<PAGE>

                                                                    Exhibit 6a4i


                                                                  CONFORMED COPY

DATED                                   15  MAY                             2000
--------------------------------------------------------------------------------


  TRANS-CONTINENTAL LEAF TOBACCO CORPORATION LIMITED, STANDARD COMMERCIAL    (1)
  TOBACCO COMPANY (UK) LIMITED AND STANDARD COMMERCIAL TOBACCO CO., INC.
                              (AS BORROWERS)

                                  - and -

                      STANDARD COMMERCIAL CORPORATION                        (2)
                              (AS GUARANTOR)

                                  - and -

                          THE STEERING COMMITTEE                             (3)

                                  - and -

                       DEUTSCHE BANK A.G. IN HAMBURG                         (4)
                              (AS LEAD BANK)

                                  - and -

                             MEESPIERSON N.V.                                (5)
                     (AS INTERNATIONAL SECURITY AGENT)

                                  - and -

                         FIRST UNION NATIONAL BANK                           (6)
                          (AS US SECURITY AGENT)

                                  - and -

                                 THE BANKS                                   (7)

--------------------------------------------------------------------------------


                          FIFTH SUPPLEMENTAL AGREEMENT
                       TO THE MASTER FACILITIES AGREEMENT
--------------------------------------------------------------------------------
<PAGE>

THIS AGREEMENT is made the 15th May 2000

BETWEEN:

(1)      THE COMPANIES LISTED IN SCHEDULE 1 (the "Borrowers");

(2)      STANDARD COMMERCIAL CORPORATION (Federal Tax Identification Number
         13/1337610) whose registered office is at 2201 Miller Road, PO Box 450,
         Wilson NC 27894-0450, USA ("SCC");

(3)      DEUTSCHE BANK A.G. IN HAMBURG,  MEESPIERSON  N.V., FIRST UNION
         NATIONAL  BANK,  NORDDEUTSCHE  LANDESBANK GIROZENTRALE AND WESTDEUTSCHE
         LANDESBANK GIROZENTRALE (the "Steering Committee");

(4)      DEUTSCHE BANK A.G. IN HAMBURG (the "Lead Bank");

(5)      MEESPIERSON N.V. (the "International Security Agent");

(6)      FIRST UNION NATIONAL BANK (the "US Security Agent");

(7)      THE BANKS LISTED IN SCHEDULE 2 (the "Banks").


WHEREAS:

(A)      On 5 May, 1995, certain of the parties entered into the MFA (as defined
         below).

(B)      The MFA was amended and supplemented by a first supplemental agreement
         dated 1 February 1996, a second supplemental agreement dated 16 July
         1996, a third supplemental agreement dated 31 July 1997 and a fourth
         supplemental agreement dated 19 May 1999.

(C)      The parties now wish to amend and supplement the MFA as set out in this
         Agreement.


IT IS AGREED:

1.       DEFINITIONS

1.1      Save as expressly provided in this Agreement, expressions defined in
         the MFA shall bear the same meanings in this Agreement and principles
         of interpretation applicable to the MFA shall also apply to this
         Agreement.

1.2      In this Agreement the following expressions shall have the following
         respective meanings:

         "MFA"  means the  Master  Facilities  Agreement  dated 5th May 1995 as
         amended by a first Supplemental Agreement dated 1 February 1996 , by a
         Second Supplemental Agreement dated 16 July 1996, a Third Supplemental
         Agreement dated 31 July 1997 and a Fourth Supplemental Agreement dated
         19 May 1999 and  otherwise  as amended,  varied,  supplemented  and in
         force immediately prior to the Effective Date;

         "Effective Date" means the first date on which the Lead Bank shall have
         received the documents and payments referred to in clause 3 below,
<PAGE>

                                      -2-


         satisfactory in form and substance to the Lead Bank and on which the
         Lead Bank is satisfied with the matters referred to in clause 3 of this
         Agreement;

1.3      Unless  otherwise  specified,  any reference in this Agreement to a
         Clause or a Schedule is to a Clause or a Schedule of the MFA.

1.4      The MFA shall be amended as set out below.


2.       AMENDMENT

2.1      TRANSFER TO DRESDNER BANK A.G.

         It was noted that Berliner Bank AG had transferred its commitment to
         Dresdner Bank AG in Hamburg pursuant to clause 21 of the MFA and that
         Berliner Bank AG had therefore ceased to be a Bank and Dresdner Bank AG
         in Hamburg had become a Bank.

2.2      INCREASE IN FACILITIES

         With effect from the Effective Date, the aggregate amount of the
         Facilities shall be increased from $233,000,000 to $250,000,000 and
         Rabobank International, London Branch shall become a Bank.

2.3      AMENDMENT TO SCHEDULE II

         In order to reflect the changes referred to above, with effect from the
         Effective Date, the MFA shall be amended by deleting the existing
         Schedule II to the MFA and replacing it with the following:

                                   SCHEDULE II

                                    THE BANKS


                  Bank                                 Commitment
              ----------------------------------------------------

              ABN Amro Bank                           $ 15,000,000

              Dresdner Bank AG                        $ 17,000,000

              Berenberg Bank                          $  7,500,000

              BHF Bank AG                             $ 15,000,000

              Crestar Bank, Inc.                      $ 15,000,000

              Commerzbank AG                          $ 15,000,000

              Deutsche Bank AG                        $ 40,000,000

              KBC Bank NV                             $ 12,500,000

              MeesPierson NV                          $ 20,000,000

              Norddeutsche Landesbank Girozentrale    $ 23,000,000

              Standard Chartered Bank                 $ 20,000,000

              Westdeutsche Landesbank Girozentrale    $ 20,000,000

              Rabobank International, London Branch   $ 15,000,000

              First Union National Bank               $ 15,000,000

              Total                                   $250,000,000
<PAGE>

                                      -3-

2.4      AMENDMENT TO SCHEDULE IV

         With effect from the Effective Date, the MFA shall be amended by
         deleting the existing Part I of Schedule IV to the MFA and replacing it
         with the following:





                                   SCHEDULE IV

                                     PART I

                              THE FACILITY LETTERS

<TABLE>
<CAPTION>


===============================================================================================================
           Bank                             Borrower                          Type of Facility
---------------------------------------------------------------------------------------------------------------
<S>                                           <C>                                      <C>
ABN Amro Bank              Standard Commercial Tobacco Company (UK)             $15,000,000   revolving  credit
                           Limited, Trans-Continental Leaf Tobacco              facility  and  letter of credit
                           Corporation Limited and Standard                     issuance facility
                           Commercial Tobacco Co., Inc.,
---------------------------------------------------------------------------------------------------------------
BHF-Bank                   Standard Commercial Tobacco Co., Inc.,               Revolving
Aktiengesellschaft         Raleigh, Standard Commercial Tobacco
                           Company (UK) Limited, Godalming,
                           Trans-Continental Leaf Tobacco
                           Corporation Limited, Vaduz

---------------------------------------------------------------------------------------------------------------
Commerzbank                Standard  Commercial  Tobacco (UK) Limited,          $15,000,000 Revolving Facility
Aktiengesellschaft         Trans-Continental  Leaf Tobacco Corporation
                           Limited and Standard Commercial Tobacco
                           Co., Inc.
---------------------------------------------------------------------------------------------------------------
MeesPierson N.V.           Standard Wool Argentina S.A., Tentler &              Revolving
                           Co. B.V., Lohmann & Company GmbH,
                           Standard Commercial Tobacco Company (UK)
                           Limited, Trans-Continental Leaf Tobacco              Foreign Exchange
                           Corporation Limited, Spierer Freres &
                           Cie S.A., Standard Wool (UK) Limited and
                           Jacomb Hoare (Bradford) Limited

---------------------------------------------------------------------------------------------------------------

</TABLE>
<PAGE>

                                      -4-



<TABLE>
<CAPTION>

===============================================================================================================
           Bank                             Borrower                          Type of Facility
---------------------------------------------------------------------------------------------------------------
<S>                                           <C>                                      <C>

Norddeutsche Landesbank    Standard Commercial Tobacco Company (UK)             Revolving
Girozentrale               Limited, Trans-Continental Leaf Tobacco              Available for cash credits,
                           Corporation Limited and Standard                     short term loans, L/Cs/bank
                           Commercial Tobacco Co., Inc.                         guarantees

---------------------------------------------------------------------------------------------------------------
Westdeutsche Landesbank    Standard Commercial Tobacco Company (UK)             $20,000,000 Revolving Facility
Girozentrale               Limited, Trans-Continental Leaf Tobacco
                           Corporation Limited and Standard
                           Commercial Tobacco Co., Inc

---------------------------------------------------------------------------------------------------------------
Joh. Berenberg, Gossler &  Standard Commercial Tobacco Company (UK)             $7,500,000  Revolving
Co.                        Limited, Trans-Continental Leaf Tobacco              Facility
                           Corporation Limited and Standard
                           Commercial Tobacco Co., Inc.

---------------------------------------------------------------------------------------------------------------
Deutsche Bank              Standard Commercial Tobacco Company (UK)             $40,000,000 Revolving Facility
AG in Hamburg              Limited, Trans-Continental Leaf Tobacco
                           Corporation Limited and Standard
                           Commercial Tobacco Co., Inc.
---------------------------------------------------------------------------------------------------------------
First Union National Bank  Trans-Continental Leaf Tobacco Corporation           $15,000,000   Revolving  Credit
                           Limited, Standard Commercial Tobacco                 Facility
                           Company (UK) Limited, Standard Commercial
                           Tobacco Co., Inc.
---------------------------------------------------------------------------------------------------------------
Dresdner Bank AG in        Standard Commercial Tobacco Company (UK)             $17,000,000 Revolving
Hamburg                    Limited, Trans-Continental Leaf Tobacco              Facility;  available  for  cash
                           Corporation Limited and Standard                     credits,  short  term loans and
                           Commercial Tobacco Co., Inc.                         L/Cs/bank guarantees

---------------------------------------------------------------------------------------------------------------
Crestar Bank, Inc.         Standard  Commercial  Tobacco  Company (UK)          $15,000,000 revolving facility
                           Limited, Trans-Continental Leaf Tobacco
                           Corporation Limited and Standard
                           Commercial Tobacco Co., Inc

---------------------------------------------------------------------------------------------------------------


</TABLE>
<PAGE>

                                      -5-

<TABLE>
<CAPTION>

===============================================================================================================
           Bank                             Borrower                          Type of Facility
---------------------------------------------------------------------------------------------------------------
<S>                                          <C>                                    <C>
Standard Chartered Bank    Standard  Commercial Tobacco Company (UK)            Revolving
                           Limited, Trans-Continental Leaf Tobacco
                           Corporation Limited and Standard
                           Commercial Tobacco Co., Inc

---------------------------------------------------------------------------------------------------------------
KBC Bank N.V.              Standard  Commercial  Tobacco Company (UK)           Revolving
                           Limited, Trans-Continental Leaf Tobacco
                           Corporation Limited and Standard
                           Commercial Tobacco Co., Inc.

---------------------------------------------------------------------------------------------------------------
Rabobank International     Standard Commercial Tobacco Company (UK)             $15,000,000 Revolving  Credit
(Cooperatieve Centrale     Limited, Trans-Continental Leaf Tobacco              Facility and Letter of Credit
Raiffeisen                 Corporation Limited and Standard                     Issuance Facility
-Boerenleenbank B.A.)      Commercial Tobacco Co., Inc

===============================================================================================================
</TABLE>


         Each of the facility letters from time to time entered into by the
         Banks in connection with the facilities pursuant to which a Bank makes
         available its Commitment (in each case as amended and supplemented from
         time to time in accordance with the MFA) is designated by the Lead Bank
         (acting with Majority Bank approval) and SCC as a Facility Letter under
         the MFA for all purposes and each such facility is designated as a
         "Facility" under the MFA for all purposes by the Lead Bank (acting with
         Majority Bank approval) and SCTC Inc.


2.5      CLAUSE 21

         Clause 21.2(b) of the MFA shall be amended by adding the words "rights
         and" before "obligations" and clause 21.4(c) of the MFA shall be
         amended by adding the words "in place of the Transferor" after the
         words "Finance Party" in line four of that clause.



3.       CONDITIONS PRECEDENT

3.1      (a)      AGREEMENT: this Agreement duly signed on behalf of each of the
                  parties.

         (b)      COMPANY DOCUMENTS

                  (i)      CERTIFICATE OF AUTHORISATION: in relation to the
                           Borrowers and SCC, a certificate signed by a duly
                           authorised director to the effect that the requisite
                           resolution of its board of directors has been duly
                           and properly passed:-

                           (1)     authorising its execution, delivery and
                                   performance of this Agreement; and
<PAGE>

                                      -6-

                           (2)     authorising a named person or persons
                                   specified in such certificate and whose
                                   specimen signatures appear there to sign this
                                   Agreement and any amendments and renewals
                                   thereof and to give any notices or
                                   certificates required in connection with such
                                   documents,

                           and confirming that such resolutions are still in
                           effect and have not been varied or rescinded and also
                           confirming that there have been no changes to the
                           constitutional documents of the Borrowers and SCC
                           since the copies previously provided to the Lead Bank
                           under the MFA;

                  (ii)     AUTHORISING BOARD RESOLUTIONS: a certified copy of
                           the resolutions of the board of directors referred to
                           in paragraph (b)(i) above or an original Resolution
                           by Circular Letter of TCLTC in the agreed terms
                           unless local legal counsel to the Lead Bank and the
                           Security Agents advises that this is not necessary;

                  (iii)    CERTIFICATE OF AUTHORISATION OF OTHER OBLIGORS: in
                           relation to each Obligor other than SCTC Inc, SCTC
                           (UK), TCLTC, and SCC, a certificate of one of its
                           directors to the effect that the requisite resolution
                           of its board of directors has been duly and properly
                           passed approving this Agreement and confirming that
                           such resolutions are still in effect and have not
                           been varied or rescinded or a certificate in such
                           other form as local legal counsel to the Lead Bank
                           and the Security Agents consider to be satisfactory
                           and also confirming that there have been no changes
                           to the constitutional documents of the Obligors since
                           the copies previously provided to the Lead Bank under
                           the MFA;

                  (iv)     AUTHORISING BOARD RESOLUTIONS: a certified copy of
                           the resolutions of the board of directors of each of
                           the other Obligors referred to in paragraph (b)(iii)
                           above;

         (b)      DIRECTORS' CERTIFICATES: a certificate (signed in each case by
                  a duly authorised director) of each of SCTC Inc. SCTC (UK) and
                  TCLTC and SCC that, after making diligent enquiry, the
                  directors are not aware that any Event of Default or Potential
                  Event of Default under the MFA has occurred and is Continuing.

         (c)      BANK MANDATES: such bank mandates, specimen signatures and
                  similar documentation as each of Dresdner Bank AG in Hamburg
                  and Rabobank International London Branch may require in order
                  to enable each of the Facilities made available by it to be
                  utilised by each of the Borrowers, duly signed on behalf of
                  the relevant Borrower(s);

         (d)      OTHER DOCUMENTATION:  such other documentation as the Lead
                  Bank may specify in writing.

3.2      The Lead Bank shall be entitled to disregard discrepancies in any of
         the conditions precedent produced to it pursuant to clause 3.1 of this
         Agreement where it considers that such discrepancy is of a minor and
         non-material nature.

3.3      All fees payable to the respective legal advisers of the Lead Bank, the
         International Security Agent and the US Security Agent shall be paid
         together with any disbursements and any applicable taxes in full within
         five Business Days of the Effective Date.
<PAGE>

                                      -7-


4.       CONSTRUCTION

4.1      The MFA and this Agreement shall after the date of this Agreement be
         read and construed as one document and references in the MFA and each
         Finance Document to the MFA shall be read and construed as references
         to the MFA as supplemented and amended by this Agreement.

4.2      The MFA shall continue in full force and effect, save as otherwise
         expressly amended by this Agreement.

4.3      The amendments contained in this Agreement shall be without prejudice
         to any rights and liabilities arising under the MFA by reference to any
         acts, omissions and events occurring before such amendments come into
         effect.


5.       COSTS AND EXPENSES

         SCTC Inc. will reimburse the Lead Bank and each of the Security Agents
         on demand all reasonable costs and expenses (including legal costs and
         out-of-pocket expenses) and all value added tax thereon incurred by the
         Bank in connection with the negotiation, preparation and execution of
         this Agreement and any condition precedent documentation contemplated
         in it.


6.       COUNTERPARTS

         This Agreement may be executed in any number of counterparts, all of
         which when taken together shall constitute a single instrument.


7.       NOTICES

         The provisions of Clause 32 (Notices) of the MFA shall be deemed to be
         incorporated, mutatis mutandis, in this Agreement.


8.       GOVERNING LAW AND JURISDICTION

         The provisions of Clause 40 (Governing Law and Jurisdiction) of the MFA
         shall be deemed to be incorporated, mutatis mutandis, in this
         Agreement.

AS WITNESS the hands of the parties the day and year first above written.
<PAGE>

                                      -8-

                                   SCHEDULE 1

                                  THE BORROWERS


Name                                                              Company Number

Trans-Continental Leaf Tobacco Corporation Limited                  H.LIV/14

Standard Commercial Tobacco Company (UK) Limited                    1411968

Standard Commercial Tobacco Co., Inc.                              56-0323420
<PAGE>

                                      -9-


                                   SCHEDULE 2

                                    THE BANKS

ABN Amro Bank

Berenberg Bank

BHF Bank AG

Crestar Bank, Inc.

Commerzbank AG

Deutsche Bank AG in Hamburg

Dresdner Bank AG in Hamburg

First Union National Bank

KBC Bank NV

MeesPierson NV

Norddeutsche Landesbank Girozentrale

Rabobank International, London Branch

Standard Chartered Bank

Westdeutsche Landesbank Girozentrale
<PAGE>

                                      -10-



                                 SIGNATURE PAGES

THE BORROWERS


TRANS-CONTINENTAL LEAF TOBACCO CORPORATION LIMITED
FL-9490 Vaduz
Liechtenstein

Facsimile No:     + 41 75 236 5555
Attention:        The Finance Director

By:      Aileen Woollhead                  Karen Tingley


STANDARD COMMERCIAL TOBACCO COMPANY (UK) LIMITED
Standard House
Weyside Park
Godalming
Surrey GU7 1XE
England

Facsimile No:     + 44 1483 860176
Attention:        The Finance Director

By:      Aileen Woollhead                  Karen Tingley


STANDARD COMMERCIAL TOBACCO CO., INC.

2201 Miller Road, P O Box 450,
Wilson NC 27894-0450, USA

Facsimile No:     + 1 919 237 1109
Attention:        The Finance Director

By:      Aileen Woollhead                  Karen Tingley


SCC (AS GUARANTOR)

STANDARD COMMERCIAL CORPORATION

2201 Miller Road, P O Box 450,
Wilson NC 27894-0450, USA

Facsimile No:     + 1 919 237 1109
Attention:        The Finance Director

By:      Aileen Woollhead                  Karen Tingley
<PAGE>

                                      -11-

THE LEAD BANK

DEUTSCHE BANK A.G. IN HAMBURG
Firmen und Institutionen
Konzernbetreuung
Adolphsplatz 7
20079 Hamburg, Germany

Facsimile No:     + 49 40 3701 4684
Attention:        Michael Ziesenitz

By:      Dr Reinecke M. Ziesenitz


THE INTERNATIONAL SECURITY AGENT

MEESPIERSON N.V.
Camomile Court
23 Camomile Street
London EC3A 7PP

Facsimile No:     + 207 444 8810
Attention:        Iain Lappin-Smith

By:      Mr Iain Lappin-Smith              Mr David De Buck


THE US SECURITY AGENT

FIRST UNION NATIONAL BANK
301 South Tyron Street, T-28
Charlotte
NC 28288-0334
USA

Facsimile No:     00 1 704 383 6647
Attention:        G Mendel Lay, Jnr

By:      Mendel Lay

THE STEERING COMMITTEE

DEUTSCHE BANK A.G. IN HAMBURG
Firmen und Institutionen
Konzernbetreuung
Adolphsplatz 7
20079 Hamburg, Germany

Facsimile No:     + 49 40 3701 4684
Attention:        Michael Ziesenitz

By:      Dr Reinecke M. Ziesenitz
<PAGE>

                                      -12-



MEESPIERSON N.V.
Coolsingel 93
PO Box 749
3000 AS Rotterdam
Netherlands

Facsimile No:     + 31 10 401 6558
Attention:        Jaap Van Beveren

By:      Ms Anjavan Balen     Mr Jaap van Beveren


FIRST UNION NATIONAL BANK
301 South Tyron Street, T-28
Charlotte
NC 28288-0334
USA

Facsimile No:     00 1 704 383 6647
Attention:        G Mendel Lay, Jr

By:      Mendel Lay


NORDDEUTSCHE LANDESBANK GIROZENTRALE
Brodschrangen 4
20457 Hamburg
Germany

Facsimile No:     + 49 40 3765 5304
Attention:        Mrs Glindmeyer

By:      Mrs Glindmeyer       Mrs Meyer


WESTDEUTSCHE LANDESBANK GIROZENTRALE
Domstrasse 10
20095 Hamburg
Germany

Facsimile No:     + 49 40 339 68265
Attention:        Mrs Renate Koch, Credit Department

By:      Mr W Reichel         Mrs R Koch
<PAGE>

                                      -13-



THE BANKS

DEUTSCHE BANK A.G. IN HAMBURG
Firmen und Institutionen
Konzernbetreuung
Adolphsplatz 7
20079 Hamburg, Germany

Facsimile No:     + 49 40 3701 4684
Attention:        Michael Ziesenitz

By:      Dr Reinecke M. Ziesenitz


MEESPIERSON N.V.
Coolsingel 93
PO Box 749
3000 AS Rotterdam
Netherlands

Facsimile No:     + 31 10 401 6558
Attention:        Jaap Van Beveren

By:      Ms Anja van Balen    Mr Jaap van Beveren


FIRST UNION NATIONAL BANK
301 South Tyron Street, T-28
Charlotte
NC 28288-0334
USA

Facsimile No:     001 704 383 6647
Attention:        G Mendel Lay, Jr.

By:      Mendel Lay


NORDDEUTSCHE LANDESBANK GIROZENTRALE
Brodschrangen 4
20457 Hamburg
Germany

Facsimile No:     + 49 40 3765 5304
Attention:        Mrs Glindmeyer

By:      Mrs Glindmeyer       Mrs Meyer
<PAGE>

                                      -14-



WESTDEUTSCHE LANDESBANK GIROZENTRALE
Domstrasse 10
20095 Hamburg
Germany

Facsimile No:     + 49 40 339 68265
Attention:        Mrs Renate Koch, Credit Department

By:      Mr W Reichel                       Mrs R Koch

BERENBERG BANK
Neuer Jungfernstieg 20
20354 Hamburg
Germany

Facsimile No:     + 49 40 354 248
Attention:        Mr Klaus Schroder

By:      Mr K Schroder                      M Grosse Siebenburgen

BHF-BANK AKTIENGESELLSCHAFT
Neuer Wall 54
20354 Hamburg
Germany

Facsimile No:     + 49 40 3200 9203
Attention:        Mr Theodore Budde

By:      Mr Philippi                        Mr Theodore Budde

COMMERZBANK A.G.
Ness 7-9
20457 Hamburg
Germany

Facsimile No:     + 49 40 368 32130
Attention:        Mr Weidner

By:      Mr Loeck                           Mr Weidner

ABN AMRO BANK N.V.
TCF Europe,
Herengracht 595
PO Box 90 (AF 2432)
1000AB Amsterdam
The Netherlands

Tel:              + 31 20 383 3458
Fax:              + 31 20 383 3455
Attention:        Mr. Rudolf Oldeman

By:      Rudolf Oldeman                     Albert Znyoswegt
<PAGE>

                                      -15-

CRESTAR BANK
919 East Main Street
Richmond, VA 23219
USA

Tel:              001 804 782 5237
Fax:              001 804 782 5413
Attention:        Mr. C Gray Key

By:      Mr C Gray Key

KBC BANK N.V.
Global Trade Finance Group
Dashwood House
69 Old Street
London EC2M 1GT
England

Tel:              +44 207 861 2660
Fax:              +44 207 861 2626
Attention:        Mr. Philip Lewis

By:      Mr Philip Lewis                    Mr Malcolm Watson

STANDARD CHARTERED BANK
37 Gracechurch Street
London EC3V OBX
England

Tel:              +44 207 280 7585
Fax:              +44 207 280 7598
Attention:        Mr. Francois Dorival-Bordes

By:      Mr. Francois Dorival-Bordes        Mr Ian Mote



DRESDNER BANK AG IN HAMBURG
Corporate Customers
Betreuung Unternehmenskunden Hamburg 3
Jungfernstieg 22
20349 Hamburg
Germany

Tel:              + 49 40 3501 3200
Fax:              + 49 40 350 1 3278
Attention:        Mr Eugen Klutzny

By:      Mr Gau                             Mr Klutzny
<PAGE>

                                      -16-



RABOBANK INTERNATIONAL, LONDON BRANCH
Thames Court
One Queenhithe
London EC4V 3RL
England

Tel:              + 44 207 809 3000
Fax:              + 44 207 809 3500
Attention:        Mr David Cormack

By:      Mr David Cormack                   Mr S Tyler