STOCK PURCHASE AGREEMENT


         THIS STOCK PURCHASE AGREEMENT ("Agreement") is effective as of this
____ day of February, 2001 by and among Network Investor Services, Inc.
("Seller"), and Peruvian Investments, L.L.C. ("Buyer").

         WHEREAS, the parties intend by this agreement to provide for the
acquisition by Buyer of 1,000,000 shares of Common Stock of Network Investor
Services, Inc. (the "Company") (the "Shares");

         NOW, THEREFORE, in consideration of the mutual covenants and
obligations set forth herein, it is agreed as follows:

         1. Purchase of Shares. Subject to the terms and conditions contained
herein, Buyer agrees to purchase and the undersigned Seller agrees to sell,
transfer, convey and assign to Buyer, for the consideration described in Section
2 below, the Shares.

         2. Consideration. At the Closing, as defined in Section 5 below, Buyer
shall deliver and pay to the Seller the equivalent of $10,000 in the form of a
promissory note ("Promissory Note") in favor of Seller (the "Purchase Price"),
in exchange for the Shares.

         3. Representations and Warranties of the Seller. To induce the Buyer to
enter into this Agreement, the Seller represents and warrants to Buyer that the
following statements are true, correct and complete as of the date hereof, and
will be true, correct and complete as of the date of Closing:

              (a) Authority. Seller now has and will have, at the Closing, full
         power, authority and legal right to sell the Shares to Buyer pursuant
         to this Agreement. This Agreement has been duly and validly authorized,
         executed and delivered by, and is the valid and binding obligation of,
         Seller.

              (b) Compliance with Law. The consummation by the Seller of the
         transactions contemplated hereby will be in compliance with all
         applicable laws, rules, regulations and requirements of all applicable
         federal, state and local governmental authorities without the necessity
         for any license or permit or other action or permission in the nature
         thereof, or any registration with, or consent of, any such governmental
         authority.

              (c) No Litigation. There are no suits or proceedings at law or in
         equity, or before or by any governmental agency or arbitrator, pending,
         or to the knowledge of the Seller, threatened, anticipated or
         contemplated, which in any way affect the consummation of the
         transactions contemplated hereby or, if valid, would constitute or
         result in a breach of any representation, warranty or agreement set
         forth herein.


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              (d) No Material Misstatements. Seller has not made any material
         misstatement of fact or omitted to state any material fact reasonably
         necessary to make complete, accurate and not misleading every
         representation, warranty and agreement set forth herein.

         4. Representations, Warranties and Agreements of Buyer. Buyer
represents and warrants to and agrees with Seller that:

              (a) Peruvian has been represented by such legal counsel who has
         been personally selected by it, as it has found necessary to consult
         concerning this transaction, and such representation has included an
         examination of applicable documents, and an analysis of all tax,
         financial, and securities law aspects. Peruvian and its counsel and
         other advisors have sufficient knowledge and experience in business and
         financial matters to evaluate the above information, and the merits and
         risks of the transactions contemplated by this Agreement, and to make
         an informed investment decision with respect thereto.

              (b) Seller has made available to Peruvian, its counsel and
         advisors, prior to the date hereof, the opportunity to ask questions
         of, and to receive answers from, Seller and its representatives,
         concerning the terms and conditions of the acquisition of Seller's
         Shares and access to obtain any information, documents, financial
         statements, records and books (A) relative to Seller, the business and
         an investment in Seller, and (B) necessary to verify the accuracy of
         any information furnished to each Peruvian. All materials and
         information requested by such Peruvian, its counsel and advisors, or
         others representing such Peruvian, including any information requested
         to verify any information furnished to Peruvian, have been made
         available and examined.

              (c) Peruvian is an "Accredited Investor" and is acquiring Seller's
         Shares for its own account and not as a fiduciary for any other person.
         Peruvian is acquiring the Shares for investment purposes only and not
         with a view to or for the transfer, assignment, resale, or distribution
         thereof, in whole or in part. Peruvian understands the meaning and
         legal consequences of the foregoing representations and warranties.
         Peruvian is not an "underwriter" of the securities, as that term is
         defined in Section 2(11) of the Securities Act of 1933 ("Securities
         Act"), and Peruvian will not take or cause to be taken any action that
         would cause Peruvian or Seller to be deemed an "underwriter" of the
         securities.

              (d) Peruvian understands that the Shares have not been registered
         under the Securities Act nor pursuant to the provisions of the
         securities or other laws of any applicable jurisdictions. Peruvian
         further understands that the Seller's Shares cannot be sold, assigned,
         pledged, transformed or otherwise disposed of unless such Shares are
         registered or an exemption from registration is available, and that the
         Seller's Shares will bear a restrictive legend to that effect.

         5. The Closing. The closing of the purchase and sale of Shares shall
take place at the offices of Seller on or before February 15, 2001, or within
three (3) business days of Buyer receiving satisfactory financing of the
Purchase Price, or at such other time or place as shall be fixed by the mutual
consent of the parties. Said date of conveyance is herein called the "Closing."
The Closing may be extended by the mutual written consent of the Seller and the
Buyer.


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         6. Miscellaneous.

              (a) Attorney's Fees. In any action or proceeding arising out of or
         related to this Agreement, the prevailing party shall be entitled to
         its reasonable attorneys fees and related costs, including fees and
         costs incurred prior to formal initiation of an action or proceeding,
         and including fees and costs incurred for collecting or attempting to
         collect any judgment or award.

              (b) Survival. All parties agree that the representations,
         warranties and agreements contained in this Agreement shall survive the
         Closing and shall thereafter remain in full force and effect.

              (c) Severability. If any term or provision of this Agreement,
         including the exhibits hereto, or the application thereof to any
         person, property or circumstances, shall to any extent be invalid or
         unenforceable, the remainder of this Agreement, including the exhibits
         or the application of such term or provision to persons, property or
         circumstances other than those as to which it is invalid and
         unenforceable, shall not be affected thereby, and each term and
         provision of this Agreement and the exhibits shall be valid and
         enforced to the fullest extent permitted by law.

              (d) Entire Agreement. This Agreement, including the exhibits and
         documents referred to herein which are a part hereof, contains the
         entire understanding of the parties hereto with respect to the subject
         matter contained herein and may be amended only by a written instrument
         executed by the Buyer and the Seller. There are no restrictions,
         promises, warranties, covenants, or undertakings other than those
         expressly set forth or referred to herein. Any Section headings or
         table of contents contained in this Agreement are for reference
         purposes only and shall not affect in any way the meaning or
         interpretation of this Agreement.

              (e) Counterparts. This Agreement may be executed simultaneously in
         two or more counterparts (including by facsimile), each of which shall
         be deemed an original but all of which together shall constitute one
         and the same instrument.

              (f) Binding Affect. This Agreement shall inure to the benefit of
         and be binding upon the Seller and Buyer and their respective
         successors, but shall not inure to the benefit of anyone other than the
         parties signing this Agreement and their respective successors.

              (g) Governing Law. This Agreement shall be governed by the laws of
         the State of Utah.

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         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

                                        SELLER:  Network Investor Services, Inc.



                                        By:_____________________________________
                                        Its:____________________________________


                                        BUYER:  Peruvian Investments, L.L.C.


                                        By:_____________________________________
                                        Its:____________________________________



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