Document:

CONSULTING AGREEMENT

           THIS AGREEMENT is made and entered into as of October 1, 2001 (the
"Agreement"), by and between Western Media Group Corporation, a Minnesota
corporation, ("WMGC"), and James Rose ("Rose").

           WHEREAS, WMGC is currently a development stage company, with one
subsidiary, K-Rad Konsulting, LLC ("K-Rad"), which has been seeking merger or
acquisition opportunities;

         WHEREAS, is currently in discussions with several companies concerning
merger or acquisition opportunities; and

         WHEREAS, WMGC currently has only a single director, no employees, and
limited funds; and

           WHEREAS, WMGC seeks assistance, in view of foregoing merger
transactions, from a consultant to provide services in assisting WMGC as a Vice
President to perform day to day business functions and responsibilities in
exchange for WMGC $.01 par value per share common stock ("Common Stock"); and

           WHEREAS, Rose, wishes to provide such services to WMGC in exchange
for Common Stock as set forth herein;

           NOW, THEREFORE the parties agree as follows:

1        TERM OF AGREEMENT. This Agreement shall commence as of October 1,
         2001and shall continue for twelve (12) months thereafter. This
         Agreement shall be renewable for an additional twelve (12) months at
         the option of WMGC. WMGC may terminate this Agreement at any time upon
         thirty (30) days written notice to Rose. 1

2          SERVICES TO BE PROVIDED.
           -----------------------

         2.1   Rose shall perform the functions of a Vice President of WMGC.
               Specifically, Rose shall assist in managing WMGC's business and
               the businesses of its subsidiaries, perform all necessary
               administrative functions in maintaining WMGC, its businesses and
               records, manage WMGC's internal financial reporting, assist
               WMGC's outside auditors in their reviews and audits of WMGC's
               financial statements and provide and other services which may be
               reasonably necessary to WMGC or any WMGC subsidiary.

<PAGE>

         2.2   Rose understands that he is not an employee of WMGC, that WMGC is
               not required to provide him with workers' compensation or health
               insurance, and that Rose is responsible for payment of all taxes
               relating to payments made to him hereunder by WMGC.

         2.3   EXCLUSIVITY. This Agreement shall not be exclusive; provided,
               however, that Rose shall devote most of his business time to
               WMGC. In the event that Rose wishes to devote more than five
               hours per week to performing services to another entity or
               person, whether or not such services are similar to those to be
               performed hereunder, Rose shall first seek WMGC's wriiten
               consent, which consent shall not be withheld unless: (i) the
               services will interefere with the services to be performed
               hereunder or (ii) the provision of services will, or create the
               substantial likelihood of a violation of this Agreement.

         2.4   WORK SCHEDULE. Rose shall provide services to WMGC Monday through
               Friday, exclusive of legal holidays.

         2.5   PLACE OF PERFORMANCE OF SERVICES. Services shall be performed by
               Rose (i) at WMGC's offices when necessary or requested by WMGC,
               (ii) wherever a current or potential client or strategic partner
               of a WMGC subsidiary is located when necessary or requested by
               WMGC and (iii) when not required or requested to perform services
               elsewhere, at such place as Rose may choose with access by both
               telephone and facsimile service.

3          COMPENSATION. As compensation for the services to be provided
           hereunder, WMGC agrees to pay Rose a total of one million two hundred
           thousand (1,200,000) shares of its Common Stock which shall be
           issuable as follows: (1) seventy five percent (75%) upon approval of
           this Agreement by the WMGC Board of Directors and filing of a
           registration statement on Form S-8 as set forth below and (2) twenty
           five percent (25%) eight months after the date of commencement of the
           Term of this Agreement, unless this Agreement shall be terminated
           pursuant to its terms prior to that date. Rose shall also receive an
           option to purchase one million (1,000,000) shares of Common Stock at
           $.02 per share which shall vest eight (8) months after the
           commencement of the term of this Agreement (the "Option"), unless
           this Agreement shall be terminated pursuant to its terms prior to
           that date. In the event that WMGC is unable to register the Common
           Stock on Form S-8 within three (3) months of the date of this
           Agreement, it shall be issued with the following restrictive legend:

                                      -2-
<PAGE>

           THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
           UNDER THE SECURITIES ACT OF 1933 (THE "1933 ACT") OR THE SECURITIES
           LAWS OF ANY STATE AND MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR
           HYPOTHECATED IN THE ABSENCE OF (I) AN EFFECTIVE REGISTRATION
           STATEMENT AS TO THE SECURITIES UNDER THE 1933 ACT AND AN EFFECTIVE
           REGISTRATION OR QUALIFICATION OF SUCH SECURITIES FOR SALE UNDER ANY
           APPLICABLE STATE SECURITIES LAW; OR (II) AN OPINION OF COUNSEL
           SATISFACTORY TO THE CORPORATION THAT SUCH REGISTRATION AND
           QUALIFICATION IS NOT REQUIRED.

           In the event that WMGC exercises its option to extend the Term of
this Agreement for an additional twelve (12) months, WMGC shall pay Rose (1)
$2,000 per month either (i) in cash or (ii) in Common Stock at a 20% discount to
the prevailing market value on the last business day of each month and (2) an
option to purchase 1.0 million shares of Common Stock at fair market value on
October 1, 2002.

4          REGISTRATION OF THE COMMON STOCK.
           --------------------------------

         4.1   OBLIGATION TO REGISTER. WMGC shall use its best efforts to
               register the Common Stock to be issued hereunder, and the Common
               Stock issuable upon exercise of the Option, on Form S-8 to permit
               the resale of the Common Stock by Rose (the "Registration
               Statement"). In addition, WMGC shall:

         4.1.1 furnish to Rose, without charge, as many copies of the
               Registration Statement, the Prospectus and any amendment or
               supplement thereto as they may reasonably request;

         4.1.2 use its best efforts to comply with all applicable Federal and
               state regulations, and take such other action as may be
               reasonably necessary or advisable to enable Rose to consummate
               the sale or disposition in such jurisdictions or jurisdictions in
               which Rose shall have requested that the Common Stock be sold;
               PROVIDED that WMGC shall not be required (i) to qualify generally
               to do business as a foreign corporation in any jurisdiction
               wherein it would not otherwise be obligated to be so qualified,
               (ii) to subject itself to taxation in any such jurisdiction
               solely by reason of such registration or qualification or (iii)
               to consent to general service of process in any jurisdiction.

                                      -3-
<PAGE>

         4.1.3 Except as otherwise provided in this Agreement, WMGC shall have
               sole control in connection with the preparation, filing,
               withdrawal, amendment or supplementing of the Registration
               Statement, and may include within the coverage thereof additional
               shares of Common Stock or other securities for the account of one
               or more of its other security holders.

         4.1.4 Rose shall furnish to WMGC such information regarding the
               distribution of the Common Stock and such other information as
               may otherwise be required by the Securities Act to be included in
               the Registration Statement.

4.2        INDEMNIFICATION.
           ---------------

         4.2.1 INDEMNIFICATION BY WMGC. In connection with the Registration
               Statement relating to disposition of the Common Stock, WMGC shall
               indemnify and hold harmless Rose against any and all losses,
               claims, damages and liabilities, joint or several (including any
               reasonable investigation, legal and other expenses incurred in
               connection with, and any amount paid in settlement of any action,
               suit or proceeding or any claim asserted), to which he may become
               subject under the Securities Act of 1933, as amended (the
               "Securities Act"), the Securities Exchange Act of 1934 (the
               "Exchange Act"), as amended or other Federal or state law or
               regulation, at common law or otherwise, insofar as such losses,
               claims, damages or liabilities arise out of or are based upon any
               untrue statement or alleged untrue statement of a material fact
               contained in any Registration Statement, Prospectus or such
               amendment or supplement thereto, or arise out of or are based
               upon any omission or alleged omission to state therein a material
               fact required to be stated therein or necessary to make the
               statements therein not misleading; PROVIDED, HOWEVER, that such
               indemnity shall not inure to the benefit of Rose on account of
               any losses, claims, damages or liabilities arising from the sale
               of the Common Stock if such untrue statement or omission or
               alleged untrue statement or omission was made in such
               Registration Statement, Prospectus or such amendment or
               supplement, in reliance upon and in conformity with information
               furnished in writing to WMGC by Rose specifically for use
               therein. This indemnity agreement shall be in addition to any
               liability that the WMGC may otherwise have.

                                      -4-
<PAGE>

         4.2.2 INDEMNIFICATION BY ROSE. In connection with the Registration
               Statement, Rose shall indemnify, to the same extent as the
               indemnification provided by WMGC in Section 4.2.1. Rose will
               indemnify WMGC, its directors and each officer who signs the
               Registration Statement and each person who controls WMGC (within
               the meaning of Section 15 of the Securities Act and Section 20 of
               the Exchange Act), only insofar as such losses, claims, damages
               and liabilities arise out of or are based upon any untrue
               statement or omission or alleged untrue statement or omission
               made in the Registration Statement, the Prospectus or any
               amendment thereof or supplement thereto, in reliance upon and in
               conformity with information furnished by Rose in writing to WMGC,
               specifically for use therein. Rose's liability shall not be
               greater than the dollar amount of the net proceeds Rose receives
               upon the sale of the Common Stock giving rise to such
               indemnification obligation.

         4.2.3 CONDUCT OF INDEMNIFICATION PROCEDURE. Any party that proposes to
               assert the right to be indemnified hereunder will, promptly after
               receipt of notice of commencement of any action, suit or
               proceeding against such party in respect of which a claim is to
               be made against an indemnifying party or parties under this
               Section, notify each such indemnifying party of the commencement
               of such action, suit or proceeding, enclosing a copy of all
               papers served. No indemnification provided for in Section 4.2.1
               or 4.2.2 shall be available to any party who shall fail to give
               notice as provided in this Section 4.2.3 if the party to whom
               notice was not given was unaware of the proceeding to which such
               notice would have related and was prejudiced by the failure to
               give such notice, but the omission so to notify such indemnifying
               party of any such action, suit or proceeding shall not relieve it
               from liability that it may have to any indemnified party for
               contribution or otherwise than under this Section. In case any
               such action, suit or proceeding shall be brought against any
               indemnified party and it shall notify the indemnifying party of
               the commencement thereof, the indemnifying party shall be
               entitled to participate in, and, to the extent that it shall
               wish, jointly with any other indemnifying party similarly
               notified, to assume the defense thereof, with counsel reasonably
               satisfactory to such indemnified party, and after notice from the
               indemnifying party to such indemnified party of its election so
               to assume the defense thereof and the approval by the indemnified
               party of such counsel, the indemnifying party shall not be liable
               to such indemnified party for any legal or other expenses, except
               as provided below and except for the reasonable costs of
               investigation previously incurred by such indemnified party in
               connection with the defense thereof. The indemnified party shall
               have the right to employ its counsel in any such action, but the
               fees and expenses of such counsel shall be at the expense of such
               indemnified party unless (i) the employment of counsel by such
               indemnified party has been authorized in writing by the

                                      -5-
<PAGE>

               indemnifying parties, (ii) the indemnified party shall have
               reasonably concluded, based on advice of counsel, that there may
               be a conflict of interest between the indemnifying parties and
               the indemnified party in the conduct of the defense of such
               action (in which case the indemnifying parties shall not have the
               right to direct the defense of such action on behalf of the
               indemnified party) or (iii) the indemnifying parties shall not
               have employed counsel to assume the defense of such action within
               a reasonable time after notice of the commencement thereof, in
               each of which cases the fees and expenses of counsel shall be at
               the expense of the indemnifying parties. An indemnifying party
               shall not be liable for any settlement of any action, suit,
               proceeding or claim effected without its written consent.

         4.2.4 CONTRIBUTION. In connection with the Registration Statement
               relating to the disposition of the Common Stock, if the
               indemnification provided for in subsection 4.2.1 hereof is
               unavailable to an indemnified party thereunder in respect of any
               losses, claims, damages or liabilities referred to therein, then
               WMGC shall, in lieu of indemnifying such indemnified party,
               contribute to the amount paid or payable by such indemnified
               party as a result of such losses, claims, damages or liabilities.
               The amount to be contributed by WMGC hereunder shall be no
               greater than the proceeds of the same of the Common Stock by
               Rose.

         4.2.5 SPECIFIC PERFORMANCE. WMGC and Rose acknowledge that remedies at
               law for the enforcement of Sections 4.2.1 through 4.2.4 may be
               inadequate and intend that those Sections shall be specifically
               enforceable.

5          INDEPENDENT CONTRACTOR STATUS. Both WMGC and Rose agree that Rose
           shall be acting as an independent contractor and not as an employee,
           servant or agent of WMGC. Accordingly, it is agreed that Rose shall
           not have any authority to act for or on behalf of WMGC or to bind
           WMGC without its express consent. Rose shall not be considered as
           having employee status for the purpose of any employee benefit plan
           applicable to WMGC's employees generally. Rose is responsible for the
           payment of any taxes relating to payments made to him hereunder by
           WMGC.

6          ROSE'S REPRESENTATIONS AND WARRANTIES.   Rose hereby represents and
           warrants to WMGC as follows:

                                      -6-
<PAGE>

         6.1   AUTHORITY. Rose has full power and authority to execute and
               deliver, to perform his obligations under, and to consummate the
               transactions contemplated by this Agreement. This Agreement is a
               valid and legally binding obligation of Rose, enforceable against
               him in accordance with its terms. Rose is not restricted or
               prohibited, contractually, by court order, agreement or
               otherwise, from entering into and performing this Agreement, and
               the services to be performed hereunder, and Rose's's execution
               and performance of this Agreement is not a violation or breach of
               any agreement between Rose and any other person or entity.

7          WMGC'S REPRESENTATION AND WARRANTIES. WMGC hereby represents and
           warrants to Rose as follows:

         7.1   ORGANIZATION. WMGC is a corporation duly organized, validly
               existing and in good standing under the laws of Minnesota, and
               has full corporate power and authority to conduct its business as
               and to the extent now conducted and to own, use and lease its
               assets and properties. WMGC has full corporate power and
               authority to execute and deliver this Agreement and the Common
               Stock and to perform its obligations hereunder and to consummate
               the transactions contemplated hereby.

         7.2   AUTHORITY; DUE AUTHORIZATION. The execution and delivery by WMGC
               of this Agreement and the Common Stock, and the performance by
               WMGC of its obligations hereunder, have been duly and validly
               authorized by the WMGC Board of Directors, no other corporate
               action on the part of WMGC or its respective shareholders being
               necessary. This Agreement has been duly and validly executed and
               delivered by WMGC and constitutes legal, valid and binding
               obligations of WMGC enforceable against WMGC in accordance with
               its terms.

         7.3   NO CONFLICTS. The execution and delivery by WMGC of this
               Agreement does not, and the consummation of the transactions
               contemplated hereby will not:

         7.3.1 conflict with or result in a violation or breach of any of the
               terms, conditions or provisions of the certificate of
               incorporation or by-laws (or other comparable corporate charter
               document) of WMGC;

         7.3.2 conflict with or result in a violation or breach of any term or
               provision of any law or order applicable to WMGC or any of its
               assets and properties; or

                                      -7-
<PAGE>

         7.3.3 (a) conflict with or result in a violation or breach of, (b)
               constitute (with or without notice or lapse of time or both) a
               default under, (c) require WMGC or any other person or entity to
               obtain any consent, approval or action of, make any filing with
               or give any notice to any person or entity as a result or under
               the terms of, or (d) result in the creation or imposition of any
               lien upon WMGC or any of its assets or properties under, any
               contract or license to which WMGC is a party or by which any of
               its assets and properties is bound.

8          TERMINATION. Either party may terminate this Agreement upon thirty
           (30) days notice to the other. However, in the event of a termination
           by Rose, he shall be obligated to return the pro rata portion of the
           Common Stock represented by the number of months remaining to be
           performed under this Agreement, divided by twelve (12). In the event
           of termination of this Agreement by Rose, all provisions of Section 9
           shall remain in effect.

9          NON-DISCLOSURE AND NON-SOLICITATION.
           -----------------------------------

         9.1   CONFIDENTIAL INFORMATION. Rose shall not, during the term of this
               Agreement, directly or indirectly, divulge, disclose or
               communicate to any person, firm, or corporation, any Confidential
               Information (as defined herein), except as may be required by law
               or valid legal process. If Rose is served with formal legal
               process requesting any Confidential Information, Rose shall
               notify WMGC within three (3) business days of receipt of the
               request and provide WMGC with a copy of the request.
               "Confidential Information" shall mean any matters affecting or
               relating to the business of WMGC which derives economic value,
               actual or potential, from not being generally known to the public
               or trade, including, but not limited to, all customer lists,
               names and addresses of customers, contact persons at customers,
               agreements or arrangements with customers, items usually
               purchased by customers, supplier lists, names and addresses of
               suppliers, contact persons at suppliers, agreements or
               arrangements with suppliers, sales techniques, pricing and
               prices, and marketing information or strategies. "Confidential
               Information" shall not include matters generally known to the
               public or trade. Rose has been advised by WMGC that said
               Confidential Information is proprietary to WMGC, and constitutes
               a trade secret owned exclusively by WMGC, the disclosure of which
               would be harmful and damaging to WMGC's business.

         9.2   EXCEPTIONS CONCERNING CONFIDENTIAL INFORMATION. Notwithstanding
               the foregoing provisions, use of Confidential Information shall
               not violate Section 9.1 if used by Rose in connection with the
               provision of services hereunder.

                                      -8-
<PAGE>

         9.3   WMGC MATERIALS. All reports and analysis, contracts, contractual
               arrangements, proposed and actual pricing arrangements,
               specifications, computer software, computer records and data
               stored in WMGC's computers, computer printouts, computer disks,
               documents, memoranda, notebooks, correspondence, files, lists and
               other records, and the like, and all photocopies or other
               reproductions thereof, affecting or relating to the business of
               WMGC which Rose shall prepare, use, construct, observe, possess
               or control ("WMGC Materials"), shall be and remain the sole
               property of WMGC. Upon termination of this Agreement, Rose shall
               deliver promptly to WMGC all such WMGC Materials and any copies
               or excerpts thereof.

         9.4   SOLICITATION OF CUSTOMERS. Rose shall not, at any time during the
               term of this Agreement, directly or indirectly, either for
               himself or for any other person, firm, or corporation, compete
               for, solicit, divert, or take away, or attempt to divert or take
               away, any of the customers of WMGC who are customers during the
               term of this Agreement or who were customers at the time of
               termination of this Agreement.

         9.5   SOLICITATION OF EMPLOYEES, ETC. Rose shall not, at any time
               during the term of this Agreement, directly or indirectly, either
               for himself or for any other person, firm, or corporation,
               solicit (or seek to solicit) any person who is engaged (as an
               employee, agent, independent contractor or someone similarly
               situated) by WMGC to terminate his or her employment or
               engagement.

         10    MERGER, ETC., OF WMGC. In the event of a future disposition of
               the properties and business of WMGC, substantially or in its
               entirety, by merger, consolidation, sale of assets, or otherwise,
               then WMGC may assign this Agreement and all of the rights and
               obligations of WMGC under this Agreement to the acquiring or
               surviving corporation; provided, that such acquiring or surviving
               corporation shall assume in writing all of the obligations under
               this Agreement. However, if the acquiring or surviving
               corporation declines to accept assignment of this Agreement it
               shall be terminated and all payments to be made hereunder.

11         GENERAL PROVISIONS.
           ------------------

         11.1  SEVERABLE PROVISIONS. The provisions of this Agreement are
               severable, and if any one or more provisions may be determined to
               be judicially unenforceable, in whole or in part, the remaining
               provisions shall nevertheless be binding and enforceable.

                                      -9-
<PAGE>

         11.2  ASSIGNMENT. This Agreement may not be assigned by WMGC or Rose,
               except as set forth in Section 10.

         11.3  WAIVER. Either party's failure to enforce any provision or
               provisions of this Agreement shall not be construed as a waiver
               of any such provision or provisions, or prevent that party
               thereafter from enforcing each and every other provision of this
               Agreement.

         11.4  ENTIRE AGREEMENT; AMENDMENTS. This Agreement between WMGC and
               Rose supersedes any and all other agreements, either oral or in
               writing, between the parties hereto with respect to the
               consulting arrangement between Rose and WMGC and contains all of
               the covenants and agreements between the parties with respect to
               the consulting arrangement between Rose and WMGC. Each party to
               this Agreement acknowledges that no representations, inducements,
               promises or agreements, orally or otherwise, have been made by
               any party, or anyone acting on behalf of any party, which are not
               embodied herein, and that no other agreement, statement or
               promise not contained in this Agreement will be effective unless
               it is in writing signed by the party to be charged.

         11.5  TITLES AND HEADINGS.Titles and headings to sections of this
               Agreement are for the purpose of reference only and shall in no
               way limit, define or otherwise affect the interpretation or
               construction of such provisions.

         11.6  COUNTERPARTS. This Agreement may be executed in one or more
               counterparts, each of which shall be deemed to be an original,
               and all of which together shall constitute a single agreement.

         11.7  GOVERNING LAW. This Agreement shall be governed by and construed
               in accordance with the laws of the State of New York.

         11.8  NOTICES. Any notice to be given to WMGC under the terms of this
               Agreement shall be addressed to WMGC at the address of WMGC's
               principal place of business, with a copy to Guzov, Steckman &
               Ofsink, LLC, 600 Madison Avenue, 22nd Floor, New York, New York
               10022, and any notice to be given to Rose shall be addressed to
               Rose at 69 Mall Drive, Commack, New York 11725, or at such other
               address as either party may hereafter designate in writing to the
               other. Any notice required or permitted under this Agreement
               shall be in writing, shall be sent by certified mail, return
               receipt requested, or by hand, and shall be deemed effective: (i)
               upon receipt in the event of delivery by hand, including delivery
               made by private delivery or overnight mail service where either
               the recipient or delivery agent executes a written receipt or
               confirmation of delivery; or (ii) 48 hours after deposited in the
               United States mail, registered or certified mail, return receipt
               requested, postage prepaid.

                                      -10-
<PAGE>

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

James Rose

                                             WESTERN MEDIA GROUP CORPORATION
                                             a Minnesota corporation

                                             By:_________________________

                                             Title:
                                                   -----------------------------

                                      -11-
<PAGE>COMMON STOCK OPTION

           NEITHER THIS OPTION NOR THE SECURITIES ISSUABLE UPON EXERCISE THEREOF
           HAVE BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE
           COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE OR CANADIAN
           PROVINCE, OR UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
           "ACT"). THIS OPTION IS RESTRICTED AND MAY NOT BE OFFERED, RESOLD,
           PLEDGED OR TRANSFERRED EXCEPT AS PERMITTED UNDER THE ACT PURSUANT TO
           AN EFFECTIVE REGISTRATION STATEMENT OR AN EXEMPTION FROM SUCH
           REGISTRATION REQUIREMENTS.

Void after October 1, 2004                Right to Purchase 1,200,000 shares of
                                          Common Stock (subject to adjustment)

PREAMBLE

           Western Media Group Corporation, a Minnesota corporation (the
"Company"), hereby certifies that, for value received, ___, the holder hereof
(the "Holder"), is entitled, subject to the terms set forth below, to purchase
from the Company at any time or from time to time before 5:00 P.M. New York
time, on October 1, 2004, fully paid and nonassessable shares of the Company's
$.001 par value per share common stock (the "Common Stock"). The purchase price
per share (the "Purchase Price") shall be, in the event of a purchase at any
time during the period commencing on the date hereof and ending on October 1,
2004, $.02. The number of shares of Common Stock and the amount of the Purchase
Price are subject to adjustment as provided herein.

           This option is the "Option" (this "Option"), evidencing the right to
purchase shares of Common Stock of the Company, issued pursuant to that certain
Consulting Agreement dated as of October 1, 2001 (the "Consulting Agreement"),
between the Company and the Holder. Capitalized terms used and not otherwise
defined herein shall have the meanings set forth for such terms in the
Consulting Agreement. This Option evidences the right to purchase an aggregate
of 1,200,000 shares of Common Stock of the Company, subject to adjustment as
provided in this Option.

           As used herein, the following terms, unless the context otherwise
requires, have the following respective meanings:

                  (a) The term "Company" includes any corporation which shall
succeed to or assume the obligations of the Company hereunder.

<PAGE>

                  (b) The term "Common Stock" includes all stock of any class or
classes (however designated) of the Company, authorized on or after the date
hereof, the holders of which shall have the right, without limitation as to
amount, either to all or to a share of the balance of current dividends and
liquidating dividends after the payment of dividends and distributions on any
shares entitled to preference, and the holders of which shall ordinarily, in the
absence of contingencies, be entitled to vote for the election of a majority of
directors of the Company (even though the right so to vote has been suspended by
the happening of such a contingency).

                  (c) The term "Other Securities" refers to any stock (other
than Common Stock) and other securities of the Company or any other person
(corporate or otherwise) which the Holder of this Option at any time shall be
entitled to receive, or shall have received, on the exercise of this Option, in
lieu of or in addition to Common Stock, or which at any time shall be issuable
or shall have been issued in exchange for or in replacement of Common Stock or
Other Securities pursuant to Section 6 or otherwise.

                  (d) The term "Registration Statement" means any registration
statement of the Company filed or to be filed with the SEC which covers any of
the Registrable Securities pursuant to the provisions of this Option, including
all amendments (including post-effective amendments) and supplements thereto,
all exhibits thereto and all material incorporated therein by reference.

                  (e) The term "SEC," "Securities and Exchange Commission" or
"Commission" refers to the Securities and Exchange Commission or any other
federal agency then administering the Securities Act.

                  (f) The term "Shares" means the Common Stock issued or
issuable upon exercise of this Option.

                  (g) The term "Securities Act" means the Securities Act of
1933, as amended, or any successor federal statute, and the rules and
regulations of the Securities and Exchange Commission thereunder, all as the
same shall be in effect at the time.

                  (h) The term "Securities Exchange Act" means the Securities
Exchange Act of 1934, as amended, or any successor federal statute, and the
rules and regulations of the Securities and Exchange Commission thereunder, all
as the same shall be in effect at the time.

           1.        RESTRICTED STOCK.
                     ----------------

         1.1 If, at the time of any transfer or exchange (other than a transfer
or exchange not involving a change in the beneficial ownership of this Option or
the Shares) of this Option or the Shares, this Option or the Shares shall not be
registered under the Securities Act, the Company will require, as a condition of
allowing such transfer or exchange, that the Holder or transferee of this Option
or the Shares, as the case may be, furnish to the Company an opinion of counsel
reasonably acceptable to the Company or a "no action" or similar letter from the
Securities and Exchange Commission to the effect that such exercise transfer or
exchange may be made without registration under the Securities Act. In the case
of such transfer or exchange and in the case of an exercise of this Option if
the Shares to be issued thereupon are not registered pursuant to the Securities
Act, the Company will require a written statement that this Option or the
Shares, as the case may be, are being acquired for investment and not with a
view to the distribution thereof. The certificates evidencing the Shares issued
on the exercise of this Option shall, if such Shares are being sold or
transferred without registration under the Securities Act, bear a legend similar
to the legend on the face page of this Common Stock Purchase Option.

                                      -2-
<PAGE>

         1.2 (a) The Company shall make and keep public information available,
as those terms are understood and defined in Rule 144 under the Securities Act,
at all times from and after 90 days following the effective date of the first
registration of the Company under the Securities Act of an offering of its
securities to the general public.

         (b) The Company shall file with the Commission in a timely manner all
required reports and other documents as the Commission may prescribe under
Section 13(a) or 15(d) of the Exchange Act.

         (c) The Company shall furnish to the Holder of this Option or the
Shares designated by the Holder, forthwith upon request, (i) a written statement
by the Company as to its compliance with the reporting requirements under the
Securities Act (at any time from and after 90 days following the effective date
of the first registration statement of the Company for an offering of its
securities to the general public) and of the reporting requirements of the
Exchange Act, (ii) a copy of the most recent annual or quarterly report of the
Company, (iii) any other reports and documents necessary to satisfy the
information-furnishing condition to offers and sales under Rule 144A under the
Securities Act, and (iv) such other reports and documents as the Holder of this
Option or the Shares reasonably requests to avail itself of any rule or
regulation of the Commission allowing the Holder to sell any such securities
without registration.

           2.        EXERCISE OF OPTION.
                     ------------------

         2.1 EXERCISE IN FULL. The Holder of this Option may exercise it in full
by surrendering this Option, with the form of subscription at the end hereof
duly executed by the Holder, to the Company at its principal office. The
surrendered Option shall be accompanied by payment, in cash or by certified or
official bank check payable to the order of the Company, in the amount obtained
by multiplying the number of shares of Common Stock called for on the face of
this Option by the applicable Purchase Price.

         2.2 PARTIAL EXERCISE. This Option may be exercised in part by surrender
of this Option in the manner and at the place provided in Subsection 2.1 except
that the amount of Common Stock obtained through the exercise shall be
calculated by multiplying (a) the number of shares of Common Stock called for on
the face of this Option as shall be designated by the Holder in the subscription
at the end hereof by (b) the Purchase Price. On any such partial exercise,
subject to the provisions of Section 2 hereof, the Company at its expense will
forthwith issue and deliver to, or upon the order of the Holder, a new Option or
Options of like tenor, in the name of the Holder, calling in the aggregate on
the face or faces thereof, for the number of shares of Common Stock equal to the
number of such shares called for on the face of this Option minus the number of
such shares designated by the Holder in the subscription at the end hereof.

                                      -3-
<PAGE>

         2.3 COMPANY ACKNOWLEDGMENT. The Company will, at the time of the
exercise, exchange or transfer of this Option, upon the request of the Holder
acknowledge in writing its continuing obligation to afford to the Holder any
rights (including, without limitation, any right to registration of the Shares)
to which the Holder shall continue to be entitled after such exercise or
exchange in accordance with the provisions of this Option. If the Holder of this
Option shall fail to make any such request, such failure shall not affect the
continuing obligation of the Company to afford to the Holder any such rights.

         3. DELIVERY OF STOCK CERTIFICATES, ETC., ON EXERCISE. As soon as
practicable after the exercise of this Option, in full or in part, and in any
event within ten business (10) days thereafter, the Company, at its expense,
(including the payment by it of any applicable issue taxes) will cause to be
issued in the name of and delivered to the Holder, a certificate or certificates
for the number of fully paid and nonassessable Shares to which the Holder shall
be entitled on such exercise. No fractional Share or scrip representing a
fraction of a Share will be issued on exercise, but the number of Shares
issuable shall be rounded to the nearest whole Share.

           4.        ADJUSTMENT FOR REORGANIZATION, CONSOLIDATION, MERGER, ETC.
                     ---------------------------------------------------------

         4.1 MERGER, ETC. If the Company shall (a) effect a reorganization, (b)
consolidate with or merge into any other person, or (c) transfer all or
substantially all of its properties or assets to any other person under any plan
or arrangement contemplating the dissolution of the Company (any such
transaction being hereinafter sometimes referred to as a "Reorganization") then,
in each such case, the Holder of this Option, on the exercise hereof as provided
in Section 2 at any time after the consummation or effective date of such
Reorganization (the "Effective Date"), shall receive, in lieu of the Shares
issuable on such exercise prior to such consummation or such effective date, the
stock and other securities and property (including cash) to which the Holder
would have been entitled upon such consummation or in connection with such
dissolution, as the case may be, if the Holder had so exercised this Option,
immediately prior thereto. The successor corporation in any such Reorganization
described in clause (b) or (c) above where the Company will not be the surviving
entity (the "Acquiring Company") must agree prior to such Reorganization in a
writing satisfactory in form and substance to the Holder that this Option shall
continue in full force and effect and the terms hereof shall be applicable to
the shares of stock and other securities and property receivable on exercise
after the consummation of such Reorganization, and shall be binding upon the
issuer of any such stock or other securities (including, in the case of any
transfer of properties or assets referred to above, the person acquiring all or
substantially all of the properties or assets of the Company). If the Acquiring
Company has not so agreed to continue this Option, then the Company shall give
30 days' prior written notice to the Holder of this Option of such
Reorganization, during which 30-day period (the "Notice Period") the Holder at
its option and upon written notice to the Company shall be able to (i) exercise
this Option or any part thereof at an exercise price (the "Discounted Exercise
Price") equal to the then prevailing purchase price hereunder discounted at the
Discount Rate (as used herein the "Discount Rate" shall mean the then prevailing
interest rate on U.S. Treasury Notes issued on (or immediately prior to) the

                                      -4-
<PAGE>

date of such 30-day notice and maturing on October 1, 2004 (or immediately prior
thereto), such rate to be compounded annually through October 1, 2004, and in no
event to be less than 10% annually); or (ii) on the Effective Date, the Holder
of this Option shall be paid an amount (the "Merger Profit Amount") equal to the
difference between the fair market value per share of Common Stock of the
Company being purchased by the Acquiring Company in the Reorganization and the
Discounted Exercise Price described in clause (i) above and the Option shall
simultaneously expire. The Merger Profit Amount shall be payable in the same
form as the common stockholders of the Company shall be paid by the Acquiring
Company for their shares of common stock of the Company. The fair market value
of any noncash property received from the Acquiring Company upon the
Reorganization shall be determined in good faith by the Board of Directors of
the Company, as approved by the Company's stockholders.

         4.2 DISSOLUTION. Except as otherwise expressly provided in Subsection
5.1, in the event of any dissolution of the Company following the transfer of
all or substantially all of its properties or assets, the Company, prior to such
dissolution, shall at its expense deliver or cause to be delivered the stock and
other securities and property (including cash, where applicable) receivable by
the Holder of this Option after the effective date of such dissolution pursuant
to this Section 4 to a bank or trust company having its principal office in New
York, New York, as trustee for the Holder of this Option.

         4.3 CONTINUATION OF TERMS. Except as otherwise expressly provided in
Subsection 4.1, upon any reorganization, consolidation, merger or transfer (and
any dissolution following any transfer) referred to in this Section 4, this
Option shall continue in full force and effect and the terms hereof shall be
applicable to the shares of stock and other securities and property receivable
on the exercise of this Option after the consummation of such reorganization,
consolidation or merger or the effective date of dissolution following any such
transfer, as the case may be, and shall be binding upon the issuer of any such
stock or other securities, including, in the case of any such transfer, the
person acquiring all or substantially all of the properties or assets of the
Company, whether or not such person shall have expressly assumed the terms of
this Option as provided in Section 4.1.

           5. NO IMPAIRMENT. The Company will not, by amendment of its
certificate of incorporation or through any reorganization, transfer of assets,
consolidation, merger, dissolution, issue or sale of securities or any other
voluntary action, avoid or seek to avoid the observance or performance of any of
the terms of this Option, but will, at all times, in good faith, assist in the
carrying out of all such terms and in the taking of all such action as may be
necessary or appropriate in order to protect the rights of the Holders of this
Option against dilution or other impairment. Without limiting the generality of
the foregoing, the Company (a) will not increase the par value of any shares of
stock receivable on the exercise of this Option above the amount payable
therefor on such exercise and (b) will at all times reserve and keep available
out of its authorized capital stock, solely for the purpose of issue upon
exercise of this Option as herein provided, such number of shares of Common
Stock as shall then be issuable upon exercise of this Option in full and shall
take all such action as may be necessary or appropriate in order that all shares
of Common Stock that shall be so issuable shall be duly and validly issued and
fully paid and nonassessable and free from all taxes, liens and charges with
respect to the issue thereof.

                                      -5-
<PAGE>

           6.        NO DILUTION.
                     -----------

         (a) In the event the Company shall pay a share dividend or other
distribution payable in shares of Common Stock, or the issued shares of Common
Stock shall be subdivided, combined or consolidated, by reclassification or
otherwise, into a greater or lesser number of shares of Common Stock, the
Purchase Price in effect immediately prior (and each Purchase Price in effect
subsequent) to such subdivision or combination shall, concurrently with the
effectiveness of such subdivision, combination or consolidation, be
proportionately adjusted. In the case of a share dividend or other distribution
payable in shares of Common Stock such adjustment shall occur as follows: the
Purchase Price that is then in effect (and in effect at any time thereafter)
shall be decreased or increased, as the case may be, as of the time of such
issuance, or in the event a record date is fixed, as of the close of business on
such record date, by multiplying or dividing the Purchase Price, as the case may
be, then (and therefore) in effect by a fraction (1) the numerator of which is
the total number of shares of issued Common Stock immediately prior to the time
of such issuance or the close of business on such record date, as the case may
be, and (2) the denominator of which is the total number of shares of issued
Common Stock immediately prior to the time of such issuance or the close of
business on such record date plus the number of shares of Common Stock issuable
in payment of such dividend or distribution; provided, however, that, if such
record date is fixed and such dividend is not fully paid or if such distribution
is not fully made on the date fixed therefor, the Purchase Price shall be
recomputed accordingly as of the close of business on such record date and
thereafter the Purchase Price shall be adjusted to reflect the actual payment of
such dividend or distribution.

         (b) Upon the occurrence of each adjustment of the Purchase Price
pursuant to this Section 6, the Company shall prepare a certificate setting
forth such adjustment and showing in detail the facts upon which such adjustment
is based.

         (c) The form of this Option need not be changed because of any change
in the Purchase Price pursuant to this Section 6 and any Option issued after
such change may state the same Purchase Price and the same number of shares of
Common Stock as are stated in this Option as initially issued. However, the
Company may at any time in its sole discretion (which shall be conclusive) make
any change in the form of this Option that it may deem appropriate and that does
not affect the substance thereof. Any Option thereafter issued or countersigned,
whether in exchange or substitution for an outstanding Option or otherwise, may
be in the form as so changed.

         (d) In case at any time after the date of this Option:

         (i) The Company shall declare a dividend (or any other distribution) on
its shares of Common Stock payable otherwise than in cash out of its earned
surplus; or

         (ii) The Company shall authorize any reclassification of the shares of
its Common Stock, or any consolidation or merger to which it is a party and for
which approval of any shareholders of the Company is required, or the sale or
transfer of all or substantially all of its assets or all or substantially all
of its issued and outstanding stock; or

                                      -6-
<PAGE>

         (iii) Events shall have occurred resulting in the voluntary and
involuntary dissolution, liquidation or winding up of the Company; then the
Company shall cause notice to be sent to the Holder at least twenty (20) days
prior (or ten (10) day prior in any case specified in clause (i) above, or on
the date of any case specified in clause (iii) above) to the applicable record
date hereinafter specified, a notice stating (1) the date on which a record is
to be taken or the purpose of such dividend, distribution or rights, or, if a
record is not to be taken, the date as of which the holders of shares of Common
Stock of record will be entitled to such dividend, distribution or rights are to
be determined or (2) the date on which such reclassification, consolidation,
merger, sale, transfer, initial public offering, dissolution, liquidation or
winding up is expected to become effective, and the date as of which it is
expected that holders of shares of Common Stock or record shall be entitled to
exchange their shares for securities or other property deliverable upon such
reclassification, consolidation, merger, sale transfer, dissolution, liquidation
or winding up. Failure to give any such notice of any defect therein shall not
affect the validity of the proceedings referred to in clauses (i), (ii) and
(iii) above.

           7. REPORTING REQUIREMENTS. The Company shall provide written notice
to Holder of any "Ineffective Period," as defined below, within two days of the
commencement of any Ineffective Period. "Ineffective Period" shall mean any
period of time after the effective date of a registration statement covering
this Option or the Shares during the term hereof that such registration
statement or any supplemental or amended registration statement becomes
ineffective or unavailable for use for the sale or resale, as applicable, of any
or all of the Shares for any reason (or in the event the prospectus is not
current and deliverable).

           8. REPLACEMENT OF OPTIONS. On receipt of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Option and, in the case of any such loss, theft or destruction of this
Option, on delivery of an indemnity agreement or security reasonably
satisfactory in form and amount to the Company or, in the case of any such
mutilation, on surrender and cancellation of this Option, the Company at its
expense will execute and deliver, in lieu thereof, a new Option of like tenor.

         9. EXPENSES. The Company agrees to pay any and all stamp, transfer and
other similar taxes payable or determined to be payable in connection with the
execution and delivery of this Option and the issuance of this Option.

           10. OPTION AGENT. The Company may, by written notice to the Holder of
this Option, appoint an agent having an office in New York, New York, or U.S.
Stock Transfer Corp. for the purpose of issuing Shares on the exercise of this
Options pursuant to Section 2, exchanging this Option pursuant to Section 6, and
replacing this Option pursuant to Section 8, or any of the foregoing, and
thereafter any such issuance, exchange or replacement, as the case may be, shall
be made at such office by such agent.

           11. REMEDIES. The Company stipulates that the remedies at law of the
Holder of this Option, in the event of any default or threatened default by the
Company in the performance of or compliance with any of the terms of this
Option, are not and will not be adequate, and that such terms may be
specifically enforced by a decree for the specific performance of any agreement
contained herein or by an injunction against a violation of any of the terms
hereof or otherwise.

                                      -7-
<PAGE>

         12. NEGOTIABILITY, ETC. This Option is issued upon the following terms,
to all of which the Holder or owner hereof, by the taking hereof, consents and
agrees:

         (a) title to this Option may be transferred by endorsement (by the
Holder executing the form of assignment at the end hereof) and delivery in the
same manner as in the case of a negotiable instrument transferable by
endorsement and delivery;

         (b) any person in possession of this Option, properly endorsed, is
authorized to represent himself as absolute owner hereof and is empowered to
transfer absolute title hereto by endorsement and delivery hereof to a bona fide
purchaser hereof for value; each prior taker or owner waives and renounces all
of his equities or rights in this Option in favor of each such bona fide
purchaser, and each such bona fide purchaser shall acquire absolute title hereto
and to all rights represented hereby; and

         (c) until this Option is transferred on the books of the Company, the
Company may treat the registered holder hereof as the absolute owner hereof for
all purposes, notwithstanding any notice to the contrary.

         13. NOTICE, ETC. All notices and other communications from the Company
to the Holder of this Option shall be mailed by first class registered or
certified airmail, postage prepaid, at such address as may have been furnished
to the Company in writing by the Holder.

           14. MISCELLANEOUS. This Option and any term hereof may be changed,
waived, discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is sought. This Option is being delivered in the State of New York and shall be
construed and enforced in accordance with and governed by its laws. The headings
in this Option are for purposes of reference only, and shall not limit or
otherwise affect any of the terms hereof. This Option is being executed as an
instrument under seal. All nouns and pronouns used herein shall be deemed to
refer to the masculine, feminine or neuter, as the identity of the person or
persons to whom reference is made herein may require.

         15. EXPIRATION. The right to exercise this Option shall expire at 5:00
P.M., New York time, on October 1, 2004.

Dated: October 1, 2001                      WESTERN MEDIA GROUP CORPORATION

                                            By:________________________
                                            Name:     Konrad S. Kim
                                            Title: President and Sole Director

<PAGE>

                                                                   ATTACHMENT A

                               NOTICE OF EXERCISE

(To be Executed by the Registered Holder in order to Exercise the Option)

           The undersigned holder hereby irrevocably elects to purchase ____
shares of Common Stock of Western Media Group Corporation (the "Company")
pursuant to the Common Stock Option void after October 1, 2004 issued by the
Company according to the conditions set forth in said warrant and as of the date
set forth below.*

Date of Exercise:

Number of Shares be Purchased: __________________________________________

Applicable Purchase Price:

Signature:
[Name]

Address:

* This original Option must accompany this Notice of Exercise.

                                      -8-
<PAGE>

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