Italy, 24 January 2005

Avatar S.p.A. company finances the purchase, only from private persons, at the cost of the invested capital and for any sum, of Argentinean bonds issued beginning from 2002, bonds of the Cirio group issued beginning from 2003 and bonds of the Parmalat group issued in 2004.

Who is interested in selling such bonds can send full name, address and phone number, and the data about the bonds owned, through post to Avatar S.p.A. – Via Marconi 10 – 42049 Sant’Ilario d’Enza (RE) - Italy, via fax at +39 0522 470528 or by e-mail at avatar@holosbank.com.

Please spread.

Avatar S.p.A. – Via Marconi, 10 – 42049 Sant’Ilario d’Enza (RE) – Tel. +39 0522 470500 – Fax +39 0522 470528

Registro imprese RE- 09893890153 – Capitale deliberato euro 200,05 miliardi, sottoscritto e versato euro 199 miliardi

http://www.avatarspa.com – http://www.unigov.org – avatar@holosbank.com