Freedom Financial Solutions International Terms and Conditions - Update April 2004

1. Freedom Financial Solutions International and Flexible Financial Freedom hereinafter referred to as the Company and the client hereinafter referred as the client.

2. These terms and conditions are an integral part of any agreement between the Company and the client and between the Company and any third party or parties entered into the agreement. By presentation of these terms and conditions by the

Company, the client certifies that he/they we accept and understand all provisions of any business conducted by/with the client and that these terms and conditions shall be in force during or after any business conducted by the Company and the client, be those private or commercial.

3. The Company offers a full refund of fees guarantee, providing the client has fully disclosed to the Company any possible credit problems that may affect any bank application. The client is required to fully disclose any court judgement or credit arrears that the Company may consider will adversely effect any application made to any bank on behalf of the client.

4. The Company will not under any circumstances refund fees on the basis of a cancellation of any transaction that the client chooses at his/her discretion.

5. The Company will only refund fees on the basis that having accepted the client's pre-paid fee, the Company is unable to provide the service promised and accepted by the client under the Companies standard terms and conditions contained herewith.

6. The Company provides its services on a 'best efforts' basis.

7. The Company will not be responsible or liable for any monies/funds/securities, purchases or advice or

recommendation made directly or indirectly to any client by any officer of the Company, either singly or jointly to/on behalf of its clients.

8. The referral by the Company to any Bank or financial institution of any kind does not carry any warrantee or guarantee of the financial stability of any bank or financial institution that the Company may introduce or recommend the client to, for the provision of banking/financial services. It is up to the client to due his/her due diligence on the bank or institution.

9. The Company does not accept any liability in the event of any financial failing or fraudulent activity or any dishonesty in any way by any bank/financial institution that the Company introduces the client to.

10. In the event of any bankruptcy or administration/receivership of any bank/financial institution that the Company have introduced the client to, that the client will deal directly with the Banks receivers or administrators, and will in no way contact the Company regarding the recovery of any funds due in any way to the client by the Bank. Failure by the client to adhere to this clause will make the client liable to legal action by the Company.

11. In the event of any successful application by the Company on behalf of the client to any Bank/financial institution, the clients agrees to operate the account his/herself and not under any circumstances request demand or order the

Company to handle or operate the clients bank account(s) on behalf of the client.

12. The Company will not under any circumstances provide any information on the client to any third party without the clients express permission.

13. The Company is not liable for any mistakes, delay non-payment by any bank/third party.

14. The Company reserves the right to terminate relations with the client if the Company receives any information forcing it to do so.

15. The Company reserves the right to alter or change these terms and conditions at any time without prior warning to the client.

16. The Company reserves the right to change or alter the pricing structure on any documentation or website without prior notice.

17. The Company and client agree that any and all disputes, including those involving any third party, will be settled by negotiation. If both/either all parties fail to reach an agreement, then the parties will appoint arbitrators in the country where the dispute originated. Such matters shall be final and exclusively settled by arbitration without recourse to law in any country or jurisdiction.

18. The Company will not be responsible or liable for any investments, securities or purchases or advice made directly or indirectly to/on behalf of its clients, singly or jointly, severally or corporately. Under no circumstances will the Company be responsible for the performance, recommendation, dishonesty or lack of performance, by any third party or introduction made by the Company. The client accepts that the Company acts and gives advice only in good faith.

19. The Company are not licensed deposit takers and do not or will not accept funds other than fees paid directly for the Companies services.

20. The Company accepts no liability for the client's statutory responsibility for any UK or offshore Company in any jurisdiction whatsoever.

21. The Company or its officers are not qualified or prepared to give taxation advice and recommend that clients obtain advice from a qualified professional account.

22. The company shall not commence the processing of any application for any of their services until payment has been made in full. This includes payments that are not made by way of cleared funds and the client agrees that they shall allow 5 working days for any cheque or money order payment to clear funds before the application process shall commence.