PACIFIC PARAGON INVESTMENT FUND LTD.

PACIFIC PARAGON INVESTMENT FUND LTD.

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January 1, 2001

Pacific Stratus Ventures Ltd.

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Dear Sirs:

Re: ADMINISTRATIVE SERVICES AGREEMENT DATED 1^ST DAY OF NOVEMBER 1997

Please let this letter serve as a Letter of Agreement that effective January 1^st, 2001 the parties hereby agree that the monthly remuneration will be increased to THREE THOUSAND AND FIVE HUNDRED ($3,500) per month plus applicable Goods and Services tax.

All other clauses in the Administrative Services Agreement dated 1^st day of November 1997 will remain in full force and effect.

Yours truly,

PACIFIC PARAGON INVESTMENT FUND LTD.

Per: /s/ "Xxxxx Xxxx"

Xxxxx Xxxx

President

Accepted this 1^st day of January 2001 by:

PACIFIC STRATUS VENTURES LTD.

/s/ "Xxxxx Xxxx"	/s/ "Xxxxx Xxxx"
Director	Director