GLEN INVESTMENTS LTD 35/39 Maxwell Chambers Colombiere St. Helier, Jersey, CI July 15, 1999 Bioenvision Inc. Trafalgar House 11 Waterloo Place London, SWIY 4AU Dear Sirs As per our previous agreement we hereby confirm that we are willing to continue...

XXXX INVESTMENTS LTD
35/39 Xxxxxxx Xxxxxxxx
Colombiere
St. Helier, Jersey, CI

July 15, 1999

Bioenvision Inc.
Trafalgar House
00 Xxxxxxxx Xxxxx
Xxxxxx, XXXX 0XX

Dear Sirs

As per our previous agreement we hereby confirm that we are willing to continue
loaning funds to Bioenvision Inc on an agreed budget basis.

Yours sincerely,



For and on Behalf of Xxxx Investments