EXHIBIT 10.1

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                                                                    EXHIBIT 10.1


                                                          HUGO INTERNATIONAL LTD
                                                               0 XXXXXXXXX XXXXX
                                                           XXXXXXX BUSINESS PARK
                                                                         XXXXXXX
                                                                          SLOUGH
                                                               BERKSHIRE SL3 6EZ

                                                         Tel x00 (0) 0000 000000
                                                         Fax x00 (0) 0000 000000

                                                  E-mail xxxx_xxx@xxxxxxxxxx.xxx


26 June 2000

Xxxxx Xxxxx
Xxxx International Ltd.
0 Xxxxxxxxx Xxxxx
Xxxxxxx Xxxxxxxx Xxxx
Xxxxxx
XX0 0XX


Dear Xxxxx:

This letter is to record the terms on which a loan has been made by you to Hugo
International Limited. The loan is and does not have a term but the Company
acknowledges that you may recall it in on 28 days notice.

Interest is payable on an annual basis at the rate of 11% per annum. Security is
not required.

Yours sincerely,


Xxxx Xxxxxxxxx
Director






                                               Registered in England No. 2757258
                                                             VAT No. 606 0218 83



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