0001035704-03-000771 Sample Contracts

STOCK PURCHASE WARRANT To Purchase 600,000 Shares of Common Stock of LJ INTERNATIONAL INC.
Lj International Inc • November 7th, 2003 • Jewelry, precious metal

THIS CERTIFIES that, for value received, Solo Argento Inc. (the “Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, at any time on or after July 1, 2003 (the “Initial Exercise Date”) and on or prior to the close of business on March 31, 2004 (the “Termination Date”) but not thereafter, to subscribe for and purchase from LJ International Inc., a company duly incorporated and validly existing under the laws of the British Virgin Islands (the “Company”), up to Six Hundred Thousand (600,000) shares (the “Warrant Shares”) of common stock, $0.01 par value, of the Company (the “Common Stock”). The purchase price of one share of Common Stock (the “Exercise Price”) under this Warrant shall be $2.00 per Warrant Share. The Exercise Price and the number of shares for which the Warrant is exercisable shall be subject to adjustment as provided herein.

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Strategic Advisory Services Agreement
Advisory Services Agreement • November 7th, 2003 • Lj International Inc • Jewelry, precious metal • California

THIS AGREEMENT made in duplicate this 1st day of July 2003, between Solo Argento Inc., a BVI company (the “Consultant”) and LJ International Inc., a BVI Company (the “Client”).

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