We should emphasise at this point that the use of the tel/fax/mail forwarding services is entirely optional, i.e. additional, and not obligatory for the clients of LAVECO LTD. The service is available both to new clients of the Company and to those who acquired their company at an earlier date.

Expenses incurred when using the tel/fax/mail forwarding services can be divided into two groups:

Fixed expenses: these include the fees charged by LAVECO LTD. for the provision of a postal address/telephone/fax for the client. The amount of this fixed fee is laid down in the order form for the tel/fax/mail forwarding services, and is payable at regular intervals determined in the form (annually or half-yearly). The amount is fixed and independent of the actual use of the service by the client.

Working expenses: these include expenses incurred during the forwarding or transmitting of correspondence and information (postal expenses, telephone and fax charges).