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Re: 4Godnwv post# 18823

Wednesday, 12/06/2006 10:08:43 PM

Wednesday, December 06, 2006 10:08:43 PM

Post# of 114953
P D R

e-receipt: aaaa-1001

THIS P D R,
IS A DOLLAR-DENOMINATED NEGOTIABLE CERTIFICATE,

ISSUED ELECTRONICALLY BY

FUNDACION PAYPRO
LEGALLY AUTHORIZED BY LAW 25 OF THE 25th JUNE 1995
OF THE REPUBLIC OF PANAMA,
TO ACT AS A DEPOSITORY FOR ANY TYPE OF REAL OR FINANCIAL ASSET
AND TO HOLD SUCH ASSETS IN SAFEKEEPING
ON BEHALF OF AND FOR THE BENEFIT OF ITS BENEFICIARIES WHICH MAY BE LEGAL ENTITIES OR NATURAL PERSONS OF GOOD STANDING.

THIS P D R HEREBY CERTIFIES THAT

JUAN VALDEZ SANTANA

IS THE BENEFICIAL OWNER OF



1 (ONE) MicroForest

Comprising 1,000 (One Thousand) Square Meters of
Refugio Privado de Vida Silvestre Corobici
Cañas, Guanacaste, Costa Rica.

BENEFICIAL OWNERSHIP OF THIS P D R IS NEGOTIABLE
AND MAY BE TRANSFERRED AT ITS CURRENT VALUE
TO A THIRD PARTY THROUGH FUNDACION PAYPRO
OR A DESIGNATED AGENT.

e-receipt: aaaa-1001

Issued in the Republic of Panama, 27 November 2006.




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