<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2314.1000" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#c0dcc0>
<DIV><FONT size=3>Dear Cesare,</FONT></DIV>
<DIV> </DIV>
<DIV>Thank <FONT size=3>for your respect!</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV>Massimo Fecchi</DIV></BODY></HTML>