JOINT FILING AGREEMENT
THIS AGREEMENT dated the 16th day of November, 2000.
WHEREAS:
A. Samuel Lee ("Mr. Lee") is the owner of all of the issued and
outstanding shares of Beaumont Capital Ltd. ("Beaumont"), which
beneficially owns 2,470,000 shares (the "Shares") of the common stock of
Euro Trade & Forfaiting, Inc. ("Euro Trade") and warrants to acquire a
further 2,470,000 shares;
B. Each of Beaumont and Mr. Lee (each a "Filer" and collectively, the
"Filers") is responsible for filing a Schedule 13D (the "Schedule 13D")
relating to the acquisition or disposition of the shares of common stock
of Euro Trade pursuant to U.S. securities laws.
NOW THEREFORE THE PARTIES AGREE AS FOLLOWS:
1. Each Filer covenants and agrees that it is individually eligible to
use the Schedule 13D which is to be filed;
2. Each Filer is individually responsible for the timely filing of any
amendments to the Schedule 13D, and for the completeness and
accuracy of the information concerning themselves, but is not
responsible for the completeness and accuracy of any of the
information contained in the Schedule 13D as to the other Filer,
unless such Filer knows or has reason to believe that the
information is inaccurate;
3. This Schedule 13D contains the required information with regard to
each Filer and indicates that it is filed on behalf of the Filers;
and
4. Each Filer agrees that the Schedule 13D to which this Joint Filing
Agreement is attached as Exhibit 1 is filed on its behalf.
IN WITNESS WHEREOF the parties have duly executed this Joint Filing
Agreement.
BEAUMONT CAPITAL LTD.
By: /s/ Samuel Lee /s/ Samuel Lee
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Samuel Lee, President Samuel Lee
