a. STEDER GROUP USA, INC., a non-vessel operating common carrier,
   has posted a Surety Bond in the amount of $75,000.00 with the
   Federal Maritime Commission as required under the Shipping Act
   of 1984, as amended. The Surety Bond, issued by the Company named
   below, guarantees the payment of any judgment for damages arising
   from the Carrier's transportation related activities and any order
   for reparations or penalties assessed under the Shipping Act of
   1984, as amended.
   
     BOND No.:  803384
     ISSUED BY: Hudson Insurance Company
                1035 Greenwood Blvd., Suite 235
                Lake Mary, FL 32746 U.S.A.
   
b. STEDER GROUP USA, INC. is domiciled in the United States, and
   incorporated under the laws of the State of Texas, and therefore,
   the appointment of a Resident Agent is not required by law or
   regulation.