Number                                                               Shares

          Incorporated under the laws of the state of Delaware


                ALDERWOOD ACQUISITION CORPORATION


                Authorized to issue 120,000,000 shares

100,000,000 common shares                       20,000,000 preferred shares
par value $.0001 each                                par value $.0001 each


This certifies that
_______________________________ is the owner of

_____________________ fully paid and non-assessable Shares  of the

Common Shares of ALDERWOOD ACQUISITION CORPORATION

transferrable only on the books of the Corporation by the holder hereof
in person or by duly authorized Attorney upon surrender of this
Certificate properly endorsed.

     IN WITNESS WHEREOF, the said Corporation has caused this
Certificate to be signed by its duly authorized officers and to be
sealed with the Seal of the Corporation

 this ________ day of ____________A.D. _____

                                    _____________________________________
                                             President
                      [SEAL]



        (Reverse side of stock certificate)

     The following abbreviations, when used in the inscription on the face
of this certificate, shall be construed as though they were written out in
full according to applicable laws or regulations.  Additional abbreviations
may also be used though not in the list.

     TEN COM       --as tenants in common
     TEN ENT       --as tenants by the entireties
     JT TEN        --as joint tenants with right of  survivorship and not
                        as tenants in common
   UNIF GIFT MIN ACT    -- ____________Custodian
                           ____________(Minor) under Uniform Gifts to
                                                 Minors Act
                           ____________(State)

 For value received, the undersigned hereby sells, assigns and transfers
unto _____________________________ (please insert social security or other
identifying number of assignee)

__________________________


_______________________________________________________________
(please print or typewrite name and address of
assignee)

_____________________________ Shares represented by the within Certificate,
and hereby irrevocably constitutes and appoints ____________________
Attorney to transfer the said shares on the books of the within-named
Corporation with full power of substitution in the premises.

               Dated, _______________________________

                     ___________________________________

In presence of    _______________________________________


NOTICE:  The signature to this assignment must correspond with the name as
written upon the face of the certificate in every particular without
alteration or enlargement, or any change whatever.