TERMINATION OF ESCROW AGREEMENT

THIS  AGREEMENT  is  dated  for  reference  the  19th  day  of  April,  2002

BETWEEN:

     WORLDBID  CORPORATION
     a  corporation  incorporated  pursuant  to  the laws of the state of Nevada

     (the  "Company")
                                                               OF THE FIRST PART

AND:

     CANE  &  COMPANY,  LLC
     2300  West  Sahara  Avenue,  Suite  500
     Las  Vegas,  Nevada  89102

     (the  "Escrow  Agent")
                                                              OF THE SECOND PART


WHEREAS:

A.     Pursuant  to an agreement dated February 2, 1999 as amended September 10,
1999  (the "Escrow Agreement") the Escrow Agent is holding certain shares of the
Company  (the  "Escrow  Shares"),  which were issued to Global Internet Holdings
Ltd.  (formerly  Databoat  International  Limited)  ("Global").

B.     Global  has  agreed to transfer the Escrow Shares to a group of investors
(the  "Purchasers").

C.     The Purchasers will be required under applicable securities laws, to hold
the  escrow  shares  acquired  from  Global  for  a period of time exceeding the
balance  of  the  time  that the shares are to be held in escrow pursuant to the
Escrow  Agreement.

D.     Global  has  consented to the termination of the Escrow Agreement, a copy
of  which  consent  is  attached  as  Schedule  "A"  hereto.

NOW  THEREFORE  THIS  AGREEMENT  WITNESSES  that, in consideration of the mutual
covenants  and  conditions  hereinafter  contained,  the parties hereto agree as
follows:

1.     The  Escrow  Agreement  is  hereby  terminated.



2.     Notwithstanding  the  termination  of  the Escrow Agreement the indemnity
provided  by the Company in paragraph 5.1 of the Escrow Agreement shall continue
in  force  and  effect.

3.     This  Agreement  shall  enure  to  the benefit of and be binding upon the
parties  hereto,  their  and  each  of  their  heirs, executors, administrators,
successors  and  permitted  assigns.

4.     This Agreement may be executed in several parts in the same form and such
part  as  so executed shall together constitute one original agreement, and such
parts,  if  more  than  one,  shall be read together and construed as if all the
signing  parties  hereto  had  executed  one  copy  of  this  Agreement.

IN  WITNESS  WHEREOF,  the parties hereto have executed this Agreement as of the
day  and  year  first  above  written.


WORLDBID  CORPORATION

Per: /s/ Logan Anderson
     ________________________
     Authorized  Signatory



CANE  &  COMPANY,  LLC

Per: /s/ Gary Henrie
     ________________________
     Authorized  Signatory




                                  Schedule "A"



                        GLOBAL INTERNET HOLDINGS LIMITED
                    (Formerly Databoat International Limited)



TO:          Cane  &  Company,  LLC

AND  TO:     Worldbid  Corporation


This  will  confirm  that the undersigned has no objection to the termination of
the  Escrow  Agreement  among  the undersigned, Cane & Company, LLC and Worldbid
Corporation  dated  February  16,  1999  and  amended  September  10,  1999.

Dated  this  19th day  of  April,  2002.

GLOBAL  INTERNET  HOLDINGS  LIMITED


per: /s/ Scott Wurtele
     ____________________________
     Authorized  Signatory