EXHIBIT 1



                 SWISS ARCTIC TRADERS -- WORLDWIDE WEB DESIGNERS
                                    AGREEMENT

         Effective Date: May 8, 2001

         This Agreement is made between Swiss Arctic Traders Ltd., a Turks and
Caicos Island company ("Swiss Arctic"), and Worldwide Web Designers, Inc., a
Florida corporation ("WWW").

         In consideration for the recited promises and the actions to be taken,
the parties agree as follows:

1.       Swiss Arctic will enter into an Internet website service agreement with
         WWW by which WWW will provide maintenance services for the websites of
         Swiss Arctic's newly acquired subsidiaries, E-Pawn.co.uk, Plc. and
         Ubuynetwork.co.uk, Plc.

2.       WWW shall provide the general maintenance and hosting services for the
         websites which shall operate using software and designs licensed to
         Swiss Arctic for the Pawnshopauctionline.com, Swappage.com, and
         E-Pawnmall.com websites. Swiss Arctic shall pay or arrange for payment
         for the basic service in the amount of $2,000 per month payable in
         monthly. The agreement may provide for additional charges for costs
         outside the standard fees. The initial term shall be one year.

3.       Upon signing the service agreement and the payment of the initial
         monthly service fee, WWW shall release and transfer the 20% of the
         outstanding shares of Swiss Arctic which it holds pursuant to the
         transaction made on January 20, 2000 relating to the purchase of the
         shares of E-Pawn, Inc.

4.       In addition, WWW hereby consents to the assumption by Fortuna Holdings
         Limited of the $500,000 promissory note made by Swiss Arctic as part of
         the consideration for the sale of the E-Pawn, Inc. shares under the
         Agreement made on January 20, 2000. The assumption is made pursuant to
         that certain Assignment and Assumption agreement between Swiss Arctic
         and Fortuna Holdings Limited on even date herewith.

SWISS ARCTIC TRADER LTD.                     WORLDWIDE WEB DESIGNERS, INC.


By:                                          By:
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