VENTURE  LAW  CORPORATION
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Suite  618  -  688  West  Hastings  Street
Vancouver,  British  Columbia,  V6B  1P1
Telephone:  (604)  659-9188
Facsimile:  (604)  659-9178
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                                                                   July 16, 2003



Meridian  Co.,  Ltd.
4F,  Heungseong  Bldg.,  197-3
Jamsilbon-Dong,  Songpa-Gu
Seoul,  Korea

Dear  Sirs/Mesdames:

     RE:  MERIDIAN  CO.,  LTD.  REGISTRATION  STATEMENT  ON  FORM  S-8
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     We  have  acted as Canadian counsel to Meridan Co., Ltd. (the "Company") in
connection  with the issue by the Company of 1,968,901 shares of common stock of
the  Company  (the  "Shares") to be issued pursuant to three separate consulting
agreements  with Mr. Seok Woo Lee, Ms. Hye Kyung Choi, and Ms. Hye Kyong Jo (the
"Agreements") all of which are attached as exhibits to the Form S-8 Registration
Statement  provided.

     We  have examined originals or copies, certified or otherwise identified to
our  satisfaction, of the Memorandum and Articles of the Company and resolutions
of  the directors of the Company with respect to the matters referred to herein.
We  have  also  examined  such certificates of public officials, officers of the
Company,  corporate records and other documents as we have deemed necessary as a
basis  for the opinion expressed below. In our examination of such documents, we
have  assumed  the  authenticity  of  all documents submitted to us as certified
copies  or  facsimiles  thereof. We have also relied upon the resolutions of the
board  of  directors  of  the  Company  as  to the adequacy of the consideration
received  by  the  Company  for  the  issue  of  the  Shares.

     Based  upon  the  foregoing, and assuming that the Shares will be issued as
set  forth  in  the Agreements, at a time when effective, and that there will be
full  compliance  with  all  applicable  securities  laws  involved  under  the
Securities  Act  of  1933,  as  amended, the Securities Exchange Act of 1934, as
amended, and the rules and regulations promulgated pursuant to said Acts, and in
those  states  in which the Shares may be sold, we are of the opinion that, upon
issuance  of  the  Shares  according  to the Form S-8 Registration Statement and
receipt  of  the  consideration  to  be  paid for the Shares, the Shares will be
validly  issued,  fully  paid  and  non-assessable  shares in the capital of the
Company.


     Consent  is  hereby  given  to  the  use  of  our  name in the Registration
Statement  and  to  the  filing,  as  an  exhibit  to  the Form S-8 Registration
Statement, of this opinion. In giving such consent, we do not admit that we come
within  the category of persons whose consent is required under Section 7 of the
Act.


Yours  truly,

/s/  Venture  Law  Corporation
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