COTYBEAUTY
A Division of Coty

Mr Wolfgang Schwarz
CEO Look Models International Inc
Passauerplatz 1
1010 Wien
Austria

Paris, March 28, 2003

Dear Wolfgang,

     We are  pleased to  confirm  our will to  finalize  the  licence  agreement
between  Coty Beauty and Look  Models for the  development  of a fragrance  line
under the Pret-a-Porter brand endorsed by Look Models.

     The draft agreement you developed  together with our Eastern Europe team is
currently  being reviewed by our corporate  lawyer's head office.  We shall come
back to you next week with final details.

Best regards

/s/Massimillano Ferari
Massimillano Ferari
Marketing Director