Mr. David Braverman
Partner
Braverman - Zohar Diamond Cutters and Traders

Dear Mr. Braverman:

I am pleased to inform you that your company was elected a member of
this board of trade at a regular meeting of the board of directors
held in Providence, Rhode Island, on 9/17/97.

Your certificate of membership is enclosed.

This is a cooperative association, and I trust you will use our
services freely to obtain the full benefit of your membership.

Yours Truly,

THE JEWELERS BOARD OF TRADE