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Letter

Entities:
Date:
2003
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4K
ID:
#292386

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INTERNAL REVENUE SERVICE                             DEPARTMENT OF THE TREASURY
DISTRICT DIRECTOR
G.P.O BOX 1680
BROOKLYN, NY 11202
                                               Employee Identification Number:
Date:      JAN 17 1995                                  11-2380136
                                               File Holder Number:
                                                        133001570
UNIVERSAL HOLDING CORP.                        Person to Contact:
    MOUNT EBO CORPORATE PARK                            DEBORAH ALPERT
C/O JEFFREY S. KAHN, ESQ.                      Contact Telephone Number:
KAHN, WAXMAN & TAUB, P.C.                               (516) 603-5385
60 EAST 42ND STREET-STE 2130                   Plan Names:
NEW YORK, NY  10165                              UNIVERSAL HOLDING CORP. 401(k)
                                                 SAVINGS PLAN
                                               Plan Number: 001



Dear Applicant:

           We have made a favorable determination on your plan, identified
above, based on the information supplied. Please keep this letter in your
permanent records.

           Continued qualification of the plan under its present form will
depend on its effect in operation. (See section 1.401-1(b)(3) of the Income Tax
Regulations.) We will review the status of the plan in operation periodically.

           The enclosed document explains the significance of this favorable
determination letter, points out some features that may affect the qualified
status of your employee retirement plan, and provides information on the
reporting requirements for your plan. It also describes some events that
automatically nullify it. It is very important that you read the publication.


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