June 15, 2005

Dr. Sándor Kürti
KÜRT Rt.
Péterhegyi út 98
H–1112 Budapest

Dear Dr. Kurti:
Congratulations on being recognized as the 2005 Ernst and Young Entrepreneur of the Year in Hungary. This highly regarded and much coveted award, granted by a pre-eminent international accounting firm, is evidence that your hard work is recognized both within and outside of Hungary.

Your achievements are a role model for generations of Hungarians. Your integrity, talent and entrepreneurial spirit set a benchmark of excellence for us as well as in the global business community.

Thank you for your consistent support of AHEC’s members and friends. On behalf of them, we wish you continued success and happiness.

Very truly yours,

Michael R. Geroe, Laszlo Horvath, Arpad G. Toth
Board of Directors