I hereby inform you that the Board of Directors of VBT Holdings, Ltd. a company listed on the Cayman Islands Stock Exchange, will meet November 28th, 2007 at 5:30 p.m. ET to discuss the following matter:

. To analise and purchase the entire share capital of Venecredit Securities, Inc.

(a Florida based broker dealer) from Escadia, N.V. (a Netherland Antilles

company)

Signed on behalf of the Board of Directors of

VBT Holdings, Ltd.:

Maria Elisa Vazquez