Dear Sir,

　　A large increase in the volume of our trade has made necessary an increase in the membership of the firm and it is with much pleasure that we announce the admission of the Mr.Peter Tsang as a partner.

　　Mr.Tsang has been our head buyer for the past 8 years and is well acquainted with every aspect of the firm’s policy.His expert knowledge and wide experience will continue to be of great value to the firm.

　　The firm’s present name will remain unchanged and we shall continue to do business and to sign ourselves as:

　　Union Import & Export Co.,Ltd.

　　We look forward to continuing with you the happy business connection that has been so much to our mutual advantage in the past.?　　

　　Yours faithfully,