Conversion Solutions Holdings (fka CSHD)

[Dem Franchise Boyz]

23-Aug-2006

Entry into a Material Definitive Agreement



Item 1.01 Entry into a Material Definitive Agreement
Effective August 18, 2006, Conversion Solutions Holdings Corp. has entered into a Global Funding Agreement
# 252455779-08122006-LBH with the Humanitarian & Scientific World Foundation, LTD., a Georgia LTD Foundation.

The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.

The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).

The bond is loaded in the systems with the following codes:


Lehman Brothers Holdings PLC 6 1/8 A+

Common Code: 010924251

ISIN: XS0109242510

BB Number: EC2377199
Effective August 22, 2006, Conversion Solutions Holdings Corp. and the Humanitarian & Scientific World Foundation, LTD., a Georgia LTD Foundation increased the Deposit under Global Funding Agreement # 252455779-08122006-LBH with the addition of the following Bonds;


Republic of Finland

$749,000,000 Million Euro

6 % coupon
The bond is loaded in the systems with the following codes:

Republic of Finland 6 AAA Common Code: 001004558
ISIN: FI 0001004558