Freeman Spogli & Co.

September 29, 2000

To: ICANN

Dear Sir/Madam:

We are writing to endorse the application for a new Internet Top Level Domain (“TLD”) being submitted by WebVision, Inc. and Group One Registry. Having knowledge of Web Vision's business model and their Private Placement Memorandum ("PPM") proposal, we believe it is a sound, well-considered proposal which would be of substantial benefit to the Inte11lational Internet community and could stimulate the growth of services available on the Internet. As active and substantial investors in WebVision, Inc. we believe Web Vision, Inc. has the necessary infrastructure and experience in place to manage and deliver quality service for ongoing maintenance of the Registry support.

Freeman Spogli & Co. LLC is a privately-owned investment firm, dedicated exclusively to investing and partnering with management in companies positioned for growth. Established in 1983, the Firm has a professional staff of 15 individuals with offices in Los Angeles and New York. Over the past 17 years, Freeman Spogli & Co. LLC has invested approximately $1.7 billion in 32 portfolio companies with aggregate transactions value in excess of $11 billion.

In the event the WebVision, Inc. and Group One Registry application is approved by ICANN, and the new entity is granted the Registry Authority, SCP will seriously consider an equity investment in this new entity of up to US $5 million (five million US Dollars) which will be subject to the completion of due diligence and our Investment Committee's approval. We will be happy to work with ICANN and its representatives during the application process to help make the WebVision, Inc. and Group One Registry proposal a success and also answer any questions regarding our involvement in the Registry going forward.

Very truly yours,
Freeman Spogli & Co. LLC

(Signed)

Mark J. Doran
Managing Member

599 Lexington Avenue, 18th Floor, New York, New York 10022 (212) 758-2555