Letter of Intent for Development of Hunan Province CATV Network Business - Hunan Provincial Broadcast and Television Media Co. Ltd. and Big Sky Network Canada Ltd.

                         TRANSLATION OF LETTER OF INTENT

             FOR DEVELOPMENT OF HUNAN PROVINCE CATV NETWORK BUSINESS

Hunan Provincial  Broadcast and Television  Media Co. Ltd.  (hereinafter " Party
A"), is developing and investing the construction and development of HFC network
within the cities and countries in the territory of Hunan Province.

Big Sky Network Canada Ltd. (hereinafter "Party B"), a company with the business
of IT project investment with office in Calgary, Alberta, Canada and register in
British  Virgin  Island,  is willing to cooperate with Party A in developing new
business on the Hunan  Provincial cable TV network  (hereinafter  HPCATV) in the
territory of Hunan Province. After exchange of information by both parties, both
mutually agree there will be a good  opportunity for cooperation and a potential
market for the business on the HPCATV network.

NOW,  THEREFORE,  Party  A and  Party  B  have  reached  an  agreement  for  the
cooperation intent and planned work schedule as follows:

         1. Party A and Party B hereby agree that jointly  developing  broadband
            high speed  internet  connection,  broadband data  transferring  and
            network  value added  service  through  HPCATV which  control  three
            million  cable TV  subscribers  by Party A. Party B will provide all
            investment  funds and technology  required by the project to develop
            business on the HPCATV network  (these funds and  technology  mainly
            are for the head end room  equipment,  two way upgrade from Notes to
            end-user  and the  equipment  for  end-user)  . Now Party A owns and
            controls  HFC network and related  hardware  and soft ware  platform
            which will be used the broadband service in the future. Party A will
            deliver  the  exclusive  operation  




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            right  of  its  current  network   facility  and  equipment  as  its
            contribution to JV.

         2. Party B will not share  any  current  interest  owned by Party A. JV
            project will not related with current business of television and the
            income from television program.

         3. The name of JV will be determined by both parties. Both parties will
            discuss  total  investment,   registration  capital,  and  ratio  of
            distribution  of net  profit.  Both  parties  agree that the term of
            contract  will be twenty  years  that will be  claimed  in the final
            contract.

         4. Both parties agree that official business negotiation will be called
            in city of Chungsha in next one month.

         5. This agreement is written both in the Chinese and English languages.
            Two copies of both versions shall be  respectively  provided to both
            parties.

         6. This agreement,  which may be executed in counterparts,  is executed
            as of the date below written by duly authorized  representatives  of
            Party A and Party B.


Party A: HUNAN PROVINCIAL TELEVISION                 PARTY B: BIG SKY NETWORK
TELEVISION AND BROADCAST MEDIA CO. LTD.                    CANADA LTD.


By:      /s/ ZHENG DE                                By:/s/ DONGHE XUE
         ------------                                   ------------------
Name: Zheng De                                       Name: Donghe Xue
Title:                                               Title: Vice President

Date:  November 8, 2000                              Date: November 8, 2000




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