Dear Mr x As you know, the UCI Management Committee had taken the decision, at the beginning of the year, to outsource the management of the 2006 UCI Mountain Bike World Cup to a jointventure between 23 Degrees Management S.L. and Gestev Inc. According to this engagement, it was expected that this joint-venture would raise the necessary (sponsor) revenues guarantees, in order to run the 2006 UCI Mountain Bike World Cup on a higher level. Despite a lot of effort and energy that was put into the project, the results are not sufficient in order to start-up the season as foreseen. Given these circumstances, we must also admit that the market does not show much interest nor excitement to this project. Therefore, we feel that we also should react according to this situation by organising a 2006 UCI Mountain Bike World Cup with a restricted number of legs and with almost no marketing obligations. You will be informed in more detail in due time. We wish you good receipt of this letter. This covers both DH, 4x and XC UCI..