<SEQUENCE>5

<FILENAME>pihex99.txt

<DESCRIPTION>CONSULTANT COMPENSATION AGREEMENT

<TEXT>







                  CONSULTANT COMPENSATION AGREEMENT



               THIS CONSULTANT COMPENSATION AGREEMENT (the "Plan") is made

this 26th day of June, 2001, among Pacific International Holding, Inc., a

Utah corporation ("Pacific"); and the following individuals who have

executed and delivered this Plan by the execution and delivery of the

Counterpart Signature Pages which are designated as Exhibits "A" through

"D" hereof: Cox Lee; Huang Keng Chit, Edward Dong; and Justeene Blankenship

(collectively, the "Consultants").



               WHEREAS, the Board of Directors of Pacific has adopted a

written compensation agreement for compensation of four individual

Consultants who are natural persons; and



               WHEREAS, Pacific has engaged the Consultants to provide

services at the request of and subject to the satisfaction of its

management; and



               WHEREAS, the Consultants have provided services at the

request and subject to the approval of the management of Pacific; and



               WHEREAS, a general description of the nature of the services

performed and to be performed by the Consultants and the maximum value of

such services under this Plan are listed in the Counterpart Signature Pages

and exhibits thereto; and



               WHEREAS, Pacific and the Consultants intend that this Plan

and the services performed hereunder shall be made, requested and performed

in such a manner that this Plan shall be a "written compensation agreement"

as defined in Rule 405 of the Securities and Exchange Commission

("Commission") pursuant to which Pacific may issue "freely tradeable"

shares (except as may be limited by "affiliate" status) of its common stock

as payment for services rendered pursuant to an S-8 Registration Statement

to be filed with the Commission by Pacific;



               NOW, THEREFORE, in consideration of the mutual covenants and

promises contained herein, it is agreed:



                           Section 1



                       Compensation Plan



          1.1  Employment.  Pacific hereby employs the Consultants and the

consultants hereby accept such employment, and have and will perform the

services requested by management of Pacific to its satisfaction during the

term hereof.  The services performed by the Consultants hereunder have been

and will be personally rendered by the Consultants, and no one acting for

or on behalf of the Consultants, except those persons normally employed by

the consultants in rendering services to others, such as secretaries,

bookkeepers and the like.



          1.2  Independent Contractors.  Regardless of the Consultants'

status as "employees" under Rule 405 of the Commission, all services

rendered by the Consultants hereunder have been rendered as independent

contractors, and the Consultants shall be liable for any FICA taxes,

withholding or other similar taxes or charges, and the Consultants shall

indemnify and hold Pacific harmless therefrom; it is understood and agreed

that the value of all such items has been taken into account by the

Consultants in computing the billable rate for the services the Consultants

have rendered and agreed to render to Pacific.



          1.3  Term.  All services performed at the request of Pacific by

the Consultants have either been performed and completed, or shall be

performed within one year from the date hereof, at which time this Plan

shall terminate, unless extended by written agreement of Pacific and the

Consultants for one additional year.  If the Plan shall terminate, and

options for unearned shares have been exercised and said shares issued to

either consultant pursuant to this Plan, said shares shall be returned by

Consultant(s) and canceled by Pacific within ten days of said termination.



          1.4  Payment.  Pacific and the Consultants agree that Pacific

shall pay the invoices of the Consultants for the services performed under

this Plan by the issuance of shares of its common stock at a price of $.05

per share; provided, however, such shares of common stock shall be issued

pursuant to and shall be subject to the filing and effectiveness of a

Registration Statement on Form S-8 covering such shares with the

Commission.



          1.5  Invoices for Services. Each of the Consultants shall provide

Pacific with written invoices detailing the services duly performed and/or

the retainer or flat fee for such services.  Such invoices shall be paid by

Pacific in accordance with Section 1.4 above, subject to the satisfaction

of the management of Pacific that the services have been performed, and to

the extent performed, that the performance was in a satisfactory manner.

The submission of an invoice for the services performed by each of the

Consultants shall be deemed to be a subscription by the respective

Consultants to purchase shares of common stock of Pacific at the price

outlined in Section 1.4 above, subject only to the filing and effectiveness

of a Registration Statement on Form S-8 covering such shares with the

Commission.

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