EXHIBIT 10.32 LETTER OF AGREEMENT 12th November 2002 It is hereby agreed that the words "change of chief executive officer" be deleted from clause 7 of the agreement between Usborne and EDC dated 25th November 1998. Except as amended by this...

                                                                   EXHIBIT 10.32

                               LETTER OF AGREEMENT

12th November 2002

It is hereby agreed that the words "change of chief executive officer" be
deleted from clause 7 of the agreement between Usborne and EDC dated 25th
November 1998.

Except as amended by this agreement, clause 7 remains in full force and effect
in accordance with its terms as originally executed.

Signed /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇
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▇▇▇▇▇▇▇ ▇▇▇▇▇ for EDC

Signed /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇
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▇▇▇▇▇ ▇▇▇▇▇▇▇ for Usborne Publishing Ltd.