Ms. Ida Ovies

We are aware that there are approximately forty days from the required filing date, and I have already begun communication with two potential successor firms, information which I have communicated to Ms. Ida Ovies, your Chief Financial Officer.We will make ourselves available to ensure a smooth transition in order to allow you to comply with all S.E.C. regulations and filings. I wish to emphasize that this decision is not based on any actions or information which we have obtained during the audit planning procedures and analytical tests that we have performed in order to prepare for this year s audit.In fact, we have received all information and have found satisfactory explanations for all matters which have come up during the course of our term of service.We wish to make it expressly known that there have been no technical disagreements or differences of opinion which in any way have caused us to resign. Ms. Ida Ovies has been informed of this decision and will prepare the necessary forms 8-K Disclosure for the S.E.C. of which this letter will become an attachment thereof.I again wish to emphasize it is with great deep regret which we are forced to take this action, and if we felt that there where any other alternative in order to make this transition a smoother one, we would certainly propose it. Please feel free to contact me at your earliest convenience for ways in which we may assist this process along and aid in your procurement of a new auditing firm for Value Holdings, Inc. Sincerely, CHADDERTON GULISANO AND COMPANY, P.A. Certified Public Accountants

Ida OviesChief Financial Officer

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Ida Ovies has been the Chief Financial Officer of VALUE HOLDINGS INC since 1994.Ms. Ovies received a BA in Accounting in 1979 , from the University of Puerto Rico in San Juan , Puerto Rico.Ms. Ovies also received a Master of Science and Taxation in 1983 from the Florida International University in Miami , Florida.Ms. Ovies is a licensed CPA and is a member of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants.Ms. Ovies has over twenty years of practice in both public and private accounting.