<TABLE cellSpacing=0 cellPadding=1 width=686 align=center bgColor=#ffffff border=0><TBODY><TR><TD align=middle>
If you are unable to see this email,
.</TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=1 width=638 align=center bgColor=#000000 border=0><TBODY><TR><TD width=638 bgColor=#000000><TABLE cellSpacing=0 cellPadding=18 width=636 bgColor=#ffffff border=0><TBODY><TR><TD width=636 bgColor=#ffffff><TABLE cellSpacing=0 cellPadding=0 width=600 border=0><TBODY><TR><TD vAlign=top width=203 bgColor=#d1d3d4><TABLE cellSpacing=0 cellPadding=0 width=203 bgColor=#d1d3d4 border=0><TBODY><TR><TD vAlign=top width=203 bgColor=#d1d3d4 colSpan=3>

</TD></TR><TR><TD vAlign=top width=10 bgColor=#d1d3d4>

</TD><TD vAlign=top width=183 bgColor=#d1d3d4>
Holt Renfrew Exclusive
2007 Holiday Offer!
Our most fashionable holiday offer ever, the Holt Renfrew limited-edition tote bag*, in a unique quilted black patent fabric, offers sleek and spacious storage, a zip-top closure and even comes with a matching makeup case! It's yours for $25 with any minimum $50 cosmetic, fragrance or skincare purchase.
*One bag per customer please,
while quantities last.
</TD><TD vAlign=top width=10 bgColor=#d1d3d4>

</TD></TR></TBODY></TABLE></TD><TD vAlign=top width=397 bgColor=#555555>

</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>