Milestone Scientific Inc. Watch

from 10-K 1 page Line of Credit for $1,300,000

from 10-K 1 page Line of Credit for $1,000,000

from S-3 1 page [ ], 2003 [Address] Re: Milestone Scientific Inc ("Milestone") Dear [ ]: This Will Confirm That Milestone Has Agreed to Issue to You and That You Have Agreed to Accept From Milestone [ ] Shares of Common Stock in Payment of $[ ], as Consideration for Services Rendered to Milestone. by Signing This Letter, You Confirm That (I) You Are an "Accredited Investor" Within the Meaning of Rule 215 of the Rules and Regulations Under the Securities Act, and (II) You Have Acquired the Shares for Investment and Acknowledge That the Shares Cannot Be Resold or Otherwise Disposed of Until They Are Registered Under the Securities Act and Any Applicable State Securities Laws or an Exemption From Registration Is Available. Since the Shares Will Not Be Registered at the Time of Issuance, the Certificates Representing the Shares Delivered to You Will Bear the Following Legend: The Shares Represented by This Certificate Have Not Been Registered Under the Securities Act of 1933, as Amended (The "Act"), and May Not Be Sold, Transferred, Hypothecated or Assigned Except Pursuant to an Effective Registration Statement Under the Act or in a Transaction Which Is Exempt From Registration Under the Act. Please Acknowledge Your Agreement and Understanding of the Above Provisions by Signing and Dating a Copy of This Letter and Returning It to US by Facsimile and Mail. the Shares Will Be Delivered to You Promptly After Receipt of Your Acknowledgement. Very Truly Yours, Milestone Scientific Inc. By: Chief Financial Officer Accepted and Agreed to This Day of , 2003 - [ ] By: [ ]

from S-2/A 1 page Material contract

from S-2/A 1 page Material contract

from S-2/A 1 page <page> Leonard Osser 110 E. 71st Street New York, Ny 10021 April 15, 2003 Milestone Scientific Inc. 220 South Orange Avenue Livingston, Nj 07039 Attn: Thomas Stuckey-Chief Financial Officer Re: Milestone Scientific Inc. Deferral of Payment of $32,000 Dear Sirs: Please Be Advised That I Hereby Agree to Defer Until January 2, 2005 the Payment of Principal and Any Interest on a $32,000 Loan I Have Made to Milestone Scientific Inc. in January 2003. Very Truly Yours, /S/ Leonard Osser

from 10QSB 1 page Material contract

from 10KSB 1 page Line of Credit Agreement

from 10KSB 1 page Amendment to Line of Credit Agreement

from 10KSB40 ~10 pages Line of Credit Agreement

from S-3/A ~10 pages Purchase and Line of Credit Agreement

from S-3/A ~10 pages Purchase and Line of Credit Agreement