1) We want you to integrate the PHP Link directory into our Wordpress Design Theme PHOTOLUX
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2) customize the look oft he PHP link directory to make it look like the attached PSD Layout
3) integrate a banner rotation Wordpress Plugin so we can manage the banner spaces see PSD layout right sidebar. For this purpose we found WP BANNERIZE but if you have a better solution. Please let us know
NOTE: you would have to make all changes on your own demo server and once everything is perfect and we did test your work. Only then we are giving access to our server in order to upload the changes.