Fully conscious and clearly aware of what I am here doing, I hereby declare that...

As long as this life lasts:
I hereby take refuge in the Buddha.
I hereby take refuge in the Dhamma.
I hereby take refuge in the Sangha.

I hereby seek shelter in the Buddha for the 2nd time.
I hereby seek shelter in the Dhamma for the 2nd time.
I hereby seek shelter in the Sangha for the 2nd time.

I hereby request protection from the Buddha for the 3rd time.
I hereby request protection from the Dhamma for the 3rd time.
I hereby request protection from the Sangha for the 3rd time.

I hereby accept & undertake the training rule of avoiding all Killing.
I hereby accept & undertake the training rule of avoiding all Stealing.
I hereby accept & undertake the training rule of avoiding all Sexual Abuse.
I hereby accept & undertake the training rule of avoiding all Dishonesty.
I hereby accept & undertake the training rule of avoiding all Alcohol & Drugs.
As long as this life lasts...

From now on, I can hereby rightly consider myself to be a true Buddhist
with the Blessed Buddha as my Teacher!!!

On taking Refuge & accepting the 5 Precepts:
http://en.wikipedia.org/wiki/Refuge_(Buddhism)