Palm Crude Oil

Dear Sirs,
Palm Oil Purchase Order
We hereby state and represent that it is our intention to purchase, and we hereby confirm that we are ready, willing and able to purchase, the following commodity as per the specification and in the quantity, quality and for the price as specified in the terms and conditions as stated below:

1. Commodity : PALM OIL (non refined)
2. Total quantity : 150,000.00 MT
3. Monthly Shipping : 12,500.00 MT
4. Origin : MALAYSIA OR INDONESIAN
5. Loading port : As per seller's option
6. Delivery port : Italy port/European PORT
7. Delivery Terms : CIF
8. Delivery time : 25 days after receipt and confirmation of an operative financial
instrument.
9. Payment Terms : Irrevocable, Revolving, Non-Transferable Letter of Credit for one
shipment value issued/confirmed by a Primary European Bank.
10. Performance Bond : 2%.
11. Packing: Steel Drums (190kg), Flexi tanks, Bulk Vessels
12. Inspection : Quality, Quantity, Weight by SGS at seller's cost at loading port.

13. Crude Palm Oil (CPO) Specifications:
Free Fatty Acid (as palmitic) : 5% Max
Moisture & Impurities : 0.50% Max
Iodine Value (Wigs method) : 51.0 Min
Cloud Point (Celsius) : 3.5 R - 3.5 Y
Melting Point (Celsius) : 45.0 - 50.0 Max

Warmest Regards,
Sobhi Abdin
Slash Group
Mobile:+ 2012 741 0146
Tel & Fax: +202 3587 1635
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We need 150 000 Mt of Crude Oil annual contract