Indonesian Coal

Vice President-International Marketing

Carlo P. Arguelles

With best regards

Should you have any questions please call me at my cell phone or send me an email. We hope to have a smooth and mutually beneficial long term relationship with you and your company today and in the future.

I hope that the data above is sufficient for your firms needs.

Also the validity of this offer is good up to the end of October 2009.

Please note that all our coal comes from kalimantan Timur, Or East Kalimantan Indonesia.

(Settlement is done through an irrevocable L/C at a reputable international bank.)

Price  :   $ 75 FOB mother vessel ,  we can supply 1  x  65,000 mt vessel per month< mUara Berau anchorage Kaltim.

size   0 - 50mm  90%

hgi  45  - 60

s    1.8% - 2 %

ash  5  - 10

fc   b diff

vm  39  - 43

im   9- 12

tm  14 - 17 max

6.   GCV 7000 -  6700

Price  :  US$ 36 FOB mother vessel,  we can supply 4   x   50,000 mt vessel

size    0 - 50mm  90 %

ash  8  - 14

hgi  45 -  60

s   .08% max

fc   by diff

vm    40  -45

im  14  - 18

tm  32  -  37% max

5.  GCV  5500-  5300

Price:   US$  60 FOB mother vessel,   we can supply  4   x   50,000 mt vessel

size 0 - 50 mm 90 %

hgi  45-  60

ash  8  -  12

fc   by diff

s   1% max

vm  40-  45

im  14   to 18

tm  26   30 % max

4.   GCV  5800  -  5600 adb

Price :    US$ 62 FOB mother vessel, Muara Berau anchorage loading

quantity we can supply :   4   x   40,000 nt ,  or  3   x   50,000 mt per month vessel)

size   0 - 50 mm 90%

ash   3   -  8% max

hgi  45  -  60

s    1% max

fc    by diff

vm  40- 43

im  12 - 14

tm   20 - 23 % max.

3.  GCV  6200 -  6,000 adb

Price  :  US$  66 FOB mother vessel, Muara Berau kaltim, anchorage

quantity we can supply per month :  3   x   65,000 mt ,  or  3   x   50,000 mt vessel )

size   0 = 50 mm 90%

hgi  45  - 60

ash  5- 8% max

s   1 % max

fc   by diff

vm  40-- 43

im   10 - 14

tm  17- 19 max

2.   GCV  6300 - 6100 adb

Price :  US$  68 FOB mother vessel , Muara Berau kaltim, anchorage

quantity we can supply in 1 month:  2   x   65,000 mt (gearless panamax vessel max.)

size   0  - 50 mm 90%

hgi  45  - 60

ash   5 - 8%

s     1% max

fc   by diff

vm  39 to 43

im   9  - 12

tm  14 - 17 max

1.  GCV 6600=6450 adb

GCV stands for Gross calorific value.  Including prices.

Enclosed are the type of coal and prices from our firm.

We are a commodities trader in Asia specializing in trading and supplying coal to institutional buyers. Our management internally brings a combined exposure of 10 years in coal distribution.                   

Dear Sir

Steam Coal, Coking coal