STEAM COAL 6.300 - 6.100 KCal/ kg

Banjarmasin, April 01, 2009

Dear Sir,

I would like to inform you the following your demand of Indonesian Steam Coal as follows :

1. Commodity : Steam Coal in Bulk of Indonesian Origin

2. Quality : GCV (ADB) 6.300 reject 6.100 Kcal/ kg

3. Quantity : 40.000 Metric Tons +/- 10% of Coal delivered 1 shipment only

4. Period of Contract : 12 Months

5. Loading Port :
- PT. KPP/ HASNUR Port at Sei. Putting South Kalimantan

- PELINDO Banjarmasin Port at Sei. Barito South Kalimantan

6. Port Capacity : 300 feet (+/- 8.000 Metric Tons)

7. Loading Rate : min 8.000 Metric Tons / Day PWWD SHIC

8. Anchored Vessel : Tabunio Banjarmasin

E : 030 41 300

S : 1140 28 010

9. Price : $75 USD / metric tons

10. Payment System : FOBT MOTHER VESSEL at Tabunio Banjarmasin Anchorage point,

of South Kalimantan Coast of Indonesia

11. Payment : 100% Irrevocable Transferable confirmation Letter of Credit at Sight

12. Performance Bond : 2% from Prime Bank
13. Steam Coal Specification :
      TM (AR) : 14 - 16%
      IM (ADB) : 7 - 10% Approx
      ASH (ADB) : 12 - 14%
      VM (ADB) : 38 - 43%
      FC (ADB) : By Different
      TS (ADB) : 1% max
      GCV (ADB) : 6.300 rejected 6.100 KCal/ kg
      HGI : 45 - 48
      Size (0 - 50mm) : 80 - 90%

Slide 1

14. Determination of Quantity : The International Independent Surveyor appointed is SUCOFINDO or

GEOSERVICES

15 Delivery : Within 45 Days after receivcing the L/C

Should you have further question with regard to our offer, please do not hesitate to contact the undersigned.

Whilst waiting for your favorable reply, in the meantime we remain with the kind of regards.

Best Regards,

Mr. Muhammad Badaruddin Noor

Marketing Manager

on time

Ash Content:12 - 14%
Coal Calorific:6.300 - 6.100 KCal / Kg
Application:Steam Coal
Brand Name:CV. KALIMANTAN PERSADA
Place of Origin:Indonesia

Country:Indonesia
telephone:62-526-2022890

Delivery Time:	Within 45 Days after receivcing the L/C
Supply Ability:	40.000 Metric Ton per Month
Minimum Order Quantity:	20.000 Metric Ton
Payment Terms:	L/C
Port:	MOTHER VESSEL at Tabunio Banjarmasin Anchorage point, of South Kalimantan Coast of Indonesia
Fob Price:	US$75MOTHER VESSEL at Tabunio Banjarmasin Anchorage point, of South Kalimantan Coast of Indonesia

Ash Content:	12 - 14%
Coal Calorific:	6.300 - 6.100 KCal / Kg
Application:	Steam Coal
Brand Name:	CV. KALIMANTAN PERSADA
Place of Origin:	Indonesia

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CV. KALIMANTAN PERSADA

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