Coal

On behalf of our client, we herewith have the pleasure to offer you as follow; Commodity: Coal in Bulk, ex. South Kalimantan, Indonesia. Quality/SpecificationTotal Caloric Value (ADB) : 6.500 Kcal/KGTotal Moisture (AR) : 12% max.Inherent Moisture (ADB) : 7% max.Ash Content (ADB) : 13% max.Volatile Matter (ADB) : 40.11% approx.Fixed Carbon (ADB) : Balance 40-44 (ADB)Total Sulphur (ADB) : 1% maxSize : 0-50 mm Delivery : In 2(two) shipments, each shipment 30.000 mt.Shipment : 45 days after receipt of the L/CPrice : US$ 24/mt FOB VesselLoading port : Taboneo, off shore Banjarmasin or Pemancingan, off shore Kota Baru.Loading/rate : 5000 mt pwwd SHINCDemorrage/despatch : USD 6,000.00/dayWeight/Analyse : By PT. Sucofindo and to be loading final and binding to both partiesTerm of Payment : By Irrevocable, transferable at sight 100% invoice value negotiable at any bank in Jakarta Note: 1. Temporarily as from April, we can only suply 60,000 mt/monthly.2. Starting on July, we can increase to 80.000 mt - 100.000 mt monthly3. Shipment will be on board vessel with 35.000 DWT.4. We can quote/offer on C&F basis subject: a. To ckarify the discharging port/country of destination b. L/C negotiation to be agreed negotiable at any bank at Jakarta upon completion of loading against the survey report of independent survey and related shipping document for the price of commodity and the ocean freight as well. c. The vessel to be arrange by buyers or by seller.5. Due to the unhappy experiences that we have for several times in receiving requirement on Coal from/for India, would you please kindly inform us who will issued the LC. Also, if it is possible and if this offer is acceptable, would you please kindly send us the Letter of Intent. Should you have any further question, please do not hesitate to contact us. Your acceptance and prompt response are depply appreciated. Thank you. Sincerely,P. Pietono Hadiwardoyo

On behalf of our client, we herewith have the pleasure to offer you as follow;

Commodity: Coal