USED RAIL

Thanks

-The Seller helps buyer to charters the carrying vessel and furnish details.

-Within seven (7) days, the Seller issues Performance Bond being 2% of the total shipment value to validate Buyers instrument.

-Buyer Issues 90% SBLC or BG against complete shipping documents.

-Buyer send 10% cash wire transfer to the seller prier commencement of materials processing and give Seller complete delivery Schedule.

-Buyer signs confirm and returns the Contract to the Seller, both parties agree and are binding upon.

-Seller issues the signed Sales and Purchase Contract.

-Seller issue soft offer

--Buyer issue loi

PROCEEDURE:

- SPECIAL CONDITIONS :BUYER WILL ALLOW THE SELLER TO USED A FUDUCIARY AGENT ACCOUNT DETAILS TO RECEIVE PAYMENT BECAUSE OF TAX EMPATIONS.

- PAYMENT TERMS :10% CASH WIRE TRANSFER IN ADVANCE AFTER CONTRACT SIGNING & 90% AGAINST COMPLETE SET OF SHIPPING DOCUMENTS.

-PRICE :(USD)$125.00 PER METRIC TONE FOB

-DURATION :12MONTHS.

- PACKAGING :BULK

-MONTHLY QUANTITY :30,000 METRIC TONES

-ORIGIN :SOUTH AFRICA

-COMMODITY :USED RAIL R50-R65

FROM: BENJI ENGINEERING SCRAP LTD.

STOCK AVAILABLE TILL DEC 31ST 2010

USED RAIL R50-R65