Used Rails & HMS 1&2

Shakeel Javed

Best Regards

Please inform ASAP as this deal is on First Come First Serve Basis !!!

The Seller will respond immediately and issue Proof of Product (POP) bank to bank in favor of the Buyer, if Buyer issues POF Proof of Funds. Yard visit is available and can be negotiated directly between buyer and seller if desired.

Note:

Shipment commences within 45 days.

Letter of Credit must be payable 100% at sight at loading port against shipping documents.

Within 5 (five) working days buyer bank shall issue the LC for the total amount of shipment. The LC must be Irrevocable Transferable Revolving Letter of Credit (ITRLC ) revolving for the length of the contract.

The Seller within 3 (three) working days from signing Final Annual Contract will issue a 2% PB bank to bank via swift before Buyer will issue LC

Buyer signs contract and returns to seller for final review and signature.

The Seller sends the Draft Contract to the Buyer for signature.

The Buyer submits LOI with BCL

Procedures:

Please confirm before Offering final price to Buyer.

But the seller does not allow overpricing and does not pay commission. We have to get the commission from buyer side.

B. HMS1&2: 30000 Mt minimum x 12: $225 USD/Mt CIF to ASWP

A. USED RAILS: 30000 Mt minimum x 12: $250 USD/Mt CIF to ASWP

QUANTITY and PRICE: (Prices are indications and may change without notification and no overpricing is allowed)

DESTINATION PORT : ANY SAFE WORLD NON SANCTIONED PORT

PACKING: Bulk The Product is to be shipped by break bulk

ORIGIN: North & South America or Seller Choice

COMMODITY: Used Rail or HMS1&2

We hereby make this formal corporate offer to you for the commodity detailed below as per terms and conditions mentioned herein. This offer is valid within ten working days

Date: 02/10/09

SOFT CORPORATE OFFER