Sugar ICUMSA 45

Asuncion-Paraguay

Business Contact

Adolfo Aquino

Regards

9. PROCEDURE : THE USSUAL.

METRIC TONS.

8. MAXIMUN DELIVERY :  CAPACITY FOR MONT 300.000/350.000

7. PRICES SUBJECT TO CONFIRM

THE PRICES THAT WE OFFER.

OF 4 MONTHS, WE ARE IN DISPOSITION TO STUDY DISCOUNTS IN

ON FORM OF PAYMENT FFARDLC +BG FOR VALUE OF THE SHIPMENTS

6. IMPORTANT : CONTRACTS POR PERIODS SUPERIOR TO 1 YEAR

ASSIGNABLE.

IRREVOCABLE, TRANSFERABLE, DIVISIBLE UNCONDITIONAL AND

5. THE FINANCIAL INSTRUMENTS ( BG AND RDLC ) MUST BE

RDLC X 96

30.000.000 US$ 195 300.000 X 1200 MONTHS BG AND

MONTH BG AND RDLC X 85

20.000.000 US$ 205 225.000 X 83 MONTHS + 200.000 X 1

MONTH BG AND RDLC X 52

10.000.000 US$ 210 175.000 X 57 MONTH + 25.000 X 1

56

9.000.000 US$ 215 150.000 X 60 MONTHS BG AND RDLC X

MONTH BG AND RDLC X 50

8.000.000 US$ 220 150.000 X 53 MONTHS + 50.000 X 1

7.000.000 US$ 225 125.000 X 56 BG AND RDLC X 52

44

6.000.000 US$ 230 125.000 X 48 MONTHS BG AND RDLC X

36

5.000,000 US$ 235 125.000 X 40 MONTHS - BG AND RDLC X

MONTH BG AND RDLC X 36

4.000.000 US$ 240 100.000 X 40  MONTHS  + 50.000 X 1

26

3.000.000 US$ 245 100.000 X 30 MONTHS BG AND RDLC X

MONTHS BG AND RDLC X 23

2.000.000 US$ 255 75.000 X 26 MONTHS + 50.000 X 1

BG AND RDLC X 10

1.000.000 US$ 265 750.000 X 15 MONTHS + 25.000 X 4

800.000 US$M 275 50.000 X 18 BG X 4 AND RDLC X 12

700.000 US$ 285 50.000 X 14 BG X 4 AND RDLC X 10

600.000 US$ 295 25.000 X 24 BG X 4 AND RDLC X 20

500.000 US$ 305 25.000 X 20 BG X 4 AND RDLC X 16

400.000 US$ 310 25.000 X 16 BG X 4 AND RDLC X 12

300.000 US$ 315 25,000 X 12 BG X 4 AND RDLC X 8

200.000 US$ 320 12,500 X 18 - BG AND RDLC X 8

100.000 US$ 325 12,500 X 8 BG X 4 AND RDLC X 4

TT ( 100% )

50.000 US$ 330 12.500 X 4 MONTHS BG / RDLC /

TT ( 100% )

25.000 US$ 335 12,500 X 2 MONTHS BG / RDLC /

BG / RDLC / TT ( 100% )

12.500 MT US$ 340 CIF ASWP/MT 12.500 X MONTH

4. PRICES :

3. VALIDITY : UP TO APRIL 15, 2008

2. ORIGIN: BRAZIL ( SOUTH AMERICA )OR CENTRAL   AMERICA AT SELLERS OPTION.

1. COMMODITY : WHITE REFINED CANE SUGAR ICUMSA 45

SUGAR CANE ICUMSA 45