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Irrevocable Documentary Credit Form (Advice for the Advising Bank) Name if Issuing Bank Irrevocable Number 17813 Bank Dagang Negara Documentary Credit Place and Date of Issue Expiry Date and Place for Presentation of Documents Jakarta January 6, 2000 Applicant Expiry Date March 31, 2000 Place for Presentation Bank Dagang Negara Beneficiary Advising bank Reference no Premier Bank Amount US$ 178,000 Partial ShipmeV allowed Not allowed Credit available with nominated bank : V by payment at sight Transhipment V allowed Not allowed by deferred payment at : by acceptance of drafts at : V Insurance covered by buyers by negotation Against the documents detailed herein : Shipment as defined in UCP 500 Article 46 V and beneficiary's draft(s) drawn o From Houston, Texas, USA Premier Bank World Trade Center 54 Floo For transportation Tanjung Priok Jakarta Not later than March 15, 2000 Documents to be presented with 21 days after the date of shipment but within the validity of the We have issued Irrevocable Documentary Credit as detailed above. It is subject to the Uniform Customs and Practi PT. ABC Gunung Sahari Street no.91, Jakarta Pusat. Phone : 62-21-678912. Camelot Trading Company Grand Central S NY, 10163

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Sheet1Irrevocable Documentary Credit ApplicationApplicantIssuing BankPT. ABC Gunung Sahari Street no.91, Jakarta Pusat. Phone : 62-21-678912.Bank Dagang NegaraDate of applicationExpiry Date and Place for Presentation of DocumentsJanuary 6, 2000VIssue by (air) mailwith brief advice by teletransmissionExpiry DateMarch 31, 2000(see UCP 500 Article 11)Place for PresentationIssue by teletransmission (see UCP 500 Article)Bank Dagang NegaraTransferable credit as per UCP 500 Article 48Confirmation of the creditBeneficiaryCamelot Trading Company Grand Central Station, New York, NY, 10163Vnot requestedrequestedAmount in figures and words (Please use ISO Currency Codes)US$ 178,000PartialShipmentVallowedNot allowedCredit available with nominated bank :Vby payment at sightTranshipmentVallowedNot allowedby deferred payment at :Please refer to UCP 500 transport Articles for exceptor to this conditionby acceptance of drafts at :VInsurance will covered by usby negotiationShipment as defined in UCP 500 Article 46Against the documents detailed herein :FromHouston, Texas, USAVand beneficiary's draft(s) drawn onPremier Bank World Trade Center 54 Floor, New York, USAFor transportation toTanjung Priok JakartaNot later thanMarch 15, 2000Goods (Brief description without excessive details -See UCP Article 5)Termspolypropylene Resin F-040-FFASCIFVFOBOtherCFRas per INCOTERMSCommercial InvoiceVSigned, Original3CopiesMultimodal Transport Document covering at least two different modes of transportVMarine / Ocean Bill Of Lading covering a port-to port shipmentNon Negotiable Sea Waybill covering a port-to-port shipmentAir Waybill, original for the consignerOther transport documentto the order ofVendorsed in bankVmarked freightprepaidVpayable at destinationnotifyInsurance document :PolicyVCertificateDeclarationCertificatesVOriginAnalysisHealthOtherOther documentsVPacking listWeight listDocuments to be presented within21days after the date of shipment but within the validity of the creditAdditional Instruction

Jaka : (Harga Satuan x Volume Barang) + Biaya TambangJaka :Boleh pindah kapalJaka: Pengiriman sebagian diperkenankanJaka : Asuransi ditutup oleh pembeli (PT. ABC)Jaka:Nama dan Jenis Barang yang dikirimJaka:koresponden Bank Dagang NegaraJaka : Pembayaran didasarkan atas penyerahan wesel unjuk (sight drafts)Jaka : Karena tanpa pajak tambangJaka : Signed Commercial Invoice in 3 (three) copies, certifying that the goods are in accordance with PT. ABC, Order Number 4567.Jaka :Di sah kan oleh bankJaka :Dikirim melalui kapal lautJaka :marked Freight Payable At Destination PortJaka :marked Freight Payable At Destination PortLEPMA:- Packing List in 5 (five) copiesLEPMA:- Certificate of Origin Form ALEPMA:L/C berlaku sampai dengan 31 Maret 2000, untuk pengiriman barang tidak lebih dari 15 Maret 2000

Sheet2Irrevocable Documentary Credit Form (Advice for the Advising Bank)Name if Issuing BankIrrevocableNumber17813Bank Dagang NegaraDocumentary CreditPlace and Date of IssueExpiry Date and Place for Presentation of DocumentsJakarta January 6, 2000ApplicantExpiry DateMarch 31, 2000PT. ABC Gunung Sahari Street no.91, Jakarta Pusat. Phone : 62-21-678912.Place for PresentationBank Dagang NegaraBeneficiaryCamelot Trading Company Grand Central Station, New York, NY, 10163Advising bankReference noPremier BankAmountUS$ 178,000Partial ShipmentVallowedNot allowedCredit available with nominated bank :Vby payment at sightTranshipmentVallowedNot allowedby deferred payment at :by acceptance of drafts at :VInsurance covered by buyersby negotationAgainst the documents detailed herein :Shipment as defined in UCP 500 Article 46Vand beneficiary's draft(s) drawn onFromHouston, Texas, USAPremier Bank World Trade Center 54 Floor, New York, USAFor transportation toTanjung Priok JakartaNot later thanMarch 15, 2000Documents to be presented within21days after the date of shipment but within the validity of the creditWe have issued Irrevocable Documentary Credit as detailed above. It is subject to the Uniform Customs and Practice for DocumentaryCredits (1993 Revision, International Chamber of Commerce, Paris, France, Publication no. 500). We Request you to advise the BeneficiaryVwithout adding your confirmationadding your confirmationadding your confirmation,if requested by beneficiary

Sheet3APPLICATION FOR ISSUING IMPORT LETTER OF CREDITTo be filled in by the Bank1Bank Reg. No.TO :BANK DAGANG NEGARADate.2Corresp.Account.3L/C No..FX Code.We hereby you to purchase foreign at the rate ofRp. 8950,-/US$4Cable *)Dateto debit our accoutn and to lissue a documentary letter of credit with the following detailsMail *)Initial5.L/C to issued through your correspondent in...6.Type of L/C :Irrevocable / Revocable / Transferable *)7.Advising mode :by airmail / cable *) latest at 7 (seven) working days before shipment8.Expiry date :March 31, 2000, Assignment Date : March 15, 20009.Beneficiary name and address :Camelot Trading Company Grand Central Station, New York, NY, 1016310.Available by sight draft / usance draft drawn on us for .100% of invoice value (C&F) mode out to the orderof your bank with / without resource to drawers accompanied by :a. Signed commercial invoice in3 Copiesb. Full set clean on board Bill of Lading/Airway Bill/Postal Receipt in3 copies made out to orderof your bank and endorsed in blank dated not later thanMarch 16, 2000notify address. PT. ABCof your bank and endorsed in blank dated not later thanMarch 16, 200011.Contract / Order No :01 / Imp / 200012.Specification of goods (should be mentioned in the L/C as described in a, b, c, d,e, f dan g below)a. Name of goods :polypropylene Resinb. Type of goods :F-040-Fc. Quality of goods :Term Grade USS Novamont Brandd. Volume of goods :200 metric tone. Unit price :US$ 800 / mtonf. Total Price :US$ 178,000g. Freight :US$ 18.000h. C & F :US$ 128i. CCN :39.02.319j. Import duty tariff 20 %k.VAT Tariff10%l. Sales tax on luxury goods (PPn BM) tariff0%m. (Income tax tariff Article 222.50%13.Shipment fromHouston, Texas, USA14. Port of destinationTanjung Priok Jakarta15.Partial Shipment (s) :allowed / not allowed *)16.Transhipment (s) :allowed / not allowed *)17.Country of origin :USA18.Special condition :Beneficiary is liable to make any arrangement for the surveyor to impact the goods19.Insurance :a. Covered by PT. ABCb. ConditionWith Averagec. Import reference No.112.90.254We aggre that this credit will be subject to your general terms and conditions for issuing letter of credit, and all changes incurred inthe issuing of theis L/C will be borne by us20. ..Name of Applicant :PT. ABCTax Reg number (NPWP)1.319.027.7-32Address :Gunung Sahari Street no.91, Jakarta PusatImport licence0099 IUPhonePhone : 62-21-678912.January 6,2000*)Delete as not required( Stamp and signature )Copy no.1 for BDN Branch

Sheet4Irrevocable Documentary Credit Form (Advice for the Advising Bank)Name if Issuing BankIrrevocableNumberDocumentary CreditPlace and Date of IssueExpiry Date and Place for Presentation of DocumentsApplicantExpiry DateCamelot Trading Company Grand Central Station, New York, NY, 10163Place for PresentationBeneficiaryAdvising bankReference noAmountPartial ShipmentallowedNot allowedCredit available with nominated bank :by payment at sightTranshipmentallowedNot allowedby deferred payment at :by acceptance of drafts at :Insurance covered by buyersby negotationAgainst the documents detailed herein :Shipment as defined in UCP 500 Article 46and beneficiary's draft(s) drawn onFromFor transportation toNot later thanDocuments to be presented withindays after the date of shipment but within the validity of the creditWe have issued Irrevocable Documentary Credit as detailed above. It is subject to the Uniform Customs and Practice for DocumentaryCredits (1993 Revision, International Chamber of Commerce, Paris, France, Publication no. 500). We Request you to advise the Beneficiarywithout adding your confirmationadding your confirmationadding your confirmation,if requested by beneficiary