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 PRODUCTS

        COMMODITY        PRICES in US $
                 Specification        Unit
MT        Present Testing Order
2,500MT        ANNUAL CONTRACT
30,000MT/mth
1        RAILS(used)        R50 – R65        $                
2        HMS 1&2        ISRI 200-206        $                
3        HMS 1        ISRI 200-202        $                

Used Rails Prices per Metric Ton

B.     DELIVERY

1)        Quantity               : 2,500mt  
2)        Delivery               : Spot Contract
3)        Shipment term     : CIF HCM 2000MT and CFR Haiphong 500MT
4)        Packing                : Loose in bulk, 6-12m in length ( in

Container)
5)        Destination          : HCM and Haiphong
6)        Rate of shipment: As per contract
7)        Inspection            : Inspection of goods will be confirmed on

certificates issued by the independence International survey company SGS or

equivalent, at the Seller’s expense.