To             : Buyers Or Users

Number     : 0778/FCO/VII-VIII/2011

Subject      : Steam Coal Offer

Valid          : 21 Days

FULL CORPORATE OFFER

Dear Sir, 

Hereby we offer you our calorific value Steam Coal that has been crushed/blended according to international standar in Kalimantan Indonesia with tems and specification follows :

A.          Commodity                                        :-

1.            Coal Crushed                                    : Indonesia Steam Coal

2.           Surveyor                                           : Sucofindo/Geoservices/Carsurin and CCIC

3.          Specifivation Coal Analysis                                    : GVC 6300- 6100Kcl/Kg 

4.           Anchorage Point                                : Province South Kalimantan                        

SPECIFICATIONS ACCORDING TO CERTIFICATE OF SAMPLING

a. Total Moisture (arb) Max 18%

b. Inherent Moisture (adb) Max 54%

c. Ash Content (adb) Max 12%

d. Volatile Matter (adb) Max 45%

e. Fixed Carbon (adb) By Different

f. Total Sulphur (adb) 1%

g. Gross calorific value (adb) 6300-6100 Kcl/Kg

h. HGI 50% Max

i. Size 0-50mm 90%

j. Ready Stock 10.000 MT On The Stock File

Capacity                                    : 5.500–120.000 Metric per Month

Barge                                        : 270 -300Feet

Coal Mining from                         : Province South Kalimantan         

Loading Schedule                        : Barge 21 day after Sign Contract

Loading Schedule                        : Vessel 45 day after Sign Contract

Loading Port                               : Province South Kalimantan         

Price FOB Vessel Cash                                : US$ 93MT ( Cash Payment 50%:40%:10%, First Payment 50% After Sign Contract )

Price FOB Vessel LC                    : US$ 110/MT At Sight 100% LC

Price CFR                                  : US$ 130/MT At Sight 100% LC

Price CNF                                  : US$ 140/MT At Sight 100% LC

Payment                                    : Full SKBDN from Any Bank in Indonesia or Cash Barge Payment 5-4-1

                                                  Full Irrevocable Letter Of Credit 100% at Sight, Transferable from Prime Bank

Quantity                                     : 5.500 MT–120.000 MT / Shipment

Shipment                                   : Agustus 2011

Please send us the DRAFT CONTRACT  LC and DOCUMENTS LC for this transaction and all relevant documents as soon as possible, your immediate attention and confirm your readiness is appreciated

Very Truly Yours,

LUKMAN

Chairman                    

Mobilephone : +6281254399147 - +6285345769817

USA$1=9000IDR