1ISSUING BANK BANK OF CHINA SINGAPORE 2LC NO 12234 DATED APRIL 2ND2003 3LC AMOUNT USD 990000 4EXPIRY DATE MAY 31ST 2003 5BL DATED MAY 5TH 2003 6APPLICANT OVERSEAS TRADE COMPANY SINGA

12)DESCRIPTION OF GOODS: 1000KGS OF 100% COTTON YARN, COUNT 30/1, RAW WHITE COLOR

13)PACKING: IN BALES OF APPROXIMATELY 50KGS NET WEIGHT EACH

14)SHIPPING MARKS: AS PER BENEFICIARY’S INSTRUCTIONS

15)DOCUMENTS REQUIRED: COMMERCIAL INVOICE, PACKING LIST, BILL OF LADING, CERTIFICATE OF ORIGIN, INSURANCE POLICY, AND BENEFICIARY’S DRAFTS IN DUPLICATE AT SIGHT DRAWN ON US

16)PARTIAL SHIPMENTS AND TRANSSHIPMENTS ARE ALLOWED

17)ALL BANKING CHARGES OUTSIDE SINGAPORE ARE FOR THE ACCOUNT OF THE APPLICANT, AND ALL BANKING CHARGES IN SINGAPORE ARE FOR THE ACCOUNT OF THE BENEFICIARY

18)THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (2007 REVISION) OF THE INTERNATIONAL CHAMBER OF COMMERCE