根据合同内容审核信用证

No. SD080215

Date: Feb. 15, 2008

Signed at: Shan ghai, China 根据下述合同内容审核信用证，并指出不符之处 Exercise 1

Sales Con tract The Seller: SHANGHAI SHENG DA CO., LTD.

UNIT C 5/F JINGMAO TOWER SHANGHAI, CHINA

The Buyer: ALFAGA ENTERPRISE

28, IMAMGONJ DHAKA,BANGLADESH

The undersigned Seller and buyer have agreed to close the following transactions according to the terms and con diti ons stipulated below:

Pack ing: In Cartons

Shippi ng Mark: A.E.

CHITTAGONG

Time of Shipment: During May, 2008

Loading Port and Destination: From Shanghai to Chittagong Partial Shipme nts and Tran sshipme nt: Allowed In sura nee: To be effected by the buyer

Terms of Payment: The Buyer shall open through a bank acceptable to the Seller an irrevocable Sight Letter of Credit to reach the Sellers 30 days before the month of shipment. Valid for negotiation in China until the 15

th day after the month of shipme nt.

The Seller

The Buyer SHANGHAI SHENG DA CO., LTD.

ALFAGA ENTERPRISE

信用证

SEQUENCE OF TOTAL 27: 1/1

FORM OF DOC. CREDIT 40A: IRREVOCABLE DOC. CREDIT NUMBER 20: 06660801

DATE OF ISSUE: 31C: FEBRUARY 24, 2008 APPLICABLE RULES

40E:

UCP LATEST VERTION

DATE AND PLACE OF EXP. 31D: MAY 23, 2008 IN BANGLADESH APPLICANT: 50: ALFAGA ENTERPRISE

26, IMAMGONJ, DHAKA, BANGLADESH ISSUING BANK 52A: AB BANK LIMITED

IMAMGANJ, DHAKA-1211, BENEFICIARY 59: SHANGHAI DA SENG CO., LTD.

UNIT C 5/F JINGMAO TOWER

SHANGHAI, CHINA

AMOUNT 32B: CURRENCY HKD AMOUNT 9800.00

AVAILABLE WITH/BY

DRAFTS AT

DRAWEE

PARTIAL SHIPMENTS TRANSSHIPMENT

LOADING/DISPATCHING/TAKING IN CHARGE AT/FROM TRANSPORTATION TO …LATEST DATE OF SHIPMENT DESCRIP OF GOODS

DOCUMENTS REQUIRED

APPLICANT

ADDITIONAL CONDITION

DETAILS OF CHARGES PRESENTATION PERIOD

CONFIRMATION

41D: ANY BANK IN CHINA BY NEGOTIATION

42C: DRAFTS AT 60 DAYS SIGHT

42D: AB BANK LIMITED, IMAMGANJ BRANCH

43P: NOT ALLOWED

43T: NOT ALLOWE

44A: ANY CHINESE PORTS

44B: CHITTAGANG SEA PORT, BANGLADESH

44C: MAY 2, 2008

45A: TAPE RULES

(1) 2000 DOZ PAIR MODEL: JH-395W SIZE:3M x 16MM @ HKD3.60 PER DOZEN CIF CHITTAGONG

(2) 500 DOZ PAIR MODEL: JH-386W

SIZE: 3M x 16MM @ HKD4.20 PER DOZEN CIF CHITTAGONG

PACKING: EXPORT STANDARD SEAWORTHY PACKING 46A: + SIGNED COMMERCIAL INVOICE IN TRIPLICATE

+ SIGNED PACKING LIST IN TRIPLICATE

+ G.S.P. CERTIFICATE OF ORIGIN FORM A

+ BENEFICIARY 'S CERTIFICATE STATING THAT ONE SET OF ORIGINAL SHIPPING DOCUMENTS INCLUDING ORIGINAL “FORM A” HAS BEEN SENT DIRECTLY TO THE APPLICANT AFTER THE SHIPMENT

+ INSURANCE POLICY OR CERTIFICATE ENDORSED IN BLANK FOR 100 PCT OF CIF VALUE, COVERING W.P.A. AND WAR RISKS

+ 3/3 PLUS ONE COPY OF CLEAN “ON BOARD ” OCEAN BILLS OF LADING MADE OUT TO ORDER AND BLANK ENDORSED MARKED “FREIGHT COLLECT ” AND NOTIFY

47A: + ALL DRAFTS DRAWN HEREUNDER MUST BE

MARKED “DRAWN UNDER AB BANK LIMITED, IMAMGANJ BRANCH

CREDIT NO. 06660801 DATED FEBRUARY 24, 2008 ”

+ T/T REIMBURSEMENT IS NOT ACCEPTABLE

71B: ALL BANKING CHARGES OUTSIDE BANGLADESH