根据合同审核信用证一

根据合同审核信用证

SALES CONTRACT

BUYER：JAE＆SONS PAPERS COMPA NY NO．ST05-0l6

203 LODIA HOTEI，OFFICE 1546，DONG-GU，DATE：AUGUST 08.2005

BUSAN，KOREA SIGNED AT：NANJING CHINA SELLER：WONDER INTERNATIONAL COMPANY LIMITED

NO.529,QIJLANG ROAD HE DONG DISTRICT, NANJING CHINA

This Contract is made by the Seller；whereby the Buyers agree to buy and the Seller agrees to sell the under—mentioned commodity according to the terms and conditions stipulated below：

1、COMMODITY：UNBLEACHED KRAET LINEBOARD．

UNIT PRICE：USD390.00／PER METRIC TON,CFR BUSAN KOREA

TOTAL QUANTITY：l00METRIC TONS，±10％ARE ALLOWED．

PAYMENT TERM：BY IRREVOCABLE L/C 90 DAYS AFTER B／L DATE

2、TOTAL V AIUE：USD39,000.00(SAY U.S.DOLLARS THIRTY NINE THOUSAND

ONLY.***10％MORE OR LESS ALLOWED．)

3、PACKING：To be packed in strong wooden case(s)，suitable for long distance ocean

transportation．

4、SHIIPPING MARK：The Seller shall mark each package with fadeless paint the package

number, gross weight, measurement and the wording：“KEEP AWAY FROM MOUSTURE”．“HANDLE WITH CARE”．etc．and the shipping mark：ST05-016 BUSAN KOREA

5、TIME OF SHIPMENT：BEFORE OCTOBER 02.2005

6、PORT OF SHIPMENT：MAIN PORTS OF CHINA

7、PORT OF DESTINATION：BUSAN KOREA

8、INSURANCE：To be covered by the Buyer after shipment．(F.O.B Terms)

9、DOCUMENT：

+Signed invoice indicating LC NO and Contract No．

+Full set(3/3)of clean on board ocean Bill of Lading marked“Freight to Collect”/

“Freight Prepaid”made out to order blank endorsed notifying the applicant.

+Packing List/Weight List indicating quantity/gross and net weight．

+Certificate of Origin．

+No solid wood packing certificate issued by manufacturer．

10、OTHER CONDITIONS REQD IN LC：

+All banking charges outside the opening bank are for beneficiary’s a/c．

+Do not mention any shipping marks in your L/C．

+Partial and transshipment allowed．

11、REMARKS：The last date of L/C opening：20 August,2005.

BANK OF KOREA LIMTED．BUSAN

SEQUENCE OFT0TAI，*27：l/l

FORM OF DOC. CREDIT *40 A：IRREVOCABLE

DOC. CREDIT NUMBER * 20：S 100-108085

DATE OF ISSUE 3l C：20050825

EXPIRY *31 D：DATE 20051001 PLACE APPLICANT’S COUNTRY

APPLICANT *50 ：JAE&SONS PAPERS COMPANY

203 LODIA HOTEL OFFICE 1564.DONG-GU,BUSAN,KOREA BENEFICIARY *59 ：WONDER INTERNATIONAL COMPANY LIMITED

N0.529，QIJIANG ROAD HE DONG DISTRICT,NANNING CHINA AMOUNT *32 B：CURRENCY HKD AMOUNT 39,000.00

A V AILABLE WITH/BY *4lD：ANY BANK IN CHINA BY NEGOTIATION

DRAFTS AT…42C：DRAFT AT 90DAYS AT SIGHT FOR FULL INVOICE COST

DRAWEE 42 A：BANK OF KOREA LIMITED,BUSAN

PARTIAL SHIPMENTS 43 P：NOT ALLOWED

TRANSSHIPMENT 43 T：NOT ALLOWED

LOADING IN CHARGE 44A：MAINPORTS OF CHINA

FOR TRANSPORT TO 44 B：MAIN PORTS OF KOREA

LATEST DATE OF SHIP. 44 C：2005103l

DESCRIPT.OF GOODS 45 A：

+COMMODITY ：UNBLEACHED KR AET LINEBOARD．

U／P：HKD 390.00／MT

TOTAL：100MT±10% ARE ALLOWED．

PRICE TERM：CIF BUSAN KOREA

COUNTRY OF ORIGIN：P.R.CHINA

PACKNG：STANDARD EXPORT PACKING

SHIPPING MARK：ST05—016 BUSAN KOREA

DOCUMENTS REQUIRED 46 A：

1、COMMERCIAL INVOICE IN 3 COPIES：INDICATING LC NO.& CONTRACT

N0.ST05-018

2、FULL SET OF CLEAN ON BOARD OCEAN BIL OF LADING MADE OUT TO

ORDER AND BLANK ENDORSED，MARKED FREIGHT TO COLLECT

NOTIFYING THE APPLICANT.

3、PACKING LIST/WEIGHT LIST IN 3 COPIES INDICATNG QUANTITY／

GROSS AND NET WEIGHTS

4、CERTIFICATE OF ORIGIN IN 3 COPIES

ADDITIONAL COND. 47 B：ALL DOCUMENTS ARE TO BE PRESENTED TO

US IN ONE LOT BY COURIER/SPEED POST．DETAILS OF CHARGES 7lB：ALL BANKING CHARGES OUTSIDE OF OPENNING

BANK ARE FOR BENEFICIARY’S ACCOUNT PRESENTATION PERIOD 48：DOCUMENTS TO BE PRESENTED WITHIN 21

DAYS AFTER THE DATE OF SHIPMENT BUT WITHIN

THE V ALIDITY OF THE CREDIT