Soft Offer: offer good for 7 day from December 25, 2008 
Seller can provide POP before Opening L/C against Proof of funds.
Origin: North/Central America

Price: HMS 1 & 2: $300/mt CNF

NOTE TO BROKERS:NCNDA will be signed initially, IMFPA will be issued with the Draft contract.

5000 mt/month

Origin: Europe

Price for Used Rail:

30,000 mt/month x 12:  $290/mt CIF ($2 commission for brokering the deal)

90,000 mt/month or more: $275/mt CIF ($2 commission for brokering the deal)

Payment Terms: Operative, Irrevocable, Confirmed, Transferable or Non-Transferable, Divisible and Guaranted FFDLC Revolving Top 25 World Bank.  Payable upon receipts Documents by TT WIRE from LOADING PORT, Receipt of Documents: Commercial Invoice, Clean On Board of Lading Document.

UK Seller Procedures:

^{1.   BUYER issue LOI or ICPO}

^{2.   Seller issue FCO} 

^{3.   Buyer signs the FCO and sends it to the Seller} 

^{4.   Seller issues Draft Contract.}

^{5.   Buyer signs the Draft contract and sends it to the seller.} 

^{6.   Seller provides past performance docs (BL) for Buyer to review/approve} 

^{7.   Buyer's Bank opens Transferable L/C for seller as agreed by seller's Bank.} 

^{8.   Buyer uses US, Western Europe or Hong Kong Prime Banks for confirmation.} 

^{9.   Upon receipt of the agreed pre-advice SBLC by MT799, seller activates 2% Performance Bond} 

^{10.  Seller checks quantity and quality with SGS at loading port.} 

^{11.  At the buyer's request, the seller will allow the buyer or his representative to be present at loading port.} 

^{12.  Seller begins shipments.}

Contact: Al Raza 248.688.5920