Text of The

TEXT OF THE TRANSFERABLE IRREVOCABLE DOCUMENTARY LETTER OF CREDIT AUTO REVOLVING, TO BE ISSUED FOR ONE SHIPMENT OR MONTH’S SHIPMENTS VALUE AND AUTO REVOLVING

Swift Input:FIN 700 Issue of a Documentary Credit

Sender:Applicant’s Bank SWIFT Code, Name & Address

Receiver:(Seller’s Bank SWIFT Code, Name & Address)

Kind Attention: (Guarantees Department, Counter-LC for Payment Revolving Letter of Credit; Our Guarantee Reference:)

Message Text

27:Sequence of Total

1/1

40A:Form of Letter of Credit

IRREVOCABLE, TRANSFERABLE, ASSIGNABLE, UNENCUMBERED, DIVISIBLE, OPERATIVE

20:Letter of Credit Number

31C:Date of Issue

40E:Applicable Rule

UCP LATEST VERSION

31D:Date and Place of Expiry

……………. (15 BANKING DAYS AFTER THE EXPIRY DATE OF YOUR ISSUED PAYMENT LC --- XXXXXXXXXXX)

50:Applicant

59:Beneficiary

32B:Currency Code, Amount

Currency: USD (US Dollars)

Amount: …………….

39A:Percentage Credit Amount Tolerance

05/05

41A:Available With/By

XXXXXXXXXXX

CountryXXXXXXXXXXX

IBAN: XXXXXXXXXXX

SWIFT: XXXXXXXXXXX

BY PAYMENT

43P:Partial shipments

Allowed

43T:Transhipments

NotAllowed

44A:Place of Taking in charge / or Receipt

See additional conditions

44B:Pl of Final Dest. / of Delivery

…………………………

44C:Latest Date of Shipment

……….. (21 days prior the expiry date -31d)

45A:Description of Goods and/or Services

+/-5PCT………/MT CEMENT BRITISH STANDARD CONFORM TO inTERNATIONAL STANDARDS SPECIFICATIONS, GREY PORTLAND CEMENT FOR CONSTRUCTION GRADE 42,5 R/N DIN EN 196 OR BRITISH STANDARDS 12/1996 OR ASTM C-150 AT USD ……/MT

CIF ………………………, INCOTERMS 2000

46A:Documents Required

+ FULL SET, (3/3) ORIGINAL OF CLEAN ON BOARD OCEAN BILL OF LADING ENDORSED TO THE ORDER OF <APPLICANTS BANK > MARKED FREIGHT PREPAID SHOWING ISSUING BANK AS NOTIFY PARTY. CHARTER PARTY BILL OF LADING IS ALSO ACCEPTABLE, IN WHICH CASE IT MUST BE MARKED FREIGHT PAYABLE AS PER CHARTER PARTY INSTEAD OF FREIGHT PREPAID.

+ SIGNED COMMERCIAL INVOICE(S) IN TRIPLICATE STATING THE BILL OF LADING NUMBER.

+ ONE ORIGINAL AND ONE COPY OF CERTIFICATE OF ORIGIN.

+ ONE ORIGINAL AND TWO COPIES OF PACKING LIST SHOWING GROSS/NET WEIGHT AND NUMBER OF OCEAN BILL OF LADING AND PACKING CONDITIONS.

+ ONE ORIGINAL AND TWO COPIES OF CERTIFICATE OF WEIGHT, QUANTITY AND QUALITY ISSUED BY SOCIETE GENERALE DE SURVEILENCE (SGS) AT LOADING PORT.

47A:Additional Conditions

1.THIS IRREVOCABLE, REVOLVING LETTER OF CREDIT IS ISSUED IN YOUR FAVOUR AND WILL BE AUTOMATICALLY REVOLVING TO THE VALUE OF US$ X00,000 AND WILL CONTINUE AUTOMATICALLY REVOLVING UP TO THE TOTAL VALUE OF US$ X00;

2.XXXXXXXX IS NOMINATED AS THE TRANSFERRING BANK;

3.ALL DOCUMENTS MUST BEAR DOCUMENTARY CREDIT NUMBER;

4.ALL DOCUMENTS MUST BE ISSUED IN ENGLISH LANGUAGE;

71B:Charges

ALL BANKING CHARGES AND COMMISSIONS OUTSIDE OF BENEFICIARY BANK, ARE FOR THE ACCOUNT OF APPLICANT.

48: Period for presentation

DOCUMENTS MUST BE PRESENTED WITHIN 21 DAYS AFTER SHIPMENT DATE

49:Confirmation Instruction

WITHOUT

57A:Advice through Bank

72:Sender to Receiver Information