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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 VAIUE：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.

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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

AVAILABLE 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 VALIDITY OF THE CREDIT

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CONFIRMATION *49：WITHOUT

INSTRUCTIONS 78：+WE HEREBY UNDERTAKE THAT DRAFTS DRAWN

UNDER AND IN COMPLY WTTH THE TERMS AND

CONDITIONS OF THIS CREDIT WILL BE PAID MATURITY.

SEND TO REC. INFO. 72：SUBJECT U.C.P.1993 ICC PUBLICATION 500 经审核信用证存在如下问题：

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