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金 海 贸 易 公 司

GOLDEN SEA TRADING CORPORATION

TEL: FAX:

86-21-64331255 86-21-64331256

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ADD : 8TH FLOOR, JIN DU BUILDING , 277 WU XING ROAD, SHANGHAI, CHINA

POST CODE: 200122

DT:

July 31st,1999

（01）20 11 90

TO: F.L.SMIDTH & CO. A/S FAX:

Dear Sir,

Thank you for your Irrevocable Sight L/C No. FLS-JHLC01 issued by the West LB (Europa) A.G., Copenhagen, The Denmark , which arrived here July 27,1999 .

On going through the Irrevocable Sight L/C, however, we have found the following discrepancies with our Sales Contract No. JH-FLSSC01：

1.The PLACE OF EXPIRY is not“AT OUR COUNTER”,but“IN CHINA”.

2. Documents are to be presented ultimately not within 15 days,but 21 days,after the date of issuance of the relative transport-documents.

3. The address of the applicant is not DK-2600 Valby Copenhagen,but DK-2500 VALBY COPENHAGEN.

4. Amend the“2/3 original clean shipped on board marine bill of lading”to“full set of original clean shipped on board marine bill of Lading”.

5. Delete the clause“A statement of the same is required in negotiation”after“1/3 original clean shipped on board marine bill of lading should be airmailed to the Applicant within 48hours after shipment effected”.

6. Transshipment is not allowed only in Hongkong,but allowed in any other place.

7. The S/C.NO. is not FLS9711,but JH-FLSSC01.

8. “FOREVER”BRAND BICYCLE 600 SETS YE803 should be 26’,not 24’,and TE600 should be 24’,not 26’.

Please let us have your L/C Amendment soon so that we may effect shipment within the contracted delivery time.

Thank you.

Yours truly,

Golden Sea Trading Corporation.LTD

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