We, PANCAWARNA, CV, with full legal and corporate responsibility,
and under penalty of perjury, with full knowledge of the act of fraud;
we are ready, willing and able to deliver the herein offered Indonesian
steam coal ( non-coking) under the following terms and conditions:

For steam coal offer, here is the summary price
0. ADB 7100 TO 6800 kcal/ kg : $ 00
1. ADB 6700 to 6500 kcal/ kg : $ 122/ MT
2. ADB 6500 to 6300 kcal/ kg : $ 104/ MT
3. ADB 6300 to 6100 kcal/ kg : $ 94/ MT; ARB 5500-5300 kcal/ kg : $ 110/ MT
4. ADB 6000 to 5800 kcal/ kg : $ 86/ MT; ARB 5200-5000 kcal/ kg : $ 104/ MT
5. ADB 5800 to 5600 kcal/ kg : $ 82/ MT; ARB 5000-4800 kcal/ kg : $ 98/ MT
6. ADB 5500 to 5300 Kcal/ kg : $ 76/ MT; ARB 4700-4500 kcal/ kg : $ 92/ MT
7. ADB 5300 to 5100 Kcal/ kg : $ 65/ MT; ARB 4500-4300 kcal/ kg : $ 84MT
8. ADB 5100 TO 4900 Kcal/ kg : $ 57/ MT; ARB 4300-4100 kcal/ kg : $ 76/ MT
THE PRICE LC PER METRICTON FOB BASIS ON VESSEL/ NEGOCIATE
-------------------------------------

TERMS OF GOODS :
Commodity : Indonesian Crushed Steam Coal in Bulk.
Origin : South and East Kalimantan, Indonesia.
Quantity Supply : quantities ordered should be in the multiples
of 50, 000MT ± 10% per month for period of 12 ( twelve) months for each calorie.
Coal specifications : based on ASTM/ ISO standards as below :

TERM OF DELIVERY AND SHIPMENTS :
Delivery : FOB Mother Vessel at any port of Indonesia
Port of Loading : Open sea Anchorage, Taboneo and or Tanjung Pemancingan,
and or Muara Satui, South Kalimantan.
Loading rate : 8, 000-15, 000 MT/ WWD SHINC, depend on the vessel facilities.
Vessel requirement : Buyer to nominate a self-loading ( craned & geared) vessel suitable
for carrying 50, 000MT ± 10% .
First Shipment of 50, 000 MT within 25 days after seller receipt of buyer’ s financial instrument.