Dear Sir, Please find below our offer COMMODITY: White refined cane sugar PACKING: 50kg bags ICUMSA: 45 PRICE: CFR ASWP PAYMENT: Auto-revolving transferable, divisible, 100% at sight DL/C PB: 2% max., concrete value has to be agreed separately for each project Origin: Brazil PRICE LIST MARCH 30, 2005 CFR ASWP For CIF add USD1/MT to each price ------------------------------------ 12,500MT USD207 25,000MT USD200 50,000MT USD196 100,000MT USD190 200,000MT USD184 300,000MT USD180 Our sales price for 500,000MT with payment by an irrevocable, transferable, fully funded or automatic revolving letter of credit, payable 100% at sight after presentation of the shipping documents in the port of loading is today USD169/MT CIF ASWP For raw cane sugar pls. contact us and we will send you separate prices. Prices are subject final confirmation and may change in accordance with the present market situation and price development. Sugar is subject unsold. Minimum possible quantity per each shipment is 12,500MT. Lower quantities are not possible! Delivery (shipping) schedule has to come from buyer and has to be agreed. SPECIFICATION: Grade: A ICUMSA: 45 RBU max Polarisation: 99.80% min. Moisture: 0.04% max Sulphate Ash content: 0.04% max Granulation: medium to find grade Solubility: 100% dry and free flowing Radiation: normal w/o presence of caesium or iodine, certified Colour: sparkling white. Max 45 ICUMSA Sediment: none Smell: free of any odour Reducing sugar: 0.05% max by weight Substance: solid, crystal Magnetic particles: 4 mg/kg max MAX AS: 1 ppm MAX PS: 2 ppm MAX CU: 3 ppm HPN STAPH AUREUS: NIL Commodity shall be free from mold, unnatural odours, chemicals and insects, labelling in English showing net weight, country of origin and that containing cane sugar. FOR SERIOUS BUYER ONLY. Inquiry must be send with full contact details and other necessary doc. If you generally agree with price and conditions, please confirm this soft offer and readiness to sent LOI and BCL BCL has to include the single sugar price, the quantity and the total contractual amount. A BCL only confirming that the buyer is a client of the bank and has an account there and already made business in the past is not acceptable as it does not confirm that the buyer is able to fulfil a sugar project with the above total quantity and price. Broker agency TIS. Cherkasy, Ukraine Hreshatik str. 170/26 Goncharenko Dmitry Ph. +380472452674 +380504642312 (cell) e-mail: tisexport@ukr.net http://tis.oxso.net