1IRREVOCABLEDOCUMENTARYCREDITAPPLICATIONTO:BANKOFCHINADate:2005-07-18Beneficiary(Fullnameandaddress)L/CNo.TAKAMRAIMP.&EXP.CORP.324,OTOLIMACHTOKYO,JAPANEx-CardNo.ContractNo.GWM050831Dateandplaceofexpiryofthecredit2005-9-15OSAKAPartialshipmentsTranshipmentIssuebyairmailWithbriefadvicebyteletransmissionallowednotallowedallowednotallowedIssuebyexpressdeliveryIssuebyteletransmission(whichshallbetheoperativeinstrument)Loadingonboard/dispatch/takinginchargeat/fromOSAKAAmountnotlaterthan2005-08-31USD100000SAYUSDOLLARSONEHUNDREDTHOUSANDONLYFortransportationto:TIANJINCreditavailablewithbysightpaymentbyacceptancebynegotiationDescriptionofgoods:bydeferredpaymentatCOLOURTELEVISION48INCHESagainstthedocumentsdetailedhereinandbeneficiary'sdraft(s)for100%ofinvoicevalueatonPacking:PACKEDINCARTONOFONESETEACHFOBCFRCIForothertermsDocumentsrequired:(markedwithX)1.(X)Signedcommercialinvoicein5copiesindicatingL/CNo.andContractNo.2.(X)FullsetofcleanonboardBillsofLadingmadeouttoorderand[X]blankendorsed,markedfreight[]tocollect/[X]prepaid3.()Airwaybillsshowing“freight[]tocollect/[]prepaid[]indicatingfreightamountandconsignedto4.()Wenormalissuedbyconsignedto5.(X)InsurancePolicy/Certificatein1copiesfor110%oftheinvoicevalueshowingclaimspayableinchinaincurrencyofthedraft,blankendorsed,covering[X]OceanMarineTransportation/[]AirTransportation/[]OverlandTransportation[X]AllRisks,WarRisks.6.(X)PackingList/WeightMemoin4copiesindicatingquantity,grossandnetweightsofeachpackageandpackingconditionsascalledforbytheL/C.7.()CertificateofQuantity/Weightincopiesissuedbyanindependentsurveyorattheloadingport,indicatingtheactualsurveyedquantity/weightofshippedgoodsaswellasthepackingcondition.8.(X)CertificateofQualityin1copiesissuedby[]manufacturer/[X]publicrecognizedsurveyor/[].9.()Beneficiary’sCertifiedcopyofcable/telexdispatchedtotheaccounteeswithinhoursaftershipmentadvising[]nameofvessel/[]fightNo./[]wagonNo.,date,quantity,weightandvalueofshipment.10.()Beneficiary’sCertificateCertifyingthatextracopiesofthedocumentshavebeendispatchedaccordingtothecontractterms.11.()ShippingCo’scertificateattestingthatthecarryingvesselischarteredorbookedbyaccounteeortheirshippingagents:12.()Otherdocuments,ifanyAdditionalinstructions:1.(X)Allbankingchargesoutsidetheopeningbankareforbeneficiary'saccount.2.(X)Documentsmustbepresentedwithin7daysafterdateofissuanceofthetransportdocumentsbutwithinthevalidityofthiscredit.3.(X)Thirdpartyasshipperisnotacceptable,ShortForm/BlankbackB/Lisnotacceptable.4.()Bothquantityandcreditamount______%moreorlessareallowed.5.()PrepaidfreightdrawninexcessofL/CamountisacceptableagainstpresentationoforiginalchargesvoucherissuedbyshippingCo/AirLine/orit’sagent.6.(X)Alldocumentstobeforwardedinonecover,unlessotherwisestatedabove7.()Otherterms,ifanyAccountNo.1357924680withBANKOFCHINA(nameofbank)Transactedby:GreatWallTradingCo.李红TelephoneNo.:022-87654321(Applicant:namesignatureofauthorizedperson)2(withseal)