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ISSUEOFDOCUMENTARYCREDITTO:BANKOFCHINA,SHANGHAIBRANCH,CHINAATTN:L/CDEPTFROM:COMMERCIALBANKOFETHIOPIA,ADDISABABA,ETHIOPIADATE:15-01-2009WEHEREBYOPENOURIRREVOCABLEDOCUMENTARYLETTEROFCREDITNO.LC/78563FAVOURINGM/SSHANGHAICHEMICALSIMPORTANDEXPORTCORPORATION,16JIANGYANLUSHANGHAICHINABYORDEROFMAGICINTERNATIONALPLC,DEBREZEITROAD,ADDISABABAETHIOPIATOTHEEXTENTOFUSD31067.10CFRASSABAVAILABLEBYNEGOTIATIONWITHANYBANKAGAINSTTHEDOCUMENTSDETAILEDHEREINANDBENEFICIARY’SDRAFTSAT60DAYSAFTERB/LDATEDRAWNONOURSELVESFOR100%OFTHEINVOICEVALUE.1.SIGNEDCOMMERCIALINVOICESINFIVECOPIESSHECIFYINGFOBVALUEANDFREIGHTCHARGESANDALLCOPIESCERTIFIEDBYTHECHINACOUNCILFORTHEPROMOTIONFOINTERNATIONALTRADEINDICATINGEXCHANGECONTROLLICENCENO.749/000066JANJUARY02,20092.PACKINGLISTINFIVECOPIESINDICATINGGROSSANDNETWEIGHTOFEACHROLL3.FULLSETOFCLEANONBOARDOCEANBILLSOFLADINGANDONENON-NEGOTIABLECOPYMADEOUTTOORDEROFCOMMERCIALBANKOFETHIOPIAANDNOTIFYINGMAGICINTERNATIONALPLCMARKEDFREIGHTPREPAID4.CERTIFICATEOFORIGINISSUEDBYTHECHINACOUNCILFORTHEPROMOTIONOFINTERNATIONALTRADEINTWOCOPIESCOVERINGSHIPMENTOF120ROLLS100MMx4Px350AND30ROLLS125MMx4Px350TRANSMISSIONBELTASPERCONTRACTNO.08PI/421/122DATEDDEC262008TERMSCFRASSABINSURANCECOVEREDLOCALLYBYBUYERTHEEXPIRYPLACEOFTHECREDITISCHINAPARTIALSHIPMENTSARENOTPERMITTEDTRANSHIPMENTAREPERMITTEDSHIPMENTFROMSHANGHAITOASSABNOTLATERTHAN21STMARCH2009THISCREDITISVALIDFORNEGOTIATIONNOTLATERTHAN5THAPRIL,2009ALLBANKINGCHARGESOUTSIDEETHIOPOAAREFORACCOUNTOFTHEBENEFICIARYPROCIDEDTHATALLTERMSANDCONDITIONSOFTHELETTEROFCREDITHAVEBEENCOMPLIEDWITH,WEUNDERTAKETOHONOURYOURCLAIMSINACCORDANCEWITHYOURINSTRUCTIONSVALUETHREEBUSINESSDAYSFROMTHEDATEOFRECEIPTOFTHESHIPPINGDOCUMENTSATOURCOUNTERSPLEASEFORWARDTHEORIGINALANDDUPLICATESETSOFSHIPPINGDOCUMENTSINTWOSEPARATELOTSTOUSBYDHLCOURIERSERVICETHISLETTEROFCREDITISSUBJECTTOUCPFORDOCUMENTARYCREDITS(REVISION2007)I.C.C,PUBLICATIONNO.600PLEASETREATTHISMESSAGEASANOPERATIVECREDITINSTRUMENTANDNOMAILCONFIRMATIONWILLFOLLOWPLEASEADVISETHEBENEFICIARY上海化工进出口公司SHANGHAICHEMICALSIMPORTANDEXPORTCORPRATION16JIANGYANLU,SHANGHAI商业发票COMMERCIALINVOICEToMAGICINTERNATIONALPLCDEBREZEITROAD,ADDISABABAETHIOPIA日期DateMarch142009发票号InvoiceNo.106-009合约号ContractNo.08PI/421/122信用证号L/CNo.LC/78563装由ShippedperGUANGHANGV.312开船日期SailingaboutMarch19,2009出FromSHANGHAI至ToASSAB唛头SHIPPINGMARK货名数量QUANTITIESANDDESCRIPTIONS单价UNITPRICE金额AMOUNETMAGICINT’LPLCP.O.BOX147140ADDISABABAETHIOPIAVIAASSABTRANSMISISIONBELT100MMx4Px35060PACKAGES120ROLLSTRANSMISSIONBELT125MMx4Px35015PACKAGES30ROLLSTOTAL75PACKAGES150ROLLSAsperContractNo.08PI/421/122datedDecember26,2008ExchangeControlLicenceNo.749/000066January022009FOBValue:USD24493.10Freightcharge:6574.00PerRollUSD201.92USD227.89CFRASSABUSD24230.40USD6836.70USD31067.10SHANGHAICHEMICALSIMPIRTANDEXPORTCORPIRATION上海化工进出口公司SHANGHAICHEMICALSIMPORTANDEXPORTCORPRATION16JIANGYANLU,SHANGHAI装箱单PACKINGLISTInvoiceNo.106-009Date:March142009标志及箱号品名及规格数量件数毛重净重尺码MAGICINT’LPLCP.O.BOX147140ADDISABABAETHIOPIAVIAASSABTRANSMISISIONBELT100MMx4Px350TRANSMISSIONBELT125MMx4Px350ROLLS12030P’KGS6015KGS55@ROLL74@ROLLKGS54@ROLL73.2@ROLLCBMTOTAL150758820867620.00SHANGHAICHEMICALSIMPIRTANDEXPORTCORPIRATIONORIGINAL1.ExporterCertificateNo.CZC1/12002/5649SHANGHAICHEMICALSIMPORTANDEXPORTCORPRATION16JIANGYANLU,SHANGHAICERTIFICATEOFORIGINOFTHEPEOPLE'SREPUBLICOFCHINA2.ConsigneeMAGICINTERNATIONALPLCDEBREZEITROAD,ADDISABABAETHIOPIA3.Meansoftransportandroute5.ForcertifyingauthorityuseonlySHIPMENTFROMSHANGHAITOASSABBYSEA4.Country/regionofdestinationASSAB,ETHIOPIA6.Marksandnumbers7.Numberandkindofpackages;descriptionofgoods8.H.S.Code9.Quantity10.NumberanddateofinvoicesMAGICINT’LPLCP.O.BOX147140ADDISABABAETHIOPIAVIAASSABSEVENTYFIVE(75)PACKAGESOFTRANSMISSIONBELT.*******************************************4010110000G.W.8820.KGS106-009MARCH14200911.DeclarationbytheexporterTheundersignedherebydeclaresthattheabovedetailsandstatementsarecorrect,thatallthegoodswereproducedinChinaandthattheycomplywiththeRulesofOriginofthePeople'sRepublicofChina.12.CertificationItisherebycertifiedthatthedeclarationbytheexporteriscorrect.SHANGHAI,MARCH14,2009-----------------------------------------------------------------Placeanddate,signatureandstampofauthorizedsignatory------------------------------------------------------------------Placeanddate,signatureandstampofcertifyingauthorityShipperB/LNO.SHANGHAICHEMICALSIMPORTANDEXPORTCORPRATION16JIANGYANLU,SHANGHAIPACIFICINTERNATIONLINES(PTE)LTD(IncorporatedinSingapore)COMBINEDTRANSPORTBILLOFLADINGReceivedinapparentgoodorderandconditionexceptasotherwisenotedthetotalnumberofcontainerorotherpackagesorunitsenumeratedbelowfortransportationfromtheplaceofreceipttotheplaceofdeliverysubjecttothetermshereof.OneofthesignedBillsofLadingmustbesurrendereddulyendorsedinexchangefortheGoodsordeliveryorder.Onpresentationofthisdocument(duly)EndorsedtotheCarrierbyoronbehalfoftheHolder,therightsandliabilitiesarisinginaccordancewiththetermshereofshall(withoutprejudicetoanyruleofcommonlaworstatuterenderingthembindingontheMerchant)becomebindinginallrespectsbetweentheCar

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