Irrevocable documentary creditNumber: LC123-2588

Irrevocable documentary credit

Number: LC123-258866

Date: August 24,2003

Date and place of expiry : October 30, 2003, Qingdao, China

Advising bank: Bank of China

Beneficiary: China XYZ import and export corp.

Applicant: UVW corporation.

Total amount: USD9000 （SAY US DOLLARS NINE THOUSAND ONLY）

Shipment from: Qingdao China

To: Osaka Japan

At the latest: October 15, 2003

Description of goods: 100% Cotton Towel as per S/C No. CH200

Total quantity: 8000 pieces packing: 800 Cartons

Total gross weight: 20000 KGS

Total measurement: 30CBM

Price term: CIF Osaka

Following documents required:

+Signed commercial invoice in three copies.

+Full set of clean on board ocean bill of lading made out to order and endorsed in blank and marked “freight prepaid” and notify applicant.

+Insurance policy for 110 PCT of the invoice value covering the Institute Cargo Clauses （A）, the Institute War Clauses.

Ocean Vessel: “Golden Star” Voy. No.: 018E

Container No GSTU3156712/20’

Marks & Nos : ITOCHU OSAKA NO.1-800

Laden on board the vessel : October 14,2003

B/L date: October 14,2003

B/L signed by BBB shipping agency

Carrier: AAA Shipping Co.

Shipper

（1） Consignee

（2） Notify Party

（3） Pre-carriage by Place of Receipt

Ocean Vessel Voy. No. Port of Loading

（4） （5） Port of Discharge Place of Delivery

（6）

Container

No.

（7） Seal No.

Marks & Nos.

（8） No. of Containers

or P kgs

（9） Kinds of Packages; Description

of Goods

（10） Gross Weight

kgs

（11） Measurement

TOTAL NUMBER OF SAY ONE CONTAINER ONLY

CONTAINER OR PACKAGES （IN WORD）

Freight & Charge

（12） Revenue Tons Rate Per Prepaid Collect

Ex. Rate. Prepaid at Payable at Place and date of lssue（13） Total Prepaid No. of Original B（s）/L

（14） Signed for Carrier,

（15）

LADEN ON BOARD THE VESSEL

DATE

（TERMS PLEASE FIND ON BACK OF ORIGINAL B/L）