Neca Trading Corporation, INC.
7312 Elmwood Avenue, Philadelphia, PA 19142
Phone: 215 492 7751. Fax: 215 492 7752
netracobiz@yahoo.com

Tuesday, June 14, 2005

LETTER OF INTENT

Dear Sir,
We, NECA TRADING CORPORATION, INC hereby confirm with full legal and corporate responsibility and under penalty of perjury that we are ready, willing and able to enter into a contract for the purchase of the following commodity as specified below and that funding is available including any import/export permits needed to fulfill this purchase:

THE PRODUCT: White long grain Rice, 25% Broken.

ORIGIN: ASIA, SOUTH AMERICA, OR USA ETC.

SPECIFICATIONS:

BROKEN KERNELS: 28.0% MAXIMUM

MOISTURE: 14% MAXIMUM

YELLOW KERNELS: 0.05% MAXIMUM

CHALKY KERNELS: 8.0% MAXIMUM

DAMAGED KERNELS: 2.0% MAXIMUM

SMALL BROKEN: 2.0% MAXIMUM

FOREIGN MATTER: 1.0% MAXIMUM

MILING DEGREE: REASONABLY WELL MILED.
SHIPMENTS: 12,500MT
DESTINATION PORT: ASWP
PAYMENT INSTRUMENT: The payment term will be Fully Funded Documentary Letter of Credit (FFDLC)
SHIPMENT: The shipping term shall be CIF.
QUANTITY: 100,000 Metric Tons. (One hundred thousand metric tons)
DESTINATION: CIF ASWP (as per attached Shipping Schedule)
CONTRACT DURATION: Up to 8 months.
PACKING: 50 Kg. PP bags.
TARGET PRICE: $ 207.00 USD/MT CIF basis with US$2.00 commission.
TERMS OF PAYMENT: Irrevocable, Confirmed, Non-transferable LC 100% payable at sight.
PERFORMANCE BOND: 2% from Sellers.
Best Regards.

Daniel W. Nankay, Sr
President/CEO.

Dear Sir,
GROUPE RAMSIA Co. Ltd., and PULSAR ATLANTIC Co. Ltd., Guinea, Conakry are looking for 100,000 mt of 25% broken rice. All volume of rice has to be delivered up to December 2005, CIF Conakry (Guinea) and Dakar (Senegal).
Payment conditions: L/C or direct payment with letter of Guarantee Societe Generale des Banques Guinea (top 100 Bank) or Islamic Bank (top 100).
L/C or L/G on seller’s choice.
Please give us price idea and draft of contract.

Sincerely,
Dr. Renat D. Medzhitov
Head of Groupe Ramsia
Moscow Office
medzh@zelnet.ru
tel/fax: +7-095-532-1601

Agrifood Chanhkhang is the long grain rice processor, trader and exporter of Vietnam long grain rice.
We would like to offer you long grain rice 5% 10% 15% 25%, origin from Vietnam.
Term of delivery FOB Saigon Port, Vietnam or CIF African Ports.
We can fulfil delivery within 30-40 days for 25,000 MT of rice.
Our standard packing 50kgs in PP bag
We can make packing according to customer request.
Our rice specifications are published on
http://www.vietnamrice.netfirms.com

You are requested to send us your LOI and/ or BCL is highly appreciated.

Contact us:
Mr. Phan

Salam,
I need to import Basmati Rice from pakistan to United Kingdom. We have a big company currently running business of imports and exports of fish and frozen foods from all over the world.
I need the best quality Basmati rice (long grain) or Basmati Sela whole without broken. I would be on visit to pakistan in July, If anybody is interested can contact me through email.

Sabir Rehman