26 July, 2004

From: Abdul Razak Kanyan - Ch. ZARAZ HORIZONS

TO: Mr. Ashok Bakshi

Dear Mr. Ashok,

We require substantial quantities of the Brazilian Icumsa 45 RBU in huge quantums for our clientele span through out entire Middle East, African Countries and Europe.

We need your detaled specificatons of Unrefined Brazilian Raw Sugar, its competitive price, and also specs and competitive price for Brazilian Sugar Refined, White Crystal Sugar ICUMSA 45 RBU as well.

Pls do hurry up.. All LOI, BCL and contract, etc. would be revealed after knowing the viabilities and workable response. But our L/C would be fully funded and revloving. No Bank GTEE, but 2% Performance Guarantee OK.

Awaiting response ASAP.