Nov. 16, 2004

Dear Mr. Miahael Pikos,

We are in position to arrange the Brazilian ICUMSA Sugar and Indian Icumsa 100 for your goodself at a very copetitive rate.

Pls arrange to send me your LOC/BCL and packing configuaration,etc. through my e-mail: thedynamicark@yaoo.com, pls send the LOI/BCL as PDF attachment through this e-mail as early as possible.