Dear Sirs:

We can offer Icumsa 45 from Brazil as follows:
Sugar ICUMSA 45 RBU
From Brasil
Contract Quantity: 1.000.000 MT
Price:
US$ 128.00/ MT
Contract for 20 months, 50,000 MT / Month
Irrevocable, Transferable Revolving L/C for 19 months
Irrevocable, Transferable DLC for 20th Month as guarantee.

Commodity: White refined Cane Sugar
Polarization: 99.80 Degrees min
Ash Content: 0.08 Max.
Icumsa: 45 RBU Max. (Brazil S.G.S. Scale).
Solubility: 100% Dry and Free Flowing.
Colour: Sparkling White. Maximum 45 Icumsa attenuation index Units (Icumsa method No: 4-1978).
Radiation: Within internationally accepted limits
Granulation: Fine Crystal
Moisture: 0.8% Max.
Magnetic Particles: 4 Mg/k
SO2: 70 Mg/k
ASH By Electrical Conductivity: 0.04% Max. (on dry weight basis)
Sulphur Dioxide: 20 mg/kg Min.
Sediments: None.
Free of any Smell.
Reducing Sugar: 0.05% Max by weight.
HPN Staph Aureus: Nil.
Max AS: 1 P.P.M.
Max PS: 2 P.P.M.
Max CU: 3 P.P.M.
Substance: Solid Crystal.
Packaging: 50kg

If you are interested on our offer please send your LOI to our Panama Office fax (507)263-8035

We need ,50,000 mt of icomsa 45 white crystaline suger cane
In 50kg bags/grade A
CFR Um-qaser/Iraq. With 150-155 target price
Each shipment 25,000mt or 12,500mt
Mobile:00962-79-650 22-82
Eng.Hassan

Dear Sir,

Please find below our offer

COMMODITY: White refined cane sugar
PACKING: 50kg bags
ICUMSA: 45
PRICE: CFR ASWP
PAYMENT: Auto-revolving transferable, divisible, 100% at sight DL/C
PB: 2% max., concrete value has to be agreed separately for each
project
Origin: Brazil

PRICE LIST MARCH 30, 2005 CFR ASWP
For CIF add USD1/MT to each price
------------------------------------
12,500MT USD207
25,000MT USD200
50,000MT USD196
100,000MT USD190
200,000MT USD184
300,000MT USD180

Our sales price for 500,000MT with payment by an irrevocable, transferable,
fully funded or automatic revolving letter of credit, payable 100% at sight
after presentation of the shipping documents in the port of loading is today
USD169/MT CIF ASWP

For raw cane sugar pls. contact us and we will send you separate prices.
Prices are subject final confirmation and may change in accordance with the
present market situation and price development. Sugar is subject unsold.
Minimum possible quantity per each shipment is 12,500MT. Lower quantities
are not possible!

Delivery (shipping) schedule has to come from buyer and has to be agreed.

SPECIFICATION:
Grade: A
ICUMSA: 45 RBU max
Polarisation: 99.80% min.
Moisture: 0.04% max
Sulphate Ash content: 0.04% max
Granulation: medium to find grade
Solubility: 100% dry and free flowing
Radiation: normal w/o presence of caesium or iodine,
certified
Colour: sparkling white. Max 45 ICUMSA
Sediment: none
Smell: free of any odour
Reducing sugar: 0.05% max by weight
Substance: solid, crystal
Magnetic particles: 4 mg/kg max
MAX AS: 1 ppm
MAX PS: 2 ppm
MAX CU: 3 ppm
HPN STAPH AUREUS: NIL

Commodity shall be free from mold, unnatural odours, chemicals and insects,
labelling in English showing net weight, country of origin and that
containing cane sugar.

FOR SERIOUS BUYER ONLY. Inquiry must be send with full contact details and other necessary doc.

If you generally agree with price and conditions, please confirm this soft offer and readiness to sent LOI and BCL
BCL has to include the single sugar price, the quantity and the total contractual amount. A BCL only confirming that the buyer is a client of the bank and has an account there and already made business in the past is not acceptable as it does not confirm that the
buyer is able to fulfil a sugar project with the above total quantity and
price.

Broker agency TIS.
Cherkasy, Ukraine
Hreshatik str. 170/26
Goncharenko Dmitry
Ph. +380472452674
+380504642312 (cell)
e-mail: tisexport@ukr.net
http://tis.oxso.net

Date: May, 2005

Subject: COMODITY : SUGAR ICUMSA45

Dear Sirs,
Thanks for your interest. Here are our details:

COMODITY : SUGAR ICUMSA45
PRICES ARE CFR / DELIVERED (INSURANCE ON BUYERS ACCOUNT)
Prices are Nett, Any Brokerage Comission must be added onto this Price List

PROCEDURES

1. Seller issues Corporate Quotation (CQ) in name of the Buyer. (This Document).
2. Buyer signs, stamps and returns the CQ, completes all information left blank and returns along with Letter of Intent (LOI) in attached format
3. Seller will send draft Full Corporate Offer (FCO) and if acceptable Buyer will arrange for Bank Capability Letter (BCL) in attached format.
4. On receipt and verification of BCL Seller will forward valid FCO to Buyer for signature.
5. Seller will send draft contract to Buyer and settle terms by friendly negotiation.
6. The Buyer must initial the contract and send to the Seller or the Seller’s Mandate to be initialled. The Seller or the Seller’s Mandate will initial the contract and will send it back to the Buyer including a copy of the document appointing the Mandate’ with authority to act.
7. The buyer will send a draft of the Letter of Credit from their bank for approval by the seller and this, when initialled by the Seller, will form a part of the contract.
8. Seller will issue its Corporate Performance Guarantee (CPG) in favour of the Buyer for value specified in the Contract. (Specimen to be attached to Contract)
9. Buyer bank will open active letter of credit.
10. All terms of contract are re-confirmed by an exchange of physically signed hard copies of the contract and contracts are then in full force.
11. Unless otherwise agreed in the Contract the First shipment will commence no later than 45 (forty five) working days from date of issue of the operative Letter of Credit. The remaining consignments will be shipped within each 30 (thirty) day period as defined in the Appendix in the contract on condition that the operative Letters of Credit have been issued at least 30 (thirty) days before the required shipment date.
12. Effect of payment for each consignment shall be effected within 3 (three) banking days after receipt by the Seller's Advising Bank of all documents required for payment.

Quantity USD/TON

12.500 185,00

25.000 175,00

30.000 173,00

50.000 170,00

100.000 165,00

150.000 160,00

300.000 155,00

360.000 153,00

600.000 150,00

1.200.000 145,00

Valid: 05/06/2005

Regards

Dear Sir,

We have a enquiry. Please send us your E-mail address.

Best Regards

Compakt PR