SALESCONFIRMATIONS/CNo.:SS-02-158Date:15/Apr/02TheSeller:SHANGHAISHENGSHIIMP./EXP.CO.,LTDTheBuyer:WWWTRADINGJAPANCO.,LTDAddress:18FL.SHENGSHIBUILDING,Address:WWWTRADINGBUILDING,1-CHOME,168ZHONGSHANROAD(N),CHIYODAKUTOKYO102,JAPANSHANGHAI,CHINAItemNo.Commodity&SpecificationsUnitQuantityUnitPriceAmount(US$)(US$)CIFTOKYO100%SILKSCARVES9711100X150CMSPCS10,000$10.00$100,000.00981150X150CMSPCS13,600$5.00$68,000.00TTL23,600$168,000.00TOTALCONTRACTVALUE:SAYTOTALU.S.DOLLARSONEHUNDREDANDSIXTYEIGHTTHOUSANDONLYPACKING:ONEPCINTOAPOLYBAG,10PCSINTOAMIDDLEPOLYBAG,50PCSPERCARTONTOTALLYINTO1X40'CONTAINERPORTOFLOADINGFROMSHANGHAI,CHINATOTOKYO,JAPANBYSEA&DESTINATION:TIMEOFSHIPMENT:ONORBEFOREJUN.30,2002TERMSOFPAYMENT:IRREVOCABLESIGHTL/C.THERELEVANTL/CSHOULDREACHTHESELLERBEFOREMAY10,2002.OTHERWISE,THESHIPMENTMAYBEDELAYED.ANDTHEBUYERSHOULDBERESPONSIBLEFORTHELATESHIPMENTORANYOTHERDISCREPANCIESARISINGFROMTHIS.INSURANCE:TOBEEFFECTEDBYTHEBUYERFOR110%OFINVOICEAMOUNTAGAINSTALLRISKSANDWARRISKSASPERPICCCLAUSESConfirmedby:THESELLERTHEBUYERSHANGHAISHENGSHIIMP./EXP.CO.,LTDWWWTRADINGJAPANCO.,LTDXXX(signature)XXX(signature)HONGKONG&SHANGHAIBANKINGCORP.IncorporatedinHongKongwithlimitedliabilitySHANGHAIBRANCHP.O.Box008-110,365TianTianRoad,ShanghaiSHANGHAISHENGSHIIMP./EXP.CO.,LTDOURREF.:2002-08-S18818FL.SHENGSHIBUILDING,Date:MAY4TH,2002168ZHONGSHANROAD(N),SHANGHAI,CHINADearSirs,IRREVOCABLEDOCUMENTARYCREDITNO.S-188CNInaccordancewiththetermsofArticle7aofUCP500weadvise,withoutanyengagementonourpart,havingreceivedthefollowingteletransmissionDatedMAY4TH,2002FromBANKOFTOKYO,THETOKYO15-1,1-CHOME,CHUO-KU,TOKYO,JAPAN40AFORMOFDC:……………….IRREVOCABLE20DCNO:………………………S-188CN31CDATEOFISSUE:……………MAY3RD,200231D15-Jul-0250WWWTRADINGJAPANCO.,LTDWWWTRADINGBUILDING,1-CHOME,CHIYODAKUTOKYO102,JAPAN59BENEFICIARY:……………….SHSHANGHAISHENGSHIIMP./EXP.CO.,LTD18FL.SHENGSHIBUILDING,168ZHONGSHANROAD(N),SHANGHAI,CHINA32BDCAMOUNT:………………..USD168,00.0041DAVAILABLEWITH/BY…….ANYBANKINCHINABYNEGOTICATION42CDR...