PET FLAKES

SALES CONTRACT / PROFORMA INVOICE

I. CONTRACTING PARTIES: Prepared in Dhaka, Bangladesh
a) SELLER: SLS (PVT) LTD. Proforma Invoice Number & Date:
24, STATION ROAD, TEJGAON SLS/ xxxxxx /EXP/xxx/2005
DHAKA-1215, BANGLADESH Date: 29-Sep-05 (29-9-2005)
Tel: 880-2-9131405, 9121977; Fax: 880-2-8119232

Our Bangladeshi Export Licence No. RA-62395
(Our AQSIQ Regn Licence No. A050040048)

b) BUYER:

CHINA

TEL.:
FAX:

ATTN.:

II. Subject of the Contract:

SL. Description of items Quantity Price Per MT Total Amount
Waste Plastic Scraps: MT US$ per MT CNF US Dollar
1 PET Bottle Cut, Washed & Dried Flakes (Clear-Neutral) 25 $710.00 $17,750.00
1 PET Bottle Cut, Washed & Dried Flakes (Green) 25 $650.00 $16,250.00

In words: CNF Shanghai by Sea in US Dollar Thirty Four Thousand only. $34,000.00

III. Quantity: 50 MT (PET Clear and Green Flakes +/-10% in quantity and amount is allowed).
IV. Port of Shipment: Chittagong Sea Port, Bangladesh.
V. Destination Port: Shanghai Sea Port, China.
VI. Packing: In Woven Poly Bags of 25kgs., but Not in Wood Packing.
VII. Shipment: On or before 31st October 2005 (31-10-2005)
Partial and Trans-shipment to be written as "Allowed" in the L/C.
VIII. Origin: Bangladesh.
IX. Payment Terms: By Irrevocable Letter of Credit. Draft at sight, in favour of SLS (PVT) LTD.
Address: 24 Station Road, Tejgaon, Dhaka-1215, Bangladesh
For 100 percent Invoice Value.
X. Validity of Offer: This offer is valid up to 6-10-2005
XI. H.S. Code No.: 3915.90.00 and 3915.90.10

Signature of the Managing Director
of SLS (PVT) LTD. (Seal affixed)