PRINCIPLE 1ST, INC

Gentlemen, I am able to get direct quotes from cement plant. Your buyer must request at least 25, 000MT per month x 12. Please forward target price and quantity needed with port of delivery. Also, we currently have these spots, 500MBBL JP54 $49/$44, UNDER 100MBBL $54/$48 and 10-30MMT D2 $410/$430. LNG IS AVAILABLE WITH LOI STATING AMOUNT AND PORT. This offer is FOB Rotterdam or Houston 10% liftable. Please review the following and respond. Can your buying source supply ICPO with soft probe or LOI stating amount of product needed with pricing and Bank letter without account number from top 25 WEB, bank officer confirming ability to buy said product. Once LOI is sent Seller will send FCO. Seller or seller mandate will call buyer after LOI is received. Also will need NCND/IMFPA 1/3 to buyer mandate, 1/3 seller facilitator group, 1/3 intermediaries (equal share, no long broker chains). My current selling source is next to refinery. They are flexible with procedures can do either bank to bank or blue screen. Regards, Ted Mack, II CEMENT PROCEDURE AND TIMING Buyer issues LOI/ICPO with full banking details with authorization for a soft probe. Seller issues FCO (5) five days later maximum. Buyer signs and seals the FCO and sends it back to the seller. Seller issues draft contract in favour of the buyer. Buyer signs and sends back the contract draft to the seller within 48 hours. Buyers bank sends a non operative DLC to the sellers bank for his check. Seller sends 4 (four) hard copies duly signed and sealed. Buyer duly signs and seals all copies and return back 2 (two) copies to the seller. Within 7 (seven) bank working days of signing the original contract, upon receipt of non operative DLC, seller will post the operative performance bond of 2% and proof of product (POP) which will activate the documentary letter of credit. Delivery and shipment to commence as per schedule mutually agreed.