The drawee of the bill of exchange under this credit should be _____________--------------------------- Message Header --------------------------Swift Output : FIN 700 Issue of a Documentary CreditSender :BBBAIDJAXXXReceiver :COMMCNSHNNG--------------------------- Message Text ----------------------------27 Sequence of Total1/140A Form of Documentary CreditIRREVOCABLE20 Documentary Credit Number202LC2045631C Date of Issue12072440E Applicable RulesApplicable Rules UCP LATEST VERSION31D Date and Place of ExpiryDate 121015Place IN CHINA50 ApplicantPT. UNICHEMCANDI INDONESIAJL. RAYA CANDI NO.5,SIDOARJO 61271, INDONESIA59 Beneficiary - Name & AddressNameAndAddress GREAT-CHEM MINERALS TRADING CO., LTD.NO.32, S. YUANHU RD. NANNING, GUANGXI530022, P.R.CHINA.PH:86-771-5864041,5853035, FAX: 86-771-586404732B Currency Code, AmountCurrency USDAmount 2675000,39A Percentage Credit Amt ToleranceTolerance1 3Tolerance2 341D Available With...By... - Name&AddrNameAndAddress ANY BANK IN CHINACode BY NEGOTIATION42C Drafts at...AT SIGHT42D Drawee - Name & Address BANK PERMATA - SURABAYA43P Partial ShipmentsNOT ALLOWED43T TranshipmentNOT ALLOWED44E Port of Loading/Airport of Dep.FANGCHENG, CHINA44F Port of Dischrge/Airport of DestTANJUNG PERAK, SURABAYA, INDONESIA44C Latest Date of Shipment12091545A Descriptn of Goods &/or ServicesCRUDE BARITE ORESPECIFICATIONS :S.G. : 4.10 MINSOLUBLE ALKALINE EARTH METALS AS CALCIUM : 250 PPM MAXSIZE : 0-200MM 90 PCT MINMOISTURE : 3 PCT MAXEXCESS MOISTURE MORE THAN 1 PCT SHALL BE DEDUCTED FROMTHE SHIPPED WEIGHTQUANTITY : 25,000.00 MTUNIT PRICE : USD 86.00/MT.CRUDE BARITE ORESPECIFICATIONS :S.G. : 4.21 MINSOLUBLE ALKALINE EARTH METALS AS CALCIUM : 250 PPM MAXSIZE : 0-200MM 90 PCT MINMOISTURE : 3 PCT MAXEXCESS MOISTURE MORE THAN 1 PCT SHALL BE DEDUCTED FROMTHE SHIPPED WEIGHTQUANTITY : 5,000.00 MTUNIT PRICE : USD 105.00/MT.PACKING IN BULKCONTRACT/ORDER NO.UCI201201 DD JUNE 7, 2012FOBST FANGCHENG CHINA INCOTERMS 201046A Documents Required+SIGNED COMMERCIAL INVOICES IN 6 COPIES+PACKING LIST IN 6 COPIES+FULL SET IN THREE ORIGINAL CLEAN OCEAN BILL OF LADING AND 3 NON NEGOTIABLE COPIESTO ORDER OF BANK PERMATA NOTIFY APPLICANT WITH FULL NAME AND ADDRESS, MARKED'FREIGHT PREPAID'+CERTIFICATE OF QUALITY IN 2 FOLDS+CERTIFICATE OF WEIGHT IN 2 FOLDS+SHIPPING COMPANY'S OR IT'S AGENT CERTIFICATE STATING THAT THE CARRYING VESSEL ISNOT MORE THAN 25 YEARS OLD47A Additional Conditions+SHIPPING DOCUMENTS MUST SHOW DOCUMENTARY CREDIT NUMBER AND DATE+DRAFTS MUST BE MARKED AS DRAWN UNDER THIS CREDIT AND MUST BEAR ITS NUMBER ANDDATE+INVOICE MUST MENTION HS NO.2511.10 AND COUNTRY OF ORIGIN : CHINA+NAME, ADDRESS AND PHONE NUMBER OF SHIPPING LINE OR AGENT IN INDONESIA MUST BEMENTIONED ON B/L+CHARTERED PARTY BILL OF LADING ARE ACCEPATABLE+OCEAN BILL OF LADING MUST SHOW INVOICE NUMBER AND DATE BESIDE CREDIT NUMBER ANDMARKED FREIGHT PREPAID EVEN IF TERM OF DELIVERY FOBST FANGCHENG CHINA.B/L MUST MARK 'FREIGHT PREPAID' FREIGHT CHARGES WILL BE ARRANGED BY APPLICANT.+THE CARGO SHALL BE INSPECTED BY CCIC BEFORE LOADING AT LOADING PORT AND THECERTIFICATE OF QUALITY AND WEIGHT ISSUED BY CCIC SHALL BE TAKEN AS BASIS FOR PAYMENT+QUANTITY MORE OR LESS 3 PERCENT ARE ACCEPTABLE+TYPOGRAPHICAL AND SPELLING ERROR IN THE DOCUMENTS ARE NOT TO BE CONSIDERED ASDISCREPANCIES UNLESS WITH SPECIFIC REGARDS TO QUANTITY VALUE, PRODUCTS NAME ANDSPECIFICATION+THE GOODS MUST BE SHIPPED IN AN OCEAN VESSEL+THE SHIPMENT USING BARGE AND TUG BOAT IS NOT PERMITTED+THE SELLER HAS THE OPTION TO LOAD NO MORE 2000 MT OF GREY/BLACK CRUDE BARITE ORE+A DISCREPANCY FEE OF USD 75.00 OR EQUIVALENT WILL BE CHARGED TO BENEFICIARY ON EACHSET OF DOCUMENT PRESENTED WITH DISCREPANCY AND TO BE DEDUCTED FROM PAYMENT OFPROCEEDS.+ONE SET ADDITIONAL COPY ORIGINAL OF SHIPPING DOCUMENTS ARE REQUIRED TO BE PRESENTEDFOR THE ISSUING BANK'S FILE. A USD10 OR EQUIVALENT COPYING FEE WILL BE DEDUCTED FROMPROCEEDS IF IT IS NOT PRESENTED.+ALL PARTIES TO THIS TRANSACTION ARE ADVISED THAT THERE ARE SPECIFIC SANCTIONS IMPOSEDBY U.S AND OTHER GOVERNMENT AND/OR REGULATORY AUTHORITIES AGAINST CERTAIN COUNTRIES,ENTITIES AND INDIVIDUALS. UNDER THESE MEASURES, BANK PERMATA MAY BE UNABLE TO PROCESSTRANSACTION THAT INVOLVES A BREACH OF SUCH SANCTIONS, AND AUTHORITIES MAY REQUIREDISCLOSURE OF INFORMATIONS. BANK IS NOT LIABLE IF IT, OR ANY OTHER PERSON FAILS OR DELAYSTO PERFORM THE TRANSACTION, OR DISCLOSES INFORMATION AS A RESULT OF ACTUAL ORAPPARENT BREACH OF SUCH SANCTIONS.71B ChargesALL CHARGES OUTSIDE ISSUING BANK INCLUDING REIMBURSING BANK'S CHARGES (IF ANY) ARE FORACCOUNT OF BENEFICIARY48 Period for PresentationDOCUMENTS SHOULD BE PRESENTED WITHIN 21 DAYS AFTER THE SHIPMENT DATEBUT WITHIN THE L/C VALIDITY.49 Confirmation InstructionsWITHOUT78 Instr to Payg/Accptg/Negotg Bank+ALL DOCUMENTS MUST BE FORWARDED IN ONE LOT BY COURIER SERVICES TO :BANK PERMATA, JL.TUNJUNGAN NO.52, SURABAYA, INDONESIA, ATTN. BILLS SERVICES.+WE SHALL REMIT THE PROCEEDS AS PER YOUR INSTRUCTION UPON RECEIPT OF THE DOCUMENTSSTRICTLY IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS LETTER OF CREDIT72 Sender to Receiver Information//ACKNOWLEDGE RECEIPT BY SWIFT--------------------------- Message Trailer -------------------------{5:{MAC:00000000}{CHK:A9DCC8E02CBC}}NEGOTIABLE COPIES CARRYING VESSEL IS NUMBER ANDCREDIT NUMBER AND BASIS FOR PAYMENT CONSIDERED AS PRODUCTS NAME AND CRUDE BARITE ORE BENEFICIARY ON EACH FROM PAYMENT OF TO BE PRESENTED DEDUCTED FROM SANCTIONS IMPOSED CERTAIN COUNTRIES, UNABLE TO PROCESS AUTHORITIES MAY REQUIRE PERSON FAILS OR DELAYS ACTUAL OR CHARGES (IF ANY) ARE FOR OF THE DOCUMENTS