Mg Impex Corp Andheri East, Mumbai, Maharashtra

INSPECTION: S.G.S Inspection for Quality and Quantity Service at Seller’s Cost shall inspect the Commodity at Place of Loading. Procedures: 1) Buyer issues a LOIICPO + RWABCL + NCND 2) Seller issues FCO 3) Buyer sign seal and return the FCO 4) Seller issues Draft Contract 5) Buyer sign seal and return the Contract, seller sign the Contract and return to the Buyer 6) Buyer Bank sends a Non-operative SBLCBG to the seller’s Bank 7) Seller’s Bank sends Proof of Products (POP) + PB 2% to the Buyer’s Bank and Activate the Payment Instrument. 8) SBLCBG Becomes operative

These are our procedures: 1. BUYER ISSUES LOI to Saga International Group, LLC 2. Seller Mandate/Associate Mandate to prepare FCO (note procedures with acceptance from buyer on FCO) 3. Buyer to approve FCO with return to seller with a bcl (no soft probes) 4. Seller to prepare sale and purchase draft contract.(BCL necessary or bank statement) 5. Buyer reviews and returns contract by email or fax. At this time buyer must present a draft copy of the lc that will be issued for approval 6. Seller and buyer sign contract and exchange contract by mail. 7. Buyer's Bank chooses the payment method and issues as Pre Advice. 8. Seller's Bank issues 2% performance bond and give POP (Proof of Product) to Buyer's bank. This will activate the non operative financial instrument.( Buyer can proof funds with MT799 (bank to bank), if they don't want to open non-operative LC.) 9. Delivery begins as per contract terms and conditions. Payment terms: via Non transferable IRDLC 100% at sight.

STEAM COAL FROM INDONESIA a. GCV 58-56 b. GCV 63-61 c. GCV 65-63