SWIFT700ISSUANCE OF A DOCUMENTARY L/C TO: XXXXXX 27: SEQUENCE OF TOTAL 1/1 40A: FORM OF DOCUMENTARY CREDIT IRREVOCABLE NON

TRANSFERABLE 20: DOCUMENTARY CREDIT NUMBER XXXXXX 31C: DATE OF ISSUE XXXXXXXX 40E: APPLICABLE RULES UCP LATEST VERSION 31D: DATE AND PLACE OF EXPIRY XXXXXX 0: APPLICANT XXXXXX !: BENEFFICIARY " NAME AND ADDRESS XXXXXX 32B: CURRENCY CODE : AMOUNT USD XXXXXX 3!A: PERCENTA#E CREDIT AMT TOLERANCE 10/10 41D: AVAILABLE WIT$%%%BY%%% " NAME & ADDRESS ANY BAN' BY NE#OTIATION 42C: DRAFT AT%%% L/C AT SIGHT FOR 100 PCT OF INVOICE VALUE 42A: DRAWEE ( BIC BAN' OF C$INA 43P: PARTIAL S$IPMENTS NOT ALLOWED 43T: TRANSS$IPMENT NOT ALLOWED 44E: PORT OF LOADIN#/AIRPORT OF DEP% TABONEO ANC$ORA#E) SOUT$ 'ALIMANTAN) INDONESIA 44F: PORT OF DISC$AR#E/AIRPORT OF DESTINATION XXXXXX) C$INA%
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44C: LATEST DATE OF S$IPMENT XXXXXXX 4 A: DESCRIPTION OF #OODS AND/OR SERVICES COMMODITY: STEAM COAL) NET CALORIES VALUE XXXX'CAL/'# /ARB0 COUNTRY OF ORI#IN: SOUT$ 'ALIMANTAN) INDONESIA QUANTITY: XXXXX MT PRICE: XXXXXXX NET CALORIFIC VALUE /ARB0 EXPECTED XXXXXX 'CAL/'# NOT LESS T$AN XXXX 'CAL/'# TOTAL MOISTURE /ADB0 XXXXXX IN$ERENT MOISTURE /ADB0 XXXX AS$ CONTENT /ADB0 XXXX FIXED CARBON /ADB0 XXXX VOLATILE MATTER /ADB0 XXXX TOTAL SULP$UR /ADB0 XXXX $ARD#ROVE INDEX XXX SI1E DISTRIBUTION MORE T$AN !0 PCT S$OULD BE 0 MM( 0 MM AS$ FUSION TEMPERATURE /IDT)DE#%C0 EXPECTED MORE T$AN 42A: DOCUMENTS REQUIRED 1% T$E BENEFICIARY SI#NED COMMERCIAL INVOICE IN T$REE ORI#INALS AND TWO COPIES INDICATIN# T$E VALUE OF #OODS UNDER CONTRACT) T$E CONTRACT NUMBER) L/C NUMBER AND T$E CERTIFICATE OF ANALYSIS ISSUED BY CCIC OR PT SUCOFINDO 2% FULL SET /T$REE ORI#INALS AND T$REE COPIES0 OF 3CLEAN ON BOARD4 S$IPPED BILL OF LADIN# MADE OUT TO ORDER) BLAN' ENDORSED MAR'ED 3FREI#$T PREPAID AS PER C$ARTER PARTY4 AND NOTIFYIN# T$E APPLICANT AT T$E PORT OF DISC$AR#IN#% 3% BENEFICIARY4S CERTIFICATE CERTIFYIN# T$AT ONE SET OF NON NE#OTIABLE S$IPPIN# DOCUMENTS $AS BEEN SENT DIRECTLY TO APPLICANT BY FAX AND/OR EMAIL WIT$IN TWO WOR'IN# DAYS FROM BILL OF LADIN# DATE% 4% CERTIFICATE OF ORI#IN ISSUED BY T$E C$AMBER OF COMMERCE OR AUT$ORI1ED OR#ANI1ATION BY T$E RELEVANT INDONESIA #OVERNMENT AUT$ORITY) IN ONE ORI#INAL AND T$REE COPIES% % CERTIFICATE OF ANALYSIS ON QUALITY AND WEI#$T IN TRIPLICATE ISSUED BY CCIC OR PT SUCOFINDO AT LOADIN# PORT CERTIFYIN# T$E ACTUAL DRAFT SURVEYED QUALITY AND WEI#$T OF T$E CAR#O5

47A: ADDITIONAL CONDITIONS 6PRICE AD7USTMENT/PENALTIES

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1 IF T$E ACTUAL TOTAL MOISTURE /ADB0 OF T$E CAR#O EXCEEDSXXXX T$EN T$E FINAL INVOICE WEI#$T OF T$E CAR#O FOR PAYMENT S$ALL BE AD7USTED IN FOLLOWIN# FORMULA: INVOICE WEI#$T8 WEI#$T OF CAR#O IN CERTIFICATE OF WEI#$T X /1(ACTUAL TOTAL MOISTURE0//1(2290 2 FOR EXCESS TOAL SULP$UR /ADB0% TOTAL SULP$UR /ADB0 MUST NOT BE MORE T$AN 1%09 AND T$E APPLICANT $AS T$E RI#$T TO RE7ECT T$E CAR#O IF TOTAL SULP$URUS ABOVE 1%09% 3 FOR AS$ CONTENT ABOVE 129) T$E APPLICANT $AS T$E RI#$T TO RE7ECT 4 PREMIUM/PENALTIES IN RE#ARDS TO EAC$ S$IPMENT OF STEAM COAL W$IC$ DOES NOT MEET T$E SPECIFICATIONS SET FORT$ IN 4 A OF T$IS L/C) T$E BASE PRICE IN FINAL INVOICE S$ALL BE AD7USTED IN ACCORDANCE WIT$ T$E SPECIFICATION AS STATED IN T$E FOLLOWIN#: A%FOR AIR DRIED BASIS CONTENT IF T$E ACTUAL NET CALORIFIC VALUE /ARB0 SUPPLIED FALLS BELOW OR EXCEEDS T$E #UARANTEED NET CALORIFIC VALUE /ARB0) T$EN T$E PRICE S$ALL BE DERIVED AS PER T$E FOLLOWIN# FORMULA: ACTUAL NCV /ARB0 AD7USTED FOB MV PRICE 8 (((((((((((((((((((((((((((((((((((( X FOB MV PRICE NCV XXXX'CAL/'# /ARB0 IF COAL CONTENT FALLS BELOW NCVXXXX 'CAL/'# /ARB0 T$E S$IPMENT IS RE7ECTED) T$E BONUS/PENALTY TERMS S$ALL BE BASED ON T$E STANDARD OF STEAM COAL) NCV XXXXX 'CAL/'# /ARB0 CALCULATED ACCORDIN# TO INDONESIA CCIC OR S#S INSPECTION STANDARDS WIT$ 1009 PAYMENT AT LOADIN# PORT% 6BOT$ QUANTITY AND CREDIT AMOUNT 10 PCT MORE OR LESS ARE ALLOWED% 6C$ARTER PARTY B/L IS ACCEPTABLE 6T$IRD PARTY DOCUMENTS ARE ACCEPTABLE% 6T/T REIMBURSEMENT IS NOT ALLOWED% 71B: C$AR#ES ALL BAN'IN# C$AR#ES OUTSIDE T$E ISSUIN# BAN' ARE FOR BENEFICIARY:S ACCOUNT% 4;: PEROID FOR PRESENTATION DOCUMENTS TO BE PRESENTED WIT$IN 14 DAYS AFTER DATE OF S$IPMENT BUT WIT$IN T$E VALIDITY OF T$E CREDIT 4!: CONFIRMATION INSTRUCTION
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WIT$OUT 7;: INSTR TO PAY#/ACCPT#/NE#OT# BAN' 6T$E AMOUNT OF EAC$ DRAFT MUST BE ENDORSED ON T$E REVERSE OF T$IS CREDIT BY T$E NE#OTIATIN# BAN'% 6A C$AR#E OF USD;0)00 WILL BE DEDUCTED FROM T$E PROCEEDS FOR EAC$ PRESENTATION BEARIN# DISCREPANCIES IF T$E DOCUMENTS ARE PRESENTED WIT$ DISCREPANCY /IES0 6ALL DOCUMENTS MUST BE SENT IN TO US IN ONE LOT /ADDRESS: BAN' OF C$INA) XXXXXX0 72: SENDER TO RECEIVER INFORMATION /REC/T$IS CREDIT IS SUB7ECT TO U%C%P% 200/20070%

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