Formatted Outgoing SWIFT message ISSUING BANK : BANGKOK BANK PLC, HONGKONG.

SWIFT CODE :BKKBHKHH ADVISING BANK/BEBEFICARY;S BANK : BANK MANDIRI, JAKARTA,INDONESIA. SWIFT CODE : BMRIIDJA : 27 : : 40A : : 20 : :31C : 40E : Sequence of Total : 1/3 Form Of Documentary Credit : IRREVOCABLE Standby Documentary Credit number LC NO : XXXXXXXXXXXXXX Date Of Issue : 110921 Applicant: SUNNY DEVELOPING COMPANY

14/F.,Flat B, N0.300-302 Des Voeux Road, Central,HongKong.

: 31D : : 50 : Date and Place Of Expiry 111121 AT INDONESIA Beneficiary : CV.PANDAWA BARA PERKASA JL.BUKIT CINERE DEPOK,JAKARTA,INDONESIA. Currency Code,Amount : USD 2,580,000 Percentage Credit Amount Tolerance 10/10 Available With By BY NEGOTIATION A : 42C: Draft at. AT SIGHT

: 32B: : 39A: : 41D:

FOR 100 PCT OF INVOICE VALUE : 43P: : : 43T : : 44E : : 44F: : 44C: Partial Shipment: NO ALLOWED Transhipment NO ALLOWED Port Of Loading ANCHORAGE OPEN SEA,SOUTH KALIMANTAN,INDONESIA Port Of Discharge : RIZHAO PORT, CHINA Latest Date Of Shipment: 111106

: 45A : Description Of Goods: Name Of Commodity: PURE INDONESIA STEAM COAL GCV 6300/6100 Origin : INDONESIA Quantity : 30,000MT (+/- 10 PCT) Price : FOB MV US$ 88/per metric ton. Specification GUARANTEE REJECTION TOTAL MOISTURE (ARB) 16% MAX ABOVE 18% INHERENT MOISTURE(ADB) 10% MAX -----ASH CONTENTS (ADB) 14% MAX ABOVE 16% VOLATILE MATTER(ADB) 43% MAX 46% TOTAL SULPHUR(ADB) 1% MAX ABOVE 1% GROSS CALORIFIC VALUE(ADB) 6300Kcal/KG BELOW 6100Kcal/KG HARD GROVE INDEX(HGI) 40-45 MIN SIZE(MM) 0-50MM 90% MIN : 46A : Documents Requirements: THE FOLLOWING DOCUMENTS TO BE PRESENTED WITHIN 14 DAYS AFTER SHIPMENT DATE BUT WITHIN THE LC VALIDITY,PROVISIONAL. PAYMENT SHALL BE MADE BASED ON 100PCT FOR FOB MV VALUE OF CARGOES: + BENEFICIARYS MANUALLY SIGNED AND STAMPED 100PCT VALUE OF COMMERCIAL INVOICE IN 3 ORIGINAL AND 3 COPIES INICATEING CONTRACT NO. AND LC NO. + 3/3 FULL SET OF CLEAN ON BOARD ORIGINAL OCEAN BILL OF LADING MADE OUT OF TO ORDER AND BLANK ENDORSED,MARKED FREIGHT

PAID BY CHATER PARTY AND NOTIFYING THE APPLICANT: + 1 COPY OF CERTIFICATE OF ORIGIN ISSUED BY INDONESIAN CHAMBER OF COMMERCIAL. + 1 COPY OF CERTIFICATE OF QUALITY(SAMPLING AND ANALYSIS) ISSUED BY SGS,INDONESIA OR INTERTEK,SINGAPORE AT LOADING PORT. + 1 COPY OF WEIGHT ISSUED BY SGS,INDONESIA OR INTERTEK,SINGAPORE AT LOADING PORT. + BENEFICARYS CERTIFICATE CERTIFYING THAT ALL THE OCUMENTS REQUIRED BY THIS SBLC HAVE BEEN COURIERD TO THE APPLICANT AND RELATED COPY OF COURIER RECEIPT SHOULD BE ACCOMPANIED. ALL OCUMENTS MUST INDICATING LC NO.,CONTRACT NO,AN BL NO. FOR THE PURPOSE OF INDENTIFICATION,THE BENEFICIARYS SIGNATURE (S) ON THE DEMAND IN WRITING MUST BE VERIFIED AND AUTHENTICATED BY THE PRESENTING BANK WHICH MUST CONFIRM TO THIS EFFECT THROUGH AUTHENTICAQTED SWIFT MESSAGE TO US ALL CHARGES UNDER THIS SBLC OUTSIDE ISSUING BANK ARE FOR ACCOUNT OF THE BENEFICARY. THIS STANDBY LETTER OF CREDIT SHALL BE VALI D FROM ISSUING DATE AND IT SHALL REMAIN IN FORCE UNTIL A) THE DATE OF OUR RECEIPT OF THE FUND TRANSFER DOCUMENT(S) UNDER THE CONTRACT BY THE APPLICANT OR B) MARCH 30,2011 WHICHEVER OCCURE EARLIER. THIS SBLC WILL BECOME NULL AND VOID UPON EXPIRY WHETHER THE ORIGINAL SBLC IS RETURNED TO THE APPLICANT OR NOT. :47A : Additional Conditions : + THIRD PARTYS DOCUMENTS ACCEPTABLE (EXCEPT THE INVOICE AND THE DRAFT) + CHARTER PARTY BL ACCEPTABLE + BL DATE BEFORE LC OPENING DATE OR CONTRACT DATE IS NOT ACCEPTABLE + ALL DOCUMENTS MUST BE ISSUED IN ENGLISH. + BOTH QUANTITY AND AMOUNT 10PCT MORE OR LESS ARE ALLOWED + IN CASE THERE IS AMENDMENT TO THE SAID LC, BENEFICIARYS CERTIFICATE CONFIRMING THEIR ACCEOTANCE OR NON-ACCEPTABLE OF AMENDMENT MADE UNDER THIS SBLC QUOTING THE RELEVENT

AMENDMENT NUMBER IS REQUIRED. THIS LC IS SUBJECT TO ISP98 THE PLACE OF JURISDICTION IS HONGKONG.

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