LETTER OF CREDIT

27: Sequence of Total 1/1

40A: Form of Documentary Credit IRREVOCABLE

20: Documentary Credit Number CBLLC10IRQ51

3IC: Date of Issue 30/10/2013

40E: Applicable Rules UCP LATEST VERSION

31D: Date and Place of Expiry 30/01/2014 AT OUR COUNTER

51A: Applicant Bank – BIC CBLJLYLYXXX

CENTRAL BANK OF LIBYA

50: Applicant IMP DRUG COMPANY LTD

PO BOX 5791
TRIPOLI
LIBYA

59: Beneficiary -Name & Address EXP MEDICAL PRODUCTS PLC

DUBLIN BUSINESS PARK
DUBLIN
IRELAND

32B: Currency Code,Amount Currency USD 50,000.00

39B: Maximum Credit Amount +/- 10 PCT

41D: Available With/By Name&Addr ANY BANK

BY PAYMENT

43P: Partial Shipments ALLOWED

43T: Transhipment ALLOWED

44E: Port of loading/Airport of departure

SHANNON IRELAND (SNN) AIRPORT

44F: Port of discharge /Airport of destination

TRIPOLI AIRPORT

44C: Latest date of Shipment 09/01/2014

45A: Description of Goods &/or Services

PQR DRUGS AS PER THE PROFORMA INVOICE NO 8642 ORIGIN OF GOODS: EU
AND/OR U.S.A CIP TRIPOLI, LIBYA

46A: Documents Required

+ SIGNED COMMERCIAL INVOICE - 1 ORIGINAL AND 6 COPIES
+ AIR WAY BILL TRANSPORT DOCUMENT CONSIGNED TO THE ORDER OF CENTRAL
BANK OF LIBYA, TRIPOLI, MARKED NOTIFY IMP DRUG COMPANY LTD, PO BOX
5791,TRIPOLI, LIBYA MARKED FREIGHT PREPAID

+ FULL SET OF INSURANCE CERTIFICATE ISSUED IN FAVOUR OF IMP DRUG

COMPANY LTD FOR 110 PCT OF THE CIP INVOICE VALUE COVERING ALL RISKS
AND WAR RISKS WITH CLAIMING AGENT/REPRESENTATIVE CONTACT DETAILS IN
LIBYA

+ PACKING LIST IN 1 ORIGINAL AND 3 COPIES

+ CERTIFICATE OF ORIGIN - 1 ORIGINAL AND 2 COPIES

47A: Additional Conditions

+ THIS L/C IS ISSUED FOR THE ACCOUNT OF CENTRAL BANK OF LIBYA

+ ALL DOCUMENTS SHOULD SHOW CENTRAL BANK OF LIBYA REFERENCE NUMBER

CBLLC10IRQ51

+ THIRD PARTY DOCUMENTS NOT ACCEPTABLE

+ SHORT FORM/BLANK BACK AIRWAY BILL NOT ACCEPTABLE

+ AIR WAY BILL TO SHOW SHIPPING MARKS AS IMP-DCL 01

+ PLEASE ADVISE THIS CREDIT THROUGH NATIONAL IRISH BANK, DUBLIN,

IRELAND

71B: Charges
+ ALL BANK CHARGES OUTSIDE LIBYA ARE FOR BENEFICIARY'S ACCOUNT

+ AS A BRANCH OF A US FINANCIAL INSTITUTION, WE WILL RESERVE THE

RIGHT AT ANY TIME TO REFUSE PAYMENT OF OR TO REJECT DOCUMENTS
PRESENTED BEARING REFERENCE TO ANY COUNTRY, ENTITY OR INDIVIDUAL
THAT MAY BE THE SUBJECT OF ANY BOYCOTT, SANCTION OR EMBARGO IMPOSED
BY ANY LAWS, EXECUTIVE ORDERS OR REGULATIONS OF THE GOVERNMENT AND /
OR AUTHORITY OF THE UNITED STATES OF AMERICA OR OTHER COUNTRIES
(APPLICABLE RESTRICTIONS) THIS INCLUDES DOCUMENTS EVIDENCING
TRANSSHIPMENT THROUGH ANY COUNTRY AFFECTED BY ANY APPLICABLE
RESTRICTIONS. WE SHALL NOT BE LIABLE FOR ANY DELAY OR FAILURE TO
MAKE PAYMENTS UNDER L/C OR DISCLOSURE OF INFORMATION IN CONNECTION
WITH SUCH DOCUMENTS, OR ANY OTHER CONSEQUENCE THEREOF.

49: Confirmation Instructions MAY CONFIRM

78: Instr to Payg!Accptg/Negotg Bank

UPON RECEIVED OF DOCUMENTS AT OUR COUNTERS CONFORM TO THE TERMS OF
THIS L/C, WE SHALL EFFECT PAYMENT IN ACCORDANCE WITH YOUR
INSTRUCTIONS.
 L.C PROCESS CONTROL
Beneficiary EXP MEDICAL PRODUCTS PLC
Applicant IMP DRUG COMPANY LTD
L/C Number CBLLC10IRQ51
Issue Date 28/10/2013
Amendment Note:
Issuing Bank CENTRAL BANK OF LIBYA
IRISH BANK
Advising / Negotiating bank DUBLIN
IRELAND
Confirmation MAY CONFIRM
IRISH BANK
Available with DUBLIN
IRELAND
Payment terms 41 DAYS AFTER SHIPMENT DATE
Maximum Credit Amount Tolerance +/-10%
Total LC amount 50,000.00
This Shipment Amount 50,000.00
Balance to ship following this shipment 0.00
Currency USD
Invoice date 15/01/2014
Invoice Number
Country appl. LIBYA
Latest Date for Shipment 16/01/2014
Number of Days Presentation Period 21
Expiry Date 07/02/2014
Ship Date 17/01/2014
Date Shipping Documents received 25/01/2014
KPI (Days from ship to receipt of shipping docs) 8
Date of presentation 29/01/2014

PENDING TASK EXPORT EDGE REQUESTS PLANNED SHIPMENT DETAILS

FROM EXPORTER
DAYS LEFT TO PRESENT 3
KPI (Days from ship to presentation) 12
EXPECTED PAYMENT RECEIPT 27/02/2014
Days Sales Outstanding (D.S.O) 41
CRITICAL LEVEL URGENT
Remarks
Ship date (act/est) amount
Shipment 1 17/01/2014 50,000.00
Shipment 2
Shipment 3 0.00
Shipment 4 0.00
Shipment 5 0.00
Shipment 6 0.00
Shipment 7 0.00

Page 1 of 1
 COMMERCIAL INVOICE
Beneficiary: Applicant: Date: 17/01/2014
EXP MEDICAL PRODUCTS PLC IMP DRUG COMPANY LTD Invoice No.:
DUBLIN BUSINESS PARK PO BOX 5791 L/C Ref: CBLLC10IRQ51
DUBLIN TRIPOLI Date of Issue L/C: 28/10/2013
IRELAND LIBYA Issuing Bank: CENTRAL BANK OF LIBYA
LYBIA

Payment Terms: Other Information:

41 DAYS AFTER SHIPMENT DATE
0

Quantity Description of goods Unit Price USD

PQR DRUGS AS PER THE PROFORMA INVOICE NO 8642 0.00 50,000.00

Country of origin: EU AND/OR U.S.A.

0.00
FCA VALUE

FREIGHT 50000.00

INSURANCE PREMIUM

Total Invoice
CIP TRIPOLI, LIBYA INCOTERMS 2010 USD 50,000.00
Value:

CERTIFIED TRUE AND CORRECT

SIGNATURE:

ON BEHALF OF: EXP MEDICAL PRODUCTS PLC

DUBLIN BUSINESS PARK
DUBLIN
IRELAND

Page 1 of 1
 CERTIFICATE OF ORIGIN
1. Consignor (Expediteur) : No.: COPY (Copie)
EXP MEDICAL PRODUCTS PLC
DUBLIN BUSINESS PARK
DUBLIN
Chamber of Commerce
IRELAND

2. Consignee (Destinatarie) : 3. Country of Origin (Pays d'Origine) :

IMP DRUG COMPANY LTD EU AND/OR U.S.A.
PO BOX 5791 LC Ref: CBLLC10IRQ51
TRIPOLI Date of Issue L/C: 28/10/2013
LIBYA Issuing Bank: CENTRAL BANK OF LIBYA
LYBIA

7. Transport details:
Informations relatives au transport (Mention facultative) LYBIA
AIR - SHIPMENT

6. Description of goods
PQR DRUGS AS PER THE PROFORMA INVOICE NO 8642

Quantity: 0

TOTAL: USD 50,000.00

Goods manufactured by:

EXP MEDICAL PRODUCTS PLC

THE UNDERSIGNED AUTHORITY CERTIFIES THAT THE GOODS DESCRIBED ABOVE ORIGINATE IN THE COUNTRY SHOWN IN BOX 3

17/01/2014

Place and date of issue; name, signature and stamp of competent authorithy

Page 1 of 1
 AIR WAYBILL
Shipper’s Name and Address: AIR WAYBILL Number:
EXP MEDICAL PRODUCTS PLC Air Line
DUBLIN BUSINESS PARK Carrier
DUBLIN
IRELAND
Consignee:
TO THE ORDER OF CENTRAL BANK OF LIBYA, TRIPOLI
It is agreed that the goods described herein are accepted in apparent good order
0

Issuing Carrier/Agent Name and City:

Agents IATA CodeAccount No:

L/C Ref: CBLLC10IRQ51

Notify Party:
Airport of Departure: IMP DRUG COMPANY LTD
SHANNON IRELAND (SNN) AIRPORT PO BOX 5791
Airport of Destination: TRIPOLI
TRIPOLI AIRPORT LIBYA

Handling Information: FLIGHT/DATE For Carrier use only

No. Parcels / Cartons

Chargeable Weight Rate Charges Total
Quantity:
FREIGHT PREPAID
0

Description of Goods
PQR DRUGS AS PER THE PROFORMA INVOICE NO 8642
CIP TRIPOLI, LIBYA INCOTERMS 2010

Shipper certifies that the particulars on the face hereif are correct

TO SHOW SHIPPING MARKS AS IMP-DCL 01 and that insofar as any part of the consignment contains dangerous

Total No Of Pallets goods such part is properly described by name and is in proper
condition for carriage according to the applicable regulations..
NAMED AGENT, as agents for NAMED CARRIER, the Carrier.
Date of AWB: 17/01/2014

Page 1 of 1
 INSURANCE CERTIFICATE
Insurance Company name
Address:
Country:

Target Insurance Company Ltd

LC Reference: CBLLC10IRQ51
Date of Issue L/C: 28/10/2013
Issuing Bank: CENTRAL BANK OF LIBYA
LYBIA

Cert. No: Dated: 17/01/2014

This is to certify that the company has insured under OPEN COVER in favour of IMP DRUG COMPANY LTD

From: To: Vessel/Flight name: Commencement of Cover:

SHANNON IRELAND (SNN) AIRPORT TRIPOLI AIRPORT 17/01/2014

Insurance Currency: Insured value:

USD 55,000.00

Insured Interest: description of goods

PQR DRUGS AS PER THE PROFORMA INVOICE NO 8642
Country of origin: EU AND/OR U.S.A.

INSURANCE COVER EFFECTED:

ALL RISKS AND WAR RISKS

The holder of this certificate/declaration is entitled to the above-mentioned insurance cover by virtue of a policy effected for and on behalf of the holders of this
certificate/declaration, and this certificate/declaration will for the purpose of collecting any loss or claims be accepted as showing that the holder is entitled to the
benefit of such policy to the extent herein. In the event of loss or damage for which the insurance company is presumed to be liable immediate notice must be
given to:

AGENT/REPRESENTATIVE
Claims payable at: CONTACT DETAILS IN Target Insurance Company Ltd.
LIBYA
Insurance Agent

Signed by Underwriter:

Not valid unless countersigned for the INSURED Co:

IMP DRUG COMPANY LTD
Additional information:

Signed:

ENDORSED BY: Signed :

Page 1 of 1
 PACKING LIST
Seller:
EXP MEDICAL PRODUCTS PLC Date: 17/01/2014
DUBLIN BUSINESS PARK
DUBLIN Invoice No:
IRELAND
Tel No.: DUBLIN L/C Ref: CBLLC10IRQ51
Fax No.: IRELAND Date of Issue L/C: 28/10/2013
Issuing Bank: CENTRAL BANK OF LIBYA
Ship to: LYBIA
IMP DRUG COMPANY LTD
PO BOX 5791
TRIPOLI
LIBYA

Description of Goods
PQR DRUGS AS PER THE PROFORMA INVOICE NO 8642

Country of origin: EU AND/OR U.S.A.

No. Parcels / Cartons

Quantity: 0
Gross Weight

SIGNED

ON BEHALF EXP MEDICAL PRODUCTS PLC

DUBLIN BUSINESS PARK
DUBLIN
IRELAND

Page 1 of 1
 COVER LETTER

EXP MEDICAL PRODUCTS PLC

DUBLIN BUSINESS PARK
DUBLIN
IRELAND

Date: 29/01/2014
L/C Ref: CBLLC10IRQ51

Advising/confirming Bank's
Name and address: IRISH BANK
DUBLIN
IRELAND
Your reference: 0
KIND ATTENTION : 0

PLEASE FIND BELOW THE DOCUMENTS PRESENTED WITH REFERENCE TO THE ABOVE MENTIONED LC

DOCUMENTS ORIGINALS COPIES

COMMERCIAL INVOICE 1 6
CERTIFICATE OF ORIGIN 1 2
AIRWAY BILL 1 1
INSURANCE CERTIFICATE 1 1
PACKING LIST 1 3

FOR ANY FURTHER QUERIES AND FEEDBACK PLEASE CONTACT AUSTIN RUTLEDGE AT

austin_rutledge@export-edge.com Tel 00353862547141

Please transfer payment to:

EXP MEDICAL PRODUCTS PLC
Citibank Europe Plc
1 Northwall Quay,
Dublin 1.
Ireland
A/C: 120812345
Sort Code: 990051
Swift Code: CITIIE2X
Iban : IE18CITI990051120812345

Signed on behalf of EXP MEDICAL PRODUCTS PLC

DUBLIN BUSINESS PARK
DUBLIN
IRELAND
 24/10/2013 Column4 Column6 Column9 Column10

Applicant GUEST SUPPLIES PLC IMP DRUG COMPANY LTD SAUDICO IMPORTS SPORT EXERCISES
Total LC Amount 17,500.00 50,000.00 25,000.00 65,000.00
L/C Number 49/D/680850 CBLLC10IRQ51 SB-87654 49/D/680851
Amendment Note:
Issue Date 16/12/2013 28/10/2013 10/01/2014 04/10/2013

Issuing Bank WESTERLY BANK CENTRAL BANK OF LIBYA SUN BANK BULGA BANK

Advising /
OBT BANK IRISH BANK BANK OF IRELAND SHAMROCK BANK
Negotiating bank

Confirmation CONFIRM MAY CONFIRM WITHOUT

Available with OBT BANK IRISH BANK BANK OF IRELAND SHAMROCK BANK

41 DAYS AFTER SHIPMENT 120 DAYS AFTER THE

Payment Terms 30 DAYS SIGHT 41 DAYS AFTER SHIPMENT DATE
DATE SHIPMENT DATE

Country Appl. INDONESIA LIBYA SAUDI ARABIA BULGARIA

Currency GBP USD USD EUR
Balance to ship
following this 0.00 0.00 0.00 2,500.00
shipment
This Shipment
17,500.00 50,000.00 25,000.00 62,500.00
Amount
EXPECTED
24/03/2014 27/02/2014 29/04/2014 15/04/2014
PAYMENT RECEIPT

EXPORT EDGE CONTACTS

EXPORT EDGE CONTACTS THE
THE FORWARDER AND
EXPORT EDGE REQUESTS EXPORT EDGE REQUESTS FORWARDER AND SENDS INITIAL
SENDS INITIAL DRAFT OF
PENDING TASK PLANNED SHIPMENT DETAILS PLANNED SHIPMENT DETAILS DRAFT OF DOCUMENTATION
DOCUMENTATION
FROM EXPORTER FROM EXPORTER REQUIREMENTS TO THE
REQUIREMENTS TO THE
FORWARDER
FORWARDER
Total LC Amount 17,500.00 50,000.00 25,000.00 65,000.00
DAYS LEFT TO
39 3 64 -31
PRESENT
Invoice date 20/02/2014 15/01/2014 15/03/2014 12/12/2013
Latest Date for 23/02/2014 16/01/2014 19/03/2014 14/12/2013
Number of Days
21 21 21 21
Presentation Period
Expiry date 16/03/2014 07/02/2014 10/04/2014 04/01/2014
Ship Date 22/02/2014 17/01/2014 19/03/2014 14/12/2013
Date Shipping
25/02/2014 25/01/2014 21/03/2014 17/12/2013
Documents received
KPI (Days from ship
to receipt of shipping 3 8 2 3
docs)
Date of presentation 01/03/2014 29/01/2014 23/03/2014 26/12/2013

KPI (Days from ship

7 12 4 12
to presentation)
Remarks 0 0 0 0
CRITICAL LEVEL OK URGENT OK EXPIRED
Days Sales
30 41 41 122
Outstanding (D.S.O)