CLEAR CUT TECHNOLOGIES.

CC
HEAD OFFICE: 4 BIRCHWOOD COURT MONTROSE STREET, MIDRAND SOUTH AFRICA Registration number 2002/076681/23 Email:gamamr@live.com Tel./Fax +27 11 507 6657 FULL COPERATE OFFER: We, Clear-cut Technology known as sellers are ready, willing and able to under penalty of perjury, to supply you with used rails, under the following terms and conditions: 1- Used Rails (1) Specification: R-50 (51.67kg/m-Gost-7173-75), R65 (64.72kg/m-Gost8165-75) used rails: ISRI27-29 (2) Origin: Russia, Ukraine and South Africa 2- Quality (1) SGS inspectors at loading and off loading ports buyers choice (2) Compensation if the quality is lower than R-50 (51.67kg/m-Gost-7173-75), R65 (64.72kg/m-Gost-8165-75) to be determined in the draft contract. 3- Quantity and Price: The ordered quantities are: 30.000. MT/MONTHLY 4- Price: CIF price US$ 220/ MT Price Basis: Once agreed, it remains same for a period of 12 months. Delivery Terms: This Final FCO is the only way possible our company can execute the contract. After receiving the FCO sent by seller, buyer should peruse through it, sign it and send copy back for sellers record. Upon receipt of the FCO seller should immediately send contract copy for buyers Perusal and original copy will be signed upon his arrival. Buyer should indicate possible Time of yard inspection, no representative is allowed, it is expected that buyer will pay cost of local transportation directly to logistic company of sellers choice A 100% percent LC by a top 25 international banks of buyers choice i.e. DLC or SBLC should be opened by the buyer in favor of sellers CIF financials bank Documents (A) Original copy of the bill of Lading

(B) SGS report from the loading port (C) Master packing list (D) Certificate of origin stamped by the chamber of commerce. . Should the buyer fall to honor above condition after yard visit or after loading the seller reserve the right to sue buyer through ICC and a 5% damage cost of goods has being agreed as damage cost. PROCEDURES: 1. Buyer sends LOI. 2. Seller confirms receipt of LOI and issue FCO 3. Buyer returns a signed FCO for seller record 4. Yard visit is allowed at buyers request, but buyer should note that it is his responsibility to get all government statutory documents with the help of the procurement officer that will enable his visit at a cost, borne buy buyer. 5. Full payment of shipment and delivery terms is stated on terms above. 6. This offer is valid for 14 days from the date of signing the FCO and draft contract. 7 Cut Size (1) Dimension: size of scrap width <30cm length <40cm WEIGHT AND LENGTH: Used rails R50-R65 under ISRI 27-29 length 12.5 meters (1-15ml Weight at 70ibs approximately 33kgw) Appendix 1 Specification: Used rails R50-R65 under ISRI 27-29 Specifications and subject to SGS: C: 0-54- 0.82% Si: 0.18-0.40% Mn: 0.60- 1.05% S: 0.04% max P: 0.035% max

As: 0.01% max of mass share The scrap consists of R-50 (51.67kg/m-Gost-7173-75), R65 (64.72kg/m-Gost8165-75) Used Rails: ISRI27-29

THE SELLER: Mr. Gama Simeon CEO

THE MANDATE Mr. CEO

BUYER