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Address : #79-2, Shinchon-Dong, Chawon City, KyeongNam 641-370, Korea

Tel : +82-55-286-3341, Fax : +82-55-286-3322, Mail : 0115956037@naver.com

LETTER OF INTENION

Company : Total Pages 1 Page


CC : Mr. Kim young hun Date Dec. 17, 2010

We hereby clarify that we would like to purchase hereinunder specification commodity and
terms & Conditions

1. Commodity : IFO (Intermediate Fuel Oil) or MFO (Marine Fuel Oil)

2. Monthly requirement : 5,000 Ton /Month (Partial shipment allowable)

3. Specification : less than 0.5% sulfate, above 10,200Kcal

4. Delivery Port : Ulsan port of Korea

5. Payment : Irrevocable L/C or T/T

6. Payment condition : Within range of specification @ Ulsan port inspection

Looking forward to having your early attention,


Your Sincerely,

Dong jin Machinery & Power Turbine Co., Ltd.


Kwang-Seob, Shin / President

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