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Cantrust Investment (Auckland) Limited

Letter of Intention to Buy


Indonesian Thermal Coal upto1,200,000 MT over 12 months
I (Daniel C.F. Kao),the General Manager of Cantrust Investment (Auckland) Ltd( 728 Chapel Road Howick Auckland New Zealand ) confirms that we are exclusive Trade Negotiators for Datang Xiantan Power Generation Company Ltd. and Guang Dong Yudean Group Co. Ltd. They are able, willing and ready to buy the aforementioned goods as per detailed specs and terms below. I further confirm that both of the firms would take upto 100,000.00 MT per month in total if the quality being satisfied . The specifications are Specifications Limits Calorific Value (air dried) (Gross) Typical 6300 kcal/kg(Gross) Rejection 6100 kcal/kg 15% max. ISO 10% max. BS 17% ISO 1171 45% max. ISO 1.0% 0.1%

Total Moisture (as received) 12% 589 Inherent Moisture(air dried) 8% 1016 -1973 Ash Content (air dried) 13% Volatile Matter (air dried) 42% 562 Total Sulphur Content(airdried) 0.8% max. ISO 351 Chlorine (air dried) 0.016% max. ISO 587 Terms : CFR Southern China Port

Attached two Letters of Intention of Datang Xiantan Power Generation Company Ltd. and Guang Dong Yudean Group Co. Ltd. for your reference . Kindly forward your availability of the commodity, price, terms and conditions to us, it would be very appreciate.

Yours Sincerely Daniel C. F. Kao

General Manager of Cantrust Investment (Auckland) Ltd.

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