M/V OCEAN BREEZE March 3 rd, 2003

Dear Sirs,

I, the Master of M/V OCEAN BREEZE hereby inform you that the Bs/L of the cargo of 28654 MT coal in
bulk, which was signed and delivered to you by me is to be released only upon the written confirmation of
the owners, Messrs. ULUSAL DENIZCILIK ve SAN.A.S. – ISTANBUL.
Please kindly sign as an evidence of the receipt of the above mentioned Bs/L, dated March 3 rd, 2003 and
clear understanding of the instruction given herewith on behalf of the owners.

Yours Faithfully,

Capt. Mujdat ALBAYRAK

Master of M/V OCEAN BREEZE

I, .................................................. the representative of the SMT Kherson confirm receipt of the above
mentioned Bill of Lading and clear understanding of the instructions (3 originals).

Date : March 3rd, 2003

Signature : .................................................