SALES CONTRACT BUYER (1): PT DODA PERKASA NUSANTARA ‘SELLER KOREA DEVELPMENT CO, LTD { KOREA DEVELOPMENT CO., LTD ], as Seller, hereby confirms having sold to [ PT. DODA PERKASA NUSANTARA J as Buyer, the following goods by this sales contract made on the above date and on the terms and conditions hereinafter set forth. Article 1 (Sign of Making machine) The types, quantity and amount of the machine which the Seller must make and deliver to the Buyer's designated place are as follows. 1, ENGINE ser 1 US 726,000 aay nae ‘SET 1 US 530,000 3. TUG BOAT ‘SET 1 US 100,000 4, SPECIAL STEEL STRUCTURE ser 1 US 550,000 FOR BARGE LOADING TOTAL US 1,906,000 (Attach a Quote) Article 2 (Amount and Payment Method) The total contract amount will be US 1,906,000 as follows. (1) Payment : After the goods arrive, the dredoer and site are manufactured and paid after 3 months when the dredge and site are operated normally. (2) Guarantee : The guarantee for this payment is guaranteed by Mr. Noh Hyun=cheol, the major shareholder of PT. DODA PERKASA NUSANTARA