TRANSACTION PROCEDURES PURCHASE SBLC(32+2)%

1. Buyer submits Letter Of Intent (LOI) with full banking coordinates (there must be sufficient
cash funds in this account), Enlarged 132% Colour copy of Passport , Client Information
Sheet , Certificate of Incorporation (if applicable), Corporate Resolution (if applicable),
Non-Solicitation Statement, and an Irrevocable Fee Protection Agreement .

2. After conducting due diligence, the Seller will countersign the LOI and return it to Buyer
including details of the SBLC Issuing bank, and Seller’s Passport copy. This LOI
automatically becomes a full commercial recourse contract. Both parties shall lodge the
executed contract with their respective Banks and Buyer will be required to acquire customer
status with our bank by opening a business account with us (LLOYDS BANK PLC, London)with
initial/activation deposit of atleast GBP £40,000 to avoid upfront swift transmission fees.
Meanwhile, buyer may decide to withdraw the deposit and close this account at the end of
this transaction or keep is for further transactions after the first transaction is successfully
completed.

3. Within two (2) banking days, the Seller’s Bank shall send a PRE-ADVICE SWIFT MT-799
to the Buyer’s Bank. (EXHIBIT A ) The PRE-ADVICE shall be valid for four (4) banking
days only.

4. Within the same banking day, the Seller shall email a courtesy copy of the PRE-ADVICE
SWIFT MT-799 to the Buyer for confirmation. Within three (3) banking days after
authentication of the PRE-ADVICE SWIFT MT-799,the Buyer’s Bank shall reply and send a
SWIFT MT-799 ICBPO ( EXHIBIT B ) OR a confirmation Letter to the Seller’s bank and a
courtesy copy shall be sent to the Seller’s email.

5. Within three (3) banking days, after authentication of the Buyer’s SWIFT MT-799 ICBPO
OR confirmation Letter, the Seller’s SBLC Issuing Bank shall send the Standby Letter Of
Creditvia SWIFT MT-760 to the Buyer’s Bank ( EXHIBIT C ) and a courtesy copy shall be
sent to the Buyer’s email. The Buyer’s bank verifies and authenticate the SBLC sent via
SWIFT MT-760.

1. Within three (3) banking days, after authentication of the SBLC sent via SWIFT MT-760, the
Buyer shall send payment to the Seller via SWIFT MT-103 and concurrently pay Consultants
commission fees of Two Percent of each tranche face value. Courtesy copies of the
commission payments shall be sent to the respective consultants/beneficiaries and their
paymasters.

2. Within seven (7) banking days after authentication of receipt of payment to the Seller, the
Seller’s SBLC Issuing Bank shall send the hard copy of the SBLC to the Buyer’s Bank via
Bank Bonded Courier.
3. All subsequent tranches will be based on the same procedures until collateral or funds
become exhausted.

4. Any unauthorized calls by any party or its representative lawyers to probe or communicate in
an improper way to bank(s) in this transaction shall be prohibited and contract terminated.

Should Buyer default to pay the fees to the Seller and the Intermediaries fees as agreed on
this contract within the allowed number of days on authentication of SWIFT MT-760, the
Seller shall instruct the SBLC Issuing Bank to put a claim on the SBLC thereby forcing the
Buyer's Bank to return the SBLC SWIFT MT-760 to the issuing Bank.