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Factory Acceptance Test Confirmation ‘Article 24 (6) 65% ofthe contract price shall be pid upon completion ofthe Factory ‘Acceptance Test ("FAT:) as described herein and interim delivery Ex- Works Seller's yard in Chuenyou, PC. poe to shipping. ‘Chuanyou Guanghan Honghua Co, Lid has condvcted the FAT is defined in Schedule 4.tofthe Purchase Agreement. The FAT was compleed end Rig Number 16_ dpa the factory on 7.1 7 06. for Shang. Confirmation ofthe FAT and intr delivery by ‘Chuznyou Gaanghan Hongha Co.L1d OLPyremid Noted technical exceptions: [es [Bessien " —————Treesteanico Rags —J] V/16 mast soe bolts wih Gorse: thread | HH will air eight to Libya length 2 [tostall eas AP (DWESTETRET) Tobe Tanalled in hy [5__[ amet bots or evier mun tw HE wi a ih tees Libya ‘+ Taxa anspor padeyes Tors spreaders | No Pyramid deal dawing for (DBS787 042) spades, coe installed in Libya 3 [ Allydiaulic hoses and ings “To be supplied by Pyramid (6 [Test ft lst dolly to mast middle ection | To be performed in Libya 7 [Revision 3 (DBK-M760 shi) Tobe performed in Libya | Revision 6 (DEM 70) Tobe performed in Libya 9 Exta fot washers installed mas aling | To be removed in Libya Garng cylinder shoes and mast articulating | evlinder instalation inde shoes 10] Piece AB, AE, AD DKS) Toheperirmed a iy FAT conducted with eylindess~ No Invoice to be submited to MH-Pyremid with copy of his confimastion atached

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