---------------------------MESSAGE HEADER-------------------------

TYPE: FIN 760 (760,798/760)

ISSUER : CFEGDE82 - CREDIT FONCIER IM UND EXPORT GMBH
RECEIVER : PRCBDEFF - PROCREDIT BANK AG
-------------------------- - MESSAGE TEXT---------------------------
:15A:EMPTY
:27:1/1
:22A:ISSU
:72Z:DISCLAIMER OF SWIFT SENDER TO
RECEIVER INSTRUCTION DETAILS WILL
APPEAR HERE.
:15B:EMPTY
:20:CF091408594AU.17
:30:2404XX
:22D:STBY
:40C:OTHR/UCP LATEST VERSION
:23B:FIXD
:31E:2504XX
:50:XXXXABC COMPANY LTDXXXX
ON BEHALF OF AGROS UK MANAGEMENT
CORP LTD
3 ARMSTRONG CLOSE, DAGENHAM, ENGLAND, RM8 1TF
:52D:
CREDIT FONCIER IM UND EXPORT GMBH
BORNWEG 15 - 54426 THIERGARTEN,
GERMANY
:59:/ RS35 2201 9302 0000 7280 29
SOLTECH INVESTMENT DOO
BEOGRAD MATIČNI BROJ: 21142212
PIB 109208027 LOŠINJSKA10C
BEOGRAD, SERBIA
:56A: PRCBDEFFXXX
:32B:USD18000000,00
:77U:TYPE OF INSTRUMENT: IRREVOCABLE TRANSFERABLE
.
ISSUER: CREDIT FONCIER IM UND EXPORT GMBH
BORNWEG 15 - 54426 THIERGARTEN, GERMANY
.
APPLICANT: XXXXABC COMPANY LTDXXXX
ON BEHALF OF : AGROS UK MANAGEMENT CORP LTD
3 ARMSTRONG CLOSE, DAGENHAM, ENGLAND, RM8 1TF
.
BENEFICIARY: SOLTECH INVESTMENT DOO
BEOGRAD MATIČNI BROJ , 21142212 PIB
109208027 LOŠINJSKA10C BEOGRAD, SERBIA
.
BANK OF BENEFICIARY: PROCREDIT BANK AG
SWIFT CODE: PRCBDEFFXXX
BANK ADDRESS: MILUTINA, MILANKOVICA, 11070 NEW BELGRADE, SERBIA
BENEFICIARY ACCOUNT NAME: SOLTECH INVESTMENT DOO
BENEFICIARY IBAN NO : RS35 2201 9302 0000 7280 29
.
AMOUNT:USD 18000000,00 (USD EIGHTEEN MILLION ONLY)
.
EXPIRY DATE AND PLACE: 365 AFTER ISSUANCE DATE / AT OUR COUNTERS,
IN BORNWEG 15 - 54426 THIERGARTEN, GERMANY
.
WE, CREDIT FONCIER IM UND EXPORT GMBH, BORNWEG 15 - 54426
THIERGARTEN, GERMANY, HEREBY IRREVOCABLY AND UNCONDITIONALLY
(EXCEPT AS STATED HEREIN BELOW) WITHOUT PROTEST OR NOTIFICATION
PROMISE TO PAY AGAINST THIS STANDBY LETTER OF CREDIT NO.
CF091408594AU.17 IN FAVOR OF SOLTECH INVESTMENT DOO(HEREINAFTER
REFERRED TO AS BENEFICIARY) ISSUED BY THE ORDER OF
XXX ON BEHALF OF : AGROS UK MANAGEMENT CORP LTD (HEREINAFTER
REFERRED TO AS THE APPLICANT) THE SUM OF USD 18000000.00 (USD
EIGHTEEN MILLION ONLY). UPON PRESENTATION OF AN AUTHENTICATED
COPY OF THIS STANDBY LETTER OF CREDIT AT OUR COUNTERS, ON EXPIRY
DATE BUT
NOT EARLIER THAN FIFTEEN (15) DAYS BEFORE EXPIRY DATE ACCOMPANIED
BY APPLICANT'S CONFIRMATION OF FULFILLMENT OF ALL PARTIES
OBLIGATIONS TOWARDS THE APPLICANT, SENT BY US VIA AN
AUTHENTICATED SWIFT AMENDMENT TO THE BENEFICIARY THROUGH THE
ADVISING INSTITUTION. THIS SWIFT AMENDMENT MESSAGE WILL BE ISSUED
ONLY UPON RECEIPT OF APPLICANT'S ACCEPTABLE INSTRUCTIONS AND
APPLICANT'S FULFILLMENT OF OBLIGATIONS TOWARDS THIS ISSUER OF
THIS CREDIT.
.
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY
DEDUCTIONS, CHARGES, FEES OR WITHHOLDINGS OF ANY NATURE, NOW OR
HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY
THE GOVERNMENT OF THE ISSUING BANK OR ANY POLITICAL SUBDIVISION
OR AUTHORITY THEREOF OR THEREIN.
.
ANY DEMAND FOR PAYMENT HAS TO BE SENT TO US BY BENEFICIARY'S BANK
ACCOMPANIED BY BENEFICIARY'S BANK'S STATEMENT THAT THESIGNATURES
THEREON ARE LEGALLY BINDING FOR THE BENEFICIARY.
.
ANY DISCREPANT CLAIM FOR PAYMENT UNDER THIS STANDBY LETTER OF
CREDIT IS PROHIBITED AND WILL LEAD TO AN IMMEDIATE TERMINATION OF
THIS STANDBY LETTER OF CREDIT.
.
THIS STANDBY LETTER OF CREDIT IS SUBJECT TO CREDIT AND OTHER
TERMS AND CONDITIONS GOVERNING THE ISSUANCE OF THIS CREDIT AND
UCP 600 AND SHALL BE INTERPRETED IN ACCORDANCE WITH THE LAWS OF
ISSUANCE COUNTRY, INCLUDING CREDIT NORMS OF THE ISSUING
INSTITUTION. TERMS OF THIS STANDBY LETTER OF CREDIT SHALL
SUPERSEDE OTHER TERMS INCLUDING THE TERMS OF UCP 600 AND ISBP
681. ANY DISPUTE ARISING IN CONNECTION WITH THIS DOCUMENT SHALL
BE SUBJECT TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE
PROVINCE OF ISSUANCE COUNTRY.
.
THIS IS TO CONFIRM THAT THIS UNDERLYING TRANSACTION IS NOT
DIRECTLY OR INDIRECTLY RELATED TO IRAN, SYRIA, CUBA, NORTH
KOREA,RUSSIA, CRIMEA OR ANY OFAC SANCTIONED ENTITY OR INDIVIDUAL
AND THAT ALL PARTIES TO THIS SBLC ARE ADVISED THAT SPECIFIC
SANCTIONS/EMBARGOES ARE IMPOSED BY REGULATORY/AUTHORITIES
AGENCIES (INCLUDING THE USA, UK, EU, UN) AGAINST CERTAIN
COUNTRIES, ENTITIES, INDIVIDUALS, VESSELS, GOODS, UNDER THESE
MEASURES, WE 'THE ISSUER', MAY NOT BE ABLE TO ENGAGE IN THE
TRANSACTION (ACCEPT OR NEGOTIATE ANY DOCUMENTS OR SETTLE ANY
TRANSACTIONS) THAT IN ITS OPINION WOULD BREACH APPLICABLE
SANCTIONS.
.
:45L:
PROJECT DEVELOPMENT
ORIGIN :SERBIA