HK HACO(GROUP) LIMITED

SOFT OFFER FOR THE 57-58 GRADE IRON ORE FINE

We are pleased to provide potential buyers and commodity related professionals. Commodity which we only

Trade into the international market and, as per our comments and according to your request, we like to inform

You that we are able to supply your demand, as follows;

Name and specification of the subject product: IRON ORE base 58% BELOW %57 REJECTION.

This Soft Offer Is For The Quantity 28.000 MT (+/- 10%)

-Origin: Iran

-Price: 125 USD CNF MAIN PORT OF China

-Latest Shipment: 35 Days after Operative Letter of Credit

-Destination ports: MAIN PORTS IN China

-Inspection: SGS inspection in loading port at seller expenses and CIQ at destination port at buyers

Expenses

-Payment: Irrevocable, Confirmed documentry Letter of Credit.

Payable 100% at sight after SGS report.

SPECS:

FE: % 57.67

SIO2: % 6.68

AL2O3: % 2.815

S: % 0.122

P: %0.044

AU: %13.93

Sizes: 0 10 mm - % 91-98 +10mm %8.02

PROCEDURE

1. The Seller sends a Soft Offer to the Buyer. (This document)

2. The Buyer sends Draft contract to the Seller.

3. The Seller signs and returns the Draft contract to the Seller via fax or email.

4. The Buyer reviews changes, if any, made in the Draft contract by the Seller. If the Buyer agrees to the changes made by the Seller, the Buyer sends, via fax or email, signed Definitive Contract to the Seller, who returns it countersigned.