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363010 BOCSU CM

14027A LASD NL

100492 16.35

MSG.: 001

TO: BANK OF CHINA, SHANGHAI, CHINA.

FM: F. V AN LANSCHOT BANKIERS N. V., AMSTERDAM, THE NETHERLANDS.

DD: 9TH APRIL 1998

TEST: 361085 BETWEEN OUR HEAD-OFFICE SHFPIOGEMBOSCH AND YOUR SHANGHAI (FOR USD. 91, 061. 90 DA TED 10TH APRIL 1998).

WE HEREWITH OPAN OUR IRREVOCABLE DOCUMENTARY CREDIT NO. AM/V AO515ILC

BY ORDER OF : TIVOLI PRODUCTS PLC

BERSTOFSGADE 48,

AMSTERDAM,

THE NETHERLANDS

IN FA VOUR OF : UNIVERSAL TRADING CO., LTD.

RM. 1201-1216 MAYLING PLAZA.

131 DONGFANG RD., SHANGHAI CHINA

FOR AN AMOUNT OF : USD9l,061.90

EXPIRY-DATE : 15TH JUNE 1998

FOR NEGOTIATION IN CHINA.

THIS DOC. CREDIT IS A V AILABLE

BY NEGOTIATION OF BENEFICIANY’S DRAFT(S) AT 45 DAYS AFTER SIGHT DRAWN ON F. VAN LANSCHOT BANKIERS N.V., AMSTERDAM, THE NETHERLANDS, ACCOMPANIED BY THE FOLLOWING DOCUMENTS:

1)SIGNED COMMERCIAL INVOICE IN QUINTUPLICATE INDICATING

BENEFICIAJRY’S CONTRACT NUMBER AND OUR ORDER NO. 98-CS004

2)PACKINGLIST/WEIGHT14EMO IN TRIPLICATE MENTIONING TOTAL MUMBER

OF CARTONS, GROSSWEIGHT AND MEASUPEMENTS PER EXPOPT CARTON.

3)2/3 OF ORIGINAL CLEAN QN-BOARD MARING BILLS OF LADING, PLUS 3 N.

N.COPIES, MADE OUT:“TO ORDER”,AND BLANK ENDORSED MARKED:“FREIGHT PREPAID”SHOWINGAS NOTIFY THE APPLICANT(GIVING FULL NAME, ADDREES AND PHONE NUMBERS).

4)FULL SET 3/3 OF MARING INSURANCE POLICY OR CERTIFICATE, ENDORSED IN

BLANK FOR 110 PERCENT FULL CIF V ALUE, COVERING INSTITUTE CARGO CLAUSES (A) AND W AR CLAUSES OF INSTITUTE CARGO CLAUSES.

5)G.S.P. CERTIFICIATE OF ORIGIN FORM A IN DUPLICATE THAT THE GOODS ARE

OF CHINESE ORIGIN.

6)BENEFICIARY’S CERTIFICA TE STA TING THA T ONE SET OF NON-NEGOTIABLE

SHIPPING DOCUMENTS TOGETHER WITH THE 1/3 ORIGINAL B/L HA VE BEEN SENT TO THE APPLICANT BY DHL WITHIN 48 HOURS AFTER SHIPMENT.

7)COPY OF BENEFICIARY'S TELEX/FAX SENT TO APPLICANT (TELEX-NO.: 13174 +

TIV NL OR FAX-NO.:+(31)74 12 37 37) WITHIN TWO WORKING DAYS AFTER SHIPMENT INDICA TING DA TE OF DEPARTURE, SHIPPING MARKS, NUMBERS OF LC, B/L, CONTRACT AND ORDER AS WELL AS NUMBER OF CARTONS TOGETHER WITH THE TOTAL GROSSWEIGHT AND GOODS V ALUE.

COVERING:

5 ITEMS OF TOTAL 2960 SETS AND 8498 PCS. OF PLUSH TOYS AS PER: APPLICANT'S ORDERNUMBER AND BENEFICIARY'S CONTRACT NUMBER HY98CS004.

LABEL: CE/IMP. 087 FOR ARTICLES KB7900,KP2273 AND KB0278 AND

LABEL: F-TOYS 2280 FOR ARTICLES KB0677 AND KC2048

PACKING IN NEUTRAL SEAWORTHY EXPORT CARTONS SUITABLE FOR LONG DISTANCE OCEAN TRANSPORTATION.

SHIPPING MARKS TO READ AS FOLLOWS: CE/IMP.087

CHRISTIAENS

VIA AMSTERDAM

CARTON NO.1 AND UP

FOLLOEED BY: ARTICIE NUMBER AND

F-TOYS 2280

GROBBENDONK

VIA AMSTERDAM

CARTON NO.1 AND UP

FOLLOWED BY: ARTICLE NUMBER

TERMS OF DELIVERY : CIF AMSTERDAM (INCOTERMS 1990).

ALL OF THE ABOVE MUST BE STATED ON THE INVOICE AND PACKING LIST.

PARTIAL SHIPMENTS : PROHIBITED.

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