Offer valid until 10/09/2007 Please revert ASAP if your Supplier (YARD / End Seller) accepts the below offer. Order Ref: PSA-147-Turkey *  Commodity: Used rails *  Cut length: 1 meter. *  Quantity per month: 30,000MT X 18 = 540,000 MT. *  Contract length: 18 months. *  Target Price USED RAILS CIF India (must be VERY attractive) *  Terms of Payment: - (BG) or LC for the last month shipment. *  Payment: - cash wire transfer ( via T.T.) at destination port. *  Destination : Turkey. *  Origin: at seller's option but NOT from Africa. *  SGS port of Loading. Order Ref: PSA-157-India *  Commodity: Used rails. *  Cut length: 1 meter. *  Quantity per month: 60,000MT X 18 = 1,080,000 MT. *  Contract length: 18 months *  Target Price USED RAILS CIF India (must be VERY attractive) *  Terms of Payment: - (BG) or LC for the last month shipment. *  Payment: - cash wire transfer ( via T.T.) at destination port. *  Destination : India *  Origin: at seller's option but NOT from Africa *  SGS port of Loading NON negotiable procedure At Time Table Meeting seller shows ability to supply, buyer shows ability to purchase. 1  ICPO -  Draft contract 2  At the YARD - Final contract signed 3  BCL & RWA    -      POP & PB2% 4  Buyer's bank-swifts the agreed Payment Instrument 5  Shipment 6  Each shipment paid via cash wire transfer T/T upon ship arrival     at destination REPLY  ONLY  IF PROCEDURE  IS  ACCEPTABLE BY THE YARD Mike White Legal Authorized Buyer's mandate