We, Tygan International Trading Holdings, official mandate, herewith confirm on behalf of our principal with full legal responsibility and under penalty of perjury that we are ready, willing and able to sell HMS1 and HMS2 scrap metal on the following terms and conditions:

Commodity: Heavy Melting Scrap(HMS)12(8020)

Consisting of railway steel, tracks, wagons, sleepers, axles, plates,

wheels, fittings and beams.

Quantity: 500,000mt and more

Shipment: To be discussed with seller.

Price: USD 140.00/MT FOB

Origin: Swaziland

Loading port: Richardsbay(SouthAfrica)

Payment: By an irrevocable, transferable, revolving L/C(RLC)fully funded for complete contract value, confirmed(byTop World Bank on buyer's account), payable 100% at sight on presentation of Shipping Documents to CONFIRMING bank, covering monthly shipment quantity on each shipment as automatically revolving every month for the next shipment until completion of total signed contract.

Inspection: By SGS at seller's expense on quality and quantity in the loading port for each shipment(underthe supervision of buyer's representatives at buyer's expense). The SGS inspection report issued in the loading port will be final for both buyer and seller.

Packing: Bulk Loading or as per Buyers requirement

Shipment: Within 30-45 days of receipt of satisfactory and workable LC.

Export license: To be sent to buyer after receiving buyer's transferable Pre-advice PLC.

Contract length: Contract with the fixed price is for 6 months with rolls and extensions.

Remark: No Performance Bond(Sellerand Buyer will negotiate PB terms)

Buyers are welcome to inspect the material at their own cost after agreement on price and signing of contract. In case the above offer is acceptable to you, pl send yr LOI on firm's letter-head duly signed and stamped with bank co-ordinates. The LOI should be addressed to:

TYGAN IT HOLDINGS

Guiseppe Foba

PROCEDURE:

Seller Send FCO, this documents.

The buyer signs the FCO, put the seal and returns it to the seller.

Buyer submits ICPO on own letterhead signed and stamped with official seal, addressed it to Tygan IT Holdings.

The ICPO should contain the following information as a minimum:

Specification of Produce required.

Volume of order.

Bulk or Bags.

Shipping Details Proposed Volumes.

Discharge Rate.

Financial instrument

Banking co-ordinates

Bank name

The buyer sings a commission agreement with the agent(s).

The seller sends the draft contract to the buyer.