外销员

Bank of Liverpool

NO.97425

Date: May21, 2002

Documentary Letter of Credit

Irrevocable

TO: China Native Produce and Animal By-products Import and Export Corporation

Beijing, China

Advising Bank: Bank of China, Beijing

Dears Sirs,

You are authorized to draw on British Import Co., Ltd. for a sum not exceeding ①US$ 10，000 (Say US DOLLARS TEN THOUSAND ONLY) available by draft drawn on them at sight accompanied by the following documents:

--Full set of Clean on Board Bills of Lading made out to order and blank endorsed, marked “freight to collect” ②dated not later than July 31, 2002 and notify accountee.

--Signed Commercial Invoice in quintuplicate.

--British Customs Invoice in quintuplicate.

--Insurance Policies (or Certificates) in duplicate covering All Risks and War Risk for 110% of invoice value as per CIC of January 1st, 1981.

Evidencing shipment from China port to Manchester, England of the following goods: ③

500 kilograms of black tea, first grade, at ￡20 per kilogram, CIF Liverpool, details as per your S/C No. SW8712.

Partial shipments are allowed.

Transshipment is prohibited. ④

Their credit expires on July 31, 2002 for negotiation in China. ⑤

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