CECOTRADING INC.

Dear Sir This is the procƒ‚©dure for a *0 **0 tn HSS buyer. Please read it and advise if convenient to you. Thanks Procedures for high seas sugar: 1. Seller sends copy of the bill of lading to Buyer, along with a copy of the SGS inspection documents. 2. Buyer issues payment in the form of MT **3/*3 to Sellerƒs bank within *8 hours of receiving copies of bill of lading and SGS inspection. 3. Buyerƒs bank contacts vessel and requests original documents sent to Buyerƒs bank. 4. Buyerƒs bank receives original bill of lading and SGS documents, etc., and confirms same. 5. Buyerƒs bank instructs Sellerƒs bank to remove conditions on MT **3/*3. Payment is made. At this point the sugar is diverted to Buyer's destination port. It is a cash transaction, bank to bank. Please confirm your way forward. Awaiting your valued response Respectfully yours