CV. BATU MAS SEJAHTERA

No : BMS-Rs 07Ml12 Attachment : -

FULL CORPORATE OFFER

Banjarmasin, June 6&, 2012

Attn : Mr/Mrs/Ms. Subject : Steam Coal Offer

Dear Sir,

We hereby ready and c o n f i to offer you Steam Coal in Bulk with Specification and term as follow: Commodity : Steam Coal in Bulk origin : South Kalimantan Quantity : 50,000 MT per month (* 10%) Jetty Capacity : 3 ( three) ports ,6 (six) jetty (Cap. 300 - 320 feet).

Delivery Price Term of Payment Jetty locations Leading Rate Validity Offer Laycan

: FOB MVessel at south Kalimantan port : USf93mt ( ninety three united state dollars)lmt : 100 % At sight UC , irrevocable, confirmed &om world class International Bank. :; "IMCM" , "DTBS" and"CENKO"( Asam asam). South Kalimantan

: 8,000 per dayljetty : 5 (five) days : start at June/July, 2012

No

1 2 3 4 5 6

7 8

Sincerely Yours,

Rejection

>I8 %

> I 6 %

> I %max <6,100 KcaVkg or

A f i s Ibrahim Director

Standard

ASTM ASTM ASTM ASTM ASTM ASTM

ASTM ASTM

Description

Total Moisture Inherent Measure Ash Content Volatile Matter Total Sulfur Calorific Value

HGI Size 0-50

ARBlADB

ARB ADB ADB ADB ADB ADB

Seller Charantee

16% 14 % max 1 2 % - 14% 40 % 1 % 6,300 Kcavkg

45 - 50 90 %

CV. BATU MAS SEJAHTERA General Trading - Coal & Mining

FULL CORPORATE OFFER

Ehdung, May 25 th, 2012

Subject : Steam Coal M a

Dear Sir, We hereby mdy and eonfirm to offer yuo Steam Coal in Bulk with Specification and t m as follow: Commirdity :Sk%mCoalinBulR Origin : Sotrth Katitmmm Quantity : 30,000 MT per month (* 10%) Jetty Capacity : 3 (Three) jetty (Cap. 270 - 300 feet)

I I I I 1 I

Deliwry : CnF pelabuhan Beringhi, Mdcassar P a r Price : Rp 665.000,- per MT (net) Term of Payment : SKBDN lW! dgn perincian Wh ( cair &ah mt), &a 40%

setelah sampai di pelabuhan Beringkasi Loading Rate : 8,000 per &y

Validity Offa : 9 (nine) days