20 January 2004

Kee & Co., Ltd

34 Regent Street

London, UK

Dear Sirs:

This is to confirm your telex of 16 January 2004, asking us to make you firm offers for rice and soybeans C&F Singapore.

We telexed you this morning offering you 300 metric tons of polished rice at A$2,400 per metric ton, C&F Singapore, for shipment during March/April 2004. This offer is firm, subject to the receipt of your reply before 10 February 2004.

Please note that we have quoted our most favourable price and are unable to entertain any counter offer.

With regard to soybeans, we advise you that the few lots we have at present are under offer elsewhere. If, however, you were to make us a suitable offer, there is a possibility of our supplying them.As you know, of late, it has been a heavy demand for these commodities and this has resulted in increased prices. You may, however, take advantage of the strengthening market if you send an immediate reply.Yours faithfully,Tony SmithChief Seller

先生:二零零四年元月十六日有關查詢大米和大豆新加坡到岸價的電傳已收悉。

今日上午電傳報價：精白米三百公噸，每公噸成本加運費新加坡到岸價為2400澳元。于二零零四年三或四月裝運。以上實價需由貴公司于二零零四年二月十日前回覆確實。

該報價為最優惠價，恕不能還價。

本公司與客戶正洽售一批大豆交易，若貴公司愿意報以適當買價，本公司樂意出售。近來該類產品需求熱烈，令價格上漲。請貴公司把握機會，盡早落實定單為盼。

銷售部主任

托尼.斯密思謹上