P.

L TRADING CORPORATION 13333 Wetland East Blvd, Houston, Texas 77041, USA Tel: 281894 5454 Fax: 281.984.0022 Email: pvle@PL.com H.V FOOD COMPANY LTD. 108 K30 Pho Quang St., Tan Binh District Ho Chi Minh City, Vietnam Email: hlien@hcm.fpt.vn Dear Sir or Madam We have learned your companys name from the trade magazine The Business World. We would like to have a long-standing relationship with your company. We would be grateful if you could send us some samples of the Vietnamese White Rice Long Grain. We would also appreciate your letting us have full information regarding FOB Ho Chi Minh city port price, terms of payment and earliest delivery date. If the price offered are competitive and the quality is of the standard we required, we shall place large orders with you in future. We look forward to receiving samples and quotation from you soon Yours faithfully Your ref: Our ref: Inq R255 28 January,2000

William.J.Scheela (Mr.) Purchasing Manager

H.V FOOD COMPANY LTD. 108 K30 Pho Quang St., Tan Binh District Ho Chi Minh City, Vietnam Tel: (84.8) 8421600 Fax: (84.8) 8421965 Email: hlien@hcm.fpt.vn

Mr. William.J.Scheela Purchasing Manager P.L TRADING CORPORATION 13333 Wetland East Blvd, Houston, Texas 77041, USA Dear Mr. William.J.Scheela

Your ref: Inq R255 Our ref: 95/PL 5 February,2000

Thank you for your letter of 28, Jan 2000. We have pleasure informing you that we can supply you any quantity from 10,000 MT up to 15,000 MT monthly. According to your enquiry and your requirements, we are pleased to send our offer sheet with terms and conditions as follows: 1. Commodity: Vietnamese White Rice Long Grain 2. Specifications: Broken 5 10 15 25 (%) Moisture 14.0 14.0 14.0 14.0 (%) Damaged kernel 0.5 0.5 1.0 3.0 (%) Yellow kernel 0.5 0.5 1.0 1.0 (%) Foreign matter 0.1 0.1 0.1 0.1 (%) Paddy 15 15 30 40 (grain/kg) 3. Unit price: - Price 5 pct : USD 255/MT FOB stowed, HCM port (Incoterms 2000) - Price10 pct: USD 245/MT FOB stowed, HCM port (Incoterms 2000) - Price15 pct: USD 235/MT FOB stowed, HCM port (Incoterms 2000) - Price25 pct: USD 225/MT FOB stowed, HCM port (Incoterms 2000) 4. Packing: In new single PP bags net weight 50 kgs/bag 5. Payment: By irrevocable L/C at sight 6. Shipment: Within one month after order confirmation 7. Inspection: By SGS 8. Validity: until 25, Feb 2000 We have sent you 4 samples by DHL on Feb 5th 2000. We hope to have the hornour to receive your order soon. Yours sincerely Kim Ngoc Hong Lien (Ms) General Director P.L TRADING CORPORATION 13333 Wetland East Blvd, Houston, Texas 77041, USA Tel: 281894 5454 Fax: 281.984.0022 Email: pvle@PL.com

Ms. Kim Ngoc Hong Lien General Director H.V FOOD COMPANY LTD. 108 K30 Pho Quang St., Tan Binh District Ho Chi Minh City, Vietnam Dear Ms Hong Lien Thank you for sending us your samples and quotations.

Your ref: 95/PL Our ref: Inq. R255 15 February, 2000

We are interested in the Vietnamese White Rice Long grain 5 pct broken at USD 255/MT FOB stowed HCM port (Incoterms 2000). We find that this kind of product is suitable for our market, but the price are not much competitive compared with other suppliers. We wonder if you would kindly consider reducing the price to USD 250/MT. If you could come down to this price level, we might be able to order 30,000 MT. Your consideration of this matter and immediate reply would be appreciated. Yours sincerely William. J. Scheela (Mr.) Purchasing Manager

H.V FOOD COMPANY LTD. 108 K30 Pho Quang St., Tan Binh District Ho Chi Minh City, Vietnam Tel: (84.8) 8421600 Fax: (84.8) 8421965 Email: hlien@hcm.fpt.vn Mr. William.J.Scheela Purchasing Manager Your ref: Inq R255 Our ref: 95/PL 25 February,2000

P.L TRADING CORPORATION 13333 Wetland East Blvd, Houston, Texas 77041, USA Dear Mr. William.J.Scheela Thanks for your letter of Feb, 15th, 2000 in which you suggested to reduce the rice unit price. We can accept your suggesting unit price for 5 pct broken at USD 250/MT FOB stowed HCM port. Because we still have many vessel with a great quantity which we have to load so we just deliver the cargo as per your requirements on the middle of Apr, 2000. Please understand for our situation and we look forward to having your order in soonest to arrange the cargo in good time. Yours sincerely Kim Ngoc Hong Lien (Ms.) General Director

SALE CONFIRMATION
Date March 5, 2000 Seller: H.V FOOD COMPANY LTD. 108 K30 Pho Quang St., Tan Binh District Ho Chi Minh City, Vietnam Tel: (84.8) 8421600 Fax: (84.8) 8421965 Email: hlien@hcm.fpt.vn P.L TRADING CORPORATION 13333 Wetland East Blvd, Houston, Texas 77041, USA Tel: 281894 5454 Fax: 281.984.0022

Buyer:

Email: pvle@PL.com The undersigned Seller and Buyer have agreed to close the following transaction according to the terms and conditions stipulated below: 1. Commodity: Vietnamese White Rice Long grain 5 pct broken 2. Quantity: 30.000 MT +/- 5% 3. Quality: The specifications as follows: Broken 5 (%) Moisture 14.0 (%) Damaged kernel 0.5 (%) Yellow kernel (%) 0.5 Foreign matter 0.1 (%) Paddy 15 (grain/kg) Chalky kernel (%) 3.0 4. Unit price: USD 250/MT FOB stowed, HCM port (Incoterms 2000) 5. Packing: In new single PP bags net weight 50 kgs/bag. Weight of each PP bag should be 110 gram. 2% empty bags to be shipped free of charge. 6. Payment: By irrevocable L/C at sight. 7. Inspection: The certificate of weight/quality/packing issued by SGS. Cost of inspection to sellers account. Buyers surveyor to be ADIL Bangkok acceptable. 8. Shipment: The latest day of first shipment is not later tha Apr, 15 th ,2000. Partial shipment is allowed. 9. Loading: 100 MT per day basic 4 workable hook/Hetches WWDSHEXEIU Dermurrage/Despatch as per Charter Party but a maximum of USD 4000/2000. 10. Arbitration: Vietnam International Arbitration Center (VIAC) VIETCOCHAMBER Ho Chi Minh city decision to be the final and binding on both parties. For and on behalf of The Seller Kim Ngoc Hong Lien General Director Director For and on behalf of The Buyer S.Johnson General