Letter of Intent

TRADING AND SUPPLY LTD LETTER OF INTENT TO ALL (AG0) SELLERS

                                       46, Burma road, Apapa, lagos. 08077918755, 08059774021

WE HEREBY CONFIRM WITH CORPORATE AUTHORITY THAT WE ARE READY, WILLING AND ABLE TO BUY THE FOLLOWING COMMODITY AS PER THE DETAILS BELLOW :

KIND OF PRODUCT : GAS OIL

QUALITY : NNPC SPECULATION

QUANTITY : 5,000MT - 10,000MT

DELIVERY : TTT ( LAGOS OUTSIDE BAR) TTT (TOGOLESSE WATERS)

PAYMENT : BG ( BANK GUARRANTY ), DLC( DOCUMENTARY LETTER OF CREDIT )

DLC WILL CONTAIN VESSEL NAME & CAPTAIN NAME

PROCEDURE :

SELLER SENDS US THE HIS Supply and purchase agrement, Proof of product,including bill of laden, vessel details

We issue BCL along with ATB format to seller.

Seller issue ATB to US for Q & Q,

after our inspestor's board sellers's vessel for Q&Q

We issue confimed bank gurantee We release our CPA, Q88, & ATL to seller for TTT Seller vessel issue NOR to us ,

both vessel longside for transhipment Payment is effected and transshipment is effected immediately.

CEO

FATDEO TRADING & SUPPLY LTD

REMI AJAYI