Our Ref: 5789/78654-07

URGENT SALES OF RAIL SCRAP I am Mr esulalu osalogbe, A Special Structural Engineering Auditor to the Nigerian Federal Ministry of Power,Mining and Steel, I have the mandate of writing this offer as a direct Seller to seek your interests on behalf of our auctioneers, The Federal Ministry of Power,Mining and Steel, Who has authorized me to negotiate with a foreign company that can purchase the products as stated below under as spot lift contract term. PRODUCT : USED RAIL TRACKS SPECIFICATIONS : R50 & R 65 as conformed to the ISRI CODES ORIGIN : Nigeria MANUFACTURERS : RUSSIA AND UKRAINE PACKAGING : Loose and Cut to sizes of 1.5inches before containerizing and Loading. QUANTITY : 400, 000 MT (Four Hundred Thousand Metric Tons) SHIPMENT : 30,000. (Thirty Thousand) Metric Tons per Month. CONTRACT PERIOD : 12 Months. PRICE : USD$75 per Metric Ton. DELIVERY : FOB. INSPECTION : Quality, Quantit y, Weight & Photo by Buyer at buyers cost at port of loading for invoicing Quantity assay issued by SSTF in clear, clean faxed or e-mailed version, showing the quantity of the goods loaded on board vessel. Hard copies will follow with-in seven (7) banking days.