Please examine the attached documents against the following credit. ISSUE OF DOCUMENTARY CREDIT SENT         700 VIASWIFT TO SEQUENCE OF TOTAL        27              : 1/1 FORM OF DOC. CREDIT      40A             : IRREVOCABLE DOC. CREDIT NUMBER       20              : 48FGBK88 DATE OF ISSUE            31C             : ×× 1001 (01OCT ××) DATE AND PLACE OF EXPIRY 31D             : ××1130 THAILAND (30NOV ××) APPLICANT                50              : EXPENSIVE FASHIONS 100 SILK PLACE NEW YORK, NY 10018 BENEFICIARY              59              : QUICK KNIRRING CO. LTD. 5/FL, FASHION TOWER BANCKOK 10120, THAILAND CURRENCY CODE,  AMOUNT   32B             : USD750, 000. 00 TOLERANCE                39A             : 10% AVAILABLE WITH/BY        41D             : ANY BANK BY NECOTIATION DRAFTS AT                42C             : SIGHT DRAWEE                   42A             : USA BANK PARTIAL SHIPMENTS        43P             : ALLOWED TRANSSHIPMENT            43T             : PROHIBITED SHIPMENT FROM            44A             : BANGKOK, THAILAND SHIPMENT TO              44B             : LOS ANGELES, CA-USA LATEST DATE OF SHIPMENT  44C             : ××1031                             (31OCT××) DESCRIPTION OF GOODS     45A             : 100, 000 PR. LADIES PANTS, STYIJE 6721 @ USD4.00/PAIR 100, 000 PR LADIES PANTS, STYLE: 6720 @  USD3. 50/PAIR FOB BANCKOK, THAILAND DOCUMENTS REQUIRED       46A             : +SIGNED COMMERCIAL INVOICE INDICATING L/C NUMBER + PACKING LIST +2/3 SET CLEAN ON BOARD OCFAN BILL OF LADING CONSICNED TO EXPENSIVE FASHIONS, 100 SILK PLACE, NEW YORK, NY 10018 AND MARKED FREICHT COLLECT AND NOTIFY A P P L I C A N T + BFNEFICIARIES SIGNED STATEMENT THAT ONE SET OF ORIGINAL DOCUMENTS WAS MAILED TO APPLICANT ADDITIONAL CONDITIONS    47A             : +THE DRAFT MUST BEAR THE CLAUSE DRAWN UNDER DOCUMENTARY CREDIT NO. 48FGBK88 DATED 01OCT ××, ISSUED BY USA BANK. + ALL DOCUMENTS MUST BEAR THIS L/C NO. + ALL DOCUMENTS MUST BE IN THE ENGLISH LANGUAGE CHARGES                  71B             : ALL CHARGES OTHER THAN THOSE OF THE ISSUING BANK ARE FOR THE BENEFICIARY'S ACCOUNT. PERIOD FOR PRESENTATION  48              : DOCUMENTS MUST BE PRESENTED WITHIN 21 DAYS AFTER THE DATE OF SHIPMENT BUT WITHIN THE L/C VALIDITY CONFIRMATION:            49              : WITHOUT INSTRUCTIONS TO PAY/ACC/NEG/BANK 78              : PLEASE FORWARD DOCUMENTS TO US IN ONE LOT VIA COURI- ER UPON RECEIPT OF THE RELATIVE DOCUMENTS IN ORDER. WE SHALL REMIT PROCEEDS TO THE NEGOTIATING BANK AC- CORDINC TO THEIR INSTRUCTIONS BANK TO BANK INO.        72               : SUBJECT TO UCP 600, 2007 REVISION Assumptions (1) The draft and beneficiaries signed statement were also presented and complied with the terms of the credit. (2) All signatures where shown are original. (3) The documentary credit was issued correctly. (4) All the terms and conditions are on the reverse of the bill of lading. Attached Documents (1) Remitting Bank Cover Letter (2) Commercial Invoice (3) Packing List (4) Ocean Bill of Lading ANYBANK Cover Letter Bangkok Thailand Date: November 24, ×××× To: USA Bank (Issuing Bank) Your Letter of Credit No. 48FGBK88 Our Ref: IMP4987 We enclose documents for USD829, 000. 00 for payment under the above mentioned Letter of Credit. Kindly credit our Head Office account with your New York under SWIFT advice to us quoting our reference. Regards, J. C. Phat, Authorized Signer Received November 28, ×××× Counter of Issuing Bank QUICK KNITTING CO. LTD. 5/FL, FASHION TOWER BANGKOK 10120, Thailand COMMERCIAL INVOICE Date: October 25, ×××× Drawn under Documentary Credit No. 48FGBK88 dated ×× 1001 issued by USA Bank. Shipped on or about October 30,  ×××× from Bangkok, Thailand to Los Angeles, CA-USA For account and risk of:        Expensive Fashions 100 Silk Place New York, NY 10018 Description: 111, 000pr.       Pants 6721     @ USD 4. 00/pair     USD 444, 000. 00 110, 000pr.       Pants 6720     @ USD 3. 50/pair     USD 385, 000. 00 TOTAL                USD 829, 000. 00 FOB Bangkok, Thailand Marks & Nos. 7732074 Seal#: 304059 Expensive Fashions 6721, 6720 200 cartons/10 cases THE ULTIMATE FASHION PACKING COMPANY 5 /FL, FASHION TOWER BANGKOK 10120, Thailand Packing List Date: October 25, ×××× Documentary Credit No. 48FGBK88 dated ×× 1001 issued by USA Bank. Shipped on or about October 25, ×××× from Bangkok, Thailand to Los Angeles, CA-USA Messrs: Expensive Fashions 100 Silk Place, New York, NY 10018 Quantity        Description                         Packing 110, 000pr.     Ladies Clothing, Style: 6721        1,110 per carton total 100 cartons 111, 000pr.     Ladies Clothing, Style: 6720        1,100 per carton total 100 cartons Packed 20 cartons per case Total 10 cases CIP Los Angeles Marks & Nos. 7732074 Seal#: 304059 Expensive Fashions 10 cases TRANSLINK SHIPPING LINES                           Bill of Lading Shipper:                               B/L Number :          Number of Original  BL's: Quick Knitting Co. Ltd.      ICSMNL006874          THREE (3) 5/FI, Fashion, Tower Bangkok 10120 ,  Thailand    For delivery of Goods please apply to: Translink Shipping Inc. Consignee                                  550 E. Carson Plaza Drive, #208 Expensive Fashions               Los Angeles CA 90746 100 Silk Place                   Tel: 310. 111. 2222 New York, NY 10018 Also notify/Domestic Routing/Export Instructions/Pier Notify Party (Name and Address)        Terminal/Onward Routing from Point of Destination Expensive Fashions 100 Silk Place               "Final Destination is for New York, NY 10018           Consignee's Account" Pre-Carriage by                        Place of Receipt HANJUNG V. 207                  BANCKOK THAILAND Vessel Voy                             Port of Loading FASHIONBOAT                     BANGKOK, THAILAND Port of Discharge                      Place of Delivery       Final Destination LONG BEACH, CA               LOS ANGELES, CA      LOS ANGELES, CA Marks and numbers  Number                 Description of Packages and Goods Gross Weight Cntrnos W/Seal No. s. of packages           as per Merchandise Information 7732074 Seal#: 304059 Expensive Fashions 6721, 6720 200 cartons/10 cases Item No.     Qty            Cartons/Cases        Description      Price        Weight 6721         111, 000 pr.    100     5           Ladies Pants     444, 000     200 KCS 6720         110, 000 pr.    100     5           Ladies Pants     385, 000     185 KGS TOTAL        221, 000 pr.    200    10                                         385 KGS FOB Bangkok, Thailand 'FREIGHT COLLECT' Freight Rates Charges, Weights and/or Measurements Laden on Board the Vessel: October 31. ×× (Subject to Correction)     Prepaid       Collect       By:  ( original signatures ) Place and date of Issue Bangkok, Nov. 1, ×× ORIGINAL FREIGHT AS ARRANCED ICS Translink (Thailand), Inc. As Agent for the Master, Capt. Lee Young (Original Signature)