Please examine the attached documents against the following credit. THE BANK OF TOKYO LIMITED　　　　Original Place and date of issue Osaka, 20 Oct., 200× lRREVOCABLE DOCUMENTARY CREDJT Credit number of issuing Bank LS0603874 Advising Bank Bank of China, Tianjin The People's Republic of China Applicant Okura & Co. Ltd., Osaka Beneficiary China National Native Produce & Animal By-prod- ucts Import & Export Corporation. Tianjin Animal By-products. Branch, Tianjin, The People's Re- public of China. Amount USD126.962.00 (Say One Hundred and Twenty Six Thousand Nine Hundred and Sixty Two US dollars) Expiry date 31 st December, 200× in your country Dear Sirs, We hereby issue in your favour this documentary credit which is available by payment of your draft (s) at... sight for 100% invoice value drawn on us being marked as having been drawn under this credit and accompanied by the following documents: - Signed commercial invoice in triplicate indicating Import Declaration No. ID (0) J (2) 10884 and buyer's Ref. No. OUC-1298000. - Marine insurance policy or certificate, endorsed in blank, for l1O% of the invoice value including: Ocean Marine Cargo Clauses (All Risks) and war Risks of the PICC subject to C. I. C. dated January 1, 1981. Claims to be payable in the currency of the draft in Japan. - Full set of clean on board ocean bills of lading dated not later than 15th December 200×, made out to order and blank endorsed, and marked "Freight Prepaid" and "Notify Okura & Co. Ltd., Osaka". - Packing list in triplicate, combined form acceptable. - Certificate of origin in triplicate, combined form acceptable. covering 1,000 kgs. (10% more or less allowed) of Chinese white Dehaired Goatswool KVT02 USD 115.42 per kg. CIF. As per Contract No. JWGOO3 Packed in bale. Shipment from Chinese port to Kobe Partial shipments prohibited Transhipment prohibited Special conditions: We hereby engage that payment will be duly made a- gainst sight draft and documents presented in con- formity with the terms of this credit. Yours faithfully. THE BANK OF TOKYO LIMITED, OSAKA signature ____________ Exchange for USD103, 300. 90          Tianjin, 18 Dec., 200× At sight pay to the order of Bank of China the sum of US dollars one hundred and three thousand three hundred only Drawn under the Bank of Tokyo Ltd., Tokyo L/C No. LS0603874 dated 20 Oct., 200× To the Bank of Tokyo Ltd.,                                     For China National Native Produce & Animal By - products Imp. & Exp. Corp., Tianjin Animal Osaka                                                               By-products, Branch, Tianjin Signature Manager INVOICE                        Date: 1 Dec., 200× Contract No. JWG003 Inv. No. BP20076778 Shipped from Hsinkang per steamer to Kobe Sold to Messr. Okura & Co. Ltd., Osaka Marks & Nos. Amount C          G          10 bales Chinese White Deheired 318                           Goatswool     KVT02 KOBE                 at USD115. 42 per kg. CIF Kobe                             USD103. 300. 90 No. 1-10              as per Contract No. JWG003 Import Declaration No. ID (0) J(2) 10884 and Buyer's Ref. No. OUC-1298000 Drawn under The Bank of Tokyo Ltd. Osaka L/C No. LS0603874 dated 20th Oct., 200×                   ( in triplicate ) PACKING LIST Packed in bale Cross Weight      995kg. Net Weight      895 kg. CERTIFICATE OF ORIGIN We hereby certify that the above mentioned goods are of Chinese Origin. CHINA NATIONAL NATIVE PRODUCE & ANIMAL BY-PRODUCTS IMP. & EXP. CORP., TIANJIN ANIMAL BY-PRODUCTS BRANCH, TIANJIN signature THE PEOPLE'S INSURANCE COMPANY OF CHINA INSURANCE POLICY INVOICE NO. BP20076778                                                                 POLICY No. TT02391 This policy of insurance witnesses that the People's Insurance Company of China (hereinafter called "The Company") at the request of China National Native Produce & Animal By-products Imp. & Exp. Corp., Tianjin Animal By-products Branch Tianjin (hereinafter called the "insured") and in consideration of the agreed premium paying to the company by the insured, undertakes to insure the undermentioned goods in trans- portation subject to the conditions of this Policy as per the clauses printed overleaf and other special causes atta- ched herein Marks & Nos. Quantity Descriptions of goods Amount insured C　　　G 318 KOBE No. 1-10 10 bales Goatswool USD113, 631. 00 Total amount insured: US dollars one hundred and thirteen thousand six hundred and thirty one only Premium as arranged rate as arranged Per conveyance s. s. "HENGSHUI" sailing on or about 5 Dec., 200× from Hsinkang to Kobe Conditions: Covering W. A. and War Risks as per Ocean Marine Cargo Clauses and War Risks Clauses of The People's In- surance Company of China subject to C. I. C. dated January 1, 1981. Claim if any, payable on surrender of this Policy together with other relevent documents. In the event of accident whereby loss or damage may result in a claim under this policy, immediate notice apply- ing for survey must be given to the Company's Agent as mentioned hereunder: The Sumitomo Marine & Fire Insurance Co. Ltd., Kobe Branch, Kobe. Claim payable in Japan in USD Date: 17 Dec., 200× THE PEOPLE'S INSURANCE COMPANY OF CHINA, TIANJIN BRANCH ( IN duplicate ) signature (This policy has been endorsed in blank by the insured.)