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==== TAX: LICENZINTORG ------------------ TO: THE FIRST NATIONAL BANK OF CHICAGO CHICAGO FROM: BANK DATE: 960802 TEST: DATE OF ISSUANCE: 960802 WE ISSUE TRANSFERABLE CREDIT NO. SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (1998 REVISION) INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO. 500 EXPIRING ON 961204 MOSCOW RUSSIA CREDIT APPLICANT: LICENZINTORG BENEFICIARY: AMSOV COMPANY 3601 WEST DEVON AVENUE CHICAGO IL 60659 USA ACCNT 4163249 AMOUNT: USD AVAILABLE WIHT US BY PAYMENT PARTIAL SHIPMENTS ALLOWED TRANSHIPMENT ALLOWED DISPATCH FROM SOUTH KOREA PORT DESTINATION: ROSSIA ST. PETERBOURG GOODS: CONTRACT 7324/099109 OF 960730 DELIVERY OF LEATHER PRODUCTS CIF PORT ST.PETERBOURG DOCUMENTS: 1. DETAILED ORIGINAL INVOICE AND 3 CPS 2. CLEAN BILL OF LADING ORIGINAL ISSUED IN THE NAME OF VVO LICENZINTORG 3. PACKING LIST IN 5 CPS 4. TEST CERTIFICATE OR CERTIFICATE OF QUALITY OF SHIPMENT 5. COPY OF EXPORT LICENCE IF REQUIRED OTHER WISE COPY OF LETTER STATING THAT NO LICENCE IS REQUIRED 6. INSURANCE POLICY FURTHER CONDITIONS: CHARGES UNDER L/C ARE FOR SELLER'S ACCOUNT PRESENTATION PERIOD: DOCUMENTS TO BE PRESENTED WITHIN 21 DAYS AFTER THE DATE OF ISSUANCE OF THE SHIPPING DOCUMENTS BUT WITHIN THE VALIDITY OF THE CREDIT PLEASE NOTIFY BENEFICIARY WITHOUT ADDING YOUR CONFIRMATION REIMBURSEMENT: FOR RESEIPT OF PAYMENT PLS SEND DOCUMENTS AT OUR ADDRESS THROUGH YOUR BANK OUR REF NO.: