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-------------------- MESSAGE READER-------------------------------- SWIFT INPUT : FIN 700 ISSUE OF A DOCUMENTARY CREDIT SENDER : WISMATWWXXX BANK WINTER VIENNA 1010, AUSTRIA

RECEIVER

:

----------------------MESSAGE TEXT ---------------------------------- 27: SEQUENCE OF TOTAL

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40A: FORM OF DOCUMENTARY CREDIT IRREVOCABLE STANDBY 20: DOCUMENTARY CREDIT NUMBER ………………………………………… 31C: DATE OF ISSUE ………………………………………… 40E APPLICABLE RULES UCP LATEST VERSION 31D: DATE AND PLACE OF EXPIRY …………………………………………,IN VIENNA 51A: APPLICANT BANK – BIC WISMATWWXXX BANK WINTER 50: APPLICANT ………………………………………… ………………………………………… 59: BENEFICIARY – NAME & ADDRESS ………………………………………… ………………………………………… 32B: CURRENCY CODE, AMOUNT

CURRENCY

: USD (US DOLLAR)

AMOUNT 39B MAX. CREDIT AMOUNT

NOT EXCEEDING 41A: AVAILABLE

BANK WINTER BY PAYMENT . 45A: DESCRIPTION OF GOODS &/OR SERVICES FULFILLMENT OF CONTRACT NO. …………………… 46A: DOCUMENTS REQUIRED 1) BENEFICIARY 'S SIGNED STATEMENT TO READ AS FOLLOWS:

: …………………………………………

BY…

- BIC

WE CNFIRM THAT ALL CONTRACTUAL OBLIGATIONS FROM OURSELVES TOWARDS THE APPLICANT HAVE BEEN FULFILLED AND THAT THE AMOUNT DRAWN REPRESENTS THE INDEBTENESS OF THE APPLICANT PERSUANT TO THE CONTRACT NO. …………………… WHICH IS NOW DUE AND REMAINS UNPAID 2) BENEFICIARY'S DRAFT DRAWN ATSIGHT ON APPLICANT, MARKED "DRAWN UNDER STAND BY LETTER OF CREDIT NO. …………………… DATED …………………… OF BANK WINTER +CO AG, AUSTRIA 3) COPY OF SWIFT-AMENDMENT SENT FROM OPENING BANK TO ADVISING BANK , AFTER RECEIPT OF APPLICANT'S ACCEPTABLE INSTRUCTIONS , CONFIRMING THAT ALL COMMITMENTS BETWEEN XXXXX(BENEFICIARY) AND THE APPLICANT REGARDING THEIR CONTRACT, HAS BEEN FULFILLED, AND THAT ALL CONDITIONS FOR THE ISSUANCE OF THE AMENDMENT TO THIS SBLC BETWEEN THE APPLICANT AND THE BENEFICIATY HAS BEEN FULFILLED,

.

47A: ADDITIONAL CONDITIONS A) THE NUMBER AND THE DATE OF THIS SBLC MUST BE QUOTED ON ALL

D:\FTP-LC288.COM\forms\BW_SBLC.doc

DRAWINGS

B) PARTIAL DRAWING(S) IS NOT ALLOWED.

C) NEGOTIATION OF DOCUMENTS WITH DISCREPANCIES OR INCOMPLETE DOCUMENTS IS STRICTLY PROHIBITED.

D) ANY DRAWING UNDER THIS STAND BY LETTER OF CREDIT SHALL NOT BE MADE BEFORE THE ISSUING DATE OF THE SWIFT-AMENDMENT MENTIONED UNDER CLAUSE 46A 3) OF DOCUMENTS REQIRED.

E) IT IS A CONDITION OF THIS STAND BY LETTER OF CREDIT THAT A DEMAND FOR PAYMENT BY PRESENTATION OF THE DOCUMENTS AND DRAFT SHOULD NOT BE MADE PRIOR TO 15 DAYS(CLOSE TO DATE OF EXPIRATION OF SBLC) BUT IN ANY EVENT WITHIN THE VALIDITY OF THIS STAND BY LETTER OF CREDIT.

F) ALL DOCUMENTS TO BE SENT TO US IN ONE LOT BY COURIER SERVICE TO OUR BANK ADDRESS AT: SINGERSTRASSE 10 P.O. BOX 878, VIENNA 1010, AUSTRIA

71B: CHARGES ALL CHARGES, EXPENSES AND COMMISSIONS IN CONNECTION WITH THIS SBLC, OUTSIDE OF AUSTRIA TO THE DEBIT OF BENEFICIARY.

49:

WITHOUT 57A: ADVISE THROUGH' BANK - BIC

CONFIRMATION INSTRUCTIONS

78:

SWIFT:

INSTRA TO PAYG / ACCPTG / NEGOTG BANK AFTER RECEIPT OF DOCUMENTS, IN STRICT COMPLIANCE WITH THE TERMS AND CONDITIOS OF THIS SBLC, AT OUR COUNTERS IN VIENNA, WE ENGAGE OURSELVES TO EFFECT PAYMENT AS PER INSTRUCTIONS OF NEGOTIATING BANK VALUE 2 BANK WORKING DAYS (AUSTRIA) LATER.

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