OUR COAL SPECIFICATION (A GRADE)

SPECIFICATION and TERMS for GRADE A THERMAL COAL:

                                                                        TYPICAL

· Calorific Value KCal/Kg :     ± 6000 to 6200  KCal/Kg (ARB)              Rejection : 5850 KCal/Kg

· Volatile Matter (a.d.b.) :          ± 24-33%                                              Rejection : 24%

·  Ash Content (a.d.b.) :              13%                                                    Rejection : 15%

·  Total Moisture (a.r.b.) :             <6%                                                     Rejection : 9%

·   Total Sulphur (a.d.b.) :            <0.76%                                                 Rejection : 1%

·   HandgroveGrindability Index :           ± 48%                                                   n/a

·    Top Sizing :                                           50mm-0mm 100%                                  n/a

·    Ash Fusion Temperature (ID) :                 1250 - 1350°C (min in reducing atmosphere)

·    Quantity Available :                                       150,000 metric tons

·      Delivery :                                                            Free-On-Board(FOB)

·     Load Port :                                                          Richards Bay Coal Terminal(RBCT)

·     Price :                                                      US$ 85(Eighty Fifty Dollars, United States) per metric ton, FOB RBCT

·      Payment :                                 Irrevocable, Transferable Documentary Letter of Credit per Seller approval

HEREBY ADVISE ALL PRICES QUOTED ABOVE STRICTLY VALID UNTIL FEBRUARY 28, 2013