CPR's de Soja

1. COMMODITY



Soybean #2, Non-GMO, in future delivery certificates (CPR - Certificado de Produto Rural), CETIP, Euroclear, ISIN, CUSIP, Primary Insurance Class AAA and Certificate of Re-Insurance.



2. ORIGIN



Brazil.



3. QUANTITY



20.000.000 MT (Twenty Million Metric Tons).



4. PACKAGING



Bulk.



5. QUALITY:



GUARANTEED SPECIFICATION:



Yellow Soya Bean # 2: Crop 2005/2006/2007

Test Weight: (Lbs/BU) 54 Min.

Protein: 35,0%Min.

Moisture: 13,5%Max.

Splits: 11,0% Max.

Foreign Matters: 2,0%Max.

Soya bean Other Color: 2,0% Max.

Heat Damaged Kernels: 0,5% Max.

Total Damaged Kernels: 3,0% Max.

Oil: 18,5% Min.



6. PRICE



US$193.00 / MT FOB (One Hundred and ninety three United States Dollars).



7. DESTINATION PORT:



Paranaguá or Santos Port, Brazil with deliveries starting november/december 2006 at a rate of 300.000 (Three Hundred Thousand) MT per month until full contract is accomplished.



8. PAYMENT CONDITIONS:



By a Prime Bank Guarantee (BG) unconditional, transferable, fully operative, 100% payable at sight at the Counters of Seller’s Bank or by a FF Standby Letter of Credit (SBLC) payable at Sight against transference of purchased assets.





9. CPR TRANSFER:



After receiving payments from Buyer, transfer via bank to bank will initiate on behalf of Seller.



10. PROCEDURES:



1- Replying the present Soft Offer Buyer’s Mandate will issue a LOI/CONTRACT to Seller’s Mandate in same terms including bank coordinates.



2- Seller’s and Buyer’s Mandates will sign NCND and FPA.



3- Seller replies LOI/CONTRACT by signing it, enclosing his own bank coordinates



4- Buyer´s Bank Officer contacts Seller´s Bank Officer via SWIFT informing that he is Ready, Willing and Able (RWA) to confirm and provide the necessary funds to perform the total payment of the purchase amount established in contract.



5- Seller´s Bank issues a SWIFT MT-760 to Buyer´s Bank informing and confirming the existence and availability of the assets, represented by 20.000.000 MT´s of “Soybeans #2 Non-GMO (Certified)” secured by the CPRs in the total amount of Three Billions and Eighty Hundred Sixty Million US Dollars (US$3.860.000.000,00) in CPR´s for future delivery with CETIP registration, EUROCLEAR ISIN and CUSIP numbers, Insurance and RE-IN SURANCE “AAA” Certificate with an attached pro-forma invoice in the name of the Buyer.



6- After receipt of the SWIFT MT-760, Buyer´s Bank in five (5) days will verify the legitimity of the assets documentation and will provide and confirm the full payment of the assets through the issuing of Prime Bank Guarantees (BG´s) on behalf of Seller, on a Bank to Bank basis.



7- After receipt of full payment, Seller´s Bank will provide the transference of all assets original documents, on behalf of Buyer, on a Bank to Bank basis.



8- A penalty of two percent (2%) of the contract amount will be paid by the party who violates any of the terms of the agreement.



9- Operation is concluded and deliveries commence according to contract.

Contato:
Luiz Morais Brasil Filho
Administração PIO
CRECI/MG F14.536
CREA-/MG 32941/D
visite : www.pio.com.br
Messenger: luizbrasilpio@hotmail.com
Skype : luizbrasilpio
e-mail: pio@pio.com.br
(33) 8807 9980
(33) 3278-8080