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DATE

BENEFICIARY

:DEC. 6, 2005 IRREVOCABLE DOCUMENTARY CREDIT NO. GBLC050057 (1)

:ANGEL TRADING COMPANY LIMITED, 77 GARDEN STREET,在 SHANGHAI CHINA (2)

:ORIENTAL INTERNATIONAL (UK) LTD.

61 CHESTNUT AVENUE, BUCKHURST HILL, ESSEX IG9 6EP JERSEY 07024 U.K. (3) : DEC. 31, 2005 IN CHINA (4) :USD 222,768.00 (5)

:U.S. DOLLARS TWO HUNDRED AND TWENTY TWO

THOUSAND SEVEN HUNDRED AND SEVENTY EIGHT ONLY CIF LONDON (6) :NOT ALLOWED (7) :NOT ALLOWED (8)

APPLICANT

DATE AND PLACE OF EXPIRY AMOUNT WORD

PARTIAL SHIPMENT TRANSHIPMENT

SHIPMENT FROM SHANGHAI TO LONDON (9)

CREDIT AVAILABLE BY NEGOTIATION WITH THE ADVISING BANK AGAINST PRESENTATION OF THE DOCUMENTS DETAILED HEREIN (IN TRIPLICATE UNLESS OTHERWISE STIPULATED) AND YOUR DRAFT (S) AT 30 DAYS' SIGHT FOR 100 PERCENT INVOICE VALUE (10) DRAWN ON ISSUING BANK

-- SIGNED COMMERCIAL INVOICE IN 4 COPIES INDICATING L/C NO. AND CONTRACT NO.

-- 2/3 OF CLEAN ON BOARD OCEAN BILLS OF LADING MADE OUT TO ORDER AND BLANK ENDORSED MARKED 'FREIGHT PREPAID' NOTIFYING APPLICANT. (11)

--INSURANCE POLICY OR CERTIFICATE IN DUPLICATE, ENDORSED IN BLANK, FOR 110 PERCENT OF THE INVOICE VALUE AGAINST INSTITUTE CARGO CLAUSES (A) AND WAR CLAUSES AS PER ICC DATED 1/1/1982 WITH CLAIMS TO BE PAYABLE IN UK IN THE CURRENCY OF DRAFT(S) (12) -- CERTIFICATE OF ORIGIN ISSUED BY CHAMBER OF COMMERCE

-- INSPECTION CERTIFICATE ISSUED BY THE APPLICANT OR HIS AGENT (13)

-- COPY OF BENEFICIARY'S TELEX/FAX ADVICE TO BUYER AFTER SHIPMENT INDICATING B/L NO., CONTAINER NO., L/C NO., GOODS NAME, QUANTITY, GROSS WT., INVOICE VALUE, VESSEL'S NAME, SAILING DATE AND LOADING PORT. (14)

-- PACKING LIST IN 2 COPIES SHOWING QUANTITY, GROSS WEIGHT, NET WEIGHT AND MEASUREMENT FOR EACH PACKAGE. (15)

-- BENEFICIARY'S CERTIFICATE ACCOMPANIED WITH THE RELATIVE SPEED POST OR DHL SIGNED RECEIPT

CERTIFYING THAT THE FOLLOWING DOCUMENTS HAVE BEEN SENT TO APPLICANT DIRECTLY WITHIN 3 DAYS AFTER SHIPMENT:

(A) ONE SIGNED ORIGINAL COMMERCIAL INVOICE (B) ONE ORIGINAL ON BOARD BILL OF LADING (C) ONE SIGNED ORIGINAL PACKING LIST

YONEX BRAND TENNIS RACKETS MODEL R-3 AND R-10 AS PER CONTRACT NO. 04-ORI101 OF NOV. 23, 2005 OTHER TERMS AND CONDITIONS-- SHIPMENT TO BE EFFECTED BEFORE DEC. 15, 2005 (16)

-- DOCUMENTS TO BE PRESENTED WITHIN 15 DAYS AFTER THE DATE OF ISSUANCE OFTHE SHIPPING DOCUMENTS BUT WITHIN THE VALIDITY OF THE CREDIT. (17)

-- WE HEREBY ENGAGE WITH THE DRAWERS, ENDORSERS AND BONA FIDE HOLDERS OF DRAFT(S) DRAWN UNDER AND IN ACCORDANCE WITH THE TERMS OF THIS CREDIT THAT THE SAME SHALL MEET WITH DUE HONOUR ON PRESENTATION OF THE DOCUMENTS AS SPECIFIED TO STANDARD CHARTERED BANK LONDON BRANCH (18) -- ALL DOCUMENTS TO BE DESPATCHED TO ISSUING BANK IN ONE LOT BY DHL.

-- ON RECEIPT OF DOCUMENTS CONFORMING TO THE

EVIDENCING SHIPMENT OF:

TERMS OF THIS DOCUMENTARY CREDIT, WE SHALL REIMBURSE THE NEGOTIATING BANK IN ACCORDANCE WITH THEIR INSTRUCTIONS. (19)

-- IN THE EVENT OF DOCUMENT PRESENTED WHICH DO NOT CONFORM TO THE TERMS OF THE CREDIT, WE SHALL DEDUCT A CHARGE OF USD50.00 (OR EQ) FOR EACH PRESENTATION. (20)

-- ALL BANKING CHARGES ARE FOR BENEFICIARY'S ACCOUNT. (21)

-- THIS CREDIT IS SUBJECT TO UCP (1993 REVISION) ICC PUBLICATION NO. 500. -- THIS IS AN OPERATIVE

INSTRUMENT NO MAIL CONFIRMATION TO FOLLOW. PLS. ACKNOWLEDGE RECEIPT THIS TELEX UNDER ADVICE TO US

3.指出信用证存在的问题,并做出修改:

答题前注意事项:表格中所列的每个条款均需做出正确或错误的选择,错误选项必须修改,修改时需将表格中所列条款的内容复制至修改框内进行修改。如 条款(3) 条款(5) 经审核 IRREVOCABLE DOCUMENTARY CREDIT 改为: 条款(1) 正若错确 误,应将: ANGEL TRADING COMPANY LIMITED, 条款(2) 正若错改为: 77 GARDEN STREET, SHANGHAI CHINA 确 误,应将: ORIENTAL INTERNATIONAL (UK) LTD. 条款(3) 正若错确 误,应61 CHESTNUT AVENUE, BUCKHURST 将: HILL, ESSEX IG9 6EP JERSEY 07024 U.K. DEC. 31, 2005 IN CHINA 条款(4) 错若错误 误,应将: USD 222,768.00 条款(5) 正若错确 误,应将: 改为: 错误(正确/若错误,应L/C NUMBER 12345 错误) 将: 正确(正确/若错误,应MAY.14th,2006 TIANJIN 错误) 将: 改为: 改为: L/C NUMBER 12354 改为: JAN.15,2006 改为: U.S. DOLLARS TWO HUNDRED AND 条款(6) 错若错改为: U.S. DOLLARS TWO HUNDRED AND TWENTY TWO THOUSAND SEVEN 误 误,应TWENTY TWO THOUSAND SEVEN HUNDRED AND SIXTY EIGHT ONLY CIF 将: HUNDRED AND SEVENTY EIGHT ONLY CIF LONDON LONDON NOT ALLOWED 条款(7) 正若错确 误,应将: NOT ALLOWED 条款(8) 错若错误 误,应将: SHIPMENT FROM SHANGHAI TO 条款(9) 正若错确 误,应LONDON 将: CREDIT AVAILABLE BY NEGOTIATION 条款(10) 错若错误 误,应WITH THE ADVISING BANK AGAINST 将: PRESENTATION OF THE DOCUMENTS DETAILED HEREIN (IN TRIPLICATE UNLESS OTHERWISE STIPULATED) AND YOUR DRAFT(S) AT 30 DAYS' SIGHT FOR 100 PERCENT INVOICE VALUE DRAWN ON ISSUING BANK 改为: 改为: ALLOWED 改为: 改为: CREDIT AVAILABLE BY NEGOTIATION WITH THE ADVISING BANK AGAINST PRESENTATION OF THE DOCUMENTS DETAILED HEREIN (IN TRIPLICATE UNLESS OTHERWISE STIPULATED) AND YOUR DRAFT (S) AT SIGHT FOR 100 PERCENT INVOICE VALUE DRAWN ON ISSUING BANK 2/3 OF CLEAN ON BOARD OCEAN BILLS 改为: 3/3 OF CLEAN ON BOARD OCEAN BILLS 条款(11) 错若错OF LADING MADE OUT TO ORDER AND 误 误,应OF LADING MADE OUT TO ORDER AND BLANK ENDORSED MARKED 'FREIGHT BLANK ENDORSED MARKED 'FREIGHT 将: COLLECT' NOTIFYING APPLICANT PREPAID' NOTIFYING APPLICANT