1- 2009-2010 harvest/campaign/ Starting beginning of March 2010

2- Origin Certified From Benin

3- Quantity 5,000 Metric tons

4- Packing: new Jute bags / 80 kg per bag

a- Moisture: 10 % maximum b- Foreign Matter : 0.25 % maximum c- Out turn: 40lbs per 80 kgs d- Nut-count: 180 to 200 per Kilo e- Defective: 10% maximum

5- Good quality controlled by SGS-Benin - a subsidiary of the Geneva company, prior to storage at the forwarding agent' storage facilities

6- Offered Price (to be reviewed and updated when purchase contract is signed): Euro: 490 / Metric Ton / +/- 2.5% / FOB / Port of Cotonou / Benin

7- Delivery per 20 FT fanned containers

8- Beginning / Maximum 15 days after purchase contract signed with the export company in Benin

9- Payment: confirmed, irrevocable L/C, negotiable through ECOBANK or else and payable 100% CASH Against Documents

10- Partial shipment authorized from 500 to 2000 Metric Tons /shipment/ month

REMARK: Interested buyers can contact Dr. Quenum & Associates, following purchase procedure below outlined, to take option to purchasing of up to 20,000MT of raw cashew nut (2008-2009 harvest/ campaign) origin Benin or other African producing countries.

PURCHASING PROCEDURE

1- - Buyer to send Letter of Intent (LOI) to Purchase, including information about buyer's bank in charge of the transaction. That is postal address of the bank, Tel number, Fax number, and Email address. Also should be mentioned the name of the officer in charge of buyer/ company's account, and his Email address. 2- LOI drafted as above required on buyer's / company's paper head to be scanned (no copy) and attached to Dr. Quenum & Associates, IBC Email address editor@africabiz.org 3- Transaction's procedures/paper works from LOI drafting to other documents's exchange are fully exposed on a specimen LOI that can be emailed to an interested party. Send a requesting email to Dr. Quenum & Associates at above listed email address.

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