Suzhou Huayuan Bamboo Products Co., Ltd.

Introduction

Torino, 9 June 98

From: Italy

To: HUAYUAN BAMBOO PRODUCTS CO. LTD

SUBJ: SALE CONTRACT

Dear Ms FENG YA MING,

   As already I wrote to you in our last faxes, we have done a lot of efforts during this period to introduce your bamboo flooring into the Italian market through the exhibitions and advertisement on specialized papers.


   We also obtained quality certificates from 2 Universities, which considered your products also "environmentally friendly". This is a very good image for the European market.


   We also started to receive orders from important specialized shops and we can say now that we feel very confident in the success of this business. We also solved our financial problems.


   Therefore we are now ready to send you the attached order for one full container and to open the L/C immediately after your confirmation.

   We are also quite sure that we will order some new full containers before the end of the year. Thank you for your kind co-operation and patience and confidence on our job.

   Best regards,