Please examine the attached documents against the following credit. ISSUE OF DOCUMENTARY CREDIT SEN

Please examine the attached documents against the following credit.

ISSUE OF DOCUMENTARY CREDIT SENT 700

VIASWIFT TO

SEQUENCE OF TOTAL 27 : 1/1

FORM OF DOC. CREDIT 40A : IRREVOCABLE

DOC. CREDIT NUMBER 20 : 48FGBK88

DATE OF ISSUE 31C : ×× 1001 (01OCT ××)

DATE AND PLACE OF EXPIRY 31D : ××1130 THAILAND (30NOV ××)

APPLICANT 50 : EXPENSIVE FASHIONS

100 SILK PLACE

NEW YORK, NY 10018

BENEFICIARY 59 : QUICK KNIRRING CO. LTD.

5/FL, FASHION TOWER

BANCKOK 10120, THAILAND

CURRENCY CODE, AMOUNT 32B : USD750, 000. 00

TOLERANCE 39A : 10%

AVAILABLE WITH/BY 41D : ANY BANK

BY NECOTIATION

DRAFTS AT 42C : SIGHT

DRAWEE 42A : USA BANK

PARTIAL SHIPMENTS 43P : ALLOWED

TRANSSHIPMENT 43T : PROHIBITED

SHIPMENT FROM 44A : BANGKOK, THAILAND

SHIPMENT TO 44B : LOS ANGELES, CA-USA

LATEST DATE OF SHIPMENT 44C : ××1031 (31OCT××)

DESCRIPTION OF GOODS 45A : 100, 000 PR. LADIES PANTS,

STYIJE 6721 @ USD4.00/PAIR

100, 000 PR LADIES PANTS,

STYLE: 6720 @ USD3. 50/PAIR

FOB BANCKOK, THAILAND

DOCUMENTS REQUIRED 46A : +SIGNED COMMERCIAL INVOICE

INDICATING L/C NUMBER

+ PACKING LIST

+2/3 SET CLEAN ON BOARD OCFAN BILL

OF LADING CONSICNED TO EXPENSIVE

FASHIONS,

100 SILK PLACE, NEW YORK, NY 10018

AND

MARKED FREICHT COLLECT AND NOTIFY

A P P L I C A N T

+ BFNEFICIARIES SIGNED STATEMENT

THAT ONE SET OF ORIGINAL

DOCUMENTS WAS MAILED TO

APPLICANT

ADDITIONAL CONDITIONS 47A : +THE DRAFT MUST BEAR THE CLAUSE

DRAWN UNDER DOCUMENTARY CREDIT

NO. 48FGBK88

DATED 01OCT ××, ISSUED BY USA BANK.

+ ALL DOCUMENTS MUST BEAR THIS L/C

NO.

+ ALL DOCUMENTS MUST BE IN THE ENGLISH LANGUAGE

CHARGES 71B : ALL CHARGES OTHER THAN THOSE OF THE ISSUING BANK

ARE FOR THE BENEFICIARY'S ACCOUNT.

PERIOD FOR PRESENTATION 48 : DOCUMENTS MUST BE PRESENTED WITHIN 21 DAYS AFTER

THE DATE OF SHIPMENT BUT WITHIN THE L/C VALIDITY

CONFIRMATION: 49 : WITHOUT

INSTRUCTIONS TO PAY/ACC/NEG/BANK

78 : PLEASE FORWARD DOCUMENTS TO US IN ONE LOT VIA COURI-

ER UPON RECEIPT OF THE RELATIVE DOCUMENTS IN ORDER.

WE SHALL REMIT PROCEEDS TO THE NEGOTIATING BANK AC-

CORDINC TO THEIR INSTRUCTIONS

BANK TO BANK INO. 72 : SUBJECT TO UCP 600, 2007 REVISION

Assumptions

(1) The draft and beneficiaries signed statement were also presented and complied with the terms of the credit.

(2) All signatures where shown are original.

(3) The documentary credit was issued correctly.

(4) All the terms and conditions are on the reverse of the bill of lading.

Attached Documents

(1) Remitting Bank Cover Letter

(2) Commercial Invoice

(3) Packing List

(4) Ocean Bill of Lading

ANYBANK

Cover LetterBangkok

Thailand

Date: November 24, ××××

To:

USA Bank (Issuing Bank)

Your Letter of Credit No. 48FGBK88

Our Ref: IMP4987

We enclose documents for USD829, 000. 00 for payment under the above mentioned Letter of Credit. Kindly credit our Head Office account with your New York under SWIFT advice to us quoting our reference.

Regards,

J. C. Phat,

Authorized Signer

Received

November 28, ××××

Counter of Issuing Bank

QUICK KNITTING CO. LTD. 5/FL, FASHION TOWER BANGKOK 10120, Thailand COMMERCIAL INVOICE

Date: October 25, ××××

Drawn under Documentary Credit No. 48FGBK88 dated ×× 1001 issued by USA

Bank.

Shipped on or about October 30, ×××× from Bangkok, Thailand to Los Angeles,

CA-USA

For account and risk of: Expensive Fashions

100 Silk Place

New York, NY 10018

Description:

111, 000pr. Pants 6721 @ USD 4. 00/pair USD 444, 000. 00

110, 000pr. Pants 6720 @ USD 3. 50/pair USD 385, 000. 00

TOTAL USD 829, 000. 00

FOB Bangkok, Thailand

Marks & Nos.

7732074

Seal#: 304059

Expensive Fashions

6721, 6720

200 cartons/10 cases

THE ULTIMATE FASHION PACKING COMPANY

5 /FL, FASHION TOWER

BANGKOK 10120,

ThailandPacking List

Date: October 25, ××××

Documentary Credit No. 48FGBK88 dated ×× 1001 issued by USA Bank.

Shipped on or about October 25, ×××× from Bangkok, Thailand to Los Angeles,

CA-USA

Messrs: Expensive Fashions

100 Silk Place, New York, NY 10018

Quantity Description Packing

110, 000pr. Ladies Clothing, Style: 6721 1,110 per carton

total 100 cartons

111, 000pr. Ladies Clothing, Style: 6720 1,100 per carton

total 100 cartons

Packed 20 cartons per case

Total 10 cases

CIP Los Angeles

Marks & Nos.

7732074

Seal#: 304059

Expensive Fashions

10 cases

TRANSLINK SHIPPING LINES Bill of Lading

Shipper: B/L Number : Number of Original BL's:

Quick Knitting Co. Ltd. ICSMNL006874 THREE (3)

5/FI, Fashion, Tower

Bangkok 10120 , Thailand For delivery of Goods please apply to:

Translink Shipping Inc.

Consignee 550 E. Carson Plaza Drive, #208

Expensive Fashions Los Angeles CA 90746

100 Silk Place Tel: 310. 111. 2222

New York, NY 10018

Also notify/Domestic Routing/Export Instructions/Pier

Notify Party (Name and Address) Terminal/Onward Routing from Point of Destination

Expensive Fashions

100 Silk Place "Final Destination is for

New York, NY 10018 Consignee's Account"

Pre-Carriage by Place of Receipt

HANJUNG V. 207 BANCKOK THAILAND

Vessel Voy Port of Loading

FASHIONBOAT BANGKOK, THAILAND

Port of Discharge Place of Delivery Final Destination

LONG BEACH, CA LOS ANGELES, CA LOS ANGELES, CA

Marks and numbers Number Description of Packages and Goods Gross Weight

Cntrnos W/Seal No. s. of packages as per Merchandise Information

7732074

Seal#: 304059

Expensive Fashions

6721, 6720

200 cartons/10 cases

Item No. Qty Cartons/Cases Description Price Weight

6721 111, 000 pr. 100 5 Ladies Pants 444, 000 200 KCS

6720 110, 000 pr. 100 5 Ladies Pants 385, 000 185 KGS

TOTAL 221, 000 pr. 200 10 385 KGS

FOB Bangkok, Thailand

"FREIGHT COLLECT"

Freight Rates Charges, Weights and/or Measurements Laden on Board the Vessel: October 31. ××

(Subject to Correction) Prepaid Collect By: (original signatures)

Place and date of Issue

Bangkok, Nov. 1, ××

ORIGINAL

FREIGHT AS ARRANCED

ICS Translink (Thailand), Inc.

As Agent for the Master, Capt. Lee Young

(Original Signature)