SOFT CORPORATE OFFER Iron Ore BRAZIL II

SOFT CORPORATE OFFER

Iron Ore BRAZIL II

Dearest : BUYER IRON ORE

We, FREE LAND is in collaboration with a lot of direct miners, from my direct miner, confirmed with SOFT CORPORATE OFFER responsibility, that we are ready, and capable to enter into a contract to sell the commodity, with the following terms, conditions and specifications as stated below. The sales and purchase contract would be in accordance with international standards and procedures. We have the pleasure to inform you that our group has negotiated this excellent option related to Brazilian Iron Ore. At this time, the Mine Owner is ready, willing and able to supply the said product as stated per below under the following terms.

Name of Commodity: Brazilian Iron Ore 64.5%, Rej. Below 63.5%

Country of Origin: Brazil

Price: $126.00 Metric Tonne Dry CIF/ASWP China Any Safe Port

Quantity: Minimum = 150,000 MT X 12 months or 60 months

Maximum = 1 million MT x 12 months or 60 months

Shipment: Bulk

Specifications:

Fe 64.5% rejection below 63.5%

Al2O3 1.33% rejection over 3%

SiO2 3.5% rejection 4.5%

S 0.009%, max: 0.03%

P 0.02%, max 0.06%

K2O 0.008%

CaO 0.02%

MgO 0.03%

Na2O 0.03%

TiO2 0.08%

Mn 0.15%

Sn <>

Chromium <>

Zinc <>

LOI 0.08%

Physical Characteristics:

0.15-3mm 30%min

3-5mm 60%max

5-10mm 10%max

Moisture 8.00% at 105 degrees C

Port(s) of Loading: Any Brazil port(s) designated by Seller which will be mentioned in Draft Contract.

Deliver: 30/45 days from the date of receipt of Operative Letter of Credit for the First Shipment and Subsequent Shipments within 30/45 days.

Payment Terms:

FORM OF PAYMENT:

By Automatic Revolving Documentary Letter of Credit (ARDLC), irrevocable, divisible, transferable, operative covering one month value to be used for the last month of contract and active for the full contractual period plus one month with remainder through MT 103-23.

THE 2 % PB WILL BE GIVEN FIVE (5) BANK DAYS AFTER DELIVERED BY THE BUYER BANK DOCUMENTS AND WHEN THIS IS CONFIRMED, VERIFIED AND ACCEPTED BY SELLER BANK.

In order to submit an order you MUST have the following documents:

1) ICPO with Soft Probe, signed and sealed by Buyer (including Payment Term as specified above in this Soft Offer)

2) NCNDA-IMFPA signed by ALL parties including Buyer.

3) Warning Letter must be signed by the Buyer ( you can request one from us)

PROCEDURES:

1. BUYER ISSUES THE LOI OR ICPO WITH BANKING COORDINATES

AND AUTHORIZATION FOR SOFT PROBE + NCNDA + IMFPA + WARNING LETTER

2. SELLER ACCEPTS/REJECTS AFTER INITIAL DUE DILLIGENCE.

3. UPON ACCEPTANCE OF THE LOI/ICPO, SELLER ISSUES DRAFT CONTRACT.

4. CONTRACT IS INITIALLED BY THE BUYER AND RETURNED TO THE SELLER FOR HIS SIGNATURE. UPON MUTUAL AGREEMENT TO THE CONTACT TERMS, BUT BEFORE SIGNATURES, BUYER SHALL

PERSONALLY VISIT OR SEND AN AUTHORIZED REPRESENTATIVE ON BUYER’S BEHALF TO VISIT SELLER’S CORPORATE OFFICE WHERE PAST PERFORMANCE AND SGS WILL BE REVEALED WITHIN GUIDELINES OF ICC REGULATIONS OR CAN BE SENT VIA EMAIL.

7. SELLER AND BUYER WILL FLY TOGETHER TO BRAZIL TO VISIT THE MINE AND THEN SIGN FINAL CONTRACT. (ELECTRONICALLY SIGNED COPIES OF THE CONTRACT ARE ACCEPTABLE).

8. CONTRACTS ARE LODGED WITH RESPECTIVE BANKS.

9. BUYER ISSUES TEXT OF THE FINANCIAL INSTRUMENT(S) TO THE SELLER FOR REVIEW AND APPROVAL.

UPON APPROVAL BY THE SELLER, THE BUYER’S BANK ISSUES THE OPERATIVE NON-TRANSFERABLE ARDLC TO SELLER’S BANK.

10. SELLER ARRANGES FOR THE ISSUANCE OF THE 2% PB AND POP TO BE SENT TO BUYER ON A BANK TO BANK BASIS. BOTH 2% PB AND THE POP WILL COME FROM THE BANK OF THE MINE.

11. SHIPMENTS COMMENCE AS PER THE SCHEDULE IN CONTRACT.

Please send us ICPO for this transaction and all relevant documents as soon as possible, your immediate attention and confirm your readiness is appreciated. after you deliver your draft, you can correlate directly with my direct miner.

Truly Yours,

Muhammad Yusuf