ADDRESS: 50 HUQIU ROAD.  CABLE: CHUNGKUO ???????????? 　　　　　?中国银行  TELEX: 3062 BOCSH ECN ??????　　　???BANK OF CHINA ?  　　　　　　　信用证通知书   SWIFT: BKCHCMBJ30 ???????　 　　Notification of Documentary Credit ??????????　　DATE : 2000/04/20  To: 致: ZHEJIANG ELECTRON I/E CORP. 33 WENSHAN Road Hangzhou China WHEN CORRESPONDING PLEASE QUOTE OUR REF.NO.:   ?  ISSUING BANK INDUSTRY Bank TORONTO. 55 Water Street, Room 1702, TORONTO CANADA Transmitted to us through 转递行 ? ?  L/C NO. 信用证号 ETN-CXLC06 DATED 开证日期 APRIL 14TH 2000 Amount 金额 US$380312.50  Dear sirs, 迳启者 We have pleasure in advising you that we have received from the a/m bank a(n) 兹通知贵司，我行收自上述银行  ( ) pre-advising of 预先通知 ( ) mail confirmation of 证实书  ( ) telex issuing 电传开立 ( ) ineffective 未生效  ( )original 正 ??本 ( ) duplicate 副????本  letter of credit, contents of which are as per attached sheet(s). This advice and the attached sheet(s) must accompany the relative documents when presented for negotiation. 信用证一份, 现随附通知。贵司交单时, 请将本通知书及信用证一并提示。 （ ）Please note that this advice does not constitute our confirmation of the above L/C nor does it convey any engagement or obligation on our part. 本通知书不构成我行对此信用证之保兑及其它任何责任。 （ ）Please note that we have added our confirmation to the above L/C, negotiation is restricted to ourselves only. 上述信用证已由我行加具保兑, 并限向我行交单。  This L/C consists of?? two?? sheet(s), including the covering letter and attachment(s). 本信用证连同面函及附件共 2 纸。 If you find any terms and conditions in the L/C which you are unable to comply with and or any error(s), it is suggested that you contact applicant directly for necessary amendment(s) of as to avoid any difficulties which may arise when documents are presented. 如本信用证中有无法办到的条款及/或错误, 请迳与开证申请人联系进行必要的修改, 以排除交单时可能发生的问题。 FOR BANK OF CHINA 中国银行 杭州分行 信用证 通知章 yours faithfully  ?  ? 34127 B BOCSH CN 6229 1705 03/25 04803089 TCH0063 0325004658 ZCZC FROM:INDUSTRY BANK TORONTO OUR REF: NY980520004658001T01 TO : ?BANK OF CHINA HANGZHOU BRANCH ??????50 HUQIU ROAD, SHANGHAI ??????PEOPLE'S REP. OF CHINA TEST: FOR USD/380312.50 ON DATE14/04/2000 PLEASE ADVICE BENEFICIARY OF THE FOLLOWING IRREVOCABLE LETTER OF CREDIT ISSUED BY US IN THEIR FAVOR SUBJECT TO UCP 500: DOCUMENTARY CREDIT NUMBER: ETN-CXLC06 DATE AND PLACE OF EXPIRY: June 12th 2000 , IN CANADA APPLICANT :GLOBAL ELECTRON LTD.，336 SEASHORE Road TORONTO, PA 19446 CANADA BENEFICIARY: ZHEJIANG ELECTRON CORP. No.33 WENSAN Road Hangzhou China AMOUNT: USD380312.50 SAY UNITED STATES DOLLARS THREE HUNDRED EIGHTY THOUSAND THREE HUNDRED AND TWELVE POINT FIFTY AVALIABLE WITH : ANY BANK BY:????NEGOTIATIN OF BENEFICIARY'S DRAFT(S) AT 30 DAYS' SIGHT DRAWN ON INDUSTRY BANK ,TORONTO, ACCOMPANIED BY THE DOCUMENTS INDICATED HEREIN. COVERING SHIPMENT OF : COMMODITY ART.NO. QUANTITY microwave: ??????????ART.NO.bxw-1016 1000 dozens ?washing machine: ?ART.NO.pcv-1703 200 dozens SHIPPING TERMS: CIF TORONTO SHIPPING MARK: ETN-CXLC06/ GLOBAL ELECTRON /TORONTOK/NO.1-UP DOCUMENTS REQUIRED: - 3 COPIES OF COMMERCIAL INVOICE SHOWING VALUE IN U.S. DOLLARS ?AND INDICATING L/C NO. AND CONTRACT NO.. - 2COPIES OF PACKING LIST SHOWING GROSS/NET WEIGHT AND MEASUREMENT OF EACH CARTON. - CERTIFICATE OF ORIGIN IN TRIPLICATE ISSUED BY CHINA CHAMBER OF INTERNATIONAL COMMERCE. - 2 COPIES OF INSURANCE POLICY OR CERTIFICATE ENDORSED IN BLANK FOR THE INVOICE VALUE OF THE ??GOODS PLUS 110% COVERING ALL RISKS AND WAR RISK AS PER AND SUBJECT TO OCEAN MARINE ??CARGO CLAUSES OF THE PEOPLE'S INSURANCE COMPANY OF CHINA DATED 1/1/1981. - 3/3 SET AND ONE COPY OF CLEAN ON BOARD OCEAN BILLS OF LADING MADE OUT TO ORDER AND BLANK ??ENDORSED MARKED FREIGHT PREPAID AND NOTIFY APPLICANT. PARTIAL SHIPMENTS: ??????????PERMITTED TRANSSHIPMENTS: ?????????????PERMITTED SHIPMENT FROM : ?????????????NINGBO, CHINA ???????????TO: TORONTO NOT LATER THAN : ????????????MAY 31, 2000 DOCUMENTS MUST BE PRESENTED WITHIN 15DAYS AFTER SHIPMENT, BUT WITHIN VALIDITY OF THE LETTER OF CREDIT. INSTRUCTIONS TO THE PAYING/ACCEPTING /NEGOTIATING BANK NEGOTIATING BANK IS TO FORWARD ALL DOCUMENTS IN ONE AIRMAIL TO INDUSTRY BANK TORONTO, 55 WATER STREET, ROOM 1702 , TORONTO, TORONTO 10041 CANADA ATTN: LETTER OF CREDIT DEPARTMENT END OF MESSAGE NN/ 62814 CBC VW (WRU) 34127 8B BOCSH CN ..... NNNN