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Short Cable L/C

Cable Address
BANKXXX

BANKOFXXX
NATIONAL TRUST AND SAVINGS ASSOCIATION
C. P. O. BOX 3020
XXXX. XXXX

Date June 8, 1996
Our Ref. 301310

Dear Sir(s) :

We have received the following

Cable

date	from B of A

which reads as follows :

WE ISSUED OUR IRREVOCABLE LETTER OF CREDIT NUMBER 232384 FOR US/DLRS 23,000 FAVOR SAMKYUNG TRADING CO LTD IPO BOX 1052 ACCOUNT CRADLEKNIT IMPORT CORP PO BOX 263(70 MIDDLENECK RD) GREAT NECK NY 11022 EXPIRING JULY 12 1996 AIRMAILING FURTHER DETAILS NOTIFY BENEFICIARY

we transmit the above to you as preliminary information only. Upon receipt of further details from the above mentioned bank, we shall be pleased to advise you accordingly. This letter is non-negotiable and conveys no engagement on our part.

Very truly yours,
Assistant Cashier-Manager