Regarding above mentioned project, you must have already acknowledged that negotiation of restructuring come to fmal stage which A's Largest creditor KfW I Germany has presented 150 million dollar investment.
Until now, we have discussed with each OSP company while negotiated with KfW-TA specially unsecured credit, we have finally come to reach in-principal an agreement of Cash 40% +
/Debenture 60% payment between KfWITA reversing request of 50% hair cut. At the moment,
Term Sheet Draft has been sent to each creditor and we hope to close restructuring contract at the end of September after restructuring condition details determined by creditor's conference (Working Group Session) scheduled after next week. For this reasons, we appreciated if you could give us warm support and understanding for the matter.