NEW INTERNATIONAL PAINT COMPANY Jln. Pajajaran Raya No. 21 Semarang 1020 Jawa Tengah Your Ref: SM/FA/2C 25th September, 1993 Our Ref:MS/T/2C Mr. Surya M. Kasman Accounts Manager PT. Maphilindo Raya 29 Jln. Panarukan Baru Banjarmasin 2002 Kalimantan Selatan Dear Mr. Surya, Subject: Invoice No. 287/DC Thank you for your letter of 15 September advising that you have made a credit transfer to our account at Bank Panca Niaga Semarang. Our bank has also advised us that they have received the transfer you made. We thank you for your prompt settlement of the account and enclose our official receipt. Yours sincerely, Martin S. Wenger Martin S. Wenger Accounts Manager Enc: 1 ACKNOWLEDGEMENT OF PAYMENT