OFFERS AND PROCEDURES

Benefits of Obtaining Product from our Seller:



DATE: January-2012

Worldwide reach

Logistics assistance available

Assured Delivery

Full analytics



Products available from Sovereign Group — Direct contract between buyer and seller
(titleholder)



Sovereign always has available the typical fuels that are in highest demand:

Additives to fuel oils – Bitumen - Diesel Fuel - Natural gas - LNG Automobile Gasoline -Coal and Coke - Kerosene Jet Fuel - Mazut


All products available via 12-month contract. S ested range for starting quantities:

50K to 200K MT for D-2 or Mazut; 400K to 1M Bbls for Jet Fuel; and 25K to 100K MT for EN-
590.



Sovereign Group also offers Crude Oils — REBCO / ESPO

Contracts are always between Sovereign Group, the Title Holder / Seller, and the Buyer.


D-2 (0.02 spec) GROSS $35 / NET $30 / MT off NWE Platts CIF Rotterdam or ASWP

Jet Fuel (any grade) GROSS $11 / NET $8 /MT bbl off NWE Platts CIF Rotterdam or ASWP EN-590 GROSS $32/ NET $27 /MT- offNWE Platts CIF Rotterdam or ASWP
Mazut M100/75 GROSS $35/ NET $30MT off NWE Platts CIF Rotterdam or AWSP
(All prices subject to change for distant ASWP destinations)
Products above based on a standard 25-day initial lift, and are refinery contract only. Buyer Pays Commissions to the Buyer side

Swissdak AG/Juan Rodriguez 50% / Mandate 50%



GETTING STARTED:

a) Direct contact established between our representative and Principal Buyer or Mandate.

b) Buyer submits a Corporate Overview, to include Bios on the Principal(s), our representative for initial Seller Compliance Review. Buyer describes the product they are looking for, method of payment, and terms they wish to obtain. Our representative provides Seller's response to the credentials presented — typically within 24 — 48 hours.

c) Following initial Compliance, the Buyer Signatory receives Seller’s Confidential Bona Fides, accompanied by a Template Request for Quote (RFQ) via our representative. The buyer returns the RFQ, along with the Buyer bona fides (as detailed in the RFQ), confirming the Buyer is a Signatory Principal. This will allow Seller to return a Draft Contract to the Signatory Buyer.

Banking Details (LC instrument utilized in the transaction, product payment method, etc.) are confirmed during direct discussions between the Buyer Signatory and Seller Principals in the Contract phase of the Transaction.



Procedures (abbreviated)

1. Buyer issues RFQ with Requested Information. (Seller will provide the RFQ Template, including information needed from the Buyer, and Product Specifications)

2. Seller issues draft contract after receiving Buyer's RFQ.

3. Buyer and Seller agree to amendments as necessary and sign/seal.

4. Buyer's Bank issues a Pre-Advice agreeing to issue their Letter of Credit.

5. Seller's bank verifies receipt of the Buyer's Pre-advice, and confirms the availability of Seller's non-operative Performance Bond equal to the Annual Contract Value.

6. Buyer issues a non-transferable, divisible, Cash-Backed Letter of Credit for the value of one month's delivery, valid for 13 months.

7. Seller's Bank activates the Sellers Performance Bond.

8. Seller issues Proof of Product; Buyer verifies evidence and confirms with Seller.

9. Seller issues Laycan dates and Q88.

10. Loading of goods is initiated per schedule. Buyer issues payment of liftable product upon loading.
11. Title transferred and product lifted. Balance of Proof of Product documents issued at time of lift. CIF shipping as per contract.
Best regards