Preamble, Amount of principle

This agreement is dated as of October 11^th, 20.., and is between the Russ bank of Russia, a juridical person organized and existing under the laws of Russia, hereinafter referred to as ‘the Borrower’, and Nisso Iwa (UK) Limited a corporation organized and existing under the laws of England, hereinafter referred to as ‘the Lender’.

Witnesseth:

Whereas, Russ import, Moscow, Russia a judicial person organized and existing under the laws of Russia, hereinafter referred to as ‘the Buyer”, has entered into Purchase Contract N 732/09 dated April 6^th, 2012, hereinafter referred to as “the Purchase Contract” with Nisso Iwa Corporation, a corporation organized and existing under the laws of Japan, hereinafter called ‘the Seller” for the purchase of San Iron Manufacturing Plant Equipment from San Electric Co and Addendum N 1 dated October 31st 2012 hereinafter called “the Addendum” for the purchase of additional equipment for the above plant, hereinafter called “the Equipment”, and whereas, the Borrower has requested the Lender to lend Eight Hundred Nineteen Thousand Two Hundred Three United States Dollars (USD 819,203) to facilitate payments for the Equipment under the Addendum, and Whereas, the Lender is willing to lend the funds under the terms and conditions set forth below. Now, therefore, in consideration of the promises contained herein, and each party intending to be legally bound thereby, the parties agree as follows: