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   TAX: V/O "SOJUZREGION"
   -----------------------
   
   TO: CHASE MANHATTAN BANK NEW YORK
   
   FROM: BANK
         MOSCOW
   
   DATE: JULY 29, 1996
   
   TEST:
   
   
   DATE OF ISSUANCE: 27.07.96
   WE ISSUE IRREVOCABLE CREDIT NO.
   SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS ( 1998
   REVISION) INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO. 500
   EXPIRING ON 3 NOVEMBER 1996 MOSCOW
   CREDIT APPLICANT: V/O "SOJUZREGION"
   BENEFICIARY: ICD MERCHANDISE CORPORATION 600 MADISON AVENUE NEW YORK
   N. Y.
   AMOUNT: USD
   AVAILABLE WITH         BANK     MOSCOW BY PAYMENT
   PARTIAL SHIPMENTS NOT ALLOWED
   TRANSHIPMENT NOT ALLOWED
   DISPATCH FROM NEW YORK       DESTINATION: ROSSIA/ST.PETERBOURG
   GOODS: SPARE PARTS FOR XEROX COPIER MODEL 1045 AS PER ADD. NO. 1. TO
   CONTRACT NO.       DD 09.07.96 CIF ST.PETERBOURG
   DOCUMENTS: 1. SPECIFIED INVOICE - 1 ORIGINAL AND 2 COPIES
   2. FULL  SET  CLEAN  ON BOARD BILL OF  LADING  ISSUED  IN  THE NAME OF
   V/O "SOJUZREGION"
   3. SHIPPING SPECIFICATION - 3
   4. CERTIFICATE OF QUALITY ISSUED BY THE SELLER - 1 COPY
   5. PACKING LIST - 3 COPIES
   6. INSURENCE POLICY - 1 EX
   FURTHER CONDITIONS: ALL BANKING CHARGES ARE FOR THE SELLERS ACCNT
   CONSIGNEE: KEMEROVSKAYA BAZA UMTS, KEMEROVO, PROSP. SHAHTEROV, 51A
   DATE OF FIRST SHIPPMENT:  NOT LATER THAN 3 SEPTEMBER 1996.  ADDITIONAL
   SHIPMENT IS ALLOWED.
   PRESINTATION PERIOD:  DOCUMENTS TO BE PRESENTED WITHIN 21  DAYS  AFTER
   THE DATE OF ISSUANCE OF THE SHIPPING DOCUMENTS BUT WITHIN THE VALIDITY
   OF THE CREDIT
   PLEASE NOTIFY  BENEFICIARY  WITHOUT  ADDING  YOUR CONFIRMATION USD 500
   COST OUR CABLE WILL BE DEDUCTED FRPM PAYMENT.
   REIMBURSEMENT: AS WHEN PAID PLEASE DEBIT OUR ACCOUNT
   
   OUR REF:

  

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