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IV. Please answer the question in accordance with the following letter of credit.

Issue of a Documentary Credit

Destination Bank

KOEXKRSEXXX MESSAGE TYPE: 700 KOREA

EXCHANGE BANK SEOUL 178.2 KA, ULCHI RO, CHUNG-KO

20 Letter of Credit Number

LC84E0081/99

31G Date of Issue

990916

31D Date and Place of Expiry

991015 KOREA

51D Applicant Bank

ANK OF CHINA LIAONING BRANCH

50 Applicants

DALIAN WEIDA TRADING CO., LTD

59 Beneficiary

SANGYONG CORPORATION CPO BOX 110 SEOUL KOREA

32B Currency Code, Amount

USD 1,146,725.04

41D Available with...by...

ANY BANK BY NEGOTIATIO

42C Drafts at

45 DAYS AFTER SIGHT

42D Drawee

BANK OF CHINA LIAONING BRANCH

43P Partial Shipments

NOT ALLOWED

43T Transshipment

NOT ALLOWED

44A Shipping on Board/Dispatch/Packing in Charge at/ from

RUSSIAN SEA

44B Transportation to

DALIAN PORT, P.R.CHINA

44C Latest Date of Shipment

990913

45A Description of Goods or Services

FROZEN YELLOWFIN SOLE WHOLE ROUND (WITH WHITE BELLY) USD770/MT CFR DALIAN QUANTITY: 200MT ALASKA PLAICE (WITH YELLOW BELLY) USD600/MT CFR DALIAN QUANTITY: 300MT

46A Documents Required:

1. SIGNED COMMERCIAL INVOICE IN 5 COPIES.

2. FULL SET OF CLEAN ON BOARD OCEAN BILLS OF LADING MADE OUT TO ORDER AND BLANK ENDORSED, MARKED "FREIGHT PREPAID" NOTIFYING LIAONING OCEAN FISHING CO., LTD. TEL 86)411-3680288

3. PACKING LIST/WEIGHT MEMO IN 4 COPIES INDICATING QUANTITY/GROSS AND NET WEIGHTS OF EACH PACKAGE AND PACKING CONDITIONSAS CALLED FOR BY THE L/C.

4. CERTIFICATE OF QUALITY IN 3 COPIES ISSUED BY PUBLIC RECOGNIZED SURVEYOR.

Questions:-

1. Can this batch of goods be Partial Shipments and Transshipment?

2.WHEN IS Latest Date of Shipment?

3.WHAT GOODS IS TARDED IS THIS LETTER OF CREDIT?

4.WHO IS THE ISSUING BANK?

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