Letter to a bank to issue letter of credit

STARLITE INDUSTRIES LIMITED

114, S.V. Road, Mumbai – 400 056.

Ref. No. SP/06                                                                                             Date: - 5^th Feb., 2006

The Manager,

Canara Bank,

Parel,

Mumbai – 400 012.

Dear Sir,

Sub: - Issue of Letter of Credit

We have made arrangements with M/s. Comptronics Inc. 6^th Cross Road, Miami, U.S.A. for the import of Computer Software. We have already placed an order worth Rs. 10, 00,000/- in Indian Currency.

M/s. Comptronics Inc. has requested us to provide a letter of credit in respect of the order mentioned above. We therefore, request your Bank to issue a Letter of Credit drawn in favour of M/s. Comptronics Inc. the letter of credit should remain in force for two months form the date of its issue. Please debit Current Account No. 38329 for the same.

Your early action in this regard shall be highly appreciated.

Thanking you,

                                                                                                                              Yours Sincerely,

                                                                                                                                   Jinnah.A               

                                                                                                                                  Secretary