1. Date: 30 Dec. 2020
Ref. No. GF/003/2020
To: To Whom It May Concern
Trough:
Letter of Intent (LOI) to Purchase Rice
I Mr. Ewnetu Teshome, under signed, as Manager of Gedeon & His Family Import Trading,
hereby confirm with full legal and corporate responsibility and under penalty of perjury that we
are ready, willing and able to enter into a contract for the purchase of the following commodity
as specified below and that funding is available including any import/export permits needed to
fulfill the purchase of the commodity as specified below. Also, hereby we introduce our
exclusive purchase representative as specified below for this purchase by which any
negotiations by the suppliers must be handled and finalized;
Commodity: Rice
Origin: India, Pakistan
Specifications: IR64 PARBOILD, 5% BROKEN RICE, 100% PURE AND SORTEXED.
Packaging: 25kg new pp bag
Total quantity: 3,000 ton
Quantity per month: 3,000 ton
Target Price: 310USD/ton
Destination Port: Djibouti sea port
Terms of delivery: FOB
Payment: LC
Our Company Information:
1. Company Name: Gedeon & His Family Import Trading
2. Company Origin: Ethiopia
3. Company Address: Addis Ababa, Ethiopia
We understand that any and all offer and/or contracts are subject to successful Seller
verification of funds availability. We hereby give our written permission for the Seller to conduct
a soft probe of our account and that our Bank has been informed to this effect.
Mr. Ewnetu Teshome
Manager
Gedeon & His Family Import Trading
