DEBIT NOTE

From：TAEGWANG TRADE Add: Rm.709,No.1128-4,Guro3-Dong,Guro-Gu,Seoul,Korea Tel. (＋82-2) 858-4012 Fax. 2602-4012 Re. No.:TGSB110620 Date：2011-06-20 REFNo.:080604BY-05 Date：July.1, 2008                                                       Contract No.：TGYU110516-001 PARTICULARS                          DEBIT BAL CREDIT BAL Item: Mill scale                  Spec:　Fe >68% Unit:  DMT        Quantity: 3505.5 Unit price:  FOB POHANG $161 Total amount:  $564,385.5              Already received by T/T(May 11th ): Already received by T/T(May 23th):                 　 Total amount:   $564,385.5 $564,385.5 $400,000.00 $154,000.00 $554,000.00                                         Balance: $10,385.5 Others：                                                                             ACCEPT  BY                                              TAEGWANG TRADE CO