Commercial proposal.

Vitebsk,

Dear Sirs, Unitary Enterprise «Vitebskoblgas» is a compound, multidivisional and technically well-equipped company. Our enterprise was reorganized in 2007, three peat- exctracting plants, which are situated in , and Shumilino areas of region, Belarus were incorporated in «Vitebskoblgas». In 2011 a new plant for the production of nutritive substrates and peat moss was put into operation. The plant is equipped with modern high-tech machines produced by Premier Tech and Kruviks companies. At present such products as peat moss packed in Big Bales, substrates, sod peat, composted peat are produced at these peat plants. 1. Peat moss packed in Big Bales (is used as the basis for the production of nutritive substrates or for the improvement of soil structure): Degree of decomposition – up to 20%, ash content — up to 10%, moisture content — up to 53%, acidity pH — 2,5-3,5 or 5,5-6,5; peat fractions – 0-7, 7-15, 15-30, 0-40; radioactivity — within the applied limits, wood inclusions — up to 1%, organic value – not less than 95%, HS code – 2703000000, volume of peat in a Big Bale — 4,5-6,0 cbm. Package: white plastic bags of 100 and 250 liters; Big Bale on the pallet covered with stretch film. 2. Substrats are produced on the basis of peat and the Dutch fertilizer «PGmix». They are used for growing seedlings of vegetables, flowers, trees and bushes, lawns and also for soil structure improvement. Composition: peat moss with 5,5- 6,5 pH acidity, mineral fertilizers mg/100g of dry substance: Nitrogen (N) 170- 270, Potassium (К20) 200-340; Phosphorus (Р2О5) 110-190 and complex of microelements (MN, MO, CU, FE, B, ZN). Package: plastic bags 5l, 10l, 20l, 55l, 100l, 250l, Big Bale. 3. Sod peat (is used for heating of homes and non-residential premises). Heat of combustion (calorie content) 3000-3400ccal/kg, moisture content — up to 45%, ash content — up to 5%, amount of small pieces of wood (less than 25mm) — up to 23%. SELLER: “Vitebskoblgas” UE Pravdy Str. 36 210029, Vitebsk The Republic of Belarus, UNP: 300002084

The Bank: Beneficiary's bank: Branch №200 OAO ASB Belarusbank, Vitebsk, Lenin Str. 10b Сurrent transit account: 3012077381369 SWIFT: AKBBBY21200 Bank code: MFO 150801635 (code 635); PIN: UNP 300229956. Сorrespondent bank: COMMERZBANK AG, Account №400886596600EUR AM MAIN SWIFT: COBADEFF

For more information, please contact us: Head of marketing and foreign affairs department — Kolmogortsev Leonid tel: +375 (0)212 49 36 42, fax: +375 212 47 30 70 e-mail: [email protected] http://peat.by/ Price-list in Dokshytsy

Name of the Goods рН Unit of Price in Euro FCA Measurement Krulevschizna

Peat moss packed in Big Bales, 8,6 fraction 0-7 2,5-3,5 cbm

5,5-6,5 cbm 8,7 Peat moss packed in Big Bales, 2,5-3,5 fraction 7-15 cbm 8,6 5,5-6,5 cbm 8,7 Peat moss packed in Big Bales, 2,5-3,5 cbm fraction 15-30 8,6 Peat moss packed in Big Bales, 2,5-3,5 cbm 8,0 fraction 0-40 5,5-6,5 cbm 8,1 Substrates packed in Big Bales 5,5-6,5 cbm 13,0 Peat moss packed in bales 2,5-3,5 bale 2,3 100L on a pallet 5,5-6,5 bale 2,4 Peat moss packed in bales 2,5-3,5 4,0 250L on a pallet bale 5,5-6,5 bale 4,1

5L bale 0,3 10L bale 0,5 Substrates packed in bales on a pallet 20L bale 0,9 55L bale 2,0 100L bale 2,5 250L bale 5,1

Price-list in Shumilino Name of the Goods рН Unit of Price in Euro FCA Measurement Peat moss packed in Big Bales, non-screened 2,5-3,5 cbm 8,5

Price-list in Chashniki Name of the Goods рН Unit of Price in Euro FCA Oktyabrsky Measurement Peat moss packed in Big Bales, non-screened 2,5-3,5 cbm 6,5