PROCEDURE COVER SHEET

This page serves as cover for the following pages and forms part of the procedure.

TITLE OF DOCUMENT CONTRACT REGISTERATION DOCUMENT NO. NO. OF PAGES COPY CODE SLM-PR-003 3 1ST RELEASED DATE REVISION NO. REVISION DATE 29.10.07 01

NAME APPROVED BY PHAN TUAN ANH

DESIGNATION SALES & MARKETING MANAGER

SIGNATURE

DATE 29-10-07

PROCEDURE

SLM-PR-003

REV 01

PG 1

TITLE : CONTRACT REGISTERATION 1.0 SCOPE 1.1 This procedure covers the system for Contract Registration for storage and handling products with AP Petrochemical (Vietnam) Co.,Ltd (hereinafter referred to as APPV).

2.0

OBJECTIVES 2.1 The objective of this procedure is to ensure that customers inquiries are accurately interpreted, informed and reviewed internally to ensure APPV capabilities in fulfilling customers requirement. Upon confirmation of spot or term agreement, the details of the agreement shall be informed respectively to Operation and Finance Department on need-to-know basic. Then Operation and Finance Department shall execute operations and billing instructions in accordance to the details described in the summary.

2.2

3.0

RESPONSIBILITIES 3.1 The Sales & Marketing Manager is responsible for 3.1.1 interpreting and documenting of customers inquiries, 3.1.2 summarizing the key indications of the contracted agreement to inform the related departments, and 3.1.3 Acting as contact point for co-coordinating internally and externally with the customers.

4.0

PROCEDURES SLM-PR-003 REV 01 PG 2

PROCEDURE

4.1

Contract Finalization 4.1.1 Upon the negotiation process with the customer is finalized, the Sales & Marketing Department is to review all the details of the draft of contract for making sure that APPVs capabilities of fulfilling the customers requirements.

4.1.2 The contract then shall be initiated at all pages by Sales & Marketing Manager prior to submission to General Director for confirmation in writing. 4.1.3 The contract details then shall be summarized and informed to the respective departments by Sales & Marketing Manager. 4.2 Contract Registration (a) For term contracts, the relevant term agreements shall be signed on behalf of company by the General Director or Sales & Marketing Manager upon authorization from General Director to do so; the Sales & Marketing Department sends the relevant information in the appropriate form summarized of the agreed terms and conditions internally to Operation and Finance Department for above mentioned purposes;

(b)

5.0

DEFINITIONS Term contracts refer to contracts of at least one year covering the lease of the storage facilities and products handling services. Spot contracts refer to the short-term contracts of less than a year covering the lease of the storage facilities and products handling services.

6.0 7.0

REFERENCES RECORDS Records are filed per customer basis and kept for 5 years after end of the contract.

PROCEDURE

SLM-PR-003

REV 01

PG 3