Dear Mr. Schleifer:

We received your December 18 cable order for 150 dozen Camcorders at$20,560.00 per dozen C.I.F. New York. We thank you for the order andhave enclosed our Acknowledgment of Order. Regarding our execution ofyour order, we have taken the necessary procedures to get the exportlicense from the authorities. As requested, shipment will be made atthe earliest date possible.

According to the terms and conditions agreed upon, we look forward toyour cabling us a Credit concerning this order. We express our sincerethanks for this initial order and hope it will be the first of many.

Sincerely,

Ä£¾ÖÇÏ´Â Schleifer¾¾

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