CONFORMED COPY

|Dated                                                                                                                                                          |      | 26 August
|-------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---- | ---------
|                                                                                                                                                               | 2002 |          
|                                                                                                                                                              
|                                                                                                                                                               |      |          
|Trans-Continental Leaf Tobacco Corporation Limited,  Standard Commercial Tobacco Company (UK) Limited and  Standard Commercial Tobacco Co.,
Inc.(as Borrowers) | (1) 
|                                                                                                                                                               |     
|Standard Commercial Corporation(as Guarantor)                                                                                                                  | (2) 
|                                                                                                                                                               |     
|The Steering Committee                                                                                                                                         | (3) 
|                                                                                                                                                               |     
|Deutsche Bank A.G. in Hamburg(as Lead Bank)                                                                                                                    | (4) 
|                                                                                                                                                               |     
|Fortis Bank (Nederland) N.V.(as International Security Agent)                                                                                                  | (5) 
|                                                                                                                                                               |     
|Wachovia Bank, National Association(as US Security Agent)                                                                                                      | (6) 
|                                                                                                                                                               |     
|The Remaining Banks                                                                                                                                            | (7) 
|                                                                                                                                                               |     
|-and -                                                                                                                                                         |     
|                                                                                                                                                               |     
|The Exiting Banks                                                                                                                                              | (8) 
|                                                                                                                                                               |     
|                                                                                                                                                              
|SEVENTH SUPPLEMENTAL AGREEMENT TO THE MASTER FACILITIES AGREEMENT                                                                                              |     
|                                                                                                                                                              
|                                                                                                                                                               |      |          
|Lovells                                                                                                                                                       
|                                                                                                                                                               |      |          
|A6/KB/1032385                                                                                                                                                 
|                                                                                                                                                               |      |          



---



CONFORMED COPY

This Agreementis made on 26 August 2002

Between:

|(1)           | The Companies Listed in Schedule 1 (the Borrowers);                                                                                                                                                                                                                                                                                                                                 
|------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(2)           | Standard Commercial Corporation(Federal Tax Identification Number 13/1337610) whose registered office is at 2201 Miller Road, PO Box 450, Wilson NC 27894-0450, USA
(SCC);                                                                                                                                                                                                          
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(3)           | Deutsche Bank A.G. in Hamburg, Fortis Bank SA/N.V., Wachovia Bank, National Association, National Association, BHF Bank AG, and Standard Chartered Bank (theSteering
Committee);                                                                                                                                                                                                    
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(4)           | Deutsche Bank A.G. in Hamburg (theLead Bank);                                                                                                                                                                                                                                                                                                                                       
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(5)           | Fortis Bank (Nederland) N.V. (theInternational Security Agent);                                                                                                                                                                                                                                                                                                                     
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(6)           | Wachovia Bank, National Association (the US Security Agent);                                                                                                                                                                                                                                                                                                                        
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(7)           | The Banks Listed in Schedule 2 (theRemaining Banks); and                                                                                                                                                                                                                                                                                                                            
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(8)           | The Banks Listed in Schedule 3 (the Exiting Banks).                                                                                                                                                                                                                                                                                                                                 
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|Whereas:     
|             
|(A)           | On 5 May, 1995, certain of the parties entered into a Master Facilities Agreement.                                                                                                                                                                                                                                                                                                    
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(B)           | The Master Facilities Agreement was amended and supplemented by a first supplemental agreement dated 1 February 1996, a second supplemental agreement dated 16 July 1996, a third
supplemental agreement dated 31 July 1997, a fourth supplemental agreement dated 19 May 1999, a fifth supplemental agreement dated 15 May 2000 and a sixth supplemental agreement dated 7 June 2001.
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|(C)           | The parties now wish to amend and supplement the MFA as set out in this Agreement.                                                                                                                                                                                                                                                                                                    
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|It is Agreed:
|             
|1.            | Definitions                                                                                                                                                                                                                                                                                                                                                                           
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|1.1           | Save as expressly provided in this Agreement, expressions defined in the MFA shall bear the same meanings in this Agreement and principles of interpretation applicable to the MFA
shall also apply to this Agreement.                                                                                                                                                                
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|1.2           | In this Agreement the following expressions shall have the following respective meanings:                                                                                                                                                                                                                                                                                             
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|              | Effective Date for the purposes only of this Agreement, 26 August 2002 or, if later, the first date on which the Lead Bank shall have received the documents and
payments referred to in clause 3 below, satisfactory in form and substance to the Lead Bank and on which the Lead Bank is satisfied with the matters referred to in clause 3 of this Agreement; and                
|              |                                                                                                                                                                                                                                                                                                                                                                                       
|              | MFA means the Master Facilities Agreement dated 5th May 1995 as amended by a first Supplemental Agreement dated 1 February 1996, by a Second Supplemental Agreement
dated 16 July 1996, a Third Supplemental Agreement dated 31 July 1997, a Fourth                                                                                                                                 



---

CONFORMED COPY

- 2 -

|    | Supplemental Agreement dated 19 May 1999, a fifth supplemental agreement dated 15 May 2000 and a sixth supplemental agreement dated 7 June 2001 and otherwise as amended, varied,
supplemented and in force immediately prior to the Effective Date. 
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |                                                                                                                                                                                                                                                      
|1.3 | Unless otherwise specified, any reference in this Agreement to a Clause or a Schedule is to a Clause or a Schedule of the MFA.                                                                                                                       
|    |                                                                                                                                                                                                                                                      
|1.4 | This Agreement is a Finance Document.                                                                                                                                                                                                                
|    |                                                                                                                                                                                                                                                      
|2.  | Amendment                                                                                                                                                                                                                                            
|    |                                                                                                                                                                                                                                                      
|2.1 | Name Change                                                                                                                                                                                                                                          
|    |                                                                                                                                                                                                                                                      
|    | It was noted that First Union National Bank had changed its name to Wachovia Bank, National Association.                                                                                                                                             
|    |                                                                                                                                                                                                                                                      
|2.2 | Fortis Bank                                                                                                                                                                                                                                          
|    |                                                                                                                                                                                                                                                      
|    | It was noted that Fortis Bank (Nederland) NV has transferred its Commitment to Fortis Bank SA/NV.  Fortis Bank (Nederland) NV continues as International Security
Agent.                                                                             
|    |                                                                                                                                                                                                                                                      
|2.3 | Retirement of Banks                                                                                                                                                                                                                                  
|    |                                                                                                                                                                                                                                                      
|    | It was noted that with effect from the Effective Date, the Exiting Banks will cease to be Banks and their respective commitments will be reduced to zero.                                                                                            
|    |                                                                                                                                                                                                                                                      
|2.4 | Definition of Cash Flow Forecast                                                                                                                                                                                                                     
|    |                                                                                                                                                                                                                                                      
|    | With effect from the Effective Date, the definition of Cash Flow Forecast shall be changed to read as follows:                                                                                                                                     
|    |                                                                                                                                                                                                                                                      
|    | Each cash flow forecast now or hereafter delivered or to be delivered pursuant to clause 15.5(c) (Accounts) of this Agreement;                                                                                                                     
|    |                                                                                                                                                                                                                                                      
|2.5 | Steering Committee                                                                                                                                                                                                                                   
|    |                                                                                                                                                                                                                                                      
|    | With effect from the Effective Date, the definition of the Steering Committee shall be changed to read as follows:                                                                                                                                 
|    |                                                                                                                                                                                                                                                      
|    | The Lead Bank, the International Security Agent, the US Security Agent, BHF Bank AG and Standard Chartered Bank.                                                                                                                                   
|    |                                                                                                                                                                                                                                                      
|2.6 | Decrease in Facilities                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                      
|    | With effect from the Effective Date, the aggregate amount of the Facilities will be reduced to $210,000,000 and the Borrowers shall effect all necessary repayments to ensure that the
aggregate Outstandings of the Banks are less than this amount.
|    |                                                                                                                                                                                                                                                      
|2.7 | Final Repayment Date                                                                                                                                                                                                                                 
|    |                                                                                                                                                                                                                                                      
|    | With effect from the Effective Date, the Final Repayment Date shall be extended to be 31 July 2005.                                                                                                                                                  
|    |                                                                                                                                                                                                                                                      
|2.8 | Margin                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                      
|    | With effect from the Effective Date, the definition of Margin shall be amended to read as follows:                                                                                                                                                 



---

CONFORMED COPY

- 3 -

|     | Margin shall be determined in accordance with clause 6.2 as follows:                                                                                                          
|---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|     |                                                                                                                                                                                
|     | Interest Cover Ratio                                                                                                                                                           
|     |                                                                                                                                                                                
|     | Greater than 3.25:1                                                                                                                                                            
|     | Equal to or greater than 3.00:1 and less than or equal to 3.25:1                                                                                                               
|     | Equal to or greater than 2.5:1 and less than 3.00:1                                                                                                                            
|     | Equal to or greater than 2.25:1 and less than 2.5:1                                                                                                                            
|     | Equal to or greater than 2.0:1 and less than 2.25:1                                                                                                                            
|     | Equal to or greater than 1.75:1 and less than 2.00:1                                                                                                                           
|     | Less than 1.75:1                                                                                                                                                               
|     |                                                                                                                                                                                
|2.9  | Arrangement Fee                                                                                                                                                                
|     |                                                                                                                                                                                
|     | The Borrowers shall, on the Effective Date, pay to the Lead Bank for the Banks, arrangement fees as follows:                                                                   
|     |                                                                                                                                                                                
|     | Level of Bank Commitment                                                                                                                                                       
|     |                                                                                                                                                                                
|     | Less than or equal to $20 million                                                                                                                                              
|     | More than $20 million but less than $30 million                                                                                                                                
|     | More than or equal to $30 million                                                                                                                                              
|     |                                                                                                                                                                                
|2.10 | Borrower Covenants                                                                                                                                                             
|     |                                                                                                                                                                                
|     | (a)                                                                                                                                                                            
|     |                                                                                                                                                                                
|     | (b)                                                                                                                                                                            
|     |                                                                                                                                                                                
|     |                                                                                                                                                                                
|     |                                                                                                                                                                                
|2.11 | Auditors                                                                                                                                                                       
|     |                                                                                                                                                                                
|     | With effect from the Effective Date, the words Arthur Andersen shall be deleted from clause 14.31 of the MFA and the words Deloitte & Touche
shall be added to that clause.
|     |                                                                                                                                                                                



---

CONFORMED COPY

- 4 -

|2.12 | Changes to Information Covenants                                                                                                                                                                                                                                                      
|---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|     |                                                                                                                                                                                                                                                                                       
|     | (a)                                                                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                       
|     | (b)                                                                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                       
|     | (c)                                                                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     | (d)                                                                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|2.13 | Amendment to Events of Default an All Bank Decision                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                       
|     | With effect from the Effective Date the following words shall be added after the words Event of Default: (or, for the avoidance of doubt, any of the
Events of Default set out in clause 17.1 or any defined terms used in those Events of Default) (Demand on Event of Default),.
|     |                                                                                                                                                                                                                                                                                       
|2.14 | Amendments to MFA                                                                                                                                                                                                                                                                     
|     |                                                                                                                                                                                                                                                                                       
|     | With effect from the Effective Date, the MFA shall be amended and supplemented and shall take effect in the form set out in the Appendix to this document.                                                                                                                            
|     |                                                                                                                                                                                                                                                                                       
|3.   | Conditions Precedent                                                                                                                                                                                                                                                                  
|     |                                                                                                                                                                                                                                                                                       
|3.1  | (a)                                                                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                       
|     | (b)                                                                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       
|     |                                                                                                                                                                                                                                                                                       



---

CONFORMED COPY

- 5 -

|    |                                                                                                                                                                                                                                                                            | (ii)                                                                                                                                                                                                                                                                                                                                   | Authorising Board Resolutions: a certified copy of the resolutions of the board of directors referred to in paragraph (b)(i) above or an original Resolution by Circular Letter
of TCLTC in the agreed terms unless local legal counsel to the Lead Bank and the Security Agents advises that this is not necessary;                                                                                                                                                                                                                                                                                                                                                                        
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |                                                                                                                                                                                                                                                                            |                                                                                                                                                                                                                                                                                                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|    |                                                                                                                                                                                                                                                                            | (iii)                                                                                                                                                                                                                                                                                                                                  | Certificate of Authorisation of other Obligors: in relation to each Obligor other than the Borrowers and SCC, a certificate of one of its directors to the effect that the
requisite resolution of its board of directors has been duly and properly passed approving this Agreement and confirming that such resolutions are still in effect and have not been varied or rescinded or a certificate in such other form as local
legal counsel to the Lead Bank and the Security Agents consider to be satisfactory and also confirming that there have been no changes to the constitutional documents of the Obligors since the copies previously provided to the Lead Bank under the
MFA;
|    |                                                                                                                                                                                                                                                                            |                                                                                                                                                                                                                                                                                                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|    |                                                                                                                                                                                                                                                                            | (iv)                                                                                                                                                                                                                                                                                                                                   | Other Obligors Authorising Board Resolutions: a certified copy of the resolutions of the board of directors of each of the other Obligors referred to in paragraph
(b)(iii) above;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|    |                                                                                                                                                                                                                                                                            |                                                                                                                                                                                                                                                                                                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|    | (b)                                                                                                                                                                                                                                                                        | Directors Certificates:  a certificate (signed in each case by a duly authorised director) of each of the Borrowers and SCC and dated as of the
Effective Date that, after making diligent enquiry, the directors are not aware that any Event of Default or Potential Event of Default under the MFA has occurred and is Continuing;
|    |                                                                                                                                                                                                                                                                            |                                                                                                                                                                                                                                                                                                                                       
|    | (c)                                                                                                                                                                                                                                                                        | Exiting Bank letters: a letter from each of the Exiting Banks, addressed to the Lead Bank, confirming that no party to the MFA or any Finance Document or Security
Document has any further liabilities (actual or contingent) to it in connection with the MFA or any Finance Document or Security Document.                         
|    |                                                                                                                                                                                                                                                                            |                                                                                                                                                                                                                                                                                                                                       
|    | (d)                                                                                                                                                                                                                                                                        | Other Documentation:  such other documentation as the Lead Bank or the US Security Agent may specify in writing.                                                                                                                                                                                                                      
|    |                                                                                                                                                                                                                                                                            |                                                                                                                                                                                                                                                                                                                                       
|3.2 | The Lead Bank shall be entitled to disregard discrepancies in any of the conditions precedent produced to it pursuant to clause 3.1 of this Agreement where it considers
that such discrepancy is of a minor and non-material nature.                                     
|    |                                                                                                                                                                                                                                                                           
|3.3 | The representations and warranties in clause 13.1 of the MFA shall be deemed to be repeated on the date of this Agreement and on the Effective Date.                                                                                                                      
|    |                                                                                                                                                                                                                                                                           
|3.4 | All fees payable to the legal advisers of the Lead Bank in connection with the negotiation and preparation of this Agreement shall be paid together with any disbursements
and any applicable taxes in full within five Business Days of the Effective Date.              
|    |                                                                                                                                                                                                                                                                           
|4.  | Construction                                                                                                                                                                                                                                                              
|    |                                                                                                                                                                                                                                                                           
|4.1 | The MFA and this Agreement shall after the date of this Agreement be read and construed as one document and references in the MFA and each Finance Document to the MFA
shall be read and construed as references to the MFA as supplemented and amended by this Agreement.



---

CONFORMED COPY

- 6 -

|4.2 | The MFA shall continue in full force and effect, save as otherwise expressly amended by this Agreement.                                                                                                                                                                                                                           
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |                                                                                                                                                                                                                                                                                                                                   
|4.3 | The amendments contained in this Agreement shall be without prejudice to any rights and liabilities arising under the MFA by reference to any acts, omissions and events occurring
before such amendments come into effect.                                                                                                       
|    |                                                                                                                                                                                                                                                                                                                                   
|5.  | Costs and Expenses                                                                                                                                                                                                                                                                                                                
|    |                                                                                                                                                                                                                                                                                                                                   
|    | SCTC Inc. will reimburse the Lead Bank on demand all reasonable costs and expenses (including legal costs and out-of-pocket expenses) and all value added tax thereon incurred by it
in connection with the negotiation, preparation and execution of this Agreement and any condition precedent documentation contemplated in it.
|    |                                                                                                                                                                                                                                                                                                                                   
|6.  | Counterparts                                                                                                                                                                                                                                                                                                                      
|    |                                                                                                                                                                                                                                                                                                                                   
|    | This Agreement may be executed in any number of counterparts, all of which when taken together shall constitute a single instrument.                                                                                                                                                                                              
|    |                                                                                                                                                                                                                                                                                                                                   
|7.  | Notices                                                                                                                                                                                                                                                                                                                           
|    |                                                                                                                                                                                                                                                                                                                                   
|    | The provisions of Clause 32 (Notices) of the MFA shall be deemed to be incorporated, mutatis mutandis, in this Agreement.                                                                                                                                                                                                         
|    |                                                                                                                                                                                                                                                                                                                                   
|8.  | Governing Law and Jurisdiction                                                                                                                                                                                                                                                                                                    
|    |                                                                                                                                                                                                                                                                                                                                   
|    | The provisions of Clause 40 (Governing Law and Jurisdiction) of the MFA shall be deemed to be incorporated, mutatis mutandis, in this Agreement.                                                                                                                                                                                  

AS WITNESSthe hands of the parties the day and year first above written.

Schedule 1

The Borrowers

|Name                                               |  | Company Number
|-------------------------------------------------- |  | --------------
|                                                   |  |               
|Trans-Continental Leaf Tobacco Corporation Limited |  | H.LIV/14      
|Standard Commercial Tobacco Company (UK) Limited   |  | 1411968       
|Standard Commercial Tobacco Co., Inc.              |  | 56-0323420    



---

CONFORMED COPY

- 7 -

Schedule
2

The Remaining Banks

Berenberg Bank

BHF Bank AG

Commerzbank AG

Deutsche Bank AG in Hamburg

Dresdner Bank AG in Hamburg

Wachovia Bank, National Association

Fortis Bank SA/NV

Norddeutsche Landesbank Girozentrale

Standard Chartered Bank



---

CONFORMED COPY

- 8 -

Schedule
3

The Exiting Banks

ABN Amro Bank N.V.

Westdeutsche Landesbank Girozentrale

Centura Bank

KBC Bank N.V.



---

CONFORMED COPY

- 9 -

|Signature Pages                                                                                              
|-------------------------------------------------------------------------------------------------------------
|                                                                                                             
|The Borrowers                                                                                                
|                                                                                                             
|TRANS-CONTINENTAL LEAF TOBACCO CORPORATION LIMITED FL-9490 Vaduz Liechtenstein                               
|                                                                                                             
|Facsimile No:                                                                                                
|Attention:                                                                                                   
|                                                                                                             
|By:                                                                                                          
|                                                                                                             
|                                                                                                             
|                                                                                                             
|                                                                                                             
|STANDARD COMMERCIAL TOBACCO COMPANY (UK) LIMITED Standard House Weyside Park Godalming Surrey GU7 1XE England
|                                                                                                             
|Facsimile No:                                                                                                
|Attention:                                                                                                   
|                                                                                                             
|By:                                                                                                          
|                                                                                                             
|                                                                                                             
|                                                                                                             
|                                                                                                             
|STANDARD COMMERCIAL TOBACCO CO., INC.                                                                        
|                                                                                                             
|2201 Miller Road, P O Box 450, Wilson NC 27894-0450, USA                                                     
|                                                                                                             
|Facsimile No:                                                                                                
|Attention:                                                                                                   
|                                                                                                             
|By:                                                                                                          
|                                                                                                             
|                                                                                                             
|                                                                                                             
|                                                                                                             
|                                                                                                             



---

CONFORMED COPY

- 10 -

|SCC (As Guarantor)                                                                                                
|------------------------------------------------------------------------------------------------------------------
|                                                                                                                  
|STANDARD COMMERCIAL CORPORATION                                                                                   
|                                                                                                                  
|2201 Miller Road, P O Box 450, Wilson NC 27894-0450, USA                                                          
|                                                                                                                  
|Facsimile No:                                                                                                     
|Attention:                                                                                                        
|                                                                                                                  
|By:                                                                                                               
|                                                                                                                  
|                                                                                                                  
|                                                                                                                  
|                                                                                                                  
|The Lead Bank                                                                                                     
|                                                                                                                  
|DEUTSCHE BANK A.G. IN HAMBURG Corporate and Investment Bank Konzernbetreuung Adolphsplatz 7 20079 Hamburg, Germany
|                                                                                                                  
|Facsimile No:                                                                                                     
|Attention:    Bernd Krajnik                                                                                       
|                                                                                                                  
|By:                                                                                                               
|                                                                                                                  
|                                                                                                                  
|                                                                                                                  
|                                                                                                                  
|                                                                                                                  
|The International Security Agent                                                                                  
|                                                                                                                  
|FORTIS BANK (NEDERLAND) N.V. Coolsingel 93 PO Box 749 3000 AS Rotterdam Netherlands                               
|                                                                                                                  
|Facsimile No:                                                                                                     
|Attention:                                                                                                        
|                                                                                                                  
|By:                                                                                                               
|                                                                                                                  
|                                                                                                                  
|The US Security Agent                                                                                             
|                                                                                                                  
|WACHOVIA BANK, NATIONAL ASSOCIATION 301 South Tyron Street, T-28 Charlotte                                        
|                                                                                                                  



---

CONFORMED COPY

- 11 -

|NC 28288-0760 USA
|-----------------
|                 
|Facsimile No:    
|Attention:       
|                 
|By:              
|                 
|                 
|                 
|                 
|                 



---

CONFORMED COPY

- 12 -

|The Steering Committee                                                                                                   
|-------------------------------------------------------------------------------------------------------------------------
|                                                                                                                         
|DEUTSCHE BANK A.G. IN HAMBURG Corporate and Investment Bank Konzernbetreuung  Adolphsplatz 7 20079 Hamburg, Germany      
|                                                                                                                         
|Facsimile No:                                                                                                            
|Attention:                                                                                                               
|                                                                                                                         
|By:                                                                                                                      
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|FORTIS BANK SA/NV Camomile Court 23 Camomile Street London EC3A 7PP United Kingdom                                       
|                                                                                                                         
|Facsimile No:                                                                                                            
|Attention:                                                                                                               
|                                                                                                                         
|By:                                                                                                                      
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|WACHOVIA BANK, NATIONAL ASSOCIATION c/o First Union Securities, Inc. 301 South College Street Charlotte NC 28288-0760 USA
|                                                                                                                         
|Facsimile No:                                                                                                            
|Attention:                                                                                                               
|                                                                                                                         
|By:                                                                                                                      
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         



---

CONFORMED COPY

- 13 -

|BHF-BANK AKTIENGESELLSCHAFT Neuer Wall 54 20354 Hamburg Germany                                                                    
|-----------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                   
|Facsimile No:                                                                                                                      
|Attention:                                                                                                                         
|                                                                                                                                   
|By:                                                                                                                                
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|STANDARD CHARTERED BANK 22 Billiter Street London EC3M 2RY England                                                                 
|                                                                                                                                   
|Tel:                                                                                                                               
|Fax:                                                                                                                               
|Attention:                                                                                                                         
|                                                                                                                                   
|By:                                                                                                                                
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|The Remaining Banks                                                                                                                
|                                                                                                                                   
|DEUTSCHE BANK A.G. IN HAMBURG Corporate and Investment Bank, Konzembetreuung Konzernbetreuung Adolphsplatz 7 20079 Hamburg, Germany
|                                                                                                                                   
|Facsimile No:                                                                                                                      
|Attention:                                                                                                                         
|                                                                                                                                   
|By:                                                                                                                                
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   



---

CONFORMED COPY

- 14 -

|FORTIS BANK SA/NV Camomile Court 23 Camomile Street London EC3A 7PP United Kingdom                                       
|-------------------------------------------------------------------------------------------------------------------------
|                                                                                                                         
|Facsimile No:                                                                                                            
|Attention:                                                                                                               
|                                                                                                                         
|By:                                                                                                                      
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|WACHOVIA BANK, NATIONAL ASSOCIATION c/o First Union Securities, Inc. 301 South College Street Charlotte NC 28288-0760 USA
|                                                                                                                         
|Facsimile No:                                                                                                            
|Attention:                                                                                                               
|                                                                                                                         
|                                                                                                                         
|By:                                                                                                                      
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|NORDDEUTSCHE LANDESBANK GIROZENTRALE Brodschrangen 4 20457 Hamburg Germany                                               
|                                                                                                                         
|Facsimile No:                                                                                                            
|Attention:                                                                                                               
|                                                                                                                         
|By:                                                                                                                      
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         
|                                                                                                                         



---

CONFORMED COPY

- 15 -

|BERENBERG BANK Neuer Jungfernstieg 20 20354 Hamburg Germany       
|------------------------------------------------------------------
|                                                                  
|Facsimile No:                                                     
|Attention:                                                        
|                                                                  
|By:                                                               
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|BHF-BANK AKTIENGESELLSCHAFT Neuer Wall 54 20354 Hamburg Germany   
|                                                                  
|Facsimile No:                                                     
|Attention:                                                        
|                                                                  
|By:                                                               
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|COMMERZBANK A.G. Ness 7-9 20457 Hamburg Germany                   
|                                                                  
|Facsimile No:                                                     
|Attention:                                                        
|                                                                  
|By:                                                               
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|STANDARD CHARTERED BANK 22 Billiter Street London EC3M 2RY England
|                                                                  
|Tel:                                                              
|Fax:                                                              
|Attention:                                                        
|                                                                  
|By:                                                               
|                                                                  
|                                                                  
|                                                                  
|                                                                  
|                                                                  



---

CONFORMED COPY

- 16 -

|DRESDNER BANK AG IN HAMBURG Corporate Customers Betreuung Unternehmenskunden Hamburg 3 Jungfernstieg 22 20349 Hamburg Germany
|-----------------------------------------------------------------------------------------------------------------------------
|                                                                                                                             
|Tel:                                                                                                                         
|Fax:                                                                                                                         
|Attention:                                                                                                                   
|                                                                                                                             
|By:                                                                                                                          
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|The Exiting Banks                                                                                                            
|                                                                                                                             
|ABN AMRO BANK N.V. Global Commodity Finance PO Box 283 (HQ 4088) 1000EA Amsterdam The Netherlands                            
|                                                                                                                             
|Tel:                                                                                                                         
|Fax:                                                                                                                         
|Attention:                                                                                                                   
|                                                                                                                             
|By:                                                                                                                          
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|CENTURA BANK Corporate Banking PO Box 1220 131 N. Church Street Rocky Mound NC27802 USA                                      
|                                                                                                                             
|Tel:                                                                                                                         
|Fax:                                                                                                                         
|Attention:                                                                                                                   
|                                                                                                                             
|By:                                                                                                                          
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             
|                                                                                                                             



---

CONFORMED COPY

- 17 -

|WESTDEUTSCHE LANDESBANK GIROZENTRALE Niederlassung Berlin Unter den Linden 26-30 10117 Berlin Germany
|-----------------------------------------------------------------------------------------------------
|                                                                                                     
|Facsimile No:                                                                                        
|Attention:                                                                                           
|                                                                                                     
|By:                                                                                                  
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|KBC BANK N.V. Global Trade Finance Group Dashwood House 69 Old Street London EC2M 1GT England        
|                                                                                                     
|Tel:                                                                                                 
|Fax:                                                                                                 
|Attention:                                                                                           
|                                                                                                     
|By:                                                                                                  
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|                                                                                                     
|