Document:

exv10w7

Exhibit 10.7

$1,000,000,000

AMENDED AND RESTATED FIVE-YEAR CREDIT AGREEMENT

dated as of June 15, 2004,

by and among

JONES APPAREL GROUP USA, INC.,

the Additional Obligors referred to herein,

the Lenders referred to herein,

CITIGROUP GLOBAL MARKETS INC. and J.P. MORGAN SECURITIES INC.,

as Joint Lead Arrangers

and Joint Bookrunners,

WACHOVIA BANK, NATIONAL ASSOCIATION,

as Administrative Agent,

and

CITIBANK, N.A. and JPMORGAN CHASE BANK,

as Syndication Agents,

and

BANK OF AMERICA, N.A., BARCLAYS BANK PLC and SUNTRUST BANK

as Documentation Agents

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE I DEFINITIONS
	 	 	1	 
	SECTION 1.1. Definitions
	 	 	1	 
	SECTION 1.2. General
	 	 	15	 
	SECTION 1.3. Other Definitions and Provisions
	 	 	15	 
	ARTICLE II REVOLVING CREDIT FACILITY
	 	 	16	 
	SECTION 2.1. Revolving Credit Loans
	 	 	16	 
	SECTION 2.2. Procedure for Advances of Revolving Credit Loans
	 	 	16	 
	SECTION 2.3. Repayment of Revolving Credit Loans
	 	 	17	 
	SECTION 2.4. Evidence of Debt
	 	 	17	 
	SECTION 2.5. Permanent Reduction of the Revolving Credit
Commitment
	 	 	18	 
	SECTION 2.6. Termination of Revolving Credit Facility
	 	 	18	 
	ARTICLE III LETTER OF CREDIT FACILITY
	 	 	18	 
	SECTION 3.1. L/C Commitment
	 	 	18	 
	SECTION 3.2. Procedure for Issuance of Letters of Credit
	 	 	19	 
	SECTION 3.3. Fees and Other Charges
	 	 	19	 
	SECTION 3.4. L/C Participations
	 	 	20	 
	SECTION 3.5. Reimbursement
	 	 	21	 
	SECTION 3.6. Obligations Absolute
	 	 	21	 
	SECTION 3.7 Effect of Application
	 	 	22	 
	ARTICLE IV COMPETITIVE BID FACILITY
	 	 	22	 
	SECTION 4.1. Bidding Procedure
	 	 	22	 
	SECTION 4.2. Minimum Amounts
	 	 	25	 
	SECTION 4.3. Bidding Availability
	 	 	25	 

i

 

	 	 	 	 	 
	 	 	Page	 
	SECTION 4.4. Repayment of Competitive Bid Loans
	 	 	25	 
	SECTION 4.5. Interest on Competitive Bid Loans
	 	 	26	 
	SECTION 4.6. Competitive Bid Notes
	 	 	26	 
	ARTICLE V GENERAL LOAN PROVISIONS
	 	 	26	 
	SECTION 5.1. Interest
	 	 	26	 
	SECTION 5.2. Notice and Manner of Conversion or Continuation
of Revolving Credit Loans
	 	 	28	 
	SECTION 5.3. Fees
	 	 	28	 
	SECTION 5.4. Manner of Payment
	 	 	30	 
	SECTION 5.5. Crediting of Payments and Proceeds
	 	 	30	 
	SECTION 5.6. Adjustments
	 	 	30	 
	SECTION 5.7. Nature of Obligations of Lenders Regarding
Extensions of Credit; Assumption by the Administrative Agent
	 	 	31	 
	SECTION 5.8. Joint and Several Liability of the Credit Parties
	 	 	31	 
	SECTION 5.9. Changed Circumstances
	 	 	33	 
	SECTION 5.10. Indemnity
	 	 	35	 
	SECTION 5.11. Capital Requirements
	 	 	36	 
	SECTION 5.12. Taxes
	 	 	36	 
	ARTICLE VI CLOSING; CONDITIONS OF CLOSING AND BORROWING
	 	 	38	 
	SECTION 6.1. Closing
	 	 	38	 
	SECTION 6.2. Conditions to Closing and Initial Revolving
Credit Loans and Letters of Credit
	 	 	38	 
	SECTION 6.3. Conditions to Extensions of Credit
	 	 	40	 
	SECTION 6.4. Conditions Precedent to Each Competitive Bid
Borrowing
	 	 	41	 
	ARTICLE VII REPRESENTATIONS AND WARRANTIES OF THE CREDIT PARTIES
	 	 	41	 
	SECTION 7.1. Representations and Warranties
	 	 	41	 
	SECTION 7.2. Survival of Representations and Warranties, Etc
	 	 	46	 
	ARTICLE VIII FINANCIAL INFORMATION AND NOTICES
	 	 	46	 

ii

 

	 	 	 	 	 
	 	 	Page	 
	SECTION 8.1. Financial Statements and Projections
	 	 	46	 
	SECTION 8.2. Officer’s Compliance Certificate
	 	 	47	 
	SECTION 8.3. Accountants’ Certificate
	 	 	47	 
	SECTION 8.4. Other Reports
	 	 	47	 
	SECTION 8.5. Notice of Litigation and Other Matters
	 	 	48	 
	SECTION 8.6. Accuracy of Information
	 	 	48	 
	ARTICLE IX AFFIRMATIVE COVENANTS
	 	 	48	 
	SECTION 9.1. Preservation of Corporate Existence and
Related Matters
	 	 	49	 
	SECTION 9.2. Maintenance of Property
	 	 	49	 
	SECTION 9.3. Insurance
	 	 	49	 
	SECTION 9.4. Accounting Methods and Financial Records
	 	 	49	 
	SECTION 9.5. Payment and Performance of Obligations
	 	 	49	 
	SECTION 9.6. Compliance With Laws and Approvals
	 	 	49	 
	SECTION 9.7. Environmental Laws
	 	 	49	 
	SECTION 9.8. Compliance with ERISA
	 	 	50	 
	SECTION 9.9. Conduct of Business
	 	 	50	 
	SECTION 9.10. Visits and Inspections
	 	 	50	 
	SECTION 9.11. Use of Proceeds
	 	 	50	 
	ARTICLE X FINANCIAL COVENANTS
	 	 	50	 
	SECTION 10.1. Interest Coverage Ratio
	 	 	51	 
	SECTION 10.2. Minimum Net Worth
	 	 	51	 
	ARTICLE XI NEGATIVE COVENANTS
	 	 	51	 
	SECTION 11.1. Limitations on Debt and Guaranty Obligations
	 	 	51	 
	SECTION 11.2. [Reserved]
	 	 	52	 
	SECTION 11.3. Limitations on Liens
	 	 	53	 
	SECTION 11.4. Limitations on Loans, Advances, Investments
and Acquisitions
	 	 	54	 

iii

 

	 	 	 	 	 
	 	 	Page	 
	SECTION 11.5. Limitations on Mergers and Liquidation
	 	 	55	 
	SECTION 11.6. Limitations on Sale or Transfer of Assets
	 	 	56	 
	SECTION 11.7. Limitations on Dividends and Distributions
	 	 	56	 
	SECTION 11.8. Transactions with Affiliates
	 	 	56	 
	SECTION 11.9. Changes in Fiscal Year End
	 	 	57	 
	SECTION 11.10. Amendments; Payments and Prepayments of
Material Debt and Subordinated Debt
	 	 	57	 
	ARTICLE XII DEFAULT AND REMEDIES
	 	 	57	 
	SECTION 12.1. Events of Default
	 	 	57	 
	SECTION 12.2. Remedies
	 	 	59	 
	SECTION 12.3. Rights and Remedies Cumulative; Non-Waiver; Etc
	 	 	60	 
	ARTICLE XIII THE ADMINISTRATIVE AGENT
	 	 	60	 
	SECTION 13.1. Appointment
	 	 	60	 
	SECTION 13.2. Delegation of Duties
	 	 	60	 
	SECTION 13.3. Exculpatory Provisions
	 	 	60	 
	SECTION 13.4. Reliance by the Administrative Agent
	 	 	61	 
	SECTION 13.5. Notice of Default
	 	 	61	 
	SECTION 13.6. Non-Reliance on the Administrative Agent and
Other Lenders
	 	 	62	 
	SECTION 13.7. Indemnification
	 	 	62	 
	SECTION 13.8. The Administrative Agent in Its Individual
Capacity
	 	 	62	 
	SECTION 13.9. Resignation of the Administrative Agent;
Successor Administrative Agent
	 	 	63	 
	SECTION 13.10. Syndication and Documentation Agents
	 	 	63	 
	ARTICLE XIV MISCELLANEOUS
	 	 	63	 
	SECTION 14.1. Notices
	 	 	63	 
	SECTION 14.2. Expenses; Indemnity
	 	 	64	 
	SECTION 14.3. Set-off
	 	 	65	 
	SECTION 14.4. Governing Law
	 	 	65	 

iv

 

	 	 	 	 	 
	 	 	Page	 
	SECTION 14.5. Consent to Jurisdiction
	 	 	65	 
	SECTION 14.6. Waiver of Jury Trial
	 	 	65	 
	SECTION 14.7. Reversal of Payments
	 	 	65	 
	SECTION 14.8. Injunctive Relief; Punitive Damages
	 	 	66	 
	SECTION 14.9. Accounting Matters
	 	 	66	 
	SECTION 14.10. Successors and Assigns; Participations
	 	 	66	 
	SECTION 14.11. Amendments, Waivers and Consents
	 	 	70	 
	SECTION 14.12. Performance of Duties
	 	 	72	 
	SECTION 14.13. All Powers Coupled with Interest
	 	 	72	 
	SECTION 14.14. Survival of Indemnities
	 	 	72	 
	SECTION 14.15. Titles and Captions
	 	 	72	 
	SECTION 14.16. Severability of Provisions
	 	 	72	 
	SECTION 14.17. Counterparts
	 	 	72	 
	SECTION 14.18. Term of Agreement
	 	 	72	 
	SECTION 14.19. Inconsistencies with Other Documents; Independent
Effect of Covenants
	 	 	72	 
	SECTION 14.20. Patriot Act
	 	 	72	 
	SECTION 14.21. Ratings of Loans
	 	 	73	 
	SECTION 14.22. Consent Under Three Year Credit Agreement
	 	 	73	 

Exhibits

Exhibit A- 1 — Form of Revolving Credit Note

Exhibit A- 2 — Form of Competitive Bid Note

Exhibit B-1 — Form of Notice of Revolving Credit Borrowing

Exhibit B-2 — Form of Notice of Competitive Bid Borrowing

Exhibit C — Form of Notice of Account Designation

Exhibit D — Form of Notice of Prepayment

Exhibit E — Form of Notice of Conversion/Continuation

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Exhibit F — Form of Officer’s Compliance Certificate

Exhibit G — Form of Assignment and Acceptance

Schedules

Schedule 1.1(a) — Lenders and Revolving Credit Commitments

Schedule 1.1(b) — Outstanding Letters of Credit

Schedule 7.1(b) — Subsidiaries and Capitalization

Schedule 7.1(n) — Material Adverse Change

Schedule 7.1(p) — Debt and Guaranty Obligations

Schedule 7.1(q) — Litigation

Schedule 11.3 — Existing Liens

Schedule 11.4 — Existing Loans, Advances and Investments

vi

 

AMENDED AND RESTATED FIVE-YEAR CREDIT AGREEMENT

Dated as of June 15, 2004

     JONES APPAREL GROUP USA, INC., a Pennsylvania corporation, the Additional Obligors (as
defined below), the Lenders who are or may become a party to this Agreement, CITIGROUP GLOBAL
MARKETS INC. and J.P. MORGAN SECURITIES INC., as Joint Lead Arrangers and Joint Bookrunners,
WACHOVIA BANK, NATIONAL ASSOCIATION, as Administrative Agent for the Lenders, CITIBANK, N.A. and
JPMORGAN CHASE BANK, as Syndication Agents, and BANK OF AMERICA, N.A., BARCLAYS BANK PLC and
SUNTRUST BANK, as Documentation Agents, agree as follows:

     PRELIMINARY STATEMENT. The Borrower, the Additional Obligors (other than Kasper, Ltd.),
the lenders parties thereto and Wachovia Bank, National Association (as successor in interest to
First Union National Bank), as administrative agent, are parties to a Five-Year Credit Agreement
dated as of June 15, 1999 (the “Prior Credit Agreement”). The Borrower, the Additional
Obligors, the parties hereto and Wachovia Bank, National Association, as Administrative Agent,
desire to amend the Prior Credit Agreement as herein set forth and to restate it in its entirety
giving effect to such amendment.

     NOW THEREFORE, the parties hereto agree that, subject to the conditions set forth in
Section 6.2, the Prior Credit Agreement is hereby amended and restated to read in its entirety as
follows:

ARTICLE I DEFINITIONS

SECTION 1.1. Definitions. The following terms when used in this Agreement shall have the
meanings assigned to them below:

               “Additional Debt Securities” shall have the meaning assigned
thereto in Section
11.1(f).

               “Additional Obligors” means the collective reference to Jones
Apparel Group, Jones
Apparel Group Holdings, Kasper, Ltd. and Nine West Footwear in their capacities as co-obligors
under this Agreement.

               “Administrative Agent” means Wachovia in its capacity as
Administrative Agent
hereunder, and any successor thereto appointed pursuant to Section 13.9.

               “Administrative Agent’s Office” means the office of the
Administrative Agent
specified in or determined in accordance with the provisions of Section 14.1(c).

               “Affiliate” means, with respect to any Person, any other Person
(other than a
Subsidiary) which directly or indirectly through one or more intermediaries, controls, or is
controlled by, or is under common control with, such first Person or any of its Subsidiaries. The
term “control” means the possession, directly or indirectly, of the power to direct or
cause the direction of the management and policies of a Person, whether through ownership of voting
securities, by contract or otherwise.

               “Agreement” means this Amended and Restated Five Year Credit
Agreement, as
amended, restated, supplemented or otherwise modified from time to time.

 

               “Alternative Currency” means (a) Pounds Sterling,
(b) the euro or (c) any
other
lawful currency (other than Dollars) acceptable to the Issuing Lenders which, in the case of this
clause (c), is freely transferable and convertible into Dollars in the United States currency
market and is freely available to all Issuing Lenders in the London interbank deposit market.

               “Alternative Currency L/C Commitment” means the lesser of
(a) One Hundred Million
Dollars ($100,000,000) and (b) the L/C Commitment.

               “Applicable Law” means all applicable provisions of
constitutions, laws, statutes,
ordinances, rules, treaties, regulations, permits, licenses, approvals, interpretations and orders
of courts or Governmental Authorities and all orders and decrees of all courts and arbitrators.

               “Applicable Margin” means, for purposes of calculating
(a) the Base Rate and LIBOR
Rate for purposes of Section 5.1(a), (b) the L/C Fee for purposes of Section 3.3(a) or (c) the
Facility Fee for purposes of Section 5.3(a), the corresponding rate set forth below for the
applicable rating of the senior, unsecured, long-term debt of the Credit Parties, on a collective
basis (the “Debt Rating”) publicly announced by Standard & Poor’s, a division of The
McGraw-Hill Companies (“S&P”), and Moody’s Investors Service, Inc. (“Moody’s”) as
follows:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Applicable Margin Per Annum	 
	Level	 	S&P Rating	 	 	Moody’s Rating	 	 	LIBOR Rate	 	 	Base Rate	 	 	Trade L/C Fee	 	 	Standby L/C Fee	 	 	Facility Fee	 
	I
	 	 	>=A-	 	 	 	>=A3	 	 	 	0.300	%	 	 	0.000	%	 	 	0.125	%	 	 	0.300	%	 	 	0.100	%
	II
	 	>=BBB+	 		>=Baa1		 	 	0.375	%	 	 	0.000	%	 	 	0.150	%	 	 	0.375	%	 	 	0.125	%
	III
	 	>=BBB	 		>=Baa2		 	 	0.475	%	 	 	0.000	%	 	 	0.200	%	 	 	0.475	%	 	 	0.150	%
	IV
	 	>=BBB-	 		>=Baa3		 	 	0.675	%	 	 	0.000	%	 	 	0.250	%	 	 	0.675	%	 	 	0.200	%
	V
	 	<=BB+	 		<=Ba1		 	 	0.875	%	 	 	0.000	%	 	 	0.300	%	 	 	0.875	%	 	 	0.250	%

provided, that if both Moody’s and S&P shall not have in effect a Debt Rating (other than by reason
of the circumstances referred to in the last sentence of this definition), then such Debt Rating
shall be deemed to be Level V. In the event that the corresponding Debt Ratings publicly announced
by S&P and Moody’s listed above differ by (a) one pricing level, the Applicable Margin shall be
based on the higher of the two ratings, and (b) two or more pricing levels, the Applicable Margin
shall be based on the rating one rating below the higher of the two ratings. Any change in the
Applicable Margin shall be effective as of the Business Day on which the applicable rating is
announced or is publicly available. If the rating system of S&P and Moody’s shall change, or if
both of such rating agencies shall cease to be in the business of rating corporate debt
obligations, the Borrower and the Lenders shall negotiate in good faith to amend this definition to
reflect such changed rating system or the unavailability of ratings from such rating agencies and,
pending the effectiveness of any such amendment, the Applicable Margin

2

 

shall be determined by reference to the rating most recently in effect prior to such change or
cessation.

               “Application” means an application, in the form specified by
any Issuing Lender
from time to time, requesting such Issuing Lender to issue a Letter of Credit.

               “Assignment and Acceptance” shall have the meaning assigned
thereto in Section
14.10(b)(ii).

               “Base Rate” means, at any time, the higher of (a) the
Prime Rate and (b) the sum
of (i) the Federal Funds Rate plus (ii) 1/2 of 1%; each change in the Base Rate shall take effect
simultaneously with the corresponding change or changes in the Prime Rate or the Federal Funds
Rate.

               “Base Rate Loan” means any Revolving Credit Loan bearing
interest at a rate based
upon the Base Rate as provided in Section 5.1(a).

               “Borrower” means Jones Apparel Group USA, Inc.

               “Business Day” means (a) any day other than a Saturday,
Sunday or legal holiday on
which banks in Charlotte, North Carolina, Philadelphia, Pennsylvania and New York, New York, are
not authorized or required by law to remain closed for the conduct of their commercial banking
business, (b) with respect to all notices and determinations in connection with, and payments of
principal and interest on, any LIBOR Rate Loan, the term “Business Day” shall also exclude
any day on which banks are not open for trading in Dollar deposits in the London interbank market,
(c) with respect to all notices and determinations in connection with, and payment of principal and
interest on, any L/C Obligation denominated in an Alternative Currency, the term “Business
Day” shall also exclude any day on which banks in London do not provide quotations for deposits
denominated in such Alternative Currency and (d) with respect to all notices and determinations in
connection with, and payment of principal and interest on, any Competitive Bid Loan denominated in
an Alternative Currency and bearing interest at the Floating Rate, the term “Business Day”
shall also exclude any day on which banks in London do not provide quotations for deposits
denominated in such Alternative Currency.

               “Capital Lease” means, with respect to the Credit Parties and
their Subsidiaries,
any lease of any property that should, in accordance with GAAP, be classified and accounted for as
a capital lease on a Consolidated balance sheet of the Credit Parties and their Subsidiaries.

               “Change in Control” shall have the meaning assigned thereto in
Section 12.1(h).

               “Closing Date” means the date of this Agreement or such later
Business Day upon
which each condition described in Section 6.2 shall be satisfied or waived in all respects.

               “Code” means the Internal Revenue Code of 1986, and the rules
and regulations
thereunder, each as amended, supplemented or otherwise modified from time to time.

3

 

               “Competitive Bid Borrowing” means a borrowing consisting of
simultaneous
Competitive Bid Loans from each of the Lenders whose offer to make one or more Competitive Bid
Loans as part of such borrowing has been accepted under the competitive bidding procedure described
in Article IV.

               “Competitive Bid Loan” means an advance by a Lender to the
Borrower as part of a
Competitive Bid Borrowing resulting from the competitive bidding procedure described in Article IV
and refers to a Fixed Rate Loan or a Floating Rate Loan.

               “Competitive Bid Note” means a promissory note of the Borrower
payable to the
order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness
of the Borrower to such Lender resulting from a Competitive Bid Loan made by such Lender.

               “Consolidated” means, when used with reference to financial
statements or
financial statement items of the Credit Parties and their Subsidiaries, such statements or items on
a consolidated basis in accordance with applicable principles of consolidation under GAAP.

               “Correspondent” means any financial institution designated by
an Issuing Lender to
act as such Issuing Lender’s correspondent hereunder with respect to the distribution and payment
of Letters of Credit denominated in an Alternative Currency.

               “Credit Facility” means the collective reference to the
Revolving Credit Facility
and the L/C Facility.

               “Credit Parties” means each of the Additional Obligors and the
Borrower.

               “Debt” means, with respect to the Credit Parties and their
Subsidiaries at any
date and without duplication, the sum of the following calculated in accordance with GAAP: (a) all
liabilities, obligations and indebtedness, in each case for borrowed money including but not
limited to obligations evidenced by bonds, debentures, notes or other similar instruments of any
such Person, (b) all obligations to pay the deferred purchase price of property or services of any
such Person, except trade payables arising in the ordinary course of business, (c) all obligations
of any such Person as lessee under Capital Leases, (d) all Debt of any other Person secured by a
Lien on any asset of any such Person, (e) all Guaranty Obligations of any such Person, (f) all
obligations, contingent or otherwise, of any such Person relative to the amount of drawn letters of
credit not reimbursed as required by the terms thereof, including without limitation any
Reimbursement Obligation not reimbursed as required by the terms hereof, and banker’s acceptances
issued for the account of any such Person, and (g) all net obligations incurred by any such Person
pursuant to Hedging Agreements.

               “Default” means any of the events specified in
Section 12.1 which with the passage
of time, the giving of notice or any other condition, would constitute an Event of Default.

               “Dispute” shall have the meaning assigned thereto in
Section 14.6.

               “Dollar Amount” shall mean (a) with regard to any
Obligation denominated in
Dollars, the amount thereof and (b) with regard to any Obligation denominated in

4

 

an Alternative Currency, the amount of Dollars which is equivalent to the sum of (i) the amount so
expressed in an Alternative Currency at the applicable-quoted spot rate on the appropriate page of
the Reuter’s Screen as determined by the Administrative Agent at the relevant time; plus (ii) any
amounts owed by the Borrower pursuant to Section 3.5(b).

               “Dollars” or “$” means, unless otherwise
qualified, dollars in lawful
currency of the United States.

               “EBITDAR” means, with respect to the Credit Parties and their
Subsidiaries on a
Consolidated basis for any period, the sum of (a) Net Income for such period, plus (b) the sum of
the following to the extent deducted in the determination of Net Income: (i) income and franchise
taxes, (ii) Interest Expense, (iii) amortization, depreciation, extraordinary non-cash losses and
any other non-cash charges (including amortization or write-off of goodwill, transaction expenses,
covenants not to compete and other intangible assets, and non-cash charges resulting from purchase
accounting related to any acquisition otherwise permitted pursuant to the terms of this Agreement)
and (iv) Rental Expense less (c) any items of extraordinary gain which were included in determining
Net Income.

               “Eligible Assignee” means, with respect to any assignment of
the rights, interest
and obligations of a Lender hereunder, a Person that is at the time of such assignment (a) a
commercial bank organized under the laws of the United States or any state thereof, having combined
capital and surplus in excess of $500,000,000, (b) a commercial bank organized under the laws of
any other country that is a member of the Organization of Economic Cooperation and Development, or
a political subdivision of any such country, having combined capital and surplus in excess of
$500,000,000, (c) a finance company, insurance company or other financial institution which in the
ordinary course of business extends credit of the type extended hereunder and that has total assets
in excess of $1,000,000,000, (d) already a Lender hereunder (whether as an original party to this
Agreement or as the assignee of another Lender) or an Affiliate of a Lender hereunder, (e) the
successor (whether by transfer of assets, merger or otherwise) to all or substantially all of the
commercial lending business of the assigning Lender, (f) any SPC solely to the extent permitted by
Section 14.10(h), or (g) any other Person that has been approved in writing as an Eligible Assignee
by the Borrower and the Administrative Agent.

               “Employee Benefit Plan” means any employee benefit plan within
the meaning of
Section 3(3) of ERISA which (a) is maintained for employees of the Borrower or any ERISA Affiliate
or (b) has at any time within the preceding six (6) years been maintained for the employees of the
Borrower or any current or former ERISA Affiliate.

               “EMU” mean economic and monetary union as contemplated in the
Treaty on European
Union.

               “Environmental Laws” means any and all federal, state and local
laws, statutes,
ordinances, rules, regulations, permits, licenses, approvals, binding interpretations and
orders of courts or Governmental Authorities, relating to the protection of human health or the
environment, including, but not limited to, requirements pertaining to the manufacture, processing,
distribution, use, treatment, storage, disposal, transportation, handling, reporting, licensing,
permitting, investigation or remediation of Hazardous Materials.

5

 

               “ERISA” means the Employee Retirement Income Security Act of
1974, and the rules
and regulations thereunder, each as amended, supplemented or otherwise modified from time to time.

               “ERISA Affiliate” means any Person who together with the
Borrower is treated as a
single employer within the meaning of Section 414(b), (c), (m) or (o) of the Code or Section
4001(b) of ERISA.

               “EURIBO Rate” means the rate appearing on Page 248 of the
Moneyline Telerate
Service (or on any successor or substitute page of such Service, or any successor to or substitute
for such Service, providing rate quotations comparable to those currently provided on such page of
such Service, as determined by the Administrative Agent from time to time for purposes of providing
quotations of interest rates applicable to deposits in euro by reference to the Banking Federation
of the European Union Settlement Rates for deposits in euro) at approximately 10:00 a.m., London
time, two Business Days prior to the commencement of such Interest Period, as the rate for deposits
in euro with a maturity comparable to such Interest Period or, if for any reason such rate is not
available, the average (rounded upward to the nearest whole multiple of 1/100 of 1% per annum, if
such average is not such a multiple) of the respective rates per annum at which deposits in euros
are offered by the Reference Group in London, England to prime banks in the London interbank market
at 11:00 A.M. (London time) two Business Days before the first day of such Interest Period in an
amount substantially equal to the amount of the applicable Competitive Bid Loan.

               “euro” means the single currency of the European Union as
constituted by the
Treaty on European Union and as referred to in the legislative measures of the European Union for
the introduction of, changover to or operation of the euro in one or more member states.

               “Eurodollar Reserve Percentage” means, for any day, the
percentage (expressed as a
decimal and rounded upwards, if necessary, to the next higher 1/100th of 1%) which is in effect for
such day as prescribed by the Federal Reserve Board (or any successor) for determining the maximum
reserve requirement (including without limitation any basic, supplemental or emergency reserves) in
respect of eurocurrency liabilities or any similar category of liabilities for a member bank of the
Federal Reserve System in New York City.

               “Event of Default” means any of the events specified in
Section 12.1, provided
that any requirement for passage of time, giving of notice, or any other condition, has been
satisfied.

               “Existing Debt Securities” means the 7.50% Senior Notes due
2004, the 8 3/8%
Series B Senior Notes due 2005, the 7.875% Senior Notes due 2006 and the Zero Coupon Convertible
Senior Notes due 2021 of Jones Apparel Group.

               “Existing Loans” shall have the meaning assigned thereto in
Section 6.2(f).

               “Extensions of Credit” means, as to any Lender at any time,
(a) an amount equal to
the sum of (i) the aggregate principal amount of all Revolving Credit Loans made by such Lender
then outstanding, and (ii) such Lender’s Revolving Credit Commitment Percentage of the Dollar
Amount of (A) the L/C Obligations then outstanding and (B) the

6

 

Competitive Bid Loans then outstanding, or (b) the making of any Loan or participation in any
Letter of Credit by such Lender, as the context requires.

               “Facility Fee” shall have the meaning assigned thereto in
Section 5.3(a).

               “FDIC” means the Federal Deposit Insurance Corporation, or any
successor thereto.

               “Federal Funds Rate” means, the rate per annum (rounded
upwards, if necessary, to
the next higher 1/100th of 1%) representing the daily effective federal funds rate as quoted by the
Administrative Agent and confirmed in Federal Reserve Board Statistical Release H.15 (519) or any
successor or substitute publication selected by the Administrative Agent. If, for any reason, such
rate is not available, then “Federal Funds Rate” shall mean a daily rate which is
determined, in the opinion of the Administrative Agent, to be the rate at which federal funds are
being offered for sale in the national federal funds market at 9:00 a.m. (Charlotte time). Rates
for weekends or holidays shall be the same as the rate for the most immediate preceding Business
Day.

               “Fiscal Year” means the fiscal year of the Credit Parties and
their Subsidiaries
ending on December 31.

               “Fixed Rate Loan” has the meaning specified in
Section 4.1(a).

               “Floating Rate Loan” means a Competitive Bid Loan bearing
interest based on the
EURIBO Rate or LIBOR.

               “Foreign Lender” means any Lender that is organized under the
laws of a
jurisdiction other than that in which the Borrower is located. For purposes of this definition, the
United States of America, each state thereof and the District of Columbia shall be deemed to
constitute a single jurisdiction.

               “GAAP” means generally accepted accounting principles, as
recognized by the
American Institute of Certified Public Accountants and the Financial Accounting Standards Board,
consistently applied and maintained on a consistent basis for the Credit Parties and their
Subsidiaries throughout the period indicated.

               “Governmental Approvals” means all authorizations, consents,
approvals, licenses
and exemptions of, registrations and filings with, and reports to, all Governmental Authorities.

               “Governmental Authority” means any nation, province, state or
political
subdivision thereof, and any government or any Person exercising executive, legislative, regulatory
or administrative functions of or pertaining to government, and any corporation or other entity
owned or controlled, through stock or capital ownership or otherwise, by any of the foregoing.

               “Granting Lender” shall have the meaning assigned thereto in
Section 14.10(h).

               “Guaranty Obligation” means, with respect to the Credit Parties
and their
Subsidiaries, without duplication, any obligation, contingent or otherwise, of any such Person
pursuant to which such Person has directly or indirectly guaranteed any Debt or

7

 

other obligation of any other Person and, without limiting the generality of the foregoing,
any obligation, direct or indirect, contingent or otherwise, of any such Person (a) to purchase or
pay (or advance or supply funds for the purchase or payment of) such Debt or other obligation
(whether arising by virtue of partnership arrangements, by agreement to keep well, to purchase
assets, goods, securities or services, to take-or-pay, or to maintain financial statement condition
or otherwise) or (b) entered into for the purpose of assuring in any other manner the obligee of
such Debt or other obligation of the payment thereof or to protect such obligee against loss in
respect thereof (in whole or in part); provided, that the term Guaranty Obligation shall not
include (i) endorsements for collection or deposit in the ordinary course of business or (ii) a
contractual commitment by one Person to invest in another Person for so long as such investment is
expected to constitute a permitted investment under Section 11.4.

     “Hazardous Materials” means any substances or materials (a) which are or become
defined as hazardous wastes, hazardous substances, pollutants, contaminants, chemical substances or
mixtures or toxic substances under any Environmental Law, (b) which are toxic, explosive,
corrosive, flammable, infectious, radioactive, carcinogenic, mutagenic or otherwise harmful to
human health or the environment and are or become regulated by any Governmental Authority, (c) the
presence of which require investigation or remediation under any Environmental Law, (d) the
discharge or emission or release of which requires a permit or license under any Applicable Law or
other Governmental Approval, or (e) which contain, without limitation, asbestos, polychlorinated
biphenyls, urea formaldehyde foam insulation, petroleum hydrocarbons, petroleum derived substances
or waste, crude oil, nuclear fuel, natural gas or synthetic gas.

     “Hedging Agreement” means any agreement with respect to an interest rate swap, collar,
cap, floor or forward rate agreement or other agreement regarding the hedging of interest rate risk
exposure executed in connection with hedging the interest rate exposure of any Credit Party, and
any confirming letter executed pursuant to such hedging agreement, all as amended, restated or
otherwise modified from time to time.

     “Interest Coverage Ratio” shall have the meaning assigned thereto in Section 10.1.

     “Interest Expense” means, for any period, total interest expense (including, without
limitation, interest expense attributable to Capital Leases) determined on a consolidated basis,
without duplication, for the Credit Parties and their Subsidiaries in accordance with GAAP.

     “Interest Period” shall have the meaning assigned thereto in Section 5.1(b).

     “ISP 98” means the International Standby Practices (1998 Revision, effective January
1, 1999), International Chamber of Commerce Publication No. 590.

     “Issuing Lender” means Wachovia, Citibank, N.A., JPMorgan Chase Bank and Bank of
America, N.A., each in its capacity as issuer of any Letter of Credit, and any other
Lender mutually acceptable and on terms satisfactory to the Borrower, the Administrative Agent and
such Lender; and Issuing Lenders means all such Lenders.

     “Jones Apparel Group” means Jones Apparel Group, Inc., a Pennsylvania corporation.

8

 

     “Jones Apparel Group Holdings” means Jones Apparel Group Holdings, Inc., a Delaware
corporation.

     “Kasper, Ltd.” means Kasper, Ltd., a Delaware corporation.

     “L/C Commitment” means One Billion Dollars ($1,000,000,000).

     “L/C Facility” means the letter of credit facility established pursuant to Article III
hereof.

     “L/C Fee” shall have the meaning assigned thereto in Section 3.3(a).

     “L/C Obligations” means at any time, an amount equal to the sum of (a) the aggregate
undrawn and unexpired amount of the then outstanding Letters of Credit and (b) the aggregate amount
of drawings under Letters of Credit which have not then been reimbursed pursuant to Section 3.5.

     “L/C Participants” means the collective reference to all the Lenders having a
Revolving Credit Commitment other than the applicable Issuing Lender.

     “Lender” means each Person executing this Agreement as a Lender set forth on the
signature pages hereto and each Person that hereafter becomes a party to this Agreement as a Lender
pursuant to Section 14.10 other than any party hereto that ceases to be a party hereto pursuant to
any Assignment and Acceptance.

     “Lending Group Members” means the collective reference to (a) the Lenders party to
this Agreement and (b) the lenders party to the Three-Year Credit Agreement.

     “Lending Office” means, with respect to any Lender, for Revolving Credit Loans, the
office of such Lender maintaining such Lender’s Revolving Credit Commitment Percentage of the
Revolving Credit Loans and, in the case of a Competitive Bid Loan, the office of such Lender
notified by such Lender to the Agent as its Lending Office with respect to such Competitive Bid
Loan.

     “Letters of Credit” shall have the meaning assigned thereto in Section 3.1.

     “LIBOR” means the rate of interest per annum determined on the basis of the rate for
deposits in Dollars or an Alternative Currency (other than euro) in minimum amounts of at least
$5,000,000 or the approximate Dollar Amount thereof, in the case of an Alternative Currency, for a
period equal to the applicable Interest Period which appears on the Moneyline Telerate Markets
Screen 3750 (or on any successor or substitute page of such service, or any successor to or
substitute for such service, providing rate quotations comparable to those currently provided on
such page of such service, as determined by the Administrative Agent from time to time for purposes
of providing quotations of interest rates applicable to deposits in such currency in the London
interbank market) at approximately 11:00 a.m. (London time) two (2) Business Days prior to the
first day of the applicable Interest Period (rounded upward, if necessary, to the nearest one
hundredth of one percent (1/100%)). If, for any reason, such rate does not appear on Moneyline
Telerate Markets Screen 3750, then “LIBOR” shall be determined by the Administrative Agent
to be the arithmetic average (rounded upward, if necessary, to the nearest one-hundredth of one
percent (1/100%)) of the rate per annum at which

9

 

deposits in Dollars or an Alternative Currency would be offered by the Reference Group in the
London interbank market to the Administrative Agent as of approximately 11:00 a.m. (London time)
two (2) Business Days prior to the first day of the applicable Interest Period for a period equal
to such Interest Period and in an amount substantially equal to the amount of the applicable
Revolving Credit Loan or the applicable Competitive Bid Loan, as the case may be.

     “LIBOR Rate” means a rate per annum (rounded upwards, if necessary, to the next higher
1/100th of 1%) determined by the Administrative Agent pursuant to the following formula:

	 	 	 	 	 	 	 
	LIBOR RATE

	 	=	 	 	LIBOR 	 
	 

	 	 	 	 
	 

	 	 	1.00 — Eurodollar Reserve Percentage	 

     “LIBOR Rate Loan” means any Revolving Credit Loan bearing interest at a rate based
upon the LIBOR Rate as provided in Section 5.1(a).

     “Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security
interest or encumbrance of any kind in respect of such asset. For the purposes of this Agreement, a
Person shall be deemed to own subject to a Lien any asset which it has acquired or holds subject to
the interest of a vendor or lessor under any conditional sale agreement, Capital Lease or other
title retention agreement relating to such asset.

     “Loan” means a Revolving Credit Loan or a Competitive Bid Loan.

     “Loan Documents” means, collectively, this Agreement, the Notes, the Applications and
each other document, instrument and agreement executed and delivered by any Credit Party, its
Subsidiaries or their counsel in connection with this Agreement, all as may be amended, restated,
supplemented or otherwise modified.

     “Material Adverse Effect” means, with respect to the Credit Parties or any of their
Subsidiaries, a material adverse effect on the business, assets, operations or financial condition
of the Credit Parties and their Subsidiaries taken as a whole or the ability of any such Person to
perform its obligations under the Loan Documents, in each case to which it is a party.

     “Multiemployer Plan” means a “multiemployer plan” as defined in Section
4001(a)(3) of ERISA to which the Borrower or any ERISA Affiliate is making (or has made), or is
accruing (or has accrued) an obligation to make, contributions either presently or within the
preceding six years.

     “Net Income” means, with respect to the Credit Parties and their Subsidiaries for any
period, the Consolidated net income (or loss) of the Credit Parties and their Subsidiaries for such
period determined in accordance with GAAP; provided, that there shall be excluded from net
income (or loss) of a Person (the “computing Person”), the income (or loss) of any Person (other
than a Subsidiary of the computing Person) in which the computing Person has an ownership interest
unless received by the computing Person in a cash distribution.

     “Net Worth” means, with respect to the Credit Parties and their Subsidiaries, as of
any date, the total shareholders’ equity that would appear on a Consolidated balance

10

 

sheet of the Credit Parties and their Subsidiaries prepared as of such date in accordance with
GAAP.

     “Nine West Footwear” means Nine West Footwear Corporation, a Delaware corporation.

     “Note” means a Revolving Credit Note or a Competitive Bid Note.

     “Notice of Account Designation” shall have the meaning assigned thereto in Section
2.2(b).

     “Notice of Competitive Bid Borrowing” shall have the meaning assigned thereto in
Section 4.1.

     “Notice of Conversion/Continuation” shall have the meaning assigned thereto in Section
5.2.

     “Notice of Prepayment” shall have the meaning assigned thereto in Section 2.3(c).

     “Notice of Revolving Credit Borrowing” shall have the meaning assigned thereto in
Section 2.2(a).

     “Obligations” means, in each case, whether now in existence or hereafter arising: (a)
the principal of and interest on (including interest accruing after the filing of any bankruptcy or
similar petition) the Loans, (b) the L/C Obligations, (c) all payment and other obligations owing
by the Credit Parties to any Lender or Affiliate of a Lender or the Administrative Agent under any
Hedging Agreement with any Lender or Affiliate of a Lender (which such Hedging Agreement is
permitted hereunder), and (d) all other fees and commissions (including attorney’s fees), charges,
indebtedness, loans, liabilities, financial accommodations, obligations, covenants and duties owing
by the Credit Parties to the Lenders or the Administrative Agent, of every kind, nature and
description, direct or indirect, absolute or contingent, due or to become due, contractual or
tortious, liquidated or unliquidated, and whether or not evidenced by any note, in each case under
or in respect of this Agreement, any Note, any Letter of Credit or any of the other Loan Documents.

     “Officer’s Compliance Certificate” shall have the meaning assigned thereto in Section
8.2.

     “Operating Lease” shall mean, as to any Person, as determined in accordance with GAAP,
any lease of property (whether real, personal or mixed) by such Person as lessee which is not a
Capital Lease.

     “Other Taxes” shall have the meaning assigned thereto in Section 5.12(b).

     “Outstanding Letters of Credit” means each letter of credit described on Schedule
1.1(b) and outstanding as of the Closing Date.

     “PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in ERISA
or any successor agency.

11

 

     “Pension Plan” means any Employee Benefit Plan, other than a Multiemployer Plan, which
is subject to the provisions of Title IV of ERISA or Section 412 of the Code.

     “Permitted Investment Policy” of the Credit Parties means the investment policy of the
Credit Parties as in effect on the date of this Agreement which has been approved by the
Board of Directors of Jones Apparel Group, as amended, restated, supplemented or otherwise modified
from time to time.

     “Permitted Lines of Business” shall have the meaning assigned thereto in Section 9.9.

     “Person” means an individual, corporation, limited liability company, partnership,
association, trust, business trust, joint venture, joint stock company, pool, syndicate, sole
proprietorship, unincorporated organization, Governmental Authority or any other form of entity or
group thereof.

     “Pounds Sterling” means, unless otherwise qualified, pounds sterling in lawful
currency of the United Kingdom.

     “Prime Rate” means, at any time, the rate of interest per annum publicly announced
from time to time by Wachovia as its prime rate in effect at its principal office in Charlotte,
North Carolina. Each change in the Prime Rate shall be effective as of the opening of business on
the day such change in the Prime Rate occurs. The parties hereto acknowledge that the rate
announced publicly by Wachovia as its Prime Rate is an index or base rate and shall not necessarily
be its lowest or best rate charged to its customers or other banks.

     “Prior Credit Agreement” shall have the meaning assigned thereto in the Preliminary
Statement.

     “Prior Lenders” means, collectively, the lenders party to the Prior Credit Agreement.

     “Reference Group” shall mean the Lenders party to this Agreement on the Closing Date.

     “Register” shall have the meaning assigned thereto in Section 2.4(a).

     “Reimbursement Obligation” means the obligation of the Borrower to reimburse each
Issuing Lender pursuant to Section 3.5 for amounts drawn under Letters of Credit.

     “Rental Expense” means all obligations of the Credit Parties or any of their
Subsidiaries for payments under Operating Leases.

     “Required Agreement Lenders” means, at any date, any combination of Lenders whose
Revolving Credit Commitment Percentage equals at least fifty-one percent (51%) of the Revolving
Credit Commitment or if the Revolving Credit Commitment has been terminated, any combination of
Lenders who collectively hold at least fifty-one percent (51%) of the aggregate unpaid principal
amount of the Extensions of Credit (other than Competitive Bid Loans).

12

 

     “Required Lenders” means, at any date, any combination of Lending Group Members whose
Total Committed Percentage equals at least fifty-one percent (51%) of the Total Committed Amount.

     “Responsible Officer” means any of the following: the chairman, president, chief
executive officer, chief financial officer or vice president and corporate controller of the
Borrower or Jones Apparel Group or any other officer of the Borrower or Jones Apparel Group
reasonably acceptable to the Administrative Agent.

     “Revolving Credit Commitment” means (a) as to any Lender, the obligation of such
Lender to make Revolving Credit Loans to the Borrower and to participate in Letters of Credit
hereunder in an aggregate principal amount at any time outstanding not to exceed the amount set
forth opposite such Lender’s name on Schedule 1.1(a) hereto as such amount may be reduced or
modified at any time or from time to time pursuant to the terms hereof and (b) as to all Lenders,
the aggregate Revolving Credit Commitment of all Lenders to make Revolving Credit Loans, as such
amount may be reduced at any time or from time to time pursuant to the terms hereof. The Revolving
Credit Commitment of all Lenders on the Closing Date shall be One Billion Dollars ($1,000,000,000).

     “Revolving Credit Commitment Percentage” means, as to any Lender at any time, the
ratio of (a) the amount of the Revolving Credit Commitment of such Lender to (b) the Revolving
Credit Commitment of all of the Lenders.

     “Revolving Credit Facility” means the revolving credit facility established pursuant
to Article II hereof.

     “Revolving Credit Loans” means any revolving loan made to the Borrower pursuant to
Section 2.1, and all such revolving loans collectively as the context requires.

     “Revolving Credit Notes” means the collective reference to the Revolving Credit Notes
made by the Borrower under this Agreement payable to the order of any such Lender requesting such
note, substantially in the form of Exhibit A-1 hereto, evidencing the obligation owed to such
Lender under the Revolving Credit Facility, and any amendments and modifications thereto, any
substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole
or in part; “Revolving Credit Note” means any of such Revolving Credit Notes.

     “Revolving Credit Termination Date” means the earliest of the dates referred to in
Section 2.6.

     “SPC” shall have the meaning assigned thereto in Section 14.10(h).

     “Subordinated Debt” means the collective reference to Debt on Schedule 7.1(p) hereof
designated as Subordinated Debt and any other Debt of the Credit Parties or any
Subsidiary thereof subordinated in right and time of payment to the Obligations and otherwise
permitted hereunder.

     “Subsidiary” means, with respect to any Person (the “parent”) at any date, any
corporation, limited liability company, partnership, association or other entity the accounts of
which would be Consolidated with those of the parent in the parent’s Consolidated financial
statements if such financial statements were prepared in

13

 

accordance with GAAP as of such date, as well as any other corporation, limited liability company,
partnership, association or other entity (a) of which securities or other ownership interests
representing more than fifty percent (50%) of the equity or more than fifty percent (50%) of the
ordinary voting power or, in the case of a partnership, more than fifty percent (50%) of the
general partnership interests are, as of such date, owned, controlled or held, or (b) that is, as
of such date, otherwise controlled, by the parent or one or more subsidiaries of the parent. Unless
otherwise qualified references to “Subsidiary” or “Subsidiaries” herein shall refer
to those of the Borrower.

     “Syndication Agents” means Citibank, N.A. and JPMorgan Chase Bank, each in their
capacity as syndication agent hereunder, and any successor thereto.

     “Taxes” shall have the meaning assigned thereto in Section 5.12(a).

     “Termination Event” means: (a) a “Reportable Event” described in Section 4043
of ERISA, or (b) the withdrawal of the Borrower or any ERISA Affiliate from a Pension Plan during a
plan year in which it was a “substantial employer” as defined in Section 4001(a)(2) of
ERISA, or (c) the termination of a Pension Plan, the filing of a notice of intent to terminate a
Pension Plan or the treatment of a Pension Plan amendment as a termination under Section 4041 of
ERISA, or (d) the institution of proceedings to terminate, or the appointment of a trustee with
respect to, any Pension Plan by the PBGC, or (e) any other event or condition which would
constitute grounds under Section 4042(a) of ERISA for the termination of, or the appointment of a
trustee to administer, any Pension Plan, or (f) the partial or complete withdrawal of the Borrower
or any ERISA Affiliate from a Multiemployer Plan, or (g) the imposition of a Lien pursuant to
Section 412 of the Code or Section 302 of ERISA, or (h) any event or condition which results in the
reorganization or insolvency of a Multiemployer Plan under Sections 4241 or 4245 of ERISA, or (i)
any event or condition which results in the termination of a Multiemployer Plan under Section 4041A
of ERISA or the institution by PBGC of proceedings to terminate a Multiemployer Plan under Section
4042 of ERISA.

     “Three-Year Credit Agreement” means the Three-Year Credit Agreement dated as of June
10, 2003 by and among the Borrower, the Additional Obligors thereunder, the
Administrative Agent thereunder and the financial institutions party thereto, as amended, restated,
supplemented, replaced, refinanced or otherwise modified from time to time.

     “Three-Year Credit Agreement Obligations” means the obligations of the Borrower and
the Additional Obligors thereunder under the Three-Year Credit Agreement.

     “Total Committed Amount” means (a) as to any Lending Group Member, the sum of (i) the
Revolving Credit Commitment of such Lending Group Member (or, if such Revolving Credit Commitment
has been terminated, the aggregate unpaid principal amount of all outstanding Extensions of Credit
(other than Competitive Bid Loans) of such Lending Group Member) plus (ii) the Revolving Credit
Commitment (as defined in the Three-Year Credit Agreement) of such Lending Group Member (or, if
such Revolving Credit Commitment has been terminated, the aggregate unpaid principal amount of all
outstanding Extensions of Credit (as defined in the Three-Year Credit Agreement) of such Lending
Group Member) and (b) as to all Lenders, the aggregate Total Committed Amount of all Lending Group
Members.

14

 

     “Total Committed Percentage” means, as to any Lending Group Member at any time, the
ratio of (a) the amount of the Total Committed Amount of such Lending Group Member to (b) the
aggregate Total Committed Amount of all Lending Group Members.

     “Treaty on European Union” means the Treaty of Rome of March 25, 1957, as amended by
the Single European Act 1986 and the Maastricht Treaty (signed February 7, 1992), as amended from
time to time.

     “UCC” means the Uniform Commercial Code as in effect in the State of New York, as
amended, restated or otherwise modified from time to time.

     “Uniform Customs” means the Uniform Customs and Practice for Documentary Credits (1994
Revision), International Chamber of Commerce Publication No. 500.

     “United States” means the United States of America.

     “Utilization Fee” shall have the meaning assigned thereto in Section 5.3(b).

     “Wachovia” means Wachovia Bank, National Association, a national banking association,
and its successors.

     “Wholly-Owned” means, with respect to a Subsidiary, that all of the shares of capital
stock or other ownership interests of such Subsidiary (other than directors’ qualifying shares)
are, directly or indirectly, owned or controlled by any Credit Party and/or one or more of its
Wholly-Owned Subsidiaries.

SECTION 1.2. General. Unless otherwise specified, a reference in this Agreement to a
particular section, subsection, Schedule or Exhibit is a reference to that section, subsection,
Schedule or Exhibit of this Agreement. Terms defined in this Agreement and the Three-Year Credit
Agreement shall be construed consistently and no term defined herein shall be limited or restricted
by any similar definition in the Three-Year Credit Agreement nor shall any such term herein limit
or restrict any similar definition in the Three-Year Credit Agreement. Wherever from the context it
appears appropriate, each term stated in either the singular or plural shall include the singular
and plural, and pronouns stated in the masculine, feminine or neuter gender shall include the
masculine, feminine and neuter. Any reference herein to “Charlotte time” shall refer to the
applicable time of day in Charlotte, North Carolina.

SECTION 1.3. Other Definitions and Provisions. (a) Use of Capitalized Terms. Unless
otherwise defined therein, all capitalized terms defined in this Agreement shall have the defined
meanings when used in this Agreement and the other Loan Documents or any certificate, report or
other document made or delivered pursuant to this Agreement.

     (b) Miscellaneous. The words “hereof”, “herein” and “hereunder” and
words of similar import when used in this Agreement shall refer to this Agreement as a whole and
not to any particular provision of this Agreement.

     (c) Any reference or usage of the word “amount” herein as it pertains to any
Obligation denominated in an Alternative Currency shall be deemed to be a reference or usage of the
term “Dollar Amount.”

15

 

ARTICLE II REVOLVING CREDIT FACILITY

SECTION 2.1. Revolving Credit Loans. Subject to the terms and conditions of this
Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower
from time to time from the Closing Date through the Revolving Credit Termination Date as requested
by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the
aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any
amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all
outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans
then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender
to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment less such
Lender’s participations in outstanding L/C Obligations. Each Revolving Credit Loan by a Lender
shall be in a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the
aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the
terms and conditions hereof, the Borrower may borrow,
repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

SECTION 2.2. Procedure for Advances of Revolving Credit Loans. (a) Requests for
Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice in
the form attached hereto as Exhibit B-1 (a “Notice of Revolving Credit Borrowing”) not
later than 11:00 a.m. (Charlotte time) (i) on the same Business Day as each Base Rate Loan and (ii)
at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow,
specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such
borrowing, which shall be in an amount equal to the unused amount of the Revolving Credit
Commitment, or if less, (x) with respect to Base Rate Loans in an aggregate principal amount of
$1,000,000 or a whole multiple of $250,000 in excess thereof and (y) with respect to LIBOR Rate
Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess
thereof, (C) whether such Revolving Credit Loan is to be a LIBOR Rate Loan or Base Rate Loan, and
(D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto.
Notices received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business
Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Revolving Credit
Borrowing.

     (b) Disbursement of Revolving Credit Loans. Not later than 2:00 p.m. (Charlotte time)
on the proposed borrowing date, each Lender will make available to the Administrative Agent, for
the account of the Borrower, at the office of the Administrative Agent in funds immediately
available to the Administrative Agent, such Lender’s Revolving Credit Commitment Percentage of the
Revolving Credit Loans to be made on such borrowing date. The Borrower hereby irrevocably
authorizes the Administrative Agent to disburse the proceeds of each borrowing requested pursuant
to this Section 2.2 in immediately available funds by crediting or wiring such proceeds to the
deposit account of the Borrower identified in the most recent notice of account designation,
substantially in the form of Exhibit C hereto (a “Notice of Account Designation”),
delivered by the Borrower to the Administrative Agent or as may be otherwise agreed upon by the
Borrower and the Administrative Agent from time to time. Subject to Section 5.7 hereof, the
Administrative Agent shall not be obligated to disburse the portion of the proceeds of any
Revolving Credit Loan requested pursuant to this Section 2.2 for which any Lender is responsible to
the extent that such Lender has not made available to the Administrative Agent its Revolving Credit
Commitment Percentage of such Revolving Credit Loan.

16

 

SECTION 2.3. Repayment of Revolving Credit Loans. (a) Repayment on Termination
Date. The Borrower shall repay the outstanding principal amount of all Revolving Credit Loans
in full on the Revolving Credit Termination Date, with all accrued but unpaid interest thereon.

     (b) Mandatory Repayment of Excess Extensions of Credit. (i) If at any time the
outstanding principal amount of all Revolving Credit Loans plus the sum of the Dollar Amount of (A)
all outstanding L/C Obligations and (B) all Competitive Bid Loans exceeds the Revolving Credit
Commitment, the Borrower shall repay immediately upon notice from the Administrative Agent, by
payment to the Administrative Agent for the account of the Lenders, Revolving Credit Loans and/or
furnish cash collateral reasonably satisfactory to the Administrative Agent or repay the L/C
Obligations in an amount equal to such excess. Such cash collateral shall be applied in accordance
with Section 12.2(b).

          (ii) Excess Alternative Currency Letters of Credit. If the Administrative Agent shall
determine that the outstanding principal Dollar Amount of all outstanding Letters of Credit
denominated in an Alternative Currency exceeds one hundred and five percent (105%) of the lesser of
(A) the L/C Commitment less the sum of the outstanding principal amount of all L/C Obligations
denominated in Dollars and (B) the Alternative Currency L/C Commitment, in each case as of the last
Business Day of any calendar month during the term hereof, then not later than three (3) Business
Days after notice of the amount of such excess from the Administrative Agent to the Borrower, the
Borrower shall deposit an amount in Dollars equal to such excess with the Administrative Agent to
be held as cash collateral in accordance with Section 12.2(b).

     (c) Optional Repayments. The Borrower may at any time and from time to time repay the
Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days’ irrevocable
notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day’s
irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a
“Notice of Prepayment”) specifying the date and amount of repayment and whether the
repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a
combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative
Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such
notice shall be due and payable on the date set forth in such notice. Partial repayments shall be
in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect
to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect
to LIBOR Rate Loans.

     (d) Limitation on Repayment of LIBOR Rate Loans. The Borrower may not repay any LIBOR
Rate Loan on any day other than on the last day of the Interest Period applicable thereto unless
such repayment is accompanied by any amount required to be paid pursuant to Section 5.10 hereof.

SECTION 2.4. Evidence of Debt. (a) The Administrative Agent shall maintain a register and
a subaccount therein for each Lender (the “Register”), in which shall be recorded (i) the
amount of each Revolving Credit Loan made hereunder, including each Revolving Credit Loan evidenced
by a Revolving Credit Note, and each Interest Period applicable thereto, (ii) the amount of any
principal or interest due and payable or to become due and payable from the Borrower to each Lender
hereunder and (iii) both the amount of any
sum received by the Administrative Agent hereunder from the Borrower and each Lender’s share
thereof.

     (b) The entries made in the Register and the accounts of each Lender maintained pursuant to
Section 2.4(a) shall, to the extent permitted by applicable law, be prima facie

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evidence of the existence and amounts of the obligations of the Borrowers therein recorded, absent
manifest error; provided, however, that the failure of the Administrative Agent to maintain the
Register or any such account, or any error therein, shall not in any manner affect the obligation
of the Borrower to repay (with applicable interest) the Revolving Credit Loans made to the Borrower
in accordance with the terms of this Agreement.

     (c) The Borrower hereby agrees that, upon the request to the Administrative Agent by any
Lender, the Borrower will execute and deliver to such Lender a Revolving Credit Note of such
Borrower evidencing the Revolving Credit Loans of such Lender, substantially in the form of Exhibit
A-1.

SECTION 2.5. Permanent Reduction of the Revolving Credit Commitment (a) Voluntary
Reduction. The Borrower shall have the right at any time and from time to time, upon at least
five (5) Business Days’ prior written notice to the Administrative Agent, to permanently reduce,
without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions
of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less
than $5,000,000 or any whole multiple of $1,000,000 in excess thereof, provided further
that the aggregate amount of the Revolving Credit Commitments of the Lenders shall not be reduced
to an amount that is less than the aggregate principal Dollar Amount of the Competitive Bid Loans
then outstanding.

     (b) Each permanent reduction of the Revolving Credit Commitment made pursuant to this Section
2.5 shall be accompanied, if necessary, by a payment of principal sufficient to reduce the
aggregate outstanding Revolving Credit Loans and L/C Obligations, as applicable, after such
reduction to the Revolving Credit Commitment as so reduced and if the Revolving Credit Commitment
as so reduced is less than the aggregate amount of all outstanding Letters of Credit, the Borrower
shall be required to deposit in a cash collateral account opened by the Administrative Agent an
amount equal to the amount by which the aggregate then undrawn and unexpired amount of such Letters
of Credit exceeds the Revolving Credit Commitment as so reduced. Any reduction of the Revolving
Credit Commitment to zero (including upon termination of the Revolving Credit Facility on the
Revolving Credit Termination Date) shall be accompanied by payment of all outstanding Revolving
Credit Loans (and furnishing of cash collateral satisfactory to the Administrative Agent for all
L/C Obligations) and shall
result in the termination of the Revolving Credit Commitment and the Revolving Credit Facility.
Such cash collateral shall be applied in accordance with Section 12.2(b). If the reduction of the
Revolving Credit Commitment requires the repayment of any LIBOR Rate Loan, such repayment shall be
accompanied by any amount required to be paid pursuant to Section 5.10 hereof.

SECTION 2.6. Termination of Revolving Credit Facility. The Revolving Credit Facility shall
terminate on the earliest of (a) June 15, 2009, (b) the date of termination of the entire Revolving
Credit Commitment by the Borrower pursuant to Section 2.5(a), and (c) the date of termination by
the Administrative Agent on behalf of the Lenders pursuant to Section 12.2(a).

ARTICLE III LETTER OF CREDIT FACILITY

SECTION 3.1. L/C Commitment. Subject to the terms and conditions hereof, each Issuing
Lender, in reliance on the agreements of the other Lenders set forth in Section 3.4(a), agrees to
issue trade and standby letters of credit (“Letters of Credit”) for the account of the
Borrower and its specified Subsidiaries on any Business Day from the Closing Date to but not
including the Revolving Credit Termination Date in such form as may be approved from time to time
by such Issuing Lender; provided, however, that no Issuing Lender shall have any
obligation to issue any

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Letter of Credit if, after giving effect to such issuance, (a) the L/C Obligations would exceed the
L/C Commitment or (b) the L/C Obligations on account of Letters of Credit denominated in an
Alternative Currency would exceed the Alternative Currency L/C Commitment or (c) the aggregate
principal amount of outstanding Revolving Credit Loans, plus the aggregate principal amount of L/C
Obligations and all outstanding Competitive Bid Loans would exceed the Revolving Credit Commitment.
Each Letter of Credit shall (i) be denominated in (A) Dollars, if such Letter of Credit is a
standby Letter of Credit, or (B) Dollars or an Alternative Currency, if such Letter of Credit is a
trade Letter of Credit, (ii) be a trade or standby letter of credit issued to support obligations
of the Borrower or any of its Subsidiaries, contingent or otherwise, incurred in the ordinary
course of business, (iii) expire on a date no later than ten Business Days prior to the Revolving
Credit Termination Date, and (iv) be subject to the Uniform Customs and/or ISP 98, as set forth in
the Application or as determined by the applicable Issuing Lender and, to the extent not
inconsistent therewith, the laws of the State of New York. No Issuing Lender shall at any time be
obligated to issue any Letter of Credit hereunder if such issuance would conflict with, or cause
such Issuing Lender or any L/C Participant to exceed any limits imposed by, any Applicable Law.
References herein to “issue” and derivations thereof with respect to Letters of Credit
shall also include extensions or modifications of any existing Letters of Credit, unless the
context otherwise requires.
Each Outstanding Letter of Credit shall be deemed to have been issued under this Agreement.

SECTION 3.2. Procedure for Issuance of Letters of Credit. The Borrower may from time to
time request that any Issuing Lender issue a Letter of Credit (or amend, extend or renew an
outstanding Letter of Credit) by delivering to such Issuing Lender at any Issuing Lender’s office
at any address mutually acceptable to the Borrower and such Issuing Lender an Application therefor,
including, if applicable, the office of such Issuing Lender’s Correspondent, completed to the
satisfaction of such Issuing Lender, and such other certificates, documents and other papers and
information as such Issuing Lender may reasonably request. Upon receipt of any Application, such
Issuing Lender shall process such Application and the certificates, documents and other papers and
information delivered to it in connection therewith in accordance with its customary procedures and
shall, subject to Section 3.1 and Article VI hereof, promptly issue the Letter of Credit (or amend,
extend or renew the outstanding Letter of Credit) requested thereby (but in no event shall any
Issuing Lender be required to issue any Letter of Credit (or amend, extend or renew an outstanding
Letter of Credit) earlier than three (3) Business Days after its receipt of the Application
therefor and all such other certificates, documents and other papers and information relating
thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as
otherwise may be agreed by such Issuing Lender and the Borrower. Within fifteen (15) Business Days
after the end of each month, the Administrative Agent shall report to each Lender the average daily
outstandings for each day in such month for all Letters of Credit during the previous month.

SECTION 3.3. Fees and Other Charges. (a) The Borrower shall pay to the Administrative
Agent, for the account of each Issuing Lender and the L/C Participants, a letter of credit fee (the
“L/C Fee”) (i) with respect to each trade Letter of Credit, in an amount equal to the
Applicable Margin for trade Letters of Credit times the average daily undrawn amount of such issued
Letter of Credit as reported by the Administrative Agent pursuant to Section 3.2 and (ii) with
respect to each standby Letter of Credit, in an amount equal to the Applicable Margin for standby
Letters of Credit times the face amount of such Letter of Credit. Such fee shall be payable
quarterly in arrears (x) for trade Letters of Credit, within fifteen (15) Business Days after the
end of each calendar quarter and on the Revolving Credit Termination Date and (y) for standby
Letters of Credit, within fifteen (15) Business Days after the end of each calendar quarter and on
the Revolving Credit Termination Date.

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     (b) In addition to the foregoing commission, the Borrower shall pay the Issuing Lenders an
issuance fee of one eighth percent (1/8%) per annum on the face amount of each standby Letter of
Credit, payable quarterly in arrears within fifteen (15) Business
Days after the end of each calendar quarter of each calendar quarter and on the Revolving Credit
Termination Date.

     (c) The Administrative Agent shall, promptly following its receipt thereof, distribute to each
Issuing Lender and the L/C Participants all fees received by the Administrative Agent in accordance
with their respective Revolving Credit Commitment Percentages.

SECTION 3.4. L/C Participations. (a) Each Issuing Lender irrevocably agrees to grant and
hereby grants to each L/C Participant, and, to induce such Issuing Lender to issue Letters of
Credit hereunder, each L/C Participant irrevocably agrees to accept and purchase and hereby accepts
and purchases from such Issuing Lender, on the terms and conditions hereinafter stated, for such
L/C Participant’s own account and risk an undivided interest equal to such L/C Participant’s
Revolving Credit Commitment Percentage in such Issuing Lender’s obligations and rights under each
Letter of Credit issued hereunder and the amount of each draft paid by such Issuing Lender
thereunder. Each L/C Participant unconditionally and irrevocably agrees with each Issuing Lender
that, if a draft is paid under any Letter of Credit for which such Issuing Lender is not reimbursed
in full by the Borrower in accordance with the terms of this Agreement, such L/C Participant shall
pay to such Issuing Lender upon demand at such Issuing Lender’s address for notices specified
herein an amount in Dollars equal to such L/C Participant’s Revolving Credit Commitment Percentage
of the Dollar Amount of such draft, or any part thereof, which is not so reimbursed, such payment
to be made by the making of a Base Rate Loan in Dollars pursuant to Section 3.5(c) below.

     (b) Upon becoming aware of any amount required to be paid by any L/C Participant to any
Issuing Lender pursuant to Section 3.4(a) in respect of any unreimbursed portion of any payment
made by such Issuing Lender under any Letter of Credit, the Administrative Agent shall notify each
L/C Participant of the amount and due date of such required payment and such L/C Participant shall
pay to such Issuing Lender the amount specified on the applicable due date. If any such amount is
paid to such Issuing Lender after the date such payment is due, such L/C Participant shall pay to
such Issuing Lender on demand, in addition to such amount, the product of (i) such amount, times
(ii) the daily average Federal Funds Rate as determined by the Administrative Agent during the
period from and including the date such payment is due to the date on which such payment is
immediately available to such Issuing Lender, times (iii) a fraction the numerator of which is the
number of days that elapse during such period and the denominator of which is 360. A certificate of
any Issuing Lender with respect to any amounts owing under this Section 3.4(b) shall be conclusive
in the absence of manifest error. With respect to payment to any Issuing Lender of the unreimbursed
amounts described in this Section 3.4(b), if the L/C Participants receive notice that any such
payment is due (A) prior to 1:00 p.m. (Charlotte time) on any Business Day, such payment shall be
due that Business Day, and (B) after 1:00 p.m. (Charlotte time) on any Business Day, such payment
shall be due on the following Business Day.

     (c) Whenever, at any time after any Issuing Lender has made payment under any Letter of Credit
and has received from any L/C Participant its Revolving Credit
Commitment Percentage of such payment in accordance with this Section 3.4, such Issuing Lender
receives any payment related to such Letter of Credit (whether directly from the Borrower or
otherwise, or any payment of interest on account thereof), such Issuing Lender will distribute to
such L/C Participant its pro rata share thereof in accordance with such L/C Participant’s Revolving
Credit

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Commitment Percentage; provided, that in the event that any such payment received by such Issuing
Lender shall be required to be returned by such Issuing Lender, such L/C Participant shall return
to such Issuing Lender the portion thereof previously distributed by such Issuing Lender to it.

SECTION 3.5. Reimbursement. (a) Reimbursement by the Borrower. The Borrower agrees
to reimburse each Issuing Lender on each date the Administrative Agent notifies the Borrower of the
date and amount of a draft paid under any Letter of Credit for the amount of (i) such draft so paid
and (ii) any taxes, fees, charges or other costs or expenses incurred by any Issuing Lender in
connection with such payment (other than those payable pursuant to Section 3.5(b) below). Each such
payment shall be made to any Issuing Lender at its address for notices specified herein (i) in
Dollars if such Letter of Credit was denominated in Dollars or (ii) in Dollars or the applicable
Alternative Currency, at the option of the Borrower, if such Letter of Credit was denominated in an
Alternative Currency, and in each case, in immediately available funds. Interest shall be payable
on any and all amounts remaining unpaid by the Borrower under this Article III from the day
immediately following the date such amounts become payable (whether at stated maturity, by
acceleration or otherwise) until payment in full at the rate which would be payable on any
outstanding Base Rate Loans which were then overdue.

     (b) Exchange Indemnification and Increased Costs. The Borrower shall, upon demand from
any Issuing Lender or L/C Participant, pay to such Issuing Lender or L/C Participant, the amount of
(i) any loss or cost or increased cost incurred by such Issuing Lender or L/C Participant, (ii) any
reduction in any amount payable to or in the effective return on the capital to such Issuing Lender
or L/C Participant, (iii) any currency exchange loss, in each case with respect to clauses (i),
(ii) and (iii), that such Issuing Lender or L/C Participant sustains as a result of the Borrower’s
repayment in Dollars of any Letter of Credit denominated in an Alternative Currency or (iv) any
interest or any other return, including principal, foregone by such Issuing Lender as a result of
the introduction of, change over to or operation of the euro in any member state participating in
the euro. A certificate of such Issuing Lender setting forth in reasonable detail the basis for
determining such additional amount or amounts necessary to compensate such Issuing Lender shall be
conclusively presumed to be correct save for manifest error.

     (c) Reimbursement by the Lenders. If the Borrower fails to timely reimburse such
Issuing Lender on the date the Borrower receives the notice referred to in this Section
3.5, the Borrower shall be deemed to have timely given a Notice of Revolving Credit Borrowing
pursuant to Section 2.2 hereunder to the Administrative Agent requesting the Lenders to make a Base
Rate Loan on such date in an amount in Dollars equal to the Dollar Amount (as of the date of
funding of such Base Rate Loan by each Lender) of such draft paid, together with any taxes, fees,
charges or other costs or expenses incurred by any Issuing Lender and to be reimbursed pursuant to
this Section 3.5 and, regardless of whether or not the conditions precedent specified in Article VI
have been satisfied, the Lenders shall make Base Rate Loans in such amount, the proceeds of which
shall be applied to reimburse such Issuing Lender for the amount of the related drawing and costs
and expenses. Notwithstanding the foregoing, nothing in this Section 3.5 shall obligate the Lenders
to make such Base Rate Loans if the making of such Base Rate Loans would violate the automatic stay
under federal bankruptcy laws.

SECTION 3.6. Obligations Absolute. The Borrower’s obligations under this Article III
(including without limitation the Reimbursement Obligation) shall be absolute and unconditional
under any and all circumstances and irrespective of any set-off, counterclaim or defense to payment
which the Borrower may have or have had against any Issuing Lender or any beneficiary

21

 

of a Letter of Credit. The Borrower also agrees with each Issuing Lender that no Issuing Lender
shall be responsible for, and the Borrower’s Reimbursement Obligation under Section 3.5 shall not
be affected by, among other things, the validity or genuineness of documents or of any endorsements
thereon, even though such documents shall in fact prove to be invalid, fraudulent or forged, or any
dispute between or among the Borrower and any beneficiary of any Letter of Credit or any other
party to which such Letter of Credit may be transferred or any claims whatsoever of the Borrower
against any beneficiary of such Letter of Credit or any such transferee. No Issuing Lender shall be
liable for any error, omission, interruption or delay in transmission, dispatch or delivery of any
message or advice, however transmitted, in connection with any Letter of Credit, except for errors
or omissions caused by such Issuing Lender’s gross negligence or willful misconduct. The Borrower
agrees that any action taken or omitted by any Issuing Lender under or in connection with any
Letter of Credit or the related drafts or documents, if done in the absence of gross negligence or
willful misconduct and in accordance with the standards of care specified in the Uniform Customs
and/or ISP 98, as set forth in the Application or as determined by the Issuing Lender and, to the
extent not inconsistent therewith, the laws of the State of New York, shall be binding on the
Borrower and shall not result in any liability of any Issuing Lender to the Borrower. The
responsibility of each Issuing Lender to the Borrower in connection with any draft presented for
payment under any Letter of Credit shall, in addition to any payment obligation expressly provided
for in such Letter of Credit, be limited to determining that the documents (including each draft)
delivered under such Letter of Credit in connection with such presentment are in conformity with
such Letter of Credit.

SECTION 3.7 Effect of Application. To the extent that any provision of any Application
related to any Letter of Credit is inconsistent with the provisions of this Article III, the
provisions of this Article III shall apply.

ARTICLE IV COMPETITIVE BID FACILITY

SECTION 4.1. Bidding Procedure. Each Lender severally agrees that the Borrower may make
Competitive Bid Borrowings under this Section 4.1 from time to time on any Business Day during the
period from the Closing Date until the date occurring 30 days prior to the Revolving Credit
Termination Date in the manner set forth below; provided that, following the making of each
Competitive Bid Borrowing, the aggregate Dollar Amount of all Loans and all L/C Obligations then
outstanding shall not exceed the aggregate amount of the Revolving Credit Commitments of the
Lenders.

     (a) The Borrower may request a Competitive Bid Borrowing under this Section 4.1 by delivering
to the Administrative Agent, by telecopier or telex, a notice of a Competitive Bid Borrowing (a
“Notice of Competitive Bid Borrowing”), in substantially the form of Exhibit B-2 hereto,
specifying therein the requested (i) date of such proposed Competitive Bid Borrowing, (ii)
aggregate amount of such proposed Competitive Bid Borrowing, (iii) interest rate basis and day
count convention to be offered by the Lenders, (iv) currency of such proposed Competitive Bid
Borrowing, (v) in the case of a Competitive Bid Borrowing consisting of Floating Rate Loans,
Interest Period, or in the case of a Competitive Bid Borrowing consisting of Fixed Rate Loans,
maturity date for repayment of each Fixed Rate Loan to be made as part of such Competitive Bid
Borrowing (which maturity date may not be earlier than the date occurring seven days after the date
of such Competitive Bid Borrowing or later than the earlier of (A) 365 days after the date of such
Competitive Bid Borrowing and (B) the Revolving Credit Termination Date), (vi) interest payment
date or dates relating thereto, (vii) location of the Borrower’s account to which funds are to be
advanced and (viii) other terms (if any)

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to be applicable to such Competitive Bid Borrowing, not later than (1) 10:00 A.M. (Charlotte time)
at least two Business Days prior to the date of the proposed Competitive Bid Borrowing, if the
Borrower shall specify in the Notice of Competitive Bid Borrowing that the rates of interest to be
offered by the Lenders shall be fixed rates per annum (the Loans comprising any such Competitive
Bid Borrowing being referred to herein as “Fixed Rate Loans”) and that the Loans comprising
such proposed Competitive Bid Borrowing shall be denominated in Dollars, (2) 10:00 A.M. (Charlotte
time) at least four Business Days prior to the date of the proposed Competitive Bid Borrowing, if
the Borrower shall specify in the Notice of Competitive Bid Borrowing that the Loans comprising
such Competitive Bid Borrowing shall be Floating Rate Loans denominated in Dollars, (3) 10:00 A.M.
(London time) at least two Business Days prior to the date of the proposed Competitive Bid
Borrowing, if the Borrower shall specify in the Notice of
Competitive Bid Borrowing that the Loans comprising such proposed Competitive Bid Borrowing shall
be Fixed Rate Loans denominated in any Alternative Currency and (4) 10:00 A.M. (London time) at
least four Business Days prior to the date of the proposed Competitive Bid Borrowing, if the
Borrower shall instead specify in the Notice of Competitive Bid Borrowing that the Loans comprising
such Competitive Bid Borrowing shall be Floating Rate Loans denominated in any Alternative
Currency. Each Notice of Competitive Bid Borrowing shall be irrevocable and binding on the
Borrower. The Administrative Agent shall in turn promptly notify each Lender of each request for a
Competitive Bid Borrowing received by it from the Borrower by sending such Lender a copy of the
related Notice of Competitive Bid Borrowing.

     (b) Each Lender may, if, in its sole discretion, it elects to do so, irrevocably offer to make
one or more Competitive Bid Loans to the Borrower as part of such proposed Competitive Bid
Borrowing at a rate or rates of interest specified by such Lender in its sole discretion, by
notifying the Administrative Agent (which shall give prompt notice thereof to the Borrower), (i)
before 9:30 A.M. (Charlotte time) on the date of such proposed Competitive Bid Borrowing, in the
case of a Competitive Bid Borrowing consisting of Fixed Rate Loans denominated in Dollars, (ii)
before 10:00 A.M. (Charlotte time) three Business Days before the date of such proposed Competitive
Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Floating Rate Loans,
denominated in Dollars, (iii) before 12:00 noon (London time) on the Business Day prior to the date
of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting
of Fixed Rate Loans denominated in any Alternative Currency and (iv) before 12:00 noon (London
time) on the third Business Day prior to the date of such proposed Competitive Bid Borrowing, in
the case of a Competitive Bid Borrowing consisting of Floating Rate Loans denominated in any
Alternative Currency, of the minimum amount and maximum amount of each Competitive Bid Loan which
such Lender would be willing to make as part of such proposed Competitive Bid Borrowing (which
Dollar Amounts of such proposed Competitive Bid may exceed such Lender’s Revolving Credit
Commitment), the rate or rates of interest therefor and such Lender’s Applicable Lending Office
with respect to such Competitive Bid Loan; provided that if the Administrative Agent in its
capacity as a Lender shall, in its sole discretion, elect to make any such offer, it shall notify
the Borrower of such offer at least 30 minutes before the time and on the date on which notice of
such election is to be given to the Administrative Agent by the other Lenders. If any Lender shall
elect not to make such an offer, such Lender shall so notify the Administrative Agent before 10:00
A.M. (Charlotte time) on the date on which notice of such election is to be given to the
Administrative Agent by the other Lenders, and such Lender shall not be obligated to, and shall
not, make any Competitive Bid Loan as part of

23

 

such Competitive Bid Borrowing; provided that the failure by any Lender to give such
notice shall not cause such Lender to be obligated to make any Competitive Bid Loan as part of such
proposed Competitive Bid Borrowing. The Administrative Agent shall promptly notify the Borrower by
telecopy of each such offer made by a Lender, including all information required to be provided by
the Lender in such offer by this Section 4.1(b) and the identity of the Lender making such offer

     (c) The Borrower shall, in turn, (i) before 10:30 A.M. (Charlotte time) on the date of
such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of
Fixed Rate Loans denominated in Dollars, (ii) before 11:00 A.M. (Charlotte time) three Business
Days before the date of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid
Borrowing consisting of Floating Rate Loans denominated in Dollars, (iii) before 3:00 P.M. (London
time) on the Business Day prior to the date of such proposed Competitive Bid Borrowing, in the case
of a Competitive Bid Borrowing consisting of Fixed Rate Loans denominated in any Alternative
Currency and (iv) before 3:00 P.M. (London time) on the third Business Day prior to the date of
such Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Floating
Rate Loans denominated in any Alternative Currency, either:

     (x) cancel such Competitive Bid Borrowing by giving the Administrative Agent notice to
that effect, or

     (y) accept one or more of the offers made by any Lender or Lenders pursuant to paragraph
(b) above, in its sole discretion, by giving notice to the Administrative Agent of the amount of
each Competitive Bid Loan (which amount shall be equal to or greater than the minimum amount, and
equal to or less than the maximum amount, notified to the Borrower by the Administrative Agent on
behalf of such Lender for such Competitive Bid Loan pursuant to paragraph (b) above) to be made by
each Lender as part of such Competitive Bid Borrowing, and reject any remaining offers made by
Lenders pursuant to paragraph (b) above by giving the Administrative Agent notice to that effect.
The Borrower shall accept the offers made by any Lender or Lenders to make Competitive Bid Loans in
order of the lowest to the highest rates of interest offered by such Lenders. If two or more
Lenders have offered the same interest rate, the amount to be borrowed at such interest rate will
be allocated among such Lenders in proportion to the amount that each such Lender offered at such
interest rate (rounded to integral multiples of $1,000,000 in a manner satisfactory to the
Borrower).

     (d) If the Borrower notifies the Administrative Agent that such Competitive Bid
Borrowing is cancelled pursuant to paragraph (c)(x) above, the Administrative Agent shall give
prompt notice thereof to the Lenders and such Competitive Bid Borrowing shall not be made.

     (e) If the Borrower accepts one or more of the offers made by any Lender or Lenders
pursuant to paragraph (c)(y) above, the Administrative Agent shall in turn promptly notify (i) each
Lender that has made an offer as described in paragraph (b) above, of the date and aggregate amount
of such Competitive Bid Borrowing and whether or not any
offer or offers made by such Lender pursuant to paragraph (b) above have been accepted by the
Borrower, (ii) each Lender that is to make a Competitive Bid Loan

24

 

as part of such Competitive Bid Borrowing, of the amount of each Competitive Bid Loan to be made by
such Lender as part of such Competitive Bid Borrowing, and (iii) each Lender that is to make a
Competitive Bid Loan as part of such Competitive Bid Borrowing, upon receipt, that the
Administrative Agent has received forms of documents appearing to fulfill the conditions set forth
in Section 6.4. Each Lender that is to make a Competitive Bid Loan as part of such Competitive Bid
Borrowing shall, before 12:00 noon (Charlotte time), in the case of Competitive Bid Loans to be
denominated in Dollars or 11:00 A.M. (London time), in the case of Competitive Bid Loans to be
denominated in any Alternative Currency, on the date of such Competitive Bid Borrowing specified in
the notice received from the Administrative Agent pursuant to clause (i) of the preceding sentence
or any later time when such Lender shall have received notice from the Administrative Agent
pursuant to clause (iii) of the preceding sentence, make available for the account of its
Applicable Lending Office to the Administrative Agent (x) in the case of a Competitive Bid
Borrowing denominated in Dollars, at its address referred to in Section 14.1(c), in same day funds,
such Lender’s portion of such Competitive Bid Borrowing in Dollars and (y) in the case of a
Competitive Bid Borrowing in an Alternative Currency, at the payment office for such Alternative
Currency as shall have been notified by the Administrative Agent to the Lenders prior thereto, in
same day funds, such Lender’s portion of such Competitive Bid Borrowing in such Alternative
Currency. Upon fulfillment of the conditions set forth in Section 6.4 and promptly after receipt by
the Administrative Agent of such funds, the Administrative Agent will make such funds available to
the Borrower at the location specified by the Borrower in its Notice of Competitive Bid Borrowing.
Promptly after each Competitive Bid Borrowing, the Administrative Agent will notify each Lender of
the amount and tenor of the Competitive Bid Borrowing.

     (f) If the Borrower notifies the Administrative Agent that it accepts one or more of
the offers made by any Lender or Lenders pursuant to paragraph (c)(y) above, such notice of
acceptance shall be irrevocable and binding on the Borrower.

SECTION 4.2. Minimum Amounts. Each Competitive Bid Borrowing shall be in an aggregate
Dollar Amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof and, following
the making of each Competitive Bid Borrowing, the Borrower shall be in compliance with the
limitation set forth in the proviso to the first sentence of Section 4.1 above.

SECTION 4.3. Bidding Availability. Within the limits and on the conditions set forth in
this Article IV, the Borrower may from time to time borrow under this Article IV, repay or prepay
pursuant to Section 4.4 below, and reborrow under this Article IV, provided
that a Competitive Bid Borrowing shall not be made within three Business Days of the date of any
other Competitive Bid Borrowing.

SECTION 4.4. Repayment of Competitive Bid Loans. The Borrower shall repay to the
Administrative Agent for the account of each Lender that has made a Competitive Bid Loan, on the
last day of its Interest Period (in the case of Floating Rate Loans) or the maturity date (in the
case of Fixed Rate Loans) of each Competitive Bid Loan (such Interest Period or maturity date being
that specified by the Borrower for repayment of such Competitive Bid Loan in the related Notice of
Competitive Bid Borrowing delivered pursuant to Section 4.1 (a) above and provided in the
Competitive Bid Note evidencing such Competitive Bid Loan), the then unpaid principal amount of
such Competitive Bid Loan. The Borrower shall have no right to prepay any principal amount of any
Competitive Bid Loan unless, and then only on the terms, specified by the Borrower for such
Competitive Bid Loan in the related Notice of Competitive Bid Borrowing

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delivered pursuant to Section 4.1 (a) above and set forth in the Competitive Bid Note evidencing
such Competitive Bid Loan.

SECTION 4.5. Interest on Competitive Bid Loans. The Borrower shall pay interest on the
unpaid principal amount of each Competitive Bid Loan from the date of such Competitive Bid Loan to
the date the principal amount of such Competitive Bid Loan is repaid in full, at the rate of
interest for such Competitive Bid Loan specified by the Lender making such Competitive Bid Loan in
its notice with respect thereto delivered pursuant to Section 4.1 (b) above, payable on the
interest payment date or dates specified by the Borrower for such Competitive Bid Loan in the
related Notice of Competitive Bid Borrowing delivered pursuant to Section 4.1 (a) above, as
provided in the Competitive Bid Note evidencing such Competitive Bid Loan. Upon the occurrence and
during the continuance of an Event of Default (i) each Competitive Bid Loan denominated in an
Alternative Currency shall be exchanged for a new Competitive Bid Loan for an equivalent amount of
Dollars but with otherwise identical terms and conditions to the Competitive Bid Loan being
exchanged and (ii) and the Borrower shall pay interest on the amount of unpaid principal of and
interest on each Competitive Bid Loan owing to a Lender, payable in arrears on the date or dates
interest is payable thereon, at a rate per annum equal at all times to 2% per annum above the rate
per annum otherwise required to be paid on such Competitive Bid Loan under the terms of the
Competitive Bid Note evidencing such Competitive Bid Loan unless otherwise agreed in such
Competitive Bid Note. Computations in respect of Competitive Bid Loans shall be made by the
Administrative Agent as specified in the applicable Notice of Competitive Bid Borrowing (or, in
each case of Loans denominated in Alternative Currencies where market practice differs, in
accordance with market practice), in each case for the actual number of days elapsed.

SECTION 4.6. Competitive Bid Notes. The indebtedness of the Borrower resulting from each
Competitive Bid Loan made to the Borrower as part of a Competitive Bid Borrowing shall be evidenced
by a separate Competitive Bid Note of the Borrower payable to the order of the Lender making such
Competitive Bid Loan.

ARTICLE V GENERAL LOAN PROVISIONS

SECTION 5.1. Interest. (a) Interest Rate Options. Subject to the provisions of
this Section 5.1, at the election of the Borrower, the aggregate principal balance of any Revolving
Credit Loans shall bear interest at (i) the Base Rate plus the Applicable Margin or (ii) the LIBOR
Rate plus the Applicable Margin; provided that LIBOR Rate Loans shall not be available until three
(3) Business Days after the Closing Date unless the Borrower executes and delivers an indemnity in
favor of the Administrative Agent and the Lenders in form and substance satisfactory to them. The
Borrower shall select the rate of interest and Interest Period, if any, applicable to any Revolving
Credit Loan at the time a Notice of Revolving Credit Borrowing is given pursuant to Section 2.2 or
at the time a Notice of Conversion/Continuation is given pursuant to Section 5.2. Each Revolving
Credit Loan or portion thereof bearing interest based on the Base Rate shall be a “Base Rate
Loan”, and each Revolving Credit Loan or portion thereof bearing interest based on the LIBOR
Rate shall be a “LIBOR Rate Loan.” Any Revolving Credit Loan or any portion thereof as to
which the Borrower has not duly specified an interest rate as provided herein shall be deemed a
Base Rate Loan.

     (b) Interest Periods. In connection with each LIBOR Rate Loan and each
Floating Rate Loan, the Borrower, by giving notice at the times described in Section 5.1(a) (or, in
the case of a Floating Rate Loan, in the applicable Notice of Competitive Bid Borrowing), shall
elect an interest period (each, an “Interest Period”) to be applicable to such Loan, which
Interest

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Period shall be a period of one (1), two (2), three (3), or six (6) months (or nine (9) or twelve
(12) months or any other period if available from all Lenders) with respect to each LIBOR Rate (or,
if applicable to a Floating Rate Loan, each EURIBO Rate); provided that:

     (i) the Interest Period shall commence on the date of advance of or conversion to any
LIBOR Rate Loan or the date of advance of any Floating Rate Loan and, in the case of immediately
successive Interest Periods, each successive Interest Period shall commence on the date on which
the next preceding Interest Period expires;

     (ii) if any Interest Period would otherwise expire on a day that is not a Business Day,
such Interest Period shall expire on the next succeeding Business Day; provided, that if any
Interest Period would otherwise expire on a day that is not a Business Day but is a
day of the month after which no further Business Day occurs in such month, such Interest Period
shall expire on the next preceding Business Day;

     (iii) any Interest Period that begins on the last Business Day of a calendar month (or on
a day for which there is no numerically corresponding day in the calendar month at the end of such
Interest Period) shall end on the last Business Day of the relevant calendar month at the end of
such Interest Period;

     (iv) no Interest Period shall extend beyond the Revolving Credit Termination Date; and

     (v) there shall be no more than six (6) Interest Periods for Revolving Credit Loans in
effect at any time.

     (c) Default Rate. Subject to Section 12.3, at the discretion of the
Administrative Agent and Required Lenders, upon the occurrence and during the continuance of an
Event of Default, (i) the Borrower shall no longer have the option to request LIBOR Rate Loans,
(ii) all outstanding LIBOR Rate Loans shall bear interest at a rate per annum two percent (2%) in
excess of the rate then applicable to LIBOR Rate Loans, as applicable, until the end of the
applicable Interest Period and thereafter at a rate equal to two percent (2%) in excess of the rate
then applicable to Base Rate Loans, and (iii) all outstanding Base Rate Loans shall bear interest
at a rate per annum equal to two percent (2%) in excess of the rate then applicable to Base Rate
Loans. Interest shall continue to accrue on the amount of Revolving Credit Loans outstanding after
the filing by or against the Borrower of any petition seeking any relief in bankruptcy or under any
act or law pertaining to insolvency or debtor relief, whether state, federal or foreign.

     (d) Interest Payment and Computation. Interest on each Base Rate Loan shall be
payable in arrears on the last Business Day of each calendar quarter commencing June 30, 2004; and
interest on each LIBOR Rate Loan shall be payable on the last day of each Interest Period
applicable thereto, and if such Interest Period exceeds three (3) months, at the end of each three
(3) month interval during such Interest Period. Interest on LIBOR Rate Loans and all fees payable
hereunder shall be computed on the basis of a 360-day year and assessed for the actual number of
days elapsed and interest on Base Rate Loans shall be computed on the basis of a 365/66-day year
and assessed for the actual number of days elapsed.

     (e) Maximum Rate. In no contingency or event whatsoever shall the aggregate of
all amounts deemed interest hereunder or under any of the Loan Documents charged or collected
pursuant to the terms of this Agreement or pursuant to any other Loan Document exceed the highest
rate permissible under any Applicable Law which a court of competent

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jurisdiction shall, in a final determination, deem applicable hereto. In the event that such a
court determines that the Lenders have charged or received interest hereunder in excess of the
highest applicable rate, the rate in effect hereunder shall automatically be reduced to the maximum
rate permitted by Applicable Law and the Lenders shall at the Administrative Agent’s option (i)
promptly refund to the Borrower any interest received by Lenders in excess of the maximum lawful
rate or (ii) shall apply such excess to the principal balance of the Obligations. It is the intent
hereof that the Borrower not pay or contract to pay, and that neither the Administrative Agent nor
any Lender receive or contract to receive, directly or indirectly in any manner whatsoever,
interest in excess of that which may be paid by the Borrower under Applicable Law.

SECTION 5.2. Notice and Manner of Conversion or Continuation of Revolving Credit Loans.
Provided that no Event of Default has occurred and is then continuing, the Borrower shall have the
option (a) to convert all or any portion of its outstanding Base Rate Loans in a principal amount
equal to $5,000,000 or any whole multiple of $1,000,000 in excess thereof into one or more LIBOR
Rate Loans and (b), (i) to convert all or any part of its outstanding LIBOR Rate Loans in a
principal amount equal to $1,000,000 or a whole multiple of $250,000 in excess thereof into Base
Rate Loans or (ii) to continue such LIBOR Rate Loans as LIBOR Rate Loans for an additional Interest
Period; provided that if any conversion or continuation is made prior to the expiration of any
Interest Period, the Borrower shall pay any amount required to be paid pursuant to Section 5.10
hereof. Whenever the Borrower desires to convert or continue Revolving Credit Loans as provided
above, the Borrower shall give the Administrative Agent irrevocable prior written notice in the
form attached as Exhibit E (a “Notice of Conversion/Continuation”) not later than 11:00
a.m. (Charlotte time) three (3) Business Days before the day on which a proposed conversion or
continuation of such Revolving Credit Loan is to be effective (except in the case of a conversion
of a LIBOR Rate Loan to a Base Rate Loan in which case same day notice by the Borrower shall be
sufficient) specifying (A) the Revolving Credit Loans to be converted or continued, and, in the
case of any LIBOR Rate Loan to be converted or continued, the last day of the Interest Period
therefor, (B) the effective date of such conversion or continuation (which shall be a Business
Day), (C) the principal amount of such Revolving Credit Loans to be converted or continued, and (D)
the Interest Period to be applicable to such converted or continued LIBOR Rate Loan. The
Administrative Agent shall promptly notify the Lenders of such Notice of Conversion/Continuation.

SECTION 5.3. Fees. (a) Facility Fees. The Borrower shall pay to the Administrative
Agent, for the account of the Lenders, a non-refundable facility fee (the “Facility Fee”)
at a rate per annum equal to the Applicable Margin on the full amount of the Revolving Credit
Commitment, regardless of usage. The Facility Fee shall be payable in arrears on the last Business
Day of each calendar quarter for the period commencing on the Closing Date and ending on the
Revolving Credit Termination Date. The Facility Fee shall be distributed by the Administrative
Agent to the Lenders pro rata in accordance with the Lenders’ respective Revolving Credit
Commitment Percentages.

     (b) Utilization Fee. The Borrower shall pay a utilization fee (the
“Utilization Fee”) at a rate per annum equal to 0.125% on the average amount of outstanding
Loans during each fiscal quarter that such average exceeds 50% of the Revolving Credit Commitments
(exclusive of any issued and outstanding Letters of Credit). The average amount of Loans for any
fiscal quarter shall be calculated by the Administrative Agent (which such calculation shall be
conclusively presumed correct save manifest error) as follows: (i) the sum of the principal amount
of outstanding Loans at the close of business for each day during such fiscal quarter, divided by
(ii) the total number of days of such fiscal quarter. The Utilization Fee shall be payable in
arrears on the fifteenth (15th) day following written notification by the Administrative

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Agent to the Borrower of the average for the preceding quarter and the resulting Utilization Fee.
The Utilization Fee shall be distributed by the Administrative Agent to the Lenders pro rata in
accordance with the Lenders’ respective Revolving Credit Commitment Percentage.

     (c) Administrative Agent’s and Other Fees. In order to compensate the
Administrative Agent for its obligations hereunder, the Borrower agrees to pay to the
Administrative Agent, for its account, the fees set forth in the separate fee letter agreement
executed by the Borrower and the Administrative Agent dated May 25, 2004.

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SECTION 5.4. Manner of Payment. Each payment by the Borrower on account of the principal
of or interest on the Revolving Credit Loans or of any fee, commission or other amounts (including
the Reimbursement Obligation) payable to the Lenders under this Agreement or any other Loan
Document shall be made not later than 1:00 p.m. (Charlotte time) on the date specified for payment
under this Agreement to the Administrative Agent at the Administrative Agent’s Office for the
account of the Lenders (other than as set forth below) pro rata in accordance with their respective
Revolving Credit Commitment Percentages (except as specified below), in Dollars, in immediately
available funds and shall be made without any set-off, counterclaim or deduction whatsoever. Any
payment received after such time but before 2:00 p.m. (Charlotte time) on such day shall be deemed
a payment on such date for the purposes of Section 12.1, but for all other purposes shall be deemed
to have been made on the next succeeding Business Day. Any payment received after 2:00 p.m.
(Charlotte time) shall be deemed to have been made on the next succeeding Business Day for all
purposes. Upon receipt by the Administrative Agent of each such payment, the Administrative Agent
shall distribute to each Lender at its address for notices set forth herein its pro rata share of
such payment in accordance with such Lender’s Revolving Credit Commitment Percentage (except as
specified below), and shall wire advice of the amount of such credit to each Lender. Each payment
to the Administrative Agent of the L/C Participants’ commissions shall be made in like manner, but
for the account of the L/C Participants. Each payment to the Administrative Agent of Administrative
Agent’s fees or expenses shall be made for the account of the Administrative Agent and any amount
payable to any Lender under Article IV or Section 5.9, 5.10, 5.11, 5.12 or 14.2 shall be paid to
the Administrative Agent for the account of the applicable Lender. Subject to Section 5.1(b)(ii),
if any payment under this Agreement or any other Loan Document shall be specified to be made upon a
day which is not a Business Day, it shall be made on the next succeeding day which is a Business
Day and such extension of time shall in such case be included in computing any interest if payable
along with such payment.

SECTION 5.5. Crediting of Payments and Proceeds. In the event that the Borrower shall fail
to pay any of the Obligations when due and the Obligations have been accelerated pursuant to
Section 12.2, all payments received by the Lenders upon the Obligations and all net proceeds from
the enforcement of the Obligations shall be applied first to all expenses then due and payable by
the Borrower hereunder, then to all indemnity obligations then due and payable by the Borrower
hereunder, then to all Administrative Agent’s fees then due and payable, then to all commitment and
other fees and commissions then due and payable, then to accrued and unpaid interest hereunder or
under any other Loan Document, and Reimbursement Obligation (pro rata in accordance with all such
amounts due), then to the principal amount hereunder or under any other Loan Document,
Reimbursement Obligation and any termination payments due in respect of a Hedging Agreement with
any Lender or Affiliate of a Lender (which Hedging Agreement is permitted hereunder) (pro rata in
accordance with all such amounts due) and then to the cash collateral account described in Section
12.2(b) hereof to the extent of any L/C Obligations then outstanding, in that order.

SECTION 5.6. Adjustments. If any Lender (a “Benefited Lender”) shall at any time
receive any payment of all or part of the Obligations (other than in respect of Competitive Bid
Loans) owing to it, or interest thereon, or if any Lender shall at any time receive any collateral
in respect to the Obligations owing to it (whether voluntarily or involuntarily, by set-off or
otherwise) in a greater proportion than any such payment to and collateral received by any other
Lender, if any, in respect of the Obligations (other than in respect of Competitive Bid Loans)
owing to such other Lender, or interest thereon, such Benefited Lender shall purchase for cash from
the other Lenders such portion of each such other Lender’s Extensions of Credit Obligations (other
than Competitive Bid Loans), or shall provide such other Lenders with the benefits of any such

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collateral, or the proceeds thereof, as shall be necessary to cause such Benefited Lender to share
the excess payment or benefits of such collateral or proceeds ratably with each of the Lenders;
provided, that if all or any portion of such excess payment or benefits is
thereafter recovered from such Benefited Lender, such purchase shall be rescinded, and the purchase
price and benefits returned to the extent of such recovery, but without interest. The Borrower
agrees that each Lender so purchasing a portion of another Lender’s Extensions of Credit may
exercise all rights of payment (including, without limitation, rights of set-off) with respect to
such portion as fully as if such Lender were the direct holder of such portion.

SECTION 5.7. Nature of Obligations of Lenders Regarding Extensions of Credit; Assumption by the
Administrative Agent. The obligations of the Lenders under this Agreement to make the
Revolving Credit Loans and issue or participate in Letters of Credit are several and are not joint
or joint and several. Unless the Administrative Agent shall have received notice from a Lender
prior to a proposed borrowing date that such Lender will not make available to the Administrative
Agent such Lender’s ratable portion of the amount to be borrowed on such date (which notice shall
not release such Lender of its obligations hereunder), the Administrative Agent may assume that
such Lender has made such portion available to the Administrative Agent on the proposed borrowing
date in accordance with Sections 2.2(b), and the Administrative Agent may, in reliance upon such
assumption, make available to the Borrower on such date a corresponding amount. If such amount is
made available to the Administrative Agent on a date after such borrowing date, such Lender shall
pay to the Administrative Agent on demand an amount, until paid, equal to the product of (a) the
amount not made available by such Lender in accordance with the terms hereof, times (b) the daily
average Federal Funds Rate during such period as determined by the Administrative Agent, times (c)
a fraction the numerator of which is the number of days that elapse from and including such
borrowing date to the date on which such amount not made available by such Lender in accordance
with the terms hereof shall have become immediately available to the Administrative Agent and the
denominator of which is 360. A certificate of the Administrative Agent with respect to any amounts
owing under this Section 5.7 shall be conclusive, absent manifest error. If such Lender’s Revolving
Credit Commitment Percentage of such borrowing is not made available to the Administrative Agent by
such Lender within three (3) Business Days of such borrowing date, the Administrative Agent shall
be entitled to recover such amount made available by the Administrative Agent with interest thereon
at the rate per annum applicable to such borrowing, on demand, from the Borrower. The failure of
any Lender to make available its Revolving Credit Commitment Percentage of any Revolving Credit
Loan requested by the Borrower shall not relieve it or any other Lender of its obligation hereunder
to make its Revolving Credit Commitment Percentage of such Revolving Credit Loan available on the
borrowing date, but no Lender shall be responsible for the failure of any other Lender to make its
Revolving Credit Commitment Percentage of such Revolving Credit Loan available on the borrowing
date.

SECTION 5.8. Joint and Several Liability of the Credit Parties. (a) Each of the Credit
Parties is jointly and severally liable not merely as a surety but as a co-debtor for each and
every Obligation. Each of the Credit Parties is accepting joint and several liability hereunder in
consideration of the financial accommodations to be provided by the Lenders under this Agreement,
for the mutual benefit, directly or indirectly, of each of
the Credit Parties and in consideration of the undertakings of each of the Credit Parties to accept
joint and several liability for the Obligations.

     (b) Except as otherwise expressly provided herein, each Credit Party hereby waives
promptness, diligence, presentment, demand, protest, notice of acceptance of its joint and several
liability, notice of any and all advances of the Revolving Credit Loans and Letters of

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Credit made under this Agreement and the other Loan Documents, notice of occurrence of any Default
or Event of Default, or of any demand for any payment under this Agreement and notice of any action
at any time taken or omitted by the Administrative Agent or any Lender under or in respect of any
of the Obligations hereunder. Each Credit Party hereby waives all defenses which may be available
by virtue of any valuation, stay, moratorium law or other similar law now or hereafter in effect,
any right to require the marshaling of assets of any of the Credit Parties and any other entity or
person primarily or secondarily liable with respect to any of the Obligations, and all suretyship
defenses generally. Each Credit Party hereby assents to, and waives notice of, any extension or
postponement of the time for the payment, or place or manner for payment, compromise, refinancing,
consolidation or renewals of any of the Obligations hereunder, the acceptance of any partial
payment thereon, any waiver, consent or other action or acquiescence by the Administrative Agent or
any Lender at any time or times in respect of any default by any Credit Party in the performance or
satisfaction of any term, covenant, condition or provision of this Agreement and the other Loan
Documents, any and all other indulgences whatsoever by the Administrative Agent or any Lender in
respect of any of the Obligations, and the taking, addition, substitution or release, in whole or
in part, at any time or times, of any security for any of such Obligations or the addition,
substitution or release, in whole or in part, of any Credit Party or any other entity or person
primarily or secondarily liable for any Obligation. If for any reason any of the Credit Parties has
no legal existence or is under no legal obligation to discharge any of the Obligations, or if any
of the Obligations have become irrecoverable from any of the Credit Parties by reason of such
Credit Party’s insolvency, bankruptcy or reorganization or by other operation of law or for any
reason, this Agreement and the other Loan Documents shall nevertheless be binding on each of the
other Credit Parties to the same extent as if such Credit Party at all times had been the sole
obligor on such Obligations. The Obligations of each Credit Party under this Section 5.8 shall not
be diminished or rendered unenforceable by any winding up, reorganization, arrangement,
liquidation, reconstruction or similar proceeding with respect to any reconstruction or similar
proceeding with respect to any Credit Party, the Administrative Agent or any Lender.

     (c) If at any time, any payment, or any part thereof, made in respect of any of the
Obligations, is rescinded or must otherwise be restored or returned by the Administrative
Agent or any Lender upon the insolvency, bankruptcy or reorganization of any of the Credit Parties,
or otherwise, the provisions of this Section 5.8 will forthwith be reinstated in effect as though
such payment had not been made.

     (d) Until the payment and performance in full of all the Obligations, none of the
Credit Parties shall exercise and each hereby waives any rights against the other Credit Parties as
a result of payment by such Credit Party hereunder, by way of subrogation, reimbursement,
restitution, contribution or otherwise, and none of the Credit Parties will prove any claim in
competition with the Administrative Agent or any Lender in respect of any payment hereunder in
bankruptcy, insolvency, or reorganization proceedings of any nature; none of the Credit Parties
will claim any set-off, recoupment or counterclaim against any of the other Credit Parties in
respect of any liability of one Credit Party to another Credit Party. Each of the Credit Parties
hereby agrees that the payment of any amounts due with respect to any indebtedness owing by any of
the Credit Party to any other Credit Party is hereby subordinated to the prior payment in full in
cash of the Obligations. Each Credit Party agrees that, after the occurrence and during the
continuance of any Default or Event of Default hereunder, none of the Credit Parties will demand,
sue for or otherwise attempt to collect any indebtedness of any other Credit Party to such Credit
Party until all of the Obligations of the Credit Parties hereunder shall have been paid in full in
cash. If, notwithstanding the foregoing sentence, any Credit Party shall collect, enforce or
receive any amounts in respect of such indebtedness in violation of the foregoing sentence while
any Obligations of the Credit Parties are still outstanding, such amounts shall be collected,

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enforced and received by such Credit Party as trustee for the Administrative Agent and the Lenders
and be paid over to the Administrative Agent on account of the Obligations without affecting in any
manner the liability of such Credit Party under the other provisions hereof.

SECTION 5.9. Changed Circumstances. (a) Circumstances Affecting LIBOR Rate
Availability. If with respect to any Interest Period: (i) the Administrative Agent or any
Lender (after consultation with Administrative Agent) shall determine that, by reason of
circumstances affecting the foreign exchange and interbank markets generally, deposits in the
applicable currency, in the applicable amounts are not being quoted via Moneyline Telerate Markets
Screen 3750 (or on any successor or substitute page of such service, or any successor to or
substitute for such service, providing rate quotations comparable to those currently provided on
such page of such service, as determined by the Administrative Agent from time to time for purposes
of providing quotations of interest rates applicable to deposits of the applicable currency in the
London interbank market) or offered to the Administrative Agent or such Lender for such Interest
Period; or (ii) the Required Lenders reasonably determine (which determination shall be conclusive)
and notify the Administrative Agent that the LIBOR Rate will not adequately and fairly
reflect the cost to the Required Lenders of funding LIBOR Rate Loans or Floating Rate Loans for
such Interest Period; then the Administrative Agent shall forthwith give notice thereof to the
Borrower. Thereafter, until the Administrative Agent notifies the Borrower that such circumstances
no longer exist, the obligation of the Lenders to make LIBOR Rate Loans or Floating Rate Loans and
the right of the Borrower to convert any Revolving Credit Loan to or continue any Loan as a LIBOR
Rate Loan shall be suspended, and the Borrower shall repay in full (or cause to be repaid in full)
the then outstanding principal amount of each such LIBOR Rate Loan or Floating Rate Loan together
with accrued interest thereon, on the last day of the then current Interest Period applicable to
such Loan or convert the then outstanding principal amount of each such LIBOR Rate Loan to a Base
Rate Loan as of the last day of such Interest Period.

     (b) Laws Affecting LIBOR Rate or Floating Rate Availability. If, after the
date hereof, the introduction of, or any change in, any Applicable Law or any change in the
interpretation or administration thereof by any Governmental Authority, central bank or comparable
agency charged with the interpretation or administration thereof, or compliance by any Lender (or
any of their respective Lending Offices) with any request or directive (whether or not having the
force of law) issued after the date hereof of any such Authority, central bank or comparable
agency, shall make it unlawful or impossible for any of the Lenders (or any of their respective
Lending Offices) to honor its obligations hereunder to make or maintain any LIBOR Rate Loan or
Floating Rate Loan, such Lender shall promptly give notice thereof to the Administrative Agent and
the Administrative Agent shall promptly give notice to the Borrower and the other Lenders.
Thereafter, until the Administrative Agent notifies the Borrower that such circumstances no longer
exist, (i) the obligations of the Lenders to make LIBOR Rate Loans or Floating Rate Loans and the
right of the Borrower to convert any Revolving Credit Loan or continue any Revolving Credit Loan as
a LIBOR Rate Loan shall be suspended and thereafter the Borrower may select only Base Rate Loans
hereunder, and (ii) if any of the Lenders may not lawfully continue to maintain a LIBOR Rate Loan
or Floating Rate Loan to the end of the then current Interest Period applicable thereto , the
applicable Loan shall immediately be converted to a Base Rate Loan or a Loan that bears interest at
the Base Rate for the remainder of such Interest Period.

     (c) Increased Costs. If, after the date hereof, the introduction of, or any
change in, any Applicable Law, or in the interpretation or administration thereof by any
Governmental Authority, central bank or comparable agency charged with the interpretation or
administration thereof, or compliance by any of the Lenders (or any of their respective Lending
Offices) with

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any request or directive (whether or not having the force of law) issued after the date hereof of
such Authority, central bank or comparable agency:

     (i) shall subject any of the Lenders (or any of their respective Lending Offices) to any
tax, duty or other charge with respect to any Revolving Credit Loan, Letter of Credit or
Application or shall change the basis of taxation of payments to any of the Lenders (or any of
their respective Lending Offices) of the principal of or interest on any Revolving Credit Loan,
Letter of Credit or Application or any other amounts due under this Agreement in respect thereof
(except for changes in the rate of tax on the overall net income of any of the Lenders or any of
their respective Lending Offices imposed by the jurisdiction in which such Lender is organized or
is or should be qualified to do business or such Lending Office is located); or

     (ii) shall impose, modify or deem applicable any reserve (including, without limitation,
any imposed by the Board of Governors of the Federal Reserve System), special deposit, insurance or
capital or similar requirement against assets of, deposits with or for the account of, or credit
extended by any of the Lenders (or any of their respective Lending Offices) or shall impose on any
of the Lenders (or any of their respective Lending Offices) or the foreign exchange and interbank
markets any other condition affecting any Revolving Credit Loan; and the result of any of the
foregoing is to increase the costs to any of the Lenders of maintaining any LIBOR Rate Loan or
Floating Rate Loan or issuing or participating in Letters of Credit or to reduce the yield or
amount of any sum received or receivable by any of the Lenders under this Agreement or under any
other Loan Document in respect of a LIBOR Rate Loan or Floating Rate Loan or Letter of Credit or
Application, then such Lender may promptly notify the Administrative Agent, and the Administrative
Agent shall promptly notify the Borrower of such fact and demand compensation therefor and, within
fifteen (15) days after such notice by the Administrative Agent, the Borrower shall pay to such
Lender such additional amount or amounts as will compensate such Lender or Lenders for such
increased cost or reduction. The Administrative Agent and the applicable Lender will promptly
notify the Borrower of any event of which it has knowledge which will entitle such Lender to
compensation pursuant to this Section 5.9(c); provided, that the Administrative Agent shall incur
no liability whatsoever to the Lenders or the Borrower in the event it fails to do so. The amount
of such compensation shall be determined, in the applicable Lender’s reasonable discretion, based
upon the assumption that such Lender funded its Revolving Credit Commitment Percentage of the LIBOR
Rate Loans or Floating Rate Loans in the London interbank market and using any reasonable
attribution or averaging methods which such Lender deems appropriate and practical; provided that
no compensation shall be payable pursuant to the above if the applicable Lender fails to demand
compensation for such increased costs within one-hundred eighty (180) days following the date on
which such Lender has actual knowledge of the event resulting in such increase. A certificate of
such Lender setting forth in reasonable detail the basis for determining such amount or amounts
necessary to compensate such Lender shall be forwarded to the Borrower through the Administrative
Agent and shall be conclusively presumed to be correct save for manifest error.

     (d) Mitigation Obligations; Replacement of Lenders.

     (i) If any Lender requests compensation under this Section 5.9, or if the Borrower
is required to pay any additional amount to any Lender or any Governmental Authority for the
account of any Lender pursuant to Section 5.12, then such Lender shall use reasonable

34

 

efforts to designate a different lending office for funding or booking its Loans hereunder or to
assign its rights and obligations hereunder to another of its offices, branches or affiliates, if,
in the judgment of such Lender, such designation or assignment (A) would eliminate or reduce
amounts payable pursuant to this Section 5.9 or Section 5.12, as the case may be, in the future and
(B) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be
disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses
incurred by any Lender in connection with any such designation or assignment.

     (ii) If any Lender requests compensation under this Section 5.9, or if the
Borrower is required to pay any additional amount to any Lender or any Governmental Authority for
the account of any Lender pursuant to Section 5.12, or if any Lender defaults in its obligation to
fund Loans hereunder, then the Borrower may, at its sole expense and effort, upon notice to such
Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse
(in accordance with and subject to the restrictions contained in Section 14.10), all its interests,
rights and obligations under this Agreement to an Eligible Assignee that shall assume such
obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided
that (A) the Borrower shall have received the prior written consent of the Administrative Agent
(and, if a participation in a Letter of Credit is being assigned, the Issuing Lender that issued
such Letter of Credit), which consent shall not unreasonably be withheld, (B) such Lender shall
have received payment of an amount equal to the outstanding principal of its Revolving Credit Loans
and participations in Letters of Credit, accrued interest thereon, accrued fees and all other
amounts payable to it hereunder, from the assignee (to the extent of such outstanding principal and
accrued interest and fees) or the Borrower (in the case of all other amounts) and (C) in the case
of any such assignment resulting from a claim for compensation under this Section 5.9, such
assignment will result in a reduction in such compensation or payments. A Lender shall not be
required to make any such assignment and delegation if, prior thereto, as a result of a waiver by
such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and
delegation cease to apply.

SECTION 5.10. Indemnity. The Borrower hereby indemnifies each of the Lenders against any
loss or expense which may arise or be attributable to each Lender’s obtaining, liquidating or
employing deposits or other funds acquired to effect, fund or maintain any Loan (a) as a
consequence of any failure by the Borrower to make any payment when due of any amount due hereunder
in connection with a LIBOR Rate Loan or Floating Rate
Loan, (b) due to any failure of the Borrower to borrow on a date specified therefor in a Notice of
Revolving Credit Borrowing or Notice of Continuation/Conversion or (c) due to any payment,
prepayment or conversion of any LIBOR Rate Loan or Floating Rate Loan on a date other than the last
day of the Interest Period therefor. The amount of such loss, cost or expense to any Lender shall
be deemed to equal an amount determined by such Lender to be the excess, if any, of (i) the amount
of interest which would have accrued on the principal amount of such Loan had such event not
occurred, at the LIBOR Rate that would have been applicable to such Loan, for the period from the
date of such event to the last day of the then current Interest Period therefor (or, in the case of
a failure to borrow, convert or continue, for the period that would have been the Interest Period
for such Loan), over (ii) the amount of interest which would accrue on such principal amount for
such period at the interest rate which such Lender would bid, were it to bid, at the commencement
of such period, for deposits in the applicable currency of a comparable amount and period from
other banks in the London interbank market; provided that no compensation shall be payable pursuant
to the above if the applicable Lender fails to demand compensation for such increased costs within
one-hundred eighty (180) days following the date on which such Lender has actual knowledge of the
event resulting in such increase. A certificate of such Lender setting forth in reasonable detail
the basis for determining such amount or amounts necessary to compensate such

35

 

Lender shall be forwarded to the Borrower through the Administrative Agent and shall be
conclusively presumed to be correct save for manifest error.

SECTION 5.11. Capital Requirements. If either (a) the introduction of, or any change in,
or in the interpretation of, any Applicable Law or (b) compliance with any guideline or request
issued after the date hereof from any central bank or comparable agency or other Governmental
Authority (whether or not having the force of law), has or would have the effect of reducing the
rate of return on the capital of, or has affected or would affect the amount of capital required to
be maintained by, any Lender or any corporation controlling such Lender as a consequence of, or
with reference to any Lender’s Revolving Credit Commitment and other commitments of this type,
below the rate which the Lender or such other corporation could have achieved but for such
introduction, change or compliance, then within five (5) Business Days after written demand by any
such Lender, the Borrower shall pay to such Lender from time to time as specified by such Lender
additional amounts sufficient to compensate such Lender or other corporation for such reduction;
provided that no compensation shall be payable pursuant to the above if the applicable Lender fails
to demand compensation for such increased costs within one-hundred eighty (180) days following the
date on which such lender has actual knowledge of the event resulting in such increase. A
certificate of such Lender setting forth in reasonable detail the basis for determining such
amounts necessary to compensate such Lender shall be forwarded to the Borrower through the
Administrative Agent and shall be conclusively presumed to be correct save for manifest error.

SECTION 5.12. Taxes. (a) Payments Free and Clear. Any and all payments by the
Borrower hereunder or under the Notes or the Letters of Credit shall be made free and clear of and
without deduction for any and all present or future taxes, levies, imposts, deductions, charges or
withholding, and all liabilities with respect thereto excluding, (i) in the case of each Lender and
the Administrative Agent, income and franchise taxes imposed on (or measured by) its net income by
the United States of America or by the jurisdiction under the laws of which such Lender or the
Administrative Agent (as the case may be) is organized or its principal office is located or is or
should be qualified to do business or any political subdivision thereof, or in the case of any
Lender, in which its applicable Lending Office is located (provided, however, that no Lender shall
be deemed to be located in any jurisdiction solely as a result of taking any action related to this
Agreement or the Notes or Letters of Credit) and (ii) any branch profits tax imposed by the United
States of America or any similar tax imposed by any other jurisdiction described in clause (i)
above (all such non-excluded taxes, levies, imposts, deductions, charges, withholdings and
liabilities being hereinafter referred to as “Taxes”). If the Borrower shall be required by
law to deduct any Taxes from or in respect of any sum payable hereunder or under any Note or Letter
of Credit to any Lender or the Administrative Agent, (A) the sum payable shall be increased as may
be necessary so that after making all required deductions (including deductions applicable to
additional sums payable under this Section 5.12) such Lender or the Administrative Agent (as the
case may be) receives an amount equal to the amount such party would have received had no such
deductions been made, (B) the Borrower shall make such deductions, (C) the Borrower shall pay the
full amount deducted to the relevant taxing authority or other authority in accordance with
applicable law, and (D) the Borrower shall deliver to the Administrative Agent evidence of such
payment to the relevant taxing authority or other authority in the manner provided in Section
5.12(d). The Borrower shall not, however, be required to pay any amounts pursuant to clause (A) of
the preceding sentence to any Foreign Lender or the Administrative Agent not organized under the
laws of the United States of America or a state thereof (or the District of Columbia) if such
Foreign Lender or the Administrative Agent fails to comply with the requirements of paragraph (e)
of this Section 5.12 or Section 5.9(d), as the case may be.

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     (b) Stamp and Other Taxes. In addition, the Borrower shall pay any present or
future stamp, registration, recordation or documentary taxes or any other similar fees or charges
or excise or property taxes, levies of the United States or any state or political subdivision
thereof or any applicable foreign jurisdiction which arise from any payment made hereunder or from
the execution, delivery or registration of, or otherwise with respect to, this Agreement, the
Loans, the Letters of Credit, the other Loan Documents (hereinafter referred to as “Other
Taxes”).

     (c) Indemnity. The Borrower shall indemnify each Lender and the Administrative
Agent for the full amount of Taxes and Other Taxes (including, without limitation, any
Taxes and Other Taxes imposed by any jurisdiction on amounts payable under this Section 5.12) paid
by such Lender or the Administrative Agent (as the case may be) and any liability (including
penalties, interest and reasonable expenses) arising therefrom or with respect thereto, whether or
not such Taxes or Other Taxes were correctly or legally asserted. A certificate as to the amount of
such payment or liability prepared by a Lender or the Administrative Agent, absent manifest error,
shall be conclusive, provided that if the Borrower reasonably believes that such Taxes or Other
Taxes were not correctly or legally asserted, such Lender or the Administrative Agent (as the case
may be) shall use reasonable efforts to cooperate with the Borrower, at the Borrower’s expense, to
obtain a refund of such Taxes or Other Taxes. Such indemnification shall be made within thirty (30)
days from the date such Lender or the Administrative Agent (as the case may be) makes written
demand therefor. If a Lender or the Administrative Agent shall become aware that it is entitled to
receive a refund in respect of Taxes or Other Taxes, it promptly shall notify the Borrower of the
availability of such refund and shall, within sixty (60) days after receipt of a request by the
Borrower pursue or timely claim such refund at the Borrower’s expense. If any Lender or the
Administrative Agent receives a refund in respect of any Taxes or Other Taxes for which such Lender
or the Administrative Agent has received payment from the Borrower hereunder, it promptly shall
repay such refund (plus interest received, if any) to the Borrower (but only to the extent of
indemnity payments made, or additional amounts paid, by the Borrower under this Section 5.12 with
respect to Taxes or Other Taxes giving rise to such refund), provided that the Borrower, upon the
request of such Lender or the Administrative Agent, agrees to return such refund (plus any
penalties, interest or other charges required to be paid) to such Lender or the Administrative
Agent in the event such Lender or the Administrative Agent is required to repay such refund to the
relevant taxing authority.

     (d) Evidence of Payment. Within thirty (30) days after the date of any payment
of Taxes or Other Taxes, the Borrower shall furnish to the Administrative Agent, at its address
referred to in Section 14.1, the original or a certified copy of a receipt evidencing payment
thereof or other evidence of payment satisfactory to the Administrative Agent.

     (e) Delivery of Tax Forms. Each Foreign Lender shall deliver to the Borrower,
with a copy to the Administrative Agent, on the Closing Date or concurrently with the delivery of
the relevant Assignment and Acceptance, as applicable, (i) two United States Internal Revenue
Service Forms W-8ECI or Forms W-8BEN, as applicable (or successor forms), properly completed and
certifying in each case that such Foreign Lender is entitled to a complete exemption from
withholding or deduction for or on account of any United States federal income taxes, and (ii) an
Internal Revenue Service Form W-8 or W-9 or successor applicable form, as the case may be, to
establish an exemption from United States backup withholding taxes. Each Foreign Lender further
agrees to deliver to the Borrower, with a copy to the Administrative Agent, a Form W-8BEN or
W-8ECI

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and Form W-8 or W-9, or successor applicable forms or manner of certification, as the case may be,
on or before the date that any such form expires or becomes obsolete or after the occurrence of any
event requiring a change in the most recent form previously delivered by it to the Borrower,
certifying in the case of a Form W-8BEN or W-8ECI that such Foreign Lender is entitled to receive
payments under this Agreement without deduction or withholding of any United States federal income
taxes (unless in any such case an event (including without limitation any change in treaty, law or
regulation) has occurred prior to the date on which any such delivery would otherwise be required
which renders such forms inapplicable or the exemption to which such forms relate unavailable and
such Foreign Lender notifies the Borrower and the Administrative Agent that it is not entitled to
receive payments without deduction or withholding of United States federal income taxes) and, in
the case of a Form W-8 or W-9, establishing an exemption from United States backup withholding tax.

     (f) Survival. Without prejudice to the survival of any other agreement of the
Borrower hereunder, the agreements and obligations of the Borrower contained in this Section 5.12
shall survive the payment in full of the Obligations and the termination of the Revolving Credit
Commitment.

ARTICLE VI CLOSING; CONDITIONS OF CLOSING AND BORROWING

SECTION 6.1. Closing. The closing shall take place at the offices of Shearman & Sterling
LLP at 10:00 a.m. on June 15, 2004 or at such other location, on such other date and at such other
time as the parties hereto shall mutually agree.

SECTION 6.2. Conditions to Closing and Initial Revolving Credit Loans and Letters of
Credit. The obligation of the Lenders to close this Agreement and to make the initial
Revolving Credit Loans or issue the initial Letters of Credit is subject to the satisfaction or
waiver of each of the following conditions:

     (a) Executed Loan Documents. This Agreement and the Revolving Credit Notes (to
the extent requested as provided herein) shall have been duly authorized, executed and delivered to
the Administrative Agent by the parties thereto, shall be in full force and effect and no default
shall exist thereunder, and the Borrower shall have delivered original counterparts thereof to the
Administrative Agent.

     (b) Closing Certificates; Etc.

          (i) Officers’ Certificate of the Borrower. The Administrative Agent shall
have received a certificate from a Responsible Officer, in form and substance reasonably
satisfactory to the Administrative Agent, to the effect that all representations and warranties of
the Borrower contained in this Agreement and the other Loan Documents are true, correct and
complete in all material respects; that the Borrower is not in violation of any of the covenants
contained in this Agreement and the other Loan Documents; that, after giving effect to the
transactions contemplated by this Agreement, no Default or Event of Default has occurred and is
continuing; and that each of the
closing conditions has been satisfied or waived (assuming satisfaction of the Administrative Agent
where not advised otherwise).

          (ii) General Certificate of the Borrower. The Administrative Agent shall
have received a certificate of the secretary, assistant secretary or general counsel of the
Borrower certifying as to the incumbency and genuineness of the signature of each officer of the
Borrower executing Loan Documents to which it is a party and certifying that attached thereto is a
true, correct and complete copy of (A) the articles of incorporation of the Borrower and all
amendments thereto, certified as of a recent date by the appropriate Governmental Authority in its
jurisdiction of incorporation, (B) the

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bylaws of the Borrower as in effect on the date of such certifications, (C) resolutions duly
adopted by the Board of Directors of the Borrower authorizing the borrowings contemplated hereunder
and the execution, delivery and performance of this Agreement and the other Loan Documents to which
it is a party, and (D) each certificate required to be delivered pursuant to Section 6.2(b)(iii).

          (iii) Certificates of Good Standing. The Administrative Agent shall have
received long-form certificates as of a recent date of the good standing of the Borrower under the
laws of its jurisdiction of organization and short-form certificates as of a recent date of the
good standing of the Borrower under the laws of each of California, New York, North Carolina,
Texas, Tennessee and Washington.

          (iv) Opinions of Counsel. The Administrative Agent shall have received
favorable opinions of Ira M. Dansky, General Counsel to the Borrower, Cravath, Swaine & Moore LLP,
special counsel to the Borrower, and Schnader Harrison Segal & Lewis LLP, Pennsylvania counsel to
the Borrower, addressed to the Administrative Agent and the Lenders with respect to the Borrower,
the Loan Documents and such other matters as the Lenders shall reasonably request.

     (c) Consents; Defaults.

          (i) Governmental and Third Party Approvals. The Borrower shall have
obtained all material approvals, authorizations and consents of any Person and of all Governmental
Authorities and courts having jurisdiction with respect to the transactions contemplated by this
Agreement and the other Loan Documents.

          (ii) No Event of Default. No Default or Event of Default shall have
occurred and be continuing.

     (d) Financial Matters.

          (i) Financial Statements. The Administrative Agent shall have received the
audited Consolidated financial statements of Jones Apparel Group and its Subsidiaries for the
Fiscal Year ended on December 31, 2003 and the unaudited financial statements of Jones Apparel
Group and its Subsidiaries for the fiscal quarter ended on April 3, 2004.

          (ii) Financial Condition Certificate. The Borrower shall have delivered to
the Administrative Agent a certificate, in form and substance reasonably satisfactory to the
Administrative Agent, and certified by a Responsible Officer, that the financial projections
previously delivered to the Administrative Agent were prepared in good faith based upon assumptions
believed to be reasonable at the time.

          (iii) Payment at Closing; Fee Letters. The Borrower shall have paid the
fees set forth or referenced in Section 5.3(c) and any other accrued and unpaid fees or commissions
due hereunder (including, without limitation, reasonable legal fees and expenses) to the
Administrative Agent and Lenders, and to any other Person such amount as may be due thereto in
connection with the transactions contemplated hereby, including all taxes, fees and other charges
in connection with the execution, delivery, recording, filing and registration of any of the Loan
Documents. The Administrative Agent shall have received duly authorized and executed copies of the
fee letter agreement referred to in Section 5.3(c).

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     (e) Miscellaneous.

          (i) Notice of Revolving Credit Borrowing. The Administrative Agent shall have
received a Notice of Revolving Credit Borrowing from the Borrower in accordance with Section
2.2(a), and a Notice of Account Designation specifying the account or accounts to which the
proceeds of any Revolving Credit Loans made after the Closing Date are to be disbursed.

          (ii) Proceedings and Documents. All opinions, certificates and other instruments
and all proceedings in connection with the transactions contemplated by this Agreement shall be
satisfactory in form and substance to the Lenders.

          (iii) Investment Policy. The Borrower shall have delivered to the Administrative
Agent a true and complete copy of the investment policy referenced in Section 11.4(b) in form and
content reasonably acceptable to the Administrative Agent.

     (f) Refinancing. On the Closing Date hereunder, (i) all outstanding loans
under the Prior Credit Agreement (“Existing Loans”) shall be replaced by Revolving Credit
Loans hereunder and the Administrative Agent shall make such transfers of funds as are necessary in
order that the outstanding balance of such Revolving Credit Loans, together with any Revolving
Credit Loans funded on the Closing Date, reflect the Revolving
Credit Commitment of the Lenders hereunder, (ii) all outstanding letters of credit issued pursuant
to the Prior Credit Agreement shall be deemed Letters of Credit hereunder and each Lender shall
purchase a participation therein pursuant to Section 3.4 in accordance with its Revolving Credit
Commitment Percentage, (iii) there shall have been paid in cash in full all accrued but unpaid
interest due on the Existing Loans up to but excluding the Closing Date, (iv) there shall have been
paid in cash in full all accrued but unpaid fees due under the Prior Credit Agreement up to but
excluding the Closing Date and all other amounts, costs and expenses then owing to any of the Prior
Lenders and/or any Agent, as agent under the Prior Credit Agreement, in each case to the
satisfaction of such Agent or Prior Lender, as the case may be, regardless of whether or not such
amounts would otherwise be due and payable at such time pursuant to the terms of the Prior Credit
Agreement, (v) all outstanding promissory notes issued by the Borrower to the Prior Lenders under
the Prior Credit Agreement shall be deemed canceled and the originally executed copies thereof
shall be canceled and promptly returned to the Administrative Agent who shall promptly forward such
notes to the Borrower and (vi) the commitments and, except as expressly set forth in the Prior
Credit Agreement, other obligations and rights of the Borrower and the Prior Lenders shall be
terminated without any further action hereunder or thereunder.

SECTION 6.3. Conditions to Extensions of Credit. The obligations of the Lenders to make
any Extensions of Credit (other than Competitive Bid Loans) are subject to the satisfaction of the
following conditions precedent on the relevant borrowing or issue date, as applicable:

     (a) Continuation of Representations and Warranties. The representations and
warranties contained in Article VII shall be true and correct on and as of such borrowing or
issuance date with the same effect as if made on and as of such date; except for any representation
and warranty made as of an earlier date, which representation and warranty shall remain true and
correct as of such earlier date.

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     (b) No Existing Default. No Default or Event of Default shall have occurred
and be continuing hereunder (i) on the borrowing date with respect to such Revolving Credit Loan or
after giving effect to the Revolving Credit Loans to be made on such date or (ii) on the issue,
extension or renewal date with respect to such Letter of Credit or after giving effect to such
Letter of Credit on such date.

SECTION 6.4. Conditions Precedent to Each Competitive Bid Borrowing. The obligation of
each Lender that is to make a Competitive Bid Loan on the occasion of a Competitive Bid Borrowing
to make such Competitive Bid Loan as part of such Competitive Bid Borrowing is subject to the
conditions precedent that (i) the Agent shall have received the written confirmatory Notice of
Competitive Bid Borrowing with respect thereto, (ii) on or before the date of such Competitive Bid
Borrowing, but prior to
such Competitive Bid Borrowing, the Agent shall have received a Competitive Bid Note payable to the
order of such Lender for each of the one or more Competitive Bid Loans to be made by such Lender as
part of such Competitive Bid Borrowing, in a principal amount equal to the principal amount of the
Competitive Bid Loan to be evidenced thereby and otherwise on such terms as were agreed to for such
Competitive Bid Loan in accordance with Section 4.1, and (iii) on the date of such Competitive Bid
Borrowing:

     (a) Continuation of Representations and Warranties. The representations and
warranties contained in Article VII shall be true and correct on and as of such borrowing with the
same effect as if made on and as of such date; except for any representation and warranty made as
of an earlier date, which representation and warranty shall remain true and correct as of such
earlier date.

     (b) No Existing Default. No Default or Event of Default shall have occurred
and be continuing hereunder on the borrowing date with respect to such Competitive Bid Loan or
after giving effect to the Competitive Bid Loans to be made on such date.

ARTICLE VII REPRESENTATIONS AND WARRANTIES OF THE CREDIT PARTIES

SECTION 7.1. Representations and Warranties. To induce the Administrative Agent and
Lenders to enter into this Agreement and to induce the Lenders to make Extensions of Credit, the
Credit Parties hereby represent and warrant to the Administrative Agent and Lenders that:

     (a) Organization; Power; Qualification. Each of the Credit Parties and their
Subsidiaries is duly organized, validly existing and in good standing under the laws of the
jurisdiction of its incorporation or formation, has the power and authority to own its properties
and to carry on its business as now being and hereafter proposed to be conducted and is duly
qualified and authorized to do business in each jurisdiction in which the character of its
properties or the nature of its business requires such qualification and authorization, except
where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

     (b) Ownership. Each Subsidiary of each of the Credit Parties as of the Closing
Date is listed on Schedule 7.1(b). As of the Closing Date, the capitalization of the Credit Parties
and their Subsidiaries consists of the number of shares, authorized, issued and outstanding, of
such classes and series, with or without par value, described on Schedule 7.1(b). As of the Closing
Date, all outstanding shares have been duly authorized and validly issued and are fully paid and
nonassessable. The shareholders of the Subsidiaries of the Credit Parties and the number of shares
owned by each as of the Closing Date are described on Schedule 7.1(b). As of the Closing Date,
there are no outstanding stock

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purchase warrants, subscriptions, options, securities, instruments or other rights of any type or
nature whatsoever, which are convertible into, exchangeable for or otherwise provide for or permit
the issuance of capital stock of the Credit Parties or their Subsidiaries, except as described on
Schedule 7.1(b).

     (c) Authorization of Agreement, Loan Documents and Borrowing. Each of the
Credit Parties and, if applicable, their Subsidiaries has the right, power and authority and has
taken all necessary corporate and other action to authorize the execution, delivery and performance
of each of the Loan Documents to which it is a party in accordance with their respective terms.
Each of the Loan Documents have been duly executed and delivered by the duly authorized officers of
the Credit Parties and each of their Subsidiaries party thereto, as applicable, and each such
document constitutes the legal, valid and binding obligation of the Credit Parties and, if
applicable, each of their Subsidiaries party thereto, enforceable in accordance with its terms,
except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or
similar state or federal debtor relief laws from time to time in effect which affect the
enforcement of creditors’ rights in general and the availability of equitable remedies.

     (d) Compliance of Agreement, Loan Documents and Borrowing with Laws, Etc. The
execution, delivery and performance by the Credit Parties and their Subsidiaries of the Loan
Documents to which each such Person is a party, in accordance with their respective terms, the
borrowings hereunder and the transactions contemplated hereby do not and will not, by the passage
of time, the giving of notice or otherwise, (i) require any of the Credit Parties or any of their
Subsidiaries to obtain any Governmental Approval not otherwise already obtained or violate any
Applicable Law relating to the Credit Parties or any of their Subsidiaries, (ii) conflict with,
result in a breach of or constitute a default under the articles of incorporation, bylaws or other
organizational documents of the Credit Parties or any of their Subsidiaries or any indenture or
other material agreement or instrument to which such Person is a party or by which any of its
properties may be bound or any Governmental Approval relating to such Person except as could not
reasonably be expected to have a Material Adverse Effect, or (iii) result in or require the
creation or imposition of any material Lien upon or with respect to any property now owned or
hereafter acquired by such Person.

     (e) Compliance with Law; Governmental Approvals. Other than with respect to
environmental matters, which are treated exclusively in Section 7.1(h) hereof, each of the Credit
Parties and their Subsidiaries (i) has all Governmental Approvals required by any Applicable Law
for it to conduct its business, each of which is in full force and effect, is final and not subject
to review on appeal and is not the subject of any pending or, to the best of its knowledge,
threatened attack by direct or collateral proceeding, and (ii) is in compliance with each
Governmental Approval applicable to it and in compliance with all other Applicable Laws relating to
it or any of its respective properties; in each case, except where the failure to do so could not
reasonably be expected to have a Material Adverse Effect.

     (f) Tax Returns and Payments. Each of the Credit Parties and their
Subsidiaries has timely filed or caused to be timely filed all federal and state, local and other
tax returns required by Applicable Law to be filed, and has paid, or made adequate provision for
the payment of, all federal and state, local and other taxes, assessments and governmental charges
or levies upon it and its property, income, profits and assets which are due and payable, except
(a) taxes that are being contested in good faith by appropriate

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proceedings and for which such Credit Party or Subsidiary, as applicable, has set aside on its
books adequate reserves to the extent required by GAAP or (b) to the extent the failure to do so
could not reasonably be expected to have a Material Adverse Effect. No Governmental Authority has
asserted any material Lien or other claim against the Credit Parties or any Subsidiary thereof with
respect to unpaid taxes (except for taxes not yet due) which has not been discharged or resolved.

     (g) Intellectual Property Matters. Each of the Credit Parties and its
Subsidiaries owns or possesses rights to use all franchises, licenses, copyrights, copyright
applications, patents, patent rights or licenses, patent applications, trademarks, trademark
rights, trade names, trade name rights, copyrights and rights with respect to the foregoing which
are required to conduct its business except where the failure to do so could not reasonably be
expected to have a Material Adverse Effect. No event has occurred which, to the knowledge of the
Credit Parties, permits, or after notice or lapse of time or both would permit, the revocation or
termination of any such rights, and, to the knowledge of the Credit Parties, neither the Credit
Parties nor any Subsidiary thereof is liable to any Person for infringement under Applicable Law
with respect to any such rights as a result of its business operations, except as could not
reasonably be expected to have a Material Adverse Effect.

     (h) Environmental Matters. Except as could not reasonably be expected to have
a Material Adverse Effect:

     (i) The properties of the Credit Parties and their Subsidiaries do not contain, and to
their knowledge have not previously contained, any Hazardous Materials in amounts or concentrations
which (A) constitute or constituted a violation of applicable Environmental Laws or (B) could give
rise to liability under applicable Environmental Laws;

     (ii) The properties of the Credit Parties and their Subsidiaries and all operations
conducted in connection therewith are in compliance, and have been in compliance, with all
applicable Environmental Laws, and there are no Hazardous Materials at, under or about such
properties or such operations in amounts or concentrations which could reasonably be expected to
interfere with the continued operation of such properties;

     (iii) Neither any of the Credit Parties nor any Subsidiary thereof has received any notice
of violation, alleged violation, non-compliance, liability or potential liability regarding
environmental matters or compliance with Environmental Laws, nor does any of the Credit Parties or
any Subsidiary thereof have knowledge or reason to believe that any such notice will be received or
is being threatened;

     (iv) To the knowledge of the Credit Parties, Hazardous Materials have not been transported
or disposed of from the properties of the Credit Parties or any of their Subsidiaries in violation
of, or in a manner or to a location which could reasonably be expected to give rise to liability
under, Environmental Laws, nor, to the knowledge of the Credit Parties, have any Hazardous
Materials been generated, treated, stored or disposed of at, on or under any of such properties in
violation of, or in a manner which could reasonably be expected to give rise to liability under,
any Environmental Laws;

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     (v) No judicial proceedings or governmental or administrative action is pending, or, to
the knowledge of the Credit Parties, threatened, under any Environmental Law to which any of the
Credit Parties or any Subsidiary thereof will be named as a party, nor are there any consent
decrees or other decrees, consent orders, administrative orders or other orders, or other
administrative or judicial requirements outstanding under any Environmental Law with respect to the
properties or operations of the Credit Parties and their Subsidiaries; and

     (vi) To the knowledge of the Credit Parties, there has been no release, or to the best of
the Credit Parties’ knowledge, the threat of release, of Hazardous Materials at or from the
properties of the Credit Parties or any of their Subsidiaries, in violation of or in amounts or in
a manner that could reasonably be expected to give rise to liability under Environmental Laws.

     (i) ERISA.

          (i) Each of the Credit Parties and each ERISA Affiliate is in compliance with all
applicable provisions of ERISA and the regulations and published interpretations thereunder with
respect to all Employee Benefit Plans except where any such non-compliance could not reasonably be
expected to have a Material Adverse Effect. Except for any failure that would not reasonably be
expected to have a Material Adverse Effect, each Employee Benefit Plan that is intended to be
qualified under Section 401(a) of the Code has been determined by the Internal Revenue Service to
be so qualified, and each trust related to such plan has been determined to be exempt under Section
501(a) of the Code. No liability that could reasonably be expected to result in a Material Adverse
Effect has been incurred by the Credit Parties or any ERISA Affiliate which remains unsatisfied for
any taxes or penalties with respect to any Employee Benefit Plan or any Multiemployer Plan;

          (ii) No accumulated funding deficiency (as defined in Section 412 of the Code) has
been incurred (without regard to any waiver granted under Section 412 of the Code), nor has any
funding waiver from the Internal Revenue Service been received or requested with respect to any
Pension Plan;

          (iii) Neither the Credit Parties nor any ERISA Affiliate has: (A) engaged in a
nonexempt prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code, (B)
incurred any liability to the PBGC which remains outstanding other than the payment of premiums and
there are no premium payments which are due and unpaid, (C) failed to make a required contribution
or payment to a Multiemployer Plan, or (D) failed to make a required installment or other required
payment under Section 412 of the Code except where any of the foregoing individually or in the
aggregate could not reasonably be expected to have a Material Adverse Effect;

          (iv) No Termination Event that could reasonably be expected to result in a
Material Adverse Effect has occurred or is reasonably expected to occur; and

          (v) No proceeding, claim, lawsuit and/or investigation is existing or, to the
knowledge of the Credit Parties, threatened concerning or involving any Employee Benefit Plan that
could reasonably be expected to result in a Material Adverse Effect.

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     (j) Margin Stock. Neither the Credit Parties nor any Subsidiary thereof is
engaged principally or as one of its activities in the business of extending credit for the purpose
of “purchasing” or “carrying” any “margin stock” (as each such term is
defined or used in Regulation U of the Board of Governors of the Federal Reserve System). No part
of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying
margin stock, unless the Credit Parties shall have given the Administrative Agent and Lenders prior
notice of such event and such other information as is reasonably necessary to permit the
Administrative Agent and Lenders to comply, in a timely fashion, with all reporting obligations
required by Applicable Law, or for any purpose which violates, or which would be inconsistent with,
the provisions of Regulation T, U or X of such Board of Governors.

     (k) Government Regulation. Neither the Credit Parties nor any Subsidiary
thereof is an “investment company” or a company “controlled” by an “investment
company” (as each such term is defined or used in the Investment Company Act of 1940, as
amended) and neither the Credit Parties nor any Subsidiary thereof is, or after giving effect to
any Extension of Credit will be, subject to regulation under the Public Utility Holding Company Act
of 1935 or the Interstate Commerce Act, each as amended.

     (l) Burdensome Provisions. Neither the Credit Parties nor any Subsidiary
thereof is a party to any indenture, agreement, lease or other instrument, or subject to any
corporate
or partnership restriction, Governmental Approval or Applicable Law which is so unusual or
burdensome as in the foreseeable future could be reasonably expected to have a Material Adverse
Effect. The Credit Parties and their Subsidiaries do not presently anticipate that future
expenditures needed to meet the provisions of any statutes, orders, rules or regulations of a
Governmental Authority will be so burdensome as to have a Material Adverse Effect.

     (m) Financial Statements. The (i) Consolidated balance sheets of Jones Apparel
Group and its Subsidiaries as of December 31, 2003, and the related statements of income,
stockholders’ equity and cash flows for the Fiscal Years then ended and (ii) unaudited Consolidated
balance sheet of Jones Apparel Group and its Subsidiaries as of April 3, 2004, and related
unaudited interim statements of income, stockholders’ equity and cash flows, copies of which have
been furnished to the Administrative Agent and each Lender, are complete in all material respects
and fairly present in all material respects the assets, liabilities and financial position of Jones
Apparel Group and its Subsidiaries as at such dates, and the results of the operations and changes
of financial position for the periods then ended, subject to normal year end adjustments. All such
financial statements, including the related notes thereto, have been prepared in accordance with
GAAP.

     (n) No Material Adverse Change. Since the later to occur of (i) April 3, 2004
or (ii) the date of the most recently delivered audited financial statements of Jones Apparel Group
and its Subsidiaries, there has been no Material Adverse Effect.

     (o) Liens. None of the properties and assets of the Credit Parties or any
Subsidiary thereof is subject to any Lien, except Liens permitted pursuant to Section 11.3.

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     (p) Debt and Guaranty Obligations. Schedule 7.1(p) is a complete and correct
listing of all Debt and Guaranty Obligations of the Credit Parties and their Subsidiaries as of the
Closing Date in excess of $5,000,000.

     (q) Litigation. Except for matters existing on the Closing Date and set forth
on Schedule 7.1(q), there are no actions, suits or proceedings pending nor, to the knowledge of the
Credit Parties, threatened against or affecting the Credit Parties or any Subsidiary thereof or any
of their respective properties in any court or before any arbitrator of any kind or before or by
any Governmental Authority, which could reasonably be expected to have a Material Adverse Effect or
which relate to the enforceability of any Loan Documents.

     (r) Absence of Defaults. To the knowledge of the Credit Parties, no event has
occurred and is continuing which constitutes a Default or an Event of Default.

     (s) Accuracy and Completeness of Information. The Credit Parties have
disclosed to the Lenders all agreements, instruments and corporate or other restrictions to which
they or any of their Subsidiaries are subject, and all other matters known to them, that,
individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
The written information, taken as a whole, furnished by or on behalf of the Credit Parties to the
Administrative Agent or any Lender in connection with the negotiation of this Agreement or
delivered hereunder (as modified or supplemented by other information so furnished) does not
contain any material misstatement of fact or omit to state any material fact necessary to make the
statements therein, in the light of the circumstances under which they were made, not misleading;
provided that, with respect to projected financial information, the Credit Parties represent only
that such information was prepared in good faith based upon assumptions believed to be reasonable
at the time.

SECTION 7.2. Survival of Representations and Warranties, Etc. All representations and
warranties set forth in this Article VII and all representations and warranties contained in any
certificate delivered in connection with this Agreement, or any of the Loan Documents (including
but not limited to any such representation or warranty made in or in connection with any amendment
thereto) shall constitute representations and warranties made under this Agreement. All
representations and warranties made under this Agreement shall be made or deemed to be made at and
as of the Closing Date, shall survive the Closing Date and shall not be waived by the execution and
delivery of this Agreement, any investigation made by or on behalf of the Lenders or any borrowing
hereunder.

ARTICLE VIII FINANCIAL INFORMATION AND NOTICES

     Until all the Obligations (other than Obligations under Hedging Agreements) have been
paid and satisfied in full and the Revolving Credit Commitment and L/C Commitment have terminated,
unless consent has been obtained in the manner set forth in Section 14.11 hereof, the Credit
Parties will furnish or cause to be furnished to the Administrative Agent (which the Administrative
Agent will promptly furnish to the Lenders at their respective addresses as set forth on Schedule
1.1(a), or such other office as may be designated to the Administrative Agent from time to time):

SECTION 8.1. Financial Statements and Projections. (a) Quarterly Financial
Statements. As soon as practicable and in any event within forty-five (45) days after the end
of the first three fiscal quarters of each Fiscal Year, an unaudited Consolidated balance sheet of
Jones Apparel

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Group and its Subsidiaries as of the close of such fiscal quarter and unaudited Consolidated
statements of income, stockholders’ equity and cash flows for the fiscal quarter then ended and
that portion of the Fiscal Year then ended, including the notes
thereto, all in reasonable detail setting forth in comparative form the corresponding figures for
the corresponding period or periods of (or, in the case of the balance sheet, as of the end of) the
preceding Fiscal Year and prepared by Jones Apparel Group in accordance with GAAP and, if
applicable, containing disclosure of the effect on the financial position or results of operations
of any change in the application of accounting principles and practices during the period, and
certified by a Responsible Officer to present fairly in all material respects the financial
condition of Jones Apparel Group and its Subsidiaries as of their respective dates and the results
of operations of Jones Apparel Group and its Subsidiaries for the respective periods then ended,
subject to normal year end adjustments.

     (b) Annual Financial Statements. As soon as practicable and in any event
within ninety (90) days after the end of each Fiscal Year, an audited Consolidated balance sheet of
Jones Apparel Group and its Subsidiaries as of the close of such Fiscal Year and audited
Consolidated statements of income, stockholders’ equity and cash flows for the Fiscal Year then
ended, including the notes thereto, all in reasonable detail setting forth in comparative form the
corresponding figures for the preceding Fiscal Year and prepared by a nationally recognized
independent certified public accounting firm in accordance with GAAP and, if applicable, containing
disclosure of the effect on the financial position or results of operation of any change in the
application of accounting principles and practices during the year, and accompanied by a report
thereon by such certified public accountants that is not qualified with respect to scope
limitations imposed by Jones Apparel Group or any of its Subsidiaries or with respect to accounting
principles followed by Jones Apparel Group or any of its Subsidiaries not in accordance with GAAP.

SECTION 8.2. Officer’s Compliance Certificate. At each time financial statements are
delivered pursuant to Section 8.1(a) or (b) a certificate of a Responsible Officer in the form of
Exhibit F attached hereto (an “Officer’s Compliance Certificate”).

SECTION 8.3. Accountants’ Certificate. At each time financial statements are delivered
pursuant to Section 8.1(b), a certificate of the independent public accountants certifying such
financial statements addressed to the Administrative Agent for the benefit of the Lenders:

     (a) stating that in making the examination necessary for the certification of such
financial statements, they obtained no knowledge of any Default or Event of Default or, if such is
not the case, specifying such Default or Event of Default and its nature and period of existence;
and

     (b) including the calculations prepared by such accountants required to establish
whether or not the Credit Parties and their Subsidiaries are in compliance with the financial
covenants set forth in Article X hereof as at the end of each respective period.

SECTION 8.4. Other Reports. (a) Promptly but in any event within ten (10) Business Days
after the filing thereof, a copy of (i) each report or other filing made by the Credit
Parties or any or their Subsidiaries with the Securities and Exchange Commission and required by
the Securities and Exchange Commission to be delivered to the shareholders of the Credit Parties or
any or their Subsidiaries, (ii) each report made by the Credit Parties or any of their Subsidiaries
to the Securities and Exchange Commission on Form 8-K and (iii) each final registration statement
of

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the Credit Parties or any of their Subsidiaries filed with the Securities and Exchange Commission,
except in connection with pension plans and other employee benefit plans; and

     (b) Such other information regarding the operations, business affairs and financial
condition of the Credit Parties or any of their Subsidiaries as the Administrative Agent or any
Lender may reasonably request.

SECTION 8.5. Notice of Litigation and Other Matters. Prompt (but in no event later than
ten (10) Business Days after a principal officer of the Credit Parties obtains knowledge thereof)
telephonic (confirmed in writing) or written notice of:

     (a) the commencement of all proceedings and investigations by or before any
Governmental Authority and all actions and proceedings in any court or before any arbitrator
against or involving the Credit Parties or any Subsidiary thereof or any of their respective
properties, assets or businesses which in the reasonable judgment of the Credit Parties could
reasonably be expected to have a Material Adverse Effect;

     (b) any notice of any violation received by the Credit Parties or any Subsidiary
thereof from any Governmental Authority including, without limitation, any notice of violation of
Environmental Laws, which in the reasonable judgment of the Credit Parties in any such case could
reasonably be expected to have a Material Adverse Effect;

     (c) any Default or Event of Default; and

     (d) (i) any unfavorable determination letter from the Internal Revenue Service
regarding the qualification of an Employee Benefit Plan under Section 401(a) of the Code (along
with a copy thereof) which could reasonably be expected to have a Material Adverse Effect, (ii) all
notices received by the Credit Parties or any ERISA Affiliate of the PBGC’s intent to terminate any
Pension Plan or to have a trustee appointed to administer any Pension Plan, (iii) all notices
received by the Credit Parties or any ERISA Affiliate from a Multiemployer Plan sponsor concerning
the imposition or amount of withdrawal liability pursuant to Section 4202 of ERISA which could
reasonably have a Material Adverse Effect and (iv) the Credit Parties obtaining knowledge or reason
to know that the Credit Parties or any ERISA Affiliate has filed or intends to file a notice of
intent to terminate any Pension Plan under a distress termination within the meaning of Section
4041(c) of ERISA.

SECTION 8.6. Accuracy of Information. All written information, reports, statements and
other papers and data furnished by or on behalf of the Credit Parties to the Administrative Agent
or any Lender (other than financial forecasts) whether pursuant to this Article VIII or any other
provision of this Agreement, shall be, at the time the same is so furnished, true and complete in
all material respects.

ARTICLE IX AFFIRMATIVE COVENANTS

     Until all of the Obligations (other than any Obligations under any Hedging Agreement)
have been paid and satisfied in full and the Revolving Credit Commitment and L/C Commitment have
terminated, unless consent has been obtained in the manner provided for in Section 14.11, the
Credit Parties will, and will cause each of their Subsidiaries to:

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SECTION 9.1. Preservation of Corporate Existence and Related Matters. Except as permitted
by Section 11.5, preserve and maintain its separate corporate existence and all rights, franchises,
licenses and privileges necessary to the conduct of its business, and qualify and remain qualified
as a foreign corporation and authorized to do business in each jurisdiction where the nature and
scope of its activities require it to so qualify under Applicable Law in which the failure to so
qualify would have a Material Adverse Effect.

SECTION 9.2. Maintenance of Property. Protect and preserve all properties useful in and
material to its business, including copyrights, patents, trade names and trademarks; maintain in
good working order and condition all buildings, equipment and other tangible real and personal
property material to the conduct of its business, ordinary wear and tear excepted; and from time to
time make or cause to be made all renewals, replacements and additions to such property necessary
for the conduct of its business, so that the business carried on in connection therewith may be
properly and advantageously conducted at all times.

SECTION 9.3. Insurance. Maintain insurance with financially sound and reputable insurance
companies against such risks and in such amounts as are customarily maintained by similar
businesses and as may be required by Applicable Law including, without limitation, hazard and
business interruption coverage.

SECTION 9.4. Accounting Methods and Financial Records. Maintain a system of accounting, and
keep such books, records and accounts (which shall be true and complete in all material respects)
as may be required or as may be necessary to permit the preparation of financial statements in
accordance with GAAP and in compliance with the
regulations of any Governmental Authority having jurisdiction over it or any of its properties.

SECTION 9.5. Payment and Performance of Obligations. Pay and perform all Obligations under
this Agreement and the other Loan Documents, and pay (a) all material taxes, assessments and other
governmental charges that may be levied or assessed upon it or any of its property, and (b) subject
to the thresholds and other limitations set forth in Section 12.1(f) or Section 12.1(g), all other
material indebtedness, obligations and liabilities in accordance with customary trade practices;
provided, that the Credit Parties or such Subsidiary may contest any item described in clause (a)
or (b) of this Section 9.5 in good faith so long as adequate reserves are maintained with respect
thereto to the extent required by GAAP. It is expected that all payments in respect of the
Obligations, the Existing Debt Securities and the Additional Debt Securities will be made by the
Borrower.

SECTION 9.6. Compliance With Laws and Approvals. Observe and remain in compliance with all
Applicable Laws and maintain in full force and effect all Governmental Approvals, in each case
applicable to the conduct of its business except where the failure to observe or comply could not
reasonably be expected to have a Material Adverse Effect.

SECTION 9.7. Environmental Laws. In addition to and without limiting the generality of
Section 9.6, (a) comply with, and use best efforts to ensure such compliance by all tenants and
subtenants, with all applicable Environmental Laws and obtain and comply with and maintain, and use
its best efforts to ensure that all tenants and subtenants obtain and comply with and maintain, any
and all licenses, approvals, notifications, registrations or permits required by applicable
Environmental Laws except where the failure to comply could not reasonably have a Material Adverse
Effect, (b) conduct and complete all investigations, studies, sampling and testing, and all
remedial, removal and other actions required under Environmental Laws, and promptly comply with all
lawful orders and directives of any Governmental Authority regarding

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Environmental Laws except (i) where the failure to do so could not reasonably be expected to have a
Material Adverse Effect or (ii) to the extent the Credit Parties or any of their Subsidiaries are
contesting, in good faith, any such requirement, order or directive before the appropriate
Governmental Authority so long as adequate reserves are maintained with respect thereto to the
extent required by GAAP, and (c) defend, indemnify and hold harmless the Administrative Agent and
the Lenders, and their respective parents, Subsidiaries, Affiliates, employees, agents, officers
and directors, from and against any claims, demands, penalties, fines, liabilities, settlements,
damages, costs and expenses of whatever kind or nature known or unknown, contingent or otherwise,
arising out of, or in any way relating to the violation of, noncompliance with
or liability under any Environmental Laws applicable to the operations of the Credit Parties or
such Subsidiaries, or any orders, requirements or demands of Governmental Authorities related
thereto, including, without limitation, reasonable attorney’s and consultant’s fees, investigation
and laboratory fees, response costs, court costs and litigation expenses, except to the extent that
any of the foregoing directly result from the gross negligence or willful misconduct of the party
seeking indemnification therefor.

SECTION 9.8. Compliance with ERISA. In addition to and without limiting the generality of
Section 9.6, (a) comply with all applicable provisions of ERISA and the Code and the regulations
and published interpretations thereunder with respect to all Employee Benefit Plans, except where
the failure to comply could not reasonably be expected to have a Material Adverse Effect, (b) not
take any action or fail to take action the result of which would result in a liability to the PBGC
or to a Multiemployer Plan in an amount that could reasonably be expected to have a Material
Adverse Effect, and (c) furnish to the Administrative Agent upon the Administrative Agent’s request
such additional information about any Employee Benefit Plan concerning compliance with this
covenant as may be reasonably requested by the Administrative Agent.

SECTION 9.9. Conduct of Business. Engage only in businesses in substantially the same
fields as the businesses conducted on the Closing Date (including, without limitation, the apparel,
footwear, handbags, accessories, jewelry, denim and cosmetics or other women’s accoutrements
industries generally) and in lines of business reasonably related thereto (collectively,
“Permitted Lines of Business”), or as otherwise permitted pursuant to the terms of this
Agreement.

SECTION 9.10. Visits and Inspections. Permit representatives of the Administrative Agent or
any Lender, from time to time upon reasonable prior notice to visit and inspect its properties;
inspect and make extracts from its books, records and files, including, but not limited to,
management letters prepared by independent accountants; and discuss with its principal officers,
and its independent accountants, its business, assets, liabilities, financial condition, results of
operations and business prospects.

SECTION 9.11. Use of Proceeds. The Credit Parties shall use the proceeds of the Loans and
the Letters of Credit to (a) refinance certain existing Debt, (b) for working capital and general
corporate purposes of the Credit Parties and their Subsidiaries, including acquisitions and stock
repurchases, and (c) the payment of certain fees and expenses incurred in connection with the
transactions contemplated hereby or thereby.

ARTICLE X FINANCIAL COVENANTS

     Until all of the Obligations (other than any Obligations under any Hedging Agreement)
have been paid and satisfied in full and the Revolving Credit Commitment and L/C Commitment have
terminated, unless consent has been obtained in the manner set forth in Section 14.11 hereof, the
Credit Parties and their Subsidiaries on a Consolidated basis will not:

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SECTION 10.1. Interest Coverage Ratio. As of the end of any fiscal quarter, permit the
ratio (the “Interest Coverage Ratio”) of (a) EBITDAR for the period of four (4) consecutive
fiscal quarters ending on or immediately prior to such date to (b) the sum of (i) Interest Expense
paid or payable in cash and (ii) Rental Expense, both for the period of four (4) consecutive fiscal
quarters ending on or immediately prior to such date, to be less than 2.75 to 1.0.

SECTION 10.2. Minimum Net Worth. As of the end of any fiscal quarter, permit Consolidated
Net Worth to be less than $1,750,000,000.

ARTICLE XI NEGATIVE COVENANTS

     Until all of the Obligations (other than any Obligations under any Hedging Agreement)
have been paid and satisfied in full and the Revolving Credit Commitment has expired or been
terminated, unless consent has been obtained in the manner set forth in Section 14.11 hereof, the
Credit Parties will not and will not permit any of their Subsidiaries to:

SECTION 11.1. Limitations on Debt and Guaranty Obligations. Create, incur, assume or suffer
to exist any Debt, including Guaranty Obligations, except:

     (a) the Obligations of the Credit Parties;

     (b) the Three-Year Credit Agreement Obligations;

     (c) Debt existing on the Closing Date (other than the Three-Year Credit Agreement
Obligations), including the Debt as set forth on Schedule 7.1(p);

     (d) Debt in the form of additional credit facilities of the Credit Parties or their
Subsidiaries for borrowings denominated in currencies other than Dollars; provided that the
equivalent Dollar Amount of the aggregate commitment thereunder does not exceed $50,000,000 on any
date of determination;

     (e) Debt of the Credit Parties and their Subsidiaries, not otherwise permitted under
this Section 11.1, incurred in connection with (i) Capitalized Leases, (ii) purchase money Debt,
(iii) Debt of a Subsidiary incurred and outstanding on or prior to the date on which such
Subsidiary was acquired by any Credit Party or otherwise became a Subsidiary of such Credit Party,
or Debt assumed by a Credit Party or a Subsidiary thereof in connection with an asset acquisition
which Debt was outstanding prior to the date of such asset acquisition (in each case, other than
Debt incurred as consideration in, or to provide all or any portion of the funds or credit support
utilized to consummate, the transaction or series of transactions pursuant to which such Subsidiary
became a Subsidiary of such
Credit Party or was otherwise acquired by such Credit Party or pursuant to which such assets were
acquired) and (iv) any other unsecured Debt of the Subsidiaries of the Credit Parties in an
aggregate outstanding amount (excluding any attributable Debt from the sale leaseback transaction
involving the Credit Parties’ distribution warehouse at South Hill, Virginia) not to exceed fifteen
percent (15%) of Consolidated Net Worth of the Credit Parties and their Subsidiaries on any date of
determination;

     (f) additional Debt of the Credit Parties, not otherwise permitted under this Section
11.1, arising under or in connection with public or privately placed notes, debentures, bonds, or
debt securities or related indentures or other agreements (the

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“Additional Debt Securities”) (including in connection with the issuance of exchange
securities in connection with any exchange offer registered under the Securities Act of 1933, as
amended, following a private placement of Additional Debt Securities) so long as no Default or
Event of Default exists on the date any such Additional Debt Security is created or arises as a
result of any borrowing thereunder;

     (g) other Debt of the Credit Parties, not otherwise permitted under this Section 11.1,
in an aggregate outstanding amount not to exceed $300,000,000 on any date of determination;

     (h) Debt of the Credit Parties to any Subsidiary or any other Credit Party and of any
Subsidiary to the Credit Parties or any other Subsidiary;

     (i) Debt incurred in respect of the extension, renewal, refinancing, replacement or
refunding (collectively, the “refinancing”) of Debt incurred pursuant to clause (a), (b),
(c) or (e); provided, that (i) such Debt is an aggregate principal amount (or if incurred with
original issue discount, an aggregate issue price) not in excess of the sum of (x) the aggregate
principal amount (or if incurred with original issue discount, the aggregate accreted value) then
outstanding of the Debt being refinanced and (y) an amount necessary to pay any fees and expenses,
including premiums and defeasance costs, related to such refinancing, (ii) the average life of such
Debt is equal to or greater than the average life of the Debt being refinanced, (iii) the stated
maturity of such Debt is no earlier than the stated maturity of the Debt being refinanced; and (iv)
the new Debt shall not be senior in right of payment to the Debt that is being refinanced;
provided, that none of the Debt permitted to be incurred by this Section shall expressly
restrict, limit or otherwise encumber (unless such restriction, limitation or other encumbrance is
a Permitted Encumbrance (as defined below)), the ability of any Subsidiary of the Credit Parties to
make any payment to the Credit Parties or any of their Subsidiaries (in the form of dividends,
intercompany advances or otherwise) for the purpose of enabling the Credit Parties to pay the
Obligations. For purposes of this Section 11.1, with regard to any Debt, a “Permitted
Encumbrance” shall mean any restriction, limitation or other encumbrance
that applies solely if a default or event of default (other than a default resulting solely from
the breach of a representation or warranty) occurs and is continuing under such Debt; provided
further that, with respect to any default or event of default (other than a payment default,
including as a result of acceleration, or a bankruptcy event with respect to the obligor of such
Debt), such encumbrance or restriction may not prohibit dividends to the Credit Parties or any
Subsidiary thereof to pay the Obligations for more than one hundred eighty (180) days in any
consecutive three hundred sixty (360) day period; and

     (j) Debt incurred in connection with the Permitted Investment Policy as in effect on
the date hereof.

SECTION 11.2. [Reserved].

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SECTION 11.3. Limitations on Liens. Create, incur, assume or suffer to exist, any Lien on
or with respect to any of its assets or properties (including without limitation shares of capital
stock or other ownership interests), real or personal, whether now owned or hereafter acquired,
except:

     (a) Liens for taxes, assessments and other governmental charges or levies (excluding
any Lien imposed pursuant to any of the provisions of ERISA or Environmental Laws) not yet due or
as to which the period of grace, if any, related thereto has not expired or which are being
contested in good faith and by appropriate proceedings if adequate reserves are maintained to the
extent required by GAAP;

     (b) the claims of materialmen, mechanics, carriers, warehousemen, processors or
landlords for labor, materials, supplies or rentals incurred in the ordinary course of business,
(i) which are not overdue for a period of more than thirty (30) days or (ii) which are being
contested in good faith and by appropriate proceedings;

     (c) Liens consisting of deposits or pledges made in the ordinary course of business in
connection with, or to secure payment of, obligations under workers’ compensation, unemployment
insurance or similar legislation or obligations under customer service contracts;

     (d) Liens constituting encumbrances in the nature of zoning restrictions, easements
and rights or restrictions of record on the use of real property, which do not, in any case,
materially detract from the value of such property or materially impair the use thereof in the
ordinary conduct of business;

     (e) Liens of the Administrative Agent for the benefit of the Administrative Agent and
the Lenders;

     (f) Liens incurred in the ordinary course of business securing Debt of the Credit
Parties permitted under Section 11.1 not to exceed $75,000,000 in the aggregate outstanding in
addition to Liens existing on the Closing Date;

     (g) Liens existing on any property or asset prior to the acquisition thereof by the
Credit Parties or any Subsidiary or existing on any property or asset of any Person that becomes a
Subsidiary or is merged with or into the Credit Parties or any Subsidiary after the date hereof
prior to the time such Person becomes a Subsidiary or is so merged;

     (h) Liens in existence on the Closing Date and described on Schedule 11.3;

     (i) Liens securing Debt incurred in connection with Capitalized Leases and purchase
money Debt permitted under Section 11.1(e); provided that (i) such Liens shall be created
substantially simultaneously with the acquisition of the related asset, (ii) such Liens do not at
any time encumber any property other than the property financed by such Debt, (iii) the amount of
Debt secured thereby is not increased and (iv) the principal amount of Debt secured by any such
Lien shall at no time exceed one hundred percent (100%) of the original purchase price of such
property at the time it was acquired;

     (j) Liens incurred to secure appeal bonds and judgment and attachment Liens in respect
of judgments or orders that do not constitute an Event of Default under Section 12.1(m);

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     (k) Liens arising solely by virtue of any statutory or common law provision relating to
banker’s liens, rights of setoff or similar rights and remedies, in each case as to deposit
accounts or other funds maintained with a creditor depository institution;

     (l) deposits to secure the performance of bids, trade contracts, leases, statutory
obligations, surety and appeal bonds, performance bonds and other obligations of a like nature, in
each case in the ordinary course of business;

     (m) Liens arising in the ordinary course of business that do not secure monetary obligations;

     (n) Liens arising by the terms of letters of credit entered into in the ordinary course of
business to secure reimbursement obligations thereunder;

     (o) Liens securing Debt or other obligations between the Credit Parties and a Subsidiary or
between Subsidiaries or Credit Parties;

     (p) Liens granted to any bank or other institution securing the payments to be made to such
bank or other institution by the Credit Parties or a Subsidiary of the Credit Parties pursuant to
any Hedging Agreement; provided that, such agreements are entered into in, or are incidental to,
the ordinary course of business;

     (q) The refinancing of any Lien referred to in clause (g), (h), (i) or (p) provided,
that the principal amount of Debt (or, if incurred with original issue discount, an aggregate issue
price) secured thereby and not otherwise authorized by clause (g), (h), (i) or (p) shall not exceed
the principal amount of Debt (or if incurred without original issue discount, the aggregate
accreted value) plus any fees and expenses, including premiums and defeasance costs, payable in
connection with any such extension, renewal, replacement or refunding, so secured at the time of
such extension, renewal, replacement or refunding; and

     (r) Liens incurred in connection with the Permitted Investment Policy as in effect on the date
hereof.

SECTION 11.4. Limitations on Loans, Advances, Investments and Acquisitions. Purchase, own,
invest in or otherwise acquire, directly or indirectly, any capital stock (other than capital stock
of the Credit Parties), interests in any partnership, limited liability company or joint venture
(including without limitation the creation or capitalization of any Subsidiary), evidence of Debt
or other obligation or security, substantially all or a portion of the business or assets of any
other Person or any other investment or interest whatsoever in any other Person, or make or permit
to exist, directly or indirectly, any loans, advances or extensions of credit to, or any investment
in cash or by delivery of property in, any Person, or enter into, directly or indirectly, any
commitment or option in respect of the foregoing (collectively, “Investments”) except:

          (a) Investments in Subsidiaries existing on the Closing Date and the other existing loans,
advances and Investments described on Schedule 11.4;

          (b) Investments made in accordance with the Permitted Investment Policy;

          (c) Investments by the Credit Parties or any Subsidiary in the form of acquisitions, including
acquisitions of all or substantially all of the business or a line of

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business (whether by the acquisition of capital stock, assets or any combination thereof) of any
other Person, so long as (i) a Responsible Officer certifies to the Administrative Agent and the
Required Lenders that no Default or Event of Default has occurred and is continuing or would result
from the closing of such acquisition, such certification to include, for any acquisition involving
a purchase price in excess of $50,000,000, either individually or in a series of related
transactions, a financial condition certificate to which is attached a pro forma balance sheet of
Jones Apparel Group and its Subsidiaries setting forth on a pro forma basis the financial condition
of Jones Apparel Group and its Subsidiaries on a Consolidated basis as of the most recently ended
Fiscal Year, reflecting on a pro forma basis the effect of the transactions contemplated by such
acquisition, including all fees and expenses in connection therewith, and evidencing compliance on
a pro forma basis with the covenants contained in Article X hereof, and (ii) such acquisition meets
either of the following requirements: (A) such acquisition is within a Permitted Line of Business,
or (B) such acquisition is outside a Permitted Line of Business but the price for such acquisition,
together with all other acquisitions outside the Permitted Lines of Business, does not exceed
$50,000,000 in the aggregate;

     (d) Investments (other than acquisitions) in the Permitted Lines of Business;

     (e) Investments (other than acquisitions) outside Permitted Lines of Business not in excess of
$50,000,000 in the aggregate;

     (f) loans and advances to third party contractors in the ordinary course of business and
consistent with past practice not to exceed in an aggregate outstanding amount $6,000,000
(excluding such loans and advances consisting of prepayments or advances for inventory or
services); and loans and advances to employees of the Credit Parties and their Subsidiaries in an
aggregate outstanding amount not to exceed $4,000,000; and

     (g) intercompany loans and advances among the Credit Parties and their Subsidiaries so long as
permitted under the terms of Sections 11.1 and 11.3.

SECTION 11.5. Limitations on Mergers and Liquidation. Merge, consolidate or enter into any
similar combination with any other Person or liquidate, wind-up or dissolve itself (or suffer any
liquidation or
dissolution) except so long as no Default or Event of Default has occurred and is
continuing, or would result therefrom:

     (a) any Credit Party may merge or consolidate with or into any Person; provided that (i) such
Credit Party shall be the survivor of such merger or consolidation or (ii) the survivor assumes and
succeeds to the Obligations of such Credit Party pursuant to an
assumption agreement in form reasonably satisfactory to the Administrative Agent and the Required
Lenders;

     (b) any Wholly-Owned Subsidiary of the Credit Parties may merge or consolidate with or into
any other Wholly-Owned Subsidiary of the Credit Parties;

     (c) any Wholly-Owned Subsidiary may merge or consolidate with or into the Person such
Wholly-Owned Subsidiary was formed to acquire in connection with an acquisition permitted by
Section 11.4(b), (c) or (d);

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     (d) any Wholly-Owned Subsidiary of the Credit Parties may merge or consolidate with or into
any Credit Party; provided that, such Credit Party is the survivor of such merger or consolidation;
and

     (e) any Credit Party may merge or consolidate with or into any other Credit Party.

SECTION 11.6. Limitations on Sale or Transfer of Assets. Convey, sell, lease, assign,
transfer or otherwise dispose of any of its property, business or assets, whether now owned or
hereafter acquired (collectively, “sale”), except for the following:

     (a) the sale of inventory or the factoring of accounts receivable in the ordinary course of
business;

     (b) the sale of obsolete assets no longer used or usable in the business of the Credit Parties
or any of their Subsidiaries;

     (c) the sale or discount without recourse of accounts receivable arising in the ordinary
course of business in connection with the compromise or collection thereof;

     (d) the sale of assets between the Credit Parties and any Subsidiary or between Subsidiaries
or Credit Parties;

     (e) the sale of any other assets of the Credit Parties and their Subsidiaries outside the
ordinary course of business so long as the total fair market value for all such sales on and after
the Closing Date on an aggregate basis does not at any time exceed thirty-three percent (33%) of
Consolidated Net Worth; and

     (f) the sale of assets purchased in accordance with the Permitted Investment Policy as in
effect on the date hereof.

SECTION 11.7. Limitations on Dividends and Distributions. Declare or pay any dividends upon
any of its capital stock; purchase, redeem, retire or otherwise acquire,
directly or indirectly, any shares of its capital stock, or make any distribution of cash, property
or assets among the holders of shares of its capital stock, or make any change in its capital
structure that could reasonably be expected to have a Material Adverse Effect; provided that: (a)
the Credit Parties may pay dividends solely in shares of their own capital stock or other ownership
interest (including dividends consisting of rights to purchase such capital stock or other
ownership interest), (b) any Subsidiary may pay dividends or make distributions to the Credit
Parties or any Wholly-Owned Subsidiary of the Credit Parties, (c) any Credit Party may pay
dividends or make distributions to any other Credit Party and (d) as long as no Default or Event of
Default has occurred and is continuing or would be created thereby (i) the Credit Parties may
declare and pay dividends on shares of their capital stock or other ownership interests, (ii) the
Credit Parties or any Subsidiary may redeem shares of their capital stock or other ownership
interest pursuant to a plan approved by the Board of Directors of the Credit Parties or such
Subsidiary, as applicable and (iii) the Credit Parties or any Subsidiary may take any action
otherwise prohibited by this Section 11.7.

SECTION 11.8. Transactions with Affiliates. Directly or indirectly enter into, or be a
party to, any transaction with any of its Affiliates, except (i) on terms that are no less
favorable to it than it would obtain in a comparable arm’s length transaction with a Person not its
Affiliate, (ii) without limiting any other provision of this Agreement, in connection with any
acquisition otherwise

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permitted pursuant to the terms of this Agreement or (iii) for transactions between Credit Parties
or between Credit Parties and Subsidiaries of Credit Parties.

SECTION 11.9. Changes in Fiscal Year End. Change its Fiscal Year.

SECTION 11.10. Amendments; Payments and Prepayments of Material Debt and Subordinated Debt.
Upon the occurrence and continuation of a Default or an Event of Default, amend or modify (or
permit the modification or amendment of) in any manner materially adverse to the Lenders any of the
terms or provisions of any Debt in excess of $25,000,000, including without limitation the
Additional Debt Securities, if any, or any Subordinated Debt, or cancel or forgive, make any
voluntary or optional payment or prepayment on, or redeem or acquire for value (including, without
limitation, by way of depositing with any trustee with respect thereto money or securities before
due for the purpose of paying when due) any Subordinated Debt.

ARTICLE XII DEFAULT AND REMEDIES

SECTION 12.1. Events of Default. Each of the following shall constitute an Event of
Default, whatever the reason for such event and whether it shall be voluntary or
involuntary or be effected by operation of law or pursuant to any judgment or order of any court or
any order, rule or regulation of any Governmental Authority or otherwise:

     (a) Default in Payment of Principal of Loans and Reimbursement Obligations. The
Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and
as due (whether at maturity, by reason of acceleration or otherwise).

     (b) Other Payment Default. The Borrower shall default in the payment when and as due
(whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or
Reimbursement Obligation or the payment of any other Obligation (other than any Obligation under
any Hedging Agreement), and such default shall continue unremedied for three (3) Business Days.

     (c) Misrepresentation. Any representation or warranty made or deemed to be made by the
Credit Parties or any of their Subsidiaries, if applicable, under this Agreement, any Loan Document
or any amendment hereto or thereto, shall at any time prove to have been incorrect or misleading in
any material respect when made or deemed made.

     (d) Default in Performance of Certain Covenants. Any of the Credit Parties shall
default in the performance or observance of any covenant or agreement contained in Article X or XI
of this Agreement.

     (e) Default in Performance of Other Covenants and Conditions. Any of the Credit
Parties or any Subsidiary thereof, if applicable, shall default in the performance or observance of
any term, covenant, condition or agreement contained in this Agreement (other than as specifically
provided for otherwise in this Section 12.1) or any other Loan Document and such default shall
continue for a period of thirty (30) days after written notice thereof has been given to the
Borrower by the Administrative Agent.

     (f) Hedging Agreement. Any termination payments in an amount greater than $35,000,000
shall be due by any Credit Party under any Hedging Agreement and such amount is not paid within
thirty (30) Business Days of the due date thereof.

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     (g) Debt Cross-Default. Any of the Credit Parties or any of their Subsidiaries shall
(i) default in the payment of principal or interest on any Debt (other than the Loans or any
Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of
$35,000,000, including, without limitation, the obligations under the Three-Year Credit Agreement,
beyond the period of grace if any, provided in the instrument or agreement under which such Debt
was created, or (ii) default in the observance or performance of any other agreement or condition
relating to any Debt (other than the Loans or any Reimbursement Obligation), including, without
limitation, the obligations under the Three-Year Credit Agreement and any other documents executed
in connection
therewith, the aggregate outstanding amount of which Debt is in excess of $35,000,000 or contained
in any instrument or agreement evidencing, securing or relating thereto or any other event shall
occur or condition exist, the effect of which default or other event or condition is to cause, or
to permit the holder or holders of such Debt (or a trustee or agent on behalf of such holder or
holders) to cause, with the giving of notice if required, any such Debt to become due prior to its
stated maturity (any applicable grace period having expired).

     (h) Change in Control. Any person or group of persons (within the meaning of Section
13(d) of the Securities Exchange Act of 1934, as amended) shall obtain ownership or control in one
or more series of transactions of more than thirty-three and one-third percent (33.33%) of the
common stock or thirty-three and one-third percent (33.33%) of the voting power of any Credit Party
entitled to vote in the election of members of the Board of Directors of such Credit Party or there
shall have occurred under any indenture or other instrument evidencing any debt in excess of
$35,000,000 any “change in control” (as defined in such indenture or other evidence of
debt) obligating the Borrower to repurchase, redeem or repay all or any part of the debt or capital
stock provided for therein (any such event, a “Change in Control”). Further, except as set
forth in Section 11.5, Jones Apparel Group shall at all times own 100% of the capital stock of
Jones Apparel Group Holdings and Jones Apparel Group Holdings shall at all times own 100% of the
capital stock of the Borrower.

     (i) Voluntary Bankruptcy Proceeding. Any Credit Party or any Subsidiary thereof shall
(i) commence a voluntary case under the federal bankruptcy laws (as now or hereafter in effect),
(ii) file a petition seeking to take advantage of any other laws, domestic or foreign, relating to
bankruptcy, insolvency, reorganization, winding up or composition for adjustment of debts, (iii)
consent to or fail to contest in a timely and appropriate manner any petition filed against it in
an involuntary case under such bankruptcy laws or other laws, (iv) apply for or consent to, or fail
to contest in a timely and appropriate manner, the appointment of, or the taking of possession by,
a receiver, custodian, trustee, or liquidator of itself or of a substantial part of its property,
domestic or foreign, (v) admit in writing its inability to pay its debts as they become due, (vi)
make a general assignment for the benefit of creditors, or (vii) take any corporate action for the
purpose of authorizing any of the foregoing.

     (j) Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced
against any Credit Party or any Subsidiary thereof in any court of competent jurisdiction seeking
(i) relief under the federal bankruptcy laws (as now or hereafter in effect) or under any other
laws, domestic or foreign, relating to bankruptcy, insolvency, reorganization, winding up or
adjustment of debts, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the
like for any Credit Party or any Subsidiary thereof or for all or any substantial part of their
respective assets, domestic or foreign, and such case

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or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days,
or an order granting the relief requested in such case or proceeding (including, but not limited
to, an order for relief under such federal bankruptcy laws) shall be entered.

     (k) [Reserved]

     (l) Termination Event. The occurrence of any of the following events: (i) the Borrower
or any ERISA Affiliate fails to make full payment to an Employee Benefit Plan when due (after
giving effect to any applicable grace period) of contributions in excess of $2,000,000, (ii) an
accumulated funding deficiency in excess of $2,000,000 occurs or exists, whether or not waived,
with respect to any Pension Plan or (iii) a Termination Event that could reasonably be expected to
result in liability in excess of $5,000,000 to the Borrower or any ERISA Affiliate.

     (m) Judgment. A judgment or order for the payment of money which causes the aggregate
amount of all such judgments to exceed $35,000,000 in any Fiscal Year shall be entered against any
Credit Party or any Subsidiary thereof by any court and such judgment or order shall continue
without discharge or stay for a period of thirty (30) days.

SECTION 12.2. Remedies. Upon the occurrence of an Event of Default, with the consent of the
Required Lenders, the Administrative Agent may, or upon the request of the Required Lenders, the
Administrative Agent shall, by notice to the Credit Parties:

     (a) Acceleration; Termination of Facilities. Declare the principal of and interest on
the Loans, the Reimbursement Obligations at the time outstanding, and all other amounts owed to the
Lenders and to the Administrative Agent under this Agreement or any of the other Loan Documents
(other than any Hedging Agreement) (including, without limitation, all L/C Obligations, whether or
not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents
required thereunder) and all other Obligations (other than Obligations owing under any Hedging
Agreement), to be forthwith due and payable, whereupon the same shall immediately become due and
payable without presentment, demand, protest or other notice of any kind, all of which are
expressly waived, anything in this Agreement or the other Loan Documents to the contrary
notwithstanding, and terminate the Credit Facility and any right of the Borrower to request
borrowings or Letters of Credit thereunder; provided, that upon the occurrence of an Event of
Default specified in Section 12.1(i) or (j) with respect to the Credit Parties, the Credit Facility
shall be automatically terminated and all Obligations (other than obligations owing under any
Hedging Agreement) shall automatically become due and payable.

     (b) Letters of Credit. With respect to all Letters of Credit with respect to which
presentment for honor shall not have occurred at the time of an acceleration pursuant to the
preceding paragraph, require the Borrower at such time to deposit or cause to be deposited in a
cash collateral account opened by the Administrative Agent an amount
equal to the Dollar Amount of the aggregate then undrawn and unexpired amount of such Letters of
Credit. Amounts held in such cash collateral account shall be applied by the Administrative Agent
to the payment of drafts drawn under such Letters of Credit, and the unused portion thereof after
all such Letters of Credit shall have expired or been fully drawn upon, if any, shall be applied to
repay the other Obligations. After all such Letters

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of Credit shall have expired or been fully drawn upon, the Reimbursement Obligation shall have been
satisfied and all other Obligations shall have been paid in full, the balance, if any, in such cash
collateral account shall be promptly returned to the Borrower.

     (c) Rights of Collection. Exercise on behalf of the Lenders all of its other rights
and remedies under this Agreement, the other Loan Documents and Applicable Law, in order to satisfy
all of the Obligations.

SECTION 12.3. Rights and Remedies Cumulative; Non-Waiver; Etc. The enumeration of the
rights and remedies of the Administrative Agent and the Lenders set forth in this Agreement is not
intended to be exhaustive and the exercise by the Administrative Agent and the Lenders of any right
or remedy shall not preclude the exercise of any other rights or remedies, all of which shall be
cumulative, and shall be in addition to any other right or remedy given hereunder or under the Loan
Documents or that may now or hereafter exist in law or in equity or by suit or otherwise. No delay
or failure to take action on the part of the Administrative Agent or any Lender in exercising any
right, power or privilege shall operate as a waiver thereof, nor shall any single or partial
exercise of any such right, power or privilege preclude other or further exercise thereof or the
exercise of any other right, power or privilege or shall be construed to be a waiver of any Event
of Default. No course of dealing between the Credit Parties, the Administrative Agent and the
Lenders or their respective agents or employees shall be effective to change, modify or discharge
any provision of this Agreement or any of the other Loan Documents or to constitute a waiver of any
Event of Default.

ARTICLE XIII THE ADMINISTRATIVE AGENT

SECTION 13.1. Appointment. Each of the Lenders hereby irrevocably designates and appoints
Wachovia as Administrative Agent of such Lender under this Agreement and the other Loan Documents
for the term hereof and each such Lender irrevocably authorizes Wachovia as Administrative Agent
for such Lender, to take such action on its behalf under the provisions of this Agreement and the
other Loan Documents and to exercise such powers and perform such duties as are expressly delegated
to the Administrative Agent by the terms of this Agreement and such other Loan Documents, together
with such other powers as are reasonably incidental thereto. Notwithstanding any provision to the
contrary elsewhere in this Agreement or such other Loan
Documents, the Administrative Agent shall not have any duties or responsibilities, except those
expressly set forth herein and therein, or any fiduciary relationship with any Lender, and no
implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read
into this Agreement or the other Loan Documents or otherwise exist against the Administrative
Agent. Any reference to the Administrative Agent in this Article XIII shall be deemed to refer to
the Administrative Agent solely in its capacity as Administrative Agent and not in its capacity as
a Lender.

SECTION 13.2. Delegation of Duties. The Administrative Agent may execute any of its
respective duties under this Agreement and the other Loan Documents by or through agents or
attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to
such duties. The Administrative Agent shall not be responsible for the negligence or misconduct of
any agents or attorneys-in-fact selected by the Administrative Agent with reasonable care.

SECTION 13.3. Exculpatory Provisions. Neither the Administrative Agent nor any of its
officers, directors, employees, agents, attorneys-in-fact, Subsidiaries or Affiliates shall be (a)
liable for any action lawfully taken or omitted to be taken by it or such Person under or in

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connection with this Agreement or the other Loan Documents (except for actions occasioned solely by
its or such Person’s own gross negligence or willful misconduct), or (b) responsible in any manner
to any of the Lenders for any recitals, statements, representations or warranties made by the
Borrower or any of its Subsidiaries or any officer thereof contained in this Agreement or the other
Loan Documents or in any certificate, report, statement or other document referred to or provided
for in, or received by the Administrative Agent under or in connection with, this Agreement or the
other Loan Documents or for the value, validity, effectiveness, genuineness, enforceability or
sufficiency of this Agreement or the other Loan Documents or for any failure of the Borrower or any
of its Subsidiaries to perform its obligations hereunder or thereunder. The Administrative Agent
shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or
performance of any of the agreements contained in, or conditions of, this Agreement, or to inspect
the properties, books or records of the Borrower or any of its Subsidiaries.

SECTION 13.4. Reliance by the Administrative Agent. The Administrative Agent shall be
entitled to rely, and shall be fully protected in relying, upon any note, writing, resolution,
notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy, telex or teletype
message, statement, order or other document or conversation believed by it to be genuine and
correct and to have been signed, sent or made by the proper Person or Persons and upon advice and
statements of legal counsel (including, without limitation, counsel to the Borrower), independent
accountants and other experts selected
by the Administrative Agent. The Administrative Agent may deem and treat the holder of any
Revolving Credit Loan as the owner thereof for all purposes unless such Revolving Credit Loan shall
have been transferred in accordance with Section 14.10 hereof. The Administrative Agent shall be
fully justified in failing or refusing to take any action under this Agreement and the other Loan
Documents unless it shall first receive such advice or concurrence of the Required Lenders (or,
when expressly required hereby or by the relevant other Loan Document, the Required Agreement
Lenders or all the Lenders) as it deems appropriate or it shall first be indemnified to its
satisfaction by the Lenders against any and all liability and expense which may be incurred by it
by reason of taking or continuing to take any such action except for its own gross negligence or
willful misconduct. The Administrative Agent shall in all cases be fully protected in acting, or in
refraining from acting, under this Agreement and the other Loan Documents in accordance with a
request of the Required Lenders (or, when expressly required hereby, the Required Agreement Lenders
or all the Lenders), and such request and any action taken or failure to act pursuant thereto shall
be binding upon all the Lenders and all future holders of the Loans.

SECTION 13.5. Notice of Default. The Administrative Agent shall not be deemed to have
knowledge or notice of the occurrence of any Default or Event of Default hereunder unless it has
received notice from a Lender or the Borrower referring to this Agreement, describing such Default
or Event of Default and stating that such notice is a “notice of default”. In the event
that the Administrative Agent receives such a notice, it shall promptly give notice thereof to the
Lenders. The Administrative Agent shall take such action with respect to such Default or Event of
Default as shall be reasonably directed by the Required Lenders; provided that unless and until the
Administrative Agent shall have received such directions, the Administrative Agent may (but shall
not be obligated to) take such action, or refrain from taking such action, with respect to such
Default or Event of Default as it shall deem advisable in the best interests of the Lenders, except
to the extent that other provisions of this Agreement expressly require that any such action be
taken or not be taken only with the consent and authorization or the request of the Lenders, the
Required Agreement Lenders or Required Lenders, as applicable.

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SECTION 13.6. Non-Reliance on the Administrative Agent and Other Lenders. Each Lender
expressly acknowledges that neither the Administrative Agent nor any of its respective officers,
directors, employees, agents, attorneys-in-fact, Subsidiaries or Affiliates has made any
representations or warranties to it and that no act by the Administrative Agent hereinafter taken,
including any review of the affairs of the Borrower or any of its Subsidiaries, shall be deemed to
constitute any representation or warranty by the Administrative Agent to any Lender. Each Lender
represents to the Administrative Agent that it has, independently and without reliance upon the
Administrative Agent or any other Lender, and based on such documents and information as it has
deemed appropriate, made its own appraisal of and investigation into the
business, operations, property, financial and other condition and creditworthiness of the Borrower
and its Subsidiaries and made its own decision to make its Loans and issue or participate in
Letters of Credit hereunder and enter into this Agreement. Each Lender also represents that it
will, independently and without reliance upon the Administrative Agent or any other Lender, and
based on such documents and information as it shall deem appropriate at the time, continue to make
its own credit analysis, appraisals and decisions in taking or not taking action under this
Agreement and the other Loan Documents, and to make such investigation as it deems necessary to
inform itself as to the business, operations, property, financial and other condition and
creditworthiness of the Borrower and its Subsidiaries. Except for notices, reports and other
documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder
or by the other Loan Documents, the Administrative Agent shall not have any duty or responsibility
to provide any Lender with any credit or other information concerning the business, operations,
property, financial and other condition or creditworthiness of the Borrower or any of its
Subsidiaries which may come into the possession of the Administrative Agent or any of its
respective officers, directors, employees, agents, attorneys-in-fact, Subsidiaries or Affiliates.

SECTION 13.7. Indemnification. The Lenders agree to indemnify the Administrative Agent in
its capacity as such and (to the extent not reimbursed by the Borrower and without limiting the
obligation of the Borrower to do so), ratably according to the respective amounts of their
Revolving Credit Commitment Percentage from and against any and all liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind
whatsoever which may at any time (including, without limitation, at any time following the payment
of the Loans or any Reimbursement Obligation) be imposed on, incurred by or asserted against the
Administrative Agent in any way relating to or arising out of this Agreement or the other Loan
Documents, or any documents contemplated by or referred to herein or therein or the transactions
contemplated hereby or thereby or any action taken or omitted by the Administrative Agent under or
in connection with any of the foregoing; provided that no Lender shall be liable for the payment of
any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements to the extent they result from the Administrative Agent’s
bad faith, gross negligence or willful misconduct. The agreements in this Section 13.7 shall
survive the payment of the Loans, any Reimbursement Obligation and all other amounts payable
hereunder and the termination of this Agreement.

SECTION 13.8. The Administrative Agent in Its Individual Capacity. The Administrative
Agent and its respective Subsidiaries and Affiliates may make loans to, accept deposits from and
generally engage in any kind of business with the Borrower as though the Administrative Agent were
not an Administrative Agent hereunder. With respect to any Loans made or renewed by it and with
respect to any Letter of Credit issued by it or participated in by it, the Administrative Agent
shall have the same rights and powers under this Agreement and the other Loan Documents as any
Lender and may exercise the same as though it were not an Administrative Agent, and the terms
“Lender” and “Lenders” shall include the Administrative Agent in its individual
capacity.

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SECTION 13.9. Resignation of the Administrative Agent; Successor Administrative Agent.
Subject to the appointment and acceptance of a successor as provided below, the Administrative
Agent may resign at any time by giving notice thereof to the Lenders and the Credit Parties. Upon
any such resignation, the Required Lenders shall have the right, subject to the approval of the
Credit Parties (so long as no Default or Event of Default has occurred and is continuing), to
appoint a successor Administrative Agent, which successor shall have minimum capital and surplus of
at least $500,000,000. If no successor Administrative Agent shall have been so appointed by the
Required Lenders, been approved (so long as no Default or Event of Default has occurred and is
continuing) by the Credit Parties or have accepted such appointment within thirty (30) days after
the Administrative Agent’s giving of notice of resignation, then the Administrative Agent may, on
behalf of the Lenders, appoint a successor Administrative Agent reasonably acceptable to the Credit
Parties (so long as no Default or Event of Default has occurred and is continuing), which successor
shall have minimum capital and surplus of at least $500,000,000. Upon the acceptance of any
appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor
Administrative Agent shall thereupon succeed to and become vested with all rights, powers,
privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent
shall be discharged from its duties and obligations hereunder. After any retiring Administrative
Agent’s resignation hereunder as Administrative Agent, the provisions of this Section 13.9 shall
continue in effect for its benefit in respect of any actions taken or omitted to be taken by it
while it was acting as Administrative Agent.

SECTION 13.10. Syndication and Documentation Agents. Each Syndication Agent in its
capacity as Syndication Agent and each documentation agent in its capacity as documentation agent
shall have no duties or responsibilities and no liabilities under this Agreement or any other Loan
Document but shall be entitled, in such capacity, to the same protections afforded to the
Administrative Agent under this Article XIII.

ARTICLE XIV MISCELLANEOUS

SECTION 14.1. Notices. (a) Method of Communication. Except as otherwise provided in
this Agreement, all notices and communications hereunder shall be in writing, or by telephone
subsequently confirmed in writing. Any notice shall be effective if delivered by hand delivery or
sent via telecopy, recognized overnight courier service or certified mail, return receipt
requested, and shall be presumed to be received by a party hereto (i) on the date of delivery if
delivered by hand or sent by telecopy, (ii) on the next Business Day if sent by recognized
overnight courier service and (iii) on the third (3rd) Business Day following the date
sent by certified mail, return receipt requested. A telephonic notice to the Administrative Agent
as understood by the Administrative Agent will be deemed to be the controlling and proper notice in
the event of a discrepancy with or failure to receive a confirming written notice.

     (b) Addresses for Notices. Notices to any party shall be sent to it at the following
addresses, or any other address as to which all the other parties are notified in writing.

If to the Credit Parties:

Jones Apparel Group, Inc.

250 Rittenhouse Circle

Bristol, Pennsylvania 19007

Attention: Chief Financial Officer

Telephone No.: (215) 785-4000

Telecopy No.: (215) 785-1228

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If to Wachovia:

Wachovia Bank, National Association

Administrative Agent: One Wachovia Center, TW 4

301 South College Street

Charlotte, NC 28288-0608

Attention: Syndication Agency Services

Telephone No: 704-715-1353

Telecopy No: 704-383-0288

With copies to:

Wachovia Bank, National Association

Administrative Agent: One Wachovia Center, TW 5

301 South College Street

Charlotte, NC 28288-0760

Attention: Syndication Agency Management

Telephone No: 704-383-7190

Telecopy No: 704-383-7611

If to any Lender:

To the Address set forth on Schedule 1.1(a) hereto

     (c) Administrative Agent’s Office. The Administrative Agent hereby designates its
office located at the address set forth above, or any subsequent office which shall have been
specified for such purpose by written notice to the Borrower and the Lenders, as the Administrative
Agent’s Office referred to herein, to which payments due are to be made and at which Loans will be
disbursed.

SECTION 14.2. Expenses; Indemnity. The Borrower will (a) pay all reasonable out-of-pocket
expenses of the Administrative Agent in connection with (i) the preparation, execution and delivery
of this Agreement and each other Loan Document, whenever the same shall be executed and delivered,
including without limitation the reasonable out-of-pocket syndication and due diligence expenses
and reasonable fees and disbursements of counsel for the Administrative Agent and (ii) the
preparation, execution and delivery of any waiver, amendment or consent by the Administrative Agent
or the Lenders relating to this Agreement or any other Loan Document, including without limitation
reasonable fees and disbursements of counsel for the Administrative Agent, (b) pay all reasonable
out-of-pocket expenses of the Administrative Agent actually incurred in connection with the
administration of the Credit Facility, (c) pay all reasonable out-of-pocket expenses of the
Administrative Agent and each Lender actually incurred in connection with the enforcement of any
rights and remedies of the Administrative Agent and the Lenders under the Credit Facility,
including to the extent reasonable under the circumstances consulting with accountants, attorneys
and other Persons concerning the nature, scope or value of any right or remedy of the
Administrative Agent or any Lender hereunder or under any other Loan Document or any factual
matters in connection therewith, which expenses shall include without limitation the reasonable
fees and disbursements of such Persons, and (d) defend, indemnify and hold harmless the
Administrative Agent and the Lenders, and their respective parents, Subsidiaries, Affiliates,
employees, Administrative Agents, officers and directors, from and against any losses, penalties,
fines, liabilities, settlements, damages, costs and expenses, suffered by any such Person in
connection with any claim, investigation, litigation or other proceeding

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(whether or not the Administrative Agent or any Lender is a party thereto) and the prosecution and
defense thereof, arising out of or in any way connected with this Agreement, any other Loan
Document or the Loans, including without limitation reasonable attorney’s and consultant’s fees,
except to the extent that any of the foregoing result from the gross negligence or willful
misconduct of any indemnified party.

SECTION 14.3. Set-off. In addition to any rights now or hereafter granted under Applicable
Law and not by way of limitation of any such rights, upon and after the occurrence of any Event of
Default and during the continuance thereof, the Lenders and any assignee or participant of a Lender
in accordance with Section 14.10 are hereby authorized by the Credit Parties at any time or from
time to time, without notice to the Credit Parties or to any other Person, any such notice being
hereby expressly waived, to set off and to appropriate and to apply any and all deposits (general
or special, time or demand, including, but not limited to, indebtedness evidenced by certificates
of deposit, whether matured or unmatured) and any other indebtedness at any time held or owing by
the Lenders, or any such assignee or participant to or for the credit or the account of the
Borrower against and on account of the Obligations irrespective of whether or not (a) the Lenders
shall have made any demand under this Agreement or any of the other Loan
Documents or (b) the Administrative Agent shall have declared any or all of the Obligations to be
due and payable as permitted by Section 12.2 and although such Obligations shall be contingent or
unmatured.

SECTION 14.4. Governing Law. This Agreement, the Notes and the other Loan Documents, unless
otherwise expressly set forth therein, shall be governed by, construed and enforced in accordance
with the laws of the State of New York.

SECTION 14.5. Consent to Jurisdiction. Each of the parties hereto hereby irrevocably
consents to the personal jurisdiction of the state and federal courts located in New York County,
New York, in any action, claim or other proceeding arising out of any dispute in connection with
this Agreement and the other Loan Documents, any rights or obligations hereunder or thereunder, or
the performance of such rights and obligations. Each of the parties hereto hereby irrevocably
consents to the service of a summons and complaint and other process in any action, claim or
proceeding brought by any other party hereto in connection with this Agreement or the other Loan
Documents, any rights or obligations hereunder or thereunder, or the performance of such rights and
obligations, on behalf of itself or its property, in the manner specified in Section 14.1. Nothing
in this Section 14.5 shall affect the right of any of the parties hereto to serve legal process in
any other manner permitted by Applicable Law or affect the right of any of the parties hereto to
bring any action or proceeding against any other party hereto or its properties in the courts of
any other jurisdictions.

SECTION 14.6. Waiver of Jury Trial. THE ADMINISTRATIVE AGENT, EACH LENDER AND EACH CREDIT
PARTY HEREBY ACKNOWLEDGE THEY IRREVOCABLY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL WITH
RESPECT TO ANY ACTION, CLAIM OR OTHER PROCEEDING ARISING OUT OF ANY JUDICIAL PROCEEDING, ANY
DISPUTE, CLAIM OR CONTROVERSY ARISING OUT OF, CONNECTED WITH OR RELATING TO THE LOAN DOCUMENTS
(“Dispute”) IN CONNECTION WITH THIS AGREEMENT, THE NOTES OR THE OTHER LOAN DOCUMENTS, ANY
RIGHTS OR OBLIGATIONS HEREUNDER OR THEREUNDER, OR THE PERFORMANCE OF SUCH RIGHTS AND OBLIGATIONS.

SECTION 14.7. Reversal of Payments. To the extent any Credit Party makes a payment or
payments to the Administrative Agent for the ratable benefit of the Lenders or the Administrative

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Agent receives any payment or proceeds of the collateral which payments or proceeds or any part
thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or
required to be repaid to a trustee, receiver or any other party under any bankruptcy law, state or
federal law, common law or equitable cause, then, to the extent
of such payment or proceeds repaid, the Obligations or part thereof intended to be satisfied shall
be revived and continued in full force and effect as if such payment or proceeds had not been
received by the Administrative Agent.

SECTION 14.8. Injunctive Relief; Punitive Damages. (a) Each of the parties to this
Agreement recognizes that, in the event such party fails to perform, observe or discharge any of
its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate
relief to the other parties hereto. Therefore, each of the parties hereto agrees that the other
parties hereto, at such other party’s option, shall be entitled to pursue temporary and permanent
injunctive relief in any such case without the necessity of proving actual damages.

     (b) The Administrative Agent, the Lenders and the Credit Parties (on behalf of themselves and
their Subsidiaries) hereby agree that no such Person shall have a remedy of punitive or exemplary
damages against any other party to a Loan Document and each such Person hereby waives any right or
claim to punitive or exemplary damages that they may now have or may arise in the future in
connection with any Dispute, whether such Dispute is resolved through arbitration or judicially.

SECTION 14.9. Accounting Matters. Except as otherwise expressly provided herein, all terms
of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from
time to time, provided that, if the Borrower notifies the Administrative Agent that the Borrower
requests an amendment to any provision hereof to eliminate the effect of any change occurring after
the date hereof in GAAP or in the application thereof on the operation of such provision (or if the
Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any
provision hereof for such purpose), regardless of whether any such notice is given before or after
such change in GAAP or in the application thereof, then such provision shall be interpreted on the
basis of GAAP as in effect and applied immediately before such change shall have become effective
until such notice shall have been withdrawn or such provision amended in accordance therewith.

SECTION 14.10. Successors and Assigns; Participations. (a) Benefit of Agreement.
This Agreement shall be binding upon and inure to the benefit of the Credit Parties, the
Administrative Agent and the Lenders, all future holders of the Notes, and their respective
successors and permitted assigns, except that the Borrower shall not assign or transfer any of its
rights or obligations under this Agreement without the prior written consent of each Lender other
than pursuant to Section 11.5.

     (b) Assignment by Lenders. Each Lender may, with the consent of the Borrower (so long
as no Default or Event of Default has occurred and is continuing) and the consent of the
Administrative Agent, which consents shall not be unreasonably withheld or delayed, assign to one
or more Eligible Assignees all or a portion of its interests, rights and obligations under this
Agreement (including, without limitation, all or a portion of the Extensions of Credit (other than
Competitive Bid Loans) at the time owing to it and the Revolving Credit Notes held by it); provided
that:

     (i) each such assignment shall be of a constant, and not a varying, percentage of all the
assigning Lender’s Revolving Credit Commitment and all other

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rights and obligations under this Agreement (other than any right to make Competitive Bid Loans,
Competitive Bid Loans owing to it and Competitive Bid Notes);

     (ii) if less than all of the assigning Lender’s Revolving Credit Commitment or Revolving
Credit Loans is to be assigned, the Revolving Credit Commitment or Revolving Credit Loans so
assigned shall not be less than $5,000,000;

     (iii) the parties to each such assignment shall execute and deliver to the Administrative
Agent, for its acceptance and recording in the Register, an Assignment and Acceptance in the form
of Exhibit G attached hereto (an “Assignment and Acceptance”), together with any Revolving
Credit Note or Revolving Credit Notes subject to such assignment;

     (iv) such assignment shall not, without the consent of the Borrower, on behalf of itself and
the other Credit Parties, require the Borrower, or any other Credit Party, to file a registration
statement with the Securities and Exchange Commission or apply to or qualify the Revolving Credit
Loans or the Revolving Credit Notes under the blue sky laws of any state;

     (v) the assigning Lender shall pay to the Administrative Agent an assignment fee of $3,000
upon the execution by such Lender of the Assignment and Acceptance; provided that no such fee shall
be payable upon any assignment by a Lender to an Affiliate thereof; and

     (vi) no consents will be required for assignments where the Eligible Assignee is an Affiliate
of the assigning Lender.

     Upon such execution, delivery, acceptance and recording, from and after the effective date
specified in each Assignment and Acceptance, which effective date shall be at least ten (10)
Business Days after the execution thereof, (A) the assignee thereunder shall be a party hereto and,
to the extent of the interest assigned in such Assignment and Acceptance, have the rights and
obligations of a Lender hereby and (B) the Lender thereunder shall, to the extent of the interest
assigned in such assignment, be released from its obligations under this Agreement.

     (c) Rights and Duties upon Assignment. By executing and delivering an Assignment and
Acceptance, the assigning Lender thereunder and the assignee thereunder confirm to and agree with
each other and the other parties hereto as set forth in such Assignment and Acceptance.

     (d) Register. The Administrative Agent shall maintain a copy of each Assignment and
Acceptance delivered to it and record the names and addresses of the Lenders and the amount of the
Extensions of Credit with respect to each Lender from time to time in the Register.

     No assignment shall be effective for purposes of this Agreement unless it has been recorded in
the Register as provided in this paragraph. The entries in the Register shall be conclusive, in the
absence of manifest error, and the Borrower, the Administrative Agent and the Lenders may treat
each person whose name is recorded in the Register as a Lender hereunder for all purposes of this
Agreement. The Register shall be available for inspection by the Borrower or any Lender at any
reasonable time and from time to time upon reasonable prior notice.

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     (e) Issuance of New Revolving Credit Notes. Upon its receipt of an Assignment and
Acceptance executed by an assigning Lender and an Eligible Assignee together with any Revolving
Credit Note or Revolving Credit Notes if any have been issued pursuant to this Agreement, subject
to such assignment and the written consent to such assignment, the Administrative Agent shall, if
such Assignment and Acceptance has been completed and is substantially in the form of Exhibit G:

     (i) accept such Assignment and Acceptance;

     (ii) record the information contained therein in the Register;

     (iii) give prompt notice thereof to the Lenders and the Borrower, on behalf of itself and the
other Credit Parties; and

     (iv) promptly deliver a copy of such Assignment and Acceptance to the Borrower.

     Within ten (10) Business Days after receipt of notice, if requested by the Eligible Assignee
the Borrower shall execute and deliver to the Administrative Agent, in exchange for the surrendered
Revolving Credit Note or Revolving Credit Notes, a new Revolving Credit Note or Revolving Credit
Notes to the order of such Eligible Assignee in amounts equal to the Revolving Credit Commitment
assumed by it pursuant to such Assignment and Acceptance and a new Revolving Credit Note or
Revolving Credit Notes to the order of the assigning Lender in an amount equal to the Revolving
Credit Commitment retained by it hereunder. Such new Revolving Credit Note or Revolving Credit
Notes shall be in an aggregate principal amount equal to the aggregate principal amount of such
surrendered Revolving Credit Note or Revolving Credit Notes, shall be dated the effective date of
such Assignment and Acceptance and shall otherwise be in substantially the form of the assigned
Revolving Credit Notes delivered to the assigning
Lender. Each surrendered Revolving Credit Note or Revolving Credit Notes shall be canceled and
returned to the Borrower.

     (f) Participations. Each Lender may sell participations to one or more banks or other
entities in all or a portion of its rights and/or obligations under this Agreement (including,
without limitation, all or a portion of its Extensions of Credit and the Notes held by it);
provided that:

     (i) each such participation shall be in an amount not less than $5,000,000;

     (ii) such Lender’s obligations under this Agreement (including, without limitation, its
Revolving Credit Commitment) shall remain unchanged;

     (iii) such Lender shall remain solely responsible to the other parties hereto for the
performance of such obligations;

     (iv) the Credit Parties, the Administrative Agent and the other Lenders shall continue to deal
solely and directly with such Lender in connection with such Lender’s rights and obligations under
this Agreement;

     (v) such Lender shall not permit such participant the right to approve any waivers, amendments
or other modifications to this Agreement or any other Loan Document other than waivers, amendments
or modifications which would reduce the

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principal of or the interest rate on any Revolving Credit Loan or Reimbursement Obligation, extend
the term or increase the amount of the Revolving Credit Commitment, reduce the amount of any fees
to which such participant is entitled, or extend any scheduled payment date for principal, interest
or fees of any Revolving Credit Loan, except as expressly contemplated hereby or thereby; and

     (vi) any such disposition shall not, without the consent of the Borrower, on behalf of itself
and the other Credit Parties, require the Borrower or any other Credit Party, to file a
registration statement with the Securities and Exchange Commission or apply to or qualify the
Revolving Credit Loans or the Revolving Credit Notes under the blue sky law of any state.

     (g) Disclosure of Information; Confidentiality. Each of the Administrative Agent, the
Issuing Lenders and the Lenders agrees to maintain the confidentiality of the Information (as
defined below), except that Information may be disclosed (a) to its and its Affiliates’ directors,
officers, employees and agents, including accountants, legal counsel and other advisors and
representatives (collectively, “Representatives”) (it being understood that the Persons to whom
such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information confidential), (b)
to the extent requested by any regulatory authority, (c) to the extent required by Applicable Laws
or regulations or by any subpoena or similar legal process, (d) to any other party to this
Agreement, (e) in connection with the exercise of any remedies hereunder or any suit, action or
proceeding relating to this Agreement or the enforcement of rights hereunder, (f) subject to an
agreement containing provisions substantially the same as those of this Section, to any assignee of
or Participant in, or any prospective assignee of or Participant in, any of its rights or
obligations under this Agreement, (g) with the prior written consent of the Credit Parties, (h) to
the extent such Information (A) becomes publicly available other than as a result of a breach of
this Section or (B) becomes available to the Administrative Agent, the Issuing Lenders or any
Lender on a nonconfidential basis from a source other than the Credit Parties or (i) to Gold Sheets
and other similar bank trade publications, such information to consist of deal terms and other
information (customarily found in such publications) upon the Credit Parties’ prior review and
approval, which shall not be unreasonably withheld or delayed. For the purposes of this Section,
“Information” means all information received from the Credit Parties or any of their
Subsidiaries relating to the Credit Parties or their business, other than any such information that
is available to the Administrative Agent, any Issuing Lender or any Lender on a nonconfidential
basis prior to disclosure by the Credit Parties; provided that, in the case of information received
from the Credit Parties after the Closing Date (other than certificates or other information
specifically required by the terms of this Agreement), such information is clearly identified at
the time of delivery as confidential. Any Person required to maintain the confidentiality of
Information as provided in this Section shall be considered to have complied with its obligation to
do so if such Person has exercised the same degree of care to maintain the confidentiality of such
Information as such Person would accord to its own confidential information.

     (h) Special Purpose Funding Vehicles. Notwithstanding anything to the contrary
contained herein, any Lender (a “Granting Lender”) may grant to a special purpose funding
vehicle organized for the specific purpose of making or acquiring participations or investing in
loans of the type made pursuant to this Agreement (a “SPC”), correctly identified as such
in writing from time to time by the Granting Lender to the Administrative Agent and the Borrower,
the option to provide to the Borrower all or any part of any Extension of Credit that such Lender
would otherwise be obligated to make to the Borrower pursuant to this Agreement; provided that (i)
nothing herein shall constitute a commitment by any SPC to make any Extension of Credit

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and (ii) if an SPC elects not to exercise such option or otherwise fails to provide all or any part
of such Extension of Credit, the Granting Lender shall be obligated to make such Extension of
Credit pursuant to the terms hereof. The making of an Extension of Credit by an SPC hereunder shall
utilize the Revolving Credit Commitment of the Granting Lender to the same extent, and as if, such
Extension of Credit were made by such
Granting Lender. Each party hereto hereby agrees that no SPC shall be liable for any indemnity or
similar payment obligation under this Agreement (all liability for which shall remain with the
Granting Lender). In furtherance of the foregoing, each party hereto hereby agrees (which agreement
shall survive the termination of this Agreement) that, prior to the date that is one year and one
day after the payment in full of all outstanding commercial paper or other senior indebtedness of
any SPC, it will not institute against, or join any other person in instituting against, such SPC
any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings under the laws
of the United States or any State thereof. In addition, notwithstanding anything to the contrary
contained in this clause, any SPC may (i) with notice to, but without the prior written consent of,
the Borrower and the Administrative Agent and without paying any processing fee therefor, assign
all or a portion of its interest in any Extension of Credit to the Granting Lender or to any
financial institution (consented to by the Borrower and Administrative Agent) providing liquidity
and/or credit support to or for the account of such SPC to support the funding or maintenance of
Extensions of Credit and (ii) disclose on a confidential basis any non-public information relating
to Extensions of Credit to any rating agency, commercial paper dealer or provider of any surety,
guarantee or credit or liquidity enhancement to such SPC. This clause may not be amended without
the written consent of each SPC.

     (i) Certain Pledges or Assignments. Nothing herein shall prohibit any Lender from
pledging or assigning any Note to any Federal Reserve Bank in accordance with Applicable Law.

SECTION 14.11. Amendments, Waivers and Consents. Except as set forth below, any term,
covenant, agreement or condition of this Agreement or any of the other Loan Documents may be
amended or waived by the Lenders, and any consent given by the Lenders, if, but only if, (a) in the
case of an amendment, waiver or consent for which a substantially similar corresponding amendment,
waiver or consent with regard to the Three-Year Credit Agreement will be made effective thereunder
contemporaneously, such amendment, waiver or consent is in writing signed by the Required Lenders
(or by the Administrative Agent with the consent of the Required Lenders) and delivered to the
Administrative Agent and, in the case of an amendment, signed by the Credit Parties and (b) in the
case of any other amendment, waiver or consent specifically impacting only this Agreement and the
other Loan Documents, such amendment, waiver or consent is in writing signed by the Required
Agreement Lenders (or by the Administrative Agent with the consent of the Required Agreement
Lenders) and delivered to the Administrative Agent and, in the case of an amendment, signed by the
Credit Parties; provided, in each case, that:

     (a) no amendment, waiver or consent shall (i) release any of the Credit Parties, (ii) increase
the amount or extend the time of the obligation of the Lenders to make Revolving Credit Loans or
issue or participate in Letters of Credit, (iii) extend the originally scheduled time or times of
payment of the principal of any Revolving Credit Loan or Reimbursement Obligation or the time or
times of payment of interest or fees on any Revolving Credit Loan or Reimbursement Obligation, (iv)
reduce the rate of interest
or fees payable on any Revolving Credit Loan or Reimbursement Obligation, (v) reduce the principal
amount of any Revolving Credit Loan or Reimbursement Obligation, (vi) permit any subordination of
the principal or interest on any Revolving Credit Loan or Reimbursement Obligation, (vii) permit
any assignment (other than as specifically

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permitted or contemplated in this Agreement) of any of the Credit Parties’ rights and obligations
hereunder or (viii) amend the provisions of this Section 14.11 or the definition of Required
Lenders or Required Agreement Lenders, without the prior written consent of each Lender affected
thereby; and

     (b) no amendment, waiver or consent to the provisions of (i) Article XIII shall be made
without the written consent of the Administrative Agent and (ii) Article III without the written
consent of each Issuing Lender affected thereby.

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SECTION 14.12. Performance of Duties. The Credit Parties’ obligations under this Agreement
and each of the Loan Documents shall be performed by the Credit Parties at their sole cost and
expense.

SECTION 14.13. All Powers Coupled with Interest. All powers of attorney and other
authorizations granted to the Lenders, the Administrative Agent and any Persons designated by the
Administrative Agent or any Lender pursuant to any provisions of this Agreement or any of the other
Loan Documents shall be deemed coupled with an interest and shall be irrevocable so long as any of
the Obligations remain unpaid or unsatisfied or the Credit Facility has not been terminated.

SECTION 14.14. Survival of Indemnities. Notwithstanding any termination of this Agreement,
the indemnities to which the Administrative Agent and the Lenders are entitled under the provisions
of this Article XIV and any other provision of this Agreement and the Loan Documents shall continue
in full force and effect and shall protect the Administrative Agent and the Lenders against events
arising after such termination as well as before.

SECTION 14.15. Titles and Captions. Titles and captions of Articles, Sections and
subsections in this Agreement are for convenience only, and neither limit nor amplify the
provisions of this Agreement.

SECTION 14.16. Severability of Provisions. Any provision of this Agreement or any other
Loan Document which is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective only to the extent of such prohibition or unenforceability
without invalidating the remainder of such provision or the remaining provisions hereof or thereof
or affecting the validity or enforceability of such provision in any other jurisdiction.

SECTION 14.17. Counterparts. This Agreement may be executed in any number of counterparts
and by different parties hereto in separate counterparts, each of which when so executed shall be
deemed to be an original and shall be binding upon all parties, their successors and assigns, and
all of which taken together shall constitute one and the same agreement. Delivery of any executed
counterpart of a signature page of this Agreement by telecopy shall be effective as delivery of a
manually executed counterpart of this Agreement.

SECTION 14.18. Term of Agreement. This Agreement shall remain in effect from the Closing
Date through and including the date upon which all Obligations (other than obligations owing by any
Credit Party to any Lender or Affiliate of a Lender or the Administrative Agent under any Hedging
Agreement) shall have been indefeasibly and irrevocably paid and satisfied in full. No termination
of this Agreement shall affect the rights and obligations of the parties hereto arising prior to
such termination.

SECTION 14.19. Inconsistencies with Other Documents; Independent Effect of Covenants. (a)
In the event there is a conflict or inconsistency between this Agreement and any other Loan
Document, the terms of this Agreement shall control.

     (b) The Borrower expressly acknowledges and agrees that each covenant contained in Article IX,
X, or XI hereof shall be given independent effect.

SECTION 14.20. Patriot Act. Each Lender hereby notifies the Borrower that pursuant to the
requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26,
2001)) (the “Act”), it is required to obtain, verify and record information that identifies each

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borrower, guarantor or grantor (the “Loan Parties”), which information includes the name and
address of each Loan Party and other information that will allow such Lender to identify such Loan
Party in accordance with the Act.

SECTION 14.21. Ratings of Loans. Each Lender hereby agrees that nothing in this agreement
shall require or imply that the Loans shall be required to be rated by any nationally recognized
securities rating organization.

SECTION 14.22. Consent Under Three Year Credit Agreement. Each Lender hereunder that is
also a lender under the Three-Year Credit Agreement, by execution of this
Agreement, hereby (i) agrees that each reference in the Three-Year Credit Agreement to the
“Five-Year Credit Agreement” shall mean a reference to this Agreement and (ii) consents to the
execution and delivery of this Agreement by the Credit Parties and the performance of their
respective obligations hereunder pursuant to Section 14.11 of the Three-Year Credit Agreement.

[Signature pages to follow]

73

 

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed under seal by
their authorized officers, all as of the day and year first written above.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.,

as Borrower

 	 
	 	By:  	/s/  Ira M. Dansky
 	 
	 	 	Name:  	Ira M. Dansky 	 
	 	 	Title:  	Secretary 	 
	 
	 	JONES APPAREL GROUP, INC.,

as Additional Obligor

 	 
	 	By:  	/s/  Ira M. Dansky
 	 
	 	 	Name:  	Ira M. Dansky 	 
	 	 	Title:  	Exec. V.P., General Counsel and Secretary 	 
	 
	 	JONES APPAREL GROUP HOLDINGS, INC.,

as Additional Obligor

 	 
	 	By:  	/s/  Ira M. Dansky
 	 
	 	 	Name:  	Ira M. Dansky 	 
	 	 	Title:  	President 	 
	 
	 	KASPER, LTD.,

as Additional Obligor

 	 
	 	By:  	/s/  Efthimios P. Sotos
 	 
	 	 	Name:  	Efthimios P. Sotos 	 
	 	 	Title:  	Vice President 	 
	 
	 	NINE WEST FOOTWEAR CORPORATION,

as Additional Obligor

 	 
	 	By:  	/s/  Ira M. Dansky
 	 
	 	 	Name:  	Ira M. Dansky 	 
	 	 	Title:  	Executive Vice President and Secretary 	 

74

 

	 	 	 	 	 

	 	 	 	 	 
	 	WACHOVIA BANK, NATIONAL ASSOCIATION

as Administrative Agent, Issuing Lender and Lender

 	 
	 	By:  	/s/  Kimberly A. Quinn
 	 
	 	 	Name:  	Kimberly A. Quinn 	 
	 	 	Title:  	Director 	 
	 
	 	CITIBANK, N.A.,

as Issuing Lender and Lender

 	 
	 	By:  	/s/  Judith Green
 	 
	 	 	Name:  	Judith Green 	 
	 	 	Title:  	Vice President 	 
	 
	 	JPMORGAN CHASE BANK,

as Issuing Lender and Lender

 	 
	 	By:  	/s/  James A. Knight
 	 
	 	 	Name:  	James A. Knight 	 
	 	 	Title:  	Vice President 	 
	 
	 	BANK OF AMERICA, N.A.,

as Issuing Lender and Lender

 	 
	 	By:  	/s/  Douglas J. Bolt
 	 
	 	 	Name:  	Douglas J. Bolt 	 
	 	 	Title:  	Vice President 	 
	 
	 	BARCLAYS BANK PLC

as Lender

 	 
	 	By:  	/s/  John Giannone
 	 
	 	 	Name:  	John Giannone 	 
	 	 	Title:  	Director 	 
	 
	 	SUNTRUST BANK

as Lender

 	 
	 	By:  	/s/  Patrick M. Stevens
 	 
	 	 	Name:  	Patrick M. Stevens 	 
	 	 	Title:  	Vice President 	 
	 
	 	THE BANK OF NOVA SCOTIA

as Lender

 	 
	 	By:  	/s/  Todd S. Meller
 	 
	 	 	Name:  	Todd S. Meller 	 
	 	 	Title:  	Managing Director 	 

75

 

	 	 	 	 	 

	 	 	 	 	 
	 	THE ROYAL BANK OF SCOTLAND PLC

as Lender

 	 
	 	By:  	/s/  Jayne Seaford
 	 
	 	 	Name:  	Jayne Seaford 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	UFJ BANK

as Lender

 	 
	 	By:  	/s/  John T. Feeney
 	 
	 	 	Name:  	John T. Feeney 	 
	 	 	Title:  	Vice President 	 
	 
	 	THE BANK OF NEW YORK

as Lender

 	 
	 	By:  	/s/  Roger Grossman
 	 
	 	 	Name:  	Roger Grossman 	 
	 	 	Title:  	Vice President 	 
	 
	 	MIZUHO CORPORATE BANK, LTD.

as Lender

 	 
	 	By:  	/s/  Greg Botshon
 	 
	 	 	Name:  	Greg Botshon 	 
	 	 	Title:  	SVP and Team Leader 	 
	 
	 	NORINCHUKIN BANK

as Lender

 	 
	 	By:  	/s/  Masanori Shoji
 	 
	 	 	Name:  	Masanori Shoji 	 
	 	 	Title:  	Joint General Manager 	 
	 
	 	STANDARD CHARTERED BANK

as Lender

 	 
	 	By:  	/s/  Alan Babcock
 	 
	 	 	Name:  	Alan Babcock 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	 	 
	 	By:  	/s/  Robert K. Reddington
 	 
	 	 	Name:  	Robert K. Reddington 	 
	 	 	Title:  	AVP/Credit Documentation 	 
	 
	 	SUMITOMO MITSUI BANKING CORPORATION

as Lender

 	 
	 	By:  	/s/  Edward McColly
 	 
	 	 	Name:  	Edward McColly 	 
	 	 	Title:  	VP, Department Head 	 

76

 

	 	 	 	 	 

	 	 	 	 	 
	 	U.S. BANK NATIONAL ASSOCIATION

as Lender

 	 
	 	By:  	/s/  Jennifer Thurston
 	 
	 	 	Name:  	Jennifer Thurston 	 
	 	 	Title:  	AVP 	 
	 
	 	UNION BANK OF CALIFORNIA, N.A.

as Lender

 	 
	 	By:  	/s/  Theresa L. Rocha
 	 
	 	 	Name:  	Theresa L. Rocha 	 
	 	 	Title:  	Vice President 	 
	 
	 	CHIAO TUNG BANK CO., LTD.

as Lender

 	 
	 	By:  	/s/  Kuang-Hua Wei
 	 
	 	 	Name:  	Kuang-Hua Wei 	 
	 	 	Title:  	SVP & General Manager 	 
	 
	 	BANK OF CHINA

as Lender

 	 
	 	By:  	/s/  William W. Smith
 	 
	 	 	Name:  	William W. Smith 	 
	 	 	Title:  	Deputy General Manager 	 
	 
	 	BANCO BILBAO VIZCAYA ARGENTARIA

as Lender

 	 
	 	By:  	/s/  Hector O. Villegas
 	 
	 	 	Name:  	Hector O. Villegas 	 
	 	 	Title:  	Vice President, Global Corporate Banking 	 
	 
	 	 	 
	 	By:  	/s/  John Martini
 	 
	 	 	Name:  	John Martini 	 
	 	 	Title:  	Vice President, Corporate Banking 	 
	 
	 	BEAR STEARNS CORPORATE LENDING

as Lender

 	 
	 	By:  	/s/  Victor Bulzacchelli
 	 
	 	 	Name:  	Victor Bulzacchelli 	 
	 	 	Title:  	Vice President 	 
	 
	 	CHANG HWA COMMERCIAL BANK, LTD.,

NEW YORK BRANCH

as Lender

 	 
	 	By:  	/s/  Ming-Hsien Lin
 	 
	 	 	Name:  	Ming-Hsien Lin 	 
	 	 	Title:  	SVP & General Manager 	 

77

 

	 	 	 	 	 

	 	 	 	 	 
	 	E.SUN COMMERCIAL BANK, LTD.,

LOS ANGELES BRANCH

as Lender

 	 
	 	By:  	/s/  Benjamin Lin
 	 
	 	 	Name:  	Benjamin Lin 	 
	 	 	Title:  	EVP and General Manager 	 
	 
	 	MALAYAN BANKING BERHAD

as Lender

 	 
	 	By:  	/s/  Wan Fadzmi Othman
 	 
	 	 	Name:  	Wan Fadzmi Othman 	 
	 	 	Title:  	General Manager 	 
	 
	 	PNC BANK

as Lender

 	 
	 	By:  	/s/  Denise D. Killen
 	 
	 	 	Name:  	Denise D. Killen 	 
	 	 	Title:  	Vice President 	 
	 
	 	UNICREDITO ITALIANO

as Lender

 	 
	 	By:  	/s/  Salyed A. Abbas
 	 
	 	 	Name:  	Salyed A. Abbas 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	/s/  Luciano Cenedese
 	 
	 	 	Name:  	Luciano Cenedese 	 
	 	 	Title:  	First Vice President 	 
	 
	 	FIRST COMMERCIAL BANK,

NEW YORK AGENCY,

as Lender

 	 
	 	By:  	/s/  Bruce M.J. Ju
 	 
	 	 	Name:  	Bruce M.J. Ju 	 
	 	 	Title:  	VP & GM 	 
	 

78

 

Schedule 1.1(a)

(Lenders and Revolving Credit Commitments)

	 	 	 	 	 	 	 	 	 
	 	 	COMMITMENT	 	 	 	 
	LENDER	 	PERCENTAGE	 	 	COMMITMENT
	Citibank, N.A.

	 	 	8.60%	 	 	$	86,042,000	 
	2 Penns Way, Suite 200

New Castle, DE 19720

Attn: Laura D. Quashne

T: 302-894-6058

F: 302-894-6120
	 	 	 	 	 	 	 	 
	JPMorgan Chase Bank

	 	 	8.60%	 	 	$	86,042,000	 
	1411 Broadway, 5th Floor

New York, NY 10018

Attn: Caridad Tio

T: 212-391-2711

F: 212-391-7283
	 	 	 	 	 	 	 	 
	Bank of America, N.A.

	 	 	8.60%	 	 	$	86,041,500	 
	101 N. Tyron Street, NC1-001-15-03

Charlotte, NC 28255

Attn: Jason Petrea

T: 704-386-3781

F: 704-409-0056
	 	 	 	 	 	 	 	 
	Barclays Bank PLC

	 	 	8.60%	 	 	$	86,041,500	 
	200 Park Avenue

New York, NY 10166

Attn: John Giannone
	 	 	 	 	 	 	 	 
	SunTrust Bank

	 	 	8.60%	 	 	$	86,041,500	 
	303 Peachtree Street, N.E.

Atlanta, GA 30308

Attn: Don Besch

T: 404 575-2649

F: 404 575-2594
	 	 	 	 	 	 	 	 
	Wachovia Bank, National Association

	 	 	8.60%	 	 	$	86,0410,500	 
	201 South College Street, CP-23

Charlotte, North Carolina 28202

Attn : Syndication Agency Services

T: 704 374-2698

F: 704 383-0288
	 	 	 	 	 	 	 	 
	The Bank of Nova Scotia

	 	 	5.00%	 	 	$	50,000,000	 
	One Liberty Plaza, Floor 24

New York, NY 10006

Attn: Victor Chevallier

T: 212 225-5064

F: 212 225-5145
	 	 	 	 	 	 	 	 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	COMMITMENT	 	 	 	 
	LENDER	 	PERCENTAGE	 	 	COMMITMENT	 
	The Royal Bank of Scotland plc

	 	 	5.00	%	 	$	50,000,000	 
	101 Park Avenue

New York, NY 10178

Attn: Juanita Baird

T: 212 401-1420

F: 212 401-1336
	 	 	 	 	 	 	 	 
	UFJ Bank Limited, New York Branch

	 	 	5.00	%	 	$	50,000,000	 
	55 East 52nd Street

New York, NY 10055

Attn: Martin Chin

T: 212 339-6392

F: 212 754-2368
	 	 	 	 	 	 	 	 
	The Bank of New York

	 	 	3.50	%	 	$	35,000,000	 
	One Wall Street

New York, NY 10286

Attn: Laina Chan

T: 212-635-6720

F: 212-635-6397
	 	 	 	 	 	 	 	 
	Mizuho Corporate Bank, Ltd.

	 	 	2.50	%	 	$	25,000,000	 
	1800 Plaza Ten

Jersey City, NJ 07311

Attn: Nicole Ferraro

T: 201 626-9341

F: 201 626-9913
	 	 	 	 	 	 	 	 
	The Norinchukin Bank, New York Branch

	 	 	2.50	%	 	$	25,000,000	 
	245 Park Avenue, 29th Floor

New York, NY 10167

Attn: Jing Li

T: 212 949-10167

F: 212 808-4188
	 	 	 	 	 	 	 	 
	Standard Chartered

	 	 	2.50	%	 	$	25,000,000	 
	One Madison Avenue

New York, NY 10010

Attn: Vicky

T: 212 667-0203

F: 212 667-0287
	 	 	 	 	 	 	 	 
	Sumitomo Mitsui Banking Corporation

	 	 	2.50	%	 	$	25,000,000	 
	277 Park Avenue

New York, NY 10172

Attn: Tracy Watson

T: 212 224-4393

F: 212 224-5197
	 	 	 	 	 	 	 	 
	U.S. Bank National Association

	 	 	2.50	%	 	$	25,000,000	 
	One U.S. Bank Plaza

St. Louis, MO 63166

Attn: Jennifer Thurston

	 	 	 	 	 	 	 	 

2

 

	 	 	 	 	 	 	 	 	 
	 	 	COMMITMENT	 	 	 	 
	LENDER	 	PERCENTAGE	 	 	COMMITMENT	 
	Union Bank of California

	 	 	2.50	%	 	$	25,000,000	 
	601 Potrero Grande Drive

Monterey Park, CA 91754

Attn: Hisako Sakamoto

T: 323 720-6181

F: 323 278-6173
	 	 	 	 	 	 	 	 
	Chiao Tung Bank Co., Ltd. New York Agency

	 	 	2.00	%	 	$	20,000,000	 
	One World Financial Center

200 Liberty Street, 30th Floor

New York, NY 10281

Attn: Anne Y. Lu

T: 212 285-0666 ext. 233

F: 212 285-2922
	 	 	 	 	 	 	 	 
	Bank of China, New York Branch

	 	 	1.50	%	 	$	15,000,000	 
	410 Madison Avenue

New York, NY 10017

Attn: Elaine Ho

T: 212 935-3101 ext 281

F: 646 840-1796
	 	 	 	 	 	 	 	 
	Banco Bilbao Vizcaya Argentaria

	 	 	1.50	%	 	$	15,000,000	 
	1345 Avenue of the Americas,
45th Floor

New York, NY 10105

Attn: Hector Villegas

T: 212 728-1513

F: 212 333-2904
	 	 	 	 	 	 	 	 
	Bear Stearns Corporate Lending Inc.

	 	 	1.50	%	 	$	15,000,000	 
	383 Madison Avenue, 8th Floor

New York, NY 10179

Attn: Gloria Dombrowski

T: 212-272-6043

F: 212-272-4844
	 	 	 	 	 	 	 	 
	Chang Hwa Commercial Bank, Ltd,

	 	 	1.50	%	 	$	15,000,000	 
	New York Branch

685 Third Avenue, 29th Floor

New York, NY 10017

Attn: Sarah Lim

T: 212 651-9770 ext. 31

F: 212 651-9785
	 	 	 	 	 	 	 	 
	E.Sun Commercial Bank, Ltd., Los Angeles Branch
	 	 	1.50	%	 	$	15,000,000	 
	
17700 Castleton Street, Suite 500

City of Industry, CA 91748

Attn: Shinghorng Lin

F: 626 810-2400 x. 228

F: 626 839-5531
	 	 	 	 	 	 	 	 

3

 

	 	 	 	 	 	 	 	 	 
	 	 	COMMITMENT	 	 	 	 
	LENDER	 	PERCENTAGE	 	 	COMMITMENT	 
	Malayan Banking Berhad

	 	 	1.50	%	 	$	15,000,000	 
	400 Park Avenue, 9th Floor

New York, NY 10022

Attn: Azahari Khalid

T: 212 303-1348

F: 212 308-0109
	 	 	 	 	 	 	 	 
	PNC Bank, National Association

	 	 	1.50	%	 	$	15,000,000	 
	500 First Avenue

Pittsburgh, PA 15219

Attn: Marc Accamando

T: 412 768-7647

F: 412 768-4586
	 	 	 	 	 	 	 	 
	Unicredito Italiano

	 	 	1.50	%	 	$	15,000,000	 
	430 Park Avenue, 9th Floor

New York, NY 10022

Attn: Dan Tausek

T: 212 546-9614

F: 212 826-8623
	 	 	 	 	 	 	 	 
	First Commercial Bank, New York Agency

	 	 	0.88	%	 	$	8,750,000	 
	750 Third Avenue, 34th Floor

New York, NY 10017

Attn: Yating Hwang

T: 212-599-6868

F: 212-599-6133
	 	 	 	 	 	 	 	 
	Total:
	 	 	100	%	 	$	1,000,000,000	 

4

 

     

Schedule 1.1 (b)

	 	 	 	 	 
	

	 	Wachovia Bank, N.A.
	 	Page: 1

	 	  	 	 
	 	Outstanding Summary Report	 	Date: 04/30/2004
	 	  	 	 
	 	For Applicant: NINE WEST	 	 

Applicant Name: NINE WEST GROUP INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	I167394K

	 	NINENW0042CW667
	 	HNK
	 	IMLC
	 	FULL FUTURE CO., LTD.
	 	TW
	 	02/20/2004
	 	04/26/2004
	 	 	720.00	 USD
	I167403K

	 	NINENW0051DA101
	 	HNK
	 	IMLC
	 	SOUTH SERVICE TRADING S/A
	 	BR
	 	02/20/2004
	 	05/05/2004
	 	 	66,445.20	 USD
	I167408K

	 	NINENW0056CW675
	 	HNK
	 	IMLC
	 	KENFIELD INVESTMENT S/A
	 	UY
	 	02/26/2004
	 	05/05/2004
	 	 	106,880.10	 USD
	I167410K

	 	NINENW0058CW681
	 	HNK
	 	IMLC
	 	KING KONG LEATHERWARE LTD.
	 	HK
	 	02/26/2004
	 	04/27/2004
	 	 	25,575.00	 USD
	I167413K

	 	NINENW0062DA112
	 	HNK
	 	IMLC
	 	CENTROPE INDUSTRIA DE CALCADOS LTD
	 	BR
	 	03/12/2004
	 	05/21/2004
	 	 	93,967.50	 USD
	I167415K

	 	NINENW0064DA89
	 	HNK
	 	IMLC
	 	GOLDEN MATE INTERNATIONAL CORP.
	 	TW
	 	03/10/2004
	 	05/25/2004
	 	 	32,700.00	 USD
	I167416K

	 	NINENW0065DA105
	 	HNK
	 	IMLC
	 	PUIBRIGHT INVESTMENTS LIMITED
	 	HK
	 	03/10/2004
	 	05/25/2004
	 	 	67,750.50	 USD
	I167417K

	 	NINENW0066DA104
	 	HNK
	 	IMLC
	 	PUIBRIGHT INVESTMENTS LIMITED
	 	HK
	 	03/10/2004
	 	05/29/2004
	 	 	11,441.85	 USD
	I167418K

	 	NINENW0067CW666
	 	HNK
	 	IMLC
	 	FULL FUTURE CO., LTD.
	 	TW
	 	03/10/2004
	 	05/24/2004
	 	 	9,648.00	 USD
	I167420K

	 	NINENW0069CW683
	 	HNK
	 	IMLC
	 	SINOWEST TRADING, LTD.
	 	HK
	 	03/17/2004
	 	05/17/2004
	 	 	94,149.00	 USD
	I167421K

	 	NINENW0070CW684
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	03/17/2004
	 	05/02/2004
	 	 	45,181.95	 USD
	I167422K

	 	NINENW0071DA114
	 	HNK
	 	IMLC
	 	GOLDEN MATE INTERNATIONAL CORP.
	 	TW
	 	03/17/2004
	 	06/06/2004
	 	 	60,018.75	 USD
	I167423K

	 	NINENW0072DA115
	 	HNK
	 	IMLC
	 	PRESTIGE FOOTWEAR CO. LTD.
	 	TW
	 	03/17/2004
	 	06/05/2004
	 	 	146,237.40	 USD
	I167427K

	 	NINENW0077DA116
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	03/25/2004
	 	06/05/2004
	 	 	30,833.25	 USD
	I167428K

	 	NINENW0078DA117
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	03/25/2004
	 	05/16/2004
	 	 	18,228.00	 USD
	I167429K

	 	NINENW0079CW693
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	04/02/2004
	 	05/08/2004
	 	 	39,110.40	 USD
	I167431K

	 	NINENW0081CW695
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	04/13/2004
	 	06/02/2004
	 	 	25,798.50	 USD
	I167432K

	 	NINENW0082CW696
	 	HNK
	 	IMLC
	 	JYE DEAN INDUSTRIAL CO. LTD.
	 	TW
	 	04/13/2004
	 	06/04/2004
	 	 	28,699.50	 USD
	I167433K

	 	NINENW0083CW697
	 	HNK
	 	IMLC
	 	DEBORBA CALCADOS LTDA
	 	BR
	 	04/13/2004
	 	06/02/2004
	 	 	50,400.00	 USD
	I167434K

	 	NINENW0084CW698
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	04/13/2004
	 	06/09/2004
	 	 	26,040.00	 USD
	I167435K

	 	NINENW0085CW699
	 	HNK
	 	IMLC
	 	CALCADOS LILIANA LTDA
	 	BR
	 	04/13/2004
	 	05/31/2004
	 	 	60,000.00	 USD
	I167436K

	 	NINENW0086CW701
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	04/14/2004
	 	06/07/2004
	 	 	120,990.30	 USD
	I167437K

	 	NINENW0087DA118
	 	HNK
	 	IMLC
	 	CALZATURIFICIO DARDI SRL
	 	IT
	 	04/14/2004
	 	06/09/2004
	 	 	29,667.00	 USD
	I167438K

	 	NINENW0088DA119
	 	HNK
	 	IMLC
	 	DEBORBA CALCADOS LTDA
	 	BR
	 	04/14/2004
	 	06/05/2004
	 	 	11,880.00	 USD
	I167439K

	 	NINENW0089DA120
	 	HNK
	 	IMLC
	 	DAIBY S/A
	 	BR
	 	04/14/2004
	 	05/26/2004
	 	 	14,512.50	 USD
	I167440K

	 	NINENW0090DDA121
	 	HNK
	 	IMLC
	 	CALZATURIFICIO VENEZIA
	 	IT
	 	04/14/2004
	 	06/10/2004
	 	 	24,930.00	 USD
	I167441K

	 	NINENW0091DA110
	 	HNK
	 	IMLC
	 	OVERLAND TRADING S/A
	 	BR
	 	04/23/2004
	 	06/22/2004
	 	 	130,698.00	 USD
	I167442K

	 	NINENW0092DA124
	 	HNK
	 	IMLC
	 	PUIBRIGHT INVESTMENTS LIMITED
	 	HK
	 	04/23/2004
	 	06/03/2004
	 	 	16,140.00	 USD
	I167443K

	 	NINENW0093DA125
	 	HNK
	 	IMLC
	 	OVERLAND TRADING S/A
	 	BR
	 	04/23/2004
	 	06/05/2004
	 	 	22,680.00	 USD
	I167444K

	 	NINENW0094CW700
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	04/23/2004
	 	07/03/2004
	 	 	129,234.00	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: NINE WEST

	 	Page: 2

Date: 04/30/2004

Applicant Name: NINE WEST GROUP INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	I167445K

	 	NINENW0095JL169
	 	HNK
	 	IMLC
	 	YEN SHENG FACTORY LTD.
	 	HK
	 	04/23/2004
	 	06/22/2004
	 	 	16,906.50	 USD
	I167446K

	 	NINENW0096CW685
	 	HNK
	 	IMLC
	 	SAB JIE MEI IMP/EXP CO. LTD.
	 	C2
	 	04/30/2004
	 	07/05/2004
	 	 	36,750.00	 USD
	I167447K

	 	NINENW0099CW702
	 	HNK
	 	IMLC
	 	GET EVER INTERNATIONAL LTD.
	 	TW
	 	04/30/2004
	 	07/10/2004
	 	 	24,030.00	 USD
	I167448K

	 	NINENW0100CW705
	 	HNK
	 	IMLC
	 	DRIPSTONE FEDERAL S.A.
	 	UY
	 	04/30/2004
	 	06/16/2004
	 	 	40,500.00	 USD
	I167449K

	 	NINENWO101CW706
	 	HNK
	 	IMLC
	 	CALCADOS LILIANA LTDA
	 	BR
	 	04/30/2004
	 	05/28/2004
	 	 	20,641.20	 USD
	I336000K

	 	NINENW0102CW707
	 	HNK
	 	IMLC
	 	KING KONG LEATHERWARE LTD.
	 	HK
	 	04/30/2004
	 	05/21/2004
	 	 	15,080.00	 USD
	I336001K

	 	NINENW0103JL170
	 	HNK
	 	IMLC
	 	YEN SHENG FACTORY LTD.
	 	HK
	 	04/30/2004
	 	06/16/2004
	 	 	42,273.00	 USD
	I336002K

	 	NINENW0104JL171
	 	HNK
	 	IMLC
	 	YEN SHENG FACTORY LTD.
	 	HK
	 	04/30/2004
	 	06/22/2004
	 	 	5,460.00	 USD
	I336003K

	 	NINENW0105JL173
	 	HNK
	 	IMLC
	 	YEN SHENG FACTORY LTD.
	 	HK
	 	04/30/2004
	 	06/08/2004
	 	 	25,381.80	 USD
	I336004K

	 	NINENW0106DA123
	 	HNK
	 	IMLC
	 	PUIBRIGHT INVESTMENTS LIMITED
	 	HK
	 	04/30/2004
	 	07/10/2004
	 	 	6,652.80	 USD
	I336005K

	 	NINENWO107DA127
	 	HNK
	 	IMLC
	 	LA TACHE INTERNATIONAL LIMITED
	 	HK
	 	04/30/2004
	 	07/05/2004
	 	 	9,792.90	 USD
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Appl Name Total:	 	 	1,784,024.90	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Total:
	 	 	1,784,024.90	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	BA/ACCPT Summary:	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Total:
	 	 	 	 

 

			
	***	 	END OF OUTSTANDING SUMMARY REPORT

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 1

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	L/C Bank Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	328338

	 	JONE2623D08098
	 	HNK
	 	IMLC
	 	KEN TRADING
	 	JP
	 	11/03/2003
	 	04/20/2004
	 	 	62,785.54	 USD
	328407

	 	JONE2699BLANKET
	 	HNK
	 	IMLC
	 	DOOLIM CORPORATION
	 	KR
	 	11/13/2003
	 	05/11/2004
	 	 	4,721.64	 USD
	328408

	 	JONE2700BLANKET
	 	HNK
	 	IMLC
	 	DOOLIM CORPORATION
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328409

	 	JONE2701BLANKET
	 	HNK
	 	IMLC
	 	EUHA INTERNATIONAL LTD
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328410

	 	JONE2702BLANKET
	 	HNK
	 	IMLC
	 	EUHA INTERNATIONAL LTD
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328411

	 	JONE2703BLANKET
	 	HNK
	 	IMLC
	 	EUHA INTERNATIONAL LTD
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328412

	 	JONE2704BLANKET
	 	HNK
	 	IMLC
	 	EUHA INTERNATIONAL LTD
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328416

	 	JONE2708BLANKET
	 	HNK
	 	IMLC
	 	POONGIN TRADING CO., LTD.
	 	KR
	 	11/13/2003
	 	05/01/2004
	 	 	83,292.06	 USD
	328418

	 	JONE2710BLANKET
	 	HNK
	 	IMLC
	 	POONGIN TRADING CO., LTD.
	 	KR
	 	11/13/2003
	 	05/01/2004
	 	 	45,345.07	 USD
	328421

	 	JONE2713BLANKET
	 	HNK
	 	IMLC
	 	POONGIN TRADING CO., LTD.
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328427

	 	JONE2719BLANKET
	 	HNK
	 	IMLC
	 	POONGIN TRADING CO., LTD.
	 	KR
	 	11/13/2003
	 	04/20/2004
	 	 	23,310.01	 USD
	328431

	 	JONE2723BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328432

	 	JONE2724BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328433

	 	JONE2725BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/11/2004
	 	 	53,509.34	 USD
	328434

	 	JONE2726BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328435

	 	JONE2727BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328436

	 	JONE2728BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/01/2004
	 	 	113,348.07	 USD
	328438

	 	JONE2730BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328439

	 	JONE2731BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/26/2004
	 	 	29,985.25	 USD
	328440

	 	JONE2732BLANET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	06/05/2004
	 	 	525,000.00	 USD
	328441

	 	JONE2733BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328442

	 	JONE2734BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328443

	 	JONE2735BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328444

	 	JONE2736BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328445

	 	JONE2737BLANKET
	 	HNK
	 	IMLC
	 	SAMKWANG APPAREL CORP
	 	KR
	 	11/13/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328459

	 	JONE2752BLANKETT
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328460

	 	JONE2753BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328461

	 	JONE2754BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328462

	 	JONE2755BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328463

	 	JONE2756BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 2

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	328464

	 	JONE2757BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328465

	 	JONE2758BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328466

	 	JONE2759BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328467

	 	JONE2760BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328468

	 	JONE2761BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328469

	 	JONE2762BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328470

	 	JONE2763BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328471

	 	JONE2764BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328472

	 	JONE2765BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328473

	 	JONE2766BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328474

	 	JONE2767BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328475

	 	JONE2768BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328476

	 	JONE2769BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328477

	 	JONE2770BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328478

	 	JONE2771BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328479

	 	JONE2772BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328480

	 	JONE2773BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328481

	 	JONE2774BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328482

	 	JONE2775BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328483

	 	JONE2776BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328484

	 	JONE2777BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328485

	 	JONE2778BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328486

	 	JONE2779BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328487

	 	JONE2780BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328488

	 	JONE2781BLANKET
	 	HNK
	 	IMLC
	 	HYUNJIN APPAREL CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328502

	 	JONE2794BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG IND., CO., LTD.
	 	KR
	 	11/18/2003
	 	06/05/2004
	 	 	2,335.40	 USD
	328503

	 	JONE2795BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG IND., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	58,939.17	 USD
	328504

	 	JONE2796BLANKBT
	 	HNK
	 	IMLC
	 	BAIK KYUNG IND., CO., LTD.
	 	KR
	 	11/18/2003
	 	06/04/2004
	 	 	127,361.36	 USD
	328505

	 	JONE2797BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG IND., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328506

	 	JONE2798BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG IND., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 3

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	L/C Bank Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	328507

	 	JONE2799BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG IND., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328508

	 	JONE2800BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328509

	 	JONE2801BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328510

	 	JONE2802BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328511

	 	JONE2803BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG IND., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328512

	 	JONE2804BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328513

	 	JONE2805BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328514

	 	JONE2806BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328515

	 	JONE2807BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328516

	 	JONE2808BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328517

	 	JONE2809BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328518

	 	JONE2810BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG END., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328519

	 	JONE2811BLANKET
	 	HNK
	 	IMLC
	 	BAIK KYUNG IND., CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328521

	 	JONE2813BLANKET
	 	HNK
	 	IMLC
	 	TAEBONG TONGSANG CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328522

	 	JONE2814BLANKET
	 	HNK
	 	IMLC
	 	TAEBONG TONGSANG CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328523

	 	JONE2815BLANKET
	 	HNK
	 	IMLC
	 	TAEBONG TONGSANG CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328524

	 	JONE2816BLANKET
	 	HNK
	 	IMLC
	 	TAEBONG TONGSANG CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328525

	 	JONE2817BLANKET
	 	HNK
	 	IMLC
	 	TAEBONG TONGSANG CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328526

	 	JONE2818BLANKET
	 	HNK
	 	IMLC
	 	TAEBONG TONGSANG CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328527

	 	JONE2819BLANKET
	 	HNK
	 	IMLC
	 	WOOIN INDUSTRIES LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328528

	 	JONE2820BLANKET
	 	HNK
	 	IMLC
	 	WOOIN INDUSTRIES LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328531

	 	JONE2823BLANKET
	 	HNK
	 	IMLC
	 	WOOIN INDUSTRIES LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328534

	 	JONE2826BLANKET
	 	HNK
	 	IMLC
	 	WOOIN INDUSTRIES LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328535

	 	JONE2827BLANKET
	 	HNK
	 	IMLC
	 	WOOIN INDUSTRIES LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328540

	 	JONE2832BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	 KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328541

	 	JONE2833BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	 KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328542

	 	JONE2834BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	 KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328543

	 	JONE2835BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	 KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328544

	 	JONE2836BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	 KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328545

	 	JONE2837BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	 KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 4

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	328546

	 	JONE2838BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328547

	 	JONE2839BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328548

	 	JONE2840BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	328549

	 	JONE2841BLANKET
	 	HNK
	 	IMLC
	 	DONGHAN INTERNATIONAL CO., LTD
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329802

	 	JONE2844BLANKET
	 	HNK
	 	IMLC
	 	FTN CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329807

	 	JONE2849BLANKET
	 	HNK
	 	IMLC
	 	FTN CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329809

	 	JONE2851BLANKET
	 	HNK
	 	IMLC
	 	FTN CO., LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329811

	 	JONE2853BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/01/2004
	 	 	109,046.12	 USD
	329812

	 	JONE2854BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/08/2004
	 	 	894.93	 USD
	329813

	 	JONE2855BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/08/2004
	 	 	3,078.24	 USD
	329814

	 	JONE2856BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	04/24/2004
	 	 	509.73	 USD
	329815

	 	JONE2857BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/02/2004
	 	 	2,008.45	 USD
	329816

	 	JONE2858BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329817

	 	JONE2859BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329818

	 	JONE2860BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329819

	 	JONE2861BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329820

	 	JONE2862BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/08/2004
	 	 	10,426.65	 USD
	329821

	 	JONE2863BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	06/26/2004
	 	 	194,138.10	 USD
	329822

	 	JONE2864BLANKET
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329823

	 	JONE2865BLANKETS
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329824

	 	JONE2866BLANKETS
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329825

	 	JONE2867BLANKETS
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329826

	 	JONE2868BLANKETS
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329827

	 	JONE2869BLANKETS
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329828

	 	JONE2870BLANKETS
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	329829

	 	JONE2871BLANKETS
	 	HNK
	 	IMLC
	 	JIN YOUNG INDUSTRIAL CO. LTD.
	 	KR
	 	11/18/2003
	 	05/21/2004
	 	 	525,000.00	 USD
	330030

	 	JONE2655BLANKET
	 	HNK
	 	IMLC
	 	THAI KNITTING FACTORY CO., LTD.
	 	TH
	 	12/16/2003
	 	04/30/2004
	 	 	23,054.59	 USD
	330060

	 	JONE2685D08215
	 	HNK
	 	IMLC
	 	KEN TRADING
	 	JP
	 	12/17/2003
	 	05/15/2004
	 	 	412,788.08	 USD
	330109

	 	JONE2736CALIOPA-
	 	HNK
	 	IMLC
	 	NOVA CALIOPA
	 	BG
	 	12/22/2003
	 	05/15/2004
	 	 	133,875.00	 USD
	330119

	 	JONE2746KJ1376
	 	HNK
	 	IMLC
	 	TAI KEI KNITTERS LIMITED
	 	HK
	 	12/23/2003
	 	04/28/2004
	 	 	412,211.06	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 5

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	330165
	 	JONE0002BLANKET	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	01/06/2004	 	04/23/2004	 	 	66,856.74	 USD
	330210
	 	JONE0051WLC322EC	 	HNK	 	IMLC	 	PT. UNGARAN SARI GARMENTS	 	ID	 	01/14/2004	 	05/17/2004	 	 	9,732.78	 USD
	330250
	 	JONE0094D08234	 	HNK	 	IMLC	 	TESSIL GROSSO S.R.L.	 	IT	 	01/21/2004	 	04/25/2004	 	 	12,013.65	 USD
	330254
	 	JONE0098KDD121R1	 	HNK	 	IMLC	 	SLITHER LTD.	 	HK	 	01/21/2004	 	04/25/2004	 	 	87,181.00	 USD
	330258
	 	JONE0104D08280	 	HNK	 	IMLC	 	MITSUI AND CO. LTD.	 	JP	 	01/23/2004	 	06/09/2004	 	 	351,835.50	 USD
	330267
	 	JONE0113MA00327	 	HNK	 	IMLC	 	LANIFICIO DI MAZZONE S.A.S.	 	IT	 	01/28/2004	 	04/23/2004	 	 	18,502.59	 USD
	331112
	 	JONE0158WLC341EC	 	HNK	 	IMLC	 	P.T. MASTERINDO JAYA ABADI	 	ID	 	01/30/2004	 	05/13/2004	 	 	31,238.85	 USD
	331117
	 	JONE0163SK0128A	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	01/30/2004	 	05/08/2004	 	 	9,200.34	 USD
	331119
	 	JONE01652MK128K	 	HNK	 	IMLC	 	SAMKWANG APPAREL CORP	 	KR	 	01/30/2004	 	04/20/2004	 	 	37,033.20	 USD
	331126
	 	JONE0172MA00363	 	HNK	 	IMLC	 	BTD TEKSTIL LTD	 	TR	 	02/03/2004	 	05/20/2004	 	 	128,825.11	 USD
	331129
	 	JONE0175WLC333EC	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	02/03/2004	 	05/11/2004	 	 	267,382.39	 USD
	331134
	 	JONE0181KJ1380	 	HNK	 	IMLC	 	KWIN HING KNITTING FTY. LTD.	 	HK	 	02/04/2004	 	04/28/2004	 	 	382,140.81	 USD
	331135
	 	JONE0182KJ1383R1	 	HNK	 	IMLC	 	TAI KEI KNITTERS LIMITED	 	HK	 	02/04/2004	 	04/28/2004	 	 	225,499.45	 USD
	331139
	 	JONE0189BLANKET	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	02/05/2004	 	07/29/2004	 	 	85,820.22	 USD
	331140
	 	JONE0190BLANKET	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	02/05/2004	 	05/14/2004	 	 	12,610.33	 USD
	331141
	 	JONE0191BLANKET	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	02/05/2004	 	07/24/2004	 	 	165,671.81	 USD
	331142
	 	JONE0192JG3251	 	HNK	 	IMLC	 	SAVERIO INTERNATIONAL LIMITED	 	HK	 	02/05/2004	 	04/22/2004	 	 	197,174.60	 USD
	331148
	 	JONE0198WLC347JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	02/05/2004	 	04/20/2004	 	 	281,198.40	 USD
	331149
	 	JONE0199SK0202B	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	02/05/2004	 	05/04/2004	 	 	321,148.09	 USD
	331150
	 	JONE0200SK0202A	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	02/05/2004	 	05/01/2004	 	 	121,693.84	 USD
	331160
	 	JONE0212JG4019	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	02/10/2004	 	04/29/2004	 	 	605,845.89	 USD
	331166
	 	JONE0218WLC338EC	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	02/10/2004	 	04/20/2004	 	 	163,903.29	 USD
	331167
	 	JONE0219WLC349JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	02/10/2004	 	04/20/2004	 	 	300,337.43	 USD
	331168
	 	JONE0220WLC348JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	02/10/2004	 	04/20/2004	 	 	387,859.58	 USD
	331169
	 	JONE0221MFS06	 	HNK	 	IMLC	 	FORMOSTAR GARMENT CO., LTD.	 	TW	 	02/10/2004	 	05/10/2004	 	 	416,367.67	 USD
	331171
	 	JONE0223KR013004	 	HNK	 	IMLC	 	JIN YOUNG INDUSTRIAL CO. LTD.	 	KR	 	02/10/2004	 	05/08/2004	 	 	28,524.70	 USD
	331179
	 	JONE0232MA00365	 	HNK	 	IMLC	 	TAECHANG ENTERPRISE CO., LTD.	 	KR	 	02/12/2004	 	05/22/2004	 	 	56,728.48	 USD
	331182
	 	JONE0236JG4078	 	HNK	 	IMLC	 	MONTHON LTD.	 	TH	 	02/12/2004	 	04/23/2004	 	 	182,016.05	 USD
	331189
	 	JONE0243WLC352JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	02/12/2004	 	04/20/2004	 	 	390,804.76	 USD
	331194
	 	JONE0248BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 6

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331195
	 	JONE0249BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331196
	 	JONE0250BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331197
	 	JONE0251BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331198
	 	JONE0252BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331199
	 	JONE0253BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331200
	 	JONE0254BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331201
	 	JONE0255BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331202
	 	JONE0256BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331203
	 	JONE0257BLANKET	 	HNK	 	IMLC	 	LAIENT CORPORATION	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331204
	 	JONE0258BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331205
	 	JONE0259BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331206
	 	JONE0260BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331207
	 	JONE0261BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331208
	 	JONE0262BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331209
	 	JONE0263BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331210
	 	JONE0264BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331211
	 	JONE0265BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331212
	 	JONE0266BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331213
	 	JONE0267BLANKET	 	HNK	 	IMLC	 	INSUNG MULSAN	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331217
	 	JONE0272JG4018	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	02/13/2004	 	04/20/2004	 	 	705,046.81	 USD
	331223
	 	JONE02782MK128L	 	HNK	 	IMLC	 	JUNIL CO., LTD.	 	KR	 	02/13/2004	 	04/20/2004	 	 	77,011.15	 USD
	331225
	 	JONE0280BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING COMPANY	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331226
	 	JONE0281BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING COMPANY	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331227
	 	JONE0282BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING COMPANY	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331228
	 	JONE0283BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING COMPANY	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331229
	 	JONE0284BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING LIMITED	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331230
	 	JONE0285BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING LIMITED	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331231
	 	JONE0286BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING LIMITED	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331232
	 	JONE0287BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING LIMITED	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331233
	 	JONE0288BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING LIMITED	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 7

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331234
	 	JONE0289BLANKET	 	HNK	 	IMLC	 	GLOBAL SOURCING LIMITED	 	KR	 	02/18/2004	 	08/31/2004	 	 	525,000.00	 USD
	331236
	 	JONE0291E03452	 	HNK	 	IMLC	 	SUNG AN SYNTHETICS CO., LTD.	 	KR	 	02/18/2004	 	07/22/2004	 	 	1,458,623.26	 USD
	331243
	 	JONE0298JG4083	 	HNK	 	IMLC	 	THAI GARMENT EXPORT CO., LTD.	 	TH	 	02/18/2004	 	05/07/2004	 	 	131,091.92	 USD
	331247
	 	JONE0302WLC353JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD.	 	HK	 	02/18/2004	 	04/20/2004	 	 	305,748.79	 USD
	331249
	 	JONE0304WLC354JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD.	 	HK	 	02/18/2004	 	04/20/2004	 	 	607,852.04	 USD
	331256
	 	JONE0315BLANKET	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	02/24/2004	 	04/25/2004	 	 	51,922.50	 USD
	331265
	 	JONE0324JG4020	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD.	 	HK	 	02/24/2004	 	04/27/2004	 	 	932,376.01	 USD
	331267
	 	JONE0326WLC357JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD.	 	HK	 	02/24/2004	 	04/30/2004	 	 	154,817.15	 USD
	331268
	 	JONE0327WLC373EC	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	02/24/2004	 	04/28/2004	 	 	128,373.14	 USD
	331269
	 	JONE0328WLC355JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD.	 	HK	 	02/24/2004	 	04/30/2004	 	 	289,685.43	 USD
	331276
	 	JONE0335WLC356JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD.	 	HK	 	02/24/2004	 	04/30/2004	 	 	470,094.77	 USD
	331278
	 	JONE0337MFS09	 	HNK	 	IMLC	 	FORMOSTAR GARMENT CO., LTD.	 	TW	 	02/24/2004	 	05/01/2004	 	 	98,293.31	 USD
	331280
	 	JONE0339JO020604	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	02/24/2004	 	05/17/2004	 	 	83,935.13	 USD
	331285
	 	JONE0343MA00427	 	HNK	 	IMLC	 	BTD TEKSTIL LTD.	 	TR	 	02/26/2004	 	04/30/2004	 	 	4,386.25	 USD
	331286
	 	JONE0344BLANKET	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	02/26/2004	 	05/15/2004	 	 	42,147.11	 USD
	331294
	 	JONE0352JG4106	 	HNK	 	IMLC	 	WILFORD KNITWEAR FTY. LTD.	 	HK	 	02/26/2004	 	04/18/2004	 	 	118,324.08	 USD
	331306
	 	JONE0364JG4130	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/02/2004	 	06/26/2004	 	 	58,336.74	 USD
	331314
	 	JONE0372WLC366JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD.	 	HK	 	03/03/2004	 	04/27/2004	 	 	99,723.68	 USD
	331315
	 	JONE0373APR80	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	03/02/2004	 	04/20/2004	 	 	2,229.09	 USD
	331317
	 	JONE0377JG4118	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	03/04/2004	 	05/13/2004	 	 	499,887.79	 USD
	331327
	 	JONE0387JG4135	 	HNK	 	IMLC	 	HEMPEL CHINA LIMITED	 	C2	 	03/04/2004	 	04/22/2004	 	 	122,188.42	 USD
	331336
	 	JONE0396APR81	 	HNK	 	IMLC	 	P.T. MASTERINDO JAYA ABADI	 	ID	 	03/04/2004	 	04/20/2004	 	 	9,764.46	 USD
	331337
	 	JONE0397APR83	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	03/04/2004	 	04/27/2004	 	 	329,749.11	 USD
	331338
	 	JONE0398JEV28LY1	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	03/04/2004	 	05/13/2004	 	 	90,290.50	 USD
	331340
	 	JONE0400SK0211B	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	03/04/2004	 	05/31/2004	 	 	1,049,841.29	 USD
	331341
	 	JONE0401SH0227	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	03/04/2004	 	04/29/2004	 	 	55,023.53	 USD
	331345
	 	JONE0405NA01168	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	03/05/2004	 	05/02/2004	 	 	47,080.66	 USD
	331346
	 	JONE0406NA01291	 	HNK	 	IMLC	 	LANIFICIO LERIEN	 	IT	 	03/05/2004	 	05/10/2004	 	 	21,631.05	 USD
	331348
	 	JONE0408MA00434	 	HNK	 	IMLC	 	GEO MUCK CO. LTD.	 	KR	 	03/05/2004	 	04/22/2004	 	 	2,604.47	 USD
	331353
	 	JONE0413JG4151	 	HNK	 	IMLC	 	EXCELLENT JADE LIMITED.	 	HK	 	03/08/2004	 	05/08/2004	 	 	158,648.39	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 8

Date: 04/30/2004

Applicant
Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331355
	 	JONE0415JG4158	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	03/08/2004	 	04/27/2004	 	 	74,201.40	 USD
	331357
	 	JONE0417JG4149	 	HNK	 	IMLC	 	DASHING INDUSTRIAL COMPANY LIMITED	 	HK	 	03/08/2004	 	05/05/2004	 	 	9,924.71	 USD
	331358
	 	JONE0418JG4136	 	HNK	 	IMLC	 	FORMOSTAR GARMENT CO., LTD.	 	TW	 	03/08/2004	 	05/13/2004	 	 	113,757.13	 USD
	331359
	 	JONE0419WLC392EC	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	03/08/2004	 	05/19/2004	 	 	287,305.40	 USD
	331360
	 	JONE0420WLC367JW	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	03/08/2004	 	04/27/2004	 	 	93,684.68	 USD
	331362
	 	JONE0422KJ1382R1	 	HNK	 	IMLC	 	MAINFIELD DEVELOPMENT CO. LTD.	 	HK	 	03/08/2004	 	04/28/2004	 	 	303,175.83	 USD
	331365
	 	JONE0425NBU-043	 	HNK	 	IMLC	 	D AND S MODE COMPANY LTD.	 	KR	 	03/08/2004	 	05/16/2004	 	 	49,305.69	 USD
	331367
	 	JONE0428NA01281	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	03/09/2004	 	05/18/2004	 	 	19,730.90	 USD
	331370
	 	JONE0431JG4163	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/09/2004	 	05/29/2004	 	 	37,959.08	 USD
	331371
	 	JONE0432JG4164	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/09/2004	 	05/29/2004	 	 	17,406.90	 USD
	331372
	 	JONE0433JG4165	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/09/2004	 	06/06/2004	 	 	13,253.63	 USD
	331373
	 	JONE0434JG4166	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/09/2004	 	06/06/2004	 	 	24,097.50	 USD
	331375
	 	JONE0436JG4131	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	03/09/2004	 	04/20/2004	 	 	8,749.23	 USD
	331376
	 	JONE0437JG4064	 	HNK	 	IMLC	 	PT. UNGARAN SARI GARMENTS	 	ID	 	03/09/2004	 	05/25/2004	 	 	89,345.55	 USD
	331377
	 	JONE0438JG4153	 	HNK	 	IMLC	 	ASIA COUTURE LIMITED	 	LK	 	03/09/2004	 	04/27/2004	 	 	454,014.99	 USD
	331378
	 	JONE0439JG4148	 	HNK	 	IMLC	 	JEANLY(H.K.) LIMITED	 	HK	 	03/09/2004	 	04/21/2004	 	 	6,332.82	 USD
	331379
	 	JONE0440WLC391EC	 	HNK	 	IMLC	 	JOY PLUS TRADING (H.K.) LTD.	 	HK	 	03/09/2004	 	05/25/2004	 	 	230,425.14	 USD
	331380
	 	JONE0441NWS15	 	HNK	 	IMLC	 	AUTOMOBILE FASHIONS CO., LTD	 	TW	 	03/09/2004	 	04/28/2004	 	 	123,951.60	 USD
	331381
	 	JONE0442JEV34LY2	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	03/09/2004	 	04/22/2004	 	 	74,934.67	 USD
	331383
	 	JONE0444W02152	 	HNK	 	IMLC	 	YOO SAN CO. LTD.	 	KR	 	03/10/2004	 	05/15/2004	 	 	7,570.80	 USD
	331388
	 	JONE0450MA00368	 	HNK	 	IMLC	 	WINNITEX INVESTMENT CO., LTD.	 	HK	 	03/12/2004	 	05/10/2004	 	 	23,802.13	 USD
	331391
	 	JONE0453NA01295	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	03/12/2004	 	05/17/2004	 	 	66,224.06	 USD
	331392
	 	JONE0454NA01170	 	HNK	 	IMLC	 	MENSA	 	TR	 	03/12/2004	 	05/10/2004	 	 	31,243.80	 USD
	331398
	 	JONE0460JG4168	 	HNK	 	IMLC	 	LEIGHTON TEXTILES CO. LTD.	 	HK	 	03/12/2004	 	06/08/2004	 	 	896,843.13	 USD
	331399
	 	JONE0461JG4193	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	03/12/2004	 	05/05/2004	 	 	158,765.67	 USD
	331400
	 	JONE0462JG4169	 	HNK	 	IMLC	 	LEIGHTON TEXTILES CO. LTD.	 	HK	 	03/12/2004	 	04/26/2004	 	 	45,305.63	 USD
	331403
	 	JONE0465WLC386JW	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	03/12/2004	 	05/12/2004	 	 	434,493.00	 USD
	331404
	 	JONE0466APR86	 	HNK	 	IMLC	 	P.T. MASTERINDO JAYA ABADI	 	ID	 	03/12/2004	 	06/15/2004	 	 	24,596.38	 USD
	331406
	 	JONE0468JEV026R2	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	03/12/2004	 	05/07/2004	 	 	201.89	 USD
	331407
	 	JONE0469NA01202	 	HNK	 	IMLC	 	PICCHI S.P.A.	 	IT	 	03/18/2004	 	04/20/2004	 	 	4,367.18	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 

	

	 	Wachovia Bank, N.A.

Outstanding Summary Report

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 9

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331408
	 	JONE0470MA00430	 	HNK	 	IMLC	 	WILHELM ZULEEG GMBH	 	GB	 	03/18/2004	 	05/05/2004	 	 	114.30	 USD
	331411
	 	JONE0473MA00442	 	HNK	 	IMLC	 	EVERHARVEST WEAVING FACTORY LTD.	 	HK	 	03/18/2004	 	04/20/2004	 	 	305.36	 USD
	331412
	 	JONE0474MA00454	 	HNK	 	IMLC	 	TAECHANG ENTERPRISE CO., LTD.	 	KR	 	03/18/2004	 	04/20/2004	 	 	550.55	 USD
	331413
	 	JONE0475F03620	 	HNK	 	IMLC	 	N.I. TEIJIN SHOJI CO., LTD.	 	JP	 	03/18/2004	 	04/28/2004	 	 	41.48	 USD
	331415
	 	JONE0477JJ00799	 	HNK	 	IMLC	 	EVERHARVEST WEAVING FACTORY LTD.	 	HK	 	03/18/2004	 	05/15/2004	 	 	28,585.30	 USD
	331416
	 	JONE0478MA00450	 	HNK	 	IMLC	 	KAOSHA	 	TW	 	03/18/2004	 	04/20/2004	 	 	33,443.55	 USD
	331417
	 	JONE0479E03494	 	HNK	 	IMLC	 	WINNITEX INVESTMENT CO., LTD.	 	HK	 	03/18/2004	 	05/20/2004	 	 	178,869.60	 USD
	331418
	 	JONE0480BLANKET	 	HNK	 	IMLC	 	PT DAESE GARMIN	 	ID	 	03/22/2004	 	06/16/2004	 	 	144,197.10	 USD
	331419
	 	JONE0481JG4197	 	HNK	 	IMLC	 	PT DAESE GARMIN	 	ID	 	03/22/2004	 	05/05/2004	 	 	14,891.63	 USD
	331421
	 	JONE0483JG4203	 	HNK	 	IMLC	 	FU SON GARMENT FTY.	 	MO	 	03/22/2004	 	04/30/2004	 	 	10,189.13	 USD
	331422
	 	JONE0484JG4185	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	03/22/2004	 	04/25/2004	 	 	393,212.49	 USD
	331423
	 	JONE0485JG4189	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	03/22/2004	 	04/22/2004	 	 	382,314.88	 USD
	331425
	 	JONE0487JG4192	 	HNK	 	IMLC	 	DOKO (HONG KONG)LTD	 	HK	 	03/22/2004	 	05/16/2004	 	 	85,750.23	 USD
	331426
	 	JONE0488JG4183	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	03/22/2004	 	04/25/2004	 	 	138,449.14	 USD
	331427
	 	JONE0489JG4182	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	03/22/2004	 	04/27/2004	 	 	26,875.62	 USD
	331428
	 	JONE0490JG4201	 	HNK	 	IMLC	 	CHENFENG (JIANGSU) CLOTHING CO. LTD	 	C2	 	03/22/2004	 	04/30/2004	 	 	31,789.08	 USD
	331429
	 	JONE0491JG4204	 	HNK	 	IMLC	 	BUSINESS FAITH INTERNATIONAL LTD.	 	HK	 	03/22/2004	 	04/30/2004	 	 	74,874.61	 USD
	331430
	 	JONE0492WLC401JW	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	03/22/2004	 	05/19/2004	 	 	140,366.92	 USD
	331433
	 	JONE0495WLC404EC	 	HNK	 	IMLC	 	JOY PLUS TRADING (H.K.) LTD.	 	HK	 	03/22/2004	 	06/09/2004	 	 	67,857.85	 USD
	331434
	 	JONE0496WLC395JW	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	03/22/2004	 	04/30/2004	 	 	395,946.10	 USD
	331435
	 	JONE0497WLC394JW	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	03/22/2004	 	04/23/2004	 	 	290,559.58	 USD
	331436
	 	JONE0498WLC406EC	 	HNK	 	IMLC	 	SAVERIO INTERNATIONAL LIMITED	 	HK	 	03/22/2004	 	04/25/2004	 	 	39,865.67	 USD
	331437
	 	JONE0499KK1209	 	HNK	 	IMLC	 	LAI KO KNITTING FTY. LTD.	 	HK	 	03/22/2004	 	04/25/2004	 	 	62,887.20	 USD
	331438
	 	JONE0500WLC376JW	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	03/22/2004	 	04/30/2004	 	 	13,450.40	 USD
	331439
	 	JONE0501UIJ03	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	03/22/2004	 	04/26/2004	 	 	123,316.22	 USD
	331440
	 	JONE0502APR89R	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	03/22/2004	 	05/11/2004	 	 	69,186.17	 USD
	331441
	 	JONE0503RIJ01	 	HNK	 	IMLC	 	P.T. RAJABRANA	 	ID	 	03/22/2004	 	05/05/2004	 	 	87,859.99	 USD
	331444
	 	JONE0506W02158	 	HNK	 	IMLC	 	YOO SAN CO. LTD.	 	KR	 	03/23/2004	 	04/25/2004	 	 	2,766.00	 USD
	331445
	 	JONE0507W02159	 	HNK	 	IMLC	 	GEO MUCK CO. LTD.	 	KR	 	03/23/2004	 	05/05/2004	 	 	40.12	 USD
	331446
	 	JONE0508D08372	 	HNK	 	IMLC	 	INDUSTRIA TESSILE SANESI S.P.A.	 	IT	 	03/23/2004	 	04/27/2004	 	 	130,024.13	 USD

OSTSMY.RDF

 

 

	 	 	 	 	 

	

	 	Wachovia Bank, N.A. 

Outstanding Summary Report 

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 10

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331447
	 	JONE0509MA00417	 	HNK	 	IMLC	 	BTD TEKSTIL LTD	 	TR	 	03/23/2004	 	04/30/2004	 	 	165,776.63	 USD
	331449
	 	JONE0511JG4180	 	HNK	 	IMLC	 	UNIMIX LIMITED	 	HK	 	03/23/2004	 	06/05/2004	 	 	313,616.91	 USD
	331452
	 	JONE0514KJ1384R1	 	HNK	 	IMLC	 	LAI KO KNITTING FTY. LTD.	 	HK	 	03/23/2004	 	05/05/2004	 	 	8,223.33	 USD
	331453
	 	JONE0515WLC398EC	 	HNK	 	IMLC	 	JOY PLUS TRADING (H.K.) LTD.	 	HK	 	03/23/2004	 	06/01/2004	 	 	619,681.17	 USD
	331454
	 	JONE0516WLC362EC	 	HNK	 	IMLC	 	MAXIMARK INTERNATIONAL LIMITED	 	HK	 	03/23/2004	 	05/05/2004	 	 	66,083.32	 USD
	331455
	 	JONE0517JEV34LY1	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	03/23/2004	 	05/07/2004	 	 	110,926.43	 USD
	331456
	 	JONE0518JEV38LY1	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	03/23/2004	 	05/13/2004	 	 	363,848.14	 USD
	331457
	 	JONE0519JEV026R1	 	HNK	 	IMLC	 	DONGHAN INTERNATIONAL CO., LTD	 	KR	 	03/23/2004	 	05/05/2004	 	 	116,032.35	 USD
	331458
	 	JONE0520JO030304	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	03/23/2004	 	04/23/2004	 	 	100,543.16	 USD
	331459
	 	JONE0521SK-0316A	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	03/23/2004	 	05/29/2004	 	 	94,898.12	 USD
	331460
	 	JONE0522A103	 	HNK	 	IMLC	 	BISHARA WORSTED WOOL MANUFACTURING	 	EG	 	03/23/2004	 	05/15/2004	 	 	66,230.75	 USD
	331461
	 	JONE0523NWT03122	 	HNK	 	IMLC	 	SILKGATE PACIFIC LIGHT IND. ENT.	 	HK	 	03/23/2004	 	04/24/2004	 	 	21,413.00	 USD
	331465
	 	JONE0527U02415	 	HNK	 	IMLC	 	MARCOLANA LANIFICIO	 	IT	 	03/25/2004	 	05/09/2004	 	 	12,820.50	 USD
	331466
	 	JONE0528MA00453	 	HNK	 	IMLC	 	BTD TEKSTIL LTD	 	TR	 	03/25/2004	 	05/15/2004	 	 	72,917.26	 USD
	331467
	 	JONE0530E03515	 	HNK	 	IMLC	 	PANG RIM CO., LTD.	 	KR	 	03/25/2004	 	05/10/2004	 	 	62,597.27	 USD
	331468
	 	JONE0531D08301	 	HNK	 	IMLC	 	MANUFACTURE F. CLARENSON	 	FR	 	03/25/2004	 	05/10/2004	 	 	341,334.00	 USD
	331469
	 	JONE0532E03532	 	HNK	 	IMLC	 	SAEHAN INDUSTRIES, INC.	 	KR	 	03/25/2004	 	06/09/2004	 	 	11,427.57	 USD
	331470
	 	JONE0533JG4221	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	03/25/2004	 	05/30/2004	 	 	20,547.40	 USD
	331471
	 	JONE0534JG4217	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/25/2004	 	07/24/2004	 	 	17,967.60	 USD
	331472
	 	JONE0535JG4218	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/25/2004	 	07/31/2004	 	 	29,318.89	 USD
	331473
	 	JONE0536JG4142	 	HNK	 	IMLC	 	SHANDONG CHERRY GROUP MAYTEX	 	C1	 	03/25/2004	 	05/02/2004	 	 	156,205.21	 USD
	331474
	 	JONE0537WLC403EC	 	HNK	 	IMLC	 	P.T. MASTERINDO JAYA ABADI	 	ID	 	03/25/2004	 	05/25/2004	 	 	73,934.39	 USD
	331475
	 	JONE0538APR91	 	HNK	 	IMLC	 	P.T. MASTERINDO JAYA ABADI	 	ID	 	03/25/2004	 	05/25/2004	 	 	43,199.33	 USD
	331476
	 	JONE0539JEV044R1	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	03/25/2004	 	05/30/2004	 	 	99,442.39	 USD
	331477
	 	JONE0540JEV45LY1	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	03/25/2004	 	05/14/2004	 	 	47,175.32	 USD
	331478
	 	JONE0542W02150	 	HNK	 	IMLC	 	PIONEER STREAM LTD.	 	TW	 	03/30/2004	 	05/15/2004	 	 	26,332.95	 USD
	331479
	 	JONE0543F03639	 	HNK	 	IMLC	 	SAEHAN INDUSTRIES, INC.	 	KR	 	03/30/2004	 	04/25/2004	 	 	1,062.36	 USD
	331480
	 	JONE0544MA00439	 	HNK	 	IMLC	 	TESSILGODI S.P.A.	 	IT	 	03/30/2004	 	05/05/2004	 	 	125.12	 USD
	331481
	 	JONE0545D08323	 	HNK	 	IMLC	 	TOMEN CORPORATION	 	JP	 	03/30/2004	 	04/20/2004	 	 	28,428.75	 USD
	331482
	 	JONE0546JG4230	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/30/2004	 	07/30/2004	 	 	16,285.50	 USD

OSTSMY.RDF

 

 

	 	 	 	 	 

	

	 	Wachovia Bank, N.A. 

Outstanding Summary Report 

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 11

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331483
	 	JONE0547JG4231	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/30/2004	 	08/16/2004	 	 	17,290.46	 USD
	331484
	 	JONE0548JG4232	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/30/2004	 	07/12/2004	 	 	13,951.25	 USD
	331485
	 	JONE0549JG4233	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	03/30/2004	 	07/12/2004	 	 	33,603.52	 USD
	331486
	 	JONE0550JG4211	 	HNK	 	IMLC	 	JOY PLUS TRADING (H.K.) LTD.	 	HK	 	03/30/2004	 	04/20/2004	 	 	378,076.58	 USD
	331488
	 	JONE0552JG4228	 	HNK	 	IMLC	 	FORMOSTAR GARMENT CO., LTD.	 	TW	 	03/30/2004	 	04/29/2004	 	 	119,061.88	 USD
	331489
	 	JONE0553JG4225	 	HNK	 	IMLC	 	BUSINESS FAITH INTERNATIONAL LTD.	 	HK	 	03/30/2004	 	04/30/2004	 	 	220,835.16	 USD
	331490
	 	JONE0554JG4223	 	HNK	 	IMLC	 	VOGUE TEX (PVT) LTD.	 	LK	 	03/30/2004	 	05/03/2004	 	 	117,780.45	 USD
	331491
	 	JONE0555JG4219	 	HNK	 	IMLC	 	HIRDARAMANI (INDUSTRIES) LTD.	 	LK	 	03/30/2004	 	05/04/2004	 	 	6,460.70	 USD
	331492
	 	JONE0556JTK319A-	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	03/30/2004	 	05/06/2004	 	 	42,361.56	 USD
	331493
	 	JONE0557JTK316A	 	HNK	 	IMLC	 	EUHA INTERNATIONAL LTD	 	KR	 	03/30/2004	 	05/06/2004	 	 	42,930.72	 USD
	331495
	 	JONE0559LCDYC-FE	 	HNK	 	IMLC	 	DISENO Y COLOR S.A.	 	PE	 	03/30/2004	 	05/06/2004	 	 	554,161.65	 USD
	331496
	 	JONE0560MA00462	 	HNK	 	IMLC	 	ABRAHAM MOON AND SONS LIMITED	 	GB	 	04/01/2004	 	06/05/2004	 	 	228,703.65	 USD
	331497
	 	JONE0561MA00412	 	HNK	 	IMLC	 	LANIFICIO DI MAZZONE S.A.S.	 	IT	 	04/01/2004	 	05/22/2004	 	 	200,655.00	 USD
	331498
	 	JONE0562D08306	 	HNK	 	IMLC	 	KEN TRADING	 	JP	 	04/01/2004	 	04/24/2004	 	 	1,260.04	 USD
	331501
	 	JONE0565JG4206	 	HNK	 	IMLC	 	SHANGHAI SALES CLOTHING (WEI YA)CO	 	C2	 	04/01/2004	 	04/20/2004	 	 	8,010.21	 USD
	331502
	 	JONE05663ZM89	 	HNK	 	IMLC	 	TAI KEI KNITTERS LIMITED	 	HK	 	04/01/2004	 	04/21/2004	 	 	4,085.38	 USD
	331503
	 	JONE05672MK330A	 	HNK	 	IMLC	 	POONGIN TRADING CO., LTD.	 	KR	 	04/01/2004	 	05/06/2004	 	 	13,351.09	 USD
	331504
	 	JONE0568JG4238	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	04/01/2004	 	05/03/2004	 	 	16,400.77	 USD
	331505
	 	JONE0569JG4236	 	HNK	 	IMLC	 	LAI KO KNITTING FTY. LTD.	 	HK	 	04/01/2004	 	05/05/2004	 	 	132,040.70	 USD
	331506
	 	JONE0570JG4234	 	HNK	 	IMLC	 	FORMOSTAR GARMENT CO., LTD.	 	TW	 	04/01/2004	 	05/10/2004	 	 	35,632.46	 USD
	331507
	 	JONE0571MFS11	 	HNK	 	IMLC	 	FORMOSTAR GARMENT CO., LTD.	 	TW	 	04/01/2004	 	05/15/2004	 	 	100,413.00	 USD
	331508
	 	JONE0572NBU-044-	 	HNK	 	IMLC	 	HAEYANG KNITTING FACTORY LTD	 	KR	 	04/01/2004	 	05/15/2004	 	 	193,419.35	 USD
	331509
	 	JONE0573AB-03-04	 	HNK	 	IMLC	 	ABU GOSH TEXTILE INDUSTRIES LTD.	 	IL	 	04/01/2004	 	05/30/2004	 	 	89,349.91	 USD
	331510
	 	JONE1201JG4253	 	HNK	 	IMLC	 	BUSINESS FAITH INTERNATIONAL LTD.	 	HK	 	04/06/2004	 	05/08/2004	 	 	23,027.35	 USD
	331511
	 	JONE1202JG4227	 	HNK	 	IMLC	 	HONG KONG SHUERTAI CO., LTD.	 	HK	 	04/06/2004	 	04/30/2004	 	 	71,431.01	 USD
	331512
	 	JONE1203JG4260	 	HNK	 	IMLC	 	JOY PLUS TRADING (H.K.) LTD.	 	HK	 	04/06/2004	 	04/27/2004	 	 	115,020.93	 USD
	331513
	 	JONE1204JG4252	 	HNK	 	IMLC	 	PT BUSANA PERKASA GARMENTS	 	ID	 	04/06/2004	 	05/13/2004	 	 	41,647.58	 USD
	331514
	 	JONE1205UIJ05	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	04/06/2004	 	05/31/2004	 	 	90,789.97	 USD
	331515
	 	JONE1206CNJ03	 	HNK	 	IMLC	 	CARNIVAL INDUSTRIAL CORP.	 	TW	 	04/06/2004	 	05/17/2004	 	 	99,119.87	 USD
	331516
	 	JONE12072MK-330D	 	HNK	 	IMLC	 	POONGIN TRADING CO., LTD.	 	KR	 	04/06/2004	 	04/26/2004	 	 	13,454.28	 USD

OSTSMY.RDF

 

 

	 	 	 	 	 

	

	 	Wachovia Bank, N.A. 

Outstanding Summary Report 

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 12

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331517
	 	JONE1208JTK329A-	 	HNK	 	IMLC	 	EUHA INTERNATIONAL LTD	 	KR	 	04/06/2004	 	05/06/2004	 	 	201,582.86	 USD
	331518
	 	JONE1209JEV55LY1	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	04/06/2004	 	06/12/2004	 	 	180,915.88	 USD
	331519
	 	JONE0578D08407	 	HNK	 	IMLC	 	MITSUI & CO. LTD.	 	JP	 	04/07/2004	 	05/15/2004	 	 	71,018.33	 USD
	331520
	 	JONE0579D08327	 	HNK	 	IMLC	 	YUNISAN YUNLU SANAYI	 	TR	 	04/07/2004	 	05/01/2004	 	 	40,540.50	 USD
	331521
	 	JONE0580MA00429	 	HNK	 	IMLC	 	ABRAHAM MOON AND SONS LIMITED	 	GB	 	04/07/2004	 	06/12/2004	 	 	19,304.78	 USD
	331522
	 	JONE0581MA00444	 	HNK	 	IMLC	 	ABRAHAM MOON AND SONS LIMITED	 	GB	 	04/07/2004	 	05/22/2004	 	 	159,180.00	 USD
	331523
	 	JONE0582MA00445	 	HNK	 	IMLC	 	ABRAHAM MOON AND SONS LIMITED	 	GB	 	04/07/2004	 	05/22/2004	 	 	83,057.94	 USD
	331524
	 	JONE0583MA00466	 	HNK	 	IMLC	 	GEO MUCK CO., LTD.	 	KR	 	04/07/2004	 	07/12/2004	 	 	269,891.21	 USD
	331525
	 	JONE0584WLC410EC	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	04/07/2004	 	05/12/2004	 	 	399,335.00	 USD
	331526
	 	JONE0585JG4235	 	HNK	 	IMLC	 	PT. UNGARAN SARI GARMENTS	 	ID	 	04/07/2004	 	05/30/2004	 	 	15,809.63	 USD
	331527
	 	JONE0586JO040204	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	04/07/2004	 	05/31/2004	 	 	330,183.67	 USD
	331528
	 	JONE0587NWT04031	 	HNK	 	IMLC	 	SILKGATE PACIFIC LIGHT IND. ENT.	 	HK	 	04/07/2004	 	05/19/2004	 	 	31,410.53	 USD
	331529
	 	JONE0588JG4254	 	HNK	 	IMLC	 	BUSINESS FAITH INTERNATIONAL LTD.	 	HK	 	04/07/2004	 	06/20/2004	 	 	189,236.69	 USD
	331530
	 	JONE0589JG4242	 	HNK	 	IMLC	 	JIING SHENG KNITTING CO., LTD.	 	TW	 	04/07/2004	 	05/20/2004	 	 	15,068.59	 USD
	331531
	 	JONE0590JG4246	 	HNK	 	IMLC	 	DATAS INDUSTRIES LIMITED	 	HK	 	04/07/2004	 	05/20/2004	 	 	19,522.49	 USD
	331532
	 	JONE0591JEV45LY2	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	04/07/2004	 	06/17/2004	 	 	88,390.73	 USD
	331533
	 	JONE0593MA00490	 	HNK	 	IMLC	 	LANIFICIO DI MAZZONE S.A.S.	 	IT	 	04/08/2004	 	05/30/2004	 	 	4,021.50	 USD
	331534
	 	JONE0594MA00465	 	HNK	 	IMLC	 	LANIFICIO DI MAZZONE S.A.S.	 	IT	 	04/08/2004	 	05/14/2004	 	 	20,160.00	 USD
	331535
	 	JONE0595D08320	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	04/08/2004	 	04/30/2004	 	 	185,387.69	 USD
	331536
	 	JONE0596NA01194	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	04/08/2004	 	05/06/2004	 	 	55,389.60	 USD
	331537
	 	JONE0597JG4269	 	HNK	 	IMLC	 	HIRDARAMANI (INDUSTRIES) LTD.	 	LK	 	04/08/2004	 	04/28/2004	 	 	62,111.94	 USD
	331538
	 	JONE0598JG4256	 	HNK	 	IMLC	 	VIMCHAMP GARMENTS LIMITED	 	HK	 	04/08/2004	 	07/20/2004	 	 	23,340.37	 USD
	331539
	 	JONE0599WLC409EC	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	04/08/2004	 	05/12/2004	 	 	106,240.91	 USD
	331540
	 	JONE0600JG4277	 	HNK	 	IMLC	 	LAI KO KNITTING FTY. LTD.	 	HK	 	04/13/2004	 	05/15/2004	 	 	34,287.16	 USD
	331541
	 	JONE0601JG4280	 	HNK	 	IMLC	 	KWIN HING KNITTING FTY. LTD.	 	HK	 	04/13/2004	 	05/05/2004	 	 	159,616.49	 USD
	331542
	 	JONE0602JG4275	 	HNK	 	IMLC	 	PT SARASA NUGRAHA TBK	 	ID	 	04/13/2004	 	06/02/2004	 	 	82,320.00	 USD
	331543
	 	JONE0603WLC405EC	 	HNK	 	IMLC	 	JOY PLUS TRADING (H.K.) LTD.	 	HK	 	04/13/2004	 	05/25/2004	 	 	59,759.75	 USD
	331544
	 	JONE0604JG4292	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	04/16/2004	 	07/29/2004	 	 	19,417.23	 USD
	331545
	 	JONE0605JG4304	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	04/16/2004	 	07/15/2004	 	 	12,600.00	 USD
	331546
	 	JONE0606JG4305	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	04/16/2004	 	08/15/2004	 	 	149,265.27	 USD

OSTSMY.RDF

 

 

	 	 	 	 	 

	

	 	Wachovia Bank, N.A. 

Outstanding Summary Report 

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 13

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331547
	 	JONE0607JG4263	 	HNK	 	IMLC	 	HONG KONG SHUERTAI CO., LTD.	 	HK	 	04/16/2004	 	05/05/2004	 	 	36,701.35	 USD
	331548
	 	JONE0608JG4205	 	HNK	 	IMLC	 	LUEN THAI GARMENT COMPANY	 	HK	 	04/16/2004	 	06/30/2004	 	 	39,133.06	 USD
	331549
	 	JONE0609JG4259	 	HNK	 	IMLC	 	BUSINESS FAITH INTERNATIONAL LTD.	 	HK	 	04/16/2004	 	05/30/2004	 	 	75,856.88	 USD
	331550
	 	JONE0610JG4222	 	HNK	 	IMLC	 	ZHEJIANG WANLIFENG TEXTILE	 	C2	 	04/16/2004	 	06/15/2004	 	 	129,920.96	 USD
	331551
	 	JONE0611JG4237	 	HNK	 	IMLC	 	AUTOMOBILE FASHIONS CO., LTD	 	TW	 	04/16/2004	 	07/07/2004	 	 	314,139.46	 USD
	331552
	 	JONE0612JG4266	 	HNK	 	IMLC	 	ATRACO INDUSTRIAL ENTERPRISES	 	AE	 	04/16/2004	 	05/25/2004	 	 	1,482,416.42	 USD
	331553
	 	JONE0613JG4278	 	HNK	 	IMLC	 	TONGLU PUDE GARMENTS CO.	 	C2	 	04/16/2004	 	05/10/2004	 	 	199,053.37	 USD
	331554
	 	JONE0614JG4272	 	HNK	 	IMLC	 	FORMOSTAR GARMENT CO., LTD.	 	TW	 	04/16/2004	 	05/06/2004	 	 	225,973.61	 USD
	331555
	 	JONE0615JG4264	 	HNK	 	IMLC	 	SHANGHAI SALES CLOTHING (WEI YA)CO	 	C2	 	04/16/2004	 	05/01/2004	 	 	45,871.45	 USD
	331556
	 	JONE0616JG4283	 	HNK	 	IMLC	 	KWIN HING KNITTING FTY. LTD.	 	HK	 	04/16/2004	 	05/01/2004	 	 	53,889.00	 USD
	331557
	 	JONE0617JG4265	 	HNK	 	IMLC	 	MOREGOAL INDUSTRIES LTD.	 	HK	 	04/16/2004	 	05/12/2004	 	 	75,192.41	 USD
	331558
	 	JONE0618JG4293	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	04/16/2004	 	05/12/2004	 	 	41,290.15	 USD
	331559
	 	JONE0619WLC416EC	 	HNK	 	IMLC	 	P.T. MASTERINDO JAYA ABADI	 	ID	 	04/16/2004	 	06/15/2004	 	 	9,151.04	 USD
	331560
	 	JONE0620WLC411EC	 	HNK	 	IMLC	 	SAVERIO INTERNATIONAL LIMITED	 	HK	 	04/16/2004	 	05/08/2004	 	 	845,273.33	 USD
	331561
	 	JONE0621SK0331A	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	04/16/2004	 	06/04/2004	 	 	1,017,189.63	 USD
	331562
	 	JONE0622KR040904	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	04/16/2004	 	05/20/2004	 	 	177,034.11	 USD
	331563
	 	JONE0623KR033104	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	04/16/2004	 	05/07/2004	 	 	25,111.17	 USD
	331564
	 	JONE0624NBU045A	 	HNK	 	IMLC	 	HAEYANG KNITTING FACTORY LTD	 	KR	 	04/16/2004	 	05/30/2004	 	 	121,524.03	 USD
	331565
	 	JONE0625NA01341	 	HNK	 	IMLC	 	ROSATI SPA	 	IT	 	04/20/2004	 	05/11/2004	 	 	6,490.05	 USD
	331566
	 	JONE0626D08497	 	HNK	 	IMLC	 	LANIFICIO CAVERNI AND GRAMIGNI SPA	 	IT	 	04/20/2004	 	05/25/2004	 	 	8,241.19	 USD
	331567
	 	JONE0627D08391	 	HNK	 	IMLC	 	KEN TRADING	 	JP	 	04/20/2004	 	06/14/2004	 	 	847,535.33	 USD
	331568
	 	JONE0628D08384	 	HNK	 	IMLC	 	KEN TRADING	 	JP	 	04/20/2004	 	05/25/2004	 	 	495,423.08	 USD
	331569
	 	JONE0629D08419	 	HNK	 	IMLC	 	AK-PA TEKSTIL IHRACAT PAZARLAMA AS	 	TR	 	04/20/2004	 	05/27/2004	 	 	23,409.75	 USD
	331570
	 	JONE0630D08433	 	HNK	 	IMLC	 	MITSUI & CO. LTD.	 	JP	 	04/20/2004	 	05/25/2004	 	 	106,347.15	 USD
	331571
	 	JONE0631D08434	 	HNK	 	IMLC	 	TEX BOX SRL	 	IT	 	04/20/2004	 	06/09/2004	 	 	82,882.80	 USD
	331572
	 	JONE0632D08442	 	HNK	 	IMLC	 	INDUSTRIA TESSILE SANESI S.P.A.	 	IT	 	04/20/2004	 	06/01/2004	 	 	36,571.50	 USD
	331573
	 	JONE0633D08447	 	HNK	 	IMLC	 	LANIFICIO CAVERNI AND GRAMIGNI SPA	 	IT	 	04/20/2004	 	06/09/2004	 	 	27,090.00	 USD
	331574
	 	JONE0634D08475	 	HNK	 	IMLC	 	LANIFICIO CAVERNI & GRAMIGNI SPA	 	IT	 	04/20/2004	 	06/22/2004	 	 	33,185.26	 USD
	331575
	 	JONE0635MA00462	 	HNK	 	IMLC	 	ABRAHAM MOON AND SONS LIMITED	 	GB	 	04/20/2004	 	06/05/2004	 	 	245,650.76	 USD
	331576
	 	JONE0636D08443	 	HNK	 	IMLC	 	KEN TRADING	 	JP	 	04/20/2004	 	05/15/2004	 	 	208,162.50	 USD

OSTSMY.RDF

 

 

	 	 	 	 	 

	

	 	Wachovia Bank, N.A. 

Outstanding Summary Report 

For Applicant: JONES APPAREL GROUP USA INC.
	 	Page: 14

Date: 04/30/2004

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	331577
	 	JONE0638D08317	 	HNK	 	IMLC	 	KEN TRADING	 	JP	 	04/20/2004	 	05/15/2004	 	 	300,658.58	 USD
	331578
	 	JONE0639D08347	 	HNK	 	IMLC	 	MITSUI AND CO. LTD.	 	JP	 	04/20/2004	 	05/21/2004	 	 	109,335.98	 USD
	331579
	 	JONE0640D08375	 	HNK	 	IMLC	 	MITSUI AND CO. LTD.	 	JP	 	04/20/2004	 	05/15/2004	 	 	220,626.00	 USD
	331580
	 	JONE0641D08358	 	HNK	 	IMLC	 	MANIFATURRA TESSILE NEW LINE SPA	 	IT	 	04/20/2004	 	05/10/2004	 	 	18,385.50	 USD
	331581
	 	JONE0643W02171	 	HNK	 	IMLC	 	YOO SAN CO. LTD.	 	KR	 	04/20/2004	 	05/12/2004	 	 	73,508.40	 USD
	331582
	 	JONE0644D08495	 	HNK	 	IMLC	 	AMOR TESSUTO SA	 	UY	 	04/20/2004	 	06/30/2004	 	 	30,444.75	 USD
	331583
	 	JONE0645D08449	 	HNK	 	IMLC	 	MITSUI & CO. LTD.	 	JP	 	04/20/2004	 	06/25/2004	 	 	37,366.88	 USD
	331584
	 	JONE0646D08445	 	HNK	 	IMLC	 	KEN TRADING	 	JP	 	04/20/2004	 	05/30/2004	 	 	102,791.85	 USD
	331585
	 	JONE0647U02435	 	HNK	 	IMLC	 	VERTEX TEXTILES INC. LTD	 	HK	 	04/20/2004	 	06/09/2004	 	 	14,895.09	 USD
	331586
	 	JONE0648MA00414	 	HNK	 	IMLC	 	TAECHANG ENTERPRISE CO., LTD.	 	KR	 	04/20/2004	 	06/10/2004	 	 	430,612.67	 USD
	331587
	 	JONE0650E03546	 	HNK	 	IMLC	 	BONDEX INTERNATIONAL (HONG KONG)	 	HK	 	04/20/2004	 	07/07/2004	 	 	103,729.51	 USD
	331588
	 	JONE0651D08494	 	HNK	 	IMLC	 	KARIBE INDUSTRIA E COMERCIO LTDA	 	BR	 	04/20/2004	 	06/25/2004	 	 	29,452.50	 USD
	331589
	 	JONE0652JG4298	 	HNK	 	IMLC	 	WISE TIME KNITTING FTY, LTD	 	HK	 	04/20/2004	 	06/02/2004	 	 	22,631.83	 USD
	331590
	 	JONE0653JG4291	 	HNK	 	IMLC	 	PT UNI-ENLARGE INDUSTRY INDONESIA	 	ID	 	04/20/2004	 	05/24/2004	 	 	36,933.01	 USD
	331591
	 	JONE0654JG4306	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	04/20/2004	 	05/25/2004	 	 	94,949.87	 USD
	331592
	 	JONE0655WLC415EC	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	04/20/2004	 	05/15/2004	 	 	197,455.93	 USD
	331593
	 	JONE0656WLC417SL	 	HNK	 	IMLC	 	CHINA TING GARMENT MFG. (GROUP) LTD	 	HK	 	04/20/2004	 	05/12/2004	 	 	24,573.83	 USD
	331594
	 	JONE0657JEV062R1	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	04/20/2004	 	06/20/2004	 	 	351,461.26	 USD
	331595
	 	JONE0659G02410	 	HNK	 	IMLC	 	JOUEN TEX COMPANY	 	KR	 	04/22/2004	 	05/14/2004	 	 	9,256.80	 USD
	331596
	 	JONE0660G02363	 	HNK	 	IMLC	 	L AND D INTERNATIONAL CO., LTD.	 	KR	 	04/22/2004	 	05/17/2004	 	 	12,810.00	 USD
	331597
	 	JONE0661G02399	 	HNK	 	IMLC	 	SE YANG INDUSTRIAL CO LTD.	 	KR	 	04/22/2004	 	05/20/2004	 	 	15,970.50	 USD
	331598
	 	JONE0662G02407	 	HNK	 	IMLC	 	HANA TEXTILES CO., LTD.	 	KR	 	04/22/2004	 	05/25/2004	 	 	17,062.50	 USD
	331599
	 	JONE0663W02174	 	HNK	 	IMLC	 	GEO MUCK CO. LTD.	 	KR	 	04/22/2004	 	05/22/2004	 	 	1,391.04	 USD
	334050
	 	JONE0664D08499	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	04/22/2004	 	05/12/2004	 	 	29,756.16	 USD
	334051
	 	JONE0665D08408	 	HNK	 	IMLC	 	TESSILGODI S.P.A.	 	IT	 	04/22/2004	 	06/04/2004	 	 	27,188.70	 USD
	334052
	 	JONE0666D08493	 	HNK	 	IMLC	 	MIGOTEX S.R.L.	 	IT	 	04/22/2004	 	06/14/2004	 	 	40,954.20	 USD
	334053
	 	JONE0667D08389	 	HNK	 	IMLC	 	YUNISAN YUNLU SANAYI	 	TR	 	04/22/2004	 	05/25/2004	 	 	63,063.00	 USD
	334054
	 	JONE0668D08499	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	04/22/2004	 	05/12/2004	 	 	29,756.16	 USD
	334055
	 	JONE0669D08321	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	04/22/2004	 	05/10/2004	 	 	57,741.60	 USD
	334056
	 	JONE0670D08452	 	HNK	 	IMLC	 	TESSIL GROSSO S.R.L.	 	IT	 	04/22/2004	 	06/25/2004	 	 	49,665.00	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 
	

	 	Wachovia Bank, N.A.
	 	Page: 15
	 	 	 	 
	 	Outstanding Summary Report
	 	Date: 04/30/2004
	 	 	 	 
	 	For Applicant: JONES APPAREL GROUP USA INC.	 	 

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	334057
	 	JONE0671D08542	 	HNK	 	IMLC	 	QINGDAO DONGLIM PLUSH CO., LTD.	 	C1	 	04/22/2004	 	06/01/2004	 	 	7,203.00	 USD
	334058
	 	JONE0672D08318	 	HNK	 	IMLC	 	MANUFACTURE F. CLARENSON	 	FR	 	04/22/2004	 	06/14/2004	 	 	340,964.40	 USD
	334059
	 	JONE0673E03504	 	HNK	 	IMLC	 	KURABO INDUSTRIES LTD., HONG KONG	 	HK	 	04/22/2004	 	05/15/2004	 	 	146,827.80	 USD
	334060
	 	JONE0674D08448	 	HNK	 	IMLC	 	KEN TRADING	 	JP	 	04/26/2004	 	05/25/2004	 	 	22,286.25	 USD
	334062
	 	JONE0676D08345	 	HNK	 	IMLC	 	MITSUI AND CO. LTD.	 	JP	 	04/26/2004	 	05/10/2004	 	 	197,400.00	 USD
	334063
	 	JONE0677D08318	 	HNK	 	IMLC	 	CLARENSON	 	FR	 	04/26/2004	 	05/20/2004	 	 	258,066.90	 USD
	334064
	 	JONE0682BLANKET	 	HNK	 	IMLC	 	PT DAESE GARMIN	 	ID	 	04/26/2004	 	06/09/2004	 	 	60,442.20	 USD
	334065
	 	JONE0683JG4315	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	04/26/2004	 	09/07/2004	 	 	42,000.00	 USD
	334066
	 	JONE0684JG4316	 	HNK	 	IMLC	 	THAI KNITTING FACTORY CO., LTD.	 	TH	 	04/26/2004	 	08/18/2004	 	 	13,266.75	 USD
	334067
	 	JONE0685JG4317	 	HNK	 	IMLC	 	DOKO (HONG KONG)LTD	 	HK	 	04/26/2004	 	05/24/2004	 	 	15,478.68	 USD
	334068
	 	JONE0686JG4309	 	HNK	 	IMLC	 	EXCELLENT JADE LIMITED	 	HK	 	04/26/2004	 	05/25/2004	 	 	95,497.15	 USD
	334069
	 	JONE0687JG4284	 	HNK	 	IMLC	 	HONG KONG SHUERTAI CO., LTD.	 	HK	 	04/26/2004	 	05/11/2004	 	 	69,865.95	 USD
	334070
	 	JONE0688JG4243	 	HNK	 	IMLC	 	FORNTON KNITTING CO., LTD.	 	HK	 	04/26/2004	 	05/20/2004	 	 	59,202.00	 USD
	334071
	 	JONE0689JG4318	 	HNK	 	IMLC	 	SLITHER LTD.	 	HK	 	04/26/2004	 	05/30/2004	 	 	9,606.66	 USD
	334072
	 	JONE0690WLC413EC	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	04/26/2004	 	05/19/2004	 	 	30,608.86	 USD
	334073
	 	JONE0691WLC414EC	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	04/26/2004	 	05/19/2004	 	 	96,804.03	 USD
	334074
	 	JONE0692WLC425SL	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	04/26/2004	 	05/12/2004	 	 	92,424.48	 USD
	334075
	 	JONE0693WLC426SL	 	HNK	 	IMLC	 	HIGH FASHION GARMENTS CO. LTD.	 	HK	 	04/26/2004	 	05/19/2004	 	 	63,739.59	 USD
	334076
	 	JONE0694JEV175R1	 	HNK	 	IMLC	 	HYUNJIN APPAREL CO., LTD.	 	KR	 	04/26/2004	 	07/05/2004	 	 	470,362.86	 USD
	334077
	 	JONE0695JEV59LY1	 	HNK	 	IMLC	 	HAN SAE CO., LTD.	 	KR	 	04/26/2004	 	07/08/2004	 	 	239,967.59	 USD
	334078
	 	JONE0696LAY46	 	HNK	 	IMLC	 	HEDEF KONFEKSIYON VE TEKSTIL	 	TR	 	04/26/2004	 	05/30/2004	 	 	46,138.85	 USD
	334080
	 	JONE0679D08354	 	HNK	 	IMLC	 	MANIFATURRA TESSILE NEW LINE SPA	 	IT	 	04/28/2004	 	05/20/2004	 	 	44,688.00	 USD
	334081
	 	JONE0680D08338	 	HNK	 	IMLC	 	TESSILGODI S.P.A.	 	IT	 	04/28/2004	 	05/25/2004	 	 	49,434.00	 USD
	334082
	 	JONE0697JG4314	 	HNK	 	IMLC	 	DOKO (HONG KONG)LTD	 	HK	 	04/28/2004	 	06/05/2004	 	 	37,193.88	 USD
	334083
	 	JONE0698JG4300	 	HNK	 	IMLC	 	WISEKNIT FACTORY LTD.	 	HK	 	04/28/2004	 	06/30/2004	 	 	172,058.65	 USD
	334084
	 	JONE0699JG4287	 	HNK	 	IMLC	 	BUSINESS FAITH INTERNATIONAL LTD.	 	HK	 	04/28/2004	 	06/06/2004	 	 	136,072.60	 USD
	334085
	 	JONE0700JG4289	 	HNK	 	IMLC	 	DOMINANT GARMENTS FTY LTD.	 	HK	 	04/28/2004	 	06/30/2004	 	 	331,580.77	 USD
	334086
	 	JONE0701JG4325	 	HNK	 	IMLC	 	P.T. CITRA ABADI SEJATI	 	ID	 	04/28/2004	 	06/10/2004	 	 	6,503.44	 USD
	334087
	 	JONE0702JG4310	 	HNK	 	IMLC	 	CHINAMINE TRADING LTD.	 	HK	 	04/28/2004	 	05/26/2004	 	 	221,227.29	 USD
	334088
	 	JONE0703JG4329	 	HNK	 	IMLC	 	EXCELLENT JADE LIMITED	 	HK	 	04/28/2004	 	06/08/2004	 	 	24,555.31	 USD

OSTSMY.RDF

 

 

     

	 	 	 	 	 
	

	 	Wachovia Bank, N.A.
	 	Page: 16
	 	 	 	 
	 	Outstanding Summary Report
	 	Date: 04/30/2004
	 	 	 	 
	 	For Applicant: JONES APPAREL GROUP USA INC.	 	 

Applicant Name: JONES APPAREL GROUP USA,INC.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L/C Bank	 	 	 	 	 	 	 	 	 	 	 	Opening	 	Expiry	 	L/C Equiv
	Reference	 	L/C Cust Reference	 	Site	 	Trans	 	Beneficiary	 	Ctry	 	Date	 	Date	 	Liability Balance
	334089
	 	JONE0704JG4337	 	HNK	 	IMLC	 	FORMOSTAR GARMENT CO., LTD.	 	TW	 	04/28/2004	 	05/30/2004	 	 	8,431.46	 USD
	334090
	 	JONE0705JG4320	 	HNK	 	IMLC	 	VIMCHAMP GARMENTS LIMITED	 	HK	 	04/28/2004	 	06/09/2004	 	 	18,228.42	 USD
	334091
	 	JONE0706JSIG-46L	 	HNK	 	IMLC	 	ONE YOUNG INDUSTRIAL  CO., LTD.	 	KR	 	04/28/2004	 	06/04/2004	 	 	98,567.79	 USD
	334092
	 	JONE0707JTK423A	 	HNK	 	IMLC	 	HAN SAE  CO., LTD.	 	KR	 	04/28/2004	 	06/05/2004	 	 	105,598.71	 USD
	334093
	 	JONE0708NNB001-A	 	HNK	 	IMLC	 	HAEYANG KNITTING FACTORY LTD	 	KR	 	04/28/2004	 	06/05/2004	 	 	42,893.24	 USD
	334094
	 	JONE0710MA00501	 	HNK	 	IMLC	 	MANIFATURRA TESSILE NEW LINE SPA	 	IT	 	04/28/2004	 	06/20/2004	 	 	197,025.68	 USD
	334095
	 	JONE0711D08542	 	HNK	 	IMLC	 	QINGDAO DONGLIM PLUSH  CO., LTD.	 	C1	 	04/28/2004	 	06/02/2004	 	 	7,203.00	 USD
	334096
	 	JONE0712D08402	 	HNK	 	IMLC	 	LANIFICIO TEXCO S.P.A.	 	IT	 	04/28/2004	 	06/09/2004	 	 	149,814.00	 USD
	334097
	 	JONE0713D08424	 	HNK	 	IMLC	 	LANIFICIO CAVERNI AND GRAMIGNI SPA	 	IT	 	04/28/2004	 	06/09/2004	 	 	57,939.00	 USD
	334098
	 	JONE0714NA01368	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	04/28/2004	 	05/22/2004	 	 	80,260.53	 USD
	334099
	 	JONE0715NA01363	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	04/28/2004	 	05/29/2004	 	 	21,498.75	 USD
	334100
	 	JONE0716NA01391	 	HNK	 	IMLC	 	BTD TEKSTIL LTD	 	TR	 	04/28/2004	 	06/19/2004	 	 	68,544.00	 USD
	334101
	 	JONE0717NA01236	 	HNK	 	IMLC	 	MENSA	 	TR	 	04/28/2004	 	05/15/2004	 	 	21,225.75	 USD
	334102
	 	JONE0718MA00462	 	HNK	 	IMLC	 	ABRAHAM MOON AND SONS LIMITED	 	GB	 	04/30/2004	 	06/15/2004	 	 	206,143.61	 USD
	334103
	 	JONE0719D08343	 	HNK	 	IMLC	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	TR	 	04/30/2004	 	05/29/2004	 	 	49,474.43	 USD
	334104
	 	JONE0720NA01209	 	HNK	 	IMLC	 	LANIFICIO NELLO GORI S.P.A.	 	IT	 	04/30/2004	 	05/25/2004	 	 	42,903.00	 USD
	334105
	 	JONE0721JG4327	 	HNK	 	IMLC	 	AUTOMOBILE FASHIONS  CO., LTD	 	TW	 	04/30/2004	 	05/15/2004	 	 	15,653.63	 USD
	334106
	 	JONE0722JG4239	 	HNK	 	IMLC	 	KWIN HING KNITTING FTY. LTD.	 	HK	 	04/30/2004	 	07/07/2004	 	 	161,274.62	 USD
	334107
	 	JONE0723JG4331	 	HNK	 	IMLC	 	DOKO (HONG KONG)LTD	 	HK	 	04/30/2004	 	06/08/2004	 	 	167,241.69	 USD
	334108
	 	JONE0724JG4330	 	HNK	 	IMLC	 	DOKO (HONG KONG)LTD	 	HK	 	04/30/2004	 	06/15/2004	 	 	52,860.90	 USD
	334109
	 	JONE0725JEV70LY1	 	HNK	 	IMLC	 	HYUNJIN APPAREL  CO., LTD.	 	KR	 	04/30/2004	 	07/06/2004	 	 	182,701.21	 USD
	334110
	 	JONE0726JTK-419A	 	HNK	 	IMLC	 	HAN SAE  CO., LTD.	 	KR	 	04/30/2004	 	06/05/2004	 	 	114,345.00	 USD
	334111
	 	JONE0727JSI0427A	 	HNK	 	IMLC	 	HAN SAE  CO., LTD.	 	KR	 	04/30/2004	 	06/07/2004	 	 	300,859.77	 USD
	334112
	 	JONE0728JSI-0427	 	HNK	 	IMLC	 	POONGIN TRADING  CO., LTD.	 	KR	 	04/30/2004	 	06/14/2004	 	 	109,617.97	 USD
	334113
	 	JONE0729JSI0427B	 	HNK	 	IMLC	 	HAN SAE  CO., LTD.	 	KR	 	04/30/2004	 	06/14/2004	 	 	515,338.90	 USD
	334114
	 	JONE0730AGKE226	 	HNK	 	IMLC	 	KISH EXPORTS LIMITED	 	IN	 	04/30/2004	 	06/14/2004	 	 	50,037.00	 USD
	334115
	 	JONE0731AGKE224	 	HNK	 	IMLC	 	KISH EXPORTS LIMITED	 	IN	 	04/30/2004	 	06/14/2004	 	 	275,815.90	 USD
	 	 	 	 	 	 	 	 	 	 	 	 	Appl Name Total:	 	 	114,686,584.50	 
	 
	 	 	 	 	 	 	 	 	 	 	 	Total:	 	 	 	 	114,686,584.50	 

OSTSMY.RDF

 

 

     

	 	 	 	 	 
	

	 	Wachovia Bank, N.A.
	 	Page: 17
	 	
Outstanding Summary Report
	 	
Date: 04/30/2004
	 	
For Applicant: JONES APPAREL GROUP USA INC.	 	 

BA/ACCPT Summary:

Total:                   
                

 

*** END OF OUTSTANDING SUMMARY REPORT

OSTSMY.RDF

 

 

			
	Trade Info Exchange
	 	Page 1 of 1

L/C Import

	 	 	 
	Outstanding Summary
	 	Selected

Fri Apr 30 07:07:11 EDT 2004

Download

Results: (1 — 5) of 5

Go To Page: 1 | Totals

Date range selected : as of 04/30/2004

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Global	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Customer	 	 	 	Applicant	 	 	 	 	 	Item	 	 	Base	 	 	Base	 	 
	ID	 	DDA Account	 	Name	 	Location	 	Liability Type	 	(s)	 	 	Outstanding	 	 	CCY	 	???
	B000005723
	 	000000020918917	 	JONES APPAREL GROUP CANADA, INC.	 	JPMorgan New York	 	Airway Release L/C	 	 	1	 	 	 	1,642.90	 	 	USD	 	???
	 
	 	 	 	 	 	 	 	(Non-Liability Total)	 	 	1	 	 	 	1,642.90	 	 	USD	 	???
	 
	 	 	 	 	 	 	 	Irrevoc L/C Import Sight	 	 	118	 	 	 	1,958,450.72	 	 	USD	 	???
	 
	 	 	 	 	 	 	 	(Liability Total)	 	 	118	 	 	 	1,958,450.72	 	 	USD	 	???
	 
	 	 	 	 	 	 	 	(Grand Total)	 	 	119	 	 	 	1,960,093.62	 	 	USD	 	???

Copyright © 2004, J.P. Morgan Chase & Co. All rights reserved.

 

 

			
	Trade Info Exchange
	 	Page 1 of 1

L/C Import

			
	Outstanding Summary
	 	selected

Fri Apr 30 07:07:57 EDT 2004

Download

Results: (1 — 10) of 10

Go To Page: 1 | Totals

Date range selected : as of 04/30/2004

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Global	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Customer	 	 	 	Applicant	 	 	 	 	 	Item	 	 	Base	 	 	Base	 	 
	ID	 	DDA Account	 	Name	 	Location	 	Liability Type	 	(s)	 	 	Outstanding	 	 	CCY	???	 
	B000005738
	 	000000444382461	 	JONES APPAREL OF TEXAS,LTD	 	JPMorgan New York	 	Airway Release L/C	 	 	4	 	 	 	60,354.75	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	Global LC S/S Memo	 	 	4	 	 	 	428,259.97	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	(Non-Liablility Total)	 	 	8	 	 	 	488,614.72	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	Acceptance	 	 	7	 	 	 	575,921.15	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	Irrevoc L/C Import Sight	 	 	115	 	 	 	26,755,033.14	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	Irrevoc L/C Import Time	 	 	3	 	 	 	1,465,532.85	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	Irrevoc L/C Standby Sight	 	 	2	 	 	 	467,500.00	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	Steamship L/C	 	 	7	 	 	 	100,941.46	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	(Liability Total)	 	 	134	 	 	 	29,364,928.60	 	 	USD	???	 
	 
	 	 	 	 	 	 	 	(Grand Total)	 	 	142	 	 	 	29,853,543.32	 	 	USD	???	 

Copyright © 2004, J.P. Morgan Chase & Co. All rights reserved.

 

 

     

	 	 	 	 	 

	
	 	Outstanding Report — Import LC
	 	Report as of 30-Apr-04

Page 1 of 7

	 	 	 	 	 	 	 	 	 
	Customer	 	Total Items	 	 	Total Amount (USD Eqv)	 
	NORTON MCNAUGHTON OF SQUIRE INC
	 	 	270	 	 	 	55,621,297.19	 
	 
	 
	 	 	270	 	 	 	55,621,297.19	 

NORTON MCNAUGHTON OF SQUIRE INC (6055 — 89208)

Total Items: 270

Total Outstanding Amount (USD Equivalent): 55,621,297.19

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Outstanding	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lc Ref No	 	CAR Ref	 	Customer Ref	 	Curr	 	Balance	 	 	USD Eqv	 	 	Issue Date	 	Expiry Date	 	Tenor	 	Beneficiary	 	Ben Country
	IM371709/03
	 	2399NMCNHK	 	HK1H0408NM	 	USD	 	 	863,937.00	 	 	 	863,937.00	 	 	04-Apr-03	 	14-Jun-03	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM371728/03
	 	2401NMCNHK	 	HK1H0410NM	 	USD	 	 	458,581.80	 	 	 	458,581.80	 	 	4-Apr-03	 	14-Jun-03	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM382823/03
	 	2895NMCNHK	 	HK1H0906BA	 	USD	 	 	1,736.64	 	 	 	1,736.64	 	 	21-Jul-03	 	31-Dec-03	 	0	 	STANDTEX COMPANY LTD.	 	TAIWAN
	IM385044/03
	 	3021NMCNHK	 	HK1H1033811GV	 	USD	 	 	68,488.18	 	 	 	68,488.18	 	 	14-Aug-03	 	1-Dec-03	 	0	 	MAVITEX	 	MADAGASCAR
	IM387275/03
	 	3105NMCNHK	 	HK1H111794GV	 	USD	 	 	128,577.33	 	 	 	128,577.33	 	 	09-Sep-03	 	27-Feb-04	 	0	 	HI TECH TEXTILE	 	JORDAN
	IM388376/03
	 	3155NMONHK	 	HK1H1168ME520	 	USD	 	 	9,151.20	 	 	 	9,151.20	 	 	22-Sep-03	 	14-Jan-04	 	0	 	JYOTI APPARELS	 	INDIA
	IM390649/03
	 	3317NMCNHK	 	HK1H1329GV	 	USD	 	 	47,146.04	 	 	 	47,146.04	 	 	24-Oct-03	 	20-Mar-04	 	0	 	EGYPTIAN INTERNATIONAL COMPANY	 	EGYPT
	IM391653/03
	 	3345NMCNHK	 	HK1H1356GV	 	USD	 	 	15,847.00	 	 	 	15,847.00	 	 	30-Oct-03	 	20-Nov-03	 	90	 	GLOBAL CENTURY TRADING LIMITED	 	HONG KONG
	IM394357/03
	 	3381NMCNHK	 	HK1H1492NM	 	USD	 	 	97,548.32	 	 	 	97,548.32	 	 	02-Dec-03	 	22-Apr-04	 	0	 	PEARL BUYING SERVICES(PVT) LTD	 	BANGLADESH
	IM395222/03
	 	3536NMCNHK	 	HK1H1547GC	 	USD	 	 	69,325.42	 	 	 	69,325.42	 	 	08-Dec-03	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM395224/03
	 	3538NMCNHK	 	HK1H1549EP	 	USD	 	 	48,059.03	 	 	 	48,059.03	 	 	08-Dec-03	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM395231/03
	 	3540NMCNHK	 	HK1H1551BA	 	USD	 	 	505,918.62	 	 	 	505,918.62	 	 	08-Dec-03	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM395232/03
	 	3541NMCNHK	 	HK1H1552JW	 	USD	 	 	204,000.00	 	 	 	204,000.00	 	 	08-Dec-03	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM395715/03
	 	3565NMCNHK	 	HK1H1576NM	 	USD	 	 	310,293.40	 	 	 	310,293.40	 	 	11-Dec-03	 	13-Feb-04	 	0	 	DUCK HUNG TRADING CO., LTD.	 	KOREA REPUBLIC
	IM396195/03
	 	3474NMCNHK	 	HK1H1485NM	 	USD	 	 	550,786.28	 	 	 	550,786.28	 	 	16-Dec-03	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM396355/03
	 	TD6055000320	 	DOJI1598NC	 	USD	 	 	128,169.94	 	 	 	128,169.94	 	 	18-Dec-03	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM396830/03
	 	TD6055000320	 	DOJI5991851JJ	 	USD	 	 	30,866.13	 	 	 	30,866.13	 	 	23-Dec-03	 	4-May-04	 	0	 	GOLDTREND ENTERPRISES LTD.	 	HONG KONG
	IM396955/03
	 	TD6055000320	 	DOJI1601JS	 	USD	 	 	397,800.00	 	 	 	397,800.00	 	 	24-Dec-03	 	30-May-04	 	0	 	PACIFIC YEE LIK CO.LTD	 	HONG KONG
	IM396956/03
	 	TD6055000320	 	DOJI1602NC	 	USD	 	 	30,600.00	 	 	 	30,600.00	 	 	24-Dec-03	 	30-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM397894/04
	 	TD6055000320	 	DOJI00011853JJ	 	USD	 	 	57,508.50	 	 	 	57,508.50	 	 	09-Jan-04	 	20-Apr-04	 	0	 	FORTUNELY INTERNATIONAL LTD.	 	HONG KONG
	IM397896/04
	 	TD6055000320	 	DOJI00031855JJ	 	USD	 	 	87,589.66	 	 	 	87,589.66	 	 	09-Jan-04	 	21-Jun-04	 	0	 	FORTUNELY INTERNATIONAL LTD.	 	HONG KONG
	IM397899/04
	 	TD6055000320	 	DOJI00061859JJ	 	USD	 	 	841,037.50	 	 	 	841,037.50	 	 	09-Jan-04	 	07-Jun-04	 	0	 	FORTUNELY INTERNATIONAL LTD.	 	HONG KONG
	IM397901/04
	 	TD6055000320	 	DOJI00081861JJ	 	USD	 	 	2,313,867.82	 	 	 	2,313,867.82	 	 	09-Jan-04	 	25-Jun-04	 	0	 	FORTUNELY INTERNATIONAL LTD.	 	HONG KONG
	IM397917/04
	 	TD6055000320	 	DOJI00141871JJ	 	USD	 	 	1,397,795.78	 	 	 	1,397,795.78	 	 	09-Jan-04	 	09-Jul-04	 	0	 	GARTEX KNITTING FTY LTD.	 	HONG KONG
	IM397920/04
	 	TD6055000320	 	DOJI00171874JJ	 	USD	 	 	135,661.95	 	 	 	135,661.95	 	 	09-Jan-04	 	17-May-04	 	0	 	HONG KONG KNITTERS LTD.	 	HONG KONG
	IM397922/04
	 	TD6055000320	 	DOJI00101863JJ	 	USD	 	 	407,902.89	 	 	 	407,902.89	 	 	12-Jan-04	 	17-May-04	 	0	 	MING TAI KNITTING GARMENT FTY LTD	 	HONS KONG
	IM397916/04
	 	TD6055000320	 	DOJI00131870JJ	 	USD	 	 	406,658.78	 	 	 	406,658.78	 	 	12-Jan-04	 	19-May-04	 	0	 	KING STAR GARMENT HONDURAS S.
D[ILLIGIBLE]	 	TAIWAN
	IM398014/04
	 	TD6055000320	 	DOJI00341878JJ	 	USD	 	 	463,589.23	 	 	 	463,589.23	 	 	12-Jan-04	 	30-Apr-04	 	0	 	EROS CAMASIRLARI A.S	 	TURKEY

 

 

     

	 	 	 	 	 

	
	 	Outstanding Report — Import LC
	 	Report as of 30-Apr-04

Page 2 of 7

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Outstanding	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lc Ref No	 	CAR Ref	 	Customer Ref	 	Curr	 	Balance	 	 	USD Eqv	 	 	Issue Date	 	Expiry Date	 	Tenor	 	Beneficiary	 	Ben Country
	IM398325/04
	 	TD6055000320	 	DOJI0036NM	 	USD	 	 	754,051.02	 	 	 	754,051.02	 	 	14-Jan-04	 	07-May-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM398328/04
	 	TD6055000320	 	DOJI0039JS	 	USD	 	 	107,551.90	 	 	 	107,551.90	 	 	14-Jan-04	 	30-Apr-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM398329/04
	 	TD6055000320	 	DOJI0040NC	 	USD	 	 	19,015.30	 	 	 	19,015.30	 	 	14-Jan-04	 	30-Apr-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM398330/04
	 	TD6055000320	 	DOJI0041NM	 	USD	 	 	46,117.02	 	 	 	46,117.02	 	 	14-Jan-04	 	07-May-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM398331/04
	 	TD6055000320	 	DOJI0042NM	 	USD	 	 	2,453.60	 	 	 	2,453.60	 	 	14-Jan-04	 	30-Apr-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM399157/04
	 	TD6055000320	 	DOJI0049NM	 	USD	 	 	68,069.70	 	 	 	68,069.70	 	 	23-Jan-04	 	23-Apr-04	 	0	 	HSIN LING ENTERRISE CO., LTD.	 	TAIWAN
	IM400045/04
	 	TD6055000320	 	DOJI00651885JJ	 	USD	 	 	131,722.08	 	 	 	131,722.08	 	 	05-Feb-04	 	11-May-04	 	0	 	GOLDTREND ENTERPRISES LTD.	 	HONG KONG
	IM400047/04
	 	TD6055000320	 	DOJI00671882JJ	 	USD	 	 	387,177.10	 	 	 	387,177.10	 	 	05-Feb 04	 	21-Jun-04	 	0	 	SAN WAI GARMENT FACTORY	 	MACAO
	IM400048/04
	 	TD6055000320	 	DOJI00681883JJ	 	USD	 	 	80,483.30	 	 	 	80,483.30	 	 	06-Feb-04	 	24-May-04	 	0	 	SAN WAI GARMENT FACTORY	 	MACAO
	IM400098/04
	 	TD6055000320	 	DOJI00701881JJ	 	USD	 	 	291,375.00	 	 	 	291,375.00	 	 	06-Feb-04	 	30-May-04	 	0	 	CREAT KNITWEAR CO., LTD.	 	TAIWAN
	IM400228/04
	 	TD6055000320	 	DOJI0071NM	 	USD	 	 	79,405.78	 	 	 	79,405.78	 	 	10-Feb-04	 	04-May 04	 	0	 	NINGBO FANHUA WOLLEN SWEATER	 	CHINA
	IM400229/04
	 	TD6055000320	 	DOJI0072NM	 	USD	 	 	16,608.15	 	 	 	16,608.15	 	 	10-Feb-04	 	04-May 04	 	0	 	WANG HING KNITTING FACTORY LTD.	 	HONG KONG
	IM400233/04
	 	TD6055000321	 	DOJI0076JW	 	USD	 	 	31,826.52	 	 	 	31,826.52	 	 	10-Feb-04	 	06-May-04	 	0	 	SKYLITE APPARELS	 	HONG KONG
	IM400236/04
	 	TD6055000321	 	DOJI00791890JJ	 	USD	 	 	602.00	 	 	 	602.00	 	 	10-Feb-04	 	27-Apr-04	 	0	 	WELL FULL GARMENT FACTORY LTD.	 	MACAO
	IM400237/04
	 	TD6055000321	 	DOJI00801887JJ	 	USD	 	 	1,600.00	 	 	 	1,600.00	 	 	10-Feb-04	 	27-Apr-04	 	0	 	FORTUNELY INTERNATIONAL LTD.	 	HONG KONG
	IM400550/04
	 	TD6055000321	 	DOJI0082EP	 	USD	 	 	9,353.20	 	 	 	9,353.20	 	 	13-Feb-04	 	11-May-04	 	0	 	DO1 MARKETING SERVICE	 	KOREA REPUBLIC
	IM400551/04
	 	TD6055000321	 	DOJI0083EP	 	USD	 	 	95,697.12	 	 	 	95,697.12	 	 	13-Feb-04	 	11-May-04	 	0	 	DUCK HUNG TRADING CO., LTD.	 	KOREA REPUBLIC
	IM400552/04
	 	TD6055000321	 	DOJI0084JW	 	USD	 	 	8,011.08	 	 	 	8,011.08	 	 	13-Feb-04	 	07-May-04	 	0	 	DUCK HUNG TRADING CO., LTD.	 	KOREA REPUBLIC
	IM400554/04
	 	TD6055000321	 	DOJI0086NC	 	USD	 	 	86,900.43	 	 	 	86,900.43	 	 	13-Feb-04	 	27-Apr-04	 	0	 	KING BEST INDUSTRIAL LTD.	 	HONG KONG
	IM400573/04
	 	TD6055000321	 	DOJI00901898JJ	 	USD	 	 	1,999,635.12	 	 	 	1,999,635.12	 	 	13-Feb-04	 	14-Aug-04	 	0	 	WELSON TRADING LIMITED.	 	TAIWAN
	IM400574/04
	 	TP6055000321	 	DOJI00911886LN	 	USD	 	 	1,689,116.68	 	 	 	1,689,116.68	 	 	13-Feb-04	 	08-Jun-04	 	0	 	INDOSHEEN INC.C O HANA	 	UNITED STATES
	IM400700/04
	 	TD6055000321	 	DOJI0094BA	 	USD	 	 	132,242.39	 	 	 	132,242.39	 	 	14-Feb-04	 	05 May 04	 	0	 	DO1 MARKETING SERVICE	 	KOREA REPUBLIC
	IM400704/04
	 	TD6055000321	 	DOJI0098NM	 	USD	 	 	3,279.25	 	 	 	3,279.25	 	 	14-Feb-04	 	25-Apr-04	 	0	 	JUNG HWA KOREA CO.,LTD.	 	KOREA REPUBLIC
	IM401033/04
	 	TD6055000321	 	DOJI0104NM	 	USD	 	 	510,000.00	 	 	 	510,000.00	 	 	19-Feb-04	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401045/04
	 	TD6055000321	 	DOJI0105NM	 	USD	 	 	459,000.00	 	 	 	459,000.00	 	 	19-Feb-04	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401034/04
	 	TD6055000321	 	DOJI0106AL	 	USD	 	 	153,000.00	 	 	 	153,000.00	 	 	19-Feb-04	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401046/04
	 	TD6055000321	 	DOJI0107NC	 	USD	 	 	204,000.00	 	 	 	204,000.00	 	 	19-Feb-04	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401035/04
	 	TD6055000321	 	DOJI0108BA	 	USD	 	 	255,000.00	 	 	 	255,000.00	 	 	19-Feb-04	 	15-May-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401036/04
	 	TD6055000321	 	DOJI0109NM	 	USD	 	 	459,000.00	 	 	 	459,000.00	 	 	19-Feb-04	 	14-Jun-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401047/04
	 	TD6055000321	 	DOJI0110NM	 	USD	 	 	714,000.00	 	 	 	714,000.00	 	 	19-Feb-04	 	14-Jun-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401048/04
	 	TD6055000321	 	DOJI0111NM	 	USD	 	 	204,000.00	 	 	 	204,000.00	 	 	19-Feb-04	 	14-Jun-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401037/04
	 	TD6055000321	 	DOJI0112AL	 	USD	 	 	204,000.00	 	 	 	204,000.00	 	 	19-Feb-04	 	14-Jun-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401038/04
	 	TD6055000321	 	DOJI0113BA	 	USD	 	 	204,000.00	 	 	 	204,000.00	 	 	19-Feb-04	 	14-Jun-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM401039/04
	 	TD6055000321	 	DOJI0114EP	 	USD	 	 	266,340.87	 	 	 	266,340.87	 	 	19-Feb-04	 	11-May-04	 	0	 	HONG KONG SHUERTAI CO. LTD.	 	HONG KONG
	IM401041/04
	 	TD6055000321	 	DOJI0116JW	 	USD	 	 	102,892.30	 	 	 	102,892.30	 	 	19-Feb-04	 	11-May-04	 	0	 	HONG KONG SHUERTAI CO. LTD.	 	HONG KONG
	IM401049/04
	 	TD6055000321	 	DOJI0117NC	 	USD	 	 	155,537.25	 	 	 	155,537.25	 	 	19-Feb-04	 	09-Jun-04	 	0	 	HONG KONG SHUERTAI CO. LTD.	 	HONG KONG
	IM401042/04
	 	TD6055000321	 	DOJI0118EP	 	USD	 	 	34,357.56	 	 	 	34,357.56	 	 	19-Feb-04	 	11-May-04	 	0	 	HONG KONG SHUERTAI CO. LTD.	 	HONG KONG
	IM401050/04
	 	TD6055000321	 	DOJI0119NC	 	USD	 	 	236,229.25	 	 	 	236,229.25	 	 	19-Feb-04	 	30-May-04	 	0	 	SUHCHEON COMPANY, LTD.	 	KOREA REPUBLIC
	IM401043/04
	 	TD6055000321	 	DOJI0122NC	 	USD	 	 	61,701.84	 	 	 	61,701.84	 	 	19-Feb-04	 	20-May-04	 	0	 	THE HONESTIEST ENTERPRISE CO. LTD.	 	TAIWAN
	IM401300/04
	 	TD6055000321	 	DOJI0125BA	 	USD	 	 	21,040.80	 	 	 	21,040.80	 	 	21-Feb-04	 	14-Apr-04	 	0	 	CHUNG SHING TEXTILE CO., LTD.	 	TAIWAN
	IM401301/04
	 	TD6055000321	 	DOJI0126NM	 	USD	 	 	3,110.05	 	 	 	3,110.05	 	 	21-Feb-04	 	26-Apr-04	 	0	 	STANDTEX COMPANY LTD.	 	TAIWAN
	IM401302/04
	 	TD6055000321	 	DOJI01271902JJ	 	USD	 	 	4,596.93	 	 	 	4,596.93	 	 	21-Feb-04	 	10-May-04	 	0	 	GARTEX KNITTING FTY LTD.	 	HONG KONG
	IM401303/04
	 	TD6055000321	 	DOJI01281915JJ	 	USD	 	 	571,163.28	 	 	 	571,163.28	 	 	21-Feb-04	 	06-Jul-04	 	0	 	SAN WAI GARMENT FACTORY	 	MACAO
	IM401304/04
	 	TD6055000321	 	DOJI01291918JJ	 	USD	 	 	413,222.78	 	 	 	413,222.78	 	 	21-Feb-04	 	30-Jul-04	 	0	 	E.Z. CO., LTD.	 	TAIWAN
	IM401307/04
	 	TD6055000321	 	DOJI01321921JJ	 	USD	 	 	4,458.00	 	 	 	4,458.00	 	 	21-Feb-04	 	05-May-04	 	0	 	WIN SUM INTERNATIONAL CO. LTD.	 	KOREA REPUBLIC

 

 

     

					
	
	 	Outstanding Report — Import LC
	 	Report as of 30-Apr-04

Page 3 of 7

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lc Ref No	 	CAR Ref	 	Customer Ref	 	Curr	 	Outstanding Balance	 	USD Eqv	 	Issue Date	 	Expiry Date	 	Tenor	 	Beneficiary	 	Ben Country
	IM401308/04

	 	TD6055000321
	 	DOJI01331922JJ
	 	USD
	 	 	967,176.00	 	 	 	967,176.00	 	 	21-Feb-04
	 	21-Jul-04
	 	 	0	 	 	YONGWOO MODE CO. LTD.
	 	KOREA REPUBLIC
	IM401309/04

	 	TD6055000321
	 	DOJI01341923JJ
	 	USD
	 	 	113,400.00	 	 	 	113,400.00	 	 	21-Feb-04
	 	14-Aug-04
	 	 	0	 	 	D AND S MODE CO., LTD
	 	KOREA REPUBLIC
	IM401310/04

	 	TD6055000321
	 	DOJI01351924JJ
	 	USD
	 	 	18,900.00	 	 	 	18,900.00	 	 	21-Feb-04
	 	30-May-04
	 	 	0	 	 	CY INTERNATIONAL CO., LTD
	 	KOREA REPUBLIC
	IM401639 /04

	 	TD6055000321
	 	DOJI0137JS
	 	USD
	 	 	187,067.27	 	 	 	187,067.27	 	 	26-Feb-04
	 	15-May-04
	 	 	0	 	 	MERIM CORPORATION
	 	KOREA REPUBLIC
	IM401641/04

	 	TD6055000321
	 	DOJI0139NM
	 	USD
	 	 	402,515.76	 	 	 	402,515.76	 	 	26-Feb-04
	 	29-May-04
	 	 	0	 	 	JAY ONE TRADING CORP.
	 	KOREA REPUBLIC
	IM401642 /04

	 	TD6055000321
	 	DOJI01401925JJ
	 	USD
	 	 	599,053.98	 	 	 	599,053.98	 	 	26-Feb-04
	 	14-Aug-04
	 	 	0	 	 	EVA SWEATER LTD.
	 	BANGLADESH
	IM401643 /04

	 	TD6055000321
	 	DOJI01411932JJ
	 	USD
	 	 	28,875.00	 	 	 	28,875.00	 	 	26-Peb-04
	 	17-May-04
	 	 	0	 	 	FORTUNELY INTERNATIONAL LTD.
	 	HONG KONG
	IM401644/04

	 	TD6055000321
	 	DOJI01421933JJ
	 	USD
	 	 	1,072,333.70	 	 	 	1,072,333.70	 	 	26-Feb-04
	 	12-Jul-04
	 	 	0	 	 	FORTUNELY INTERNATIONAL LTD.
	 	HONG KONG
	IM401645/04

	 	TD6055000321
	 	DOJI01431934JJ
	 	USD
	 	 	2,365,879.13	 	 	 	2,365,879.13	 	 	26-Feb-04
	 	19-Jul-04
	 	 	0	 	 	FORTUNELY INTERNATIONAL LTD.
	 	HONG KONG
	IM401656/04

	 	TD6055000321
	 	DOJI01441935JJ
	 	USD
	 	 	310,220.40	 	 	 	310,220.40	 	 	26-Feb-04
	 	12-Jun-04
	 	 	0	 	 	MING TAI KNITTING GARMENT
	 	HONG KONG
	IM401748/04

	 	TD6055000321
	 	DOJI01451937JJ
	 	USD
	 	 	216,079.50	 	 	 	216,079.50	 	 	27-Feb-04
	 	25-Apr-04
	 	 	0	 	 	DOGANLAR KONFEKSIYON SAN. VE TIC
	 	TURKEY
	IM401743/04

	 	TD6055000321
	 	DOJI0148EP
	 	USD
	 	 	20,589.70	 	 	 	20,589.70	 	 	27-Feb-04
	 	05-Jun-04
	 	 	0	 	 	BROAD INTERNATIONAL CORP.
	 	UNITED STATES
	IM401744/04

	 	TD6055000321
	 	DOJI0149EP
	 	USD
	 	 	82,229.00	 	 	 	82,229.00	 	 	27-Feb-04
	 	13-May-04
	 	 	0	 	 	TAECHANGE ENTERPRISE CO. LTD.
	 	KOREA REPUBLIC
	IM401745/04

	 	TD6055000321
	 	DOJI01501939JJ
	 	USD
	 	 	662,756.78	 	 	 	662,756.78	 	 	27-Feb-04
	 	18-Jun-04
	 	 	0	 	 	CHINA ARIA TRADING LIMITED
	 	HONG KONG
	IM401746/04

	 	TD6055000321
	 	DOJI01511938JJ
	 	USD
	 	 	941,088.15	 	 	 	941,088.15	 	 	27-Feb-04
	 	25-Jun-04
	 	 	0	 	 	CHINA ARIA TRADING LIMITED
	 	HONG KONG
	IM401747/04

	 	TD6055000321
	 	DOJI0152NM
	 	USD
	 	 	57,372.55	 	 	 	57,372.55	 	 	27-Feb-04
	 	04-May-04
	 	 	0	 	 	HSIN LING ENTERPRISE CO., LTD.
	 	TAIWAN
	IM401665/04

	 	TD6055000321
	 	DOJI01461936JJ
	 	USD
	 	 	364,599.90	 	 	 	364,599.90	 	 	02-Mar-04
	 	14-Aug-04
	 	 	0	 	 	MAC INTERNATIONAL
	 	KOREA REPUBLIC
	IM402059/04

	 	TD6055000321
	 	DOJI01531942LN
	 	USD
	 	 	58,934.10	 	 	 	58,934.10	 	 	03-Mar-04
	 	24-Apr-04
	 	 	0	 	 	LAL TEXTIL LTDA
	 	BRAZIL
	IM402140/04

	 	TD6055000321
	 	DOJI0154JS
	 	USD
	 	 	137,528.60	 	 	 	137,528.60	 	 	04-Mar-04
	 	07-May-04
	 	 	0	 	 	MUST GARMENT CORP. LTD
	 	HONG KONG
	IM402141/04

	 	TD6055000321
	 	DOJI0155GC
	 	USD
	 	 	237,265.65	 	 	 	237,265.65	 	 	04-Mar-04
	 	13-May-04
	 	 	0	 	 	BROAD INTERNATIONAL CORP.
	 	UNITED STATES
	IM402142/04

	 	TD6055000321
	 	DOJI0156BA
	 	USD
	 	 	157,904.57	 	 	 	157,904.57	 	 	04-Mar-04
	 	27-Apr-04
	 	 	0	 	 	NINGBO FANHUA WOLLEN SWEATER ???
	 	CHINA
	IM402143/04

	 	TD6055000321
	 	DOJI0157BA
	 	USD
	 	 	65,493.79	 	 	 	65,493.79	 	 	04-Mar-04
	 	04-May-04
	 	 	0	 	 	KING BEST INDUSTRIAL LTD.
	 	HONG KONG
	IM402136/04

	 	TD6055000321
	 	DOJI0158NM
	 	USD
	 	 	16,450.56	 	 	 	16,450.56	 	 	04-Mar-04
	 	18-May-04
	 	 	0	 	 	NINGBO FANHUA WOLLEN SWEATER CO.
	 	CHINA
	IM402138/04

	 	TD6055000321
	 	DOJI0160NM
	 	USD
	 	 	66,838.97	 	 	 	66,838.97	 	 	04-Mar-04
	 	11-May-04
	 	 	0	 	 	KOREA APPAREL CO., LTD
	 	KOREA REPUBLIC
	IM402287/04

	 	TD6055000321
	 	DOJI01621951JJ
	 	USD
	 	 	52,869.48	 	 	 	52,869.48	 	 	05-Mar-04
	 	14-Jun-04
	 	 	0	 	 	VICTORY CENTURY INDUSTRIES LTD.
	 	HONG KONG
	IM402281/04

	 	TD6055000321
	 	DOJI01631952JJ
	 	USD
	 	 	228,690.00	 	 	 	228,690.00	 	 	05-Mar-04
	 	30-May-04
	 	 	0	 	 	KSM LIMITED
	 	HONG KONG
	IM402282/04

	 	TD6055000321
	 	DOJI01641960JJ
	 	USD
	 	 	69,037.50	 	 	 	69,037.50	 	 	05-Mar-04
	 	17-May-04
	 	 	0	 	 	KING STAR GARMENT HONDURAS S D???
	 	TAIWAN
	IM402283/04

	 	TD6055000321
	 	DOJI01651961JJ
	 	USD
	 	 	203,097.10	 	 	 	203,097.10	 	 	05-Mar-04
	 	17-May-04
	 	 	0	 	 	GARTEX KNITTING FTY LTD.
	 	HONG KONG
	IM402284/04

	 	TD6055000321
	 	DOJI0166EP
	 	USD
	 	 	24,236.10	 	 	 	24,236.10	 	 	05-Mar-04
	 	30-Apr-04
	 	 	0	 	 	SKYLITE APPARELS
	 	HONG KONG
	IM402286/04

	 	TD6055000321
	 	DOJI0168NC
	 	USD
	 	 	126,983.20	 	 	 	126,983.20	 	 	05-Mar-04
	 	06-May-04
	 	 	0	 	 	TAECHANGE ENTERPRISE CO.,LTD.
	 	KOREA REPUBLIC
	IM402288/04

	 	TD6055000321
	 	DOJI0169NC
	 	USD
	 	 	339,088.39	 	 	 	339,088.39	 	 	05-Mar-04
	 	19-May-04
	 	 	0	 	 	INJAE TRADING COMPANY
	 	HONG KONG
	IM402289/04

	 	TD6055000321
	 	DOJI0170NC
	 	USD
	 	 	17,656.51	 	 	 	17,656.51	 	 	05-Mar-04
	 	09-Jun-04
	 	 	0	 	 	SUHCHEON COMPANY. LTD.
	 	KOREA REPUBLIC
	IM402290/04

	 	TD6055000321
	 	DOJI0171EP
	 	USD
	 	 	18,066.24	 	 	 	18,066.24	 	 	05-Mar-04
	 	27-Apr-04
	 	 	0	 	 	KING BEST INDUSTRIAL LTD.
	 	HONG KONG
	IM402291/04

	 	TD6055000321
	 	DOJI0172GC
	 	USD
	 	 	94,740.05	 	 	 	94,740.05	 	 	05-Mar-04
	 	27-Mar-04
	 	 	0	 	 	DO1 MARKETING SERVICE
	 	KOREA REPUBLIC
	IM402387/04

	 	TD6055000322
	 	DOJI0175GC
	 	USD
	 	 	428,737.50	 	 	 	428,737.50	 	 	06-Mar-04
	 	30-May-04
	 	 	0	 	 	STANDTEX COMPANY LTD.
	 	TAIWAN
	IM402388/04

	 	TD6055000322
	 	DOJI0176JS
	 	USD
	 	 	24,874.50	 	 	 	24,874.50	 	 	06-Mar-04
	 	25-Apr-04
	 	 	0	 	 	STANDTEX COMPANY LTD.
	 	TAIWAN
	IM402439/04

	 	TD6055000322
	 	DOJI01771963JJ
	 	USD
	 	 	142,480.80	 	 	 	142,480.80	 	 	09-Mar-04
	 	24-Jun-04
	 	 	0	 	 	GREAT CAPITAL GARMENT LIMITED
	 	HONG KONG
	IM402748/04

	 	TD6055000322
	 	DOJI0178AL
	 	USD
	 	 	110,621.70	 	 	 	110,621.70	 	 	11-Mar-04
	 	01-May-04
	 	 	0	 	 	STANDTEX COMPANY LTD.
	 	TAIWAN
	IM402749/04

	 	TD6055000322
	 	DOJI0179EP
	 	USD
	 	 	3,209.70	 	 	 	3,209.70	 	 	11-Mar-04
	 	01-May-04
	 	 	0	 	 	STANDTEX COMPANY LTD.
	 	TAIWAN
	IM402750/04

	 	TD6055000322
	 	DOJI0180NM
	 	USD
	 	 	391.75	 	 	 	391.75	 	 	11-Mar-04
	 	20-Apr-04
	 	 	0	 	 	STANDTEX COMPANY LTD.
	 	TAIWAN
	IM402751/04

	 	TD6055000322
	 	DOJI0181NM
	 	USD
	 	 	148,773.20	 	 	 	148,773.20	 	 	11-Mar-04
	 	01-May-04
	 	 	0	 	 	DRAGONFISH HOLDING (BVI)COMPANY
	 	TAIWAN
	IM402752/04

	 	TD6055000322
	 	DOJI01821964JJ
	 	USD
	 	 	826,309.26	 	 	 	826,309.26	 	 	11-Mar-04
	 	30-Jun-04
	 	 	0	 	 	WAI LAM MAO IEK HONG
	 	MACAO
	IM402753/04

	 	TD6055000322
	 	DOJI01831966LN
	 	USD
	 	 	425,289.06	 	 	 	425,289.06	 	 	11-Mar-04
	 	14-Jun-04
	 	 	0	 	 	SAYTAZ INTERNATIONAL
	 	BANGLADESH
	IM402754/04

	 	TD6055000322
	 	DOJI01841969JJ
	 	USD
	 	 	202,002.15	 	 	 	202,002.15	 	 	11-Mar-04
	 	09-Jun-04
	 	 	0	 	 	SPECIAL INTERNATIONAL CO. LTD
	 	TAIWAN
	IM403322/04

	 	TD6055000322
	 	DOJI01861953JJ
	 	USD
	 	 	522,597.60	 	 	 	522,597.60	 	 	18-Mar-04
	 	14-Aug-04
	 	 	0	 	 	EASY WORLD CO., LTD. KOREA
	 	KOREA REPUBLIC

 

     

	 	 	 	 	 

	

	 	Outstanding Report — Import LC
	 	Report as of 30-Apr-04 
Page 4 of 7

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lc Ref No	 	CAR Ref	 	Customer Ref	 	Curr	 	Outstanding Balance	 	 	USD Eqv	 	 	Issue Date	 	Expiry Date	 	Tenor	 	Beneficiary	 	Ben Country
	IM403323/04
	 	TD6055000322	 	DOJI01871954JJ	 	USD	 	 	23,310.00	 	 	 	23,310.00	 	 	18-Mar-04	 	30-May-04	 	0	 	LIAONING CHENGDA CO., LTD.	 	CHINA
	IM403324/04
	 	TD6055000322	 	DOJI0188BA	 	USD	 	 	72,256.80	 	 	 	72,256.80	 	 	18-Mar-04	 	20-Apr-04	 	0	 	HUXING INTERNATIONAL, INC. (NY)	 	UNITED STATES
	IM403309/04
	 	TD6055000322	 	DOJI0189JS	 	USD	 	 	230,608.33	 	 	 	230,608.33	 	 	18-Mar-04	 	14-Jun-04	 	0	 	INJAE TRADING COMPANY	 	HONG KONG
	IM403310/04
	 	TD6055000322	 	DOJI0190BA	 	USD	 	 	131,527.61	 	 	 	131,527.61	 	 	18-Mar-04	 	30-Apr-04	 	0	 	SEJEE COMPANY LTD.	 	HONG KONG
	IM403311/04
	 	TD6055000322	 	DOJI0191JS	 	USD	 	 	553,885.98	 	 	 	553,885.98	 	 	18-Mar-04	 	30-Jun-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM403312/04
	 	TD6055000322	 	DOJI0192BA	 	USD	 	 	25,265.93	 	 	 	25,265.93	 	 	18-Mar-04	 	06-Jun-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM403313/04
	 	TD6055000322	 	DOJI0193AL	 	USD	 	 	114,128.84	 	 	 	114,128.84	 	 	18-Mar-04	 	06-Jun-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM403314/04
	 	TD6055000322	 	DOJI0194EP	 	USD	 	 	64,946.06	 	 	 	64,946.06	 	 	18-Mar-04	 	30-Jun-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM403315/04
	 	TD6055000322	 	DOJI0195AL	 	USD	 	 	63,172.70	 	 	 	63,172.70	 	 	18-Mar-04	 	30-Jun-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM403316/04
	 	TD6055000322	 	DOJI0196BA	 	USD	 	 	357,000.00	 	 	 	357,000.00	 	 	18-Mar-04	 	30-Apr-04	 	0	 	PACIFIC YEE LIK CO., LTD.	 	HONG KONG
	IM403317/04
	 	TD6055000322	 	DOJI0197NM	 	USD	 	 	428,400.00	 	 	 	428,400.00	 	 	18-Mar-04	 	30-Apr-04	 	0	 	PACIFIC YEE LIK CO., LTD.	 	HONG KONG
	IM403318/04
	 	TD6055000322	 	DOJI0198NM	 	USD	 	 	229,500.00	 	 	 	229,500.00	 	 	18-Mar-04	 	31-May-04	 	0	 	 PACIFIC YEE LIK CO., LTD.	 	HONG KONG
	IM403319/04
	 	TD6055000322	 	DOJI0199NC	 	USD	 	 	387,600.00	 	 	 	387.600.00	 	 	18-Mar-04	 	31-May-04	 	0	 	PACIFIC YEE LIK CO., LTD.	 	HONG KONG
	IM403320/04
	 	TD6055000322	 	DOJI0200JW	 	USD	 	 	1,709.65	 	 	 	1,709.65	 	 	18-Mar-04	 	20-Apr-04	 	0	 	MERIMO LTD.	 	BANGLADESH
	IM403321/04
	 	TD6055000322	 	DOJI0201EP	 	USD	 	 	30.78	 	 	 	30.78	 	 	18-Mar-04	 	20-Apr-04	 	0	 	MERIMO LTD.	 	BANGLADESH
	IM403326/04
	 	TD6055000322	 	DOJI0202EP	 	USD	 	 	131,219.02	 	 	 	131,219.02	 	 	18-Mar-04	 	30-Apr-04	 	0	 	SEJEE COMPANY LTD.	 	HONG KONG
	IM403327/04
	 	TD6055000322	 	DOJI0203NC	 	USD	 	 	60,404.35	 	 	 	60,404.35	 	 	19-Mar-04	 	13-May-04	 	0	 	BROAD INTERNATIONAL CORP.	 	UNITED STATES
	IM403493/04
	 	TD6055000322	 	DOJI0204NM	 	USD	 	 	15,867.15	 	 	 	15,867.15	 	 	19-Mar-04	 	21-May-04	 	0	 	TOMEN(HKG) CO LTD.	 	HONG KONG
	IM403584/04
	 	TD6055000322	 	DOJI02061978JJ	 	USD	 	 	158,230.80	 	 	 	158,230.80	 	 	20-Mar-04	 	10-May-04	 	0	 	AG COM PAKSI SENG	 	MACAO
	IM403588/04
	 	TD6055000322	 	DOJI0208AL	 	USD	 	 	152,218.48	 	 	 	152,218.48	 	 	20-Mar-04	 	19-Mar-04	 	0	 	KOREA APPAREL CO LTD.	 	KOREA REPUBLIC
	IM403586/04
	 	TD6055000322	 	DOJI0209BA	 	USD	 	 	5,967.00	 	 	 	5,967.00	 	 	20-Mar-04	 	25-May-04	 	0	 	KING BEST INDUSTRIAL LTD.	 	HONG KONG
	IM403587/04
	 	TD6055000322	 	DOJI0210JW	 	USD	 	 	10,748.35	 	 	 	10,748.35	 	 	20-Mar-04	 	30-Apr-04	 	0	 	SKYLITE AAPARELS	 	HONG KONG
	IM403759/04
	 	TD6055000322	 	DOJI0211NC	 	USD	 	 	204,000.00	 	 	 	204,000.00	 	 	24-Mar-04	 	30-Apr-04	 	0	 	PACIFIC YEE LIK CO., LTD.	 	HONG KONG
	IM403760/04
	 	TD6055000322	 	DOJI0212NC	 	USD	 	 	142,800.00	 	 	 	142,800.00	 	 	24-Mar-04	 	30-Apr-04	 	0	 	PACIFIC YEE LIK CO., LTD.	 	HONG KONG
	IM403761/04
	 	TD6055000322	 	DOJI0213NM	 	USD	 	 	408,000.00	 	 	 	408,000.00	 	 	24-Mar-04	 	30-May-04	 	0	 	PACIFIC YEE LIK CO., LTD.	 	HONG KONG
	IM403762/04
	 	TD6055000322	 	DOJI0214JS	 	USD	 	 	163,200.00	 	 	 	163,200.00	 	 	24-Mar-04	 	30-Jun-04	 	0	 	PACIFIC YEE LIK CO., LTD.	 	HONG KONG
	IM403763/04
	 	TD6055000322	 	DOJI0215NM	 	USD	 	 	10,557.50	 	 	 	10,557.50	 	 	24-Mar-04	 	11-May-04	 	0	 	STANDTEX COMPANY LTD.	 	TAIWAN
	IM403764/04
	 	TD6055000322	 	DOJI0216NM	 	USD	 	 	16,402.75	 	 	 	16,402.75	 	 	24-Mar-04	 	21-May-04	 	0	 	STANDTEX COMPANY LTD.	 	TAIWAN
	IM404034/04
	 	TD6055000322	 	DOJI02181983JJ	 	USD	 	 	131,493.60	 	 	 	131,493.60	 	 	29-Mar-04	 	14-Aug-04	 	0	 	THE WILL-BES AND CO., LTD.	 	KOREA REPUBLIC
	IM404035/04
	 	TD6055000322	 	DOJI02191989JJ	 	USD	 	 	52,500.00	 	 	 	52,500.00	 	 	29-Mar-04	 	18-May-04	 	0	 	GOLDTREND ENTERPRISES LTD.	 	HONG KONG
	IM404039/04
	 	TD6055000322	 	DOJI02201994JJ	 	USD	 	 	60,419.10	 	 	 	60,419.10	 	 	29-Mar-04	 	30-Jun-04	 	0	 	FORTUNELY INTERNATIONAL LTD.	 	HONG KONG
	IM404036/04
	 	TD6055000322	 	DOJI02212005JJ	 	USD	 	 	113,855.70	 	 	 	113,855.70	 	 	29-Mar-04	 	28-Jun-04	 	0	 	GARTEX KNITTING FTY. LTD.	 	HONG KONG
	IM404037/04
	 	TD6055000322	 	DOJI02221985JJ	 	USD	 	 	156,177.00	 	 	 	156,177.00	 	 	29-Mar-04	 	30-Jul-04	 	0	 	CITY GROUP-PARSA KNITTING
IND. LTD.	 	BANGLADESH
	IM404038/04
	 	TD6055000322	 	DOJI02232006JJ	 	USD	 	 	22,176.00	 	 	 	22,176.00	 	 	29-Mar-04	 	07-Jun-04	 	0	 	KING STAR GARMENT HONDURAS S.D???	 	TAIWAN
	IM404040/04
	 	TD6055000322	 	DOJI0228NC	 	USD	 	 	19,281.60	 	 	 	19,281.60	 	 	29-Mar-04	 	13-May-04	 	0	 	CANSTAR INTERNATIONAL ENTERPRISE	 	CHINA
	IM404122/04
	 	TD6055000322	 	DOJI0224NM	 	USD	 	 	656,544.58	 	 	 	656,544.58	 	 	30-Mar-04	 	15-May-04	 	0	 	MERIMO LTD.	 	BANGLADESH
	IM404123/04
	 	TD6055000322	 	DOJI0225NM	 	USD	 	 	486,547.59	 	 	 	486,547.59	 	 	30-Mar-04	 	15-May-04	 	0	 	MERIM CORPORATION	 	KOREA REPUBLIC
	IM404124/04
	 	TD6055000322	 	DOJI0226JW	 	USD	 	 	91,288.57	 	 	 	91,288.57	 	 	30-Mar-04	 	15-May-04	 	0	 	MERIMO LTD.	 	BANGLADESH
	IM404125/04
	 	TD6055000322	 	DOJI0227EP	 	USD	 	 	12,306.98	 	 	 	12,306.98	 	 	30-Mar-04	 	l5-May-04	 	0	 	MERIMO LTD.	 	BANGLADESH
	IM404431/04
	 	TD6055000322	 	DOJI0229AL	 	USD	 	 	84,688.87	 	 	 	84,688.87	 	 	01-Apr-04	 	19-May-04	 	0	 	CK INTL CORP	 	KOREA REPUBLIC
	IM404432/04
	 	TD6055000322	 	DOJI0230AL	 	USD	 	 	237,953.76	 	 	 	237,953.76	 	 	01-Apr-04	 	10-Jul-04	 	0	 	 HONG KONG SHUERTAI CO., LTD.	 	HONG KONG
	IM404433/04
	 	TD6055000322	 	DOJI0231JS	 	USD	 	 	200,356.55	 	 	 	200,386.55	 	 	01-Apr-04	 	07-Jun-04	 	0	 	 DAEGU APPAREL CORPORATION	 	KOREA REPUBLIC
	IM404434/04
	 	TD6055000322	 	DOJI0232JS	 	USD	 	 	256,210.13	 	 	 	256,210.13	 	 	01-Apr-04	 	13-Jun-04	 	0	 	SEOHEUNG TRADING CO., LTD.	 	KOREA REPUBLIC
	IM404435/04
	 	TD6055000322	 	DOJI0233JS	 	USD	 	 	328,882.68	 	 	 	328,882.68	 	 	01-Apr-04	 	13-Jun-04	 	0	 	SEOHEUNG TRADING CO., LTD.	 	KOREA REPUBLIC
	IM404436/04
	 	TD6055000322	 	DOJI0234JW	 	USD	 	 	138,858.52	 	 	 	138,858.52	 	 	01-Apr-04	 	18-May-04	 	0	 	NINGBO FANHUA WOLLEN SWEATER ???	 	CHINA

 

     

					
	
	 	Outstanding Report — Import LC
	 	Report as of 30-Apr-04 

Page 5 of 7

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lc Ref No	 	CAR Ref	 	Customer Ref	 	Curr	 	Outstanding Balance	 	 	USD Eqv	 	 	Issue Date	 	Expiry Date	 	Tenor	 	Beneficiary	 	Ben Country
	IM404437/04
	 	TD6055000322	 	DOJI0235NC	 	USD	 	 	27,505.73	 	 	 	27,505.73	 	 	01-Apr-04	 	20-Apr-04	 	0	 	HUXING INTERNATIONAL, INC. (NY)	 	UNITED STATES
	IM404438/04
	 	TD6055000322	 	DOJI0236NC	 	USD	 	 	16,762.68	 	 	 	16,762.68	 	 	01-Apr-04	 	20-May-04	 	0	 	YUNG LIEN KNITWEAR MFT.CO,LTD	 	TAIWAN
	IM404439/04
	 	TD6055000322	 	DOJI0237NC	 	USD	 	 	76,443.70	 	 	 	76,443.70	 	 	01-Apr-04	 	30-Jun-04	 	0	 	CK INT’L CORP	 	KOREA REPUBLIC
	IM404440/04
	 	TD6055000322	 	DOJI0238NC	 	USD	 	 	140,485.82	 	 	 	140,485.82	 	 	01-Apr-04	 	      30-Jun-04	 	0	 	INJAE TRADING COMPANY	 	HONG KONG
	IM404441/04
	 	TD6055000322	 	DOJI0239EP	 	USD	 	 	30,761.77	 	 	 	30,761.77	 	 	01-Apr-04	 	23-May-04	 	0	 	JUNG HWA KOREA CO., LTD.	 	KOREA REPUBLIC
	IM404442/04
	 	TD6055000322	 	DOJI0240EP	 	USD	 	 	89,654.33	 	 	 	89,654.33	 	 	01-Apr-04	 	14-Jun-04	 	0	 	SAMHAN CAMBODIA FABRIC CO., LTD.	 	CAMBODIA
	IM404443/04
	 	TD6055000322	 	DOJI0241NC	 	USD	 	 	78,615.17	 	 	 	78,615.17	 	 	01-Apr-04	 	30-Jun-04	 	0	 	HAE YANG KNITTING FACTORY, LTD.	 	KOREA REPUBLIC
	IM404444/04
	 	TD6055000322	 	DOJI0242NC	 	USD	 	 	131,843.98	 	 	 	131,843.98	 	 	01-Apr-04	 	30-Jun-04	 	0	 	HAE YANG KNITTING FACTORY, LTD.	 	KOREA REPUBLIC
	IM404445/04
	 	TD6055000322	 	DOJI0243JW	 	USD	 	 	92,620.08	 	 	 	92,620.08	 	 	01-Apr-04	 	30-May-04	 	0	 	ROUSSO APPAREL GROUP (ASIA) LTD	 	HONG KONG
	IM404447/04
	 	TD6055000322	 	DOJI0246NM	 	USD	 	 	561,855.78	 	 	 	561,855.78	 	 	01-Apr-04	 	14-Sep-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM404446/04
	 	TD6055000322	 	DOJI0246JS	 	USD	 	 	309,066.68	 	 	 	309,066.68	 	 	01-Apr-04	 	30-Jul-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM404513/04
	 	TD6055000322	 	DOJI0244BA	 	USD	 	 	336,995.25	 	 	 	336,995.25	 	 	02-Apr-04	 	30-Jun-04	 	0	 	ROUSSO APPAREL GROUP (ASIA) LTD	 	HONG KONG
	IM405279/04
	 	TD6055000322	 	DOJI02472023JJ	 	USD	 	 	163,800.00	 	 	 	163,800.00	 	 	09-Apr-04	 	14-Aug-04	 	0	 	E.Z. CO., LTD.	 	TAIWAN
	IM405283/04
	 	TD6055000322	 	DOJI0248JS	 	USD	 	 	170,974.52	 	 	 	170,974.52	 	 	09-Apr-04	 	30-Aug-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM405284/04
	 	TD6055000322	 	DOJI0249NM	 	USD	 	 	48,450.95	 	 	 	48,450.95	 	 	09-Apr-04	 	30-Jul-04	 	0	 	PEARL BUYING SERVICES (PVT) LTD	 	BANGLADESH
	IM405280/04
	 	TD6055000322	 	DOJI0250JS	 	USD	 	 	190,477.28	 	 	 	190,477.28	 	 	09-Apr-04	 	10-Jun-04	 	0	 	MUST GARMENT CORP. LTD	 	HONG KONG
	IM405281/04
	 	TD6055000322	 	DOJI0251EP	 	USD	 	 	51,912.00	 	 	 	51,912.00	 	 	09-Apr-04	 	27-May-04	 	0	 	GENIE WORKS CO. LTD.	 	KOREA REPUBLIC
	IM405282/04
	 	TD6055000322	 	DOJI0252GC	 	USD	 	 	46,839.93	 	 	 	46,839.93	 	 	09-Apr-04	 	14-Jun-04	 	0	 	ALLIANCE MERCHANDISING P. LTD.	 	INDIA
	IM405439/04
	 	TD6055000322	 	DOJI0253NM	 	USD	 	 	271,466.27	 	 	 	271,466.27	 	 	13-Apr-04	 	19-May-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM405440/04
	 	TD6055000322	 	DOJI0254NM	 	USD	 	 	162,846.88	 	 	 	162,846.88	 	 	13-Apr-04	 	14-Jun-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM405441/04
	 	TD6055000322	 	DOJI0255NM	 	USD	 	 	30,900.00	 	 	 	30,900.00	 	 	13-Apr-04	 	21-May-04	 	0	 	KUNSHAN SUNLONG TEXTILE CO., LTD	 	CHINA
	IM405442/04
	 	TD6055000322	 	DOJI0256EP	 	USD	 	 	55,450.05	 	 	 	55,450.05	 	 	13-Apr-04	 	01-Jul-04	 	0	 	WUXI XIEXIN GROUP CO., LTD.	 	CHINA
	IM405443/04
	 	TD6055000322	 	DOJI0257NC	 	USD	 	 	196.98	 	 	 	196.98	 	 	13-Apr-04	 	11-May-04	 	0	 	STANDTEX COMPANY LTD. 	 	TAIWAN
	IM405437/04
	 	TD6055000322	 	DOJI0258JW	 	USD	 	 	289,341.38	 	 	 	289,341.38	 	 	13-Apr-04	 	14-Jun-04	 	0	 	MERIMO LTD.	 	BANGLADESH
	IM405438/04
	 	TD605500322	 	DOJI0259AL	 	USD	 	 	380.60	 	 	 	380.60	 	 	13-Apr-04	 	20-Apr-04	 	0	 	STANDTEX COMPANY LTD.	 	TAIWAN
	IM405858/04
	 	TD6055000322	 	DOJI0260NC	 	USD	 	 	19,467.00	 	 	 	19,467.00	 	 	16-Apr-04	 	21-May-04	 	0	 	DRAGONFISH HOLDING (BVI) COMPANY	 	TAIWAN
	IM405864/04
	 	TD6055000322	 	DOJI0261EP	 	USD	 	 	67,218.00	 	 	 	67,218.00	 	 	16-Apr-04	 	28-May-04	 	0	 	DUCK HUNG TRADING CO., LTD.	 	KOREA REPUBLIC
	IM405865/04
	 	TD6055000322	 	DOJI0262NC	 	USD	 	 	101,347.20	 	 	 	101,347.20	 	 	16-Apr-04	 	31-May-04	 	0	 	DO1 MARKETING SERVICE	 	KOREA REPUBLIC
	IM405866/04
	 	TD6055000322	 	DOJI0263NC	 	USD	 	 	36,745.09	 	 	 	36,745.09	 	 	16-Apr-04	 	20-May-04	 	0	 	DO1 MARKETING SERVICE	 	KOREA REPUBLIC
	IM405867/04
	 	TD6055000322	 	DOJI0264EP	 	USD	 	 	81,620.50	 	 	 	81,620.50	 	 	16-Apr-04	 	12-Jul-04	 	0	 	ITEXFIL LTD.	 	KOREA REPUBLIC
	IM405859/04
	 	TD6055000322	 	DOJI0265EP	 	USD	 	 	53,661.79	 	 	 	53,661.79	 	 	16-Apr-04	 	12-Jul-04	 	0	 	JAE SEUNG TEXTILE CO., LTD	 	KOREA REPUBLIC
	IM405868/04
	 	TD6055000322	 	DOJI0266EP	 	USD	 	 	110,863.29	 	 	 	110,863.29	 	 	16-Apr-04	 	05-Jul-04	 	0	 	DUCK HUNG TRADING CO., LTD.	 	KOREA REPUBLIC
	IM405860/04
	 	TD6055000322	 	DOJI0267EP	 	USD	 	 	20,219.66	 	 	 	20,219.66	 	 	16-Apr-04	 	06-Jun-04	 	0	 	ALLIANCE KNITTERS, INC.	 	UNITED STATES
	IM405861/04
	 	TD6055000322	 	DOJI0268GC	 	USD	 	 	11,566.80	 	 	 	11,566.80	 	 	16-Apr-04	 	01-Jun-04	 	0	 	ALLIANCE KNITTERS, INC.	 	UNITED STATES
	IM405862/04
	 	TD6055000322	 	DOJI0269EP	 	USD	 	 	72,633.79	 	 	 	72,633.79	 	 	16 Apr 04	 	01-Jun-04	 	0	 	CHI- FUNG ENTERPRISE (HK) LTD.	 	HONG KONG
	IM405863/04
	 	TD6055000322	 	DOJI0270JW	 	USD	 	 	43,636.88	 	 	 	43,636.88	 	 	16-Apr-04	 	15-Jun-04	 	0	 	WANG HING KNITTING FACTORY LTD	 	HONG KONG
	IM405869/04
	 	TD6055000322	 	DOJI0271JW	 	USD	 	 	110,125.73	 	 	 	110,125.73	 	 	16-Apr-04	 	15-Jun-04	 	0	 	NINGBO FANHUA WOLLEN SWEATER ???	 	CHINA
	IM405870/04
	 	TD6055000322	 	DOJI0272EP	 	USD	 	 	206,498.69	 	 	 	206,498.69	 	 	16-Apr-04	 	20-May-04	 	0	 	HONG KONG SHUERTAI CO. LTD	 	HONG KONG
	IM405929/04
	 	TD6055000322	 	DOJI0273EP	 	USD	 	 	231,838.35	 	 	 	231,838.35	 	 	16-Apr-04	 	15-Jun-04	 	0	 	HONG KONG SHUERTAI CO. LTD	 	HONG KONG
	IM405930/04
	 	TD6055000323	 	DOJI0274GC	 	USD	 	 	32,168.56	 	 	 	32,168.56	 	 	16-Apr-04	 	15-Jun-04	 	0	 	HONG KONG SHUERTAI CO. LTD	 	HONG KONG
	IM405931/04
	 	TD6055000323	 	DOJI0275NM	 	USD	 	 	296,082.44	 	 	 	296,082.44	 	 	16-Apr-04	 	14-Jun-04	 	0	 	CK INT'L CORP	 	KOREA REPUBLIC
	IM405932/04
	 	TD6055000323	 	DOJI0276NM	 	USD	 	 	30,511.87	 	 	 	30,511.87	 	 	16-Apr-04	 	23-Jun-04	 	0	 	CK INT'L CORP	 	KOREA REPUBLIC
	IM405933/04
	 	TD6055000323	 	DOJI0277NM	 	USD	 	 	76,438.80	 	 	 	76,438.80	 	 	16-Apr-04	 	25-Jun-04	 	0	 	SUHCHEON COMPANY, LTD	 	KOREA REPUBLIC
	IM405934/04
	 	TD6055000323	 	DOJI0278NM	 	USD	 	 	207,940.67	 	 	 	207,940.67	 	 	16-Apr-04	 	30-Jun-04	 	0	 	HAE YANG KNITTING FACTORY LTD	 	KOREA REPUBLIC
	IM405935/04
	 	TD6055000323	 	DOJI0279NM	 	USD	 	 	99,762.32	 	 	 	99,762.32	 	 	16-Apr-04	 	30-Jun-04	 	0	 	HAE YANG KNITTING FACTORY LTD	 	KOREA REPUBLIC

 

     

	 	 	 	 	 

	

	 	Outstanding Report — Import LC
	 	Report as of 30-Apr-04 
Page 6 of 7

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lc Ref No	 	CAR Ref	 	Customer Ref	 	Curr	 	Outstanding Balance	 	 	USD Eqv	 	 	Issue Date	 	Expiry Date	 	Tenor	 	Beneficiary	 	Ben Country
	IM405936/04
	 	TD6055000323	 	DOJI0280NM	 	USD	 	 	217,336.60	 	 	 	217,336.60	 	 	16-Apr-04	 	22-Jun-04	 	0	 	HAE YANG KNITTING FACTORY LTD.	 	KOREA REPUBLIC
	IM405937/04
	 	TD6055000323	 	DOJI0281NM	 	USD	 	 	32,773.62	 	 	 	32,773.62	 	 	16-Apr-04	 	19-May-04	 	0	 	HSIN LING ENTERRISE CO., LTD.	 	TAIWAN
	IM405938/04
	 	TD6055000323	 	DOJI0282NM	 	USD	 	 	204,124.64	 	 	 	204,124.64	 	 	16-Apr-04	 	19-May-04	 	0	 	HSIN LING ENTERRISE CO., LTD.	 	TAIWAN
	IM405939/04
	 	TD6055000323	 	DOJI0283NM	 	USD	 	 	91,486.25	 	 	 	91,486.25	 	 	16-Apr-04	 	19-May-04	 	0	 	HSIN LING ENTERRISE CO., LTD.	 	TAIWAN
	IM405940/04
	 	TD6055000323	 	DOJI0284NM	 	USD	 	 	347,911.90	 	 	 	347,911.90	 	 	16-Apr-04	 	01-Jun-04	 	0	 	ALLIANCE KNITTERS, INC.	 	UNITED STATES
	IM405941/04
	 	TD6055000323	 	DOJI0285BA	 	USD	 	 	48,546.29	 	 	 	48,546.29	 	 	16-Apr-04	 	05-Jul-04	 	0	 	DO1 MARKETING SERVICE	 	KOREA REPUBLIC
	IM405942/04
	 	TD6055000323	 	DOJI0286BA	 	USD	 	 	40,771.85	 	 	 	40,771.85	 	 	16-Apr-04	 	30-Jun-04	 	0	 	TOGETHER TRADING CO., LTD.	 	KOREA REPUBLIC
	IM405943/04
	 	TD6055000323	 	DOJI0287BA	 	USD	 	 	102,808.96	 	 	 	102,808.96	 	 	16-Apr-04	 	16-Jun-04	 	0	 	TOGETHER TRADING CO., LTD.	 	KOREA REPUBLIC
	IM405948/04
	 	TD6055000323	 	DOJI0288BA	 	USD	 	 	28,214.73	 	 	 	28,214.73	 	 	16-Apr-04	 	08-Jun-04	 	0	 	HSIN LING ENTERRISE CO., LTD.	 	TAIWAN
	IM405949/04
	 	TD6055000323	 	DOJI0289BA	 	USD	 	 	143,000.33	 	 	 	143,000.33	 	 	16-Apr-04	 	22-Jun-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM405945/04
	 	TD6055000323	 	DOJI0290BA	 	USD	 	 	178,460.42	 	 	 	178,460.42	 	 	16-Apr-04	 	15-Jun-04	 	0	 	HONG KONG SHUERTAI CO. LTD.	 	HONG KONG
	IM405946/04
	 	TD6055000323	 	DOJI0291BA	 	USD	 	 	117,940.56	 	 	 	117,940.56	 	 	16-Apr-04	 	18-May-04	 	0	 	HONG KONG SHUERTAI CO. LTD.	 	HONG KONG
	IM405947/04
	 	TD6055000323	 	DOJI0292BA	 	USD	 	 	98,931.02	 	 	 	98,931.02	 	 	16-Apr-04	 	18-May-04	 	0	 	HONG KONG SHUERTAI CO. LTD.	 	HONG KONG
	IM406390/04
	 	TD6055000323	 	DOJI0293NM	 	USD	 	 	551,636.86	 	 	 	551,636.86	 	 	22-Apr-04	 	15-Jun-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM406391/04
	 	TD6055000323	 	DOJI0294NM	 	USD	 	 	55,023.08	 	 	 	55,023.08	 	 	22-Apr-04	 	13-Jul-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM406392/04
	 	TD6055000323	 	DOJI0295NM	 	USD	 	 	250,783.63	 	 	 	250,783.63	 	 	22-Apr-04	 	13-Jul-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM406393/04
	 	TD6055000323	 	DOJI0296NM	 	USD	 	 	72,832.28	 	 	 	72,832.28	 	 	22-Apr-04	 	22-Jun-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM406394/04
	 	TD6055000323	 	DOJI0297AL	 	USD	 	 	524,585.44	 	 	 	524,585.44	 	 	22-Apr-04	 	08-Jul-04	 	0	 	KOWATEX LIMITED	 	HONG KONG
	IM406395/04
	 	TD6055000323	 	DOJI0298AL	 	USD	 	 	25,204.61	 	 	 	25,204.61	 	 	22-Apr-04	 	22-Jun-04	 	0	 	HIGH HOPE INTERNATIONAL GROUP	 	CHINA
	IM406396/04
	 	TD6055000323	 	DOJI0299JW	 	USD	 	 	102,269.61	 	 	 	102,269.61	 	 	22-Apr-04	 	20-Jun-04	 	0	 	SEJEE COMPANY LTD.	 	HONG KONG
	IM406397/04
	 	TD6055000323	 	DOJI0300JW	 	USD	 	 	74,212.65	 	 	 	74,212.65	 	 	22-Apr-04	 	20-Jun-04	 	0	 	MERIM CORPORATION	 	KOREA REPUBLIC
	IM406398/04
	 	TD6055000323	 	DOJI0301NC	 	USD	 	 	11,330.00	 	 	 	11,330.00	 	 	22-Apr-04	 	31-May-04	 	0	 	BROAD INTERNATIONAL CORP.	 	UNITED STATES
	IM406399/04
	 	TD6055000323	 	DOJI0302/NM	 	USD	 	 	134,527.94	 	 	 	134,527.94	 	 	22-Apr-04	 	14-Jun-04	 	0	 	MERIMO LTD.	 	BANGLADESH
	IM406424/04
	 	TD6055000323	 	DOJI0303NM	 	USD	 	 	305,632.70	 	 	 	305,632.70	 	 	22-Apr-04	 	25-Jun-04	 	0	 	SEJEE COMPANY LTD.	 	HONG KONG
	IM406425/04
	 	TD6055000323	 	DOJI0304NM	 	USD	 	 	156,288.49	 	 	 	156,288.49	 	 	22-Apr-04	 	25-Jun-04	 	0	 	MERIM CORPORATION	 	KOREA REPUBLIC
	IM406426/04
	 	TD6055000323	 	DOJI0305AL	 	USD	 	 	154,698.76	 	 	 	154,698.76	 	 	22-Apr-04	 	25-Jun-04	 	0	 	SEJEE COMPANY LTD.	 	HONG KONG
	IM406427/04
	 	TD6055000323	 	DOJI0306BA	 	USD	 	 	82,265.09	 	 	 	82,265.09	 	 	22-Apr-04	 	15-May-04	 	0	 	MERIMO LTD.	 	BANGLADESH
	IM406428/04
	 	TD6055000323	 	DOJI0307EP	 	USD	 	 	40,928.93	 	 	 	40,928.93	 	 	22-Apr-04	 	14-Aug-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406429/04
	 	TD6055000323	 	DOJI0308AL	 	USD	 	 	361,136.05	 	 	 	361,136.05	 	 	22-Apr-04	 	15-Jul-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406430/04
	 	TD6055000323	 	DOJI0309/AL	 	USD	 	 	64,741.95	 	 	 	64,741.95	 	 	22-Apr-04	 	14-Aug-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406431/04
	 	TD6055000323	 	DOJI0310BA	 	USD	 	 	573,009.38	 	 	 	573,009.38	 	 	22-Apr-04	 	15-Jul-04	 	0	 	PACIFIC  YEE LIK CO. LTD.	 	HONG KONG
	IM406432/04
	 	TD6055000323	 	DOJI0311NM	 	USD	 	 	76,235.31	 	 	 	76,235.31	 	 	22-Apr-04	 	15-Jul-04	 	0	 	PAC1PIC YEE LIK CO. LTD.	 	HONG KONG
	IM406433/04
	 	TD6055000323	 	DOJI0312AL	 	USD	 	 	175,715.71	 	 	 	175,715.71	 	 	22-Apr-04	 	14-Aug-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406434/04
	 	TD6055000323	 	DOJI0313BA	 	USD	 	 	611,676.25	 	 	 	611,676.25	 	 	22-Apr-04	 	14-Aug-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406435/04
	 	TD6055000323	 	DOJI0314EP	 	USD	 	 	45,494.86	 	 	 	45,494.86	 	 	22-Apr-04	 	15-Jul-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406436/04
	 	TD6055000323	 	DOJI0315EP	 	USD	 	 	215,043.13	 	 	 	215,043.13	 	 	22-Apr-04	 	14-Aug-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406437/04
	 	TD6055000323	 	DOJI0316EP	 	USD	 	 	52,269.49	 	 	 	52,269.49	 	 	22-Apr-04	 	15-Jul-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406438/04
	 	TD6055000323	 	DOJI0317EP	 	USD	 	 	59,000.47	 	 	 	59,000.47	 	 	22-Apr-04	 	14-Aug-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM406439/04
	 	TD6055000323	 	DOJI0318NM	 	USD	 	 	4,841.00	 	 	 	4,841.00	 	 	22-Apr-04	 	05-Jun-04	 	0	 	BROAD INTERNATIONAL CORP.	 	UNITED STATES
	IM406653/04
	 	TD6055000323	 	DOJI0319EP	 	USD	 	 	58,140.61	 	 	 	58,140.61	 	 	23-Apr-04	 	11-May-04	 	0	 	HUXING INTERNATIONAL INC.(NY)	 	UNITED STATES
	IM407180/04
	 	TD6055000323	 	DOJI0320JW	 	USD	 	 	145,985.46	 	 	 	145,985.46	 	 	30-Apr-04	 	18-Sep-04	 	0	 	PACIFIC YEE LIK CO. LTD.	 	HONG KONG
	IM407182/04
	 	TD6055000323	 	DOJI0322EP	 	USD	 	 	49,556.70	 	 	 	49,556.70	 	 	30-Apr-04	 	14-Jun-04	 	0	 	HIGH HOPE INTERNATIONAL GROUP	 	CHINA
	IM407183/04
	 	TD6055000323	 	DOJI0323NC	 	USD	 	 	231,172.60	 	 	 	231,172.60	 	 	30-Apr-04	 	08-Jun-04	 	0	 	HIGH HOPE INTERNATIONAL GROUP	 	CHINA
	IM407184/04
	 	TD6055000323	 	DOJI0324NC	 	USD	 	 	23,147.37	 	 	 	23,147.37	 	 	30-Apr-04	 	08-Jun-04	 	0	 	HIGH HOPE INTERNATIONAL GROUP	 	CHINA
	IM407185/04
	 	TD6055000323	 	DOJI0325NC	 	USD	 	 	54,468.00	 	 	 	54,468.00	 	 	30-Apr-04	 	09-Jun-04	 	0	 	TOGETHER TRADING CO., LTD.	 	KOREA REPUBLIC

 

 

     

	 	 	 	 	 

	

	 	Outstanding Report — Import LC
	 	Report as of 30-Apr-04 
Page 7 of 7

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lc Ref No	 	CAR Ref	 	Customer Ref	 	Curr	 	Outstanding Balance	 	 	USD Eqv	 	 	Issue Date	 	Expiry Date	 	Tenor	 	Beneficiary	 	Ben Country
	IM407187/04
	 	TD6055000323	 	DOJI0327JW	 	USD	 	 	143,567.86	 	 	 	143,567.86	 	 	30-Apr-04	 	15-Jun-04	 	0	 	HONG KONG SHUERTAI CO. LTD	 	HONG KONG
	IM407188/04
	 	TD6055000323	 	DOJI0328NC	 	USD	 	 	59,507.62	 	 	 	59,507.62	 	 	30-Apr-04	 	15-Jun-04	 	0	 	HONG KONG SHUERTAI CO. LTD	 	HONG KONG
	IM407189/04
	 	TD6055000323	 	DOJI0329EP	 	USD	 	 	15,446.88	 	 	 	15,446.88	 	 	30-Apr-04	 	30-Jun-04	 	0	 	SUHCHEON COMPANY, LTD.	 	KOREA REPUBLIC
	IM407190/04
	 	TD6055000323	 	DOJI0330EP	 	USD	 	 	20,563.20	 	 	 	20,563.20	 	 	30-Apr-04	 	30-Jun-04	 	0	 	THE HONESTIEST ENTERPRISE CO. LTD	 	TAIWAN
	IM407191/04
	 	TD6055000323	 	DOJI0331NC	 	USD	 	 	38,225.52	 	 	 	38,225.52	 	 	30-Apr-04	 	30-Jun-04	 	0	 	THE HONESTIEST ENTERPRISE CO. LTD	 	TAIWAN
	IM407192/04
	 	TD6055000323	 	DOJI0332EP	 	USD	 	 	62,628.00	 	 	 	62,628.00	 	 	30-Apr-04	 	30-Jun-04	 	0	 	AUTOMOBILE FASHIONS CO., LTD.	 	TAIWAN
	IM407193/04
	 	TD6055000323	 	DOJI0333GG	 	USD	 	 	64,194.75	 	 	 	64,194.75	 	 	30-Apr-04	 	26-Jun-04	 	0	 	BROAD INTERNATIONAL CORP	 	UNITED STATES
	IM407194/04
	 	TD6055000323	 	DOJI0334BA	 	USD	 	 	6,089.81	 	 	 	6,089.81	 	 	30-Apr-04	 	14-Jun-04	 	0	 	CHUNG SHING TEXTILE CO., LTD.	 	TAIWAN
	IM407195/04
	 	TD6055000323	 	DOJI0335AL	 	USD	 	 	201,448.83	 	 	 	201,448.83	 	 	30-Apr-04	 	07-Jun-04	 	0	 	CHUNG SHING TEXTILE CO.. LTD.	 	TAIWAN
	IM407196/04
	 	TD6055000323	 	DOJI0336NM	 	USD	 	 	59,487.73	 	 	 	59,487.73	 	 	30-Apr-04	 	14-Jun-04	 	0	 	CHUNG SHING TEXTILE CO., LTD.	 	TAIWAN
	IM407177/04
	 	TD6055000323	 	DOJI0337AL	 	USD	 	 	209,058.89	 	 	 	209,058.89	 	 	30-Apr-04	 	31-May-04	 	0	 	DO1 MARKETING SERVICE	 	KOREA REPUBLIC
	IM407197/04
	 	TD6055000323	 	DOJI0338AL	 	USD	 	 	71,041.73	 	 	 	71,041.73	 	 	30-Apr-04	 	28-Jun-04	 	0	 	DO1 MARKETING SERVICE	 	KOREA REPUBLIC
	IM407198/04
	 	TD6055000323	 	DOJI0339AL	 	USD	 	 	164,008.35	 	 	 	164,008.35	 	 	30-Apr-04	 	23-Jun-04	 	0	 	TOGETHER TRADING CO. LTD.	 	KOREA REPUBLIC
	IM407199/04
	 	TD6055000323	 	DOJI0341AL	 	USD	 	 	61,285.00	 	 	 	61,285.00	 	 	30 Apr-04	 	04-Jun-04	 	0	 	TAECHANGE ENTERPRISE CO. LTD.	 	KOREA REPUBLIC
	IM407200/04
	 	TD6055000323	 	DOJI0342EP	 	USD	 	 	11,587.50	 	 	 	11,587.50	 	 	30-Apr-04	 	15-Jun-04	 	0	 	FUTURE FABRICS INC.	 	UNITED STATES
	IM407201/04
	 	TD6055000323	 	DOJI03432043JJ	 	      USD	 	 	127,701.00	 	 	 	127,701.00	 	 	30-Apr-04	 	15-Jul-04	 	0	 	NJU INTERNATIONAL DEVELOPING CO.	 	TAIWAN
	IM407202/04
	 	TD6055000323	 	DOJI03442056JJ	 	      USD	 	 	289,074.45	 	 	 	289,074.45	 	 	30-Apr-04	 	23-Jul-04	 	0	 	CHINA ARIA TRADING LIMITED	 	HONG KONG

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	    HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5813344002
	 	UNITEX FASHION LTD.	 	Sight	 	12/12/2003	 	287,386.70      USD
	AG/322
	 	HONG KONG	 	 	 	04/20/2004	 	87,451.29       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5813554736
	 	UNITEX FASHION LIMITED	 	Sight	 	07/28/2003	 	131,820.00      USD
	KG/084
	 	HONG KONG	 	 	 	05/25/2004	 	0.00            USD
	 
	 	 	 	 	 	 	 	 	 	 
	5813554862
	 	KOWATEX LIMITD,	 	Sight	 	10/31/2003	 	17,820.00       USD
	AG/274
	 	HONG KONG	 	 	 	04/27/2004	 	2,848.13        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5813554905
	 	SHANGHAI K AND J APPAREL CO., LTD.	 	Sight	 	12/08/2003	 	68,643.85       USD
	AG/318
	 	PEOPLE’S REPUBLIC OF CHINA	 	 	 	04/20/2004	 	118,284.57      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5813554906
	 	CHINA TING GARMENT MFG(GROUP) LTD.,	 	Sight	 	12/08/2003	 	288,628.45      USD
	AG/319
	 	HONG KONG	 	 	 	05/04/2004	 	13,132.45       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5813554929
	 	VENTURA ENTERPRISE INC.	 	Sight	 	12/18/2003	 	922,189.69      USD
	AG/352
	 	UNITED STATES OF AMERICA	 	 	 	04/25/2004	 	172,130.66      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5813554933
	 	FLORA FASHIONS FACTORY 1/F., FLAT	 	Sight	 	12/22/2003	 	198,704.11      USD
	AG/359
	 	HONG KONG	 	 	 	05/04/2004	 	73,241.68       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5813554935
	 	LEE YEUNG GARMENT FACTORY LIMITED,	 	Sight	 	12/22/2003	 	49,975.80       USD
	AG/361
	 	HONG KONG	 	 	 	04/27/2004	 	65,412.66       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554659
	 	N.I. TEIJIN SHOJI (USA) INC .,	 	Sight	 	01/16/2004	 	120,640.00      USD
	KF/006
	 	UNITED STATES OF AMERICA	 	 	 	04/20/2004	 	50,161.34       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554664
	 	JETWAY GARMENTS LIMITED, 9/F AND	 	Sight	 	01/14/2004	 	86,129.70       USD
	AG/009
	 	HONG KONG	 	 	 	04/27/2004	 	40,304.61       USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	1 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	    HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554675
	 	SAIWAN INTERNATIONAL LIMITED  BLOCK	 	Sight	 	01/26/2004	 	253,619.63        USD
	 
	 	HONG KONG	 	 	 	05/25/2004	 	328,698.45        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554676
	 	GRAND TECH INTERNATIONAL CO., LTD.,	 	Sight	 	01/23/2004	 	177,577.11        USD
	 
	 	HONG KONG	 	 	 	05/26/2004	 	269,795.06        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554677
	 	CARNIVAL INDUSTRIAL CORP.,	 	Sight	 	01/23/2004	 	270,079.76        USD
	KG/009
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/15/2004	 	603,349.73        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554679
	 	DO DO FASHION LTD.	 	Sight	 	01/23/2004	 	562,030.19        USD
	KG/011
	 	HONG KONG	 	 	 	05/25/2004	 	1,376,231.74      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554698
	 	FORTUNE MINT LIMITED	 	Sight	 	02/13/2004	 	111,743.20        USD
	KG/041
	 	HONG KONG	 	 	 	05/15/2004	 	163,728.80        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554699
	 	WELL BUSINESS KNITTING FACTORY LTD.	 	Sight	 	02/16/2004	 	114,247.80        USD
	KG/042
	 	HONG KONG	 	 	 	05/15/2004	 	6,440.00          USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554700
	 	UNITEX FASHION LTD.	 	Sight	 	02/13/2004	 	44,383.00         USD
	KG/043
	 	HONG KONG	 	 	 	05/15/2004	 	50,026.00         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554706
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/16/2004	 	500,000.00        USD
	AG/038
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554707
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00        USD
	AG/039
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554708
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00        USD
	AG/040
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554709
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00        USD
	AG/041
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00        USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	2 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	    HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554710
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00      USD
	AG/042
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554711
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00      USD
	AG/043
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554712
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00      USD
	AG/044
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554713
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00      USD
	AG/045
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554714
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00      USD
	AG/046
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554715
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/18/2004	 	500,000.00      USD
	AG/047
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554716
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/20/2004	 	500,000.00      USD
	AG/048
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554717
	 	GLOBAL SOURCING COMPANY	 	Sight	 	02/20/2004	 	500,000.00      USD
	AG/049
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554718
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00      USD
	AG/050
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554719
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00      USD
	AG/051
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554720
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00      USD
	AG/052
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554721
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00      USD
	AG/053
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	3 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	    HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554722
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/054
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554723
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/055
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554724
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/056
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554725
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/057
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554726
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/058
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554727
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/059
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554728
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/060
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554729
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/061
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554730
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00 USD
	AG/062
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554731
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/19/2004	 	500,000.00 USD
	AG/063
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554732
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/19/2004	 	500,000.00 USD
	AG/064
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554733
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/19/2004	 	500,000.00 USD
	AG/065
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	4 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	    HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554734
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/20/2004	 	500,000.00        USD
	AG/066
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554735
	 	GLOBAL SOURCING LIMITED	 	Sight	 	02/19/2004	 	500,000.00        USD
	AG/067
	 	REPUBLIC OF KOREA	 	 	 	08/25/2004	 	500,000.00        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554736
	 	TRISTATE TRADING LIMITED -MACAO	 	Sight	 	02/18/2004	 	292,034.44        USD
	AG/069
	 	MACAU	 	 	 	05/25/2004	 	1,363,657.62      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554738
	 	HIGH FASHION GARMENTS CO.	 	Sight	 	02/20/2004	 	90,316.00         USD
	AG/077
	 	HONG KONG	 	 	 	05/04/2004	 	90,316.00         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554739
	 	FU SON GARMENT FACTORY,	 	Sight	 	02/20/2004	 	77,750.50         USD
	AG/078
	 	MACAU	 	 	 	04/27/2004	 	77,750.50         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554740
	 	WESTBURG GARMENT FACTORY	 	Sight	 	02/20/2004	 	126,698.85        USD
	AG/079
	 	MACAU	 	 	 	04/27/2004	 	0.00              USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554742
	 	KOWATEX LIMITED,	 	Sight	 	02/20/2004	 	105,451.80        USD
	KG/052
	 	HONG KONG	 	 	 	05/25/2004	 	239,447.60        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554746
	 	FORMOSTAR GARMENT CO., LTD.	 	Sight	 	02/20/2004	 	71,133.28         USD
	KG/059
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/24/2004	 	71,133.28         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554747
	 	FORMOSTAR GARMENT CO., LTD	 	Sight	 	02/20/2004	 	42,912.80         USD
	KG/060
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/17/2004	 	42,912.80         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554748
	 	FORMOSTAR GARMENT CO., LTD	 	Sight	 	02/20/2004	 	8,343.48          USD
	KG/061
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/24/2004	 	8,343.48          USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554749
	 	FORMOSTAR GARMENT CO., LTD	 	Sight	 	02/23/2004	 	3,742.40          USD
	KG/062
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/17/2004	 	3,742.40          USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	5 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	    HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554751
	 	HT TRADING LIMITED, A VENIDA	 	Sight	 	02/24/2004	 	428.26           USD
	KG/065
	 	MACAU	 	 	 	05/10/2004	 	2,724.26         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554752
	 	HT TRADING LIMITED, A VENIDA	 	Sight	 	02/24/2004	 	2,814.04         USD
	KG/066
	 	MACAU	 	 	 	04/25/2004	 	5,426.82         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554756
	 	TAI FUNG TEXTILES	 	Sight	 	02/26/2004	 	111,155.00       USD
	0004/AC00007
	 	HONG KONG	 	 	 	05/05/2004	 	5,463.98         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554757
	 	SUIT WAY CO., LTD.,	 	Sight	 	02/27/2004	 	687,798.68      USD
	KG/073
	 	HONG KONG	 	 	 	05/29/2004	 	833,950.47      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554758
	 	EASY ON LTD.,	 	Sight	 	02/27/2004	 	71,132.75       USD
	AG/083
	 	HONG KONG	 	 	 	05/04/2004	 	74,432.75       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554759
	 	FORTUNE MINT LIMITED	 	Sight	 	02/27/2004	 	241,973.25      USD
	AG/084
	 	HONG KONG	 	 	 	05/04/2004	 	122,195.80      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554760
	 	JEN HSIEN INDUSTRIAL CO., LTD.,	 	Sight	 	02/27/2004	 	94,758.50       USD
	KG/074
	 	TAIWAN, PROVINCE OF ROC	 	 	 	04/30/2004	 	7,262.00        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554761
	 	GOKALDAS IMAGES PVT LTD	 	Sight	 	02/27/2004	 	469,109.78      USD
	KG/075
	 	INDIA	 	 	 	05/01/2004	 	469,109.78      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554762
	 	GOKALDAS IMAGES PVT LTD	 	Sight	 	02/27/2004	 	4,162.52        USD
	KG/076
	 	INDIA	 	 	 	05/01/2004	 	4,162.52        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554763
	 	GOKALDAS IMAGES PVT LTD	 	Sight	 	02/27/2004	 	21,052.04       USD
	KG/077
	 	INDIA	 	 	 	05/01/2004	 	21,052.04       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554765
	 	YANG SHENG GARMENT ENTERPRISES CO.,	 	Sight	 	03/03/2004	 	92,844.70       USD
	KG/078
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/15/2004	 	8,897.40        USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	6 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	    HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554767
	 	MIROGLIO TEXTILES USA, INC.	 	Sight	 	03/02/2004	 	55,722.50         USD
	0005VB00021
	 	UNITED STATES OF AMERICA	 	 	 	06/25/2004	 	117,573.70        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554768
	 	JOY PLUS TRADING (H.K.) LTD.	 	Sight	 	03/03/2004	 	297,045.40        USD
	KG/082
	 	HONG KONG	 	 	 	04/20/2004	 	320,288.80        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554773
	 	HT TRADING LIMITED, A VENIDA	 	Sight	 	03/05/2004	 	201,568.28        USD
	KG/093
	 	MACAU	 	 	 	05/26/2004	 	1,809,226.39      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554774
	 	CARNIVAL INDUSTRIAL CORP.,	 	Sight	 	03/05/2004	 	199,234.02        USD
	KG/094
	 	TAIWAN, PROVINCE OF ROC	 	 	 	07/15/2004	 	2,174,784.27      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554775
	 	TRISTATE TRADING LIMITED,A VENIDA	 	Sight	 	03/08/2004	 	114,828.00        USD
	KG/095
	 	MACAU	 	 	 	06/08/2004	 	2,736,070.01      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554777
	 	FLORA FASHIONS FACTORY 1/F., FLAT	 	Sight	 	03/08/2004	 	31,572.99         USD
	KG/097
	 	HONG KONG	 	 	 	04/20/2004	 	0.00              USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554778
	 	JOY PLUS TRADING (H.K.) LTD.	 	Sight	 	03/08/2004	 	2,020.25          USD
	KG/098
	 	HONG KONG	 	 	 	04/20/2004	 	2,020.25          USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554781
	 	GOLDEN WILL FASHIONS LTD	 	Sight	 	03/08/2004	 	98,671.60         USD
	KG/101
	 	HONG KONG	 	 	 	04/20/2004	 	98,671.60         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554782
	 	GOLDEN WILL FASHIONS LTD	 	Sight	 	03/08/2004	 	8,911.84          USD
	KG/102
	 	HONG KONG	 	 	 	04/20/2004	 	8,911.84          USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554783
	 	GOLDEN WILL FASHIONS LTD.,	 	Sight	 	03/08/2004	 	18,327.40         USD
	KG/103
	 	HONG KONG	 	 	 	04/20/2004	 	18,327.40         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554784
	 	GOLDEN WILL FASHIONS LTD.,	 	Sight	 	03/08/2004	 	2,289.00          USD
	KG/104
	 	HONG KONG	 	 	 	04/20/2004	 	2,289.00          USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	7 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 	 	 	 	 

	Customer Base Number

	 	949148	 	 	Branch Code
	 	712	 
	Customer Name

	 	KASPER ASL LTD
	 	Branch Name
	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference  	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	 Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554785
	 	GOLDEN WILL FASHIONS LTD.,	 	Sight	 	03/08/2004	 	1,370.95         USD
	KG/105
	 	HONG KONG	 	 	 	04/20/2004	 	1,370.95         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554786
	 	GOLDEN WILL FASHIONS LTD.,	 	Sight	 	03/08/2004	 	526.47           USD
	KG/106
	 	HONG KONG	 	 	 	04/20/2004	 	526.47           USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554787
	 	PT MASTERINDO JAYA ABADI	 	Sight	 	03/08/2004	 	9,498.00         USD
	KG/107
	 	REPUBLIC OF INDONESIA	 	 	 	05/18/2004	 	9,498.00         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554788
	 	PT MASTERINDO JAYA ABADI	 	Sight	 	03/08/2004	 	22,780.84        USD
	KG/108
	 	REPUBLIC OF INDONESIA	 	 	 	05/18/2004	 	22,780.84        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554789
	 	PT MASTERINDO JAYA ABADI	 	Sight	 	03/09/2004	 	3,762.00         USD
	KG/109
	 	REPUBLIC OF INDONESIA	 	 	 	05/18/2004	 	3,762.00         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554790
	 	PT MASTERINDO JAYA ABADI	 	Sight	 	03/09/2004	 	965.16           USD
	KG/110
	 	REPUBLIC OF INDONESIA	 	 	 	05/18/2004	 	965.16          USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554791
	 	CHUNG WEI MING KNITTING FACTORY	 	Sight	 	03/10/2004	 	71,609.50                USD
	KG/111
	 	HONG KONG	 	 	 	05/15/2004	 	71,609.50                USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554793
	 	VENTURA ENTERPRISE INC.	 	Sight	 	03/10/2004	 	80,735.00       USD
	AG/092
	 	UNITED STATES OF AMERICA	 	 	 	05/25/2004	 	80,735.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554794
	 	BROAD INTERNATIONAL CORP.	 	Sight	 	03/10/2004	 	25,658.50       USD
	 
	 	UNITED STATES OF AMERICA	 	 	 	05/15/2004	 	6,096.64        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554796
	 	JIING SHENG KNITTING CO., LTD.	 	Sight	 	03/11/2004	 	24,501.20                USD
	AG/097
	 	TAIWAN, PROVINCE OF ROC	 	 	 	04/20/2004	 	0.00                  USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554797
	 	CHINA TING GARMENT MFG. (GROUP)	 	Sight	 	03/12/2004	 	387,932.95               USD
	AG/100
	 	HONG KONG	 	 	 	05/25/2004	 	387,932.95               USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)
	 	DAILY OUTSTANDING
	 	8 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 	 	 	 	 

	Customer Base Number

	 	949148	 	 	Branch Code
	 	712	 
	Customer Name

	 	KASPER ASL LTD
	 	Branch Name
	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
		 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	
Importer LC Reference	 	Exporter Country	 	 Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554798
	 	LAKEWILL INDUSTRIAL LIMITED. UNIT	 	Sight	 	03/15/2004	 	177,241.00 USD
	AG/101
	 	HONG KONG	 	 	 	05/25/2004	 	147,427.20 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554800
	 	TRISTATE TRADING LIMITED, A VENIDA	 	Sight	 	03/17/2004	 	49,044.16 USD
	KG/116
	 	MACAU	 	 	 	04/20/2004	 	212,857.52 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554802
	 	TRISTATE TRADING LTD-MACAO COMML	 	Sight	 	03/17/2004	 	2,423.35 USD
	KG/120
	 	MACAU	 	 	 	05/07/2004	 	2,423.35 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554806
	 	N.I. TEIJIN CO. LTD	 	Sight	 	03/17/2004	 	36,210.00 USD
	0011AC00013
	 	JAPAN	 	 	 	05/05/2004	 	36,210.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554807
	 	CARNIVAL INDUSTRIAL CORP.,	 	Sight	 	03/17/2004	 	29,293.20 USD
	KG/130
	 	TAIWAN, PROVINCE OF ROC	 	 	 	06/15/2004	 	179,049.16 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554809
	 	MITSUI CO. LTD.	 	Sight	 	03/17/2004	 	104,140.00 USD
	0013AC00036
	 	JAPAN	 	 	 	04/25/2004	 	0.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554810
	 	ORIENT CRAFT LTD	 	Sight	 	03/18/2004	 	54,579.60 USD
	KG/132
	 	INDIA	 	 	 	05/19/2004	 	54,579.60 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554811
	 	ORIENT CRAFT LTD	 	Sight	 	03/17/2004	 	987.08 USD
	KG/133
	 	INDIA	 	 	 	05/05/2004	 	987.08 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554812
	 	ORIENT CRAFT LTD	 	Sight	 	03/17/2004	 	7,513.28 USD
	KG/134
	 	INDIA	 	 	 	05/05/2004	 	7,513.28 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554815
	 	FUTURE FABRICS INT’L INC.	 	Sight	 	03/17/2004	 	41,251.00 USD
	0016KU00022
	 	UNITED STATES OF AMERICA	 	 	 	04/30/2004	 	1,886.82 USD

	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)
	 	DAILY OUTSTANDING
	 	9 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 	 	 	 	 

	Customer Base Number

	 	949148	 	 	Branch Code
	 	712	 
	Customer Name

	 	KASPER ASL LTD
	 	Branch Name
	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554816

AG/104
	 	THE HONESTIEST ENTERPRISE CO.,LTD. TAIWAN, PROVINCE OF ROC	 	Sight	 	03/18/2004

04/20/2004	 	272,399.56 USD 

272,399.56 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554818
	 	H.C.T. TEXTILES CO., LTD.	 	Sight	 	03/24/2004	 	35,346.00 USD
	0017KU00009
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/10/2004	 	14,231.60 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554819
	 	PIONEER STREAM LTD.	 	Sight	 	03/24/2004	 	43,898.00 USD
	0019KU00026
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/10/2004	 	45,023.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554820
	 	PIONEER STREAM LTD.	 	Sight	 	03/24/2004	 	7,280.00 USD
	0020KU00060
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/15/2004	 	7,280.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554821
	 	H.C.T. TEXTILES CO., LTD.	 	Sight	 	03/24/2004	 	65,250.00 USD
	0021KU00032
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/15/2004	 	65,250.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554822
	 	PIONEER STREAM LTD.	 	Sight	 	03/24/2004	 	92,500.00 USD
	0022KU00039
	 	TAIWAN, PROVINCE OF ROC	 	 	 	06/14/2004	 	92,500.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554823
	 	PIONEER STREAM LTD.	 	Sight	 	03/24/2004	 	30,765.50 USD
	0023KU00011
	 	TAIWAN, PROVINCE OF ROC	 	 	 	04/25/2004	 	30,765.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554824
	 	WONDERFUL INTL GROUP (HK) LTD.	 	Sight	 	03/25/2004	 	384,826.21 USD
	KG/152
	 	HONG KONG	 	 	 	05/30/2004	 	540,572.82 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554828
	 	WILHELM ZULEEG GMBH	 	Sight	 	03/26/2004	 	111,375.00 USD
	0027AC00033
	 	 FEDERAL REPUBLIC OF GERMANY	 	 	 	05/10/2004	 	111,375.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554829
	 	PIONEER STREAM LTD.	 	Sight	 	03/26/2004	 	18,020.00 USD
	0028KU00016
	 	 TAIWAN, PROVINCE OF ROC	 	 	 	05/20/2004	 	10,318.90 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554830
	 	MITSUI CO. LTD.	 	Sight	 	03/26/2004	 	4,461.45 USD
	0029AC0006l
	 	JAPAN	 	 	 	04/20/2004	 	0.00 USD
	 
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)
	 	DAILY OUTSTANDING
	 	10 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 	 	 	 	 

	Customer Base Number

	 	949148	 	 	Branch Code
	 	712	 
	Customer Name

	 	KASPER ASL LTD
	 	Branch Name
	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
		 	 	 	 	 	 	 	 	 
	Citibank LC Reference 	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	 Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554831
	 	MITSUI CO. LTD.	 	Sight	 	03/26/2004	 	6,264.50          USD
	0030AC00040
	 	JAPAN	 	 	 	05/30/2004	 	6,264.50          USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554832
	 	RNC LEATHER, LLC	 	Sight	 	03/26/2004	 	52,897.50         USD
	003130J02
	 	UNITED STATES OF AMERICA	 	 	 	05/01/2004	 	52,897.50         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554833
	 	SEO KWANG TRADING CO, LTD	 	Sight	 	03/30/2004	 	44,952.00         USD
	0032WA00006
	 	REPUBLIC OF KOREA	 	 	 	04/21/2004	 	0.00              USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554834
	 	SEO KWANG TRADING CO, LTD	 	Sight	 	03/30/2004	 	24,240.00         USD
	0033VB00041
	 	REPUBLIC OF KOREA	 	 	 	04/24/2004	 	0.00              USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554835
	 	TREMO LTD.	 	Sight	 	03/30/2004	 	7,829.30          USD
	0034VB00094
	 	REPUBLIC OF KOREA	 	 	 	04/24/2004	 	0.00              USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554837
	 	SUN BONG SYNTHETICS, INC.	 	Sight	 	03/30/2004	 	56,115.00         USD
	0036VB00086
	 	REPUBLIC OF KOREA	 	 	 	04/23/2004	 	5,280.40          USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554838
	 	EUHA INTERNATIONAL LTD.	 	Sight	 	03/30/2004	 	26,832.00         USD
	0037AKS-0311
	 	REPUBLIC OF KOREA	 	 	 	05/21/2004	 	26,832.00         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554839
	 	TREMO LTD.	 	Sight	 	04/01/2004	 	14,065.29         USD
	0038WA00033
	 	REPUBLIC OF KOREA	 	 	 	05/05/2004	 	0.00              USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554840
	 	EUHA INTERNATIONAL LTD.	 	Sight	 	04/01/2004	 	10,320.00         USD
	0039AKS-0328
	 	REPUBLIC OF KOREA	 	 	 	06/05/2004	 	10,320.00         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554841
	 	SEO KWANG TRADING CO, LTD.	 	Sight	 	04/01/2004	 	4,080.00          USD
	0040JW00008
	 	REPUBLIC OF KOREA	 	 	 	04/28/2004	 	24.00             USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554842
	 	NUANCE INDUSTRIES INC.	 	Sight	 	04/06/2004	 	41,654.00         USD
	0041WA00038
	 	UNITED STATES OF AMERICA	 	 	 	05/05/2004	 	41,654.00         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554843
	 	TRISTATE TRADING LIMITED	 	Sight	 	04/06/2004	 	1,035,376.96      USD
	0042VGV-TRANSITI
	 	MACAU	 	 	 	05/22/2004	 	1,035,376.96      USD

	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)
	 	DAILY OUTSTANDING
	 	11 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 	 	 	 	 

	Customer Base Number

	 	949148	 	 	Branch Code
	 	712	 
	Customer Name

	 	KASPER ASL LTD
	 	Branch Name
	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
		 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type Tenor	 	Issuance Date	 	Original Amount
	 Importer LC Reference	 	Exporter Country	 	Terms	 	Expiry Date	 	Outstanding Amount
	5814554844
	 	HF TRADING LIMITED	 	Sight	 	04/07/2004	 	67,593.81      USD
	0043HTA008/04
	 	MACAU	 	 	 	04/20/2004	 	67,593.81       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554845
	 	WONDERFUL INT’L GROUP (HK) LTD.	 	Sight	 	04/06/2004	 	203,864.84                USD
	0044NR-2
	 	HONG KONG	 	 	 	05/25/2004	 	210,847.22                USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554846
	 	SLITHER LTD. 	 	Sight	 	04/06/2004	 	30,600.00 USD
	0045JG4213
	 	HONG KONG	 	 	 	05/11/2004	 	30,600.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554847
	 	JEN HSIEN INDUSTRIAL CO., LTD.	 	Sight	 	04/07/2004	 	45,304.60       USD
	0046
	 	 TAIWAN, PROVINCE OF ROC	 	 	 	04/21/2004	 	132.00          USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554848
	 	J.P. DOUMAK INC.	 	Sight	 	04/09/2004	 	13,300.00        USD
	0047VB00128
	 	UNITED STATES OF AMERICA	 	 	 	05/05/2004	 	13,300.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554849
	 	J.P. DOUMAK INC.	 	Sight	 	04/09/2004	 	3,997.50             USD
	0048JW00010
	 	UNITED STATES OF AMERICA	 	 	 	05/15/2004	 	3,997.50         USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554850
	 	NUANCE INDUSTRIES INC.	 	Sight	 	04/09/2004	 	19,250.00             USD
	0049VB00129
	 	 UNITED STATES OF AMERICA	 	 	 	05/10/2004	 	19,250.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554851
	 	FUTURE FABRICS INT’L INC.	 	Sight	 	04/09/2004	 	43,008.25       USD
	0050KU00073
	 	UNITED STATES OF AMERICA	 	 	 	05/10/2004	 	43,008.25       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554852
	 	FUTURE FABRICS INT’L INC.	 	Sight	 	04/09/2004	 	225,417.25                USD
	0051KU00040
	 	UNITED STATES OF AMERICA	 	 	 	05/20/2004	 	225,417.25            USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554853
	 	LANIFICIO CAVERNI AND GRAMIGNI SPA	 	Sight	 	04/09/2004	 	226,312.50                USD
	0052AC00018
	 	ITALIAN REPUBLIC	 	 	 	05/15/2004	 	226,312.50             USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554854
	 	TEXTILE IMPORTS LLC 	 	Sight	 	04/09/2004	 	14,700.00       USD
	0053AC00034
	 	UNITED STATES OF AMERICA	 	 	 	05/05/2004	 	14,700.00       USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)
	 	DAILY OUTSTANDING
	 	12 of 22

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 
	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554855
	 	MITSUI CO. LTD.	 	Sight	 	04/09/2004	 	94,804.00             USD
	0054AE00029
	 	JAPAN	 	 	 	05/15/2004	 	0.00                  USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554856
	 	MITSUI CO. LTD.	 	Sight	 	04/09/2004	 	51,163.00             USD
	0055AE00026
	 	JAPAN	 	 	 	05/25/2004	 	24,148.40             USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554857
	 	ALTINYILDIZ CORP.	 	Sight	 	04/09/2004	 	41,678.50             USD
	0056AC00026
	 	UNITED STATES OF AMERICA	 	 	 	05/25/2004	 	41,678.50             USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554858
	 	LANIFICIO TEXCO S.P.A.	 	Sight	 	04/09/2004	 	189,337.50            USD
	0057AE00019
	 	ITALIAN REPUBLIC	 	 	 	06/12/2004	 	425,425.00            USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554859
	 	HSIN LING ENTERPRISE CO., LTD.	 	Sight	 	04/14/2004	 	1,332.80              USD
	0058JT-0330-3
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/13/2004	 	1,332.80              USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554860
	 	CLERICI TESSUTO/C. SPA	 	Sight	 	04/14/2004	 	51,714.00             USD
	0059AE00007
	 	ITALIAN REPUBLIC	 	 	 	05/15/2004	 	51,714.00             USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554861
	 	BONOTTO S.P.A	 	Sight	 	04/19/2004	 	48,070.00             USD
	0060AE00008
	 	ITALIAN REPUBLIC	 	 	 	06/26/2004	 	150,524.00            USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554862
	 	LANIFICIO REXLANE SPA	 	Sight	 	04/14/2004	 	30,037.50             USD
	0061AE00050
	 	ITALIAN REPUBLIC	 	 	 	06/08/2004	 	30,037.50             USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554863
	 	J.P. DOUMAK INC.	 	Sight	 	04/14/2004	 	4,891.25              USD
	0062JW00009
	 	UNITED STATES OF AMERICA	 	 	 	05/15/2004	 	4,891.25              USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554864
	 	TREMO LTD.	 	Sight	 	04/14/2004	 	30,576.75             USD
	0063WA00039
	 	REPUBLIC OF KOREA	 	 	 	05/07/2004	 	0.00                  USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554865
	 	OEMEC GARMENT MFG., CO., LTD.	 	Sight	 	04/14/2004	 	18,814.40             USD
	0064AW00807
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/06/2004	 	18,814.40             USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554866
	 	TRISTATE TRADING LIMITED	 	Sight	 	04/14/2004	 	146,036.03            USD
	0065SG-3
	 	MACAU	 	 	 	06/14/2004	 	146,036.03            USD
	 
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	13 of 22

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 
	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554867
	 	TRISTATE TRADING LIMITED	 	Sight	 	04/14/2004	 	171,461.68 USD
	0066SG-1
	 	MACAU	 	 	 	06/02/2004	 	171,461.68 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554868
	 	TIMBACC INTERNATIONAL LTD.	 	Sight	 	04/14/2004	 	13,757.39 USD
	0067JG4215
	 	HONG KONG	 	 	 	05/30/2004	 	13,757.39 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554869
	 	TREMO LTD.	 	Sight	 	04/19/2004	 	32,745.00 USD
	0068VB00093
	 	REPUBLIC OF KOREA	 	 	 	05/15/2004	 	0.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554870
	 	N.I. TEIJIN SHOJI(USA) INC.	 	Sight	 	04/19/2004	 	37,766.00 USD
	0069VB00075
	 	UNITED STATES OF AMERICA	 	 	 	05/15/2004	 	38,587.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554871
	 	HAMIL TEXTILES	 	Sight	 	04/19/2004	 	16.089.00 USD
	0070WA00032
	 	UNITED STATES OF AMERICA	 	 	 	05/12/2004	 	16,089.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554872
	 	LANIFICIO DI TOLLEGNO	 	Sight	 	04/19/2004	 	52,082.50 USD
	0071AE00003
	 	ITALIAN REPUBLIC	 	 	 	05/05/2004	 	52,082.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554873
	 	BONOTTO S.P.A	 	Sight	 	04/19/2004	 	99,637.50 USD
	0072AE00033
	 	ITALIAN REPUBLIC	 	 	 	06/05/2004	 	110,347.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554874
	 	CUCCIRELLI/C. TESSUTI FANTASIA SPA	 	Sight	 	04/19/2004	 	148,043.15 USD
	0073AE00018
	 	ITALIAN REPUBLIC	 	 	 	06/12/2004	 	158,813.15 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554875
	 	LANIFICIO REXLANE SPA	 	Sight	 	04/19/2004	 	37,940.00 USD
	0074AE00049
	 	ITALIAN REPUBLIC	 	 	 	06/08/2004	 	37,940.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554876
	 	MITSUI CO. LTD.	 	Sight	 	04/19/2004	 	9,420.00 USD
	0075AC00069
	 	JAPAN	 	 	 	06/14/2004	 	9,420.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554877
	 	POWER FASHIONS MANF. LTD.	 	Sight	 	04/19/2004	 	91,304.01 USD
	0076JW-7
	 	HONG KONG	 	 	 	05/15/2004	 	212,298.49 USD

	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	14 of 22

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 
	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount	 
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount	 
	5814554878
	 	FLORA FASHIONS FTY	 	Sight	 	04/19/2004	 	100,272.71      USD
	0077JW-8
	 	HONG KONG	 	 	 	05/20/2004	 	100,272.71      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554879
	 	HT TRADING LTD. MACAO COMMERCIAL	 	Sight	 	04/19/2004	 	2,043.50        USD
	0078JW-10
	 	MACAU	 	 	 	05/02/2004	 	2,043.50        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554880
	 	FLORA FASHIONS FTY	 	Sight	 	04/19/2004	 	19,008.20       USD
	0079MC-1
	 	HONG KONG	 	 	 	05/15/2004	 	19,008.20       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554881
	 	TRISTATE TRADING LIMITED	 	Sight	 	04/19/2004	 	17,079.26       USD
	0080SG-4
	 	MACAU	 	 	 	06/07/2004	 	17,079.26       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554882
	 	TRISTATE TRADING LIMITED	 	Sight	 	04/19/2004	 	2,901.12        USD
	0081SG-2
	 	MACAU	 	 	 	06/02/2004	 	2,901.12        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554883
	 	SLITHER LTD.	 	Sight	 	04/19/2004	 	10,500.00       USD
	0082JG4214
	 	HONG KONG	 	 	 	06/15/2004	 	10,500.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554884
	 	HENFIELD ENTERPRISES LIMITED	 	Sight	 	04/19/2004	 	97,161.45       USD
	0083JG4216
	 	HONG KONG	 	 	 	05/30/2004	 	97,161.45       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554885
	 	HSIN LING ENTERPRISE CO., LTD.	 	Sight	 	04/19/2004	 	121,209.00      USD
	0084AZ01
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/15/2004	 	121,209.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554886
	 	JIING SHENG KNITTING CO., LTD.	 	Sight	 	04/19/2004	 	12,328.00       USD
	0085AZ02
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/30/2004	 	12,328.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554887
	 	EVRIM GIYIM SANAYI VE TIC A.S.	 	Sight	 	04/19/2004	 	10,141.20       USD
	0086BLANKET
	 	TURKEY	 	 	 	07/07/2004	 	10,141.20       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554888
	 	HF TRADING LIMITED	 	Sight	 	04/20/2004	 	22,478.50       USD
	0087JW-9
	 	MACAU	 	 	 	05/10/2004	 	22,478.50       USD

	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	15 of 22

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 
	Customer Base Number
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount	 
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount	 
	5814554889
	 	EVRIM GIYIM SANAYI VE TIC A.S.	 	Sight	 	04/20/2004	 	47,655.00                    USD
	0088BLANKET
	 	TURKEY	 	 	 	07/07/2004	 	47,655.00                    USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554890
	 	MRM DERI KONFEKSIYON SAN VE TIC A.S	 	Sight	 	04/20/2004	 	16,458.00                    USD
	0089041604
	 	TURKEY	 	 	 	05/25/2004	 	16,458.00                    USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554891
	 	DK GLOBAL, INC	 	Sight	 	04/20/2004	 	8,022.75             USD
	0090AL00029
	 	REPUBLIC OF KOREA	 	 	 	05/05/2004	 	8,022.75      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554892
	 	DK GLOBAL, INC	 	Sight	 	04/20/2004	 	8,550.00             USD
	0091AL00009
	 	REPUBLIC OF KOREA	 	 	 	05/05/2004	 	8,550.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554893
	 	MITSUI CO. LTD.	 	Sight	 	04/20/2004	 	31,556.25                    USD
	0092AL00007
	 	JAPAN	 	 	 	05/19/2004	 	32,066.25                    USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554894
	 	LANIFICIO CAVERNI AND GRAMIGNI SPA	 	Sight	 	04/20/2004	 	15,300.00                    USD
	0093AC00084
	 	ITALIAN REPUBLIC	 	 	 	05/22/2004	 	15,300.00                    USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554895
	 	AMOR TESSUTO S.A.	 	Sight	 	04/20/2004	 	26,286.00 USD
	0094AC00088
	 	EASTERN REPUBLIC OF URUGUAY	 	 	 	05/23/2004	 	26,286.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554896
	 	TAI FUNG TEXTILES	 	Sight	 	04/21/2004	 	20,942.00           USD
	0095AC00089
	 	HONG KONG	 	 	 	06/11/2004	 	20,942.00     USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554897
	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	Sight	 	04/20/2004	 	30,030.00                    USD
	0096AE00047
	 	TURKEY	 	 	 	05/15/2004	 	30,030.00                    USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554898
	 	INDUSTRIA TESSILE SANESI S.P.A.	 	Sight	 	04/20/2004	 	82,867.50           USD
	0097AC00072
	 	ITALIAN REPUBLIC	 	 	 	06/01/2004	 	82,867.50 USD
	 
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	16 of 22

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number 
	 	949148	 	Branch Code	 	712
	Customer Name
	 	KASPER ASL LTD	 	Branch Name	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount	 
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount	 
	5814554899
	 	EXSA EXPORT SANAYI MAMULLERI SATIS	 	Sight	 	04/20/2004	 	15,100.00        USD
	0098AC00075
	 	TURKEY	 	 	 	06/05/2004	 	15,100.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554900
	 	MITSUI CO. LTD.	 	Sight	 	04/20/2004	 	208,500.00                USD
	0099AC00035
	 	JAPAN	 	 	 	05/15/2004	 	208,500.00                  USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554902
	 	LAN LUIGI BOGGIO SANPAOLO IMI	 	Sight	 	04/20/2004	 	10,260.00                    USD
	0100AE00013
	 	ITALIAN REPUBLIC	 	 	 	05/15/2004	 	10,260.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554903
	 	FAB MILL INC.	 	Sight	 	04/23/2004	 	36,141.50              USD
	0101KU00065
	 	UNITED STATES OF AMERICA	 	 	 	06/04/2004	 	36,141.50       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554904
	 	PIONEER STREAM LTD.. 	 	Sight	 	04/23/2004	 	19,757.50        USD
	0102KU00072
	 	TAIWAN, PROVINCE OF ROC	 	 	 	05/20/2004	 	19,757.50       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554905
	 	SHANGHAI AVIATION I/E CO, LTD	 	Sight	 	04/23/2004	 	42,412.60        USD
	0103KU00096
	 	PEOPLE’S REPUBLIC OF CHINA	 	 	 	05/20/2004	 	42,412.60       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554906
	 	SHANGHAI AVIATION I/E CO, LTD	 	Sight	 	04/23/2004	 	10,556.00  USD
	0104KU00021
	 	PEOPLE’S REPUBLIC OF CHINA	 	 	 	05/20/2004	 	10,556.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554907
	 	FUTURE FABRICS INT’L INC. 	 	Sight	 	04/23/2004	 	11,466.50  USD
	0105KU00085
	 	UNITED STATES OF AMERICA	 	 	 	05/20/2004	 	11,466.50       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554908
	 	FUTURE FABRICS INT’L INC. 	 	Sight	 	04/23/2004	 	59,728.75 USD
	0106KU00071
	 	UNITED STATES OF AMERICA	 	 	 	05/20/2004	 	59,728.75       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554909
	 	LANIFICIO FALIERO SARTI/FIGLI SPA	 	Sight	 	04/23/2004	 	23,897.25                 USD
	0107AE00006
	 	ITALIAN REPUBLIC	 	 	 	05/15/2004	 	23,897.25                 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554910
	 	TEXTILE IMPORTS LLC 	 	Sight	 	04/27/2004	 	124,215.00                USD
	0108AC00077
	 	UNITED STATES OF AMERICA	 	 	 	05/25/2004	 	124,215.00                USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	17 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number 

Customer Name

	 	949148

KASPER ASL LTD
	 	Branch Code

Branch Name
	 	712

HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554911
	 	DIVISIONE MODA	 	Sight	 	04/27/2004	 	39,120.90 USD
	0109AE00038
	 	ITALIAN REPUBLIC	 	 	 	05/20/2004	 	39,120.90 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554912
	 	LANIFICIO TEXCO S.P.A.	 	Sight	 	04/27/2004	 	194,862.50 USD
	0110AE00021
	 	ITALIAN REPUBLIC	 	 	 	06/12/2004	 	194,862.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554913
	 	ALTINYILDIZ CORP.	 	Sight	 	04/27/2004	 	21,022.00 USD
	0111AC00032
	 	UNITED STATES OF AMERICA	 	 	 	05/15/2004	 	21,022.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554914
	 	INDUSTRIA TESSILE SANESI S.P.A.	 	Sight	 	04/27/2004	 	52,260.00 USD
	0112AC00071
	 	ITALIAN REPUBLIC	 	 	 	05/22/2004	 	52,260.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554915
	 	LANIFICIO GIOVANNI MAGNI SPA	 	Sight	 	04/27/2004	 	32,917.50 USD
	0113AC00073
	 	ITALIAN REPUBLIC	 	 	 	05/22/2004	 	32,917.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554916
	 	ALTINYILDIZ CORP.	 	Sight	 	04/27/2004	 	12,682.00 USD
	0114AC00029
	 	UNITED STATES OF AMERICA	 	 	 	05/15/2004	 	12,682.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554917
	 	ALTINYILDIZ CORP.	 	Sight	 	04/27/2004	 	65,056.00 USD
	0115AC00066
	 	UNITED STATES OF AMERICA	 	 	 	06/04/2004	 	65,056.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554918
	 	MITSUI CO. LTD.	 	Sight	 	04/27/2004	 	68,130.00 USD
	0116AC00067
	 	JAPAN	 	 	 	06/14/2004	 	68,130.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554919
	 	MITSUI CO. LTD.	 	Sight	 	04/27/2004	 	34,065.00 USD
	0117AC00083
	 	JAPAN	 	 	 	06/20/2004	 	34,065.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554920
	 	MITSUI CO. LTD.	 	Sight	 	04/27/2004	 	3,735.00 USD
	0118AC00068
	 	JAPAN	 	 	 	06/14/2004	 	3,735.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554921
	 	TEXTILE IMPORTS LLC 	 	Sight	 	04/27/2004	 	9,200.00 USD
	0119AC00078
	 	UNITED STATES OF AMERICA	 	 	 	06/19/2004	 	9,200.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554922
	 	GEO MUCK CO., LTD. 	 	Sight	 	04/27/2004	 	1,860.00 USD
	0120AC00100
	 	REPUBLIC OF KOREA	 	 	 	06/04/2004	 	1,860.00 USD
	 
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	18 of 22

 

 

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 

	Customer Base Number 

Customer Name

	 	949148

KASPER ASL LTD
	 	Branch Code

Branch Name
	 	712

HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554923
	 	SILVER BELL CO., LTD.	 	Sight	 	04/27/2004	 	42,742.50       USD
	0121EK00026
	 	REPUBLIC OF KOREA	 	 	 	05/15/2004	 	42,742.50       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554924
	 	PROSPERITY SILK CO LTD	 	Sight	 	04/27/2004	 	19,932.50       USD
	0122EK00033
	 	HONG KONG	 	 	 	05/30/2004	 	19,932.50       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554925
	 	LANIFICIO FEDORA S.P.A	 	Sight	 	04/27/2004	 	48,450.00       USD
	0123AE00010
	 	ITALIAN REPUBLIC	 	 	 	05/22/2004	 	48,450.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554926
	 	YAGI TSUSHO LTD	 	Sight	 	04/27/2004	 	45,120.00       USD
	012410583
	 	JAPAN	 	 	 	05/15/2004	 	45,120.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554927
	 	FUTURE FABRICS INT’L INC.	 	Sight	 	04/27/2004	 	36,180.00       USD
	0125AY00026
	 	UNITED STATES OF AMERICA	 	 	 	05/25/2004	 	36,180.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554928
	 	TRISTATE TRADING LIMITED	 	Sight	 	04/27/2004	 	252,456.77      USD
	0126SG-5
	 	MACAU	 	 	 	06/07/2004	 	252,456.77      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554929
	 	TRISTATE TRADING LIMITED	 	Sight	 	04/27/2004	 	11,837.72       USD
	0127SG-6
	 	MACAU	 	 	 	05/31/2004	 	11,837.72       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554930
	 	YEE TUNG GARMENT COMPANY LTD.	 	Sight	 	04/27/2004	 	216,000.00      USD
	0128JG4307
	 	HONG KONG	 	 	 	06/15/2004	 	216,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554931
	 	EVRIM GIYIM SANAYI VE TIC A.S.	 	      Sight	 	04/27/2004	 	107,965.00      USD
	0129BLANKET
	 	TURKEY	 	 	 	08/07/2004	 	107,965.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554932
	 	EVRIM GIYIM SANAYI VE TIC A.S.	 	      Sight	 	04/27/2004	 	59,475.00       USD
	0130BLANKET
	 	TURKEY	 	 	 	08/07/2004	 	59,475.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554933
	 	SHANGHAI AVIATION I/E CO, LTD	 	Sight	 	04/29/2004	 	18,699.20       USD
	0131KU00074
	 	PEOPLE’S REPUBLIC OF CHINA	 	 	 	06/04/2004	 	18,699.20       USD

	 	 	 	 	 

	Report Date 05/03/2004 08:34:24 (EDT)

	 	DAILY OUTSTANDING
	 	19 of 22

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 	 	 	 	 

	Customer Base Number

	 	949148	 	 	Branch Code
	 	712	 
	
Customer  Name

	 	KASPER ASL LTD
	 	Branch Name
	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554934
	 	VISIONLAND CO., LTD.	 	Sight	 	04/29/2004	 	3,540.00 USD
	0132KU00061
	 	REPUBLIC OF KOREA	 	 	 	05/20/2004	 	3,540.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554935
	 	BONOTTO S.P.A.	 	Sight	 	04/29/2004	 	39,570.00 USD
	0133VF00001
	 	ITALIAN REPUBLIC	 	 	 	05/29/2004	 	39,570.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554936
	 	LAN LUIGI BOGGIO CASERO SRL	 	Sight	 	04/29/2004	 	27,270.00 USD
	0134AE00084
	 	ITALIAN REPUBLIC	 	 	 	06/02/2004	 	27,270.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554937
	 	LANIFICIO NUOVO RIVERA S.P.A.	 	Sight	 	04/29/2004	 	8,809.50 USD
	0135AC00062
	 	ITALIAN REPUBLIC	 	 	 	05/30/2004	 	8,809.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554938
	 	ALTINYILDIZ CORP.	 	Sight	 	04/29/2004	 	28,132.25 USD
	0136AC00064
	 	UNITED STATES OF AMERICA	 	 	 	06/04/2004	 	28,132.25 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554939
	 	LANIFICIO CAVERNI AND GRAMIGNI SPA	 	Sight	 	04/29/2004	 	23,587.50 USD
	0137AC00085
	 	ITALIAN REPUBLIC	 	 	 	06/15/2004	 	23,587.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554940
	 	WILHELM ZULEEG GMBH 	 	Sight	 	04/29/2004	 	175,972.50 USD
	0138AC00086
	 	 FEDERAL REPUBLIC OF GERMANY	 	 	 	06/24/2004	 	175,972.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554941
	 	PROSPERITY SILK CO LTD	 	Sight	 	04/29/2004	 	17,584.50 USD
	0139EK00008
	 	HONG KONG	 	 	 	06/04/2004	 	17,584.50 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554945
	 	HONG KONG ORIENTAL YE YANG INTL LTD	 	Sight	 	05/03/2004	 	7,918.95 USD
	0143KFBJO0401
	 	HONG KONG	 	 	 	05/30/2004	 	7,918.95 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554947
	 	RNC LEATHER, LLC	 	Sight	 	05/03/2004	 	94,292.00 USD
	0145RNC
	 	UNITED STATES OF AMERICA	 	 	 	06/01/2004	 	94,292.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554948
	 	RNC LEATHER, LLC	 	Sight	 	05/03/2004	 	8,925.00 USD
	0146RNC
	 	UNITED STATES OF AMERICA	 	 	 	06/01/2004	 	8,925.00 USD

					
	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)
	 	DAILY OUTSTANDING
	 	20 of 22

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 	 	 	 	 

	Customer Base Number

	 	 	949148	 	 	Branch Code
	 	 	712	 
	Customer Name

	 	 	KASPER ASL LTD
	 	Branch Name
	 	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554949
	 	MITSUI CO. LTD.	 	Sight	 	05/03/2004	 	44,042.00       USD
	0147AE00030
	 	JAPAN	 	 	 	06/04/2004	 	44,042.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554950
	 	ALTINYILDIZ CORP.	 	Sight	 	05/03/2004	 	3,852.00        USD
	0148AC00028
	 	UNITED STATES OF AMERICA	 	 	 	05/22/2004	 	3,852.00        USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554951
	 	INDUSTRIA TESSILE SANESI S.P.A.	 	Sight	 	05/03/2004	 	52,260.00       USD
	0149AC00071
	 	ITALIAN REPUBLIC	 	 	 	06/01/2004	 	52,260.00       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554952
	 	ALTINYILDIZ CORP.	 	Sight	 	05/03/2004	 	44,569.50       USD
	0150AC00063
	 	UNITED STATES OF AMERICA	 	 	 	06/04/2004	 	44,569.50       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554953
	 	TEXTILE IMPORTS LLC	 	Sight	 	05/03/2004	 	24,337.50       USD
	0151AC00074
	 	UNITED STATES OF AMERICA	 	 	 	06/18/2004	 	24,337.50       USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554954
	 	JINSE CO., LTD.	 	Sight	 	05/03/2004	 	500,000.00      USD
	0152BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554955
	 	JINSE CO., LTD.	 	Sight	 	05/03/2004	 	500,000.00      USD
	0153BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554956
	 	JINSE CO., LTD.	 	Sight	 	05/03/2004	 	500,000.00      USD
	0154BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554957
	 	JINSE CO., LTD.	 	Sight	 	05/03/2004	 	500,000.00      USD
	0155BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554958
	 	JINSE CO., LTD.	 	Sight	 	05/03/2004	 	500,000.00      USD
	0156BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554959
	 	JINSE CO., LTD.	 	Sight	 	05/03/2004	 	500,000.00      USD
	0157BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554960
	 	JINSE CO., LTD.	 	Sight	 	05/03/2004	 	500,000.00      USD
	0158BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00      USD
	 
	 	 	 	 	 	 	 	 	 	 

					
	Report Date 05/03/2004 08:34:24 (EDT)
	 	DAILY OUTSTANDING
	 	21 of 22

 

 

     

Outstanding Import Letters of Credit by Citibank LC Reference

	 	 	 	 	 	 	 	 	 	 	 

	Customer Base Number

	 	 	949148	 	 	Branch Code
	 	 	712	 
	Customer Name

	 	 	KASPER ASL LTD
	 	Branch Name
	 	 	HONG KONG CITIBANK

	 	 	 	 	 	 	 	 	 	 	 
	Citibank LC Reference	 	Exporter Name	 	Tenor Type	 	Issuance Date	 	Original Amount
	Importer LC Reference	 	Exporter Country	 	Tenor Terms	 	Expiry Date	 	Outstanding Amount
	5814554970
	 	JINSE CO., LTD.	 	sight	 	05/03/2004	 	500,000.00 USD
	0168BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	5814554971
	 	JINSE CO., LTD.	 	sight	 	05/03/2004	 	500,000.00 USD
	0169BLANKET
	 	REPUBLIC OF KOREA	 	 	 	11/20/2004	 	500,000.00 USD
	 
	 	 	 	 	 	 	 	 	 	 
	Count for 949148
	 	 	 	236	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Total Number of Transactions
	 	 	 	236	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Total Outstanding Amount For
	 	 	 	 	 	USD	 	43,092,284.64 USD

	 	 	 	 	 
	Report Date 05/03/2004 08:34:24 (EDT)
	 	DAILY OUTSTANDING
	 	22 of 22

 

 

     

			
	Import L/C  — Outstanding: by Bank Reference
	 	03 May 2004
	JONES APPAREL GROUP-NINEWEST
	 	7:55 AM

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Foreign Currency	 	 	 	 
	Fleet Reference	 	Jones Apparel Ref	 	Beneficiary Name  	 	Currency Code	 	 	Issue Date	 	Expiry Date	 	Outstanding Amount	 	 	Outstanding Amount	 
	01387001
	 	0028GV	 	ALNAHR ALKHALID INT CO	 	USD	 	 	26 Jan 2004	 	18 May 2004	 	 	0.00	 	 	 	219,972.88	 
	01387002
	 	0029GV	 	ALNAHR ALKHALID INT CO	 	USD	 	 	23 Jan 2004	 	30 Jul 2004	 	 	0.00	 	 	 	1,272,752.89	 
	01387004
	 	0031GV	 	DEFIANCE TRADING LLC	 	USD	 	 	23 Jan 2004	 	26 Apr 2004	 	 	0.00	 	 	 	301,722.12	 
	01387025
	 	00161205GV	 	MAVITEX	 	USD	 	 	30 Dec 2003	 	22 Jun 2004	 	 	0.00	 	 	 	742,182.85	 
	01387038
	 	0009ME622	 	SJ JERSEY ECUATORIANO C.A.	 	USD	 	 	09 Jan 2004	 	09 Apr 2004	 	 	0.00	 	 	 	102,047.06	 
	01387040
	 	0011ME624	 	M/S MAHABIR GARMENT INDUSTRIES	 	USD	 	 	09 Jan 2004	 	10 Apr 2004	 	 	0.00	 	 	 	7,740.61	 
	01387041
	 	0012ME625	 	JAY JAGADAMBA FASHION INDUSTRIES	 	USD	 	 	08 Jan 2004	 	20 Apr 2004	 	 	0.00	 	 	 	4,277.98	 
	01387044
	 	0015GV	 	MRC NAIROBI EPZ LTD	 	USD	 	 	14 Jan 2004	 	13 Jul 2004	 	 	0.00	 	 	 	1,647,320.72	 
	01387046
	 	0017ME628	 	OZSPRINT SPOR MALZIMALAT	 	USD	 	 	16 Jan 2004	 	14 Apr 2004	 	 	0.00	 	 	 	230,730.70	 
	01387047
	 	0018ME629	 	BAC TEKSTIL SAN VE TIC. LTD STI	 	USD	 	 	16 Jan 2004	 	15 May 2004	 	 	0.00	 	 	 	126,100.00	 
	01387048
	 	0019ME630	 	NIHSER TEKSTIL ITHALAT IHRACAT SAN	 	USD	 	 	16 Jan 2004	 	25 Apr 2004	 	 	0.00	 	 	 	148,073.00	 
	01387049
	 	0020ME631	 	TRAKYA TEKSTIL VE GIYIM	 	USD	 	 	16 Jan 2004	 	14 Apr 2004	 	 	0.00	 	 	 	194,670.11	 
	01387050
	 	0021ME632	 	POLARIS TEKSTIL SAN VE TIC AS	 	USD	 	 	16 Jan 2004	 	17 Apr 2004	 	 	0.00	 	 	 	90,712.36	 
	01387052
	 	0023ME634	 	WALDFORD HOLDINGS	 	USD	 	 	16 Jan 2004	 	05 Apr 2004	 	 	0.00	 	 	 	1,056.92	 
	01387055
	 	0026GV	 	GULF BARAKA APPAREL W.L.L.	 	USD	 	 	20 Jan 2004	 	30 Mar 2004	 	 	0.00	 	 	 	124,699.62	 
	01387061
	 	0042ME638	 	ULUDAG TEKSTIL KONFEKSIYON GIYIM	 	USD	 	 	28 Jan 2004	 	15 May 2004	 	 	0.00	 	 	 	162,117.99	 
	01387063
	 	GV0044	 	MEDITERRANEAN RESOURCES APPAREL	 	USD	 	 	06 Feb 2004	 	15 Jul 2004	 	 	0.00	 	 	 	2,058,821.09	 
	01387064
	 	GV0045	 	RISING SUN KENYA (EPZ) LTD	 	USD	 	 	13 Feb 2004	 	16 Mar 2004	 	 	0.00	 	 	 	86,237.49	 
	01387065
	 	GV0046	 	MONITEX	 	USD	 	 	06 Feb 2004	 	05 Jul 2004	 	 	0.00	 	 	 	544,065.22	 
	01387073
	 	ME6450055	 	M/S MAHABIR GARMENT INDUSTRIES	 	USD	 	 	06 Feb 2004	 	31 May 2004	 	 	0.00	 	 	 	207,849.59	 
	01387074
	 	ME6460056	 	SJ JERSEY ECUATORIANO C.A.	 	USD	 	 	06 Feb 2004	 	21 May 2004	 	 	0.00	 	 	 	79,857.50	 
	01387078
	 	GV0060	 	HITECH TEXTILE LLC	 	USD	 	 	11 Feb 2004	 	15 Jul 2004	 	 	0.00	 	 	 	1,917,576.87	 
	01387079
	 	GV0061	 	WING TAI ENTERPRISES LIMITED	 	USD	 	 	11 Feb 2004	 	04 Aug 2004	 	 	0.00	 	 	 	389,932.30	 
	01387080
	 	GV0062	 	RISING SUN KENYA (EPZ) LTD	 	USD	 	 	11 Feb 2004	 	29 Jun 2004	 	 	0.00	 	 	 	859,397.11	 
	01387081
	 	GV0063	 	GULF BARAKA APPAREL W.L.L.	 	USD	 	 	11 Feb 2004	 	15 Jun 2004	 	 	0.00	 	 	 	838,784.43	 
	01387082
	 	GV0064	 	MRC NAIROBI EPZ LTD	 	USD	 	 	11 Feb 2004	 	16 May 2004	 	 	0.00	 	 	 	684,181.89	 
	01387084
	 	GV0066	 	MEDITERRANEAN RESOURCES APPAREL	 	USD	 	 	11 Feb 2004	 	10 Jul 2004	 	 	0.00	 	 	 	1,379,016.82	 
	01387085
	 	GV0067	 	PETRA APPAREL	 	USD	 	 	11 Feb 2004	 	14 Jul 2004	 	 	0.00	 	 	 	2,245,224.78	 
	01387086
	 	ME6440054	 	JAY JAGADAMBA FASHION INDUSTRIES	 	USD	 	 	13 Feb 2004	 	31 May 2004	 	 	0.00	 	 	 	178,922.70	 
	01387087
	 	GV0068	 	MONITEX	 	USD	 	 	13 Feb 2004	 	26 Apr 2004	 	 	0.00	 	 	 	29,885.10	 
	01387088
	 	GV0069	 	SERVITEJO SA	 	USD	 	 	18 Feb 2004	 	18 May 2004	 	 	0.00	 	 	 	169,037.40	 
	01387090
	 	GV0071	 	PRESTIGE APPAREL MFG CO.	 	USD	 	 	23 Feb 2004	 	05 Jul 2004	 	 	0.00	 	 	 	1,428,900.76	 
	01387099
	 	GV0080	 	GULF BARAKA APPAREL W.L.L.	 	USD	 	 	24 Feb 2004	 	22 Jun 2004	 	 	0.00	 	 	 	649,597.58	 
	1387003
	 	0030GV	 	SOUTH ORIENT (PVT) LTD.	 	USD	 	 	26 Jan 2004	 	27 Apr 2004	 	 	0.00	 	 	 	78,029.18	 
	1387005
	 	0032GV	 	ORIT APPARELS PVT LTD.	 	USD	 	 	27 Jan 2004	 	02 Jun 2004	 	 	0.00	 	 	 	880,405.50	 
	1387011
	 	00011201GV	 	SOUTH ORIENT (PVT) LTD.	 	USD	 	 	09 Dec 2003	 	27 Apr 2004	 	 	0.00	 	 	 	31,727.62	 
	1387012
	 	00021201GV	 	UNION APPARELS (PVT) LTD.	 	USD	 	 	09 Dec 2003	 	20 Apr 2004	 	 	0.00	 	 	 	173,689.35	 

			
	 	 	 
	Page 1 of 5
	 	ImpBalBk.rpt

 

 

     

			
	Import L/C — Outstanding: by Bank Reference
	 	03 May 2004
	JONES APPAREL GROUP-NINEWEST
	 	7:55 AM

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Foreign Currency	 	 	 	 
	Fleet Reference	 	Jones Apparel Ref	 	Beneficiary Name 	 	Currency Code	 	 	Issue Date	 	Expiry Date	 	Outstanding Amount	 	 	Outstanding Amount	 
	1387013
	 	00031201GV	 	KANE APPARELS (PVT) LTD.	 	USD	 	 	09 Dec 2003	 	27 Apr 2004	 	 	0.00	 	 	 	127,202.23	 
	1387014
	 	00041201GV	 	MAGNUM GARMENTS LTD.	 	USD	 	 	10 Dec 2003	 	20 Apr 2004	 	 	0.00	 	 	 	12,168.06	 
	1387015
	 	00051202GV	 	FX GROUP INTERNATIONAL LIMITED	 	USD	 	 	09 Dec 2003	 	22 Apr 2004	 	 	0.00	 	 	 	"348,256.80	 
	1387017
	 	00071203GV	 	STERLING APPARELS LTD.	 	USD	 	 	09 Dec 2003	 	24 Jul 2004	 	 	0.00	 	 	 	1,163,929.12	 
	1387022
	 	00131205GV	 	SAYTAZ INTERNATIONAL	 	USD	 	 	09 Dec 2003	 	12 May 2004	 	 	0.00	 	 	 	582,364.63	 
	1387024
	 	00151205GV	 	DEFIANCE TRADING LLC	 	USD	 	 	24 Dec 2003	 	28 Jun 2004	 	 	0.00	 	 	 	2,149,528.97	 
	1387031
	 	0002ME615	 	MONTROSE MARKETING LTD.	 	USD	 	 	14 Jan 2004	 	14 Apr 2004	 	 	0.00	 	 	 	126,344.19	 
	1387032
	 	0003ME616	 	PRATTISON GARMENT LIMITED	 	USD	 	 	14 Jan 2004	 	19 Apr 2004	 	 	0.00	 	 	 	36,803.83	 
	1387033
	 	0004ME617	 	M/S EXEMPLARY COMPANY LTD.	 	USD	 	 	14 Jan 2004	 	21 Apr 2004	 	 	0.00	 	 	 	39,456.42	 
	1387034
	 	0005ME618	 	KUK RIM LIMITED	 	USD	 	 	14 Jan 2004	 	14 May 2004	 	 	0.00	 	 	 	490,921.67	 
	1387036
	 	0007ME620	 	KISH EXPORTS LIMITED	 	USD	 	 	14 Jan 2004	 	14 Apr 2004	 	 	0.00	 	 	 	66.26	 
	1387045
	 	0016GV	 	ORIT APPARELS PVT LTD.	 	USD	 	 	16 Jan 2004	 	04 May 2004	 	 	0.00	 	 	 	487,062.22	 
	1387060
	 	0041ME637	 	YAW CHING ENTERPRISE CO. LTD.	 	USD	 	 	29 Jan 2004	 	14 Apr 2004	 	 	0.00	 	 	 	23,500.00	 
	1387062
	 	ME6390043	 	SAMHAN CAMBODIA FABRIC CO., LTD.	 	USD	 	 	09 Feb 2004	 	21 May 2004	 	 	0.00	 	 	 	576,905.00	 
	1387066
	 	GV0047	 	ORIT APPARELS PVT LTD.	 	USD	 	 	06 Feb 2004	 	29 Jun 2004	 	 	0.00	 	 	 	1,128,061.11	 
	1387067
	 	GV0048	 	MAGNAUM GARMENTS LTD.	 	USD	 	 	10 Feb 2004	 	14 Apr 2004	 	 	0.00	 	 	 	61,460.03	 
	1387068
	 	GV0049	 	ORIT APPARELS PVT LTD.	 	USD	 	 	06 Feb 2004	 	20 Jul 2004	 	 	0.00	 	 	 	1,176,312.70	 
	1387069
	 	ME6400050	 	P.T. PAN RAMA VISTA GARMENT	 	USD	 	 	09 Feb 2004	 	20 Apr 2004	 	 	0.00	 	 	 	33,785.50	 
	1387070
	 	ME6410051	 	MONTROSE MARKETING LTD.	 	USD	 	 	06 Feb 2004	 	15 May 2004	 	 	0.00	 	 	 	120,808.63	 
	1387071
	 	ME6420052	 	KUK RIM LIMITED	 	USD	 	 	06 Feb 2004	 	21 May 2004	 	 	0.00	 	 	 	537,027.04	 
	1387072
	 	ME6430053	 	PRATTISON GARMENT LIMITED	 	USD	 	 	13 Feb 2004	 	17 May 2004	 	 	0.00	 	 	 	165,063.77	 
	1387075
	 	ME6470057	 	LEADING MANUFACTURER PTE LTD	 	USD	 	 	06 Feb 2004	 	21 May 2004	 	 	0.00	 	 	 	474,813.30	 
	1387076
	 	ME6480058	 	DAE GU APPAREL CORPORATION	 	USD	 	 	11 Feb 2004	 	16 May 2004	 	 	0.00	 	 	 	95,325.00	 
	1387083
	 	GV0065	 	ORIT APPARELS PVT LTD.	 	USD	 	 	11 Feb 2004	 	22 Jul 2004	 	 	0.00	 	 	 	6,744,924.24	 
	1387089
	 	GV0070	 	REALTY TEXTILE CO., LTD.	 	USD	 	 	19 Feb 2004	 	14 Apr 2004	 	 	0.00	 	 	 	261,515.13	 
	1387091
	 	ME6490072	 	INJAE TRADING	 	USD	 	 	23 Feb 2004	 	06 May 2004	 	 	0.00	 	 	 	53,200.00	 
	1387092
	 	ME6500073	 	EASTERN FORIA CORPORATION	 	USD	 	 	23 Feb 2004	 	20 Apr 2004	 	 	0.00	 	 	 	12,652.50	 
	1387093
	 	ME6510074	 	VICKA LIMITED	 	USD	 	 	23 Feb 2004	 	10 May 2004	 	 	0.00	 	 	 	16,452.61	 
	1387094
	 	ME6520075	 	JRB HOWARD INTERNATIONAL CO. LTD.	 	USD	 	 	24 Feb 2004	 	21 May 2004	 	 	0.00	 	 	 	47,720.15	 
	1387095
	 	ME6530076	 	YAW CHING ENTERPRISE CO. LTD.	 	USD	 	 	23 Feb 2004	 	21 May 2004	 	 	0.00	 	 	 	40,647.75	 
	1387096
	 	GV0077	 	KANE APPARELS (PVT) LTD.	 	USD	 	 	25 Feb 2004	 	13 Jul 2004	 	 	0.00	 	 	 	379,053.42	 
	1387097
	 	GV0078	 	KATUNAYAKE GARMENTS LTD	 	USD	 	 	24 Feb 2004	 	15 Jun 2004	 	 	0.00	 	 	 	45,735.90	 
	1387098
	 	GV0079	 	UNION APPARELS (PVT) LTD.	 	USD	 	 	24 Feb 2004	 	09 Jun 2004	 	 	0.00	 	 	 	156,089.59	 
	1387100
	 	ME6540081	 	KISH EXPORTS LIMITED	 	USD	 	 	24 Feb 2004	 	19 May 2004	 	 	0.00	 	 	 	73,546.88	 
	1387102
	 	ME6560083	 	CHANDER CREATIONS	 	USD	 	 	24 Feb 2004	 	10 May 2004	 	 	0.00	 	 	 	22,320.00	 
	64035901
	 	GV0084	 	UNION APPARELS (PVT) LTD.	 	USD	 	 	26 Feb 2004	 	27 Apr 2004	 	 	0.00	 	 	 	108,657.55	 
	64035902
	 	GV0085	 	MAGNUM GARMENTS LTD.	 	USD	 	 	26 Feb 2004	 	25 May 2004	 	 	0.00	 	 	 	211,419.98	 

			
	 	 	 
	Page 2 of 5
	 	ImpBalBk.rpt

 

 

     

			
	Import L/C  — Outstanding: by Bank Reference
	 	03 May 2004
	JONES APPAREL GROUP-NINEWEST
	 	7:55 AM

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Currency	 	 	Issue	 	Expiry	 	Foreign Currency	 	 	 	 
	Fleet Reference	 	Jones Apparel Ref	 	Beneficiary Name	 	Code	 	 	Date	 	Date	 	Outstanding Amount	 	 	Outstanding Amount	 
	64035903
	 	ME6570086	 	ULUDAG TEKSTIL KONFEKSIYON GIYIM	 	USD	 	 	03 Mar 2004	 	15 May 2004	 	 	0.00	 	 	 	551,884.92	 
	64035904
	 	ME6580087	 	EVRO MIR OOD	 	USD	 	 	03 Mar 2004	 	21 May 2004	 	 	0.00	 	 	 	161,870.00	 
	64035905
	 	ME6590088	 	ULUDAG TEKSTIL KONFEKSIYON GIYIM	 	USD	 	 	03 Mar 2004	 	17 Apr 2004	 	 	0.00	 	 	 	369,085.37	 
	64035906
	 	ME6610089	 	TRAKYA TEKSTIL VE GIYIM	 	USD	 	 	03 Mar 2004	 	15 May 2004	 	 	0.00	 	 	 	467,056.85	 
	64035907
	 	GV0090	 	ANANTA FASHION LTD.	 	USD	 	 	05 Mar 2004	 	30 Jul 2004	 	 	0.00	 	 	 	468,586.79	 
	64035908
	 	GV0091	 	ORIT APPARELS PVT LTD.	 	USD	 	 	05 Mar 2004	 	20 Jul 2004	 	 	0.00	 	 	 	202,179.26	 
	64035909
	 	ME6600092	 	M/S EXEMPLARY COMPANY LTD.	 	USD	 	 	05 Mar 2004	 	20 Jun 2004	 	 	0.00	 	 	 	243,283.00	 
	64035910
	 	ME6620093	 	MONTROSE MARKETING LTD.	 	USD	 	 	05 Mar 2004	 	14 Jun 2004	 	 	0.00	 	 	 	212,043.72	 
	64035911
	 	ME6630094	 	UNITEX FASHIONS (INDIA) PVT LTD	 	USD	 	 	05 Mar 2004	 	14 Jun 2004	 	 	0.00	 	 	 	162,163.56	 
	64035912
	 	ME6640095	 	LEADING MANUFACTURER PTE LTD	 	USD	 	 	05 Mar 2004	 	21 Jun 2004	 	 	0.00	 	 	 	703,025.10	 
	64035913
	 	ME6650096	 	SAMHAN CAMBODIA FABRIC CO., LTD.	 	USD	 	 	08 Mar 2004	 	30 May 2004	 	 	0.00	 	 	 	477,288.76	 
	64035914
	 	ME6660097	 	SJ JERSEY ECUATORIANO C.A.	 	USD	 	 	08 Mar 2004	 	12 Jun 2004	 	 	0.00	 	 	 	15,719.58	 
	64035915
	 	ME6670098	 	KUK RIM LIMITED	 	USD	 	 	05 Mar 2004	 	20 Jun 2004	 	 	0.00	 	 	 	4,454,599.96	 
	64035916
	 	ME6680099	 	SHANTOU SEZ LIANXING WEAVING CO.	 	USD	 	 	11 Mar 2004	 	20 Jun 2004	 	 	0.00	 	 	 	501,814.00	 
	64035917
	 	GV0100	 	MRC NAIROBI EPZ LTD	 	USD	 	 	11 Mar 2004	 	11 Aug 2004	 	 	0.00	 	 	 	1,189,266.88	 
	64035918
	 	GV0101	 	FX GROUP INTERNATIONAL LIMITED	 	USD	 	 	12 Mar 2004	 	15 Aug 2004	 	 	0.00	 	 	 	2,231,600.37	 
	64035919
	 	GV0102	 	REALTY TEXTILE CO., LTD.	 	USD	 	 	11 Mar 2004	 	15 May 2004	 	 	0.00	 	 	 	593,448.14	 
	64035920
	 	GV0103	 	ORIT APPARELS PVT LTD.	 	USD	 	 	11 Mar 2004	 	27 Jul 2004	 	 	0.00	 	 	 	476,315.75	 
	64035921
	 	GV0104	 	HITECH TEXTILE LLC	 	USD	 	 	17 Mar 2004	 	15 Jul 2004	 	 	0.00	 	 	 	1,340,225.69	 
	64035922
	 	GV0105	 	DEFIANCE TRADING LLC	 	USD	 	 	17 Mar 2004	 	24 Jun 2004	 	 	0.00	 	 	 	2,283,961.94	 
	64035923
	 	GV0106	 	KANE APPARELS (PVT) LTD.	 	USD	 	 	17 Mar 2004	 	05 Jul 2004	 	 	0.00	 	 	 	628,305.03	 
	64035924
	 	GV0107	 	UNION APPARELS (PVT) LTD.	 	USD	 	 	18 Mar 2004	 	05 Jul 2004	 	 	0.00	 	 	 	983,992.66	 
	64035925
	 	GV0108	 	MAGNUM GARMENTS LTD.	 	USD	 	 	17 Mar 2004	 	05 Jul 2004	 	 	0.00	 	 	 	439,192.60	 
	64035926
	 	GV0109	 	MEGA DIS TICARET LTD STIL	 	USD	 	 	22 Mar 2004	 	30 Apr 2004	 	 	0.00	 	 	 	47,880.00	 
	64035927
	 	GV0110	 	KATUNAYAKE GARMENTS LTD	 	USD	 	 	22 Mar 2004	 	06 Jul 2004	 	 	0.00	 	 	 	366,237.22	 
	64035928
	 	GV0111	 	MRC NAIROBI EPZ LTD	 	USD	 	 	22 Mar 2004	 	13 Jul 2004	 	 	0.00	 	 	 	1,480,024.97	 
	64035929
	 	ME6690112	 	CHANGCHUN QIYA GARMENT CO. LTD	 	USD	 	 	22 Mar 2004	 	20 Jun 2004	 	 	0.00	 	 	 	44,125.00	 
	64035930
	 	ME6700113	 	NANJING TEXTILES IMPORT AND EXPORT	 	USD	 	 	22 Mar 2004	 	21 Jun 2004	 	 	0.00	 	 	 	203,100.00	 
	64035931
	 	ME6170114	 	EVA SWEATER LIMITED	 	USD	 	 	22 Mar 2004	 	05 Jun 2004	 	 	0.00	 	 	 	135,610.23	 
	64035932
	 	ME6720115	 	NIHSER TEKSTIL ITHALAT IHRACAT SAN	 	USD	 	 	22 Mar 2004	 	15 May 2004	 	 	0.00	 	 	 	138,921.00	 
	64035933
	 	ME6740117	 	S.P.A.R.K.	 	USD	 	 	23 Mar 2004	 	20 Apr 2004	 	 	0.00	 	 	 	15,063.90	 
	64035934
	 	ME6750118	 	OZSPRINT SPOR MALZ IMALAT	 	USD	 	 	22 Mar 2004	 	30 Apr 2004	 	 	0.00	 	 	 	137,447.00	 
	64035935
	 	GV0119	 	SERVITEJO SA	 	USD	 	 	22 Mar 2004	 	05 May 2004	 	 	0.00	 	 	 	108,906.00	 
	64035936
	 	ME6730016	 	MUDANJIANG TIANYE IMPORT AND	 	USD	 	 	24 Mar 2004	 	20 Jun 2004	 	 	0.00	 	 	 	95,262.50	 
	64035937
	 	GV0120	 	DEFIANCE TRADING LLC	 	USD	 	 	26 Mar 2004	 	21 Jun 2004	 	 	0.00	 	 	 	445,319.29	 
	64035938
	 	GV0121	 	DEFIANCE TRADING LLC	 	USD	 	 	26 Mar 2004	 	25 May 2004	 	 	0.00	 	 	 	99,939.53	 
	64035939
	 	GV0122	 	DEFIANCE TRADING LLC	 	USD	 	 	26 Mar 2004	 	04 Jun 2004	 	 	0.00	 	 	 	585,734.48	 

			
	 	 	 
	Page 3 of 5
	 	ImpBalBk.rpt

 

     

			
	Import L/C - Outstanding: by Bank Reference
	 	03 May 2004
	JONES APPAREL GROUP-NINEWEST
	 	7:55 AM

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Foreign Currency	 	 	 	 
	 	 	 	 	 	 	Currency	 	 	Issue	 	Expiry	 	Outstanding	 	 	 	 
	Fleet Reference	 	Jones Apparel Ref	 	Beneficiary Name  	 	Code	 	 	Date	 	Date	 	Amount	 	 	Outstanding Amount	 
	64035940
	 	GV0123	 	DEFIANCE TRADING LLC	 	USD	 	 	26 Mar 2004	 	13 Jul 2004	 	 	0.00	 	 	 	1,716,305.10	 
	64035941
	 	GV0124	 	SUNTEX INTEGRATED INC.	 	USD	 	 	26 Mar 2004	 	14 Jun 2004	 	 	0.00	 	 	 	704,876.63	 
	64035942
	 	GV0125	 	MANUFACTURAS TEXTILES IMATEX LTDA	 	USD	 	 	26 Mar 2004	 	20 Jun 2004	 	 	0.00	 	 	 	287,242,20	 
	64035943
	 	ME6760126	 	M/S UNICON INTERNATIONAL PVT LTD	 	USD	 	 	26 Mar 2004	 	14 Jun 2004	 	 	0.00	 	 	 	80,250.00	 
	64035944
	 	0127ME677	 	EVER PROSPER BUSINESS CO. LTD	 	USD	 	 	26 Mar 2004	 	20 Jun 2004	 	 	0.00	 	 	 	140,574.40	 
	64035945
	 	ME6780128	 	YAW CHING ENTERPRISE CO. LTD.	 	USD	 	 	26 Mar 2004	 	05 Jun 2004	 	 	0.00	 	 	 	204,864.10	 
	64035946
	 	ME6790129	 	KUK RIM LIMITED	 	USD	 	 	26 Mar 2004	 	21 Jul 2004	 	 	0.00	 	 	 	2,885,341.76	 
	64035947
	 	ME6800130	 	DAE GU APPAREL CORPORATION	 	USD	 	 	29 Mar 2004	 	21 Jul 2004	 	 	0.00	 	 	 	483,655.57	 
	64035948
	 	ME6810131	 	SHANTOU SEZ LIANXING WEAVING CO.	 	USD	 	 	29 Mar 2004	 	21 Jul 2004	 	 	0.00	 	 	 	289,849.50	 
	64035949
	 	ME6820132	 	SAMHAN CAMBODIA FABRIC CO., LTD.	 	USD	 	 	29 Mar 2004	 	06 Jul 2004	 	 	0.00	 	 	 	39,337.50	 
	64035950
	 	ME6830133	 	PT. DAEYU POLEKO INDONESIA	 	USD	 	 	29 Mar 2004	 	06 Jul 2004	 	 	0.00	 	 	 	92,925.00	 
	64035951
	 	ME6840134	 	LIAONING CHENG DA ENTERPRISES CO.	 	USD	 	 	29 Mar 2004	 	21 Jul 2004	 	 	0.00	 	 	 	154,846.25	 
	64035952
	 	ME6850138	 	XINRUN KNITTING CO. LTD	 	USD	 	 	30 Mar 2004	 	19 Jul 2004	 	 	0.00	 	 	 	165,918.79	 
	64035953
	 	ME6860139	 	ULUDAG TEKSTIL KONFEKSIYON GIYIM	 	USD	 	 	02 Apr 2004	 	30 May 2004	 	 	0.00	 	 	 	89,444.00	 
	64035954
	 	GV0140	 	MUSTAFA AND KAMAL ASHRAF TRADING	 	USD	 	 	09 Apr 2004	 	30 Jun 2004	 	 	0.00	 	 	 	218,920.32	 
	64035955
	 	GV0141	 	CONFECCIONES TEXTILES EL AGUILA	 	USD	 	 	09 Apr 2004	 	25 Jun 2004	 	 	0.00	 	 	 	95,388.30	 
	64035956
	 	ME6870142	 	M/S EXEMPLARY COMPANY LTD.	 	USD	 	 	13 Apr 2004	 	06 Jul 2004	 	 	0.00	 	 	 	373,115.22	 
	64035957
	 	ME6880143	 	MONTROSE MARKETING LTD.	 	USD	 	 	13 Apr 2004	 	15 Jul 2004	 	 	0.00	 	 	 	96,812.78	 
	64035958
	 	ME6900144	 	ORIENT CRAFT LIMITED	 	USD	 	 	13 Apr 2004	 	20 Jun 2004	 	 	0.00	 	 	 	109,915.39	 
	64035959
	 	ME6910145	 	EVER PROSPER BUSINESS CO. LTD	 	USD	 	 	14 Apr 2004	 	01 Jul 2004	 	 	0.00	 	 	 	123,583.93	 
	64035960
	 	ME6920146	 	M/S UNICON INTERNATIONAL PVT LTD	 	USD	 	 	09 Apr 2004	 	15 Jul 2004	 	 	0.00	 	 	 	241,021.50	 
	64035961
	 	ME6930147	 	LEADING MANUFACTURER PTE LTD	 	USD	 	 	13 Apr 2004	 	21 Jul 2004	 	 	0.00	 	 	 	109,900.00	 
	64035962
	 	ME6940148	 	INJAE TRADING	 	USD	 	 	14 Apr 2004	 	15 Jul 2004	 	 	0.00	 	 	 	130,474.81	 
	64035963
	 	ME6890149	 	NANJING TEXTILES IMPORT AND EXPORT	 	USD	 	 	15 Apr 2004	 	21 Jul 2004	 	 	0.00	 	 	 	175,293.00	 
	64035964
	 	GV0150	 	KANE APPARELS (PVT) LTD.	 	USD	 	 	16 Apr 2004	 	05 Jul 2004	 	 	0.00	 	 	 	44,672.59	 
	64035965
	 	GV0151	 	DEFIANCE TRADING LLC	 	USD	 	 	15 Apr 2004	 	23 Jun 2004	 	 	0.00	 	 	 	249,682.25	 
	64035966
	 	0152GV	 	DEFIANCE TRADING LLC	 	USD	 	 	15 Apr 2004	 	11 Jun 2004	 	 	0.00	 	 	 	484,506.26	 
	64035967
	 	GV0153	 	ORIT APPARELS PVT LTD.	 	USD	 	 	15 Apr 2004	 	10 Aug 2004	 	 	0.00	 	 	 	270,893.10	 
	64035968
	 	GV0154	 	UNION APPARELS (PVT) LTD.	 	USD	 	 	15 Apr 2004	 	11 Aug 2004	 	 	0.00	 	 	 	827,056.28	 
	64035969
	 	GV0155	 	KATUNAYAKE GARMENTS LTD	 	USD	 	 	15 Apr 2004	 	11 Aug 2004	 	 	0.00	 	 	 	266,425.32	 
	64035970
	 	GV0156	 	MAGNUM GARMENTS LTD.	 	USD	 	 	15 Apr 2004	 	11 Aug 2004	 	 	0.00	 	 	 	298,226.41	 
	64035971
	 	GV0157	 	ORIT APPARELS PVT LTD.	 	USD	 	 	15 Apr 2004	 	11 Aug 2004	 	 	0.00	 	 	 	4,727,309.69	 
	64035972
	 	GV0159	 	ORIT APPARELS PVT LTD.	 	USD	 	 	16 Apr 2004	 	05 Sep 2004	 	 	0.00	 	 	 	230,958.12	 
	64035973
	 	GV00159	 	KANE APPARELS (PVT) LTD.	 	USD	 	 	16 Apr 2004	 	11 Aug 2004	 	 	0.00	 	 	 	152,588.10	 
	64035974
	 	GV0160	 	ALNAHR ALKHALID INT CO	 	USD	 	 	23 Apr 2004	 	09 Jul 2004	 	 	0.00	 	 	 	1,326,603.76	 
	64035975
	 	ME6950161	 	SUN TAY LON CO. LTD	 	USD	 	 	23 Apr 2004	 	21 Jul 2004	 	 	0.00	 	 	 	61,400.00	 
	64035976
	 	ME6960162	 	THOUSAND LANE LTD.	 	USD	 	 	23 Apr 2004	 	21 Jul 2004	 	 	0.00	 	 	 	74,500.00	 

			
	 	 	 
	Page 4 of 5
	 	ImpBalBk.rpt

 

     

			
	Import L/C — Outstanding: by Bank Reference
	 	03 May 2004
	JONES APPAREL GROUPS — NINEWEST
	 	7:55 AM

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Foreign Currency	 	 	 	 
	Fleet Reference	 	Jones Apparel Ref	 	Beneficiary Name	 	Currency Code	 	 	Issue Date	 	Expiry Date	 	Outstanding Amount	 	 	Outstanding Amount	 
	64035977
	 	ME6970163	 	YAW CHING ENTERPRISE CO. LTD.	 	USD	 	 	23 Apr 2004	 	14 Jul 2004	 	 	0.00	 	 	 	56,250.00	 
	64035978
	 	ME6980164	 	JRB HOWARD INTERNATIONAL CO. LTD. 	 	USD	 	 	23 Apr 2004	 	21 Jul 2004	 	 	0.00	 	 	 	270,490.00	 
	64035979
	 	ME6990165	 	ULUDAG TEKSTIL KONFEKSIYON GIYIM 	 	USD	 	 	23 Apr 2004	 	30 Jun 2004	 	 	0.00	 	 	 	97,315.00	 
	64035980
	 	ME7000166	 	OZSPRINT SPOR MALZ IMALAT	 	USD	 	 	23 Apr 2004	 	30 Jun 2004	 	 	0.00	 	 	 	137,447.00	 
	64035981
	 	ME7010167	 	J/V SHAYHONTOHUR TEKSTIL	 	USD	 	 	29 Apr 2004	 	05 Jul 2004	 	 	0.00	 	 	 	487,776.59	 
	64035982
	 	GV0168	 	GULF BARAKA APPAREL W.L.L.	 	USD	 	 	29 Apr 2004	 	25 May 2004	 	 	0.00	 	 	 	286,761.83	 
	64035983
	 	GV0169	 	GULF BARAKA APPAREL W.L.L.	 	USD	 	 	29 Apr 2004	 	29 Jun 2004	 	 	0.00	 	 	 	764,425.33	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	Grand Total:	 	 	81,604,045.00	 

Selection Criteria:

			
	 	 	 
	Page 5 of 5
	 	ImpBalBk.rpt

 

			
	Subsidiaries and Capitalization
	 	Schedule 7.1(b)

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	State/Country	 	 	 	 	 	 	 	Shares Issued and	 
	Name of Corporation	 	of Incorporation	 	Type of Shares	 	Shares Authorized	 	 	Outstanding	 
	Anne Klein ULC
	 	Canada	 	Common	 	 	100,000	 	 	 	1	 
	Apparel Testing Services, Inc.
	 	New Jersey	 	Common	 	 	1,000	 	 	 	100	 
	Asia Expert Limited
	 	Hong Kong	 	HK$	 		500,000	 	 	 	100	 
	Camisas de Juarez, S.A. de C.V.
	 	Mexico	 	Series A	 	 	2,000	 	 	 	2,000	 
	 
	 	 	 	Series B	 	 	35,411,970	 	 	 	35,411,970	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	CNC West Division Mexico, S.A. de C.V. (in liquidation)
	 	Mexico	 	Common	 	 	50,000	 	 	 	49,999	 
	Exportex de Mexico, S.A. de C.V.
	 	Mexico	 	Common	 	 	1,000	 	 	 	1,000	 
	Greater Durango, S. de R.L. de C.V.
	 	Mexico	 	Common	 	 	3,000	 	 	 	3,000	 
	Import Technology of Texas, Inc.
	 	Texas	 	Common	 	 	500,000	 	 	 	1,000	 
	JAG Management Services, Inc.
	 	Delaware	 	Common	 	 	200	 	 	 	60	 
	Jones Apparel Group Canada Inc.
	 	Canada	 	Common	 	Unlimited	 	 	 	6,010,907	 
	Jones Apparel Group Holdings, Inc.
	 	Delaware	 	Common	 	 	1,000	 	 	 	1,000	 
	Jones Apparel Group, Inc.
	 	Pennsylvania	 	Common	 	 	201,000,000	 	 	 	126,068,631	/*
	Jones Apparel Group USA, Inc.
	 	Pennsylvania	 	Common	 	 	1,000	 	 	 	1,000	 
	Jones Apparel of Texas, Ltd. (Partnership)
	 	Texas	 	 	 	 	 	 	 	 	 	 
	.5% is owned by Import Technology of Texas, Inc.
and 99.5% is owned by Sun Apparel, Inc.
	 	 	 	 	 	 	 	 	 	 	 	 
	Jones Factor Company
	 	Delaware	 	Common	 	 	1,000	 	 	 	1,000	 
	Jones International Limited
	 	Hong Kong	 	Common	 	 	100	 	 	 	100	 
	Jones Investment Co., Inc.
	 	Delaware	 	Common	 	 	200	 	 	 	100	 
	Jones Management Service Company
	 	Delaware	 	Common	 	 	1,000	 	 	 	1,000	 
	Jones Retail Corporation
	 	New Jersey	 	Common	 	 	1,000	 	 	 	100	 
	Kasper, Ltd.
	 	Delaware	 	Common	 	 	1,000	 	 	 	100	 
	Kasper Canada ULC
	 	Canada	 	Common	 	 	100,000	 	 	 	100	 
	Kasper Europe, Ltd.
	 	Delaware	 	Common	 	 	1,500	 	 	 	100	 
	Kasper Holdings, Inc.
	 	Delaware	 	Common	 	 	1,000	 	 	 	100	 
	Kasper Partnership, G.P.
	 	Canada	 	Common	 	 	100	 	 	 	100	 
	Maquilas Pami, S.A. de C.V.
	 	Mexico	 	Common	 	 	100	 	 	 	100	 
	Manufacturera Sun Apparel, S. de R.L. de C.V.
	 	Mexico	 	Common	 	 	3,000	 	 	 	3,000	 
	McNaughton Apparel Group Inc.
	 	Delaware	 	Common	 	 	1,000	 	 	 	1,000	 
	Nine West Accessories (HK) Limited
	 	Hong Kong	 	Ordinary	 	 	10,000	 	 	 	2	 
	Nine West Canada Corporation (in liquidation)
	 	Canada	 	Common	 	Unlimited	 	 	 	1	 
	Nine West Development Corporation
	 	Delaware	 	Common	 	 	3,000	 	 	 	1,000	 
	Nine West Footwear Corporation
	 	Delaware	 	Common	 	 	3,000	 	 	 	1,000	 
	Nine West Group Italy S.r.l. (in liquidation)
	 	Italy	 	Ordinary	 	 	20,000,000	 	 	 	20,000	 
	Nine West Melbourne Pty. Ltd.
	 	Australia	 	Ordinary	 	 	100,000	 	 	 	100	 
	Nine West Serviços de Assessoria de Compras Ltda. (in
liquidation)
	 	Brazil	 	Reais	 	R514.430,00reais	 	 	R514.430,00reais	 
	Norton McNaughton of Squire, Inc.
	 	New York	 	Common	 	 	15,000	 	 	 	10,000	 
	Sun Apparel, Inc.
	 	Delaware	 	Common	 	 	200	 	 	 	200	 
	Victoria + Co International Ltd.
	 	Delaware	 	Common	 	 	1,000	 	 	 	1,000	 
	Victoria + Co Ltd.
	 	Rhode Island	 	Common	 	 	3,450	 	 	 	3,450	 

 

			
	*	 	This outstanding amount is as of 3/19/04

 

 

Schedule 7.1(n)

No Material Adverse Change

 

 

Schedule 7.1(p)

JONES APPAREL GROUP, INC.

SCHEDULE OF DEBT

AS OF MAY 1, 2004

	 	 	 	 	 	 	 	 	 
	 	 	Interest Rate	 	 	Balance at 5/01	 
	Jones Apparel Group USA, Inc.
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Bank of America
	 	 	 	 	 	 	 	 
	(Tennessee warehouses)
	 	Various	 	$	1,666,666	 
	 
	 	 	 	 	 	 	 	 
	Capital Leases
	 	 	 	 	 	 	 	 
	Computer Equipment
	 	Various	 	$	15,859,289	 
	 
	 	 	 	 	 	 	 	 
	7.50% Senior Notes due 2004
	 	 	7.50	%	 	$	174,963,353	 
	7.875% Senior Notes due 2006
	 	 	7.875	%	 	$	224,338,122	 
	 
	 	 	 	 	 	 	 	 
	Nine West Group, Inc.
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	8.375% Series B Senior Notes due 2005
	 	 	8.375	%	 	$	129,525,228	 
	 
	 	 	 	 	 	 	 	 
	Capital Leases
	 	 	 	 	 	 	 	 
	Equipment
	 	Various	 	$	283,175	 
	 
	 	 	 	 	 	 	 	 
	Jones Retail Corporation
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Capital Leases
	 	 	 	 	 	 	 	 
	Equipment
	 	Various	 	$	1,690,903	 
	 
	 	 	 	 	 	 	 	 
	McNaughton
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Capital Lease
	 	 	 	 	 	 	 	 
	(Virginia warehouse)
	 	 	7.20	%	 	$	24,935,881	 
	 
	 	 	 	 	 	 	 	 
	Jones Management Service
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Capital Leases
	 	 	 	 	 	 	 	 
	Equipment
	 	Various	 	$	3,353,934	 
	 
	 	 	 	 	 	 	 	 
	Jones International Limited
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Capital Leases
	 	 	 	 	 	 	 	 
	Equipment
	 	Various	 	$	54,601	 

 

 

JONES APPAREL GROUP, INC.

SCHEDULE OF INTERCOMPANY DEBT

AS OF MAY 1, 2004

	 	 	 	 	 	 	 	 	 

	Jones Apparel Group USA, Inc.
	 	 	 	 	 	 	 	 
	Due to Jones Canada
	 	$	13,487,093	 	 	 	 	 
	Due to Kasper
	 	 	5,606,188	 	 	 	 	 
	Due to Nine West
	 	 	284,743,102	 	 	 	 	 
	Due to Jones Apparel of Texas
	 	 	45,159,927	 	 	 	 	 
	Due to Jones Investment Company
	 	 	46,646,722	 	 	 	 	 
	Due to Apparel Testing Services
	 	 	555,979	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	396,199,011	 
	 
	 	 	 	 	 	 	 	 
	Nine West Footwear
	 	 	 	 	 	 	 	 
	Due to Jones Apparel of Texas
	 	$	402,265	 	 	 	 	 
	Due to Jones Retail Corporation
	 	 	235,055,968	 	 	 	 	 
	Due to Kasper Canada
	 	 	147,878	 	 	 	 	 
	Due to Nine West International — Italy
	 	 	627,571	 	 	 	 	 
	Due to Nine West Development
	 	 	21,182,435	 	 	 	 	 
	Due to Jones Management Service Company
	 	 	8,586,270	 	 	 	 	 
	Due to Jones Investment Company
	 	 	753,074	 	 	 	 	 
	Due to Jones Apparel Group Holdings
	 	 	2,117,122	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	268,872,583	 
	 
	 	 	 	 	 	 	 	 
	Jones Apparel of Texas
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group, Inc.
	 	$	13,242,003	 	 	 	 	 
	Due to Jones Canada
	 	 	2,994	 	 	 	 	 
	Due to RL Management, Inc.
	 	 	1,196,224	 	 	 	 	 
	Due to Jones Management Service Company
	 	 	10,058,021	 	 	 	 	 
	Due to Jones Investment Company
	 	 	1,304,983	 	 	 	 	 
	Due to Apparel Testing Services
	 	 	2,584	 	 	 	 	 
	Due to Jones International Limited
	 	 	1,378,943	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	27,185,752	 
	 
	 	 	 	 	 	 	 	 
	Jones Retail Corp.
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	249,065,127	 	 	 	 	 
	Due to Jones Apparel Group, Inc.
	 	 	791,340	 	 	 	 	 
	Due to Jones Apparel of Texas
	 	 	5,801,389	 	 	 	 	 
	Due to Kasper
	 	 	27,427,372	 	 	 	 	 
	Due to Nine West Development
	 	 	33,747,588	 	 	 	 	 
	Due to Jones Factor Company
	 	 	971	 	 	 	 	 
	Due to Jones Management Service Company
	 	 	6,326,657	 	 	 	 	 
	Due to Nine West Footwear
	 	 	123,602,810	 	 	 	 	 
	Due to Victoria
	 	 	843,230	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	447,606,484	 
	 
	 	 	 	 	 	 	 	 
	Jones Apparel Group Canada Inc.
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group Inc.
	 	$	5,445,720	 	 	 	 	 

2

 

	 	 	 	 	 	 	 	 	 

	Due to Nine West International — Canada
	 	 	6,051	 	 	 	 	 
	Due to Jones International Limited
	 	 	258,522	 	 	 	 	 
	Due to McNaughton Apparel
	 	 	7,337	 	 	 	 	 
	Due to Jones Apparel of Texas
	 	 	22,553	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	5,740,183	 
	 
	 	 	 	 	 	 	 	 
	Victoria + Co
	 	 	 	 	 	 	 	 
	Due to Jones Investment Company
	 	$	4,617,271	 	 	 	 	 
	Due to Jones Apparel Group, USA
	 	 	8,536,352	 	 	 	 	 
	Due to Jones Apparel Group, Inc.
	 	 	980,803	 	 	 	 	 
	Due to Jones Apparel of Texas
	 	 	59,391	 	 	 	 	 
	Due to Jones Management Service Company
	 	 	28,542,478	 	 	 	 	 
	Due to Nine West Footwear
	 	 	3,659,251	 	 	 	 	 
	Due to Nine West Development
	 	 	2,635,955	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	49,031,501	 
	 
	 	 	 	 	 	 	 	 
	McNaughton Apparel Group
	 	 	 	 	 	 	 	 
	Due to Nine West Development
	 	$	3,350,765	 	 	 	 	 
	Due to Jones Management Service Company
	 	 	11,540,608	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	 	155,191,635	 	 	 	 	 
	Due to Jones Canada
	 	 	1,249	 	 	 	 	 
	Due to Jones Apparel of Texas
	 	 	3,154,660	 	 	 	 	 
	Due to Victoria
	 	 	1,760,007	 	 	 	 	 
	Due to Jones Retail Corporation
	 	 	6,700,798	 	 	 	 	 
	Due to Nine West Footwear
	 	 	44,576	 	 	 	 	 
	Due to Apparel Testing Services
	 	 	151,187	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	181,895,485	 
	 
	 	 	 	 	 	 	 	 
	Jones Investment Company Inc.
	 	 	 	 	 	 	 	 
	Due to Kasper
	 	$	68,595,994	 	 	 	 	 
	Due to Lion Licensing, LTD
	 	 	4,475,687	 	 	 	 	 
	Due to Jones Retail Corporation
	 	 	3,665,967	 	 	 	 	 
	Due to McNaughton Apparel
	 	 	193,293,236	 	 	 	 	 
	Due to Jones Apparel Group Holdings
	 	 	3,597,808	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	273,628,692	 
	 
	 	 	 	 	 	 	 	 
	Jones Apparel Group Holdings, Inc.
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	142,981,493	 	 	 	 	 
	Due to Jones Apparel Group, Inc.
	 	 	115,762	 	 	 	 	 
	Due to Jones Factor Company
	 	 	8	 	 	 	 	 
	Due to Nine West Development
	 	 	303,624	 	 	 	 	 
	Due to Jones Retail Corp
	 	 	24,545,612	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	167,946,499	 
	 
	 	 	 	 	 	 	 	 
	Jones Management Service Company
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	48,000,749	 	 	 	 	 
	Due to RL Management, Inc.
	 	 	394,875	 	 	 	 	 
	Due to Nine West Development
	 	 	3,712,199	 	 	 	 	 
	Due to Jones Investment Company
	 	 	10,521,670	 	 	 	 	 
	Due to Jones Apparel Group Holdings
	 	 	254,826	 	 	 	 	 
	Due to Jones International Limited
	 	 	700,000	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	63,584,319	 

3

 

	 	 	 	 	 	 	 	 	 

	Nine West Development Corp.
	 	 	 	 	 	 	 	 
	Due to Jones Investment Company
	 	$	1,338,418	 	 	 	 	 
	Due to Jones Apparel Group, USA
	 	 	5,937,554	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	7,275,972	 
	 
	 	 	 	 	 	 	 	 
	Nine West International — Canada
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	4,839	 	 	 	 	 
	Due to Jones Retail Corporation
	 	 	148,189	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	153,028	 
	 
	 	 	 	 	 	 	 	 
	Nine West International – Hong Kong
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	495	 	 	 	 	 
	Due to Jones Retail Corporation
	 	 	36,326	 	 	 	 	 
	Due to Nine West Footwear
	 	 	364,592	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	401,413	 
	 
	 	 	 	 	 	 	 	 
	Nine West International – Italy
	 	 	 	 	 	 	 	 
	Due to Jones Retail Corporation
	 	 	 	 	 	 	298,387	 
	 
	 	 	 	 	 	 	 	 
	Jones International, Ltd.
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	5,354,943	 	 	 	 	 
	Due to Kasper
	 	 	539,380	 	 	 	 	 
	Due to Nine West International – Hong Kong
	 	 	495	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	5,894,818	 
	 
	 	 	 	 	 	 	 	 
	Jones Factor Company
	 	 	 	 	 	 	 	 
	Due to Jones Management Service Company
	 	$	8,663	 	 	 	 	 
	Due to Nine West Development
	 	 	3,624	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	12,287	 
	 
	 	 	 	 	 	 	 	 
	Jones Apparel Group, Inc.
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group, USA
	 	$	99,017,477	 	 	 	 	 
	Due to Kasper
	 	 	5,225	 	 	 	 	 
	Due to Nine West Footwear
	 	 	2,773,146	 	 	 	 	 
	Due to Norton McNaughton
	 	 	14,606,557	 	 	 	 	 
	Due to Jones Management Service Company
	 	 	40,276	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	116,442,621	 
	 
	 	 	 	 	 	 	 	 
	JAG Management Services
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	1,062,225	 	 	 	 	 
	Due to Jones Apparel Group, Inc.
	 	 	6,867	 	 	 	 	 
	Due to Jones Retail Corporation
	 	 	24,654	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	1,093,746	 
	 
	 	 	 	 	 	 	 	 
	Kasper
	 	 	 	 	 	 	 	 
	Due to Jones Canada
	 	$	586	 	 	 	 	 
	Due to Jones Apparel of Texas
	 	 	1,267,771	 	 	 	 	 
	Due to Asia Expert LTD
	 	 	3,099,433	 	 	 	 	 
	Due to Nine West Footwear
	 	 	2,240,806	 	 	 	 	 
	Due to Norton McNaughton
	 	 	58,445	 	 	 	 	 

4

 

	 	 	 	 	 	 	 	 	 

	Due to Jones Management Service Company
	 	 	1,524,664	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	8,191,705	 
	 
	 	 	 	 	 	 	 	 
	Lion Licensing
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	4,986	 	 	 	 	 
	Due to Kasper
	 	 	28,705,500	 	 	 	 	 
	Due to Nine West Development
	 	 	3,624	 	 	 	 	 
	Due to Jones Investment Company
	 	 	4,475,687	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	33,189,797	 
	 
	 	 	 	 	 	 	 	 
	NSC Acquisition Corporation
	 	 	 	 	 	 	 	 
	Due to Jones Apparel Group USA
	 	$	305,659	 	 	 	 	 
	Due to Jones Apparel Group, Inc.
	 	 	42,100	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	347,759	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	$	2,054,992,042	 
	 
	 	 	 	 	 	 	 

5

 

Schedule 7.1(q)

Litigation

 

Schedule 11.3

Existing Liens

	1.	 	Liens, if any, in respect of certain computer equipment, POS equipment, warehouse
equipment, copiers and other office equipment and office furniture used by the Credit
Parties and their Subsidiaries which are subject to leases, which Liens, in the aggregate,
do not have a Material Adverse Effect.

	 
	2.	 	Liens, if any, in respect of the intellectual property acquired pursuant to the
acquisition by Nine West Group Inc. of the footwear business of The United States Shoe
Corporation, which Liens, in the aggregate, do not have a Material Adverse Effect.

 

 

Schedule 11.4

Page 1 of 3

JONES APPAREL GROUP, INC.

LOANS AND ADVANCES TO CONTRACTORS

AS OF MAY 1, 2004

	 	 	 	 
	 	 	 
	 
	 	$	0
	 
	 	 	 
	 
	 	 	 
	TOTAL LOANS AND ADVANCES

TO CONTRACTORS
	 	$	0
	 
	 	 	 

 

 

Schedule 11.4

Page 2 of 3

JONES APPAREL GROUP, INC.

LOANS AND ADVANCES TO EMPLOYEES

AS OF MAY 1, 2004

	 	 	 	 	 

	SUN APPAREL
	 	$	50,222	 
	 
	 	 	 	 
	JONES MANAGEMENT SERVICE COMPANY
	 	$	99,700	 
	 
	 	 	 	 
	JONES CANADA
	 	$	2,272	 
	 
	 	 	 
	 
	 	 	 	 
	TOTAL LOANS AND ADVANCES
TO EMPLOYEES
	 	$	152,194	 
	 
	 	 	 

 

 

Schedule 11.4

Page 3 of 3

JONES APPAREL GROUP, INC.

INVESTMENTS

AS OF MAY 1, 2004

	 	 	 	 	 

	JAG USA
	 	$	11,592	 
	JONES INVESTMENT
	 	$	3,340,266	 
	 
	 	 	 
	 
	 	 	 	 
	TOTAL INVESTMENTS (including overnight deposits)
	 	$	3,351,858	 
	 
	 	 	 

 

 

EXHIBIT A-1 — FORM OF

REVOLVING CREDIT NOTE

                    $                             
                               
                    , 200_

                    FOR VALUE RECEIVED, the undersigned JONES APPAREL GROUP USA, INC., a corporation organized
under the laws of Pennsylvania, (the “Borrower”), JONES APPAREL GROUP, INC., a
corporation organized under the laws of Pennsylvania, JONES APPAREL GROUP HOLDINGS, INC., a
corporation organized under the laws of Delaware, KASPER, LTD., a corporation organized under the
laws of Delaware, and NINE WEST FOOTWEAR CORPORATION, a corporation organized under the laws of
Delaware (collectively, with the Borrower, the “Debtors”), hereby jointly and severally
promise to pay to the order of
                                        
, (the “Lender”), at the place and times
provided in the Credit Agreement referred to below, the principal sum of
                                        

DOLLARS
($                    ) or, if less, the aggregate unpaid principal amount of all Revolving Credit Loans
made to the Borrower by the Lender pursuant to that certain Amended and Restated Five Year Credit
Agreement dated as of June 15, 2004 (as amended, restated, supplemented or otherwise modified, the
“Credit Agreement”) by and among Jones Apparel Group USA, Inc., the Additional Obligors
referred to therein, the Lenders who are or may become a party thereto (collectively, the
“Lenders”), Citigroup Global Markets Inc. and J.P. Morgan Securities Inc., as Joint Lead
Arrangers and Joint Bookrunners, Wachovia Bank, National Association, as Administrative Agent, and
Citibank, N.A. and JPMorgan Chase Bank, as Syndication Agents, and Bank of America, N.A., Barclays
Bank plc and SunTrust Bank, as Documentation Agents. Capitalized terms used herein and not defined
herein shall have the meanings assigned thereto in the Credit Agreement.

                    The unpaid principal amount of Revolving Credit Loans from time to time outstanding is
subject to mandatory repayment from time to time as provided in the Credit Agreement and shall
bear interest as provided in Section 5.1 of the Credit Agreement. All payments of principal and
interest on Revolving Credit Loans shall be payable in lawful currency of the United States of
America in immediately available funds to the account designated in the Credit Agreement.

                    This
Revolving Credit Note (the “Revolving Credit Note”) is entitled to the benefits of, and
evidences Obligations incurred under, the Credit Agreement, to which reference is made for a
statement of the terms and conditions on which the Borrower is permitted and required to make
prepayments and repayments of principal of the Obligations evidenced by this Revolving Credit
Note and on which such Obligations may be declared to be immediately due and payable.

                    THIS REVOLVING CREDIT NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO THE CONFLICTS OR CHOICE OF LAW
PRINCIPLES THEREOF.

                    The Debt evidenced by this Revolving Credit Note is senior in right of payment to all
Subordinated Debt referred to in the Credit Agreement.

                    The Debtors hereby waive all requirements as to diligence, presentment, demand of payment,
protest and (except as required by the Credit Agreement) notice of any kind with respect to this
Revolving Credit Note.

 

 

                    IN WITNESS WHEREOF, the undersigned have executed this Revolving Credit
Note under seal as of the day and year first above written.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	JONES APPAREL GROUP, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	JONES APPAREL GROUP HOLDINGS, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	KASPER, LTD.,

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	NINE WEST FOOTWEAR CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

2 

 

	 	 	 	 	 

EXHIBIT A-2 — FORM OF

COMPETITIVE BID

PROMISSORY NOTE

			
	 	 	 
	U.S.$                    
	 	Dated:                     , 200_

                    FOR VALUE RECEIVED, the undersigned JONES APPAREL GROUP USA, INC., a corporation organized
under the laws of Pennsylvania, (the “Borrower”), JONES APPAREL GROUP, INC., a corporation
organized under the laws of Pennsylvania, JONES APPAREL GROUP HOLDINGS, INC., a corporation
organized under the laws of Delaware, KASPER, LTD., a corporation organized under the laws of
Delaware, and NINE WEST FOOTWEAR CORPORATION, a corporation organized under the laws of Delaware
(collectively, with the Borrower, the “Debtors”), hereby jointly and severally promise to pay to
the order of                     , (the “Lender”), at the place and times provided in that
certain Amended and Restated Five Year Credit Agreement dated as of June 15, 2004 (as amended,
restated, supplemented or otherwise modified, the “Credit Agreement”) by and among Jones
Apparel Group USA, Inc., the Additional Obligors referred to therein, the Lenders who are or may
become a party thereto (collectively, the “Lenders”), Citigroup Global Markets Inc. and
J.P.
Morgan Securities Inc., as Joint Lead Arrangers and Joint Bookrunners, Wachovia Bank, National
Association, as Administrative Agent, and Citibank, N.A. and JPMorgan Chase Bank, as Syndication
Agents, and Bank of America, N.A., Barclays Bank plc and SunTrust Bank, as Documentation Agents (as
amended or modified from time to time, the “Credit Agreement”; the terms defined therein
being used herein as therein defined)), on                     , 200_, the principal amount of
[U.S.$                    ] [for a Competitive Bid Loan in an Alternative Currency, list currency and
amount of such Loan].

                    The undersigned promise to pay interest on the unpaid principal amount hereof from the date
hereof until such principal amount is paid in full, at the interest rate and payable on the
interest payment date or dates provided below:

Interest Rate: ___% per annum (calculated on the basis of a year of ___ days for the
actual number of days elapsed) (revise as appropriate for a Floating Rate Loan).

                    Both principal and interest are payable in lawful money of
                     to Wachovia Bank,
National Association, as administrative agent, for the account of the Lender at its office, at
                                        
 in same day funds.

                    This Promissory Note is one of the Competitive Bid Notes referred to in, and is entitled to
the benefits of, the Credit Agreement. The Credit Agreement, among other things, contains
provisions for acceleration of the maturity hereof upon the happening of certain stated events.

                    THIS COMPETITIVE BID NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO THE CONFLICTS OR CHOICE OF
LAW PRINCIPLES THEREOF.

 

 

                    The Debt evidenced by this Competitive Bid Note is senior in right of payment to all
Subordinated Debt referred to in the Credit Agreement.

                    The Debtors hereby waive all requirements as to diligence, presentment, demand of payment,
protest and (except as required by the Credit Agreement) notice of any kind with respect to this
Competitive Bid Note.

                    IN WITNESS WHEREOF, the undersigned have executed this Competitive Bid Note under seal as of
the day and year first above written.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	JONES APPAREL GROUP, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	JONES APPAREL GROUP HOLDINGS, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	KASPER, LTD.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	NINE WEST FOOTWEAR CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

EXHIBIT B—1 — FORM OF

NOTICE OF REVOLVING CREDIT BORROWING

NOTICE OF REVOLVING CREDIT BORROWING

Dated as of:                     

Wachovia Bank, National Association,

   as Administrative Agent

One First Union Center, TW-4

301 South College Street

Charlotte, North Carolina 28288-0608

Attention: Syndication Agency Services

Ladies and Gentlemen:

                    This irrevocable Notice of Revolving Credit Borrowing is delivered to you under Section
2.2(a) of the Amended and Restated Five Year Credit Agreement dated as of June 15, 2004 (as
amended, restated, supplemented or otherwise modified, the “Credit Agreement”), by and
among JONES APPAREL GROUP USA, INC., a Pennsylvania corporation (the “Borrower”), the
Additional Obligors referred to therein, the lenders party thereto (the “Lenders”),
Citigroup Global Markets Inc. and J.P. Morgan Securities Inc., as Joint Lead Arrangers and Joint
Bookrunners, Wachovia Bank, National Association, as Administrative Agent, and Citibank, N.A. and
JPMorgan Chase Bank, as Syndication Agents, and Bank of America, N.A., Barclays Bank plc and
SunTrust Bank, as Documentation Agents.

                    1. The Borrower hereby requests that the Lenders make a
Revolving Credit
Loan to the Borrower in the aggregate principal amount of $                    . (Complete with an amount
in accordance with Section 2.2(a) of the Credit Agreement.)

                    2. The Borrower hereby requests that such Revolving Credit Loan be made on the following
Business Day:
                                        
. (Complete with a Business Day in accordance with Section
2.2(a) of the Credit Agreement).

                    3. The Borrower hereby requests that the Revolving Credit Loan bear interest at the
following interest rate, plus the Applicable Margin, as set forth below:

	 	 	 	 	 	 	 
	 	 	 	 	 	 	Termination Date for
	 	 	 	 	Interest Period	 	Interest Period (If
	Component of Loan	 	Interest Rate	 	(LIBOR Rate only)	 	applicable)
	 
	 	Base Rate or LIBOR	 	 	 	 
	 
	 	Rate	 	 	 	 

                    4. The principal Dollar Amount of all Revolving Credit Loans and
L/C
Obligations outstanding as of the date hereof (including the requested Revolving Credit Loan)
does not exceed the maximum Dollar Amount permitted to be outstanding pursuant to the terms of
the Credit Agreement.

 

 

                    5. The Borrower hereby represents and warrants that the conditions specified in Section
6.3 of the Credit Agreement have been satisfied or waived as of the date hereof.

                    6. Capitalized terms used herein and not defined herein shall have the meanings
assigned thereto in the Credit Agreement.

                    IN WITNESS WHEREOF, the undersigned has executed this Notice of Revolving Credit
Borrowing as of the ___day of ___, ___.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

2

 

	 	 	 	 	 

EXHIBIT B-2 — FORM OF NOTICE OF

COMPETITIVE BID BORROWING

Dated as of:
                                        

Wachovia Bank, National Association,

   as Administrative Agent

One First Union Center, TW-4

301 South College Street

Charlotte, North Carolina 28288-0608

Attention: Syndication Agency Services

Ladies and Gentlemen:

                    The undersigned, JONES APPAREL GROUP USA, INC., refers to the Amended and Restated Five Year
Credit Agreement dated as of June 15, 2004 (as amended, restated, supplemented or otherwise
modified, the “Credit Agreement”), by and among JONES APPAREL GROUP USA, INC., a
Pennsylvania corporation (the “Borrower”), the Additional Obligors referred to therein, the
lenders party thereto (the “Lenders”), Citigroup Global Markets Inc. and J.P. Morgan
Securities Inc., as Joint Lead Arrangers and Joint Bookrunners, Wachovia Bank, National
Association, as Administrative Agent, and Citibank, N.A. and JPMorgan Chase Bank, as Syndication
Agents, and Bank of America, N.A., Barclays Bank plc and SunTrust Bank, as Documentation Agents,
and hereby gives you notice, irrevocably, pursuant to Section 4.1 of the Credit Agreement that the
undersigned hereby requests a Competitive Bid Borrowing under the Credit Agreement, and in that
connection sets forth the terms on which such Competitive Bid Borrowing (the “Proposed
Competitive Bid Borrowing”) is requested to be made:

	 	 	 	 	 	 	 

	(A)
	 	Date of Competitive Bid Borrowing	 	 	 	 
	 
	 	 	 	 	 	 
	(B)
	 	Amount of Competitive Bid Borrowing	 	 	 	 
	 
	 	 	 	 	 	 
	(C)
	 	[Maturity Date] [Interest Period]	 	 	 	 
	 
	 	 	 	 	 	 
	(D)
	 	Interest Rate Basis	 	 	 	 
	 
	 	 	 	 	 	 
	(E)
	 	Day Count Convention	 	 	 	 
	 
	 	 	 	 	 	 
	(F)
	 	Interest Payment Date(s)	 	 	 	 
	 
	 	 	 	 	 	 
	(G)
	 	Currency	 	 	 	 
	 
	 	 	 	 	 	 
	(H)
	 	Borrower’s Account Location	 	 	 	 
	 
	 	 	 	 	 	 
	(I) 

	 	                                       
              	 	 	 	 

                    Capitalized terms used herein and not defined herein shall have the meanings assigned
thereto in the Credit Agreement.

                    The undersigned hereby certifies that the following statements are true on the date hereof,
and will be true on the date of the Proposed Competitive Bid Borrowing:

                    1. The principal Dollar Amount of all Loans and L/C Obligations outstanding as of the date
hereof (including the requested Competitive Bid Loan) does not exceed the maximum Dollar Amount
permitted to be outstanding pursuant to the terms of the Credit Agreement.

 

 

                    2. The Borrower hereby represents and warrants that the conditions specified in Section
6.4 of the Credit Agreement have been satisfied or waived as of the date hereof.

                    IN WITNESS WHEREOF, the undersigned has executed this Notice of Revolving Credit
Borrowing as of the ___day of ______, 200___.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

2

 

	 	 	 	 	 

EXHIBIT C — FORM OF
NOTICE OF
 ACCOUNT DESIGNATION

NOTICE OF ACCOUNT DESIGNATION

Dated as of:                     

Wachovia Bank, National Association,

   as Administrative Agent

One First Union Center, TW-4

301 South College Street

Charlotte, North Carolina 28288-0608

Attention: Syndication Agency Services

Ladies and Gentlemen:

                    This Notice of Account Designation is delivered to you under Section 2.2(b) of the Amended and
Restated Five Year Credit Agreement dated as of June 15, 2004 (as amended, restated, supplemented
or otherwise modified, the “Credit Agreement”), by and among JONES APPAREL GROUP USA, INC.,
a Pennsylvania corporation (the “Borrower”), the Additional Obligors referred to therein,
the lenders party thereto (the “Lenders”), Citigroup Global Markets Inc. and J.P. Morgan
Securities Inc., as Joint Lead Arrangers and Joint Bookrunners, Wachovia Bank, National
Association, as Administrative Agent (the “Administrative Agent”), and Citibank, N.A. and
JPMorgan Chase Bank, as Syndication Agents, and Bank of America, N.A., Barclays Bank plc and
SunTrust Bank, as Documentation Agents.

                    1. The Administrative Agent is hereby authorized to disburse all Loan proceeds into the
following account(s):

	 	 	 	 	 	 	 

	 
	 	 	 	 	 
	 

	 	ABA Routing Number:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Account Number:	 	 	 	 
	 

	 	 	 	 	 	 

                    2. This authorization shall remain in effect until revoked or until a subsequent Notice
of Account Designation is provided by the Borrower to the Administrative Agent.

                    3. Capitalized terms used herein and not defined herein shall have the meanings
assigned thereto in the Credit Agreement.

                    IN WITNESS WHEREOF, the undersigned has executed this Notice of Account Designation as of the
___day of _____, ___.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

EXHIBIT D — FORM OF

NOTICE OF PREPAYMENT

NOTICE OF PREPAYMENT

Dated as of:                     

Wachovia Bank, National Association,

   as Administrative Agent

One First Union Center

301 South College Street, TW-4

Charlotte, North Carolina 28288-0608

Attention: Syndication Agency Services

Ladies and Gentlemen:

                    This irrevocable Notice of Prepayment is delivered to you under Section 2.3(c) of the Amended
and Restated Five Year Credit Agreement dated as of June 15, 2004 (as amended, restated,
supplemented or otherwise modified, the “Credit Agreement”) by and among JONES APPAREL
GROUP USA, INC., a Pennsylvania corporation (the “Borrower”), the Additional Obligors
referred to therein, the lenders party thereto (the “Lenders”), Citigroup Global Markets
Inc. and J.P. Morgan Securities Inc., as Joint Lead Arrangers and Joint Bookrunners, Wachovia Bank,
National Association, as Administrative Agent, and Citibank, N.A. and JPMorgan Chase Bank, as
Syndication Agents, and Bank of America, N.A., Barclays Bank plc and SunTrust Bank, as
Documentation Agents.

                    1. The Borrower hereby provides notice to the Administrative Agent that it shall repay the
following [Base Rate Loans] and/or [LIBOR Rate Loans]:

                                                 
           . (Complete with an amount in accordance with Section 2.3(c) of the Credit Agreement.)

                    2. The Borrower shall repay the above-referenced Revolving Credit Loans on the following
Business Day:                     . (Complete in accordance with Section 2.3(c) of the Credit
Agreement.)

                    3. Capitalized terms used herein and not defined herein shall have the meanings
assigned thereto in the Credit Agreement.

                    IN WITNESS WHEREOF, the undersigned has executed this Notice of Prepayment as of the
______ day of                     , ___.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

EXHIBIT E — FORM OF

NOTICE OF CONVERSION/CONTINUATION

NOTICE OF CONVERSION/CONTINUATION

Dated as of:                     

Wachovia Bank, National Association,

   as Administrative Agent

One First Union Center

301 South College Street,TW-4

Charlotte, North Carolina 28288-0608

Attention: Syndication Agency Services

Ladies and Gentlemen:

                    This irrevocable Notice of Conversion/Continuation (the “Notice”) is delivered to you
under Section 5.2 of the Amended and Restated Five Year Credit Agreement dated as of June 15, 2004
(as amended, restated, supplemented or otherwise modified, the “Credit Agreement”), by and
among JONES APPAREL GROUP USA, INC., a Pennsylvania corporation (the “Borrower”), the
Additional Obligors referred to therein, the lenders party thereto (the “Lenders”),
Citigroup Global Markets Inc. and J.P. Morgan Securities Inc., as Joint Lead Arrangers and Joint
Bookrunners, Wachovia Bank, National Association, as Administrative Agent, and Citibank, N.A. and
JPMorgan Chase Bank, as Syndication Agents, and Bank of America, N.A., Barclays Bank plc and
SunTrust Bank, as Documentation Agents.

                    1. This Notice is submitted for the purpose of: (Check one and complete applicable
information in accordance with the Credit Agreement.)

	 	Converting all or a portion of a Base Rate Loan into a LIBOR Rate Loan

	 	(a)	 	The aggregate outstanding principal balance of such Revolving Credit Loan is
$                    .
	 
	 	(b)	 	The principal amount of such Revolving Credit Loan to be converted is
$                    .
	 
	 	(c)	 	The requested effective date of the conversion of such Revolving Credit Loan
is                     .
	 
	 	(d)	 	The requested Interest Period applicable to the converted Revolving
Credit Loan is                     .

	 	Converting all or a portion of a LIBOR Rate Loan into a Base Rate Loan

	 	(a)	 	The aggregate outstanding principal balance of such Revolving Credit Loan is
$                    
	 
	 	(b)	 	The last day of the current Interest Period for such Revolving Credit Loan
is                     .

 

 

	 	(c)	 	The principal amount of such Revolving Credit Loan to be converted is
$                    .
	 
	 	(d)	 	The requested effective date of the conversion of such Revolving Credit Loan
is                     .

	 	Continuing all or a portion of a LIBOR Rate Loan as a LIBOR Rate Loan

	 	(a)	 	The aggregate outstanding principal balance of such Revolving Credit Loan is
$                    .
	 
	 	(b)	 	The last day of the current Interest Period for such Revolving Credit Loan
is                     .
	 
	 	(c)	 	The principal amount of such Revolving Credit Loan to be continued is
$                    .
	 
	 	(d)	 	The requested effective date of the continuation of such Revolving Credit Loan
is                     .
	 
	 	(e)	 	The requested Interest Period applicable to the continued Revolving
Credit Loan is                     .

                    2. The principal Dollar Amount of all Revolving Credit Loans and
L/C Obligations outstanding as of the date hereof does not exceed the maximum Dollar Amount
permitted to be outstanding pursuant to the terms of the Credit Agreement.

                    3. The Borrower hereby represents and warrants that no Default
or Event of Default (as defined in the Credit Agreement) has occurred and is continuing.

                    4. Capitalized terms used herein and not defined herein shall have the meanings
assigned thereto in the Credit Agreement.

                    IN WITNESS WHEREOF, the undersigned has executed this Notice of Conversion/
Continuation as of the ___day of ___, ___.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

2 

 

	 	 	 	 	 

EXHIBIT F — FORM OF
 OFFICER’S
COMPLIANCE CERTIFICATE

OFFICER’S COMPLIANCE CERTIFICATE

                    The undersigned, on behalf of JONES APPAREL GROUP USA, INC. (the “Borrower”), hereby
certifies to the Administrative Agent and the Lenders, each as defined in the Credit Agreement
referred to below, as follows:

                    1. This Certificate is delivered to you pursuant to Section 8.2
of the
Amended and Restated Five Year Credit Agreement dated as of June___, 2004 (as amended, restated,
supplemented or otherwise modified, the “Credit Agreement”), by and among the Borrower,
the Additional Obligors referred to therein, the lenders party thereto (the “Lenders”),
Citigroup Global Markets Inc. and J.P. Morgan Securities Inc., as Joint Lead Arrangers and Joint
Bookrunners, Wachovia Bank, National Association, as Administrative Agent (the “Administrative
Agent”), and Citibank, N.A. and JPMorgan Chase Bank, as Syndication Agents, and Bank of
America, N.A., Barclays Bank plc and SunTrust Bank, as Documentation Agents. Capitalized terms
used herein and not defined herein shall have the meanings assigned thereto in the Credit
Agreement.

                    2. I have reviewed the consolidated financial statements of
Jones Apparel
Group, Inc. and its Subsidiaries dated as of                      and for the
                    
period[s] then ended and such statements present fairly in all material respects the consolidated
financial condition of Jones Apparel Group, Inc. and its Subsidiaries as of their respective
dates and the results of the consolidated operations of Jones Apparel Group, Inc. and its
Subsidiaries for the respective period[s] then ended, subject to normal year end adjustments for
interim statements.

                    3. I have reviewed the terms of the Credit Agreement, and the
related Loan
Documents and have made, or caused to be made under my supervision, a review in reasonable
detail of the transactions and the condition of Jones Apparel Group, Inc. and its Subsidiaries
during the accounting period covered by the financial statements referred to in Paragraph 2
above. Such review has not disclosed the existence during or at the end of such accounting
period of any condition or event that constitutes a Default or an Event of Default, nor do I
have any knowledge of the existence of any such condition or event as at the date of this
Certificate [except, if such condition or event existed or exists, describe the nature and
period of existence thereof and what action the Borrower has taken, is taking and proposes to
take with respect thereto].

                    4. The Applicable Margin and information as to the debt ratings necessary for determining
such figure are set forth on the attached Schedule 1.

                    5. Jones Apparel Group, Inc. and its Subsidiaries are in compliance with the financial
covenants contained in Article X of the Credit Agreement as shown on such Schedule 1.

 

 

                    WITNESS the following signature as of the ___day of ___, ___.

	 	 	 	 	 
	 	JONES APPAREL GROUP USA, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

2

 

	 	 	 	 	 

Schedule 1

to

Officer’s Compliance Certificate

[To be provided by Borrower in form reasonably acceptable to the Administrative Agent]

 

 

EXHIBIT G — FORM OF

ASSIGNMENT AND ACCEPTANCE

ASSIGNMENT AND ACCEPTANCE

Dated as of:                     

                    Reference is made to the Amended and Restated Five Year Credit Agreement dated as of June 15,
2004, as amended, restated, supplemented or otherwise modified (the
“Credit Agreement”) by and
among JONES APPAREL GROUP USA, INC., a Pennsylvania corporation (the
“Borrower”), the Additional
Obligors referred to therein, the lenders party thereto (the
“Lenders”), Citigroup Global Markets
Inc. and J.P. Morgan Securities Inc., as Joint Lead Arrangers and Joint Bookrunners, Wachovia
Bank, National Association, as Administrative Agent, and Citibank, N.A. and JPMorgan Chase Bank,
as Syndication Agents, and Bank of America, N.A., Barclays Bank plc and SunTrust Bank, as
Documentation Agents. Capitalized terms used herein which are not defined herein shall have the
meanings assigned thereto in the Credit Agreement.

                                                 
  (the “Assignor”) and                          
                (the
“Assignee”) agree as follows:

                    1. The Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases
and assumes from the Assignor, as of the Effective Date (as defined below), a ___% interest in
and to all of the Assignor’s interest, rights and obligations with respect to its Revolving Credit
Commitment and Revolving Credit Loans (including such percentage of the outstanding L/C
Obligations), which percentage represents not less than $5,000,000, unless such percentage equals
100% of such Lender’s Revolving Credit Commitment, and the Assignor thereby retains ___% of its
interest therein.

                    This Assignment and Acceptance is entered pursuant to, and authorized by, Section 14.10
of the Credit Agreement.

                    2. The Assignor (i) represents that, as of the date hereof, its
Revolving
Credit Commitment Percentage (without giving effect to assignments thereof which have not yet
become effective) under the Credit Agreement is ___% and the outstanding balances of its
Revolving Credit Loans (including its Revolving Credit Commitment Percentage of the outstanding L/C
Obligations) is $               ; (ii) makes no representation or warranty and assumes no responsibility
with respect to any statements, warranties or representations made in or in connection with the
Credit Agreement or any other Loan Document or the execution, legality, validity, enforceability,
genuineness, sufficiency or value of the Credit Agreement or any other instrument or document
furnished pursuant thereto, other than that the Assignor is the legal and beneficial owner of the
interest being assigned by it hereunder and that such interest is free and clear of any adverse
claim; (iii) makes no representation or warranty and assumes no responsibility with respect to the
financial condition of the Borrower or its Subsidiaries or the performance or observance by the
Borrower or its Subsidiaries of any of their obligations under the Credit Agreement or any other
instrument or document furnished or executed pursuant thereto; and (iv) to the extent it has
received Revolving Credit Note(s) from the Borrower, attaches the applicable Revolving Credit
Note(s) delivered to it under the Credit Agreement and requests that the Borrower exchange such
Revolving Credit Note(s) for new Revolving Credit Notes payable to each of the Assignor and the
Assignee as follows:

 

 

	 	 	 	 	 	 	 	 	 
	 	 	Revolving Credit Note	 	 	 	 	 	 
	 	 	Payable to the Order of:	 	 	 	Principal Amount of Note:	 	 
	 
	 

	 	 

	 	 
	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 

	 	 
	 	 

	 	 

                    3. The Assignee (i) represents and warrants that it is legally authorized to enter into this
Assignment and Acceptance; (ii) confirms that it has received a copy of the Credit Agreement,
together with copies of the most recent financial statements delivered pursuant to Section 8.1
thereof and such other documents and information as it has deemed appropriate to make its own
credit analysis and decision to enter into this Assignment and Acceptance; (iii) agrees that it
will, independently and without reliance upon the Assignor or any other Lender or the
Administrative Agent and based on such documents and information as it shall deem appropriate at
the time, continue to make its own credit decisions in taking or not taking action under the Credit
Agreement; (iv) confirms that it is an Eligible Assignee; (v) appoints and authorizes the
Administrative Agent to take such action as agent on its behalf and to exercise such powers under
the Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent by
the terms thereof, together with such powers as are reasonably incidental thereto; (vi) agrees that
it will perform in accordance with their terms all the obligations which by the terms of the Credit
Agreement and the other Loan Documents are required to be performed by it as a Lender; (vii) agrees
to hold all confidential information in accordance with the provisions of Section 14.10(g) of the
Credit Agreement; and (viii) includes herewith for the Administrative Agent the forms required by
Section 5.11(e) of the Credit Agreement (if not previously delivered).

                    4. The effective date for this Assignment and Acceptance shall be as set forth in Section 1 of
Schedule 1 hereto (the “Effective Date”), subject to the consents referred to in the
following sentence. Following the execution of this Assignment and Acceptance, it will be delivered
to the Administrative Agent for, to the extent required by the Credit Agreement, consent by the
Borrower and the Administrative Agent and acceptance and recording in the Register.

                    5. Upon such consents, acceptance and recording, from and after
the Effective Date, (i) the Assignee shall be a party to the Credit Agreement and the other Loan
Documents to which Lenders are parties and, to the extent provided in this Assignment and
Acceptance, have the rights and obligations of a Lender under each such agreement, and (ii) the
Assignor shall, to the extent provided in this Assignment and Acceptance, relinquish its rights and
be released from its obligations under the Credit Agreement and the other Loan Documents.

                    6. Upon such consents, acceptance and recording, from and after
the Effective Date, the Administrative Agent shall make all payments in respect of the interest
assigned hereby (including payments of principal, interest, fees and other amounts) to the
Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments for
periods prior to the Effective Date or with respect to the making of this assignment directly
between themselves.

                    7. THIS ASSIGNMENT AND ACCEPTANCE SHALL BE DEEMED TO
BE A CONTRACT UNDER SEAL AND SHALL BE GOVERNED BY AND CONSTRUED IN

2

 

ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO THE CONFLICTS OR CHOICE OF
LAW PRINCIPLES THEREOF.

3

 

     WITNESS the following signatures as of the ___ day of ___, ___.

	 	 	 	 	 
	 	 

ASSIGNOR:

 	 
	 	By:  	 	 
	 	Title:  	 	 
	 	 	 	 
	 
	 	ASSIGNEE:

 	 
	 	By:  	 	 
	 	Name:  	 	 
	 	Title:  	 	 
	 

Acknowledged and Consented to on behalf of the Credit Parties:

	 	 	 	 	 	 	 

	JONES APPAREL GROUP USA, INC.	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 	 	 	 	 
	Name:	 		 	 	 	 
	Title:
	 	 

	 	 
	 

	 	 

	 	 
	 
	 	 	 	 	 	 
	Consented to and Accepted by:	 	 
	 
	 	 	 	 	 	 
	WACHOVIA BANK, NATIONAL ASSOCIATION,	 	 
	as Administrative Agent	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 	 	 	 	 
	Name:	 	
	 	 	 	 
	Title:		 

	 	 
	 

	 	 

	 	 

4

 

Schedule 1

to

Assignment and Acceptance

	 	 	 	 	 	 	 	 	 
	 	 	 	1.	 	 	Effective Date: _________________, ______
	 
	 	 	 	 	 	 	 	 
	 	 	 	2.	 	 	Assignor’s Interest
	 	 	 	 	 	 	Prior to Assignment:
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(a)
	 	Revolving Credit Commitment Percentage
	 
	 	 	 	 	 	 	 	 
	%
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(b)
	 	Outstanding balance of Revolving Credit Loans
	 
	 	 	 	 	 	 	 	 
	$
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(c)
	 	Outstanding balance of Assignor’s Revolving
	 

	 	 	 	 	 	 	 	Credit Commitment Percentage of the
	 

	 	 	 	 	 	 	 	L/C Obligations
	 
	 	 	 	 	 	 	 	 
	$
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	3.	 	 	Assigned Interest (from Section 1) of:
	 

	 	 	 	 	 	(a)
	 	Revolving Credit Loans
	 
	 	 	 	 	 	 	 	 
	%
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	4.	 	 	Assignee’s Extensions of Credit
	 	 	 	 	 	 	After Effective Date:
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(a)
	 	Total outstanding balance of
	 

	 	 	 	 	 	 	 	Assignee’s Revolving Credit Loans
	 

	 	 	 	 	 	 	 	(line 2(b) times line 3(a))
	 
	 	 	 	 	 	 	 	 
	$
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(b)
	 	Total outstanding balance of
	 

	 	 	 	 	 	 	 	Assignee’s Revolving Credit
	 

	 	 	 	 	 	 	 	Commitment Percentage
	 

	 	 	 	 	 	 	 	of the L/C Obligations
	 

	 	 	 	 	 	 	 	(line 2(c) times line 3(a))
	 
	 	 	 	 	 	 	 	 
	$
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	5.	 	 	Retained Interest of Assignor after
	 	 	 	 	 	 	Effective Date:
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(a)
	 	Retained Interest (from Section 1):
	 

	 	 	 	 	 	 	 	(i) Revolving Credit Commitment Percentage
	 
	 	 	 	 	 	 	 	 
	%
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(b)
	 	Outstanding balance of Assignor’s Revolving Credit Loans
	 

	 	 	 	 	 	 	 	(line 2(b) times line 5(a)(i))
	 
	 	 	 	 	 	 	 	 
	$
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(c)
	 	Outstanding balance of Assignor’s

 

 

	 	 	 	 	 	 	 	 	 

	 

	 	 	 	 	 	 	 	Revolving Credit Commitment
	 

	 	 	 	 	 	 	 	Percentage of L/C Obligations
	 

	 	 	 	 	 	 	 	(line 2(c) times line 5(a)(i)) 
	 
	 	 	 	 	 	 	 	 
	$ 		 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	6.	 	 	Payment Instructions:
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(a)
	 	If payable to Assignor,
	 

	 	 	 	 	 	 	 	to the account of Assignor to:
	 

	 	 	 	 	 	 	 	ABA No.:
	 

	 	 	 	 	 	 	 	Account Name:
	 

	 	 	 	 	 	 	 	Account No.
	 

	 	 	 	 	 	 	 	Attn:
	 

	 	 	 	 	 	 	 	Ref:
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	(b)
	 	If payable to Assignee, to the account
	 

	 	 	 	 	 	 	 	of Assignee to:
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	ABA No.:
	 

	 	 	 	 	 	 	 	Account Name:
	 

	 	 	 	 	 	 	 	Account No.:
	 

	 	 	 	 	 	 	 	Attn:
	 

	 	 	 	 	 	 	 	Ref:

2Exhibit 10.47

EMPLOYMENT AGREEMENT

EXHIBIT 10.47

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into this 19th day of March, 2008,
by and between Old National Bancorp, an Indiana corporation (“Company”), and Allen R. Mounts
(“Executive”), effective as of January 1, 2008.

Background

A. The Company wishes to continue the Executive’s employment as its Executive Vice President
and Chief Administration Officer (and to support the Executive’s continued employment as Executive
Vice President and Chief Administrative Officer of the Bank) on the terms and conditions provided
herein, and the Executive wishes to continue in such capacity on the terms and conditions provided
herein.

B. By the severance and change of control provisions contained herein, the Company wishes to
encourage the Executive to devote his full time and attention to the faithful performance of his
management responsibilities and to assist the Board of Directors in evaluating business options and
pursuing the best interests of the Company and its shareholders without being influenced by the
uncertainties of his own employment situation.

C. The Company employs the Executive in a position of trust and confidence, and the Executive
has become acquainted with the Company’s Business, its officers and employees, its strategic and
operating plans, its business practices, processes, and relationships, the needs and expectations
of its Customers and Prospective Customers, and its trade secrets and other property, including
Confidential Information.

D. The Company and the Executive have previously entered into a Severance Agreement, dated
January 1, 2006 (“2006 Severance Agreement”), which provides for the payment of termination
benefits upon certain terminations of employment in the absence of a Change of Control.

E. The Company and the Executive have previously entered into a Change of Control Agreement,
dated January 1, 2005 (“2005 Change of Control Agreement”), which provides for the payment of
termination benefits upon certain terminations of employment following a Change of Control.

F. The Company and the Executive wish to enter into this Agreement, effective January 1, 2008,
and wish for this Agreement to supersede the 2006 Severance Agreement and 2005 Change of Control
Agreement in their entirety.

 

 

Agreement

NOW, THEREFORE, in consideration of the premises and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Executive and the
Company agree as follows:

1. Defined Terms. Throughout this Agreement, when the first letter of a word (or the
first letter of each word in a phrase) is capitalized, the word or phrase shall have the meaning
specified in Appendix A.

2. Term. The initial term of this Agreement shall begin on January 1, 2008, and shall
continue through December 31, 2009; provided, however, that beginning on January 1, 2009, and on
the first day of each year thereafter, the term of this Agreement shall automatically be extended
by one year, unless either the Company or the Executive shall have provided notice to the other at
least sixty (60) days before such date that the term shall not be extended. Notwithstanding the
preceding provisions of this Section, if a Change of Control occurs during the term of this
Agreement, such term shall not end before the second anniversary of the Change of Control;
provided, however, this sentence shall apply only to the first Change of Control while this
Agreement is in effect. If the Executive’s Employment Terminates during the Term, the obligations
contained in the Restrictive Covenants shall survive the Term.

3. Position and Duties. At all times during the Term, the Executive shall (i) serve
as Executive Vice President and Chief Administration Officer of the Company and Executive Vice
President and Chief Administrative Officer of the Bank and, in such capacities, shall perform such
duties and have such responsibilities as is typical for such positions, as well as any other duties
as the Board may assign to him from time to time, (ii) diligently and conscientiously devote his
full and exclusive business time, energy, and ability to his duties and the business of the
Employing Companies, and (iii) comply with all directions by the Board (other than directions that
would require an illegal or unethical act or omission) and all applicable policies and regulations
of the Employing Companies. Notwithstanding the preceding provisions, the Executive may serve as a
non-employee director, a volunteer, or in other such capacities for other entities not in
competition with the Company’s Business.

4. Compensation, Benefits, and Expenses. During the Term and before the Termination
of his Employment, the Company shall compensate (or cause the Bank to compensate) the Executive for
his services as follows:

(a) Base Salary. The Executive shall receive a base salary at the annual rate of
$225,662 from January 1, 2008 through March 31, 2008. Beginning April 1, 2008, the Executive shall
receive a base salary at the annual rate of $234,662, as increased from time to time by the Board.
During the Term, the Board may increase (but not decrease) the Executive’s base salary. Base
salary payments shall be made in substantially equal installments pursuant to the Employing
Companies’ established payroll procedures.

(b) Incentive Compensation. The Executive shall be entitled to incentive
compensation, including equity-based compensation, as determined by the Board from time to time.

(c) Employee Benefits. The Executive shall be eligible to participate in such benefit
plans as are made available to, and on such terms and conditions applicable to, other similarly
situated executives. The Employing Companies may change or terminate any such benefit plan at any
time, in its sole discretion, subject to applicable legal requirements.

 

Page 2

 

(d) Vacation Benefits. The Executive shall be entitled to annual vacation in
accordance with the Employing Companies’ policies as in effect from time to time for similarly
situated executive employees, but not less than four (4) weeks of paid vacation per year.

(e) Reimbursement of Expenses. The Employing Companies shall reimburse the Executive
for reasonable business expenses incurred by the Executive in connection with the performance of
his duties. Such reimbursements shall be made in accordance with the Employing Companies’
established reimbursement policies, as in effect from time to time; provided, however,
reimbursements for expenses incurred during a calendar year shall be made not later than March 15
of the following year.

5. Application of Agreement. This Agreement shall supersede the 2006 Severance
Agreement and the 2005 Change of Control Agreement in their entirety. Under no circumstances shall
the Executive be entitled to payments pursuant to both Section 7 and Section 8 of this Agreement.

6. Termination of Employment; Resignation of Officer and Director Positions. Subject
to its payment obligations under this Section and Section 7 or 8, if applicable, the Company may
Terminate the Executive’s Employment at any time, with or without cause. The Executive may
voluntarily Terminate his Employment at any time by providing at least thirty (30) days prior
notice to the Company. Regardless of whether his Termination of Employment is voluntary or
involuntary, the Executive shall resign from all director positions with the Employer, effective as
of his Termination Date. Upon Termination of Employment, the Executive shall be entitled to the
following, in addition to any benefits payable under Section 7 or 8:

(a) Any earned but unpaid base salary, at the Executive’s then effective annual rate, through
his Termination Date, plus any accrued vacation pay due to the Executive under the Employing
Companies’ vacation program through his Termination Date, which amounts shall be paid to the
Executive not later than the payroll date for the payroll period next following his Termination
Date.

(b) Provided that the Executive applies for reimbursement in accordance with the Employing
Companies’ established reimbursement procedures (within the period required by such procedures but
under no circumstances later than thirty (30) days after his Termination Date), the Employing
Companies shall pay the Executive any reimbursements to which he is entitled under such procedures
not later than the payroll date for the payroll period next following the date on which the
Executive applies for reimbursement.

(c) Any benefits (other than severance) payable to the Executive under any of the Employing
Companies’ incentive compensation or employee benefit plans or programs shall be payable in
accordance with the provisions of those plans or programs.

 

Page 3

 

7. Non-Change of Control Severance Benefit.

(a) Subject to (i) the Executive’s timely execution and filing of a Release in accordance with
Section 19, (ii), the expiration of any applicable waiting periods contained herein, and (iii) the following provisions of this Section, the Employing Companies shall
provide the Executive with the payments and benefits set forth in this Section, if during the Term
and before the occurrence of a Change of Control, either (1) the Employing Companies Terminate the
Executive’s Employment (other than a termination for Unacceptable Performance, Disability, or death
pursuant to Section 10), or (2) the Executive voluntarily Terminates his Employment for Good Reason
pursuant to Section 11. Notwithstanding the preceding provisions of this Subsection, the Executive
shall not be entitled to benefits pursuant to this Section if he is entitled to benefits pursuant
to Section 8. Any amount payable to the Executive pursuant to this Section is in addition to
amounts already owed to the Executive by the Employing Companies and is in consideration of the
covenants set forth in this Agreement and/or the Release.

(b) As soon as administratively feasible (and not more than five (5) business days) after the
Company’s receipt of the Release and the expiration of any applicable waiting periods contained
herein, the Employing Companies shall pay to the Executive a single lump sum payment equal to the
Executive’s Weekly Pay multiplied by fifty-two (52).

(c) If permissible under the Employing Companies’ group medical plan and if properly elected
by the Executive, the Employing Companies shall pay for the cost of COBRA continuation coverage for
the Executive (and his spouse and dependents, if any, covered by the Employing Companies’ group
medical plan on the Termination Date), for twelve (12) months following his Termination of
Employment (or such shorter period during which such person is eligible for COBRA continuation
coverage). For purposes of the preceding sentence, the term “COBRA continuation coverage” shall
include coverage substantially similar to the COBRA continuation coverage provided after eighteen
(18) months following the Executive’s Termination Date, provided that the Executive (and his spouse
and/or dependents, if applicable) would be eligible for COBRA continuation coverage if the eighteen
(18)-month maximum coverage period had not expired.

(d) If permissible under the Employing Companies’ group term life insurance plan, whether
through conversion or otherwise, the Employing Companies shall continue to provide term life
insurance coverage substantially the same as that provided for the Executive immediately before his
Termination of Employment and shall pay for the cost thereof for twelve (12) months following his
Termination of Employment.

(e) The Employing Companies shall pay the cost of outplacement services incurred by the
Executive during the twelve (12) month period following his Termination of Employment and provided
by a firm of the Executives’ choice, up to a total of Fifteen Thousand Dollars ($15,000).
Reimbursements for outplacement expenses incurred during a calendar year shall be paid not later
than March 15 of the following year.

(f) To the extent that coverage or benefits under Subsection (c), (d), or (e) result in
taxable income to the Executive, the Employing Companies shall reimburse the Executive for any
taxes payable on account of such coverage, so that the Executive is in the same after-tax position
in which he would have been had such reimbursements not been taxable. The Employing Companies
shall pay the reimbursement required by the preceding sentence as soon as administratively practicable after the Executive demonstrates payment of the related taxes
and not later than the last day of the calendar year in which such taxes are paid.

 

Page 4

 

(g) If payments to the Executive pursuant to this Agreement would result in total Parachute
Payments to the Executive, whether or not made pursuant to this Agreement, with a value (as
determined pursuant to Code Section 280G and the guidance thereunder) greater than one hundred
percent (100%) of the Parachute Payment Limit, the provisions of Section 9 shall apply as if set
out in this Section 7.

(h) Notwithstanding the preceding provisions of this Section, if the Executive is a “specified
employee” within the meaning of Code Section 409A(a)(2)(B)(i), to the extent required by such Code
Section, payments otherwise required by this Section shall be delayed to the earliest date on which
such payments are permitted. Furthermore, the obligations of the Employing Companies to make
payments to the Executive hereunder are subject to compliance with any applicable provisions of the
Federal Deposit Insurance Company regulations found in Part 359 (entitled “Golden Parachute And
Indemnification Payments”) of Title 12 of the Code of Federal Regulations (or any successor
provisions).

8. Change of Control Severance Benefit.

(a) Subject to (i) the Executive’s timely execution and filing of a Release in accordance with
Section 19, (ii) the expiration of any applicable waiting periods contained herein, and (iii) the
following provisions of this Section, the Employing Companies shall provide the Executive with the
payments and benefits set forth in this Section, if (i) during the Term and concurrent with or
within twelve (12) months after a Change in Control, the Executive voluntarily terminates his
Employment by providing thirty (30) days prior written notice to the Company, or (ii) during the
Term and concurrent with or within two (2) years after a Change of Control, either (A) the
Employing Companies Terminate the Executive’s Employment (other than a termination for Cause,
Disability, or death pursuant to Section 10), or (B) the Executive voluntarily Terminates his
Employment pursuant to Section 11 for Good Reason.

(b) As soon as administratively feasible (and not more than five (5) business days) after the
Company’s receipt of the Release and the expiration of any applicable waiting periods, the
Employing Companies shall pay to the Executive a single lump sum payment in an amount equal to the
product of (i) two (2) times (ii) the sum of (A) the Executive’s annual base salary, at the greater
of the rate in effect on the Change of Control Date or the Termination Date, plus (B) the
Executive’s target bonus for the year containing the Change in Control Date or, if greater, for the
year preceding the Change in Control Date, subject to the limitations and reimbursement provisions
of Subsection (h) and Section 9.

(c) If permissible under the Employing Companies’ group medical plan, the Employing Companies
shall continue to provide group medical coverage for the Executive (and his spouse and dependents,
if any, covered by the Employing Companies’ group medical plan on the Termination Date), for the
twenty-four (24) month period following his Termination of Employment. Such coverage shall be at
the Employing Companies’ expense and shall be the same as that offered to active employees under
the Employing Companies’ group medical plan. If the coverage described in the preceding provisions
is not available under the Employing Companies’ group medical plan, the Employing Companies shall provide for substantially similar
coverage at their expense. Coverage provided pursuant to this Subsection shall be concurrent with
any required continuation coverage period under COBRA.

 

Page 5

 

(d) For the twenty-four (24) month period following the Executive’s Termination of Employment,
the Employing Companies shall continue to provide term life insurance coverage substantially the
same as that provided for the Executive immediately before his Termination Date.

(e) The Employing Companies shall pay the cost of outplacement services incurred by the
Executive during the twelve (12) month period following his Termination of Employment and provided
by a firm of the Executives’ choice, up to a total of Fifteen Thousand Dollars ($15,000).
Reimbursements for outplacement expenses incurred during a calendar year shall be paid not later
than March 15 of the following year.

(f) To the extent that coverage or benefits under Subsection (c), (d), or (e) results in
taxable income to the Executive, the Employing Companies shall reimburse the Executive for any
taxes payable on account of such coverage, so that the Executive is in the same after-tax position
in which he would have been had such reimbursements not been taxable. The Employing Companies
shall pay the reimbursement required by the preceding sentence as soon as administratively
practicable after the Executive demonstrates payment of the related taxes and not later than the
last day of the calendar year in which such taxes are paid.

(g) All outstanding Company stock options, to the extent not previously vested and
exercisable, shall become vested and exercisable upon the Executive’s Termination of Employment.

(h) If payments to the Executive pursuant to this Agreement would result in total Parachute
Payments to the Executive, whether or not made pursuant to this Agreement, with a value (as
determined pursuant to Code Section 280G and the guidance thereunder) greater than one hundred
percent (100%) of the Parachute Payment Limit, the provisions of Section 9 shall apply as if set
out in this Section 8.

(i) Notwithstanding the preceding provisions of this Section, if the Executive is a “specified
employee” within the meaning of Code Section 409A(a)(2)(B)(i), to the extent required by such Code
Section, payments otherwise required by this Section shall be delayed to the earliest date on which
such payments are permitted. Furthermore, the obligations of the Employing Companies to make
payments to the Executive hereunder are subject to compliance with any applicable provisions of the
Federal Deposit Insurance Corporation regulations found in Part 359 (entitled “Golden Parachute And
Indemnification Payments”) of Title 12 of the Code of Federal Regulations (or any successor
provisions).

 

Page 6

 

9. Provisions Relating to Parachute Payments.

(a) If payments and benefits to or for the benefit of the Executive, whether pursuant to this
Agreement or otherwise, would result in total Parachute Payments to the Executive with a value
equal to or greater than one hundred percent (100%) but less than one hundred ten percent (110%) of the Parachute Payment Limit, the amount payable pursuant to Subsection 7(b) or 8(b),
as applicable, shall be reduced so that the value of all Parachute Payments to the Executive,
whether or not made pursuant to this Agreement, is equal to the Parachute Payment Limit minus One
Dollar ($1.00).

(b) To the extent that payments or benefits to or for the benefit of the Executive, whether
pursuant to this Agreement or otherwise, would result in total Parachute Payments with a value
equal to or greater than one hundred ten percent (110%) of the Parachute Payment Limit, the
Employing Companies shall pay to the Executive a single lump sum payment equal to the sum of: (i)
the excise taxes payable by Executive as a result of any Excess Parachute Payments and (ii) all
federal, state, and local employment, income, and excise taxes payable by the Executive on account
of a reimbursement pursuant to clause (i) or (ii) of this Subsection, so that the Executive is in
the same after-tax position in which he would have been had no portion of the Parachute Payments to
him been subject to Code Section 4999. The Employing Companies shall make the payment required by
this Subsection as soon as administratively practicable after the Executive presents evidence of
the taxes for which reimbursement is due hereunder and under no circumstances after the end of the
year in which such taxes are paid.

(c) The amount of Parachute Payments and the Parachute Payment Limit shall be determined as
provided in this Subsection (c). The Company shall direct its independent auditor (“Auditor”) or
such other accounting firm experienced in such calculations and acceptable to the Executive to
determine whether any Parachute Payments exceed the Parachute Payment Limit and the amount of any
adjustment required by Subsection (a) or reimbursement required by Subsection (b). The Company
shall promptly give the Executive notice of the Auditor’s determination. All reasonable
determinations made by the Auditor under this Subsection shall be binding on the Employing
Companies and the Executive and shall be made within thirty (30) days after the Executive’s
Termination of Employment. If, as a result of a later determination by the Internal Revenue
Service, the Executive incurs additional taxes as a result of Parachute Payments in excess of the
Parachute Payment Limit that have not been fully reimbursed and grossed-up pursuant to Subsection
(b), the Employing Companies shall promptly pay to the Executive the amount of any additional
taxes, interest, and penalties owed by the Executive as a result of such determination by the
Internal Revenue Service, fully grossed up, so that the Executive is in the same after-tax position
in which he would have been had such additional taxes not been owed. The Employing Companies shall
make the payment required by the preceding sentence as soon as administratively practicable after
the Executive presents evidence of the additional taxes for which reimbursement is due hereunder
and under no circumstances after the end of the year in which such taxes are paid.

10. Termination of Employment by the Company for Cause, Unacceptable Performance,
Disability, or Death.

(a) The Company may cause a Termination of the Executive’s Employment for Unacceptable
Performance or Disability at any time before a Change in Control. To do so, the Board must provide
the Executive with a notice of termination specifying the Termination Date and either the specific
act(s) or failure(s) constituting Unacceptable Performance or the circumstances constituting
Disability. If the Board’s notice identifies an act or failure constituting Unacceptable Performance that is subject to correction under the definition of
Unacceptable Performance and related definitions in this Agreement, the notice shall also specify
the period during which the act or failure must be corrected. If the Board determines that the
Executive has not corrected the act or failure in all material respects within the required
correction period, the Board must then provide a second notice of termination stating the reasons
for the termination and the Termination Date, and the Executive’s Employment shall Terminate on
such date.

 

Page 7

 

(b) The Company may cause a Termination of the Executive’s Employment for Cause or Disability
at any time concurrent with or after a Change in Control. To do so, the Board must provide the
Executive with a notice of termination specifying the Termination Date and either the specific
act(s) or failure(s) constituting Cause or the circumstances constituting Disability. If the
Board’s notice identifies an act or failure constituting Cause, it shall be accompanied by a
resolution duly adopted by not less than three-quarters (3/4) of the entire membership of the Board
(after reasonable notice to the Executive and an opportunity for the Executive, together with his
counsel, to be heard by the Board), finding, in the reasonable opinion of the Board, that one or
more of the events of Cause listed above has occurred and specifying the details thereof. If the
act or failure constituting Cause is subject to correction under the definition of Cause and
related definitions in this Agreement, the notice shall also specify the period during which the
act or failure must be corrected. If the Board determines that the Executive has not corrected the
act or failure in all material respects within the required correction period, the Board must then
provide a second notice of termination stating the reasons for the termination and the Termination
Date, and the Executive’s Employment shall Terminate on such date.

(c) If the Executive dies before Termination of his Employment, his employment shall terminate
automatically on the date of his death.

(d) In the case of a Termination of Employment pursuant to this Section, the Executive shall
not be entitled to benefits or payments pursuant to Section 7 or 8.

11. Resignation by Executive for Good Reason. If an event of Good Reason occurs
during the Term, the Executive may, at any time within the ninety (90) day period following such
event, provide the Company with a notice of termination specifying the event of Good Reason and
notifying the Company of his intention to Terminate his Employment upon the Employing Companies’
failure to correct the event of Good Reason within thirty (30) days following receipt of the
Executive’s notice of termination. If the Employing Companies fail to correct the event of Good
Reason and provide the Executive with notice of such correction within such thirty (30) day period,
the Executive’s Employment shall Terminate as of the end of such period, and the Executive shall be
entitled to benefits as provided in Section 6 and Section 7 or 8, as applicable.

12. Withholding and Taxes. The Employing Companies may withhold from any payment made
hereunder (i) any taxes that the Employing Companies reasonably determine are required to be
withheld under federal, state, or local tax laws or regulations, and (ii) any other amounts that
the Employing Companies are authorized to withhold. Except for employment taxes that are the
obligation of the Employing Companies, the Executive shall pay all federal, state, local, and other taxes (including, without limitation, interest, fines, and penalties)
imposed on him under applicable law by virtue of or relating to the payments and/or benefits
contemplated by this Agreement, subject to any reimbursement provisions of this Agreement.

 

Page 8

 

13. Use and Disclosure of Confidential Information.

(a) The Executive acknowledges and agrees that (i) by virtue of his employment, he will be
given access to, and will help analyze, formulate or otherwise use, Confidential Information, (ii)
the Employer has devoted (and will devote) substantial time, money, and effort to develop
Confidential Information and maintain the proprietary and confidential nature thereof, and (iii)
Confidential Information is proprietary and confidential and, if any Confidential Information were
disclosed or became known by persons engaging in a business in any way competitive with the
Company’s Business, such disclosure would result in hardship, loss, irreparable injury, and damage
to the Employer, the measurement of which would be difficult, if not impossible, to determine.
Accordingly, the Executive agrees that (i) the preservation and protection of Confidential
Information is an essential part of his duties of employment and that, as a result of his
employment with the Employing Companies, he has a duty of fidelity, loyalty, and trust to the
Employing Companies in safeguarding Confidential Information. The Executive further agrees that he
will use his best efforts, exercise utmost diligence, and take all steps necessary to protect and
safeguard Confidential Information, whether such information derives from the Executive, other
employees of the Employer, Customers, Prospective Customers, or vendors or suppliers of the
Employer, and that he will not, directly or indirectly, use, disclose, distribute, or disseminate
to any other person or entity or otherwise employ Confidential Information, either for his own
benefit or for the benefit of another, except as required in the ordinary course of his employment
by the Employing Companies. The Executive shall follow all Employing Company policies and
procedures to protect all Confidential Information and shall take any additional precautions
necessary under the circumstances to preserve and protect against the prohibited use or disclosure
of any Confidential Information.

(b) The confidentiality obligations contained in this Agreement shall continue as long as
Confidential Information remains confidential (except that the obligations shall continue, if
Confidential Information loses its confidential nature through improper use or disclosure,
including but not limited to any breach of this Agreement) and shall survive the termination of
this Agreement and/or termination of the Executive’s employment with the Employing Companies.

(c) From time to time, the Employer may, for its own benefit, choose to place certain
Confidential Information in the public domain. The fact that Confidential Information may be made
available to the public in a limited form and under limited circumstances does not change the
confidential and proprietary nature of such information, and does not release the Executive from
his obligations with respect to such Confidential Information.

 

Page 9

 

14. Ownership of Documents and Return of Materials At Termination of Employment.

(a) Any and all documents, records, and copies thereof, including but not limited to hard
copies or copies stored digitally or electronically, pertaining to or including Confidential Information (collectively, “Company Documents”) that are made or received by the Executive
during his employment shall be deemed to be property of the Employer. The Executive shall use
Company Documents and information contained therein only in the course of his employment for the
Employing Companies and for no other purpose. The Executive shall not use or disclose any Company
Documents to anyone except as authorized in the course of his employment and in furtherance of the
Company’s Business.

(b) Upon Termination of Employment, the Executive shall immediately deliver to the Employing
Companies (with or without request) all Company Documents and all other Employer property in the
Executive’s possession or under his custody or control.

15. Non-Solicitation of Customers and Employees. The Executive agrees that during the
Term and for a period of two (2) years following the Termination of the Executive’s Employment, the
Executive shall not, directly or indirectly, individually or jointly, (i) solicit in any manner,
seek to obtain or service, or accept the business of any Customer for any product or service of the
type offered by the Employer or competitive with the Company’s Business, (ii) solicit in any
manner, seek to obtain or service, or accept the business of any Prospective Customer for any
product or service of the type offered by the Employer or otherwise competitive with the Company’s
Business, (iii) request or advise any Customer, Prospective Customer, or supplier of the Employer
to terminate, reduce, limit, or change its business or relationship with the Employer, or (iv)
induce, request, or attempt to influence any employee of the Employer to terminate his employment
with the Employer.

16. Covenant Not to Compete. The Executive hereby understands and acknowledges that,
by virtue of his position with the Employing Companies, he has obtained advantageous familiarity
and personal contacts with Customers and Prospective Customers, wherever located, and the business,
operations, and affairs of the Employer. Accordingly, during the term of this Agreement and for a
period of two (2) years following the termination of his employment, the Executive shall not,
directly or indirectly:

(a) as owner, officer, director, stockholder, investor, proprietor, organizer, employee,
agent, representative, consultant, independent contractor, or otherwise, engage in the same trade
or business as the Company’s Business, in the same or similar capacity as the Executive worked for
the Employing Companies, or in such capacity as would cause the actual or threatened use of the
Employer’s trade secrets and/or Confidential Information; provided, however, that this Subsection
shall not restrict the Executive from acquiring, as a passive investment, less than five percent
(5%) of the outstanding securities of any class of an entity that are listed on a national
securities exchange or actively traded in the over-the-counter market. The Executive acknowledges
and agrees that, given the level of trust and responsibility given to him while in the Employing
Companies’ employ, and the level and depth of trade secrets and Confidential Information entrusted
to him, any immediately subsequent (i.e. within two (2) years) employment with a competitor to the
Company’s Business would result in the inevitable use or disclosure of the Employer’s trade secrets
and Confidential Information and, therefore, this two (2) year restriction is reasonable and
necessary to protect against such inevitable disclosure; or

 

Page 10

 

(b) offer to provide employment or work of any kind (whether such employment is with the
Executive or any other business or enterprise), either on a full-time or part-time or consulting
basis, to any person who then currently is, or who within two (2) years preceding such offer or
provision of employment has been, an employee of the Employer.

The restrictions on the activities of the Executive contained in this Section shall be limited to
the following geographical areas:

(c) within a fifteen (15) mile radius of each banking center location operated by the Employer
on the Executive’s Termination Date;

(d) within each county in which a banking center location is operated by the Employer on the
Executive’s Termination Date;

(e) within a fifty (50) mile radius of Company’s corporate headquarters address in Evansville,
Indiana;

(f) within each city, town, and county in which the Employer began expansion or acquisition
planning or efforts during the Executive’s employment with the Employing Companies, and about which
Executive gained knowledge of Confidential Information or bore responsibility for expanding the
Company’s Business;

17. Remedies. The Executive agrees that the Company will suffer irreparable damage
and injury and will not have an adequate remedy at law if the Executive breaches any provision of
the Restrictive Covenants. Accordingly, if the Executive breaches or threatens or attempts to
breach the Restrictive Covenants, in addition to all other available remedies, the Company shall be
entitled to seek injunctive relief, and no or minimal bond or other security shall be required in
connection therewith. The Executive acknowledges and agrees that in the event of termination of
this Agreement for any reason whatsoever, the Executive can obtain employment not competitive with
the Company’s Business (or, if competitive, outside of the geographic and customer-specific scope
described herein) and that the issuance of an injunction to enforce the provisions of the
Restrictive Covenants shall not prevent the Executive from earning a livelihood. The Restrictive
Covenants are essential terms and conditions to the Company entering into this Agreement, and they
shall be construed as independent of any other provision in this Agreement or of any other
agreement between the Executive and the Company. The existence of any claim or cause of action
that the Executive has against the Company, whether predicated on this Agreement or otherwise,
shall not constitute a defense to the enforcement by the Company of the Restrictive Covenants.

18. Periods of Noncompliance and Reasonableness of Periods. The Restrictive Covenants
described in Sections 15 and 16 shall be deemed not to run during all periods of noncompliance, the
intention of the parties being to have such restrictions and covenants apply for the full periods
specified in Sections 15 and 16 following Termination of the Executive’s Employment. The Company
and the Executive acknowledge and agree that the restrictions and covenants contained in Sections
15 and 16 are reasonable in view of the nature of the Company’s Business and the Executive’s
advantageous knowledge of and familiarity with the Company’s Business, operations, affairs, and
Customers. Notwithstanding anything contained herein to the contrary, if the scope of any restriction or covenant contained in Sections 15 and 16 is found
by a court of competent jurisdiction to be too broad to permit enforcement of such restriction or
covenant to its full extent, then such restriction or covenant shall be enforced to the maximum
extent permitted by law. The parties hereby acknowledge and agree that a court of competent
jurisdiction shall invoke and exercise the blue pencil doctrine to the fullest extent permitted by
law to enforce this Agreement.

 

Page 11

 

19. Release. For and in consideration of the foregoing covenants and promises made by
the Company, and the performance of such covenants and promises, the sufficiency of which is hereby
acknowledged, the Executive agrees to release the Employer and all other persons named in the
Release from any and all causes of action that the Executive has or may have against the Employer
or any such person before the effective date of the Release, other than a breach of this Agreement.
The Release shall be substantially in the form attached hereto as Exhibit I. The Company shall
provide the Release to the Executive upon his Termination of Employment or within ten (10) days
thereafter. THE EXECUTIVE’S RIGHT TO BENEFITS HEREUNDER SHALL BE CONTINGENT ON HIS SIGNING AND
FILING THE RELEASE AS PROVIDED IN THE RELEASE WITHIN TWENTY-ONE (21) DAYS AFTER RECEIVING IT.

20. Reimbursement of Certain Costs.

(a) If the Company brings a cause of action to enforce the Restrictive Covenants or to recover
damages caused by the Executive’s breach of the Restrictive Covenants, the substantially prevailing
party in such action shall be entitled to reasonable costs and expenses (including, without
limitation, reasonable attorneys’ fees, expert witness fees, and disbursements) in connection with
such action.

(b) If a dispute arises regarding the Executive’s rights hereunder, and the Executive obtains
a final judgment in his favor from a court of competent jurisdiction with respect to such dispute,
all reasonable costs and expenses (including, without limitation, reasonable attorneys’ fees,
expert witness fees, and disbursements) incurred by the Executive in connection with such dispute
or in otherwise pursuing a claim based on a breach of this Agreement, shall be paid by the Company.

(c) Any reimbursement by the Company pursuant to this Section shall be subject to compliance
with applicable provisions of the Federal Deposit Insurance Corporation regulations found in Part
359 (entitled “Golden Parachute and Indemnification Payments”) of Title 12 of the Code of Federal
Regulations (or any successor provisions).

21. No Reliance. The Executive represents and acknowledges that in executing this
Agreement, the Executive does not rely and has not relied upon any representation or statement by
the Company and its agents, other than statements contained in this Agreement.

 

Page 12

 

22. Miscellaneous Provisions.

(a) Further Assurances. Each of the parties hereto shall do, execute, acknowledge,
and deliver or cause to be done, executed, acknowledged, and delivered at any time and from time to time upon the request of any other party hereto, all such further acts, documents, and
instruments as may be reasonably required to effect any of the transactions contemplated by this
Agreement.

(b) Binding Effect; Assignment. This Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns; provided, however, that
neither party hereto may assign this Agreement without the prior written consent of the other
party. Notwithstanding the foregoing, this Agreement may be assigned without the prior consent of
the Executive to a successor of the Company (and the Executive hereby consents to the assignment of
the Restrictive Covenants under this Agreement to a purchaser of all or substantially all of the
assets of the Company or a transferee, by merger or otherwise, of all or substantially all of the
businesses and assets of the Company) and, upon the Executive’s death, this Agreement shall inure
to the benefit of and be enforceable by the Executive’s executors, administrators, representatives,
heirs, distributees, devisees, and legatees and all amounts payable hereunder shall be paid to such
persons or the estate of the Executive.

(c) Waiver; Amendment. No provision or obligation of this Agreement may be waived or
discharged unless such waiver or discharge is agreed to in writing and signed by the Chairman of
the Board of Directors and the Executive. The waiver by any party hereto of a breach of or
noncompliance with any provision of this Agreement shall not operate or be construed as a
continuing waiver or a waiver of any other or later breach or noncompliance. Except as expressly
provided otherwise herein, this Agreement may be amended or supplemented only by a written
agreement executed by the Chairman of the Board of Directors and the Executive.

(d) Headings. The headings in this Agreement have been inserted solely for ease of
reference and shall not be considered in the interpretation or enforcement of this Agreement.

(e) Severability. All provisions of this Agreement are severable from one another,
and the unenforceability or invalidity of any provision hereof shall not affect the validity or
enforceability of the remaining provisions.

(f) Notice. Any notice, request, instruction, or other document to be given hereunder
to any party shall be in writing and delivered by hand, registered or certified United States mail,
return receipt requested, or other form of receipted delivery, with all expenses of delivery
prepaid, as follows:

	 	 	 
	If to the Executive:

Allen R. Mounts

1075 Jefferson Court

Newburgh, IN 47630

	 	If to the Company:

Old National Bancorp

Post Office Box 718

Evansville, IN 47705
	 

	 	ATTENTION: General Counsel

or to such other address as either party hereto may have furnished to the other in writing in
accordance with the preceding.

 

Page 13

 

(g) No Counterparts. This Agreement may not be executed in counterparts.

(h) Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. This Agreement shall be
governed by and construed in accordance with the laws of the State of Indiana, without reference to
the choice of law principles or rules thereof. The parties hereto irrevocably consent to the
jurisdiction and venue of the state courts for the State of Indiana located in Evansville, Indiana,
or the United States District Court for the Southern District of Indiana, Evansville Division,
located in Vanderburgh County, Indiana, and agree that all actions, proceedings, litigation,
disputes, or claims relating to or arising out of this Agreement shall be brought and tried only in
such courts. The Company, in its sole discretion, may, however, bring an action against the
Executive in any court where jurisdiction over the Executive may be obtained. EACH OF THE PARTIES
EXPRESSLY WAIVES ANY RIGHTS TO A JURY TRIAL THAT IT MAY OTHERWISE HAVE IN ANY COURT WITH RESPECT TO
THIS AGREEMENT TO THE MAXIMUM EXTENT PERMITTED BY LAW.

(i) Entire Agreement. This Agreement constitutes the entire and sole agreement
between the Employer and the Executive with respect to the Executive’s employment or the
termination thereof, and there are no other agreements or understandings either written or oral
with respect thereto. The parties agree that any and all prior severance and/or change of control
agreements between the parties have been terminated and are of no further force or effect.

(j) Rules of Interpretation. In interpreting this Agreement, the following rules
shall apply:

(1) The rule of construction to the effect that any ambiguities are to be resolved
against the drafting party shall not be employed in the interpretation of this Agreement.

(2) Words used in the singular shall be construed to include the plural, where
appropriate, and vice versa, and words used in the masculine shall be construed to include
the feminine, where appropriate, and vice versa.

(3) This Agreement shall be construed to comply with Code Section 409A or an exemption
from the application of Section 409A.

(4) Except as provided in the preceding provisions of this Subsection, this Agreement
shall be construed in accordance with the internal laws of the State of Indiana, without
regard to conflict of law principles.

 

Page 14

 

23. Review and Consultation. The Company and the Executive hereby acknowledge and
agree that each (i) has read this Agreement in its entirety prior to executing it, (ii) understands
the provisions and effects of this Agreement, (iii) has consulted with such attorneys, accountants,
and financial and other advisors as it or he has deemed appropriate in connection with their
respective execution of this Agreement, and (iv) has executed this Agreement voluntarily. THE
EXECUTIVE HEREBY UNDERSTANDS, ACKNOWLEDGES, AND AGREES THAT THIS AGREEMENT HAS BEEN PREPARED BY
COUNSEL FOR THE COMPANY AND THAT THE EXECUTIVE HAS NOT RECEIVED ANY ADVICE,
COUNSEL, OR RECOMMENDATION WITH RESPECT TO THIS AGREEMENT FROM THE COMPANY OR ITS COUNSEL.

	 	 	 	 	 	 	 
	 

	 	 	 	OLD NATIONAL BANCORP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

Allen R. Mounts (“Executive”)

	 	 	 	 

Larry E. Dunigan, Chairman of the
Board of Directors
	 	 
	 
	 	 	 	 	 	 
	 

Date

	 	 	 	 

Date
	 	 

 

Page 15

 

APPENDIX A

DEFINED TERMS

For purposes of this Agreement, the following terms shall have the meanings specified below:

“Bank” means Old National Bank, the Company’s principal subsidiary, and any successor to all
or substantially all of its business.

“Board” or “Board of Directors” means the Company’s Board of Directors or the committee of the
Board authorized to act of the Board’s behalf.

“Cause” means any of the following:

(1) the Executive’s act or failure to act constituting willful misconduct or gross
negligence that is materially injurious to the Employer or its reputation;

(2) the Executive’s willful and material failure to perform the duties of his
employment (except in the case of a Termination of Employment for Good Reason or on account
of the Executive’s physical or mental inability to perform such duties) and the failure to
correct such failure within five (5) days after receiving notice from the Board of Directors
specifying such failure in detail;

(3) the Executive’s willful and material violation of the Employing Companies’ code of
ethics or written harassment policies;

(4) the requirement or direction of a federal or state regulatory agency having
jurisdiction over the Company that the Executive’s employment be terminated;

(5) the Executive’s arrest or indictment for (i) a felony or (ii) a lesser criminal
offense involving dishonesty, breach of trust, or moral turpitude; or

(6) the Executive’s intentional breach of a material term, condition, or covenant of
this Agreement and the failure to correct such violation within five (5) days after receipt
of written notice from the Board of Directors specifying such breach in detail.

For purposes of this definition, no act or failure to act shall be considered “willful,” if the
Executive acted or failed to act either (i) in good faith or (ii) with a reasonable belief that his
act or failure to act was not opposed to the Employer’s best interests.

“Change in Control” means the first occurrence of any of the following events:

(1) the acquisition by any person (within the meaning of Section 13(d) of the
Securities Exchange Act of 1934 (“Act”)), other than the Company, a subsidiary, and any
employee benefit plan of the Company or a subsidiary, of twenty-five percent 25%) or more of
the combined voting power entitled to vote generally in the election of the directors of the
Company’s then outstanding voting securities;

 

Page 16

 

(2) the persons who were serving as the members of the Board of Directors immediately
prior to the commencement of a proxy contest relating to the election of directors or a
tender or exchange offer for voting securities of the Company (“Incumbent Directors”) shall
cease to constitute at least a majority of the Board of Directors (or the board of directors
of any successor to the Company) at any time within one year of the election of directors as
a result of such contest or the purchase or exchange of voting securities of the Company
pursuant to such offer, provided that any director elected to the Board of Directors, or
nominated for election, by a majority of the Incumbent Directors then still in office and
whose nomination or election was not made at the request or direction of the person(s)
initiating such contest or making such offer shall be deemed to be an Incumbent Director for
purposes of this subsection (2);

(3) consummation of a merger, reorganization, or consolidation of the Company, as a
result of which persons who were shareholders of the Company immediately prior to such
merger, reorganization, or consolidation do not, immediately thereafter, own, directly or
indirectly and in substantially the same proportions as their ownership of the stock of the
Company immediately prior to the merger, reorganization, or consolidation, more than fifty
percent (50%) of the combined voting power entitled to vote generally in the election of
directors of (i) the merged, reorganized, or consolidated company or (ii) an entity that,
directly or indirectly, owns more than fifty percent (50%) of the combined voting power
entitled to vote generally in the election of directors of the company described in clause
(i);

(4) a sale, transfer, or other disposition of all or substantially all of the assets of
the Company, which is consummated and immediately following which the persons who were
shareholders of the Company immediately prior to such sale, transfer, or disposition, do not
own, directly or indirectly and in substantially the same proportions as their ownership of
the stock of the Company immediately prior to the sale, transfer, or disposition, more than
fifty percent (50%) of the combined voting power entitled to vote generally in the election
of directors of (i) the entity or entities to which such assets are sold or transferred or
(ii) an entity that, directly or indirectly, owns more than fifty percent (50%) of the
combined voting power entitled to vote generally in the election of directors of the
entities described in clause (i); or

(5) the shareholders of the Company approve a liquidation of the Company.

“Change of Control Date” means the date on which a Change of Control occurs.

“COBRA” refers to the group health plan continuation requirements in Sections 601 through 607
of the Employee Retirement Income Security Act of 1974, as amended.

“Code” means the Internal Revenue Code of 1986, as amended from time to time.

“Company” means Old National Bancorp and any successor to all or substantially all of its
business.

 

Page 17

 

“Company’s Business” means, collectively, the products and services provided by the Employer,
including the following:

(1) community banking, including lending activities (including individual loans
consisting primarily of home equity lines of credit, residential real estate loans, and/or
consumer loans, and commercial loans, including lines of credit, real estate loans, letters
of credit, and lease financing) and depository activities (including noninterest-bearing
demand, NOW, savings and money market, and time deposits), debit and ATM cards, merchant
cash management, internet banking, and other general banking services;

(2) investment and brokerage services, including a full array of investment options and
investment advice;

(3) treasury segment, including investment management, wholesale funding, interest rate
risk, liquidity and leverage management, capital markets products (including interest rate
derivatives, foreign exchange, and industrial revenue bond financing);

(4) wealth management, including fiduciary and trust services, fee-based asset
management, and mutual fund management; and

(5) insurance agency services, including full-service insurance brokerage services,
such as commercial property and casualty, surety, loss control services, employee benefits
consulting and administration, and personal insurance.

“Compensation” means, as of the Termination Date, the Executive’s annual base salary then in
effect, plus the targeted cash incentive that the Executive would have been eligible to receive in
the year in which the Termination Date occurs. For purposes of the preceding sentence, any
reduction in the Executive’s annual base salary or targeted cash incentive that is an event of Good
Reason shall be disregarded.

“Confidential Information” means the following:

(1) materials, records, documents, data, statistics, studies, plans, writings, and
information (whether in handwritten, printed, digital, or electronic form) relating to the
Company’s Business that are not generally known or available to the Company’s business,
trade, or industry or to individuals who work therein other than through a breach of this
Agreement, or

(2) trade secrets of the Employer (as defined in Indiana Code §24-2-3-2, as amended, or
any successor statute).

Confidential Information includes, but is not limited to: (i) information about the Employer’s
employees; (ii) information about the Employer’s compensation policies, structure, and
implementation; (iii) hardware, software, and computer programs and technology used by Employer;
(iv) Customer and Prospective Customer identities, lists, and databases, including private
information related to customer history, loan activity, account balances, and financial
information; (v) strategic, operating, and marketing plans; (vi) lists and databases and other information related to the Employer’s vendors; (vii) policies, procedures, practices, and plans
related to pricing of products and services; and (viii) information related to the Employer’s
acquisition and divestiture strategy. Information or documents that are generally available or
accessible to the public shall be deemed Confidential Information, if the information is retrieved,
gathered, assembled, or maintained by the Employer in a manner not available to the public or for a
purpose beneficial to the Employer.

 

Page 18

 

“Customer” means a person or entity who is a customer of the Employer at the time of the
Executive’s Termination of Employment or with whom the Executive had direct contact on behalf of
the Employing Companies at any time during the period of the Executive’s employment with the
Employing Companies.

“Disability” means that the Executive is disabled within the meaning of the long-term
disability policy of the Employing Companies, as in effect on the earlier of the Termination Date
or the Change of Control Date. Termination of the Executive’s Employment on account of Disability
shall not affect his eligibility for benefits under any disability policy or program of the
Employer.

“Employer” means the Company and any other employer that is treated as a single employer with
the Company pursuant to Code Section 414(b), (c), or (m).

“Employing Company” means the Company or the Bank.

“Excess Parachute Payment” has the meaning given to such term in Code Section 280G(b)(1).

“Good Reason” means, for purposes of Section 7, any of the following without the express
written consent of the Executive:

(1) a material reduction in the Executive’s duties, responsibilities, or status with
the Employing Companies;

(2) a reduction in the Executive’s base compensation or failure to include the
Executive with other similarly situated employees in any incentive, bonus, or benefit plans
as may be offered by the Employing Companies from time to time;

(3) a change in the primary location at which the Executive is required perform the
duties of his employment to a location that is more than fifty (50) miles from the location
at which his office is located on the effective date of this Agreement; or

(4) the Company’s material breach of this Agreement.

 

Page 19

 

“Good Reason” means, for purposes of Section 8, any of the following, without the express
written consent of the Executive, during the two (2) year period beginning on the Change of Control
Date:

(1) assignment to the Executive of any duties materially inconsistent with his
positions, duties, responsibilities, or status with the Employing Companies immediately
before the Change of Control Date;

(2) a substantial reduction of the Executive’s duties or responsibilities, or any
removal of the Executive from, or any failure to re-elect the Executive to, any positions
held by the Executive immediately before the Change in Control Date;

(3) a reduction by the Employing Companies in the compensation or benefits of the
Executive in effect immediately before the Change in Control Date, or any failure to include
the Executive, at a level equal to or better than any other senior executive of an Employing
Company, in any incentive, bonus, or benefit plan covering one or more senior executives of
the Employing Companies;

(4) a reduction in the Executive’s total compensation opportunity;

(5) a change in the primary location at which the Executive is required perform the
duties of his employment to a location that is more than fifty (50) miles from the location
at which his office is located immediately before the Change of Control Date (disregarding
any change in location in anticipation of the Change of Control); or

(6) the Company’s material breach of this Agreement.

“Parachute Payment” has the meaning give to such term in Code Section 280G(b)(2).

“Parachute Payment Limit” means three (3) times the base amount, as defined by Code Section
280G(b)(3).

“Prospective Customer” means a person or entity who was the direct target of sales or
marketing activity by the Executive or whom the Executive knew was a target of the Employer’s sales
or marketing activities during the one year period preceding the Executive’s Termination of
Employment.

“Release” means the release referred to in Section 19.

“Restrictive Covenants” means the restrictions contained in Sections 13, 14, 15, and 16.

“Term” means the term of this Agreement, including any extensions thereof, as determined
pursuant to Section 2.

“Termination Date” means the effective date of the Executive’s Termination of Employment.

“Termination of Employment” means the Executive’s separation from service within the meaning
of Code Section 409A(a)(2)(A)(i).

 

Page 20

 

“Unacceptable Performance” means any of the following:

(1) the Executive’s act or failure to act constituting willful misconduct or gross
negligence that is materially injurious to the Employer or its reputation;

(2) the Executive’s material failure to perform the duties of his employment (except in
the case of a Termination of Employment for Good Reason or on account of the Executive’s
physical or mental inability to perform such duties) and the failure to correct such failure
within a reasonable period after receiving written notice from the Board of Directors
describing such failure in detail;

(3) the Executive’s violation of any code of ethics or business conduct or written
harassment policies of the Employing Companies that continues after the Board has provided
notice to the Executive that the continuation of such conduct will result in Termination of
the Executive’s Employment;

(4) the requirement or direction of a federal or state regulatory agency having
jurisdiction over the Company that the Executive be removed from his position or the
institution by such an agency of a formal enforcement proceeding against the Company or the
Executive specifically naming the Executive as a person with substantial involvement in the
acts (or omissions) that are the subject of such proceeding, and seeking that the Executive
cease and desist from such acts (or omissions) in connection with his duties or seeking
civil money penalties as a result of his past acts (or omissions);

(5) the Executive’s arrest or indictment for (i) a felony or (ii) a lesser criminal
offense involving dishonesty, breach of trust, or moral turpitude; or

(6) the Executive’s breach of a material term, condition, or covenant of this Agreement
and the failure to correct such breach promptly following receipt of written notice from the
Board of Directors describing such breach in detail.

“Weekly Pay” means the Executive’s Compensation divided by fifty-two (52).

 

Page 21

 

EXHIBIT I

RELEASE OF ALL CLAIMS

FOR VALUABLE CONSIDERATION, including the payment to the Executive of certain severance
benefits, the Executive hereby makes this Release of All Claims (“Release”) in favor of Old
National Bancorp (including all subsidiaries and affiliates) (“Company”) and its agents as set
forth herein.

1. The Executive releases, waives and discharges the Company and its agents (as defined below)
from all claims, whether known or unknown, arising out of the Executive’s employment relationship
with the Company, the termination of that relationship, and all other events, incidents, or actions
occurring before the date on which this Release is signed; provided, however, this Release shall
not apply to any claim based on the Company’s breach of Section 6 of the Employment Agreement.
Claims released herein include, but are not limited to, discrimination claims based on age, race,
sex, religion, national origin, disability, veteran status, or any other employment claim,
including claims arising under The Civil Rights Act of 1866, 42 U.S.C. § 1981; Title VII of the
Civil Rights Act of 1964; the Americans with Disabilities Act; the Age Discrimination in Employment
Act of 1967; the Federal Rehabilitation Act of 1973; the Older Workers’ Benefits Protection Act;
the Employee Retirement Income Security Act of 1974; the Fair Labor Standards Act; the Family and
Medical Leave Act (to the extent that FMLA claims may be released under governing law), the Indiana
Civil Rights Act, the Indiana Wage Payment and Wage Claims Acts, any Federal or State wage and hour
laws and all other similar Federal or State statutes; and any and all tort or contract claims,
including, but not limited to, breach of contract, breach of good faith and fair dealing,
infliction of emotional distress, defamation, or wrongful termination or discharge.

2. The Executive further acknowledges that the Company has advised the Executive to consult
with an attorney of the Executive’s own choosing and that the Executive has had ample time and
adequate opportunity to thoroughly discuss all aspects of this Release with legal counsel prior to
executing this Release.

3. The Executive agrees that the Executive is signing this Release of his own free will and is
not signing under duress.

4. In the event the Executive is forty (40) years of age or older, the Executive acknowledges
that the Executive has been given a period of twenty-one (21) days to review and consider a draft
of this Release in substantially the form of the copy now being executed and has carefully
considered the terms of this Release. The Executive understands that the Executive may use as much
or all of the twenty-one (21) day period as the Executive wishes prior to signing, and the
Executive has done so.

 

Page 22

 

5. In the event the Executive is forty (40) years of age or older, the Executive has been
advised and understands that the Executive may revoke this Release within seven (7) days after
acceptance. ANY REVOCATION MUST BE IN WRITING AND HAND-DELIVERED TO:

Old National Bancorp

Attn: General Counsel

One Main Street

Evansville, IN 47708

NO LATER THAN BY CLOSE OF BUSINESS ON THE SEVENTH (7TH) DAY FOLLOWING THE DATE OF
EXECUTION OF THIS RELEASE.

6. The “Company and its agents,” as used in this Release, means the Company, its subsidiaries,
affiliated or related corporations or associations, their predecessors, successors, and assigns,
and the directors, officers, managers, supervisors, employees, representatives, servants, agents,
and attorneys of the entities above described, and all persons acting, through, under or in concert
with any of them.

7. The Executive agrees to refrain from making any disparaging remarks concerning the Company
or its agents. The Company agrees to refrain from providing any information to third parties other
than confirming dates of employment and job title, unless the Executive gives the Company written
authorization to release other information or as otherwise required by law. With respect to the
Company, this restriction pertains only to official communications made by the Company’s directors
and/or officers and not to unauthorized communications by the Company’s employees or agent. This
restriction will not bar the Company from disclosing the Release as a defense or bar to any claim
made by the Executive in derogation of this Release.

PLEASE READ CAREFULLY BEFORE SIGNING. EXCEPT AS EXPRESSLY PROVIDED IN PARAGRAPH 1 ABOVE, THIS
RELEASE CONTAINS A RELEASE AND DISCHARGE OF ALL KNOWN AND UNKNOWN CLAIMS AGAINST THE COMPANY AND
ITS AGENTS EXCEPT THOSE RELATING TO THE ENFORCEMENT OF THIS RELEASE OR THOSE ARISING AFTER THE
EFFECTIVE DATE OF THIS RELEASE.

 

Page 23

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