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CHIBA ELECTRONICS CO., LTD.

6-20-9 Takahama Mihama-ku

Chiba City 261-0003  Japan

Tel: (043) 277-1982  Fax: (043) 277-1255

E-mail: chibaelectronics@ah.com  

@

March 20, 20xx  

Mr. Ralph Williamson
Managing Director
Kingsbury Trading Ltd

Lymington Road

Four Marks, Nr.
Alton
Hampshire GU34 5EW

United Kingdom

Dear Mr. Williamson:

In reply to your letter of March 5, we are pleased to make the following firm offer to you, subject to our receiving your reply by April 10:  

Item No.  Particulars   Quantity   Value  
@ @ @  Unit Price   Amount  
@ @ @ @

CIF London

No.1   High-Resolution Color Printer HRCP25   500 units   US$500   US$250,000  
No.2   High-Resolution Color Printer HRCP35   300 units   US$300   US$90,000  
@ @ @ @ Total: 
US$340,000  
Payment: Draft at sight under Irrevocable Letter of Credit. 
Insurance: Seller to cover the CIF price plus 10% against All Risks. 
Packing: Standard export packing 
Destination: London, UK  
Shipment: July shipment, subject to our receipt of your L/C by the end of June. 

Whilst we appreciate your desire for a 5% discount, we must point out that in view of the high quality and advanced technology involved, the prices quoted are already our minimum. The prices we gave you barely cover the cost of production.

We would, however, be willing to give you a 3% discount for both the items if you were to increase your order for Model HRCP25 to 800 units and Model HRCP35 to 500 units.

We are confident that you will find our prices very competitive, and look forward to receiving your order in the near future.  

Sincerely yours,  

  Isao Yamanaka 

Isao Yamanaka
Export Manager 

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