Notices

8.1 Every notice or other communication (other than a L/C

Demand) under this Letter of Credit:

A. shall be in writing delivered personally or by pre-paid registered or recorded letter or, in the case of any communication other than a notice from the Beneficiary to the Issuer releasing the Issuer from its obligations hereunder in accordance with the terms of Clause 3(A) (which shall be delivered by hand in writing), by fax confirmed by letter;

B. shall be deemed to have been received, in the case of a letter, when delivered personally or on actual receipt and, in the case of a fax, at the time of receipt of the confirming letter; and

C. shall be sent to the addressee at its address or fax number as set out below or to such other address or fax number as is notified by the addressee in accordance with this Clause 8:

The Issuer

The Beneficiary

8.2 A notice or other communication (including a L/C Demand) received on a day that is not a Business Day or after 5.00 p.m. shall be deemed to be received on the next following Business Day.

8.3 Each L/C Demand shall:

A. be delivered personally or by pre-paid registered or recorded letter to the Issuer at the address specified in Clause 8.1(C) marked 'FOR THE URGENT ATTENTION OF [ ]'; and

B. be deemed to have been received when delivered in accordance with this sub-clause.

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