PERU FREIGHT TENDER DTD SEPT 9, 2004 - RESULTS PL 480 TITLE I IFB NO. PERU-FRT-FY2004-1 (2 FIXTURES) M/V CYNTHIA FAGAN US FLAG BULK CARRIER OWNER: TECO OCEAN SHIPPING CARGO: 28,769 MT BULK WHEAT MAX/ 5% LESS AT O/O (1 GRADE HRW) LAYCAN: OCTOBER 15-25, 2004 L/P: 1/2 SB EACH 1 SP U.S. TEXAS GULF DISCH: 1/2 SB EACH 1/4 SAFE PORT(S) PERU OUT OF CALLAO, MATARANI, SALAVERRY, AND PAITA. FREIGHT RATE: USD 62.45 PMT BASIS CALLAO; FOR ANY QUANTITY DISCHARGED AT ANY OTHER PORT, ADD USD 6.00 PMT FOR THAT QUANTITY ONLY. PLUS USD 2.00 PMT EXTRA ON ENTIRE CARGO FOR EACH ADDITIONAL DISCHARGE PORT USED ------------------------------------ M/V ANSAC HARMONY PANAMA FLAG BULK CARRIER BARGE OWNER: THE RICE COMPANY CARGO: 8,593 MT MIN/MAX WHEAT IN BULK (1 GRADE HRW) LAYCAN: OCTOBER 15-25, 200 L/P: 1/2 SB EACH 1 SP U.S. TEXAS GULF DISCH: 1/2 SB EACH 1/4 SAFE PORT(S) PERU OUT OF CALLAO, MATARANI, SALAVERRY, AND PAITA. FREIGHT RATE: USD 40.00 PMT BASIS ONE LOAD PORT / ONE DISCHARGE PORT; USD 5.00 PMT EXTRA ON ENTIRE CARGO FOR EACH ADDITIONAL DISCHARGE PORT USED.