CRS FREIGHT TENDER DATED FEBRUARY 2, 2005 - RESULTS
PL480 TITLE II - SUDAN
CCC: 5897

OWNER: COPENSHIP A/S COPENHAGEN
VESSEL: M/V ANNA L, GREEK FLAG, SINGLEDECK BULK CARRIER,

CARGO: 3,120 MT MIN/MAX SORGHUM IN BULK
FIXED IN COMBO WITH PART CARGOES OF BULK GRAINS WHICH TOGETHER 
WITH THE CRS CARGO ABOVE WILL TOTAL 23,020 MT AND WHICH OTHER CARGOES 
ARE FOR ACCOUNT OF WFP AND WVRD FOR DISCHARGE AT LOBITO, ANGOLA, 
DURBAN, SOUTH AFRICA, AND BEIRA, MOZAMBIQUE

LOAD PORT:  1/3 SB EACH 1/2 SB U.S. GULF
DISCHARGE PORT: 1/2 SB MOMBASA, KENYA.
LAYDAYS: FEBRUARY 16 - MARCH 1, 2005

OCEAN FREIGHT RATE: USD 132.87 PMT BASIS ALL FIXED CARGO (CRS + WFP + 
WVRD) LOADING AT THE SAME BERTH/PORT AND BASIS LOADING AT TEXAS GULF.
IF CARGO (CRS A/O WFP A/O WVRD) LOADS IN MISSISSIPPI RIVER, INCREASE 
THE ABOVE RATE BY USD 3.25 PMT ON THE ENTIRE QUANTITY (CRS+WFP+WVRD) 
LOADED; FOR EACH ADDITIONAL LOAD BERTH (CRS A/O CRS A/O WVRD) IN 
EXCESS OF ONE, IF USED, INCREASE THE ABOVE RATES BY USD 2.25 PMT ON 
THE ENTIRE QUANTITY (CRS+WFP+WVRD) LOADED.  FOR EACH ADDITIONAL
LOAD PORT (CRS A/O CRS A/O WVRD) IN EXCESS OF ONE, IF USED, INCREASE 
THE ABOVE RATES BY USD 6.75 PMT ON THE ENTIRE QUANTITY (CRS+WFP+WVRD) 
LOADED.

BAGGING SERVICES AT DISCHARGE PORT: USD 6.00 PMT.