Attachment ‘A’
LOCATION SUPPLIER (% OF VOLUME SHARE) CONTRACT PERIOD EFFECTIVE 01ST APRIL 2003 ESTIMATED ANNUAL CONTRACT VOLUME 2003/2004 PRICE ESCALATION/ DE-ESCALATION MECHANISM PAYMENT / CREDIT TERMS
BKI (KOTA KINABALU)
PDB (60%)
ONE YEAR + ONE YEAR (OPTION)
13,800,000
MEAN OF PLATTS SINGAPORE JET KEROSENE
M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing. 30 days from the receipt of fortnightly invoicing. M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing.
SHELL (40%)
TWO YEARS + ONE YEAR (OPTION)
9,200,000
JHB (JOHOR BAHRU)
PDB (100%)
ONE YEAR + ONE YEAR (OPTION)
4,300,000
MEAN OF PLATTS SINGAPORE JET KEROSENE
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LOCATION
SUPPLIER (% OF VOLUME SHARE)
CONTRACT PERIOD EFFECTIVE 01ST APRIL 2003
ESTIMATED ANNUAL CONTRACT VOLUME 2003/2004
PRICE ESCALATION/ DE-ESCALATION MECHANISM
PAYMENT / CREDIT TERMS
KCH (KUCHING)
PDB (60%)
ONE YEAR + ONE YEAR (OPTION) TWO YEARS + ONE YEAR (OPTION)
8,100,000
MEAN OF PLATTS SINGAPORE JET KEROSENE
M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing. 30 days from the receipt of fortnightly invoicing. M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing.
SHELL (40%)
5,400,000
PDB (56.52%)
KUL (KUALA LUMPUR)
ONE YEAR + ONE YEAR (OPTION)
180,867,800
MEAN OF PLATTS SINGAPORE JET KEROSENE SHELL (24.73%) TWO YEARS + ONE YEAR (OPTION) TWO YEARS + ONE YEAR (OPTION) 79,132,200 30 days from the receipt of fortnightly invoicing.
EXXONMOBIL (18.75%)
60,000,000
15 days after the date of invoice on a weekly invoicing cycle. M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing. M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing.
LGK (LANGKAWI)
PDB (100%)
ONE YEAR + ONE YEAR (OPTION)
2,000,000
MEAN OF PLATTS SINGAPORE JET KEROSENE
PDB (45%)
MYY (MIRI)
ONE YEAR + ONE YEAR (OPTION)
990,000 MEAN OF PLATTS SINGAPORE JET KEROSENE
SHELL (55%)
TWO YEARS + ONE YEAR (OPTION)
1,210,000
30 days from the receipt of fortnightly invoicing. M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing.
PEN (PENANG)
PDB (100%)
ONE YEAR + ONE YEAR (OPTION)
(i) Pax: 5,000,000 (ii) Frt: 8,700,000
MEAN OF PLATTS SINGAPORE JET KEROSENE
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LOCATION
SUPPLIER (% OF VOLUME SHARE)
CONTRACT PERIOD EFFECTIVE 01ST APRIL 2003
ESTIMATED ANNUAL CONTRACT VOLUME 2003/2004
PRICE ESCALATION/ DE-ESCALATION MECHANISM
PAYMENT / CREDIT TERMS
SBW (SIBU)
PDB (100%)
ONE YEAR + ONE YEAR (OPTION)
1,700,000
MEAN OF PLATTS SINGAPORE JET KEROSENE
SDK (SANDAKAN)
PDB (100%)
ONE YEAR + ONE YEAR (OPTION)
185,000
MEAN OF PLATTS SINGAPORE JET KEROSENE
SZB (SUBANG)
PDB (100%)
ONE YEAR + ONE YEAR (OPTION)
50,000
MEAN OF PLATTS SINGAPORE JET KEROSENE
M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing. M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing. M60 credit terms – where the payment for the invoices in the current month shall be effected by Buyer on the full invoices without discount latest by the end of the month following the month of invoicing.
This announcement is dated 26th May, 2003
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