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Letter Offer PANNOTAN Exporters of Hides, Leather, and Shoes Budapest V. Szabadság u 6 Telex: ptan h 232345 Letters: Budapest H-1358 P. O B 178 Telephone: 377 234 Your ref: 569/88 Our ref: 14/57/88 Ibrahim el-Hammadi and Co. Leather and Shoes P. O Box 2376 Riyadh 11358 Saudi Arabia Re: Your Inquiry of 12th March Dear Sirs, Thank you for letter of 12th March. We are very pleased to learn that you are interested in developing business relations with us. In response to your request we are sending you our latest price list and illustrated catalogue. At the moment, however, we cannot send you actual samples because the range of our products is very large. We suggest that you choose the items you are interested in from the catalogue and place a trial order with us. We hope to hear from you soon. Yours faithfully, Pannotan Mrs Kovács Export Manager Mr Lugosy Director of Sales