Shipper's name and address

MATSUDA TELEVISION SYSTEMS CO.

LOT5, PRESIAN TENKU APUAN

SITE 400 SHA ALAM

SELANG DE MALAYSIA NOT NEGOTIABLE

Air Waybill

Issued by

beijing kinte world express co., ltd.

Consignee's name and address

MATSUDA QINGDAO CO., LTD.

NO. 128 WUHAN ROAD

QINGDAO

CHINA It is agreed that the goods described herein are accepted in apparent good order and condition (except as noted) for carriage SUBJECT TO THE CONDITIONS OF CONTRACT ON THE REVERSE HEREOF, ALL GOODS MAY BE CARRIED BY ANY OTHER MEANS. INCLUDING ROAD OR ANY OTHER CARRIER UNLESS SPECIFIC CONTRARY INSTRUCTIONS ARE GIVEN HEREON BY THE SHIPPER. THE SHIPPER'S ATTENTION IS DRAWN TO THE NOTICE CONCERNING CARIER'S LIMITATION OF LIABILITY.

Shipper may increase such limitation of liability by declaring a higher value of carriage and paying a supplemental charge if required.

Issuing Carrier's Agent Name and City

beijing kinte world express co., ltd.

Agents IATA Code

Account No.

Airport of Departure(Add. of First Carrier) and Requested Routing

K.LUMPUR,MALAYSIA Accounting Information

FREIGHT COLLECT

to

QAO By first carrier

KE to by to by Currency

USD Declared Value for Carriage

NVD Declared Value for Customs

NVD

Airport of Destination

QINGDAO, CHINA Flight/Date

KE855/17JUN Amount of Insurance INSURANCE-If carrier offers insurance and such insurance is requested in accordance with the conditions thereof indicate amount to be insured in figures in box marked"Amount of Insurance"

Handling Information

"NOTIFY PARTY-SAME AS CONSIGNEE"

No. of Pieces Gross Weight Rate Class Chargeable

Weight Rate/Charge Total Nature and Quantity of Goods

52 510.00   211 AS ARRANGED   TV-PARTS

12.638M3

Prepaid Weight charge Collect

AS ARRANGED Other Charges

Valuation Charge

Tax

Total Other Charges Due Agent Shipper certifies that the particulars on the face hereof are correct and that insofar as any part of the consignment contains dangerous goods, such part is properly described by name and is in proper condition for carriage by air according to the applicable Dangerous Goods Regulations.

________________________________

Signature of Shipper or his agent

Total Other Charges Due Carrier

Total Prepaid Total Collect

AS ARRANGED JUN. 10,1999 QINGDAO KEWQAO

Executed on____ at_____ Signature of issuing

Carrier or as Agent

Currency Conversion Rates CC Charges in des. Currency

For Carrier's Use Only at Destination Charges at Destination Total Collect Charges AIR WAYBILL NUMBER

KEW-51000788

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