ST-ForestEnergy LLC

Dear Sir/Madam,

I am writing to you regarding the possibility to establish new good business relations and deliver our wood-pellets to you company on a long-term basis in Europe and the Baltic States.

We are wood-pellets?production company that located in the Russian Federation approximately 200 kilometers to Latvian board in Tver region.

We are currently producing 6 mm ENplus A2 industrial wood-pellets in the total volume of 250-300 ton per month and are going to expand our production capacity of up to 1 000-1 200 tons per month in September 2015.

Incolab Services Russia (ENPlus A2) has certificated our pellets and they have the following parameters: total moisture- 7.4%, ash in dry ?0.9% and net calorific value 4 202 kcal/kg.

We have packed our pellets to Big-Bags and we are going to pack it to 15 kg starting from September 2015.

We have established long-term contacts with logistics and transportation companies and we can offer you different delivery options based on INCOTERMS 2010 requirements (EXW-DAP).

Currently, we are selling and delivering our product in the Baltic States and in Russia both in prepayments and credit terms.

We will be happy to provide to you any additional information.