BANK GUARANTEE FORMAT FOR FURNISHING EMD 

               Whereas .......................................... 
                           (hereinafter called the "tenderer") 
        has submitted their offer dated..........................  

        for the supply of........................................ 
                           (hereinafter called the "tender") 
        KNOW ALL MEN by these presents that WE................... 

        of........................having  our registered office at 

        .................................are bound unto...........
        (hereinafter called the "Bank") 
        .....................................in the sum of........
        (hereinafter called the "Purchaser) 

        for which payment will and truly to be made  to  the  said 

        Purchaser,  the  Bank  binds  itself,  its  successors and 

        assigns by these presents.  Sealed with the Common Seal of 

        the said Bank this...........day of.............19.....  

        THE CONDITIONS OF THIS OBLIGATION ARE: 

        (1) If the  tenderer  withdraws  or  amends,  impairs  or
        derogates  from  the  tender  in  any  respect within the
        period of validity of this tender. 

        (2)  If  the  tenderer  having  been  notified   of   the
        acceptance  of  his  tender  by  the Purchaser during the
        period of its validity. 

        a.If  the  tenderer  fails  to  furnish  the  Performance
        Security for the due performance of the contract. 

        b.Fails or refuses to execute the contract. 

        WE  undertake to pay the Purchaser up to the above amount
        upon receipt of its first  written  demand,  without  the
        Purchaser  having  to  substantiate  its demand, provided
        that in its demand  the  Purchaser  will  note  that  the
        amount claimed by it is due to it owing to the occurrence
        of  one  or  both  the  two  conditions,  specifying  the
        occurred condition or conditions. 

        This guarantee will remain in force up to  and  including
        45  days  after  the  period  of  tender validity and any
        demand in respect thereof should reach the Bank not later
        than the above date. 

                                         ................ 
                                    (Signature of the Bank)