Llinks Advised on a US$50,500,000 Syndicated SBLC Facility and RMB 404,000,000 Loan Facilities Arranged by Mizuho Corporate Bank Ltd., Shanghai Branch and ABN AMRO Bank N.V.Shanghai Branch

Llinks recently advised as PRC legal counsel on a USD syndicated SBLC facility (the "SBLC Facility") arranged by Mizuho Corporate Bank Ltd., Shanghai Branch and ABN AMRO Bank N.V., Shanghai Branch for Ingram Micro International Trading (Shanghai) Co. Ltd. ("Ingram Shanghai"). Four foreign banks participated in the SBLC syndication. The SBLC Facility is extended to secure bilateral RMB loan facilities (the "RMB Loan Facilities") to be granted by four local banks respectively to Ingram Shanghai. The SBLC Facility amounts to US$50,500,000 securing RMB Loan Facilities amounting to RMB404,000,000. The finance documents were signed on 9 October, 2002 at Llinks.