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CONTRACT for the supply of used Steam turbine Plant of 16MW & 18MW
This Contract (hereafter, together with appendices referred to as the "Contract") made between the Parties:

Proexcess AB sweeden ( Lennart Sjoblom) (hereafter referred to as the

"Seller") an

Shaheen Inc (Pakistan)( Gulzar Majeed Khawar) (hereinafter referred to as

the Buyer) WHEREAS, Buyer desires to purchase from the Seller two (2) AEG, Steam Turbines (hereafter referred to as the "Merchandise"). WHEREAS, the Seller desires to sell the Merchandise to Buyer under the terms and conditions hereinafter set forth; and WHEREAS, the Parties have reached full agreement, as detailed herein. NOW THEREFORE, the Parties agree as follows: 1 PURCHASE AND SALES The Merchandise is sold as is. 2 THE SITE The Merchandise is currently located at the site Varo Bruk, Varobacka, Sweden (the Site) Basis of the Sale The Merchandise is sold by Seller, and purchased by Buyer, in the place, and in the condition at the time of signing this Contract, what is customarily known to be as is, where is.

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DELIVERY LIMITS The delivery limits are according to Appendix 2.

PURCHASE PRICE The Buyer agrees to purchase the Merchandise at a Price of; 160.000 Excluded is: CO2 blasting and polishing: 5.000 Dismantling: To be negotiated The Price is exclusive of any VAT and any other charges that may be levied upon the Merchandise.

PAYMENT TERMS The payment shall be made as follows; 1. 5.000 non-refundable deposit due immediately. 2. Due within one (1) week after reciving 5k deposit: A. 75.000 B. 5.000 for the ice blasting and poliching. C. Dismantling to be established 3. Balance of 80.000 due when plant is ready for loading on Buyers trucks. The dismantling should be completed within 6 weeks from signed contract. It is possliby to store the equipment outdoors, after dismantling, in special designated site at site by agreement with Sodra Varo. Delivery date shall be within 90 days after signed contract or in agreement with Sodra Varo.

SELLER'S AND BUYER'S BANK DETAILS Sellers Account Details: IBAN: SE3980000842021376713333

BIC/SWIFT: SWEDSESS Clearing no. 8420-2 Account no: 974110859-2 Buyers Account Details: Bank name:

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APPOINTMENT OF DISMANTLING CONTRACTOR AND FREIGHT COMPANY Delivery The Merchandise shall be deemed delivered and risk of loss of the Merchandise shall pass to Buyer, immediately when the Merchandise is dismantled and packed for freight. Upon passage of risk of loss to Buyer, Buyer shall assume sole responsibility for insuring the Merchandise against loss, damage or theft and Buyer shall assume all risk and responsibility for demurrage charges, storage fees, insurance, security, liability, environmental liability and any and all expenses associated with ownership of the Merchandise.

7.1

NO WARRANTY Buyer acknowledges that the Merchandise is sold in the condition as is, where is and that the Seller expressly negates and excludes all warranties, including without limitation, the implied warranties of merchantability, fitness for any particular purpose, profits or revenues or any other warranties. Seller has not guaranteed the quality or the condition of the Merchandise. The documentation is sold in "as is, where is" condition. No guarantee is given for the correctness, extent or completeness of the documentation.

TRANSFER OF TITLE AND OWNERSHIP The Seller confirms that the equipment is free of any encumbrances, duties, liens or any legal claims by any other parties. The transfer of title and ownership of the Merchandise to the Buyer will take place upon Sellers receipt of full payment of the purchase price.

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CUSTOMS DUTIES AND TAXATION All customs duties, any charges or taxation related to the import of the Merchandise at the country of destination and for the Merchandises transit through any country are borne by the Buyer. Buyer must obtain at Buyers risk and expense any licenses or other official authorization and carry out all customs formalities for the import of the Merchandise into its final destination and for the Merchandises transit through any country.

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LIMITATION OF LIABILITY Seller shall not be liable in relation to the Buyer for any loss of profit, loss of use, loss of production, loss of contracts or any other direct or indirect loss or damage that may be suffered by the Buyer as a consequence of this Agreement. In no event and under no circumstances shall Seller assume any liability under the Agreement exceeding 15 % of the agreed purchase price.

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ASSIGNMENT The parties may not assign their rights, duties or obligations under this Contract unless prior written consent is obtained from the other party.

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GOVERNING LAW This Contract is subject to Swedish law, excluding its conflict of laws principles.

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ARBITRATION Any dispute, controversy or claim arising out of or in connection with this Contract, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the rules of the Arbitration Institute of the Stockholm Chamber of Commerce. The arbitral tribunal shall be composed of one or three arbitrators appointed by the Institute in accordance with said rules. The place of arbitration shall be Stockholm, Sweden. The language to be used in the arbitral proceedings shall be English.

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FORCE MAJEURE If either the Seller or Buyer shall be prevented from discharging their obligations under this Contract by reason of Force Majeure, the party invoking protection under this Clause shall within 15 (fifteen) days of the occurrence notify the other party and provide supporting evidence. The delivery shall be resumed by the party / parties within 15 (fifteen) days of the cessation of the Force Majeure causes. The following circumstances shall constitute grounds for relief: industrial disputes and any other circumstance beyond the control of the parties, such as fire, war, mobilization or military call up of comparable scope, requisition, seizure, trade and currency restrictions, insurrection and civil commotion, shortage of transport, general shortage of materials, restrictions in the supply of power and defects or delays in deliveries by sub-contractors caused by any such circumstances as referred to in this Clause. The above described circumstances shall constitute ground for relief only if their effect on the performance of the Contract could not be foreseen at the time of formation of the Contract.

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TRANSFER AND SUB-LETTING Neither the Seller nor the Buyer shall assign or otherwise transfer this Contract or any part thereof without the prior written permission of the other party.

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CONFIDENTIALITY CLAUSE The parties hereby agree not to disclose to any third party any contents of this Contract or any information relating to the transaction except to regulatory authorities to the extent required or as otherwise required under applicable law. Exception from

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this is such information that is relevant for Buyers subcontractors and needs to be transferred to them. 18 PARTIES BOUND This Contract shall be binding on and inure to the benefit of the parties hereto, their respective heirs, executors, administrators, legal representatives, successors and assigns where permitted under this Contract. 19 ENFORCEABILITY In case one or more provisions of this Contract shall for any reason be held to be invalid, illegal or unenforceable, such invalidity, illegality or unenforceability shall not affect the other provisions of this Contract and this Contract shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein. 20 WAIVER Failure to enforce any condition or clause of this Contract shall not operate as a waiver of the condition or clause or any subsequent breach thereof. 21 NOTICES All notices hereunder shall be in English and in writing and shall be deemed given when delivered personally or when sent by registered mail, return receipt requested, to the parties at the addresses listed below: Buyer: Shaheen Inc .. .. .. Proexcess AB (publ) Lennart Sjblom Nytorgsgatan 17B 891 34 rnskldsvik Sweden 22 ENTIRE AGREEMENT This Contract shall be set into force only with signatures. This Contract, including its appendices, represents the entire Contract between the Parties. No waiver, alterations or modifications of the provision of this Contract shall be binding on either Party unless evidenced by written notice of amendment, addressed as set forth above, and

Seller:

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signed by Buyer and Seller. This Contract shall be binding on the Parties here undersigned, their successors and assigns. _______________________ IN WITNESS WHEREOF, the Parties have caused this Contract to be executed on the last date as written below. Date:__________________________ Proexcess AB (publ) Owner Date:____________________________ Shaheen Inc Owner

Lennart Sjblom Corporate identity No 556601-4287 VAT No : SE556601428701

Mr Gulzar Majeed Khawar Cnic # 35202-0205723-5 Cascade Engineering & Construction Services

APPENDICES: 1. Dismantling offer