As you read on the document, Tthe comments to change the wording in the some of the articles are mostly rejected by our legal departmendt. oRegarding the other reques;t, the person who is in charge for advanced guarantee and performance guarantee absolutely has rejected on your request to modify because of all the comments related to standard terms and conditions, which were agreed to by both parties, CNOOC Iraq Limited and MOC ( Iraqi Government).

FYI:CNOOC Iraq Limited engaged with MOC(Iraqi Government) in a Technical Sharing Contract, and then named CMITFOD, so all regulations and procedures for the tender process will be managed and approved by both parties; the reason why the committees cannot consider the exceptions, even if the exceptions are related to CMITFOD's standard terms and conditions, buis that we believe that CMITFOD Terms and Conditions are still in the International normal standard for the Terms and Conditions, and it is wapproprth iate to follow them.

We are in the Technical and Commercial stage, and next week we will move forward to the next crucial step, the final round to decide the winner of the tender.
Your acceptablnce on the Subject ITT package will allow your company go to the final round.