OCTOBER 15, 2002 EL SALVADOR FREIGHT TENDER DTD OCT 3, 2002 - RESULTS SECTION 416(B) IFB NO. ES-416(B)-02-052 CARGO (A): 16,065 MT WHEAT IN BULK (UP TO TWO GRADES / CLASSES) M/V DONG CHANG HAI PANAMA FLAG BULK CARRIER/LOGGER OWNER: SAN JUAN NAVIGATION LAYCAN: NOVEMBER 1-15, 2002 TBN TO A 10 DAY SPREAD AT CHOPT L/P: 1/3 SB 1/2 SP USG DISCH: 1/2 SB ACAJUTLA, EL SALVADOR FREIGHT RATE: $ 25.35 PER MT PLUS $ 4.00 PMT FOR 2ND LOAD PORT IF USED CARGO (B): 16,064 MT WHEAT IN BULK (UP TO THREE GRADES / CLASSES) BG DIANE LUDWIG U.S. FLAG GEARLESS BULK CARRIER BARGE OWNER: TECO OCEAN SHIPPING, TAMPA LAYCAN: NOVEMBER 15-30, 2002 TBN TO A 10 DAY SPREAD AT CHOPT L/P: 1/3 SB 1/2 SP USG DISCH: 1/2 SB ACAJUTLA, EL SALVADOR FREIGHT RATE: $ 71.75 PER MT PLUS $ 3.50 PMT FOR 2ND LOAD PORT IF USED