SUDAN FREIGHT TENDER DATED MAY 12, 2005 - RESULTS

PL 480 TITLE II - SAMARITAN'S PURSE
CCC: 5845
USDA INV NO. 055
FIXED W/ LIBERTY SPIRIT SHIPPING CORPORATION
VESSEL: M/V LIBERTY SPIRIT, US FLAG BULK CARRIER
LOADPORT: JACINTOPORT (JACI)
DISCHARGE PORT: MASSAWA, ERITREA
CARGO AVAILABILITY: (A) JULY 10, 2005
                    (B-F) JULY 25, 2005

CARGOES: 

(A) REF NO.: SP-001-05
    COMMODITY: CORN-SOY BLEND IN 25 KG BAGS
    CARGO: 190 NET METRIC TONS (VEPE01408)

(B) REF NO.: SP-002-05
    COMMODITY: CORN-SOY BLEND IN 25 KG BAGS
    CARGO: 1,340 NET METRIC TONS (VEPE01410)

(C) REF NO.: SP-003-05
    COMMODITY: LENTILS IN 50 KG BAGS
    CARGO: 450 NET METRIC TONS (VEP202732)

(D) REF NO.: SP-004-05
    COMMODITY: LENTILS IN 50 KG BAGS
    CARGO: 160 NET METRIC TONS (VEP202736)

(E) REF NO.: SP-005-05
    COMMODITY: LENTILS IN 50 KG BAGS
    CARGO: 10 NET METRIC TONS (VEP202730)

(F) REF NO.: SP-006-05
    COMMODITY: OIL - VEGETABLE, 6/4 L. ROUND
    CARGO: 490 NET METRIC TONS (VEPD04750)


OCEAN FREIGHT RATE: OCEAN FREIGHT RATES BELOW ARE BASIS 1 LOAD PORT 
(JACINTOPORT) TO 1 DISCHARGE PORT (MASSAWA, ERITREA) AND BASED ON
TOTAL QUANTITY CONTRACTED UNDER INV. 055 (RED SEA AND SOUTH/EAST 
AFRICA CARGOES) FOR SP, OTHER PVOs AND WFP, AS FOLLOWS:

FOR PARCELS SP-001-05 THRU SP-005-05 (CSB AND LE)
USD 150.60 PGMT BASIS 34,840-34,999 NMT
USD 147.89 PGMT BASIS 35,000-35,999 NMT
USD 145.34 PGMT BASIS 36,000-36,999 NMT
USD 142.34 PGMT BASIS 37,000-37,999 NMT
USD 140.63 PGMT BASIS 38,000-38,999 NMT
USD 138.63 PGMT BASIS 39,000-39,589 NMT
USD 137.89 PGMT BASIS 39,590 NMT


FOR PARCEL SP-006-05 (VO), INCREASE THE ABOVE RATES BY
USD 15.00 PGMT.

FOR EACH ADDITIONAL DISCHARGE PORT, THE ABOVE RATES SHALL BE 
INCREASED BY LUMPSUM USD 45,000, WHICH LUMPSUM WILL BE PRO-RATED OVER 
THE ENTIRE QUANTITY CONTRACTED BY SP, OTHER PVOs, AND WFP UNDER THIS 
INV. 055 (RED SEA AND SOUTH/EAST AFRICA CARGOES).   FIVE ADDITIONAL 
DISCHARGE PORTS (PORT SUDAN, DJIBOUTI, MOMBASA, DAR ES SALAAM, AND 
DURBAN) ARE SCHEDULED TO BE USED BY THIS VESSEL FOR THE DISCHARGE OF 
THE TOTAL QUANTITY CONTRACTED BY SP, OTHER PVOs, AND THE WFP UNDER 
THIS INV. 055 (RED SEA AND SOUTH/EAST AFRICA CARGOES).  ANY 
ADDITIONAL PREMIUMS FOR DISCHARGE PORTS NOT INCLUDED ABOVE ARE SOLELY 
FOR THE ACCOUNT OF THE RESPECTIVE PVO OR THE WFP THAT UTILIZES SUCH 
DISCHARGE PORT OPTION.