1.

Bid Form
Name of Tender: Selling of electricity during period January May 2012, Ref. No. SE12/T-02 To: Javno preduzee Elektroprivreda Bosne i Hercegovine d.d. Sarajevo, Vilsonovo etalite 15, Sarajevo, Bosna i Hercegovina

Having examined the bidding documents, including Addendum No. [insert number], the receipt of which is hereby acknowledged, we, the undersigned, offer to buy and accept the electricity in full conformity with the said bidding documents, including Contract Form, as follows: Bid PACKAGE 1 PACKAGE 2 PACKAGE 3 PACKAGE 4 PACKAGE 5 Unit price (/MWh) / (KM/MWh) Unit price (in words) Delivery point

NOTE: Export fee is included in unit price according to Section II, Instructions to Bidders (ITB), clause 6.
Payment: 20 days after monthly delivery. Responsible person for contact and clarifications ________________________________________________________ __________________________________________________________________________________________ [name and surname, position, phone and fax, email]. If our bid is accepted, we undertake to accept the electricity in accordance with terms specified in the bidding documents and it is our obligation and responsibility to obtain cross border capacities necessary for deliveries outside electric power system of Bosnia and Herzegovina. If our bid is accepted, we will obtain a bank guarantee, in the form given in Section III, Forms, 3. Payment Security Form, hereunder, in the sum equal to the value of 60-days electricity delivery in the form provided in bidding documents. We agree to abide by this bid for a period of twenty two (22) days from the date fixed for bid submission deadline, as stipulated in the bidding documents, and it shall remain binding upon us and may be accepted by you at any time before expiration of that period. Until final version of contract is prepared and signed between us, this bid, together with your written acceptance in form of notification of contract award, shall constitute a binding contract between us. We understand that you are not bound to accept the highest or any bid you may receive. Dated ____________________, 2011. ____________________________________ [Name and Signature] In the capacity of ____________________________________ [position] Duly authorized to sign this bid for and on behalf of ______________________________ [name of Bidder]

2. Bid Security Form

Date: Name of Tender: Selling of electricity during period January May 2012, Ref. No. SE12/T-02 To: Javno preduzee Elektroprivreda Bosne i Hercegovine d.d. Sarajevo, Vilsonovo etalite 15, Sarajevo, Bosna i Hercegovina

WHEREAS [name of Bidder] (hereinafter called Bidder) has submitted its Bid dated [date of Bid] for the performance of the above-named Tender (hereinafter called Bid). KNOW ALL PERSONS by these present that WE [name of bank] of [name of country] having our registered office at [address of bank] (hereinafter called the Bank), are bound unto Javno preduzee Elektroprivreda Bosne i Hercegovine d.d. Sarajevo, Vilsonovo etalite 15, Sarajevo, Bosnia and Herzegovina (hereinafter called the Seller) in the sum of: ________ [amount in words], for which payment well and truly to be made to the said Seller, the Bank binds itself, its successors and assigns by these presents. Sealed with the Common Seal of the said Bank this ________ day of [month] 2011. THE CONDITIONS of this obligation are: 1. or 2. If Bidder, having been notified of the acceptance of its Bid by the Seller during the period of bid validity: a) fails or refuses to sign the Contract if required or b) fails or refuses to issue the payment security in accordance with the bidding documents, WE undertake to pay to the Seller up to the above amount upon receipt of its first written demand, without the Seller having to substantiate its demand, provided that in its demand the Seller will note that the amount claimed by it is due it, owing to the occurrence of one or both of the two above conditions, and specifying the occurred condition or conditions. This guarantee will remain in full force up to and including January 7 th 2012, and any demand in respect thereof must reach the Bank not later than the above date. For and on behalf of the Bank _________________________________ [Name and Signature] In the capacity of _________________________________ [Position] Common Seal of the Bank If Bidder withdraws its Bid during the period of bid validity specified by Bidder in the Bid Form;

3. Payment Security Form

Date: [Name of Contract] To: Javno preduzee Elektroprivreda Bosne i Hercegovine d.d. Sarajevo, Vilsonovo etalite 15, Sarajevo, Bosna i Hercegovina

We refer to the CONTRACT Concerning the sale and Purchase, Delivery and Acceptance of Electricity no. __________ signed on [date] (hereinafter referred to as the Contract) between you and [name and address of the buyer] (the Buyer). According to the Contract a bank guarantee, securing a fulfilment of the Buyers payment obligations, is required in the sum equal to the value of 60 (sixty) days electricity delivery under the Contract. By this letter we, the undersigned, [name of Bank], a Bank organized under the laws of [country of Bank] and having its registered/principal office at [address of Bank], issue in your favour an irrevocable guarantee up to the total sum of [amount of guarantee in words and figures]. We irrevocably undertake to make payment under this Letter of Guarantee upon receipt by us of your first written demand signed by your duly authorized officer declaring the Buyer to be in default with his payment obligations under the Contract and without cavil or argument, any sum or sums claimed by you up to the total sum of: [amount of guarantee in words and figures] (hereinafter referred to as the Total Guaranteed Amount), without your need to prove or to show grounds or reasons for your demand or the sum specified therein and without the right of the Buyer to dispute or question such demand. Our liability under this Letter of Guarantee shall be to pay to you any sum or sums, but not exceeding in total the total guaranteed amount in respect of any demand received by us under this Letter of Guarantee on or Prior to expiry date of this Letter of Guarantee, without being entitled to inquire whether or not this payment is lawfully demanded. This Letter of Guarantee shall be valid from the date of issue until the xx.xx.2012. [45 days after the end of electricity delivery]. Except for the documents herein specified, no other documents or other action shall be required, notwithstanding any applicable law or regulation. Our liability under this Letter of Guarantee shall become null and void immediately upon its expiry, whether it is returned or not, and no claim may be made hereunder after such Expiry date or after the aggregate of the sums paid by us to you shall equal the Total Guaranteed Amount hereunder, whichever is the earlier. All demands given hereunder shall be in English, shall bear your bankers confirmation that demand is signed by your duly authorized officer and its signature is authentic and shall be sent by registered mail or courier to the addressee at the address herein set out or as otherwise advised by and between the parties hereto. No action, event or condition that by any applicable law should operate to discharge us from liability hereunder shall have any effect and we hereby waive any right we may have to apply such law, so that in all respects our liability hereunder shall be irrevocable and, except as stated herein, unconditional in all respects. For and on behalf of the Bank _________________________________ [Name and Signature] In the capacity of _________________________ [Position] Common Seal of the Bank