MIRA INFORM REPORT

Report Date :

17.05.2007

IDENTIFICATION DETAILS

Name :	HURTOWNIA TKANIN POŚCIELOWYCH MAT-TEX S.C. MARIUSZ I JACEK MATYGA

Registered Office :	Warszawska 156, 26-600 Radom

Country :	Poland

Financials (as on) :	29.12.2006

Date of Incorporation :	2003/01/08

Legal Form :	Civil Company

Line of Business :	Wholesale of textiles

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security

Status :	Moderate

Payment Behaviour :	Unknown

Litigation :	--

NAME & ADDRESS DATA

HURTOWNIA TKANIN POŚCIELOWYCH MAT-TEX S.C. MARIUSZ I JACEK MATYGA

WARSZAWSKA 156

26-600 RADOM

Tel. 048/3450788

Fax. 048/3450788

http:// www.mat-tex.pl

E-mail: biuro@mat-tex.pl

BASIC DATA

REGONCODE 672900230

VAT: 796-25-36-701

Legal form: CIVIL COMPANY

Status: ACTIVE

Start of activity: 2003

Registering agency LOCAL ADMINISTRATION OF RADOM

Type : DIRECTORY OF BUSINESS ACTIVITY

Number 45697

Date of registration: 2003/01/08

NACE code 51.41

Wholesale of textiles

ORGANIZATIONAL-LEGAL DATA

PARTNER

Surname : MATYGA

Names : MARIUSZ

PESEL : 68021109670

Citizenship : Poland

Addr.:

Country code : Poland

Zip code : 26-600

City : RADOM

Street : SOBIESKIEGO 8 M.5

PARTNER

Surname : MATYGA

Names : JACEK

PESEL : 66122601118

Citizenship : Poland

Addr.:

Country code : Poland

Zip code : 26-600

City : RADOM

Street : SOBIESKIEGO 9 M.22

MANAG.:

PARTNER

Representation : SOLE SIGNATURE

Surname : MATYGA

Names : MARIUSZ

PESEL : 68021109670

Citizenship : Poland

Addr.:

Country code : Poland

Zip code : 26-600

City : RADOM

Street : SOBIESKIEGO 8 M.5

Other Directorships : Partner: PPHU KOMA S.C.

MANAG.:

PARTNER

Representation : SOLE SIGNATURE

Surname : MATYGA

Names : JACEK

PESEL : 66122601118

Citizenship : Poland

Addr.:

Country code : Poland

Zip code : 26-600

City : RADOM

Street : SOBIESKIEGO 9 M.22

Other Directorships : Partner: PPHU KOMA S.C.

SHARES IN OTHER COMPANIES

No data

EMPLOYMENT

Total (MIN MAX) Productive(MIN MAX) Unprod.(MIN MAX) DATE FROM DATE TO

5-10 - - 2006/01/01-2006/12/31

REAL ESTATE

No data

FINANCIAL DATA

Officially not available - there is no legal requirements for civil partnerships to file its accountancy with the Registry

*********

the company did not published its financial statement with the State Gazette MONITOR POLSKI B /according to the Polish regulations all companies who meet two of following three requirements must published financial statements with a/m gazette :

1. average employment - more than 50

2. balance sheet - more than 2.500.000 EUR

3. net turnover - more than 5.000.000 EUR

(2005 - 3.133.280 PLN, 30.09.2005 - 1 EUR = 3,9166 PLN)

(2004 - 3.506.560 PLN, 30.09.2004 - 1 EUR = 4,3832 PLN)

(2003 - 3.714.800 PLN, 30.09.2003 - 1 EUR = 4,6435 PLN)

(2002 - 3.262.560 PLN, 30.09.2003 - 1 EUR = 4,0782 PLN)

(2001 - 3.104.800 PLN, 28.09.2001 - 1 EUR = 3,8810 PLN)

*********

when directly contacted representative of the firm deffered all data

HISTORICAL DATA

No change in the legal form has been reported

PAYMENTS

No significant trade experience has been reported thus far

TRADE PARTNERS

Details not available

RELATED FIRMS

RELATED FIRMS:

PPHU "KOMA" SPÓŁKA CYWILNA MARIUSZ I JACEK MATYGA

Identifier IRA0001232RK

ROLNICZA 12

26-600 RADOM

Tel. 048/3846785

Fax. 048/3846785

http:// www.koma.net.pl

E-mail: biuro@koma.net.pl

PROCEDURES

Officially not available

ADDITIONAL INFORMATION

Any other information officially not available

BANK

Name: Powszechna Kasa Oszczędności - Bank Polski S.A.

Addr.: 26-600Radom ul.Czachowskiego 21A

CUSTOMERS/SUPPLIERS

SUPPLIER

PRZEDSIĘBIORSTWO WIELOBRANŻOWE "UNIONTEX" SP. Z O.O.

Identifier TOR0001382RK

WYBICKIEGO 47

87-100 TORUŃ

SUPPLIER

PRZEDSIĘBIORSTWO PRZEMYSŁU BAWEŁNIANEGO "ZAMTEX" SPÓŁKA AKCYJNA

Identifier ILM0004772RK

AL.WOJSKA POLSKIEGO 27

18-300 ZAMBRÓW

Tel. 086/2712101,2712101

Fax. 086/2712096

http:// www.zamtex.com.pl

E-mail: poczta@zamtex.com.pl

CONTACT WITH THE COMPANY

When directly contacted representative of the company Mr Mariusz i Jacek Matyga declined to present any additional data.

EXCHANGE RATES

USD EUR

29.12.2006 2,9105 3,8312

30.12.2005 3,2613 3,8598

31.12.2004 2,9904 4,0790

31.12.2003 3,7405 4,7170

31.12.2002 3,8388 4,0202

31.12.2001 3,9863 3,5219

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
NR		In view of the lack of information, we have no basis upon which to recommend credit dealings	No Rating

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions