MIRA INFORM REPORT

Report Date :

25.04.2011

IDENTIFICATION DETAILS

Correct Name :	KHEDR OTHMAN HAQROUS & PARTNER CO.

Registered Office :	Amman

Country :	Jordan

Date of Incorporation :	06.06.2007

Com. Reg. No.:	86341

Legal Form :	General Partnership

Line of Business :	importers and wholesalers of cigarettes and tobacco products

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

Maximum Credit Limit :	US DLRS 150,000
Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – December 31, 2010

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

Jordan

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company NAME

Khedr Othman Haqrous & Partner Co. (Correct)

AL FAISAL TOBACCO CO (Requested)

Company ADDRESS

Town       : Amman

Country : Jordan

Trading Style : Al Faisal Tobacco

SENIOR COMPANY PERSONNEL

Name Position

1. Ihsan Saleh Khalil Swileh Managing Partner

2. Khedr Othman Mahmoud Haqrous Partner

PAYMENTS

Current trade experience of payments has not been traced.

Our sources could not contact the company and obtain a direct interview. No telephone or fax number is listed for the subject.

Information in this report was obtained from the official companies registry.

Opinion on maximum credit : In the circumstances we recommend

international suppliers deal on a

strictly cash or prepaid basis.

Trade risk assessment: No classification

Credit opinion requested : US DLRS 150,000

See above comments.

PRINCIPAL BANKERS

Details of subject's bankers could not be learnt.

FINANCIAL INFORMATION

Balance sheets are not available and no financial information could

be obtained from third party sources.

LEGAL STATUS AND HISTORY

Date Started : 6 June 2007

C.R. No. : 86341

National ID No.: 200029892

Capital : JD 5,000

General Partnership with the following partners :

Share Value

1. Ihsan Saleh Khalil Swileh JD 2,500

(Jordanian national / National ID No.: 9631008971)

2. Khedr Othman Mahmoud Haqrous JD 2,500

(Jordanian national / National ID No.: 9531010772)

ACTIVITIES

The Company is involved in the following activities :

Trading as importers and wholesalers of cigarettes and tobacco products.

NACE Code : 4635

FACILITIES

The Company has the following facilities :

Premises located at the heading address.

SPECIAL NOTE

You enquired on: Al Faisal Tobacco Co. Please note that this name applies to subject's trading style only. Subject's correct registered name is as per heading.

Interviewed: Third party sources.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.30
UK Pound	1	Rs.72.92
Euro	1	Rs.64.69

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	Capability to overcome financial difficulties seems comparatively below average.	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
----	NB	New Business	----

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.