MIRA INFORM REPORT

Report Date :

27.01.2011

IDENTIFICATION DETAILS

Name :	EXMOUTH MARINA VILLAGE PTY LTD

Registered Office :	'Ascot Centre' Level 1, 152 Great Eastern Highway, Ascot, Wa 6104

Country :	Australia

Date of Incorporation :	22.11.2010

Legal Form :	Proprietary Company

Line of Business :	Investment and Development Company

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
----	NB	New Business	----

Status :	New Company

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 – June 30, 2010

Country Name

Previous Rating

(01.04.2010)

Current Rating

(30.06.2010)

Australia

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

REGISTERED NAME

EXMOUTH MARINA VILLAGEPTY LTD

ACN: 147 485 121

ABN: 21 568 553 683

CORPORATE SEARCH

Incorporation State: WA

Incorporation Date: 22 NOV 2010

Registered Office

'ASCOT CENTRE' LEVEL 1,

152 GREAT EASTERN HIGHWAY,

ASCOT

WA 6104

Current Directors Total: 1

JONATHON ROSS WARREN – appointed: 22 NOV 2010

42 BAY Road CLAREMONT, Western Australia 6010

DOB: 19 APR 1952

Current Secretaries Total: 1

RACHEL LEE KADIR – appointed: 22 NOV 2010

Share Structure - Classes Total: 1

ORD ORDINARY SHARES 1

Share Capital

Shareholders Total: 1

ORD 1 - JONATHON ROSS WARREN

BUSINESS STRUCTURE

TRADING ADDRESS Level 1, 152 Great Eastern Highway

ASCOT, WA 6104

TELEPHONE (618) 9333 1711

AFFILATED ENTITIES ASSURED HOSPITALITY P/L

EXMOUTH MARINA VILLAGE P/L

CITY AND SUBURBAN GROUP P/L

BANK NATIONAL AUSTRALIA BANK

EMPLOYEES Not determined

BACKGROUND

The subject was incorporated in Western Australia on 22 November 2010 under the current style.

OPERATIONS

The subject is believed to operate as an investment and development company.

Activities are conducted from premises located at the above listed trading address.

ADVERSE

A search of failed to trace any litigation listed against the subject at that date.

FINANCES

The subject is not required to lodge financial statements with the Australian Securities and Investments Commission.

During the current investigations contact with the subjects Financial Controller Peter Hussey was unable to be established.

During initial investigations numerous messages were left for Mr Hussey to contact our office. No reply was received. Eventually it was advised that he is on annual leave and is not due to return until Wednesday 2 February 2011.

As a result details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.

Please note, this is an interim reply and upon contacting the subjects principals and receiving additional information this report will be updated and forwarded to your office.

TRADE SURVEY

During the current investigation, contact with the subject’s principals was unable to be established.

Subsequently details pertaining to the company’s suppliers were unable to be obtained and a trade survey could not be conducted.

SUMMARY

The subject was incorporated in Western Australia on 22 November 2010 under the current style.

Details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.

Please note, this is an interim reply and upon contacting the subjects principals and receiving additional information this report will be updated and forwarded to your office.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.53
UK Pound	1	Rs.72.78
Euro	1	Rs.62.14

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

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.