MIRA INFORM REPORT

Report Date :

14.06.2011

IDENTIFICATION DETAILS

Name :	FORTUNE JEWELLS CO., LTD.

Registered Office :	8F.-9, No.46, Sec.2, Chung Shan North Road, Taipei

Country :	Taiwan

Date of Incorporation :	06.08.2003

Com. Reg. No.:	80505283

Legal Form :	Private Limited Liability Company

Line of Business :	Sales of Jewellery

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 :	Poor

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 – March 31^st, 2011

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Taiwan

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

Contact Points

Company Name:	Fortune Jewells Co., Ltd.
Supplied Name:	Fortune Jewels Co Ltd.
Supplied Address:	No. 9 8th Floor, No. 46 Sec-2, Chung Shan North Road, Taipei

Credit Summary

Credit Rating:	N/A
Credit Opinion:	Since we did not get contact with subject, the operation information is not confirmed, thus we did not give the credit rating at this stage.

Special Notes

Based on the supplied name and address, we found a telephone number +886-2-2713-0577, we tried to contact with subject, but it was introduced that they are different companies.

From public files, we found the subject is engaged in sales of Jewellery, while it was not confirmed by the subject.

Up to the date of reporting, we did not get contact with subject, if you kindly supply further information of subject, we’d like to continue our investigation.

We found the registered information of subject from local registry, supplying as follows for reference.

Company Identification Details

Registered Name:	Fortune Jewells Co., Ltd.
Registered Address:	8F.-9, No.46, Sec.2, Chung Shan North Road, Taipei, Taiwan, R.O.C.
Date of Foundation:	2003-8-6
Registration Number:	80505283
Registry:	Taipei City Government
Registered Capital:	NTD 1,000,000 (USD 34,700) (As of 2011.06, 1 NTD = 0.0347 USD)
Legal Representatives:	Hesi Luo
Legal Form:	Private Limited Liability Company
Staff:	About 10 Employees
Listed at Stock Exchange:	No
Date of Last Annual Return:	2003-11-12

History

Subject was incorporated on 2003-8-6 with registered number 80505283 as Private Limited Liability Company in Taiwan.

Shareholders

(Unit: NTD)

Name

Subscription Amount

Hesi Luo

1,000,000

Subsidiaries & Branches

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

Personnel Information

Core Management

Directors

1
Name	Hesi Luo
Position	Director

Financial Information

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Taiwan and the only source from which we can obtain the information is the subject itself.

Since we didn’t get contact with the subject; from other source we can not obtain the relevant information, either.

Bankers

Information on bankers is not available from subject or other source.

Public Record

Mortgage

No chattel mortgage record of subject has been found within the recent 3 months.

Lawsuit

Up to date of reporting, no existing or latent litigation of the subject has been found.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.87
UK Pound	1	Rs.72.83
Euro	1	Rs.64.37

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.