MIRA INFORM REPORT

Report Date :

12.03.2011

IDENTIFICATION DETAILS

Name :	DP TRADE SA

Registered Office :	Via Cantonale 19, 6900 Lugano

Country :	Switzerland

Date of Incorporation :	17.04.2009

Com. Reg. No.:	501.3.012.699-0 / 942487

Legal Form :	Company limited by shares

Line of Business :	trade in steel products, and services

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	CHF 8'000
Status :	Small Company
Payment Behaviour :	No Complaints
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)

Switzerland

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

company name

DP Trade SA

Operating address

Via Cantonale 19

6900 Lugano

Switzerland/CH

Telephone: 091 9104500

Fax: 091 9104501

Web site: http://www.dptrade.com

E-mail: info@dptrade.com

VAT-No.:

CHE-114.824.143

Profile

Established: 2009

Line of Business: Consumer goods wholesale

Industry Division: Wholesale trade

Industry-code (NACE): 4672 Wholesale of metals and metal ores

Import/Export: Import, Export

Banks: unknown

Operational Figures

Coverage: Company

Employees: 1-9

Activity

The business activities includes the worldwide trade in steel products, and services in the areas of marketing, logistics and management. The Company has 19 branch offices and agents throughout Europe, the CIS, Asia, South America and the Middle East.

Real Estate

Information on property ownership was not available.

Company Register

Company No: 501.3.012.699-0 / 942487

Legal form: Company limited by shares

Registration: 17.04.2009

Legal status: active

Responsible Register: Registro di commercio del Cantone Ticino

Auditor: PKF CERTIFICA SA (CH-514.3.025.600-1), Lugano

History: Date of Incorporation Statutes: 15.04.2009

Entry Deleted Name

17.04.2009 DP Trade SA

Entry Deleted Legal domicile

17.04.2009 Lugano, Switzerland

Entry Deleted Address

17.06.2009 Via Cantonale 19, Centro Bettydo, 6900 Lugano/TI, Switzerland/CH

17.04.2009 17.06.2009 c/o Besfid Fiduciaria SA, Via Pioda 5, 6901 Lugano/TI, Switzerland/CH

Entry Deleted Capital

17.04.2009 Share Capital CHF 1'000'000, paidup CHF 1'000'000

Entry Deleted Capital Structure

17.04.2009 1'000 Bearer shares of CHF 1'000.--

Entry Deleted Activity (original Language)

17.04.2009 Il commercio e l'intermediazione di prodotti metal siderurgici e materie prime, anche secondarie (commodities) di ogni tipologia. Assumere finanziamenti ed emettere garanzie di ogni genere. Sottoscrivere partecipazioni di ogni genere ed eseguire tutte le attività necessarie per il raggiungimento del suo scopo sociale.

Entry Deleted Remarks (original Language)

17.04.2009 Publishing authority: FUSC.

17.04.2009 Reports: Le comunicazioni della società agli azionisti, se noti, avvengono mediante lettera raccomandata.

Official Administration

Title Name

President Fadi Debahy, Origin: Syria, Address: Damasco, Syria, joint signature of two, Appointment: 17.04.2009

Vice-President Marco Galimberti, Origin: Italy, Address: Como, Italy, joint signature of two, Appointment: 17.04.2009

Executive Director Mario Borsese, Origin: Italy, Address: Montagnola/TI, Switzerland, joint signature of two, Appointment: 17.04.2009

Executive Director Gabriele Broggini, Origin: Lugano, Switzerland, Address: Porza, Switzerland, joint signature of two, Appointment: 17.04.2009

Executive board

Title Name

Chief Executive Officer Marco Galimberti (marco.galimberti@dptrade.com)

Chief Business Segment Officer Mario Borsese (mario.borsese@dptrade.com)

Owner/-s

Owner: The company is privately owned.

Class: 50-99%

Name: Fadi Debahy

City/Country: Damasco, Syria/SY

Investments

It is believed that the company has no investments.

Legal Actions

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

Credit Information

Financial Statements: The company does not disclose any financial statements. Third parties are not permitted any insight into the financial affairs. It is therefore difficult to make a proper assessment of the actual situation.

Financial Situation: The financial situation is difficult to assess.

Payment experiences: There are no objections regarding the payment of financial obligations.

Maximum Credit: CHF 8'000

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.21
UK Pound	1	Rs.72.55
Euro	1	Rs.62.43

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%)

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