MIRA INFORM REPORT

Report Date :

18.05.2011

IDENTIFICATION DETAILS

Name :	NATASHA ENTERPRISE LLC

Registered Office :	Dubai Criom Building, 5^th Floor, Suite No. 525, Hamriyah Port Area, P O Bo 1104, Dubai

Country :	United Arab Emirates

Date of Incorporation :	12.02.2011

Com. Reg. No.:	1071332, Dubai

Legal Form :	Limited Liability Company

Line of Business :	Distributors of jewellery, precious stones, watches and gift items.

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 – December 31, 2010

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

United Arab Emirates

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

Bottom of Form

SUMMARY

Company Name : NATASHA ENTERPRISE LLC

Country of Origin : Dubai, United Arab Emirates

Legal Form : Limited Liability Company - LLC

Registration Date : 12^th February 2011

Commercial Registration Number : 1071332, Dubai

Trade Licence Number : 649946

Chamber Membership Number : 190180

Issued Capital : UAE Dh 300,000

Paid up Capital : UAE Dh 300,000

Total Workforce : 2

Activities : Distributors of jewellery, precious stones, watches and gift items.

Financial Condition : Undetermined

Payments : Nothing detrimental uncovered

COMPANY NAME

NATASHA ENTERPRISE LLC

company ADDRESS

Registered & Physical Address

Building : Dubai Criom Building, 5^th Floor, Suite No. 525

Area : Hamriyah Port Area

PO Box : 1104

Town : Dubai

Country : United Arab Emirates

Subject has yet to register any contact numbers.

Premises

Subject operates from a small suite of offices that are rented and located in the Port Area of Dubai.

KEY PRINCIPALS

Name Nationality Position

· Ahmed Mahideen Abdul Ofoor Indian Managing Director

· Neraf Soniel Jandhy Indian Director

· Nasser Ahmed Essa Abdullah Almjenen Emirati Director

LEGAL FORM & OWNERS

Date of Establishment : 12^th February 2011

Legal Form : Limited Liability Company - LLC

Commercial Reg. No. : 1071332, Dubai

Trade Licence No. : 649946 (Expires 09/02/2012)

Chamber Member No. : 190180

Issued Capital : UAE Dh 300,000

Paid up Capital : UAE Dh 300,000

Name of Shareholder (s)

· Nasser Ahmed Essa Abdullah Almjenen

· Ahmed Mahideen Abdul Ofoor

· Neraf Soniel Jandhy

OPERATIONS

Activities: Engaged in the import and distribution of jewellery, precious stones, watches and gift items.

Subject has a workforce of 2 employees.

FINANCIAL DATA

Subject is a newly formed business and as a result financial information is not currently available.

BANKERS

· HSBC Bank Middle East

Deira Souk Branch

PO Box: 66

Dubai

Tel: (971-4) 2535000

PAYMENT HISTORY

No complaints regarding subject’s payments have been reported.

GENERAL COMMENTS

In view of subject’s infancy, extensive payment and financial are not available, therefore dealings are recommended to be on secured terms, and a close monitoring of subject’s business development is advisable.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.07
UK Pound	1	Rs.63.57
Euro	1	Rs.72.97

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.