MIRA INFORM REPORT

Report Date :

04.09.2011

IDENTIFICATION DETAILS

Name :	WOO MEE P&S LTD

Registered Office :	376-17, Hapjeong-dong, Mapo-gu, Seoul, Korea, Rm.303, Shinwoo Bldg., Zip Code 121-897

Country :	South Korea

Date of Incorporation :	Not Available

Com. Reg. No.:	Not Available

Legal Form :	Sole Proprietorship

Line of Business :	Wholesales and Retails of Consumer Goods

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Undetermined
Payment Behaviour :	----
Litigation :	----

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)

South Korea

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

Bottom of Form

Basic

Company Name	WOO MEE P&S LTD (Korean Company Name : “N/A”)
Registered Address	376-17, Hapjeong-dong, Mapo-gu, Seoul, Korea
Building	Rm.303, Shinwoo Bldg.
Zip Code	121-897
Tel	N/A
Fax	+82-2-374-6068
Trading Address	Rm.303, Shinwoo Bldg., 376-17, Hapjeong-dong, Mapo-gu, Seoul, Korea
Tel	N/A
Fax	+82-2-374-6068
Type	Export/Import
Industry	Wholesales and Retails of Consumer Goods
Main Business	Consumer Goods
Established (mm/dd/yyyy)	N/A

Detailed Products

Activity	Detailed Products (UNSPSC)
Sell	Consumer Goods

CEO’s

Name	Park Kwan-Woo
Title	Owner
Sex	Male
Nationality	Korean

Profiles

Capital (KRW)	Not Applicable to the Sole Proprietorship
Employees	N/A
Formation	Sole Proprietorship
Bank Details	Woori Bank
Corporate Registered No.	Not Applicable to the Sole Proprietorship
Business Registered No.	N/A. (The numbers are kept by the National Tax Service confidentially.)
Permit & Licenses	N/A
Shareholder Position	The owner has 100% shares.
Company History	N/A

Due to lack of the information, we tried to contact the subject company, but +82-2-374-6068 is fax number, and we could not confirm who has this number.

In our research through the official sources including the Supreme Court Registry at which every Co Ltd type of Company should be registered, we could not find the subject company under the subject company name. So we submit the report as a Sole Proprietorship Type of Company as long as the subject company exists.

Because the subject’s Business Registered No., for checking through the National tax Service whether the subject is still existing or not, is not available, so we cannot confirm if the subject exist or not legally.

Management

Job Description	Title	Name	Sex	Nationality	Inauguration Date
Owner	Mr.	Park Kwan-Woo	Male	Korean	N/A

Financials

The financials are not available, and the Subject Company does not have any obligations to release its financials to the public.

Financial Description

Authorized Capital(KRW)	Not Applicable to the Sole Proprietorship
Paid-Up Capital(KRW)	Not Applicable to the Sole Proprietorship
Total Issues Shares	Not Applicable to the Sole Proprietorship

Products, Technologies, Services Description

Main Products & Services

Consumer Goods

Sales by Region

(Activity & Markets)

Not Available.

Court Action

Not Available.

News Clipping

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FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.90
UK Pound	1	Rs.74.31
Euro	1	Rs.65.41

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.