MIRA INFORM REPORT

Report Date :

24.12.2012

IDENTIFICATION DETAILS

Name :	LINDAUER DORNIER GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG

Registered Office :	Rickenbacher Str. 119 D 88131 Lindau

Country :	Germany

Financials (as on) :	31.12.2011

Date of Incorporation :	01.02.1950

Com. Reg. No.:	HRB 1220

Legal Form :	Private Limited Company

Line of Business :	Manufacture of machinery for processing plastics and rubber

No. of Employees :	927

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory
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 – June 30^th, 2012

Country Name

Previous Rating

(31.03.2011)

Current Rating

(30.06.2012)

Germany

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

GERMANY - ECONOMIC OVERVIEW

The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its energy and 46% of its base-load electrical production.

Source : CIA

Company name and address

Lindauer DORNIER Gesellschaft mit beschränkter Haftung

Company Status: active

Rickenbacher Str. 119

D 88131 Lindau

Telephone:08382/7030

Telefax: 08382/703810

Homepage: www.lindauerdornier.com

E-mail: info@lindauerdornier.com

VAT no.

DE128794942

CONCLUSION

Business relations are permissible.

Registartion data

LEGAL FORM Private limited company

Date of foundation: 1950

Shareholders'

agreement: 01.01.1950

Registered on: 01.02.1950

Commercial Register: Local court 87435 Kempten

under: HRB 1220

Share capital

EUR 30,000,000.00

Shareholder

Peter Dornier Holding GmbH

Rickenbacher Str. 119

D 88131 Lindau

Legal form: Private limited company

Share capital: EUR 3,000,000.00

Share: EUR 30,000,000.00

Registered on: 18.11.1993

Reg. data: 87435 Kempten, HRB 5020

Manager:

Peter D. Dornier

Wasserburger Str. 14a

D 88149 Nonnenhorn

having sole power of representation

born: 05.01.1961

Profession: graduate engineer

Marital status: married

Manager:

Michael Ebeling

Im Lohfeld 8

D 32657 Lemgo

born: 23.02.1963

Profession: graduate engineer

Manager:

Dr. Andreas Rutz

Bazienstr. 18k

D 88131 Lindau

born: 09.08.1952

Profession: graduate engineer

Marital status: married

Manager:

Hans-Jürgen Schmidt

D 31234 Edemissen

born: 15.12.1955

Profession: Fully qualified Economist

President of the Supervisory Board:

Prof.Dr. Dieter Feddersen

D 61476 Kronberg

born: 22.04.1935

Profession: lawyer and notary

Marital status: unknown

Vice-president of the Supervisory Board:

Dr.rer.pol. Klaus Peter Bleyer

D 63263 Neu-Isenburg

born: 18.11.1940 in Rosenheim

Profession: director of finance

Marital status: single

Member of the Supervisory Board:

Maria gen. Maja Dornier

D 88131 Lindau

born: 23.04.1937

Representative of the Employees within the Supervisory Board:

Hans Grossmann

D 88131 Lindau

born: 15.08.1949

Proxy

Bernhard Wandinger

D 88284 Wolpertswende