MIRA INFORM REPORT

Report Date :

06.02.2012

IDENTIFICATION DETAILS

Correct Name :	THYSSENKRUPP STAINLESS INTERNATIONAL GMBH

Registered Office :	Oberschlesienstr. 16, D 47807 Krefeld

Country :	Germany

Date of Incorporation :	25.09.1972

Com. Reg. No.:	HRB 10396

Legal Form :	Private Limited Company

Line of Business :	Wholesale of iron ores, iron, steel and iron and steel semi-finished goods

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

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

Maximum Credit Limit :	250,000 EUR

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 – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Germany

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

Company name

ThyssenKrupp Stainless International GmbH

Company address

Oberschlesienstr. 16

D 47807 Krefeld

Telephone:02151/8301

Telefax: 02151/832022

CONCLUSION

The company is considered solvent for credits within its scope of business.

Synthesis

LEGAL FORM Private limited company

Date of foundation: 25.09.1972

Shareholders'

agreement: 25.09.1972

Registered on: 26.10.2004

Commercial Register: Local court 47798 Krefeld

under: HRB 10396

Share capital: EUR 25,600.00

Shareholder

ThyssenKrupp Nirosta GmbH

Oberschlesienstr. 16

D 47807 Krefeld

Legal form: Private limited company

Share capital: EUR 110,000,000.00

Share: EUR 25,600.00

Registered on: 06.07.2009

Reg. data: 47798 Krefeld, HRB 12511

Control and profit transfer agreement

Manager

Pieter van Buren

NL - Rotterdam

authorized to jointly represent the company

born: 21.01.1959

Nationality: Dutch

Manager:

Dr. Torsten Schlüter

Im Ardeytal 16

D 58453 Witten

authorized to jointly represent the company

born: 20.08.1966

Profession: Businessman

Manager:

Christian Tebroke

D 45127 Essen

born: 01.12.1974

Proxy

Rainer Klante

D 40210 Düsseldorf

authorized to jointly represent the company

born: 09.09.1951

Proxy:

Thomas Kamps

D 46045 Oberhausen

authorized to jointly represent the company

born: 26.04.1961

Proxy:

Dr. Ulrich Jobst Brand

D 47807 Krefeld

authorized to jointly represent the company

born: 22.06.1970

Proxy:

Barbara Gregor

D 40472 Ratingen

authorized to jointly represent the company

born: 03.03.1970

Further functions/participations of Christian Tebroke (Manager)

Proxy:

ThyssenKrupp Nirosta GmbH

Oberschlesienstr. 16

D 47807 Krefeld

Legal form: Private limited company

Share capital: EUR 110,000,000.00

Registered

on: 06.07.2009

Reg. data: 47798 Krefeld, HRB 12511

COMPANY HISTORY

01.02.1973 - 18.02.1997 EISEN- UND STAHLHANDEL Gesellschaft mit

beschränkter Haftung

August-Thyssen-Str. 1

D 40211 Düsseldorf

Private limited company

18.02.1997 - 13.06.1999 EISEN- UND STAHLHANDEL Gesellschaft mit

beschränkter Haftung

Hans-Günther-Sohl-Str. 1

D 40235 Düsseldorf

Private limited company

14.06.1999 - 13.03.2002 Krupp Thyssen Nirosta Export GmbH

Hans-Günther-Sohl-Str. 1

D 40235 Düsseldorf

Private limited company

14.03.2002 - 02.02.2004 ThyssenKrupp Stainless Export GmbH

Hans-Günther-Sohl-Str. 1

D 40235 Düsseldorf

Private limited company

02.02.2004 - 25.10.2004 ThyssenKrupp Stainless Export GmbH

August-Thyssen-Str. 1

D 40211 Düsseldorf

Private limited company

RESIGNED ACTING PERSONS AND SHAREHOLDERS

13.01.2010 - 19.10.2011 Manager

Karsten Lork

D 47798 Krefeld

25.08.2008 - 28.12.2009 Manager

Dr. Jens Lauber

D 45473 Mülheim

25.08.2008 - 28.12.2009 Manager

Peter Mager

D 59469 Ense

BUSINESS ACTIVITIES

Sectors

46721 Wholesale of iron ores, iron, steel and iron and steel semi-finished goods

46722 Wholesale of non-ferrous ores, metals and metal semi-finished goods

FINANCIAL INFORMATION

Payment experience: takes advantage of cash discount

Negative information: We have no negative information at hand.

Maximum credit: > 250,000 EUR

REAL ESTATE

Type of ownership: Tenant

Address Oberschlesienstr. 16

D 47807 Krefeld

Land register documents were not available.

BANKERS

DEUTSCHE BANK, DÜSSELDORF

Sort. code: 30070010, BIC: DEUTDEDDXXX

COMMERZBANK, DÜSSELDORF

Sort. code: 30040000, BIC: COBADEDDXXX

COMMERZBANK VORMALS DRESDNER BANK, DÜSSELDORF

Sort. code: 30080000, BIC: DRESDEFF300

FINANCIAL FIGURES

Financial year: 01.10. - 30.09.

Share capital: EUR 25,600.00

The number of employees is not known.

Control and profit transfer agreement to:

ThyssenKrupp Nirosta GmbH

Oberschlesienstr. 16

D 47807 Krefeld

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.48.96
UK Pound	1	Rs.77.47
Euro	1	Rs.64.39

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.

Company name

Company address

CONCLUSION

Synthesis

Shareholder

Manager

Proxy

COMPANY HISTORY

BUSINESS ACTIVITIES

FINANCIAL INFORMATION

REAL ESTATE

BANKERS

FINANCIAL FIGURES

Unit