MIRA INFORM REPORT

Report Date :

19.01.2012

IDENTIFICATION DETAILS

Name :	MPEXIS, AGGELOS, & CO. O.E.

Registered Office :	21 Akrokorinthou, 20100 Korinthos, Korinthia

Country :	Greece

Date of Incorporation :	04.01.2005

Legal Form :	General Partnership

Line of Business :	Wholesales confectionery

No. of Employees :	5

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 – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Greece

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

COMPANY NAME

MPEXIS, AGGELOS, & CO. O.E.

IDENTIFICATION DETAILS

Name: MPEXIS, AGGELOS, & CO. O.E.

ADDRESS: 21 AKROKORINTHOU

20100 KORINTHOS

KORINTHIA

GREECE

TELEPHONE: 0030 2741072075

TELEFAX: 0030 2741072075

E-MAIL ADDRESS: ampexis@yahoo.gr

ANY AMOUNTS HEREAFTER ARE IN EURO UNLESS OTHERWISE STATED

SENIOR COMPANY PERSONNEL

Aggelos Sta. Mpexis

administrator

partner

PRINCIPALS ANTECEDENTS

NAME: Aggelos Sta. Mpexis

Has a 50% interest in the partnership.

WORKFORCE

5 employees

PAYMENTS

Informants report that subject's payments are prompt.

BANKERS

Alpha Bank A.E.

Korinthos Branch branch., 57 Damaskinou, Korinthos 20100, Greece.

Telephone: 30 2741027163

Bank of Piraeus S.A.

Korinthos Branch branch., 6 Kolokotroni,

Korinthos 20100, Greece.

Telephone: 30 2741078000

FINANCIALS

According to the Subject, Sales for the 12 month period ending Dec 31, 2011 were Euro 2,500,000.

Please note that the above financial figure is estimated, no official financials were released by the subject.

LEGAL STATUS

Business started Jan 4, 2005.

General partnership registered on Jan 4, 2005 for a period ending Dec 31, 9999.

Tax Registration Number: 999405359

CAPITAL DETAILS

Non retrievable

SHAREHOLDERS

Stavroula Kouli holds 50.00% of the voting capital.

Aggelos Mpexis holds 50.00% of the voting capital.

LINKED COMPANIES

The following are related through principal(s) and/or financial

Interests:

KOULI STAVROULA Sole Proprietorship, Archaia Korinthos, Greece

This is a dormant concern.

Year started: 1999.

This concern is related through common shareholders.

BEXIS ANGELOS Sole Proprietorship, Archaia Korinthos, Greece

This is a dormant concern.

Year started: 1996.

This concern is related through common shareholders.

ACTIVITIES

Local Activity Code:                 4636

Local Activity Code Type:        STAKOD

Equivalent to:                          NACE 1

Wholesales confectionery

Wholesales fish and sea foods

Imports and wholesale trade of bakery products & raw materials,

Subject distributes its goods by wholesale in Peloponnissos.

IMPORTS

Imports 20% from India

Normal importing terms are cash against documents

EXPORTS

Subject does not export.

PREMISES / REAL ESTATE

Subject operates from owned warehouse, covering approximately 500 meters squares at heading address.

REGISTERED OFFICE: At heading address.

GENERAL COMMENTS

Please note that the Subject confirmed general details in this report.

Local informants stated that:

Subject is an economic unit, that is engaged in the trade of bakery products and raw materials. It is noted that subject uses 11 owned vehicles to distribute its products.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.50.67
UK Pound	1	Rs.77.72
Euro	1	Rs.64.63

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.