MIRA INFORM REPORT

Report Date :

30.01.2012

IDENTIFICATION DETAILS

Correct Name :	FELTEX HOLDINGS (PTY) LTD
Registered Office :	1^st Floor New Link Centre, 1 New Street, Paarl, Western Cape
Country :	South Africa
Date of Incorporation :	27.06.1957
Com. Reg. No.:	1957/001891/07
Legal Form :	Private Company
Line of Business :	Manufacturers and automotive industry.
No. of Employees :	3600

RATING & COMMENTS

MIRA’s Rating :

Ba

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

Status :	Good
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)
South Africa	a2	a2

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

Company details

Subject Name	JORDAN SHOES A DIVISION OF FELTEX HOLDINGS (PTY) LTD
Country	SOUTH AFRICA
Requested Credit Limit	MAXIMUM
Enquiry Terms
Account Review	EVERY 6 MONTHS
Subject Contact person	V SLABBERT
Assessment	On investigation it was confirmed that JORDAN SHOES is a division of the subject, FELTEX HOLDINGS (PTY) LTD. On investigation contact was made with the financial manager, V SLABBERT. He stated he was not prepared to assist with any information. Attempts have been made to contact the 2 mentioned people named above who assisted us previously with information in 2011, who have been unavailable. We however have historical information below from 2011 with updated trade references. The subject is a well-established and well-connected company that would be considered as equal to its normal business engagements. It is suggested that larger credit dealings be secured.

Company Information

Registered Name	FELTEX HOLDINGS (PTY) LTD
Trading as/ Division Name	FELTEX AUTOMOTIVE- Automotive trims MOSSOP LEATHERS- Leather for shoe manufacturers. UNITED FRAM- Gum boots and plastic products. HOSAF- PET (plastic) bottle resins JORDAN- Shoes BULL BRAND FOODS- food products BRENNER MILLS- maize milling
Previous Name	None
Date of Name Change	N/A
Registration Number	1957/001891/07
Registration Date	1957-06-27
Date Commenced Trading	1957
History of Business	The subject had a change of shareholding in 2004.
Shareholders of subject and % holding	100% KAP INTERNATIONAL HOLDINGS LTD
Authorised Share Capital	169 000 000 normal shares 320 000 000 reserves
Share Premium	153 000 000
Total Equity	643 000 000 shares
Age of Company	54 years 3 months
Status	In Business
Operations Assessment	See above under divisions. FELTEX FOAM manufactures foam automotive components.
Industry/ Customers	Manufacturers and automotive industry.
Export	Far East- India
Major Industry Code / SICC	31213 Manufacturing
Definition of Code	Manufacture of automotive textile goods
Head Office Physical Address	1^st Floor New Link Centre 1 New Street PAARL Western Cape
Head Office Postal Address	P O Box 3639 PAARL 7620
Current Tel Number	021 8728726
Current Fax Number	021 8729064
FELTEX FOAM Physical Address	291 Paisley Road JACOBS Durban
FELTEX FOAM Postal Address	P O Box 13110 JACOBS 4026
Current Tel Number	031 4604200
Current Email Address	info@kapinternational.com v.slabbert@jordan.co.za
Web Site Address	www.kapinternational.com
Jordan Shoes Division	Office / Factory Industrial Center Malherbe St, Elsies Rivercapre Town, South Africa
Tel. Number	021 5907000

Auditors Information

Company Registered Name	Deloitte and Touche
Physical Address	1^st Floor The Square Cape Quarter ext 27 Somerset Road GREENPOINT 8005
Postal Address	P O Box 578 CAPE TOWN 8000
Contact Person	Chris Olivier
Contact Number	021 427 5300
Email	cholivier@deloitte.co.za
Principals	250 partners countrywide
Subject Verified as Client	Yes
SAICA number	904899E
BEE Status	Level 2
Financial Year End	May
Years With Auditors	Many
Website	www.deloitte.com

Previous Auditors

Company Name/ Tel	Time With Previous Auditors
PRICEWATERHOUSE COOPERS	Unknown
COOPERS AND LYBRAND	Unknown

Tax Information

Vat Number	4130219829
Status	Active
Vat Liable Date	Monthly
Tax Number	9950175712
Tax Clearance Expire Date	June
Financial Year End	June

Black Economic Empowerment

Status	Yes
Score	Level 5
BEE Certificate Available	See attached

ISO Status

Type of ISO Grade	Yes 14000 certified
ISO Certificate	Yes ISO/TS/16949:2009
ISO Certificate Available	See attached
Certified by an Accredited Agent	Yes

Workman’s compensation

Registered	Yes
Compliance Certified	Yes

Company Structure

Branches

18 Factories 12 Retail Stores

Branches Names	Country	Province
FELTEX AUTOMOTIVE- Automotive trims MOSSOP LEATHERS- Leather for shoe manufacturers. UNITED FRAM- Gum boots and plastic products. HOSAF- PET (plastic) bottle resins JORDAN- Shoes BULL BRAND FOODS- food products BRENNER MILLS- maize milling	Distributed throughout SOUTH AFRICA	Various

Subsidiary Company	Many DORMANT Companies in the group
Shareholding
Registration Number
Import / Export

Number of Employees	3600
1. Salaried employees	Nominal
2. Waged employees	Mostly on wages
3. Permanent employees
4. Casual employees
5. Contracted employees

Company Fleet	No of vehicles:	Owned/ Leased	Value	Outstanding Balance
Fleet Operations
The Fleet is made up of	Not provided
1. Cars
2. Light Delivery Vehicles
3. Trailers
4. Busses
5. Trucks
6. Fork Lifts
7. Other

Head Office Owned/ Rented	Rented
Rental Company	From a 3^rd party, name unavailable
Owned by
Value
Bond
Bank
Lease Agreement
Lease Expire Date
Type of Premises	Offices

Branches Owned/ Rented

Most branches and the Wayne Plastics factory are leased and other factories are owned by the company.

Attempts were made to establish trade references on the JORDAN Shoes division however the respondent declined. Please see the trade references on The Feltex Foam Division below.

Trade References

Supplier	Contact
1) BAYER	011 9215093
2) DOW SA	011 5750808
3) SOUTHERN CHEM	011 6080560
4) SAPLING TRADE AND INVEST	032 9445572
5) SHELL CHEMICALS	031 9132036

Trade References Current: On Feltex Foam Division

Age of Acc	Credit Limit	Max Credit	Terms	Average Purchases	Terms Taken	Comment
1) Do	Not	Give	Trade	References
3) 5 years	R350 000	R230 000	30 Days	R80 000- R230 000	30 days	Good
4) 3 Years	Open Account	R150 000	30 Days	R150 000	30 Days	Excellent
5) Do	Not	Give	Trade	References

Trade References Previous 2011:On Feltex Foam division

Age of Acc	Credit Limit	Max Credit	Terms	Average Purchases	Terms Taken	Comment
1) Do	Not	Give	Trade	References
3) 5 years	R350 000	R230 000	30 days	R80 000- R230 000	30 days	Good
4) Person	Away	On	Leave
5) Do	Not	Give	Trade	References

Adverse Information on Subject

Judgements	None
Possible Judgements	None
Civil Court	None
RDs	None

Default Data

Date	Details
None

Notarial Bonds

Date	Details
None

Deeds Information

Property Interest
Title Deed No.		T53754/2010	Erf/Site No.
Deeds Office		PRETORIA	Physical Address
Property Type		FARMS	Extent / Size		73817.6408H
Purchase Date		2010/02/22	Purchase price		R52250161
% Ownership		0.0000	Bond Holder
Bond Number		KR46524	Bond Amount		R0
Property Interest
Title Deed No.		T53754/2010	Erf/Site No.
Deeds Office		PRETORIA	Physical Address		26 IndustriaBela-Bela
Property Type		FREEHOLD/ERVIN	Extent / Size		2.7406H
Purchase Date		2010/02/22	Purchase price		R52250161
% Ownership		0.0000	Bond Holder
Bond Number			Bond Amount		R0
Property Interest
Title Deed No.		T53754/2010	Erf/Site No.
Deeds Office		PRETORIA	Physical Address		26 Paul Sauer Bela-Bela
Property Type		FREEHOLD/ERVIN	Extent / Size		5645.0SQM
Purchase Date		2010/02/22	Purchase price		R52250161
% Ownership		0.0000	Bond Holder		SOLUBLE TWO INV (PTY)LTD
Bond Number		VA18642003	Bond Amount		R0
Property Interest
Title Deed No.		ST102429/2005	Erf/Site No.		118
Deeds Office		PRETORIA	Physical Address		SANDOWN SANDTON
Property Type		SECTIONAL TITLE / UNIT	Extent / Size		46.0SQM
Purchase Date		2005/02/22	Purchase price		R385046
% Ownership		0.0000	Bond Holder
Bond Number		K20431981S	Bond Amount		R0
Property Interest
Title Deed No.		ST102429/2005	Erf/Site No.		118
Deeds Office		PRETORIA	Physical Address		SANDOWN SANDTON
Property Type		SECTIONAL TITLE / UNIT	Extent / Size		65.0SQM
Purchase Date		2005/02/22	Purchase price		R385046
% Ownership		0.0000	Bond Holder
Bond Number		K20431981S	Bond Amount		R0
Property Interest
Title Deed No.		T6783/2006	Erf/Site No.
Deeds Office		JOHANNESBURG	Physical Address		3 Sprinz Village Main Johannesburg South
Property Type		FREEHOLD/ERVIN	Extent / Size		1825.0SQM
Purchase Date		2005/09/28	Purchase price		R2700000
% Ownership		0.0000	Bond Holder		8
Bond Number		VA12571992-T210067	Bond Amount		R0
Property Interest
Title Deed No.		T6875/2006	Erf/Site No.
Deeds Office		JOHANNESBURG	Physical Address		Sprinz Village Main Johannesburg South
Property Type		FREEHOL/ERVIN	Extent / Size		528.0SQM
Purchase Date		2005/09/28	Purchase price		R8900000
% Ownership		0.0000	Bond Holder		CONRAPP ADMIN GUARANTEE TRUST
Bond Number		B29451995	Bond Amount		R0
Property Interest
Title Deed No.		T6875/2006	Erf/Site No.
Deeds Office		JOHANNESBURG	Physical Address		24 Sprinz Village Main Johannesburg South
Property Type		FREEHOLD/ERVIN	Extent / Size		473.0SQM
Purchase Date		2005/09/28	Purchase price		R8900000
% Ownership		0.0000	Bond Holder		CONRAPP PROP (PTY)LTD
Bond Number		K1751995L	Bond Amount		R0
Property Interest
Title Deed No.		T6875/2006	Erf/Site No.
Deeds Office		JOHANNESBURG	Physical Address		22 Sprinz Village Main Johannesburg South
Property Type		FREEHOLD/ERVIN	Extent / Size		496.0SQM
Purchase Date		2005/09/28	Purchase price		R8900000
% Ownership		0.0000	Bond Holder		CONRAPP PROP (PTY)LTD
Bond Number		K1751995L	Bond Amount		R0
Property Interest
Title Deed No.	T6875/2006			Erf/Site No.
Deeds Office	JOHANNESBURG			Physical Address	20 Sprinz Village Main Johannesburg South
Property Type	FREEHOLD/ERVIN			Extent / Size	498.0SQM
Purchase Date	2005/09/28			Purchase price	R8900000
% Ownership	0.0000			Bond Holder	CONRAPP PROP (PTY)LTD
Bond Number	K1751995L			Bond Amount	R0
Property Interest
Title Deed No.	T6875/2006			Erf/Site No.
Deeds Office	JOHANNESBURG			Physical Address	18 Sprinz Village Main Johannesburg South
Property Type	FREEHOLD/ERVIN			Extent / Size	515.0SQM
Purchase Date	2005/09/28			Purchase price	R8900000
% Ownership	0.0000			Bond Holder	CONRAPP PROP (PTY)LTD
Bond Number	K1751995L			Bond Amount	R0
Property Interest
Title Deed No.	T6783/2006			Erf/Site No.
Deeds Office	JOHANNESBURG			Physical Address	10 Sprinz Village Main Johannesburg South
Property Type	FREEHOLD/ERVIN			Extent / Size	1825.0SQM
Purchase Date	2005/09/28			Purchase price	R2700000
% Ownership	0.0000			Bond Holder
Bond Number	K8181987S			Bond Amount	R0
Property Interest
Title Deed No.	T6783/2006			Erf/Site No.
Deeds Office	JOHANNESBURG			Physical Address	8 Sprinz Village Main Johannesburg South
Property Type	FREEHOLD/ERVIN			Extent / Size	495.0SQM
Purchase Date	2005/09/28			Purchase price	R2700000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T6783/2006			Erf/Site No.
Deeds Office	JOHANNESBURG			Physical Address	6 Sprinz Village Main Johannesburg South
Property Type	FREEHOLD/ERVIN			Extent / Size	495.0SQM
Purchase Date	2005/09/28			Purchase price	R2700000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T6783/2006			Erf/Site No.
Deeds Office	JOHANNESBURG			Physical Address	4 Sprinz Village Main Johannesburg South
Property Type	FREEHOLD/ERVIN			Extent / Size	495.0SQM
Purchase Date	2005/09/28			Purchase price	R2700000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T6783/2006			Erf/Site No.
Deeds Office	JOHANNESBURG			Physical Address	2 Sprinz Village Main Johannesburg South
Property Type	FREEHOLD/ERVIN			Extent / Size	495.0SQM
Purchase Date	2005/09/28			Purchase price	R2700000
% Ownership	0.0000			Bond Holder
Bond Number	K581925S			Bond Amount	R0
Property Interest
Title Deed No.	T6875/2006			Erf/Site No.
Deeds Office	JOHANNESBURG			Physical Address	Village Main Johannesburg South
Property Type	FREEHOLD/ERVIN			Extent / Size	2974.0SQM
Purchase Date	2005/09/28			Purchase price	R8900000
% Ownership	0.0000			Bond Holder	CONRAPP PROP (PTY)LTD
Bond Number	K1751995L			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	1882 Eiffel Hammanskraal
Property Type	FREEHOLD/ERVIN			Extent / Size	1083.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	80
Bond Number	I-41931991C-B12053			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	City Of Tshwane Rural City of Tshwane Rural
Property Type	FARMS			Extent / Size	4856.0SQM
Purchase Date	2010/02/22			Purchase price	R522501061
% Ownership	0.0000			Bond Holder
Bond Number	K2341982S			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	City Of Tshwane Rural City of Tshwane Rural
Property Type	FARMS			Extent / Size	4856.0SQM
Purchase Date	2010/02/22			Purchase price	R522501061
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T73895/2006			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	41 MartinusRas Rosslyn Akasia
Property Type	FREEHOLD/ERVIN			Extent / Size	4.5390H
Purchase Date	2005/09/28			Purchase price	R8900000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T73895/2006			Erf/Site No.
Deeds Office	PIETERMARITZBURG			Physical Address	330 VoortrekkerMobeni East Durban South
Property Type	FREEHOLD/ERVIN			Extent / Size	2009.0SQM
Purchase Date	2005/03/16			Purchase price	R5850000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T37708/2005			Erf/Site No.
Deeds Office	PIETERMARITZBURG			Physical Address	279 Paisley Mobeni East Durban South
Property Type	FREEHOLD/ERVIN			Extent / Size	2294.0SQM
Purchase Date	2005/03/16			Purchase price	R5850000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R00
Property Interest
Title Deed No.	T65208/2005			Erf/Site No.
Deeds Office	PIETERMARITZBURG			Physical Address	Paisley Mobeni East Durban South
Property Type	FREEHOLD/ERVIN			Extent / Size	2.1991H
Purchase Date	2005/09/28			Purchase price	R16800000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T65208/2005			Erf/Site No.
Deeds Office	PIETERMARITZBURG			Physical Address	291 Paisley Mobeni East Durban South
Property Type	FREEHOLD/ERVIN			Extent / Size	1.8686H
Purchase Date	2005/09/28			Purchase price	R16800000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T65208/2005			Erf/Site No.
Deeds Office	PIETERMARITZBURG			Physical Address	333 VoortrekkerMobeni East Durban South
Property Type	FREEHOLD/ERVIN			Extent / Size	1.8521H
Purchase Date	2005/09/28			Purchase price	R16800000
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T82379/2006			Erf/Site No.
Deeds Office	CAPE TOWN			Physical Address	59 SoconyElsies River Industrial ElsiesRivier
Property Type	FREEHOLD/ERVIN			Extent / Size	1.4882H
Purchase Date	2004/11/08			Purchase price	R8128488
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	42 President SteynMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	6474.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	TSWANA FEEDS PACKAGING (PTY)LTD
Bond Number	VA96892006			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	10 RissikMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	57 GroblerMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	58 Meyer MakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	55 GroblerMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	56 Meyer MakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	53 GroblerMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	54 Meyer MakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	52 Meyer MakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	45 Kruger MakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	TSWANA FEEDS PACKAGING (PTY)LTD
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	46 President SteynMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	TSWANA FEEDS PACKAGING (PTY)LTD
Bond Number	VA96892006			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	45 Kruger MakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	TSWANA FEEDS PACKAGING (PTY)LTD
Bond Number	VA96892006			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	44 President SteynMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	TSWANA FEEDS PACKAGING (PTY)LTD
Bond Number	VA96892006			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	41 Kruger MakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	TSWANA FEEDS PACKAGING (PTY)LTD
Bond Number	VA96892006			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	39 Kruger MakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	2855.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	TSWANA FEEDS PACKAGING (PTY)LTD
Bond Number	VA96892006			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	15 VosterMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	1125.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder	TSWANA FEEDS PACKAGING (PTY)LTD
Bond Number	VA96892006			Bond Amount	R0
Property Interest
Title Deed No.	T53754/2010			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	23 StubbMakhadoMakhado
Property Type	FREEHOLD/ERVIN			Extent / Size	1125.0SQM
Purchase Date	2010/02/22			Purchase price	R52250161
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T29429/2007			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	Klipfontein 12-IR Kempton Park
Property Type	FARMS			Extent / Size	9914.0SQM
Purchase Date	2006/10/17			Purchase price	R8000000
% Ownership	0.0000			Bond Holder
Bond Number	K36301991S			Bond Amount	R0
Property Interest
Title Deed No.	T46985/2011			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	31 Aloe Luipaardsvlei 246 IQ Krugersdorp
Property Type	FARMS			Extent / Size	2.8444H
Purchase Date	2011/05/19			Purchase price	R4445155
% Ownership	0.0000			Bond Holder	WEST RAND CONSOLIDATED MINES LTD
Bond Number	K6461975RM			Bond Amount	R0
Property Interest
Title Deed No.	T46985/2011			Erf/Site No.
Deeds Office	PRETORIA			Physical Address	31 Aloe Luipaardsvlei 246 IQ Krugersdorp
Property Type	FARMS			Extent / Size	5.7825H
Purchase Date	2011/05/19			Purchase price	R4445155
% Ownership	0.0000			Bond Holder
Bond Number	K11381984RM			Bond Amount	R0
Property Interest
Title Deed No.	T103563/2005			Erf/Site No.
Deeds Office	CAPE TOWN			Physical Address	KORSTEN PORT ELIZABETH
Property Type	FREEHOLD/ERVIN			Extent / Size	2.5530H
Purchase Date	2005/09/28			Purchase price	R7100000
% Ownership	0.0000			Bond Holder
Bond Number	I-40421991LG			Bond Amount	R0
Property Interest
Title Deed No.	T61040/2005			Erf/Site No.
Deeds Office	CAPE TOWN			Physical Address	WELLINGTON
Property Type	FREEHOLD/ERVIN			Extent / Size	1.624H
Purchase Date	2005/05/16			Purchase price	R3612421
% Ownership	0.0000			Bond Holder
Bond Number	K6511986S			Bond Amount	R0
Property Interest
Title Deed No.	T61039/2005			Erf/Site No.
Deeds Office	CAPE TOWN			Physical Address	WELLINGTON
Property Type	FREEHOLD/ERVIN			Extent / Size	5.4980H
Purchase Date	2005/05/16			Purchase price	R3852900
% Ownership	0.0000			Bond Holder
Bond Number				Bond Amount	R0
Property Interest
Title Deed No.	T61040/2005			Erf/Site No.
Deeds Office	CAPE TOWN			Physical Address
Property Type	FREEHOLD/ERVIN			Extent / Size	886.0SQM
Purchase Date	2005/05/16			Purchase price	R3612421
% Ownership	0.0000			Bond Holder
Bond Number	K6511986S			Bond Amount	R0

Bank Information

Bank	Standard Bank
Branch	Jacobs
Bank Account Number	057120310
Type of Account	Current
Branch Code	043326
Account Name	FOAM DURBAN A DIV OF FELTEX HOLDINGS (PTY) LTD

Bank Codes History

Date requested	Bank Code	Enquiry Amount	Number of RD’s	RD amount	RD Date	Bank Comments
None

Previous Bank Accounts

Banker	Branch Code	Account Holder	Account number	Date opened	Years with bank
None

Financial Information

Financials were not provided on the subject.

Principals

Number of Principals	8
Average Age of Active Principals	53

Active Principals

Principal 1 of 8

Surname	POLLOCK
First Names	BRIAN
ID Number	4908215020082
Verified ID Number	Yes
Current Age	62
Designation	Businessman
Status	Active
Appointment Date	2008-01-01
Address (at time of Appointment)	33 Island View La Paloma BIG BAY Blouberg

Adverse Information on Principal

Judgement

Number of Judgements

None

Debt Review

Debt review

None

Other

Default data

None

Business Information on Principal

Current Business Interests

Company Name	Registration No	Status	Judgements	Liquidation
None

Previous Business Interests

Average Age of Previous Business Interests

21 years

Company Name	Registration No	Status	Judgements	Liquidation
JORDAN AND COMPANY (PTY) LTD	1982/000413/07	Deregistration Final	0	No
UNITRADE 1160 CC	1998/028862/23	Deregistration Final	0	No

Deeds Information

Property Interests of Principle

Property Interest
Title Deed No.	T105882/2004	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	8 HANNASBAAI BAY ST HELENA BAY
Property Type	Freehold/ Ervin	Extent / Size	321.0SQM
Purchase Date	2004-07-29	Purchase price	R440000
% Ownership	0.0000	Bond Holder
Bond Number		Bond Amount	R0

Property Interest
Title Deed No.	T33351/2006	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	COLUMBINE STREET ST HELENA BAY
Property Type	Freehold/ Ervin	Extent / Size	514.0SQM
Purchase Date	2004-12-13	Purchase price	R189000
% Ownership	0.0000	Bond Holder
Bond Number		Bond Amount	R0

Principal 2 of 8

Surname	HAVEMAN
First Names	JOHN
ID Number	7406115060081
Verified ID Number	Yes
Current Age	37
Designation	Businessman
Status	Active
Appointment Date	2007-04-18
Address (at time of Appointment)	129 Kenridge Avenue DURBANVILLE 7550

Adverse Information on Principal

Judgement

Number of Judgements

None

Debt Review

Debt review

None

Other

Default data

None

Business Information on Principal

Current Business Interests

Company Name	Registration No	Status	Judgements	Liquidation
FELTEX LTD	1933/016368/06	In Business	0	No
DANO TEXTILE INDUSTRAIES (PTY) LTD	1951/003269/07	In Business	0	No
KOLOSUS MANAGEMENT SERVCIES (PTY) LTD	1954/003433/07	In Business	0	No
CONSHU LTD	1962/004827/06	In Business	0	No
KAP INTERNATIONAL HOLDINGS LTD	1978/000181/06	In Business	0	No
VUMO WASTE STREAMING (PTY) LTD	1991/007205/07	In Business	0	No
CHEMICAL LEASING (PTY) LTD	1991/007210/07	In Business	0	No
WOSPROP 24 CC	1996/061549/23	Deregistration Process	0	No
BRENNER HOLDINGS (PTY) LTD	1998/023360/07	In Business	0	No
BULL BRAND FOODS (PTY) LTD	2000/007993/07	In Business	0	No
KAP INVESTMENTS (PTY) LTD	2000/007999/07	In Business	0	No
HIDES AND SKIN BROKERS (PTY) LTD	2000/008005/07	In Business	0	No
MARQUESA TRADING 43 CC	2003/041030/23	In Business	0	No
DISTINCTIVE CHOICE 965 CC	2005/050650/23	In Business	0	No
THE ONLY INVESTMENT GROUP (PTY) LTD	2006/021908/07	Deregistration Process	0	No
CEDAR POINT TRADING 60 CC	2009/162038/23	In Business	0	No

Previous Business Interests

Average Age of Previous Business Interests

42 years

Company Name	Registration No	Status	Judgements	Liquidation
FELTEX (PTY) LTD	1933/016368/07	Dissolved	0	No
CONSHU HOLDINGS LTD	1968/006778/06	In Business	0	No
CONSHU HOLDINGS (PTY) LTD	1968/006778/07	Voluntary Liquidation	0	Yes
WOSPROP 36 CC	1997/016870/23	Deregistration Final	0	No
OLYMPIC REPAIRS AND MAINTENANCE CC	1997/016872/23	Deregistration Final	0	No
WOSPROP40 CC	1997/017277/23	Deregistration Final	0	No
WOSPROP 41 CC	1997/017363/23	Dissolved	0	No
WOSPROP 42 CC	1997/017419/23	In Business	0	No
WOSPROP 43 CC	1997/018679/23	In Business	0	No
SAPICA POST CC	1997/019168/23	In Business	0	No
WOSPROP 45 CC	1997/019524/23	In Business	0	No
WOSPROP 46 CC	1997/019525/23	Deregistration Final	0	No
WOSPROP 50 CC	1997/022184/23	In Business	0	No
WOSPROP 47 CC	1997/022189/23	In Business	0	No
PCM COMBUSTION SERVICES CC	1997/022210/23	Deregistration Final	0	No
WOSPROP 48 CC	1997/022334/23	Deregistration Final	0	No
WOSPROP 53 CC	1997/033337/23	Deregistration Final	0	No
GEZIGGIES PRE-PRIMERE SKOOL CC	1997/033449/23	In Business	0	No
WOSPROP 52 CC	1997/033476/23	Deregistration Final	0	No
CRAIG SMITH AND ASSOCIATES CC	1997/033479/23	In Business	0	No
MARKER INVESTMENTS (PTY) LTD	1999/003840/07	Dissolved	0	No
SHEPARD MEDICAL (PTY) LTD	1999/025579/07	Conversion CO/CC or CC/CO	0	No
KOLOSUS LEATHERS (PTY) LTD	2000/008002/07	Voluntary Liquidation	0	Yes
G H HACKMANN SKINS (PTY) LTD	2000/008004/07	Dissolved	0	No
CONSHU TRADING (PTY) LTD	2000/017082/07	Dissolved	0	No

Deeds Information

Property Interests of Principle

Property Interest
Title Deed No.	T77387/2008	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	22 EVERGLEN MANOR EVERSDAL HEIGHTS DURBANVILLE
Property Type	Freehold/ Ervin	Extent / Size	851.0SQM
Purchase Date	2008-09-12	Purchase price	R3750000
% Ownership	0.0000	Bond Holder	INVESTEC BANK LTD
Bond Number	B702242008	Bond Amount	R3752052

Principal 3 of 8

Surname	BALLADON
First Names	MARK
ID Number	6203135070088
Verified ID Number	Yes
Current Age	49
Designation	Businessman
Status	Active
Appointment Date	2005-11-22
Address (at time of Appointment)	10 Heath Row BEREA Durban

Adverse Information on Principal

Judgement

Number of Judgements

None

Debt Review

Debt review

None

Other

Default data

None

Business Information on Principal

Current Business Interests

Company Name	Registration No	Status	Judgements	Liquidation
FELTEX FEHRER (PTY) LTD	1947/025764/07	In Business	0	No
B J BALLADON AND SONS (PTY) LTD	1958/003617/07	Deregistration Process	0	No
BALLADON INVESTMENTS (PTY) LTD	1965/004143/07	Deregistration Process	0	No
KAP INTERNATIONAL HOLDINGS LTD	1978/000181/06	In Business	0	No
RIETER FELTEX AUTOMOTIVE (MANUFACTURING) (PTY) LTD	1997/011791/07	In Business	0	No
CARAVELLE AUTOMOTIVE CARPETS (PTY) LTD	2001/014357/07	In Business	0	No
FUTURIS FELTEX (PTY) LTD	2005/002768/07	In Business	0	No
FELTEX TEXTILE FELTS (PTY) LTD	2005/007092/07	Deregistration Process	0	No
RIETER FELTEX (PTY) LTD	2005/009476/07	In Business	0	No

Previous Business Interests

Average Age of Previous Business Interests

29 years

Company Name	Registration No	Status	Judgements	Liquidation
DANO TEXTILE INDUSTRIES (PTY) LTD	1951/003269/07	In Business	0	No
TEXTOWEL WEAVERS (PTY) LTD	1965/000977/07	Deregistration Final	0	No
MOUNT VERNA SHARE BLOCK (PTY) LTD	1967/008000/07	In Business	0	No
DANODUV INVESTMENTS (PTY) LTD	1971/013472/07	Deregistration Final	0	No
LANATEX WEAVNG MANUFACTURERS (PTY) LTD	1977/001729/07	Deregistration Final	0	No
CARLO DE FIRENZE (PTY) LTD	1985/003003/07	Deregistration Final	0	No
DT HOLDINGS 100 LTD	1986/004150/06	Voluntary Liquidation	0	Yes
DANO FINANCES (PTY) LTD	1989/003122/07	Deregistration process	0	No
ECOM TRADENET CC	2002/080283/23	Deregistration Final	0	No
CARAVELLE AUTOMOTIVE HOLDINGS (PTY) LTD	2005/010846/07	Voluntary Liquidation	0	Yes
AUTO FUSSMATTEN (PTY) LTD	2005/015999/07	Voluntary Liquidation	0	Yes

Deeds Information

Property Interests of Principle

Property Interest
Title Deed No.	ST30334/2003	Erf/Site No.
Deeds Office	PIETERMARITZBURG	Physical Address	6 DENHAM BULWER BEREA
Property Type	Sectional Title / Unit	Extent / Size	43.0SQM
Purchase Date	2003-04-11	Purchase price	R100000
% Ownership	0.0000	Bond Holder
Bond Number		Bond Amount	R0

Property Interest
Title Deed No.	ST27301/2008	Erf/Site No.	6243,0
Deeds Office	PIETERMARITZBURG	Physical Address	1 ARMAND MARIANNHILL PARK PINETOWN
Property Type	Sectional Title / Unit	Extent / Size	70.0SQM
Purchase Date	2005-06-23	Purchase price	R375250
% Ownership	0.0000	Bond Holder
Bond Number		Bond Amount	R0

Principal 4 of 8

Surname	BURLAND
First Names	JEFFREY
ID Number	4902235112003
Verified ID Number	Yes
Current Age	62
Designation	Businessman
Status	Active
Appointment Date	2008-02-14
Address (at time of Appointment)	A7 Strathmore mews 12 Helen Road STRATHAVON 2031

Adverse Information on Principal

Judgement

Number of Judgements

None

Debt Review

Debt review

None

Other

Default data

None

Business Information on Principal

Current Business Interests

Company Name	Registration No	Status	Judgements	Liquidation
POULTRY INVESTMENTS CC	1989/012391/23	Deregistration Process	0	No
J BURLAND FAMILY HOLDINGS CC	2002/072668/23	Deregistration Process	0	No

Previous Business Interests

Average Age of Previous Business Interests

38 years

Company Name	Registration No	Status	Judgements	Liquidation
UNITED-FRAM FOOTWEAR MANUFACTURERS (PTY) LTD	1952/000951/07	Deregistration Final	0	No
CONSHU LTD	1962/004827/06	In Business	0	No
CONSHU MANAGEMENT (PTY) LTD	1969/001127/07	Dissolved	0	No
UNITED-FRAM (BOP) (PTY) LTD	1989/070501/07	Deregistration Final	0	No
UNIT 1-03 FIRST BEACH CC	1997/065684/23	Deregistration Final	0	No

Deeds Information

Property Interests of Principle

Property Interest
Title Deed No.	None	Erf/Site No.
Deeds Office		Physical Address
Property Type		Extent / Size
Purchase Date		Purchase price
% Ownership		Bond Holder
Bond Number		Bond Amount

Principal 5 of 8

Surname	FRIGERIO
First Names	UGO
ID Number	6007035856086
Verified ID Number	Yes
Current Age	51
Designation	Businessman
Status	Active
Appointment Date	2008-02-14
Address (at time of Appointment)	204 South Ridge Road GLENWOOD Durban

Adverse Information on Principal

Judgement

Number of Judgements

None

Debt Review

Debt review

None

Other

Default data

None

Business Information on Principal

Current Business Interests

Company Name	Registration No	Status	Judgements	Liquidation
FELTEX FEHRER (PTY) LTD	1947/025764/07	In Business	0	No
RIETER FELTEX AUTOMOTIVE (MANUFACTURING) (PTY) LTD	1997/011791/07	In Business	0	No
CARAVELLE AUTOMOTIVE CARPETS (PTY) LTD	2001/014357/07	In Business	0	No
RIETER FELTEX (PTY) LTD	2005/009476/07	In Business	0	No
FELTEX HOLDINGS (PTY) LTD	1957/001891/07	In Business	0	No
LONGEST DRIVE INVESTMENTS CC	2007/248983/23	In Business	0	No

Previous Business Interests

Average Age of Previous Business Interests

42 years

Company Name	Registration No	Status	Judgements	Liquidation
FELTEX LTD	1933/016368/06	In Business	0	No
FELTEX (PTY) LTD	1933/016368/07	Dissolved	0	No
CARAVELLE AUTOMOTIVE HOLDINGS (PTY) LTD	2005/010846/07	Voluntary Liquidation	0	Yes
AUTO FUSSMATTEN (PTY) LTD	2005/015999/07	Voluntary Liquidation	0	Yes

Deeds Information

Property Interests of Principle

Property Interest
Title Deed No.	T77772/2003	Erf/Site No.
Deeds Office	PIETERMARITZBURG	Physical Address	25 INVERNESS DURBAN NORTH DURBAN
Property Type	Freehold/ Ervin	Extent / Size	1412.0SQM
Purchase Date	2003-09-02	Purchase price	R1500000
% Ownership	0.0000	Bond Holder	STANDARD BANK
Bond Number	B507462003	Bond Amount	R600000

Principal 6 of 8

Surname	LITKIE
First Names	GRANT
ID Number	6009155011005
Verified ID Number	Yes
Current Age	51
Designation	Chartered Accountant
Status	Active
Appointment Date	2008-02-14
Address (at time of Appointment)	2 Picardie Avenue CONSTANTIA Cape Town

Adverse Information on Principal

Judgement

Number of Judgements

None

Debt Review

Debt review

None

Other

Default data

None

Business Information on Principal

Current Business Interests

Company Name	Registration No	Status	Judgements	Liquidation
BUCWYN PROPERTIES 015 (PTY) LTD	2000/013089/07	Deregistration Process	0	No
FELTEX HOLDINGS (PTY) LTD	1957/001891/07	In Business	0	No

Previous Business Interests

Average Age of Previous Business Interests

31 years

Company Name	Registration No	Status	Judgements	Liquidation
KOLOSUS LEATHER RESOURCES (PTY) LTD	1946/021523/07	Dissolved	0	No
KOLOSUS MANAGEMENT SERVICES (PTY) LTD	1954/003433/07	In Business	0	No
BALL AND COALTER (PTY) LTD	1957/003024/07	Dissolved	0	No
HOSAF FIBRES (PTY) LTD	1958/001843/07	In Business	0	No
AFRICAN HIDE AND SKIN BROKERS (PTY) LTD	1966/001379/07	Dissolved	0	No
AFBRO PRODUCE BUYERS (PTY) LTD	1969/016137/07	Dissolved	0	No
ATLAS MEATS (PTY) LTD	1977/002491/07	Voluntary Liquidation	0	Yes
BALL AND COALTER FOODS (PTY) LTD	1978/004477/07	Dissolved	0	No
FOUNTAIN TRAVEL (PTY) LTD	1982/005385/07	Dissolved	0	No
RENAISSANCE LEATHER COMPANY (PTY) LTD	1991/002990/07	Dissolved	0	No
VUMO WASTE STREAMING (PTY) LTD	1991/007205/07	In Business	0	No
CHEMICAL LEASING (PTY) LTD	1991/007210/07	In Business	0	No
DURBAN FIBRES (PTY) LTD	1993/006893/07	In Business	0	No
BRENNER HOLDINGS (PTY) LTD	1998/023360/07	In Business	0	No
BULL BRAND FOODS (PTY) LTD	200/007993/07	In Business	0	No
G H HACKMANN SKINS (PTY) LTD	2000/008004/07	Dissolved	0	No
HOSAF RECYCLING (PTY) LTD	2003/013731/07	In Business	0	No

Deeds Information

Property Interests of Principle

Property Interest
Title Deed No.	None	Erf/Site No.
Deeds Office		Physical Address
Property Type		Extent / Size
Purchase Date		Purchase price
% Ownership		Bond Holder
Bond Number		Bond Amount

Principal 7 of 8

Surname	WHITE
First Names	PETER
ID Number	5106265168104
Verified ID Number	Yes
Current Age	60
Designation	Director
Status	Active
Appointment Date	2008-02-14
Address (at time of Appointment)	18 Brittlestar Drive ATLANTIC BEACH GOLF ESTATE 7848

Adverse Information on Principal

Judgement

Number of Judgements

None

Debt Review

Debt review

None

Other

Default data

None

Business Information on Principal

Current Business Interests

Company Name	Registration No	Status	Judgements	Liquidation
HOSAF FIBRES (PTY) LTD	1958/001843/07	In Business	0	No
FELTEX HOLDINGS (PTY) LTD	1957/001891/07	In Business	0	No
DURBAN FIBRES (PTY) LTD	1993/006893/07	In Business	0	No
HOSAF RECYCLING (PTY) LTD	2003/013731/07	In Business	0	No
P E T RECYCLING COMPANY (PTY) LTD	2004/032347/07	In Business	0	No

Previous Business Interests

Average Age of Previous Business Interests

19 years

Company Name	Registration No	Status	Judgements	Liquidation
VUMO WASTE STREAMING (PTY) LTD	1991/007205/07	In Business	0	No
CHEMICAL LEASING (PTY) LTD	1991/007210/07	In Business	0	No

Deeds Information

Property Interests of Principle

Property Interest
Title Deed No.	T6784/2003	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	ATLANTIC BEACH GOLF ESTATE MELKBOSSTRAND
Property Type	Freehold/ Ervin	Extent / Size	787.0SQM
Purchase Date	2002-11-14	Purchase price	R380000
% Ownership	0.0000	Bond Holder
Bond Number		Bond Amount	R0

Principal 8 of 8

Surname	SHOUTEN
First Names	PAUL
ID Number	5410125002085
Verified ID Number	Yes
Current Age	57
Designation	Director
Status	Active
Appointment Date	2008-02-14
Address (at time of Appointment)	3 Nantes Street PAARL 7646

Adverse Information on Principal

Judgement

Number of Judgements

None

Debt Review

Debt review

None

Other

Default data

None

Business Information on Principal

Current Business Interests

Company Name	Registration No	Status	Judgements	Liquidation
DANO TEXTILE INDUSTRIES (PTY) LTD	1951/003269/07	In Business	0	No
CONSHU LTD	1962/004827/06	In Business	0	No
CONSHU HOLDINGS LTD	1968/006778/06	In Business	0	No
KAP INTERNATIONAL HOLDINGS LTD	1978/000181/06	In Business	0	No
BRENNER HOLDINGS (PTY) LTD	1998/023360/07	In Business	0	No
KAP INVESTMENTS (PTY) LTD	2000/007999/07	In Business	0	No
KOVACS INVESTMENTS 801 (PTY) LTD	2006/018491/07	In Business	0	No

Previous Business Interests

Average Age of Previous Business Interests

31 years

Company Name	Registration No	Status	Judgements	Liquidation
FELTEX LTD	1933/016368/06	In Business	0	No
FELTEX (PTY) LTD	1933/016368/07	Dissolved	0	No
CALAN LTD	1947/025134/06	Dissolved	0	No
SPILO (PTY) LTD	1951/004359/07	In Business	0	No
DA GAMA INTERNATIONAL TEXTILES (PTY) LTD	1954/000554/07	In Business	0	No
COURTHIEL HOLDINGS (PTY) LTD	1962/002846/07	In Business	0	No
CONSHU HOLDINGS (PTY) LTD	1968/006778/07	Voluntary Liquidation	0	No
HURKEL INVESTMENTS (PTY) LTD	1968/009595/07	In Business	0	No
WAYNE MANUFACTURING LTD	1981/005338/06	Deregistration Final	0	No
COURTHIEL PROPERTIES (PTY) LTD	1984/070092/07	Dissolved	0	No
DT HOLDINGS 100 LTD	1986/004150/06	Voluntary Liquidation	0	No
TAAIBOSCHBULT FEEEDLOT (PTY) LTD	1988/070402/07	In Business	0	No
REBONI FURNITURE FACTORY (PTY) LTD	1991/070075/07	In Business	0
SOUNDPROPS 132 (PTY) LTD	1992/005678/07	In Business	0	No
CONRAPP PROPERTIES (PTY) LTD	1994/002496/07	Voluntary Liquidation	0	No
GELVENOR CONSOLIDATED FABRICS (PTY) LTD	1995/004808/07	In Business	0	No
LOUNGEFOAM (PTY) LTD	1996/001546/07	In Business	0	No
BOLAND FINE SPINNERS (PTY) LTD	1996/001759/07	In Business	0	No
COURT FABRICS AND YARNS (PTY) LTD	1996/016919/07	In Business	0	No
MARKER INVESTMENTS (PTY) LTD	1999/003840/07	Dissolved	0	No
BULL BRAND FOODS (PTY) LTD	2000/007993/07	In Business	0	No
KOLOSUS LEATHERS (PTY) LTD	2000/008002/07	Voluntary Liquidation	0	No
CONSHU TRADING (PTY) LTD	2000/017082/07	Dissolved	0	No
KOVACS INVESTMENTS 435 (PTY) LTD	2001/029704/07	In Business	0	No

Deeds Information

Property Interests of Principle

Property Interest
Title Deed No.	T107017/2000	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address
Property Type	Freehold/ Ervin	Extent / Size	795.0SQM
Purchase Date	2000-09-04	Purchase price	R305000
% Ownership	0.0000	Bond Holder	BOE BANK LTD
Bond Number	B692832000	Bond Amount	R800000

Property Interest
Title Deed No.	T63608/2002	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address
Property Type	Freehold/ Ervin	Extent / Size	783.0SQM
Purchase Date	2002-01-02	Purchase price	R410000
% Ownership	0.0000	Bond Holder	FIRTSRAND BANK LTD
Bond Number	B443792002	Bond Amount	R1200000

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.65
UK Pound	1	Rs.77.80
Euro	1	Rs.65.05

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.