MIRA INFORM REPORT

Report Date :

27.07.2012

IDENTIFICATION DETAILS

Name :	RECKITT BENCKISER SOUTH AFRICA (PTY)LTD

Registered Office :	8 Jet Park Road, Elandsfontein, 14068

Country :	South Africa

Date of Incorporation :	02.11.1970

Com. Reg. No.:	M1970/014554/07

Legal Form :	Private Company

Line of Business :	The company operates as a distributor of household, personal care and healthcare products

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

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 – March 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

South Africa

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

Summary

Subject Name	RECKITT BENCKISER SOUTH AFRICA (PTY)LTD
Country	South Africa
Requested Credit Limit	$ 15000000.00
Enquiry Terms	COD
Account Review	Every 6 Months
Subject Contact Person	Robin Banerjee-Financial Manager
Assessment	This is a well-established and well -connected business. The Financial Manager was unable to assist with confirming information of the concern Trade References and Banking details were not made available. We cannot reccommend credit dealings. Please see the available information obtained below

Auditors information

Company Registered Name	PRICEWATERHOUSE COOPERS INC.
Trading Name	PWC
Registration Number	1998/012055/21
Physical Address	19 Oewer Place, Rokewood Avenue, Stellenbosch, 7600
Postal Address	P O BOX 57, STELLENBOSCH, 7599
Contact Person
Contact Number	021 815 3000
Email	info@za. pwc.com
Principals
Judgements Against Subject	No information on file
Judgements Against Principals	No Information on file
Subject Verified as Client	Yes
Practice Number	00257614
Website	www.pwc.co.za
Comment

Previous Auditors

Company Name	Phone Number	Time with previous auditors	Comment
PRICE WATERHOUESE MEYERNEL		20

Tax Information

Vat Number	4230109508
Status	ACTIVE
Vat Liable Date	1991/09/30
Tax Number	9727002710
Tax Clearance Expire Date
Financial Year End	December
Comment

Black Economic Empowerment Information - No Information on Record

ISO Information - No Information on Record

Workman's compensation

Registered	Yes
Compliance Certified	Yes
Comment

Company Structure

Subsidiaries Information - No Information on Record

Employees
Number of Employees
1. Salaried employees
2. Waged employees
3. Permanent employees
4. Casual employees
5. Contracted employees
Comment	Details not made available

Company Fleet

Company Fleet	No of vehicles:	Ownerd/Leased	Value	Outstanding Balance
Fleet Operations
The Fleet is made up of
Comment	Details not made available

Officer

Offices	Offices
Type of Premises
Comment	Details not made available

Branch Information - No Information on Record

Management Overview

Organisational Chart - No Information on Record

Note: One level up and all levels down

Company Structure (Ownership)

Holding	Company	Sub	Comment
100%%	Reckitt Benckiser Group PLC		Reckitt Benckiser is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Website www.rb.com

Key Deals - No Information on Record

Trade References

Trade Reference nr	Supplier	Contact	Surety Value	Notarial Bonds	Comment
1					Trade References were not made available

Trade References Detail

Nr	Age of Acc	Credit Limit	Max Credit	Terms	Average Purchases	Terms Taken	Comment
1

Adverse Information on Subject

Judgements - No information on record

BusinessRescue - No Information on Record

Default Listing - No information on record

Notarial Bonds - No information on record

Bank Information - No Information on Record

Bank Code History - No Information on Record

Previous Bank Account Information - No Information on Record

Deeds Information - No information on record

Financial Estimates

Current Turnover per annum
Comment	The Balance Sheet of the Holding Company , Reckitt Benckiser Group PLC

Please note the following:
Turnover and assets less than R 1,000,000.00	The subject falls within the National Credit Act
Turnover and assets less than R 2,000,000.00	The subject falls within the Consumer Protection Act

Principal

Number of Principals	4
Average Age of Active Principals	46
Active Principals Principal - 1 of 4 FRANCESCO FATTORI
Surname	FATTORI
First Name	FRANCESCO
Other Names
Marital Status
ID Number	AA4544694
Verified ID Number	No
Current Age	43
Designation	BUSINESSMAN
Status	Active
Appointment Date	2010/11/01
Physical Address (at time of Appointment)	8 JET PARK ROAD, ELANDSFONTEIN, 1601
Postal Address	P O BOX 164, ISANDO, ISANDO, 1600
Current Tel Number	0118711650
Cell number	0823849477
Shareholding/Membership	0.0000

Principal's Adverse - No information on record

Business Information for FRANCESCO FATTORI

Principal Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RECKITT

BENCKISER SOUTH AFRICA (PTY)LTD

M1970/014554/07

In Business

41 Years 8 Months

PAOLO BORGHESI

Surname	BORGHESI
First Name	PAOLO
Other Names
Marital Status
ID Number	670920
Verified ID Number	No
Current Age	45
Designation	BUSINESSMAN
Status	Active
Appointment Date	2010/06/01
Physical Address (at time of Appointment)	GATE 4 ROUND ABOUT 6, GAC COMPOUND, JEBEL ALI, DUBAI UAE, 0001
Postal Address	P O BOX 164, ISANDO, 1600
Current Tel Number
Cell number
Shareholding/Membership	0.0000

Principal's Adverse - No information on record

Business Information for PAOLO BORGHESI

Principal Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RECKITT BENCKISER PHARMACEUTICAL S (PTY)LTD

1943/016101/07

In Business

69 Years 1 Months

RECKITT

BENCKISER SOUTH AFRICA (PTY)LTD

M1970/014554/07

In Business

41 Years 8 Months

Principal Previous Business Interests

Principal Deeds Information Property Interests for PAOLO BORGHESI

EUNICE MOGOTLOANE

Surname	MOGOTLOANE
First Name	EUNICE
Other Names
Marital Status
ID Number	6707020247080
Verified ID Number	Yes
Current Age	45
Designation	BUSINESSPERSON
Status	Active
Appointment Date	2009/12/01
Physical Address (at time of Appointment)	610 FREEDMANN AVENUE, PRETORIA, GAUTENG, 0181
Postal Address	PO BOX 40338, MORELETA PARK, GAUTENG, 0044
Current Tel Number	0112563700
Cell number	0829093869
Shareholding/Membership	0.0000

Principal's Adverse - No information on record

Business Information for EUNICE MOGOTLOANE

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
DZIMPHO HEALTH CC	2005/075107/23	Conversion CO/CC or CC/CO	7 Years 1 Months	0	No
NEONAL SHOE BOUTIQUE CC	B2011/086746/23	In Business	1 Years 1 Months	0	No
FAMILY MEDICALS INVESTMENTS (PTY)LTD	K2012/006775/07	In Business	6 Months	0	No
NEONAL HEALTHCARE (PTY)LTD	K2012/094524/07	In Business	2 Months	0	No
PHARMAWAYS HEALTHCARE (PTY)LTD	K2012/094656/07	In Business	2 Months	0	No
RECKITT BENCKISER SOUTH AFRICA (PTY)LTD	M1970/014554/07	In Business	41 Years 8 Months	0	No

Principal Previous Business Interests

Average Age of Previous Business 8 Years

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
AKANANI-MITIYA TRADING CC	2002/054503/23	Deregistration Final	10 Years	0	No
TIMBEU INVESTMENTS (PTY)LTD	2006/011865/07	Deregistration Final	6 Years 3 Months	0	No

Principal Deeds Information

Property Interests for KARUNANITHEE M KARUNANITHEE MURUGAN

Title Deed No.	T8269/2002	Erf/Site No.
Deeds Office	PRETORIA	Physical Address	1 BERRY MORELETAPARK PRETORIA
Property Type	Freehold / Ervin	Extent / Size	1026.0SQM
Purchase Date	2001/11/25	Purchase price
% Ownership	0.00	Bond Holder	ABSA BANK LTD
Bond Number	B54162002	Bond Amount
Comment

Property Interests for EUNICE MOGOTLOANE

Title Deed No.	T10711/2010	Erf/Site No.
Deeds Office	PRETORIA	Physical Address	MOOIKLOOF HEIGHTS CITY OF TSHWANE RURAL
Property Type	Farms	Extent / Size	8645.0SQM
Purchase Date	2009/10/01	Purchase price
% Ownership	0.00	Bond Holder	ABSA BANK LTD
Bond Number	B78042010	Bond Amount
Comment

Principal - 4 of 4 KARUNANITHEE M KARUNANITHEE MURUGAN

Surname	KARUNANITHEE MURUGAN
First Name	KARUNANITHEE M
Other Names
Marital Status
ID Number	5910215180055
Verified ID Number	No
Current Age	53
Designation
Status	Active
Appointment Date	2009/05/01
Physical Address (at time of Appointment)	26 HARRY VAN WYK AVENUE, NORKEM PARK, 1618
Postal Address	P O BOX 164, ISANDO, 1600
Current Tel Number	0113734102
Cell number	0834086994
Shareholding/Membership	0.0000

Business Information for KARUNANITHEE M KARUNANITHEE MURUGAN

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
RECKITT BENCKISER PHARMACEUTICAL S (PTY)LTD	1943/016101/07	In Business	69 Years 1 Months	0	No
BITS PIECES	5910215180055		Unknown	0	No
RECKITT BENCKISER HEALTHCARE (SOUTH AFRICA) (PTY)LTD	M1969/018402/07	In Business	42 Years 7 Months	0	No
RECKITT BENCKISER SOUTH AFRICA (PTY)LTD	M1970/014554/07	In Business	41 Years 8 Months	0	No

Principal Previous Business Interests

Average Age of Previous Business 10 Years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PFUKANI

MANUFACTURING (PTY)LTD

2001/011303/07

Deregistration Final

11 Years 2 Months

DOUBLE OPTION TRADING 28 (PTY)LTD

2002/027660/07

Deregistration Final

9 Years 8 Months

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.95
UK Pound	1	Rs.86.56
Euro	1	Rs.67.95

INFORMATION DETAILS

Report Prepared by :

PRL

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.

Registered Name	RECKITT BENCKISER SOUTH AFRICA (PTY)LTD
Trading as/ Division Name	RB
Previous Name	None
Date of Name Change
Registration Number	M1970/014554/07
Registration Date	1970/11/02
Date Commenced Trading	November 1970
Age of Business	41 Years 8 Months
History of Business	The business was registered in November 1970 and operations commenced immediately.
History of Principals	Unavailable
Shareholders/Members/Partners of subject and % holding	Reckitt Benckiser Group PLC - 100%
Authorised Share Capital	R 100.00
Issued Share Capital/Members Contribution	R 100.00
Status	In Business
Operations Assessment	the company operates as a distributor of household,personal care and healthcare products.Brand names includes Finish, Vanish, Durex, Dettol, Lysol, Harpic, Mortein, Gaviscon, Scholl and Veet
Industry/ Customers	Retail stores and Wholesalers
Export	Import,Export
Major Industry Code / SICC	61394
Definition of Code	Wholesale trade in pharmaceuticals, toiletries and medical equipment
Head Office Physical Address	8 JET PARK ROAD, ELANDSFONTEIN, 14068
Head Office Postal Address	P O BOX 164, ISANDO, 1600
Current Tel Number	011 871 1611
Cell Number	Unavailable
Current Fax Number	011 871 1797
Current Email Address	za.care1@reckittbenckiser.com
Web Site Address	www.reckittbenckiser.com
Comments

MIRA INFORM REPORT

Summary

Company information

Auditors information

Previous Auditors

Tax Information

Company Structure

Trade References Detail

Financial Estimates

Unit