MIRA INFORM REPORT

Report Date :

28.05.2012

IDENTIFICATION DETAILS

Name :	ASTER INFRASTRUCTURE SERVICES LIMITED

Registered Office :	193, Near Naderia High School, Karte Parwan, Kabul

Country :	Afghanistan

Date of Incorporation :	02.05.2004

Com. Reg. No.:	Not Available

Legal Form :	Foreign Company

Line of Business :	Provider of solutions in Telecom and associated fields

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	Unknown

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)

Afghanistan

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

Contact details

Name of Company: Aster Infrastructure Services Limited

Company acronym: AISL

Headquarter Address: 193, Near Naderia High School,
Karte Parwan, Kabul,
Afghanistan

Tel: +93 777 12860 / +93 70010741/ +93 777127887

E-mail: info@asterinfra.com / madhu@atspl.com

Website: www.aster-af.com/

Reg Details

Legal Form: FOREIGN COMPANY

Legal Address:              193, Near Naderia High School,
                                   Karte Parwan, Kabul,
                                   Afghanistan

License No: I-10297

Registration Date: 02/05/2004

Capital: 12,000,000.00 AFN

Registration: Kabul

Shareholders

Parent Co:

Aster Private Limited

E-67, 4^th Crescent Road, Sainikpuri,
Hyderabad, India - 500 094

Tel : +91 (0) 40 2711 1199
Fax: +91 (0) 40 2711 0535

Activation

Provider of solutions in Telecom and associated fields.

Branches

House No. 71/8, Street No. 2, beside Daramsala Kart-E-Parwan, Kabul, Afghanistan

Directors

- Mr. Ameen Thamer –Executive Director

( Nationality: Afghani- Place of his birth: Afghanistan- Age: 45)

- Mr. Zuhair Alshagra – Director

( Nationality: Afghani- Place of his birth: Afghanistan- Age: 48)

- Mr. Bilal Mahdi- Director

( Nationality: Afghani- Place of his birth: Afghanistan- Age: 45

Import & Export

Import from: India

Import term: L/C

Affiliates

Aster Private Limited

LOB - 6G/19, PO BOX No: 42800, Hamriyah Free Zone

Sharjah

- 42800

United Arab Emirates

Interviews

- In the interview with Mr. Bilal Mahdi - Director, he refused to cooperate with us.

- Note: the address which you provided is the branch address of the company.

Local Reputation:

The company being investigated is considered by local reporters to be a Medium

Trade Risk and to be fair.

Owner/Shareholders Comments:

All of the owners / shareholders have an active participation in the running of the business.

Age of Business: Old business

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.73
UK Pound	1	Rs.87.26
Euro	1	Rs.69.89

INFORMATION DETAILS

Report Prepared by :

MNL

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.