MIRA INFORM REPORT

Report Date :

04.03.2013

IDENTIFICATION DETAILS

Name :	LOUIS DREYFUS COMMODITIES B.V.

Registered Office :	Westblaak 92 3012KM Rotterdam

Country :	Netherlands

Financials (as on) :	31.12.2011

Date of Incorporation :	29.12.2004

Com. Reg. No.:	24371219

Legal Form :	Besloten Vennootschap

LINE OF BUSINESS :	AGENTS INVOLVED IN THE SALE OF AGRICULTURAL RAW MATERIALS, LIVE ANIMALS, TEXTILE RAW MATERIALS

No. of Employees :	1

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 – June 30^th, 2012

Country Name

Previous Rating

(31.03.2011)

Current Rating

(30.06.2012)

Netherlands

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

NETHERLANDS - ECONOMIC OVERVIEW

The Dutch economy is the fifth-largest economy in the euro-zone and is noted for its stable industrial relations, moderate unemployment and inflation, a sizable trade surplus, and an important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for the food-processing industry and for exports. The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. After 26 years of uninterrupted economic growth, the Dutch economy - highly dependent on an international financial sector and international trade - contracted by 3.5% in 2009 as a result of the global financial crisis. The Dutch financial sector suffered, due in part to the high exposure of some Dutch banks to U.S. mortgage-backed securities. In 2008, the government nationalized two banks and injected billions of dollars of capital into other financial institutions, to prevent further deterioration of a crucial sector. The government also sought to boost the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credit facilities. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE began implementing fiscal consolidation measures in early 2011, mainly reductions in expenditures, which resulted in an improved budget deficit of 3.8% of GDP

Source : CIA

CONTACTINFORMATION

Company name	Louis Dreyfus Commodities B.V.
Tradename	Louis Dreyfus Commodities B.V.
Address	Westblaak 92
	3012KM Rotterdam
	Netherlands
Mail address	Postbus 270
	3000AG Rotterdam
	Netherlands
Telephone number	0102062440
Telefax number	010 4130432
E-mail address	info@ldcommodities.com
Website	www.ldcommodities.com
VAT number / RSIN	813921594

COMPANY STRUCTURE

Shareholder Louis Dreyfus Commodities Activities of holding companies B.V. Westblaak 92 3012KM ROTTERDAM Netherlands

KvK: 24395804 Active since: 30-06-2006

Percentage: 100.00%

Louis Dreyfus Commodities Netherlands Holding B.V.

Westblaak 92 3012KM ROTTERDAM Netherlands

KvK: 56610327 Percentage: 100.00%

Ultimate parent company Louis Dreyfus Commodities Activities of holding companies B.V. Westblaak 92 3012KM ROTTERDAM

KvK: 24395804

Holding company Louis Dreyfus Commodities Netherlands Holding B.V.