MIRA INFORM REPORT

Report Date :

08.03.2013

IDENTIFICATION DETAILS

Name :	SUPERGOLD TRADING 022 CC

Registered Office :	265 Jacobs Road, Jacobs, Durban, 4026

Country :	South Africa

Date of Incorporation :	06.11.2003

Com. Reg. No.:	B2003/095637/23

Legal Form :	Closed Corporation

Line of Business :	---

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING

STATUS

PROPOSED CREDIT LINE

26-40

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 – June 30^th, 2012

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

South Africa

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

South Africa - ECONOMIC OVERVIEW

south Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; a stock exchange that is the 18th largest in the world; and modern infrastructure supporting a relatively efficient distribution of goods to major urban centers throughout the region. Growth was robust from 2004 to 2007 as South Africa reaped the benefits of macroeconomic stability and a global commodities boom but began to slow in the second half of 2007 due to an electricity crisis and the subsequent global financial crisis' impact on commodity prices and demand. GDP fell nearly 2% in 2009 but recovered in 2010-11. Unemployment remains high and outdated infrastructure has constrained growth. State power supplier Eskom encountered problems with aging plants and meeting electricity demand necessitating "load-shedding" cuts in 2007 and 2008 to residents and businesses in the major cities. Daunting economic problems remain from the apartheid era - especially poverty, lack of economic empowerment among the disadvantaged groups, and a shortage of public transportation. South Africa''s economic policy is fiscally conservative focusing on controlling inflation and attaining a budget surplus. The current government largely follows these prudent policies but must contend with the impact of the global crisis and is facing growing pressure from special interest groups to use state-owned enterprises to deliver basic services to low-income areas and to increase job growth.

Source : CIA

Subject Name	SUPERRGOLD TRADING 022 CC
Country	South Africa
Enquiry Terms	COD
Account Review	Recommended Ever 3 Months
Subject Contact Person	ANOOP MADAREE - 0314657762 - 0839602034
Assessment	This appears to be a well-established business. On investigation contact was made with ANOOP MADAREE the managing director of the subject who declined to assist with any information. MR. MADAREE requested that we contact him at a later time. Numerous attempts were made to establish contact with the subject once more which proved to be unsuccessful. Please see the available information on the subject below.

Auditors information

Company Registered Name	SUNIL PRAMPATH
Physical Address	SUITE 13, THIRD FLOOR, ONE VICTORIA EMBANKMENT, DURBAN, 4001
Postal Address	P 0 BOX 2026, STANGER, 4450
Practice Number	7969
No of years in Business	Unknown

Previous Auditors Information - No Information on Record

Tax information

Vat Number	4360218012
Status	ACTIVE
Vat Liable Date	2005/01/01
Tax Number	9089950159
Tax Clearance Expire Date
Financial Year End	February
Comment

Black Economic Empowerment Information - No Information on Record

ISO Information - No Information on Record

Work Mans Information - No Information on Record

Company Structure

Subsidiaries Information - No Information on Record

Employees Information - No Information on Record

Company Fleet Information - No Information on Record

Offices Information- No Information on Record

Branch information - No Information on Record

Management Overview

Organisation Chart

Level	Position	Name	Comment

1	AAANAGING MEMBER	ANOOP MADAREE

Company Structure (Ownership)

Note: One level up and all levels down

Holding	Company	Sub	Comment
100 % - ANOOP MADAREE	SUPERGOLD TRADING CC

Key deals - No Information on Record

Trade references information - No Information on Record

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 Informat ion - No Information on Record

Deeds Information - No information on record

Principals

Number of Principals	1
Average Age of Active Principals	52
Active Principals Principal - 1of 1 ANOOP MADAREE
Surname	MADAREE
First Name	ANOOP
Other Names	None
Marital Status	Married
ID Number	6110245155081
Verified ID Number	Yes
Current Age	52
Designation	Managing Member
Status	Active
Appointment Date	2003/11/06
Physical Address (at time of Appointment)	31 PHI LAME RE AVENUE, GLENMORE, 4001
Postal Address	P 0 BOX 13123, 4026
Current Tel Number	0314657762
Cell number	0839602034
Shareholding/Membership	100%

Principal's Adverse - No information on record

Business Information forANOOP MADAREE

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
SUPERGOLD TRADING 022 CC	B2003/095637/23	In Business	10 Years 10 Months	0	No
FIERY GOLD INVESTMENTS (PTY) LTD	K2011/131559/07	In Business	2 Years 2 Months	0	No

Principal previous Business Interests

Average Age of Previous Business

18 years

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
ZEE PACKAGING CC	B2003/057692/23	Deregistration Final	10 Years 10 Months	0	No
SEA-BOUND PROPERTIES (PTY)LTD	M1974/001410/07	In Business	39 Years 3 Months	0	No
A AND A TEXTILES (PTY) LTD	M1994/003736/07	In Business	19 Years 7 Months	4	No
UNIVERSAL PULSE TRADING 59 (PTY)LTD	M2006/021901/07	In Business	7 Years 7 Months	0	No

Principal's Deeds Information - No information on record

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.73
UK Pound	1	Rs.82.14
Euro	1	Rs.71.12

INFORMATION DETAILS

Report Prepared by :

NLM

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	SUPERGOLD TRADING 022 CC
Trading as/ Division Name	ZEE PAP
Previous Name	None
Registration Number	B2003/095637/23
Registration Date	2003/11/06
Date Commenced Trading	2003-11-06
Age of Business	9 Years 3 Months
History of Business	The subject was established as a new business in 2003.
History of Principals	There is 1 active member within the business
Shareholders/Members/Partners of subject and % holding	100 % - ANOOP MADAREE
Authorised Share Capital	R1000.00
Issued Share Capital/Members Contribution	R 100.00
Status	In Business
Operations Assessment	Unavailable
Industry/ Customers	Unavailable
Export	Unknown
Import	Unknown
Major Industry Code / SICC	9000
Definition of Code	Other activities not adequately defined.
Head Office Physical Address	265 JACOBS ROAD, JACOBS, DURBAN, 4026
Head Office Postal Address	P 0 BOX 49061, EAST END, 4018
Current Tel Number	0314657762
Cell Number	0839602034
Comments	SUITE 13, THIRD FLOOR, ONE VICTORIA EMBANKMENT, DURBAN, 4001 - Is the registered address of the auditor, the managing member requested that all dealings go through the auditor.