MIRA INFORM REPORT

Report Date :

11.11.2013

IDENTIFICATION DETAILS

Name :	ACKERMANS LTD
Registered Office :	Production St, Kuils River, 7580
Country :	South Africa
Date of Incorporation :	04.05.1921
Com. Reg. No.:	M1921/002170/06
Legal Form :	Limited Company
Line of Business :	Retail trade in clothing
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B

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, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
South Africa	A2	A2

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 and a stock exchange that is the 15th largest in the world. Even though the country possesses modern infrastructure that support a relatively efficient distribution of goods to major urban centers throughout the region, some components retard growth. The economy began to slow in the second half of 2007 due to an electricity crisis. 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. Subsequently, the global financial crisis reduced commodity prices and world demand. GDP fell nearly 2% in 2009 but has recovered since then. Unemployment, poverty, and inequality remain a challenge, with official unemployment at nearly 25% of the work force. Eskom has built two new power stations and installed new power demand management programs to improve power grid reliability. South Africa's economic policy has focused on controlling inflation, however, the country has had significant budget deficits that restrict its ability to deal with pressing economic problems. The current government faces 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	ACKERMANS LTD
Country	South Africa
Subject Contact Person	FRANSWA HAMERS -Accountant
Assessment	This is a well-established and well -connected business. On investigation we made contact with FRANSWA HAMERS the accountant who requested the questionnaire to be sent for completion. We have followed up on numerous occasions, he however requested more time to complete the questionnaire. Please see the available information on the subject below.

Company information

Registered Name	ACKERMANS LTD
Trading as/ Division Name	ACKERMANS
Previous Name	None
Date of Name Change	None
Registration Number	M1921/002170/06
Registration Date	1921/05/04
Date Commenced Trading	1921-05-04
Age of Business	91 Years 4 Months
History of Business	The subject started as a new business in 1921
History of Principals	There currently 5 active directors within the company.
Shareholders/Members/Partners of subject and % holding	Unavailable
Authorised Share Capital	R0.00
Issued Share Capital/Members Contribution	R0.00
Status	In Business
Operations Assessment	Retail trade in clothing
Industry/ Customers	The general public
Export	Unknown
Import	Unknown
Major Industry Code / SICC	6232
Head Office Physical Address	PRODUCTION ST, KUILS RIVER, 7580
Head Office Postal Address	PO BOX 78, KUILSRIVIER, CAPE TOWN, 7580
Current Tel Number	0219001000
Cell Number	Unavailable
Current Fax Number	0219036028
Current Email Address	fhamer@ackermans.co.za
Web Site Address	www.ackermans.co.za
Comments

Auditors Information

Company Registered Name	PRICEWATERHOUSECOOPERS INC
Trading Name	PRICEWATERHOUSECOOPERS
Registration Number	M1998/012055/21
Physical Address	1 Water House Place, Century City, CAPE TOWN
Postal Address	PO Box 2799, CAPETOWN, 8000
Contact Person	AAAANDA
Contact Number	0215292000
Email	amanda.engelbreight®.za.pwc.com
Principals	1
Judgements Against Subject	None On Record
Judgements Against Principals	None On Record
Subject Verified as Client	Yes
Practice Number	906670
VAT Number	4950174682
Tax Number	9343032844
BEE Status	Unavailable
Financial Year End	June
No of years in Business	3 Years
Website	www.pwc.co.za
Comment

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

Tax Information

PRICE WATERHOUSE COOPER		14
Vat Number	4140254626
Status	ACTIVE
Vat Liable Date
Tax Number	9370415029
Tax Clearance Expire Date
Financial Year End	June
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 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

Organisational Chart - No Information on Record

Company Structure Information - No Information on Record

Note: One level up and all levels down

Key Deals - No Information on Record

Trade References Information - No Information on Record

Adverse Information on Subject

BusinessRescue - No Information on Record

Judgements - 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

Property Interests for CompanyACKERMANS LTD

Title Deed No.	T107917/2001	Erf/Site No.
Deeds Office	PRETORIA	Physical Address
Property Type	Freehold / Ervin	Extent / Size	2.3664H
Purchase Date	2001/06/19	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment

Principals

Number of Principals	5
Average Age of Active Principals	49
Active Principals Principal - 1of 5 CHARL CRONJE
Surname	CRONJE
First Name	CHARL
Other Names
Marital Status	Married
ID Number	6001185065002
Verified ID Number	Yes
Current Age	52
Designation	Director
Status	Active
Appointment Date	1999/07/01
Physical Address (at time of Appointment)	41 DE VILLIERS AVENUE, VALMARY PARK, 7550
Postal Address	P 0 BOX 6100, PAROW EAST, 7501
Current Tel Number	0219001079
Cell number	0847076280
Shareholding/Membership	0.0000

Adverse Information forCHARLCRONJE

Principal Judgement

Number of Judgements	0
Principal Debt Review
Debt review	No Information on Record
Other
Default data	No Information on Record

Business Information forCHARL CRONJE

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
CHEEFPROPS 1047 CC	B1996/038845/23	Conversion CO/CC or CC/CO	16 Years 4 Months	0	No
ACKERMANS LTD	M1921/002170/06	In Business	91 Years 7 Months	0	No
PEPKOR RETAIL LIMITED LTD	M1986/003435/06	In Business	26 Years 2 Months	0	No
PEPKOR SA LTD	M1990/003289/06	In Business	22 Years 10 Months	0	No
JUST KOR FASHION GROUP (PTY)LTD	M2006/015570/07	In Business	6 Years 6 Months	0	No

Average Age of Previous Business

28 Years

Principal Previous Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
ACKERMANS MANAGEMENT SERVICES (PTY)LTD	M1984/010534/07	In Business	28 Years 4 Months	0	No

Principal Deeds Information Property Interests forCHARL CRONJE

Title Deed No.	Erf/Site No.
Deeds Office	Physical Address
Property Type	Extent / Size
Purchase Date	Purchase price
% Ownership	Bond Holder
Bond Number	Bond Amount
Comment

Principal - 2of 5 MICHAEL BARTENS

Surname	BARTENS
First Name	MICHAEL
Other Names
Marital Status	Married
ID Number	5806105144088
Verified ID Number	Yes
Current Age	54
Designation	Director
Status	Active
Appointment Date	1994/05/30
Physical Address (at time of Appointment)	26 HANEPOOT CRESCENT, SONSTRAAL HEIGHTS, DURBANVILLE, 7550
Postal Address	P 0 BOX 6100, PAROW EAST, 7501
Current Tel Number	0219764239
Cell number	6555013013
Shareholding/Membership	0.0000

Adverse Information forMICHAEL BARTENS

Principal Judgement

Number of Judgements	0
Principal Debt Review
Debt review	No Information on Record
Other
Default data	No Information on Record

Business Information forMICHAEL BARTENS

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
ASTRADEALS172 CC	B2006/180421/23	In Business	6 Years 6 Months	3	No
ACKERMANS LTD	M1921/002170/06	In Business	91 Years 7 Months	0	No
PEPKOR RETAIL LIMITED LTD	M1986/003435/06	In Business	26 Years 2 Months	0	No
PEPKOR SA LTD	M1990/003289/06	In Business	22 Years 10 Months	0	No

Average Age of Previous Business 17 Years

Principal Previous Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
LEZMIN 1479 CC	B2002/023773/23	Deregistration Final	10 Years 10 Months	4	No
ACKERMANS MANAGEMENT SERVICES (PTY)LTD	M1984/010534/07	In Business	28 Years 4 Months	0	No
WALANT FINANCING (PTY) LTD	M1997/001229/07	Deregistration Final	15 Years 3 Months	0	No

Principal Deeds Information Property Interests forMICHAEL BARTENS

Title Deed No.	T22943/2006	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	5 CONTOUR EASTCLIFF HERMANUS
Property Type	Freehold / Ervin	Extent / Size	2377.0SQM
Purchase Date	2005/10/12	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment
Title Deed No.	T3887/2011	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	8 BAY VIEW TAMBOERSKLOOF CAPE TOWN
Property Type	Freehold / Ervin	Extent / Size	754.0SQM
Purchase Date	2010/11/02	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment

Principal - 3of 5 RIAAN HANEKOM

Surname	HANEKOM
First Name	RIAAN
Other Names
Marital Status	Married
ID Number	6911055023081
Verified ID Number	Yes
Current Age	43
Designation	Director
Status	Active
Appointment Date	2009/06/17
Physical Address (at time of Appointment)	13 GEELBOS STREET, PROTEA VALLEY, 7560
Postal Address	P O BOX 6100, PAROW EAST, PAROW EAST, 7501
Current Tel Number	0214072427
Cell number	0834114534
Shareholding/Membership	0.0000

Principal Judgement

Number of Judgements	0
Principal Debt Review
Debt review	No Information on Record
Other
Default data	No Information on Record

Business Information forRIAAN HANEKOM

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
ACKERMANS LTD	M1921/002170/06	In Business	91 Years 7 Months	0	No
ACKERMANS (TRANSVAAL) LTD	M1926/008492/06	In Business	86 Years 2 Months	0	No
TOTS N TEENS CLOTHING (PTY) LTD	M1981/003196/07	In Business	31 Years 7 Months	0	No
ACKERMANS MANAGEMENT SERVICES (PTY)LTD	M1984/010534/07	In Business	28 Years 4 Months	0	No
PEPKOR RETAIL LIMITED LTD	M1986/003435/06	In Business	26 Years 2 Months	0	No
ACKERMANS (TRANSKEI) (PTY) LTD	M1990/060196/07	In Business	22 Years 10 Months	0	No
ACKERMANS (BOPHUTHATSWAN A) (PTY)LTD	M1991/070355/07	In Business	21 Years 9 Months	0	No
JUST KOR FASHION GROUP (PTY)LTD	M2006/015570/07	In Business	6 Years 6 Months	0	No

Principal Previous Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

Principal Deeds Information

Average Age of Previous Business

Title Deed No.	T61329/1997	Erf/Site No.	0
Deeds Office	CAPE TOWN	Physical Address	13 GEELBOS PROTEAVALLEI BELLVILLE
Property Type	Freehold / Ervin	Extent / Size	887SQM
Purchase Date	1997/02/26	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment

Principal - 4of 5

PIETER JOHANN ERASMUS

Surname	ERASMUS
First Name	PIETER JOHANN
Other Names
Marital Status	Married
ID Number	6510025150089
Verified ID Number	Yes
Current Age	47
Designation	Director
Status	Active
Appointment Date	2001/11/15
Physical Address (at time of Appointment)	8 HOHENHORT AVENUE, CONSTANTIA, 7600
Postal Address	P O BOX 6100, PAROW EAST, PAROW EAST, 7501
Current Tel Number	0219001000
Cell number
Shareholding/Membership	0.0000

Principal Judgement

Number of Judgements	0
Principal Debt Review
Debt review	No Information on Record
Other
Default data	No Information on Record

Business Information forPIETER JOHANN ERASMUS

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
GROCEHOLD (PTY) LTD	1990/003289/07	In Business	22 Years 10 Months	0	No
PEPKORFIN (PTY) LTD	M1980/003231/07	In Business	32 Years 8 Months	0	No
CAPFIN (PTY)LTD	M1980/005783/07	In Business	32 Years 8 Months	0	No
PEP FINANCE (PTY) LTD	M1983/010915/07	In Business	29 Years 5 Months	0	No
JOFANDER (PTY) LTD	M1984/002078/07	In Business	28 Years 4 Months	0	No
TULIP INVESTMENTS 2 (PTY) LTD	M1984/009235/07	In Business	28 Years 4 Months	0	No
ROTRUSTFIN (PTY) LTD	M1984/009246/07	In Business	28 Years 4 Months	0	No
U-SAC (PTY)LTD	M1984/009342/07	In Business	28 Years 4 Months	0	No
PEP VERVAARDIGING (PTY) LTD	M1985/005679/07	In Business	27 Years 3 Months	0	No
WMTWEE (PTY) LTD	M1986/000789/07	In Business	26 Years 2 Months	0	No
CASH-HOLD LTD	M1986/001922/06	In Business	26 Years 2 Months	0	No
PEPKOR RETAIL LIMITED LTD	M1986/003435/06	In Business	26 Years 2 Months	0	No
GARLICK DEPARTMENT STORES (PTY)LTD	M1988/004196/07	In Business	0	0	No
GARLICK HOLDINGS (PTY) LTD	M1988/005200/07	In Business	0	0	No
GARHOLD (PTY) LTD	M1990/003284/07	In Business	22 Years 10 Months	0	No
SHOE CITY (PTY) LTD	M1995/010615/07	In Business	17 Years 5 Months	0	No
SHOE CITY HOLDINGS (PTY) LTD	M1996/008674/07	In Business	16 Years 4 Months	0	No
KLEE INVESTMENTS (PTY) LTD	M1997/018029/07	In Business	15 Years 3 Months	0	No
SWANVEST 85 (PTY) LTD	M1998/004099/07	In Business	14 Years 2 Months	0	No
DUNNS STORES (PTY) LTD	M1998/007991/07	In Business	14 Years 2 Months	0	No
MANROTRADE FOUR (PTY)LTD	M2001/004514/07	In Business	11 Years 11 Months	0	No
FUTURE CELL (PTY) LTD	M2001/020946/07	In Business	11 Years 11 Months	0	No
FORMATIX TEN (PTY) LTD	M2001/021137/07	In Business	11 Years 11 Months	0	No
PEPKOR HOLDINGS LTD	M2003/020009/06	In Business	9 Years 9 Months	0	No
PEPKOR IP (PTY) LTD	M2004/014533/07	In Business	8 Years 8 Months	0	No

Principal Previous Business Interests

Average Age of Previous Business 31 Years

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
JUDVEN CC	B1999/037548/23	Deregistration Final	13 Years 1 Months	1	No
PEPCLO LTD	M1953/001317/06	In Business	59 Years 11 Months	0	No
HALF PRICE STORES (SA) (PTY)LTD	M1958/000471/07	Deregistration Final	54 Years 6 Months	0	No
LEGAN INTERNATIONAL (PTY) LTD	M1965/008465/07	Deregistration Final	47 Years 11 Months	0	No
PEP BUYING (PTY)LTD	M1966/001606/07	Deregistration Final	46 Years 10 Months	0	No
PEP STORES (PTY)LTD	M1967/000501/07	Deregistration Final	45 Years 9 Months	0	No
PEP STORES PENINSULA (PTY)LTD	M1969/002912/07	Deregistration Final	43 Years 7 Months	0	No
PEP STORES PENINSULA HOLDINGS LTD	M1973/012536/06	In Business	39 Years 3 Months	0	No
PRINTKOR (PTY)LTD	M1974/003641/07	In Business	38 Years 2 Months	0	No
PEP STORES (BOPHUTHATSWANA) LTD	M1978/070037/06	Deregistration Final	34 Years 10 Months	0	No
G E MANAGEMENT (PTY) LTD	M1981/007922/07	Deregistration Final	31 Years 7 Months	0	No
PEP STORES (KWAZULU) LTD	M1981/009541/06	Deregistration Final	31 Years 7 Months	0	No
PEPFIN (PTY)LTD	M1983/010967/07	Deregistration Final	29 Years 5 Months	0	No
PEP RETAIL (PTY)LTD	M1984/002042/07	In Business	28 Years 4 Months	0	No
ACKERMANS MANAGEMENT SERVICES (PTY)LTD	M1984/010534/07	In Business	28 Years 4 Months	0	No
PEPPROP (MITCHELL'S PLAIN) (PTY)LTD	M1985/000662/07	In Business	27 Years 3 Months	0	No
PEP STORES (QWA-QWA) LTD	M1985/005476/06	Deregistration Final	27 Years 3 Months	0	No
PEP STORES(VENDA) LTD	M1985/080083/06	Deregistration Final	27 Years 3 Months	0	No
PEP STORES (LEBOWA) (PTY) LTD	M1988/004760/07	Deregistration Final		0	No
PEP RETAIL (TRANSKEI) (PTY)LTD	M1988/060147/07	Deregistration Final		0	No
PEP REEF PROPERTIES (PTY) LTD	M1989/004910/07	In Business	23 Years 11 Months	0	No
PEP STORES (CISKEI) (PTY) LTD	M1989/091879/07	Deregistration Final	23 Years 11 Months	0	No

Principal Deeds Information

Property Interests forPIETER JOHANN ERASMUS

Title Deed No.	T16635/2010	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	3 HOLY KLEIN BRAK RIVER MOSSEL BAY RURAL
Property Type	Freehold / Ervin	Extent / Size	416.0SQM
Purchase Date	2010/01/07	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment
	Property Interests forPIETER JOHANN ERASMUS
Title Deed No.	T22101/2001	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	KLEIN BRAK RIVER MOSSEL BAY RURAL
Property Type	Freehold / Ervin	Extent / Size	444.0SQM
Purchase Date	2001/02/21	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment
Title Deed No.	T83693/2007	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	5 HOLY KLEIN BRAK RIVER MOSSEL BAY RURAL
Property Type	Freehold / Ervin	Extent / Size	416.0SQM
Purchase Date	2007/04/15	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment
	Property Interests forPIETER JOHANN ERASMUS
Title Deed No.	ST8867/2009	Erf/Site No.	173662,0
Deeds Office	CAPE TOWN	Physical Address	1 10TH ZONNEBLOEM CAPE TOWN
Property Type	Sectional Title / Unit	Extent / Size	608.0SQM
Purchase Date	2008/03/06	Purchase price
% Ownership	0.00	Bond Holder	FIRSTRAND BANK LTD
Bond Number	SB36932009	Bond Amount
Comment
	Property Interests forPIETER JOHANN ERASMUS
Title Deed No.	ST8867/2009	Erf/Site No.	173662,0
Deeds Office	CAPE TOWN	Physical Address	1 10TH ZONNEBLOEM CAPE TOWN
Property Type	Sectional Title / Unit	Extent / Size	1071.0SQM
Purchase Date	2008/03/06	Purchase price
% Ownership	0.00	Bond Holder	FIRSTRAND BANK LTD
Bond Number	SB36932009	Bond Amount
Comment
	Property Interests forPIETER JOHANN ERASMUS
Title Deed No.	T8649/2004	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	4 HOLY KLEIN BRAK RIVER MOSSEL BAY RURAL
Property Type	Freehold / Ervin	Extent / Size	430.0SQM
Purchase Date	2003/10/26	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment

Principal - 5of 5

JACOBUS DU TOIT

Surname	DU TOIT
First Name	JACOBUS
Other Names
Marital Status	Married
ID Number	6102055097081
Verified ID Number	Yes
Current Age	51
Designation	SAKEMAN
Status	Active
Appointment Date	2001/06/18
Physical Address (at time of Appointment)	7 ROOISUIKERKANT STREET, PRETEA VALLEY, BELLVILLE, 7530
Postal Address	PO BOX 6100, PAROWN EAST, 7501
Current Tel Number	0126430011
Cell number	0826683664
Shareholding/Membership	0.0000

Principal Judgement

Number of Judgements	1
Principal Debt Review
Debt review	No Information on Record
Other
Default data	No Information on Record

Business Information forJACOBUS DU TOIT

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
GROCEHOLD (PTY) LTD	1990/003289/07	In Business	22 Years 10 Months	0	No
PEPKOR AAANUFACTURING LTD	M1969/009505/06	In Business	43 Years 7 Months	0	No
JEMADE FINANCING (PTY) LTD	M1970/001929/07	In Business	42 Years 6 Months	0	No
PEP SA LTD	M1972/010710/06	In Business	40 Years 4 Months	0	No
NEW DUNNS (PTY) LTD	M1972/013426/07	In Business	40 Years 4 Months	0	No
ULTIMO HOLDINGS (PTY) LTD	M1980/000294/07	In Business	32 Years 8 Months	0	No
PEPKORFIN (PTY) LTD	M1980/003231/07	In Business	32 Years 8 Months	0	No
CAPFIN (PTY)LTD	M1980/005783/07	In Business	32 Years 8 Months	0	No
PEPGRO LTD	M1983/001066/06	In Business	29 Years 5 Months	0	No
TULIP INVESTMENTS 2 (PTY) LTD	M1984/009235/07	In Business	28 Years 4 Months	0	No
ROTRUSTFIN (PTY) LTD	M1984/009246/07	In Business	28 Years 4 Months	0	No
U-SAC (PTY)LTD	M1984/009342/07	In Business	28 Years 4 Months	0	No
CASH-HOLD LTD	M1986/001922/06	In Business	26 Years 2 Months	0	No
PEPKOR RETAIL LIMITED LTD	M1986/003435/06	In Business	26 Years 2 Months	0	No
GARLICK DEPARTMENT STORES (PTY)LTD	M1988/004196/07	In Business	0	0	No
GARLICK HOLDINGS (PTY) LTD	M1988/005200/07	In Business	0	0	No
GARHOLD (PTY) LTD	M1990/003284/07	In Business	22 Years 10 Months	0	No
SHOE CITY (PTY) LTD	M1995/010615/07	In Business	17 Years 5 Months	0	No
SHOE CITY HOLDINGS (PTY) LTD	M1996/008674/07	In Business	16 Years 4 Months	0	No
SWANVEST 85 (PTY) LTD	M1998/004099/07	In Business	14 Years 2 Months	0	No
DUNNS STORES (PTY) LTD	M1998/007991/07	In Business	14 Years 2 Months	0	No
AAANROTRADE FOUR (PTY)LTD	M2001/004514/07	In Business	11 Years 11 Months	0	No
FORMATIX TEN (PTY) LTD	M2001/021137/07	In Business	11 Years 11 Months	0	No
PEPKOR HOLDINGS LTD	M2003/020009/06	In Business	9 Years 9 Months	0	No
PEPKOR IP (PTY) LTD	M2004/014533/07	In Business	8 Years 8 Months	0	No

Average Age of Previous Business 28 Years

Principal Previous Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
TRADEGRO HOLDINGS LTD	M1921/006793/06	In Business	91 Years 7 Months	0	No
INTERHOLD LTD	M1938/010644/06	Deregistration Final	74 Years 2 Months	0	No
PEPKOR IT (PTY)LTD	M1946/022121/07	In Business	66 Years 6 Months	0	No
TIECORN (PTY)LTD	M1951/003172/07	Deregistration Final	61 Years 1 Months	2	No
GROTRUSTFIN (PTY) LTD	M1952/003123/07	Deregistration Final		0	No
LEON TRAUB INVESTMENTS (PTY) LTD	M1967/001805/07	Deregistration Final	45 Years 9 Months	0	No
GROCASH LTD	M1977/002046/06	Deregistration Final	35 Years 11 Months	0	No
SEPDU INVESTMENTS (PTY) LTD	M1979/002566/07	Deregistration Final	33 Years 9 Months	0	No
PORTHIGHFIN (PTY) LTD	M1980/007932/07	Deregistration Final	32 Years 8 Months	0	No
SUNDMAR (PTY)LTD	M1983/003706/07	Deregistration Final	29 Years 5 Months	0	No
SUNDEC (PTY)LTD	M1983/010415/07	Deregistration Final	29 Years 5 Months	0	No
TIECORN VIER (PTY) LTD	M1984/009224/07	Deregistration Final	28 Years 4 Months	0	No
GROTRUSTFIN TWEE (PTY) LTD	M1984/009225/07	Deregistration Final	28 Years 4 Months	0	No
ARKA HOLDINGS LTD	M1986/001385/06	Voluntary Liquidation	26 Years 2 Months	0	Yes
ARTHUR KAPLAN JEWELLERS (BOPHUTHATSWANA) (PTY) LTD	M1987/070329/07	Deregistration Final	25 Years 1 Months	0	No
FLICAPE (PTY)LTD	M1988/002826/07	In Business		0	No
TIECORN TWEE (PTY) LTD	M1988/006361/07	Deregistration Final		0	No
STUTTAFORDS STORES (PTY) LTD	M1998/002696/07	In Business	14 Years 2 Months	1	No
SWANVEST 93 (PTY) LTD	M1998/003866/07	Deregistration Final	14 Years 2 Months	0	No
SWANVEST 90 (PTY) LTD	M1998/003907/07	Deregistration Final	14 Years 2 Months	0	No
SWANVEST 92 (PTY) LTD	M1998/003921/07	Deregistration Final	14 Years 2 Months	0	No
SWANVEST 94 (PTY) LTD	M1998/003936/07	Deregistration Final	14 Years 2 Months	0	No
SWANVEST 89 (PTY) LTD	M1998/003943/07	Deregistration Final	14 Years 2 Months	0	No
SWANVEST 86 (PTY) LTD	M1998/004098/07	Deregistration Final	14 Years 2 Months	0	No
SWANVEST 87 (PTY) LTD	M1998/004100/07	Deregistration Final	14 Years 2 Months	0	No

Principal Deeds Information

Property Interests forJACOBUS DU TOIT

Title Deed No.	T33896/2000	Erf/Site No.
Deeds Office	CAPE TOWN	Physical Address	39 GLADIOLUS WELGEDACHT COUNTRY ESTATE BELLVILLE
Property Type	Freehold / Ervin	Extent / Size	1355.0SQM
Purchase Date	2000/03/07	Purchase price
% Ownership	0.00	Bond Holder
Bond Number		Bond Amount
Comment

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.73
UK Pound	1	Rs.100.92
Euro	1	Rs.84.06

INFORMATION DETAILS

Report Prepared by :

SDA

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.