GOLD Bullion SCO. FOB Swiss UBS docx PDF

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Transaction Code: Buyer Code: No.

BULLION GOLD SOFT CORPORATE OFFER (SCO) Date: TITLE: offered commodity above-described for sale are with good, clean title, free from any lien, mortgage, bill of sale or encumbrances of any nature. PROCEDURE FOR AU FROM SWITZERLAND DEAR Mr. WE CONFIRM THAT WE WILL SELL GOLD IN THE SAME QUANTITY AND CONDITIONS AS THOSE RECORDED ON THE FCO TERMS AND CONDITIONS 1 Commodity GOLD BULLION IN GLD SPECIFICATION BER FORM OF. WEIGHT: 12.5KG OR 1KG PER BAR. PURITY: 99.9% FINENESS OR BETTER 2 Hallmark 1.JM LONDON, 2. HAMMER, 3. UBS, 4. SWAN STAR, 5. THREE STARS 3 Age LESS AND OVER THAN FIVE (5) YEARS OLD 4 Discount GROSS TEN PERCENT (10%), NET SEVEN PERCENT (7%) TO THE BUYER. 5 Quantity ,000MT (TWENTY THOUSAND METRIC TONS), TOTAL AMOUNT 500MT (FIVE HUNDRED METERIC TONS) IN THE FIRST TRANCHE, 6 Tranche THEREAFTER 2,000MT (TWO THOUSAND METRIC TONS) WITH ROLLS AND Schedule EXTENSIONS UNTIL EXHAUST TOTAL QUANTITY PER BUYER REQUEST UBS-AG, ZURICH, SWITZERLAND 7 Price SECOND FIXING OF LBMA ON THE DAY OF IMPLEMENTATION 8 Location FOB UBS-AG, ZURICH, SWITZERLAND 9 Shipments & THE GOLD IS LIFTABLE. MOVEABLE, EXPORTABLE AFTER TITLE OWNERSHIP CHANGE TRANSFER ONLY AT UBS-AG, ZURICH, Delivery SWITZERLAND 10 Commissions TOTAL THREE PERCENT OF ONE POINT FIVE PERCENT (1.5%) SELLER SIDE CLOSED, ONE POINT FIVE PERCENT (1.5%) BUYER SIDE IN TRANSFER/CHANGE CLEAN AND CLEAR USD CURRENCY BY LEDGER TO 11 Payment LEDGER OR BANK TO BANK TRANSFER DOCUMENT If Buyer confirms the FCO and thinks there is no problem, please sign on the bottom Buyer's side of the FCO. Note: If the Buyer accepts FCO with the data, please signs and acknowledges that the material on the Gold Purchase Fund (Bank Comfort Letter) that provided to Seller's receiving Banks, the Shinhan Bank and BOA for the Seller’s confirmation. Documents to be submitted by the Deposit Bank with the approval of the Gold owner a) Certificate of origin b) Weight list c) Ownership certificate d) Issuance of certificates from SKR- UBS-AG, ZURICH, SWITZERLAND e) Gold Storage Certificate f) Hallmark certificate Bullion Officer to Bullion Officer Procedures as follows:

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Transaction Code: Buyer Code: No. 1. 2. 3.

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Seller issue Full Corporate Offer (FCO) to Buyer. After Receiving FCO, Buyer issue LOI (Letter of Intent) and Bank Confirmation Letter (BCL or Any Verified Funds by Buyer’s Bank). No More than 5 Days Old. Seller/Seller Mandate agree to Issue draft Sales and Purchase Agreement including the Seller’s Full Information, Attachment of Passport Copy Signed and Sealed. Buyer fill it with Buyer’s full Contents, Banking Information and Attachment of Passport Copy with Sign and Seal on Contract and Purchase Agreement as Acceptances of Terms and Conditions, Submit Draft Contract and Purchase Agreement for Seller’s Approval or Amended if any and Signed and Sealed NCNDA/IMFPA for Seller/Seller’s Mandate Acceptance. Within Five (5) Business Days of Signing the Sales and Purchase Agreement, Buyer Provide Verbiage RWA or MT760 or BG to be Filled with Buyer to Seller. After Confirmation of Seller for Verbiage of Payment Instruments by Seller, Buyer’s Bank send BCL and MT760 Block Funds of BG to Seller’s Bank by Bank SWIFT, and Buyer should Provide the Copy of it to Seller/Seller Mandate at the Same date by e-mail. If the Seller Mandate signs the SPA within five business days, the Seller's Bank, which has signed the Sales and Purchase Agreement for Sell writing and Lodge, will send a copy of the SKR and POP to Bank SWIFT. Blocked for buyers. 7. Pay the buyer's bank MT103 within 3 days. At the time of the Buyer's bank's payment, the Gold mine and ownership of the SKR are transferred to the buyer. Further Deliveries, the Procedure will be the same as Mentioned Above, Size and Frequency of Lifts to the Agreed Schedule of the both Parties.

THIS FCO IS VALID FOR 5 BUSINESS DAYS FROM DATE ISSUED. SINCERELY YOURS

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