TO: THE SINOTRANS EASTERN COMPANY LIMITED

FILING SERIAL: SQPF[2013] NO. 9

This is an official response to your application for a silver futures storage increase, as titled the Application for Silver Futures Storage Increase at the Warehousing Facilities at No. 865 Hongjing Road, Shanghai, and with respect to the Certified Delivery Warehouse Regulations of the Shanghai Futures Exchange, we approve of the rise in your silver storage for futures delivery at the warehousing facilities located at No. 865 Hongjing Road, Shanghai, from 800 tons to 1000 tons.

Since the date of this document’s issuance, you shall operate physical delivery business under the new storage structure as abovementioned.