To: Corporación Nacional del Cobre de Chile’s (CODELCO)

CC: All SHFE members and designated warehouses(Copper)

July , 2012

Applications for Registration and related documents from your company are duly received. In accordance with relevant regulations，specifically Non-ferrous Metal Delivery Product Registration Rules of the Shanghai Futures Exchange, the RT brand copper cathode of your company complies with all specifications as prescribed in the Copper Contract of the Exchange after our inspection and audit on registration.

You are hereby notified of the following:

I. Your application for registration of the RT brand copper cathode at the Exchange has been approved.

II. From the date of this approval, the above brand can be used for physical delivery of the Exchange’s Copper Contract. Relevant product descriptions are as below:

Registered Company: Corporación Nacional del Cobre de Chile’s (CODELCO)

Refinery Address: Radomiro Tomic Division

（Avenida Central Sur 1990. Villa Ayquina. Calama. II Region.）

Product: Grade A (Cu-CATH-1)

Registered Brand: RT

Brand Logo: (see the picture)

Dimension: 1050*1000*9-11 mm

Weight per piece: approx. 38 Kg

Weight per bundle: approx. 2270 Kg

Bundles per lot（25tons/lot）: 11

Packing materials：Secured with 3 anti-corrosion steel straps oriented in single dimension.