August 14, 2012

Henan Kim Lee Gold and Lead Co., Ltd.,

We’re in receipt of your company's Application for Modification of Registered Company Name and informed of the approval on modification of your company name by local industrial and commercial administration authority. In accordance with relevant regulations, specifically Administrative Regulations of Shanghai Futures Exchange on Registration of Precious Metals for Delivery, your company’s application complies with all regulations prescribed by the Exchange. Upon our consideration, you are hereby notified of the following:

Your company was granted the permission to modify the company name of Jiyuan Kim Lee Smelting Co., Ltd. formerly registered with the Exchange into Henan Kim Lee Gold and Lead Co.Ltd.