December 5, 2011

Hunan Shui Kou Shan Nonferrous Metals Group Co., Ltd,

We have received your Application for Modification of Packaging of lead and the relevant documents. In accordance with relevant regulations，specifically Rules of Shanghai Futures Exchange for Registration of Nonferrous Metals for Futures Delivery, the new 250120L polyester strapping band adopted by your company complies with all specifications as prescribed in the standard lead futures contract of the Exchange after our on-site inspection and sampling inspection. Upon our consideration, you are hereby notified of the following:

I. The new 25*1.2mm polyester strapping band may be used in place of the original 30-32*0.9-1.0 mm rustproof steel band for packaging of SKS brand lead (Pb99.994).

II. The above SKS brand lead (Pb99.994) can be used for performance of futures delivery of the Exchange standard lead contract as of January 1, 2012. The SKS brand leads (Pb99.994) under the original specifications are prohibited from warehousing with new standard warrant prepared; and the established standard warrant can continue to be used for physical delivery.

Appendix: Current and New Packages of SKS Brand Lead (Pb99.994)