May 14th, 2009

Approved by SHFE, NORANDA Brand copper cathode, produced by Xstrata Copper Canada, has been registered for SHFE copper delivery.

Company: Xstrata Canada Corporation - Xstrata Copper Canada Division

Refinery: CCR Refinery（Canada）

(220 Avenue Durocher, Montreal East, Quebec, Canada)

Product: Copper Cathode (Cu-CATH-1)

Registered brand: NORANDA

Brand Logo:（see picture below）

External Size: 937*949*14 mm

Weight per piece: Approximately 85 kg

Weight per bundle: Approximately 3100 kg

Bundles per lot（25 tons/lot）: 8

Packing materials: Secured with 2 steel straps oriented in one dimension.

Hereby notify the above.