LETTER OF INTENT FOR AU GOLD BARS

Date: 19/10/2011
To:M/s.T.CLARKE-PLC,LDA,
DEPINA 204,
GUINEA

Dear Sir,
Sub: AU GOLD BARS-Sending Letter of Intent.
Ref: No.TCL/SEC02/Au0034/2116Dt.16/2/2011.
We are pleased to inform you that we are placing our letter of intent for the purchase of 100M.T. of
Au Gold Bar in 1kg bar weight. We hereby agree all your terms and condition as per your reference
cited.

Details of the quotation / commodity:

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Commodity
Carats
Purity
Quantity
Origin
Price
Delivery
Payment
Discount

10. Gold Bar Weight

11. Agreement

AU Metal Gold Bar

24 Carats Plus
999.5%
100M.T.
GUINEA,CONARKY
2nd LONDON FIXES P.M.LBMA Per M.T.
Coimbatore,Tamilnadu, India
Bank to Bank
20% gross total.Breakingup given below
Discount: 10% to Buyer
5% to Buyer side intermediaries
5% to seller side mediators (closed)
1 kg Bar
ONLINE AGREEMENT BY
a) NC NDA
b) IMFPA
c) SPA

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17.

First Tranche
Agreement period
Hallmark
Make
Name of the Buyers
Bank and Place

2 M.T.
1Year
Internationally accepted Hall Mark
International Hall Mark
NIRANJANAAN GOLD TRADERS
PUNJAB NATIONAL BANK, Erode (D.T), India.

We thus confirm with corporate authority and we are ready and willing to buy 100MT of AU Gold
Bars and willing to enter into online agreement with seller in order to buy the AU Gold Bars and
hence hereby duly signed and accepted.
We herewith enclose the Bank letter for having in our Current Account a sum of Rs.500 (Rupees
Five Hundred) crores for the immediate Purchase of 2 M.T.of AU Gold

Signature of the Buyer

Thanks,
R.Varadharajan
C.S.Kasirajan
R.S.Ganesan
R.Kumar
M.Nareshkumar
A.R.Sathish

[K.C.VENKATACHALAM]
Prop. NIRANJANAAN GOLD TRADERS
No.5, KVR Complex I Floor,
Pachamalai Street,
Modachur Road,
Gobichettipalayam 638 476,
Erode District, Tamil Nadu, India.