AIMS GOLD FZC www.aims-gold.com Suite 3313, The Address Downtown Dubai, Moh’d Bin Rashid Blvd. P.O. Box 74184, Dubai, UAE GPS Location: EMAILS: Dubai - [email protected] Mwanza, Tanzania - [email protected] Bamako - [email protected] Miami - [email protected] 25° 11' 37.9278,55° 16' 45.411 Accra - [email protected] London - [email protected] FAXES: Europe, Middle East & Africa (London): +44 20 7681 1978 Africa (Tanzania): +255 7366 18 332 N&S America (Miami): +1 866 AIMS FAX (+1 866 2467 329) Asia & Australia (Honk Kong): +852 3006 2724 Athens Ops Center: +30 210 940 2300 Diamond (Rough) Purchase Procedures After receipt of the Manifest, Photos, Kimberley Process Certificates (KPC), etc. and the rest of the documents required for legally importing the diamonds, if we find them of interest, then:  In order for us to buy rough diamonds, the Seller needs to transport them to U.A.E., Belgium, or Israel where one of our nominated Gemologists will examine them.  In case the rough diamonds have to be bought in the Seller’s home country’s capital, then the possibility exists to send our nominated Gemologist to examine the diamonds there at a cost covering a Business Class ticket, a 5-Star Hotel and $3,000 per travel or working full or partial day from the moment our Gemologist leaves his office until his return to his office.  If we agree on the price then the Buyer and Seller enter into an Agreement.  The Buyer receives the Agreement from the Seller and within forty eight (48) hours from the receipt, signs it and exchanges via email with the Seller.  Before signature by both parties of the Agreement, there are 3 payment options available to the Seller and upon his choice, this option will be incorporated in the Agreement. Option 1: Seller delivers the diamonds (with all legal documentation) to our Nominated Gemologist in the U.A.E. and after the Gemologist examines the diamonds, AIMS Gold FZC will make an offer for the diamonds and if accepted by the Seller, AIMS Gold FZC will pay, either the same or next business banking day. Option 2: Buyer’s bank to establish a 100% (of the total Proforma Commercial Invoice value) SBLC (as per draft swift that will be provided) which will be operative and valid for an initial period of Thirty (30) days only upon receipt of a 2% Performance Bond (PB) from the Seller’s Bank (must be on of the world’s top 100 banks) to the Buyer’s Bank (as per draft swift that will be provided) for a period of forty five (45) days and valued at 2% of the SBLC. The Seller has also the option to issue a Non-Operative PB, which will only become Operative after the Seller’s bank that issued the PB receives the 100% Operative SBLC from the Buyer’s bank. It is well understood that in order to issue an SBLC or a PB these days, other than the bank fees that have to be paid to the bank, the Issuer (Seller for the PB or Buyer for the SBLC) will also need to deposit 120% of the value of the SBLC or the PB in a blocked deposit account, so he will not be able to use these funds for any other business. Seller should note that the 2% PB is necessary in order to guarantee in case something goes wrong, the costs of issuing an SBLC together with all the other costs for Customs clearance, Security Transport & Bonded Warehouse services, insurance and to cover all risks, and all other expenses. In case there is something wrong (false documentation or incomplete) with the paperwork of the shipment or the specs of the goods, the Buyer would need to be fully covered by the PB for the cost of issuing the SBLC. Of course if everything is OK the Buyer will never cash the PB. Also the Seller will never cash the SBLC, unless they Buyer does not pay the Seller as agreed, since the SBLC is not an instrument of payment, but only a guarantee to get paid by the Buyer’s bank if the Buyer does not pay the Seller within the agreed time. Option 3: If the Seller does not want or does not have the capability to issue any Performance Bond (PB), then the Buyer is prepared to give the Seller the option to not issue a PB and in such a case the Buyer will also not issue an SBLC and thus both sides will save the fees to open the PB and the SBLC. Under this option the Seller may request from the Buyer to issue a non-blocked Proof of Funds (PoF) with a value of 100% of the total Commercial Invoice (verbiage to be provided by the Buyer’s bank) in order for the Buyer to prove that has the funds and is not working without his own capital.  Upon signing of the Agreement, we will then advise you to set up a TTM (Table Top Meeting) either in U.A.E., Belgium or Israel, or the capital city of your chosen country (at the costs stated above) in order for our Gemologist to examine the diamonds.  After examining the diamonds, we will make an offer and if accepted by the Seller, we will pay within 48 hours. For any questions or further information, please email us at [email protected]