<SEC-DOCUMENT>0001206774-17-001702.txt : 20170526
<SEC-HEADER>0001206774-17-001702.hdr.sgml : 20170526
<ACCEPTANCE-DATETIME>20170526111633
ACCESSION NUMBER:		0001206774-17-001702
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20161231
</ITEM>
<ITEM>
<ITEM-NUMBER>1.02
<ITEM-PERIOD>20161231
</ITEM>
</RULE>
FILED AS OF DATE:		20170526
DATE AS OF CHANGE:		20170526

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STRATASYS LTD.
		CENTRAL INDEX KEY:			0001517396
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35751
		FILM NUMBER:		17872430

	BUSINESS ADDRESS:	
		STREET 1:		7665 COMMERCE WAY
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344
		BUSINESS PHONE:		972-8-931-4314

	MAIL ADDRESS:	
		STREET 1:		2 Holtzman Street
		STREET 2:		Science Park, P.O. Box 2496
		CITY:			Rehovot
		STATE:			l3
		ZIP:			76124

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OBJET LTD
		DATE OF NAME CHANGE:	20111118

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OBJET GEOMETRIES LTD
		DATE OF NAME CHANGE:	20110405
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>stratasys3141098-sd.htm
<DESCRIPTION>SPECIALIZED DISCLOSURE REPORT
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<P align=center style="margin-top: -10px"><B><FONT face="Times New Roman" size=5>UNITED STATES
<BR></FONT></B><B><FONT face="Times New Roman" size=5>SECURITIES AND EXCHANGE
COMMISSION<BR></FONT></B><B><FONT face="Times New Roman" size=2>Washington, D.C.
20549</FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=5>FORM SD</FONT></B></P>
<P align=center><B><FONT face="Times New Roman">SPECIALIZED DISCLOSURE
REPORT</FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=5>Stratasys
Ltd.<BR></FONT></B><FONT face="Times New Roman" size=2>(Exact name of registrant
as specified in its charter) </FONT></P>
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    <TD noWrap style="text-align: center" width="33%"><B><FONT face="Times New Roman" size=2>Israel</FONT></B></TD>
    <TD noWrap style="text-align: center" width="33%"><B><FONT face="Times New Roman" size=2>001-35751</FONT></B></TD>
    <TD noWrap style="text-align: center" width="33%"><B><FONT face="Times New Roman" size=2>Not Applicable</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>(State or other jurisdiction of</FONT></TD>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>Commission file number</FONT></TD>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>(IRS
      Employer Identification</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>incorporation or organization)</FONT></TD>
    <TD noWrap align=left width="33%">&nbsp;</TD>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>No.)</FONT></TD></TR></TABLE><BR>
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    <TD noWrap style="text-align: center" width="49%"><B><FONT face="Times New Roman" size=2>c/o Stratasys, Inc.</FONT></B></TD>
    <TD noWrap style="text-align: center" width="50%"><B><FONT face="Times New Roman" size=2>1 Holzman Street, Science Park</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="49%"><B><FONT face="Times New Roman" size=2>7665 Commerce Way</FONT></B></TD>
    <TD noWrap style="text-align: center" width="50%"><B><FONT face="Times New Roman" size=2>P.O. Box 2496</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="49%"><B><FONT face="Times New Roman" size=2>Eden Prairie, Minnesota 55344</FONT></B></TD>
    <TD noWrap style="text-align: center" width="50%"><B><FONT face="Times New Roman" size=2>Rehovot, Israel 76124</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="49%"><B><FONT face="Times New Roman" size=2>(952) 937-3000</FONT></B></TD>
    <TD noWrap style="text-align: center" width="50%"><B><FONT face="Times New Roman" size=2>+972-74-745-4300</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD style="text-align: center" width="99%" colSpan=2><FONT face="Times New Roman" size=2>(Address of principal executive
offices)</FONT></TD></TR></TABLE><BR>
<P align=center><B><FONT face="Times New Roman" size=2>Vered Ben Jacob, Esq.,
Vice President Corporate Legal Affairs, +972-74-745-4029<BR></FONT></B><FONT face="Times New Roman" size=2>(Name and telephone number, including area code,
of the person to contact in connection with this report) </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Check the appropriate box to
indicate the rule pursuant to which this form is being filed, and provide the
period to which the information in this form applies: </FONT></P>
<P align=left style="margin-bottom: 10px"><FONT face="Times New Roman" size=2></FONT><FONT face="Times New Roman" size=2>&#9746; Rule 13p-1 under the Securities Exchange Act (17
CFR 240.13p-1) for the reporting period from January 1 to December 31, 2016.
</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><B><FONT face="Times New Roman" size=2>Section 1 &#151; Conflict
Minerals Disclosure</FONT></B></P>
<P align=left><B><FONT face="Times New Roman" size=2>Item 1.01 Conflict Minerals
Disclosure and Report</FONT></B></P>
<P align=left><B><FONT face="Times New Roman" size=2>Conflict Minerals
Disclosure</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>In accordance with the
requirements of Item 1.01(c) of Form SD, Stratasys Ltd. (&#147;Stratasys&#148;) has posted
the Conflict Minerals Report filed as Exhibit 1.01 hereto to its <FONT STYLE="BACKGROUND-COLOR: TRANSPARENT">publicly</FONT>
available Internet website at
http://www.stratasys.com/corporate/investor-relations/financial-information/sec-filings.
</FONT></P>
<P align=left><B><FONT face="Times New Roman" size=2>Item 1.02
Exhibit</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>Stratasys has filed its
Conflict Minerals Report as Exhibit 1.01 hereto as required by Item 1.01 of Form
SD. </FONT></P>
<P align=left><B><FONT face="Times New Roman" size=2>Section 2 &#151;
Exhibits</FONT></B></P>
<P align=left><B><FONT face="Times New Roman" size=2>Item 2.01
Exhibits</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>The following exhibit is filed
as part of this report. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Exhibit 1.01 &#151; Conflict
Minerals Report as required by Items 1.01 and 1.02 of this Form. </FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><FONT face="Times New Roman" size=2>Signatures</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the duly authorized undersigned.
</FONT></P>
<P align=left><B><FONT face="Times New Roman" size=2>Stratasys
Ltd.</FONT></B></P>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=left width="48%"><FONT face="Times New Roman" size=2>May 26, 2017</FONT></TD>
    <TD noWrap align=left width="2%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=left width="49%"><FONT face="Times New Roman" size=2>/s/ Lilach Payorski</FONT></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=left width="48%"></TD>
    <TD noWrap align=left width="2%"></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=left width="49%">&nbsp;</TD></TR>
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    <TD noWrap align=left width="48%">&nbsp;</TD>
    <TD noWrap align=left width="2%"></TD>
    <TD noWrap align=left width="49%"><FONT face="Times New Roman" size=2>By:
      Lilach Payorski</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="48%"></TD>
    <TD noWrap align=left width="2%"></TD>
    <TD noWrap align=left width="49%"><FONT face="Times New Roman" size=2>Chief Financial
Officer</FONT></TD></TR></TABLE><BR>
<P align=center><FONT face="Times New Roman" size=2>1 </FONT></P>
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<DOCUMENT>
<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>stratasys3141098-ex101.htm
<DESCRIPTION>CONFLICT MINERALS REPORT AS REQUIRED BY ITEMS 1.01 AND 1.02 OF THIS FORM
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<P align=right><B><FONT face="Times New Roman" size=2>Exhibit
1.01</FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=2>Conflict Minerals Report
of Stratasys Ltd.</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>This is the Conflict Minerals
Report of Stratasys Ltd. for calendar year 2016 in accordance with Rule13p-1 of
the Securities Exchange Act of 1934 (&#147;Rule 13p-1&#148;) and Form SD. The Rule was
adopted by the Securities and Exchange Commission ("SEC") to implement reporting
and disclosure requirements related to "Conflict Minerals" as directed by the
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank
Act"). Conflict minerals are defined by the SEC as columbite-tantalite (coltan),
cassiterite, gold, wolframite, or their derivatives, which are limited to
tantalum, tin, and tungsten. Rule 13p-1 imposes certain reporting obligations on
SEC registrants whose products contain Conflict Minerals that are necessary to
the functionality or production of their products. If the SEC registrant has
reason to believe that any of those Conflict Minerals may have originated in the
Democratic Republic of the Congo (the &#147;DRC&#148;) or a country that shares an
internationally recognized border with the Democratic Republic of the Congo
(collectively, &#147;Covered Countries&#148;) or is unable to determine the country of
origin of those Conflict Minerals, the SEC registrant is required to submit a
Conflict Minerals Report to the SEC that includes a description of the measures
it took to exercise due diligence on the Conflict Minerals&#146; source and chain of
custody.</FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Stratasys Ltd. (&#147;Stratasys&#148; or
&#147;we&#148;) is the product of the 2012 merger of two leading additive manufacturing
companies, Stratasys, Inc. and Objet Ltd. Our ordinary shares are listed on the
NASDAQ Global Select Market under the trading symbol &#147;SSYS&#148;. We have dual
headquarters. One of our two principal places of business is located at 7665
Commerce Way, Eden Prairie, Minnesota. Our registered office and other principal
place of business is located at 2 Holtzman Street, Science Park, P.O. Box 2496,
Rehovot 76124, Israel. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We are a leading global
provider of 3D printing and additive manufacturing, or AM, solutions for the
creation of parts used in the processes of designing and manufacturing products
and for the direct manufacture of end parts. Our solutions include products
ranging from entry-level desktop 3D printers to systems for rapid prototyping,
or RP, and large production systems for direct digital manufacturing, or DDM. We
also develop, manufacture and sell materials for use with our systems and
provide related services offerings. We believe that the range of 3D printing
consumable materials that we offer, consisting of 15 fused deposition modeling
(FDM) cartridge-based materials, 26 PolyJet cartridge-based materials, 5 smooth
curvature printing (SCP) inkjet-based materials, 158 non-color digital
materials, and over 1,500 color variations, as well as our 4 SolidScape
non-toxic thermoplastic modeling materials, is the widest in the industry. Our
services offerings include Stratasys Direct Manufacturing printed parts service
as well as our professional services. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our products and services are
used in different applications by customers in a broad array of industries,
including aerospace, automotive, consumer electronics, consumer goods, medical
processes and medical devices, education, dental, jewelry and more. Our
customers range from individuals and smaller businesses to large, global
enterprises, and we include a number of Fortune 100 companies among our
customers. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We offer a broad range of
systems, consumables and services for 3D printing and additive manufacturing.
Our wide range of solutions, based on our proprietary 3D printing technologies
and materials, enhance the ability of designers, engineers and manufacturers to:
</FONT></P>
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    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 30pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">visualize and communicate product ideas and
      designs; <BR>&nbsp;</TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 30pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">verify the form, fit and function of
      prototypes; <BR>&nbsp;</TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 30pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">manufacture tools, jigs, fixtures, casts and
      injection molds used in the process of manufacturing end-products;
    <BR>&nbsp;</TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 30pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">manufacture customized and short-run
      end-products more efficiently and with greater agility; and
  <BR>&nbsp;</TD></TR>
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    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 30pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">produce objects that could not otherwise be
      manufactured through subtractive manufacturing
methodologies.</TD></TR></TABLE>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our product portfolio consists
of five series of 3D printing systems and the consumables used by those systems.
Our product series comprise the MakerBot desktop series, the Idea Series, the
Design Series, the Production Series and the Dental Series. Collectively, this
portfolio of products offers a broad range of performance options for users,
depending on their desired application, as well as on the nature and size of the
designs, prototypes or end-products they seek to produce. Our products are
available at a variety of different price points and include entry-level desktop
3D printers, a range of systems for RP, and large production systems for DDM. We
also offer a range of 3D printing materials consisting of 15 FDM cartridge-based
materials, 26 PolyJet cartridge-based materials, 5 SCP, inkjet-based materials
and 158 non-color digital materials, and over 1,500 color variations.</FONT></P>
<P align=center><FONT face="Times New Roman" size=2>2 </FONT></P>
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<P align=left><B><FONT face="Times New Roman" size=2>Our products</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We offer a dedicated range of
products for applications such as rapid prototyping (RP), tooling, as well as
manufacturing parts. Our products include 3D printing systems, consumable
materials, software and services. </FONT></P>
<P align=left><B><I><FONT face="Times New Roman" size=2>Printing
systems</FONT></I></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our 3D printing systems, which
are based on our proprietary FDM and PolyJet technologies, are described
below:</FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We offer a series of printing
systems suitable for RP, from design validation, visualization and communication
to form, fit and functional performance testing. These systems are targeted at
work groups and offers a variety of products that provide customers with a broad
range of choices of features such as printing capacity, production speed and
price. The Objet systems offer high accuracy and print quality using a variety
of PolyJet materials. The new F123 product line allows users to create parts in
PLA, ABS plus, ASA and PC-ABS materials. These materials enable production of
parts with the strength required for true form, fit and functional testing. The
F123 is designed to enable ease of use and ease of maintenance and offers
easy-to-use but functionality-rich user experience by using the GrabCAD Print
software. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We also offer printing systems
typically used for Additive Manufacturing &#150; production tooling and end parts
applications - and high performance Prototyping applications.</FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our FDM technology based
systems produce durable, production-grade thermoplastic heated parts suitable
for RP manufacturing, tooling and end-used parts use cases. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our PolyJet technology based
high-end printing systems offer the ability to print multiple materials
including color printing in a single part build. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We also offer our Solidscape
line of 3D printers, materials and software for Additive Manufacturing
applications. This line of products combines patent-protected, SCP
high-precision ink-jetting technology and high-precision milling of each layer,
with our proprietary graphical front-end ModelWorks software. Objects created
with these 3D printers are wax patterns and feature extremely high resolution
and accuracy; are used primarily for casting in metal jewelry, dental and
industrial parts. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our MakerBot Replicator series
represents our desktop 3D printers, compact, and professional-grade 3D printers.
Our desktop and compact 3D printers are affordable, and designed for easy,
desktop use and are typically used by individuals operating alone or within an
enterprise. Our larger, professional 3D printer has a large build volume ideal
for industrial prototypes, models and products. </FONT></P>
<P ALIGN="LEFT"><B><I><FONT face="Times New Roman" size=2>Consumable
materials</FONT></I></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We sell a broad range of 3D
printing materials, consisting of 15 FDM cartridge-based materials, 26 PolyJet
cartridge-based materials, five SCP inkjet-based materials and 158 non-color
digital materials, and over 1,500 color variations for use in our 3D printers
and production systems. The sale of these materials provides us with a recurring
revenue stream from users of our 3D printers and production systems. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>The materials we sell are
described below: </FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>FDM-based
materials</FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>The modeling and support
filament used in the FDM-based 3D printers and production systems features a
wide variety of production grade thermoplastic materials. We continue to develop
filament modeling materials that meet our customers&#146; needs for increased speed,
strength, accuracy, surface resolution, chemical and heat resistance, color, and
mechanical properties. These materials are processed into our proprietary
filament form, which is then utilized by our FDM systems. Our spool-based system
has proven to be a significant advantage for our products, because it allows the
user to quickly change material by simply mounting the lightweight spool and
feeding the desired filament into the FDM devices that are office friendly.
Currently, we have a variety of build materials in multiple colors commercially
available for use with our FDM technology. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Each material has specific
characteristics that make it appropriate for various applications. The ability
to use different materials allows the user to match the material to the end use
application, whether it is a pattern for tooling, a concept model, a functional
prototype, a manufacturing tool, or a DDM end use part. </FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>PolyJet-based
materials</FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our resin consumables, which
consist of our PolyJet family of proprietary acrylic-based photopolymer
materials, are designed for use with our PolyJet printing systems and enable
users of those products to create highly accurate, finely detailed 3D models and
parts for a wide range of prototype development and customized manufacturing
applications. The wide variety of resins within the PolyJet family is
characterized by transparent, colored, or opaque visual properties and flexible,
rigid or other physical properties. Support materials that are used together
with the model materials enable the 3D printing of models with a wide array of
complex geometries. Our PolyJet materials are produced in-house and are
specially designed for our printing systems. </FONT></P>
<P align=center><FONT face="Times New Roman" size=2>3 </FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We have invested significant
research and development efforts in optimizing our PolyJet materials for use
with inkjet technology. These efforts are reflected in the properties of these
materials, which enable them to be packaged, stored, combined and readily cured
upon printing. Our PolyJet materials are packaged in cartridges for safe
handling and are suitable for use in office environments. The polymerized
materials can also be machined, drilled, chrome-plated or painted in most
cases.</FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>SCP inkjet-based
materials</FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our Solidscape inkjet-based
materials feature excellent lost wax casting qualities, including fast melt out,
no ash or residue, and no thermal expansion. Currently, we have four modeling
materials commercially available for use with our Solidscape technology. These
include materials formulated specifically for particular industries, such as a
thermalpolyester formula developed to help retail jewelers and manufacturers
meet the demand for finished goods using less precious materials and a
thermalpolyester material formulated to deliver high casting yields for dental
applications. </FONT></P>
<P align=left><B><I><FONT face="Times New Roman" size=2>Key Portfolio Additions
&amp; Innovations in 2016 and Early 2017 </FONT></I></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>To further strengthen our
leadership position and following our strategy to deepen the focus on additive
manufacturing, tooling and rapid prototyping for specific vertical market, we
announced a variety of innovations in 2016 across multiple applications for
various key vertical markets, such as automotive, aerospace, consumer products
and healthcare.</FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>Stratasys J 750 fist true
color 3D printer</FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>In April 2016, we introduced
what we believe to be an industry-first with our market-disruptive 3D printer,
the J750. The new solution breaks restrictive technology barriers, enabling
customers for the first time to mix-and-match full color gradients alongside a
wide range of materials to achieve one-stop realism without post-processing.
This, together with the system's superior versatility, makes the J750 a choice
3D printing solution for product designers, engineers and manufacturers, as well
as service bureaus. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>As the premier addition to the
Objet Connex multi-color, multi-material series of 3D Printers, the Stratasys J
750 allows customers to choose from more than 360,000 different color shades
plus multiple material properties - ranging from rigid to flexible and opaque to
transparent. Prototypes can include a vast array of colors, materials and
material properties in the same part, speeding production of realistic models,
prototypes and parts for virtually any application need - as well as delivering
incomparable 3D printing versatility to produce tooling, molds, jigs and
fixtures and more. </FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>The Stratasys F123 Series &#150;
Smarter Prototyping for Workgroups </FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>In February 2017, we
introduced the F123 Series, a new comprehensive rapid prototyping solution that
answers the specific needs of professional designers and engineers in the
workgroup and office setting. For the first time, the F123 Series enables
end-to-end rapid prototyping for every stage of the prototyping process: Rapid,
economically-effective concept verification models in PLA material and
fast-draft mode; advanced design validation prototypes using a 0.005 in. slice
resolution and soluble support for unmatched precision, repeatability and
aesthetics. Functional performance testing is enabled with a wide range of
functional FDM materials including ABS, ASA, and PC-ABS.</FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Utilizing over 30 patented
inventions selected from the entire Stratasys FDM range together with several
new patents pending, the F123 Series offers wide-ranging engineering and
interface usability enhancements to answer the needs of design workgroups:
Engineering grade quality prototyping results - but easy enough for anyone to
learn and operate. Professional levels of productivity - but quiet and
unobtrusive enough to work in the office environment. The system incorporates
GrabCAD Print software that enables printing straight from native CAD files, as
well as the ability to manage jobs in real-time and from remote. The F123 Series
comes in a range of 3 versatile platform sizes. </FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>Easier to Manufacture
Complex Hollow Composite Parts with New Sacrificial Tooling Solution
</FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Sacrificial tooling, a process
in which 3D printed molds are wrapped in composite material and then removed
after part curing, enables manufacturers to rapidly and cost-effectively create
complex, hollow composite parts. We are improving this process with a new
sacrificial tooling solution, consisting of our new ST-130 material and new fill
patterns. Together, the new material and fill patterns provide faster
dissolution, rapid build speed, better autoclave performance and greatly
improved tool quality. </FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>Tough PC-ABS Material Now
Available on More Stratasys 3D Printers </FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>With its high durability and
smooth matte finish, PC-ABS is a natural choice for challenging applications,
such as power-tool prototyping and industrial equipment manufacturing. Owners of
the F370, Fortus 380mc and 450mc 3D Printers will now have the ability to
leverage PC-ABS, reducing time-to-market and high tooling costs for low-volume
and custom production builds. 3D printing in real engineering thermoplastics
results in stronger parts, more confident testing and prototypes that mimic the
material properties of the final product. </FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>Next Generation Production
line enhancement for Fortus 900 mc </FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>The Stratasys Fortus 900mc
next Generation offers a streamlined workflow and easier job-monitoring with an
internal camera and GrabCAD Print Software. Standard certifications are
included, eliminating the effort and cost to qualify the 3D printer for the
user's production floor. </FONT></P>

<P align=center><FONT face="Times New Roman" size=2>4 </FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><I><FONT face="Times New Roman" size=2>New FDM Material Nylon 6
</FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Stratasys Nylon 6 combines the
strength of ULTEM 9085</FONT><FONT face="Times New Roman" size=2>&#153;</FONT><FONT face="Times New Roman" size=2> with the toughness of Nylon 12. It affords a
higher strength and stiffness as well as a better 3D printed appearance than
Nylon 12. Nylon 6 is one of the most widely used thermoplastics applied in
</FONT><FONT face="Times New Roman" size=2>traditional manufacturing. For FDM 3D
printing, Stratasys Nylon 6 is specially formulated to control the right balance
between mature Nylon 6 properties and controlled shrinkage effects during the
FDM 3D printing process. </FONT></P>
<P align=left><I><FONT face="Times New Roman" size=2>Stratasys Manufacturing
Aids Package</FONT></I></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Our Manufacturing Aids Package
offers assistance to manufacturers seeking to create custom manufacturing tools.
The materials-and-services package includes 40 hours of design work from
Stratasys Professional Services to make producing a first tool easy. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>To create strong, lightweight
tools, the kit includes canisters of thermoplastic build material and support
material. Build material includes Nylon 6 - our newest engineering-grade
material - as well as PC and ASA plastic. ASA is available in a choice of ten
colors. The Manufacturing Aids Package includes our new SR-35 advanced soluble
support material which offers faster dissolve time and extended bath life
compared to our previous SR-30 soluble support material.</FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>As an issuer that offers
products that include Conflict Minerals necessary in our manufactured products,
we are subject to Dodd-Frank Wall Street Reform and Consumer Protection Act of
2010 Section 1502 reporting requirements associated with Conflict Minerals and
the Rule 13p-1. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>1. Reasonable Country of
Origin Inquiry</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>In accordance with our
Conflict Minerals Policy, Stratasys has concluded in good faith that during
calendar year 2016, we have manufactured and contracted to manufacture products
containing all four Conflict Minerals and have determined that the use of these
minerals is necessary to the functionality or production of these products.
</FONT></P>
<P align=center><FONT face="Times New Roman" size=2>5 </FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We performed a reasonable
country of origin inquiry (&#147;RCOI&#148;) simultaneously with the due diligence phase
in which we engaged to determine whether the Conflict Minerals necessary to the
functionality or production of our products were or were not &#147;DRC conflict
free.&#148; This was done simultaneously due to the large number of applicable
suppliers from which we source materials that we surveyed and the time frame in
which we needed to complete both the RCOI and due diligence. We operate
significantly downstream from the sources from the minerals used in our
products&#146; components. As such, we rely upon the due diligence conducted by our
own supply base to which we have limited amount of control. Our RCOI that we
conduct therefore has certain limitations which limit the total degree of
certainty that can be determined. Our RCOI employed several methods to assess
whether the necessary Conflict Minerals in our products originated from the DRC
or Covered Countries. These measures consisted primarily of the following
actions: </FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>

  <TR>
    <TD vAlign=top noWrap><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD vAlign=top noWrap><FONT face="Times New Roman" size=2>a)</FONT></TD>
    <TD vAlign=top noWrap><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD width="100%"><FONT face="Times New Roman" size=2>Internal assessments
      of our products to determine which contain or may contain necessary
      Conflict Minerals.</FONT></TD></TR>
  <TR>
    <TD noWrap></TD>
    <TD width="100%" colSpan=3>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top noWrap></TD>
    <TD vAlign=top noWrap><FONT face="Times New Roman" size=2>b)</FONT></TD>
    <TD vAlign=top noWrap></TD>
    <TD width="100%"><FONT face="Times New Roman" size=2>We identified a list
      of supplier we purchased from directly during calendar year 2016 (&#147;Tier 1
      Suppliers&#148;), and segmented the list according to the type of material the
      supplier provides. Some of the suppliers' categories were excluded for the
      following reasons: they were not necessary to the functionality or
      production of the products, they didn't contain Conflict Minerals or the
      supplier provided a commercial off the shelf product.</FONT></TD></TR>
  <TR>
    <TD noWrap></TD>
    <TD width="100%" colSpan=3>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top noWrap></TD>
    <TD vAlign=top noWrap><FONT face="Times New Roman" size=2>c)</FONT></TD>
    <TD vAlign=top noWrap></TD>
    <TD width="100%"><FONT face="Times New Roman" size=2>To reduce the risk of
      not receiving full information from our Tier 1 Suppliers, we also directly
      approach plastic, metal and electronic manufacturers, even though we have
      not purchased from them directly. We rely on our in-scope suppliers and
      manufacturers to provide us with information concerning the source and
      chain of custody of Conflict Minerals contained in the products and
      components they supply. The cumulative number of suppliers and
      manufacturers (&#147;in scope suppliers&#148;) we have approached is
  821.</FONT></TD></TR>
  <TR>
    <TD noWrap></TD>
    <TD width="100%" colSpan=3>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top noWrap></TD>
    <TD vAlign=top noWrap><FONT face="Times New Roman" size=2>d)</FONT></TD>
    <TD vAlign=top noWrap></TD>
    <TD width="100%"><FONT face="Times New Roman" size=2>Solicited survey
      responses using the standard template designed by the Conflict Free
      Sourcing Initiative (CFSI) (the &#147;Conflict Minerals Reporting Template&#148;
      (&#147;CMRT&#148;)). We engaged our supply chain to respond to the CMRT by referring
      suppliers to training materials that included an overview of the law and
      instructions on how to complete the CMRT.</FONT></TD></TR>
  <TR>
    <TD noWrap></TD>
    <TD width="100%" colSpan=3>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top noWrap></TD>
    <TD vAlign=top noWrap><FONT face="Times New Roman" size=2>e)</FONT></TD>
    <TD vAlign=top noWrap></TD>
    <TD width="100%"><FONT face="Times New Roman" size=2>Assessment of
      responses received for information that would identify as inconsistent,
      incomplete, or inaccurate. In addition, we validate CMRTs received from
      suppliers to identify deviation from the CFSI requirements. Responses that
      failed any of the &#147;red flag&#148; review tests were identified for additional
      follow up.</FONT></TD></TR>
  <TR>
    <TD noWrap></TD>
    <TD width="100%" colSpan=3>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top noWrap></TD>
    <TD vAlign=top noWrap><FONT face="Times New Roman" size=2>e)</FONT></TD>
    <TD vAlign=top noWrap></TD>
    <TD width="100%"><FONT face="Times New Roman" size=2>To non-responsive in
      scope suppliers, we sent periodic reminders to provide surveys or updated
      responses.</FONT></TD></TR></TABLE>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Based on the RCOI conducted,
Stratasys has reason to believe that a portion of the Conflict Minerals
necessary to the functionality of its products originated in the DRC or a
Covered Country and knows, or has reason to believe, that those necessary
Conflict Minerals may not be from recycled or scrap sources. Based on this
result, Stratasys conducted due diligence activities and details these efforts
in this Conflict Minerals Report. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>2. Due
Diligence</FONT></B></P>
<P align=left><B><FONT face="Times New Roman" size=2>Due diligence
design</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>In accordance with Rule 13p-1
and Form SD, we undertook due diligence to determine whether the Conflict
Minerals necessary to the functionality or production of our products were or
were not &#147;DRC conflict free.&#148; We designed our due diligence measures to be in
conformity, in all material respects, with the internationally recognized due
diligence framework as set forth in the Organization for Economic Cooperation
and Development (&#147;OECD&#148;) Due Diligence Guidance for Responsible Supply Chains of
Minerals from Conflict-Affected and High-Risk Areas (OECD, 2013) (&#147;OECD
Framework&#148;) and related supplements for Conflict Minerals. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>The five steps defined in the
OECD Due Diligence Guidance are: (1) establishment of strong internal company
management systems; (2) identification and assessment of risks in the supply
chain; (3) design and implementation of a strategy to respond to risks as they
are identified; (4) carry out independent third-party audits of smelters&#146; and
refiners&#146; due diligence practices; and (5) report annually on supply chain due
diligence. </FONT></P>
<P align=center><FONT face="Times New Roman" size=2>6 </FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><B><FONT face="Times New Roman" size=2>Due diligence measures
undertaken</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>The due diligence measures we
undertook consisted primarily of: </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>a. Established strong
company management systems.</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>We reviewed and maintained the
company management systems previously established through the following actions:
</FONT></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD style="PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Reviewed our Conflict
      Minerals Policy in order to assess whether any updates were required. We
      strive to ensure that purchased metals originate only from smelters
      validated as being Conflict Mineral free. In addition, we expect our
      suppliers to comply with the terms of our Conflict Minerals Policy and
      encourage them to define, implement and communicate to their sub-suppliers
      their own policy, outlining their commitment to responsible sourcing of
      these materials, legal compliance and measures for implementation. Our
      Conflict Minerals Policy is available at
      http://files.shareholder.com/downloads/AMDA-FNA1K/4441022834x0x748757/72402B7D-BD98-4480-A580-59F519FDBC16/Stratasys-CM_Policy_FINAL_DISTRIBUTED_04-29-14.pdf.
      </FONT></P></TD></TR></TABLE><BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Maintained the Conflict
      Minerals Governance Charter that sets the Conflict Minerals annual work
      plan including: steps for compliance, objectives, timeline, internal
      management and cross functional team with identified roles and
      responsibilities to support supply chain due diligence.
      <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Held periodic meetings
      of the cross functional team, for the purpose of sharing best practices
      and monitoring our progress regarding the various steps required for
      compliance. <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Engaged with in scope
      suppliers and referred them to training materials online, including an
      overview of relevant Conflict Minerals regulation and provided
      instructions on how to respond to the due diligence survey (which was
      based on the CMRT). <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Included a Conflict
      Minerals provision to our standard Terms and Conditions of Purchase to
      require suppliers to comply with our Conflict Minerals Policy and
      requirements. <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Communicated the due
      diligence efforts to customers, suppliers and other relevant functions in
      our organization, as applicable.<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Maintained a grievance
      mechanism whereby concerns and violations of the Conflict Minerals Policy
      should be reported to Stratasys&#146; Chief Financial Officer and/or Vice
      President Legal affairs).</FONT></P></TD></TR></TABLE>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>b. Identified and assessed
risks in the supply chain</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>As part of our risk based
approach, Stratasys identified the suppliers from which it made purchases over a
specified amount during 2016. We assessed two primary risks in our supply chain:
(1) the risk of not receiving timely and accurate information from the supplier;
and (2) the risk of not being able to replace a supplier while trying to move
towards the goal of being Conflict Minerals free. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>In order to segment our
suppliers into three risk levels (high, medium and low) we have identified and
assessed Conflict Minerals-related risks based on suppliers&#146; and manufacturers&#146;
characteristics, such as the geographical location of the supplier, whether or
not the supplier is an SEC registrant, the supplier&#146;s reputation in the
industry, our spending with a supplier during calendar year 2016 and the extent
to we are dependent upon any particular manufacturer or supplier or the
availability of alternative suppliers. This segmentation allowed us to invest
our risk mitigation efforts according to the supplier level of risk. </FONT></P>
<P ALIGN="LEFT"><FONT face="Times New Roman" size=2>We have identified, to the
best of our efforts, the smelters and refiners in the supply chain by conducting
a supply chain survey using the CMRT, requesting suppliers and manufactures to
identify smelters and refiners and country of origin of the Conflict Minerals in
products they supply to Stratasys. In addition, Stratasys compared smelters and
refiners identified by the supply chain survey against the list of facilities
that have received a "conflict free" designation from the Conflict Free Smelter
Program (&#147;CFSP&#148;) or other independent third party audit program.</FONT></P>
<P ALIGN="LEFT"><FONT face="Times New Roman" size=2>As part of the risk assessment
phase, we identified that 46.7% of our in scope suppliers have policy in place
that addresses the Conflict Minerals sourcing and 14.5% do not provide us with
products containing Conflict Minerals.</FONT></P>
<P align=center><FONT face="Times New Roman" size=2>7 </FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>c. Designed and implemented
a strategy to respond to identified risks</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>The findings of the supply
chain risk assessment were and continue to be reported to designated members of
our senior management. As part of our risk management strategy we continue to
work with the in scope suppliers while we advance our efforts to investigate our
supply chain as follows: </FONT></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Contacted in scope
      suppliers whose responses were identified as incomplete, inconsistent or
      inaccurate. <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Reviewed in scope
      suppliers&#146; responses to track smelters and refiners in our supply chain
      that supply us with Conflict Minerals and have not received a
      conflict-free designation based on the CFSP or other independent third
      party validation program. <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Referred in scope
      suppliers to online training materials that included an overview of the
      law and instructions on how to complete the
  CMRT.<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>As part of our continued
      risk management efforts, we send follow up letters to high risk
      non-responsive in scope suppliers, and to in scope suppliers who declared
      the existence of Conflict Minerals in their supply chain from the DRC or
      Covered Countries from non-certified smelters.
</FONT></P></TD></TR></TABLE>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Supply chain due diligence is
a dynamic process that requires on-going risk monitoring. In order to ensure
effective management of risks, we review the risk identification process
occasionally and update the risk mitigation strategy accordingly. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>d. Reviewed independent
third-party audit of smelter and refiner due diligence practices</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Stratasys is a downstream
consumer of necessary Conflict Minerals and is many steps removed from smelters
and refiners who provide minerals and ores. Therefore, Stratasys does not
perform audits of smelters and refiners within the supply chain. As a result,
Stratasys&#146; due diligence efforts relied on reviewing cross-industry initiatives
such as those led by the CFSI to conduct smelter and refiner due diligence.
</FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>e</FONT></B><FONT face="Times New Roman" size=2>. </FONT><B><FONT face="Times New Roman" size=2>Prepared this annual report on supply chain due diligence</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Stratasys&#146; Conflict Mineral
Policy states that we will comply with Section 1502 of the Dodd Frank Act which
includes filing a Form SD and this Conflict Minerals report with the SEC and
posting publicly on the Internet. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><B><FONT face="Times New Roman" size=2>3. Results of
Assessment</FONT></B></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We conducted a supply chain
survey of the 703 in scope suppliers that we identified may contribute necessary
Conflict Minerals to our products compared to 806 in scope suppliers in calendar
year 2015. In calendar year 2016 we included metal, electronics and plastic
suppliers and manufacturers and took a risk based approach which focus on the
majority of spend.</FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>We received responses from in
scope suppliers representing approximately a 54.5% response rate, containing the
names and locations of smelters and refiners (see Annex 1) and country of origin
(see Annex 2) that process Conflict Minerals, compared to approximately a 54%
response rate attained for reporting year 2016.</FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Of the 54.5% of suppliers and
manufacturers that responded: </FONT></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>4.7% of in scope
      suppliers were classified as &#147;DRC conflict
free&#148;<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>3.1% of in scope
      suppliers were classified as &#147;Not from DRC&#148;<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>26.6% of in scope
      suppliers were classified as &#147;Free no Conflict
      Minerals&#148;<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>7.6% of in scope
      suppliers were classified as &#147;Undetermined not from
      DRC&#148;<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>58% of in scope
      suppliers were classified as &#147;Undetermined from DRC&#148;
  </FONT></P></TD></TR></TABLE>
<P align=center><FONT face="Times New Roman" size=2>8 </FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><FONT face="Times New Roman" size=2>The terms above have the
following meaning as part of our due diligence efforts: </FONT></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>&#147;DRC conflict free&#148;
      indicates that the in scope suppliers that reported that the Conflict
      Minerals being used in the products provided to Stratasys originate from
      Covered Countries, but the smelters are approved by the CFSI Conflict Free
      Smelter Program. <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>&#147;Not from DRC&#148; indicates
      that the in scope suppliers that reported that they were sourcing Conflict
      Minerals but from countries other than the Covered
      Countries.<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>&#147;Free no 3TG&#148; indicates
      that the in scope suppliers that reported that Conflict Minerals are not
      contained in the product, or are not necessary for the functionality or
      are not included in the production of the products provided to
      Stratasys.<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>&#147;Undetermined not from
      DRC&#148; indicates that the in scope suppliers that reported the Conflict
      Minerals being used in the products do not originate from Covered
      Countries but they have not yet concluded their due diligence process so
      this determination can potentially change. Due diligence for these in
      scope suppliers will continue until the status changes or is confirmed.
      <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>&#147;Undetermined from DRC&#148;
      indicates that the in scope suppliers that reported the Conflict Minerals
      being used originate from Covered Countries and the smelters are approved
      by the CFSI program, but they have not yet concluded their due diligence
      process so this determination can potentially change. Due diligence for
      these in scope suppliers will continue until the status changes or is
      confirmed.</FONT></P></TD></TR></TABLE>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>Despite in scope suppliers
indicating that they source Conflict Minerals from the DRC and Covered
Countries, these in scope suppliers were unable to accurately report which
specific smelters or refiners were part of the supply chain of the components
sold to Stratasys in 2016. </FONT></P>
<P ALIGN="LEFT" STYLE="text-indent: 15pt"><FONT face="Times New Roman" size=2>As a result of this lack of
information, Stratasys is unable to determine the full list of facilities used
to process those necessary Conflict Minerals or their country of origin and to
conclude whether or not the Conflict Minerals used in its products may have
directly or indirectly financed armed groups in Covered Countries. Stratasys&#146;
efforts to determine the mine(s) or location of origin included the use of the
due diligence measures described above. </FONT></P>
<P align=left><B><FONT face="Times New Roman" size=2>Smelters and refiners
verified as conflict free or in the audit process: </FONT></B></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border: #000000 1pt solid; text-align: center; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>79 of 92 (86%)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>45 of 49 (91.2%)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>46 </FONT><FONT face="Times New Roman" size=2>of
      53</FONT> <FONT face="Times New Roman" size=2>(86.8%)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>100 </FONT><FONT face="Times New Roman" size=2>of
      136 </FONT><FONT face="Times New Roman" size=2>(73.5%)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 49%; padding-right: 4pt; padding-left: 4pt"><U><FONT face="Times New Roman" size=2>Total</FONT></U></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><U><FONT face="Times New Roman" size=2>270
      </FONT></U><U><FONT face="Times New Roman" size=2>of 330 </FONT></U><U><FONT face="Times New Roman" size=2>(81.8%)</FONT></U></TD></TR></TABLE><BR>
<P align=left><B><FONT face="Times New Roman" size=2>Status of identified
smelters and refiners: </FONT></B></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Verified Conflict Free (CFSI
    Compliant)</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>257
      of 330 (77.9%)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Participating in an audit process (CFSI
      Active)</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>13
      of 330 <FONT face="Times New Roman" size=2>(3.9</FONT><FONT face="Times New Roman" size=2>%)</FONT></FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Not
      Participating</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>60
      of 330 (18.2%)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><U><FONT face="Times New Roman" size=2>Total (</FONT></U><FONT face="Times New Roman" size=2>Conflict Free and under Audit
      process)</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: center; width: 50%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>270
      of 330 (81.8%)</FONT></TD></TR></TABLE><BR>
<P align=left><B><FONT face="Times New Roman" size=2>Additional Risk
Factors</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>The statements above are based
on the RCOI process and due diligence performed in good faith by Stratasys.
These statements are based on the infrastructure and information available at
the time. A number of factors could introduce errors or otherwise affect our
conclusions. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>These factors include, but are
not limited to, gaps in product or product content information, gaps in supplier
data, errors or omissions by or of suppliers, confusion over requirements of SEC
final rules, gaps in supplier education and knowledge, lack of timeliness of
data, public information not discovered during a reasonable search, errors in
public data, language barriers and translation, supplier unfamiliarity with the
protocol, conflict area sourced materials being declared secondary materials,
companies going out of business in 2016 and smuggling of conflict area Conflict
Minerals to countries beyond the Covered Countries. </FONT></P>
<P align=center><FONT face="Times New Roman" size=2>9 </FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><FONT face="Times New Roman" size=2>We do not gather information
from our suppliers on a continuous or real-time basis, but rather information is
gathered from suppliers at the time that it&#146;s provided in a CMRT. </FONT></P>
<P align=left><FONT face="Times New Roman" size=2>We cannot be certain about our
conclusions regarding the source and chain of custody of the necessary Conflict
Minerals, as the information comes from direct and secondary suppliers and
independent third party audit programs. </FONT></P>
<P align=left><B><FONT face="Times New Roman" size=2>Continuous improvement
efforts to mitigate risk</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>Stratasys continues to take,
as applicable, the following steps to improve the due diligence process and
mitigate the possibility that we are utilizing Conflict Minerals that benefit
armed groups contributing to human rights violations: </FONT></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Continue to conduct and
      report annually on supply chain due diligence for the applicable Conflict
      Minerals, as required by Rule 13p-1.<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Work with in scope
      suppliers that did not respond to Stratasys&#146; 2013, 2014, 2015 or 2016
      surveys to help them understand the importance of this initiative to
      Stratasys and to encourage their participation in
      2017.<BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Attempt to validate in
      scope supplier responses using information collected via independent,
      conflict-free smelter validation programs such as the CFSP.
      <BR>&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-RIGHT: 8pt; PADDING-LEFT: 15pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
    <TD vAlign=top width="99%">
      <P align=left><FONT face="Times New Roman" size=2>Send follow up letters
      to high risk non-responsive in scope suppliers and to in scope suppliers
      with Conflict Minerals from the Covered Countries from non-certified
      smelters. </FONT></P></TD></TR></TABLE>
<P align=left><FONT face="Times New Roman" size=2>This Report contains
&#147;forward-looking statements&#148; within the meaning of U.S. federal securities laws.
These forward-looking statements can generally be identified as such because the
context of the statement will include words such as &#147;may&#148;, &#147;will,&#148; &#147;intends,&#148; &#147;plans,&#148;
&#147;believes,&#148; &#147;anticipates,&#148; &#147;expects,&#148; &#147;estimates,&#148; &#147;predicts,&#148; &#147;potential,&#148;
&#147;continue,&#148; or &#147;opportunity,&#148; the negative of these words or words of similar
import. Examples of forward-looking statements include statements relating to
our future plans, and any other statement that does not directly relate to any
historical or current fact. Forward-looking statements are based on our current
expectations and assumptions, which may or may not prove to be accurate.
Forward-looking statements are subject to risks, uncertainties and other factors
that could cause actual results to differ materially from those stated in such
statements. As a result, these statements speak only as of the date they are
made and we undertake no obligation to update or revise any forward-looking
statement, except as required by U.S. federal securities laws. </FONT></P>
<P align=center><FONT face="Times New Roman" size=2>10 </FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><FONT face="Times New Roman" size=2>Annex 1</FONT></B></P>
<P align=center><FONT face="Times New Roman" size=2>Names And Locations of
Smelters and Refiners</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border: #000000 1pt solid; vertical-align: top; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><STRONG><FONT size=2 face="Times New Roman">Metal</FONT></STRONG></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; vertical-align: top; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><STRONG><FONT size=2 face="Times New Roman">Smelter or Refiner Name</FONT></STRONG></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; vertical-align: top; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><B><FONT face="Times New Roman" size=2>Smelter or Refiner<BR>Country</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Advanced Chemical Company</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>JX
      Nippon Mining &amp; Metals Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kazakhmys Smelting LLC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kazakhstan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kazzinc</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kazakhstan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kennecott Utah Copper LLC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kojima Chemicals Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kyrgyzaltyn JSC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kyrgyzstan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>L'azurde Company For Jewelry</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Saudi arabia</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Lingbao Gold Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Lingbao Jinyuan Tonghui Refinery Co., Ltd.</FONT></TD>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Shandong Tiancheng Biological Gold Industrial
      Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Shandong Zhaojin Gold &amp; Silver Refinery
      Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Sichuan Tianze Precious Metals Co.,
    Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>So Accurate Group, Inc.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>SOE Shyolkovsky Factory of Secondary Precious
      Metals</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Russian Federation</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Solar Applied Materials Technology
    Corp.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Taiwan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Sumitomo Metal Mining Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tanaka Kikinzoku Kogyo K.K.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Great Wall Precious Metals Co., Ltd. of
      CBPM</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>The Refinery of Shandong Gold Mining Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tokuriki Honten Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tongling Nonferrous Metals Group Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Torecom</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Korea (Republic of)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Umicore Brasil Ltda.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Umicore S.A. Business Unit Precious Metals
      Refining</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Belgium</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United Precious Metal Refining, Inc.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Valcambi S.A.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Switzerland</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Western Australian Mint trading as The Perth
      Mint</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Australia</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Yamamoto Precious Metal Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Yokohama Metal Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Zhongyuan Gold Smelter of Zhongjin Gold
      Corporation</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Zijin Mining Group Co., Ltd. Gold
      Refinery</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Morris and Watson</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>New Zealand</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>SAFINA A.S.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Czech Republic</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Guangdong Jinding Gold Limited</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Umicore Precious Metals Thailand</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Thailand</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Geib Refining Corporation</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>MMTC-PAMP India Pvt., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>India</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Republic Metals Corporation</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>KGHM
    Polska Mied&#378; Sp&#243;lka Akcyjna</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Poland</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Fidelity Printers and Refiners Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Zimbabwe</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Singway Technology Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Taiwan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Al Etihad Gold Refinery DMCC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Emirates Gold DMCC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kaloti Precious Metals</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Sudan Gold Refinery</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Sudan</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>T.C.A S.p.A</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Italy</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Remondis Argentia B.V.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Netherlands</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tony Goetz NV</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Belgium</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Korea Zinc Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Korea (Republic of)</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>TOO Tau-Ken-Altyn</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kazakhstan</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Abington Reldan Metals, LLC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>SAAMP</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>France</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>SAXONIA Edelmetalle GmbH</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>WIELAND Edelmetalle GmbH</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>&#214;gussa &#214;sterreichische Gold- und
      Silber-Scheideanstalt GmbH</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Austria</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>AU Traders and Refiners</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-left: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>South Africa</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-top: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>AURA-II</FONT></TD>
    <TD NOWRAP STYLE="border: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of
America</FONT></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gujarat Gold Centre</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>India</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Sai
      Refinery</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>India</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Universal Precious Metals Refining Zambia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Zambia</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Modeltech Sdn Bhd</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Malaysia</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gold</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Bangalore Refinery</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>India</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Changsha South Tantalum Niobium Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Conghua Tantalum and Niobium Smeltry</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Duoluoshan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Exotech Inc.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>F&amp;X Electro-Materials Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Guangdong Zhiyuan New Material Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Hi-Temp Specialty Metals, Inc.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>JiuJiang JinXin Nonferrous Metals Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiujiang Tanbre Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>King-Tan Tantalum Industry Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>LSM
      Brasil S.A.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Metallurgical Products India Pvt., Ltd.</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Minera&#231;&#227;o Taboca S.A.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Mitsui Mining and Smelting Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Molycorp Silmet A.S.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Estonia</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Ningxia Orient Tantalum Industry Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>RFH
      Tantalum Smeltry Co., Ltd.</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Solikamsk Magnesium Works OAO</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Russian Federation</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Taki
      Chemical Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Telex Metals</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Ulba
      Metallurgical Plant JSC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kazakhstan</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Zhuzhou Cemented Carbide Group Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Yichun Jin Yang Rare Metal Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Hengyang King Xing Lifeng New Materials Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>D
      Block Metals, LLC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>FIR
      Metals &amp; Resource Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiujiang Zhongao Tantalum &amp; Niobium Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>XinXing HaoRong Electronic Material Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Dinghai Tantalum &amp; Niobium Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>KEMET Blue Metals</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Mexico</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Plansee SE Liezen</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Austria</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Thailand</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck GmbH Goslar</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck GmbH Laufenburg</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck Hermsdorf GmbH</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck Inc.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck Smelting GmbH &amp; Co. KG</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Plansee SE Reutte</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Austria</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Global Advanced Metals Boyertown</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Global Advanced Metals Aizu</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>KEMET Blue Powder</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR></TABLE><BR>
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    <TD NOWRAP STYLE="border: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tranzact, Inc.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>E.S.R. Electronics</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Resind Ind&#250;stria e Com&#233;rcio Ltda.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Tuohong New Raw Material</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; vertical-align: middle; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tantalum</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Power Resources Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT size=2 face="Times New Roman">Macedonia (the former
      Yugoslav<BR>Republic of)</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Chenzhou Yunxiang Mining and Metallurgy Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Ketai Advanced Material Co.,
    Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>CNMC (Guangxi) PGMA Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Alpha</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Cooperativa Metalurgica de Rond&#244;nia
    Ltda.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>CV Gita Pesona</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Indonesia</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>PT Justindo</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Indonesia</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>PT Aries Kencana Sejahtera</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Indonesia</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>CV Serumpun Sebalai</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Indonesia</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>CV United Smelting</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Indonesia</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Dowa</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>EM Vinto</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Bolivia (Plurinational State of)</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Estanho de Rond&#244;nia S.A.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Fenix Metals</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Poland</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gejiu Non-Ferrous Metal Processing Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gejiu Zili Mining And Metallurgy Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Huichang Jinshunda Tin Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gejiu Kai Meng Industry and Trade LLC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China Tin Group Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Malaysia Smelting Corporation (MSC)</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Malaysia</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Metallic Resources, Inc.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Minera&#231;&#227;o Taboca S.A.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Minsur</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Peru</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Mitsubishi Materials Corporation</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Nankang Nanshan Tin Manufactory Co.,
    Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>O.M. Manufacturing (Thailand) Co.,
    Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Thailand</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Operaciones Metalurgical S.A.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Bolivia (Plurinational State of)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
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<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; vertical-align: middle; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
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      of the Cao Bang Minerals &amp;<BR>Metallurgy Joint Stock Company</FONT></TD>
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      Company</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>PT Kijang Jaya Mandiri</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>HuiChang Hill Tin Industry Co., Ltd.</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
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    Plant</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tin</FONT></TD>
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      Plant</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Gejiu Jinye Mineral Company</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kennametal Huntsville</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Guangdong Xianglu Tungsten Co., Ltd.</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Chongyi Zhangyuan Tungsten Co., Ltd.</FONT></TD>
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<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Dayu
      Weiliang Tungsten Co., Ltd.</FONT></TD>
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    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Global Tungsten &amp; Powders Corp.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Hunan Chenzhou Mining Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Hunan Chunchang Nonferrous Metals Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan New Metals Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Ganzhou Huaxing Tungsten Products Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kennametal Fallon</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tejing (Vietnam) Tungsten Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Vietnam</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Vietnam Youngsun Tungsten Industry Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Vietnam</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Wolfram Bergbau und H&#252;tten AG</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Austria</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Xiamen Tungsten Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Xinhai Rendan Shaoguan Tungsten Co.,
    Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Minmetals Gao'an Non-ferrous Metals
      Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Ganzhou Jiangwu Ferrotungsten Co.,
    Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Yaosheng Tungsten Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Xinsheng Tungsten Industry Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Tonggu Non-ferrous Metallurgical &amp;
      Chemical Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Malipo Haiyu Tungsten Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Xiamen Tungsten (H.C.) Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Gan Bei Tungsten Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Ganzhou Seadragon W &amp; Mo Co.,
Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Asia
      Tungsten Products Vietnam Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Vietnam</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Chenzhou Diamond Tungsten Products Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Dayu
      Jincheng Tungsten Industry Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Xiushui Xianggan Nonferrous Metals Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Ganzhou Yatai Tungsten Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck GmbH</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>H.C.
      Starck Smelting GmbH &amp; Co.KG</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Nui
      Phao H.C. Starck Tungsten Chemicals Manufacturing LLC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Vietnam</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangwu H.C. Starck Tungsten Products Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Hunan Chuangda Vanadium Tungsten Co., Ltd.
      Wuji</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Niagara Refining LLC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Jiangxi Dayu Longxintai Tungsten Co.,
      Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Hydrometallurg, JSC</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Russian Federation</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Unecha Refractory metals plant</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Russian Federation</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; vertical-align: middle; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT size=2 face="Times New Roman">South-East Nonferrous Metal Company Limited of
      Hengyang<BR>City</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; vertical-align: middle; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Philippine Chuangxin Industrial Co.,
    Inc.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Philippines</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; vertical-align: middle; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT size=2 face="Times New Roman">Xinfeng Huarui Tungsten &amp; Molybdenum New Material
      Co.,<BR>Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; vertical-align: middle; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>ACL
      Metais Eireli</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; vertical-align: middle; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Woltech Korea Co., Ltd.</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Korea (Republic of)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: center; width: 10%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Tungsten</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 49%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Moliren Ltd</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 40%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Russian
Federation</FONT></TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><FONT face="Times New Roman" size=2>Annex 2</FONT></B></P>
<P align=center><FONT face="Times New Roman" size=2>Country of Origin
</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><B><FONT face="Times New Roman" size=2>Gold</FONT></B></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><B><FONT face="Times New Roman" size=2>Tantalum</FONT></B></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><B><FONT face="Times New Roman" size=2>Tin</FONT></B></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-top: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><B><FONT face="Times New Roman" size=2>Tungsten</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Australia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Austria</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Belgium</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Austria</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Austria</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Bolivia (Plurinational State of)</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Belgium</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Brazil</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Estonia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Canada</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Indonesia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>China</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>India</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Korea (republic of)</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Czech republic</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Malaysia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Philippines</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>France</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kazakhstan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Peru</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Russian federation</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Germany</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Macedonia (the former<BR>Yugoslav Republic
      of)</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Philippines</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>India</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Mexico</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Poland</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Vietnam</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Indonesia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Russian federation</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Rwanda</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Italy</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Thailand</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Spain</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Japan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Taiwan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kazakhstan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Thailand</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Korea (Republic of)</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Kyrgyzstan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Vietnam</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Malaysia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Mexico</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Netherlands</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>New
      Zealand</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Philippines</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Poland</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Russian Federation</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Saudi Arabia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Singapore</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>South Africa</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Spain</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Sudan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Sweden</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Switzerland</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Taiwan, Province of<BR>China</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Thailand</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Turkey</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United Arab Emirates</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>United States of America</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Uzbekistan</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Zambia</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"><FONT face="Times New Roman" size=2>Zimbabwe</FONT></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD>
    <TD NOWRAP STYLE="border-right: #000000 1pt solid; border-bottom: #000000 1pt solid; text-align: left; width: 25%; padding-right: 4pt; padding-left: 4pt"></TD></TR></TABLE><BR>
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