<SEC-DOCUMENT>0001193125-15-206420.txt : 20150529
<SEC-HEADER>0001193125-15-206420.hdr.sgml : 20150529
<ACCEPTANCE-DATETIME>20150529150500
ACCESSION NUMBER:		0001193125-15-206420
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20141231
</ITEM>
<ITEM>
<ITEM-NUMBER>1.02
<ITEM-PERIOD>20141231
</ITEM>
</RULE>
FILED AS OF DATE:		20150529
DATE AS OF CHANGE:		20150529

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FOSTER L B CO
		CENTRAL INDEX KEY:			0000352825
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051]
		IRS NUMBER:				251324733
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10436
		FILM NUMBER:		15899012

	BUSINESS ADDRESS:	
		STREET 1:		415 HOLIDAY DR
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15220
		BUSINESS PHONE:		4129283431

	MAIL ADDRESS:	
		STREET 1:		415 HOLIDAY DR
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15220
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>d933373dsd.htm
<DESCRIPTION>SD
<TEXT>
<HTML><HEAD>
<TITLE>SD</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM SD
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Specialized Disclosure Report </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>L.B. Foster
Company </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Pennsylvania</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>000-10436</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>25-1324733</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="49%"></TD></TR>

<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>415 Holiday Drive, Pittsburgh, Pennsylvania</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>15220</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"><B>(Address of principal executive offices)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>David J. Russo,
(412)-928-3417 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Name and telephone number, including area code, of the person to contact in connection with this report) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">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: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January&nbsp;1 to December&nbsp;31, 2014. </TD></TR></TABLE>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Section&nbsp;1 &#150; Conflict Minerals Disclosure </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;1.01 and 1.02 Conflict Minerals Disclosure and Report, Exhibit </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Conflict Minerals Disclosure </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B></B>A copy of L.B.
Foster&#146;s Conflict Minerals Report for the reporting period January&nbsp;1, 2014 to December&nbsp;31, 2014 is provided as Exhibit 1.01 hereto and is publicly available at <U>http://www.lbfoster.com/</U>. Based upon representations made by the
Company&#146;s suppliers, L.B. Foster Company is unable to conclude, for some of its products, whether or not the origin of the conflict minerals used in its products during calendar year 2014 were sourced from the Democratic Republic of the Congo
or adjoining countries (as defined by Rule 13p-1) or come from recycled or scrap sources. <B> </B></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Section&nbsp;2 &#150; Exhibits </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;2.01 Exhibits </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The following exhibit is filed as
part of this report: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:25.30pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>1.01</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Conflict Minerals Report of L.B. Foster Company.</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">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 undersigned hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="43%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">L.B. FOSTER COMPANY</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">(Registrant)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">May 29, 2015</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ David J. Russo</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">David J. Russo</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Senior Vice President, Chief Financial Officer and Treasurer</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>EXHIBIT INDEX </U></B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:28.45pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit<BR>Number</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>1.01</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Conflict Minerals Report dated May&nbsp;29, 2015, of L.B. Foster Company.</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>d933373dex101.htm
<DESCRIPTION>EX-1.01
<TEXT>
<HTML><HEAD>
<TITLE>EX-1.01</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 1.01 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>L.B. FOSTER COMPANY </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Conflict Minerals Report </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>For the reporting period from January&nbsp;1, 2014 to December&nbsp;31, 2014 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This Conflict Minerals Report (the &#147;Report&#148;) of L.B. Foster Company (the &#147;Company&#148;) has been prepared pursuant to Rule 13p-1 and Form SD
(collectively, the &#147;Rule&#148;) promulgated under the Securities Exchange Act of 1934, as amended, for the reporting period January&nbsp;1, 2014 to December&nbsp;31, 2014. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Rule requires disclosure of certain information when a company manufactures or contracts to manufacture products for which the minerals specified in the
Rule are necessary to the functionality or production of those products. The specified minerals are gold, columbite-tantalite (coltan), cassiterite, and wolframite, including their derivatives, which are limited to tantalum, tin, and tungsten
(collectively the &#147;Conflict Minerals&#148;). The &#147;Covered Countries&#148; for purposes of the Rule are the Democratic Republic of the Congo and the Adjoining Countries (as defined in the Rule). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As further described in this Report, the Company has determined that certain of its operations manufacture or contract to manufacture products that may
contain Conflict Minerals that are necessary to the functionality or production of such products. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">L.B. Foster Company&#146;s policy relating to the
Conflict Minerals (the &#147;Company Policy&#148;), can be viewed on the Company&#146;s website at <U>http://www.lbfoster.com/corporate/conflict_minerals.asp</U>. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Description of the Company&#146;s Products Covered by this Report </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">L.B. Foster Company is a leading manufacturer, fabricator, and distributor of products and services for the rail, construction, energy, and utility markets.
For rail markets, the Company provides a full line of new and used rail, trackwork, and accessories to railroads, mines, and industry. The Company also designs and produces concrete railroad ties, insulated rail joints, power rail, track fasteners,
coverboards, and special accessories for mass transit and other rail systems worldwide. Additionally, the Company engineers, manufactures, and assembles friction management products and railway wayside data collection and management systems. For the
construction industry, the Company sells steel sheet piling, H-bearing piling, and pipe piling, and provides rental sheet piling for foundation requirements. In addition, the Company supplies precast concrete buildings and other precast concrete
products, bridge decking, bridge railing, expansion joints, and other products for highway construction and repair. For tubular markets, the Company supplies pipe coatings for natural gas pipelines and utilities. The Company also produces threaded
pipe products for industrial water well and irrigation markets. Based upon Instruction 3 to Item&nbsp;1.01 of Form SD, the Company is not reporting on products manufactured or contracted to be manufactured by FWO and Chemtec Energy Services, which
were acquired by the Company on October&nbsp;29, 2014 and December&nbsp;30, 2014, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This Report relates to the Company&#146;s products
(i)&nbsp;for which Conflict Minerals are necessary to the functionality or production of that product; (ii)&nbsp;that were manufactured or contracted to be manufactured by the Company; and (iii)&nbsp;for which the manufacture was completed during
calendar year 2014. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">L.B. Foster Company does not directly purchase Conflict Minerals. It purchases components that it uses in the products it
manufactures. The Company identified certain products sold by the Company, which are listed below, as possibly containing Conflict Minerals that are necessary to the functionality or production of the products. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">These products, which are referred to in the remainder of this Report as the &#147;Covered Products,&#148; are
the following: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Rail segment: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:31%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="34">&nbsp;</TD>
<TD WIDTH="19" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Trackwork products </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="34">&nbsp;</TD>
<TD WIDTH="19" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Rail switches, fasteners, and assemblies </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="34">&nbsp;</TD>
<TD WIDTH="19" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Friction management / modification products
</TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:left; margin-left:0.5%; margin-right:0.5%; width:31%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="26" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Insulated joints </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="26" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Track components </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="26" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Wayside data collection and management systems
</TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:left; width:32%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="26" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Pre-stressed concrete ties </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="26" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Transit products and accessories </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="26" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Materials handling units </TD></TR></TABLE></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Construction segment: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:31%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="34">&nbsp;</TD>
<TD WIDTH="19" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Precast concrete buildings and products
</TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:left; margin-left:0.5%; margin-right:0.5%; width:31%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="26" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Bridge decking, forms, and railing
</TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:left; width:32%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Tubular segment: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="34">&nbsp;</TD>
<TD WIDTH="19" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Threaded pipe products </TD></TR></TABLE> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The
Company&#146;s Reasonable Country of Origin inquiries and Due Diligence Process </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Our calendar year 2014 approach requested additional information from
our suppliers beyond the scope of our calendar year 2013 reasonable country of origin inquiries. The January&nbsp;1, 2014 through December&nbsp;31, 2014 reasonable country of origin inquiries primarily consisted of sending the Electronic Industry
Citizenship Coalition-Global e-Sustainability Initiative&#146;s Conflict Minerals Reporting template (the &#147;Template&#148;) to each of our direct suppliers of components used in the products identified above. The Template requested
representations and smelter data from our suppliers of components used in our manufactured products that may contain Conflict Minerals. Our supply chain, with respect to the Covered Products is complex, as there are many third-parties in the supply
chain between us, as the ultimate manufacturer of the Covered Products, and the original sources of Conflict Minerals, which are not apparent to us. The Template requested our direct suppliers to provide information on their supply chain and respond
whether or not the products sold to the Company contained Conflict Minerals that originated in Covered Countries or came from recycled or scrap material. The Template includes questions regarding our supplier&#146;s Conflict Mineral policy,
engagement with its direct suppliers and a listing of the mines, smelters, or refiners (&#147;Smelters&#148;) providing inputs to the supplier&#146;s product. The large majority of the responses to the Template provided data at the supplier company
level or a segment level relative to the supplier, rather than at a level directly relating to the component parts that the supplier supplied to the Company. Therefore, we are unable to determine whether any of the Conflict Minerals that these
suppliers reported were contained in the components that were supplied to the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Our reasonable country of origin inquiries involved following up
with non-responsive suppliers multiple times; yet, despite our good faith efforts, such inquires did not yield the desired number of responses or the necessary depth of information from suppliers. As a result of our inability to obtain complete,
detailed responses from all of our solicited suppliers, we were unable to reach any conclusions regarding the existence of Conflict Minerals in the Covered Products or the origin of Conflict Minerals in those instances where Conflict Minerals may
have been incorporated into the Covered Products. For all supplier responses received, the Company exercised due diligence on the source and chain of custody of Conflict Minerals contained in the products we manufactured or contracted to manufacture
in calendar year 2014. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">One vendor advised the Company that it had identified at least one Smelter from which it obtained Conflict
Minerals from the Covered Countries, but did not state whether such Conflict Minerals were used in components that it sells to the Company. This vendor was unable to identify the Smelter, and therefore, the Company could not determine whether or not
the Smelter was compliant with the Conflict Free Smelter Program assessment protocols. During 2015, the Company has initiated efforts in an attempt to eliminate this vendor from our supply chain. The Company intends to begin sourcing materials from
suppliers who have not identified non-compliant vendors with Conflict Minerals from Covered Countries within their supply chain as a result of their current due diligence process. As previously mentioned, many suppliers addressed Conflict Minerals
from Covered Countries used by the supplier, but were not specific to the components purchased by the Company. Therefore, we remain uncertain with regard to whether the Conflict Minerals sourced from the Covered Countries are included within our
manufactured products. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As discussed further below, we undertook additional due diligence efforts including direct calls, internet searches and follow-up
emails in an attempt to clarify the following with respect to the Conflict Minerals identified by our suppliers: (i)&nbsp;country of origin; (ii)&nbsp;whether the Conflict Minerals financed or benefited armed groups in those countries;
(iii)&nbsp;accurate smelter information; (iv)&nbsp;whether the Conflict Minerals came from recycled or scrap sources; and (v)&nbsp;whether the Conflict Minerals were included in the components sold to the Company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In exercising due diligence on the source and chain of custody of the Conflict Minerals, we conformed our due diligence efforts to the guidance provided by
the <I>Organisation for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Second Edition</I>, including the related supplements on gold, tin, tantalum
and tungsten (the &#147;OECD Guidance&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company does not purchase Conflict Minerals directly from Smelters and, therefore, must rely on its
suppliers to provide information regarding the origin of the Conflict Minerals that are included in the Covered Products. The Company has taken steps to identify the applicable Smelters of Conflict Minerals in our supply chain. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Our calendar year 2014 reasonable country of origin inquiries and due diligence procedures produced a response rate which confirmed that greater than 50% of
our suppliers did not purchase Conflict Minerals from Covered Countries. Additionally, the confirmed suppliers represented a significant majority of our 2014 expenditures subject to the Rule. Although certain of the Company&#146;s suppliers continue
to evaluate their supply chain, our suppliers identified Smelters from which they acquired Conflict Minerals that they included in their products. The Company compared the Smelter data within our supply chain to the list of smelter facilities which
have been determined to be compliant. The final list included 153 unique known and certified smelters included within Schedule A. The Company will work toward obtaining additional supplier responses in future periods as well as validating the
Smelters who were unknown and / or not listed as compliant. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As a result of our due diligence efforts, we were unable to definitively conclude that the
products we manufacture or contract to manufacture were free of Conflict Minerals that originated in the Covered Countries, or that they did come from recycled or scrap materials. Therefore, we were unable to determine, after conducting the
reasonable country of origin inquiries and subsequently exercising the required due diligence, the country of origin for the Conflict Minerals in the Covered Products, for any such products that may incorporate Conflict Minerals. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Steps Taken to Mitigate Risk </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In 2015, we have taken, or plan to take, the following steps to mitigate the risk that our necessary Conflict Minerals benefit armed groups. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Continue to deploy our supply chain policy in accordance with OECD recommendations. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Enhance management processes to ensure risks related to the acquisition of components containing Conflict Minerals are adequately managed. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Structure internal systems to support supply chain due diligence. This includes the assignment of responsibility to senior staff to oversee the process and ensure availability of resources, and implementation of
&#147;up the chain&#148; communication processes. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Further augment our reasonable country of origin and due diligence process with our vendors. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Increase our supplier response rate and the validation of Smelter information by substituting vendors that use Conflict Minerals from the Covered Countries for the vendors that do not. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Raise the awareness of suppliers to their use of conflict-free minerals and alert them to a potential request for an audit to prove that they are conflict free. </TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Independent Audit Report </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">No independent private sector audit of the Conflict Minerals Report is required. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Schedule A </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The following lists the Smelters identified by our vendors as sources for their products that are certified by the &#147;Conflict Free Smelter Program&#148;.
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="67%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="19%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:19.95pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Metal</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:78.10pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Smelter Reference List</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:57.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Smelter Country</B></P></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Aida Chemical Industries Co. Ltd.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Allgemeine Gold- &amp; Silberscheideanstalt</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">AngloGold Ashanti C&oacute;rrego do S&iacute;tio Miner&ccedil;&atilde;o</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">BRAZIL</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Argor-Heraeus SA</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">SWITZERLAND</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Asahi Pretec Corporation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Atasay Kuyumculuk Sanayi Ve Ticaret A.S.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">TURKEY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Aurubis AG</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Boliden AB</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">SWEDEN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">C. Hafner GmbH + Co. KG</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Xstrata Canada Corporation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">CANADA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Chimet S.p.A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">ITALY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Dowa Metals &amp; Mining. Kosak Seiren</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Eco-System Recycling Co., Ltd.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">EM Vinto</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">BOLIVIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Heimerle + Meule GmbH</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Heraeus Ltd Hong Kong</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Heraeus Precious Metals GmbH &amp; Co. KG</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Ishifuku Metal Industry Co., Ltd.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Istanbul Gold Refinery</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">TURKEY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Japan Mint</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Johnson Matthey Inc</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Johnson Matthey Ltd</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">CANADA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JSC Ekaterinburg Non-Ferrous Metal Processing Plant</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">RUSSIAN&nbsp;FEDERATION</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JSC Uralelectromed</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">RUSSIAN FEDERATION</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JX Nippon Mining &amp; Metals Co., Ltd.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Kazzinc Ltd</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">KAZAKHSTAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Kennecott Utah Copper LLC</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Kojima Chemicals Co. Ltd</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">L&#146; azurde Company For Jewelry</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">SAUDI ARABIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">LS-NIKKO Copper Inc.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">KOREA, REPUBLIC OF</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Williams Advanced Materials</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Matsuda Sangyo Co., Ltd.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Metalor Technologies (Hong Kong) Ltd</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">HONG KONG</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Metalor Technologies (Singapore) Pte. Ltd.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">SINGAPORE</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Metalor Technologies SA</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">SWITZERLAND</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Metalor USA Refining Corporation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Met-Mex Pe&ntilde;oles, S.A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">MEXICO</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Mitsubishi Materials Corporation</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Mitsui Mining and Smelting Co., Ltd.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nadir Metal Rafineri San. Ve Tic. A.&#350;.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">TURKEY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nihon Material Co. LTD</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Ohio Precious Metals, LLC</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Ohura Precious Metal Industry Co., Ltd</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">OJSC &#147;The Gulidov Krasnoyarsk Non-Ferrous Metals Plant&#148; (OJSC Krastvetmet)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">RUSSIAN FEDERATION</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">PAMP SA</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">SWITZERLAND</TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="67%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="19%"></TD></TR>

<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Aneka Tambang (Persero) Tbk</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Tambang Timah</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Timah</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PX Pr&eacute;cinox SA</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">SWITZERLAND</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Rand Refinery (Pty) Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">SOUTH AFRICA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Royal Canadian Mint</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CANADA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Schone Edelmetaal</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">NETHERLANDS</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">SEMPSA Joyeria Plateria SA</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">SPAIN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Shandong Zhaojin Gold &amp; Silver Refinery Co. Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Solar Applied Materials Technology Corp.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">TAIWAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Sumitomo Metal Mining Co. Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Tanaka Denshi Kogyo K.K</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">China&#146;s Shandong Gold Mining Co., Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Tokuriki Honten Co. Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Umicore Brasil Ltda</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BRAZIL</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">United Precious Metal Refining, Inc.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED&nbsp;STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">United Precious Metal Refining, Inc.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Valcambi SA</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">SWITZERLAND</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Western Australian Mint trading as The Perth Mint</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">AUSTRALIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">YAMAMOTO PRECIOUS METAL CO., LTD.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Shandong Zhaoyuan Gold Argentine refining company</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Zijin Mining Group Co. Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Umicore Precious Metals Thailand</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">THAILAND</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Gold</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Republic Metals Corporation</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Changsha South Tantalum Niobium Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Conghua Tantalum and Niobium Smeltry</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Douluoshan Sapphire Rare Metal Co Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Exotech Inc.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">F&amp;X Electro-Materials Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Guangdong Zhiyuan New Material Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Hi-Temp</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JiuJiang JinXin Nonferrous Metals Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JiuJiang Tambre Co. Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">King-Tan Tantalum Industry Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">LSM Brasil S.A.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BRAZIL</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Metallurgical Products India (Pvt.) Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Minera&ccedil;&atilde;o Taboca S.A.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BRAZIL</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Mitsui Mining and Smelting Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum&nbsp;*</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Mitsui Mining and Smelting Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Molycorp Silmet A.S.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">ESTONIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Ningxia Orient Tantalum Industry Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">QuantumClean</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">RFH Tantalum Smeltry Co., Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Solikamsk Metal Works</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">RUSSIAN&nbsp;FEDERATION</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Taki Chemicals</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Telex</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">ULBA Metallurgical Plant JSC</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">KAZAKHSTAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Zhuzhou Cement Carbide</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Hengyang King Xing Lifeng New Materials Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="74%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">KEMET Blue Metals</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">MEXICO</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Plansee SE Liezen</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">AUSTRIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">H.C. Starck Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">THAILAND</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">H.C. Starck GmbH Goslar</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">H.C. Starck GmbH Laufenburg</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">H.C. Starck Hermsdorf GmbH</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">H.C. Starck Inc.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED&nbsp;STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">H.C. Starck Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">H.C. Starck Smelting GmbH &amp; Co.KG</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Plansee SE Reutte</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">AUSTRIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Global Advanced Metals Boyertown</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Global Advanced Metals Aizu</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tantalum</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">KEMET Blue Powder</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">China Rare Metal Materials Company</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Alpha Metals</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Cooper Santa</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BRAZIL</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CV United Smelting</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Dowa</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Complejo Metalurico Vinto S.A.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BOLIVIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Gejiu Non-Ferrous Metal Processing Co. Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Heraeus Ltd Hong Kong</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Heraeus Hanau</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">GERMANY</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Malaysia Smelting Corporation (MSC)</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">MALAYSIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Minera&ccedil;&atilde;o Taboca S.A.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BRAZIL</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Minsur S.A. Tin Metal</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PERU</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Mitsubishi Materials Corporation</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Mitsubishi Materials Corporation</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">OMSA - Operaciones Metal&uacute;rgicas S. A.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BOLIVIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Artha Cipta Langgeng</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Babel Inti Perkasa</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Bangka Putra Karya</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Bangka Tin Industry</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Belitung Industri Sejahtera</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Bukit Timah</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT DS Jaya Abadi</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Eunindo Usaha Mandiri</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Mitra Stania Prima</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Panca Mega Persada</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CV Prima Timah Utama</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Refined Bangka TIN (RBT)</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Sariwiguna Binasentosa</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Stanindo Inti Perkasa</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Tambang Timah Tbk (Persero)</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Indonesia State Tin Corporation, MentokSmelter</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT Tinindo Inter Nusa</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Sumitomo Metal Mining Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Thailand Smelting and Refining Co. Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">THAILAND</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">White Solder Metalurgia e Minera&ccedil;&atilde;o Ltda.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BRAZIL</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Yunnan Tin Company Limited</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Magnu&#146;s Minerais Metais e Ligas LTDA</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BRAZIL</TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="74%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Melt Metais e Ligas S/A</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">BRAZIL</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tin</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">PT ATD Makmur Mandiri Jaya</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">INDONESIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Fujian Jinxin Tungsten Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Global Tungsten &amp; Powders Corp.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED&nbsp;STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Hunan Chun-Chang Nonferrous Smelting &amp; Concentrating Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Japan New Metals Co Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Ganzhou Huaxin Tungsten Products Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten&nbsp;*</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JX Nippon Mining and Metals Co., LTD</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Materion</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">UNITED&nbsp;STATES</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Mitsubishi Materials Corporation</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Ningxia Orient Tantalum Industry Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Sumitomo Metal Mining Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">JAPAN</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Vietnam Youngsun Tungsten Industry Co., Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">VIET NAM</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Wolfram Bergbau und H&uuml;tten AG</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">AUSTRIA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Xiamen Tungsten Co., Ltd</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten *</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Zhuzhou Cement Carbide</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Ganzhou Jiangwu Ferrotungsten Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Malipo Haiyu Tungsten Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Xiamen Tungsten (H.C.) Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Jiangxi Gan Bei Tungsten Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Ganzhou Seadragon W &amp; Mo Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Tungsten</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Chenzhou Diamond Tungsten Products Co., Ltd.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">CHINA</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top">Smelters included multiple times for each mineral sourced. </TD></TR></TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
