1. 171 Bush Telegraph Street Northlands Business Park NorthridingJohannesburg PO Box 2186 Sundowner, 2161 Internet: www.maXem.co.za E-Mail: info@maXem.co.za Tel: +27 (0)11 704-6026 Fax: +27 (0)11 462-8740 Group Innovative Excellence

2. Introduction Mk V Services c.c. was founded by Mark van Schaik in 1997 and is effectively the beginning of the maXem Group of companies. Mk V Services primarily traded in engineering development, manufacture and support to mining industries. The Group has since expanded its core business into contract mining solutions and has grown to incorporate several additional companies and supply agencies that enhance our market offering. Group Innovative Excellence

3. Group Vision To be the preferred and most successful junior mining, engineering and construction service and technology supplier in Africa Group Innovative Excellence

4. Group Mission To harness entrepreneurial passion into focused business units and to channel these expertise into innovative value adding solutions for our customer. Group Innovative Excellence

5. Core Beliefs Our People are our Core Resource. Our People are our Core Resource. Core Resources must be focused in their areas of excellence. Core Resources must be focused in their areas of excellence. Training is essential to continuous improvement and extending our areas of excellence. Training is essential to continuous improvement and extending our areas of excellence. Equal opportunities must be available to all. Equal opportunities must be available to all. Team work is essential, individually we are never perfect but collectively we can come very close. Team work is essential, individually we are never perfect but collectively we can come very close. Group Innovative Excellence

6. Key Equity Partners Entrepreneurial Core Resources must not be employees, they must become Key Equity Partners. Entrepreneurial Core Resources must not be employees, they must become Key Equity Partners. These Key Equity Partners will ensure maXems immediate and long term success by providing: These Key Equity Partners will ensure maXems immediate and long term success by providing: Passionate focus on achieving our goals. Passionate focus on achieving our goals. Effective training and development. Effective training and development. Retention of Skills. Retention of Skills. Group Innovative Excellence

7. Organigram

8. Core Competencies Mining Systems Feasibility and Modeling Mining Systems Feasibility and Modeling Turnkey Project Management Turnkey Project Management Contract Mining Contract Mining Long Hole Stoping Long Hole Stoping Drop and Inverse Raising Drop and Inverse Raising Mechanised Development Mechanised Development Skills Identification, Hire and Placements Skills Identification, Hire and Placements Engineering Design Manufacture and Support Engineering Design Manufacture and Support Maintenance Consumables and Spares Support Maintenance Consumables and Spares Support Mining and Engineering Supplies. Mining and Engineering Supplies. Custom Database and Software Development Custom Database and Software Development Group Innovative Excellence

9. Service Guarantees All our business are based on sound mathematical modeling and practical bench marking. All our business are based on sound mathematical modeling and practical bench marking. All our contracting activities are monitored Actual to Tender by means of our own custom developed software – DataGain All our contracting activities are monitored Actual to Tender by means of our own custom developed software – DataGain We believe that there is always a solution and that cant is rarely an option. We believe that there is always a solution and that cant is rarely an option. We believe in Partner Relationships and Risk Sharing with our Customers. We believe in Partner Relationships and Risk Sharing with our Customers. If you are successful, we are successful. Group Innovative Excellence

10. Operating Results Turnover2008/02/28 +- R28 million pa Turnover2008/02/28 +- R28 million pa Net Asset Value2008/02/28 +- R15 million (un leveraged) Net Asset Value2008/02/28 +- R15 million (un leveraged) Safety2008/07/31 Safety2008/07/31 Group Innovative Excellence

11. Human Resources Employees [ In no particular order ] 51 Employees [ In no particular order ] 51 White Male41% White Male41% Black Male33% Black Male33% White Female10% White Female10% Black Female6% Black Female6% Management [ In no particular order ] 8 Management [ In no particular order ] 8 White Male75% White Male75% Black Male0% Black Male0% White Female25% White Female25% Black Female0% Black Female0% Labour Innovative Excellence

12. Core Business Conduit to market for all Group Companies Conduit to market for all Group Companies Group Planning and Management Group Planning and Management Group Financial Control Group Financial Control Group Logistical Support Group Logistical Support Central Buying and Stock Holding Central Buying and Stock Holding Wassara Distributor for Raise-Tech Long Hole Drill Rigs Wassara Distributor for Raise-Tech Long Hole Drill Rigs Holdings Innovative Excellence

13. Core Business Labour Broker Supplying Group HR Requirements Labour Broker Supplying Group HR Requirements Skills Placements and Labour Broking Skills Placements and Labour Broking Recruiting, Advertising and Head Hunting Recruiting, Advertising and Head Hunting Employment Contracts held in maXem Labour Employment Contracts held in maXem Labour Providing skills versatility to all Group Companies Providing skills versatility to all Group Companies Future Goals Future Goals Training Academy Training Academy Labour Innovative Excellence

14. Core Business Customised Product Development, Design, Manufacture and Support Customised Product Development, Design, Manufacture and Support Long Hole Drilling Equipment Design and Manufacture Long Hole Drilling Equipment Design and Manufacture Equipment Upgrades, Modifications and Rebuilds Equipment Upgrades, Modifications and Rebuilds Wassara Drilling Equipment Support Wassara Drilling Equipment Support General Maintenance and Repairs General Maintenance and Repairs General Manufacturing General Manufacturing Engineering Innovative Excellence

15. Core Business DataGain DataGain Web enabled production management database Web enabled production management database IT Innovative Excellence

16. Core Business Turnkey Project Management [ Brown and Greenfield Mine Development ] Turnkey Project Management [ Brown and Greenfield Mine Development ] Mining Consulting Mining Consulting Contract Mining – Underground and Surface Contract Mining – Underground and Surface Long Hole Stoping Long Hole Stoping Drop and Inverse Raising Drop and Inverse Raising Mechanised Rapid Access Development Mechanised Rapid Access Development DataMine screen dumps of typical narrow vein, steep dip mining Mining Innovative Excellence

17. Core Business Contract Mining Contract Mining Long Hole Production Drilling Long Hole Production Drilling Typical narrow vein, steep dipping, underground operationsSolo CMAC Long Hole drill rig World Drilling Innovative Excellence

18. Core Business Contract Mining Contract Mining Drop and Inverse Raising Drop and Inverse Raising Preparation of underground siloComplete Inverse RaiseIn the hole survey prior to charging of blind hole slot Drop Raising Innovative Excellence

19. 100mm Air Line 50mm Water Line 52 mm Blasting Holes Drilling Pilot 52 mm, Ream Cut holes top down to 102mm Drain Hole up to 127 mm 100mm Air Line 50mm Water Line ??m at ??° Drop Raising Innovative Excellence

20. 171 Bush Telegraph Street Northlands Business Park NorthridingJohannesburg PO Box 2186 Sundowner, 2161 Internet: www.maXem.co.za E-Mail: info@maXem.co.za Tel: +27 (0)11 704-6026 Fax: +27 (0)11 462-8740 Group Innovative Excellence