ORIGINAL

CRUDE OIL ASSAY REPORT

ASSAY CONDUCTED FOR : SAMPLE DESCRIPTION: Chemsain Konsultant Sdn Bhd Miri Crude Oil

SAMPLE NO: REPORT NO: JOB NUMBER: DATE REPORTED: PREPARED AND CHECKED BY:

C4104/07 LB4867 ( Revision 1 ) 1452/07 12/17/2007 Gerard Chin

TBP & SIMULATED DIST. GRAPH

600

500

400

TEMPERATURE ( C )

TRUE BOILING POINT CURVE

300

SIMULATED DISTILLATION CURVE 200

100

0 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0 100.0 CUMMULATIVE WEIGHT %

04 Dec 2007

Miri Crude Oil Assay Report

SUMMARY OF PRODUCT CUT POINTS AND YIELDS

CUT POINT ( C ) PRODUCT LPG C5 - 140 140 - 185 185-230 140 - 230 230 - 330 330-370 230-370 370 - 450 450-513 513+ Naphtha Naphtha / Kerosene Kerosene Kerosene Kerosene / Light Gas Oil Heavy Gas Oil Light Gas Oil / Heavy Gas Oil Light Vacuum Gas Oil Vacuum Gas Oil Vacuum Residue YIELD ON YIELD ON

CRUDE ( vol. % ) CRUDE ( wt. % ) 0.56 0.35 15.16 8.57 8.84 17.42 37.34 8.11 45.45 15.33 1.86 4.23 13.56 8.22 8.69 16.91 37.82 8.39 46.21 16.14 2.06 4.78

4 Dec 2007

Miri Crude Assay Report

TRUE BOILING POINT DATA

CUT NUMBER 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 CUT POINT AET C LPG 70 90 140 155 185 220 230 260 330 340 350 370 380 450 513 513+ YIELD % ON CRUDE WEIGHT % VOLUME CUT CUM ml 0.35 0.35 55.0 1.79 2.14 216.3 2.23 4.36 261.0 9.54 13.91 1022.0 2.65 16.56 275.2 5.57 22.12 573.1 5.65 27.77 571.9 3.04 30.81 303.0 13.19 44.01 1294.4 24.63 68.63 2399.4 2.66 71.30 255.9 1.80 73.10 172.7 3.93 77.03 374.1 2.05 79.08 195.3 14.09 93.17 1321.4 2.06 95.22 183.8 4.78 100.00 418.4 DENSITY at 15 C kg/l 0.5315 0.6959 0.7166 0.7848 0.8082 0.8166 0.8298 0.8440 0.8566 0.8625 0.8751 0.8760 0.8826 0.8822 0.8960 0.9404 0.9592

WEIGHT gram 29.2 150.5 187.0 802.1 222.4 468.0 474.6 255.7 1108.8 2069.5 223.9 151.3 330.2 172.3 1184.0 172.8 401.3

VOLUME % CUT CUM 0.56 0.56 2.19 2.74 2.64 5.38 10.33 15.71 2.78 18.49 5.79 24.29 5.78 30.07 3.06 33.13 13.08 46.21 24.25 70.47 2.59 73.05 1.75 74.80 3.78 78.58 1.97 80.56 13.36 93.91 1.86 95.77 4.23 100.00

HOLD UP LOSS
WEIGHT OF SAMPLE ( gm )

184.2 73.4 8661.2 0.8714 9939.4

DENSITY @ 15C OF CHARGE ( kg/l )

VOLUME OF CHARGE @ 15C ( vol )

4 Dec 2007

Miri Crude Assay Report

SIMULATED DISTILLATION DATA

Boiling Point ( C ) IBP 2.6 1 29.1 2 52.9 3 70.5 4 83.0 5 92.8 6 104.3 7 104.9 8 105.4 9 114.2 10 120.4 11 124.2 12 128.1 13 136.7 14 141.3 15 147.6 16 153.6 17 161.0 18 165.7 19 170.7 20 175.3 21 181.5 22 187.4 23 193.6 24 197.8 25 203.1 26 208.6 27 213.3 28 217.0 29 221.4 30 226.2 31 230.5 32 233.2 33 235.9 34 239.7 35 244.1 36 247.9 37 251.0 38 253.0 39 254.9 40 256.7 41 259.8 42 261.9 43 264.6 44 266.5 45 268.8 46 271.4 47 273.4 48 276.6 49 279.9 50 282.7

No

Cum Yield ( Mass % ) 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50

No 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99

Boiling Point ( C ) 286.1 288.6 292.4 295.9 298.4 301.9 303.9 304.8 308.1 311.8 315.5 318.2 321.7 326.0 330.2 333.1 337.7 342.3 345.8 350.5 355.3 359.3 364.5 369.3 374.1 379.6 384.0 389.7 394.3 400.0 405.0 411.2 416.3 421.8 426.4 431.2 435.2 439.7 443.2 447.5 452.1 457.2 462.5 468.7 476.7 490.1 505.0 524.1 555.0

Cum Yield ( Mass % ) 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99

4 Dec 2007

Miri Crude Assay Report

LIGHT HYDROCARBON ANALYSIS

RESULTS COMPOSITION METHOD LIQUIFIED PETROLEUM GAS WT % ON FRACTION METHANE GC 3.40 ETHANE GC 10.99 PROPANE GC 42.68 I-BUTANE GC 16.19 N-BUTANE GC 20.18 I-PENTANE GC 3.01 N-PENTANE GC 1.32 N-HEXANE+ GC 0.33 CARBON DIOXIDE GC 1.90

NO. 1 2 3 4 5 7 8 9 10

4 Dec 2007

Miri Crude Assay Report

DETAILED HYDROCARBON ANALYSIS

RESULTS NAPHTHA (C5 - 140 ) WT % ON FRACTION 40.54 0.00 48.79 10.14 0.00 0.53 0.12 1.78 6.49 18.94 30.60 24.66 13.77 3.09 0.02 0.00 0.00 0.00 0.12 1.78 5.57 7.95 7.12 9.24 6.14 2.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.92 10.46 20.44 10.73 5.87 0.36 0.02 0.00 0.00 0.54 3.04 4.68 1.77 0.11 0.00 0.00 RESULTS NAPHTHA (C140 - 185) WT % ON FRACTION 36.20 0.00 25.48 29.59 0.00 8.73 0.00 0.00 0.05 0.54 4.50 15.25 26.83 31.50 10.48 2.12 0.00 8.73 0.00 0.00 0.03 0.09 0.45 2.90 7.24 17.40 7.02 1.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.42 3.23 6.82 9.54 4.34 0.89 0.23 0.00 0.02 0.82 5.53 10.05 9.77 2.56 0.84

NO.

COMPOSITION

METHOD

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54

PARAFFINS OLEFINS NAPHTHENE AROMATIC HEAVIES UNKNOWNS TOTAL C3 TOTAL C4 TOTAL C5 TOTAL C6 TOTAL C7 TOTAL C8 TOTAL C9 TOTAL C10 TOTAL C11 TOTAL C11+ TOTAL HEAVIES TOTAL UNKNOWNS C4 PARAFFINS C4 PARAFFINS C5 PARAFFINS C6 PARAFFINS C7 PARAFFINS C8 PARAFFINS C9 PARAFFINS C10 PARAFFINS C11 PARAFFINS C12 PARAFFINS C13 PARAFFINS C14 PARAFFINS C5 OLEFINS C6 OLEFINS C7 OLEFINS C8 OLEFINS C9 OLEFINS C10 OLEFINS C11 OLEFINS C12 OLEFINS C13 OLEFINS C5 NAPHTHENE C6 NAPHTHENE C7 NAPHTHENE C8 NAPHTHENE C9 NAPHTHENE C10 NAPHTHENE C11 NAPHTHENE C12 NAPHTHENE POLYNAPHTHENE C6 AROMATIC C7 AROMATIC C8 AROMATIC C9 AROMATIC C10 AROMATIC C11 AROMATIC C12 AROMATIC

DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA DHA

4 Dec 2007

Miri Crude Assay Report

PRELIMINARY ANALYSIS ON CHARGE

NO. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 TEST Density @ 15 C API Gravity Basic Sediment & Water Water Content Reid Vapor Pressure @ 37.8C Total Acid Number Flash Point Pour Point ASTM Color Total Sulphur Salt Content Nitrogen Content Ash Content Wax Content Kinematic Viscosity @ 40C Kinematic Viscosity @ 70C Characterisation Factor Gross Calorific Value Mercury Asphaltenes Distillation IBP 5 % recovery 10 % recovery 20 % recovery 30 % recovery 40 % recovery 50 % recovery 60 % recovery 70 % recovery 80 % recovery 90 % recovery 95 % recovery FBP Recovery Residue Loss Metal Sodium (Na) Potassium (K) Copper (Cu) Lead (Pb) Iron (Fe ) Nickel (Ni) Vanadium (V) Arsenic (As) METHOD ASTM D4052 ASTM D1298 ASTM D4007 ASTM D4006 ASTM D323 ASTM D664 IP 170 ASTM D97 ASTM D1500 ASTM D4294 ASTM D3230 ASTM D4629 ASTM D482 DIN 52015 ASTM D445 ASTM D445 UOP 375-59 ASTM D240 CVAFS ASTM D3279 ASTM D86-96 UNIT kg/l degree vol. % vol. % kPa mgKOH/g C C wt % lb/1000bbls ppm wt wt % wt % cSt cSt MJ/kg ppb wt % C C C C C C C C C C C C C % vol % vol % vol ASTM D5863 ASTM D5863 ASTM D5863 ASTM D5863 ASTM D5863 ASTM D5863 ASTM D5863 AAS ppm wt ppm wt ppm wt ppm wt ppm wt ppm wt ppm wt ppb wt RESULTS 0.8714 30.79 0.05 <0.1 16.6 0.19 -11 +3 8.0 0.14 4.2 240 0.066 3.5 3.939 1.987 12.1 43.95 2.58 <0.5 63.5 99.0 125.0 167.5 217.0 249.5 272.0 294.5 328.5

cracking @ 338

22

25.8 1.8 <1.0 7.5 <1.0 4.7 <1.0 <10

4 Dec 2007

Miri Crude Assay Report

ANALYSIS FOR PRODUCT CUT

Tests Yield on Crude Yield on Crude Density @ 15C API Gravity Sulphur Sulphur Nitrogen Total Acid Number Smoke Point Flash Point ( Abel ) Freezing Point Aniline Point Colour Saybolt Kinematic Viscosity @ - 20C Reid Vapour Pressure Cetane Index Ash Content Mercaptan Sulphur Hydrocarbon Types - Paraffins - Olefins - Naphthenes - Aromatics Naphathalene Content Mercury Distillation - Initial Boiling Point - 5% - 10% - 20% - 30% - 40% - 50% - 60% - 70% - 80% - 90% - 95% - Final Boiling Point - Recovery - Residue - Loss Remark : 1) @ - insufficient sample Method Unit vol % wt % kg/l ppm wt wt % ppm wt mgKOH/g mm C C C cSt kPa wt % ppm wt vol % vol % vol % vol % vol % ppb C C C C C C C C C C C C C vol % vol % vol % C5 - 70 2.19 1.79 0.6647 81.33 <3 1 70 - 90 2.64 2.23 0.7267 63.16 <3 1 RESULTS 90 - 140 140 - 155 10.33 2.78 9.54 2.65 0.7625 0.7886 54.01 47.85 16 48 1 1 <0.05 19.5 16.5 >-51 44 + 30 1.103 21.6 0.002 10.4 72.47 0.00 26.31 1.22 <1.0 18 37 43 49 53 58 61 66 71 81 38.50 0.00 57.00 4.43 <1.0 52 67 72 76 79 82 84 87 89 91 94 96 100 99.8 0.2 0.0 35.03 0.00 51.10 13.13 1.62 88 98 105 106 108 111 115 120 125 131 139 147 169 99.2 0.8 0.0 37.89 0.00 33.97 24.39 <0.01 <1.0 120 130 133 137 140 144 148 152 156 160 165 169 180 98.5 1.3 0.2 140 - 185 8.57 8.22 0.8018 45.11 <0.01 2 <0.05 17.0 25.0 >-51 46 + 30 2.126 25.0 0.005 10.2 36.20 0.00 25.48 29.59 <0.01 <1.0 131 141 145 149 154 158 163 168 173 178 183 189 197 99.0 1.0 0.0 155 - 185 5.79 5.57 0.8056 44.06 <0.01 2 <0.05 21.9 29.5 >-51 46 + 30 2.386 27.6 0.006 3.9 35.26 0.00 20.27 27.59 <0.01 <1.0 139 149 153 158 162 166 170 174 178 182 188 193 198 98.5 1.3 0.2

ASTM D 4052 ASTM D 3120 ASTM D 4294 ASTM D 4629 ASTM D 974 ASTM D 1322 IP 170 ASTM D 2386 ASTM D 611 ASTM D 156 ASTM D 445 ASTM D 323 ASTM D 976 ASTM D 482 IP 104 DHA DHA DHA DHA ASTM D 1840 CVAFS ASTM D 86

+ 30 108.7

+ 30
@

+ 30 13.2

87 84.0 0.2 15.8

4 Dec 2007

Miri Crude Assay Report

ANALYSIS FOR PRODUCT CUT

Tests Yield on Crude Yield on Crude Density API Gravity Sulphur Nitrogen Total Acid Number Smoke Point Flash Point ( Abel ) Flash Point ( PMCC ) Freezing Point Aniline Point Colour Saybolt Kinematic Viscosity @ - 20C Kinematic Viscosity @ 40C Kinematic Viscosity @ 50C Kinematic Viscosity @ 75C Kinematic Viscosity @ 100C Cetane Index Refractive Index @ 20C Mercaptan Sulphur Hydrocarbon Types - Aromatics - Olefins - Saturates Naphthalene Content Distillation - Initial Boiling Point - 5% - 10% - 20% - 30% - 40% - 50% - 60% - 70% - 80% - 90% - 95% - Final Boiling Point - Recovery - Residue - Loss Method Unit vol % wt % kg/l wt % ppm wt mgKOH/g mm C C C C cSt cSt cSt cSt cSt ppm wt vol % vol % vol % vol % C C C C C C C C C C C C C vol % vol % vol % 185 - 220 5.78 5.65 0.8338 38.12 0.02 4 <0.05 18.9 52.5 >-51 51 + 29 4.910 1.319 RESULTS 220 - 230 3.06 3.04 0.8476 35.36 0.05 5 <0.05 15.5 75 >-51 54 + 25 8.245 1.635 1.396 1.038 0.744 35.9 1.4665 17.5 13.6 7.1 79.4 <0.01 200 207 210 215 218 220 223 226 229 233 238 242 247 99.0 0.8 0.2 230 - 260 13.08 13.19 0.8648 32.04 0.04 17 <0.05 13.9 92 - 44 56 -2 16.185 2.344 1.852 1.345 1.014 36.9 1.4758 6.5 17.4 12.7 69.9 <0.01 223 230 233 236 239 241 244 248 251 254 258 263 273 99.5 0.5 0.0

ASTM D 4052 ASTM D 4294 ASTM D 4629 ASTM D 974 ASTM D 1322 IP 170 ASTM D 93 ASTM D 2386 ASTM D 611 ASTM D 156 ASTM D 445 ASTM D 445 ASTM D 445 ASTM D 445 ASTM D 445 ASTM D 976 ASTM D 1218 IP 104 ASTM D 1319 ASTM D 1319 ASTM D 1319 ASTM D 1840 ASTM D 86

32.6 7.1 13.5 6.7 79.9 <0.01 165 181 185 190 194 198 202 206 212 217 226 237 252 99.0 0.8 0.2

4 Dec 2007

Miri Crude Assay Report

ANALYSIS FOR PRODUCT CUT

Tests Yield on Crude Yield on Crude Density API Gravity Sulphur Nitrogen Total Acid Number Smoke Point Flash Point ( PMCC ) Freezing Point Aniline Point Cloud Point Pour Point Colour Saybolt Colour ASTM Kinematic Viscosity @ Kinematic Viscosity @ Kinematic Viscosity @ Kinematic Viscosity @ Reid Vapour Pressure Cetane Index MCRT - 100% Sample Refractive Idex @ 20C Hydrocarbon Types Aromatics - Olefins - Saturates Polycyclic Aromatic Vacuum Distillation - Initial Boiling Point - 5% - 10% - 20% - 30% - 40% - 50% - 60% - 70% - 80% - 90% - 95% - Final Boiling Point - Recovery - Residue - Loss Method Unit vol % wt % kg/l wt % ppm wt mgKOH/g mm C C C C C cSt cSt cSt cSt kPa wt % vol % vol % vol % wt % C C C C C C C C C C C C C vol % vol % vol % 260 - 330 24.25 24.63 0.8866 28.01 0.08 34 0.12 8.5 131 - 15 59 -14 - 15 0.5 4.941 3.976 2.156 1.543 41.0 1.4914 26.2 27.8 46.1 12.7 267 275 278 282 285 287 291 295 300 306 313 319 326 99.5 0.5 0.0 RESULTS 330 - 340 2.59 2.66 0.9139 23.25 0.16 125 0.41 165 59 +7 +6 1.5 11.74 8.071 4.885 3.055 40.0 1.5090 62 +13 +12 2.0 11.16 5.718 3.289 40.5 0.06 1.5102 340 - 350 1.75 1.80 0.9176 22.62 0.16 191 0.31 350 - 370 3.78 3.93 0.9356 19.65 0.15 324 0.28 182 64.0 +25 +24 3.0 33.76 11.54 6.179 37.5 0.05 1.5218

ASTM D 4052 ASTM D 4294 ASTM D 4629 ASTM D 974 ASTM D 1322 ASTM D 93 ASTM D 2386 ASTM D 611 ASTM D 2500 ASTM D 97 ASTM D 156 ASTM D 1500 ASTM D 445 ASTM D 445 ASTM D 445 ASTM D 445 ASTM D 323 ASTM D 976 ASTM D 4530 ASTM D 1218 ASTM D1319 ASTM D 1319 ASTM D 1319 ASTM D2425 ASTM D 1160

40C 50C 75C 100C

22.7 330 333 334 335 336 337 338 338 339 340 342 345 349 99.0 0.8 0.2

18.9 192 340 345 352 354 356 357 360 361 362 362 362 420 99.0 1.0 0.0

21.1 293 396 408 413 416 420 421 425 429 433 445 454 466 99.0 1.0 0.0

4 Dec 2007

10

Miri Crude Assay Report

ANALYSIS FOR PRODUCT CUT

Tests Yield on Crude Yield on Crude Density API Gravity Sulphur Nitrogen Total Acid Number Flash Point ( PMCC ) Aniline Point Cloud Point Pour Point Colour ASTM Kinematic Viscosity @ 50C Kinematic Viscosity @ 75C Kinematic Viscosity @ 100C Ash Content MCRT - 100% Sample Asphaltene Arsenic Wax Content Nickel Vanadium Vacuum Distillation - Initial Boiling Point - 5% - 10% - 20% - 30% - 40% - 50% - 60% - 70% - 80% - 90% - 95% - Final Boiling Point - Recovery - Residue - Loss Method Unit vol % wt % kg/l wt % ppm wt mgKOH/g C C C C cSt cSt cSt wt % wt % wt % ppb wt % ppm wt ppm wt C C C C C C C C C C C C C vol % vol % vol % 370+ 21.42 22.98 0.9709 14.16 0.17 1001 0.27 N/D +36 7.5 398.7 67.01 44.87 0.052 1.40 <0.5 <10 21.4 6.6 <1.0 340 422 433 439 446 453 463 476 495 536 559 @ RESULTS 370 - 380 380 - 450 1.97 13.36 2.05 14.09 0.9413 0.9490 18.73 17.52 0.14 0.14 349 0.27 0.41 236 67 N/D +28 +24 +36 3.5 4.5 437.7 13.58 48.55 7.489 16.60 0.015 0.034 0.05 0.05 <0.5 <0.5 <10 <10 20.5 37.0 2.6 3.8 <1.0 <1.0 290 353 386 418 424 429 432 435 443 452 466 470 471 98.0 2.0 0.0 248 313 352 410 421 428 433 437 444 450 469 473 477 98.0 2.0 0.0 450 - 513 1.86 2.06 0.9892 11.46 0.23

ASTM D 4052 ASTM D 4294 ASTM D 4629 ASTM D 974 ASTM D 93 ASTM D 611 ASTM D 2500 ASTM D 97 ASTM D 1500 ASTM D 445 ASTM D 445 ASTM D 445 ASTM D 482 ASTM D 4530 IP 143 AAS UOP 46 IP 470 IP 470 ASTM D 1160

N/D +48 8.0 345.2 63.44 0.047 0.86 <0.5 <10 9.8 4.0 <1.0 376 447 456 461 477 482 487 495 501 508 518 519 521 98.0 2.0 0.0

Remarks : 1) @ - Reach pot maximum temperature at 400 deg.C 2) N/D - Not Detected

4 Dec 2007

11

Miri Crude Assay Report

ANALYSIS FOR PRODUCT CUT

Tests Yield on Crude Yield on Crude Density API Gravity Sulphur Ash Content MCRT - 100% Sample Method Unit vol % wt % kg/l wt % wt % wt % RESULT 513+ 4.23 4.78 0.9945 10.70 0.24 0.061 8.60

ASTM D 4052 ASTM D 4294 ASTM D 482 ASTM D 4530

4 Dec 2007

12

Miri Crude Assay Report

GENERAL CONDITIONS OF SERVICE

1. General (a) Unless otherwise agreed in writing or except where they are at variance with (i) the regulations governing services performed on behalf of governments, government bodies or any other public entity or (ii) the mandatory provisions of local law, all offers or services and all resulting contractual relationship(s) between any of the affiliated companies of SGS SA or any of their agents (each a "Company") and Client (the "Contractual Relationship(s)") shall be governed by these general conditions of service (hereinafter the "General Conditions") (b) The Company may perform services for persons or entities (private, public or governmental) issuing instructions (hereinafter, the "Client"). (c) Unless the Company receives prior written instructions to the contrary from Client, no other party is entitled to give instructions, particularly on the scope of the services or the delivery of reports or certificates resulting therefrom (the "Reports of Findings"). Client hereby irrevocably authorises the Company to deliver Reports of Findings to a third party where so instructed by Client or, at its discretion, where it implicitly follows from circumstances, trade custom, usage or practice. 2. Provision of Services (b) Unless a shorter period is established in the invoice, Client will promptly pay not later than 30 days from the relevant invoice date or within such other period as may be established by the Company in the invoice (the "Due Date") all fees due to the Company failing which interest will become due at a rate of 1.5% per month (or such other rate as may be established in the invoice) from the Due Date up to and including the date payment is actually received. (c) Client shall not be entitled to retain or defer payment of any sums due to the Company on account of any dispute, counter claim or set off which it may allege against the Company. (d) Company may elect to bring action for the collection of unpaid fees in any court having competent jurisdiction. (e) Client shall pay all of the Company's collection costs, including attorney's fees and related costs. (f) In the event any unforeseen problems or expenses arise in the course of carrying out the services the Company shall endeavour to inform Client and shall be entitled to charge additional fees to cover extra time and cost necessarily incurred to complete the services. (g) If the Company is unable to perform all or part of the services for any cause whatsoever outside the Company's control including failure by Client to comply with any of its obligations provided for in clause 3 above the Company shall nevertheless be entitled to payment of:

(a) The Company will provide services using reasonable care and skill and in accordance with Client's specific instructions as confirmed by the Company or, in the absence of such (1) the amount of all non-refundable expenses incurred by the Company; and instructions: (2) a proportion of the agreed fee equal to the proportion of the services actually carried (1) the terms of any standard order form or standard specification sheet of the Company; out. and/or (2) any relevant trade custom, usage or practice; and/or 5. Suspension or Termination of Services (3) such methods as the Company shall consider appropriate on technical, operational and/or financial grounds. 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(2) Reports of Findings are issued on the basis of information, documents and/or samples provided by, or on behalf of, Client and solely for the benefit of Client who is responsible for acting as it sees fit on the basis of such Reports of Findings. Neither the Company nor any of its officers, employees, agents or subcontractors shall be liable to Client nor any third party for any actions taken or not taken on the basis of such Reports of Findings nor for any incorrect results arising from unclear, erroneous, incomplete, misleading or false information provided to the Company. (3) The Company shall not be liable for any delayed, partial or total non-performance of the services arising directly or indirectly from any event outside the Company's control including failure by Client to comply with any of its obligations hereunder. (4) The liability of the Company in respect of any claim for loss, damage or expense of any nature and howsoever arising shall in no circumstances exceed a total aggregate sum equal to 10 times the amount of the fee paid in respect of the specific service which gives rise to such claim or US$20,000 (or its equivalent in local currency), whichever is the lesser. (5) The Company shall have no liability for any indirect or consequential loss (including loss of profits). (6) In the event of any claim, Client must give written notice to the Company within 30 days of discovery of the facts alleged to justify such claim and, in any case, the Company shall be discharged from all liability for all claims for loss, damage or expense unless suit is brought within one year from: (i) the date of performance by the Company of the service which gives rise to the claim; or (ii) the date when the service should have been completed in the event of any alleged non-performance. (b) Indemnification: Client shall guarantee, hold harmless and indemnify the Company and its officers, employees, agents or subcontractors against all claims (actual or threatened) by any third party for loss, damage or expense of whatsoever nature including all legal expenses and related costs and howsoever arising relating to the performance, purported performance or non-performance, of any services. 7. Miscellaneous (a) If any one or more provisions of these General Conditions are found to be illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. (b) During the course of providing the services and for a period of one year thereafter Client shall not directly or indirectly entice, encourage or make any offer to Company's employees to leave their employment with the Company. (c) Use of the Company's corporate name or registered marks for advertising purposes is not permitted without the Company's prior written authorisation. 8. Governing Law, Jurisdiction and Dispute Resolution Unless specifically agreed otherwise, all disputes arising out or in connection with Contractual Relationship(s) hereunder shall be governed by the substantive laws of Switzerland exclusive of any rules with respect to conflicts of laws and be finally settled under the Rules of Arbitration of the international Chambers of Commerce by one or more arbitratiors appointed in accordance with the said rules. The arbitration shall take place in Paris (France) and be conducted in the English language.

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1 June 2004