COMPANY PROFILE FAIR CLOTHINGS (PVT.) LTD FAIR KNITTING LIMITED. GULSHAN SPINNING MILLS LTD. ( A 100 % Export Oriented Knit Composite Industry )

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1 COMPANY PROFILE OF FAIR CLOTHINGS (PVT.) LTD FAIR KNITTING LIMITED. ( A 100 % Export Oriented Knit Composite Industry ) GULSHAN SPINNING MILLS LTD.

2 Fair Knitting Ltd., Fair Clothings (Pvt.) Ltd. & Gulshan Spinning Ltd. comprise a knit textile manufacturing unit where production starts from procurement of raw cotton, spun into yarn, and ending with the export of the finished garments. Merged with the vision to provide fashion / style for the American and European Market, concentrating on efficiency and quick disposal we aim at highest level of quality and on time delivery. FAIR CLOTHINGS (PVT.) LTD. (A 100% Export Oriented Knit Composite Industry) YEAR OF ESTABLISHMENT : 2004 Private limited company owned by four share holders. It includes knitting, Dyeing & Sewing facilities, with the full vertical setup. FACTORY ADDRESS : 15, Sutar Noardha,Arapara Savar, Dhaka-1340, Bangladesh. Tel : , , Fax : info@fiirknitting.com Factory space: 12,000 SFT (2 STROYED BUILDING) EMPLOYEES & WORKERS : 450 TOTAL GARMENT MACHINERIES : 220 DAY : 12,000 Pcs Tee-shirt MONTH : 300,000 Pcs Tee-shirt YEAR : 3.60 MILLION Pcs Tee-shirt Item to Produce : Basic T-shirts, Polo shirts, Knitted Jackets, Under Garments Children & Babies wear (Briefs), Knitted Trousers (Legging), Sweatshirts, Shorts & Blouses. Clients List : LIDL, JC PENNY, JACKPOT, KIK, TOM-TAILOR, PRIERRE-CARDIN, PUBLIC, P+C, CUSTERED, EARNSTINGS FAMILY. Compliances in the complex: Labor practice welfare Health & Hygiene Working environment Safety & Security Child labor policy Day care center Financial Benefit Training for Ethical standard Marriage & Maternity welfare Accidental Insurance Program Practice of local & international labor law Member : Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA). BANKER : The City Bank Limited, Central Processing Centre, Shamsul Alamin Building ( 7 th Floor) 25/A, Dilkusha C/A, Swift: CIBLBDDH, Telex : CBLPO BJ

3 Fair Knitting Limited (A 100% Export Oriented Knit Composite Industry) Year of establishment : Private limited company owned by four share holders. It includes knitting, Dyeing & Sewing facilities, with the full vertical setup. Factory address : 15, Sutar Noardha,Arapara Savar, Dhaka-1340, Bangladesh. Tel : , , Fax : info@fiirknitting.com Clients List : ASHCITY, SIMONS, WAL-MART, DISENYLAND, V & D, RAGMAN, COOLCAT, E & D. APPAREL DIVISION Floor space : 28,000 SFT (4 STROYED BUILDING) EMPLOYEES & WORKERS : 450 TOTAL GARMENT MACHINERIES : 250 DAY : 12,000 Pcs Tee-shirt MONTH : 300,000 Pcs Tee-shirt YEAR : 3.60 MILLION Pcs Tee-shirt Item Produced : Basic T-shirts, Polo shirts, Knitted Jackets, Under Garments Children & Babies wear (Briefs), Knitted Trousers (Legging), Sweatshirts, Shorts & Blouses. FABRIC DIVISION Knitting Section Floor space : 10,000 SFT EMPLOYEES & WORKERS : 56 TOTAL MACHINERIES : S/Jersey 11 nos. Rib/Interlock 6 nos. Rib 2 nos. Flat knit 2 nos. DAY : 4500 Kgs MONTH : 110 Tons YEAR : 1300 Tons

4 Dyeing (wet processing) Section Floor space : 22,000 SFT EMPLOYEES & WORKERS : 78 TOTAL MACHINERIES : Thies sample machine 3 nos. Atmospheric sample machine 2 nos. Atmospheric Dyeing Machines 4 nos. Thies High Pressure & HT Dyeing Machine 4 nos. DAY : 4500 Kgs MONTH : 110 Tons YEAR : 1300 Tons FABRICATION : 100% cotton Cotton / polyester blended Cotton / viscose blended Finishing Section Floor space : 10,000 SFT EMPLOYEES & WORKERS : 72 TOTAL MACHINERIES : Squeezer (SANTEX). SANTASTRECH PLUS 1400 with turning rope opener, 2 impregnating bathes/tank, 2 ballooning squeezers, precision plating device. Working width : 1400 mm (Tube). 1 no. Wet Calendar 1 no. Hydro Extractor 1 no. Dryer (FIMATEC) 3 - Chamber Automatic Tensionless Tumbler Dryer with Shrinkage Controller SETEX no.

5 Compactor (Tube Tex), Model : MV 04, Working Width : 8 34 (Tube) 2 Compacting Zone with Precision Plating Device & Fabric Winder 1 no. Compactor (FIMATEC) Tube Compactor, Model - SK1, Working Width : (Tube) 2 Compacting Zone with Precision Plating Device & Fabric Cutting/ Winding Attachment 1 no. Soft Setting Calendaring Machine 1 no. DAY : 4500 Kgs MONTH : 110 Tons YEAR : 1300 Tons Compliances in the complex: Labor practice welfare Health & Hygiene Working environment Safety & Security Child labor policy Day care center Financial Benefit Training for Ethical standard Marriage & Maternity welfare Accidental Insurance Program Practice of local & international labor law Member : Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA). Banker : Sonali Bank Ltd., Local office, Motijheel C/A, Dhaka. Telex : SBRAM BJ JANATA BANK LTD. Janata Bhaban Corporate Branch 110 Motijheel C/A Dhaka-1000 Swift : JANBBDDHJBC Telex : JBD BJ/ JB HO BJ

6 GULSHAN SPINNING MILLS LTD. Factory Details Unit 1 : spindles, Area 82,000 Sft. Unit 2 : spindles, Area 75,000 Sft. Unit 3 : spindles, Area 110,000 Sft. Rotor Unit : 1556 Rotor Area 25,000 Sft. Total Production Capacity : Million Kg., in a year Product Mix : 100% Cotton yarn Ne 24- Ne-40 Both Card, Combed & slub yarn. Total Employment Generation : Around 1800 persons ( for 3 unit & rotor unit) Main Raw Materials : Raw cotton with the origin U.S.A CIS &, Australia. Required raw cotton : Approximately million kg., in a year Expected Revenue: USD Million Asset: Total Project Assets around USD 40 Million Approx. Source of Financing: Sonali Bank Ltd., Janata Bank Ltd., Trust Bank, BSRS are the chief debt holders. The equity portion of Gulshan Spinning Mills comes the investment of the directors/ shareholders Best performance award received from Hon ble Chief Advisor as a valued client of Sonali Bank Ltd. & also obtained special honor as valued client for the year 2008 Our Valued Customers: Target marketed USA and Europe. OUR MISSION Gulshan Spinning Mills Ltd. serves the customers by providing the products on time. Which offers value in terms of superior quality and price. While maintaining a sustainable growth in the earnings and thus achieve long term and mutually gratifying relationship with the customers and suppliers.

7 OUR VISION To Procure the most advanced & sophisticated technology which is suitable for producing desired product and to assure complete compliance with the international quality and standards while maintaining an international acceptable working condition. Thus, we will attain the highest level of competence through continuous development of our operation and management. Our Future Goals: To maximize the shareholder s wealth. To gain trust and build an image in the mind of customers-specially the buyers of Europe and America. To continue increasing our production capacity and expanding our business. To make a notable contribution to the textile community in which we conduct our business. OUR VALUES: Long- term relationships with customers Integrity in all our dealings. Profitability through human development. Maintain workers friendly atmosphere

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