SORWABUCO LTD is now a reality. In the new company, all global business partners or cultures are represented. While the mixing of cultures is its wealth, the company knows only one language, that's customer service.

Service is the heart and identity of SORWABUCO LTD. With its existing orders in progress, its planned subcontract-production schedules and its short delivery times, and backed by a global network unique in Asia, Europe, Africa and Americas, SORWABUCO LTD offers the most compete range of iron and steel products: (pig iron, billets, cold rolled steel, hot rolled steel, wire rod and reinforcement bars), anthracite coal, steam coal, blast furnace coke, foundry coke, and petroleum coke, bauxite, cement, fluorspar, ferro manganese, ferro chrome, manganese metal and silicon metal on the market.

Our guiding principle is to accompany the customer and establish technical and commercial proximity. Our ambition can be described quite simply as elevated partnership with a customer, and taking up the double challenge of performance and competitiveness.

To be a reference to a partner, SORWABUCO LTD, can rely on its motivated professionals and dedicated and experienced purchasing and selling team with wide-ranging skills and knowledge of the global market. It will directly contact customers and permanently be aware of their needs. However, we must go even further.

Animated by a will for progress, our service is being simplified. The specialisation of our staff team for particular product lines, while at the same time stimulating their exchange of internal and external information sharing is just one aspect.

The logical and essential follow-up is the conceptualisation of our end users, independent distributors, brokers and agents, whose number and geographical dispersion is a historical legacy. The essential follow-up is the rationalisation of the market and the possibilities that are open to emerging organisations and those that have a timate legacy.

Our success will be tied to the satisfaction of our customers. We will continuously strive to create enduring value by anticipating our customer's needs and always meeting their challenges. Our commitment to customer service, and our ability to respond quickly to new requirements in the global market, will always enable us to deliver on our promises, create trust and build confidence amongst all our customers.

We will evolve from a single company acquiring interest in local companies around the world into a leading global group that can meet challenges of an increasingly competitive global market place. Our central strategies and standard is to empower SORWABUCO LTD, while enabling its autonomy and leveraging its local strengths to the benefit of all.

We will provide enduring value consultancy through the jobs we create, our active social involvement in each local community, and our stewardship of the environment and sustainable resources for future generations. We will provide foundations for people's growth through our commitment to the development of the full potential of our employees and partners.

We are determined to take our full responsibilities with regard to the future of local community in which we operate, our personnel and the environment of our workplace, and will make all changes necessary to enhance the performance and competitiveness of SORWABUCO LTD.

John V KALULANGA
SORWABUCO LTD, President & CEO
May 2004.