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LME Warrants

Natixis Metals Limited (NML) is a wholly owned subsidiary of Natixis BanquesPopulaires, one of France's leading commercial banks.

As an LME Ring Dealing Member NML is at the heart of all aspects of the international basemetals business and provides a specialist market-making nd broking serviceto the mining, production and fabrication industries and to trading entitiesand investors.

Additionally, NML is one of the foremost inter dealerbrokers and has relationships with a wide range of funds and institutions.

NML also has a dynamic bullion and precious metals desk with Associatememberships of the London Bullion Market Association and the London Platinumand Palladium Market.

Natixis Banques Populaires is listed on the Premier Marché of Euronext inParis. The Bank has a longstanding experience of and expertise in commoditytrade finance with specialists in metals, energy and agri-products operatingworldwide.

In association with NML, the Bank's Metals Group brings aninnovative approach to commodity financing and trading.

Natixis Metals Limited of Cannon Bridge House,25 Dowgate Hill,London, EC4R 2YA is authorized and regulated by The Financial Services Authority.

Advantages:

• Advice and in-depth knowledge of the market from a ring dealing member of the LME
• Availability of a international multilingual desk
• Development of a personalized service where the customer is dealt with directly
• Commissioned trades are executed immediately guaranteeing the maximum timeliness of trades
• The experience of an NML dealer guarantees one of the best possible price executions
• Operating directly with NML cuts commission costs considerably

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