The undersigned acting with authority and responsibility does and do hereby confirm sale and transfer of the following commodity subject to the terms, conditions and procedures set out hereunder: 1. COMMODITY : GOLD BULLION (Aurum Utalum) In Bar Form of: A) WEIGHT: 12.5 KG. GLD B) PURITY: 999.5% 2. QUANTITY : 1, 000.00 METRIC TONNES WITH ROLLS AND EXTENSIONS UP TO 17, 000 METRIC TONS TO BE AGREED BETWEEN BOTH PARTIES AND THEIR BULLION OFFICERS 3. PRICE : AMOUNT OF EURO $16, 905, 189, 220 DOLLARS (LMER) on Second Fix on the day of Closing/Invoicing 4. HALLMARK : JOHNSON AND MATTHEY