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Business Objectives

The principle business objectivities of BRICo will be milling, processing and exporting rice to leading export markets. Secondarily, the Company will seek to market and sell rice to local, Cambodian markets for non-exportable varieties and when supply outstrips BRICo customer demand.

Operating Philosophy

The BRICo has been built upon on a number of core guiding principles and joint commitments. These principles provide the foundation for the joint Venture and the role of Loran going forward in the successful operation of the company. These guiding principles will be explicitly stated in the JV Agreement documentation and each partner will undertake formally to support them. The JV “Guiding Principles” or “Commitments” are as follows:

1. All parties are committed to building a transparent, compliant and international standard organization to set benchmark for the agriculture industry in Cambodia.

2. All parties are committed to listing the Company on CSX by 2017 and will take necessary action to achieve the objective.