China Iron Ore Spot Trading Platform (the Platform) will be on trail implementation on 29^th of March. We welcome all existing platform members and potential members to join us for public test, and your opinions and suggestions will be taken into account during the test.

    Test schedule:

    29^th Mar – 31^st Mar, each existing and potential member shall provide their test participants’ list and contact information.

    5^th Apr – 6^th Apr, each existing and potential member may download and install the trail version of trading platform software from the website of China Beijing International Mining Exchange (CBMX)  （http://www.cbmx.com.cn）.

    9^th Apr – 10^th Apr, each existing and potential member may log into the platform and conduct the public test. The members’ credit pre-matching and relevant test will be in progress.

    11^th Apr, training course for public test participants (Time and location will inform to participants later),

    Moreover, with the view of smoothing the operation of the trading platform, CBMX will invite all participants simultaneously via internet to test the platform together on 13:30 – 15:30 p.m. of 12^th, 13^th, 17^th, 19^th, 24^th, 26^th of April and 1^st and 3^rd of May. Each existing and potential member shall take part in these tests.

    8^th May, physical trading conducts.

Hereby informed

China Beijing International Mining Exchange

28 Mar, 2012