ANNEX D CUSTOMS AND IMPORT DUTIES

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1. EQUIPMENT AND MATERIALS

The Contractor shall be responsible for all importation activities required for execution of
the Works.

Within forty five (45) days after the Contract Signing date Contractor shall submit to
Employer a draft procedure that covers export and import activities, including the
interface with Contractors customs agent, and a complete description of Equipment
and Materials to be imported, for Employers review and approval/disapproval and
comments. The draft procedure shall become binding on the Contractor when
approved by the Employer.

Contractor shall provide shipping documentation in accordance with the regulations

established in the common customs law of the Arab States of the Gulf (GCC states), with
sufficient anticipation to ensure expeditious satisfaction of customs clearance formalities
and prompt delivery to Site.

The following conditions are applicable for the importation of Equipment and Materials:

a) Spare parts and specialized tools relating to Equipment and Materials shall,
whenever possible, be included in the initial shipment.

b) Contractor shall unload, transport and store the goods in a secure area at the
Site as part of the EPC - LSTK scope. Transfer of risk shall not occur on delivery
or storage and shall only occur at the time of issue of the Taking-Over Certificate
by the Employer or as otherwise expressly provided in the Contract.

c) The importer of record shall be Maaden Water Pipeline; all shipping

documentation shall be prepared accordingly.

d) Contractor shall be liable for all customs duties and fees and any levies,
surcharges, demurrage, double handling, etc. incurred for acts or omissions in the
preparation and submittal of the shipping documents.

e) Certain Equipment and Materials may be subject to customs exemptions under

the prevailing and future rules and regulations in the Kingdom of Saudi Arabia.
In such case, the exempted custom fees shall be discounted from the agreed
Lump Sum (LSTK) Contract Price, and credited to the Employer.

The EPC Lump Sum (LSTK) Contract Price shall include:

a) All export activities required from the point of origin such as export permits,
certification and consular authorizations,

b) All customs duties and fees.

SAUDI ARABIAN MINING COMPANY (Page 1 of 2)

TRANSPORATION OF TREATED WATER FROM TAIF TO MAADEN MINE SITE
CONTRACT NO. 10-1448-HQ-715
 ANNEX D CUSTOMS AND IMPORT DUTIES
REV.0

2. TEMPORARY IMPORTS

Contractor shall abide by the customs regulations for Goods that are imported by the
Contractor on a temporary basis, and that are required during the execution of the
Works. All costs (expense) including the services of a customs agent associated with the
import and re-export of such Goods shall be included in the tendered Lump Sum (LSTK)
Contract Price.

SAUDI ARABIAN MINING COMPANY (Page 2 of 2)

TRANSPORATION OF TREATED WATER FROM TAIF TO MAADEN MINE SITE
CONTRACT NO. 10-1448-HQ-715