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Important customer information : BÜRGEL company reports – now containing even more Euler Hermes expertise!

Dear NetConnect Customer,

With the aid of the expertise of the credit decision-makers of Euler Hermes we have decisively enhanced our Solvency Rating – the most important instrument for making safe forecasts of payment defaults.

As of 29.02.2012 the Solvency Rating^[NG] will replace the BÜRGEL Solvency Rating so far indicated.

This also concerns all monitoring and supplementary reports, regardless of whether the original report indicated the previous Solvency Rating or not.

The Solvency Rating^[NG] contains substantial innovations:

• The core of the index calculation is based on the original methods of Euler Hermes Kreditversicherung in regard to the evaluation of companies and credit risks.
• If available, it integrates several balance sheets and thus takes previous company developments even more extensively into consideration.
• It integrates payment experiences of the Deutscher Debitoren Monitor (DDMonitor).
• This way a clear improvement of the selectivity and forecast power of our Solvency Rating^[NG] is achieved.

In summary, this change means that – due to the more extensive forecast power – you will be able to avoid future payment defaults even more effectively without having to readjust existing cut-offs for risk control.

Here some important information if RCS is additionally used:

• The conversion to the new Solvency Rating^[NG] is only made after consultation with your personal consultant.
• Up to this time you will receive the previous Solvency Rating in your NetConnect archive and when procuring other products via NetConnect.

Any questions or comments? Your on-site BÜRGEL consultant is at your disposal at any time.

Kindest regards,

Your BÜRGEL Team