WildDiamondSafariPreferredBuying&ExportingProcedures

1. Negotiate terms and fees with Woodie. Normally 15-20% of planned purchase amount plus expenses (i.e. travel, fuel, SUV rental, hotel, food). 50% of consulting fee will be paid up front and balance to be paid upon completion. Very special stones or larger orders will be negotiated on a case-by-case basis. It is suggested that buyers tip Woodie’s diamond agents 1% of purchase price upon completion.

2. Buyer will make request order of type, size, and quality of diamonds desired. Woodie and Wild Diamond Safari team will not procure over $250,000 rough valued parcel for first three transactions, unless a single large stone is available, and then partners or client representative and gemologist must be present at first GGDO transaction (please note larger parcels require longer timeline to procure the stones and build the parcel).

3. Buyer transfers buying funds to Woodie’s bank in Sierra Leone (Rokel Bank) at least a

week prior to arrival date. Upon arrival in Sierra Leone, monies will be moved into an account in buyers name (at bank of choice). Suggested that buyer sends representative prior to arrival to verify funds are received and secured. After first trip and buyer has account established monies will be transferred directly into their account.

4. Wild Diamond Safari’s team will locate, verify, inspect, and produce stones for buyer

or buyer’s rep to give final approval. A minimum of 20% of buying funds must be made available for deposits on stones.

5. Wild Diamonds team will negotiate at a tabletop meetings purchase prices not

including taxes (approx. 5-7% of purchase price), export fees (approx. 2%), transportation, and insurance. Once price has been agreed upon diamonds will be secured in one of Wild Diamond Safaris safes or at a agreed upon bank.

6. Once parcels are PIF, a Wild Diamond Safari representative and/or partners

designated representative with security will accompany diamonds to GGDO (Government Gold and Diamond Office) for taxes to be paid and Kimberly Certificates to be issued. The parcel will be security wrapped by GGDO with Kimberly Certificates attached for exportation. At buyers request, a representative of Lloyds of London will meet diamonds at GGDO and issue insurance for full value of parcel.

7. Parcel will be secured at a specified bank until transported to airport accompanied by

security with Wild Diamond Safari partner’s representative for transport to the designated country. Parcel will be delivered to an agreed upon geographic location to partners only. Once diamonds leave Lungi Airport, Woodie and Wild Diamond Safari are not responsible for diamonds.

Wild Diamond will provide valuation and negotiate purchase price and GGDO Government Gold and Diamond Office will provide valuation for taxes and export fees. These may be different, as we will pay bush prices to miners or dealers and GGDO will value on a more International standard.

Approximately 7% paid to taxes and export fees.

Example:

1. Diamond valued and bought at $10,000 by Woodie. 2. Diamond valued taxed at $15,000 by GGDO. 3. $1,050 paid for Government taxes and Exporter fees. 4. Total of 11,050 paid for diamond.

Buyer or buyer designated rep will either transport diamonds or they can be hand delivered by Woodie Butler (this option must be negotiated).

If to be delivered by Woodie, a business class, round-trip ticket though Heathrow or Brussels must be provided by buyer/s. Trips by Woodie will be made with multiple parcels and transportation will be divided equally between all parcel buyers.

There are no import duties on rough, un-cut diamonds. These procedures will be slightly modified for resort guest. Below are the links to Customs for Kimberly Certificates (which I do) and the Tariff Schedule from the United States International Trade Commission: http://hts.usitc.gov/hts_search.asp?search_txt=diamonds http://www.cbp.gov/trade/trade-community/outreach-programs/kimberley-diamonds/diamond-update Please do not ask, “How much are the diamonds?” I can give a wide average of a per carat price, but in buying diamonds the way we do, they are not pre-sorted, graded, or weigh as in a sight. We basically never know what we have until the diamonds are literally in our hands and a price negotiated. Having said that we can put out the word for certain size stone in order to narrow the field when looking.