Designated persons3

1

The direction in article 4 is given in relation to transactions or business relationships with the following persons (referred to in that article as “designated persons”)—

a

Bank Mellat, whose head office is located at No. 327 Taleghani Avenue, Tehran 15817 Iran;

b

Islamic Republic of Iran Shipping Lines (“IRISL”), whose address is No.37, Aseman Tower, Sayyade Shirazee Square, Pasdaran Avenue, Tehran, Iran;

c

a branch of Bank Mellat or IRISL.

2

In paragraph (1), “branch” means a place of business of a person, other than its head office, which has no legal personality separate from that person, and which carries out directly all or some of the transactions inherent in that person’s business.