OVERVIEW OF THE ORGANIZATION

3.1 GENERAL INFORMATION

Planning Initiated: June 1993 (site selection)

Land Purchasing: August 18, 1993

Civil Work Started: February 4, 1994

Contract to be given: (Akber & Associates)

Sub Contractors: MCC

Guarantee

Selecto

Paragon

Total Area of Land: 174 Acres

Erection Started A/C (Luwa): August 8, 1994

Erection Started (Spinning): September 8, 1994

Erection Completed: December 1994 (Textile)

Production Started (trail basis): Late January 1995 (Textile)

Production started (commercial basis): June 17, 1995

Cost at Close (Approx.): 80 Million US $

TEXTILE DIVISION

MACHINERY & EQUIPMENT

SPINNING

Waste Recycling Plant 1Line Trutzschler (Germany)

Blow Room 2Line Trutzschler (Germany)

(One for Ring & Other for O/E)

3.2 THE INTRODUCTION OF THE ORGANIZAITION

Crescent Bahuman Limited, originally setup as a joint venture between The Crescent Textile Mills Limited, Pakistan and Green wood Mills inc, USA is now fully owned by the Crescent Group. The plant is located in Pindi Bhattian, Pakistan roughly 11/2huors from Lahore and 21/2 hours from Islamabad along a motorway connecting both cities.

Designed as a vertical jeans wears facility, it commenced commercial production in June 1995.The plant is situated on 450 Acers with 165 committed to commercial activities and manufacturing facilities of 1 million square feet. The facility in one of the first single site operations finished jeans wears. It also has a waste water treatment plant and a power generation Plant with in the compound.

CBL has established a corporate philosophy for the betterment of the nearly 6000 employees and community while ensuring an environmental friendly manufacturing process.

This facility is equipped with the latest technology in equipment from spinning through garment finishing with a capacity of 11.5 millions meters of fabric, which when converted produces 8 million jeans annually.

In September 1998, Apparels Marketing and operations Ltd. was established to manage CBL. Along with its day to day management of operations and development of new strategies for marketing and sales, AMOL opened an office in Derry, Northern Ireland for the Marketing and sales functions while creating an expatriate team in Pakistan to manage the operation and continue training local management.

The focus is to create seamless interface throughout the manufacturing process addressing delivery, cost and quality issues providing the right product the first time, at the right time. The speed of developing and getting the right product to the customer is at or above par with manufacture all over the world.

Lead-time from to delivering to market has been a continuing focus of Crescent Bahuman Ltd. With extensive investment into systems right form order taking and procurement through to production and delivery CBL has managed to squeeze its lead-time to the satisfaction of its global customer base.

3.3 MAIN PRODUCTS LINES

CBL is producing more than 300 styles of denim products and more than 200 developed washes with over a 100 customer approved fabric resulting in a dynamic mix of finished & jeans wears. The finished produced includes skirts, shorts, jackets and trouser are one or a combination of the following finishes:-

1. Whiskers

2. Brushing

3. Scrapping

4. Spray (Robot spray)

5. Sand Blasting

6. Tinting

CBL specializes in working closely with its customers to develop a wide range of unique products. For Product Development, CBL is equipped with a highly dedicated team and state-of-the-art equipment to churn out new products at the speed of market demand.

3.4 CLIENT LIST

Crescent Bahuman has had the honor of working with the leading brands from four corners of the word. The varied regional mix of customers provides CBL with adequate global market information which in turn adds value to all of its customers. At the same time strict measures are in place to ensure that the product information for one customer is not shared with other customers.

CBL’s current client list includes:

1. Levi’s (world wide)

2. Mustang

3. Carr era

4. Ben Sherman

5. Gap

6. Colorado

7. Big star

8. Express Limited

9. Fundamentals

10. New star

3.5 LEAD TIMES

Based on the complete development of a product, including on site printing capabilities on size specific trims, and coupled with a defined manufacturing plan can provide the following delivery schedules:

Weekly production order issued electronically being day 1.

Order leaves plant in 8 days.

Order ships from Karachi in 7 days.

Delivery time to following ports:

· Antwerp, Belgium 26 days

· Bremerhaven, Germany 21 days

· Flexistowe, UK 22 days

· New York 31 days

· Houston, TX 36 days

· Long Beach, CA 27 days