[SI] Sparrow Industries | CLOSED

[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, DEC 1995

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We have updated our Company Branding to be clearer about the products that came from First Choice. Thanks to Swedish Company FÖRBINDELSE, we have introduced a new Company Logo and improved the image of our Defense and investment services. Our new identity shows the evolution of our company since it's founding, yet the change does not impact the core beliefs we continue to promise you. We’re international. We’re working hard to be at the forefront of technology, innovation, sustainability, diversity and effectiveness. While the colour palette for each Branch remains largely the same, the new label designs feature cleaner graphics and tonal colour variation for each. We have always adopted a simple and straightforward approach to design. We wanted to preserve this, but give more richness to both colour and text. The new brand is a positive transformation and will not affect the service and commitment that the business has demonstrated thus far. We felt the re-design would enable us to expand upon our services, accomplish local and global growth objectives, and to foster and develop new client relationships. This puts us in the position to be more competitive. We’re living in a time of unprecedented change, and we’ll never stop evolving. But we cannot do that without our Loyal customers.

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[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, JUNE 1996

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Financial Director for Sparrows Industries, Ralph Brennan has confirmed that Government Borrowing in the last Twelve Months has risen by 37% with a total of $55,200,000,000.00 owing to the Business. Ralph commissioned the FCG Project to develop an understanding of the changes in Lending and identify the key characteristics associated with accessing finance, which is designed primarily to support the Recovery and growth of struggling Economies. However, the proportion of Governments applying for Loans to fund their Military budgets has risen by at least 16% with almost a third of Applications falling into this Category — " I'm fairly certain this pattern will be reversed when the indicators of uncertainty decline, but it's not always quite as simple as that... Looking at the Business, we have accepted 98% of Loan Applications and recovered $38,700,000,000.00 within the last 6 Months, from both new and returning Customers despite the increase of new Firms opening internationally. We're against the principle of others being burdened with extra Debt, so Sparrow does not play fast or loose with the Terms, nor do we change them. This is what sets us apart from the rest. We're always open to negotiations, even when the circumstances aren't favourable. "

Sparrow Industries have announced intentions of selling their 51% Stake in Brazilian Aerospace firm, Embraer who specializes in Commercial and Military Aircraft. The Business is pursuing Airbus as their main Product Line who have made up the majority of it's manufacturing, making Embraer pretty redundant. The Board of Director, Steve Nichols has assured us that Sparrow will continue to be a very creative contributor to the Defense Industry, but the decision was in their best interests. " This Procurement not only provides a competitive advantage but boasts a strong Financial margin, as Arms Expenditure is on the global rise. We are selling each 1% Stake for a generous price of $314,936,592.58"

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[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, AUGUST 1996

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We're introducing flexible Credit Plans to help our customers spread the cost of their purchases. Financial Advisor, Ralph Brennan highlights "We believe our Products should be readily available to everyone, at any time. That's why our Customers no longer have to wait to fill their Bank Accounts before Shopping. The reason why it’s important is because a customer who has a positive experience is more likely to become a repeat and loyal customer. With additional payment options, more people will be able to buy from Sparrow, opening to a whole new market of customers. We knew Nexus offered this and it's even more important to stand up against competition. And Best yet, our Pay Later Scheme is available interest free! "

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[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, NOVEMBER 1996

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Sparrow Industries, the world's largest and most innovative provider of military solutions, today announced they have entered into an agreement with the High Kingdom of France. The financial terms have not been disclosed, but they've confirmed an offer was made by France to acquire 10% shares in Dassault Aviation, making France the majority shareholder. Dutch Journalist, Marcel Kouffeld was invited to speak " Built on the back of France's Aerospace sector, we're surprised to see Sparrow is releasing a large brand like Dassault. Especially after recently unveiling designs for the Dassault Rafale, a fourth generation multi-role fighter. What are your thoughts on this? " " Well, Airbus and Dassault Aviation have the right expertise to dominant the Aerospace Sector, but the direction was very clear and obvious for Sparrow. Airbus had a vastly bigger network of commercial aircraft making up a third of overall sales. This ensured it's long-term viability and future. Consequently overshadowing Dassault Aviation, who in recent years, seemed exclusively reserved for the French military. Sparrow never advertised products on their official website. Perhaps by complete coincidence, or maybe this was always intended. Regardless, this is an industry that France has been desperately without, so this is a fantastic opportunity for them. " Financial Advisor, Ralph Brennan spoke.

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[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, MARCH 1997

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In response to the passing of former U.S President Bill Clinton, we need to ensure our commitment to the rule of law is more than rhetoric. We must introduce more stringent anti-corruption practices but to achieve this, Sparrow needs transparency and greater responsibility in transfers of conventional arms and dual-use technologies. More specifically, preventing these technologies from falling into the hands of states that are fueled by extremist ideology and violence. As an indication of our commitment, awareness and action towards improving standards, we've made the decision to stop trading entirely with non-member states of the Global Assembly. This extends to all divisions operating within our business, many of whom see it as the only politically viable strategy. We hope to create an emphasis on enforcement across our industry and strongly encourage other businesses to make their own strategies, especially with the growing number of states who are not engaged with the Global Assembly. This makes accountability increasingly complex, as we have nothing to police their wrongdoings. That is why we have implemented such measures today. Companies have a clear role to play in managing the customers they work with and ensuring the risks are minimized.

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[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, SEPTEMBER 1997

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Sparrow Industries announced it has entered into a definitive agreement to acquire 50% stake in Russian firm, United Aircraft Corporation for $440,000,000 per share. This represents a total transaction value of $22,000,000,000. As part of the approving transaction, we have agreed to cooperate with the Russian Federation in future endeavors including space exploration. We will now offer a strong portfolio of aircraft solutions to our global customers and accelerate the pace of innovation and new technology. With access to Mikoyan and Sukhoi, the security market has shifted, strengthening Sparrow's competitive posture, enabling profitable growth to deliver value for customers. The transaction will not impact the business because new offices are being opened in Russia to manage post-acquisition operations. However, the primary assembly line will be moved to Great Britain where our state-of-the-art production facility is based. [/td][/tr]

 

[Hollie]

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[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, NOVEMBER 1997

Financial Director, Ralph Brennan has confirmed that company stock has dropped nearly 432% in early Friday trading and remains down here at 12:25 CEST. Now admittedly, the announcement has caught investors off guard and in the middle of a business expansion, they are said to have reacted negatively to the news. Sparrow has been one of the top-performing defense stocks in recent years and while unprofitable on the surface, Sparrow has generated positive cash flow of $6,654,295,677, and trajectory is still pointing upwards. Russia's financial situation was unexpected as the country experienced rapid growth, driven by political and economic dominance of the global arena last year. They're now on the brink of a crisis with the ruble falling to record lows against currencies like the U.S. dollar. As an investor, Sparrow has taken a major hit after securing shares to United Aircraft Corporation and has sustained losses that will have to be covered somehow. This has already started to impact on individuals and on business, with no choice but to hike the interest rates on loans until Russia regains its prior strength. "Entire industries — primarily the service sector — will be forced to lay off workers en masse, or may even go bankrupt. Russia will require large cash injections at a time when foreign budget is already feeling the strain. We know the Global Assembly is now taking decisive action to address the debt challenges and outline the priorities in the period ahead. We are monitoring the situation closely and have already agreed to suspend Russian loan repayments to reduce their debt burdens. It is critical they focus on restructuring their debts, before they are pushed into default. We're not in a position to support them, as we must focus on preventing redundancies in our own office..."

 

[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, FEBRUARY 1999

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Sphere is a new organisation, managed under Sparrow industries to help establish corporate responsibility for businesses regardless of size, complexity or location. From implementing responsible practices, namely our five-core principles and the international conduct of business to promote the primacy of the interests of the client and the integrity of the market. We're challenging traditional methods of operation by encouraging businesses to trade only with states under the jurisdiction of the global assembly. We can reinforce ethical responsibility on the international plane, and shape a more sustainable future for all. Your participation in Sphere makes a statement about your values and investing in our partnership can help your business create positive impact on society far beyond what you could accomplish alone. Some of the most recent success stories include Nexus Group and Strömberg, who have committed themselves to our strategy. Our principles prepare businesses to set high standards of behaviour in their own industries, including moral standards not within the usual parameters. One of the ways we do that is by preventing market manipulation and fraud at corporate levels, overseen by the international court of justice who we recognise as our regulatory body. This means we're subject to the same critique, and sanctions as the member-states within it. You can discover how Sphere supports businesses and see how you will benefit, by visiting SPHERE@SPARROW.ORG

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[Hollie]

PUSCUSTOMER SERVICES +44 163 296 0801 PUS SPARROW@INDUSTRIES.ORG PUS BUSINESS UPDATE, JANUARY 2000

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Deputy executive, Mrs. Durand has confirmed that an airplane assembly facility and shipyard are being considered in Sundsvall, Sweden as part of their business expansion. "Sweden has demonstrated a strong and stable economy, making it an attractive location for foreign investment." However, the Project hasn't been smooth sailing for Sparrow Industries who have revealed almost a two-year delay in the development, thanks largely to the financial crisis of 1998 forcing them to be more frugal with their business endeavours. "These facilities will provide the necessary conditions for armed forces to maintain their readiness, cutting back production times and transportation across Europe. The need is more apparent than ever, as tensions continue to rise." In the United Kingdom, Sparrow's main manufacturing facility continues to meet education and training needs in areas such as engineering, pilot and ground operation roles, providing the next generation of young people to work in aerospace; an opportunity that will soon be offered in Sweden.

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