Bullion Vault Trust

Investing in Perth Mint Gold and Silver Bullion for Bullion Vault LLC

The Bullion Vault Trust is a Labuan Offshore Trust created under the Malaysian Labuan Offshore Trusts Act 1996. The details of the Bullion Vault Trust are:

Trustees:	CIMB Trust Limited (LL04054) - Licensed Trust Company Formerly Bumiputra-Commerce Trust Limited
	Enterprise Trustee Services LLC
Protector:	Bullion Express Limited (6055709)
Beneficiary:	Bullion Vault LLC

The text of the trust deed is available on the website to be read. The document cannot be copied.

The purpose of the Bullion Vault Trust is to invest the money of Bullion Vault LLC in order to make a financial benefit for the members of Bullion Vault LLC. The Bullion Vault Trust as a Labuan Offshore Trust is taxed pursuant to the provisions of the Labuan Offshore Business Activity Tax Act 1990, which exempts investment earnings made by a Labuan Offshore Trust from any tax liability. This means that the profits made by the Bullion Vault Trust from its investments are accumulated in the Trust and then distributed to Bullion Vault LLC as the beneficiary, without any deduction of tax.

Bullion Vault LLC as the lawful beneficiary of the Trust can, with the consent of the Protector, instruct the Trustee how to make distributions to the members of Bullion Vault LLC in accordance with the agreement reached with its members and in accordance with their instructions.

All placements made by the Bullion Vault Trust using the Trustee's bullion accounts are done in accordance with the Trustee's Terms of Placement. A copy of the Trustee's Terms of Placement is available on the website to read.