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IMC

INT’L METALWORKING CO.

                        IMC COMPASS
                        GOOD BUSINESS CONDUCT
                        AND ETHICS CODE

                        I.	 THE IMC COMPASS:................................................................................................................... 5
                        	 A.	 Compliance at IMC: Leading by Example................................................................................. 5
                        	 B.	 Fair Dealings............................................................................................................................. 7
                        		 1.	 Protecting Corporate Assets................................................................................................ 7
                        		 2.	 Fair Competition and Interaction with Third Parties.............................................................. 7
                        		 3.	 Accurate Documentation..................................................................................................... 7
                        		 4.	 No Conflicts of Interest, No Insider Trading, No Corrupt Practices....................................... 8
                        	 C.	 Motivating to Excellence – Good Labor Management............................................................... 10
                        	 D.	 Relations with our Business Associates.................................................................................... 10
                        		 1.	 Events with Business Associates......................................................................................... 10
                        		 2.	 Gifts and Giveaways............................................................................................................ 10
                        	 E.	 Uniform Global Compliance...................................................................................................... 11
                        		 1.	 Trade Controls..................................................................................................................... 11
                        		 2.	 Foreign Policy Sanctions...................................................................................................... 12
                        II.	 SUPPORTING DOCUMENTS:..................................................................................................... 13	
                        Berkshire Hathaway’s ‘Code of Business Conduct and Ethics’............................................................. 14

                   NW   IMCCOM       PASS
                                           80
            W              0 20    60

                        N 40       100

                                 NE

                                E
320 340                                  120 140
         300  SW SE                160
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