AMERICAN COTTON EXPORTERS ASSOCIATION 88 Union A venue - Suite 1204 - LB 38

Memphis, Tennessee 38103 Phone (901) 525-2272 Fax (901) 527-8303

January 3, 2017

Mr. Alan Friedman, Attorney Office ofPolicy and Coordination Federal Trade Commission Room CC-5422 - Bureau of Competition 600 Pennsylvania Ave., NW Washington, DC 20580

Dear Sir:

Enclosed herewith is Annual Report of2016.

Sincerely,

~~ William E. May Secretary/Treasurer

cc: John McQuiston

Annual Report - 2016

1. The name of the Association is:

American Cotton Exporters Association

2. The location ofall offices or places ofbusiness of the Association are:

88 Union Ave., Suite 1204-LB 38 Memphis, Tennessee 38103

3. The names and address ofall Officers and stockholders/members ofthe association are:

President: Jordan Lea, P. 0. Box 3848 Greenville, SC 29608

Secretary/ Treasurer: William E. May, 88 Union Ave., #1204-LB38

Memphis, TN 38173

(Please note Attachment A- Shareholders 2016

4. List ofamendment ofand changes in the Articles of Incorporation of Certificate of Incorporation and By-Laws of the Association during the past year. Attachment B ( None)

MY COMMISSION EXPIRES: FEBRUARY 23, 2019

ACEA Shareholders 2016/2017 Attachment A

ACG Cotton Marketing, Inc. P. 0. Box 21463 Lubbock, TX 79408

Bruce Allbright Agency, Inc. 4325 N. Golden State Blvd., #105 Fresno, CA 93722

Allenberg Cotton Co. P. 0 . Box 3254 Cordova, TN 38088

Calcot, Ltd. P. 0. Box 259 Bakersfield, CA 93302

Cargill Cotton 7101 Goodlett Farms Parkway Cordova, TN 38016

COFCO Americas Resource Corp 16190 City Walk, Suite 200 Sugar Land, TX 77479

Commodity Export Corporation P. 0 . Box 64658 Lubbock, TX 79464

DECA International LLC 2029 Peabody Ave. Memphis, TN 3 8104

Eastern Trading Company P. 0. Box 3848 Greenville, SC 29608

ECOM USA, Inc. 13760 Noel Rd., #500 Dallas, TX 75240

Glencore, Ltd. Three Stamford Plaza 301 Tresser Blvd., 141h Floor - Cotton Stamford, CT 06901

Loeb and Co. P. 0 . Box 909 Montgomery, AL 36101

Lyons Cotton, Inc. P. 0 . Box 3650 Memphis, TN 38173

Plains Cotton Cooperative Association P. 0 . Box 2827 Lubbock, TX 79408

Olam Cotton 740 East Campbell Rd., Suite 4705 Richardson, TX 75081

Omni Cotton, Inc. 555 Republic Dr. Ste. 550 Plano, TX 75074

Jess Smith & Sons Cotton, LLC P. 0 . Box 1178 Bakersfield, CA 93302

Staplcotn P. 0 . Box 537 Greenwood, MS 38930

Toyo Cotton Co. P. 0 . Box 740008 Dallas, TX 75374

Toyoshima (U.S.A.), Inc. 19600 Magellan Drive Torrance, CA 90602

Underwood Cotton Co., Inc. 1511 Texas Ave. Lubbock, TX 79401

White Gold Association P. 0 . Box 12768 Bakersfield, CA 93389