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VALUES            INTEGRITY            ETHICSCOMMITMENT        VALUES
                                                       HONESTY INTEGRITY
                                                                          REPUTATION       HONOR

           ETHICS COMPLIANCE                                                  LOYALTY
LOYALTY COOPERATION
           HONOR                                       COMMITMENT
                            TRUSTCOMMITMENT

                               THE IMC COMPASS:
                               GOOD BUSINESS CONDUCT

                               AND ETHICS CODE

           IMCCOM                                                  IMC

              0 20      40    PASS                                 INT’L METALWORKING CO.
                                    80
           N                60

       NW           NE

W                           E  100

SW SE                                120 140
                               160
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