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Investor Presentaiton

MIE Holdings Corporation MIE Group update and highlights 2014 first-half results highlights Operational highlights Group gross oil production reached 26,961 BOPD, up 3.5% from 1H2013 Financial highlights 1H2014 average oil price realised down by US$3.16/bbl or 3.2% to US$96.02bbl compared to 1H2013 Group net oil production of 16,558 BOPD, an increase of 15.5% compared to same period in 2013 and above full year guidance range of 15,300 - 16,300 BOPD Emir-Oil recorded significant increase reaching 5,269 BOPD, representing a 52.5% growth from 1H2013 1H2014 Net:Gross ratio of 52% for China oilfields (compare to 1H2013 Net: Gross ratio of 48% (1)) ā˜‘ 1H2014 Revenue reached US$294.9 mm, representing a 12.9% increase from same period in 1H2013 Emir-Oil ā˜‘ Obtained official approval from Kazakhstan government on the construction of Central Processing Facility (CPF) Extension of ADEK exploration contract moving forward smoothly EBITDA maintained at US$161.8mm, representing a 5.1% increase from same period in 1H2013 Successful issue of US$500mm 5-year Notes at coupon rate 7.50% in April SGE CRR for East Block of Linxing PSC has been granted final approval Encouraging gas flow test results for vertical well TB-26 and horizontal well TB-1H Entered into committed unsecured facility of up to US$35 mm with Deutsche Bank in May Completed full US$90 million cash call obligations into SGE for 51% equity interest in SGE (1) Net:Gross ratio calculated based on production volume 7
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