Investor Presentaiton

Natural gas advantages in BULGARIA: Natural gas used by industrial companies is by 40% cheaper than fuel oil with 3.5 % sulfur content; Natural gas used by households is about 2.6 times cheaper than electric power; Natural gas used in public-administrative buildings is 3 times cheaper than industrial gas oil. Savings by our customers in 2005: In industry - 15 million EUR In trade and utility sector over 20 million EUR In households - over 5 million EUR Prognosis for 2006: GA Savings for about 90 million EUR!!! orergas

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