Investor Presentaiton

MIE Holdings Corporation For the period ended June 30 (In US$ million) Financial update Cash flow statement and key credit statistics 1H2013 1H2014 Adj. EBITDA / net interest expense Cash Flow Statement Cash generated from operations 157 125 Interest paid (21) (27) 10.0x Income tax paid (24) (9) Net cash generated from operations 112 89 8.0x 6.4x Purchase of PP&E (157) (112) 5.5x 6.0x Others (1) (41) 4.8x Net cash used in investing activities (157) (153) 4.0x Proceeds from borrowings/bonds 209 495 Repayments of borrowings/bonds Others (152) (32) (432) (11) 2.0x Net cash from financing activities 25 53 0.0x 2013 1H 2013 2H 2014 1H Net increase/(decrease) in cash 217 (21) (11) Capitalization Table Cash Positions Short-term Debt Long-term Debt Total Debt Net Debt Total Equity Total Capitalization (1) Includes mainly cash-call by SGE Net Debt and total debt / Adj. EBITDA 52 35 5.0x 10 10 587 680 4.0x 597 690 3.0x 2.2x 545 655 1.9x 2.0x 2.0x 2.1x 1.8x 2.0x 570 599 1.0x 1,115 1,254 0.0x 2013 1H 2013 2H 2014 1H ■Net Debt/Adjusted EBITDA ■Total Debt/Adjusted EBITDA 24

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