Investor Presentaiton

(bbls/d) MIE Holdings Corporation Historical financials Key sales related statistics Average realized oil price Revenue breakdown by region 120.0 105.5 (1) 102.9110.2 (1) 106.2 109 8 104.1 99.2 108.9 104.5109.2 (1) 400 99.9 95.0 100.0 94.1 96.0 295 92.5 85.7 89.25 88.2 300 261 265 2 80.0 3 (US$/bbl) 2 77 $60.0 40.0 20.0 (US$m) 50 76 200 100 209 216 186 0.0 0 WTI 1H2013 ■ Brent 2H2013 1H2014 2013 1H 2013 2H 2014 1H ■Jilin assets ■Emir-Oil export price ■MIE Total Oil ■China Emir-Oil ■ US Average daily net oil production breakdown by region Adj. EBITDA and Capex (2) 18,000 16,558 250 75% 15,006 110 14,334 164 125 59% 57% 5,269 200 12,000 3,454 51% 168 5,172 155 143 (US$m) 150 136 6,000 10,754 11,179 9,671 100 85 50 60% 125 45% 30% 15% 0% (1) (2) 12 0 2013 1H ■China 2013 2H ■ Emir-Oil ■ US 2014 1H Emir-Oil average realized export oil price before transportation costs and marketing commissions borne by customer, Titan Oil Capex for this charts refers to the cash used for purchase fo PPE in the cashflow statement 0 2013 1H 2013 2H 2014 1H Adjusted EBITDA Capex Adjusted EBITDA Margin 21

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