Australia Coal and Laos Power: Operational and Financial Summary

Fundamentals (iii): power business "reliable income from the TRIS "plan to list ... power segment" TRIS A+ STABLE Banpu Power Plc." A+ STABLE STABLE EBITDA CONSOLIDATED POWER EBITDA $63m $68m $110m $103m $105m CAPITAL RAISING BANPU LESS THAN 35% INVESTORS SHAREHOLDER CAPITAL RAISING LOAN REDEMPTION FOR GROWTH GROWTH PIPELINE Other Asia-Pac Other ASEAN Greater Mekong Thailand Coal-fired Solar Biomas ++ Wind Vietnam Myanm Locs Loos Cambodia Philippines Indonesia Philippines China Japan SLG 1,320 MW BANPU Capacity presented on a 100% basis BLCP 434 MW Hongsa 1,878 MW Japan solar 82 MW Bontang 14 MW BIC 273 MW 948 tph • 2011 2012 2013 2014 2015 PPAs bring stability of earnings Hongsa full operation plus SLG will bring incremental EBITDA Power EBITDA contribution increased from 6% (2011) to 22% (2015) Power contribution % likely to increase • BANPU POWER Banpu Power will raise capital through IPO for domestic and international expansion Portion of IPO proceeds will also be used to repay loans from Banpu PLC, expand business in Thailand and offshore, and as working capital . • India China Under evaluation Development Operation Banpu's ownership Under development Hongsa in Laos 1,252MW** operational, + 626MW** expected by March 2016 Shanxi Lu Guang in China 1,320MW** expected by Dec 2017 China to expand to 546MWe*** by 2020 . Japan Solar 54MW AC equity developing with additional capacity *Bontang is a captive coal-fired power plant of ITM and not part of Banpu Power's asset portfolio **Capacity based on 100% basis ***Power capacity is derived from the 100% capacity of power and steam combined in MW equivalent

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