Investor Presentaiton

IEEJ May 2011 Energy Losses in Power System (Generation, Transmission, Distribution & Consumption) and Improvements Possible Small Inefficient Power Station Fuel Energy Loss Loss MTOE 22.3 7.5 5.7 66% 23% Loss 30%-50% 2.9-4.0 (2009) Achievable (11.1 40% 6.7 8% -10% 6.0 30% 4.0 Large Efficient Combined Cycle Fuel for 4 hour aarte wi I am a Rich Man With half the fuel consumed, the circular debt phenomena could have been avoided.

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