MEDEF MEETING March 7, 2012

1. MEDEF MEETINGMarch 7, 2012 A.T. Shaukat Chief Engineer Global Infrastructure & Natural Resources

2. IFC: Part of the World Bank Group IFC is owned by its 179 member countries International Bank for Reconstruction and Development, 1945 Lends to governments of middle-income developing countries International Finance Corporation, 1956Invests and advises to promote sustainable private sector development International Development Association, 1960 Provides concessional loans to governments of the poorest developing countries International Centre for Settlement of Investment Disputes, 1966 Multilateral Investment Guarantee Agency, 1988 Provides guarantees to foreign investors against non-commercial risk

3. IFC History • Six decades of creating opportunity – Created in 1956. • IFC is the largest organization of its kind. • Holds $48.8 billion portfolio touching almost every major industry. • Reach millions of people in over 100 countries.

4. What We Do • Investment Services - In FY11, IFC invested $12.2 billion and 518 projects - Mobilized an additional $6.5 billion to support private sector in development countries. • IFC Financial & Investment Projects • Loans • Syndication Loans • Equity Finance • Structured Finance • Risk management Projects • Local Currency & Financing • Trade Finance

5. IFC Asset Management Company • Mobilizes and manages funds on behalf of institutional investors including sovereign funds, pension funds, and development finance institution. • As of June 30, 2011 had approximately $4.1 billion in assets under management. • Funds include • IFC Capitalization Fund • IFC Africa, Latin America and Caribbean Fund • The African Capitalization Fund • Advisory Services Business Lines: • Access to Finance • Investment Climate • Sustainable Business • Public-Private Partnerships

6. IFC Investment Guidelines  Private sector, with strong sponsor commitment  Financially, economically, environmentally, and socially sound  Maximum IFC share (excluding syndications)  25% of project cost over $50 million  35% of project cost under $50 million  40% of project costs for expansion projects  Investment size  Typically $5 million to over $100 million  Projects and IFC’s investment are expected to earn competitive and commercial rates of return:  Comprehensive security package required for loans  Reasonable exits are expected for IFC equity and quasi-equity investments  Expert IFC teams work closely with the client to finalize the investment

7. Sustainable Development at IFC • IFC has well established and rigorous standards for environmental, social, and positive economic impact • IFC works with clients to maximize the positive impact of projects we finance • In many cases, this leads to reduced risks and long run financial benefits • Particularly important in African context

8. Transportation • IFC – Leader in pioneering transactions in global transportation sector • From 2000 to 2010 made $3.6 billion commitment in 43 countries • Mobilized $30.2 billion • A committed portfolio or $1.7 billion in diverse sectors and regions

9. IFC: Our Reputation and Value • IFC is the world’s largest multilateral private sector investor in the emerging markets • AAA rating • Profitable every year since it was established • 2,600+ people in our 80 offices worldwide • In-house syndications department working with over 200 banks • Global benchmarking – identifies and disseminates international best practice • Advice on environmental and social issues • Political risk mitigation • Preferred creditor status • IFC Performance Standards adopted through the Equator Principles by over 50 global institutions

10. Global Infrastructure Department • Power • Renewables • Transport • Water • Infraventures • Subnational • Telecoms • Oil, Gas & Mining