A Natural Gas to Petrochemical Complex Union Industrial Estate, La Brea

1. A Natural Gas to Petrochemical Complex Union Industrial Estate, La Brea • Presented on August 29th, 2013 • NESC, La Brea 1

2. A CEC[CEC3859/2013] is being sought from the EMA to proceed with A Natural Gas to Petrochemical Complex • AGENDA • Introduce the Project Sponsors • Mitsubishi Corporation • Mitsubishi Gas Chemical Co. Inc. • Neal & Massy Holdings Ltd. • Project Site • The Project • Activities to be undertaken by CGCL • Logistics • Possible Impacts/Risks • Proposed Mitigation Measures • Questions

3. We are the project sponsors… Represented by Mr. Hiroshi Kita Represented by Mr. Chikara Jitsumatsu Represented by Mr. Linford Carrabon • Neal & Massy Holdings Limited is • the parent company of the • Neal & Massy Group of Companies. • We operate mainly in Trinidad and • Tobago, Barbados, Jamaica and • Guyana. Key Business Units: • Retail • Distribution & Logistics • Consumer Finance • Automotive & Industrial Equipment • Energy & Industrial Gases • Information Technology & • Communications • (Website) • www.neal-and-massy.com • Mitsubishi Gas Chemical Co. • Inc. has been developing • chemicals in a wide range of • fields, from basic to specialty • chemicals. Our business • Segments include: • Natural Gas Chemicals • Aromatic Chemicals • Specialty Chemicals • Information & Advanced • Material • (Website) • www.mgc.co.jp/eng/index.html • Mitsubishi Corporation operates • companies in 6 Business Groups: • Industrial Finance, Logistics • and Development Group • Energy Business Group • Metals Group • Machinery Group • Chemicals Group • Living Essentials Group • (Website) • www.mitsubishicorp.com/jp/ja/csr/ 3

4. Project Sponsors’ roles Technology Licensor Project Coordination Local Content

5. SOBO VILLAGE Project Site A “Brownfield” site Approved and zoned for heavy gas based industrial development Substantial infrastructural works already installed. VESSIGNY VILLAGE UNION VILLAGE 5

6. The Project… • Development of a project for the commercialization of natural gas-based petrochemicals. • The plant which will be constructed will produce 1,000,000 tonnes per year of Methanol • 140,000 tonnes per year of Methanol produced will be used to produce 100,000 tonnes per year of Di-Methyl-Ether (DME).

7. About Methanol and DME

8. PDA-Project Development Agreement FID-Final Investment Decision FEED-Front End Engineering Design EPC-Engineering/Procurement/Construction CEC- Certificate of Environmental Clearance CGCL Project Schedule GAS TERM SHEET FID STARTUP PDA Negotiation Pre Development Construction Construction Preliminary Works FEED Negotiation CEC Process (Target) Application 8

9. Activities to be done • GENERAL • CGCL needs to successfully complete many activities during the Pre-Development Stage (CEC / Contracts Negotiation / Finance Arrangement / etc). • Target Final Investment Decision by Shareholders March, 2014 • CONTRACTS • Many contracts including water and electricity still need to be finalized

10. Activities to be done • FEED • Targeting to be complete in November 2013 • LOAN • Targeting to reach an agreement by March 2014 • CEC • Our consultant “REAL” will present

11. OPERATIONS (METHANOL) FUEL GAS STEAM PURGE GAS

12. OPERATIONS (DME) DME METHANOL

13. Project Impact & Mitigation Measures THE IMPACT ON : HEALTH ENVIRONMENT SAFETY THE COMMUNITY Local / International standards i) Mitigation / Management plan ii)Emergency countermeasures to be installed

14. There is no known adverse negative health impact from the production of Methanol & DME 7 Methanol Plants in Point Lisas / One of the oldest products in the petrochemical industry DME has been long used for propellant for hair spray Assessments will be conducted as per the CEC requirements by the EMA Health Impact 14

15. Dust & Noise from Piling - mitigation measures in place Traffic - There will be increased traffic during construction. As part of the CEC requirement a Traffic Management Plan will be developed. Water Quality – Storm Water Management will be developed Construction Waste- Standard Waste Disposal Methods-Bins on site to segregate waste & Industrial waste treatment Environmental Impact • Water Effluent– Appropriate treatment. Historically no adverse environmental impact has been reported • Air Quality and Noise will be monitored and will be within EMA requirement. During Construction During Operations . 15

16. Safety • Handling Spills - Storage tanks surrounded by dirt dyke • - Spill Kits will be put in place • Fire - Fire Tender • - Fire Fighting System • Medical - Emergency Medical Technicians on site • - Ambulance • - First Aid Facility

17. Employment (Expectation from the experience of another project) During Construction – 3000 jobs (peak time) Operations - Direct 180 jobs - Indirect 200 jobs Site Workers/Employees – Point Lisas Energy Association (PLEA) Pass Card certified Local Contractors/Sub Contractors – Safe To Work (STOW) certified Training & Development - Plan to be developed to increase skills of local personnel (via continuous discussion with surrounding community) Community Development . 17

18. CONTACT INFORMATION NEC Communication Centre Telephone Numbers 651-1173/1180 361-1866 Website:www.cgcl.co.tt

19. QUESTIONS