Reproduction of any material whether by photocopying or storing in any medium by electronic means or otherwise is prohibited without prior written consent of Infineum International Limited. © Copyright INFINEUM INTERNATIONAL LIMITED All rights reserved See the legal disclaimer notice on "INFINEUM", "DOBANAX", "PARATAC", "SYNACTO", "VEKTRON", and the corporate mark comprising the interlocking ripple device are trademarks of Infineum International Ltd. “VISTONE” is a trademark of Exxon Mobil Corporation used under licence by Infineum International Limited. Lubricants Russia 2007 Moscow, November 2007 The Changing World of Lubricants, Fuels and Additives Bruce Royan Global Sales Director Infineum International Limited

© Copyright INFINEUM INTERNATIONAL LIMITED About Infineum m A leading global transportation additive enterprise m Develop, manufacture and market advanced lubricant and fuel additives m HQ in UK, regional business & technology centres in UK, US and Singapore m Technology-intensive, R&D-focused

© Copyright INFINEUM INTERNATIONAL LIMITED Drivers of Change ConsumersGlobalizationEnvironmentHardware

© Copyright INFINEUM INTERNATIONAL LIMITED Dynamics of Change Base Stock Quality Additive Formulation & Component Requirements OEM Design Trends Consumers Emission & Fuel Economy Requirements Incentives for Alternate Fuels Legislation Fuels Specifications Lubricant Specifications

© Copyright INFINEUM INTERNATIONAL LIMITED Global Transportation Lubricant Demand mInfineum projections from model based on input variables including GDP, drain interval, technology factors and vehicle fleet make-up. mEconomic activity (GDP) is the strongest predictor of lubricant demand. mCar sales in Russia is estimated to be more than 2M units in 2007, growing at a rate of almost 20% to 30% mDomestic manufacturers market share estimated at 39% followed by GM (12%) and Ford (8%)

© Copyright INFINEUM INTERNATIONAL LIMITED Hardware Advancements: Gasoline Engines VW 1.4L TSI Turbo Mazdaspeed 2.3L Turbo BMW-PSA 1.6L Turbo

© Copyright INFINEUM INTERNATIONAL LIMITED Hardware Advancements: Diesel Engines Honda 2.2L iCTDi Turbo Diesel

© Copyright INFINEUM INTERNATIONAL LIMITED Alternative Powerplants Toyota Prius Hybrid BMW Hydrogen 7 Honda FCX Hydrogen Fuel Cell Vehicle Concept

© Copyright INFINEUM INTERNATIONAL LIMITED Renewable Fuel Sources

© Copyright INFINEUM INTERNATIONAL LIMITED Energy-To-Liquid Concept

© Copyright INFINEUM INTERNATIONAL LIMITED Challenges in Lubricants and Additives mFormulation of higher-quality lubricants: 1.Higher dosage of additives 2.Greater use of costly additive chemistry 3.More sophisticated anti-wear systems 4.Greater use of technically advanced baseoils mIncreasing use of alternative fuels adds complexity mOpportunities will emerge in formulations for hybrids

© Copyright INFINEUM INTERNATIONAL LIMITED Challenges in Fuels and Additives m m Diesel m Sulphur Reduction m Density Reduction m Distillation Range Reduction m Cetane Increase Gasoline m Elimination of Lead m Sulphur Reduction m Aromatics Reduction m Olefins Reduction m Oxygenates Addition Biofuels m Cold Flow Improvers m Lubricity Additives

© Copyright INFINEUM INTERNATIONAL LIMITED What Does It All Mean? mThe challenge is as high and the pace of change is as fast in Russia as anywhere else in the world mIdentifying opportunities for investment and innovation m Fostering collaboration between OEMs and oil/additive industries m Advocating “global test/local spec” approach m Holistic development approach – systems, not just components

Reproduction of any material whether by photocopying or storing in any medium by electronic means or otherwise is prohibited without prior written consent of Infineum International Limited. © Copyright INFINEUM INTERNATIONAL LIMITED All rights reserved See the legal disclaimer notice on "INFINEUM", "DOBANAX", "PARATAC", "SYNACTO", "VEKTRON", and the corporate mark comprising the interlocking ripple device are trademarks of Infineum International Ltd. “VISTONE” is a trademark of Exxon Mobil Corporation used under licence by Infineum International Limited. Thank You Shaun Kennedy Vice President, Technology Infineum International Ltd