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

2 AGENDA 1.Introduce the Project Sponsors 1.Mitsubishi Corporation 2.Mitsubishi Gas Chemical Co. Inc. 3.Neal & Massy Holdings Ltd. 2.Project Site 3.The Project 4.Activities to be undertaken by CGCL 5.Logistics 6.Possible Impacts/Risks 7.Proposed Mitigation Measures 8.Questions A CEC[CEC3859/2013] is being sought from the EMA to proceed with A Natural Gas to Petrochemical Complex

33 We are the project sponsors… Represented by Mr. Hiroshi Kita Represented by Mr. Chikara Jitsumatsu Represented by Mr. Linford Carrabon 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) 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) 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)

4 Project Sponsors’ roles Technology LicensorProject Coordination Local Content

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

6 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). The Project…

7 What is Methanol?What is DME? Clear, colourless LIQUID Looks like water No odor in low concentrations Flammable Clear, colourless GAS Slightly sweet odor Flammable Similar physical properties to LPG About Methanol and DME

88 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 General FEED / EPC LOAN CEC Pre Development Construction FID PDA STARTUP GAS TERM SHEET Negotiation FEED CEC Process (Target) Preliminary Works Negotiation Application CGCL Project Schedule PDA-Project Development Agreement FID-Final Investment Decision FEED-Front End Engineering Design EPC-Engineering/Procurement/Construction CEC- Certificate of Environmental Clearance Legend Completed In Progress After FID

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) PRODUCT METHANOL DISTILLATION SYNTHESIS COMPRESSION REFORMING DESULFURIZATION NATURAL GAS FUEL GAS STEAM PURGE GAS

12 OPERATIONS (DME) METHANOL Waste Water METHANOL RECOVERY DME PURIFICATION DME SYNTHESIS METHANOL FROM METHANOL PLANT DME

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

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

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. During Construction During Operations 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. 15

16 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 Safety

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 NEC Communication Centre Telephone Numbers / Website: CONTACT INFORMATION

19 QUESTIONS