1. 2010. 10. 20 Ochang industrial complex Ochang industrial complex District energy supply project District energy supply project Environment, energy sector to protect the Earth Dana Energy Solution Inc.,

2. 2 Name: Dana energy solution Inc., ID Number: 317-81-14492 Built: May 8, 2009 CEO : Jang Oak Biz works : Special & general waste incineration Special & General waste collection and Transportation Steam supply (District enenrgy supply biz) Electricity generation Global energy business(district energy supply biz, Geothermal power plant, Coal power plant, etc) Address: 16-1, yeocheon-ri, Cheongwon-gun, Chungcheongbuk-do Tel: (043) 241-7886~8 Fax : (043) 241-7889 1. Company Overview  1-1 Overview

3. Acquired licenses to Dana energy solution Co., Ltd. Incineration Capa: 3.8 Ton/h 2009 2010. 2 Intermediate waste disposal permit 2010. 6 Complete final inspection 2010. 9.17 Obtaining the certification 2010. 9. 20 Start of commercial operation 2010. 9. 20 Application for Community Energy Project 2010. 11 Permit for Community Energy Project Jungwon hwangyeong gaebal Co., Ltd. established Incineration Capa: 2Ton/h Acquired licenses to Chilseong sanup gaebal Co., Ltd. Incineration Capa: 3Ton/h  1-2 Histroy 1. About Us

4. 2. Project Background Government's environmental protection and green growth policy consistent with Using renewable energy can be cost-effective steam production Incineration waste heat utilization and high profitabilityThe rising cost of steam generation The mutual benefit of suppliers and users of steam promotes Meet the demands of the Corporation's Steam Business Directory

5.  3-1 Project name - Waste incineration 20 ton / hr  Renewable Energy 130 ton / hr  AUX Boiler(LNG) 50 ton /  Total steam supply 150 ton / hr 3. Business Summary Ochang industrial complex steam supply projects  3-2 Summary  3-3 Project period 2010. 12 ~ 2011. 12 (Expected to supply an initial January 2011)  3-4 Total project cost 100 billion won  3-5 Performed Ltd. Dana energy solution Co., Ltd.

6.  3-7 Supply information o Incineration of waste heat and renewable energy as fuel to produce steam to users of reliable, affordable high-quality heat (steam) to supply the user's production costs and add value through the creation of competitive enterprises which it contributes o Incineration with waste heat and renewable energy use and greenhouse gas emissions by replacing imported fuel through the national environmental and energy policy seeks to meet evacuation 3. Project Overview  3-6 Business purposes ItemDesign Capacity Remarks Incinerator 25 ton / hr 20 ton / hr Renew. A40 ton /hr X 2EA 80 ton / hrRDF ( RPF ) Renew. B50 ton /hr X 1EA 50 ton / hrPCK ( EPF ) Pipe length 600A, 15 km Underground piping Steam Temp. 190 ℃180 ℃ Press. 16 kg/㎠ 10 kg/㎠ Supply time8760 hours 24hours 365days

7. ItemUnitB-CLNGDana energy Remark s Steam generatington/hr111 Fuel consumption ℓ,kg/stm’_ton6664 Fuel cost won/ℓ,kg711673In 2009 Steam gene. costwon/stm’_ton46,92643,072 Maintenance costwon/ton4,6924,307 Total cost (A)won/ton51,61847,379 Steam supply price(B)- 80% of oil price Cost saving(A-B)won/stm’_ton74%80%1ton/hr  Note 1) 1 ton steam per hour are based on the difference in cost may cause 2) Boiler operating costs were not included, the steam supply unit will be linked to the oil price 4. Economic analysis

8. 8 Waste incineration (20Ton/hr) RDF(RPF) incineration (40Ton/hr*2EA) PCK(EPF) incineration (50Ton/hr*1 기 ) Ochang Industrial Complex companies use steam Supply  Heat (steam) supply volume and temperature and pressure conditions Auxiliary boiler capacity to secure supply into operation 365 days Total steam production 150 Ton / hr, Supply 120 Ton / hr 5. Steam production / supply

9. 9 6. Steam Supply Route

10. 10 Period (month) Items 123456789111012 remarks 1. Basic Plan 2. Permit and Detailed Design 3. Installing facilities 4. Plumbing 5. Testing 6. Test completion and commercial operation 7. Business Calendar  Period: 2010.12 – 2012. 1

11. 11 For domestic energy needs depend on imports for more than 95% of the country's energy imports by reducing the effectiveness of national policies for the use of alternative energy and green renewable energy to meet growing business contributes to national competitiveness Global warming, ozone depletion, acid rain, species loss prevention and improve the effectiveness and the global environment, greenhouse gas emissions and carbon dioxide emissions and use the clean development mechanism projects in the international development should lead to improved balance of payments 8. Business effect Emissions from industrial waste, and life, some recycling and waste disposal through incineration and landfill, but organic and combustible waste, renewable energy and environmental issues to improve the moisture contents, seeking a  8-1 International  8-2 National  8-3 Social

12. 1) Heat supply business, strengthen and increase sales through the company position 2 ) Power to secure sustainability 3) Waste heat utilization and renewable energy to produce and sell fuel to replace imports and reduce greenhouse gas emissions due to national environmental and energy policy response to 4) Contribute to employment creation and regional economic 5) AUX boiler (LNG) 365 days to install the regular supply target - the provider and recipient of the effects of the stable expectations 1) Stable, high-quality heat (steam), used to secure the conditions 2) Use the existing fuel and heat production, supply and demand conditions, the low cost secured 3) Production costs due to business competitiveness 4) Possible to secure a comfortable workplace 5) Environment, energy sector, contribute to national policy 6 Employee welfare and corporate profits, generating additional 8. Business effect  8-4 Steam provider  8-5 Recipients

13. Dana energy solution, Ltd - Project implementation, Ltd.(Existing land use incineration and business) Samil Price water house Coopers - Project planning and review West energy co. - RDF and RPF supply (ISWA Fuel Supply Contract Management Agency Company) Etexenergy co. - PCK & EPF provider Byucksan Engineering co. - Design and Supervision Energy Management Technology co. - Work permits for energy business Byucksan co. - ESCO business and heat sources and construction Sangwon emc co. - Steam supply piping 9. Participants in the project related