1. Customer presentation, March 2007 Penguard Express Speeding up the production process

2. Penguard Express provides fast coating schedules, allowing fast dry-to-recoat as well as dry-to-handle times It is maintaining the excellent anticorrosive properties recognised through the Penguard-products over decades, hence providing optimised protection It is a fast drying, high build, two-pack epoxy coating with high volume solids, meeting current and future legislations and standards by reducing the solvent emissions to the environment Penguard Express Speeding up the production process

3. Customer presentation, March 2007 What market segments gain benefits from using Penguard Express?

4. Customer presentation, March 2007 Steel Fabricators / Fabrication Yards / Contractors

5. Customer presentation, March 2007 Office Blocks / Exhibition Halls / Civil Constructions

6. Customer presentation, March 2007 Sport Stadiums

7. Customer presentation, March 2007 Windmills & Power Plants

8. Customer presentation, March 2007 Cranes Ports & Harbours

9. Customer presentation, March 2007 Infrastructure Bridges & Airports

10. Customer presentation, March 2007 Industrial plants: Petrochemical, Pharmaceutical, Water Treatment, Pulp & Paper

11. Customer presentation, March 2007 Onshore Oil & Gas: Tanks External Pipes External

12. Customer presentation, March 2007 Markets? All round the Globe Penguard Express will suit most Protective market segments in all regions worldwide Penguard Express is a product with worldwide availability

13. Customer presentation, March 2007 Key Features & Benefits

14. Customer presentation, March 2007 3 choices for Tailored Protection Penguard Express Fast drying, high solids epoxy coating for use as an anti corrosive primer or intermediate coat for the protection of steel and other substrates in atmospheric exposure Penguard Express ZP Offers all of the benefits of Penguard Express and is additionally pigmented with active zinc phosphate pigments for increased corrosion protection Natural choice as the first coat in a multi coat system Penguard Express MIO Is reinforced with micaceous iron oxide pigments for increased barrier effect The overlapping pigments reduce moisture penetrating through the paint film FEATURE BENEFIT

15. Customer presentation, March 2007 Fast to dry Speeding up the production process FEATURE BENEFIT The range of Penguard Express products are designed to speed up the production process – Very fast dry-to-recoat – Very fast dry-to-handle At 40°C a coat of 100  m DFT is surface dry after only 30 minutes, and can be recoated after 1 hour At 23°C a coat of 100  m DFT is surface dry after only 1 hour, and can be recoated after 2 hours

16. Customer presentation, March 2007 Fabrication yards and paint shops require processing steel in the shortest possible time Speeding up the production process BENEFIT –Faster throughput of the structures to be painted Ability to provide quicker delivery times Ability to take on increased number of projects –Reduced space required for drying of the structures Avoids bottlenecks in the production process –Reduced risk for failures Reduced risk for rain on wet paint No need for washing or cleaning between coats

17. Customer presentation, March 2007 Structural Steel Normally coated with 1 or 2 coats of high build epoxy, potentially with a topcoat Exposed Steel Structures Normally protected by a coating system consisting of: –1 coat zinc rich primer –1 or 2 coats of high build epoxy –1 coat polyurethane topcoat Speeding up the production process BENEFIT Paint systems to be completed in one day

18. Customer presentation, March 2007 Fast to dry Reduced handling damage FEATURE BENEFIT The range of Penguard Express products are designed for shortest possible dry-to-handle times –Quickly forms a hard coating - allowing structures to be handled, moved and stacked with minimum damage –Speeds up the production process at fabrication yards and paint shops –Complex items can be turned and coated within the same day –Minimum damage to the coating when turn/handling

19. Customer presentation, March 2007 Low & High temperature application Maximising efficiency & cost reduction FEATURE BENEFIT Penguard Express can be applied in temperatures ranging from -5°C to above 40°C –Low temperature application is essential in cold climates to allow continous production –Cost of heating in paint shops can be substantially reduced –Same curing agent all year round in every climate –Pot life above 45 minutes at 40°C

20. Customer presentation, March 2007 High volume solids Compliancy – meeting legislations FEATURE BENEFIT 74% volume solids – 230 g/ltr VOC’s –Meeting current legislations and future solvent emission directives –In comparison with a coating with 50% solids, only 2/3rds of the paint volume is required Quicker application Reduced paint & can wastage –Reduced solvent emissions means less environment impact and safer to use

21. Customer presentation, March 2007 Broad dry film thickness range Improved flexibility and efficiency FEATURE BENEFIT Application from 75  m to 250  m DFT –Easy to apply –Very good flow, surface wetting and levelling - even at 75  m –Very high sag resistance –Primer and intermediate coat can be applied in one shot –Can also be applied by brush and roller

22. Customer presentation, March 2007 Optimum topcoat hiding power The unique Colour Management Concept Three base colours designed to provide optimum coverage by selected topcoat colour Can potentially provide same coverage and cosmetic appearance by reduced DFT or number of coats Reduction in topcoat thickness requirement FEATURE BENEFIT

23. Customer presentation, March 2007

24. Corrosion Protection Performance All three variants of Penguard Express have gone through extensive corrosion protection testing Alone, and in coating systems, Penguard Express has been exposed to following corrosion tests: –Saltspray –Prohesion –Sea Water –Humidity chamber

25. Customer presentation, March 2007 Corrosion Protection Performance Penguard Express can be applied direct to metal and provides sufficient corrosion protection including high durability C4 environments, as defined by ISO 12944 For C5 environments, Penguard Express will provide sufficient corrosion protection for high durability when used in systems with zinc rich primers Penguard Express is not for use on immersed structures

26. Customer presentation, March 2007 Summary Reduced topcoat thickness requirement Improved flexibility and efficiency 3 choices for tailored protection Fast to dry Optimum topcoat hiding power Broad dry film thickness range High volume solids Low & High temperature application FEATURE BENEFIT Compliancy – meeting legislations Maximised efficiency & cost reduction Speeding up the production process Reduced handling damage Optimised protection

27. Customer presentation, March 2007 Penguard Express Speeding up the production process