ALSTOM Overview Headquartered in Paris France 20 Billion

ALSTOM Overview Headquartered in Paris, France ~ 20 Billion Revenues ~ 100, 000 People in 70 Countries Five Operating Sectors Power Environment Power Service Power Turbo Systems Transport Marine ALSTOM Power Inc. Air Preheater Company

Power Environment Sector Overview Headquartered in Paris, France ~ 3. 5 Billion Revenues ~ 13, 000 People in 70 Countries Five Sector Businesses Largest Worldwide Installed Base! Energy Recovery Systems ~ 13% Utility Boilers ~ 29% Environmental Control Systems ~ 13% Heat Recovery & Plants ~ 20% Hydro ~ 25% ALSTOM Power Inc. Air Preheater Company

Energy Recover Systems Overview Headquartered in Wellsville, NY ~ 300 Million Revenues ~ 1, 300 People in 8 Countries ~ 70% of World’s Utility Air Heaters ~ 90 GW of Energy Conservation Seven+ Operating Companies 4 ALSTOM Power Inc. , Air Preheater Company Wellsville, NY ALSTOM Power Air Preheater Company - Lisle, IL ALSTOM Power Air Preheater Company - Wexford, PA ALSTOM Power KK - Kobe, Japan ALSTOM Power Gmb. H - Bammental, Germany ALSTOM Power Energy Recovery - Kassel, Germany ALSTOM Power Energy Recovery - London, England ALSTOM Power Air Preheater Equipamentos - Vinhedo, Brazil 20 + Licensees and partially owned companies ALSTOM Power Inc. Air Preheater Company 20, 000 Installed Air Preheaters 18, 000 Mills

The Air Preheater Company Worldwide Businesses North America Europe Asia 49% of Revenue 26% of Revenue 25% of Revenue London, U. K. Kassel, Germany Dusseldorf, Germany Wellsville, NY (Headquarters) Lisle/Naperville, IL Concordia, KS Windsor, CT Bammental, Germany Nihon Kengyo, Japan Stuttgart, Germany Wexford, PA Kobe, Japan Vinhedo, Brazil Manufacturing Facilities Engineering Facilities ALSTOM Power Inc. Air Preheater Company

Air Preheater Company The first 80 years Located in Wellsville, New York Since 1923 þ Company History: Ä 1925: Air Preheater Corporation was Founded. Ä 1933: Sold to Superheater Company of America Ä 1948: Superheater Company Merged with Combustion Engineering, Inc. , to form Combustion Engineering. Superheater, Inc. Ä 1953: Became Combustion Engineering, Inc. Ä 1977: Brazil subsidiary company formed, now called Alstom Air Preheater Equipamentos. Ä 1981: An Agreement for Manufacturing and Engineering Technology for Ljungstrom Utility-Sized Air Preheaters Was Signed With the People’s Republic of China. Ä 1990: ABB Asea Brown Boveri Ltd. Acquired Combustion Engineering, Inc. Ä 1995: ABB Raymond, Inc. was consolidated with ABB Air Preheater, Inc. Ä 1999: Became part of ABB JV with ALSTOM Ä 2000: Became fully owned by ALSTOM Power Inc. Air Preheater Company

Air Preheater Company Manufacturing Facilities Description Wellsville, NY Floor Space (Sq ft) – Manufacturing – Whse. & Shipping – Offices & Services Concordia, KS 251, 082 28, 400 19, 300 84, 400 17, 000 7, 800 Concordia, Kansas Total 298, 782 109, 200 Workload (Direct Hours) 570, 000 320, 000 Capabilities Employees - CNC Metal Prep Equip. - CNC Machining - - Extensive Weld Processes Roll Forming Robotic Welding Precision Assembly 100 Ton Lift Capacity 664 Extensive Weld Processes Robotic Welding Precision Assembly 30 Ton Lift Capacity 256 ALSTOM Power Inc. Air Preheater Company Wellsville, New York

Air Preheater Company Strengths Customer Advantages • • • Strong financial stability Oxidizer experience since 1958 Complete dedicated manufacturing capabilities In-house personnel = 225 years of oxidizer experience Single-Source responsibility from Control Panel to the Stack, Installation and Start-up • Engineered for your specific needs • Customer focused - Quality driven - ISO 9001 ALSTOM Power Inc. Air Preheater Company