TOM CARNAHAN WIND CAPITAL GROUP Wind Update 2007

TOM CARNAHAN WIND CAPITAL GROUP Wind Update 2007 Renewable Conference March 28, 2007 Page 1

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AWEA WIND MAP Page 3

Wind Energy Projects Throughout the United States of America Ak WA 818 2 OR 439 MT 146 ID 75 WY 288 CA 2361 CO 291 NM 497 HI 49 SD 44 NH MN 895 NE 73 NV UT 1 ND 178 KS 364 OK 535 WI 53 936 IA IL 107 MO VT 1 370 6 NY 4 MI 3 PA 179 OH 7 66 WV 29 TN AR 0. 1 TX 2768 Page 4 ME 9 MA RI 1 NJ 8 MD

MISSOURI WIND FARM LOCATIONS Bluegrass Ridge Page 5

Anita Randolph---MO DNR Page 6

TOM CARNAHAN AND LANDOWNER, LARRY SEALEY AT BLUEGRASS RIDGE Page 7

BLUEGRASS RIDGE TURBINES ON A LOW CLOUD DAY COMMUNITY SUPPORT “Acre for acre, wind will be the most profitable crop we harvest, not to mention what it will do for the local schools” - Mike Waltemath Page 8

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MISSOURI WIND FARM LOCATIONS Cow Branch Page 10

COMMUNITY SUPPORT Page 11

INVESTMENT John Deere has invested more than $225 mil in Missouri wind energy projects Page 12

MISSOURI WIND FARM LOCATIONS Conception Page 13

AN AGGRESSIVE TIMELINE: END OF 2005 – TALKS BEGIN Page 14

JANUARY 2006 BLUEGRASS RIDGE ANNOUNCED Page 15

BLUEGRASS RIDGE SUBSTATION CONSTRUCTION STARTED EARLY SPRING Page 16

JULY 2006 – COW BRANCH WIND ENERGY PROJECT ANNOUNCED Page 17

OCTOBER 2006 – CONCEPTION WIND ENERGY PROJECT ANNOUNCED Page 18

MARCH 2007 – CONSTRUCTION COMPLETED BLUEGRASS RIDGE Page 19

1 st QUARTER 2007 – BLUEGRASS RIDGE BEGINS GENERATION Page 20

YEAR END 2007 – EXPECTED CONSTRUCTION COMPLETION COW BRANCH AND CONCEPTION Page 21

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MISSOURI ELECTRIC COOPS Page 23

Eric Chamberlain---Wind Czar Page 24

MISSOURI WIND FARM LOCATIONS Loess Hills Wind Farm Page 25

Wind. Capital. Group. com Page 26