This presentation has been prepared and is provided for information purposes only. It is not intended to be a complete presentation of ConBio AS or its business areas; Production of Electric / Thermal / Cooling Energy and ‘Co-Firing Biomass & Coal’. Under no circumstances is it to be used or considered as an offer to sell, or a solicitation of any offer to buy securities. While all reasonable care has been taken to ensure that the information contained herein is not untrue or misleading at the time of publication, we make no representation as to its accuracy or completeness and it should not be relied upon as such. This presentation is provided solely for the information of professional capital sources who are expected to make their own investment decisions without reliance on this presentation and neither ConBio AS, its directors, management nor advisors accept any liability whatsoever for any direct or consequential loss arising from any use of this presentation or its contents. It may not be circulated to or used by other investors or capital sources for any purpose whatsoever. This presentation may not be reproduced, distributed or published by any recipient for any purpose.

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WORKSHOP – DEPONI & ENERGI

AVFALLSNORGE03-04.11.2009

www.conbio.no post@conbio.no

ConBio Softwareshall deliver IT based management & analysis tools to biomass based energy companies be it receivers or suppliers of value added fuel or thermal cooling and electric energy.

ConBio Polskawas established to supply biomass fuel to the east European Coal Power industry for cofiringprojects.

ConBio International ABwas establish as a trading unit within the group. The unit traded value added fuel basically briquettes and pellets within the Scandinavian and Baltic countries.

CEO: KNUTE FOSS

ConBio ASis a leading service supplier to the renewable energy sector with the best know-how and tools . ConBio’s main focus is on Biobased business development and the role of Bioenergy in the climate debate. ConBio is an ideal business development partner for Energy companies, Forest owners, Municipalities, Public authorities and development organizations.

ConBio ABwas established as a consulting & trading unit within the Bioenergy business. The company is owned 100% by Urban Larsson and trades round wood and wood chips in the Scandinavian and Baltic countries.

50% 50%

100%

3

CV Knute Foss –Business Development - Project Manager

• Knute Foss (Norwegian, born 1950) holds aBSc in wood technology from the NorwegianInstitute of Timber Technology.

• He brings more than 30 years of professionalexperience from planning, projecting,designing, commissioning and managingforest based industries.

• Mr. Foss has been engaged on internationalassignments for more than 20 years,covering regions such as Africa, Australia/NewZealand, South America, Asia and Europe.

• Mr. Foss has been advisor to individualcompanies in the forest industry as well as toindustry organizations. He has lead numerousdevelopment projects both for internationalorganizations and corporates.

• Mr. Foss has his own business developmentcompany ConBio AS with assignments such asProject Manager for The SB Group (Waste toCHP Energy) and development of a greenpaper on business strategies within the Bioenergy industry for the Norwegian WoodIndustry Association (Treindustrien).

• From 1997 to 2002 Mr. Foss was engaged byAS Norske Shell as advisor on renewableenergy, during which he designed andsupervised the building of a briquette factory.

• From 1990 to 1995, Mr. Foss was engaged asForestry Officer in FAO of the UN (Rome, Italy)responsible for Mech. Forest industries.

• Prior to this, Mr. Foss has extensive experienceas advisor to the forestry industry, coveringtechnical as well as commercial andmanagement aspects

• He has also worked on numerousdevelopment/field projects in Europe,Australia and Africa, including 3 years forNORAD and 2 years for SIDA

Background Professional career

15.000 trailerlass med avfall / år går til Sverige30.000 lastebilbevegelser / år6 Millioner km utkjørt distanse (Trafikkulykker / Svevestøv / Veislitasje etc.)9600 tonn CO2

720GWh energiVerdiskapningen på + NOK 250 Mill i SverigeKrever NOK 500 / tonn i gate fee

1 tonn avfall benyttet i fjernvarmeanlegg i Norge gir0,125 lastebilbevegelser / år5,6 km utkjørt distanse9kg CO2 fra inntransport og 160 kg CO2 fra støttebrensel2300 kWh termisk energi (ingen CHP grunnet ugunstig lastkurve)Krever NOK 1000 / tonn gate fee for lønnsom anleggsinvestering

BAKTEPPE I –Innenlands utnyttelse og eksport av avfall

For å gjøre det trenger de:1,700 TWH Termisk energi (Til tørking av Trelast og Biprodukter)

0,145 TWh Elektrisk energi

Brukes Avfall til å CHP generere denne energien vil det gi:Muligheter for desentralisert energi gjenvinning av

800 til 900 000 tonn avfallFærre Lastebilbevegelser / år (sluttbehandling nærmere kilde)Redusert CO2 fra inntransport og 0 kg CO2 fra støttebrensel4,6 TWh med foredlet biobrensel som nedstrøms kan produsere3,9 TWh termisk energi og konkurrere med tungolje

på energipris (Høyere energitetthet i transport og lagringsleddet i forhold til avfall)1 Million tonn i innspart CO2 utslipp Behøver langt mindre enn NOK 1000 / tonn i gate fee

BAKTEPPE II –Treindustriens Sagbruk foredler 4,4 millioner m3 Tømmer /år

Resource Input

Process

Output End-use

ENERGY FIELDS & WELLS

VALUE ADDING & DISTRIBUTION

ENERGY FIELDS & WELLS

ENDUSERS OF ELECTRIC, HEATING, & COOLING ENERGY

BAKTEPPE III –Forsøke å få disse aktørene I Norsk industri og samfunnsliv til å snakke sammen

Up Stream

Down Stream

Raff

WASTE

VIRGINBIOMASS

V.A. Bio FuelThermal Cooling EnergyElectric EUAs-CERs

WasteCitiesMunicipalitiesIndustries

Private, Commercial& Ind. Buildings-Co firing Bio/Coal-Substituting FossilFuel with Biomass in Ind. Processes-GHG Reduction

Resource Input

Process

Output End-use

The Waste to Energy value chainConBio Concept

Fact-finding-prefeasibility studyFeasibility study-finance-plan

Project-build-commission-operateCollect-transport-sort-store-crush-

burn-dry-press-pack-distributeetc-etc

Environmental

Profiling

Green

Certificates

CO2

Quotas

Energy Services

Recycled WoodCitiesMunicipalitiesIndustries

Virgin FiberWood industriesPrivate Farmers /Foresters

Positiv Cashflow

Negativ Cashflow

STRATEGY ELEMENT I – Waste to Energy & Energy Services segment

Recycling companies and local politicians are presently being lured

into short sighted, long-lasting and for them expensive solutions

for final treatment of organic waste.

Development of large waste based district heating systems involves:

• Trenches filled up with a conglomerate ofinfrastructure

• Taps public budgets not counted for inCon.analysis

• Long lasting disturbance in the society

• Slow down on entrepreneur ship

• Heavy investments

-

5 000

10 000

15 000

20 000

25 000

30 000

35 000

40 000

45 000

1 2 3 4 5 6 7 8 9 10 11 12

Salable EnergyCO2

FootprintTruck

Movements

COMPARISON OF TECHNICALITIES ConBio Waste 2 Energy concept VS Waste Based District Heating Plants

Slow reaction to load changes

JobOpportunities

-

500

1 000

1 500

2 000

2 500

3 000

3 500

4 000

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59

kW Installed Capacity

Number of Captive customers

12 8 5 7 8 5 1 2 3 2

INSTALLED CAPACITY IN A CONSESSION AREA & Deviation on capacity levels

Annual energy requirement = 75 GWh

72% < 0,5 MW

92% < 1,0 MW

Comparison of Ech/Tech parameters for aTraditional Waste Based District heating

VS The ConBio Waste to Energy ConceptValues are related to 1 ton of processed waste

Gate Fee Same Heat Pr

Gate Fee Heavy Oil/Saw. M

- 1 000 2 000 3 000 4 000 5 000 6 000 7 000

Therm Prod

El. Prod

NPV

Capex

Opex

Gross Income

Support Fuel

Traffik LoadTraditional Consept

ConBio Consept

kWh,US$,tonnkm / MT of Waste

Key Factor Comparison

EL kWh

Water kWh

Steam kWh

Virgin VA Biomass kWh-MT

PROCESS FLOW – WASTE 2 ENERGY

Lumber Dryers

Heating

Biomass Dryer

Fuel Dryer

C

H

P

P

L

A

N

T

EL kWh

H&C Water kWh

Steam kWhC

C

H

P

Pl

Green Cert

CO2 Quotas

WasteCitiesMunicipalitiesIndustries

Waste Dryer

Flare Gas

Baler

Baled SD WasteCrusher

Dry WB Fuel

E

N

D

U

S

E

Logs

STRATEGY ELEMENT II - Energy services

Chips and sawdust are voluminous commodities and expensive to store and transport,is difficult to handle/burn and hence creates negative attitudes towards bio based fuel

Oil Companies did not build a heating market with crude oil

Farmers & forest owners may be good at what they are doing, but will never be able to build an energy business based on Forest Residues

Green chips and logging residues are not a suitable energy carrier in an energy market that is not used to spills, dust and farm tractors in urban settings

Wet fuel reduces boiler efficiency and increases fuel consumption compared to dried value-added fuel. Buying fuel measured in bulk m3 is a gamble regarding actual energy cost CU/kWh.

We have to build a logistic chain as close to the oil business as possible.

That means dry, compressed and well presented BIOENERGY

www.conbio.no post@conbio.no

As an alternativeENERGYCARRIER

To Oil & Gas

Which logistic chain are easier to sell

in to investors and the common man

in the street

THIS

Fuel Storage

www.conbio.no post@conbio.no

OR THIS

Demo Links

Shaving Line

Multi Product. Dryer

IT Support

CDM / JI Projects ”ACIDTEST”Co-Firing Coal

ELGEN

DRYER SIMULATIONPRICECALC

3)- 3)- 3)-

2)-

1)- 4)-

5)- 7)-

6)-W2E

www.conbio.no post@conbio.no

Med Vennlig Hilsen / Kind RegardsKnute Foss

P Save a tree. Avoid printing this presentation unless deemed necessary.

___________________________________ ConBio AS - ConBio-int ABØstre Solørveg 26, NO-2211, Kongsvinger, Norway.Phone: +47 62 82 51 07 Fax: +47 95 55 76 84 Mobile +47 950 28 410 Mailto: knute.foss@conbio.noURL: www.conbio.no

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