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

Power Environment Sector - Overview Headquartered in Paris, France ~ 3.5 Billion Revenues ~ 13,000 People in 70 Countries Five Sector Businesses Energy Recovery Systems ~ 13% Utility Boilers ~ 29% Environmental Control Systems ~ 13% Heat Recovery & Plants ~ 20% Hydro ~ 25% Largest Worldwide Installed Base!

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 ALSTOM Power Air Preheater Company - Lisle, IL ALSTOM Power Air Preheater Company - Wexford, PA ALSTOM Power KK - Kobe, Japan ALSTOM Power GmbH - 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 - Wellsville, NY 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 Wellsville, NY (Headquarters) Dusseldorf, Germany Windsor, CT Bammental, Germany Nihon Kengyo, Japan Lisle/Naperville, IL Stuttgart, Germany Concordia, KS Wexford, PA Kobe, Japan Vinhedo, Brazil Manufacturing Facilities Engineering Facilities

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

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