Papyrus Australia Walkamin Conversion Facility Status update Nov 2009

Entrance to Mt Uncle Plantation, Walkamin

New Lady Finger Plantation near the Papyrus facility

Concrete foundation / floor being poured December 2008

Steel work being erected January 2009

Internal view of new shed January 2009

Road front view of new facility at Walkamin January 2009

Gas storage area view from back of the facility January 2009

Veneer dryer install in progress February 2009

Veneer dryer installation nearing completion February 2009

Beta veneering Unit in Situ March 2009

Beta veneering Unit being commissioned March 2009

Oil transfer thermal heating unit being installed March 2009

Trunk Billetiser / conveying system installation March 2009

Veneer exiting the BVU into the factory during commissioning May 2009

Veneer being conveyed and quality checked May 2009

Veneer ready for drying

Veneer tones post drying

Veneered coffee table on display during the Monaco Yacht show Sept 2009

Veneered Unit on display during the Monaco Yacht show Sept 2009

Veneered TV Unit on display during the Monaco Yacht show Sept 2009

Jaguar Airbag panel on display during the Monaco Yacht show Sept 2009

Banana fibre board product displayed during the Monaco Yacht show Sept 2009

Banana fibre board model boat filled with accelerant and set alight until it self extinguished (the burn time was approx 20mins) – it remained afloat and intact with only internal surface charring

Dried veneers with its deep tones and contrasting stripe engineered through process control

Thank you for your attention