IDA IRELAND PROPERTY STRATEGY Paul Cronin October 11th 2007

Ireland 4 million people Member of EU 12.5% Corporation Tax Highly skilled workforce 4.4% GDP Growth in 2006 1,050 FDI companies

IDA Ireland Irish Investment & Development Agency Established in 1969 Attracts new investment from overseas Encourages expansions

“One Stop Shop” Only Agency for FDI Only FDI Own Budget – approves and gives grants Owns Business Parks Advocate for FDI client for all issues

IDA IRELAND Property Division

Property Evolution 60’s-70’s • Land transferred from Local Authorities to IDA. • Industrial Estates & Buildings owned and managed by IDA. 60’s-90’s • 2 hectares Sites, 4,000 sq m² Factory ‘80’s • PPP for 110 Factories ‘90’s • Office Buildings for Service Sector, IFSC • Quality Environment with Landscaping 2004-2010 • Infrastructure to World Class Standard. • Strategic Differentiator.

CURRENT ACTIVITIES ACQUISITION Freehold DISPOSAL Leasehold Freehold DEVELOPMENT Leasehold Land Owners Local Authority NRA, Irish Rail State Agencies e.g. Teagasc Estate Agents Consultants FDI Clients Irish Clients Open Market Local Authority Local Authority Consultants Engineers & Architects Contractors NRA EPA Bord Gais ESB Private Developers

IDA “Flagship Business Parks” - The evolution, current and future status

IDA’s “Flagship Business Parks” Letterkenny 25 IDA “Flagship Business Parks” Located in line with National Spatial Strategy 350 Hectares Available Rolling Replacement Sligo Castlebar Cavan Westport Navan Roscommon Mullingar Tuam Athlone Galway Ballinasloe Tullamore Portlaoise Carlow Arklow Kilkenny Clonmel Wexford Fermoy Cork/Kilbarry

Ballybrit Galway – the “Industrial Estate” of the early 70’s

Carlow Business & Technology Park - Flexible building propositions located on a World Class Business & Technology Park

Defining The “ Integrated Park ” Concept

Keeping Ireland as a a world class location for Pharmaceuticals & Bio Technology

Pharmaceutical Industry Overview 48% market share in 2004 - BCI Consulting 9 of the top 10 Pharma companies in Ireland €33bn + in Pharmaceutical Exports 19,500 Employees 6/10 Blockbusters Excellent regulatory record 32 FDA approved plants Largest contributor of corporation tax

World’s Leading Companies in Ireland

Strategic Site Initiative Zoned Land > 30 hectares Proximity to Road, Air, Rail, Ports Water Supply > 2,000,000 Litres Per Day Direct Access to Waste Water Treatment Natural Gas High Pressure Connection Electricity > 15/20 mva

Strategic Sites Dundalk Mullagharlin Dublin Blanchardstown Grangecastle Dundalk Dublin Galway Oranmore Athenry Galway Waterford Belview Knockhouse Waterford Cork Cork Ringaskiddy Carrigtwohill

Dublin Blanchardstown Grangecastle College Business Park ▪ 44.5 ha in IDA Control ▪ Full Infrastructure Availability Grangecastle ▪ 120 ha in Public Ownership ▪ Advance Planning for Wafer Fab College BP Grangecastle

Key Stakeholder Relationships TEAM IRELAND Key Personnel Client Liaison Itinerary Attendance Industry Needs Strategic Vision

Oranmore Site LAND c.27 Hectares WATER 2272 m³ per day POWER Up to 25 Mw GAS 5000m3 hr available EFFLUENT Municipal plant with 2272m3 hyd capacity & 4000 p.e.* organic capacity (* p.e. = Population Equivalent)

The World’s first Pre – Permitted BioPharma Facility Pre-permitted shell allows immediate start on site with known conditions and neighbour interfaces. Flexible generic manufacturing buildings allows internal re-configuration to any client requirements without recourse to planning authority Phasing of project allows huge manufacturing and scale flexibility. Site serviced with large scale utilities and known environmental thresholds.

Galway City Context

Oranmore Site Master Planning

Potential Scope of Project and Phasing Possibilities

IDA Oranmore Galway - Biotech Campus

Thank You