2. Company Introduction 1 M/V Sales Team May 2012 http://www.snsvalve.co.kr http://www.snsvalve.co.kr Shine & Salt Share & Satisfaction Self-Creativity & Sincerity ADVANCED VALVE ENGINEERING

3. Yudang Village GENERAL INFORMATION GENERAL INFORMATION Shine & Salt Share & Satisfaction Self-Creativity & Sincerity 2

4. COMPANY HISTORY ESTABLISHED SEO-HEUNG( 瑞興 ) CORPORATION 1968 ACQUISITION OF KOREA SPECIAL VALVE INDUSTRY COMPANY( 高麗特殊閥門産業 ) 1979 GRANTED A LICENSE BY KOREA ELECTRIC POWER CORPORATION TO MANUFACTURE HIGH PRESSURE VALVES FOR POWER PLANT EQUIPMENT GRNATED A LICENSE BY KOREA GAS SAFETY CORPORATION TO MANUFACTURE HIGH PRESSURE EQUIPMENT REGISTERED & SUPPLIED TO KOREA GAS CORPORATION FOR MANUAL CYROGENIC VALVES 1983 ACQUISITION OF THE FACILITY OF SAMKWANG METAL CO.,LTD. AND CHANGED COMPANY NAME TO SEO HEUNG METAL CO., LTD.( 瑞興金屬 ) 1984 ENTERED INTO A TECHNICAL LICENSE AGREEMENT WITH KENSEI VALVE CO., LTD. (JAPAN) FOR HIGH PRESSURE FORGED STEEL VALVES 1986 ENTERED INTO A TECHNICAL LICENSE AGREEMENT AND CO-MANUFACTURING AGREEMENT WITH KEROTEST (USA) TO PRODUCE NUCLEAR VALVES GRANTED LICENSE TO MANUFACTURE VALVES FOR NUCLEAR POWER GENERATION BY THE MINISTRY OF SCIENCE (KOREA) 1989 GRANTED ISO 9001 CERTIFICATE BY TÜV-RHEINLAND 1994 REGISTERED OWN TRADE MARK “SAVE” BRAND 1995 ENTERED INTO A TECHNICAL LICENSE AGREEMENT AND CO-MANUFACTURING AGREEMENT WITH COPES-VULCAN INC. (USA) TO PRODUCE PNEUMATIC CONTROL VALVES 1996 GRANTED A LICENSE TO MANUFACTURE CONTROL VALVES FOR POWER PLANT EQUIPMENT BY KOREA ELECTRIC POWR COMPANY 1997 3 ADVANCED VALVE ENGINEERING GRANTED THE LICENSE OF API-6D (LICENSE NO. 6D-0304) GRANTED THE LICENSE OF KEPIC-MN ( NUCLEAR QUALITY ASSURANCE SYSTEM) BY KOREA ELECTRIC ASSOCIATION(KEA) 1999

5. COMPANY HISTORY APPROVED BY CLASS LLOYD’S REGISTER TO MANUFACTURE VARIOUS RAW-MATERILAL APPROVED BY CLASS BV’S REGISTER AS THE PROVISIONS OF RULL NOTE CNR 320 TO MANUFACTURE FORGED, CASTED, AND CRYOGENIC VALVES 2001 APPROVED BY CLASS BV’S REGISTER AS THE PROVISIONS OF RULL NOTE CNR 320 TO MANUFACTURE VARIOUS RAW MATERIALS 2002 4 ADVANCED VALVE ENGINEERING GRANTED A LICENSE BY TAIWAN POWER COMPANY TO MANUFACTURE NUCLEAR FORGED STEEL, CASTED BELLOWS SEAL & CHEVRON SEAL PACKING VALVES FOR LUNGMEN NPP PROJECT GRANTED A LICENSE BY CTCI-IHI CPC NORTHERN LNG TERNIMAL TO MANUFACTURE CRYOGENIC GLOBE, CHECK, NEEDLE, BALL & BUTTERFLY VALVES FOR CPC NORTHERN LNG TERNIMAL PROJECT 2005 REGISTERED AS AN APPROVED SUPPLIER AT JIANGSU NUCLEAR POWER CORPORATON(JNPC) FOR VARIOUS TYPES OF VALVES (QNC-CLASS) 2007 CI RENEWAL AND CHANGE OF COMPANY NAME TO S&S VALVE CO., LTD OBTAINED ASME “N” & “NPT” STAMP 2008 GRANTED TWO AWARDS BY KOERA HYDRO & NUCLEAR POWER CO. OTD (KHNP) TO MANUFACTURE AND SUPPLY J231(T, CONTROL VALVES FOR GENERAL SERVICE) & P206A(Q, ASEM III STEEL GATE, GLOBE VALVES WITH ACTUATOR) FOR SHINWULJIN #1~2 UNITS. ※ TOTAL REGISTERED VALVE PACKAGE AT KHNP : 10 PACKAGES - REGISTRATION NO. 201000065: P240(Q), P207(Q), J231(T) - REGISTRATION NO. 200900589: P206A(Q), P204(Q), P209(T), P206B(T), J232A(T), - REGISTRATION NO. 201000066: P208(Q), P214(T) 2010 GRANTED A AWARDS BY CHINSE NATIONAL OCEAN OIL COOPERATION(CNOOC) TO MANUFACTURE AND SUPPLY CRYOGENIC GLOBE & CHECK VALVES FOR ZHEJIANG LINGBO LNG TERMINAL. 2011

6. 5 New Excellent Product Certificate (NEP) Certificate of Patent Cryogenic Ball Valves LICENSES & CERTIFICATES 5 ADVANCED VALVE ENGINEERING ISO9001:2000 CE 0035 API 6D Fire Safety Test

7. 6 TYPE APPROVAL CERTIFICATE – BV/LR/KRS LICENSES & CERTIFICATES S&S ADVANCED VALVE ENGINEERING S&S ADVANCED VALVE ENGINEERING 6 Certificate of Authorization ASME N STAMP Class 1, 2 & 3 Certificate of Authorization ASME NPT STAMP Class 1, 2 & 3

8. 7 DESIGN CAPABILITY S&S Valves are designed to meet the ASME Sec-III Design Standards. In addition to 3D-modeling and analysis for structural safety, flow analysis is carried out on TRIM to guarantee its accurate Cv value as well as to verify structural strength under limited conditions at which actual testing is impossible to provide safe and accurate performance, 7 ADVANCED VALVE ENGINEERING DESIGN SOFTWARE 2D: AUTOCAD, MICROSTATION 3D: SOLIDWORK, PRO-3 Design Analysis Software: ANSYS10.0, COSMOWORKS

9. C/V : Control Valves, MOV : Motor Operated Valves, POV/AOV : Rheumatic/Air Operated Valves, M/V : Manual Valves ADVANCED VALVE ENGINEERING SAVE VALVE RANGES #1 SAVE VALVE RANGES #1 8

10. C/V : Control Valves, MOV : Motor Operated Valves, POV/AOV : Rheumatic/Air Operated Valves, M/V : Manual Valves ADVANCED VALVE ENGINEERING SAVE VELVE RANGES #2 SAVE VELVE RANGES #2 9

11. MAIN PRODUCT #1 & #2 MAIN PRODUCT #1 & #2 CASTING VALVES CASTING VALVES ADVANCED VALVE ENGINEERING TYPEGATE, GLOBE, CHECK, BALL, PLUG, ETC. SIZE 2” (50A) ~ 72” (1800A) BONNETBB, PSB, EXT MAT’LCARBON STEEL, ALLOY, HIGH ALLOY, STAINLESS STEEL, ETC. RATINGANSI #150 ~ #2500 END TYPEBW, FLANGED 10 BELLOWS SEALED VALVES BELLOWS SEALED VALVES TYPEGATE, GLOBE, Y-GLOBE, POV & MOV SIZE¼” ~ 2” (FORGED) 2” ~ 24” (CASTED) BODY MAT’L A105, F304(L), F316(L), F321, F1, F5, F9, F11, F22, F347, LF2,, BELLOWS MAT’L 316, 316L, 321, ETC INCONEL, HASTELLOY STEEL,ETC RATINGANSI #150 ~ #2500 TEMP. -196 ℃ ~ 650 ℃

12. MAIN PRODUCT #3 ADVANCED VALVE ENGINEERING TYPEGATE, GLOBE, ANGLE, NEEDLE, CHECK, BALL (3-PIECE), BALL (TOP-ENTRY), SAFETY SIZE¼” ~ 2” (FORGED) 2” ~ 36” (CASTED) BONNETLONG EXT. (DRIP-PLATE) BODY MAT’LF304, F316, CF8, CF8M, F304L, F316L, CF3, CF3M, ETC. RATINGANSI #150 ~ #2500 TEMP.DOWN TO - 196 ℃ OPERATIONMANUAL, CONTROL AOV, MOV, HOV, PSV, PRV LEVER, HAND-WHEEL, WORM-GEAR, ACTUATORS 11 CRYOGENIC VALVES CRYOGENIC VALVES

13. 12 Cryogenic Top Entry Ball Valves (36”, 20”) for LNG Terminal Process Line - Shanghai, China “Cryogenic Ball Valves” INSTALLATION IN SITE 12 ADVANCED VALVE ENGINEERING Cryogenic Manual Globe/Check Valves for LNG Terminal Process Line - Shanghai, China “Cryogenic Manual Valves”

14. 13 BORING MACHINE CNC MACHINEDRILL MACHINE LATHE MACHINE EQUIPMENTS & PRODUCTION LINE 13 WELDING MACHINEFURNACEPAINT BOOTH ASSY LINE ACTUATORASSEMBLY LINE M/V ASSEMBLY LINE C/V ADVANCED VALVE ENGINEERING

15. 14 HYDRO TERSTER 1HYDRO TESTER 2 INSPECTION & TEST EQUIPMENTS HYDRO TESTER 3ACTUATOR TESTER, DURABILITY 14 FIRE SAFETY TEST FLOW TEST EQUIPMENTFLOW CAPACITY TEST ADVANCED VALVE ENGINEERING

16. Shine & Salt Share & Satisfaction Self-Creativity & Sincerity HEAD & FACTORY #742, WONSI-DONG, DANWON-GU, ANSAN-SI GYEONGGI-DO, KOREA (TEL) +82-31-491-1747 (FAX) +82-31-491-0628 SEOUL OFFICE 15 th FL. S&S BUILDING, #68-5, GYEONJI-DONG JONGNO-GU, SEOUL, KOREA (TEL) +82-2-735-6522 (FAX) +82-2-739-1290 http://www.snsvalve.co.kr http://www.snsvalve.co.kr ADVANCED VALVE ENGINEERING 15