1. © Copyright 2005 Frost & Sullivan. All Rights Reserved. North American Market for Water & Wastewater Treatment in the Pulp & Paper Industry – An End-User Study Aging Infrastructure and Regulatory Pressures Key Drivers of Growth Environment Group “Even as the pulp & paper industry approaches saturation, increasingly aging infrastructure and legislative compliance continue to drive the growth of repair and replacement and technology upgrade markets. Expansions and extensions to existing systems also offer growth opportunities.”

2. © Copyright 2005 Frost & Sullivan. All Rights Reserved. Industry Trends Suppliers in both water and wastewater treatment equipment have equal opportunities in system repair and replacement markets Environmental engineering and consulting firms have increased opportunities in design and planning for extensions and expansions of existing facilities The pulp & paper industry is in the growth to maturity stage Regulations and legislative compliance drive technology upgrade and update markets Customers are increasingly buying into improved after sales service Interest in full outsourcing in this market is still relatively undeveloped Specific technology interests lie in newer technologies

3. © Copyright 2005 Frost & Sullivan. All Rights Reserved. Key Features Frost & Sullivan Provides: Market overview and introduction to the customer Customer requirements Key investment decisions Product related criteria Service related criteria Evaluation of suppliers Supplier selection Supplier Selection Criteria Supplier Information Criteria

4. © Copyright 2005 Frost & Sullivan. All Rights Reserved. Key Features (Cont’d) Perception of suppliers and new entrants Investment patterns and contractual demands Strategic conclusions

5. © Copyright 2005 Frost & Sullivan. All Rights Reserved. What We Offer Coverage: North America Proven methodology encompassing extensive primary and secondary data and research Focused information and strategies that cover business and technology issues Credible data and analysis highlighting industry dynamics Winning strategies to help you create precise business plans

6. © Copyright 2005 Frost & Sullivan. All Rights Reserved. Who Will Benefit? Current Market Participants Find out how you compare to the competition Assess the current customer requirements in this industry Determine and exploit new market share opportunities New Entrants Analyze challenges associated with the industry Calculate time scales for strategy implementation Position yourself to capitalize on the market’s unmet needs Investment Community Analyze long-term strategies of water & wastewater treatment companies Determine which participants will outperform the competition Assess attractiveness of investing in the water & wastewater treatment market

7. © Copyright 2005 Frost & Sullivan. All Rights Reserved. Air Products and Chemicals, Inc. Alfa Laval Andritz Aqua Aerobic Systems Calgon Carbon Corp. Culligan FB Leopold GE Water GL&V Infilco Degrémont Ionics ITT Fluid Technologies Key Market Participants Koch Industries Millipore Nalco Pall Corp. Parkson Purac Severn Trent Services Trojan Technologies US Filter Walker Process Zenon Environmental

8. © Copyright 2005 Frost & Sullivan. All Rights Reserved. Call toll free 877 GO FROST (877.463.7678) Fax toll free 888.690.3329 E-mail myfrost@frost.com Visit www.frost.com For More Information