1. Battelle- Korea Your Innovation Partner BUSINESS SENSITIVE Battelle-Korea and Battelle Dr. Joan Adams, Chief Technology Officer Battelle-Korea July 28, 2006

2. Battelle- Korea Your Innovation Partner Battelle-Korea Established on January 13, 2006 Wholly-owned subsidiary of Battelle First 3 staff transferred from US –Dr. Richard C. Adams, President and CEO –Dr. Joan F. Adams, SVP Business and Technology Development –Ms. Synwon Yoon, Office Manager HQ location – Nara Tower, Floor 7, Cheongdam Dong, Seoul Three business models: –Contract R&D –Laboratory Management –Technology Commercialization

3. Battelle- Korea Your Innovation Partner Battelle-Korea: Business Strategy Initial focus in four technical areas: –Advanced materials (including nanotechnology, bio-based products) –Biotechnology (biomarkers, proteomics, cell therapy, drug delivery products) –Energy (including fuel cells) –Infrastructure protection (bio/chemical/physical protection systems) Seeking to build strong partnerships with Korean public and private sector organizations –Government/Research Councils/National Laboratories –Universities –Commercial Firms Seeking to build laboratory-based science and technology capabilities with Korea partners –Will jointly invest (including bringing senior technical staff from Battelle US) –Focused on building strong technical teams in areas of advanced materials and biotechnology

4. Battelle- Korea Your Innovation Partner Battelle: World’s Largest Non-Profit R&D Organization Pacific Northwest National Laboratory Richland, Washington Corporate Headquarters Columbus, Ohio Brookhaven National Laboratory Long Island, New York Oak Ridge National Laboratory Oak Ridge, Tennessee National Renewable Energy Laboratory Golden, Colorado Idaho National Laboratory Idaho Falls, ID $3.5B in R&D; 20,000 employees worldwide

5. Battelle- Korea Your Innovation Partner  Non-profit, charitable trust  Distributions that provide “the greatest good to humanity”  Purposes:  “Creative and Research Work”  “Making of discoveries and inventions”  Better education of men and women for employment  Governed by a self-perpetuating Board of Directors For 75 years, we have been engaged in scientific discovery and refining approaches to translating discovery into practical applications Battelle’s Purposes, Defined in the Will of Gordon Battelle, Focus on Innovation BUSINESS SENSITIVE

6. Battelle- Korea Your Innovation Partner The hallmarks of Battelle will remain: Our vision for Battelle is embodied in our strategic intent Battelle will be a major force in science and technology discovery and in the translation of knowledge into innovative applications that have significant societal and economic impact in order to be a significant benefactor for education and charitable enterprises Operation with distinction of significant research laboratories focused on expanding the horizons of science and technology Outstanding translation of discovery to achieve mission-critical outcomes Commercial realization of innovation through partnerships and ventures Charitable and educational contributions of significant impact to our communities

7. Battelle- Korea Your Innovation Partner Battelle Delivers Three Closely Linked Business Models To Customers To Enable Their Success S&T Management Commercialization Contract R&D serves as a critical national S&T asset and provides the access to leading edge S&T and IP for clients of the Labs, BSTI, and Battelle Ventures integrates the S&T and IP into innovative solutions to significant problems of clients for a fee, generating large cash flow to support renewal and charitable distributions provides contemporary commercial marketplace knowledge and significant financial returns to the Labs and Battelle, for renewal and distribution to the community Assuring Sustainability of Battelle

8. Battelle- Korea Your Innovation Partner Battelle Organization Chart Battelle William J. Madia Executive Vice President Donald P. McConnell Sr. VP - Battelle Deputy/COO Corporate & General Counsel & Administrative Services Jerome R. Bahlmann Senior Vice President Battelle Science & Technology International Gregory L. Frank Executive Vice President Battelle Ventures Mort Collins General Partner Laboratory Operations Carl F. Kohrt President and CEO International Partnerships Richard C. Adams Senior Vice President Corporate Finance I. Martin Inglis Executive Vice President Organizational Development Robert W. Smith, Jr. Senior Vice President Corporate Environment, Safety, Health & Quality Jan Preston Vice President January 2006 External Business Relations Richard D. Rosen Vice President

9. Battelle- Korea Your Innovation Partner Integrated S&T and Business Strategies Generate Battelle Signatures Homeland Security National Defense Energy/Environment Health and Life Sciences Management & Operations of R&D Laboratories Advanced Materials 9 BUSINESS SENSITIVE

10. Battelle- Korea Your Innovation Partner Signature S&T Investments Span Both Applied and Emerging Technologies Fuel Cell Systems Create Battelle fuel cell system platform and secure high potential commercial IP positions Nano Science & Technology Build Battelle foundation in nanotechnologies with broad potential for future businesses Translate foundations in systems biology to human health and defense bio-marker applications Genomic Biology: Bio-markers Knowledge Management Build Battelle information technology platform for converting complex data sets into actionable information

11. Battelle- Korea Your Innovation Partner Battelle Is Committed To Growing Our International Collaborations Focused approach to the international market –Identify high priority countries to build a presence, e.g. Korea –Identify enduring value proposition/competitive advantage to both countries –Seek two-way innovation flow –Establish long-term R&D presence Pursue contract research, laboratory management, and commercialization opportunities Leverage national laboratory programs and relationships outside the U.S. International presence allows access to new sources of innovation, non-U.S. R&D infrastructure