1. National Aluminium Company Limited Integrated operations : Bauxite – Alumina – Aluminium – Power & Port Facilities Share Holders & Financial Advisors March 2008

2. 2 Spectrum of Operations  8 TH LARGEST BAUXITE DEPOSIT IN THE WORLD.  LOW ENERGY CONSUMPTION.  48 LAKH TPY CAPACITY- BEING EXPANDED TO 63 LAKH TPY.  MECHANIZED MINES WITH HIGH PRODUCTIVITY.  TRANSPORT THROUGH CONVEYOR BELT (14.6 KM).  100% CAPACITY UTILIZATION. 15.75 LAKH TPY CAPACITY- BEING EXPANDED TO 21 LAKH TPY. AMONG THE LOWEST COST PRODUCERS. SPL. HYDRATES, SPL. ALUMINA AND ZEOLITE ADDED. CO-GENERATION POWER OF 55.5 MW FROM PROCESS STEAM. 100% CAPACITY UTILIZATION. DEBOTTLENECKING TO INCREASE CAPACITY TO 22.75 LAKH TPY BY 2010. Bauxite MineAlumina Refinery

3. 3 Spectrum of Operations MODERN TECHNOLOGY FROM AP, FRANCE. CAPACITY 3.45 LAKH TPY- BEING EXPANDED TO 4.6 LAKH TPY. INTEGRATED ANODE MAKING, ALUMINIUM CASTING AND ROLLING. INGOTS, BILLETS, WIRE RODS, SOWS & STRIP COILS. 50,000 MT CAPACITY ROLLED PRODUCTS UNIT. 960 MW -CAPACITY- BEING EXPANDED TO 1200 MW. LOW COST OPERATION. HIGH PLANT LOAD FACTOR. ADVANCED ELECTROSTATIC PRECIPITATOR (99.9% EFFICIENCY) TO CONTROL POLLUTION. ZERO DISCHARGE OF EFFLUENTS. VIZAG : CAPACITY TO HANDLE SHIPS UPTO 35,000 DWT. MECHANIZED MOBILE SHIP LOADER. MECHANIZED STORAGE FACILITIY. EXPORT OF ALUMINA AND IMPORT OF CAUSTIC SODA. OTHERS : EXPORT OF ALUMINIUM THROUGH KOLKATA & PARADIP PORTS. Aluminium SmelterThermal Power PlantPort facility

4. 4 PAST HIGHLIGHTS CAGR 24% CAGR 46% CAGR 15% CAGR 46% SALESExports Net Profit EPS Rs. Crore Rs.

5. 5 PRODUCTION – NEXT FIVE YEARS

6. 6 FINANCIAL PERFORMANCE – NEXT FIVE YEARS

7. 7 Growth Initiatives

8. 8 EXPANSION OF REFINERY  5 TH STREAM OF 7 LAKH MT IN REFINERY FROM YEAR 2012 (TOTAL CAPACITY – 30 LAKH MT)  INVESTMENT – Rs 1800 CRORE

9. 9 BAUXITE NEED OF REFINERY YEARSREFINERY CAPACITY ANNUAL BAUXITE CONSUMPTION TOTAL BAUXITE CONSUMPTION 2008-112368272 2012-40 (ADDITION OF 5 TH STREAM) 30892581 TOTAL 2853 LAKH MT

10. 10 BAUXITE RESERVE MINE2008 LEVELCUM PANCHPATMALI1860 POTTANGI7002560 LAKH MT REQUIREMENT TILL YEAR 2040 - 2853

11. 11 EXPANSION OF SMELTER 5 TH POTLINE OF 1.15 LAKH MT AT ANGUL INVESTMENT: Rs 1800 CRORE (SMELTER) Rs 500 CRORE – 1x 120 MW (POWER)

12. 12 5 TH POTLINE - ANGUL REQUIREMENT LAND :100 HECTARE POWER : 1.7 MU P.A. ( 120MW + SURPLUS ) COAL : 8.5 LAKH MT P.A. ALUMINA: 2.3 LAKH MT POSITION LAND: UNDER ACQUISITION BY GOVT COAL:ADDITIONAL LINKAGE OF 1O LAKH MT REQUIRED (UTKAL-E COAL BLOCK CAN CATER FOR 17 YEARS ONLY)

13. 13 BACKGROUND SURPLUS ALUMINA – 18 LAKH MT SURPLUS ALUMINA + VALUE ADDITION NEEDS CAPTIVE POWER REFINERY or SMELTER- NEEDS BAUXITE / COAL

14. 14 GREENFIELD SMELTER SETTING UP 5 LAKH MT SMELTER IN TWO PHASES OF 2.5 LAKH MT EACH 7000MU POWER NEEDED - 1250 MW CAPACITY CAPTIVE POWER PLANT NEEDS 75 LAKH MT COAL OR 80 BILLION CUBIC FT GAS PER YEAR.

15. 15 INDIA (ORISSA) MINES + REFINERY + POWER + SMELTER REFINERY + POWER + SMELTER POWER + SMELTER

16. 16 PLANTSINVESTMENT POWER – 1250 MW SMELTER – 5 LTPA Rs 16,000 CRORE REFINERY – 7 LTPA POWER – 1250 MW SMELTER - 5 LTPA Rs 24,000 CRORE MINE – 42 LTPA REFINERY – 14 LTPA POWER – 1250 MW SMELTER - 5 LTPA Rs 24,500 CRORE INVESTMENT- INDIA

17. 17 ABROAD SMELTER + POWER (Gas-based) SMELTER + POWER (Coal-based) SMELTER (Where power is purchased) Contd..

18. 18 ABROAD INDONESIA: MoU signed with Govt. of South Sumatra. Consultant being engaged in Indonesia to prepare feasibility report. SAUDI ARABIA: Discussions on with potential local partner of Gulf for setting up Plants in Saudi Arabia in JV. Contd..

19. 19 SOUTH AFRICA: Matter being pursued with South African Govt for JV, with a local Group IRAN: Discussions on with a local Company of Iran for JV. ABROAD

20. 20 INVESTMENT- ABROAD PLANTSINVESTMENT POWER(COAL)– 1250 MW SMELTER – 5 LTPA Rs 16,000 CRORE POWER(GAS) – 1320 MW SMELTER – 5 LTPA Rs 15,000 CRORE

21. 21 UP & DOWNSTREAM INTEGRATION

22. 22 FLY ASH UTILIZATION CAUSTIC SODA PROJECT WIND POWER PROJECT ALUMINIUM WAGON PROJECT CT PITCH PROJECT UP & DOWNSTREAM INTEGRATION

23. 23 FLY ASH UTILIZATION: 12 EOI received to utilize fly ash and convert it into saleable products. Under evaluation. CAUSTIC SODA: 12 EOI received for setting up a 50 to 120 K MT plant. Under evaluation. UP & DOWNSTREAM INTEGRATION

24. 24 WIND POWER: Wind data being collected at Damanjodi. Target- 50 MW Farm by 2010. ALUMINIUM WAGON PROJECT: MOU being signed with BEML for prototype of Aluminium Rail Wagon. CT PITCH : Discussion with NINL is on for a JV project. UP & DOWNSTREAM INTEGRATION

25. 25 ALUMINIUM INDUSTRIAL PARK Park at Angul is proposed to be developed through a Special Purpose Vehicle (SPV) comprising NALCO, IDCO, OSFC, OSIC and other private parties. UP & DOWNSTREAM INTEGRATION

26. 26