1. B-NET THE NEXT GENERATION OF TELECOM SERVICES FOR PALESTINE Mr. Paul Wade, Marketing Consultant BCI

2. The Investment Opportunity …. B-Net is established as an independent operating company to own and operate full-service High Speed Data network delivering service within 3-6 months of final approvals offering an investment opportunity to participate in the growing ICT market in Palestine The Investment requirement: 3-year Capital requirement: $65 million BCI Investment: $16.5 million Investment Required: $48.5 million With opportunity for above average Return on Investment. ….with a clear exit strategy

3. ….the Wireless Broadband network for Palestine BCI is a leading telecom and IT services company in Palestine, with existing radio telecom network, facilities, and operating experience built up over 15 years with Leading Worldwide vendors and has already received licenses from the PNA for full-service broadband (Wimax) and VoIP -BCI has entered into a Technology partnership with Motorola and has an agreed technical assistant grant from USTDA BCI is a leading telecom and IT services company in Palestine, with existing radio telecom network, facilities, and operating experience built up over 15 years with Leading Worldwide vendors and has already received licenses from the PNA for full-service broadband (Wimax) and VoIP -BCI has entered into a Technology partnership with Motorola and has an agreed technical assistant grant from USTDA Who we are ……

4. The Market Need for Wimax in Palestine ….. …. demand is already present -There is pent-up market demand for broadband services in Palestine -Broadband penetration is low < 12% -High-speed services are expensive -Clear opportunity for aggressive competitive market entry B Net will deliver an “out of the box” solution Scope of Services High-speed Internet data services Voice services / VoIP Video and videoconferencing Managed services / Software as a service

5. Distribution is key ….. ….B-Net has the routes to market All designed around individual Segment requirements to enhance both acquisition and retention and reduce churn

6. Current Status ….. ….advanced stage of operations -All required licenses awarded in January 2008 -Network technical plan and specifications completed (Motorola) -Advanced negotiations underway with Joint Technical Committee -Offering memorandum under development (Network Dynamics Associates) -Marketing and operations plan to commence (USTDA grant) -Existing telecom assets in place (towers, operating center, technical support) - Beginning investment partner solicitation

7. In Summary …. First broadband competitor in high-growth Palestinian market Exceptional telecom operating experience in Palestine Deep technical expertise in wireless Near term exit potential via an IPO A full Prospectus is available to potential investors B-Net : The next generation of telecom services for Palestine Contact: sbaransi@bci.ps