1. 1 ELECTRIC POWER POOLS

2. 2 UCTE: The Union for the Co-ordination of Transmission of Electricity BELGIUM GERMANY SPAIN ITALY Netherlands Denmark Poland Portugal FRANCE ROMANIA SLOVAKIA CZECH REPUBLIC HUNGARY ALBANIA SWITZELAND GREECE BOSNIA LUXEMBORG BULGARIA CROATIA

3. 3 UCTE POOL MEMBERS Belgium, Germany, Spain, France,Greece Italy, Slovenia, Croatia, Serbia Montenegro Bosnia-Herzegovina, Luxembourg, The Netherlands, Austria, Portugal, Switzerland Czech Republic, Hungary, Poland, Slovak Republic, Albania, Bulgaria, Denmark, Great Britain, Morocco, Romania, Sweden, West Ukraine (Burshtyn Island) Belgium, Germany, Spain, France,Greece Italy, Slovenia, Croatia, Serbia Montenegro Bosnia-Herzegovina, Luxembourg, The Netherlands, Austria, Portugal, Switzerland Czech Republic, Hungary, Poland, Slovak Republic, Albania, Bulgaria, Denmark, Great Britain, Morocco, Romania, Sweden, West Ukraine (Burshtyn Island)

4. 4 UCTE: INTERNAL ELECTRICITY MARKET 23 COUNTRIES IN EUROPE 23 COUNTRIES IN EUROPE ‘HEARTBEAT’ OF 50 HZ ‘HEARTBEAT’ OF 50 HZ EXPANSION TO TURKEY IS UNDERWAY EXPANSION TO TURKEY IS UNDERWAY PART OF TURKEY RADIAL ON UCTE PART OF TURKEY RADIAL ON UCTE FEASIBILITY UPTO VLADIVOSTOK!!! FEASIBILITY UPTO VLADIVOSTOK!!! 540 GW GENERATION CAPABILITY 540 GW GENERATION CAPABILITY CONNECTED TO NORD POOL AND NGC CONNECTED TO NORD POOL AND NGC

5. 5 SOUTH AFRICA POWER POOL SAPP POOL IS IN THE PROCESS OF EXPANDING AND STRENGTHENING INTER-COUNTRY TIES. OPERATES A SPOT MARKET 12 MEMBERS AS OF NOW 60,000 MW POOL

6. 6 SAPP POOL MEMBERS Botswana Power Corporation (BPC); Electricidade de Mocambique(EDM); Angola's Empresa Nacional de Electricidade (ENE); Electricity Supply Commission of Malawi (Escom); South Africa's Eskom; Lesotho Electricity Corporation (LEC); Namibia's NamPower; Swaziland Electricity Board (SEB); the Democratic Republic of Congo's (DRC) Societe Nationale d'Electricite (SNEL); Tanzania Electric Supply Company (Tanesco); Zimbabwe Electricity Supply Authority (ZESA) and Zambia Electricity Supply Corporation (ZESCO). Botswana Power Corporation (BPC); Electricidade de Mocambique(EDM); Angola's Empresa Nacional de Electricidade (ENE); Electricity Supply Commission of Malawi (Escom); South Africa's Eskom; Lesotho Electricity Corporation (LEC); Namibia's NamPower; Swaziland Electricity Board (SEB); the Democratic Republic of Congo's (DRC) Societe Nationale d'Electricite (SNEL); Tanzania Electric Supply Company (Tanesco); Zimbabwe Electricity Supply Authority (ZESA) and Zambia Electricity Supply Corporation (ZESCO).

7. 7 NORD POOL 1883 TWh in 2003 Average pool price $49.23 SPOT AND BALANCING MARKET Area: 449,964 SQKM Population: 9.0 million Consumption: 145.5 TWh Hydropower: 40 per cent Nuclear Power: 49 per cent Other thermal power: 11 per cent Area: 43,094 SQKM Population: 5.4 million Consumption: 35 TWh THERMAL: 87 per cent Wind: 13 per cent DENMARK NORWAY Area: 337,030 SQKM Population: 5.2 million Consumption: 85 TWh Hydropower: 12 per cent Nuclear Power: 27 per cent THERMAL: 61 per cent Area: 324,220 sq km Population: 4.6 million Consumption: 115 TWh 99 % HYDRO

8. 8