General Electric in Mongolia: Products and Solutions

Coal Mongolia 2012

February 09, 2012

Tumentsogt (Tumen) Tsevegmid Chief Representative GE International Inc. tumentsogt.tsevegmid@ge.com

Mining

Transportation

Energy

Healthcare

Lighting

GEs portfolio
Founded by Thomas Edison in 1878 Only company from the original 1896 Dow Jones index still listed today 4 businesses operating in more than 100 countries 125+ years Over 300,000 employees worldwide Revenue $160B (2010) Assets $ 750 billion

Energy Infrastructure

Technology Infrastructure

NBC Universal

Capital Finance

Energy Oil & Gas Water & Process Technologies

Aviation Enterprise Solutions Healthcare Transportation

Cable Film International Network Sports & Olympics

Aviation Financial Services Commercial Finance Energy Financial Services GE Money

Note: Excludes C&I segment, Corporate items & eliminations

Mongolia Mega Trends

Mega Trends in Mongolia

1. Mongolias mining sector driving economic growth 2. Rapid urbanization driving greater infrastructure needs 3. Substantial infrastructure needs 4. Economic diversification & value-added, local mfg & svcs will be encouraged 5. Renewable Energy policies supported

Supporting Facts Mining sector accounts 30% of GDP, 91% of exports and 40% of Government revenues GDP expected to grow 5-6 x in next 10 years US $6bn investment signed with Rio Tinto for OT ~45% of total population live in capital Investments of US$ 9 billion needed to meet urban housing and infrastructure needs by 2030 Installed MW to double in 10 years to 2000 MW Construction of 1,100 km out of total 5,684 km of railways

Sainshand industrial park project Mongolian Railway policy encourages domestic manufacturing & processing, job creation Renewable energy up 10% by 2020 to 200 MW Renewable Energy Law of 2007 provides preferential rates for power from renewable energy Mongolian Stock Exchange to adopt LSE platform Mongolia is to adopt European Union (EU) standards for its goods and services Mongolian companies successfully launched overseas IPOs Mongolias coal, mineral resources, renewable energy resources to address Chinas energy needs Developing Mongolia as a significant energy exporter will create synergies of scale

6. Improving Corporate Governance

7. Synergies between China and Mongolia

Market opportunities in Mongolia

Mining

Energy (PG)

Rail

Other

80mm tons of mining commodities to be transported in 5-10 years Substantial Mining Vertical Sales Opp. OHV, motors, electrics Assess opportunity to establish mining service JV Mining leasing opportunity

Current installed capacity to be doubled in 5 years (from 800MW to 2200MW in 5 years; no reserve capacity) Potential for largescale power generation for export (>10GW) Opportunities for gas turbine, Jenbacher, I/S, wind, crude oil and digital energy Smart energy for residential and telecom Country demand for 200-300 locomotives in next 5-10 years Interest from the Government of Mongolia to establish locomotive assembly/ maintenance JV to supply next 15 years locomotive needs

Several immediate hospital equipment supply opportunities Lighting infrastructure opportunities under discussion Future airplane leasing opportunity

GE mining

Water Treatment & Supply

Dust Control

4 3
Motors
Grinding Excavating Crushers Hoisting Fans & Pumps Generators Genuine GE Parts Conveyors Services

Power generation & Distribution Transportation

Transportation-Rail Locomotives Diesel Engines Signaling & Communication Products Traction Motors Full service Program On site service TransportationOHV AC & DC Electric drive system Electric drive system service and support Armature Exchange Program Electric Drive 5/ System GE Update 2/10/2012 Enhancements

Reverse Osmosis Hollow Fiber EDR/EDI/ED Thermal Evaporative Systems Mobile Water Systems Spiral-Wound Membranes Chemical Program Solutions

DusTreat Wetting Agents DusTreat Foaming Agents DusTreat Binders DusTreat Foam Binders DusTreat Crusting Agents

POWER GENERATIONGE ENERGY Steam Turbines Aero derivative Gas Turbines Heavy Duty Gas Turbines Jenbacher Services DISTRIBUTION Power Equipment Power Protection Multilin Power Quality Motors Lighting Power Houses

Project engineering, design and & Measurement implementation On site Installation and Project Flow Management Pressure Services Temperature Machinery Diagnostic Service Gas and Moisture Technical Training Validation & On site & Remote Monitoring Service Contracts Ultrasonic Continuous Inspection Protection and Monitoring System Remote Visual Inspection Distributed and Scanning Systems Radiography Wireless & Portable Eddy Current Condition Services Monitoring Testing System 1r Machines Condition Monitoring Sensors and Transducer Systems Asset Condition

Inspection

Condition Monitoring

9 8
Automation
Process solution Controller and I/O HMI/SCAD A Intelligent Manufacturi ng Service Lean Six Sigma

Environmental Technologies

10

Financing

ThermoPleat Filter Elements BHA-TEX ePTFE Membrane Horizontal Dust Controller Baghouse Engineered Services SQ-300i Precipitator Voltage Control Precipitator Engineered Systems

Equipment Finance Commercial Real Estate Financing Working capital Fleet financing, insurance, maintenance and management Technology financing, management and control

6/ GE Update 2/10/2012

GE rail

GE rail
Mongolia operates one EVO, 2 Dash-7, and 14 GE Modernized TE10 locomotives today; Country demand for 200300 locomotives in next 510 years; Interest from the Government of Mongolia to establish locomotive assembly/maintenance JV to supply locomotive demand.

2ZAGAL

locos

2005 (M62M)
2-006,007, 2.7 .
Modernized 210

2008 (TE10)

Investing in global locomotive products

China EVO 300 units/kits GEVO16Highest HP

PowerHaul Lt-Wt

Freightliner launch Order (30 units) Jenbacher J616 / EU IIIa Delivery June 2009

Kazakhstan/CIS EVO

310 units/kits GEVO12 / 4400 GHP

Under Development
PowerHaul Mid-Wt

Heavy Haul EVO 10 locos for Vale GEVO 12 & 16

C4 Evolution 25 unit launch at BNSF Begin delivery in 1H09

South Africa

100 locos + additional

Rail control
RailEdge

Global Rail OperationsOffice systems ~200 employees

Global Signaling..Onboard, interlocking, wayside, train control, inspection ~1000 employees

GE Water

GE Water & Process Technologies Overview

service RO UF project

process chemical

EDI

membrane

Home spring

EDR Water chemical

Mobile water

monitoring

The biggest water treatment platform in the world

1999 Glegg 2002 Betz 2003 Osmonics 2005 Ionics 2006 Zenon

Chemical & Monitoring Solutions

Service delivery and relationship continuity are key people are the differentiator - technology is the enabler
Water Services Chemical Process Industrial Process

Analytical and Monitoring Solutions

Engineered Systems
Advanced technology leader focused on difficult to treat water and wastewater/reuse
UF/MBR/ABMet
Capitalizing on wastewater reuse

RO/ED
Funding leapfrog technologies & standardization

Thermal/ZLD
Differentiating through integrated solutions

Mobile/BOO
Geographic expansion & focus on industrial BOO

Filters & Membranes

Core technology leadership

GE Dust Control Product Range

Wetting Agents - Improve the Effectiveness of Water as a Dust Suppressant Foaming Agents - Improve the Distribution of Water and/or Reduce Moisture Addition Sprayed Binding Agents - Provide Long-Term Dust Control Crusting Agents - Seal and Waterproof Long-Term Storage Piles

Dust Control
Material Handling

Untreated

Treated

Reduce employee and equipment exposure to airborne dust.

Dust Control
Road Dust
Untreated Treated

Minimizes need for water trucks and graders allowing them to be used where theyre needed.

GE Capital

GE Capital
Commercial Lending & Leasing Energy Financial Services Commercial Aviation Services Consumer Real Estate

Middle market lending & leasing 08 revenue $26.7B

Financing for energy & water industries 08 revenue $3.7B

Commercial aircraft leasing & financing 08 revenue $4.9B

Consumer & retail financing

Debt & equity financing for commercial real estate 08 revenue $6.6B

08 revenue $25.0B

Deep domain expertise & strong risk management

GE Energy Financial Services

Singapore HQ for SE & E Asia Investment Size $20MM - $125 MM Greenfield & Operating Assets

25+ Years Experience in Energy Finance

Global equity investor and lender for the energy and water industries.

Expertise in Renewable Energy

US$20 Bn. Assets 22 GW Portfolio

GE Industrial Solutions

We are a part of GE Energy

Employees: 66,000 09 revenue: $37B Operating in 140 countries
Power & Water Energy Services Oil & Gas

Power generation Renewable energy Gas engines Nuclear Gasification Water treatment and process chemicals

Industrial Solutions Power Generation Services Digital Energy Measurement & Control Solutions Environmental Services

Drilling/production for land, offshore, subsea LNG and pipelines Refining/petrochemical Industrial power gen Complete lifecycle services

Our Global Portfolio

Electrical Distribution & Motor Control Motors & Generators Industrial Services & Power Utilization

Molded Case Breakers Air Circuit Breakers Transformers Motor Control Centers LV / MV Switchgear Switchboard

Submetering Trip Unit Systems Intelligent Switchgear Drives Motor Starters Switches & Indicators

AC & DC Motors up to 100,000 HP Energy Saving AC Motors Severe Duty AC Motors Explosion Proof AC Motors Pump & Compressor Motors Generators up to 75MVA

Power Delivery Services Arc Flash Studies Motor & Generator Repair Hydro Repair & Services Drive System Services Turnkey Project Management

Product We offer
Wave Cast Dry Type Transformer SecoCube 40.5kV Cubic gas insulated switchgear SecoGear P/V-40.5 40.5kV Metal-Clad switchgear SecoGear 12~40.5kV Metal-clad switchgear Contactor & overload relay Surion Manual Motor Starter ASTAT XT Soft starter VAT300 Variable Speed Drive

SecoGear P/V-12 12kV Metal-Clad switchgear P/V-24 24kV Metal-Clad switchgear

SecoGear P/V II-12 12kV Metal-Clad switchgear

SecoGear P/V II7.2~12kV(J.R) Motor Control Center

SecoRMU 12kV Gas insulated Ring Ming Unit

EntelliGuard G ACB

MPact ACB

Record Plus MCCB

Record MC MCCB

SecoVac series 12~40.5kV Vacuum Circuit Breaker

SecoVac series VB-40.5 40.5kV Vacuum Circuit Breaker

SecoVac series VB2 Plus 12~24kV Vacuum Circuit Breaker

SecoVac series VB2-12 12kV Vacuum Circuit Breaker

SecoVac series CR193 7.2~12kV Vacuum Contactor

Record SL MCCB

Gerapid DC Breaker

SEN Plus

MLS

Modula 630K

Modula Plus

SE Rapid DC Switchgear

Redline Comfort Function

DMS

MB line

Consumer Unit

WavePro LT

Spectra

WavePro LTG

Newcom Group overview

A diversified investment company focused on long-term investment opportunities in or around the territory of Mongolia
Established in 1993, Mongolian-owned, private company One of handful companies with modern mgmt/governance in Mongolia Both a developer of new dynamic businesses and portfolio owner of established companies Half a dozen subsidiaries and invest companies, $200+MM revenue Total employees: 1,700+

Major subsidiaries highlights

Largest network infrastructure offering bandwidth wholesale, leased line services Annual turnover $150MM 2,500km fiber optic in Ulaanbaatar Over 1MM subscribers (37% of population) 56% share (3x more than next biggest competitor) Supporting businesses include Mobinet, Mobifinance and Newtel

Domestic aviation service provider Revenue $15.6MM; EBITDA margin 10% (09) 4 SAAB 340B; 180 employees 75% of domestic civil aviation Mining sector to drive air transport demand 30% growth in charter flights for 5 years Projected revenue $86MM in 5 years, 23% EBITDA margin

Salkhit Wind Park 1st IPP and wind generator 50MW capacity Annual energy production of 122,000MWh Operational in 2012 PPA 23 years, at 9.5 cents/kWh (National Grid) Total project cost $80MM Newcom also plans to build 300MW+ wind park in South Gobi region

Source: Newcom Group Presentation