DISCLAIMER Certain information contained in this document consists of forward ‐ Certain information contained in this document consists of forward looking statements reflecting the current view of the Company with looking statements reflecting the current view of the Company with respect to future events and are subject to certain risks, uncert tainties and assumptions. Many factors could cause the actual results, performance or achievements of the Company to be materia ally different from any future results, performance, or achievements that may be expressed or implied by such forward ‐ looking statement ts, including worldwide economic trends, the economic and political climate of Egypt and the Middle East and changes in business strate climate of Egypt and the Middle East and changes in business strate egy and various other factors. Should one or more of these risks or egy and various other factors Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove in ncorrect, actual results may vary materially from those described in such forward ‐ looking statements. Recipients of this document a re cautioned not to place any reliance on these forward ‐ looking statements. The Company undertakes no obligation to republish revised forward ‐ looking statements to reflect changed events or circumstances circumstances. 2 of 24 Elsewedy Electric Investor Presentation 2010
FULL ‐ SERVICE INTEGRATION Elsewedy Electric has built a fully integrated energy solutions provider: From raw materials such as metals and plastics to inputs across the spectrum of wires, cables and electrical products, to contracting and turn key infrastructure projects and electricity contracting and turn key infrastructure projects and electricity generation through competitively advantaged wind technology. Wires Wind Energy Engineering Elect trical Transformers Energy Telecom and Cables Generation and Prod ducts Measurement Contracting and Management Elsewedy Electric provides integ grated solutions through seven sectors to four main markets. Energy / Infrastructure Industrial Commercial Residential 3 of 24 Elsewedy Electric Investor Presentation 2010
GEOGRAPHIC PRESENCE T d Today, Elsewedy Electric is a regional and El d El i i i l d tactically global integrated cables and electrical products manufacturer and a turn key services provider with more than 10,000 employees working at 30 production facilities in 15 working at 30 production facilities in 15 countries Wires and Cables Transforme ers Electrical Products Wind Energy Generation EGYPT ALGERIA NIGERIA GHANA SPAIN • Cables Capacity: 120,000 tons • Cables Capacity: 21,000 tons • Transformers Capac city: 750 MVA • Road lighting Poles • 100 turbines • Copper Rod Capacity: 120,000 tons YEMEN SYRIA EGYPT EGYPT • PVC capacity: 81,000 tons • Cables Capacity: 10,000 tons • Transformers Capac city: 2,800 MVA • Electrometers Capacity: 2 mn meters • Wind towers SAUDI ARABIA LIBYA (In Construction) SUDAN MALAYSIA • Cables Capacity: 36,000 tons • Cables Capacity: 15,000 tons • Transformers Capac city: 450 MVA • Electrometers Capacity: 250,000 SYRIA ETHIOPIA ZAMBIA SLOVENIA • Cables Capacity: 28,000 tons • Cables Capacity: 10,000 tons • Transformers Capac city: 450 MVA • Electrometers Capacity: 2.5 mn meters QATAR SUDAN EGYPT • Cables Capacity: 18,000 tons • Cables Capacity: 12,000 tons • Transformers Capac city: 8500 MVA 4 of 24 Elsewedy Electric Investor Presentation 2010
GEOGRAPHIC PRESENCE Elsewedy Electric’s comprehensive worldwide distribution network reaches around the globe Regional Office Elsewedy T&D PS SP Main Export Market Equatorial Guinea United Kingdom Egypt Egy pt Colombia Uganda Cyprus Malawi Belgium Algeria Alge eria Uruguay Rwanda KSA Jordan Germany Ethiopia Ethi iopia Brazil South Africa Kuwait Iraq Switzerland Ghana Nige eria United Kingdom Zimbabwe UAE Kuwait Sweden Equatorial Guinea Morocco Mozambique Kazakhstan Qatar Austria Sudan Cameroon Madagascar India Bahrain Slovenia Mozambique Equatorial Guinea Malawi Russia UAE Italy Zambia Congo DRC Kenya Malaysia Oman Oman Libya Libya Rwanda Rwanda Angola Angola Ethiopia Ethiopia Singapore Australia 5 of 24 Elsewedy Electric Investor Presentation 2010
Corporate Structure : Business Line Review p
BUSINESS LINE REVIEW Elsewedy Electric’s market oriented delivers full energy solutions through seven business lines Wires Wind Energy gy Engineering g g Energy Measurement gy Telecom and Cables Generation and Contracting Electrical Products Transformers and Management Power cables Wind Turbines Transmission and Porcela Power transformers Meters Fiber optics ain Insulators p distribution cables Special cables Wind towers Cables Oil immersed Automation s accessories Engineering and Copper telecom distribution businesses Winding wires Rotor blades (Planned Explos generation ion proof transformers cables Meter testing expansion) equipm ment Raw materials Cast resin Fiber optics Ra materials Cast resin equipment eq ipment Fiber optics Wind farm Fiber g glass poles transformers accessories development Modular Solutions Copper telecom Operation and accessories Service maintenance FTTX projects Balance of plant Backbone projects 7 of 24 Elsewedy Electric Investor Presentation 2010
BUSINESS LINE REVIEW: WIRES AND CABLES Elsewedy Electric has significantly extended its core wires and cables capacity in recent years, more than doubling capacity since 2007 to approximately 260,000 tons in 2010 Sudan First & only producer Egypt Algeria Net Import nation Elsewedy is the sizable market leader 15% import tari ffs Tax exemption p Low cost manufacturing and raw material base Market deficit : Low cost manufacturing and raw material base Market deficit : consumption increase of app. 40% consumption increase of app 40% Government partnership Export hub from 2005 to 20 010 Under developed infrastructure Tax exemption Under develope ed infrastructure Saudi Arabia Largest cable market in the Middle East – expected Existing Capacity (‘000 tons) E i ti C it (‘000 t ) 120 Qatar $140.3 billion needed on electricity projects over First cable prod the next decade ucer 36 28 Preferential treatment to local players Solid economic 18 21 growth 12 10 10 Under develope d d l ed infrastructure d f Syria Yemen Leading market share First and only p producer Sizable domestic market with deficit productions : Tax exemption production deficit expected to increase from 1,000 Cables Production Capacity and Sales Volume ( in ‘000 tons) Under develop ped Infrastructure Megawatt (MW) in 2010 to 1,800 MW by 2012 260 250 Proximity to Iraq (a significant deficit 203 155 150 147 135 Ethiopia p 125 market, approximately 40% undersupplied, and 100 88 export destination) First and only p producer Tax exemption Tax exemption 2007 2008 2009 2010e 2011e Low cost production Under develop ped infrastructure Cables Production Capacity (tons) Sales (tons) 8 of 24 Elsewedy Electric Investor Presentation 2010
BUSINESS LINE REVIEW: ENGINEERING AND CONSTRUCTION N Elsewedy Electric’s Engineering and Construction groups deliver electricity generating assets and transmission and distribution (T&D) networks on an EPC basis. The company also expects to own and operate assets across the power generation and distribution sector. Engineering a nd Construction Power System Projects Elsewedy T&D Elsewedy Cables Elsewedy Power Elsewedy Power Elsewedy Power Elsewedy Electric T&D Elsewedy Electric T&D Through Egytech – a wholly Through Egytech a wholly Power System Projects (PSP) P S t P j t (PSP) supplies, installs and commissions owned production facility develops, designs, builds and provides EPC solutions to overhead transmission lines and leveraging the most advanced operates power assets. The power generating and high unit acts as Elsewedy substations on a turnkey basis for processes and technologies – voltage substation projects national utilities companies p Elsewedy Cables supplies state ‐ y pp Electric’s Engineering and g g Construction operations across the Middle East and Africa of ‐ the ‐ art power cables to generation and T&D projects integrator – directing worldwide contracts to Elsewedy Electric T&D and PSP and internal suppliers. As a distinct entity, Elsewedy Power also works with experienced developers, EPC contractors and suppliers based around d li b d d the world. 9 of 24 Elsewedy Electric Investor Presentation 2010
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