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Presentation 2012

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Disclaimer

The information contained in this confidential document ("Presentation") has been prepared by PT Total Sinergy International (the"Company"). It has not been fully verified and is subject to material updating, revision and further amendment.

While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers,agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or inrelation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oralinformation made or to be made available to any interested party or its advisers (all such information being referred to as "Information") andliability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employeesor advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory orotherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissionsor misstatements or for any loss, howsoever arising, from the use of this Presentation.

Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company toproceed with any transaction and the right is reserved to terminate any discussions or negotiations with any prospective investors. In nocircumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation ofthe Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access toany additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which maybecome apparent.

This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers,agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent assessment of theCompany after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections oropinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and each recipient shouldsatisfy itself in relation to such matters.

This Presentation includes certain statements that may be deemed “forward-looking statements”. All statements in this discussion, other thanstatements of historical facts, that address future activities and events or developments that the Company expects, are forward-lookingstatements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those inthe forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include butnot limit to market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors arecautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially fromthose projected in forward-looking statements.

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3

1.4

billionpeople has no access

to electricity

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4

Secured, reliable and affordable electricity

supply is a prerequisite to poverty alleviation

Today’s world is made possible through the

industrial revolution because of cheap

energy

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Renewable energy is often very costly,

uneconomical, geographically unsuitable or

unproven

Rapid depletion of oil and gas and increasing global consumption lead to

energy shortages and rising costs

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At least

25,000deaths

eachyear

due to underground

mining accidents

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There are trillions of

surface coal resources

out there that can beexcavated safely

However, it is not economical to do so today

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What if we could realize this potential today

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GEO-COAL Technology – A simple coal upgrading

technology that brings affordable energy to our world

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Different types of coal

1. High Rank Coal : Bituminous, Anthracite(Low Moisture, High Energy Content)

2. Low Rank Coal : Peat, Lignite, Sub-bituminous

(High Moisture, Low Energy Content)

COAL is the most readily available natural resource that is in abundance

and an extremely cost effective source of energy

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Low Rank Coal – Unrealised Energy Supply

A. Low Rank Coal (Brown coal) :• Currently account for about: 65% of current coal resources and 50% of coal

reserves globally

• Massive amounts of untapped low rank coal resources widely available

• Use is limited : Low heating value, high handling cost and spontaneous

combustion but also contain lower sulfur and lower ash contents

B. Potential of low rank coal:

• If these coals could be efficiently and economically processed to yield a

higher-grade, high-heating value product, there will be :

1. Enormous increase and economic benefit on the energy supply

2. Lower environmental impact compared to high rank coal

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Solution: Coal Upgrading

• A successful coal upgrading process has to beeconomical and address the issues of

spontaneous combustion, decrepitation

(fines generation), and moisture

reabsorption.

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• GEO-COAL Technology is a world wide patent-pending technology

that fully maximize the potential of coal in an economical and

environmental aspect.

• It upgrades low rank coal (low energy content) into high rank coal(high energy content) through an extremely low cost process.

What is GEO-COAL Technology ?

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Low CV

Coal

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Graphical Depiction of Geo-Coal Upgrading Process

GEO-COAL Upgrading Process

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Wide Range of Products

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• Able to produce a wide range of coal products

Low CV

Coal

GEO-COAL

Technology

GEO-LITE (Approx. 4,800 – 5,700 kcal/kg GAR)

•Processed Results

To date, different raw coal from various coal mines have been successfully

processed and upgraded by Geo-Coal technology into GEO-LITE, GEO-HI and

GEO-MET respectively.

GEO-HI (Approx. 5,700 – 6,800 kcal/kg GAR)

GEO-MET (Approx. > 6,800 kcal/kg GAR)

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Processing with GEO-COAL

Low rank coal (lignite) Medium rank coal (sub-bituminous)ROM

GAR Calorie 2200 – 3700 kcal/kg

TM 40-60%

ROM

GAR Calorie 4100 – 5300 kcal/kg

TM < 30%

Finished Product (GEO-LITE)

GAR Calorie > 5300 kcal/kg

TM < 15%

Product (GEO-HI)

GAR Calorie > 6000 kcal/kg

TM < 10%

GEO-COAL Technology can customize whatever the

customer needs, even HGI, AFT and volatile matter

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Low Rank Coal - Lignite (

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PRODUCT : GEO-LITE (GAR 5300 kcal/kg)

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PRODUCT : GEO-HI (GAR 6800 kcal/kg)

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PRODUCT : GEO-MET (>GAR 7,000 kcal/kg)

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Why GEO-COAL Technology

Natural high rank coal :

• Limited and diminishing reserve base

• Increasingly high production and distribution costs

• Releases more pollutants during combustion

Natural low rank coal :

• Limited market available for low rank coal and the minimum CV accepted

is 3,200 (gar) kcal/kg, any coal below this energy value has minimal market

value.• High handling and transportation cost due to high moisture content and

high propensity toward spontaneous combustion

• High CO2 emissions and low levels of efficiency at power plants

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Indonesia Coal Distribution

2222

PAPUA

SULAWESI

JAWA

2.0%

35.8%

0.5%

11.7%

4.6%

44.9%

Total Resources: 104.8 Billion tons (to date)

Low-rank coal: > 65 %

Lignite 58.7%

Bituminous

14.3%

Sub-bituminous

26.7%

Anthracite

0.3%

KALIMANTAN

0.3%

0.1%

0.01%

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Indonesia : Energy Shortages

• In developed countries, electricity consumption is more than

2000 watt/capita

• Indonesia with population ± 250 million, with 100,000 MW ~

equals to 200 watt/capita

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* In China, they currently need over 3 billion tons of coal per year

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Low Rank Coal Concessions Indonesia

1. Churchill Mining PLC – East Kalimantan (3.18 Billion - 20% of total area)

2. PT. Bhakti Energi Persada – East Kalimantan(5.72 Billion tonnes)3. PT. Delma Mining Corporation – East Kalimantan (>3 Billion tonnes)

4. Bumi Sekundang – South Sumatera (1.6 Billion)

5. MEC – East Kalimantan (>3 Billion tonnes)

Australia

Victorian Coal – La Trobe Valley (Coal Resources >70 Billions)

United States of AmericaWyoming – Powder River Basin (Coal Resources >500 Billions)

India – Have some of the largest coal reserves in the world (Billions)

Russia – Have some of the largest coal reserves in the world (Billions)

China – Largest producer of coal in the world (Trillions)

Germany – The World’s biggest lignite / brown coal producers ( Resources > Billions)

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Benefits of GEO-COAL Products

1. Higher Quality Coal: 50% to 100 % increased energy content from initiallow rank coal feedstock

2. Increases Profit Margins: Upgraded coal fetches a higher selling price,hence higher profit margins and increased market opportunities for coal

producers

3. More Eco-friendly: GEO-COAL products maintain environmental propertiesof low-rank coal, i.e. lower sulphur and ash content

4. Increased Energy Supply: GEO-COAL taps on the potential of strandedcoal resources, e.g. 70% of untapped coal resources in Indonesia alone

5. Simple and Economical: GEO-COAL technology requires lower CAPEX andOPEX than existing technologies, short installation times, and no briquetting is

needed.

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Benefits of GEO-COAL Products

6. Increased Performance at Power Plant: Higher heating value of thecoal increases efficiency during combustion leading to higher power outputs

7. Versatile: GEO-COAL can be used for a wide range of high moisture, lowcalorific value coals abundant all around the world, as well as for other organic

materials such as bamboo, wood and even wastes

8. Enhanced Transport Efficiency: Upgraded coal’s reduced moisturecontent saves extensive transportation and handling costs

9. Reduced Risk of Spontaneous Combustion: Chemical and physicalproperties of the upgraded coal are significantly more stable than the initial coal

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Other Benefits of GEO-COAL

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Wood (GAR 7,400 kcal/kg)

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Bamboo (GAR 7,400 kcal/kg)


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Organic Waste (GAR 7,400 kcal/kg)


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Drying and Burning of Waste

Organic Waste(Segregation done)

Shredder

Dry Waste

DRYER

Pulverizer

Gasification

Burner

Capacity 100kg/hr up to > 10ton

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How is GEO-COAL economically viable ?

1 Ton ofSEM Coal

(USD 45)

Profit(USD 19.13)

0.6 Ton of

GEO-LITE(USD 95)

Profit

(USD 33.06)

Total

moisture

- 75.2%

Calorific

Value

+52.1%

Recover

Rate

60%

Increase

Profit

(173%)+ +

Parameters Specifications

Coal Type Raw SEM Coal GEO-LITE (SEM)

Process Time (min.) RAW Coal – 0 Minutes 30 Minutes

Total Moisture(a) 42.1 10.45

Inherent Moisture (ad) 14.7 9.5

Volatile Matter (ad) 41.9 35.92

Total Sulphur (ad) 0.16 0.17

Ash (ad) 4.8 5.0

Calorific value (ar) 3,641 kcal/kg 5,538 kcal/kg

HGI 63 50

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Case Study : MEC Coal

• MEC Coal (MEC) is a low rank thermal coal project in East Kalimantan, Indonesia

• MEC coal has clean burning characteristics and low levels of pollutants of sulphuroxides, nitrous oxides and potential leachates from the coal ash.

• MEC coal is low rank in nature and has a calorific value of about 3,500 (GAR)

kcal/kg and contains about 43% total moisture

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MEC RAW GEO-Lite GEO-Hi GEO-Met

TM ar 43 15 12 10

IM ad 16.5 10 8 4

Ash ad 4 5 5 5.5

VM ad 40 36 32 12

TS ad 0.15 0.17 0.17 0.19

CV ad 5,200 5,700 6,200 7,400

CV ar 3,550 5,383 5,930 6,938

CV daf 6,541 6,706 7,126 8,177

HGI 90 55 55 55

Recovery 100% 55% 46% 23%

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Existing Competitors

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Competitor Comparison Effect Kobe Steel - UBC

(Japan)

White Energy - BCB

(Australia)

GEO-COAL

Technology

Status

600 MT / day demonstration plantwas constructed and testing for

commercial use

1 million MT / annum commercialplant has been constructed in East

Kalimantan, Indonesia

10,000 MT / annum Bulk Testing plant isconstructed in Tangerang, Indonesia

1.2 Million MT /annum commercial

plant being constructed at Banten

Effect

•Increase Calorific Value

•Reduce Moisture


•Reduce Moisture

•Higher density


•Reduce Moisture

•Able to control HGI

• Lower Volatile Matter

•Increase Ash Fusion Temperature

Raw Feed coal pulverized, powder up to 60

mesh

coal pulverized, powder up to 60 mesh coal crushed 1 - 3 cm

Power / Energy

Requirements

must have power plant, for 1 million

ton needs approx. 6 - 10 MW

must have power plant, for 1 million ton

needs approx. 6 - 10 MW

For 1 million ton needs approx. 1 – 1.5 MW

Coal Final Product

TM:12-15%

Calorific Value AR: 5,800 - 6,500

HGI: depend on briquette system

TM:12-15%


HGI: depend on briquette system

TM: < 10%


HGI: can be customized per request

Production Capacity

Depends on briquette machine

capacity, installation time approx. 30

months

Depends on briquette machine capacity,

installation time approx. 2 yearsNo limited capacity. Modules system,

installation time approx. 3 - 6 months

Processed Product Coal Briquette Coal Briquette Similar to the Raw Coal

Operating Cost About US $ 10 - 15 per ton About US$ 10 - 15 per ton About US$ 3 - 5 per ton

CAPEX

Approximately US$100M –

US$150M for a 1 million ton

capacity plant

Over US$60M for a 1 million ton

capacity plant

USD 10M for a 1million ton capacity

plant

Upgrading Process Time Slow Slow Fast ( < 30mins)

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GEO-COAL Bulk Testing Plant

• Located in Curug, Tangerang

• The first ever GEO-COAL scale model coal upgrading plant unit that is able todemonstrate successful coal upgrading on mass volume and continuous basis

• Scale is 1 : 13 to a full commercial plant unit

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33 km

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GEO-COAL Bulk Testing Plant

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CommercializingGEO-COAL

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Commercializing GEO-COAL

• Operations, Certification and Intellectual Property

• Business Model

• Building of the first two GEO-COAL commercial plants:

1. GEO-COAL Upgrading Plant – PT PLN - 2 X 300 Mw Power Plant (Labuan)

2. GEO-COAL Upgrading Plant – PT SEM Coal Mine (Tamiang Layang, Central

Kalimantan)

• Strategic Partners

- Coal mines and concessions

- Government: Department of Energy

- Power Generation Companies

- Research and Development Technology Companies

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Operation, Certification & IP

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Operation & Certification

• Further research and development for improvements at the Bulk

Testing Plant

• Performance test completed by SGS at Demo plant

• Certification for GEO-COAL products and process by International and

Government accredited entities*

Intellectual Property• Patent filed in Singapore and world-wide applications are in process via

Paris Convention Treaty (PCT) and Patent Cooperation Treaty (PCT)

*

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SGS Performance Test

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In May 2011, SGS conducted a series of performance test by analyzing

sub-lots of coal (from SEM mine) before and after GEO-COAL processingand found that high moisture, low rank coal can be upgraded to low

moisture higher rank coal with 50% higher energy value and inherently

cleaner properties

LAB ID

SIZE %

Weight

TM M Ash VM FC TS GCV GCV

HGI C H N mm % ar % adb % adb % adb % adb % adb KCal/kg(adb)

Kcal/kg(arb)

SS-1443 ±25 0,77 23.76 13.42 3.63 42.84 40.11 0.13 5419 4771.82 NA 60.1 4.12 0.68

SS-1444 ±16 5,34 20.89 12.84 4.59 42.00 40.58 0.23 5446 4943.01 51 60.7 3.59 0.92

SS-1445 ±12,5 5,71 19.86 13.08 4.86 41.50 40.56 0.17 5413 4990.77 51 60.8 3.76 0.99

SS-1446 ±8 14,19 17.30 11.83 4.44 42.34 41.39 0.18 5501 5159.72 52 61.6 3.84 1.23

SS-1447 ±4 20,71 14.28 11.54 4.44 40.86 43.15 0.17 5605 5431.39 53 62.9 3.84 1.18

SS-1448 > 2 21,27 11.77 9.97 4.57 37.58 47.88 0.17 5862 5744.80 56 65.5 3.45 1.48

SS-1449 < 2 32,01 10.38 8.74 6.58 32.25 52.42 0.17 6048 5939.31 63 67.3 2.92 1.43

TM

(% arb)

IM

(% adb)

Ash

(% adb)

VM

(% adb)

FC

(% adb)

TS

(% adb)HGI

GCV

kcal/kg (adb)

GCV

kcal/kg (arb)

Initial Feed

(SEM COAL)42.1 14.7 4.8 41.9 39.06 0.16 63 5,364 3,641

Upgraded

Average13.67 10.52 5.18 37.73 46.57 0.17 56 5,766 5,563

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Protection of Proprietary Technology

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Engineering of Technology Parts• No single manufacturer will produce the parts of the proprietary

technology. The production of key parts and gasification burners will be

manufactured in-house by TSI.

• Assembly of the different parts will be done by TSI to ensure

confidentiality and protection of the technology.

Building of the first two GEO-COAL

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Building of the first two GEO COALcommercial plants

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GEO-COAL Upgrading Plant – PT PLN - 2 X 300 Mw Power Plant (Labuan)

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PT PLN Labuan Project

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Screw & Casing Making

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CIVIL WORK - CONCRETE STRUCTURE


June 2011

August 2011

November 2011

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GASIFICATION BURNERS AT LABUAN


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Coal is being delivered to PLN by barges unloaded at the

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1Coal is being delivered to PLN by barges, unloaded at the

port and transported via conveyors belts to the stockyard

(PLN have started to built a huge shed to cover the coal

stock from the rain) with 30 days worth of coal stockpiling

capacity.

Aerial view of PLN Labuan power plant

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Discharging port/Conveyor belt

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2 The GEO-COAL plant is strategically located and builtbeside the stockyard. Once coal arrives at the stockyard, itwill be transported to a crusher (newly being built) right

beside the GEO-COAL plant and crushed to 0 – 30mm

before it enters the GEO-COAL plant for processing(upgrading and drying).

Crusher – under constructionStockpile

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Roof structure

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Cooling zone –

under construction

Modular system

C h d l i th d li d i b lt i t th

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3 Crushed coal is then delivered via conveyor belt into theplant for upgrading. Coal will remain in the GEO-COAL unitfor about 8 minutes undergoing high temperatures of the

GEO-COAL process before exiting to the cooling zone

where the coal will be cooled and transported back to thestockyard.

Conveyor belts

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4 The upgraded coal will then be transported to the mainpower generating unit and will be pulverized and injected to

the combustion chambers for electricity generation.

Conveyor belt from upgrading plant to boiler

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Conveyor belt from upgrading plant to boiler

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Sh h ldi St t

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Shareholding Structure

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Current Structure

PT. NGNAgritrade International &

WSJ International

PT Total Sinergy International(Indonesia Registered Co)

49% 51%

M t P fil

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Management Profile

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Mr. Harsudi Supandi

Mr. Harsudi is a professional specialist in the area of natural resource

development. With more than 30 years experience, Mr. Harsudi has

been a consultant for multi-national projects which specialise in thedevelopment of oil, mineral, gas, mining and power plant. Mr Harsudi

has also been a lecturer at the Indonesia University, Jakarta.

ACHIEVEMENTS

•Inventing of Gravel Pack Sand (1990)

•Inventing of PERLITE BOARD Technology (1997)

•Inventing of LICOL Coal Upgrading and LICOL Gasification Stove

Technology (1998-1999)

•Inventing of BRP (Bamboo Reinforced Plywood) Technology (2001)

•Inventing of BRW (Bamboo Reinforced Wood) Technology (2001)

President Director / Inventor / Metallurgical Engineer

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M t P fil

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Management Profile

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Mr. Roslan Hassan

Mr. Hassan is a professional production engineer and has a wealth of

experience in setting up, developing and managing businesses in the oil &

gas, engineering & contracting and the coal mining & trading sector. He isinvolved in providing engineering, procurement and construction (EPC)

services for welded plate heat exchangers to crude oil refineries and

petrochemical industries in Malaysia.

Roslan has as a Bachelor of Science (Honours) degree in Production

Engineering and Production Management from the University of

Nottingham, England, where he graduated in 1980 and is present alumniof the Harvard Business School Senior Management Development

Program which he attended in 1991.

Photo will beinserted

Director / Production Engineer

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