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Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails29jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=30Page 30button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=30 data-page=30 class=ts-thumb lazyload alt=Page 30: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails30jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=31Page 31button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=31 data-page=31 class=ts-thumb lazyload alt=Page 31: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails31jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=32Page 32button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=32 data-page=32 class=ts-thumb lazyload alt=Page 32: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails32jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=33Page 33button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=33 data-page=33 class=ts-thumb lazyload alt=Page 33: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails33jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=34Page 34button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=34 data-page=34 class=ts-thumb lazyload alt=Page 34: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails34jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=35Page 35button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=35 data-page=35 class=ts-thumb lazyload alt=Page 35: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails35jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=36Page 36button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=36 data-page=36 class=ts-thumb lazyload alt=Page 36: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails36jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=37Page 37button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=37 data-page=37 class=ts-thumb lazyload alt=Page 37: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails37jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=38Page 38button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=38 data-page=38 class=ts-thumb lazyload alt=Page 38: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails38jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=39Page 39button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=39 data-page=39 class=ts-thumb lazyload alt=Page 39: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails39jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=40Page 40button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=40 data-page=40 class=ts-thumb lazyload alt=Page 40: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails40jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=41Page 41button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=41 data-page=41 class=ts-thumb lazyload alt=Page 41: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails41jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=42Page 42button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=42 data-page=42 class=ts-thumb lazyload alt=Page 42: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails42jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=43Page 43button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=43 data-page=43 class=ts-thumb lazyload alt=Page 43: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails43jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=44Page 44button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=44 data-page=44 class=ts-thumb lazyload alt=Page 44: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails44jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=45Page 45button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=45 data-page=45 class=ts-thumb lazyload alt=Page 45: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails45jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=46Page 46button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=46 data-page=46 class=ts-thumb lazyload alt=Page 46: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails46jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=47Page 47button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=47 data-page=47 class=ts-thumb lazyload alt=Page 47: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails47jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=48Page 48button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=48 data-page=48 class=ts-thumb lazyload alt=Page 48: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails48jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=49Page 49button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=49 data-page=49 class=ts-thumb lazyload alt=Page 49: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails49jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=50Page 50button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=50 data-page=50 class=ts-thumb lazyload alt=Page 50: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails50jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=51Page 51button div class=ts-imageimg data-url=16th-annual-report-2010-11-indowind-energy-indowind-energy-limited-16th-annualhtmlpage=51 data-page=51 class=ts-thumb lazyload alt=Page 51: 16th ANNUAL REPORT 2010-11 - Indowind Energy Limited · INDOWIND ENERGY LIMITED 16th ANNUAL REPORT FOR THE YEAR 2010-11 Notice to Shareholders1 Directors Report3 Report loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader033vdocumentssitereader033viewer202205302360550a9a18b5af15a447ba22html5thumbnails51jpg width=140 height=200 divdiv
