SHAPING THE FUTUREGroupe Forrest International ’s bi-quarterly newsletter

November 2016, Issue n°25. Editor: Groupe Forrest InternationalAvenue Usoke, 359. Quartier Industriel, Lubumbashi. R.D.Congo Editorial

A word from the CEO

Malta David Forrest

“ANALOGIE DES MASQUES”CONGO ART WORKSFor Congo Art Works, an exhibition of Congolese popular paintings, Fondation George Arthur Forrest is the key partner of the Belgian institutions Musée Royal de l'Afrique Centrale and Palais des Beaux-Arts de Bruxelles. The successful exhibition in Belgium, running at the Beaux-Arts up to the 31st of December 2016, was hailed by both the critiques and the media fraternity.

EGMF LUBUMBASHINEW ROAD CONSTRUCTION CONTRACTS

EGMF Lubumbashi Road Construction Department won two new contracts in Haut-Katanga. Construction of Likasi-Kambove Road commenced on the 9th of November and is scheduled to be completed in 18 months. EGMF is undertaking construction of the entire 15.7-kilometer stretch. This is an entirely new road that will be built from right from the plate form to tarmacking, right through the base course and sub-grade. EGMF is also rehabilitating the Kasumbalesa - Musoshi Road on behalf of the Gouvernorat of Haut-Katanga (see 3D simulation above). A portion of the 6.3-kilometer road is currently made of concrete while the other is tarmacked. The damaged portion of the road will be destroyed and entirely reconstructed with concrete. The construction work is scheduled to last six months.

In Lubumbashi, rehabilitation works of Avenue Kilela Balanda (1700 meters) and Avenue de la Révolution (2600 meters) (see photo opposite) are proceeding as planned. The first sections have been tarmacked. Rehabilitation is scheduled to end in the second half of 2017. These are two major roads in Lubumbashi. One of the challenges is ensuring minimal disturbance to traffic.

Until the 29th of December, ASBL Dialogues is presenting 'L'analogie des masques', an exhibition by the Congolese painter Mbaya, from Lubumbashi. “Art transforms objects extending their existence through imagination” says Mbaya. This is what he depicts in his mask paintings, creating a sacred link between man and day to day objects.

TOUT PUISSANT MAZEMBECONFEDERATION CUP CHAMPIONS

On the 6th of November, Tout Puissant Mazembe won the African Confederation Cup finals. Malta David Forrest, the Club's First Vice-President was present during the match, representing the Club's Chairman Moïse Katumbi who was absent. He is the one who did the lap of honor, greeting the fans and warming up the stands just before kick-off. At the final whistle, Malta David Forrest congratulated the coach and the players for the starling performance and for having realized the club's great vision. He was delighted by the “wonderful victory”, “a victory for the country, for the D.R.C”.

Photo 2

Dear Colleagues,

On Sunday 6th November, due to the absence of the Chairman of the Tout Puissant Mazembe, I had the honor and privilege of carrying the flag of the Club's management team during the final match of the African Confederation Cup. Our boys brilliantly won the match, adding victory on their impressive track-record and to the history of the Club.

The companies that constitute our Group can learn some lessons from this wonderful victory.

Needless to say, talent is important, and we all have talent. I expect each and every one of us to show this quality in our duties.Courage is equally essential. In history of our Group and our country as a whole, we have always put our courage at play. Given the current economic and political situation we are facing, we have the duty to once again show that we have courage, continue to march forward and work with unwavering determination and optimism.Thirdly, we need team spirit. We need to put dialogue, collaboration and collective interest above everything else. We have made giant strides in the past. I am sure we can do even better.

With these three qualities, we will carry on achieving great results. We shall equally surely need them in the coming weeks and months during the rainy season which poses a lot of challenges for all our enterprises. I therefore count on your talent, courage and team spirit to enable us to move forward.

Eusebio Lopes is the new Manager of the CMC (Centre Médical de la Communauté). You will have an opportunity to read about him talking about the strengths as well as the challenges he is facing at the Centre. I am very pleased that a health professional of his caliber was able to join our Health Centre. We look forward to further improve the quality of services offered at this center.

Together, we are shaping the Future.

REHABILITATION OF CERCLE MANIKA GIFT FROM EGMF KOLWEZI / FONDATION RACHEL FORREST

In Kolwezi, Fondation Rachel Forrest and EGMF have rehabilitated the Cercle Manika stadium. This was a gift from the Group to the town and its people. EGMF Kolwezi undertook the entire rehabilitation works, including leveling of a football pitch, installation of artificial turf, new goal posts and extended the roof of the spectator seating structures. Flood light pylons, fence and railings, locker-rooms and the washrooms were all renovated. Rehabilitation work started in August and ended late October.

PORTRAIT OF THE MONTHCOMPANY NEWSCONGO ENERGY

AEMI

EGMF KENYA

NBLIA

STL

In Manono, where Congo Energy is building a solar power plant, and in Katuba and Lubumbashi, the Medium Voltage and Low Voltage cabinets have been installed. The setting up of underground and aerial networks for the Medium Voltage system is underway. The solar panels have arrived in Manono. Their assembly will start in the coming weeks. In Kongo Central, for NSM Hydro, Congo Energy is rehabilitating part of the Sanga Hydroelectric Power Plant. Disassembly work is progressing. The company is doing an inventory of the mechanical parts needed for repairs. Large equipment orders are being filled, such as those for the High Voltage substation and the electrical auxiliaries. The FRIPT project, which plans to rehabilitate some SNEL infrastructure on the Inga-Kolwezi line, is ongoing. The part of the contract relating to the West Distributor, which supplies electricity to Kolwezi town, is expected to be completed by the end of November. At the Kolwezi Conversion Station, which converts direct current from Inga into alternating current, the first of the two poles has been rehabilitated and is operating normally. Work on the other pole has begun. In Inga, Congo Energy is continuing work on groups 27 and 28 (G27 and G28), two of the power plant's eight groups. The groups enable the conversion of mechanical power generated by water into electricity. The civil works at the Inga Dispersion Station, and the High-Voltage equipment work of the G27 bay are coming to an end. The power supply projects for Mutanda Mining and the High Voltage line, particularly towards Fungurume, are ongoing.

AEMI is involved in dismantling and repairing the infrastructures of the Sanga hydroelectric power plant. The work is ongoing. At the Koni hydroelectric power plant, AEMI is repairing the G3 alternator. In Inga, AEMI is working as a subcontractor for General Electric (formerly Alstom). The stacking and winding work carried out on the G21 of the plant has been completed. Work on the G22 continues.

On the site of the Lake Turkana wind farm, which will be the largest in Africa in terms of the number of wind turbines (365), EGMF Kenya is carrying out the civil works for Vestas. Excavation and concreting of the wind turbine foundations has been completed. EGMF Kenya is also a subcontractor for Siemens for the construction of transformer foundations. This work will be completed by early 2017. For Isolux, EGMF Kenya is involved in the construction of the transmission line between Turkana and Nairobi. The project should be completed in April 2017.

NBLIA, as it continues to develop its industrial mechanics business, is carrying out work in Kinsevere, for MMG. The work includes modifying the piping of two pumps in the wet grinding lubrication system, replacing two pumps and modifying the pipe installation in section SX, as well as modifying the hydraulic cooling system of the wet grinding pump. NBLIA has also seconded qualified staff to MMG for the manufacture of stainless steel casings.

Cobalt prices have improved slightly in recent months, which is a positive development for the project. At 10 dollars at the beginning of the year, the pound of cobalt rose above 13 dollars in November. The power supply to the plant by SNEL is adequate. As of November 1, production of cobalt exceeded the forecasts by 356 tonnes, as a result of the successful rehabilitation of the furnace. In August, STL produced 413 tonnes of cobalt, 447 tonnes in September and 445 tonnes in October.

Where are you from?I am a French national, originally from Portugal and Cape Verde. I grew up in Dakar, Senegal until the age of ten, and then studied in France.

Can you give us an overview of your professional background?I worked for twenty years for the French Army, first as a Senior Officer in the Army Health Department and then as Head of the Department of Healthcare and Hospital Units of the Foreign Legion. After leaving the French Army, I established a health facility, combining healthcare and home care services. This experience lasted five years. I then moved to Africa, as manager and director of health facilities in the DRC and Mozambique. For five years, I was Clinic Manager then Healthcare Director for International SOS. This organization included among its clients large companies active in the DRC such as Heineken and Tenke Fungurume. In October 2016, I joined the CMC as its Manager.

What do you see as the strengths and challenges of the CMC?The CMC has obvious strengths, starting with the excellent reputation that the center enjoys. On a human level, I particularly like the work force, the teamwork and the motivation of the staff, as well as their ability to adapt to a wide variety of situations, some of which are not always easy to manage. Naturally, we also have challenges. The first of these is to fully meet international standards. This forces us to rethink our organization and structure, an overarching process that we are already working on.

Does the Forrest Group have any special features that you particularly like?I really like the family atmosphere, which is felt at all levels. This atmosphere of proximity and the quality of relations within the Group is combined with the great diversity of the companies' activities, which is impressive.

EGMFIn Lubumbashi, the Civil Engineering Department of EGMF is involved in several projects. The company is constructing concrete reservoirs and slabs for the MMG mining company. For Congo Energy, EGMF is carrying out civil works for the Katuba District electrification project. The company is paving over the surrounding areas of the Quin-Mat showroom, a building built by EGMF and NBLIA in 2015. At STL, EGMF is carrying out erosion control work. The reorganization of the Prefabrication Department is underway at the Kigoma 3 site. Space optimization and improvement of working methods have helped double the production of concrete blocks. Prices have once again been revised downwards and the quality of blocks has further imp roved . The number o f customers continues to increase. At BCDC (photo 1), demolitions on the ground floor, and on the first and second floors have started. The new BCDC septic tank is complete. Fire protection work is underway. At the Sendwe Hospital (photo 2), E G M F i s c o n t i n u i n g t h e rehabilitation of the facade. Demolitions on the fourth floor, where the intensive care unit will be l oca ted , and t he p i pe l i ne installation works on the ground floor are underway. At Gécamines, the construction of the fence (photo 3) will soon be completed. Inside the building, EGMF is placing marble floors and walls. Roof rehabil i tation, plumbing and electrical system installation works are ongoing.In Kalemie, the security situation in the Nyemba region has deteriorated in the last few weeks. Local conflicts are the cause of this situation. One contract agent of EGMF has been injured and repatriated to Lubumbashi to receive medical care. Although EGMF is not directly targeted by these conflicts, the company will not put at risk its employees. The construction of the Nyemba Bridge will be interrupted whenever a deterioration of the security

s i tuat ion is observed. The maintenance of the Kalemie-Lulimba Road began in October. The rehabilitation of the Kalemie-Nyemba road is ongoing. EGMF has already completed 43 km out of the total 105 km planned. Kituku Avenue (photo below) has been tarmacked.

In Kolwezi, EGMF activities within the city are progressing. The company is building a canal aimed at controlling erosion in Kasulo. EGMF is rehabilitating the Salongo and Industrial avenues. Both projects are progressing well. At the Diur stadium, EGMF is building new terraces, an athletics track, a basketball court and a large football field, as well as various amenities such as the pipeline infrastructure. For KCC, EGMF is continuing the civil works for the construction of the new steel plant (WOL). The company also undertakes minor works, demonstrating its great flexibility with regard to customer needs. At KOV, EGMF is complying with the stripping program on the CUT4 section of the mine. In Kamoa, for Ivanhoe Mines, EGMF is completing the concrete slope to access the future underground mine.In Kinshasa, EGMF has completed the construction of BCDC's Brikin agency and is constructing a new one at the Central Market. The construction of the Engen Oasis petrol station and the extension of the Bralima Power Plant are nearing completion. For Bralima, EGMF is awaiting the equipment to be placed inside the building. On Kulumba Avenue, EGMF is continuing the pipeline installation works. The end of the Arcades project is scheduled for mid-December. In Inga, work for General Electric is complete. A new project is planned for the second half of 2017.

EUSEBIO LOPES

STI

FONDATION RACHEL FORREST

Among its current orders, STI will supply the artificial turf to be laid in the football field inside Diur Stadium in Kolwezi.

The FRF has provided financial support to the Mapon School Complex in Kindu, a school built in 2014 through the foundation's support. The FRF also sponsored a theater festival in Lubumbashi, as well as the annual "Katanga Awards" event. To the Salesian Sisters of Don Bosco, the FRF gave a large amount of stones and gravel, enabling them to build a fence to secure the Provincial House of the Congregation.