Shahid Naeem, CEO & Chairman

shahid@ae-accessenergy.com

Access Energy

Tarzana, CA 91356

P: 310 776 7180

F: 310 859 7909

www.ae-accessenergy.com

AE & the Team

The Wind Assessment

The Site

Market Advantages

INDEX

Financial and Fiscal Incentives

The Host Country

Use of Funds

Project Cost

Revenues

The Project

Wind Energy Project

The Project: 50MW to Start…

• Build, Own, and Operate (BOO) wind farm in Gharo, Pakistan. • 1,000 MW, to be developed in phases of 10 - 50 MW.• Land has been specifically assigned.• 4 years wind data collected and analyzed: optimal wind speed for

commercial wind power development in the area. • Full Pass-through tariff approved.• Approved tariffs through 2012 over US 14.2 cents /kwh levelized.• 10 year tax holiday on all revenue and no excise duty on imports

relating to the project. • 20 years PPA backed by the sovereign guarantee of the Government of

Pakistan and available full OPIC guarantee. • The PPA will impose an effective “take-or-pay” obligation on the

purchaser. • All revenue projections are based upon minimum production guaranteed

by wind turbine manufacturer.• Pakistan is a signatory country of the Kyoto Agreement; therefore the

project would qualify for Carbon Credits under the Clean Development

Mechanism.

1,000 MW wind farm in one of the world’s fastest growing economies - Pakistan

Pakistan -- a New Frontier Country

• Population: approx. 167 million¹.

• Rapidly growing -- GDP of more than $500 billion¹.

• Rapidly growing economy while power availability remains of strategic importance².

• Approx. 50% of world population resides within 2000 mile radius

• Main corridor for supplies to Central Asian Republics and Western China

¹ (Source: CIA World Factbook)² (Source: Pakistan Private Investment Board)³ (Source: Karachi Stock Exchange)

World Bank Ranks PakistanHigher than China and India

- CEO, US/Pakistani dual national with strong political and personal relationships. Over 30 Years experience in Business

- Project Manager, US/Pakistani dual national with 30 years international and Pakistani experience in Power Generation Projects

- Country Manager, experience in procurement and strong connection with government officers

- Technical Advisor, ex-WAPDA Executive

Pakistan Ranked higher than China or India!

Keys Components for a Successful Wind Farm Project

Key Components Pakistan North America and Europe

Development Cost

Permitting and Licensing 1 Window Operation – AEDB Several Local, State and Federal/Union

Regulations 1 Window Operation – AEDB Several Local, State and Federal/Union

Land Use Regulation 1 Window Operation – AEDB Several Local and federal/Union Zoning and permitting

Construction Regulations 1 Window Operation – AEDB Several Local and Federal/Union Building Permits, storm-water

Environmental and Other Regulations

1 Window Operation – AEDB Several Local Mini-NEPs,and Federal/Union FAA

Equipment Not Applicable Not Applicable

Construction $ 100/month per technician $ 6000/month per technician

PPA 20 Years PPA Market Pricing or very Short term PPAs

Tariff Pass-throughLatest approved between 12-14 c/kwh

Average of 6-8 c/kwh

Contractual Guarantees Political Risk Insurance and strong contractual guarantees backup by international agency

No Government or multilateral guarantees on the contracts

Wind Resources Off Taker assumes all wind risk Not Applicable

AE’s Competitive Advantages in Wind Power in PK

Wind Energy = New Industry in Pakistan

Very Rapid Growth of the Wind Industry

• Few players in the industry. Market leaders are engaged in their traditional markets.

• Pakistan is an Untapped Niche.

Pakistan = Large Expansion Potential

• 17,000 MW of planned capacity by the year 2020.

• Flexible regulatory framework.

• Pakistan is an Untapped Niche.

• Big players are concentrated on the main geographic markets.

• Pakistan is an Untapped Niche.

An opportunity to HELP a community,

BUILD the Industry,

and

DOMINATE the Market!

• CEO: Over 25 years of experience in New Business Development, Renewable Energy,

Manufacturing, Debt & International Financing, International Negotiations, Executive

Management, and Consulting in both Public and Private sectors.

• Country Manager: Served in the Pakistan Army for over 30 years, holding high honors and

retiring from the Director General position for Information Systems. He then served as an

advisor and consultant on Pakistan power and communication projects and as Vice President

for Shahzad International’s Information Technology, Telecom and Power Division. Over 30

years of experience in Electrical Engineering,

• Chief Technical Officer: Over 30 years of experience in Planning and Design, including

procurement, contract and construction management of hydro & thermal power plants,

distribution and transmission systems; steel and cement projects in WAPDA, General

Electricity Company of Libya, Pakistan Steel Mills, Javedan Cement, NESPAK, etc. in

collaboration with engineers from the United States, United Kingdom, Soviet Union, and India.

• CPA: U.S. and International accounting expertise.

• Strong Management Team

• Effective Project Manager

• Experienced Legal Advisory Team

• Diversified and Qualified Board of Directors

• Reputable EPC and Turbines Suppliers and Contractors

• Strong Key Consultants

• Top-level Scientific Advisory Board

The TeamStrong Technical/Management Team

• Strong Technical Management Team

• Effective Project Manager

• Experienced Legal Advisory Team

• Diversified and Qualified Board of Directors

• Reputable EPC and Turbines Suppliers and Contractors

• Strong Key Consultants

• Top-level Scientific Advisory Board

Over 25 years of experience in Engineering, Operations Management, and Project Development on the Energy and Power Generation sector. He has been Vice President of Energy, Engineering, and Technical Development for an industrial development group in the US Virgin Islands, Vice President of Project Development for Energy Answers International, LLC., CEO of Liberty Power Ltd., Pakistan, and Chief Engineer at Ogden Services, Inc.

He has been responsible for the implementation of a $300 million Independent Power Plant while utilizing international financing and employing a multi-national team. He was also responsible for a 2,200 TPD Waste-to-Energy, 72-Megawatt Stream Cogeneration facility, and also a 3,000 TPD Waste-to-Energy, 80-Megawatt electricity facility.

He has authored a significant number of technical articles and has several professional associations: American Society of Mechanical Engineers (ASME), Board Certified Environmental Engineer in the American Academy of Environmental Engineers (BCEE), Diplomat American Academy of Environmental Engineers (DEE), Registered Professional Engineer (PE), and Registered Environmental Manager (REM).

Effective Project Manager

The Team

• Strong Technical/Management Team

• Effective Project Manager

• Experienced Legal Advisory Team

• Diversified and Qualified Board of Directors

• Reputable EPC and Turbines Suppliers and Contractors

• Strong Key Consultants

• Top-level Scientific Advisory Board

• Pillsbury Winthrop Shaw Pittman LLP. - Vast experience in International Infrastructure and Energy Projects.

- PPA Negotiations.

- International Contracts and Law Specialization.

• Kundi & Kundi (PK): - Local and International Contracts.

- Strong relationship with the Government.

- Successful experience in PPA and IPP Negotiations.

Experienced Legal Advisory Team

The Team

• Strong Technical/Management Team

• Effective Project Manager

• Experienced Legal Advisory Team

• Diversified and Qualified Board of Directors

• Reputable EPC and Turbines Suppliers and Contractors

• Strong Key Consultants

• Top-level Scientific Advisory Board

• Air Marshal Shahid Hamid – Ex-Vice President of the World Wind Energy Association, Chairman of Pakistan Wind Energy Association, Ex Chairman of 'Kamra Aeronautical Complex” and “Alternative Energy Development Board”, and one of the pioneers and early supporters of the Wind Industry in Pakistan.

• Adriano Marconetto – Strong track record in dealing with company IPOs. 15 years of experience as an Entrepreneur, and in advancing company IPOs. Co-founder of two successful renewable energy start-ups -- Pianeta and Electro Power Systems. Founded Vitaminic SpA, the leading European online music company, and listed the company on Nuovo Mercato in 2000.

• Shahid Naeem – Over 35 years of experience in New Business Development, Renewable Energy, Finance, Executive Management, and Consulting in the Public and Private sectors.

Diversified and Qualified Board of Directors

The Team

• Strong Technical/Management Team

• Effective Project Manager

• Experienced Legal Advisory Team

• Diversified and Qualified Board of Directors

• Reputable EPC and Turbines Suppliers and Contractors

• Strong Key Consultants

• Top-level Scientific Advisory Board

• GE• Nordic• Siemens• FEW International• SpeedWays• BBB

Reputable EPC, Turbines Suppliers and Contractors

The Team

• Strong Technical/Management Team

• Effective Project Manager

• Experienced Legal Advisory Team

• Diversified and Qualified Board of Directors

• Reputable EPC and Turbines Suppliers and Contractors

• Strong Key Consultants

• Top-level Scientific Advisory Board

• Garrard Hassan• BBB• API• Ecosecurity• Alliant Energy• Marsh USA• First Wall Street• Strategic Wealth

Strong Key Consultants

The Team

• Strong Technical/Management Team

• Effective Project Manager

• Experienced Legal Advisory Team

• Diversified and Qualified Board of Directors

• Reputable EPC and Turbines Suppliers and Contractors

• Strong Key Consultants

• Top-level Scientific Advisory Board to

Prof. Mark Z. Jacobsen: Stanford University - Civil Engineering, Economics, Environmental Engineering, Atmospheric Sciences.

Dr. Christina Lozej Archer: Stanford University - Civil & Environmental Engineering, Meteorology, Environmental Fluid Mechanics and Hydrology.

Top-level Scientific Advisory Board

The Team

The Wind AssessmentData collected throughout the years of 2003 - 2006 at the project site, the Meteorological Department,

and Karachi International Airport.

Wind Corridor with 40,000-50,000 MW Potential

Average Wind Speeds

• Average wind speed at 50 m: 7.09 m/s, but can reach up to 11.28 m/s.

• Winds unobstructed from the predominant wind direction.

• No chance of future construction that would obstruct the wind’s path to the Wind Farm.

Average Wind Speed in Gharo at 50m

0

2

4

6

8

10

12

Months

Av

era

ge

Sp

ee

d (

m/s

)

Average Monthly Speed 4.85 5.41 5.37 7.82 10.53 8.89 11.28 7.87 8.73 5.19 4.33 4.82

Yearly Average Speed 7.09 7.09 7.09 7.09 7.09 7.09 7.09 7.09 7.09 7.09 7.09 7.09

J an Feb Marc April May J une J uly Aug Sept Oct Nov Dec

Peak wind period coincides with summer’s high-electricity demand

Financial Incentives

• Non-residents are allowed to purchase securities issued by Pakistani companies

• All future cost increases are pass through

• Sovereign Guarantee for payment

• OPIC guarantee for Political and or security risk

Fiscal Incentives

• 0% duty on imports of Renewable Energy plant supplies and equipment.

• No levy of sales tax on RE plant, machinery, and equipment.

• Exemption from income tax including turnover rate tax and withholding tax.

• Full Repatriation of equity and dividends is allowed.

• 10 year tax holiday.

Revenues First 50 MW (first 10 years)

FIGURES FOR 50 MW

Income Statement (000s) 1 2 3 4 5 6 7 8 9 10

Total Revenue 32,308 32,308 32,308 32,308 32,308 32,308 32,308 32,308 32,308 32,308

Gross Profit 31,629 31,629 31,629 31,629 31,629 31,629 31,629 31,629 31,629 31,629

EBITDA 29,118 29,118 29,118 29,118 29,118 29,118 30,731 30,731 30,731 30,731

Performa Income Statement

Use of Funds

AE is seeking US $ 3 million short term investment fromaccredited investors for a maximum period of two years at

15% preferred return convertible to equity in the project at a preferred rate.

EPC Payment $ 650,000Land Lease 475,000Administrative 350,000Generation License 175,000OPIC 150,000Legal Fees For PPA and IA 1,050,000Travel 150,000

Total $ 3,000,000

Proposed Investment

Ideal Wind and Site Conditions

Minimum Regulatory Control

Strong Political Will

Experienced Technical Partners and Team

Full Insurance Coverage for Political and or Security

Risk

20 Years Power Purchase Agreement…Makes it One of the Best Wind Projects in the World!

Shahid Naeem CEO & Chairman of the Board

shahid@ae-accessenergy.com

Cliff Morgan

Financial Advisor

cliff@strategicwealthag.com