Madhu Koneru, Trimex Group Press Release

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Madhu Koneru, Trimex GroupWinner of Young
Asian Achiever Awards
Trimex Group
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Asian Business Awards List - December 9, 2007

• Asian Business Awards Middle East recognizes and
  awards Asian business leaders at a glittering
  ceremony in Abu Dhabi .
• Dubai, December 9, 2007 The first Asian Business
  Awards Middle East (ABA ME) was held at the
  Emirates Palace Hotel, Abu Dhabi. The glittering
  function was attended by the business community,
  government dignitaries, and prominent
  personalities from Asia and the Middle East.
  Instituted to recognize and award business
  excellence within the Asian community and
  nurtures economic relations between the Middle
  East and the sub-continent.
• Presented by Al Barari, the premier property
  developer based in the capital, have put together
  this ground breaking event along with event
  architects Indian Expressions and Real Media.
  They unequivocally believe that this initiative
  will spur further growth, cross investment
  opportunities and promote substantial business
  practices.
• Recognizing Asian business leaders and
  entrepreneurs who have walked the path of
  excellence, created and built enterprises in the
  Middle East and strengthened the traditional
  historic ties between the two regions, the
  winners of the ABA ME publicly nominated and
  polled for are

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Trimex Group.
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Asian Business Awards List - December 9, 2007

• Outstanding Asian Business Man of the Year
  
  
• Sunny Varkey Chairman, GEMS Education
  Welcare World
• Asian Rising Star of the Year
• Ramesh Prabhakar Managing Director, Rivoli
  Group.
• Young Asian Achiever of the Year
• Madhu Koneru Managing Director, RAK
  Minerals Metals Investments
• Outstanding Asian Contribution to the ME
  Development
• Syed M Salahuddin Managing Director, ETA
  Ascon Star Group
• Asian Business Leader of the Year
• Yusuf Ali Managing Director, EMKE Group

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Trimex Group.
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MEC Holdings Eyes Funding for Kalimantan - April
12, 2011

• MEC Holdings is seeking more loans from local
  commercial banks to help finance its big
  investment in development projects in East
  Kalimantan, an executive said on Tuesday.
• MEC has placed a billion dollars on
  infrastructure construction. It has secured a
  lending deal with international lenders and is
  looking for possible lending from national
  commercial banks, Charles Gaylord Watkins, an
  MEC director, said on the sidelines of the
  Indonesia International Infrastructure conference
  in Jakarta.
• The nation is hosting a three-day forum on
  developing the nation. At the meeting, which was
  organized by the Indonesian Chamber of Commerce
  and Industry (Kadin), the government is offering
  projects such as roads, seaports and airports to
  foreign investors.
• Watkins said the company, a subsidiary of the
  Dubai-based Trimex Group, had already secured a
  commitment from US lenders Standard Chartered
  Bank and Export-Import Bank. Trimex had held
  several discussions with Indonesian banks, he
  continued, but had yet to receive any loan
  commitments.
• Madhu Koneru, executive vice chairman of MEC
  Holdings, said in July that Standard Chartered
  was ready to lend 750 million to the company.

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Trimex Group.
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MEC Holdings Eyes Funding for Kalimantan - April
12, 2011

• MEC has secured 5,000 hectares of land in East
  Kalimantan for its infrastructure work, Watkins
  said. The project includes 130 kilometers of
  railway, a seaport and a mine for low-grade coal.
  The mine is expected to produce two million to
  three million tons of coal in the first year
  before rising to seven million tons by the end of
  2014, while the port will be able to harbor two
  cape-sized ships and have a holding capacity of
  34 million tons.
• The project will start as soon as we are clear
  on the financing, Watkins said.
• The company first announced the project in 2009,
  but a delay in land acquisition caused MEC to
  postpone the project. The companys Web site
  shows the land acquisition was finalized last
  year.
• Watkins said he appreciated the governments
  effort to improve regulations. He said investors
  were not the only thing the government needs to
  secure, but also making it easier to implement
  investment.
• Coordinating Minister for the Economy Hatta
  Rajasa said the government had a number of
  policies to ease infrastructure investment. They
  include land reform to prevent uncontrollable
  price increases and securing land for the public
  interest. The land acquisition bill is in the
  final stages in the legislature, Deputy Finance
  Minister Anny Rachmawati said.

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Trimex Group.
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UAE Interested in Indonesias Geothermal Sector
- October 19, 2010

• Indonesia has huge potential to be the worlds
  largest geothermal energy producer while the UAE,
  as chairman of the International Renewable Energy
  Agency, is willing to promote the use of
  environmentally friendly energy to the world,
  Marty said after meeting his counterpart from the
  UAE, Sheikh Abdullah bin Zayed Al Nahyan, in
  Jakarta.
• Abdullah said the UAE appreciated Indonesias
  efforts in fighting climate change through the
  use of renewable energy.
• The UAE was also looking to invest in other
  sectors, including infrastructure, agriculture
  and tourism, Marty added.
• President Susilo Bambang Yudhoyono earlier said
  the country aimed to become the worlds top user
  of geothermal energy.
• Indonesia currently ranks third in the sector
  after the United States and the Philippines.
• To accelerate the development of geothermal power
  plants, the government would look to cooperate
  with international financial institutions and
  donor countries, Yudhoyono said.

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Trimex Group.
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UAE Interested in Indonesias Geothermal Sector
- October 19, 2010

• The government has set itself a target of
  attracting around 12 billion in new investment
  for the sector to boost geothermal energy
  production to 3,977 megawatts as part of phase
  two of its 10,000 MW power development project.
• Separately, Ras Al Khaimah, one of the emirates,
  on Tuesday confirmed plans to invest 5 billion
  in Indonesian construction projects as part of a
  joint venture with Trimex Group.
• MEC Holdings, the venture overseeing all of Ras
  Al Khaimah and Dubai-based Trimexs Indonesian
  projects, would spend 1 billion to build 130
  kilometers of railway in Kalimantan, its
  executive vice chairman, Madhu Koneru, said on
  Tuesday.
• According to MEC, the rail link would be used to
  transport as much as 64 million metric tons of
  coal a year.
• Construction will start in 2012 and we expect to
  complete the project in 2014, Koneru said after
  meeting Alwi Shihab, Indonesias special envoy to
  the Middle East.
• MEC Holdings would also invest 500 million to
  develop a coal mine in Muara Wahau, East
  Kalimantan, and build a port with an annual
  capacity of up to 34 million tons, Koneru said.

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Trimex Group.