Olkaria Geothemal Project

January 29, 2013

Dennis Awori Senior Advisor, Director TSUSHO EAST AFRICA LTD.

Corporate Outline

Nagoya Head Office 9-8, Meieki 4-chome, Nakamura-ku, Head Office 3-13, Konan 2-chome, Minato-ku Network • 9 branches, 7 offices, 112 subsidiaries and affiliates •Overseas 493 subsidiaries and affiliates, 1 branch, 22 offices Established July 1, 1948 Paid-in capital ¥64,936 million Annual sales ¥5,916.7 billion Employees Parent company: 3,499; consolidated: 33,845

President Jun Karube Board of directors 5 representative directors, 9 directors, 28 executive officers Principal business Trading business, manufacturing, and related services in seven operational divisions: Metals; Global Production Parts and Logistics; Automotive; Machinery, Energy and Project; Chemicals and Electronics; Produce and Foodstuffs; Consumer Products, Services and Materials As of March 31, 2012

2 Our Principal Business in Africa

• A four-legged management framework • 2,500 local employees, 45 Japanese  Automotive personnel ○ Nonautomotive As of September 30, 2012 Egypt (8 Northern Africa Japanese  Toyota vehicle assembly personnel) Managed ○ Electric power plants (31 through plants) Cairo office ○ Kenya (10 Offshore gas drilling rigs Japanese personnel) Eastern Africa Western  Vehicle marketing Africa Managed ○ Geothermal power ○ through Harbor renovation ○ Agricultural equipment Nairobi office marketing ○ Chemical products marketing Angola (6 Southern Africa Japanese  Vehicle marketing personnel)  Liaison with all African vehicle distributors Managed through  Automotive sales finance ○ Toyota Logistics business Tsusho  Vehicle production support South Africa Africa (21 Japanese (including blanking, scrap personnel) recycling, and tire - and-wheel assembly) 3

Olkaria Geothermal Power Project

4 Olkaria Geothermal Power Projects

Completion Image

Olkaria

Customer Kenya Electricity Generation Company Ltd (KenGen) Contract Scheme

Contract Amount Approx. US$400M in total Project Description Olkaria I Unit No.4&5: 2x70MW Geothermal KenGen Olkaria IV Unit No.1&2: 2x70MW Geothermal EPC Contract Donors Olkaria I : Japan International Cooperation Agency (JICA)

Olkaria IV :Agence Française de Développement (AFD) Toyota Tsusho

& European Investment Bank (EIB) & Hyundai Engineering Contract Signing November, 2011 STG Supply Project Completion Olkaria IV : June, 2014 / Olkaria I : September, 2014 5 Contribution to Kenya

Increase of Kenya Power Capacity

Completion of Olkaria Geothermal project (280MW) contribute to increase about 20% of total power capacity in Kenya.

The Reduction of CO2 Emission

Geothermal generation can contribute significantly to reduce CO2 emission and mitigate climate change utilizing natural resource from the earth. Preliminary Calculation for Olkaria IV & I project

【PREMISE】 【CO2 REDUCTION】 Plant Capacity ：280MW Generated Electricity ：2,084 1.13 Million ton/year GWh/year

6 Kenyan Geothermal Power

Geothermal Potential Map Target for 2030 17,754 MW 1,600 MW More than 2,400 MW 4,200 MW 7,000 MW Wind Hydro(*) 4,800 MW

Nuclear Thermal 4,680 MW Geothermal

Source: Update of Kenya’s Least Cost Power Development Plan 2010-2030

TTC wish to contribute Kenyan Power Development - Successful completion of Olkaria Project - Participation to Geothermal IPP Source: KenGen - Utilizing BOCM Scheme 7

Other Activities in Kenya

8 Hand in Hand with the Kenyan Government

Collaborating with the Kenyan government’s Vision 2030 in the spirit of our Global 2020 Vision

We pledged support in August 2012 for a full slate of endeavors to help fulfill Kenya’s Vision 2030. That vision is a development program for transforming Kenya into a middle-income nation by 2030. We will help fulfill Vision 2030 by lending support in the sectors of automobiles, energy, Infrastructure, natural resources, environmental protection, and agriculture mechanization. Our participation in the program reflects a confluence of goals

Kenya’s goal Mugo Kibati (right), the director general of the Kenya Increase incomes and improve the quality of life Vision 2030 Delivery secretariat, and Toyota Tsusho managing director Kuniaki Yamagiwa conclude the Our goal memorandum Shape a balanced business portfolio in accordance with our Global 2020 Vision

9 Thank you very much for your attention