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v "4Changes for the Better

Mitsubishi Family of Companies

MEPPI Introduction

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Mitsubishi Family of Companies Overview

) Over 40 Companies " Mitsubishi established in 1921 " Mitsubishi headquarters dissolved in 1945 " Each MitsLibishi company is a separate entity and operates independently Largest Mits ubishi Companies " Mitsubishi Heavy Industries (MHI) " Corporation () " (MC) - Trading " Corporation (MMC) " Bank of - Mitsubishi UFJ (MUFG) " Corporation - & Optical

2 ELECTRIC IJAMITSUBISHI t1 POWER PRODUCTS, INC. MELCO North America Operations

)Mitsubishi Electric US Holdings " Mitsubishi Electric & Electronics USA (MEUS) " Mitsubishi Digital Electronics USA (MDEA) " Mitsubishi Electric Automation (MEAU) , Mitsubishi Electric Automotive America (MEAA) " Mitsubishi Electric Research Laboratories (MERL) " Mitsubishi Electric Power Products (MEPPI) Mitsubishi Electric America Foundation SMitsubishi Electric Finance America

3 MITSUBISHIPOWER PRODUCTS, ELECTRIC INC. Mitsubishi Electric Power Products, Inc (MEPPI)- History

WM Power Products, Inc - Originally formed and incorporated in December 1985 as a 50/50 joint venture between Westinghouse and MELCO * MELCO (a Westinghouse licensee) continued to design and manufacture electrical equipment that Westinghouse discontinued MELCO bought out Westinghouse share in February 1989 " Became MEPPI, a wholly owned subsidiary of MELCO " However, MELCO continued to work through Westinghouse as an OEM for nuclear products in the USA and other Westinghouse nuclear power plants Changing US nuclear scene has changed commercial strategy of Mitsubishi nuclear companies (MHI & MELCO) Mitsubishi nuclear companies are entering the USA market independent of Westinghouse * Mitsubishi Nuclear Energy Systems, Inc (MNES) is wholly owned subsidiary of MHI * Mitsubishi Electric Power Products, Inc (MEPPI) is wholly owned subsidiary of MELCO

MITSUBISHI ELECTRIC 4 POWER PRODUCTS, INC. Mitsubishi Electric Power Products, Inc (MEPPI) Products and Functions

SComprised of two business groups * Power Systems * Public Utility Systems SRapidly growing company SCompany functions * Sales of MELCO products in North America * Manufacturing of selected MELCO products Project Management Engineering Services 0 Power system studies and analysis * Power system simulator capabilities * Product line support " Training " Field service * Spare parts

MITSUBISHI ELECTRIC 5 APOWER PRODUCTS, INC. MELCO and MEPPI Relationship

~MELCO President & CEO MU ýýPresidenit& CEO-

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6 ,MITSUBISHI ELECTRIC A INC. POWER PRODUCTS, MEPPI Total Headcount

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Number of Personnel

700

600

500

400

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200

100

0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Number of Contract Workers Included 69.5 51.5 34.5 33.5 35.5

7 A •MITSUBISHIPOWER PRODUCTS, ELECTRIC INC. MEPPI - Power Systems Group (1/3)

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MITSUBISHI ELECTRIC 8 -]POWER PRODUCTS, INC. MEPPI - Power Systems Group (2/3)

9 MITSUBISHI ELECTRIC Il POWER PRODUCTS, INC. MEPPI - Power Systems Group (3/3)

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10 A POWERMITSUBISHI PRODUCTS, ELECTRIC INC. Public Utility Group (1/2)

11 AMITSUBISHI ELECTRIC POWER PRODUCTS, INC. Public Utility Group (2/2)

12 AMITSUBISHIPOWER PRODUCTS, ELECTRIC INC. MEPPI Locations

Headquarters & Factories - Warrendale, PA (near Pgh) Regional Sales Offices - Charlotte, Chicago, Dallas, Houston, Los Angeles, New York, Phoenix, Pittsburgh, Princeton, St. Louis, Tampa Other Offices - * New York (Transportation) Orlando (Generation) .

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MITSUBISHI ELECTRIC 15 A.[ POWER PRODUCTS, INC. Nuclear V&V Facility at MEPPI

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