Export Control No. PSN-2010-1406 Document No. G3-1109 Rev. 1

The 2nd -Arab Economic Forum Dec 11-12. 2010, Tunis, Tunisia 2010 ’s Nuclear Energy Activities JAEF December 12, 2010

IGARASHI, Yasuharu Toshiba Corporation,2nd Executive Officer Corporate Senior Vice President PresidentThe & CEO, Power Systems Company

1/20 (C)Copyright TOSHIBA CORPORATION 2010 Contents

Corporate Overview 2010 TOSHIBA’s Nuclear Business

Nuclear Power PlantJAEF Construction

2nd Front-end and Fast Reactor The

2/20 TOSHIBA’s Profile

Established In 1875 by TANAKA Hisashige PresidentPresident andand CEOCEO SASAKISASAKI NorioNorio EmployeesEmployees ApproxApprox 204,000204,000 WorldwideWorldwide ** TotalTotal AssetsAssets US$US$ 58,61558,615 millionmillion* Shareholder’sShareholder’s Equity Equity US$US$ 8,5758,575 millionmillion* Paid-in Capital US$ 4,730 million * * As of March 31, 2010 / fiscal year 2009 ended March 31, 2010, consolidated basis, 1USD=¥93, for 2010convenience only TOSHIBA building (Headquarter) < Digital Products Group > Visual Products Company Storage Products Company Digital Products and Network Company President and CEO Toshiba TEC Corporation < Electronic Devices ComponentsJAEF Group > Semiconductor Company Toshiba Mobile Display Co., Ltd < Infrastructure Systems Group > Power Systems Company 2ndTransmission Distribution and Industrial Systems Company Social Infrastructure Systems Company Toshiba Elevator and Building Systems Corporation Toshiba Solutions Corporation SASAKI Norio Toshiba Medical Systems Corporation The Toshiba Consumer Electronics Holdings Corporation

(C)Copyright TOSHIBA CORPORATION 2010 3/20 TOSHIBA’s Products

Home Appliances Digital Products

5% 8% 34% 2010 34% 19% JAEF As of 2010.March 31, consolidated basis

Social Infrastructure Electronic Devices 2nd

The

(C)Copyright TOSHIBA CORPORATION 2010 4/20 TOSHIBA’s Social Infrastructure Products

Power Plant Transmission and Distribution

Thermal Turbine Hydro Turbine Nuclear Power System Transformer 2010Transmission Renewable system Energy SmartSmartGrid Grid

Network Control Monitor and JAEFControl System Photovoltaic Power System Industrial Systems 2nd

Geothermal Power System Rechargeable Battery Medical System Transport Fuel The Control System Elevator

(C)Copyright TOSHIBA CORPORATION 2010 5/20 TOSHIBA’s Activities in Arab Area

Iraq: Lebanon: Hydro Power : 4 Units Hydraulic Turbine 796MW Thermal Power : 4 Units 130MW 4 Units Generator 948MVA

Kuwait: Thermal Power : 22 Units 4,470MW

2010Bahrain: Thermal Power : 1 Unit 65MW

UAE : TOSHIBA Gulf: Thermal Power : 4 Units 968MW Egypt: UAEJAEF (Dubai) + Desalination Plant Thermal Power : 6 Units 1,764MW UAE (Abu Dhabi) Hydro Power : 4 Units Generator 300MVA Egypt (Cairo) Rolling Stock TV Factory 2nd

The

(C)Copyright TOSHIBA CORPORATION 2010 6/20 TOSHIBA’s Nuclear Business Domain

Uranium/ Fuel Nuclear Manufacturing Fusion

Courtesy of JAEA and 2010Hydrogen © ITER Organization LWR Production BWR:BWR: ABWRABWR Construction

Fast LWRJAEF Reactor/ Maintenance Next Generation Courtesy of TEPCO Nuclear Reactor Services PWR:PWR: AP1000AP1000 Fuel 2nd Cycle

From nuclearThe power plants to future energy development LWR:Light Water Reactor (C)Copyright TOSHIBA CORPORATION 2010 (A)BWR : (Advanced) Boiling Water Reactor 7/20 PWR:Pressurized Water Reactor TOSHIBA’s Construction Experiences

Constructed plants KASHIWAZAKI-6/7 Under construction

The first ABWR

The world record of shortest in the world(K-6) OHMA-1 (ABWR) construction period of 2010 HAMAOKA-5 Tohoku, HIGASHIDORI-1 36 months ONAGAWA-3 KASHIWAZAKIKARIWA-7 (ABWR) KASHIWAZAKIKARIWA-6 (ABWR) ONAGAWA-2 HAMAOKA-4 KASHIWAZAKIKARIWA-3 KASHIWAZAKIKARIWA-2 Construction of the HAMAOKA-3 JAEFFUKUSHIMAⅡ-3 first domestic plant ONAGAWA-1 KASHIWAZAKIKARIWA-1 FUKUSHIMAⅡ-1 HAMAOKA-2 FUKUSHIMAⅠ-6 FUKUSHIMAⅠ-5 HAMAOKA-1 ¾Entered business in 1966, FUKUSHIMAⅠ-3 2ndⅠ constructed 22 units, including FUKUSHIMA -2 FUKUSHIMAⅠ-1 17 units as prime contractor TSURUGA-1 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 ContinuousThe and rich construction experiences

(C)Copyright TOSHIBA CORPORATION 2010 8/20 TOSHIBA Group’s Nuclear Power Plant Business

BWR 2010PWR ABWR Business Business AP1000

Only generation Ⅲ reactor in operation Only generation Ⅲ+ evolutional reactor with U.S. NRC design certification JAEFwith U.S. NRC design certification

TOSHIBA group’s U.S. 62 Switzerland 2 construction experiences Japan 21 Finland 2 2nd Sweden 10 Slovenia 1 112 plants in 10 countries worldwide Korea 6 Brazil 1 (26 BWR plants, 86 PWR plants) Spain 5 Taiwan 2 Source : World Nuclear Power Plants 2010, Japan Atomic Industrial Forum PromoteThe both BWR & PWR worldwide

(C)Copyright TOSHIBA CORPORATION 2010 U.S.NRC: U.S. Nuclear Regulatory Commission 9/20 TOSHIBA Group Global Network

WEC Sweden TOSHIBA Isogo Nuclear Vasteras Engineering Center Yokohama WEC Pittsburgh TANE Washington DC

2010

JAEF

2nd WEC San Jose TANE Charlotte As of Sep.2010 70 bases in 16 countries for nuclear business, sales & marketing,The engineeri ng, procurement & construction WEC: Westinghouse Electric Company (C)Copyright TOSHIBA CORPORATION 2010 10/20 TANE:TOSHIBA America Nuclear Energy ABWR : Proven with Much Experience „Only generation III advanced reactor in operation ‹ The latest and proven BWR to receive Design Certification from U.S.NRC ‹ The first unit started commercial operation in 1996 ‹ 37 months of construction period in Japan 2010 ‹ No significant impacts by large earthquake

‹ 4 units in operation, 2 units under construction, ABWR in Japan 8 units planning in Japan

【ABWR construction schedule in Japan】 Source: World Nuclear Power Plants 2010, Japan Atomic Industrial Forum, Inc. 2007 2008 2009 2010 2011 2012 2013JAEF 2014 2015 2016 2017 2018 2019 2020 SHIMANE-3 Under construction OHMA-1 Planning TEPCO/HIGASHIDORI-1 FUKUSHIMA-7 2nd FUKUSHIMA-8 KAMINOSEKI-1 TEPCO/HIGASHIDORI-2 HAMAOKA-6 TOHOKU/HIGASHIDORI-2 The KAMINOSEKI-2

ABWR : Advanced Boiling Water Reactor (C)Copyright TOSHIBA CORPORATION 2010 PWR:Pressurized Water Reactor 11/20 ABWR Project Status in U.S. South Texas Project 3 & 4 „ Licensing processes are smoothly proceeding Bay City TX ‹ U.S.NRC certified TOSHIBA as an ABWR provider (Aug. 2009) ‹ Renewal and amendment of ABWR Design 2010 Certification (Nov.2010) ‹ Satisfies U.S.NRC safety requirements ¾ Digital I & C platform ¾ Airplane impact analysis JAEF 【Project Schedule for STP-3 & 4】 Completion drawing of STP3&4

2007 2008 2009 2010 2011 2012 2013 2016 EPC Contract ▼ ▼ Certified2nd as ABWR Start Construction ▼ Commercial Operation start▼ provider by NRC ▼ Amend D.C. Application ▼COLA rev.0 ▼ Issuance of COL ▼ rev.1 ▼ rev.2The▼ rev.3 ▼rev.4 ▼rev.5 Prior Engineering Engineering and Procurement Construction

(C)Copyright TOSHIBA CORPORATION 2010 I & C:Instrumentation & Control 12/20 ABWR Promotion in Europe Finland 6 „ Modification for European safety requirements ‹ Promoting EU-ABWR to Finland and other EU countries ‹ 2 site of DiP completed in Finland ‹ Satisfies EU safety requirements ¾ Aircraft crash protection 2010 ¾ Severe accident mitigation system Core catcher and PCCS

TOSHIBA test JAEF facilities

Test Facility for PCCS 2nd

EU-ABWR Test Facility for Core Catcher (Sector model) The

DiP: Decision in Principle (C)Copyright TOSHIBA CORPORATION 2010 13/20 PCCS: Passive Containment Cooling System AP1000TM : Evolutional Plant „Only generation III+ evolutional reactor

‹ Simplified plant design ¾Fewer components contribute to lower cost and shorter construction period ‹ Licensed passive safety system 2010 ¾Using natural circulation, gravity, convection and compressed gas ‹ 4 units under construction, 6 units engineering proceeding 14 units COLA submitted in U.S. JAEF

2nd

50% 35% 80% 45% 70% Fewer Fewer Less Less Seismic Less Safety Pumps Safety Building Cable The Valves Pipe Volume AP1000TM Compared to Conventional PWR

(C)Copyright TOSHIBA CORPORATION 2010 14/20 AP1000TM Construction Status in China Sanmen and Haiyang

„ Construction proceeding on schedule

‹4 units under construction Haiyang ‹First concrete pouring P. R. China ¾ Sanmen Site in Apr. 2009 2010 ¾ Haiyang Site in Sep. 2009 Sanmen ‹Commercial operation starts in 2013 JAEF

2007 2008 2009 2010 2011 2012 2013 2014 2015

Sanmen 1 Haiyang 12nd Sanmen 2 Haiyang 2

The AP1000TM

(C)Copyright TOSHIBA CORPORATION 2010 15/20 AP1000TM Licensing Status „ Licensing are steadily proceeding in U.S. ‹ US-NRC Design Certification in Jan. 2006 Summer Davie ‹ Customer’s COL

¾ Vogtle 3&4 / Summer 2&3 Harris granted Oct.-Dec. 2011 2010Oconee Bellefonte W.S.Lee

2011 2012 2013 2014 2015 2016 2017 2018 2019 Levy Vogtle-3 Summer-2 Vogtle Turkey Point Vogtle-4 JAEF Summer-3

„ Licensing progress in UK ‹ Under the process of reviewing2nd by Nuclear Directorate of UK ‹ iDAC in June 2011

The Courtesy of Southern Electric Company

COL: Combined Construction and Operating License (C)Copyright TOSHIBA CORPORATION 2010 iDAC : interim Design Acceptance Confirmation 16/20 TOSHIBA Group Provide Total Service „ Front-end capabilities acquired ‹ Uranium resources ¾Participation in Kharasan ● Fabrication ●Enrichment ● Reconversion and ¾Agreement with Uranium One ● ● Fuel Components Fabrication Uranium ● Production 2010● Fabrication ● ‹ Enrichment Uranium Product Sales ¾investment in USEC Conversion, Reconversion and Fabrication

‹ Fuel fabrication ¾Acquired SFL (U.K. fuel supply company)JAEF

‹ Supply chain ¾Formation of a new joint2nd venture (A-UAM)

The

SFL:Springfields Fuel,Ltd (C)Copyright TOSHIBA CORPORATION 2010 17/20 A-UAM:Advance Uranium Asset Management TOSHIBA’s Fast Reactor Development ■FR key component development ‹ Verification by TOSHIBA test facility ¾Electro-Magnetic Pump ¾Electro-Magnetic flow-meter 2010 ■Small FR 4S 〈Super-Safe, Small and Simple〉 Largest sodium test facility ‹ Feature JAEF in Japanese private company ¾ 2 types of Output : 10MWe, 50MWe ¾ No refueling for 30 years * ¾ High security, safeguards ‹ Application 2nd ¾ High temperature steam supply ¾ Sea water desalination ¾ HydrogenThe production 4S * In case of 10MWe

(C)Copyright TOSHIBA CORPORATION 2010 FR:Fast Reactor 18/20 Summary „ TOSHIBA has been providing thermal, hydraulic power plants and transmission and distribution systems in Arab area. „ TOSHIBA will contribute to environment2010 and energy security in Arab area by delivering nuclear energy systems as global eco-company.

„ TOSHIBA, including groupJAEF company Westinghouse Electric, leads the global nuclear industry with capabilities in both BWR and PWR. 2nd

The

(C)Copyright TOSHIBA CORPORATION 2010 19/20 2010

JAEF

2nd

The

(C)Copyright TOSHIBA CORPORATION 2010 20/20