2 MAY 2009

Green Power Panay Ground Breaking Ceremony

The groundbreaking ceremony for Green Power Panay Philippines Inc. ("GPPPI") biomass power plant took place today the 2nd May 2009. The GPPPI power plant is to be built on land acquired by the company in Mina, Panay, Philippines. GPPPI will initially deliver 17.5 MW (expandable to 35 MW) of clean, green, renewable energy helping alleviate the current power shortages within the Visayas Grid. In the year 2008 there were 1020 blackouts of electricity on the island of Panay and the power situation continues to deteriorate.

The project has received tremendous support from the Catholic Church, the Government of the United Kingdom, the Philippine Department of Energy, Department of Agriculture, Department of the Environment and Natural Resources and National Philippine Government.

The event was attended by key Church, Government and Corporate dignitaries including:

• His Excellency, the Most Reverend Archbishop Angel Lagdameo D.D.
• Derek Page UKDTI British Embassy Manila
• The Honorable Undersecretary of Energy Ramon Santos (Philippine department of Energy)
• The Honorable Mayor Grabato of Mina
• Peter Heinzelmann Poyry Energy Inc (Philippines)
• Clovis Tupas General Manager Alternative Fuels Corporation (Philippine National Oil Company)