ALSTOM Overview

Headquartered in Paris, France

~ 20 Billion Revenues ~ 100,000 People in 70 Countries

Five Operating Sectors

Power Environment Power Service Power Turbo Systems Transport Marine

ALSTOM Power Inc. Air Preheater Company

Power Environment Sector Overview

Headquartered in Paris, France
~ 3.5 Billion Revenues ~ 13,000 People in 70 Countries

Five Sector Businesses

Energy Recovery Systems ~ 13% Utility Boilers ~ 29% Environmental Control Systems ~ 13% Heat Recovery & Plants ~ 20% Hydro ~ 25%

Largest Worldwide Installed Base!

ALSTOM Power Inc. Air Preheater Company

Energy Recover Systems Overview

Headquartered in Wellsville, NY
~ 300 Million Revenues ~ 1,300 People in 8 Countries ~ 70% of Worlds Utility Air Heaters ~ 90 GW of Energy Conservation

Seven+ Operating Companies

ALSTOM Power Inc., Air Preheater Company Wellsville, NY

ALSTOM Power Air Preheater Company - Lisle, IL ALSTOM Power Air Preheater Company - Wexford, PA ALSTOM Power KK - Kobe, Japan ALSTOM Power GmbH - Bammental, Germany ALSTOM Power Energy Recovery - Kassel, Germany ALSTOM Power Energy Recovery - London, England ALSTOM Power Air Preheater Equipamentos - Vinhedo, Brazil 20 + Licensees and partially owned companies

20,000 Installed Air Preheaters 18,000 Mills

ALSTOM Power Inc. Air Preheater Company

The Air Preheater Company Worldwide Businesses

North America
49% of Revenue

Europe
26% of Revenue

Asia
25% of Revenue

London, U.K. Kassel, Germany Dusseldorf, Germany Windsor, CT Lisle/Naperville, IL Concordia, KS Stuttgart, Germany Wexford, PA Kobe, Japan Bammental, Germany Nihon Kengyo, Japan

Wellsville, NY (Headquarters)

Vinhedo, Brazil

Manufacturing Facilities Engineering Facilities

ALSTOM Power Inc. Air Preheater Company

Air Preheater Company The first 80 years

Located in Wellsville, New York Since 1923

Company History:
1925: Air Preheater Corporation was Founded. 1933: Sold to Superheater Company of America 1948: Superheater Company Merged with Combustion Engineering, Inc., to form Combustion EngineeringSuperheater, Inc. 1953: Became Combustion Engineering, Inc. 1977: Brazil subsidiary company formed, now called Alstom Air Preheater Equipamentos. 1981: An Agreement for Manufacturing and Engineering Technology for Ljungstrom Utility-Sized Air Preheaters Was Signed With the Peoples Republic of China. 1990: ABB Asea Brown Boveri Ltd. Acquired Combustion Engineering, Inc. 1995: ABB Raymond,Inc. was consolidated with ABB Air Preheater, Inc. 1999: Became part of ABB JV with ALSTOM 2000: Became fully owned by ALSTOM

ALSTOM Power Inc. Air Preheater Company

Air Preheater Company Manufacturing Facilities

Description Wellsville, NY Concordia, KS

Floor Space (Sq ft) Manufacturing Whse. & Shipping Offices & Services Total Workload (Direct Hours)

251,082 28,400 19,300 298,782 570,000 - CNC Metal Prep Equip.

- CNC Machining

84,400 17,000 7,800 Concordia, Kansas 109,200 320,000 - CNC Metal Prep Equip.
- CNC Machining Extensive Weld Processes Robotic Welding Precision Assembly 30 Ton Lift Capacity

Capabilities

Extensive Weld Processes Roll Forming Robotic Welding Precision Assembly 100 Ton Lift Capacity

Employees

664

256

Wellsville, New York

ALSTOM Power Inc. Air Preheater Company

Air Preheater Company Strengths

Customer Advantages
Strong financial stability Oxidizer experience since 1958 Complete dedicated manufacturing capabilities In-house personnel = 225 years of oxidizer experience Single-Source responsibility from Control Panel to the Stack, Installation and Start-up Engineered for your specific needs

Customer focused - Quality driven - ISO 9001

ALSTOM Power Inc. Air Preheater Company