23 June 2009. Introducing Thuthuka A world-class, South African based, multidisciplinary (civil, mechanical, chemical, electrical and process) project

23 June 2009

Introducing Thuthuka • A world-class, South African based, multidisciplinary (civil,

mechanical, chemical, electrical and process) project engineering, origination and investment company

• Founded in 2005 by merger of a number of engineering companies active in related fields

• Specialises in:– Industrial water treatment and reclamation– Chemical and process plant– Emissions management– Mining and metallurgical projects

• Primarily focused on the mining and resources sectors• BOOM – Build, Own, Operate and Maintain

– Deepening Thuthuka’s value proposition through unique project finance offering

A Proud Footprint

GhanaNigeria

Namibia

South AfricaBotswana

Madagascar

Democratic Republic of the Congo

Mozambique

MauritiusMalawi

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Organisational Structure

Revenue Sources

International

Local

ProjectMng Turnkey

TimeBased ProjectBased Regular

BOOMProduct BOMConsulting Turnaround

Annuity Once-Off

• Water treatment– The design and construction of plant and equipment for the recovery

and re-use of potable and industrial water, thereby eliminating environmental and ecological damage

• Emissions management– Thuthuka has the scrubber technology to successfully scrub most

pollutants that industry produces– Technologies provided comply with new South African regulations on

emission control and international requirements set to comply with ISO 14000 production standards

Products and Services

• Mining and Metallurgical– Turnkey capabilities for the design, manufacture and installation of

plant and equipment for the recovery of base and precious metals by leaching, solvent extraction, electrowinning and reworking of tailings dams and rock dumps

• Chemical processing– Design and construction of plant for chemical processes, including the

production of sulphuric acid

Products and Services

Customers & Partners

Key Differentiators“seeking to occupy niche markets”

Flagship Projects

Barge pump stationElands PlatinumWater treatment plant

Hazardous Waste Handling

People’s Republic of China

Flagship Projects

Boynton Barrick Pipeline

StackNortham Platinum

Flagship Projects

Surface Materials Handling

Metallurgical Process Plant

Civil constructionElands Platinum Mine

Flagship Projects

Acid mine drainage treatment

Multi purpose gas scrubbers

Biological Heap Leach Plant

Flagship Projects

Project Description Start date End date

Pilansberg Platinum (1008) 10 MVA Standby power generating plant

2008 2009

SNC Lavalin (0308) CCD Thickeners, FRP Liners, Launders, Madagascar

2008 2010

TMP Impala Platinum (0508) Impala Gas Scrubbers 2008 2009

Boynton/Barrick (0207) Water Supply, Reservoir and Pipelines

2007 2009

Eland Platinum (2006) Sewage & Water Treatment Plant, BOOM project

2007 2008

PBMR (t114) Turnkey Supply of Nuclear Chemical Plant

2007 2009

Boynton Platinum (0507) Hall Roads 2009 2010

Eland Platinum (0607) Tailings Dam 2007 2008

Prospective ProjectsProject Description Start date End date

Si Metal/Trichlorosilane Production of 10 000 tonnes of Trichlorosilane(TCS) per annum

2011 2012

PTFE Production of 4000 tones of PTFE (Teflon)

2011 2013

Carbon Black Exxaro Converts Methane gas to Carbon Black and Hydrogen

2012 2013

Zircon Pigments Converts Zircon to Plasma Dissociated Zircon

2010 2011

Zircon Chemicals Exxaro Converts Zircon into other high value chemicals

2011 2012

Niobium/Tantalum Mining of a Niobium rich ore, upgrading of the ore to a concentrate

2010 2012

Sasol Green Coke induction heating

Converts Sasol Green Coke to a calcined coke

2010 2011

Prospective Projects

Project Description Start date End date

Titanium industry TiO2 (Full plant)

Production of Titanium dioxide

2016 2018

Mozambique Limestone Limestone mine, Cement and limestone plant

2010 2013

Fumed silicon Silicon chloride and plasma technology to produce fumed silica and gaseous chlorine

2011 2012

Strategic Intent• Markets identified in SA/Africa & developing world• Potential markets benchmarked against:• skills availability• level of infrastructure development•Buoyancy of domestic resources sector

• Divisions structured to achieve logical consolidation & representation of the markets in which Thuthuka operates and the clients it serves•Achieved by:

•Organic growth• M&A activity

• Developed in accordance with both organic & acquisitive strategies•Each division headed by key member of the senior management group

• Pricing strategy• Changing the customer value proposition• Pricing strategy• Sales strategy• Expansion opportunities

Thuthuka Grouping: Financial History

2006 2007 2008ZAR:USD USD'000 USD'001 USD'002

8 Actual Actual Actual

Revenue 15,065 25,117 42,941

Gross Profit 4,751 9,055 15,001

Operating Profit 2,161 4,831 6,368

Profit before Tax 1,747 3,349 4,616

Profit after Tax 1,365 2,099 3,358

Net Asset Value 2,551 4,982 9,255

Contact details• Thuthuka Group Limited

Bill Pullen, Chief [email protected]

• Dominic Group Bob [email protected]

• Arcay Corporate FinanceMarthinus [email protected]

Thank you

Documents

23 June 2009. Introducing Thuthuka A world-class, South African based, multidisciplinary (civil, mechanical, chemical, electrical and process) project