BROWN EAGLE Value. Vision Passion Solid Relationships. Success

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Vision Passion Solid Relationships Success

In June 2007 Brown Eagle [BE] Limited (JAFZ) was established, [BE] has been active in the Saudi Arabian railway sector in the past years and was successful in participating, qualifying and bidding with major contractors on every railway project offered by the PIF and SRO in Saudi Arabia. [BE] was successful in forging alliances, partnerships and collaboration with leading companies active in the railway sector worldwide. [BE] has also forged alliances with major suppliers of equipment and material used in the railway sector. This track record and experience was gained as a result of research and development work carried out by [BE] RD in the past years in addition to the extensive work in the preparation of the proposals on the four NSR packages; CTW100, CTW200, CTW300 and CTW400 with additional packages in the pipeline. [BE] is considered among the most active suppliers in the Saudi Railway sector in the region and is well positioned to gain market share in this sector throughout the region in the upcoming period.

VISION & MISSION STATEMENT BE s Vision is to be the recognized leader in the supply, sale of quality select products & services for the railway, building, industrial, and oil field service sectors in the ME and Africa in partnership with leading worldwide proprietary suppliers/partners And BE s Mission is to provide its customers with innovative, value added solutions for product acquisition through effective product supply solutions and to provide BE s partners with new markets and opportunities for localizing their products & services in these new markets. To accomplish this BE shall maintain leadership in select product supply as a result of BE s constant pursuit and dedication: to improving customer, partners experience and satisfaction; And commitment in offering superior quality products and services; to penetrating new markets for BE s partners.

BE s Track Record Our track record demonstrates that in the past 5 years we have been successful in securing large market share for our international partners from Europe. We have good access among several key contractors and clients throughout MENA and we confirm our abilities to gain market share for partners quality products and services with our local know how and support. Fulfillment of our MENA clients challenging requirements on time, within budget, on schedule and maintaining our excellent business relationship built on trust & performance.

BE Added Play a key role in promoting our partners proprietary products & services to clients in the MENA These well selected quality products & services require local presence with global outreach. Through BE s Global & Regional Footprint with our partners we were able to develop the specific product knowledge and well understand our clients local requirements. Seek the product & services match that will satisfactorily fulfill our clients needs. Develop the local know how with our clients with the support of our partners.

BE within less than 3 years from its formation was considered the leading supplier of Rail Turnouts in Saudi Arabia, it is now delivering over 500 Turnouts (Large and Medium Size) to various leading clients operating in Saudi Arabia. These turnouts include the concrete sleepers and the complete Turnout components. BE has forged major exclusive alliances and partnership with leading suppliers of railway products and services (See Partners Below) including positioning itself as their exclusive agent in the Middle East & Africa to serve the booming railway sector in the upcoming years.

PARTNERS Martin Rose Gleisbau GmbH & CO KG

The Railway Al Qurayyat Al Jalamid Al Jawf Hail Az Zabirah Ras az Zawr Jubail Dammam Buraidah Hofuf Riyadh Jeddah New Line Future Existing 8 May 2005 Saudi Arabian Mining Company 5

Sheikh Omar Binladin, President & CEO of Saudi Binladin Group- Public Buildings & Airports & Mr. Badi Charani, CEO & President of Brown Eagle Ltd. SIGNING CEREMONY BETWEEN AND SAUDI BINLADIN GROUP ON THE NORTH SOUTH RAILWAY CTW100 PROJECT RAILWAY TURNOUT CONTRACT JEDDAH, SAUDI ARABIA, OCTOBER 20, 2007

SIGNING CEREMONY BETWEEN AND CHINA RAILWAY BUREAU 18 ON THE NORTH SOUTH RAILWAY CTW200 PROJECT RAILWAY TURNOUT CONTRACT RIYADH, SAUDI ARABIA, FEBRUARY 24, 2008

Eng. Abd Al Karim Al Ayuni, CEO of AL Ayuni Cont. Co. The Consortium Leader CTW400 NSR Project. Eng. Saleh Olayan, Project Director CTW 400 NSR Project. Mr. Rainer Schmidt, Director of Business Development RAIL.ONE Germany & Mr. Badi Charani, CEO & President of Brown Eagle during the Signing Ceremony for supply 850,000.00 of Track Sleepers on the NSR CTW400 Project, Riyadh Saudi Arabia. Riyadh, Saudi Arabia, 2011

Dr Rumaih, CEO of Saudi Arabian Railways (SAR). Mr. Ralph Subottka, CEO of RAIL.ONE GmbH of Germany & Mr. Badi C Charani, CEO Brown Eagle, during signing ceremony of the leasing of Hail Facilities for the concrete sleeper pat for NSR project.

ThyssenKrupp Bochun Turnout Plant Inspection by Saudi & Chinese Clients. Essen, Germany 2010.

Mr. Bugden, CEO of ThyssenKrupp GfT. Mr Serafidis, Director of Marketing ThyssenKrupp Gft Gleistechnik GmbH & Mr. Badi C. Charani, CEO & President of Brown Eagle (BE) Limited during their visit to NSR CTW100 track work in Kingdom of Saudi Arabia.

Future Plans

New Projects East-West Railway (Saudi Landbridge) Hazm Al-Jalamid Mekkah Medinah Rail Link (MMRL) Qurayyat North-South Railway Ras Az Zawr Existing network Hail Jubail Zabierah Dammam Madinah Buraideh Hofuf Yanbu Riyadh Haradh Jeddah Makkah NSR CTW 400 Approximately 500 km of new line linking Buraidah to Riyadh Landbridge Project 950 km of new line between Riyadh and Jeddah 750 km of Refurbishment line between Riyadh and Dammam 115 km of new line between Dammam and Jubail Makkah Madinah HSL Approximately 600 km of new line linking Jeddah to Makkah, Madinah and Yanbu

GCC rail project to cost $25 billion JEDDAH: The much talked about Gulf Cooperation Council (GCC) railway project, linking GCC member countries, is expected to cost 25 billion American dollars, said an informed source at the GCC General Secretariat. The 2,117-km-long network, starting in Kuwait and Saudi Arabia, is likely to be completed by 2017, the source said. Tenders for an engineering study for the railway will be called in the first quarter of this year. The source said tenders would be invited from specialized consultancy firms in order to conduct the study within the next 18 months. An independent authority would be established to manage the multi-billion dollar project, which is expected to create about 40,000 jobs. The building of the railway lines will start in 2012 after the completion of engineering studies. Mohammad bin Obeid Al-Mazroui, GCC assistant secretary-general for economic affairs, said up to five companies would be short listed to carry out the railway project. The GCC official indicated that either a single company would be chosen for the execution of the project or a number of companies would come together to do it as part of a consortium. The project would change the transportation pattern in the GCC. Train services across the six GCC states will facilitate movement and travel of GCC citizens as well as expatriates and boost regional trade. An initial study proposed the laying of two railway lines, the first being 1,970 kilometers long, stretching from Kuwait to Saudi Arabia, Bahrain and Qatar, and from there to the UAE and Oman. The second line would be 1,984 km long, running from Kuwait to Saudi Arabia and the UAE and ending in Oman. A report by Kuwait Financial Center in December 2011 said GCC countries are planning to invest a total of $109 billion on rail projects in the next 10 years in or- der to solve traffic congestion issues. The largest of the GCC members, Saudi Arabia has 1,018km of railway ahead of its neighbors. Yet the freight and passenger services that currently operate between Riyadh and Dammam are a small part of a much bigger future. The Kingdom s North-South Railway Project (NSR) is already well underway and is expected to be completed this year. Constituting of a single track about 1,800km long, the project will only handle freights of phosphate and bauxite from mines at Zubairah and Jalamid to processing plants in Jubail. On the more passenger-orientated front, the East- West Railway project (Land bridge) aims to provide connections between Jeddah, Dammam and Jubail. The project will consist of two tracks; the first of which will cover 449km and handle only passengers, while the second will stretch 556km and be devoted exclusively to freight. Saudi Rail Organization recently awarded the contract on the Haramain high-speed rail link between Mecca and Madinah. The project is aimed at providing transport for Umrah and Haj pilgrims traveling between the two cities and Jeddah. -Agencies

Vision is about seeing beyond what others see Passion is about making the impossible possible A solid relationship is about value beyond limits With God s will, we believe Success is about Vision, Passion and Solid Relationships (BE) Limited www.brown-eagle.com

FACILITIES Brown Eagle (BE) Limited (Jebel Ali Free Zone BE JAFZ) Brown Eagle Dubai Brown Eagle Abu Dhabi Dubai Airport Free Zone Marina Plaza Building, 4th Floor, Near Terminal 2, Lulu Street, 3rd East Wing 4th Floor. P.O. Box 29861, P.O. Box 54620, Dubai Abu Dhabi, United Arab Emirates United Arab Emirates Tel: (+971) 4 214 9836 Tel.: (+971) 2 633 4446 Fax: (+971) 4 214 9501 Fax: (+971) 2 633 4436 Brown Eagle Saudi Arabia Brown Eagle Lebonan ARACOM Liban Post Sulaimaniyyah Dabbab St. P.O. Box 10 Al Khair Building, Jeb Jannine Office # 19, 3rd Floor. Lebanon P.O. Box 19004 Riyadh 11435. Tel: (+961) 8 641 333 Kingdom of Saudi Arabia Tel: (+966) 1 462 8899 / 466 0590 Fax: (+966) 1 462 0906