12/13/09 Bionic Palm Limited, Ghana

The elementary basics of the BIONIC philosophy: Full sustainability Social responsibility Food security for Africa Economic development for poverty reduction Continuous soil improvement & water management Constant revenue optimization Lowest capital cost per hectar for the industry 12/13/09

The elementary basics of the BIONIC philosophy:

Full sustainability

Social responsibility

Food security for Africa

Economic development for poverty reduction

Continuous soil improvement & water management

Constant revenue optimization

Lowest capital cost per hectar for the industry

12/13/09 BPL farm land Capital area (population 3 Mio) International Airport Atlantic Seaport 50 km radius

12/13/09 To Tema/Accra Test Farm Lomobiawe West Lomobiawe South Lomobiawe North Adibiawe North Adibiawe South To Aflao

12/13/09 December 2008 June 2009 Before we started the test farm Jatropha hedges planted in Dec 2008 Maize planted in May 2009 Transformation of Savannah soil is already visible

Jatropha Curcas Linn (JCL) centered business model proved too risky Stand alone JCL farm for Biodiesel is currently not profitable (in most cases) Future, high value products not fully defined (Biojetfuel, Biorefinery) Technologies for reduced production cost of seeds lag behind Measures for drastic overall yield improvements are necessary Increased mechanization required, especially for harvesting Early revenue streams had to be identified for better cash flow Multiple revenue streams had to complement each other Risk exposure needed reduction to an acceptable level Unquestionable levels of sustainability had to be achieved Agronomic sustainability Ecological sustainability Social sustainability Economic sustainability Food vs Fuel issues had to be addressed African specific issues required adjusted solutions 12/13/09

Jatropha Curcas Linn (JCL) centered business model proved too risky

Stand alone JCL farm for Biodiesel is currently not profitable (in most cases)

Future, high value products not fully defined (Biojetfuel, Biorefinery)

Technologies for reduced production cost of seeds lag behind

Measures for drastic overall yield improvements are necessary

Increased mechanization required, especially for harvesting

Early revenue streams had to be identified for better cash flow

Multiple revenue streams had to complement each other

Risk exposure needed reduction to an acceptable level

Unquestionable levels of sustainability had to be achieved

Agronomic sustainability

Ecological sustainability

Social sustainability

Economic sustainability

Food vs Fuel issues had to be addressed

African specific issues required adjusted solutions

Value chain is financially not working out for early producers Current use of C rude J atropha O il (CJO): Biodiesel Electricity and heat from cogeneration Testing of future applications (Biojetfuel, Refining of specialty oils) Assume a cif Rotterdam price of US$ 1000 per MT (Already absolutely unrealistic for biodiesel & power generation!)  results in approx. US$ 900 FOB Africa Translates in ex mill price of US$ 750 – 850 depending on location Packaging for transport US$ 100 Processing US$ 60 Seeds plus transport US$ 600 4 MT seeds needed per MT of CJO Assumed price of seeds at farm gate US$ 100 (doesn’t cover all of direct cost on commercial farm!) Shipping and handling of seeds US$ 50 Optimistic cash flow projection per MT of CJO: US$ - 10 to + 90 12/13/09

Value chain is financially not working out for early producers

Current use of C rude J atropha O il (CJO):

Biodiesel

Electricity and heat from cogeneration

Testing of future applications (Biojetfuel, Refining of specialty oils)

Assume a cif Rotterdam price of US$ 1000 per MT

(Already absolutely unrealistic for biodiesel & power generation!)  results in approx. US$ 900 FOB Africa

Translates in ex mill price of US$ 750 – 850 depending on location

Packaging for transport US$ 100

Processing US$ 60

Seeds plus transport US$ 600

4 MT seeds needed per MT of CJO

Assumed price of seeds at farm gate US$ 100 (doesn’t cover all of direct cost on commercial farm!)

Shipping and handling of seeds US$ 50

Optimistic cash flow projection per MT of CJO: US$ - 10 to + 90

JCL business will work when/if seed prices come down and revenues go up Cost of seeds will come down, when JCL specific mechanization technology becomes available Harvesting Pruning Improved agronomic methods are developed and tested Depreciation comes down due to reduced capital expenditure per ha Revenues will go up, when Advanced uses of CJO go online which justify higher feedstock prices Press cake can be sold at a reasonable price CJO as feedstock for biorefineries becomes a reality Solutions are needed to bridge a 3-5 year market build up 12/13/09

JCL business will work when/if seed prices come down and revenues go up

Cost of seeds will come down, when

JCL specific mechanization technology becomes available

Harvesting

Pruning

Improved agronomic methods are developed and tested

Depreciation comes down due to reduced capital expenditure per ha

Revenues will go up, when

Advanced uses of CJO go online which justify higher feedstock prices

Press cake can be sold at a reasonable price

CJO as feedstock for biorefineries becomes a reality

Solutions are needed to bridge a 3-5 year market build up

Theoretical yield calculation for an excellent mature JCL field = 7980 kg seeds or 1995 kg oil 12/13/09 Factor Number of plants Harvests per year Number of branches Number of clusters Fruits per cluster Seeds per fruit Seeds per kg Oil extraction rate influenced by > planting pattern > climate > pruning technique > soil quality, fertilizer > pollination, bees > --- > variety > technology, variety numbers 1900 x2 x35 x3 x10 x3 /1500 25% (mechanical extraction)

Theoretical yield calculation for an excellent mature JCL field

= 7980 kg seeds or 1995 kg oil

Polyculture instead of JCL with some intercropping Availability of multiple revenue streams to generate early income Integration of the best properties from all types of crops Full sustainability within minimum time frame 2 nd Gen Biofuel and biochar from up to 10 MT/ha of waste biomass Overall negative carbon footprint through biochar sequestration Zero waste approach Develop synergies between various revenue streams Maximum JCL yield requires bees for pollination Waste biomass handling produces fertilizer BTL reduces fuel cost at farm and supplies energy for processing Biochar for soil improvement also creates carbon credits Essential to give the same amount of attention to each revenue stream 12/13/09

Polyculture instead of JCL with some intercropping

Availability of multiple revenue streams to generate early income

Integration of the best properties from all types of crops

Full sustainability within minimum time frame

2 nd Gen Biofuel and biochar from up to 10 MT/ha of waste biomass

Overall negative carbon footprint through biochar sequestration

Zero waste approach

Develop synergies between various revenue streams

Maximum JCL yield requires bees for pollination

Waste biomass handling produces fertilizer

BTL reduces fuel cost at farm and supplies energy for processing

Biochar for soil improvement also creates carbon credits

Essential to give the same amount of attention to each revenue stream

12/13/09 Egg plants (Aubergines) Ground nuts (Peanuts) Three excellent examples of the new symbiosis Not the typical JCL intercropping approach Hot pepper (Chili)

Three excellent examples of the new symbiosis

Not the typical JCL intercropping approach

12/13/09 Additional Revenue Streams Slowly growing processing of JCL seeds Charcoal production in kilns Roll out of bee hives and their population General plantation roll out of total area (up to 5000ha per farm) Early plantation roll out (up to 1000ha) Testing and preparation Food crop planting on maximum field size available for early revenue generation Plantation Development Proper clearing and plowing Application of standard fertilizer and water management Use of Jatropha DOC replacing standard NPK Biochar program Soil Management Carbon credits for CO2 sequestration

A multi stream project requires strong complexity management Project needs break down into small, transparent sections Thorough testing prior to roll out is obligatory Testing helps to adjust basic methods and techniques to the actual project environment Specific crops react differently in a farm specific environment Leadership team, supervisors and personnel need to be trained and tested Build a detailed business case based on realistic data Plan with proven data only, no hearsay from the internet In depth continuous risk assessment Permanently review and revise business model New information from internal and external sources to be checked for relevance Recognized errors and mistakes have to be corrected immediately Manage cost daily on detail level Build and improve revenue constantly Strong strategic model couples with everyday simplicity 12/13/09

A multi stream project requires strong complexity management

Project needs break down into small, transparent sections

Thorough testing prior to roll out is obligatory

Testing helps to adjust basic methods and techniques to the actual project environment

Specific crops react differently in a farm specific environment

Leadership team, supervisors and personnel need to be trained and tested

Build a detailed business case based on realistic data

Plan with proven data only, no hearsay from the internet

In depth continuous risk assessment

Permanently review and revise business model

New information from internal and external sources to be checked for relevance

Recognized errors and mistakes have to be corrected immediately

Manage cost daily on detail level

Build and improve revenue constantly

Strong strategic model couples with everyday simplicity

Adjust technology to local conditions Manual labor vs. mechanization Preference for manual labor Often the lower cost alternative Better quality plant handling Supports social sustainability Governed by availability of workforce Time available for a job Yield targets start very low Below 60% of standards advertised Usage of open pollinated planting material when ever possible Development of an outgrower program early on Social responsibility to be exercised all the way Strong focus on community relations 12/13/09

Adjust technology to local conditions

Manual labor vs. mechanization

Preference for manual labor

Often the lower cost alternative

Better quality plant handling

Supports social sustainability

Governed by availability of workforce

Time available for a job

Yield targets start very low

Below 60% of standards advertised

Usage of open pollinated planting material when ever possible

Development of an outgrower program early on

Social responsibility to be exercised all the way

Strong focus on community relations

Nothing is taken for granted Study of environmental conditions Soil, nutrients Climate Water rain/irrigation situation Local pests and rodents Development of a first set of low risk cash crops (i.e. Maize, Sorghum, Millet) Identify best Jatropha planting method Timing Equipment selection (types & numbers) Investment limited to the absolute essential Use of locally available services Labor before mechanization Low operating cost Focus on essential information not perfection of operations Recording of all details and constant strategy review Identification and planning of all acquisition of equipment, resources and material for roll out Time required: 15 months 12/13/09

Nothing is taken for granted

Study of environmental conditions

Soil, nutrients

Climate

Water rain/irrigation situation

Local pests and rodents

Development of a first set of low risk cash crops (i.e. Maize, Sorghum, Millet)

Identify best Jatropha planting method

Timing

Equipment selection (types & numbers)

Investment limited to the absolute essential

Use of locally available services

Labor before mechanization

Low operating cost

Focus on essential information not perfection of operations

Recording of all details and constant strategy review

Identification and planning of all acquisition of equipment, resources and material for roll out

Time required: 15 months

Detailed planning of all aspects in this phase Continuously improve business plan Follow up on all assumptions made Adjust to reality (cost, yields, market prices) Permanent update of risk assessment Use enough land to reach stand alone profitability Planting approach Limited number of cash crops used Start systematic Jatropha maintenance / pruning Start own seed program through selection Continue testing Test as many crops as possible Continuously adjust strategy as needed Time required 12-18 months 12/13/09

Detailed planning of all aspects in this phase

Continuously improve business plan

Follow up on all assumptions made

Adjust to reality (cost, yields, market prices)

Permanent update of risk assessment

Use enough land to reach stand alone profitability

Planting approach

Limited number of cash crops used

Start systematic Jatropha maintenance / pruning

Start own seed program through selection

Continue testing

Test as many crops as possible

Continuously adjust strategy as needed

Time required 12-18 months

Further roll out to the final size intended at a suitable speed Roll out speed depends on financing strategy Firm strategy with little variance should be built by now Change the plantation economics Plantation should constantly remain in a profitable state Soil improvement program combined with permanent test efforts by now allows for higher value crops in the early developed fields 12/13/09

Further roll out to the final size intended at a suitable speed

Roll out speed depends on financing strategy

Firm strategy with little variance should be built by now

Change the plantation economics

Plantation should constantly remain in a profitable state

Soil improvement program combined with permanent test efforts by now allows for higher value crops in the early developed fields

12/13/09 After extensively testing many different planting patterns a double hedge row system was chosen Best use of available space Enables efficient mechanization for cash crops Enables mechanical JCL harvesting Approx 1900 JCL plants per ha 3.0 m 3.0 m 3.0 m 3.0 m 1.5 m 1.5 m 1.5 m 1.5 m 10.0 m 10.0 m 10.0 m Space for cash crops, i.e. maize, sunflower, sorghum, soy, beans, groundnut Space for cash crops, i.e. maize, sunflower, sorghum, soy, beans, groundnut Space for cash crops, i.e. maize, sunflower, sorghum, soy, beans, groundnut

After extensively testing many different planting patterns a double hedge row system was chosen

Best use of available space

Enables efficient mechanization for cash crops

Enables mechanical JCL harvesting

12/13/09 October 2009, 8 weeks after planting

It is difficult to determine the optimal split of land use between JCL hedges and food crops High flexibility is built into our double hedge system Adjustments should be made based on selected crops Degree of mechanization and equipment used We look for a planting pattern that is adjustable later on Food crop area should be measured in a way that additional JCL hedges can be added later on Example: 10m wide area can be split later by another double hedge in two 3,5m wide areas 12/13/09

It is difficult to determine the optimal split of land use between JCL hedges and food crops

High flexibility is built into our double hedge system

Adjustments should be made based on selected crops

Degree of mechanization and equipment used

We look for a planting pattern that is adjustable later on

Food crop area should be measured in a way that additional JCL hedges can be added later on

Example: 10m wide area can be split later by another double hedge in two 3,5m wide areas

Maize is our baseline crop Locally available market infrastructure with transparent prices Crop rotation is a necessity Rotation crops will be determined year by year based on situation Possible rotation cash crop examples: Sunflower, Sorghum, Soya Castor as a high value oil plant Many higher value crops: Water melon, egg plant, tomato, hot and sweet pepper, onions, groundnut, okro Crop selection based on market security and price levels Detailed feasibility study before large scale planting Logistical advantage Focused on local food markets (Vegetables for Accra & Tema markets) Replace imports on cash crops Irrigation program for best suited fields Minimum additional 100ha per year Up to 4 high value planting seasons feasible per year Off season harvesting with exceptionally high market prices 12/13/09

Maize is our baseline crop

Locally available market infrastructure with transparent prices

Crop rotation is a necessity

Rotation crops will be determined year by year based on situation

Possible rotation cash crop examples: Sunflower, Sorghum, Soya

Castor as a high value oil plant

Many higher value crops:

Water melon, egg plant, tomato, hot and sweet pepper, onions, groundnut, okro

Crop selection based on market security and price levels

Detailed feasibility study before large scale planting

Logistical advantage

Focused on local food markets (Vegetables for Accra & Tema markets)

Replace imports on cash crops

Irrigation program for best suited fields

Minimum additional 100ha per year

Up to 4 high value planting seasons feasible per year

Off season harvesting with exceptionally high market prices

African origin where ever possible Domesticated African if necessary Open pollinated seeds have preference over hybrids Strictly no genetically manipulated material BPL actively supports African seed development initiatives BPL promotes an open seed exchange mechanisms for African farmers Out growers/smallholders will always be given a choice of open pollinated seeds 12/13/09

African origin where ever possible

Domesticated African if necessary

Open pollinated seeds have preference over hybrids

Strictly no genetically manipulated material

BPL actively supports African seed development initiatives

BPL promotes an open seed exchange mechanisms for African farmers

Out growers/smallholders will always be given a choice of open pollinated seeds

No proven superior planting material identified yet Experiments with seeds from different regions/sources including low toxin materials show no obvious superior material Agronomic practices and soil quality are key success factors Difficult choice between seedlings, cuttings, direct seeding Cuttings currently have the strongest arguments on their side Fastest growth Best selection possibilities Near 100% success rate Best pest resistance By far the most economic planting method Special test currently under way: direct seeding with pre-germinated seeds Maintenance Keep weeding to the essential minimum Perfect pruning technique is essential for yield management and mechanical harvesting JCL specific mechanization essential for stand alone profitability Soil preparation and improvements Initial one-time deep plowing Addition of biochar and microorganisms Water management In high humidity climates rain is not essential for good growth Measures to capture condensation are easy and advisable 12/13/09 Simple way to capture early morning humidity

No proven superior planting material identified yet

Experiments with seeds from different regions/sources including low toxin materials show no obvious superior material

Agronomic practices and soil quality are key success factors

Difficult choice between seedlings, cuttings, direct seeding

Cuttings currently have the strongest arguments on their side

Fastest growth

Best selection possibilities

Near 100% success rate

Best pest resistance

By far the most economic planting method

Special test currently under way: direct seeding with pre-germinated seeds

Maintenance

Keep weeding to the essential minimum

Perfect pruning technique is essential for yield management and mechanical harvesting

JCL specific mechanization essential for stand alone profitability

Soil preparation and improvements

Initial one-time deep plowing

Addition of biochar and microorganisms

Water management

In high humidity climates rain is not essential for good growth

Measures to capture condensation are easy and advisable

12/13/09

Tropical savannah soils are extremely low on nutrients and organic matter Unsustainable African agriculture practices are further degrading the soils through common slash and burn methods and migrant farmers Resulting erosion adds to the problem Burning sun quickly consumes organic matter Wind and rain wash out the nutrients Effective soil management requirements Increased shade with stronger vegetation Stop erosion from wind and rain Improved storage capacity for water and nutrients in the soil 12/13/09

Tropical savannah soils are extremely low on nutrients and organic matter

Unsustainable African agriculture practices are further degrading the soils through common slash and burn methods and migrant farmers

Resulting erosion adds to the problem

Burning sun quickly consumes organic matter

Wind and rain wash out the nutrients

Effective soil management requirements

Increased shade with stronger vegetation

Stop erosion from wind and rain

Improved storage capacity for water and nutrients in the soil

Concept is based on continuous improvement cycles Jatropha hedges Roots extract nutrients from lower levels of the soil Increase humidity storage in root system and through more shade Add organic matter and nutrients to top soil due to very fast growth Reduce erosion by wind and heavy rains Fast growing cash crops Add organic matter to the soil (i.e. corn stover) Nutrients build up through fertilizer application Reduced new weed build up saves water and nutrients Application of natural fertilizers Animal manure Human sewage (under investigation) Returning Jatropha press cake to the field Adds high value nutrients and organic matter Biochar program in combination with microorganism build up Builds up long term fertile soil (terra preta) for high value crops 12/13/09

Concept is based on continuous improvement cycles

Jatropha hedges

Roots extract nutrients from lower levels of the soil

Increase humidity storage in root system and through more shade

Add organic matter and nutrients to top soil due to very fast growth

Reduce erosion by wind and heavy rains

Fast growing cash crops

Add organic matter to the soil (i.e. corn stover)

Nutrients build up through fertilizer application

Reduced new weed build up saves water and nutrients

Application of natural fertilizers

Animal manure

Human sewage (under investigation)

Returning Jatropha press cake to the field

Adds high value nutrients and organic matter

Biochar program in combination with microorganism build up

Builds up long term fertile soil (terra preta) for high value crops

It is essential to get sustainable on nutrient application ASAP Initially it is unavoidable to use standard NPK for the cash crops Some positive side effect of surplus nutrients for the Jatropha hedges will occure As soon as Jatropha press cake becomes available it will replace NPK Jatropha press cake has a nutritional value similar to that of chicken manure Research data suggests that maize reacts better to Jatropha press cake than to NPK Long term JCL press cake may also get useable as animal feed after detoxification Through a biochar/mycorrhizae program a completely new fertilization method will be designed Balanced crop rotation and cover crops will be utilized to reduce external fertilizer application needs and cost 12/13/09

It is essential to get sustainable on nutrient application ASAP

Initially it is unavoidable to use standard NPK for the cash crops

Some positive side effect of surplus nutrients for the Jatropha hedges will occure

As soon as Jatropha press cake becomes available it will replace NPK

Jatropha press cake has a nutritional value similar to that of chicken manure

Research data suggests that maize reacts better to Jatropha press cake than to NPK

Long term JCL press cake may also get useable as animal feed after detoxification

Through a biochar/mycorrhizae program a completely new fertilization method will be designed

Balanced crop rotation and cover crops will be utilized to reduce external fertilizer application needs and cost

Utilization of the high humidity (80 – 85% near year round) Capturing the morning condensation is sufficient for growth all the way through the dry season Shade from JCL bushes reduces evaporation from condensation water on the ground and the leaves Flood control measures Drainage channels Surface shaping Control of water logging Planting pattern Irrigation systems to be built for the best suited fields 12/13/09 Seedlings in a furrow covered by cashew leaves thriving during the hottest period of the dry season

Utilization of the high humidity (80 – 85% near year round)

Capturing the morning condensation is sufficient for growth all the way through the dry season

Shade from JCL bushes reduces evaporation from condensation water on the ground and the leaves

Flood control measures

Drainage channels

Surface shaping

Control of water logging

Planting pattern

Irrigation systems to be built for the best suited fields

The BIONIC GROUP’s microfuel technology Products: 2 nd generation drop-in diesel fuel from biomass feedstock Biochar for soil improvement and carbon sequestration Proven process which utilizes microwave and zeolite catalysts Other biochar producing technologies Many low cost alternatives available with higher biochar output but usually no fuel Biochar plus microorganisms create a new kind of top soil Possible side products Char from the microfuel process is a high quality thought after product with very special properties ideal for replacing fossil carbon in many uses Activated carbon for filter technologies Replacing fossil coal in steel production with very high carbon credit potential Carbon for tire manufacturers Solid fuel for electricity generation with carbon credit potential 12/13/09

The BIONIC GROUP’s microfuel technology

Products:

2 nd generation drop-in diesel fuel from biomass feedstock

Biochar for soil improvement and carbon sequestration

Proven process which utilizes microwave and zeolite catalysts

Other biochar producing technologies

Many low cost alternatives available with higher biochar output but usually no fuel

Biochar plus microorganisms create a new kind of top soil

Possible side products

Char from the microfuel process is a high quality thought after product with very special properties ideal for replacing fossil carbon in many uses

Activated carbon for filter technologies

Replacing fossil coal in steel production with very high carbon credit potential

Carbon for tire manufacturers

Solid fuel for electricity generation with carbon credit potential

Honey business Excellent business in its own right Positive side effects for Jatropha pollination Additional possibility to generate jobs for community Solid fuel & Charcoal Wood waste from clearing Wood waste from pruning Jatropha Carbon credits Copenhagen conference Dec 2009 Carbon credits for biochar will most likely be possible after 2012 Green energy & Biochar Biofuel, optionally Biogas Electricity from Biofuel or Biogas 12/13/09

Honey business

Excellent business in its own right

Positive side effects for Jatropha pollination

Additional possibility to generate jobs for community

Solid fuel & Charcoal

Wood waste from clearing

Wood waste from pruning Jatropha

Carbon credits

Copenhagen conference Dec 2009

Carbon credits for biochar will most likely be possible after 2012

Green energy & Biochar

Biofuel, optionally Biogas

Electricity from Biofuel or Biogas

Food to market Jatropha seeds to oil press Waste Biomass Diesel fuel for farm equipment and sale Press cake back to fields as fertilizer Jatropha Oil to markets Field preparation Planted Field Waste wood from clearing Solid fuel (wood pellets) to market Charcoal to market Soap production (local) SVO for generators (local) SVO as transport fuel (local) Biodiesel production (local& global) Biojetfuel production (global) Biorefinery feedstock (global) microfuel plant Biochar to fields for soil improvement and carbon credits

Soap production (local)

SVO for generators (local)

SVO as transport fuel (local)

Biodiesel production (local& global)

Biojetfuel production (global)

Biorefinery feedstock (global)

Some indicative numbers on per ha revenues generated within the model ( Based on a mature, stable state which should be reached after max. 5 years) 12/13/09 Waste biomass from field preparation (brush branches and roots) Solid fuel for industrial boilers Charcoal Cash crop sales (maize)  Multiples of this amount are possible with higher value crops like vegetables JCL oil sales Honey sales JCL press cake cost reduction of fertilizers by Waste biomass from field maintenance free supply in return for free biochar Biofuel  cost reduction for fuel used at farm Biochar products (briquettes, etc.)  to be determined Carbon credits from biochar sequestration  assuming 2 MT per ha/year US$ 100 (one-time) US$ 800 US$ 1500 US$ 80 US$ 50 None ??? US$ 150

Some indicative numbers on per ha revenues generated within the model ( Based on a mature, stable state which should be reached after max. 5 years)

Waste biomass from field preparation (brush branches and roots)

Solid fuel for industrial boilers

Charcoal

Cash crop sales (maize)

 Multiples of this amount are possible with higher value crops like vegetables

JCL oil sales

Honey sales

JCL press cake cost reduction of fertilizers by

Waste biomass from field maintenance free supply in return for free biochar

Biofuel  cost reduction for fuel used at farm

Biochar products (briquettes, etc.)  to be determined

Carbon credits from biochar sequestration  assuming 2 MT per ha/year

Economical Sustainability Recovery of capital needed for land preparation will be reduced to 1.5 years Improved early revenue generation Reduction of preparation cost It is our objective to break even on food crop revenues alone Environmental Zero waste approach No external fertilizers (as soon as internal supply cycles work) No external energy Carbon negative footprint through biochar sequestration Social Fair, safe jobs for farming community Outgrower/Small holder program Agronomic assistance services Supply of planting material Elimination of marketing risk Integrated microfinance opportunities 12/13/09

Economical Sustainability

Recovery of capital needed for land preparation will be reduced to 1.5 years

Improved early revenue generation

Reduction of preparation cost

It is our objective to break even on food crop revenues alone

Environmental

Zero waste approach

No external fertilizers (as soon as internal supply cycles work)

No external energy

Carbon negative footprint through biochar sequestration

Social

Fair, safe jobs for farming community

Outgrower/Small holder program

Agronomic assistance services

Supply of planting material

Elimination of marketing risk

Integrated microfinance opportunities

Initial test programs completed at a growth point of 150 ha Fund raising for 5000 ha expansion far advanced Currently maintaining & commercializing the 150 ha test farm Testing the roll out procedures going from 150 ha  200 ha Developing bee farming (with a partner) Preparation for professional kiln based charcoal production (with a partner) Completing the acquisition of additional 2500 ha farm land 12/13/09

Initial test programs completed at a growth point of 150 ha

Fund raising for 5000 ha expansion far advanced

Currently maintaining & commercializing the 150 ha test farm

Testing the roll out procedures going from 150 ha  200 ha

Developing bee farming (with a partner)

Preparation for professional kiln based charcoal production (with a partner)

Completing the acquisition of additional 2500 ha farm land

Rolling out min 100 ha per month year round (from 2010) Kick off with completion of 1 st financing round Start processing Jatropha oil (2010) Initial order for 500 MT of CJO under negotiation Press cake will start to come back to fertilize maize Build up modern machine park (2010 through 2012) Cost reductions mainly on harvesting cash crops Start microfuel project for waste biomass processing (2011/2012) BTL fuel for farm equipment Biochar starts coming to the fields in quantities DESIGN > TEST > BUILD > INTEGRATE > IMPROVE 12/13/09

Rolling out min 100 ha per month year round (from 2010)

Kick off with completion of 1 st financing round

Start processing Jatropha oil (2010)

Initial order for 500 MT of CJO under negotiation

Press cake will start to come back to fertilize maize

Build up modern machine park (2010 through 2012)

Cost reductions mainly on harvesting cash crops

Start microfuel project for waste biomass processing (2011/2012)

BTL fuel for farm equipment

Biochar starts coming to the fields in quantities

DESIGN > TEST > BUILD > INTEGRATE > IMPROVE

We usually have interesting opportunities available for investors We offer consulting and management services in all areas of our expertise BIONIC PALM LIMITED Accra, Ghana, PO Box GP14916 [email_address] www.bionic-palm.com +233 245310298 12/13/09 Lake Volta, Ghana

We usually have interesting opportunities available for investors

We offer consulting and management services in all areas of our expertise

BIONIC PALM LIMITED

Accra, Ghana, PO Box GP14916

[email_address]

www.bionic-palm.com

+233 245310298