BIONIC PALM LIMITED Ghana, Sustainable Combined Oil & Food Plantations

BIONIC EXPANDS INTO AGRICULTURE Group of Companies The Bionic Fuel Group (BFG) has been successfully developing proprietary intellectual property on advanced 2nd generation synthetic fuels since 2003. Starting in 2008 BFG is expanding into agriculture via its newly founded member Bionic Palm Ltd. based in Ghana. The primary focus of the company is on the development of combined food /bio energy projects in Ghana and West Africa. The strategy will be complemented by a number of synergetic activities to accomplish the rigorous triple bottom line goals Bionic stands for. 12/2/2009, V4.5 1 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

THE STRATEGIC PATH FORWARD Phase 4 Managed Funds for Green Third Party Green 2012 BPL Plantations Finance Venture Investment Phase 3 Plantation Agri Consulting & Support 2011 Management Services Phase 2 Agriculture Logistics Agri Agriculture 2010 Processing Marketing & Trading Phase 1 Commercial Farming Test Commercial 2009 Food & Fuel Farming Aquaculture Foundation 2007-2009 Innovative Knowledge & Technology Base © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

GHANA IS AN EXCELLENT PLATFORM FOR BIONIC  Bionic Palm Limited (BPL) is registered in Ghana as a 100% subsidiary of Bionic Fuel Oil Trading Ltd, Singapore (BFOT).  BPL and BFOT are core members of the Bionic Group of Companies.  BPL is well connected in Ghana’s plant oil industry through its strong local business partners that have been successful industry stakeholders for over 20 years.  Ghana is the prime emerging economy in West Africa, politically stable with strong international ties to Europe and North America.  Ghana offers very favorable terms for foreign investment.  Ghana is currently positioning itself successfully for its intended role as “Gateway to West Africa”.  At least 80% of Ghana’s arable land is currently unused. 12/2/2009 3 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC’S KEY BUSINESS INTERESTS IN GHANA  Agriculture With a core focus on plant oil Bionic is building an environmentally and socially sustainable plantations business including owned plantation, managed plantations and outgrower programs.  Agro processing In order to secure sustainability goals and product marketability Bionic will process agricultural produce locally into readily marketable raw products like crude plant oils, animal feed and natural fertilizers.  Logistical infrastructure for agro products For domestic and export sales a strong logistical capability is essential comprising of reliable transportation means and sufficient storage and loading facilities at the port.  Aquaculture The inclusion of aquaculture in Bionic’s business strategy is a natural consequence of the agro activities due to a convincing set of synergies. Industrial fish farming with a focus on the production of Tilapia is in high demand locally and globally as a key source of protein rich food replacing depleted sources form the sea.  Alternative renewable energy Second generation Biofuels are a core business of the Bionic Group. Africa has an extremely high demand for affordable fuels and electricity. Innovative concepts for small to medium scale fuel and electricity production from biomass, solar and wind will be introduced to the local markets by Bionic. 12/2/2009 4 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC’S MOTIVATION We believe:  The ongoing food vs. energy debate in the developed world is widely misleading, potentially dangerous for developing countries and completely unnecessary  Africa needs both, food and energy from agriculture  to prosper economically,  to improve local nutrition and health,  to successfully reduce and finally eliminate poverty.  Establishing sustainable soil management methods is a key agricultural issue in Africa  Commercial agriculture businesses have to take the lead in implementing best practice sustainability standards  Current African net food imports of tens of billions USD per year can easily be converted into net exports of food and bio energy at equal levels while hunger, malnutrition and poverty are eliminated at the same time  A new concept for an African agro industry can form the basis for an unprecedented economical boom and lasting prosperity on the African continent  Strong and experienced privately owned agricultural core businesses should cooperate closely with the government to develop successful outgrower schemes that will give thousands of small, independent farmers and their families a sustainable basis to do, what they can do best: farming 12/2/2009 5 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC’S GOALS  Bionic’s business is built on standards that cannot be compromised  Environmental, social and economic sustainability  Social and cultural responsibility  Reversal of the climate change process through a carbon negative approach  Bionic always seeks to apply the best available practices  Advanced Tropical Soil Management  Maintaining a high level of biodiversity  Support of locally adapted high value crops and seeds  Achieve a carbon negative footprint through the use of Biochar  Bionic will always make responsible use of its resources  Production of food crops has priority over the production of energy crops  Jatropha to be used for erosion control, soil- and water-management  Bionic implements a strict Zero-Waste-Approach  Bionic adds value through modern agro processing  Bionic thrives to be a key driver in Ghana’s agricultural future 12/2/2009 6 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC IS ACQUIRING A PALM OIL MILL IN GHANA  BPL intends to become a major player in Ghana’s palm oil industry through the acquisition of an existing mill.  The mill is located in Ghana’s best Oil Palm region with no other active mills within 50 km.  Reopening the mill will greatly reduce current need for long distance fruit transport for many small farmers.  The region has a high availability of palm fruits. Through a number of initiatives that supply will be growing strongly over the coming 5 years.  BPL plans to develop its own plantation to complement market supplies of palm fruits and reduce risk.  Mid term objective is to source one third of fruit from company owned plantations, two thirds from local small holders. 12/2/2009 7 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC IS ACQUIRING PLANTATION LAND IN GHANA  BPL is securing up to 100.000 ha of arable land in the Coastal Savannah of Ghana, while the actual acquisition process will be kept in sync with the foreseeable mid term project demand.  This land is well suited for rapid development of BPL’s large scale combined cash crop/Jatropha plantations.  A significant portion will be riverfront land currently incorporating a peninsula of approx. 500 ha for special purposes like nurseries and future aquaculture projects.  BPL will manage its land resources responsibly to build on their great long term potential combining soil quality, climate and location.  BPL is concentrating on logistically favorable locations with good environmental properties.  BPL adds desperately needed first class agronomic practices to responsibly develop its land resources.  Bionic firmly believes, the long predicted “African Green Revolution” (Kofi Annan) has finally begun. 12/2/2009 8 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

SOIL SUITABILITY ANALYSIS A detailed soil analysis has been conducted in collaboration with the Ghana Soil Testing Institute in August 2008 12/2/2009 11 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

SOIL TYPE DESCRIPTION  N2: Very Suitable Areas for Crop and Livestock Production  S4b: The major soils constituting the above soil association are mainly gravelly with moderately shallow to moderately deep depths to parent rock. They are suitable for limited mechanized cultivation but well suited for hand cultivation, on the contours, of such food and tree crops as millet, guinea corn, beans, mangoes and shea butter.  S4c: These soil association, mainly consist of low lying, shallow, gravelly, imperfectly to poorly drained soils… They are however, associated with substantial areas of upland deep, red to brown, well to moderately well drained, non-gravelly soils which are suitable for mechanized cultivation of maize, guinea corn, soybeans, tomatoes and yams. 12/2/2009 12 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC PLANTATION LAND CLEARING Bulldozers and other heavy equipment have started working around the clock preparing the land for plantation use. Only the shrubs are cleared, while trees remain standing. 12/2/2009 14 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC PLANTATION LAND PREPARATION Branches and roots are being removed. They will find future use as solid fuel and thus replace heavy oil as fuel in modern industrial boilers. After plowing and harrowing the first field of approx. 15 ha is ready for Jatropha test planting. 12/2/2009 15 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

SUITABILITY OF THE LAND  The core plantation land is very suitable for Jatropha as the main long term crop.  Up to 60% of the land consists of typical depleted and abandoned former farm land due to unsustainable farming practices.  The remainder is grass and shrub lands not suitable for traditional farming.  Careful soil management can over time significantly increase the soils content of organic matter and nutrients as well as water storage capabilities.  Moderate dry season farming with limited irrigation will allow for up to 4 crops annually in some areas, as the water table is mostly high due to the close vicinity of the Volta River.  The high quality land on the “Bionic Peninsula” in the Volta river will be used for nurseries and serve as a test bed for new developments. The riverfront is dedicated to a future aquaculture project.  BPL has thoroughly researched and developed advanced business plans for individually structured medium scale farming projects open to international investors who want to be at the forefront of a highly profitable African agriculture industry. 12/2/2009 17 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC’S APPROACH TO JATROPHA  BIONIC is strongly promoting a combined cash crop/Jatropha approach.  Jatropha, planted in hedges at distances between 3.5 and 10.5 meters forms a backbone protection against further erosion of depleted soils.  Together with the Jatropha planting phase an extensive soil improvement program is launched utilizing latest research results like application of biochar.  Careful soil management will allow for a growing range of high value food crops to be planted in between Jatropha hedges.  With limited irrigation efforts and a well planned crop rotation 3-4 crops annually eventually become achievable.  For initial intercropping BPL will use maize and sunflower which will soon be complemented with local crops like sorghum, tomatoes, ground nut, water melon and many more.  BIONIC PALM is using Jatropha as a tool to bring sustainability into agriculture on otherwise non profitable low value soils.  BIONIC’s annual revenue target of min 1,500 USD/ha is relying on Jatropha oil sales at a share of only 1/3. 12/2/2009 18 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BUSINESS ADVANTAGES OF BIONIC’S APPROACH  Jatropha has a high market potential especially as a future raw product replacing fossil oil in innovative new fuels for the aviation industry (Biojetfuel).  Demand for Crude Jatropha Oil (CJO) will likely exceed supply significantly for many years to come.  BIONIC is actively involved in activities to use Jatropha oil as a replacement for edible oils in very interesting olio chemical applications.  Jatropha is and will remain for some time a new crop under constant investigation and development, therefore BIONIC is limiting its risk exposure with 70% food crop production.  BIONIC is taking environmental and development issues seriously. Therefore BIONIC’s strategy increases food production, avoids monoculture farming, supports biodiversity and follows a development path towards a carbon negative footprint using biochar for carbon sequestration. 12/2/2009 19 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

PRODUCT MARKETS  Food Crops  Ghana As a massive net importer of food products Ghana is a strong seller market for all types of agricultural produce. Most agricultural products are currently imported on a large scale. The country has the soil and climatic conditions to transform itself into a strong net crop exporter.  West Africa Similar to Ghana the whole West African Region (ECOWAS) is a net importer of food crops. Many countries have less favorable conditions for agriculture than Ghana.  Global Mid term export opportunities are unlimited given the continuous global rise in demand. West Africa can be extremely competitive in future global agriculture markets due to very low cost of land and production and the very high biomass growth rate in arable tropical regions.  Non edible oils  Airline Industry A new type of aviation fuel made from non edible biomass has become a major factor in the strategies for tomorrows airline industry. According to a recent statement by a Boeing official jatropha, camelina and halophytes play a key role in the near term and algae in the long term.  Oleochemicals A whole range of today's petrochemical products is ready to be replaced by new products made from plant oils. Jatropha will become an important raw material for this completely new emerging industry.  Biofuels 2nd generation biofuels can be made from Jatropha biomass, while Jatropha oil itself will probably be too valuable to be used as a simple feedstock for biofuel. 12/2/2009 20 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BPL’S KEY LOCATION ADVANTAGES  The complex land acquisition process is enabled through an outstanding partnership with Ghanaian businessmen and excellent connections with many local stakeholders.  A 50-year lease has been signed for approx. 1,750 ha.  Agreements have been reached and the survey has been started on a additional 5.000 ha. Right of entry permits can be issued when needed.  Land registrations will be finalized as soon as ongoing survey work of the land is completed.  The area targeted for BIONIC Plantations is very favorably located.  Coastal region  Above average soil quality and favorable climate conditions especially for Jatropha farming, no elephant grass  Excellent logistics (50 km from Tema as a major West African port)  Unlimited availability of water from Volta River in case irrigation is required  Large quality workforce available from a stable social background in the area 12/2/2009 21 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

FOCUSED ON BUILDING COMPLETE SUPPLY CHAINS  Historic problems In the past many initiatives in the African agricultural sector ended unsuccessful due to an interrupted supply chain. Crops were successfully planted and harvested, but no means for marketing or further processing were available. Consequently, farmers could not sell their products and stopped growing the crops.  Africa has an enormous potential for agriculture Global and local demand is high, market prices are good. According to government at most 20% of the arable land in Ghana is under cultivation. Biomass grows at least 3 times as fast in tropical regions compared to the northern hemisphere regions of Europe or America. Land can still be obtained at very low prices.  Research and Development, Farming, Processing, Logistics Over the last 5 decades Africa has lost most of the agricultural infrastructure that once was widely available. Africa turned into a net importer of agro products from a strong exporter 50 years ago. To rebuild the industry today many of the necessary functions in the industry have to be rebuild. At this point only an agro business that can cover the complete value chain from planting to the final buyer can be successful. Bionic’s approach is actively addressing that issue. 12/2/2009 22 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BPL’S ACCELERATED APPROACH TO GROWTH  Due to the enormous size of land available to BPL for plantation development a twofold strategy has been laid out:  Plantation projects owned by interested international investors but fully managed through BPL service companies  Plantation projects owned and managed by BPL (still open for external investors)  To best implement that strategy BPL will set up a number of service companies as subsidiaries some of which will include partnerships with the best experts for the individual purpose.  All service companies will be registered in Ghana:  Global Plantation Management Limited (Land acquisition and management)  Bionic Plantation Limited (Full service plantation management)  Bionic Oil Mills Limited (Product processing)  Bionic Logistics Limited (Transport and storage)  Bionic Oil Trading Limited (Local and international product trading) 12/2/2009 23 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BPL’S FULL SERVICE INVESTOR MODEL  BPL is offering excellent opportunities for prime investors in the emerging African agricultural sector  Individual investment possibilities are ranging from 2.5 Mio. USD for a 2500 acre project up to over 100 Mio. USD for 100.000 acres and more  Plantation land will be leased and registered to the project owner company for an initial period of 50 years with an optional extension  The investor will have the freedom to decide on the detailed strategy for his plantation, advised and assisted by a BPL team of experts  BPL will supply all required services to the project (end-to-end management)  Company start up  Land acquisition  Land preparation  Supply of seeds, seedlings and planting  Plantation maintenance and harvesting  BPL will process plantation produce in its own mills and processing plants in order to add value to the marketable products  Depending on the investors interests BPL will sell the products for the project company or prepare them for delivery according to the investors instructions 12/2/2009 24 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

STRATEGIC PLANTATION PLANNING  BPL has dedicated significant efforts to determining the best strategic path forward for its plantation  Governing factors are:  Short-, mid- and long term profitability  Strict observance of full sustainability  Responsible, balanced production of food and energy crops  Harmonic blending with social and cultural environments  Ongoing governance through independent outside advisor  Extensive testing activities conducted by BPL and its partners will support a low risk project approach  BPL views proper crop selection as a key long term success factor 12/2/2009 25 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

PHASE 1 TESTING HAS BEEN COMPLETED  BPL has initiated a test planting program starting in April 2008  Phase 1:  Intensive testing of various Sunflower varieties from European, South African and Ghanaian sources Sunflower test field  Jatropha test planting started in November 2008 with 150 ha planted by July 2009 Jatropha field 8 weeks after planting in dry season  Start of the initial Jatropha nursery with a size of 0,5 ha (more current pictures can always be found here: Sege-Kolluedor farm pictures) Jatropha nursery with approx 300k seedlings 12/2/2009 26 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

JATROPHA TESTS ARE EXCEPTIONALLY SUCCESSFUL  Approx. 8 ha had been planted by end of November 2008 with seedlings from another local Jatropha farm.  By May 2009 over 90% of them are flowering.  On most plants all branches are flowering, many with multiple inflorescences.  Early fruiting plants show exceptionally well developed fruit bunches promising above average yields.  Against wide spread common prognosis a first harvest will occur after only 9 months and the first significant harvest 15 months after planting.  Through an active pruning practice Bionic expects to reach full yield (40 to 45 flowering branches per plant) within 3 years.  Based on the convincing test results Bionic Palm management has decided to initiate preparations early for increasing its Jatropha fields to approx 500 ha before the end of 2009. 12/2/2009 27 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

EARLY TECHNOLOGY TESTING RESULTS  Some limited testing with charcoal as biochar application to the soil show a great potential. Plants with biochar are about 1/3 larger than surrounding plants 6 months after planting. They are also clearly ahead with flowering and fruiting.  A major test program is being planned with the support of a German university to utilize biochar produced by the microfuel process using biomass waste from Jatropha as feedstock.  Test planting of new fields with cuttings from Charcoal added to the soil older plants instead of seedlings nursed from seeds show some excellent early results.  After preliminary minor testing showed strongly developing plants after less than 4 weeks now a field test of approx. 2 ha is under way.  If this technology proves successful it will enable a much faster and simpler selection process than anticipated. Cuttings taken from well performing mother plants have a high likelihood of inheriting the high yielding property if it is related to the plants Cuttings after only 4 weeks genetics. 12/2/2009 28 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

PHASE 2 TESTING HAS BEEN INITIATED  Expansion of testing into Maize for intercropping purposes.  Test of honey farming has been initiated with the deployment of the first 20 specially designed bee hives.  Other tree oil testing planned (Moringa, Neem,..).  Scientific research on soil improvement technologies like biochar and mycorrhizae in close cooperation with Bee hives being installed at the farm Bionic Group programs in Germany.  Establishment of local information networks for knowledge exchange on commercial agriculture best practices.  Careful analysis of all test results and integration with the various business models offered.  Extensive and permanent soil testing to supply a reliable basis for future expansion of land acquisition.  Development of improved water management methods to deal with high water levels during the rainy season and irrigation in dry season. 12/2/2009 29 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

INITIAL ROLL OUT TO START IN OCTOBER 2009  Planning has almost been completed for an initial roll out of 1000 ha within 12 to 18 months relying on Jatropha and maize.  Plans are based on the experience collected during more than 12 months of careful testing.  BPL will clear, prepare and plant approx. 100 ha per month.  BPL workforce will grow to almost 500 employees.  Loan financing discussions with various institutions are far advanced and should be completed by early September 2009.  BPL is cooperating closely with a Germany based fund for its mid term equity financing (Business 50plus Fund, LIM AG, www.lim.de) 12/2/2009 30 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

MEDIUM TERM EXPANSION PLANS  BIONIC intends to facilitate exponential growth of its main products supply through its managed investor plantations model  Construction of a pilot plant for the microfuelTM Biomass to Fuel & Biochar technology developed by BFT Bionic Fuel Technology AG, Germany  Biomass waste from Jatropha (min 7 to/ha/year) as feedstock  Fully substitute fossil fuels for all plantation and processing equipment  Biochar (biomass derived black carbon) as core of the soil improvement program  Revenue and additional financing potential through carbon credits  BIONIC is planning an innovative aquaculture project integrating  A (Jatropha backed) plantation for internal production of fish feed  A Tilapia fish farm  An algae oil project (cleaning the waste water from the fish farm)  A microfuel plant for energy and fertilizer supply  Develop synergetic revenue streams  Start of a sustainable chicken farm for meat and eggs  Expansion into high quality beef 12/2/2009 31 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BPL CONTACT INFORMATION  Bionic Palm Limited PO Box 14916 Accra, Ghana  Office: Tema Light Industrial Area Community 9, Plot No. 6  Email: info@bionic-palm.com  Phone Ghana: +233 5 310298  Phone Germany: +49 172 8130163 12/2/2009 32 © 2009, Bionic Fuel Knowledge Partners Inc., Oswego, NY, USA

BIONIC PALM LIMITED Ghana, Sustainable Combined Oil & Food Plantations

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