1. Commercializing Miscanthus as a Feedstock www.REPREVERenewables.com www.FreedomGiantMiscanthus.com Aug 13, 2010 MSU Biofuels Conference

3. Giant Miscanthus 101

6. Miscanthus is not switchgrass.

12. At Planting Time, Marginal Soil Example Bulk Density Bale ~ 10 lbs/cubic ft. Briquette ~ 35 lbs/cubic ft. Pellet ~ 45 lbs/cubic ft.

13. 1st Year Plot, August & October

14. Same plot, 2nd year July, 2010 Aug, 2010

15. 6th Year Plot. Growing at MSU. No fertilizer.

18. Rhizomes

19. Freedom Material Characteristics Moisture Content At Harvest ~ 12% BTU Values: As Harvested ~ 7,250/lb Dry Basis ~ 8,200/lb Wood as harvested: ~ 4,600/lb Ash Content: ~ 3%

20. Yield Comparisons

23. 1 Acre of Freedom 28 tons total over first three years 20-25 tons/yr each year thereafter 288 tons after 16-years of harvest 18+ tons/year cumulative yield 12-15% Moisture Content

24. Scaling-Up: Our Growth Model

27. What is Freedom Giant Miscanthus? Utilized greenhouses and fields to accelerate propagation

28. 500 Acres of Foundation Stock Will plant up to 100,000 acres in 2011

29. Southeast Demo Plots

30. Supply Chain Logistics

34. Handling and Conveyance

35. Transportation Efficiencies

37. Field of Freedom Giant Miscanthus