Mong Duong 2 BOT Power Project

AES-VCM Mong Duong Power Company Limited (the “BOT Company”), Owner of Mong Duong 2 BOT Power Project, is a limited liability company formed by the affiliates of The AES Corporation (USA), Posco Energy (Korea) and China Investment Corporation (China).

• Net Capacity: 1120 MW with 2 units of 560 MW each

• Fuel: coal fired

• Invested capital: approximately USD 2.1 billion

• Investment type: 100% foreign investment under the Build – Operate – Transfer (BOT) scheme. The Plant will be transferred to Government of Vietnam after 25 years of operation

• Expected Commercial Operation Date: in 2015

• Contractors:

+ Installation, Erection & Commissioning: Doosan Heavy Industries Vietnam Co. Ltd.

+ Equipment Supply: Doosan Heavy Industries and Construction

+ Engineering: Doosan Power Systems India Pvt. Ltd.

• Actual peak manpower during construction: approximately 7,000

• Estimated number of employees during operation phase: approximately 200, mostly local Vietnamese