Ann: Appendix 4C - quarterly , page-4

Lodiac wait till mid february or end march as per below for final determinations of subsidy to custromers... plus subsidy till 2017 of 250 mill....it will also be good to know how many new applications have been received..

While the precise subsidy amount will be determined by the relevant Government department, and may vary
between customers, the Company believes its products are likely to be eligible for an initial subsidy of
approximately EUR 10,000 per unit. The first applications by customers have been lodged with the
department and it is expected that the first determinations will be made by mid February.
The subsidy program is due to run until the end of 2017. It is part of a North-Rhine Westphalia Government
funding program of up to EUR 250 million to support CHP deployment. The subsidy is in addition to the
Federal Government feed-in tariff for mCHP products. We believe that these benefits will bring the net price
of a BlueGen unit to a level at which high energy, commercial users can achieve an attractive commercial
return and, as such, we expect this subsidy programme to be popular and to be a significant driver of sales.