dear kpo management, page-29

There are no questions about the technology, it is just managements ability to deliver now. The share price will remain low until they start to deliver.

Kalina Cycle® - Power Plant Performance

• Since installation of the Kalina Cycle® Power Plant at the Kashima Steel Works in September 1999, the power plant has operated on a trouble-free basis with a capacity factor above 96%.
• Performance tests conducted by the Japanese Ministry of International Trade & Industry (MITI) confirm that the performance of the Kalina Cycle® Power Plant exceeds both the design specifications and the expectations of Sumitomo Metals.
• The achieved electrical power output of the power plant corresponds to that calculated from the energy-mass balances of the Kalina Cycle®.
• Legal requirements require turbines to be inspected every 4 years