Ann: Presentation to CLSA Investors' Forum , page-2

re: Ann: Presentation to CLSA Investors' ... While I don't want to sound ungrateful for a 105 slide presentation with photos and everything.

This presentation was made a week after a 15% slamming in the share price following the release of the financials.

Where is the discussion of revenues, margins, debt, cash, expected capex, return on expected capex?

Where is the discussion on the interrelatedness of the gas outtake, the power plant, and future LNG?

Where is the discussion of how all this slots together in terms of accounting for the psc howmuch of the indo take is a cost? What is the effect of this arrangement on ebitda? How much of the indo take iis tax? How does this affect the pass through to electricity?

Where is the explanation of the debt and associated restricted cash? What is the target debt structure look like when everything is up and running? What is resourse and non resourse? What is the $184m earmarked for? Abbot point? Sengkang? Png?

What does the likely LNG contract look like? Priced on long term fixed price or against the jcc?

The information is all out there- but they should be ramming home the mEssage so even the laziest analyst understands the value proposition of investing in this company?

The pictures are great - we now have some comfort the promises made over the past 5 years are not wholly bs, we now need EWC to lay out on the table why this company is a good investment.

If Stewart and Brian are reading, a proper ir person is needed ASAP.