This Presentationis prepared to our Honorable guests: M. P.R. Landge President,Projects & , Technology, M.

KarthikMenon President,Strategy & BusinessDevelopment, ,

From Deepak Fertilizer & Petrochemicals Corp., Ltd., India.

ALGERIA. OVERVIEW
1st. largest African country (2.4 Mill Sq. Km) Geo-St ategic location at the crossroadsof r Africa, Middle-East, Europe, Americas. 6th. largest reserves of Natural Gas in the World. Supplies 30% of the Europes Natural Gas imports (2nd. to Russia)

ALGERIA. K E YFACTS
Popula o ' n : 36 million GDP Growth Rate : 5% Time Zone: GMT +1

1 USD ($) / DZD ( Algeria Dinar) : 74

Labor Cost : Low

Foreign Debt : None

SPONSORSIN B R IE F:

FERPHOS

group

: (Lead Sponsor)

1st. Resou rces Group in Algeria.(non

hydrocarbons)

Member of Manadjim El Djazair, (Manal), a state-owned mining holding.

MISSION STATEMENT

V I s I o n s

M I s s I o n

V a l

u e

Performances Highest return to shareholders Bestquality deliveries Reliability

Customer centricity Em pl yees respect o Excellence Sustainability E thics

Value Creation

FERPHOS

group

. Portfolio :
R eal E state (F E R BAT)

(SOMIPHOS)

Phosphate

Iron Ore (SOMIFER )

Logistics (Sotramine)

100%

FERPHO S group

100 %

Foundry (SFO)

30 %

MiferuiNimba, Guinea
ArcelorMittal

Pouzzplane (SPMC)

Tbessa

FERPHOS

group

. K E YFIGURES 2011

11,2 bill.DZD
Turn-Over

9,8 bill. DZD

Export

2206
Employees

6 bill.DZD
Operating Result

9 bill.DZD
Added Value

88 %
Phosphate%

SPONSORS IN B R IE F:

Holding ASMIDAL : (Co-Sponsor)

The Algerian Fertilizer and Agriculture Expert. Member of Sonat ach, a state-owned Oil & r Gas group.

Holding ASMIDAL. Portfolio :

Fer$ al 34 %

Asfertr ad 100%

Holding ASMIDAL

Somi as 45%

SGS 20%

I S G A 1 7 %

ALGERIARESOURCES DEVELOPMENT. BACKGROUND

Algeria is one of the rare countries in the World Blessedwith abundant quantities of PHOSPH ATE and NATURAL GAS, which are the main in-puts to implement a successful fertilizer industry.

RESOURCES OVERVIEW .
Natural Gas

4,5 trillion m3

85,14 bill.m3

Reserves

Production

Ammonia/ Urea Industry Power Generation

30 billion m3 m3
Domestic Consumption

56 billion

Utilization

Export

RESOURCES OVERVIEW : .
CURRENTPHOSPHATE OPERATIONS & R E S E E S RV
PHOSPH ATE / R E S E E S: RV +2 Billion MT.

Mines Under Exploitation

ExistingDeposits/ Non exploited

A s se ts : BeneficiationPant (2 Mill. Mtpa) + Up Gradation project to add 2 Million mtpa capacity.

Mine of Kef Snoun

520 MMT

Mine of Djemi Djema

620 MMT

Phosphate Depositof Betita

175 MMT

Phosphate Depositof Djebel Onk Nord

110 MMT

Locationof Mines & Deposits

Bled-El-Hedba Reser es : v 0,8 billion MT

+

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0456 78 968 357:5

A%# %K*(*')*/# A%# %K*(*')*/#

0456 F$6>7?4@G 78 AH6EI %HI26EJ= B M67H7O4P=H 3:DQ6RS A&M0 FKD=5P6GS TUUVIUWB M67H7O4P=H 3:DQ6RS /&M0 B F'HO6D46GS TUX YB B &6?6DQ6? 3:DQ6RS ">I(7<45OS B -H:D4I'55:=H %Z>H74@=@475 -H=5S ">I(7<45OS B A=5C=JH6 K6=?4J4H4@R 3@:ERB B

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*#)%&#')*/#'. 0'&9%) F %,-/&)G

$/0%3)*( 0'&9%) F%,(."3*+% K%%$3)/ (9G L '.M%&*' *#)%M&')%$ -2/3-2')% K %&)*.*N%&

RESOURCES OVERVIEW : .
UNDER PRO JEC T :

&

MINE (DEPOSIT)OF BLED-EL-HEDBA

R E S E E S : 800 MILLION MT. RV DESTINATION : W ILL BE EXC LU SIVE LY DEDICATED TO THE FERTILIZER PRO JECT

ALGERIA INTEGR ATED PHOSPH ATE F ERTILIZER PROJECT

P

From Mine to Farm : A Global Value Chain

SimplifiedValue Chain

THE PHOSPH ATE ROCK MINE & BENEFICI TION COMPLEX A

PR O JEC T HIGHLIGHTS :
Scope:

PhosphateMine Opening / Exploitation : PhosphateRock beneficiation Plant : 6 Million mtpa. Utilities. Social Infrastructure
Location: Bled-El-Hedba, Bir-El-Ater (Tbessa )

(EasternBorders Line)
Productdestination:

Fertilizer Plant Exclusive Feedstock.

PRELIMI ARY REQUIREMENTS N :

Utilization of the ExistingGeologicalSurvey Studies done by ORGM 87 & BRGM 92;

Pluri-AnnualExploitation Plan to be accomplished ;

eser es ConfirmationSurvey, On-Progress R v ;

Preliminary Studies BankableFeasibilityStudies (BFS), : k EnvironmentImpact Assessment, etc

THE PHOSPH ATE FERTILIZERCOMPLEX

Location: Oued Kbrit,Souk-Ah (EasternBordersLine) ; ras
FERTIL ZER COMPL EX
Port of Annaba
Phos.R Compl ex

Scope: o Di-AmmoniumPhosphate (Final Product:9000 )

mtpd

o Phosphoric Acid (IntermediateProduct) o SulphuricAcid (IntermediateProduct)

o Ammonia(IntermediateProduct)

Overall MasterPlan
Phas e O ne MTPD SulphAci PhosAci Ammoni d 4500 d 1500 a * * * 4500 4500 1500 1500 Phas e Tw o 1500 1500 2200

Timeli ne Stage I Stage II Stage III

DAP

TSP

900 0
3000 3000

Stage I Stage II

* *

4500 4500

By-Products: Power & Phospho-Gypsum

!"#$ % &'# ( *+,-*+ $ $ '#

.$&#!/!0$& *&,1$2# (! %&'3 4 -!3*/! !$( ' .

*+,-*+'#$ 2,3*/$5 ,. 6/$(7$/7+$ (6' "#$%&'$()* )+ ,-).,-&$" )%" /"*"+('(&$()* )+ ,-).%)'0

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1&$"%
8 9 A <

(789:;<= .>?8@>:

229BC ? 5C:D< ;

2"E89: ; 5C:D< ;

K E YREQUIREMENTS
R

GreenfieldProject = Significant In-puts & Infrastructure IN-PUTS : Phosphate Rock : Locally supplied (Integrated project) Sulphur Imported : Water: Provided from the adjacent dam (distant of 7 km) Natural G as: Supplied by Sonatrach (Subsidiary is CoSponsor) Power : Supplied by Sonelgaz(Govt. Electricity Co.) & AutoGenerated by the SulphAcid Plant.

K E YREQUIREMENTS
INFRASTRUCTURE : Land: Granted in a concession form (Long-Term Lease Agreement) / Phospho-Gypsumstacking will be adjacent. Railway: Govt. launched Up-gradation & Development Plan considering the needs of the Project. (Map) Port Facilities& Deepwater port : . Up-gradation of the existing Ferphoss Port Facilities, Annaba; . Construction of new capabilities in the Port of Annaba. SocialInfrastructure/ Empl yees/ Community Employees o : village.

Railway Map

Railway Map . Details

M

PROJE CT

Strategic Partnership Fundam entals

F

EQUITY STRUCTURE Sponsors: : Partner :

51% minimum 49% maximum

(Complies with Algerian Law on Shareholding Pattern) FINANCING: Equity / Debt = 30 / 70 % Local Investment Funding STANDARD: World-Class Facilities & Best International Practices

What Makesthe ProjectA ttractive ?

?

AVAILABLELONG-LIFERESOURCES ; LOCAL FINANCE SUPPO ; RT STRONG GOVERNMENT SUPPORT ; GOVERNMENT INVESTMENTAGENCY INCENTIVES; LOW COST OF FACTORS

The RightPartner
a

WORLD-CLASS MANAGEMENT CAPTIVE MARKET& DISTRIBUTION NETWORK TECHNOLOGY& INNOVATION EMPLOYMENT & TRAINING SUSTAINABILITY SOCIAL RESPONSIBILITY

PartnershipObjectve Structure i

Growt h The Integrated Phosphate Fer$lizer Co.

R

Partne r/ Deepa k

Spons ors / FERP HOS & ASMID AL

Thank You !

FERPHO S

group | Direc'on du Partenariat | 27.03.2012