ee aspen ace europe CERTIFICATE OF LIABILITY INSURANCE 41) Name and address of whom this certificate Is Issued for: TO WHOM IT MAY CONCERN 2) Name and address of the Polley Holder: NUPIGECO S.p.A. ia Stefano ferrario ZI. Sud-Ovest ~ 21052 Busto Arsizio - Varese 4) We ACE EUROPEAN GROUP LTD hereby certify to have in force the insurance policy described herebelow ‘and to be the Insurer in connection withthe coverages, as hereinafter specified, provided by said policy. 5) Policy description: 2) Policy number: 0101103040 b) Coverages and limits: > General Liability: ‘up to € 4.000.000 per occurence; > BL: Up to € 4.000.000 per occurrence, with the limit of € 1,550,000 each injured person > Products Liability: © Forall products, excluding “industrial Division” produets: ‘Up to € 3.000.000 per occurrence and per annual aggregate; for several losses ‘occurred in the same annual period of insurance, including contractual labilty and: > sudden & accidental pollution wth the limit of € 750.000 per occurrence and per ‘annual aggregate. (© Limited to the “Industral Division” products, up to € 11,000,000 per occurrence and per ‘annual aggregate; for several losses occurred in the seme annul period of insurance. (© Product labilty annual aggregate limit: € 1.000.000 }Inception: Midnight: December 31st 2008 Expiry: Midnight: December 31st 2008 ¢)Poliey territory: G.LIE.L: Worldwide Products Liability: Worldwide; U.S.A. e Canada in connection ‘wth products manufactured in Italy Operations: ‘Manufacturing of piping, mutiplayer pipes, pipe-fting, fing for transport of quid and gaseous fuds, also in pressure, and in particular: liquid and gaseous fuels and chemical substances, Including sale of plastic material e)This Certificate of Insurance, is not an insurance policy and does not amend, extend or alter the coverage afforded by the above captioned Policy. Notwithstanding any requirement, term or condition of any contract or other document with respect to \ihich this certificate of insurance may be issued or pertain, the insurance coverages afforded by the Policy mentioned at tem 5) are subject to all terms, conditions and exclusions of such policy. European Group Lid a Generale per ltalia Milan, 22 January 2009 ? om