Business Update

Eminent's growth plan over the coming years will include the following:

Continue to build & diversify sources of crude oil to include, in particular, CIS, Africa, Middle East & South America
Further expand & diversify activities in distillates by adding to its marketing & distribution capabilities
Expanding the trading portfolio to include gasoline, fuel oil, coal and other energy related commodities
Adding further storage capacity in locations key to supplying Eminent’s principal markets
Selectively adding investments in tangible assets which complement and enhance Eminent’s physical
trading in energy markets

Alpine Energy Trading Ltd 35 Grosvenor Street London W1K 4QX Reg No: 07049071 Telephone: +44(0)20 7186 0230 Fax: +44(0)20 7491 0430