TransCentury

1 INVESTING IN AFRICAT ransCentury Corporate Profile 111 Executive Summary Operating Divisions Infrastructure Projects Working with the Community Skill and job development Management Trans-Century Limited ( TCL ) is a Kenya headquartered infrastructure company with operations across East, Central & Southern Africa 2015 revenues of USD 120 million 2015 total assets of USD 213 million Uniqueness of TCL: Founded by entrepreneurial Kenyan business people and investors Focus on Power, Engineering and Infrastructure Projects Operating companies led by dynamic managementwith extensive experience & in-depth exceptional capabilities TCL investment view: African markets display under-penetration & inefficiency, particularly infrastructure Poor service delivered expensively to too few people Opportunity to build scale businesses that target existing market inefficiencies Focus on strong cash generation and capital gainsEntrepreneurialInfrastructure focusAbility to executeExecutive summary2 Power infrastructureEngineeringTransCentury s Infrastructure FocusTransCentury Infrastructure Projects Electrification Play: Retail outlets, large and small electrical contractors, large projects and utilities in the region Energy and Transportation /logistics play.

2 Critical Energy and transport infrastructure to support key pillars of the domestic and export economy Oil & Gas Services Play: Specialised engineering, logistics and EPC contracting for the Oil & Gas, Power and Mining sectorStrategic Focus manufacture aluminium & copper cable Tanelec TZ transformers, switchgear etc. Tanelec Zambia Mining Services Kewberg -specialty cables manufacturer CDC manufacture copper cables Leading manufacturer and supplier of cables and transformers for electrification projects Part of a consortium awarded a 35 MWGeothermal Power GenerationPlant in Menengai in Kenya. Power Purchase Agreement (PPA) already initialled Preferred bidder for Lot 1 & 4 in the Annuity Road programme in Kenya.

3 Strong pipeline of other similar infrastructure concessions across East Africa in Energy and Transportation Infrastructure in particular Civicon Civil, mechanical engineering, cranage & erection and logistics AEA Weigh Bridges, generators , bearings, sub-stations Already serving Tullow Oil and TOTALin Kenya and Uganda respectively who are the two largest Oil & Gas exploration players in the RegionBusiness activities 444 Overview Operating Divisions Infrastructure Projects Working with the Community Skill and job development Management5 Power divisionPower division overview6 Leading East Africa electrical components manufacturerDescription Through the power division, TCL is a leading manufacturer of electrical cables, conductors and electrical equipment.

4 The division operates through 8 factories across East, Central and Southern Africa. Consolidation of the power division operations ongoing so as to unlock the businesses inherent value Leading power cable manufacturer with 5 plants in East and Central Africa, through EAC and CDC. Predominant manufacturer of transmission equipment in East and Central Africa, through Tanelec Leading manufacturer of specialised cables in East, Central Africa and Southern Africa, through Kewberg Leading manufacturer of low and medium voltage switch gear through gearGeneratorsContracting Projects Overhead Conductors Power & Control Specialty & Design Building Wire Data & Communication Instrumentation & Control Cables Mining Cables Distribution transformers Power transformers Transformer Servicing Low voltage Switchgear Medium voltage Switchgear Automation & Control Products SDMO Generators Power Source Yor Power Generators Distribution & Transmission Lines SubstationsProducts.

5 Geographical presence in Power7 LibyaTunisiaAlgeriaMoroccoGuinea BissauMauritaniaEgyptChadNigerEritreaCen tral African RepublicNigeriaMaliSenegalLiberiaTogoCam eroonEthiopiaSomaliaDjiboutiGambiaSierra LeoneGuineaIvory CoastBeninDemocratic Republic of CongoUgandaGabonKenyaBurkinaGhanaEquator ial GuineaCongoRwandaTanzaniaMozambiqueAngol aZambiaBurundiMalawiBotswanaZimbabweNami biaSouth AfricaLesothoSwazilandMadagascarSudanOpe rating CompaniesSales offices/agentsJHB, South Africa Speciality cables instrumentation, mining and control cablesKITWE, Zambia Turnkey electrical projects Electrical Engineering/ products Industrial ProductsKINSHASA, DRC Copper house wires Copper armoured cablesNBO, Kenya Copper house wires Copper armoured cables Aluminium conductors Data CablesArusha, Tanzania Transformers SwitchgearDAR, Tanzania Copper house wires Copper armoured cables Aluminium conductors Enamel winding wireManufacturing plantsCountries covered by:Despite recent growth, the Power Sector remains highly underserved 8 Fundamentals: Strong growthMarket potential: Still underservedElectrification rate: % of populationSource: World Energy Outlook , Kengen , Business DailyCurrent Installed capacity (MW)Source.

6 ERA, VRA, TANESCO, US Energy Information AdministrationCement consumption and electrificationMetric tonnes (millions )2008-2015 CAGR: 19%2008-2015 CAGR: 15%Source: KPLC and KNBSH istorical & Projected Power generation capacityInstalled Capacity MW2008-2016 CAGR: : 12%Source: KPLC, ERC100%86%72%30%19%60%USAS outh AfricaGhanaTanzaniaUgandaKenya1,3101,361 1,4711,5891,6911,7651,8852,2992,3415,000 15,0262008200920102011201220132014201520 16201720301,110,00045,3893,077 1,500 850 2,341 USAS outh AfricaGhanaTanzaniaUgandaKenya - customers (millions)Cement Consumption in KenyaKPLC Number of Custromers9 TanzaniaKenya Power Generation Capacity planned to increase to 5,246 MW by 2016 Geothermal 1,646 MW Natural Gas 1,050 MW Wind 630 MW Coal 1,920 MW Additional 4,800km of Transmission lines by 2016 Additional 72,824km of Distribution lines by 2020 Addional capacity of 9,088 MVA of substations by 2020 Source.

7 National Energy Policy, Energy day Prospectus Key 2016 Targets Power Generation Capacity planned to increase to 3,000 MW Gas 1,600 MW Wind 50 MW HFO63 MW Additional Transmission lines planned amounting to 2,977 km Discovery of significant gas finds in Mtwara and Songo Songo with initial production alreeady in progress RwandaUganda Power Generation Capacity planned to increase by 3,000 MW by 2020 Hydro 1,500MW Geothermal1,500 MW Additional 2,904 kms of Transmission and Distribution lines planned Privatisation of Power Sector including distribution infrastructure (Umeme) Power Generation Capacity increased to 595 MW by 2020 in addition to improved power grid Hydro 200MW Geothermal 160 MW Methane 100 MW Peat 115 MW HFO 20 MW Add 555 kms of transmission lines Additional 1,400kms of distribution lines Additional 1,200 MVA of substation capacityPower outlook in Eastern Africa Source: National Energy Policy, Energy day Prospectus.

8 AFDB TanzaniaKenyaRwandaAnnual Electricity ConnectionsMar 2013: 292,337 June 2016: 1,253,196328%Total Number of Households ConnectedMar 2013: 2,261,064 June 2016: 4,890,373116%National Connectivity Access RateMar 2013: 27%June 2016: 60%122%Power distribution lines2013: 49,818kms2016: 61,536kmsAdditional 11,718kmsof Medium Voltage help realize expanded network and improved quality if supplyLast Mile Connectivity Committed to implement the project. This will help attain 70%electricity access rate by 2017 and universal access by 2020*Source: Kenya Power Data, SN, 24th July 2016 Power outlook in Kenya11 Turnkey ProjectsPower CablesAluminum Conductors Distribution Transformers Electricity connections in rural AreasSource: KPLCK enya Power ConnectionsSupporting Regional Rural Electrification Authoritiesin building out of - Accounts (millions)YearKenya Electricity ConnectivitySupporting Major Infrastructure ProjectsProject Details Country: South Africa Customer: Eskom Capacity: 4,800 MW Plant type: coal power plant Current status.

9 Ongoing, expected completion in 5 yearsKusile Power Plant Construction, 4800 MWTCL Power cables used for the project Supply of instrumentation cables for the power station Orders to be placed over 4 years, to be manufactured locally in South Africa Just-in-time supply of mission-critical cables through local manufacture12 SolutionTimingDeliveryTCL Power s Participation13 Project Details Country: Kenya Customer: Kenya Airport Authority (KAA) Project type: Terminal Construction Construction of Terminal 4 East African cables used for the project Construction of the new JKIA terminal 4 Ongoing Just-in-time supply of cables, lighten working capital requirements for customer East African Cables ParticipationSolutionTimingDeliverySuppo rting construction of Terminal 4 Kenya Airport AuthorityBusiness overview: The premier aluminium & copper cable manufacturer, with a footprint that spreads across East and Central Africa.

10 Established in 1966 The company has 3 manufacturing facilities; 2 in Nairobi, 1 in Dar-es-Salaam Tanzania With a distribution network in Uganda, Rwanda, Burundi, Southern Sudan and Ethiopia. EAC manufactures low voltage electrical cables for applications in domestic and industrial lighting, as well as transmission and distribution of electricity. The main factory based in Nairobi, Kenya underwent a major refurbishment in 2014/15 that saw the installation of new equipment and expansion of factory, refurbishment allowed for the tripling of production capacity in this subsidiaries East African CablesPower CablesHouse wiring CablesOverhead Conductors15 Key Activities EAC manufactures low voltage electrical cables including: Copper electrical cables and conductors for domestic as well as industrial applications -PVC and XLPE based products.