Grupo Mexicano de Desarrollo, S. A. B.Ports and Energy Business Unit

Presentation for:

June, 2009

The Mexican port system has 16 active commercial ports:

• 9 Ports on the Pacific, among them Manzanillo and Lázaro Cárdenas as main Ports.

• 7 Ports on the Gulf & Caribbean, among them Veracruz and Altamira as main Ports.

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Mexican Port System: More than 11,000 kilometers of coastline.

Altamira

Lázaro CárdenasSalina Cruz

Ensenada

Guaymas

Topolobampo

Mazatlán

Manzanillo

Puerto Madero

Puerto Vallarta

Tampico

Tuxpan

Veracruz

Coatzacoalcos

Progreso

GMD Background

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For over 60 years, Grupo Mexicano de Desarollo S.A.B. (GMD) has taken part in the infrastructure sector engineering and operating large scale transportation projects, communication systems and public services.

GMD has gone trough a dynamic transformation from its roots as a construction company to a highly competitive business group that holds a diverse portfolio of selective, long term concessions contracts.

GMD since the 70´s has been active in the Port construction as it took part on the strategic planning and construction of the two most industrial ports in Mexico: Lázaro Cardenas and Altamira. Since the Mexican Port privatization in 1995, GMD Energía y Puertos had participated on five Port tenders and has been granted with four Port Terminal concessions for its construction and operation.

GMD Port Terminals

Bids & Concessions awarded:

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Year Project Location

1995Public Bulk Mineral Terminal

Cooper T. Smith Altamira, Tamps.

1996CFE Private Coal Terminal

CarbonserLázaro Cárdenas,

Mich.

2003

Fuel Oil & Gasoline Private Terminal

PEMEX canceled this projectPuerto Madero,

Chiapas

2006Mineral Public Terminal

Terminales Portuarias del Pacífico

Lázaro Cárdenas, Mich.

GMD Marinas / Passenger Terminals

Bids & Concessions awarded:

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Year Project Location

1991 Marina Isla MujeresIsla Mujeres, Quintana Roo

1995Ferry & Tender

Passenger TerminalCancun, Quintana

Roo

1996 Marina Majahua Acapulco, Guerrero

1997Marina

San Miguel CozumelCozumel, Quintana

Roo

GMD – Operating Projects

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1990

2000

2010

2020

2030

2040

2050

Cooper T. Smith Bulk terminal – Mexican GulfGMD 50% - Cooper T. Smith 50%

Altamira, Tamaulipas

Cooper T. Smith Bulk terminal – Mexican GulfGMD 50% - Cooper T. Smith 50%

Altamira, Tamaulipas19951995 20352035

Carbonser Private Bulk Coal TerminalGMD 50% - Techint 50%

Lázaro Cárdenas, Michoacán

Carbonser Private Bulk Coal TerminalGMD 50% - Techint 50%

Lázaro Cárdenas, Michoacán19961996 20292029

TPP Bulk Terminal - Pacific Carbonser 50% - TransEnergy 50%

Lázaro Cárdenas, Michoacán

TPP Bulk Terminal - Pacific Carbonser 50% - TransEnergy 50%

Lázaro Cárdenas, Michoacán20072007 20322032 2042

Marina Isla Mujeres GMD 100%

Marina Isla Mujeres GMD 100%19911991 20112011

Can Cun TerminalGMD 1000%

Can Cun TerminalGMD 1000%19951995 20152015

Marinas & Passenger Terminals

Ports Terminals

Extendable periodTermTerm

Marina MajahuaGMD 1000%

Marina MajahuaGMD 1000%19961996 20262026

Today GMD P&E controls a solid portfolio of long term projects.

GMD – Port Terminals market share

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YTD May 2010 GMD managed 28.5 % of the mineral bulk freight which represents 8.8 % of total freight in the country’s commercial seaports.

2009 first semesterTOTAL CARGO ON COMMERCIAL PORTS (39.682 MT)

General Cargo 18.8%

GMD8.8 %

Mineral30.9%

Container25.8%

Fluids10.2%

Agriculture14.3%

CTS 2.4%

CARBONSER 6.4%

Cooper T. Smith Bulk Terminal AtlanticGMD 50% - Cooper T. Smith 50%

Cooper T. Smith Bulk Terminal AtlanticGMD 50% - Cooper T. Smith 50%19951995 20352035

Projects in Operation

Cooper T. Smith de México has received more than 1,100 vessels, handling over 25 million tons.

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• Total investment: USD $30 million• Total annual capacity: 5 million tons• Products operated: Coal, Pet Coke, Fluorite, other bulk minerals. • Annual growth rate of 21% in the last 10 years.

Projects in Operation

Carbonser Provides unloading, storage and transfer services to a 2.1 GWatt coal power station.

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Private Bulk Coal Terminal Carbonser GMD 50% - Techint 50%

Private Bulk Coal Terminal Carbonser GMD 50% - Techint 50%19961996 20292029

• Total investment: USD $300 million.• Total annual capacity: 6 million tons.• Has received more than 325 vessels mainly Cape Size.• National record-holder for unloading a bulk vessels with more than 143,000 tons of cargo.• The Terminal has had in the 10 years of operation over 99% availability.

Projects in Construction

Terminales Portuarias del Pacifico First public bulk mineral and steel products terminal in the Mexican Pacific.

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• Total investment: USD $75 million• Total annual capacity: 6 million tons• Two berth positions on 650 meters of waterfront.• Equipped with mobile cranes with different types of grab equipments.• Start of operation in 3Q 2011.

TPP Bulk Terminal PacificCarbonser 50% - TransEnergy 50%

TPP Bulk Terminal PacificCarbonser 50% - TransEnergy 50%20072007 20322032 2042

Inland Terminals Opportunities

GMD has interest to develop new business opportunities on Inland Intermodal Terminals.

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• GMD and local State Governments has spotted strategic location for medium range Terminals that will support industrial activity in the region.• Project planning for new Terminals around Mexico City, Puebla and Tlaxcala as well as northeast of the country are being under economic feasibility analysis for future development.

GMD Port and Energy Strengths

GMD P&E is leading mineral bulk Terminal Operator in Mexico and Port Infrastructure projects.

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• Experience in port engineering, construction as well as in terminal operations and transport infrastructure.

• Legal and technical expertise on API’s public bidding process.

• Strong relations with Federal Ministry of Transport and Port Administrations (API’s).

• Strategic alliances with International Partners for long term projects.

• GMD E&P staff has more than 25 years of experience in transport planning, engineering and construction, as well as terminal operations management.