COBAR S.p.A.Costruzioni BarozziAltamura (Bari) - Italy

COBAR Spa (private limited company), whose governing director is Mr Vito Matteo BAROZZI, is a company specialized in the planning and in the carrying out of public and private building constructions. The COBAR Spa, has been set up by the will of his partner and Legal Representative Mr BAROZZI through a transformation of an other company operating in the same sector of which Mr BAROZZI is founding partner, technical director and Legal Representative. The COBAR Spa unified the business organization as well as movable and immovable properties, employees and equipment, construction sites executed and in progress. Thanks to the experience reached in time the company has developed a main own activity specializing in the following sectors: - Planning and carrying out of every kind of public and private building constructions (civil, industrial, touristic, commercial, prefabricated etc. constructions, performed on one's own or on contract; - Restoration works and maintenance of monumental movable and immovable properties (churches, sanctuaries, monateries, historical buildings, etc.), under guardianship according the laws on the subject of Cultural Heritage and environment; - Planning, installation, maintenance and assistence of techological plants (electric, thermal, air-conditioned, water-sanitary, anti-fire plants, etc.) for civil, industrial, touristic, commercial constructions.

Most of the works carried out have been planned by both professional technitians who work for the Company and external well-known professional experts.The technitian staff and sometimes external technians in possess of great experience take care of the technical management.The operative system is made up of an homogeneous team of highly qualified workers specialized in specific sectors and processings. The great experience acquiered, the carrying out of a lot of important works and the highly qualified techical staff allow it to achieve in a complete sinergy constructions which require building competences and plant engineering offering to the client the most wide-ranging professionality and as a matter of fact the company is the only interlocutor during the whole period of the works. Besides, the Company is put on the register of the Trustee Companies of the Ministry of Cultural Heritage and Activities of the Architectural and Environmental Heritage Office for whom it has carried out different works about restoration and renovation of historical and artistic immovable properties churches, convents, castles, etc).

I

ISO 9001:2008

4

ISO 14001:2004

4a

SOA Certification

OHSAS 18001:2007 Certificate

Profile

BAROZZI Vito MatteoSole Administrator

Barozzi Vito Matteo born in Altamura (BA) on 18 September 1957, has been working as a building contractor for over twenty years. He held the office of Director, Partner and Technical Director of several companies operating throughout the country specializing in the restoration of monuments and art historic buildings, civil construction and industrial constructions and industrial plants. Among the most representative works produced include some of the most important monuments of central and southern Italy, artistic and cultural heritage which, after careful restoration, is back to being usable. These are monuments such as the Castello Svevo (the Svevo Castle) of Trani, Palazzo Coccia (Coccia palace) of Cerignola (FG), the Cittadella Vescovile (the Episcopal Citadel) in Gerace (RC), the Certosa di S. Giacomo in Capri (NA), the Palazzo Barberini (the Barberini Palace) in Rome, the Scala del Mascarino (the Mascarino stairs )and the Fontana dell’ Organo at the Palazzo del Quirinale in Rome, the Teatro Margherita (the Margherita theater) di Bari, the Cattedrale di S. Maria Assunta (Cathedral of St. Maria Assunta) in Altamura (BA). Since 2007 he is Sole Administrator and Technical Director of the company "COSTRUZIONI BAROZZI SRL" (acronym Cobar srl) based in Altamura (BA), that on 23.09.2009 has been transformed into joint stock company, which specializes in the planning and in the carrying out of restoration and maintenance of movable and immovable properties monuments, including planning, installation, maintenance and service of technological systems. Among the most important monuments completed or in progress in the last period include: the Teatro di San Carlo (the San Carlo theatre) in Naples, the Teatro Petruzzelli (the Petruzzelli theatre) in Bari, the Santuario di Ercole Vincitore (the Sanctuary of Hercules) in Tivoli (RM), the Museo Nazionale (the National Museum) in Reggio Calabria, the Museo di Storia della Scienza (the Museum of History and Science) in Florence. The experience, scrupulous professionalism and passion allows the entrepreneur Barozzi Vito Matteo to be a strong and valid partner of designers and directors of works and the Superintendence of Cultural Heritage achieving excellent results in the works and to respect fully their delivery times.

Work history

(from 1986 to 1997) Member, Attorney General and Technical Director of another company involved in the construction sector for the construction of public and private construction works, with respect to the restoration and rehabilitation of monumental buildings of historic or artistic interest, etc.., Preservation and Restoration of artwork and certifies the following information: - Turnover from 1986 to 1997: approximately EUR 46.500.000,00 - Cost of labor from 1986 to 1997: approximately EUR 11.500.000,00

II

(from1997 to 2007) Sole Director, partner and technical director of another company involved in the construction sector for the construction of public and private construction works, especially with regard to the conservative restoration of monumental buildings of historic and artistic interest, etc.., Preservation and Restoration of works of art, and certifies the following information: - Turnover from 1995 to 2007: approximately Euro 130.000.000,00 - Cost of labor from 1995 to 2007: approximately EUR 33.500.000,00

Year (since 2007) to date. Sole Director, Partner and Technical Director of the Cobar SpA company resulting from the cleavage of other company operating in the same sector. The company specialized into design and construction of public and private construction works, which develops its activities in the following sectors: - the design and construction of public and private construction works of all kinds (civil structures, industrial, tourist, commercial, prefabricated, etc..), Performed both in his that in contract. - restoration and maintenance of movable and immovable properties monuments (churches, sanctuaries, monasteries, palaces, etc..) Submitted for protection under the provisions relating to cultural and environmental assets - planning, installation, maintenance and service of technological systems (electric, thermal, air-conditioned, water-sanitary, anti-fire plants, etc..) for civil, industrial, touristic and commercial constructions

The Cobar S.p.A. beginning of the activity is able to certify the following information: - Turnover from 2007 to 2009: approximately Euro 170.600.000,00 - Cost of labor from 2007 until 2010: approximately Euro 46.100.000.00 Certifications: - Certificate SOA - Quality Certification

Additional Activities He’ s currently a member of other companies that are primarily of construction of civil and industrial construction, which companies RESTAURI GROUP srl, MURGIA ENGINEERING srl, COSTRUZIONI PBS srl, GE.IM.A. srl, COSEDIL srl, CO.IMM. Srl, which has built several complexes and industrial properties primarily in the towns of Altamura (BA), Gioia del Colle (BA) and Casamassima (BA), which have made in the course of their business, a substantial amount on the annual turnover and labor costs incurred.

III

TAnnual urnover Data

Year AmountCurrency

ExchangeRate

US$Equivalent

2011 € 30 120 551,00 1,2959 $ 39 033 222,05

2010 € 38 766 493,00 1,3362 $ 51 799 787,95

2009 € 72 675 894,00 1,4406 $ 104 696 892,90

2008 € 75 580 703,00 1,3917 $ 105 185 664,37

2007 € 33 480 007,09 1,4721 $ 49 285 918,44

2006 € 36 499 050,19 1,3170 $ 48 069 249,10

Average Annual Construc on Turnover 398 070 734,81

Annual Labor cost

Year Labor cost ExchangeRate

US$Equivalent

2011 € 4 785 075,00 1,2959 $ 6 200 978,69

6 686 688,00 1,3362 $ 8 934 752,50

9 421 622,00 1,4406 $ 13 572 788,65

6 023 641,00 1,3917 $ 8 383 101,18

2010 €

2009 €

2008 €

Restorationworks

Roma (Rome) Palazzo Barberini (the Barberini Palace)

Intervention: Restoration work, structural consolidation and museum preparation

Year: 2008 – in progress

Buyer: Supeintendence for Architectural Goods and Landscape and for Artistic and Anthropological Heritage of Rome

Aumont: € 11.000.000,00

Napoli (Naples) Teatro di San Carlo (the San Carlo theatre)

Buyer:

Intervention:

Year: 2008 – in progress

Amount: € 57.000.000,00

Design and planning of works of architectural and plants restoration to increase the productivity of the theatre.

Presidency of the Council of Ministers – Mission structure for the Celebration of the 150th Anniversary of National Unity

Bari Teatro Petruzzelli (the Petruzzelli theatre)

Buyer: Regional Directorate of Cultural and Landscape Heritage of PugliaIntervention: Restoration works and functional recovery

Year: 2007-2009Amount: € 37.700.000,00

Roma (Rome)

Intervention: Restoration works

Year: 2004 - 2005

Buyer: Supeintendence for Architecture and Landscape and for Artistic and Anthropological Heritage of Rome

Palazzo del Quirinale - “Sala del Mascarino” e “Fontana dell’Organo”(the Quirinale Palace – “the Mascarino Stairs” and “the Organ Fountain”

Aumont: € 400.000,00

Buyer: Regional Directorate of Cultural and Landscape Heritage of Lazio

Intervention: Restoration works and development of the monumental whole

Year: 2008 - in progress

Amount: € 7.500.000,00

Santuario di Ercole Vincitore(the Sanctuary of Hercules)

Tivoli (RM)

Intervention: Structural and functional adjustment of Castellani Palace

Year: 2008

Buyer: Institute and Museum of History of Science

Museo di Storia della Scienza(the Museum of History of Science)

Firenze (Florence)

Aumont: € 1.700.000,00

Buyer: Ministry of Cultural Heritage and Activities

Intervention: Restoration and functional adjustment works of the old civil Hospital.

Year: 2007 - in progress

Amount: € 15.000.000,00

Ex Ospedale Civile “SS. Annunziata”Ex-Civil Hospital “St. Annunziata”

Sassari

Reggio Calabria National MuseumIntervention: Final design and execution of restoration works

Year: 2009 - in progress

Aumont: € 20.000.000,00

Buyer: Presidency of the Council of Ministers – Mission structure for the Celebration of the 150th Anniversary of National UnityNazionale

Intervention: Restoration and development works

Certosa di San Giacomo (the Convent of St. James)Capri (NA)

Year: 2004 - 2007

Buyer: Supeintendence for Historical, Artistic and Anthropological Heritage of Naples

Aumont: € 3.000.000,00

Altamura (BA) Cattedrale di Santa Maria Assunta(the Cathedral of Santa Maria Assunta)

Buyer: Diocese of Altamura – Gravina in Puglia – Acquaviva delle Fonti

Intervention:

Year: 2005 - 2007

Restoration works

Aumont: € 1.800.000,00

Bari Teatro Margherita (the Margherita theatre)

Buyer: Regional Directorate of Cultural and Landscape Heritage of Puglia

Intervention:

Year: 2006 - 2009

Architectural and Structural restoration work

Aumont: € 2.000.000,00

Trani Castello Svevo (Swabian Castle)

Intervention: Restoration work

Buyer: Regional Directorate of Cultural and Landscape Heritage of Puglia

Monopoli (BA) Chiesa di Santa Maria Amalfitana(the Church of Santa Maria Amalfitana)

Buyer: Santa Maria Amalfitana parish Intervention: Restoration work

Carovigno (BR) Castello Dentice di Frasso(the Dentice di Frasso Castle)

Buyer: Municipality of CarovignoIntervention: Restoration work

Monte Sant’Angelo (FG) Basilica Santuario di San Michele Arcangelo(the Sanctuary of San Michele Arcangelo)

Buyer: Sanctuary of San Michele ArcangeloIntervention: Structural and functional adjustment

Trani Palazzo Beltrani (the Beltrani Palace)

Buyer: Municipality of TraniIntervention: Restoration work

S. Maria di Leuca (LE) Basilica Santuario di Santa Maria di Leuca(the Sanctuary of Santa Maria di Leuca)

Buyer: Sanctuary of Santa Maria di Leuca

Intervention: Restoration and recovery work

Mola di Bari (BA) Castello Angioino (Angevin Castle)

Buyer: Municipality of Mola di Bari

Intervention: Static-higienic-functional recovery

Taranto Museo Archeologico Nazionale(National Archaeological Museum)

Buyer: Supeintendence for Architectural Heritage and Landscape of Puglia

Intervention: Recovery, Restoration and Development of the museum

Bari Castello Svevo (Swabian Castle)

Buyer: Supeintendence for Architectural Heritage and Landscape of Puglia

Intervention: Restauration work

Molfetta (BA) Museo Marineria Molfettese ex Ospedale Crociati(the Marineria Molfettese Museum Crociati ex-Hospital)

Buyer: Municitality of Molfetta

Intervention: Conservative recovery

Molfetta (BA) Ex Complesso Monastico di San Domenico(the Ex-monastery of San Domenico)

Buyer: Municipality of Molfetta

Intervention: Conservative recovery and restoration work

Roccella Ionica (RC) Castello Palazzo Carafa (the Carafa Palace Castle)

Buyer:

Intervention:

Year: 2005

Work of supreme urgency

Supeintendence for Architectural Heritage and Landscape of Calabria - Cosenza

Cosenza Teatro Rendano (the Rendano theatre)

Intervention: Restoration work of areas outside the theatre

Year: 2002 - 2004

Buyer: Municipality of Cosenza

Gerace (RC) Convento dei Cappuccini(the Capuchin Monastery)

Buyer:

Intervention:

Year: 2007

Restoration work

Supeintendence for Architectural Heritage and Landscape of Calabria - Cosenza

Agrigento Seminario (Seminary)

Intervention: Work of supreme urgency

Year: 2005

Buyer: Ministry of Infrastructure and Transport

Canosa (BT) Cattedrale di San Sabino (the Cathedral of San Sabino) Intervention: Restoration works

Year: 2002 - 2004

Buyer: San Sabino parish

Altamura (BA) Chiesa di Santa Teresa d’Avila (the Church of Santa Teresa d’Avila)Intervention: Restoration work and structural consolidation

Year: 2003 - 2005

Buyer: Santa Teresa parish

Altamura (BA) Chiesa di San Michele al Corso(the Church of San Michele al Corso)

Intervention: Restoration work

Year: 2003 - 2004

Buyer: Diocese of Altamura – Gravina in Puglia – Acquaviva delle Fonti

Laurenzana (PZ) Castello medioevale (the Medieval Castle)

Intervention: Restauration work

Year: 2005

Buyer: Municipality of Laurenzana

Building workscivil, industrial

and plants contruction

Cosenza Lavori di realizzazione di uffici finanziari(Realization of finacial offices)

Year: 2001 - 2003

Buyer: Uffici Finanziari 2000 scarl

Bari Realizzazione della palazzina destinata ad edificio comunale e parcheggi nel Centro Direzionale – Piano di Zona Japigia(Realization of the building and parkingintended to Municipal Business Center) Year: 2001 - 2003

Buyer: Japigia 2000 srl

Galatina (LE)con potenza di picco pari a 9 536,00 KWp eRealizzazione parco fotovoltaico

10 370,00 KW

with a maximum power of 9 536,00 KWp andRealization of photovoltaic system

10 370,00 KW Year: 2011

Buyer: SUNPOWER ITALIA SRL Amount: € 4.350.000,00

Bari

€ 11.786.522,87

2013 - in progress

FERROTRAMVIARIA S.p.A.

Realizzazione prolungamento collegamento Ferroviario Metropolitano Bari Lamasinata - Bari Quartiere San Paolo, dalla Fermata "Ospedale" Alla Stazione "Cecilia"

Realization Metropolitan Rail Link Bari Lamasinata - Bari District San Paolo, from Stop "OSPEDALE" to "Cecilia" Station

Year:

Amount:

Buyer:

works acquired under

building site

Bari

€ 43.484.954,16

2011

Azienda ospedaliero universitaria consorzialePoliclinico di Bari

Lavori di costruzione di edificio di ampliamento del N.C.C.E. ed adeguamento normatio e funzionale del padiglione dei servizi amministrativi, sitemazioni esterne e sottoservizi - “Asclepios III”

Year:

Buyer:

Construction work for building expansion of the NCCE and regulatory and functional adaptation of the Hall of administrative services, outdoor and underground gaming "Asclepios III"

Bari Lavori di costruzione di edificio di ampliamento del N.C.C.E. ed adeguamento normatio e funzionale del padiglione dei servizi amministrativi, sitemazioni esterne e sottoservizi - “Asclepios III” Construction work for building expansion of the NCCE and regulatory and functional adaptation of the Hall of administrative services, outdoor and underground gaming "Asclepios III"

COBAR - COSTRUZIONI BAROZZI SpA

Sede Legale: Via Selva, 101 - Uffici Amministrativi: Via Monte Pollino, 370022 ALTAMURA (BA)Tel. 080.3103067 - 080.3142735 Fax 080.3140572C.F. e P. IVA 06605700720www.cobarspa.it info@cobarspa.it