DISCLAIMER · O.P. JINDAL GROUP IS THE 4TH LARGEST GROUP IN INDIA BASED . OP JINDAL GROUP The OP Jindal Group was founded in 1952 by steel visionary Shri O. P. Jindal, a first-generation

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DISCLAIMER

This publication has been prepared by Jindal Africa Investment (Pty) Ltd (“Jindal). This publication may contain forecasts

and forward-looking information. Such forecasts, projections and information are not a guarantee of future performance,

and involve unknown risks and uncertainties. Actual results and developments will almost certainly differ materially from

those expressed or implied. A number of risks, both specific to Jindal and of a general nature, may affect the future

operating and financial performance of Jindal and the value of any investment in it, including, but not limited to, economic

conditions, stock market fluctuations, demand for iron and price movements for same, timing of access to infrastructure,

timing of environmental approvals, regulatory risks, operational risks, reliance on key personnel, reserve and resource

estimations, legislation in the Republic of South Africa ('the RSA'), India and other jurisdictions, foreign currency

fluctuations, and mining development, construction and commissioning risk. You should not act or refrain from acting in

reliance on this presentation material. This overview of Jindal does not purport to be all-inclusive or to contain all the

information that its recipients may require in order to make an informed assessment of Jindal prospects. You should

conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and

completeness of the information, statements and opinions contained in this presentation before making any decision with

respect to Jindal.

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Turn Over US$ 18 billion

Operating Profit US$ 3.2 billion

Net worth US$ 6.65 billion

Total Assets US$ 21 billion

Market Cap US$ 27 billion

O.P. JINDAL

GROUP IS THE

4TH LARGEST

GROUP IN

INDIA BASED

ON ASSETS.

OP JINDAL GROUP

The OP Jindal Group was founded in 1952 by steel visionary Shri O. P. Jindal, a first-

generation entrepreneur who started an indigenous single-unit steel plant in Hisar, Haryana.

The Group is a $18 billion conglomerate, which over the last three decades has emerged as

one of India's most dynamic business organization

A multi-national and multi-product steel conglomerate with business interests spanning

across mining, power, industrial gases, port facilities and steel making.

Presently the group has outfits across India, Indonesia and Mining concessions in South

Africa, Mozambique, Botswana, Tanzania, Madagascar and Zambia

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4.5 MTPA Steel

18 MTPA Iron Ore & Coal Mining

2,437 MW Power Generation

1.5 MTPA Hot Briquetted Iron

4.5 MTPA Pellet Plant

JINDAL STEEL & POWER LIMITED EXISTING OPERATIONS

CORE

FUNCTIONS

STEEL

POWER

MINING OIL & GAS

INFRA

9.5 MTPA Steel Capacity

11,140 MW Power Generation

JINDAL STEEL & POWER LIMITED ONGOING EXPANSIONS TO 2020

CORE

FUNCTIONS

STEEL

POWER

MINING OIL & GAS

INFRA

4.5 MTPA Pellet Plant

JSPL STEEL PLANT AT RAIGARH (INDIA)

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POWER PLANT AT TAMNAR (INDIA)

JSPL COAL MINES AT TAMNAR (INDIA)

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LEADERSHIP

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GLOBAL MANAGEMENT

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Mr Rajesh Bhatia

CEO: Global Ventures

Jindal Steel & Power Ltd

Mr. Ravi Uppal

CEO & Managing Director


Mr. Manish Kharbanda

Executive Director: Global

Ventures & Business

Development & HR


Mr. Ashish Kumar

Chief Executive Officer

Jindal Africa Investments

Mr. Manoj Gupta

Country Head -

Mozambique

Mr. Tony Zebert

Country Head – South

Africa

Mr. Manoj Dosi

Country Head

Madagascar, Namibia,

Tanzania

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JSPL HAS A GLOBAL FOOTPRINT WITH PRESENCE IN 19

COUNTRIES ACROSS 4 CONTINENTS

JINDAL AFRICA

South Africa Mozambique Botswana Tanzania Zambia Madagascar Namibia

Coal

Iron Ore

Coal

Power

Coal

Power

Copper

Iron Ore Copper Limestone

Iron

Ore

OUR PORTFOLIO

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Close to USD $10 Billion

committed investment in Africa

Currently employs over 2,500

personnel in Africa

South Africa Coal Iron Ore

• One of the largest producers of

anthracite coal in South Africa

• Production capacity of 1.5 MTPA

• Private railway siding

• Over 800 employees

• Preferred supplier of metallurgical

anthracite coal to leading Ferro Alloys

manufacturers in South Africa

OUR OPERATIONS: SOUTH AFRICA

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KIEPERSOL COLLIERY: ENTRANCE TO COLLIERY

KIEPERSOL COLLIERY: AERIAL VIEW OF WASHPLANT

Mozambique Coal Power

• Total Coal Reserves of 1.35 Billion

Tonnes

• Current Production capacity of 3 MTPA

• One of the major Coking Coal producers

in Mozambique

• Private Rail Siding of 8 Kms and Jindal’s

own Rail Infrastructure of Locomotives

and Wagons

OUR OPERATIONS: MOZAMBIQUE

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• Over 1200 Employees

Copyright © 2011 Jindal Africa (Pty) Ltd. 21

INAUGURATION OF CHIRODZI MINE BY PRESIDENT OF MOZAMBIQUE: 14TH AUGUST 2013


MOZAMBIQUE: CHIRODZI MINE WASHPLANT VIEW

Mozambique Coal Power

Initiation of 2nd phase at Chirodzi

mine, tripling production to 10 MTPA

within 3 years

Subsequent doubling of output to 20

MTPA

Construction & operation of Africas

1st coal slurry pipeline to Beira port

The company is developing

350 MW installed

power capacity

MOZAMBIQUE: EXPANSION PLANS

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Infrastructure

FURTHER EXPANSION PLANS

Melmoth Iron Ore Project: Phase 1 20MTPA going up to 60 MTPA

South Africa: Establishing a 5 MTPA Steel Plant

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Botswana : Set up of 300 MW / 600 MW Power Plant and committed towards

further ramp up to 4000 MW (South Africa)

Advanced discussions underway with West Africa such as Liberia and Sierra

Leone

Senegal 2 x 175 MW Power Station (PPA signed)

Namibia Iron Ore Project Phase 1 10 MTPA going up to 30 MTPA

• Magnetite Resource of several billion

tonnes

• Significant open cast mining potential

wiith production capacity of 20 MTPA

(Phase 1)

• Favorable logistics locality to port and

dedicated railway siding

• Production of high grade iron ore

pellets (67% Fe) suited for steel

making

• Dedicated laboratory established on

site

South Africa Iron Ore

• State of the art establishment

• Designed for iron ore testing to

strengthen and expedite analysis

• Expansion plans into base metals

• Applied for ISO Accreditation

EXPLORATION: MELMOTH

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NAMIBIA Iron Ore

EXPLORATION: NAMIBIA

• Licenses Acquired for Iron Ore

and Manganese

• All Licenses in close proximity

Windhoek

• Potential Consolidated Iron

Ore reserves of Several Billion

Tonnes

• Exploration Commenced from

March 2013

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Botswana Coal / Power

BOTSWANA

• Concession located in Botswana’s

Mmamabula Coalfield - the extension of

South Africa’s Waterberg Coal Field

• Coal Resources close to 2.7 Billion

Tonnes

• Discussions ongoing for the Jindal

Mmamabula Energy Project for Power

Supply to the SADC Region

• Mining License Application for 14 MTPA

submitted to the Government .

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BOTSWANA: EXPLORATION CAMP

2008 2009 2010 2011 2012 2013

Established HO

JHB

Kiepersol 1st

mine inspection

Drilling

Commences:

Mozambique

Sect 11 Approved

Kiepersol

1st dispatched raw

coal: Kiepersol

Commission

Washplant: Kiepersol

1st dispatch washed

coal: Kiepersol

1st ship loading at

Richards Bay:

Kiepersol

Expansion on

Kiepersol

Signed deal:

Melmoth Iron Ore

Mining Licence

granted:

Mozambique

Signed deal:

Melmoth Iron Ore

Acquisition: CIC

Energy Corp.

Signed Deal:

Namibia

Breaking Ground for

New HQ:

Johannesburg

Washplant

comissioned:

Mozambique Exploration

commences:

Namibia

1st Shipment of

Coal dispatched:

Mozambique

Substation

commissioned:

Mozambique

Railway

comissioned:

Mozambique

Scoping Study

completed:

Melmoth

OUR JOURNEY

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AUGUST 2013: MOZAMBIQUE MINE INAUGURATED BY H.E PRESIDENT OF REPUBLIC OF

MOZAMBIQUE

• Donation of ambulances to

assist in rural areas response

times to emergencies

• Donation of medical equipment

to old age homes

• Healthcare centres to

accommodate the sick, promote

health education, counseling

faculties and & Maleria testing

Working together in partnership with

local government, we assist in

helping them fulfill their constitutional

mandate to the people

We continue to actively develop

infrastructure and services in

communities where access to health

care facilities are limited

HEALTHCARE

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• Support local community

schools through donations of

learning equipment; desks,

chairs and books

• Bursary, mentorship and

internships programs

• Improvements on building

infrastructure to alleviate

over crowding

• Donation of school uniforms

to ensure sense of unity

EDUCATION

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• Committed towards

protecting the environment

through its various policies

and practises

• Wherever possible we

strive to recycle water

• Promote sustainable

vegetable projects in

communities

• Establish greenery and

rehabilitation nurserys on

all sites preserving those

plants that are medicinal to

locals

Jindal Africa strives to follow in its parent company’s footsteps through

provision of saplings from our nurseries to those communities nearest

our operations or exploration sites – encouraging ecological

conservation

ENVIRONMENT

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KIEPERSOL: UNDERGROUND OPERATIONS


KIEPERSOL: WASHPLANT VIEW


KIEPERSOL: ENABLING EQUALITY


KIEPERSOL: CARING FOR COMMUNITIES


MOZAMBIQUE: OPENCAST OPERATION


MOZAMBIQUE: OPENCAST OPERATION


MOZAMBIQUE: EDUCATING YOUTH


MOZAMBIQUE: SUPPORTING COMMUNITIES


OPERATIONS SUPPORT: YOUTH SPORT DEVELOPMENT

PLEASE VISIT US AT STAND 1402

Documents

DISCLAIMER · O.P. JINDAL GROUP IS THE 4TH LARGEST GROUP IN INDIA BASED . OP JINDAL GROUP The OP Jindal Group was founded in 1952 by steel visionary Shri O. P. Jindal, a first-generation