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21-24 October 2007 Marriott Rome Park World Coal Conference Final Brochure Coaltrans 2007 is Carbon Neutral This initiative is sponsored by BHP Billiton and Coaltrans Conferences PLATINUM SPONSORS LEAD INDUSTRY SPONSOR - TRADING EXECUTIVE SPONSORS GOLD SPONSOR SILVER SPONSORS BRONZE SPONSOR CONFERENCE SPONSORS SSM OFFICIAL PUBLICATION

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Page 1: World Coal Conference · investors as well as coal users in a world bent on avoiding environmental ... - World Coal Conference will address 2 ... Coal reserve optimisation

21-24 October 2007Marriott Rome Park

World Coal Conference

Final Brochure

Coaltrans2007 isCarbonNeutralThis initiative issponsored by BHP Billiton andCoaltrans Conferences

PLATINUM SPONSORS

LEAD INDUSTRY SPONSOR - TRADING

EXECUTIVE SPONSORS

GOLD SPONSOR

SILVER SPONSORS

BRONZE SPONSOR

CONFERENCE SPONSORS

SSM

OFFICIALPUBLICATION

Page 2: World Coal Conference · investors as well as coal users in a world bent on avoiding environmental ... - World Coal Conference will address 2 ... Coal reserve optimisation

■ A review of coal’s new productionfrontiers, the associated costs andlogistical challenges

■ A reality check on world coal reservesand the economics of new production

■ The challenge for electricity generatorsto deal with the move towards lowerquality thermal coals

■ Consolidation in the steel industry hastaken a leap forward in the lasteighteen months. Will the pace bemaintained and what effect willgrowing steel production capacityhave on coking coal and metallurgicalcoke demand?

■ The gas versus coal debate: theincreasingly important role for coalgiven the decline in politically stablegas production zones such as theNorth Sea

■ China: increased imports into theworld’s largest coal producing countrycontinues as domestic energy needsconcentrate the priorities of Chinesecoal mining companies

■ The growing importance of coalderivatives – the ongoing debatebetween rival indices and thepossibility of the market tradingphysical futures, instead of financialswaps

■ The Asia-Pacific region – a debate onthe importance of growing Indianimports, Australia’s adjustment to newproduction capacity while coping withport capacity constraints andIndonesia’s market strength as theworld’s largest exporter of thermalcoal

■ The development of clean coal, coalconversion technologies and carbonsequestration techniques - thesetechnologies are of growing interest toinvestors as well as coal users in aworld bent on avoiding environmentaldegradation

■ Prospects for the dry freight seabornesector and the growing influence offreight derivatives

Just some of the topics the Coaltrans 2007- World Coal Conference will address

2

27 YEARS ON...1981– LONDON, 1982 – PARIS, 1983 – ROTTERDAM, 1984 – LONDON, 1985 27 years on and

the world’slargest coalconference

continues toattract the ‘who’s

who’ in coalfrom around the

globe.

ROME:Rome, the eternal city, and

home to some of the world’smost renowned historical siteshas a charming, exciting and

vibrant atmosphere.

When in Rome, do as theRomans do and stroll the

Spanish Steps, visit theVatican, the Trevi Fountain,St Peter's Square and The

Colosseum. Coaltrans’delegate and partner tourswill give an opportunity to

view Rome’s superbarchaeological areas and

richly endowed historical sites.

“Comments from previous Coaltransparticipants

■ Coaltrans is always well organised with aninteresting programme and ‘must-see’ delegates.

■ As usual, this gathering is a great opportunityto see many representatives of the industry inthe same place for a couple of days, as wellas having the chance to develop manyimportant contacts.

■ It was a fantastic opportunity to gain anoverview of the world coal industry anda chance to meet with the key players.

■ An energetic platform for adiverse number of companiesinvolved in all componentsof the coal chain.

Page 3: World Coal Conference · investors as well as coal users in a world bent on avoiding environmental ... - World Coal Conference will address 2 ... Coal reserve optimisation

■ LUNCHEON DISCUSSION TABLESAs an added value element to delegates, Coaltrans isorganising a number of luncheon discussion tables on specifictopics. These will facilitate an opportunity to discuss complexissues (in an informal setting) and will be led by industryexperts within each sector. Topics will include ■ shipping■ transport logistics ■ thermal coal ■ coking coal. These areoffered on a first-come, first-served basis.

■ POWER NETWORKING SESSIONA new feature for Coaltrans 2007, specifically designed toenable you to make new contacts in a relaxed setting. Thiswill take place on Tuesday, 23 October from 1030 - 1130in the Lounge Area. The Power Networking Session willinclude specially themed networking zones for Shipping,Logistics, Thermal Coal and Coking Coal, where delegatescan congregate to meet like-minded colleagues, swapbusiness cards and engage in informal networking. Brief one-on-one meetings will be encouraged and delegates will beasked to move on every five minutes to meet a new associate,thus maximising the number of fresh business contacts made.Light refreshments will be provided.

Please indicate your principal business interest on the bookingform (page 12).

■ CARBON NEUTRALCoaltrans 2007 has been made Carbon Neutral by offsettingactivities such as delegate travel and power usage at the event.

This initiative is jointly sponsored by BHP Billiton and Coaltrans Conferences

■ SHIPPING NETWORKING CORNERA lounge area for shippersto gather and meet thosewho are focused ondevelopments within the drycargo shipping industry.

Sponsored by United Bulk Carriers International

What’s new at Coaltrans 2007?This year we are adding new features to the conference programme which will providedelegates with additional enhanced benefits.

■ OTHER BENEFITS INCLUDEComplimentaryCoaltrans 2007Golf ClassicSunday, 21 October Sheraton Golf ClubParco de’ Medici 0730-1500; Tee-off 0900

Entrance to the Coaltrans 2007 Golf Classic is complimentaryfor conference participants and this includes green fees,refreshments and transport. Any extras such as hire of clubs,golf carts etc will be at participants’ own expense.

Places are limited and are on a first-come, first-served basis –maximum 32 players.

Please register on page12.

■ COALTRANS PARTNER TOURSAn opportunity for delegates and their partners to visit avariety of world renowned sites within Rome. See page 8for details.

■ INTRANET DELEGATE E-MESSAGE SYSTEMFirst introduced atCoaltrans 2005, theintranet E-messagesystem has been furtherenhanced, enablingdelegates to

communicate with one another and arrange meetings duringCoaltrans 2007.

Sponsored by Adaro

■ COMPANY PROFILE DIRECTORYSummary profiles of participating organisations.

Sponsored by SSM

■ INTERNET CAFÉThis will providecomplimentary internetaccess for the duration of theconference and is located inthe exhibition area.

– LONDON, 1986 – AMSTERDAM, 1987 – DÜSSELDORF...

3

SSM

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SUNDAY, 21 OCTOBER 20070800 – 1630Complimentary Field Trip to Torrevaldaliga Nord Power PlantMeet in the Marriott Rome Park lobby at 0745 for prompt departure at 0800.Hosted by EnelSee page 8 for details. Please register on page 12.

0900 – 1500Complimentary Coaltrans Golf ClassicBuses depart from the Marriott Rome Park and Holiday Inn hotellobbies at 0730 and tee-off at 0900. See page 3 for details. Please register on page 12.

0900 – 1300Complimentary Rome City TourMeet in the conference hotels’ lobbies at 0845 for promptdeparture at 0900.See page 8 for details. Please register on page 12.

1600 – 2030Pre-Conference RegistrationMarriott Rome Park, lobby level

1930 - 2230Welcome Reception Buffet Dinner hosted by Assocarboni (International Association of Coal Operators)Marriott Rome Park, Poolside

MONDAY, 22 OCTOBER 2007

0700 Registration and RefreshmentsHosted by Saif CombustibiliMarriott Rome Park, lobby level

0800 Exhibition Opens

0900 Complimentary Vatican City tour followed by an afternoon of shoppingMeet at the Tour Desk, Marriott Rome Park, lobby level at 0845 for prompt departure at 0900.See page 8 for details. Please register on page 12.

SESSION 1: KEYNOTE OPENING SESSION 0900 - 1040

Sponsored by Noble Energy

0900 Welcome and Opening RemarksGerard Strahan, Managing Director, Coaltrans Conferences Ltd

Chair: Andrea Clavarino, Chairman, Assocarboni and Managing Director, Coeclerici Logistics

0910 Sources of energy supply, coal's share, investments in new technologies, etc.■ Clean coal technologies – a new lease of life for an

"evergreen" energy source■ The near future: a new wave of high-efficiency coal

power plants in Europe, USA and Asia■ A mid term view: main carbon sequestration projects in progress■ A long term view: from coal to hydrogenSandro Fontecedro, Managing Director – Generation and Energy Management Division, Enel Gennaro De Michele, Executive Vice President – Technical Area Research Generation and Energy Management Division, Enel

0930 EU energy policy: the importance of coal and other fossil fuels■ The three challenges for an energy policy■ The role of coal and other fossil fuels in meeting the challenges■ Key issues that have to be urgently addressedDerek Taylor, Energy Adviser, DG TREN

0950 South Africa's coal balance - domestic energy needs and coal exports■ Transport infrastructure challenges ■ Growing domestic energy and reductant demands ■ Coal mining innovations and investments in Southern Africa■ Coal reserve optimisationSipho Nkosi, Chief Executive, Exxaro Resources

1010 The Kuzbass - Russia's major coal producing region■ Kuzbass present and future coal production■ Moves to centre electricity generation on greater

usage of coal■ Coal export volumes and transport logistic issueValentin Mazikin, Vice Governor of the Kemerovo Region(*Russian/English translation)

1030 Questions & Answers

1040 Refreshment BreakHosted by Saif Combustibili

SESSION 2: COAL INDUSTRY TODAY – NEWCHALLENGES AND OPPORTUNITIES

1115 - 1245

This session will examine and put a new perspective on the coal industry’s reserves, competition from gas and the commercial implications of emissions.

Chair: Nigel Yaxley, Managing Director, CoalImp - Association of UK Coal Importers

1115 Gas industry perspective on power generation opportunities■ A gas industry view of supply/demand issues■ Coal/gas rivalry or coexistence?■ Coal and gas challengesPat Breen, Chief Executive, Gas Strategies Group

1135 Coal’s new production frontiers■ A fresh perspective on economic mineability of coal resources■ Reassessing major coal producers’ resources■ Effect on long-term supply/demand balanceGraham Chapman, Managing Director, Energy Edge Ltd

FINAL CONFERENCE PROGRAMME

27 YEARS ON......1988 – ROTTERDAM, 1989 – LONDON, 1990 – BRUSSELS, 1991 – BERLIN, 1992 – NICE, 1993 – AMSTERDAM,

4

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1155 Commercial implications for coal during the Kyoto Protocol first commitment period (2008-2012)■ Projected impacts on fuel switching through EU Emissions

Trading Scheme■ Impact on coal demand in other regions including East

Asia and US■ New business opportunities presented by carbon

management in the coal value chainJohn Blaney, Managing Director – Europe, ICF International

1215 Global change in the seaborne steam coal market■ What are the fundamentals for the underlying market? ■ New players and secondary market ■ Price forecast trend and volatilityFrederic Meyer, General Manager Trading-Marketing, Total Coal International

1235 Questions & Answers

1245 LunchHosted by d’Amico Societa di Navigazione S.p.AMarriott Rome Park, Tiziano Ballroom, lobby level

LUNCHEON DISCUSSION TABLESAs an added value element for delegates, Coaltrans is organising anumber of luncheon discussion tables on specific topics. These willfacilitate an opportunity to discuss complex issues (in an informalsetting) and will be led by industry experts within each sector. Topicswill include • coking coal • thermal coal • shipping • transportlogistics. These are offered on a first-come, first-served basis.

SESSION 3: THE DYNAMIC ASIAN COAL MARKETS –EVER BRIGHTER PROSPECTS FOR GROWING IMPORTS

1415 - 1535

This session will examine the phenomenal growth of thermal andcoking coal imports into Asian countries as China becomes a netimporter; while India implements ambitious new power and steelsector developments which will involve sharply increased coal imports.

Chair: Bill Graybeal, CEO, CC Carbon (Pte) Ltd

1415 Chairman’s opening remarks

1425 Australian seaborne coal market – fundamentals and projects■ The current status of the seaborne thermal and coking

coal market■ Australia's position within the global supply picture now and

in the future ■ The challenges Australian producers face in the future Peter Lye, Coordinating Manager – Sales & Marketing, Rio Tinto Coal Australia

1440 Indonesia – the world’s largest exporter of thermal coal■ Challenges and opportunities facing the Indonesian

coal industry ■ Indonesia's coal production plans and growing

domestic demand ■ Meeting expanding export markets in India and China ■ Coal supply logistics challengesPhilip Gasteen, Head of Marketing & Logistics, Banpu

1455 Thermal coal demand for India's growing economy■ Ultra mega power projects and IPP developments■ Domestic production and growing thermal coal import needs■ Logistical transport developmentsAmulya Charan, Vice President, The Tata Power Company Limited

1510 The growing thermal coal import phenomenon in China■ Likely growth of thermal coal demand in southern China■ Growing import alternatives to domestic thermal coal■ Quality aspects of imported coal for the Chinese marketGao Yaokun, Country Director, China, CC Carbon (Pte) Ltd

1525 Questions & Answers

1535 Refreshment BreakHosted by Saif Combustibili

The Audience Response System will be usedin sessions 4, 5 and 6. This will enable delegates torespond to a series of questions using individualhandsets. The answers will then be collatedelectronically and used for further discussion pointsbetween the audience and panellists

SESSION 4: COKING COAL – MARKET CONFIDENCE CONTINUES

1600 - 1745

What are the prospects for continuation in the unprecedented boom forsteel and raw materials? Have coking coal producers seen the best of thecoking coal markets? This session will examine the continuing expansionof new greenfield and brownfield production, while international rawmaterial buyers and producers debate the trading scenario.

Chair: Jim Lennon, Executive Director, Commodities Research, Macquarie Bank Ltd

1600 Chairman’s opening remarks

1610 U.S. Met coal – Positioned to supply growing demand?■ Framework for U.S. met coal supply■ U.S. domestic coking coal supply/demand outlook■ U.S. met coal – is international supply sustainable?Daniel Walton, Head of Coal Sales and Account Administration, Hill & Associates, A Wood Mackenzie Company

1630 Arcelor Mittal and its role in the global coking coal markets■ The integration of purchasing operations at Arcelor Mittal■ The global outlook on coking coal and coke from a supply

and demand perspectiveFranz Blancquaert, General Manager, Coal, Coke and PCI Procurement, Arcelor Mittal Purchasing

1650 Challenges for the Russian steel and coking coal sectors■ Coking coal and steel landscape ■ Shifting cost structure of coal mining and transport logistics ■ Export potential of Russian coking coalRob Edwards, Managing Director, Metals and Mining, Renaissance Capital

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1994 – HAMBURG, 1995 – HELSINKI, 1996 – MADRID...

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1710 Coking coal supplies into Europe – future developments■ The ongoing role of US exports■ Alternative supply sourcesLuca Avanzini, Coal and Iron Ore Purchasing Manager, ILVA S.p.A – RIVA Group

1730 Open Discussion using Audience Response SystemSponsored by SSY

1745 End of Day One

1900 - 2100 Gala Evening Receptionhosted by Enel

At the Chiostro del Bramante, Rome City Centre.Buses depart from the Marriott Rome Park and all conference hotellobbies at 1815. Buses will return to conference hotels at 2145.

TUESDAY, 23 OCTOBER 2007

0700 Registration and RefreshmentsHosted by Saif Combustibili

0800 Exhibition Opens

0900 Complimentary partners’ Full Day Tour to Wine Region OR Optional Culinary Tour at €150Meet at Tour Desk, Marriott Rome Park lobby at 0845for prompt departure at 0900.See page 8 for details. Please register on page 12.

SESSION 5: THERMAL COAL – FORECAST AND DEBATE0900 – 1030

This session will examine the supply/demand prospects of thermalcoal for the immediate and medium term, as well as prospects formarket conditions going into 2008.

Chair: Martin Bloemendal, Director, Energy Edge Ltd

0910 A review of steam coal supply/demand within the IEA World Energy Outlook■ Thermal coal demand, supply and production to 2030■ Impact on coal demand of strong environmental policies■ Coal supply prospects and supply chain investment needs

to meet future demandBrian Ricketts, Energy Analyst – Coal, International Energy Agency

0930 Outlook for Colombian coal production - 2008-2010■ Challenges and opportunities in changing markets and

changing qualities- Port and transport infrastructure developments- Worldwide trend of lower CV coals and the response of

end users■ Carbones del Cerrejón

- Production outlook for low sulfur, low ash Cerrejón coal- Social responsibility in La Guajira- Export destinations

León Teicher, President, Carbones del Cerrejón

0950 Open Discussion using Audience Response SystemSponsored by SSYPanellists:Mike Neale, Director and Head of Portfolio Management,International Coal and Freight, Constellation Energy Commodities GroupGrant Burns, Vice President Global Coal, Essent Fabrizio D'Adamo, Managing Director, Flame S.A.Igor Gribanovsky, Board Member, SUEK AG

1030 Refreshment BreakHosted by Saif Combustibili

1030 – 1130

POWER NETWORKING SESSIONA new feature for Coaltrans 2007, specifically designed to enable youto make new contacts in a relaxed setting. This will take place in theLounge Area and will include specially themed networking zones forShipping, Logistics, Thermal Coal and Coking Coal, where delegatescan congregate to meet like-minded colleagues, swap business cardsand engage in informal networking. Brief one-on-one meetings will beencouraged and delegates will be asked to move on every fiveminutes to meet a new associate, thus maximising the number of freshbusiness contacts made. Light refreshments will be provided. (Please indicate your principal business interest on page 12.)

SESSION 6: DRY CARGO SHIPPING MARKETS – LA DOLCE VITA

1130 - 1300

2007 has seen a new all-time high for dry bulk freight rates as theeffects of rapidly rising cargo volumes on tonnage balances hasbeen compounded by port delays and changes in vessel tradingpatterns. Spot market strength has triggered a major re-evaluationof longer term expectations, as reflected in both charteringbehaviour and shipowner investment. This session will seek to identifythe key pressures on the dry bulk market in 2008, as well as thepotential impact of record levels of newbuilding investment on the futurecost of seaborne coal transportation.

Chair: Giuseppe Mauro Rizzo, Managing Director, Rizzo-Bottiglieri-De Carlini Armatori S.p.A

1140 Where next for freight rates?■ Can demand-side dynamism be sustained?■ Will port congestion continue to distort the freight market

in 2008?■ When will the impact of record newbuilding investment be felt?John Kearsey, Executive Director, Simpson, Spence & Young Ltd

1200 Open Discussion using Audience Response SystemSponsored by SSYPanellists:Cesare d’Amico, Chief Executive Officer, d’Amico Societa di Navigazione S.p.ASven Oldendorff, Vice President, Essent Trading InternationalAngelo D’Amato, Managing Director, Perseveranza S.p.A. di NavigazioneTom Cutler, Analyst Trader, Swiss Marine Services

1300 LunchMarriott Rome Park, Tiziano Ballroom, Lobby LevelHosted by Rizzo-Bottiglieri-De Carlini Armatori S.p.A

27 YEARS ON......1997 – ISTANBUL, 1998 – AMSTERDAM, 1999 – HAMBURG, 2000 – BERLIN, 2001 – PRAGUE, 2002 – BERLIN, 2003 –

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STREAM 1: DEVELOPMENTS IN TRADING PHYSICAL & COAL DERIVATIVES

The steam coal derivatives market is going through anexponential growth that may also pave the way for arestructuring. In 2006 derivative volumes reached 1.3 bn tons,which was 2.4 times higher than the physical seaborne market.The market in 2007 has been enlivened by a debate about thereliability and operation of existing indices and whether the coalmarket needs alternative indices or even a physical futures market.

SESSION A: THE DEBATE: WHICH PRODUCTSHOULD BE THE REFERENCE OF THE ARA MARKET?

1415 –1530

Chair: Guillaume Perret, Director, Perret Associates

1425 Increasing transparency of price benchmarksJim Nicholson, Global Business Development Manager, Argus Media Group

1435 The role of a financial institution in coal and commodity risk management Andrea Selvaggi, Director, Commodity Sales, Barclays Capital

1445 Increased liquidity in the coal derivatives marketChris Schwagermann, Head of Trading - Energy Marketing & Trading, BHP Billiton

1455 Is the ARA ready for physical futures?Eoghan Cunningham, CEO, globalCOAL Limited

1505 Questions & Answers

1530 Refreshment BreakHosted by Saif Combustibili

SESSION B: ADDITIONAL WAYS OF TRADING FOR NEW MARKET ENTRANTS

1545 –1700

1550 The added value of an international exchange for coal tradersJason Pegley, Head of Utility Markets, ICE Futures

1600 Introducing the ISDA Coal Annex: Combining coal derivatives and physical coal under a single trading agreementLauren Teigland-Hunt, Managing Partner, Teigland-Hunt & Associates

1610 The next challenges for the coal derivatives market: counterparty/credit risk and price settlementsPeter Aitken, Manager Coal and Freight Derivatives, Vitol Group Companies

1620 New reference index opportunities for the coalderivatives marketsSenior Representative, Reuters

1630 Questions & Answers

CHOICE OF STREAMED SESSIONS:Delegates can choose to attend one of the following streams. Please select your stream on page 12.

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VIENNA, 2004 – BARCELONA, 2005 – PARIS, 2006 – ATHENS...

1715 Close of formal conference proceedings - Drinks served in the exhibition area.Evening Industry Receptions (By invitation)

STREAM 2: COAL TRANSPORT AND LOGISTICS

This streamed session will examine new features anddevelopments within today’s transport and logistics supply chain.

SESSION A: COAL LOGISTICS SUPPLY CHAIN DEVELOPMENTS

1430 –1545

1435 Italian port regulations and capacities and impact on coal imports■ Analysis of main ports, their capacities and technical

restrictions■ Coal import volumes and handling logistics■ Post Panamax vessels and their access to Italian portsGiuseppe Bottiglieri, President & CEO, Giuseppe Bottiglieri di Navigazione spa

1455 Implications of new ship types■ Effect on shipping economics and operations■ Progress in Panamax, Kamsarmax and Post Panamax■ Supramax – developments and perspectives ■ Evolution of port loading/discharge facilitiesAlexander Edmonds, Commercial Director – HandyMax, C Transport Maritime S.A.M

1515 Effectively Managing The Fuel Supply Chain■ Challenges in procuring, managing, moving and

accounting for fuels■ Opportunities and new methods for automating and

streamlining processes■ One Approach: a SunGard Energy Softworx case history■ Benefits to be derived from effectively managing the

Fuel Supply ChainDavid Vinzant, Chief Operations Officer, SunGard Energy Solutions

1535 Questions & Answers

1545 Refreshment BreakHosted by Saif Combustibili

SESSION B: COAL CARGO HANDLINGDEVELOPMENTS

1600 –1715

1600 Inland waterway transport: the successful carrier of coal in Europe ■ Modern and innovative barge design■ Competition from other forms of inland transport■ Environmental challenges and solutionsM.W. (Rinus) de Korte, President, European Barge Union

1620 Latest developments in offshore logistics■ Rapidly changing future demand■ Suitable floating solutions for loading and unloading■ Flexible and versatile approachesSanjeev Mathur, Project Development, Coeclerici Logistics

1640 New developments in coal stevedoring■ Managing efficient cargo turnarounds ■ Discharging and handling innovations ■ Changing ARA logistics and the industry's responsesPaul Goris, Commercial Director, EMO Dry Bulk Terminal

1700 Questions & Answers

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WEDNESDAY, 24 OCTOBER 2007

WORKSHOP0900 – 1245

Marriott Rome Park, Bramante Room 1

Current legalissues in the coal

and freightmarkets

WORKSHOP LEADERSPeter Bennett, Rory Gogarty, Damian Honey, Partners, Holman Fenwick & Willan

PART 1: The workshop will briefly considerthe following issues:• Can you steal a march on your

counterparty in negotiating critical tradingand CoA terms?

• Certificate final clauses – do they work?• Is force majeure available in a rising market?• What is to be done with delay at the

loading terminal?• Your counterparty is defaulting. What do

you do?

Refreshments served

PART 2:A representative buyer as well as aseller will join a panel, which willconsider two case studies from theirperspectives and provide suggestedsolutions for interactive discussion.

Lunch

Please register on page 12.

SUNDAY, 21 OCTOBER 2007

OUTLINE ITINERARY: SUNDAY, 21 OCTOBER 2007

0800 Depart from the Marriott Rome Park by bus (80km)0930 Arrive at the Torrevaldaliga Nord Power Plant 1100 Site inspection of the Power Plant1300 Lunch hosted by Enel1500 Depart from Torrevaldaliga Nord Power Plant1630 Arrive back at the Marriott Rome Park

Enel Enel is Italy’s largest power company and Europe’s third largest listed utility by marketcapitalisation. Enel produces and sells electricity mostly in Europe, North America andLatin America. In the power business, Enel has 53,000 MW of generating capacityand has 32 million electricity customers. It is also the second largest Italian distributorand vendor of natural gas, with over 2.3 million customers and a 12% market share.In Italy the company has about 50,000 employees and operates 46 thermal plants,500 hydro facilities, 32 geothermal plants, 19 wind farms and 4 photovoltaic plants,in addition to more than a million kilometres of power lines, in Italy and internationally.

Torrevaldaliga Nord Power Plant The plant is located 80km west from Rome, on the coast, afew kilometres from the town of Civitavecchia. It is equippedwith three power units with 660 MW capacity each, thatwill start running from May 2008. The plant will burn coalusing all the best available technologies, including the latest

clean coal technologies. It will reach a net efficiency of 44.7%, and it was awardedwith the Powergen Prize in 2005 as the best coal power plant under construction inEurope in terms of technical innovation and environmental compatibility.

This field trip is limited to 80 places and will be available on a first-come first-served basis. Please register on page 12.

OPTIONAL COMPLIMENTARY PRE-CONFERENCE FIELD TRIP

Torrevaldaliga Nord Power Plant- Enel’s newly constructed 3x660 MW coal plantsponsored by

TOUR PROGRAMME

Sunday, 21 October 20070900 – 1300

ComplimentaryHalf Day City Tourof Rome taking in anumber of theAncient Romemonuments and

ruins including the Roman Forumand The Colosseum for alldelegates and partners.

Monday, 22 October 20070900 – 1700

Complimentary FullDay Tour to VaticanCity visiting St. Peters’Basilica and itssplendid 17th centurysquare, surrounded

by Bernini’s unique Colonnade.Lunch is included followed by anafternoon of shopping.

Tuesday, 23 October 20070900 – 1700

ComplimentaryFull Day Tour toCastel Gandolfofor Wine Tastingand Lunch. VisitCastel Gandolfo,

one of the villages in The AlbanHills famous for wine production,where the Pope has his summerresidence.

OR Optional CulinaryCourse at the famousGambero Rosso CateringHeadquarters at €150plus 20% VATGambero Rosso is a well knowntrademark all over the worldfamous for its expression of theItalian art of food and wine.Cooking courses (pasta or pizza)will last 2 hours 30 minutes.Subject to minimum numbers.

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Limited to 80 places

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SOLD OUT

ComplimentaryBus Transfers:• Coaltrans will providefrequent complimentarybus shuttles from theSheraton Golf Parcode' Medici and theHoliday Inn Rome-EurParco dei Medici tothe Marriott Rome Parkfrom Sunday, 21October through toWednesday, 24October.

• Complimentaryhourly shuttle busesprovided from theMarriott Rome Park tothe city centre (PiazzaCavour) from 0900 to0000.

Train:• The train runs every 15minutes from the neareststation (Muratella) andconnects with the metrofour stops further atOstiense to the city centre.• A one way train ticketcosts €5.50 and a oneway metro ticket is €1.00.

Taxis:• A taxi rank will bepositioned at the MarriottRome Park for the durationof the conference

• Taxis from Fiumicino Air-port (16km) are €25-30

• Taxis from Vatican City(16km) are €20-25

TRANSPORT FACILITIES FOR CONFERENCE PERIOD:

Full details will be distributed in your confirmation pack and will be available onsite.

HOTEL ACCOMMODATION

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Please note: Hotel Reservations will only be made for registered participants and canonly be secured with a credit card. Dates outside of the conference period are subjectto availability. Please register on page 12.

Sheraton Golf Parco de’ Medici Hoteland Resort A modern and functional complex with all the charmand cosiness of a country residence; 610 guest roomscomplete with Junior and Senior Suites, Executive Floorand Executive Lounge located in the main buildingsand the outside villas and chalets area. All rooms aresoundproofed and have individual air conditioning

control, direct-dial telephone, electronic key security system, hairdryer, bath tub andshower, colour TV with satellite channels and Pay-Per-View, radio, minibar and safetydeposit boxes. Fast and easy internet access, two business centres, car rental,helicopter landing-pad and parking for more than 1,000 cars.

Holiday Inn Rome-Eur Parco dei Medici The Holiday Inn Rome Eur Parco dei Medici combinesthe high standards of the famous brand with the hotel’selegant style. A stone’s throw away from the Eur District,next to the Grande Raccordo Anulare, exit EurMagliana, and close to Rome’s new exhibition centre,the hotel is within easy reach of Fiumicino InternationalAirport and the city centre which is directly connected

by a free scheduled shuttle service. The 317 guest rooms, all with two queen size beds,are equally appealing to both business and leisure travellers. Fitness centre, sauna,outdoor pools and parking areas are available to guests, free of charge.

CONFERENCE VENUEThe Marriott Rome Park is immersed in a 20 acreprivate Mediterranean park with indoor and outdoorpools. The brand new Marriott Rome Park opened inSeptember 2006, and has the largest convention centrein Europe with meeting facilities for over 6,000 people.The hotel also offers a fitness centre and spa, wine barand gift shop.

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1

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SOLDOUT

Sheraton Golf Parco de’ Medici Hoteland Resort

(A member of the Starwood Group)

Surrounded by a 27-hole golf course, the resortis just 18km from Fiumicino Airport and 12kmfrom the centre of Rome. (10 minute transfer toMarriott Rome Park)

Single Double Superior €211 €237Deluxe €229 €255Executive €246 €272

Rates include breakfast but exclude taxes at 10%.Suites available on request.

Holiday Inn Rome-Eur Parco dei Medici(A member of the Priority Club)

Situated in a strategic position between FiumicinoInternational Airport (16km) and the city centre(16km). (5 minute transfer to Marriott Rome Park)

Single Double Superior €150.90 €172.73

Rates include breakfast but exclude taxes at 10%

Marriott Rome Park (Conference Venue)

(A member of the Marriott Rewards Programme)

The hotel is located 16km from Fiumicino airport and 20-25km from Vatican City.

COALTRANS 2007 - HOTELS

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Over 1400 attendees participate in the annual CoaltransWorld Coal Conference from 55 countries. We can give youthe opportunity to reach key players from the world coalindustry under one roof.

Why not consider one or more of the following options and enhance your companypresence in Rome this October?

1. EXHIBITING – bringing you closer to existing andprospective clients

Marketing benefits of exhibiting at Coaltrans 2007:■ Showcase your company portfolio of products and services■ Build brand and market awareness■ Meet face-to-face with new and existing clients■ Optional banner for your website advertising your presence at Coaltrans 2007

Exhibition area:■ Located adjacent to the conference auditorium■ High ceilings■ Floor to ceiling windows and external balcony areas■ On-site floor management■ Close proximity to bar, lounge areas, refreshment service points, internet café,

intranet system

Shell scheme booth prices start from as little as €4,620

For detailed information please contact Alastair MacDonald on +44 20 7779 8917 oremail [email protected]

Enhance yourmarket

position bytaking one or

more of ourbusiness

developmentopportunities

SPONSORSHIP & EXHIBITIONOPPORTUNITIES

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Exhibition Floor Plan

Reserved(as at 23 July 2007)

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2. SPONSORING - Sponsorship providesnetworking opportunities

Taking a sponsorship option at Coaltrans 2007 gives youa broad range of opportunities to reinforce andstrengthen your brand. It will raise awareness about yourcompany in front of a truly international coal audience.

What brand exposure will sponsorship give me?■ Increased exposure will be provided by the item/

service that you are sponsoring■ Contact details will be displayed in the delegate

handbook and official documentation■ Web banner, 50 words and a hyperlink to your

website on www.coaltrans.com/rome■ Logo placement on the auditorium’s main stage and

on all supporting promotional materials■ Coaltrans will send up to 1000 invitations to your

clients on your behalf

What options are still available?

■ Platinum, Gold, Silver, Executive and BronzeSponsorships

■ Golf Classic■ Delegate Transfer Buses■ Power Networking Session■ Internet Café■ Translation Services

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3. HOSPITALITY SUITES – host meetings inthe privacy of your own suite

For many companies attending Coaltrans 2007, it is a time fornegotiating and drawing up contracts as well as entertainingyour business partners. The right facilities for your meetings areall-important as they reflect on the quality and professionalism ofyour company.

* Please note, there are a limited number of rooms available.Only registered delegates may enter the hospitality suite area.

If you register more than 12 paying delegates youwill be entitled to a complimentary hospitalitysuite (subject to availability).

Sponsors (as at 23 July 2007)

EXECUTIVE SPONSORS

SILVER SPONSORS

CONFERENCE SPONSORS

SUPPORTERS

OFFICIAL PUBLICATION

GOLD SPONSOR

BRONZE SPONSOR

SSM

LEAD INDUSTRY SPONSOR - TRADING

PLATINUM SPONSORS

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Post: Coaltrans Conferences Ltd

Nestor House, Playhouse Yard London EC4V 5EX, UK

Four other waysto register

Fax: +44 20 7779 8946

Telephone: +44 20 7779 8945

(quoting brochure ref:)

The easiest way to register is online at www.coaltrans.com/rome

Fee includes: 1. Attendance at all conference sessions 2. Full conference documentation, which includes copies of all available speakers’ papers3. Complimentary tours, golf tournament, refreshments, lunches and evening receptions

Brochure ref:

Delegates FEE Discount

COALTRANS 2007 REGISTRATION FORM21-24 OCTOBER 2007

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Attendees must have registered and paid before 12 October or a late fee of €50will be charged to cover administration costs.

ACTIVITIESI will be bringing guest(s) Name(s)

Date Self Guest Fee

21.10.07 Golf Classic - Handicap ■■ Free21.10.07 Pre-Conference Field Trip ■■ Free21.10.07 Half Day City Tour ■■ ■■ Free21.10.07 Welcome Reception ■■ ■■ Free22.10.07 Vatican City Tour ■■ Free22.10.07 Gala Reception ■■ ■■ Free23.10.07 Castel Gandolfo Wine Tour ■■ Free23.10.07 Culinary Course ■■ €150 inc VAT

23.10.07 Stream 1 ■■ Free23.10.07 Stream 2 ■■ Free24.10.07 Post Conference Workshop ■■ Free

IT IS IMPORTANT TO FILL OUT ALL THE INFORMATION BELOWPlease photocopy this form for multiple bookings.

Delegate details

Mr/Mrs/Ms ________First name__________________________________________________________

Surname _________________________________________________________________________________

Job title __________________________________________________________________________________

Tel ________________________________________ Fax___________________________________________

Email ____________________________________________________________________________________

Please specify the email address where you wish your invoice to be sent if different from above

_________________________________________________________________________________________

Organisation detailsCompany Name __________________________________________________________________________

Please supply your company description for the delegate profile directory.

Company Activity (15-20 words)_______________________________________________________________________________

_______________________________________________________________________________

Address ___________________________________________________________________________________

________________________________________________________________________________________________________

Postcode ___________________________ Country _____________________________________

PAYMENTPayment may be made in one of three ways - please tick appropriate box ✓

■■ Conference fee ■■ Hotel guarantee (credit card required)

■■ 1. Please debit my CREDIT CARD No.

■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■Visa/Master/Euro ■■ Amex ■■ (no other cards accepted)

Expiry date ■■ ■■ / ■■ ■■

Signed......................................................................................................

■■ 2. Payment by BANK TRANSFER should be made through Lloyds Bank TSB plc,City Office, Bailey Drive, Gillingham Business Park, Gillingham, Kent ME8 0LS, € account number 86139233, sort code: 30-12-18, Swift code: LOYDGB2LCTY(all charges to be paid by sender). IBAN No: GB42LOYD30121886139233

■■ 3. CHEQUES should be drawn on a UK Bank and made payable toCoaltrans Conferences Ltd. A receipted invoice will be sent to all delegates.

Please complete and return this form together with a copy of your credit cardnumber, bank transfer or cheque, payable in € to Coaltrans Conferences Ltd, and sendby post or fax to: Coaltrans Conferences Ltd, Nestor House, Playhouse Yard,London EC4V 5EX, UK. Tel: +44 20 7779 8945, Fax: +44 20 7779 [email protected] www.coaltrans.com/rome

VAT is charged at the Italian rate of 20%. Certain companies may be able toreclaim the VAT. Delegates should check with their local excise authority to confirmwhich fiscal regulations apply.

DocumentationI cannot attend but would like to purchase the documentation ■■ €495

Business InterestPlease select for the Power Networking Session ■■ Coking Coal ■■ Thermal Coal ■■ Shipping ■■ Transport Logistics ■■ Other

HOTELS (see page 9 for details)To secure your room you must supply a credit card below. Arrival ________/________ Departure ________/________

Sheraton Golf ■■ 1st choice ■■ 2nd choice

Superior Room Single €211 ■■ Double €237 ■■Deluxe Room Single €229 ■■ Double €255 ■■Executive Room Single €246 ■■ Double €272 ■■

Holiday Inn ■■ 1st choice ■■ 2nd choice

Superior Room Single €150.90 ■■ Double €172.73 ■■

Email: [email protected]

(quoting brochure ref:)

(EXAMPLE: Power GenCo operates three 200MW power plants in the UKand consumes 4MT of coal).

CANCELLATIONSHotel guarantee: In the event of a no-shows, cancellations/reductions in length of stay at the conference hotels without 7 days notification prior to arrival you willbe charged for all nights reserved unless the hotel/Coaltrans Conferences are able to re-sell your room.Conference fee: All cancellations must be received in writing by 21 September 2007 for a full refund, less a 10% administration charge. We cannot accept verbalcancellations. Cancellations received after 21 September 2007 are liable for the full conference fee. However, substitutions can be sent to attend in your place at noextra charge. If owing to a force majeure, Coaltrans Conferences is obliged to postpone or cancel the event. Coaltrans Conferences will not be liable for any travelor accommodation expenses incurred by delegates or their organisations. Registrations received after 21 September 2007 are still liable for the full conference fee incase of cancellation.Data protection: The information that you provide will be safeguarded by Coaltrans Conferences Ltd, a division of Euromoney Institutional Investor PLC group, whose subsidiaries may use it tokeep you informed of relevant products and services. We occasionally allow reputable companies outside the Euromoney Institutional Investor PLC group to contact you with details of products thatmay be of interest to you. As an international group, we may transfer your data on a global basis for the purposes indicated above. If you object to contact by telephone ■■ fax ■■ or email ■■ pleasetick the relevant box. If you do not want us to share your information with other reputable companies, please tick this box ■■

€1699+VAT = €2038.80

€1699+VAT = €2038.80

€1359+VAT = €1630.80

€1359+VAT = €1630.80

€1274+VAT = €1528.80

■■ 1st

■■ 2nd

■■ 3rd

■■ 4th

■■ 5th +

20%

20%

25%

Rates include breakfast but exclude taxes at 10% for all hotels

Ref:please quotethis reference