Results and Significant Developments First Six Months of 2013

1. Results and Significant Developments
First Six Months of 2013
Strictly Private and Confidential

2. Results and Significant Developments First Half 2013
1
I. Cálidda - Significant Developments 1H 2013
II. Operational Performance 1H 2013
III. Financial Performance and Key Metrics 1H 2013
IV. Question and answer session
V. Disclaimer
VI. Annexes
(i) Strong Sponsorship with Optimal Experience
(ii) Experienced and Proven Management Team & Board

3. Results and Key Developments First Six Months 2013
2
I. Cálidda - Significant Developments 1H 2013
II. Operational Performance 1H 2013
III. Financial Performance and Key Indicators 1H 2013
IV. Question and answer session
V. Disclaimer
VI. Annexes
(i) Strong Sponsorship with Optimal Experience
(ii) Experienced and Proven Management Team & Board

4. Cálidda Significant Developments 1H 2013
 In May, the Board of Directors approved
a capital increase through the
capitalization of retained earnings,
equivalent to USD 62.2 MM.
 In May Calidda initiated the commercial
agreement with Fénix Power
thermoelectric plant (534 MW).
 In June La Pampilla Refinery was
connected. We expect this customer will
have a regular consumption close to 4
MMCFD.
 The construction of the Main Grid
Expansion project was concluded. This
project increases the current capacity of
the distribution system from 255 MMCFD
to 420 MMCFD. The commercial start-up
is scheduled for August.

5. Results and Key Developments First Six Months 2013
4
I. Cálidda - Significant Developments 1H 2013
II. Operational Performance 1H 2013
III. Financial Performance and Key Indicators 1H 2013
IV. Question and answer session
V. Disclaimer
VI. Annexes
(i) Strong Sponsorship with Optimal Experience
(ii) Experienced and Proven Management Team & Board

6. In the power generation segment, the
Fénix Power thermoelectric plant
(534MW) was connected.
During the first six months of 2013, 17
new industrial plants were connected, and
the segment average consumption has
increased 3%.
3 new service stations joined the
distribution system. 196 NGV stations
attended more than 162,000 converted
vehicles. (+7% increase in NG vehicles
compared to 2012).
There is an ongoing project sponsored
by the municipality of Lima to migrate
Lima´s bus public transportation to
natural gas.
The substantial growth in the number of
customers is given by the residential
segment. So far this year, 20,993 homes
have been connected, making a total of
124,078 connections as of 2Q 2013.
Residential and Commercial
Diverse Client Base
Four Client Segments: (i) Power Generators, (ii) Industrial, (iii) NGV Stations and (iv) Residential & Commercial
Power Generators
Industrial
NGV Stations
Main Clients Segments Growth Main Clients / Shareholder
5
18,125
33,412
63,615
103,085
113,859 124,078
2009 2010 2011 2012 2013 1Q 2013 2Q
8
11
13 13 13
14
2009 2010 2011 2012 2013 Q1 2013 Q2
338
374
411
440 449 457
2009 2010 2011 2012 2013 1Q 2013 2Q
104
144
172
192 193 196
81,029
103,712
126,586
151,781
156,201 162,516
0
50
100
150
200
250
300
-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2009 2010 2011 2012 2013 1Q 2013 2Q
NGV Stations Converted Vehicles

7. Demanded Volumes by Client Segment MMCF (Accumulated)
Power Generators (MMCF) NGV Stations (MMCF)
Residential & Commercial (MMCF)Industrials (MMCF)
28,377
52,146
103,896
116,344
23,954
49,820
2009 2010 2011 2012 1Q 2Q
22,152
26,856
31,653 32,733
8,033
16,774
2009 2010 2011 2012 1Q 2Q
8,896
11,757
14,737
18,052
4,811
9,836
2009 2010 2011 2012 1Q 2Q
305
464
694
1,069
291
627
2009 2010 2011 2012 1Q 2Q
2013
2013 2013
2013

8. 7.70% 3.50% 2.40% 3.10%
2.38%
11.40% 15.80%
23.80% 25.90% 28.38%
26.90% 26.90%
36.00% 34.20% 29.97%
19.20% 19.10%
15.40% 15.10% 15.93%
32.30% 32.20%
20.00% 18.50% 17.97%
2.60% 2.50% 2.40% 3.20% 5.36%
2009 2010 2011 2012 2013 Q2
Residential &
Commercial
Industries
NGV
Power
Generators
Installation
Services
Others
Key Figures
Income
(1) Total Adjusted Revenues excludes pass-through and IFRIC 12 revenues. Installation services include connection fees and facility financing.7
$110
$188
$304
$370
$199
2009 2010 2011 2012 2013 Q2
Income US$ MM Total Adjusted Revenues By Client Segment(1)
18,575
33,941
64,211
103,730 114,514 124,745
20%
27%
37%
44% 45% 46%
-10%
0%
10%
20%
30%
40%
50%
60%
-
100,000
200,000
300,000
400,000
2009 2010 2011 2012 2013 1 T 2013 Q2
Clients Clients in front of network Penetration Rate
Network Kilometers Penetration Rate
238 283 339 367 377
701
1,020
1,465
2,163
2,459
939
1,303
0
500
1,000
1,500
2,000
2,500
3,000
3,500
2009 2010 2011 2012 2Q 2013
Polyethylene Network Steel Network
1804
2,530
2,836
2013 2Q

9. Results and Key Developments First Six Months 2013
8
I. Cálidda - Significant Developments 1H 2013
II. Operational Performance 1H 2013
III. Financial Performance and Key Metrics 1H 2013
IV. Question and answer session
V. Disclaimer
VI. Annexes
(i) Strong Sponsorship with Optimal Experience
(ii) Experienced and Proven Management Team & Board

10. Financial Performance and Key credit metrics
(MM USD) 2009 2010 2011 2012
As of 2Q
'13
jun-13
(*LTM)
Income 110 188 304 370 199 400
EBITDA 19 29 59 64 32 64 (*LTM)
Adjusted Ebitda 44.5% 46.1% 57.6% 51.6% 50.0% 48.8%
DEBT 75 114 166 196 318 318
CASH 16 24 27 45 150 150
INTERESTS 5 8 10 12 6 11
Debt and Net Debt / EBITDA (x)
*(LTM: Last twelve months)
3.9x 3.9x
2.8x 3.0x
5.0x
3.1x 3.1x
2.3x 2.3x 2.6x
2009 2010 2011 2012 2013 Q2
Debt / EBITDA Net Debt / EBITDA
$19
$29
$59
$64 $64
44.5%
46.1%
57.6%
51.6% 48.8%
2009 2010 2011 2012 2013 Q2
EBITDA Adjusted EBITDA Margin
Interest Coverage
EBITDA & Adj. EBITDA Margin (%)
Interest Coverage
FFO / Net Debt (%)
3.5x 3.8x
5.8x 5.5x 5.9x
2009 2010 2011 2012 2013 Q2
20.9% 20.2%
28.9% 28.3%
19.9%
2009 2010 2011 2012 2013 Q2

11. Results and Key Developments First Six Months 2013
10
I. Cálidda - Significant Developments 1H 2013
II. Operational Performance 1H 2013
III. Financial Performance and Key Metrics 1H 2013
IV. Question and answer session
V. Disclaimer
VI. Annexes
(i) Strong Sponsorship with Optimal Experience
(ii) Experienced and Proven Management Team & Board

12. Disclaimer
11
The information provided here is for informational and illustrative purposes only and is not, and does
not seek to be, a source of legal or financial advice on any subject. This information does not constitute
an offer of any sort and is subject to change without notice.
Cálidda and its shareholders expressly disclaim any responsibility for actions taken or not taken based
on this information. Neither Cálidda nor its shareholders does not accept any responsibility for losses
that might result from the execution of the proposals or recommendations presented. Neither Cálidda
nor its shareholders are not responsible for any content that may originate with third parties. Cálidda or
its shareholders may have provided, or might provide in the future, information that is inconsistent with
the information herein presented.

13. Strong Sponsorship with Optimal Experience
Controlling Shareholder – 60% Ownership in Calidda
Shareholder – 40% Ownership in Calidda
Leading energy holding company with interests across the electricity and
natural gas sectors in Colombia, Peru and Guatemala
– Founded in 1896, controlled by the Distrito de Bogotá since 1956 with a 76.2%
ownership stake
– Leader in the Energy Sector: major player in the transmission and distribution of
electricity and natural gas
– International presence: Colombia, Peru and Guatemala
One of the largest natural gas distribution and transportation companies
in Colombia
– Founded in 1974 by the government of Colombia and currently controlled by Grupo
Aval
– Only vertically-integrated natural gas company in Colombia
– Major player in the gas distribution sector in Colombia through Gases de Occidente,
Surtigas and Gases del Caribe
– Participation in the power distribution in Colombia and telecommunications sector in
Panama and Costa Rica
– International Presence: Panama, Peru and Costa Rica
– EEB has 15.6% stake in Promigas
Controlling Investments
Non Controlling Investments
Controlling Investments
Non Controlling Investments
Strong Shareholder Commitment to Calidda
– Recently Injected $35 million in November 2012 and another $25 million in February 2013 as equity
– Provided a $47 million intercompany subordinated loan in Calidda12

14. Experienced and Proven Management Team & Board
Calidda’s management team and board have a successful track record in the oil and gas sector
Board of Directors
Technical
Manager
Jorge
Monterroz
Years in Industry:
16 years
Years at Calidda:
2 years
Chief Financial
Officer
Jaime Quintana
Years in Industry:
7 years
Years at Calidda:
2 years
Chief
Commercial
Officer
Carlos Cerón
Years in Industry:
12 Years
Years at Calidda:
2 years
General
Counsel
Amadeo Arrarte
Years in Industry:
11 years
Years at Calidda:
9 years
Human
Resources
Manager
Rosario Jiménez
Years in industry:
4 years
Years at Calidda:
4 years
External
Relations
Manager
Tania Silva
Years in Industry:
2 years
Years at Calidda:
1 year
Internal Audit
Manager
Carolina
Hernández
Years in Industry:
7 Years
Years at Calidda:
5 years
Procurement
Manager
Patricia Pazos
Years in Industry:
16 years
Years at Calidda:
8 years
13
Chief Executive Officer
Adolfo Heeren
Years in Industry: 16 Years
Years at Calidda: 2 years
President of the Board of
Directors
Sandra Stella Fonseca Arenas
18 years of working experience in
the energy sector
Former Executive Director of the
Energy and Gas Regulation
Commission
Luis Betancur Escobar
Served as Director of Fondo
Financiero Desarrollo Urbano
President of Colombia for
restructuring of the Energy and
Gas Regulatory Commission
Jose Elias Melo Acosta
President of Corporación Financiera
Colombiana S.A
Served as Secretary of Junta
Monetaria del Banco de la
Republica, Minister of the
Colombian Ministry of Treasury
and Public Credit and Minister of
the Ministry of Labor and Social
Security
Antonio Celia Martínez –
Aparicio
President of Promigas
Served on the board of directors
of various companies in the
natural gas sector
Management Team

15. 14
Investor Relations
For more information about Cálidda contact our Investor Relations team:
http://calidda.com.pe/inversionistas/
http://www.grupoenergiadebogota.com/inversionistas
Jaime Quintana
CFO
+511 611 7310
Jaime.Quintana@calidda.com.peo
Rafael Andrés Salamanca Rodriguez
Investor Relations Advisor
+57 (1) 3268000 – ext1675
rsalamanca@eeb.com.co
Antonio Angarita
Investor Relations Officer
+57 (1) 3268000 - ext 1546
aangarita@eeb.com.co
Gabriela Vásquez Mejia
Finance Director
+511 611 7573
gabriela.vasquez-mejia@calidda.com.pe