2. Company Relationships 2

3. Azrieli Group - Profile Construction and commercial real estate management in Israel (12 shopping malls & office buildings) & USA Financial services though banks and credit card companies Chairman: Mr. David Azrieli President: Mr. MenachemEinan, General (Res.) Total rental area: 187,600 m2 commercial299,000 m2 office buildings 3

5. Total net turnover more than USD 1.5 billion

6. USD 250 million market value

7. Public company traded on the Tel Aviv Stock Exchange (top 100)

8. Chairman: Mr. Menachem Einan,General (Res.)

11. Created as a result of strategic mergers between several veteran Israeli water companies

12. Chairman Mr. Joseph Singer

15. Water purification: wells, rivers, lakes

16. Production of skid mounted water treatment units

17. Comprehensive water solution for municipal institutes

18. Power plants water systems.

19. Industrial water treatment: RO, UF, NF, filtration, purification, etc.

20. Waste water treatment

21. Effluent re-use etc.

22. Industrial waste treatment and recycling

24. Our catalytic electrolysis technologies incorporate of state-of-the-art electrodes and design requiring minimal maintenance.

25. Excellent solution for far-away installations.

26. The most secure water disinfection solution to date.

27. Our system is simple to set up and maintain.

28. No need for frequent acid CIP for scaling removal.

30. One focal point: design, construction, commission and start-up, O&M, financing options (TK, PPP, BOT, etc.)

31. Specialty chemicals production and distribution

33. Re-use of effluent for irrigation

34. Conserving and enhancing water resources

35. Expanding water usage through recycling

37. Wastewater treatment and effluent recovery

38. Water purification

39. Specialty chemicals for water and waste water treatment

40. Operation and Maintenance (O&M) capabilities

42. Range of solutions, from off-the-shelf products, to comprehensive custom engineered projects

44. Over 200 highly qualified employees locally

45. Additional 60 employees in USA (Puritec-GES)GES employees are a uniquely talented group of people, with the education, experience, and cooperative outlook needed to maintain our position as leaders the water and waste water treatment industry

47. Over 60 engineers - experts in all phases of water and waste water treatment

48. Dedicated customer support - service and online consulting

51. Total value of the project – USD 120 million

52. Location – Palmachim, 20 Km south of Tel Aviv

53. Concession time – 25 years

54. Construction time – 2 years

55. GES owns 72% of the consortium

56. Start – Up: 5/2007

59. Supplies 8.5 million m3/year drinking water to Mekorot (Israel's National Water Company)

62. Design, construction and operation of online water treatment systems which supply clean, potable water

67. At present, sludge untreated and pumped to the sea

68. GES awarded bid to build a pilot plant to treat 15% of Shafdan’s sludge using N-Viro technology

69. GES has a 57% ownership in the project

72. The first industrial waste water treatment plant to use MBR technology in Israel

79. Looking towards the future with a GREEN viewpoint