CORPORATE PROFILE

AGENDA

1 Corporate profile

2 Key milestones

3 Extensive international presence

4 Commitment for Health and Safety

5 2010 ENR Top Lists: Group’s ranking

6 Financial highlights

7 Maire Tecnimont structure

8 Tecnimont: E&C business

9 Tecnimont KT: process engineering

10 Stamicarbon: technology licensing business

11 Maire Tecnimont Innovation Centre

12 Tecnimont Civil Construction

13 Met NewEn: developing renewable energy

2

CORPORATE PROFILE

a leading Engineering, Main Contracting and

Licensing Group operating worldwide in the Oil,

Gas & Petrochemicals, Power, Infrastructure and

Civil Engineering sectors

advanced skills in EPC and Process Engineering

services for complex turnkey projects in different

countries and regions

safety culture and zero incident target

key competences in licensing and Intellectual

Property

strong technology orientation and innovation

culture

specific focus on environment with key

competences in renewable and research activities

in nuclear energy

3

KEY MILESTONES

4

1947

Incorporation of

STAMICARBON

Chemical and Feritilizer

licensing

1937

Dutch State Mines – DSM

research centre for services

work to coal mines

1973Incorporation of TECNIMONT

1966Incorporation of MONTEDISON

1884EDISONPower Supply

1899FIAT GROUP

2004Acquisition of Fiat Engineering Later MAIRE ENGINEERING

1972Incorporation ofFIAT ENGINEERING (Fiat Group industrial plants)

Incorporation of

MAIRE TECNIMONT

Listing on the Italian Stock

ExchangeIncorporation of

MET NewEn

Acquisition of Stamicarbon

Acquisition of Technip KTI(later Tecnimont KT)

2005 2007June 2009

October 2009

June 2010

1963 Nobel Prize for chemistry G.Natta

1974

Kinetic Technology Int.- KTI

35 years of international

experience in process

engineering

2002Acquisition of FIAT Avio

1988Mannessmann acquired KTI

1999Technip Italy acquired KTI

1888MONTECATINIMines and Chemicals

then focused on

Fertilizzanti(G.Fauser)Polipropilene (G.Natta)

Inauguration of new Milan Headquarters

Incorporation of Tecnimont Civil

Construction

March2011

April20112008

Acquisition100% of TICB

Presence of Maire Tecnimont Group

EXTENSIVE INTERNATIONAL PRESENCE

About 5,200 employees, half of whom are employed outside Italy

Presence in more than 30 countries with over 50 operating companies

Italian headquarters: Rome, Milan

MANPOWER*

ITALY

EUROPE

ASIA

SOUTHAMERICA

TOTAL

2,598

397

1,967

219

5,181

5* Figures as of 31 March 2011

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Maire Tecnimont Group safety performances: zero incident targets

* Key Performance Indicator** Source: International Association of Oil & Gas Producers. Report No 439, May 2010. Safety Performance indicators - 2009 data. Contractor aggregated data.*** Source: CII – Benchmarking & Metrics. Safety Report 2007. Aggregated data 2006 (BMM 2007 02 December 2007).

COMMITMENT FOR HEALTH AND SAFETY

Maire Tecnimont Group Safety 2010

(based on approx. 57 million hours worked on-site abroad)

International ReferenceBenchmarks

KPI*

Maire TecnimontGroup

Oil&Gas Producers2010

Contractor data**

Construction Industries

Institute (CII) ***

LTIF(OSHA – Lost Time Injury Frequency)

0.004 0.09 0.11

TRIR(OSHA - Total

Recordable Injury Rate)

0.21 0.35 0.58

Environment, Health and

Safety Management System as

core value and personal

commitment

Integrated HSE Management

System constantly reinforced,

diffused, checked and

upgraded with results

considerably higher than

international standards

7

2010 ENR TOP LISTS: GROUP’S RANKING AMONG THE TOP INTERNATIONAL CONTRACTORS

Maire Tecnimont confirms its competitive positioning in the world E&C market

.

2010 “Top 225 International Contractors List”*

• General ranking: 36th

• Ranked 10th in the “Top Ten By Market” for Power sector

• Ranked 8th in the “Top Ten By Region” for Latin America area

“Top 200 International Design Firms List”**

• General ranking 46th

*Based on contracting revenue from project outside home country.**Based on design revenue from projects outside home country.With a circulation of nearly 300,000 copies, ENR is one of the most important US journals for the construction industry

FINANCIAL HIGHLIGHTS (Last Five Years)

8

Revenues

Net income*

Backlog

EBITDA

3,768

4,1964,534

4,728

5,359

1000

2000

3000

4000

5000

6000

2006 2007 2008 2009 2010

1,060

1,984

2,463

2,180

2,536

0

300

600

900

1200

1500

1800

2100

2400

2700

2006 2007 2008 2009 2010

30

73

117

7762

0

20

40

60

80

100

120

140

2006 2007 2008 2009 2010

94

145

187

133 133

0

20

40

60

80

100

120

140

160

180

200

2006 2007 2008 2009 2010

€ml€ml

€ml€ml

* After minorities

9

FINANCIAL HIGHLIGHTS - Q1 2011

All figures are rounded, ensuring total sum to 100%

REVENUES: €606 mn BACKLOG: €5,127 mn

MAIRE TECNIMONT STRUCTURE

10

Engineering &

MainContracting

Licensing and IP Group Center

RenewableEnergy

E&CInfrastructure and Civil Eng.

ProcessEngineering

11

TECNIMONT: E&C BUSINESS

The main operating company Tecnimont is an international E&C player

Integrated system of services and

installations in oil, gas & petrochemicals

and power

Leading role in managing complex EPC

project worldwide from concept, through

technology selection to commissioning,

guaranteeing costs, delivery schedules

and plant operating performance

World-class patrimony of engineering and

project management expertise with high

competences in technological and process

innovation

TECNIMONT: INTERNATIONAL E&C PLAYER

MAIN ACHIEVEMENTS

About 140 polypropylene and polyethylene plantsdelivered worldwide, and a share of approximately 30%of global polyolefin capacity installed worldwide inthe last 6 years (market leader), including a 40% sharein LDPE

Largest gas treatment plant ever awarded in AbuDhabi (UAE) on LSTK basis (US$4.7 billion)

More than 230 power plant projects executed or underexecution in Italy and abroad with an installed capacityexceeding 20,000 MW

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The Company offers a wide range of competences fromfeasibility studies to front-end engineering design (FEED),technology selection and project implementation on a lump-sum turnkey basis.

• gas production and treatment, LNG liquefaction andregasification, underground gas storage, transmissionand compression, distribution and pumping stations,aromatics complexes, refinery units, propanedehydrogenation (PDH)

• historical leadership in chemicals & petrochemicals, inparticular: polymers (PE and PP), ethylene oxide andethylene glycol, PTA, ammonia and fertilizers

• complete solutions for fertilizer business includingtechnology licensing, EPC projects and O&M

Business Description

Main Clients

TECNIMONT: OIL, GAS & PETROCHEMICALS BUSINESS UNIT

13

TECNIMONT: POWER BUSINESS UNIT

The business unit, also thanks to the special know-how in state-of-the-art gas turbines inherited from Fiat Avio, has developedexcellent capabilities in Italy and abroad in EPC projects for powerplants:

• simple-cycle and combined-cycle gas-fired power plants

• coal-fired power plants

• hydro, biomass and waste-to-energy plants

• cogeneration

• re-powering

• electrical and energy distribution systems for civil andindustrial use

• district heating systems

Business Description

Main Clients

14

40 years of international experience and

about 500 people in process engineering

World market leader in licensing

hydrogen technology, with single train

capacity up to 180,000 Nm3/h.

World market leader in Claus sulphur

recovery plants, with single train

capacity up to 700 tonnes/day

15

TECNIMONT KT: PROCESS ENGINEERING

16

Core competencies, know-how & proprietary technologies:

• gas processing

(eg. Gas field and refining)

• sulphur recovery cycle

(RAR proprietary technology)

• hydrogen and syngas production plants

• high temperature technologies

(process furnaces & incinerators)

EPC expertise in gas & refinery projects

Active in R&D activities

TECNIMONT KT: MAIN COMPETENCES

17

STAMICARBON: TECHNOLOGY LICENSING BUSINESS

Stamicarbon is the official Intellectual Property and Licensing centre for the whole Group

Located in the Netherlands, offering

advanced technology services worldwide

Over 60 years experience in designing and

innovating the urea manufacturing process

World market leader in licensing urea

technology with more than 250 urea

plants licensed worldwide. Market share of

more than 50% in licensing Grass Root

Urea Plants and in Urea Revamping

technologies, and a market share of more

than 35% in licensing Urea Granulation

technology.

18

STAMICARBON: COMPETENCE AND CLIENTS

The Company sells proprietary know-how and delivers servicesto current and prospective urea producers.

Its main activities are:

• licensing new urea plants and urea granulation plants

• revamping existing plants, with several debottleneckingservices

• supply of proprietary equipment

• delivering Full Life-Cycle Support comprising a range ofservices, from planned inspections and maintenance,troubleshooting, to round-the-clock emergency assistance.

Stamicarbon’s continuous high-quality innovations, in closecooperation with research institutes, suppliers and customers,have lead to more than 45 patent families registered in manydifferent countries, with a total of over 500 individual patents.

Business Description

Main Licenses

19

MAIRE TECNIMONT INNOVATION CENTRE (MTIC)

“Maire Tecnimont Innovation Centre” (MTIC)

coordinates all Group’s activities related to

Technological Innovation and Research and

Development activities

It develops a common platform for steering

and directing strategic new business

initiatives across the Group’s companies in

order to increase the Group’s portfolio of

own innovative technologies and set up a

stronger coordination among all R&D

activities

It fosters a patent / know-how culture by

establishing long-term, strategic

partnerships with Universities and Research

Centres

IMP PROCESS SCHEME

Phase Decisions

Idea evaluation Filtering1

Business Feasibility 2Business feasibility

Development 3Design

developed

Validate design 4 Design works

Ready to market 5Successful market introduction

EVALUATION

IMP: Innovation Management Process

Designing and building of complexinfrastructures with the ability to combinespecialised competences.

Providing partial or global services for therealization of:

• railways including high speed/high capacity

• underground metro systems

• highways and motorways

• tunnels

Highly specialised services in re-qualification ofindustrial sites, design and build of complexworks (hospitals, universities, offices, facilities)

TECNIMONT CIVIL CONSTRUCTION

20

Designing more than one-third of the high-speed railway network in Italy

TECNIMONT CIVIL CONSTRUCTION: SPECIAL COMPETENCES

The Company provides high-technology andenvironmentally sustainable mass transport systems,with a full set of services ranging from environmentalimpact assessments

It uses the most advanced telecommunications andinformation technology network systems which leadsto enhanced levels of efficiency and passenger safety:

• Building of the Italy’s first completely automatic(driverless) underground mass transportationsystem in Turin, implementing the VAL(automated light vehicle) Technology.

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Business Description

Main Clients

22

MET NEWEN: DEVELOPING RENEWABLE ENERGY

Screening and promoting new investment’s

opportunities, as well as ensuring permitting

and financing process in energy projects

based on renewable sources

Synergy with Tecnimont EPC expertise

Main ongoing projects: biomass short chain

(Olevano Lomellina power plant) and

concentrating solar power (CSP)

MET NewEn is the Group’s company active as developer of renewable initiatives

23

MET NEWEN: PROJECTS AND RESEARCH ACTIVITIES

Olevano Biomass Power plant:

The 20 MWe plant will deliver 140 Gwhe/yof renewable energy, consuming roughly200,000 tons/year of biomass. 70% of theplant’s wood chips will come from a shortsupply chain, bringing economic andsocial benefits to the local area. The plantwill also allow reduction of emission intothe environment of more than 100,000tons/year of CO2 by replacing electricitygeneration from fossil fuel plant.

CSP research activities:

Met NewEn is now studying, incooperation with ENEA, a 30 MWe plant inSicily to demonstrate the potential ofdirect molten salts systems. It is carryingout extensive studies and acquired high-value technical know-how in CSP(Concentrated Solar Power) parabolictrough technology using molten salts asthe heat transfer fluid.

Via di Vannina, 88/9400156 Rome

Ph. +39 06 4122 351Fax +39 06 4122 35610

info@mairetecnimont.it – www.mairetecnimont.it

RomeLegal Office

Via Castello della Magliana, 7500148 Rome

Ph.+39 06602161Fax +39 0665793002

Rome

Mercator26135 KW Sittard

(The Netherlands) Ph. +31 46 4237000Fax +31 46 4237001

Sittard

Via Gaetano De Castillia, 6A

20124 Milan

Ph. +39 02 6313.1Fax +39 02 6313.9052

Milan

Viale Monte Grappa, 3

20124 Milan

Ph. +39 02 6313.1Fax +39 02 6313.9052

Milan

Via Gaetano De Castillia, 6A

20124 Milan

Ph. +39 02 6313.1Fax +39 02 6313.9052

Milan