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Press Release

New energy coming from continuity: EPC contract signed for new energy-from-waste (EfW) plant in Teesside, UK

Zurich, 29 April 2011 ­ SITA UK and Hitachi Zosen Inova AG signed on 20th April 2011 an EPC turnkey contract for a new two line energy-from-waste facility adjacent to an existing facility in Teesside. The plant is being developed for the South Tyne and Wear Waste Management Partnership as part of a Private Finance Initiative deal. The project is the most recent of numerous collaborations between SITA UK, its sister companies, and the Zurich based company. In 2008 SITA selected the Swiss technology provider - then still active under the name of Von Roll Inova AG ­ as their EPC turnkey partner for another EfW plant in Roosendaal, Netherlands. The two new lines will treat 260'000 tonnes of waste per annum, including 190'000 tonnes for the South Tyne and Wear Waste Management Partnership which comprises Gateshead, South Tyneside and Sunderland councils. It will produce electricity for the supply of approximately 30'000 households and potentially heat for local consumers. Thanks to energy-from-waste technology, the plant will help to reduce the output of CO2 by 64'000 tonnes per year. Handover of the new lines is planned for early 2014. After joint projects in Germany, England and the Netherlands, SITA UK is entrusting Hitachi Zosen Inova AG with another of their major projects. The two new lines are the Swiss EfW specialist's 4th turnkey order in the UK and the first large-scale project for the company under the new ownership of the Hitachi Zosen Corporation. The contract worth over CHF 200 Million indicates that Hitachi Zosen Inova AG remains a reliable partner for complex PFI projects. The bankability of the new owner, a history of over 400 installed plants worldwide, reliable technology and the proven in-time and on-budget project handling are all important factors for companies when they select a project partner.

About Hitachi Zosen Inova AG With some 350 employees in Switzerland, and more than 400 installed plants worldwide, Hitachi Zosen Inova is a leading global technology provider and turn key contractor in the field of Energy from Waste facilities. It offers customized subsystem and master concepts, covering planning, design and engineering, construction and operation, as well as maintenance and overhaul of Energy from Waste plants.. Since the end of 2010 the former Von Roll Inova AG belongs to the Hitachi Zosen Corporation and operates now as Hitachi Zosen Inova AG. For more information visit: http://www.hitachizosen-inova.com

About the Hitachi Zosen Corporation Hitachi Zosen Corporation is an internationally operating Japanese industrial enterprise specialising in environmental protection, industrial plants, precision and industrial machinery, marine disaster prevention, structural steelwork and construction machinery. From 1960 until recently, Hitachi Zosen Corporation was a licensing partner of Hitachi Zosen Inova AG. Its headquarters being in Osaka, Hitachi Zosen Corporation has subsidiaries in nearly all regions of Japan. It also has local presence in Singapore, Great Britain, the USA, Malaysia, China, Thailand ­ and, as of 2011, Switzerland. With 8000 employees, Hitachi Zosen Corporation brings its vast industry know-how to clients all over the world. For more information visit: http://www.hitachizosen.co.jp/english/

For further information: Hitachi Zosen Inova AG, Andres Kronenberg, [email protected]

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Microsoft Word - 20110429_EPC release with SITA and Hitachi Zosen Inova.doc