MANDEL AIRPLANE FUNDING AND LEASING CORPORATION

PROJECT FINANCE

1. PRESENTATION OF PROJECT OWNER/BORROWER

Company Name:

Address:

Telephone:

Fax:

Main Activities:

Authorized Capital: Local Currency

Paid-up Capital: Local Currency

Shareholder's Names with Percentage of Shareholder's:

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2._________________________________ ___%

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Board of directors:

President

1.

2.

3.

4.

5.

6.

7.

8.

9.

10

11

12

2. PROJECT DESCRIPTION, LOCATION AND SITE

Name of Project:

Description of Project:

Land Area;

Exact Location and Address

3. BREAKDOWN OF MAIN PROJECT COMPONENTS

Local Currency USD

Cost of Land

(Current Valuation of Land

as is)

Infrastructure Cost

Furniture, Fixture and equipment

(F.F.E.)

Interest on Loan During

Construction Period

Financial Charges (Origination Fee)

Unforeseen

All fees and Expenses

TOTAL COST OF PROJECT

Remarks: Up to 50 Million US dollars Loan: 5.5%

more than 50 million USD loan = 5% and decreasing accordingly

Breakdown of Existing Debt Loans:

4. TYPE OF LOAN REQUESTED:

5. LOAN AMOUNT REQUESTED

Local currency equivalent US$

Use of the Loan Proceeds:

Local Currency USD

Infrastructure cost

Construction Cost

F.F.E.

Interest on Loan

Financial Charges

Unforeseen

TOTAL

6. LOAN PERIOD REQUESTED:

7. AVAILABILITY OF EQUITY:

8. SECURITY/GUARANTEES/GUARANTOR/COLLATERAL OFFERED:

9. EXISTING FEASIBILITY / VIABILITY STUDY AND UPDATED APPRAISAL:

POWER GENERATION/SITE QUESTIONNAIRE

1. Geographical description, survey of site with dimensions, access/etc?

2. Geological information regarding earthquakes, volcanic activity, etc?

3. Availability of water for cooling, (ponds, lakes, streams, etc.)?

4. Permission from Government Authorities to build on the site?

5. Protection from labor problems resulting from use of the site?

6. Labor requirements local to the area, hiring responsibilities?

7. Legal support from local Attorneys to settle disputes with locals?

8. Availability of building materials, cement, gravel, etc?

9. Waiver of Government imposed taxes, fees, tariffs, and charges on Contractor?

10. Site layout from a planning standpoint (to allow for future growth)?

11. Grading of site by local contractors building access roads?

12. Construction of cable ways, sanitary plumbing, storm drains?

13. Availability of access for equipment, personnel, etc. (No custom duties,, etc)?

14. Accessibility to highways and railroads or bringing in equipment?

15. Availability of cranes and lifting gear to unload and install equipment?

16. Distance from electrical grid connections from site?

17. Coordination and responsibility of connecting to grid (who does it)?

18. Location of fuel supply, delivery of fuel to site, termination interface?

19. Who is responsible for interface to fuel supply?

20. Environmental responsibilities and criteria for operating equipment?

21. Site elevation, ambient temperatures by season?

22. Wind direction and speed norms at site?

23. Atmospheric pressure variations by season?

24. Identification of Liaison Personnel to assist with construction program?

25. Clear-cut mandate to proceed with construction without interference?

26. Support requirements such as housing, food, transportation at or near site?

27. Visa requirements and work permits needed by contractor personnel provided?

POWER GENERATION QUESTIONNAIRE

1. Size of Unit/in MEGA WATTS ("MW")?

2. Status of equipment, preferred, I.E?

a. Used Equipment

b. Remanufactured equipment with warranty, (Oked by exirn EXIM Bank).

c. New Equipment

3. Simple cycle or combined cycle unit(s)?

4. If surplus steam is available (from and industrial plant), what are the steam conditions? (Volume, Pressure, Temperature)

5. Equipment purchase only or complete turnkey operation? (If turnkey, please see attached "Power Generation/ Site Questionnaire" must be completed by Client/Buyer and returned to Mandel Airplane Funding and Leasing Corporation before Construction/ Installation charges can be assessed.)

6. Preferred fuel, choice (s)?

a. Natural Gas

b. Coal

c. Naphtha

d. Fuel Oil

e. Diesel

f. Hydro

g. Nuclear