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Sustainable Capital

The Bridge Between Green Principles

&

The Global Financial Markets

Discussion Materials – November 2006

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I. The Vision.

- The Professionals.

- Business Model.

- Thought Leader Relationships & Strategy.

II. Green Mortgage Conduit.

III. Advisory.

IV. Capital Markets.

V. Private Equity.

VI. Success.

- Architect Of The Green Financial Ecosystem.

- Capital Raise Of A Global Startup.

- Timeline.

Agenda

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Tab I. The Vision.

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The Vision: • Sustainable Capital (the Firm) will be the Investment Bank of Choice For the Green Economy.

• Having forged relationships with Global Thought Leaders, Sustainable Capital has built a unique business culture & business model.

• The Firm has garnered the trust of Global Thought Leaders and has gained access to proprietary Deal Flow.

• Sustainable Capital will be the definitive model forging the bridge between Green Principles and the Global Capital Markets.

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The Sustainable Capital professionals possess approximately 60 years of experience in investment banking, mortgage finance, private equity and corporate strategy/business management. Collectively, the team has conducted business in 6 countries on 4 continents.

The professionals are acquainted with the rigors of building businesses and possess the requisite skills needed to successfully generate measurable social, environmental and financial returns. Derek H. Fletcher

Strategy & Human Resources

Mujahid M. AbdullahThought Leader & Origination

Experience:• 15 years of Investment Banking and Venture Capital experience (Kidder, Peabody; former division of General Electric).• Led effort to establish the Environmental Finance Group at Wells Fargo.• Associate at a CalPERS-funded, Double Bottom Line private equity fund. • Originated Technology IPOs for a boutique investment bank.

Education:• Brown University, BA.

Jerome C. WrenCapitalization & Mortgage Operations

Experience:• 12 years of Mortgage and Finance experience.• Currently, CEO of Real Estate Solutions - 6 offices, mortgage brokerage firm with 200+ professionals.• Former Financial Advisor, Morgan Stanley. Education:• California State University, East Bay.

M. Hakim DyerProduct Design & Structuring

Experience:• Approximately 20 years of Finance and Management experience.• Former CEO of U.S. Mortgage division of British financial institution (United Bank of Kuwait).• Designed specialty mortgage products and staffed successful financial startups.

Education:• Dartmouth College, B.A.• Middlebury College, M.A.• E.C.C.I.P., Paris, France.

Experience:• 12 years of Human Resources and Consulting experience.• Skill sets include Corporate Strategy, Recruitment, Training, Policies, Procedures/Legal Due Diligence.• Contracts, Negotiation & Management.• Led the Human Resources and Recruitment at a Technology Startup valued at $80 million.

Education:• Cal State University, Long Beach, B.A.

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Sustainable Capital, LLC

Green Mortgage Conduit

• The first and cornerstone product is a portfolio of Green residential mortgages.

• To compliment said mortgages, the Firm is currently building a vertically integrated, Green Mortgage Conduit.

• Thus, Sustainable Capital will securitize said mortgages and present asset-backed issuances (Green Mortgage-Backed Securities or Green MBS) to U.S. and global institutional investors for their consideration.

Capital Markets

• The Firm will design and develop an array of Green financial instruments.

• The instruments will include Green commercial facilities, small business loans and mezzanine financings.

• Also, Sustainable Capital will devise Carbon-Backed Financial Instruments.

• The Firm will have a Sales & Trading team dedicated to making markets in said instruments.

Private Equity

• Sustainable Capital will establish a world-class private equity fund (the Fund).

• The Fund is will be approximately $100 million in size.

• The Fund will be a multi-stage, multi-sector investor.

• Sectors of interest will include Green Real Estate Development, Clean Water, Energy & Clean Technology.

Advisory

• As an industry leader, Sustainable Capital has attracted Green entrepreneurs seeking capital and advise.

• The Firm is providing Green entrepreneurs with sound advice and assistance in raising capital ranging from $5 to $50 million.

• With Green Thought Leader relationships, Sustainable Capital has received a steady Deal Flow of investment-grade, Green Middle Market and Clean Technology businesses.

The Business Model for Sustainable Capital is a boutique investment bank with four business units. Sustainable Capital has and will continue to develop innovative Green financial products and services for the Sustainability sector.

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Tab II. Green Mortgage Conduit.

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Green Thought Leaders

Green Mortgage Brokers &

Green Building Professionals

Regional Banks & A Global

Financial Institution(s)

Green Mortgages Green Mortgages Green Mortgages

Green Mortgage-Backed

Securities

EU & U.S.-Based Pension Funds

EU & U.S.-Based Portfolio Managers

High-Net Worth Individuals

& Family Offices

Regarding loan origination, Sustainable Capital is holding discussions with a network of Green Thought Leaders, regional banks, mortgage brokers and a global financial institution(s). Through Sustainable Capital’s already established distribution channel, the Firm will expedite loan origination. Subsequently, Green Mortgage-backed Securities will be readily available for client demand.

Sustainable Capital

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Among investment banks, vertically-integrated Mortgage Conduits are becoming standard. Sustainable Capital’s practice will be unique because of the Firm’s Green Underwriting criteria.

Also, the Firm has already begun building a portfolio of future Green mortgage instruments such as:

• Green Mortgage version 1.0: Measures Energy & Water savings.

• Green Mortgage version 2.0: In-Door Air Quality is measured and incentives as structured to encourage healthier dwellings.

• Green Mortgage version 3.0: The construction or renovation with certified Green Building materials (Straw Bale, Adobe, etc.).

• Green Commercial Loans version 1.0: Developed by Sustainable Capital in partnership with a global financial institution.

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Sustainable Capital’s potential Deal Flow for Green mortgages reaches across the continental United States.

Northern California

Thought Leader(s):Leading Environmentalist(s).

Deal Flow:• Working relationship with BIG.• Attendance at SF Green Festival, avg. attendance in 2005 was approximately 25,000.• Green affordable housing for the Lake Tahoe/Sierra Nevada region.

Opportunity: Sustainable Capital, leader in Green Market-Rate & Affordable housing in No. CA.

Rocky Mountain Region Mid-Atlantic Region

Southwest Region Southeast Region

Thought Leader(s):Nationally-recognized Green Builder.

Deal Flow:• Mayor of Boulder, CO seeking innovative Green financing ideas.• State of Colorado enacting Green-friendly building codes.

Opportunity: Sustainable Capital, leader in Green Market-Rate & Affordable housing in the Rocky Mountain Region.

Thought Leader(s):Hakim Dyer.

Deal Flow:• State of Maryland exploring Green Real Estate Development policies.• Maryland cities pursuing Transit-Oriented, Urban infill Development.

Opportunity: Sustainable Capital, leader in the Greening of urban infill projects in the Northeast.

Thought Leader(s):Elected official, President of national County Commissioner organization.

Deal Flow:• Green Real Estate Development opportunities in historic Tuskegee, AL.• Green mortgage opportunities in 9th Ward of New Orleans, LA.

Opportunity: Sustainable Capital, leader in the Greening of rural, Southern communities.

Thought Leader(s):Nationally-recognized Green Builder.

Deal Flow:• Green Real Estate Development of 50,000 homes over 20 years outside of Phoenix, AZ.• Green mortgages sought throughout Texas.

Opportunity: Sustainable Capital, devises unique Green underwriting criteria for Green Building material for Southwest climate (Green mortgage version 3.0).

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Tab III. Advisory.

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Green Real Estate

Development

Clean Water &

Organic Agri-Business

Energy &

Clean Technology

U.S.-Based Private Equity Funds

EU-Based Clean Technology Funds

InternationalHigh-Net Worth

Individuals & Family Offices

Sustainable Capital has been approached by an array of Green entrepreneurs seeking advise and capital. The Firm’s growing domestic and international network will provide Green businesses with a global population of investors. Investors who share the values of said entrepreneurs.

Sustainable Capital

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United States

Thought Leader(s):Leading U.S. Social Justice Activist(s) & Environmentalist(s).

Deal Flow:•Access to an estimated 400 Green businesses seeking financing via Global Exchange.

Opportunity: Sustainable Capital takes leadership role as financier of choice in Clean Water and Green business sectors.

West Africa

European Union Vietnam

Thought Leader(s):Successful Malian expatriate.

Deal Flow:• Microfinance, women entrepreneurs and Clean Water project for Mali.

Opportunity: Sustainable Capital can take leadership role structuring West African Microfinance - Water bonds.

Thought Leader(s):Vietnamese Intellectuals.

Deal Flow:• Vietnamese gov’t wants to build Green Silicon Valley and a Sustainable city.• Leading Vietnamese intellectual seeks to build spas/resorts at UNESCO historic sites.

Opportunity: Sustainable Capital, leader in designing international green developments financed by the global capital markets.

Thought Leader(s):Sustainability expert(s) and Amsterdam-based financial institutions.

Deal Flow:• EU-based financial institutions are seeking authentic Green/Sustainable financial products.

Opportunity: Sustainable Capital garners Advisory assignments from EU-based banks.

Sustainable Capital’s potential Advisory Deal Flow extends around the globe.

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Tab IV. Capital Markets.

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Individuals Holding Green Credit Cards

Small/Medium-Sized

Businesses

Participating Cities & States

Carbon Credits Carbon Credits Carbon Credits

Carbon-Backed Financial Instruments

Chicago Climate Exchange

European Climate Exchange

With Thought Leaders, Sustainable Capital has developed the DNA for a unique Carbon Dioxide (Carbon) reduction program. The program would build an ecosystem linking credit card holders, businesses and interested municipalities to the global trading of Carbon credits. All participants would financially benefit and contribute to reducing Global Warming.

Sustainable Capital

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Dr. Bernard Lietaer

Experience:• Member of the team that designed and implemented the European Monetary Unit (the Euro).

Role(s):• Exclusive arrangement with the Firm to design and implement Carbon-backed financial instruments & trading system.

Opportunity: Sustainable Capital works with global Thought Leader to devise novel Carbon trading system.

Holland-Based Holding Company

Experience:• Successful and well-connected entrepreneurs, funding and incubating Green/Clean Tech. Startups. Offices in Amsterdam and San Francisco.

Role(s):• Discussing the offering of the Firm’s Green mortgages with Carbon reducing credit cards.

Opportunity: The Firm & the Dutch firm establish working relationship, promoting Sustainability.

David Johnston

Experience:• Green lobbyist in Washington, D.C. for 15 years. Working relationship with U.S. Cities/ States seeking Kyoto Protocol-like measures.

Role(s):• Exclusive arrangement with the Firm; introductions to U.S. City and State officials promoting Carbon reduction.

Opportunity: Sustainable Capital, leader in making Carbon reduction relevant to a majority of Americans.

Working together, Sustainable Capital,Thought Leaders and International Investors foresee an opportunity to do good and do well via Carbon trading.

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Tab VI. Private Equity.

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Because Sustainability is a relatively new industry, the Firm proposes a multi-stage, multi-sector private equity fund (the Fund). Initially, the Fund would invest in tangible assets and cash flow positive projects (Green Real Estate Development and Middle Market businesses). Success in those sectors will provide the confidence to pursue opportunities in higher risk areas (startups in Clean Water, Energy, Clean Tech., etc.).

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Green Real Estate Dev. & Middle Market Firms Clean Water, Organic Agri-business & Energy

Percent of Total

Startup/Seed 30%

Expansion Stage

50%

Later Stage 20%

Later Stage 50%

Early Stage 50%

Proposed Portfolio Holdings

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United States Holland

Thought Leader(s):Sustainable Management consultant, patron is a European billionaire.

Deal Flow:• Green Real Estate development projects in Northern California. Green Real Estate development projects across the Western United States.

Opportunity: Firm asked to be a General Partner in a Green Real Estate Development fund.

Thought Leader(s):Amsterdam-based holding company.

Deal Flow:• Access to EU and Silicon Valley Clean Technology startups.• Activities to be coordinated through its San Francisco office.

Opportunity: Sustainable Capital asked to consider the role of a General Partner in a Sustainability fund with a global and domestic focus.

Discussions regarding the launching of the Fund have already begun.

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Green Financial

Instruments

Network of International Investors

Green MBA

Programs

Global Thought Leaders

International Opportunities Capital Markets

Sustainable Capital is well-positioned to design and develop the Green Financial Ecosystem.