Eden Innovations Ltd · ASX:EDE

Eden Innovations — Eden Energy — Shareholder Meeting (November 2006)

46 slides from Eden Innovations's shareholder meeting presentation, Nov 30, 2006

1. Slide 1: Eden Energy Ltd: A Major Alternative Energy Opportunity

   ) Eden Energy Ltd A Maj or Alternative Energy - Opportunity Presentation by: Greg Solomon, LLB Executive Chairman 30 November 2006

2. Slide 2: Corporate Overview

   © foentnergy ltd Corporate Overview Natural Gas Coal Seam Gas Cryo-storage Pyrolysis SMESS

3. Slide 3: Cet,

   Cet,

4. Slide 4: Hythane Company LLC

   O& Faen treats “Hythane Copa LLC | A ue owned subsidiary « of Peden Energy/Brehon Energy _ PRODUCTS C . , Hythane® technology. a mixture of natural gas & _ _ hydrogen _ : ° » Hythane® - production and dispensing equipment : _ + Cryogenic technology - ne storage/pipes/valves ¢ 14,000 sq. ft. R & D Fa

5. Slide 5: World Class Technical Team

   ©: Fen nner ld “World Class T echnical Team : oa Ta ened tue 5 5 years HD experience a Tom ro 50 years: NASA related H2 projects — _ _-wrote leading, texts on cryogenic ue <1 Dr Bob Rudland- 30 ‘years experience in H2i in aerospace : « Dr Glen McIntosh- 30 years. NASA H2 fabrication expert + Greg Eg

6. Slide 6: Patents and Trademarks

   © Een ery ed - Patents and Trademarks . Hythane® Paar USA gene . : Hythane ® Blender- Worldwide a. . - Cryogenic Storage Tank- Worldwide (application) _ _ ~ Portable Superconducting Battery- Worldwide (application) . - 0 Be (y LNG/ oe Worldwide Gopiate®) | _ . Hythane @Trademark-USA, Canada, Austral

7. Slide 7: Hythane: the transition fuel

   © Eten brrgyed " Hythane®-he ti transition fuel | . Low cost technology proven ¢ over 15 years. : . ‘Uses existing Natural Gas/H, infrastructure. 5-7 % o by Energy F H. IN atural. gas (no high purity “50% NO, ‘reduction compared with NG - - Suitable for CNG / LNG/Dual fuel

8. Slide 8: Hythane Operating System

   Eden Energy ltd Hythane® Operating System Controller Target - all Natural Gas vehicles, with buses as the primary market se = additions/modifications to a standard Natural Gas system

9. Slide 9: © foen tnergy ltd

   © foen tnergy ltd

10. Slide 10: LNG Vehicles in California

    © Leen tnergy lta LNG Vehicles in California | LA/DoE Clean Corridor Project —

11. Slide 11: Target markets for Hythane

    © foentnergyltd Target markets for Hythane® Pe ase" Lamu a Aisi Nias SN ia Coa d All Natural Gas Markets

12. Slide 12: Factors driving transition to Hydrogen

    es Her Energy : Factors driving t transition to Hydrogen 7 Peak j in elbal oil produetion. / oil prices a : : _ - Concern ¢ over dependence on » Middle East oil Concern o over global ¢ climate change L seine _ e Local Air Pollution- NO,

13. Slide 13: Hythane: leveraged use of hydrogen

    © Eden ye -Hythane® - leveraged u use eof hydrogen 5-7% hydrogen( by energy)= 50% NO, reduction Hythane® reduces NO, by 7+ times more than if used as pure H,

14. Slide 14: Hydrogen sources

    s&s Eien, nergy : oe Gas oo a e a c N- 2. a f a x = N a Cc 2 2 “(eg g. “Steel mills, Chlor-alkali and Glass ss Plants) ¢ Low purity (90% +) H, suitable for Hythane ®

15. Slide 15: Effect of Hydrogen Addition Near Lean Limit

    Eden Energy Ltd Effect of Hydrogen Addition Near Lean Limit Lu 2 td or Lid fie Le o an a Lis: Ss OT oa 03 EQUIVALENCE RATIO,

16. Slide 16: Hythane meets Euro-5

    Eden Energy Ltd Hythane® meets Euro 1 -5 NO, & PM emissions over the Braunschweig city bus cycle A meee EUROS/EEV seme EURO —EURO3 EURO2 ——EUROI Diesel Euroi Diesel Euro2 Diesel Euro3 NOx (g/km) Diesel + CRT Euro 2 & 3 CNG Euro2 CNG Euro3 Hythane CNG EEV Euro5/EEV Performance Projection Hythane NB:

17. Slide 17: Hythane Projects

    Oe . _ "Hythanes Projects - “196 990 HCI pickup truck - frst 3 Hythane® vehicle o 992 Denver - 3 light truck comparison project a 995- 96. Montréal - a bus pilot project 2002. 04 Palm Series California. 4 bus pilot project _ 2005 China -Yuchai engine conversion 2006-07 Projects planned- USA, India,

18. Slide 18: First Hythane Vehicle 1990

    -Faten Energy lid - First Hythane® Vehicle 1990. Lien 5% Hydrogen (by Energy Content), Balanced CNG Tanks Under Truck Give 250 km Range

19. Slide 19: Denver Hythane Project 1993

    _ Denver Hythane® Project 1993 : ® foen Energy ltd : . 5% energy H, in CNG

20. Slide 20: Hythane Bus Projects

    © foentnergyltd : . Hythane® Bus Projects Montrea

21. Slide 21: Denver Hythane Project Results

    © ‘den Lnergy ltd Denver Hythane® Project Results ‘ HYS ' NG NG HYS NG — 2 DQ i: C A zZ © Lama N < 2 fl w 2 in fom ° = THC co NO, 50% Reductions in CO and NO,, 5% H,: Leverage Factor = 10!

22. Slide 22: Objective

    © FdenEnergyltd Objective: L > Reduce NO, > Reduce THC > Increase Efficiency — 3 interdependent parameters in adjusting a lean burn CNG engine for Hythane®. Changing any one affects the others.

23. Slide 23: Yuchai Hythane Engine Data

    © fuentnergy lt _ . _ . a __ - Yuchai Hythane® Engine Data — Yuchai YC6G260N Emissions Results European Stationary Cycle __ @ CNG baseline @ Hythane 7% H2 by energy Normalized Values 2° » Power Thermal Total Oxides of Efficiency Hydrocarbon Nitrogen

24. Slide 24: Yuchai Euro IV Hythane Emissions

    © Leen fnergy lta Yuchai Euro IV Hythane® Emissions Euro ill Euro iV HY-7

25. Slide 25: Indian Hythane Marketing Progress

    © Faden Energyltd Indian n Hy thane? Marketing Progress | “Aims: - to convert CNG bus fleets to o Hythane® . — * to convert CNG taxis, autorickshaws to Hythane® - ‘to target fleet truck operations. -CNG Dual el Agreement for first Hythane® engine conversion. “Hythane® demonstration proj ject planned

26. Slide 26: USA Hythane Marketing Progress

    > Eden fn Energy _USA Hythane® Marketing Progress _ Near Zer0 Emission Fuel under n new emission n standards _ oA First DoE contract for Hythe hydrogen engines _ under negotiation in California and northeast USA ¢ Growing interest from all relevant parties

27. Slide 27: Possible interest in Hythane bus demonstration in Perth

    © fen nero lid c ‘ Possible interest i in n Hythane ® bus demonstration _ pre ject i in Perth to use Hy i infrastructure “Interest in developing Hythane @ ® for . LNG / Dual Fuel . slocomotives * gas turbines

28. Slide 28: Chinese Hythane Marketing Progress

    ©. ten nbregy ld Chinese Hythane® Marketing Progress 6 MOUs signed i in 2005 = e = = @) ss s 5 oO. a 4 2 B ne Ss 5 = e —_ <= a a 2 3 = ° Central Government and Academic Support

29. Slide 29: © Loentnergyltd —

    © Loentnergyltd —

30. Slide 30: Supercritical Cryogenic Storage

    © Ean Eero _ - | : | Supercritical Cryogenic Storage : 7 ° Suitable for LNG, Hythane, Hydrogen . + Single phase — “no u lage, low pressure ‘operation | / _- + Volume, weight and dimensions are e smaller | | < * Long term standby oss is lower 2 Greater safety — minimizes s potential for . _ ~ detonat

31. Slide 31: Storage Comparison

    Eden Energy ltd Storage Comparison - 5kg H, Storage Index g x 6 > — x Gi} 3 € = C) rm) & 5 2 a Compressed Gas Compressed Gas Liquid Hydrogen Supercritical (350bar ) (700bar) Hydrogen

32. Slide 32: Liquid Hydrogen Storage Tanker

    © fuen Energy lid 13, 000 gal Liquid Hydrogen Storage Tanker i hi Moi { hag WOE 2 Wie

33. Slide 33: Superconductivity Magnetic Energy Storage System

    © (den Energy lid Superconductivity Magnetic Energy Storage System iid Hydro pen Relief Valve SMESS Battery Cryogenic container and method for shielding a cryogenic fluid to make a superconductivity magnetic energy storage system (SMESS)

34. Slide 34: South Wales

    Ce) |... "South Wales | Coal Bed Methane Petroleum | eee

35. Slide 35: South Wales Coal Rank and Volatile Matter

    © fen Energy ltd South Wales Coal Rank and Volatile Matter

36. Slide 36: South Wales Coalfield & Potential Markets

    Faden Energy Ltd South Wales Coalfield & Potential Markets

37. Slide 37: South Wales Strategy

    e: Eden fray _ _ “South Wales Strategy / . Produce methane for use as Hythane®, gas or st - / . Drilling and testing of CSM - ~Q12 2007 - . ‘Drilling AMM — -QL 2007 : - Seismic | survey - Conventional - QI 2007 : | 2. AIM listing to raise funds for oe : : Drilling Conventional targets Q3/4 2007

38. Slide 38: ee r—r—(_OO—i—i‘(C(‘(‘(‘(‘(‘(‘(‘(‘(‘(‘(‘(‘(<‘(‘(‘i‘i‘is

    ee r—r—(_OO—i—i‘(C(‘(‘(‘(‘(‘(‘(‘(‘(‘(‘(‘(‘(<‘(‘(‘i‘i‘is

39. Slide 39: South Australian Hydrocarbons

    © fen Energy ltd South Australian Hydrocarbons 20 Kilometers Arthur Hill Anticline Roxby Downs (Olympic Dam Mine)

40. Slide 40: Interpreted Gas pockets on re-processed seismic

    Eden Energy ltd Interpreted Gas pockets on re-processed seismic BRIGH SPOTS

41. Slide 41: Ceo: ——rrtrti‘_‘_—C,.—C.LUC..—=<—C—CS——CC __

    Ceo: ——rrtrti‘_‘_—C,.—C.LUC..—=<—C—CS——CC __

42. Slide 42: Eden's SA Geothermal Exploration Targets

    Eden Energy Ltd Eden’s SA Geothermal Exploration Targets Degrees C ay OBI TOES ia Eden Energy t MMMM Granted GELs [....| GEL Applications

43. Slide 43: Strategic Plan Highlights

    © Fdenfnergyltd _ - Strategic Plan Highlights _ : - , HYDROGEN - develop and market new technologies / for production, use and storage of Hydrogen aD _.- - Hythane® - India, US, Australia Rollout / : - - Low-cost CO,- -free H, production R&D | _ - Cryogenic storage for Hydrogen, Hythane®, LNG . - Po

44. Slide 44: Projected Revenue Sources

    ) fen Energy ltd . . " Projected Revenue Sources “Early ¢ cashflow potential... _ - Cryogenic division ( current) . /-Hythane® - Revenue Targets | Engine conversions/royalties / _ . Sales commission - controllers, engines s and vehicles. : _ Regional’ Promchise Fees - China, India, USA es - Margin o

45. Slide 45: Capital Structure

    J: Een, en erat "Capital s Structure | ASX Code fe (Tike) ie — TPO amount . / a . Issue | Price _ . $0.20. . - Total Shares (EDE) | 122.4M . Total Options (EDEO) 87.4M Current Share Price (EDE) 25cents Market Capitalisation $30.6M

46. Slide 46: Summary

    © fen fnergyltd _ Summary - . : Six major alternative energy proj jects | . Huge emerging ‘Hythane® markets | in n India, USA, China + World leading cryogenic technology and Le — + Low-cost co, -free ‘A, production R&D . Major CBM ce in Wales teady to aritt test- major . ooo ) ——Crrrti—“Ci™OCOOOCOC*

Eden Energy — Shareholder Meeting (November 2006) on 6ix