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HICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO THE REGISTRATION ON OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH STATE. Isbre Holding Corp. Confidential EFTA00605033 I S 8 IkE Osa Valley lsbre Holding Corp. 3 Confidential EFTA00605034 1 S B IkE Table of Contents Page I. EXE

xpand capacity and lower its unit cost while being capital lean. Due to lower U.S. raw material (bottles, caps, cartons, etc.) and labor costs, the Flexitank to U.S. strategy produces U.S. landed cost savings of approximately $4.00 per case versus the cost of importing bottled product. In 2010, following

body • Minerals in water are inorganic, cannot be processed, and must be removed ■ Natural deterrent to contamination 5 IS 8 kE EFTA00605076 Isbre Holding Corp. Exclusive Rights • Private 99-year exclusive water rights agreement • Norwegian Government permit to extract 5 million gallons per day • Cont

,000,000 Annual Maximum = $1,535,815 Annual Maximum I H 9 IS B kE EFTA00605080 Isbre Holding Corp. Landed Cost Differential Norway Bottling Flexitank Shipping Tanker Shipping Price to Distributor $12.25 $12.25 $12.25 Transportation Cost $3.44 $2.25 $0.51 Packaging & Bottling Cost $7

egian Glacier Spring Water Ir g [ 1 . THE WORLD'S BEST DRINKING WATER@ IMPORTED FROM NL El m WWWISBRE.COM EFTA_R1_01521655 EFTA02444733 Isbre Holding Corp. Unique Attributes ■ "Purest Natural Water on the Planet" ■ Long-term, exclusive control of water rights ■ Unique ability to transport water in

um = $1,535,815 Annual Maximum f • -a. 9 ISBRE EFTA_R1_01521663 EFTA02444741 lsbre Holding Corp. Landed Cost Differential Norway Bottling Flexitank Shipping Tanker Shipping Price to Distributor $12.25 $12.25 $12.25 Transportation Cost $3.44 $2.25 $0.51 Packaging & Bottling Cost $7