Baron Traders Limited

Don House, 30 38 Main Street, Gibraltar. Registered Number: 105368. Tel: +44 (0) 203 137 4400 www.barontraders.com enquiry@barontraders.com

UNIQUE SELLING POINTS OF OUR CER CREDITS

The credits we are offering to clients are Phase III prepared green credits. These credits allow for changes already implemented and those in the pipeline within the compliance market. They are live credits and can be traded at any time including during Phase III USPs of the Certified Emissions Market: Holds the backing of 191 governments, emphasising safety. Overseen by the European Commission and the UNFCCC. Flexible exit strategies including DMA, Governmental Auctions and Tier 1 Market Counterparties. Recent news includes; South Korea to purchase 120 million CERs by 2020. EU Airlines to purchase CERs to offset emissions. HM Treasury 2013 16 price floor. Australia to purchase 520 million CERs by 2020. Market currently worth in excess of $120 billion. Market forecasted to grow to 1 trillion by 2020. Profitable. Clients should comfortably see 15-18% projected profit over a 12-18 month time frame. Safe - all clients have their CERs held on a UK Government registry account.

Baron Traders Limited

Price Projections for 2013 + phase 3 of the EU ETS CER Price Estimates 2013 P3 Barclays Capital 14.00 17.00 Citi Group / / Deutsche Bank / / MF Global / / Nomisma Energia 13.00 17.40 Point Carbon 13.50 16.50 70 Watt 13.00 16.00 Schwartzhal Kapital 20.00 22.00 Soc Gen/Orbea 17.00 25.10 Tschach Solutions / / Uni Credit 12.30 16.50 Average 14.69 18.64

The above obviously adds credibility to the market which is why it is currently such a popular investment area among retail and corporate clients. That coupled with the compliance aspect of the market undoubtedly offers not only a good hedge but security and peace of mind.

Baron Traders Limited