Contract being executed for 4 HRSG’s for Wasit Project in Saudi Arabia

Following a Company Audit carried out in recent months by Aramco Overseas Company, in both our Headquarters at Gallarate and in the factory at Gioia del Colle, Ansaldo Caldaie has been approved for the execution of a contract for 4 Horizontal Heat Recovery Steam Generators to operate downstream 150 MW GT at Wasit CCPP in Saudi Arabia.

Saudi Aramco is one of the most important Oil Companies in the world, and also is deeply involved in the power sector in the Kingdom of Saudi Arabia. This approval will provide strong possibilities for Ansaldo Caldaie to consolidate our presence in the market.

Works are in progress, with completion of the supply of the four units scheduled in summer 2012.

We are very pleased to have the opportunity to demonstrate Ansaldo Caldaie capabilities and feel confident this contract will mark the beginning of a good relationship with AOC/Saudi Aramco.