DBJC II

completed

Detroit Belarus Juice Company (DBJC) is a Cyprus based investment holding company, whose sole asset is a 100% shareholding in FE Staraya Krepost, the operating company that owns the juice plant in Bobruisk, Belarus. IFC is currently a 20% shareholder in DBJC by way of IFC’s $2 million equity investment, dated April 2008. DBJC is currently proposing a $6.37 million expansion project in order to: i) acquire equipment to launch contract production of soft drinks in PET format with a view to entering a new and much larger segment of the soft drinks market providing better value to consumers; ii) expand its warehouse capacity in order to accommodate a higher production and sales volume; and iii) invest in working capital to support growing sales. The project is proposed to be financed by way of conversion of shareholder loans into equity and fresh cash equity injection by IFC.