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Transcription:

2012 Doosan Fact Book

Contents Doosan Group 06 2011 Snapshot 10 Successful Business 07 Doosan Business Portfolio Change Portfolio 11 Fast & Profitable Growth 08 Major Strategies 12 Doosan s Strategy 09 Global Market Position 13 Doosan s Aspiration Doosan Infracore 34 2011 Snapshot 35 Overview 36 Our Businesses 40 Research & Development 41 Network Doosan Corporation 16 2011 Snapshot 17 Overview 18 Our Businesses 20 DIP Holdings Doosan Engineering & Construction 44 2011 Snapshot 45 Overview 46 Our Businesses Doosan Heavy Industries & Construction 24 2011 Snapshot 25 Our Businesses 28 Overseas Subsidiaries 30 Research & Development 31 Network Doosan Engine 49 2011 Snapshot 50 Our Businesses Doosan Capital / Neoplux Consumer & Service Appendix 52 2011 Snapshot 53 Our Businesses 56 Our Businesses 59 Global Network 63 Contact Information

Doosan Group Global Expansion that Extends our Reach

Contents 06 2011 Snapshot 07 Doosan Business Portfolio 08 Major Strategies 09 Global Market Position 10 Successful Business Portfolio Change 11 Fast & Profitable Growth 12 Doosan s Strategy 13 Doosan s Aspiration

2011 Snapshot Doosan Group KEY FACTS OF DOOSAN GROUP 26.3 1.7 15.1 43,264 SALES ISB 23.8 90.4% 2.5 9.6% G.total 26.3 100.0% 22.7 21.4 24.6 FINANCIAL HIGHLIGHTS 27.9 '10~'11): IFRS 26.3 24.5 21.4 22.7 21.4 24.6 27.9 0.8 1.9 1.7 22.7 21.4 24.6 27.9 14.5 18.7 15.1 09 10 11 09 10 11 09 10 11 12(E) 12(E)

Doosan Business Portfolio Doosan Group ISB (Infrastructure Support Business) 7

Major Strategies Doosan Group MAJOR STRATEGIES OVER THE LAST 15 YEARS AND FUTURE DIRECTIONS 1996 2000 2006 Operation Improvement, Program 688% 216% New start 2G Growth of people, Growth of business M&A Global M&A AES 05 IMGB IMGB 06 06 07 CTI CTI 07 DII 07 08 BNG 08 Moxy 08 09) AE&E Chennai Works Chennai Works 11 AE&E Lentjes Lentjes 11 Successful Restructuring Global

Global Market Position Doosan Group GLOBAL 3.4 26.3 12% 0.4 58% 15.2 88% 3.0 42% 11.1 1998 2011 Global Market Position 9

Successful Business Portfolio Change Doosan Group DOOSAN GROUP REVENUE Acquiring Growth Engine 24.5 26.3 90% ISB(Infrastructure Support Business) Portfolio 18.5 78% 22.7 79% 21.4 77% 77% ISB 33% 90% Inorganic Growth 67% 6.9 49% 7.2 71% 3.4 33% 98 02 04 07 08 09 10 11 Organic Growth (Unit: KRW in trillions) 1998 2011 10%

Fast & Profitable Growth Doosan Group CAGR 17.1% 26.3 CAGR 19.4% 1.7 30.1X 15.1 10.7 11.9 3.4 6.9 0.2 0.3 0.5 0.9 2.0 98 02 11 98 02 11 98 02 04 06 08 11 11

Doosan s Strategy Doosan Group WHERE TO COMPETE HOW TO COMPETE 2G : ISB Growth of People People Program Open Door Policy (DLI) 2G Strategy Growth of Business Source of Income Business Spectrum M&A Speed-Up Speed-up through M&A : Source of income :

Doosan s Aspiration Doosan Group A company operated by global standards and transparent accounting standards A company whose talented people are the source of competitiveness A company with global competitiveness joining the world s Top 200 by 2020 13

Doosan Corporation Diversified Company that Enriches Life

Contents 16 2011 Snapshot 17 Overview 18 Our Businesses 20 DIP Holdings

2011 Snapshot Doosan Corporation OVERVIEW 40,333 4,532 35,877 3,078 SALES 7,378 18.3% 5,082 12.6% 3,443 8.5% 2,294 5.7% 21,032 52.8% G.total 40,333 100.0% FINANCIAL HIGHLIGHTS '10~'11: IFRS 40,333 4,532 25,553 41,454 35,877 12,181 16,055 868 1,324 09 10 11 09 10 11 09 10 11

Overview Doosan Corporation Operation Value Operation Value Investment Value Investment Value Intangible Value Intangible Value 17

Our Businsses Doosan Corporation

Our Businsses Doosan Corporation 19

DIP Holdings Doosan Corporation DST 11 10 09 09 10 11 7,060 8,149 9,110 604 873 760

DIP Holdings Doosan Corporation SRS 21

Doosan Heavy Industries & Construction Global Leader in Power and Water

Contents 24 25 28 30 31 2011 Snapshot Our Businesses Overseas Subsidiaries Research & Development Network

2011 Snapshot Doosan Heavy Industries & Construction OVERVIEW 84,955 5,695 6,890 18,297 SALES 12,571 13.1% 29,186 30.4% 24,638 25.7% 8,544 8.9% 7,983 8.3% 13,017 13.6% G.total 84,955 100.0% 22.7 21.4 24.6 27.9 FINANCIAL HIGHLIGHTS '10~'11: IFRS 84,955 79,289 76,846 22.7 21.4 24.6 27.9 27.9 24.6 5,695 8,576 5,342 5,158 22.7 21.4 9,079 6,890 09 10 11 09 10 11 09 10 11 12(E) 12(E)

Our Businsses Doosan Heavy Industries & Construction POWER '10, '11 : IFRS 09 10 11 Backlog 47,776 56,803 84,427 Orders 24,304 43,493 52,263 Revenue 34,228 22,231 24,638 25

Our Businsses Doosan Heavy Industries & Construction '10, '11 : IFRS 09 10 11 Backlog 33,152 43,715 50,606 Orders 17,164 22,750 19,462 Revenue 7,757 12,263 12,571 09 10 11 Backlog 29,562 79,313 67,986 Orders 10,169 60,778 17,859 Revenue 9,462 27,226 29,186

Our Businsses Doosan Heavy Industries & Construction '10, '11 : IFRS WATER MSF desalination units / Reverse Osmosis (RO) plants / Multi-Effect Distillation (MED) systems 09 10 11 Backlog 7,929 21,130 14,971 Orders 346 17,686 2,386 Revenue 6,263 4,485 8,544 09 10 11 Backlog 6,510 6,945 7,275 Orders 8,461 8,361 8,311 Revenue 7,275 7,927 7,983 27

Overseas Subsidiaries Doosan Heavy Industries & Construction Doosan Power Systems Skoda Power > > Lentjes

Overseas Subsidiaries Doosan Heavy Industries & Construction VINA Chennai Works Engineering & Service) 29

Research & Development Doosan Heavy Industries & Construction Power Water Nuclear Green Technology CCS Advanced Coal Power Plant Renewable PCC Oxy Fuel IGCC (N2, O2, SOx, NOx)

> Network Doosan Heavy Industries & Construction Doosan Power System Europe, Essen, Germany Frankfurt Office, Germany Doosan Lentjes Skoda Power Doosan Power System, Crawley, UK Doosan Power System, Renfrew, UK Doosan IMGB, Romania Cairo Office, Egypt Kuwait Office, Kuwait Riyadh Office,Saudi Arabia Doha Office, Qatar Abu Dhabi Office,UAE Middle East Operations Center, Dubai, UAE Doosan Water Dubai R&D Center Dubai Office 11,132 (11.0%) 32,189 (31.9%) 20,755 (20.6%) 343 (0.3%) 25,732 (25.5%) Beijing Office, china 9,268 Shanghai Office (9.2%) Taipei Office Bangkok Office Jakarta Office, Indonesia Doosan Chennai Works Pvt.,Ltd Chennai Office, India Hyderabad Office, India Mumbai Office, India New Delhi Office, India Doosan Heavy Industries Japan Corp., Tokyo, Japan Hanoi Office Doosan Heavy Industries Vietnam Haipong Doosan Heavy Industries Vietnam(Doosan VINA) Hanjung Power Papua New Guinea Sydney Office Doosan HF Controls, TX, USA Santiago Office, Chile 683 (0.7%) Doosan Power Systems, America Ltd. Doosan Engineering & Service, Montvale, USA Schenectady Office, New York, USA Windsor Office, Connecticut, USA Doosan Heavy Industries America Corp., New Jersey, USA Doosan Engineering & Services, New Jersey, USA Pittsburgh Office, Pennsylvania,USA Doosan Hydro Technology, Tampa, USA Doosan Waer Tampa R&D Center, USA Tampa Office,USA 913 (0.8%) 101,015 (100.0%) 31

Doosan Infracore Global ISB Innovator

Contents 34 2011 Snapshot 35 Overview 36 Our Businesses 40 Research & Development 41 Network

2011 Snapshot Doosan Infracore OVERVIEW 84,631 7,085 30,087 14,376 SALES 64,867 76.6% 14,263 16.9% 5,501 6.5% Total 84,631 100.0% FINANCIAL HIGHLIGHTS '09: '10~'11: IFRS 27.9 84,631 74,819 7,085 6,765 22.7 21.4 24.6 47,166 30,087 27,518 23,118 2,312 09 10 11 09 10 11 09 10 11

Overview Doosan Infracore 35

Our Businesses Doosan Infracore DII '09:, '10, '11 : IFRS 09 10 11 15,322 59,633 64,867 2,580 5,725 5,386

Our Businesses Doosan Infracore 37

Our Businesses Doosan Infracore '09:, '10, '11 : IFRS 09 10 11 4,153 10,220 14,263-667 636 1,175 '09:, '10, '11 : IFRS 09 10 11 5,850 4,967 5,501 576 404 523

Our Businesses Doosan Infracore 2011 Capacity '11 39

Research & Development Doosan Infracore 2020 Global Top 3 Machinery 2020 Global Top 3 Machinery 140,390 159,349 123,664 4.6% 3.6% 3.6% 09 10 11

Network Doosan Infracore Geith International Ltd. EMEA Doosan Infracore Construction Equip. HQ Doosan Moxy AS Doosan Infracore China Co., Ltd. Xi an Branch Xuzhou Xugong Doosan Engine Co., Ltd. Doosan Infracore China Co., Ltd. (Construction Equip.) Doosan Infracore Machine Tools Yantai Co., Ltd. Doosan Infracore China Investment Co., Ltd. Doosan Infracore China Co., Ltd. (Forklifts) Doosan Infracore China., Ltd. Shen Yang Branch Doosan Infracore America Corp. (Machine Tools) Bobcat Company Bobcat Company Bobcat Company Bobcat Company Bobcat Company Doosan Infracore America (Engines) Doosan Infracore Europe S.A. (Construction Equip.) Doosan Infracore Germany GmbH. (Machine Tools) Doosan Bobcat Manufacturing s.r.o. Doosan Infracore Russia (Construction Equip.) EMEA Europe, the Middle East & Africa 15,327 (18.1%) China 21,092 (24.9%) Doosan Infracore China Co., Ltd. Cheng Du Branch Doosan Portable Power Japan Doosan Infracore Japan Corp. Bobcat Corp. Japan NA/O North America & Oceania 24,288 (28.7%) Doosan Infracore China Co., Ltd. (Construction Equip.) Doosan Infracore Shandong Co., Ltd. Doosan Infracore Machine Tools Yantai Co., Ltd. Doosan Infracore China Co., Ltd. HeFei Branch Total Doosan Infracore Portable Power 84,631(100.0%) Doosan Infracore Construction Equip. North America HQ Doosan Infracore India Pvt.Ltd. (Construction Equip.) Doosan Infracore India Technical Center(Machine Tool) Doosan International South East Asia Pte Ltd. (Construction Equip.) Doosan South Africa (Construction Equip.) Montabert Lyon Doosan Infracore Machine Tools Yantai Co., Ltd. Doosan Infracore Suzhou Co., Ltd. (Construction Equip.) AP/E Asia-Pacific & Emerging Markets 23,924 (28.3%) Doosan Infracore International Doosan Infracore Colombia Office (Construction Equip.) Doosan Infracore do Brasil Servic os de Suporte Comercial Ltda. Doosan Bobcat Chile S.A. Doosan Infracore China Co., Ltd. (Engines) Doosan Infracore Machine Tools Yantai Co., Ltd. Guangzhou Office Doosan Infracore China., Ltd. WuHan Branch 41

Doosan Engineering & Construction Beginning a brighter world

Contents 44 2011 Snapshot 45 Overview 46 Our Businesses

2011 Snapshot Doosan Engineering & Construction OVERVIEW 27,833-2,602 5,291 1,874 SALES 5,970 21.5% 2,929 10.5% 12,921 46.4% 616 2.2% 3,335 12.0% 996 3.6% 1,066 3.8% G.total 27,833 100.0% FINANCIAL HIGHLIGHTS '10~'11: IFRS 23,103 26,962 27,833 1,154 681 5,339 7,487 5,291-2,602 09 10 11 09 10 11 09 10 11

Overview Doosan Engineering & Construction 45

Our Businesses Doosan Engineering & Construction

Our Businesses Doosan Engineering & Construction OSS(Offshore Structures and Subsea) 47

Doosan Engine Integrated Diesel Engine Manufacturer Contents 49 2011 Snapshot 50 Our Businesses

2011 Snapshot Doosan Engine OVERVIEW 20,053 2,804 8,166 1,214 SALES 19,251 96% 802 4% G.total 20,053 100.0% FINANCIAL HIGHLIGHTS 27.9 '10~'11: IFRS 27.9 27.9 22.7 21.4 24.6 20,053 17,726 18,318 22.7 21.4 24.6 22.7 21.4 24.6 2,804 2,775 8,166 1,154 09 10 11 09 10 11 12(E) 09 10 11 09 10 11 12(E) 09 10 11 12(E) 11 49

Our Businesses Doosan Engine

Doosan Capital / Neoplux Trusted Financial Services Partner Contents 52 2011 Snapshot 53 Our Businesses

2011 Snapshot Doosan Capital OVERVIEW 2,500 148 24,846 28,056 205 SALES 17,201 69.2% 2,729 11.0% 3,418 13.8% 1,498 6.0% G.total 24,846 100.0% FINANCIAL HIGHLIGHTS '10~'11: IFRS 2,727 2,500 2,233 148 24,051 24,846 20,058 27-510 10 09 10 11 09 11 09 10 11

Our Businesses Doosan Capital 53

Our Businesses Neoplux

Consumer & Service Brand Heritage that Fuels our Growth Contents 56 Our Businesses

Our Businesses Consumer & Service

Our Businesses Consumer & Service 57

Appendix Contents 59 Global Network 63 Contact Information

> Global Network Appendix Doosan Power System, Renfrew, UK Cairo Office, Egypt Riyadh Office Kuwait Office Abu Dhabi Office Doha Office Middle East Operations Center, Dubai, UAE Doosan Water Dubai R&D Center Dubai Office Geith International Ltd. Doosan Power System, Crawley, UK EMEA Doosan Infracore Construction Equip. HQ Doosan Power System Europe, Essen, Germany Doosan Moxy AS Frankfurt Office, Germany Doosan Lentjes Skoda Power Doosan Infracore Europe S.A. (Construction Equip.) Doosan Infracore Germany GmbH. (Machine Tools) v Doosan Bobcat Manufacturing s.r.o. Doosan Infracore Russia (Construction Equip.) Doosan Chennai works Pvt.,Ltd Chennai Office, India Hyderabad Office, India Mumbai Office, India New Delhi Office, India Doosan Infracore India Pvt.Ltd. (Construction Equip.) Doosan Infracore India Technical Center(Machine Tool) Doosan International South East Asia Pte Ltd. (Construction Equip.) Doosan Engine Singapore Office Doosan South Africa (Construction Equip.) Doosan IMGB Frankfurt Office Montabert Lyon Doosan Infracore China Co., Ltd. Xi an Branch Xuzhou Xugong Doosan Engine Co., Ltd. Doosan Infracore China Co., Ltd. (Construction Equip.) Doosan Infracore Machine Tools Yantai Co., Ltd. Beiling Office Doosan Infracore China Investment Co., Ltd. Doosan Infracore China Co., Ltd. (Forklifts) Doosan Infracore China., Ltd. Shen Yang Branch Taipei Office Beijing Office Doosan Infracore China Co., Ltd. Cheng Du Branch Doosan Infracore Japan Corp. Doosan Porteable Power Japan Bobcat Corp. Japan Doosan Heavy Industries Japan Corp Doosan Infracore China Co., Ltd. (Construction Equip.) Doosan Infracore Shandong Co., Ltd. Shanghai Office Doosan Infracore Machine Tools Yantai Co., Ltd. Doosan Infracore China Co., Ltd. HeFei Branch Hanoi Office Doosan VIVA, Vietnam (Doosan Heavy Industries Vietnam) Bangkok Office Jakarta Office, Indonesia Hanjung Power Limited Doosan Infracore Machine Tools Yantai Co., Ltd. Doosan Infracore Suzhou Co., Ltd. (Construction Equip.) Sydney Office Doosan Infracore China Co., Ltd. (Engines) Doosan Infracore Machine Tools Yantai Co., Ltd. Guangzhou Office Doosan Infracore China., Ltd. WuHan Branch Doosan Infracore International Doosan Infracore Colombia Office (Construction Equip.) Santiago Office, Chile Doosan Infracore America Corp. (Machine Tools) Bobcat Company Bobcat Company Bobcat Company Bobcat Company Bobcat Company Doosan Infracore America (Engines) Doosan Power Systems, America Ltd. Doosan Engineering & Service, Montvale, USA Schenectady Office, New York, USA Windsor Office, Connecticut, USA Doosan Heavy Industries America Corp., New Jersey, USA Doosan Engineering & Services, New Jersey, USA Doosan HF Controls, TX, USA Pittsburgh Office, Pennsylvania,USA Doosan Infracore Portable Power Doosan Infracore Construction Equip. North America HQ Doosan Hydro Technology, Tampa, USA Doosan Waer Tampa R&D Center, USA Tampa Office,USA Doosan Infracore do Brasil Servic os de Suporte Comercial Ltda. Doosan Bobcat Chile S.A. 59

Global Network Appendix Doosan Corporation Electro-Materials CHANSHU T 86 512 8235 9859 F 86 512 8235 9106 HONG KONG T 852 2815 2238 F 852 2815 0016 SHANGHAI T 86 512 8235 9102 F 86 512 8235 9946 SHENZHEN T 86 755 8278 8201 F 86 755 8278 8955 SINGAPORE T 65 6862 6327 F 65 6862 6329 TAIWAN T 886 2 2791 6160 F 886 2 2790 6450 TOKYO T 81 3 3452 6261 F 81 3 3452 6267 Mottrol Doosan Mottrol Jiangyin Co., Ltd. [DMJC] Tel 86 510 8603 5260 Fax 86 510 8603 5259 Doosan Industrial Vehicle Co., Ltd. Doosan Industrial Vehicle America Corp. 2905 Shawnee Industrial Way NW, Suwanee, GA 30024 USA T 1 770 831 2200 F 1 770 831 2250 Doosan Industrial Vehicle America Corp. (Cleveland) 4350 Renaissance Parkway, Warrensville Heights, OH 44128 USA T 1 216 595 1212 F 1 216 595 1214 Doosan Industrial Vehicle UK Ltd. Unit 12, Kilvey Road, Brackmills Industrial Estate, Northampton NN47BQ UK T 44 1604 825600 F44 1604 825650 Doosan Industrial Vehicle Europe N.V. Europark Noord 36A 9100 Sint-Niklaas Belgium T 32 3 760 1644 F 32 3 760 0989 Doosan Industrial Vehicle Europe(Germany) Rolandstraße 5, 45128 Essen, Germany T 49 201 507611-28 F 49 201 507611-39 Doosan Industrial Vehicle Europe (France) ZAC La Clef St. Pierre - Buroplus 21a av. Jean d Alembert 78990 Elancourt France T 33 1 3016 2151 F 33 1 3016 2155 Doosan Industrial Vehicle Europe (Italy) 43, Via Alighieri Dante, Lissone, MB 20035, Italy T 39 39 245 7140 F 39 39 245 7257 Doosan Logistics Europe GmbH Am Stieg 17, OT Freiwalde, D-15910 Bersteland, Germany T 49 35 474 2080 F 49 35 474 20815 Doosan Industrial Vehicle Yantai Co., Ltd. Wuzhishan Road 28, Eco&Tech, Development Area, Yantai Shandong, China T 86 535 639 0550 F 86 535 639 0559 Beijing Branch No.1702, Tower 2, BoYa International Center, No.1 Lizezhongyi Road, Chaoyang District, Beijing, 100102, China T 86 010 8478 2638 F 86 010 8478 2618 Shanghai Office Room J1,19,ZhaoFeng Universe Building, 1800 ZhongShan W.Rd ShangHai,200235 China T 86 21 6440 0845 F 86 21 6440 0726 Doosan Heavy Industries & Construction Co., Ltd. Americas Subsidiaries Dosan Heavy Industries America Corp. 10th Floor, Parker Plaza, 400 Kelby Street, Fort Lee, NJ 07024, USA T 1 201 944 4554 31, 24 F 1 201 944 5022 [Newington Office] 178 Shattuck Way, Newington, NH 03801, USA T 1 603 433 5507 F 1 603 433 1060 [Pittsburgh Office] C/O Westinghouse Electric Company Suite 115C, 600 Cranberry Woods Drive, Cranberry Township, PA 16066, USA T 1 412 374 6071 F 1 724 720 0903 [Schenectady Office] General Electric Building 33, Room 202A One River Road, Schenectady, NY 12345, USA T 1 518 385 5218 F 1 518 385 4984 Doosan Power Systems [Atlanta Office] 1050 Crown Pointe Parkway Suite 1200, Atlanta GA 303385, USA T 1 770 551 5700 F 1 770 551 5753 [Sao Paulo Office] 7th Floor, Alameda Santos 787, Sao paulo, 01419-001, Brazil T 55 11 2348 0100 Doosan Enginering & Services Llc 5 Paragon Drive, Montvale, NJ 07645, USA T 1 201 746 8200 F 1 201 746 8210 Doosan Hydro Technology, Inc. 912 Chad Lane, Tampa, FL 33619, USA T 1 813 805 8800 F 1 813 623 6092 Branches Santiago Office Nueva Tajamar 481, Oficina 1103, Las Condes, Santiago, Chile T 56 2 657 3333 F 56 2 657 3343 Tampa Office 912 Chad Lane, Tampa, FL 33619, USA T 1 813 805 8800 F 1 813 623 6666 Tampa Water R&D Centerr 912 Chad Lane, Tampa, FL 33619, USA T 1 813 805 8800 F 1 813 623 6666 Asia Subsidiaries Doosan Heavy Industries Japan Corp. 2413 Mitakokusai Bldg. 1-4- 28, Mita, Minato-ku, Tokyo 108-0073, Japan T 81 3 3452 5451~3 F 81 3 3452 5624 Doosan Heavy Industries Vietnam Co., Ltd. (Doosan Vina) Dung Quat Economic Zone, Binh Thuan Commune Binh Son District, Quangngai Province, Vietnam T 84 55 3618 900 F 84 55 713 008 Doosan Heavy Industries Vietnam Haipong Co., Ltd. Km 92, National Highway 5, So Dau Ward, Hong Bang District, Haiphong City, Vietnam T 84 31 371 2710 F 84 31 371 2714 Doosan Power Systems India Pvt. Ltd. [New Delhi Main Office] 16th floor, DLF Square Building, Jacaranda Marg, Near NH-8, DLF Phase- II Gurgaon, Haryana 122 002, India T 91 124 439 8200 F 91 124 414 7006 [New Delhi Marketing Office] 515-5th Floor, Times Tower, M.G. Road(Opp. Central Mall), Gurgaon, Haryana 122 002, India T 91 124 665 3300 T 91 124 665 3345 [Mumbai Office] 501,5th floor, CNB Square Bldg. Sangam Complex, Near Sangam Cinema, Andheri- Kurla Road, Chakala, Andheri(East), Mumbai 400 059, India T 91 22 6177 0501 F 91 22 6177 0599 [Hydrabad Office] 119/ 1/F, White House, Block-3, 6-3-1192/1/1, Kundan Bag, Begumpet, Hyderabad 500 016, India T 91 40 6612 7071 F 91 40 6613 2447 [Kolkata Office] 226/1 A.J.C Bose Road, 5E Trinity Building Kolkata 700 020, India T 91 33 4003 3562~4 F 91 33 4003 3018 [Chennai Engineering Office] 5th Floor, Gee Gee Universal, No.2, Mc. Nichols Road, Chetpet, Chennai 600 031, India T 91 44 2836 6930 F 91 44 2836 6936 Doosan Chennai Works Pvt. Ltd. 18/2A, Senneerkuppam, Bypass Road, Poonamallee, Chennai 600 056, India T 91 44 6645 5555 F 91 44 6645 5500~1 Branches Bangkok Office 10th Floor, M-Thai Tower, All Seasons Place, 87 Wireless Road Phatumwan, Bangkok 10330, Thailand T 66 2 654 0690 F 66 2 654 0693 Beijing Office 19th Floor, Gateway Plaza, Tower B, No. 18 Xiaguangli, North Road, East Third Ring Chaoyang District, Beijing 100027,China T 86 10 8454 7122, 7136 F 86 10 8484 7139 Hanoi Office #1101, Daeha Business Center, 360 Kim Ma, Ba Dinh District, Hanoi, Vietnam T 84 4 6273 0545 F 84 4 6273 0550 Jakarta Office Plaza Bapindo, Mandiri Tower 20F, Jl Jend Sudirman No 54-55, Jakarta, Indonesia T 62 21 2995 0105 F 62 21 2995 0108 Shanghai Office #809, Building A, Far East International Plaza No. 319, Xian Xia Road, Chang Ning District Shanghai 200051, China T 86 21 5877 8696 F 86 21 5877 5938 Taipei Office #704, No.51, Keelung Road Section 2, Taipei, Taiwan, R.O.C. T 886 2 2739 2255 F 886 2 2739 2266

Global Network Appendix Europe Subsidiaries Doosan Power Systems Ltd. Doosan House, Crawley Business Quarter, Manor Royal, Crawley, West Sussex, RH10 9AD, UK T 44 1293 61 2888 F 44 1293 58 4321 [Doosan Babcock] Porterfield Road, Renfrew, PA4 8DJ, UK T 44 141 886 4141 F 44 141 885 3338 [Skoda Power Ltd.] Tylova 1/57, 301 28 Plzen, Czech T 420 378 185 128 F 420 378 185 900 [Doosan Lentjes GmbH] Daniel-Goldbach-Str. 19, 40880 Ratingen, Germany T 49 2102 166 1111 F 49 2102 166 2111 Doosan IMGB 104 Berceni Road, Bucharest 4, Romania T 40 21 301 2500 F 40 21 301 2701 Branches Frankfurt Office 9th Floor, Arabella Center, Lyoner Strasse 44-48 Frankfurt am Main 60528, Germany T 49 69 69 5004 0 F 49 69 69 5004 10 Middle East & Africa Branches Abu Dhabi Office # 508, Al Ghaith Tower, Hamdan Street, P.O. Box 27767, Abu Dhabi, UAE T 971 2 627 6273 F 971 2 627 6274 Cairo Office 2nd floor, Land Mark Building 1, Southern 90th Road, Cairo, Egypt T 20 2 2613 1038 Doha Office #16 Abdulla Al Kuwari Building, C Ring Road, Al Muntaza Area, Doha, Qatar T 974 4443 5201 F 974 4443 5218 Dubai Office 30th Floor, Monarch Office Tower, Sheikh Zayed Road, P.O.Box 11859, Dubai, U.A.E. T 971 4 327 5545 F 971 4 327 5529 Dubai Water Dubai R&D Center 29th Floor, Monarch Office Tower, Sheikh Zayed Road, P.O.Box 11859, Dubai, UAE T 971 4 327 5545 F 971 4 327 5596 Kuwait Office 7B, Block 49, Plot 35, Laila Commercial Tower, Salmiya, Kuwait T 965 6001 3075 F 965 2575 2001 Middle East Operations Center 30th Floor, Monarch Office Tower, Sheikh Zayed Road, P.O.Box 11859, Dubai, UAE T 971 4 327 5545 F 971 4 327 5592 Riyadh Office # 205~207, The Plaza Building (AkariyaNo. 4), Olaya Street, P.O.Box 9656, Riyadh 11423, Kingdom of Saudi Arabia T 966 1 419 1696 F 966 1 419 1995 Doosan Infracore Co., Ltd. EMEA Doosan Infracore Construction Equip. HQ Dreve Richelle 167 Waterloo B1410 Belgium T 32 23 71 68 11 Doosan Infracore Europe S.A. (Construction Equip.) Add 1A, Rue Achille Degrace Frameries B7080 Belgium T 32 478295266 Doosan Bobcat Engineering s.r.o. Doosan Bobcat Manufacturing s.r.o. U Kodetky 1810 Dobris CZ26312 Czech Republic T 420 318 532 258 Montabert Lyon 203 Route Grenoble Saint Priest F69800 France T 33 4 72 22 97 58 Bobcat of Lyon SAS Rue Champ Dolin BP 11 Saint Priest F69800 France T 33 472 79 78 73 Bobcat France Route de Nantes 44160 Pont Chateau France T 33 2 40 00 73 75 Doosan Infracore France (Construction Equip.) ZAC de la Clef Saint Pierre - Buroplus 21a, avenue Jean d Alembert Elancourt F78990 France T 33 1 3016 2151 Geith International Ltd. Grangegeeth Slane Co Meath Ireland T 353 41 9824143 Doosan Trading Ltd. (Construction Equip.) Block B Balheary Road Business Campus Swords Co Dublin Ireland T 353 1 6502000 Bensheim GmbH (Construction Equip.) Berlinger Ring 169 Bensheim DE64625Germany T 49 6251 8482 314 Doosan Infracore Europe S.A. (Construction Equip.) Heinrich von stephan Strasse 2 Langenfeld- Fuhrkamp DE-40764 Germany T 49 2173 2035218 Doosan Infracore Germany GmbH. (Machine Tools) Hans-Boeckler-Strasse 27-29, D-40764 Langenfeld- Fuhrkamp, Germany T 49 2173 85090 Doosan ADT AS Varhol Elnesvagen N6440 Norway T 47 712 68 500 Doosan Infracore Turkey Technical Center (Machine Tools) Uzuncayir Cad. NO.:31 A1 Blok, K:2, D:14, 34722 Hasanpasa, Istanbul, Turkiye T 90 216 428 5441 Doosan Infracore UK (Construction Equip.) Unit 6.3- Nantgarw Park Treforest Ind. Estate Cardiff CF15 7QU U.K. T 44 1443 845650 Doosan Infracore Russia (Construction Equip.) Kransnoprenenskaya quay 12, Office No.1503 123610, Moscow, Russia T 7 495 258 1837 Doosan Infracore Russia Technical Center (Machine Tools) Krasnaya st.1, Lubercy, Moscow Reg., Russia 140 000 T 7 495 981 83 45 Doosan South Africa (Construction Equip.) 10 Fricker Road IIIovo Boulevard IIIovo ZA2196 South Africa T 27 11 864 3933 Doosan Infracore China Investment Co., Ltd. 19/F, Tower B, Gateway. No.18, Xiaguangli, North Road East Third Ring,Chaoyang District, Beijing 100027 China T 139 1074 0224 Doosan Infracore China Co., Ltd. (Construction Equip.) 19/F, Tower B, Gateway. No.18 Xiaguangli, North Road East Third Ring, Chaoyang District, Beijing Beijing, 100027 China T 010 84782608 Doosan Infracore Machine Tools Yantai Co., Ltd. Beiling Office Room 603, Zhongchen Building No.1 Lize Zhong 2 Road, Wangjing Chaoyang District, Beijing, China T 010 64390500 (601-608) Doosan Infracore China Co., Ltd. (Construction Equip.) (Construction Equip.) No.28 Wuzhishan Road, Eco&Tech. Development Area, Yantai Shandong 264006 China T 135 0535 2797 Doosan Infracore Shandong Co., Ltd. (Construction Equip.) No.1088, Xinchengdajie Street, Muping Economic Developing Zone, Yantai Shandong 264100 China T 138 0535 1970 Doosan Infracore Machine Tools Yantai Co., Ltd. No.1, Dayu 1 Road, Eco&Tech. Development Zone, Yantai Shandong, China T 86 535 6935000 Doosan Infracore Suzhou Co., Ltd. (Construction Equip.) 10/F, Xing Hai Plaza, No.198 Xing Hai Street, SIP, Suzhou Jiangsu 215021 China T 86 0516 8773 9000 Doosan Infracore Suzhou Co., Ltd. (Construction Equip.) 10/F, Xing Hai Plaza, No.198 Xing Hai Street, SIP, Suzhou Jiangsu 215021 China T 021 64400842 Doosan Trading(Shanghai) Co., Ltd. (Construction Equip.) Room 2102-2104, Tower B, Dawning Center, 500 Hong Bao Shi Road, Chang Ning District Shanghai Shanghai, 201103 China T 86 21 3209 2288 ext.1821 Doosan Infracore Machine Tools Yantai Co., Ltd. Shanghai Office (Machine Tools) 13 Building, 140 Tianlin Road, Xuhui District, Shanghai, China T 021 54451155 812 815 Doosan Infracore China Co., Ltd. Xi an Branch (Construction Equip.) RoomA-03, 4/F, Jinye Buiding, No. 100, South Second Ring Xi an Shanxi 710065, China T 029 88376731 Doosan Infracore China., Ltd. Shen Yang Branch (Construction Equip.) Room 2306 tower C President Building, No. 69 Heping North Street Heping District, Shen Yang Liaoning 110003 China Tel 024 22812783 Doosan Infracore China., Ltd. Wu Han Branch (Construction Equip.) 4103 A, Shi Mao Plaza, No.686 Jiefang Avenue Wuhan Hubei 430020, China Tel 027 83316519 Doosan Infracore China Co., Ltd. Cheng Du Branch (Construction Equip.) F, 6F, Hongdi Building, No.153 North Kehua Road Chengdu Sichuan 610021 China Tel 028 86026029 61

Global Network Appendix Doosan Infracore China Co., Ltd. HeFei Branch (Construction Equip.) Room 1005 10th floor,sunan Plaza, NO.389-399 Jinzhai Road Hefei Anhui 230061 China Tel 0551 5178362 Doosan International Manufacturing China Co., Ltd. (Construction Equip.) 88 Wufang Road, Wujiang Economic Development District Wujiang Anhui 215200 China Tel 138 6204 1916 Doosan Infracore China Co.,Ltd.(Engines) 1800 Zhongshan W.Rd. Shanghai, 200233 China Tel 86 21 6440 3050 Xuzhou Xugong Doosan Engine Co., Ltd. 221-004 7F, XCMG, Industry Area No.1, Xuzhou Economic Development Zone, Jiangsu, China Tel 86 0516 8773 9000 Doosan Infracore Machine Tools Yantai Co., Ltd. Gunagzhou Office Room No.4019-4021, CHINA SHINE Plaza, NO.9 Lin He Xi Road Tian He District, Guangzhou Guangdong,China Tel 86 20 3810 6524 Doosan Infracore Machine Tools Yantai Co., Ltd. Chongqiing Office 6-5 Starlight Mansion, 1th Starlight Road, Hi-Tech Park, Nothern New District, Chongqing, China Tel 023 63111486 Doosan International South East Asia Pte Ltd. (Construction Equip.) 42 Benoi Road Jurong 629903 Singapore Tel 65 6499 0200 Doosan Infracore India Pvt.Ltd.(Construction Equip.) 3rd Floor, TNPL Building No.67, Mount Road, Guindy Chennai 600032 India Tel 91 99 4064 8687 Doosan Infracore India Technical Center (Machine Tools) Site No 143-B2, B3&B4, Bommasandra Industial Area. I&II Phase, Hebba Godi village, Attibele Hobli, Anekal Taluk, Bagalore, India Tel 91 080 4266 0110 Bobcat Corp. Japan 636 Morooka-cho Kohokuku,Yokohama 222-0002 Japan Tel 81 45 532 0151 Doosan Infracore Japan Corp. Doosan Portable Power Japan 2402, mita Kokusai Bldg, 1-4-28 Mita, Minato-Ku Tokyo 108-0073 Japan Tel 81 3 5730 9011 Doosan Infracore Construction Equip. North America HQ 400 Perimeter Center Terrace Suite 750 Atlanta GA 30346 USA Tel 1 770 353 3800 Doosan Infracore Construction Equip. 400 Perimeter Center Terrace Suite 750 Atlanta GA 30346 USA Tel 1 770 353 3883 Bobcat Company PO Box 128 210 1st Ave NE Gwinner ND 58040 USA Tel 1 701 678 6241 Bobcat Company 250 East Beaton Drive PO Box 6000 West Fargo ND 58078-6000 USA Tel 1 701 241 8700 Doosan Infracore Portable Power 1293 Glenway Drive Statesville North Carolina 28625 USA Tel 1 704 883 3586 Bobcat Company 521 South 22nd Street Bismarck North Dakota 58504 USA Tel 1 701 222 5466 Bobcat Company 2101 11th St N Wahpeton ND 58075 USA Tel 1 701 451 7003 Doosan Infracore America (Engines) 2905 Shawnee Industrial Way NW Suwanee, GA 30024 USA Tel 1 770 831 3481 Doosan Infracore America Corp(Machine Tools) 19 Chapin Rd, Pine Brook, NewJersey 07058 USA Tel 1 973 618 2500 Doosan Infracore America Midwestern Technical Center (Machine Tools) 1701 F Howard Street Elk Grove Village, IL 60007, USA Tel 1 847 437 1010 Doosan Infracore America Western Technical Center (Machine Tools) 488 W. Meats Ave. Orange, Ca 92865, USA Tel 1 714 974 1330 Doosan Infracore America Eastern Technical Center (Machine Tools) 2906 Business Park Drive Building C, Memphis, TN 38118, USA Tel 1 901 362 5192 Doosan Infracore America Southern Technical Center (Machine Tools) 10010 Houston Oaks Drive, Houston, TX 77064, USA Tel 1 832 912 2000 Doosan Portable Power Canada 1185 Matheson Blvd,East Mississauga, ON L4W 1B6 Tel 1 905 206 0022 Doosan Bobcat Chile S.A. SAN IGACIO #701 Parque Industrial Buenaventura Quilicura SantiagoChile Tel 09 138 75 10 Doosan Infracore International (Construction Equip.) Blvd. Centro Industrial No. 11. Tlalnepantla, Edo de Mexico.C.P.54070 Mexico Tel 52 55 8503 6600 Doosan Infracore do Brasil Servic os de Suporte Comercial Ltda. (Construction Equip.) Alameda Santos 2222 CJ52, 5a andar, Cerqueria Cesar CEP 01418.200 Sao Paulo Brazil Tel 55 11 3061 3227 Doosan Infracore Colombia Office(Construction Equip.) Calle 63A No. 21-36 Oficina 301Edificio Circulo de Ingenieria Bogota Colombia Tel 57 1 803 2521 Doosan Engineering & Construction Co., Ltd. Doosan Vina (CPE Plant) Dung Quat Economic Zone, Binh Thuan, Binh Son, Quang Ngai Province, Vietnam Tel 84 55 3618 900 Fax 84 55 3618 954 Houston Branch Office 4900 Woodway Drive, Suite 725 Houston, Texas 77056, U.S.A. Tel: 1 713 961 4646 Fax: 1 713 961 4647 Cambodia Branch Office Phnom Penh Tower 12F, #445, Monivong Blvd (st.93/232), Khan 7 Makara, Phnom Penh, Cambodia Tel 855 23 99 25 02 Fax 855 23 99 25 03 Russia Office Office 1503, Entrance 3, World Trade Center Kras nopresnenskaya emb. 12, Moscow, 123610, Russia Tel: 7 495 258 1775, 1776 Fax: 7 495 258 1837 Doosan Do Brasil Participacos Ltda Avenida das Americas, 3434, Bloco4, Sala 319 Centro Empresarial Mario Henrique Simonsen 22640-102-Rio de janeiro-rj-brajil Tel: 55 21 9671 7447 Doosan Engine Co., Ltd. HAMBURG Heidenkampsweg 100, 8 O.G, Hamburg, Germany 20097 Tel 49 40 2533 5656 Fax 49 40 2533 5661 SHANGHAI Room C.23F Huadu B/D #838 Zhangyang Road, Pudong, Shanghai 200120, China Tel 86 21 6875 0876 Fax 86 21 6875 0864 SINGAPORE 78,ShentonWay,#16-04, Singapore 079120 Tel 65 6222 5515 Fax 65 6222 5525 Doosan Marine Industry(Dalian)Co., Ltd. [DMI] Dagushan Nangang Industry Park, Development Zone, Dalian, P.R. China. P.C. : 116601 Tel 86 411 8751 7957 Fax 86 411 8751 7956 Doosan Capital Co., Ltd. BEIJING 20/F Tower B, Gateway, No.18 Xiaguangli, North Road East Third Ring, Chaoyang District, Beijing 100027, China Tel 86 10 8454 7200 Fax 86 10 8454 7102 Doosan Advertising Company BEIJING 19th FL., Tower B, GATE- WAY, No.18 Xiaguangli, North Road East Third Ring, Chaoyang District Beijing 100027, China Tel 86 10 8454 7185~7188 Fax 86 10 8454 7190

Tel : 02-3398-1081 Fax : 02-2-2285-5188 www.doosan.com

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