Holiday Inn Regents Park, London, UK Evaluating market trends and future developments to ensure sustainable infrastructure.

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BOOK BY 28TH FEBRUARY AND SAVE 300 BOOK BY 31ST MARCH AND SAVE 100 SMi proudly presents its 8th annual conference Gas Storage and Transmissions 18th & 19th JUNE 2014 Holiday Inn Regents Park,

latest project developments from leading operators Evaluate the business case for gas storage Understand the investment challenges Discover how gas storage will contribute to future transmission

1 BOOK BY 28TH FEBRUARY AND SAVE 300 BOOK BY 31ST MARCH AND SAVE 100 SMi proudly presents its 8th annual conference Gas Storage and Transmissions 18th & 19th JUNE 2014 Holiday Inn Regents Park, Evaluating market trends and future developments to ensure sustainable infrastructure BENEFITS OF ATTENDING: Discuss the state and recent developments of the UK & European gas market Hear about the latest project developments from leading operators Evaluate the business case for gas storage Understand the investment challenges Discover how gas storage will contribute to future transmission networks KEY SPEAKERS INCLUDE: Daniel Urban, Manager Regulatory Affairs, RWE Gas Storage Thorsten Dinkela, Head of Business Development N&E, Shell Energy Europe Jim Craig, Managing Director, Centrica Storage Limited Gundolf Schweppe, Head of Marketing and Sales, E.ON Gas Storage David Smith, Gas Network Development Manager, National Grid Rene van der Vegt, Commercial Manager, Gas Storage Bergermeer Michael King, Managing Partner, Hydrodynamics William Cutler, Energy Security Analyst, DECC* Jan Ingwersen, Business Area Manager, European Network of Transmission System Operators for Gas Geoffroy Hureau, General Secretary, CEDIGAZ Katya Zapletnyuk, Editor, European Gas Market, ICIS Mike Madden, Managing Director, MJM Energy Richard Goodfellow, Partner, Addleshaw Goddard LLP *Subject to confirmation PLUS AN INTERACTIVE HALF-DAY PRE-CONFERENCE WORKSHOP TUESDAY 17TH JUNE Delta Hedging of Flexible Gas Assets and Contracts Hosted by: Cyriel de Jong, Founder and Director, KYOS Energy BOOK BY 28TH FEBRUARY AND SAVE 300 BOOK BY 31ST MARCH AND SAVE 100 Register online or fax your registration to +44 (0) or call +44 (0)

2 Gas Storage and Transmissions Day One Wednesday 18th June Registration & Coffee GAS STORAGE CASE STUDIES 9.00 Chairman's Opening Remarks Mike Madden, Managing Director, MJM Energy UK AND EUROPEAN MARKETS OPENING ADDRESS 9.10 European storage- Market forces vs additional regulations Market developments of storage over the last 5 years Regulations/ tools under discussion Alternative market forces & further integration of the storage market Thorsten Dinkela, Head of Business Development N&E, Shell Energy Europe 9.50 Centrica Storage Opportunity or Crisis? Securing the future of gas storage Recap on UK energy security policy and what this means for gas storage facilities Review of the commercial challenges both here and abroad current and future Risks and opportunities going forward Jim Craig, Managing Director, Centrica Storage Morning Coffee Panorama of UGS in the world Europe: challenging times for storage operators China: the birth of a giant storage market USA: Shale gas spurs a new wave of salt cavern developments Geoffroy Hureau, General Secretary, CEDIGAZ Realistic valuation of gas storage assets Finding the optimal trading decisions with gas storage assets when prices are uncertain Combining spot trading with delta hedging How much money could have been made in the past: UK and German case study results Storage valuation and hedging in a larger portfolio of assets Cyriel de Jong, Director, KYOS 1.30 Germany gas storage, problem or solution? Current state of the German gas market uncertainty, change and risk Challenges faced by new storage built in Germany Long Duration vs. Short duration storage The use of storage to increase security of supply Challenges and solutions to new storage build Gundolf Schweppe, Head of Marketing and Sales, E.ON Gas Storage 2.10 The future of the flexibility market in the Netherlands Bergermeer - doubling the Netherlands' storage capacity. Contributing to Northwest Europe's reliability of supply and creating a strong base for gas hub With current gas storage tariffs, how can the Netherlands regain its competitive advantage over neighbouring countries and stimulate development of gas storage? Shall we expect legalisation of lowered prices for gas transportation from transmission to storage? Rene van der Vegt, Commercial Manager, Gas Storage Bergermeer Afternoon Tea 3.20 Natural gas storage as a buffer to disruptions in gas supply Gas supply and market analysis support need for gas storage Economics of gas storage has value to the Republic of Trinidad & Tobago Technical feasibility of gas storage in depleted gas fields versus oil field evaluated Michael King, Managing Partner, Hydrodynamics 4.00 Panel Discussion- Which way for Europe s Gas Storage market 2014 storage market- Challenges and solutions Becoming a signal market Demand and flexibility Security of Supply Outlook to 2030 Rene van der Vegt, Commercial Manager, Gas Storage Bergermeer Gundolf Schweppe, Head of Marketing and Sales, E.ON Gas Storage William Cutler, Energy Security Analysts, DECC* Networking Lunch 5.40 Chairman's Closing Remarks and Close of Day One *Subject to confirmation SPONSORSHIP OPPORTUNITIES SMi offer sponsorship, exhibition, advertising and branding packages, uniquely tailored to complement your company's marketing strategy. Should you wish to join the increasing number of companies benefiting from promoting their business at our conferences please call: Alia Malick, Director, on +44 (0) or amalick@ smi-online.co.uk Supported by Register online at Alternatively fax

3 Gas Storage and Transmissions Day Two Thursday 19th June Registration & Coffee Networking Lunch 9.00 Chairman's Opening Remarks Mike Madden, Managing Director, MJM Energy TRANSMISSIONS OPENING ADDRESS 9.10 Role of Ukraine's transit system and storage in Russian gas supplies to Europe Historic role of Ukraine and its infrastructure in Russian gas supplies to Europe Investment need for renovation and trilateral talks between Ukraine, Russia and the EU New bypass pipeline (Yamal Europe, Nord Stream, potentially South Stream) challenge Ukraine's position as transit country Importance of Ukraine's storage and reverse flows from Europe Katya Zapletnyuk, Editor, European Gas Market, ICIS 9.50 Will there be any storage left after 2020? Can storage facilities continue to provide for security of supply into the future in spite of market developments? Will all storage operators make it through the lean years? Are there tools available to policymakers to incentivize shippers to use storage and should they be used? Daniel Urban, Manager Regulatory Affairs, RWE Gas Storage Morning Coffee Defining the future gas transmission network flexibility capability requirements The changing customer requirements from the National Transmission System Understanding the future network capability requirements against the changing requirements Potential solutions to meet these future requirements (e.g. non-asset solutions). David Smith, Gas Network Development Manager, National Grid Implementing EU s internal gas market: recent developments of ENTSOG s work on network codes Status on the ongoing work on codes for tariffs and incremental capacity Insights in the key issues being discussed with stakeholders Future developments on the network codes Jan Ingwersen, Business Area Manager, European Network of Transmission System Operators for Gas 1.30 Storage value in a dynamic market: Interactive exercise Key strategic drivers Stock levels and price dynamics Weather impact and demand volatility Stock or sell strategies Liquidity or capacity - trading versus storage? Nick White, Principal Consultant, MJM Energy 2.10 Financing gas storage Structuring the transaction Challenges and solutions Case studies Current trends in the market Richard Goodfellow, Partner, Head of Energy Markets, Addleshaw Goddard 2.50 Afternoon Tea 3.20 Gas storage in the renewable energy future Will Gas storage be the energy storage for the power system Power to gas: from vision to reality Optional value in an uncertain future Hans-Age Nielsen, Team Leader Gas Storage, Energinet.dk 4.00 Natural gas storage: strategic and regulatory issues The changing environment of natural gas storage SoS and investment Balancing obligations on storage facilities and TPA New regulatory issues Edmond Baranes, Professor of Economics, University of Montpellier 4.40 Chairman s Closing Remarks and Close of Day Two Want to know how you can get involved? Interested in promoting your services to this market? Contact Julia Rotar on +44 (0) or jrotar@ smi-online.co.uk your registration to +44 (0) or call +44 (0)

HALF-DAY PRE-CONFERENCE WORKSHOP Tuesday 17th June 2014 Holiday Inn Regents Park, London 12.30-17.

4 HALF-DAY PRE-CONFERENCE WORKSHOP Tuesday 17th June 2014 Holiday Inn Regents Park, London Delta Hedging of Flexible Gas Assets and Contracts In association with: Overview of workshop: The workshop explains how gas market trading strategies can be improved. The focus is on delta hedging, which is a trading strategy to secure the value and reduce the exposure of flexible assets and contracts. Such flexibility offers value to the owner, but this value can only be fully realized with an active trading strategy. This is explained with numerous examples, applied to gas storage, gas transport and gas swing contracts. Who should attend: Traders Portfolio managers Risk managers Transport, storage and logistics managers Programme: Registration and Coffee Opening Remarks Flexibility in energy assets and contracts. Understanding the value drivers, such as market spreads and volatility Delta hedging approach: securing the value of flexibility by regular rebalancing of the portfolio Afternoon Tea Delta hedging applied to gas storage assets, gas transportation, and contracts with volume flexibility Evaluation of hedging strategies in practice: computer exercise Closing Remarks End of Workshop About the workshop leader Cyriel de Jong is founder and director at KYOS Energy. He has been working as an advisor for the energy industry since For many energy trading companies in Europe, Cyriel has led a great number of projects related to energy market valuation, risk management, trading strategies and investment analysis. He is particularly active in price modelling, financial approaches to value energy assets and contracts, and in portfolio optimization. Cyriel completed his MSc. in Econometrics at Maastricht University, and finished his Ph.D. in financial derivatives at Erasmus University Rotterdam in About KYOS KYOS offers specialized software and advise for trading and risk management in energy markets. Our expert team has years of experience in quantitative development and advisory services in commodity markets. Our sophisticated solutions are developed to support decision making, portfolio management, investment proposals and risk calculations. Based on a solid analytical framework, KYOS offers: Software to optimize, value and manage energy portfolios Advisory services to support decisions in energy markets

5 SMi ENERGY FORWARD PLANNER 2014 MARCH European Shale Gas 5th - 6th March 2014, European Smart Grid Cyber and SCADA Security 10th - 11th March 2014, Gas to Liquids North America 12th March to 13th March 2014, Houston, USA Oil and Gas Telecommunications 19th - 20th March 2014, APRIL Social Media in the Utilities Sector 2nd - 3rd April 2014, M2M for Oil and Gas 28th - 29th April 2014, Smart Water Systems 28th - 29th April 2014, JUNE Oil and Gas Cyber Security 3rd - 4th June 2014, Oslo, Norway Utility Energy Storage Europe 18th - 19th June 2014, Gas Storage and Transmissions 18th - 19th June 2014, Meter Asset Management and Operations 23rd - 24th June 2014, JULY Big Data Analytics for E&P 9th - 10th July 2014, SPONSORSHIP OPPORTUNITIES SMi offer sponsorship, exhibition, advertising and branding packages, uniquely tailored to complement your company's marketing strategy. Should you wish to join the increasing number of companies benefiting from promoting their business at our conferences please call: Alia Malick, Director, on +44 (0) or amalick@ smi-online.co.uk

6 GAS STORAGE AND TRANSMISSIONS Conference: 18th & 19th June 2014 Holiday Inn Regents Park Workshop: 17th June 2014, London 4 WAYS TO REGISTER FAX your booking form to +44 (0) POST your booking form to: Events Team, SMi Group Ltd, 2nd Floor South, Harling House, Great Suffolk Street, London, SE1 0BS PHONE on +44 (0) EARLY BIRD Book by 28th February to receive 300 off the conference price DISCOUNT Book by 31st March to receive 100 off the conference price Unique Reference Number Our Reference E-040 DELEGATE DETAILS Please complete fully and clearly in capital letters. Please photocopy for additional delegates. Title: Forename: Surname: Job Title: Department/Division: Company/Organisation: Company VAT Number: Address: Town/City: Post/Zip Code: Direct Tel: Mobile: Switchboard: Signature: Country: Direct Fax: I agree to be bound by SMi's Terms and Conditions of Booking. ACCOUNTS DEPT Title: Surname: Forename: Address (if different from above): Town/City: Post/Zip Code: Direct Tel: Country: Direct Fax: Date: VENUE Holiday Inn Regent's Park, Carburton St, London, W1W 5EE Please contact me to book my hotel Alternatively call us on +44 (0) , hotels@ smi-online.co.uk or fax +44 (0) Terms and Conditions of Booking Payment: If payment is not made at the time of booking, then an invoice will be issued and must be paid immediately and prior to the start of the event. If payment has not been received then credit card details will be requested and payment taken before entry to the event. Bookings within 7 days of event require payment on booking. Access to the Document Portal will not be given until payment has been received. Substitutions/Name Changes: If you are unable to attend you may nominate, in writing, another delegate to take your place at any time prior to the start of the event. Two or more delegates may not share a place at an event. Please make separate bookings for each delegate. Cancellation: If you wish to cancel your attendance at an event and you are unable to send a substitute, then we will refund/credit 50% of the due fee less a 50 administration charge, providing that cancellation is made in writing and received at least 28 days prior to the start of the event. Regretfully cancellation after this time cannot be accepted. We will however provide the conferences documentation via the Document Portal to any delegate who has paid but is unable to attend for any reason. Due to the interactive nature of the Briefings we are not normally able to provide documentation in these circumstances. We cannot accept cancellations of orders placed for Documentation or the Document Portal as these are reproduced specifically to order. If we have to cancel the event for any reason, then we will make a full refund immediately, but disclaim any further liability. Alterations: It may become necessary for us to make alterations to the content, speakers, timing, venue or date of the event compared to the advertised programme. Data Protection: The SMi Group gathers personal data in accordance with the UK Data Protection Act 1998 and we may use this to contact you by telephone, fax, post or to tell you about other products and services. Unless you tick here we may also share your data with third parties offering complementary products or services. If you have any queries or want to update any of the data that we hold then please contact our Database Manager databasemanager@smi-online.co.uk or visit our website quoting the URN as detailed above your address on the attached letter. CONFERENCE PRICES I would like to attend: (Please tick as appropriate) Fee LIVE STREAMING/ON DEMAND/DOCUMENTATION Unable to travel, but would like to watch the conference live, ask questions, participate as if you were in the room? Price Total Live Streaming VAT On demand VAT (available 24 hours after the event) Access to the conference documentation on the Document Portal VAT The Conference Presentations paper copy (or only 300 if ordered with the Document Portal) PAYMENT Payment must be made to SMi Group Ltd, and received before the event, by one of the following methods quoting reference E-040 and the delegate s name. Bookings made within 7 days of the event require payment on booking, methods of payment are below. Please indicate method of payment: UK BACS Sort Code , Account Wire Transfer Lloyds TSB Bank plc, 39 Threadneedle Street, London, EC2R 8AU Swift (BIC): LOYDGB21013, Account IBAN GB48 LOYD Cheque We can only accept Sterling cheques drawn on a UK bank. Credit Card Visa MasterCard American Express All credit card payments will be subject to standard credit card charges. Card No: Valid From / Expiry Date / CVV Number 3 digit security on reverse of card, 4 digits for AMEX card Cardholder s Name: Signature: I agree to be bound by SMi's Terms and Conditions of Booking. Card Billing Address (If different from above): VAT GROUP DISCOUNTS AVAILABLE Date: Total Conference & Workshop VAT Conference only VAT Workshop only VAT PROMOTIONAL LITERATURE DISTRIBUTION Distribution of your company s promotional literature to all conference attendees VAT The conference fee includes refreshments, lunch, conference papers and access to the Document Portal containing all of the presentations. VAT at 20% is charged on the attendance fees for all delegates. VAT is also charged on live Streaming, on Demand, Document portal and literature distribution for all UK customers and for those EU Customers not supplying a registration number for their own country here If you have any further queries please call the Events Team on tel +44 (0) or you can them at events@ smi-online.co.uk

Shale Gas Environmental Summit

REGISTER BY 30TH JUNE AND RECEIVE A 300 DISCOUNT REGISTER BY 18TH JULY AND RECEIVE A 100 DISCOUNT SMi present their 5th annual conference on Shale Gas Environmental Summit 27th & 28th OCT 2014 Holiday