The Pearl Marina DevelopmentEntebbe, Uganda

April 2013

General

Pearl Marina

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Pearl Marina development, a 300 acre prime property on the Garuga Peninsula, is owned by Pearl Marina Estates Limited, a member of Centum Investment Group www.centum.co.ke

The property will be developed as a premium integrated water front destination and resort town and a premier Uganda tourism asset.

Through trade, investment and the creation of thousands of employment opportunities in construction, real estate and tourism, the development will make a significant contribution to socio–economic development in the region

The development provides premium tourism and residential facilities including hotels, conference facilities, luxury apartments, villas, a golf course, marinas, hospital, international school, modern office park and a retail centre

The development is scheduled to break ground in Q2-2014

Centum

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Project BackingCentum Investment Company Limited is the largest listed private equity company in Eastern Africa

VisionTo be Africa’s foremost investment channel

Assets Under ManagementOver USD 250 million

Credit RatingLong term rating A-(KE)*

Business LinesPrivate Equity, Quoted Private Equity and Real Estate & Infrastructure

Portfolio CompaniesThese include blue chip companies such as Coca Cola bottling companies, UAP Group, Aon, NAS Servair, Kenya Wine Agencies and General Motors East Africa.

*Global Credit Rating Co - www.centum.co.ke

Pearl Marina Vision

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• Pearl Marina, a premium integrated world-class waterfront destination address, recognized as the number one tourism destination in East Africa and beyond will:

• Attract a diverse group of visitors and residents

• Optimize spend in the commercial and leisure developments

• Serve the needs of a diverse group of people

• Optimize and build value from the unique Island-lake setting by creating a modern lifestyle

Ugandan

Investors

Diaspora

Expatriates

Master Plan

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• The development will integrate:hotels, conference facilities, residential apartments, villas, golf course, marina, hospital, international school, modern office park and a retail centre

• The total built up area is 650,000 M² when completed

Location

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• Connected to Entebbe-Kampala via Garuga road

• Close proximity to Entebbe airport

• 10 km East of Entebbe and 20 km to Kampala

• Set on partially developed peninsula that has shoreline on Lake Victoria

• Linked to both Kampala and Entebbe by Lake Victoria

Project Status

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Completed

Significant Progress

Milestones

Land acquisition

Market research

Transport Impact Assessment

Master plan Approval by Wakiso Council

Engineering Feasibility reports

NEMA Approval

Water Abstraction permit

Ground breaking in Q2 2014

Social-Economic Benefits

The development will create numerous opportunities for investments in:

Social facilities (school and hospitals) Hotel, marina, golf course and promoting Uganda as a tourism destination

Create numerous employment opportunities in real estate and tourism related activities.

Promote fishing by setting up a fish market as part of phase 1 development

Promote tourism and increase tourist spend

Increase foreign direct investment

Increase supply of housing units and infrastructure development

The development represents an investment of US$99,531,004 in phase One and US$ 901,691,117 when complete, with significant positive impact to Uganda’s GDP

Marina Concept

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The marina will offer:

1. Ferry terminal2. Water sports3. Boat services

Market Research

“The distinctive attraction of Uganda as a tourist destination arises out of the variety of its game stock and its unspoilt scenic beauty, substantial natural resources for tourism”

(Fernridge Consultants,2012)

Beach Concept

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The beach will comprise:

• Private beach• Public beach

Hotel resort Concept

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The hotel will offer:

• Conference facilities• Accommodation

Market Research

A good level of occupancy of between 60% to 70% was recorded at most of the prominent hotels and resorts.

“We are of the opinion that conference facilities should be included in Pearl Marina development”

(Fernridge Consultants, 2012)

Golf Course Concept

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• A unique world class 9 hole golf course designed by Golf Data

Market Research

“The entire development will act as a regional destination and the proposed golf course will generate synergy for the other uses”

( Fernridge Consultants,2012)

Luxury Apartment Concept

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The apartments will offer:

• Breath taking sceneries overlooking the golf course

The Development Team

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Pearl Marina Estates Limited

Developer

Athena Properties LtdDevelopment & Project

Managers

GAPPUrban Planners

YMRQuantity Surveyors

New Plan MEP Engineers

BOGGERTMAN Architects

FERNRIDGE Market Consultants

WSPEngineers

5th Dimension Architects

Centum Investment Company Ltd.International House,5th Flr. Mama Ngina St.PO Box 10518-00100Nairobi, Kenya

Tel +254 20 316303Mobile +254 722 205339Fax +254 20 223223Email info@centum.co.kewww.centum.co.ke