In Strategic Partnership with: MDC Systems

Panelists Include:
Robert McCue, President, MDC Systems
William Wheatley, Executive Vice-President, MDC Systems
C. Stephen Heard, Partner, Whitman Breed Abbot and Morgan
Naresh Mahtani, Partner, Alban, Tay, Mahtani & DeSilva
Jonathon Rosshandler, Partner, Nabarro Nathanson
Herbert Sears, Chairman, General Environment Corp.

ECAs and Multilaterals: How to Optimize ECA and Multilateral Participation in Your Projects in Order to Mobilize Private Capital

Panelists Include:
Adiwarman Idris, Private Sector Group, Asian Development Bank
Johan Bastin, Director: Municipal and Environmental Infrastructure, EBRD
Barbara O’Boyle, VP Project Finance, Export-Import Bank of the United States

Plus participation invited from: The World Bank, IFC, Coface, JEXIM, ECGD, EDC, HERMES, MIGA, IDB, AfDB, EIB, and CDC

Special Luncheon Address:
James Harmon, President & Chairman, Export-Import Bank of the United States

Project Finance:  Future Options for Capital Markets Financing, Project Finance and Local Finance for Infrastructure Projects

Panelists Include:
Thomas Dickson, Chief Underwriting Officer, Centre
Jan Prins, Managing Director and Head of Special Industry and Project Finance, ABN AMRO Bank

Risk Management: Optimize Political and Currency Risk Mitigation and Insurance to Achieve Attractive Long-term Economics for YourProjects

5:00pm - 6:00pm - WEDC ’99 Opening Keynote Session:
ASSESSING THE IMPACTS AND OPPORTUNITIES OF THE GLOBAL INTERNET ECONOMY ON YOUR BUSINESS

Presented by:
George P. Shultz, former US Secretary of State
Bill Joy, CTO, Sun Microsystems

Presented by:
Stanley Fischer, First Managing Director, IMF
G�ran Lindahl, CEO, ABB

Moderator:
Paul Steiger, Managing Editor, The Wall Street Journal

10:00am - 10:30am
Networking Break

10:30am - 10:40am
Water Supply and Wastewater Summit Opening Remarks

10:40am - 11:00am
Water Industry Leaders View Point:
Applying Lessons From The Energy Industry To The Water Industry To Improve The Structure Of Markets And Deals

Rebecca Mark, CEO, Azurix

11:00am – 12:30pm Session A:
Examining New Industry Case Studies And Determining Which Markets Will Offer The Best Potential

US Case Study, Tampa Bay: How Was Such a Dramatic Reduction in Desalination Costs Achieved and for Which Markets is it Now an Economically Viable Option?

• Examining the winning bid for the Tampa Bay Desalination Project
• How competition stimulates creative project structuring in order to lower costs
• Where else can desalination be a viable option?

Walter Howard, CEO, Poseidon Resources

Technology Case Study: Examining the Application of New Technologies and the Role They Can Play in Reducing Capital and Operating Costs

Richard Heckmann, Chairman & CEO, USFilter

China Case Study: Examining the Chengdu Project’s Success Factors and Establishing if it is a Model for Future BOT Water Supply Projects in China

• With 108 cities in China classified as having serious water shortages, the Chengdu model could provide the solution for these cities and be the first of a flood of new projects

Bernard Poignant, International Project Finance Director, Compagnie G�n�rale des Eaux

Central Europe Case Study: Assessing Success Factors in Current Privatization Initiatives and Determining Future Investment Opportunities in Europe

Johan Bastin, Director: Municipal and Environmental Infrastructure, EBRD

12:30pm – 2:00pm
Luncheon and Networking in the Congress Innovation Expo

Luncheon Address
Effectively Utilize OPIC Support in Your Infrastructure Projects Plus an Update on New Policy and Infrastructure Finance Initiatives

George Mu�oz, President & CEO, OPIC

2:00pm - 3:15pm
Session B1:
How You Can Overcome The Political Risks And Obstacles Of Private Participation In Water And Wastewater Projects In Key Markets

Case Study: What New Lessons Can Be Learned from the Deregulated Energy Industry in Structuring Competitive Bidding and Robust Regulatory Frameworks that Balance the Objectives of Governments and the Private Sector?

Clare Spottiswoode, Member of Management Group, PA Consulting Group & former Head of OFGAS (UK Gas Regulatory Authority)*

Brazil Case Study: Clarifying Political Arrangements, Latest Developments and the Timetable for Water and Wastewater Privatization in Brazil

Terezinha Moreira, Head of Environmental Department, BNDES

Colombia Case Study: Identifying the Necessary Project Characteristics for Multilaterals to Provide Alternatives to Sovereign Guarantees

Jean-Daniel Borgeaud, Group Head, Private Sector Development Group, Inter-American Development Bank

Indonesia Case Study: Bundling Projects to Achieve Economies of Scale that Will Attrcat Private Sector Investment

Gembong Priyono, Director General, Ministry of Public Works, Indonesia

Moderator:
Vincent Gouarne, Chief: Water and Sanitation Division, The World Bank

3:15pm –4:15pm
Session B2:
How You Can Overcome The Political Risks And Obstacles Of Private Participation In The US Water Market

Assessing the Prospect and Timetable for Removing Bond Caps to Facilitate New Private Investment Opportunities and PSP Projects in the US

• Lessons for the private and public sectors on overcoming political obstacles to privatization in the US

Hon. Patrick McManus, Mayor, City of Lynn, Massachusetts & Co-Chair, Urban Water Council, USA

US Case Study: Assessing How You Can Incorporate the Political and Technological Successes of the Atlanta Water Privatization into Your Future Projects

Larry Wallace, Chief Operating Officer, City of Atlanta, USA

Examining the Findings of the U.S. Water Report on Future Privatization and Private Sector Participation Opportunities in the $350bn US Market

• Your last chance to have input into this report before it is presented to the US Conference of Mayors in October 1999

Paul Wood, Editor, US Conference of Mayors Water Report & Director, Saringa Group Inc.

4:15pm - 4:30pm - Networking Break

4:30pm - 5:30pm - WEDC ’99 Keynote Session 3:
KEY TECHNOLOGY DRIVERS THAT WILL SHAPE YOUR BUSINESS LANDSCAPE IN THE NEW MILLENNIUM

In Strategic Partnership with Telcordia Technologies

Speakers:
Marc Andreessen, Cofounder, Netscape and CTO, AOL
William Kennard, Chairman, Federal Communications Commission

Moderator:
Casimir Skrzypczak, Corporate Vice President and Group President, Professional Services, Telcordia Technologies

Presented by:
Sir Peter Bonfield, Chief Executive, British Telecom
Kenneth Lay, Chairman & CEO, Enron Corp.
Lawrence Summers, Deputy Secretary, US Treasury

Moderator:
Robert Thomson, US Managing Editor, The Financial Times

9:30am - 10:00am - Networking Break

10:00am - 10:25am
Water Industry Leaders View Point :
Facing The Challenge Of Water Resources Scarcity: The Need For A New Vision In Public-Private Partnerships

J�r�me Monod, Chairman, Suez Lyonnaise des Eaux

10:25am - 12:00pm
Session C:
The Key Ingredients Of A Successful Long-Term Development Strategy For A Private Operator In Emerging Markets

India Case Study: Karnataka – A New Case Study in Structuring Financially Viable Projects and Partnerships

Tony Eckford, Managing Director, Anglian Water International

Followed by Interactive Panel Discussion on:

• Project Finance: Examining new options for project finance in the water sector
• Currency Risk: Assessing mechanisms to reduce the impact of currency volatility on project viability
• Capital Markets: Determining the current and future appetite and investment criteria of lenders and investors
• Bonds: Examining the status of the bond market for water supply and wastewater projects
• Local Finance: Assessing which markets offer local finance opportunities
• Determining strategies for emerging market utilities to raise finance
• Project Costs: Examining technology innovations that will reduce project costs and improve the ability to raise financing
• Determining your optimum risk and reward allocation to balance your objectives with other stakeholders including government, investors and lenders

Panelists include:

T. Craig Bennet, Head of Project Finance, Societe Generale
Philip Dyk, Managing Director, Atlantis Water Fund
Linda Kemeny, Group Treasurer, Thames Water plc
Tony Eckford, Managing Director, Anglian Water International

12:00pm – 1:30pm - Luncheon

Luncheon Address:
How to Effectively Utilize Multilateral Agency Support in Your Infrastructure Projects Plus an Update on New Policy and Infrastructure Finance Initiatives from EBRD

Charles Frank, First Vice-President, European Bank for Reconstruction and Development

1:30pm – 2:50pm
Session D:
Solutions That You Can Utilize To Structure Economically Viable Projects And Mobilize Private Investment For Mid-Size Utilities And Cities In The US And Internationally

Mid-size municipal water utilities offer a huge worldwide market of PSP opportunities and a huge challenge for governments. But how can the obstacles of heightened political risks, reduced government know-how and poor scales of economy be overcome in order to attract the much needed investment? This interactive discussion session will convene industry leaders, multilateral agency representatives and government officials to determine possible solutions.

• How can deals be structured to satisfy investor and lender criteria?
• Overcoming political and legal obstacles
• Determining corporate exit strategies
• Examining case studies

Interactive Panel Discussion – Panelists Include:

Neil McDougall, Chief Executive, Biwater Capital
Daniel Rivera, Director, National Planning Department, Colombia
Penelope Brook-Cowen, Sector Specialist, The World Bank
David Lynn, Director Infrastructure Finance, Chemonics International
Adiwarman Idris, Senior Investment Officer, Private Sector Group, Asian Development Bank

2:50pm - 3:00pm
Summit Conclusions and Recommendations for Action