Alliance ALCOTRA-TRAFIGURA

Trafigura joins forces with Alcotra, a leading ethanol trading company
December 5th, 2007: Trafigura Beheer B.V., the international commodities trading company, today announces it has entered into an agreement with the shareholders of Alcotra S.A., a Swiss-based leading ethanol trading company. Under this agreement Trafigura and its affiliated companies will own a 35% stake in Alcotra.

This transaction reinforces Alcotra’s strong presence in the fuel ethanol global market through Trafigura’s world-wide presence and state of the art infrastructure. Trafigura will regroup its ethanol products activities within Alcotra, who shall become the exclusive supplier of fuel grade ethanol to Trafigura.

This alliance opens bright prospects for both companies to secure a leading position within the context of a growing ethanol market globally, given the increasing interest and use of alternative and more environmentally friendly fuels. In addition, the logistics synergies brought by this alliance will result in cost reductions and added value to Alcotra’s customers.