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<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">Dear
potential investor,</FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">We
anticipate launching our next Share Offer in early summer. This offer will allow
us to raise initial capital and will pave the way for a full public share offer
later in the year.</FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">As
with our previous offer, this will be targeted at a select group of existing
members of Sheffield Renewables and those who have expressed an interest in
investing with us, either by making a pledge on our website or by indicating an
interest on one of our Volunteer/Support/Invest forms at a public event.
</FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">For
those of you who would like more information, or the chance to talk to us in
person before the launch, we are organising a
<STRONG>free</STRONG> <STRONG>event on Saturday, May
7</STRONG></FONT><SUP><FONT
face="Arial, sans-serif"><STRONG>th</STRONG></FONT></SUP><FONT
face="Arial, sans-serif">. This will be a tour (by minibus) of our two hydro
power sites (Jordan Dam and Kelham Island) and a sandwich lunch followed by, or
preceded by, a brief presentation and question & answer session. We
will be introducing our draft Offer Document and you will therefore have the
opportunity to contribute to shaping our offer. </FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">There
will be 2 groups: </FONT></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT
face="Arial, sans-serif"><B>Group A </B></FONT><FONT
face="Arial, sans-serif">10.30 am to 2.30 pm (starts with tour); </FONT></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT
face="Arial, sans-serif"><B>Group B</B></FONT><FONT face="Arial, sans-serif">
11.30 am to 3.30 pm (starts with presentation). </FONT></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">Both
groups will have a sandwich lunch at the Riverside Café/Bar at 1 pm.
</FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">We
will be meeting either at the Riverside Cafe/Bar in Mowbray St, S3 8EN or at
Kelham Island. The room for the presentation at the Riverside Cafe is up a
flight of stairs. Please let us know if this will be a problem for you and we
will make alternative arrangements. Full details will be sent when you book a
place.</FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT
face="Arial, sans-serif"><B>PLEASE NOTE:</B></FONT><FONT
face="Arial, sans-serif"> at Jordan Dam the tour will necessitate a short walk
on a slightly uneven footpath.</FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">To
book a place please send an email by Wednesday, April 27</FONT><SUP><FONT
face="Arial, sans-serif">th</FONT></SUP><FONT face="Arial, sans-serif"> to:
</FONT><FONT color=#0000ff><U><A
href="mailto:jean@sheffieldrenewables.org.uk"><FONT
face="Arial, sans-serif">jean@sheffieldrenewables.org.uk</FONT></A></U></FONT><FONT
face="Arial, sans-serif"> or write to Jean Tinsley, Sheffield Renewables, South
Yorkshire Energy Centre, 25 Alexandra Road, Sheffield, S2 3EE. Please state your
preference for group A or B, or ‘no preference’ if you do not mind. You will be
sent confirmation of your place on the tour.</FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT face="Arial, sans-serif">I
look forward to hearing from you.</FONT><BR></P>
<P class=western style="MARGIN-BOTTOM: 0cm"><FONT
face="Arial, sans-serif">Regards,</FONT></P>
<P class=western style="MARGIN-BOTTOM: 0cm">Jean Tinsley</P>
<P class=western style="MARGIN-BOTTOM: 0cm">Director<BR></P>
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