VOLUNTARY CANCELLATION CERTIFICATE

Presented to

Montana Capital Partners AG

Project(s):

Ceran's Monte Claro Run of River Hydropower Plant CDM Project Activity

Reason for cancellation

I am offsetting greenhouse gas emissions for my company

Number of units cancelled
70 CERs
Equivalent to 70 tonne(s) of CO2
Start serial number: BR-5-80021422-1-1-0-773
End serial number: BR-5-80021491-1-1-0-773