DELIVERING BIOFUELS TO AUSTRALIANS TODAY

Biofuels – ethanol and biodiesel – can play an important part in reducing Australia's greenhouse gas emissions and our reliance on fossil fuels.

Caltex is pleased to announce it has met its 2006 target under the Australian Government's Biofuels Action Plan.

The Government's plan is to achieve at least 3500 million litres of biofuel blends in Australia's fuel supply by 2010. This means at least 1 in every 10 litres of Australia's petrol and diesel will be a biofuels blend.

Caltex is providing the fuels of the future – today. In addition to meeting our 2006 target for biofuels supply, Caltex is making other significant contributions to the development of a sustainable biofuels industry:

• We have achieved our year-end target of over 100 Caltex supplied service stations selling ethanol blended petrol.
• E10 Unleaded petrol, enhanced with 10 percent ethanol, is now sold at over 125 service stations in the Caltex network from Canberra to Cairns. This has doubled availability within our network in just six months.
• All diesel fuel supplied from the Caltex distribution terminal in Newcastle is New Generation Diesel, enhanced with two percent biodiesel.
• Over 235 service stations supplied by Caltex now sell E10 Unleaded petrol or New Generation Diesel, or both.
• Caltex supplies a range of biodiesel blends to commercial customers in New South Wales and South Australia.

Caltex has terminal and blending facilities in place to support increasing demand for biofuels, with plans to expand into new and existing markets. More service stations selling E10 Unleaded are also planned.

Increasing the availability of this new range of alternative fuels is part of our commitment to provide consumers with choices that are better for the environment and our future. Caltex has already spent $500 million on producing cleaner petrol and diesel to help reduce air pollution and greenhouse gas emissions.