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| 2000 |
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Japan Bio-Pharmacy Corporation was founded as a predecessor of JBEDC. Its business focused on supporting revascularization bio technology venture companies. |

| 2003 |
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The parent company of Japan Bio-Pharmacy Corporation in U.S. was listed on NASDAQ. |
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Considering the rise in petroleum price and the seriousness of environmental issues, the company shifted its focus on bio-energy development. |
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Dr. Kobayashi was introduced to Jatropha by a NGO called Kakute Limited in Arusha, Tanzania. |
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Realizing the possibility of Jatropha oil to become a drive of economic development in under-developed countries, a closer research on Jatropha was started. |

| 2004 |
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Started a 200ha Jatropha plantation in Cambodia by transporting 500kg of Jatropha seeds from Tanzania. |
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Founded Cambodia Bio Energy Development Corporation (CBEDC) as an affiliated company of JBEDC. |

| 2005 |
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To further promote the use and development of bio-energy, the companyfs name was changed to todayfs Japan Bio-Energy Development Corporation (JBEDC). |
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Conducted a Cambodia Jatropha BDF Feasibility Study funded by ECFA. |

| 2007 |
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Signed a Consultancy Contract with the Ministry of Agriculture and Afforestation of Myanmar for Jatropha BDF development. |
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Appointed as an advisor for a Jatropha plantation project in Egypt, and proposed a 500,000ha Jatropha BDF project to the Egyptian government. |
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Founded Lao Bio Energy Corporation (LBEC) in Lao P.D.R. |
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Started a rural development project by using Jatropha BDF in Laos. |
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Completed the first increase in capital. We are still looking for more investors. |

| 2008 |
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Signed a MOU with the Thai Bio Energy Development Corporation on the bio-energy development in Cambodia and Laos in June. |
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Participated in the Biofuels World (a bio-energy fair) held in Yokohama from July 9th to 11th. |
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Held a Bio-Energy Seminar in Egypt funded by JBIC in July. |
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Planning to enlarge the Jatropha plantation site in Cambodia (aiming to achieve 50-100 ha). |
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Started a Jatropha experimental farm in Laos (aiming to reach 20ha). |
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Planning to establish a Jatropha center in Myanmar based on the MOU from August. |
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Planning to have the second increase in capital in November. (we are now looking for investors). |
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