Gateway Announces Exclusive Merger Negotiations with Listed Hong Kong Affiliate of China Development Bank

WASHINGTON--(BUSINESS WIRE)--Gateway Energy & Resource Holdings, a company focused on investments in global energy, resources and related infrastructure, announced today that it has entered into exclusive negotiations with China Development Bank International Investment Limited (“CDBII”) regarding a potential merger or other business combination. CDBII is an investment company listed on the Hong Kong Stock Exchange (1062.HK) pursuant to Chapter 21 of the Listing Rules and is an affiliate of China Development Bank.

“We are very pleased to have entered into this Letter of Intent with CDBII and we look forward to finalizing negotiations promptly in the New Year. The proposed transaction would combine Gateway with one of the premier partners in Asia and allow the combined company to pursue its goal of being the preeminent listed energy-focused investment vehicle in the market,” said R. Blair Thomas, Chairman of Gateway.

About Gateway

Gateway seeks to provide investors current income, as well as long-term capital appreciation, by participating in multiple funds and direct investments managed by EIG Global Energy Partners (EIG). Gateway is a permanent capital vehicle formed in 2007 to expand the universe of investors that have access to private alternative investments advised or managed by EIG. Gateway announced plans to list on the Hong Kong Stock Exchange in March of 2012 but suspended those plans due to market conditions.

About EIG

EIG Global Energy Partners is a leading institutional investor to the global energy sector with $10.3 billion under management as of September 30, 2012. EIG specializes in private investments in energy, resources and related infrastructure and was formerly the Energy & Infrastructure Group of Trust Company of the West. During its 30-year history, EIG has invested over $14 billion in the sector through more than 290 projects or companies in 33 countries on 6 continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, DC, with offices in Houston, London, Sydney, Hong Kong, Seoul and Rio de Janeiro.

Disclaimer

This release may contain “forward-looking statements” within the meaning of the federal securities laws. Actual results could differ materially from those contemplated by these forward-looking statements due to a number of factors, including general economic conditions, market conditions and risks associated with companies and industries of the type that Gateway invests in. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. We caution you therefore from relying on these forward-looking statements. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

For more information, visit www.eigpartners.com or contact Kamilia Butler-Peres at APCO Worldwide at 202-478-3588 or [e-mail].