NewLead Holdings Ltd. Presentation: NIBA Conference Presenter: Antonis Bertsos, CFO

NewLead Holdings Ltd. Presentation: NIBA Conference Presenter: Antonis Bertsos, CFO

Confidentiality & Forward Looking Statement Confidentiality Statement By going through the subject presentation you will be deemed to have agreed to the below with respect to such confidential information. If you forward this information to others please send it in this format to get the recipient's agreement as well. The term Confidential Information means the information furnished by NewLead Holdings Ltd. (the Company ) to you in this presentation. Such Confidential Information may include, without limitation, business or financial information, including, without limitation forecasted financial information. You acknowledge (a) that this presentation includes material non-public information about the Company or its securities and the Company s financial results ( Non-Public Information ); (b) trading in the Company s securities while in possession of Non-Public Information or providing others with Non-Public Information which they then use to trade in the Company s securities may subject you, and others authorized by you to receive Non-Public Information, to liability under U.S. and other applicable securities laws for insider trading; and (c) you are otherwise aware of the requirements of the insider trading rules under Section 10(b) and Rule 10b-5 of the U.S. Securities Exchange Act of 1934 (the Exchange Act ) and other applicable laws. You agree that you shall maintain all Non-Public Information in strict confidence, except that you may disclose or permit the disclosure of any Confidential Information to your affiliates directors, officers, employees, consultants, agents and advisors who are obligated to maintain the confidential nature of such Confidential Information and who are aware of the requirements and obligations under Section 10(b) and Rule 10b-5 of the Exchange Act and other applicable laws. You agree that you will not purchase or sell any Company securities while in possession of Non-Public Information until such time as it has been disclosed publicly in accordance with applicable laws or is no longer deemed material. Forward Looking Statement This presentation includes assumptions, expectations, projections, intentions and beliefs about future events. These statements, as well as words such as "anticipated," "estimated," "projected," "plan," and "expect," are intended to be ''forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). We caution that assumptions, expectations, projections, intentions and beliefs about future events may vary from actual results and the differences can be material. Such forward looking statements in this presentation are based on assumptions and expectations deemed reasonable by NewLead, as well as information available to NewLead, at the time this presentation was made. Although NewLead believes its assumptions are reasonable for its projections, it can give no assurance that such projections will be attained. The Company undertakes no obligation to update any forward-looking statements even if it obtains new information or becomes aware of future events, unless it is required to do so under the securities laws. The Company makes no prediction or statement about the performance of its common stock. Strictly Private & Confidential 2

NewLead Holdings Ltd.: NEWL Snapshot NEWL Founded: October 2009 Exchange: Other OTC Shares Outstanding: 381,303,674 Estimated Free-Float: 165,563,536 Recent Closing Price: US $0.02 52 Week High: US $2.99 Market Capitalization: Approx. US $7,626,074 Free-Float Market Capitalization: Approx. US $3,311,270 Fiscal Year End: 12/31 Strictly Private & Confidential 3

NewLead Holding Ltd.: The Company NewLead: international, vertically integrated shipping, logistics and commodity company providing ideal solutions for worldwide seaborne transportation dry bulk commodities and petroleum products owned and managed vessels NewLead: Securities and Exchange Commission ( SEC ) reporting Foreign Private Issuer in compliance with applicable SEC rules and regulations current in its SEC reporting utilizing U.S. Generally Accepted Accounting Principles financial reporting standards NewLead: Board of Directors and senior management with over 100 years of cumulatively shipping experience highly qualified employees and dedicated crews Strictly Private & Confidential 4

NewLead Holding Ltd.: The Fleet NewLead s Fleet: 10 vessels under NewLead s control 5 dry bulk vessels with an average age of 9 years 3 modern eco-type Handysize dry bulk vessels 2 Panamax dry bulk vessels 5 bitumen tanker vessels with an average age of 6 years 1 third party oil tanker vessel under management NewLead s Fleet Employment: 43.1% of operating days covered for 2015 for the dry-bulk vessels 39.1% of operating days covered for 2015 for the tanker vessels 5 vessels are on a period charter 50% of NewLead s fleet is currently trading on the spot market NewLead s Fleet Management: 2 in-house ship management companies Newlead Shipping S.A. and Newlead Bulkers S.A., manage tanker and dry bulk vessels, respectively Strictly Private & Confidential 5

NewLead Holding Ltd.: The Competitive Advantages 1. Integrated shipping, logistics and commodity company 2. In-house technical and commercial management; commercial and quality competence 3. One-stop technical, operations, chartering, purchasing and crewing services 4. Superior technical know-how, quality assurance and experienced personnel 5. Management team capable of leveraging longstanding relationships with industrial partners, financial institutions, shipyards, trading companies and charterers 6. Experienced chartering team capable of operating a diversified fleet following a balanced and adaptive chartering strategy 7. Improved transparency, allowing effective management of third-party vessels 8. Operational flexibility, enhanced utilization, rigorous quality control, competitive OpEx 9. Attractive historical vessel performance 10. Fleet diversification, diverse worldwide trading through numerous trading routes carrying an extensive variety of cargoes Strictly Private & Confidential 6

NewLead Holding Ltd.: The Timeline 2009-2011 2009 October 2009 Grandunion Inc. acquires control of Aries Maritime Transport Limited, a shipping company listed on NASDAQ under the symbol RAMS December 2009 The new Company is renamed to NewLead Holdings Ltd. and starts trading on NASDAQ under the symbol NEWL 14 Vessels 2010 NewLead Holdings Ltd., completes the acquisition of 14 vessels, 12 dry bulk vessels, including 4 newbuildings and 2 product tanker vessels NewLead completes the dropdown of NewLead Shipping S.A. 22 Vessels 2011 August 2011 NewLead controls a fleet of 22 vessels, 12 dry bulk vessels, including 2 newbuildings and 2 product tanker vessels July 2011 NewLead enters into a global financial restructuring plan, led by Moelis and Company 18 Vessels Strictly Private & Confidential 7

NewLead Holding Ltd.: The Timeline 2012-2014 2012 December 2012 NewLead successfully completes its global restructuring plan NewLead reduces its indebtedness by approximately US $578.3 million NewLead controls a fleet of 4 vessels, 2 dry bulk and 2 product tanker vessels 4 Vessels 2013 September 2013 NewLead acquires the rights to mine the Coal Essence mine in Kentucky, USA December 2013 NewLead acquires the Coal Essence wash plant in Kentucky, USA 3 Vessels 2014 January 2014 NewLead is granted access to develop and mine a second mine, the Five Mile mine in Kentucky, USA May 2014 - September 2014 NewLead takes delivery of three Eco-Type Handysize vessels, the first vessels to be delivered to NewLead after the Company s restructuring, the Newlead Albion, the Newlead Venetico and the Newlead Castellano 11 Vessels Strictly Private & Confidential 8

NewLead Holding Ltd.: The Timeline 2015 2015 January 2015: NewLead announces delivery of 5 bitumen tanker vessels to its fleet, the Captain Nikolas I (renamed Newlead Granadino), the Nepheli, the Ioli, the Katerina L and the Sofia 11 Vessels NewLead currently controls a fleet of 11 vessels, 5 dry bulk and 6 tanker vessels, including one third party vessel under management NewLead today NewLead s fleet is transformed; younger, flexible in size, fuel efficient vessels NewLead has added five highly sophisticated bitumen tanker vessels, that transport asphalt and operate in a niche sector in the Mediterranean area NewLead continues to develop and enhance the Company s in-house ship management providing a scalable platform to support future growth while maintaining fleet quality, safety and reliability Strictly Private & Confidential 9

NEWL: Reasons to invest in bitumen tanker vessels with NewLead NewLead continues to focus on the bitumen tanker vessels to become a leading shipping company in this niche sector in the Mediterranean area and beyond. NewLead s bitumen fleet: NewLead controls a fleet of five highly specialized bitumen chemical tanker vessels Very young and high quality fleet; with NewLead s superior technical standards Vast versatility in bitumen and fuel oil trading NewLead benefits from the its long-term commercial relationships with oil majors, oil companies, traders, wholesale and retailers Bitumen vessels capacity of about 18,944 dead-weight tones allows for infinite trading benefits to Newlead Bitumen industry: Niche market with relatively very low competition Long term supply; growing global bitumen demand Opportunities in emerging economies and frontier markets NewLead invests in high quality bitumen to meet bitumen market demand Strictly Private & Confidential 10

Index Points Tanker Market Indexes 2,500 2,000 1,500 1,000 500 0 2006-May-02 2007-May-02 2008-May-02 2009-May-02 2010-May-02 2011-May-02 2012-May-02 2013-May-02 2014-May-02 Baltic Exchange Clean Tanker Index Baltic Exchange Dirty Tanker Index Dates Strictly Private & Confidential 11

US $/ Day Dry Market Indexes 250,000 200,000 150,000 100,000 Historically Low Dry-Bulk Market NewLead Restructuring 50,000 0 2006-May-23 2007-May-23 2008-May-23 2009-May-23 2010-May-23 2011-May-23 2012-May-23 2013-May-23 2014-May-23 Dates Average of the 6 T/ C Routes for the Baltic Handysize Index Average of the 4 T/ C Routes for Baltic Capesize Index Average of the 6 T/ C Routes for Baltic Supramax Index Average of the 4 T/ C Routes for Baltic Panamax Index Strictly Private & Confidential 12

NewLead Holding Ltd.: The Board of Directors Spyros Gianniotis: Non-Executive Director since October 2009 25 years of experience in the banking sector Chief Financial Officer of listed NYSE Aegean Marine Petroleum Network Inc. since 2008 Assistant General Manager and Head of Shipping at Piraeus Bank S.A. from 2001 to 2008 Banking Executive at Citigroup holding various positions in Athens, Piraeus and New York Queens College, CUNY, BA Maritime College, SUNY, MSc Wagner College, MBA Panagiotis Skiadas: Non-Executive Director since June 2005 Environmental Manager at VIOCHALCO S.A. since 2006 Environmental Manager at ELVAL S.A., a subsidiary of VIOHALCO S.A. Section Manager of Environmental Operations at the Organizational Committee of the Olympic Games in Athens 2004 University of Florida, BSc in Engineering Massachusetts Institute of Technology (MIT), MSc Environmental Engineering Steve Oh: Non-executive Director since December 2011 Vice Chairman of the Korean Association Active shipbroker in projects related to newbuildings, S&Ps, ship repair, chartering and marine equipment, covering both technical and commercial scopes of business Managing Director of Great Shipping Co. Inc., Piraeus Managing Director of MJLF Athens, a subsidiary of MJLF & Associates, USA since 2007 Representative General Manager of Hyundai Mipo Dockyard Athens Branch since 1996 Representative General Manager of Hyundai Mipo Dockyard Singapore Branch since 1993 Ship Repair Engineer of Machinery Division and Project Manager at Hyundai Mipo Dockyard Hanyang University of Seoul, BSc in Mechanical and Thermal Engineering Strictly Private & Confidential 13

NewLead Holding Ltd.: The Top Management Michail Zolotas: Chairman & Chief Executive Officer A third generation shipowner with 20 years technical, operational and commercial experience, managed more than 120 vessel of all types and built more than 50 newbuilding vessels in all major shipyards Founder and CEO of GrandUnion Inc., a company managing more than 27 vessels President of Newfront Shipping SA, a company managing more than 24 vessels Founder of Stamford Navigation Inc., a company managing 40 vessels MSc in Mechanical Engineering from Stevens Institute of Technology, USA Antonios Bertsos: Chief Financial Officer Chief Financial Officer of NewLead since October 1, 2011 Deputy Chief Operating Officer of NewLead from April 2010 to October 2011 Chief Financial Officer of Aries Energy Corporation from February 2005 to March 2010 Auditor at PWC from September 2000 to March 2005 BSc in Accounting and Finance from Deree College, Greece Postgraduate Diploma in Business Administration from the University of Leicester, UK Michail Livanos: General Manager 15 years of experience in the shipping industry General Manager of Newlead Shipping S.A. and Newlead Bulkers S.A., subsidiaries of NewLead Holdings Ltd. since 2014 Head of Treasury and Vice President of Newlead Shipping S.A. from 2010 to 2014 Chief Financial Officer of GrandUnion Inc. from 2006 to 2009 Associate Director, Global Shipping Finance at Scotiabank from 2003 to 2006 University of Athens, BSc in Physics City University Business School, MSc in Shipping Trading & Finance Cardiff Business School, MBA Strictly Private & Confidential 14

NewLead Holding Ltd.: The Fleet Table Vessel Name Size (dwts) Vessel Type Year Built Dry Bulk Vessels Newlead Castellano 35,542 Handysize 2013 Newlead Albion 32,318 Handysize 2012 Newlead Venetico 32,500 Handysize 2012 Newlead Victoria 75,966 Panamax 2002 Newlead Markela 71,733 Panamax 1990 Tanker Vessels Captain Nikolas I 5,887 Chemical/Bitumen Tanker 2009 Katerina L 3,357 Chemical/Bitumen Tanker 2009 Nepheli 3,416 Chemical/Bitumen Tanker 2009 Ioli 3,396 Chemical/Bitumen Tanker 2009 M/T Sofia 2,888 Chemical/Bitumen Tanker 2008 Gema 1 19,831 Oil Tanker 2001 1. Third party vessel under management Strictly Private & Confidential 15

NewLead Holding Ltd.: Takeaways Company: International, vertically integrated shipping, logistics and commodity company People: Performing Management Team: Growth and Optimization of NewLead Fleet: Growth - Optimization - Diversification - Balance Chartering: Adaptive - Active - Prudent - Diversified Commercial, Operational & Technical Management: In-house - Competent - Quality - Flexible Reporting: SEC reporting Foreign Private Issuer Compliance: Current in its SEC reporting; compliant with SEC rules and regulations Strictly Private & Confidential 16

NewLead Holdings Ltd. NewLead's common shares are quoted on the (Over-The-Counter) OTC Markets under the symbol "NEWL Mine Investments LLC. 525 North Tryon Street, Suite 1600, Charlotte NC 28202 A subsidiary of NewLead Holdings Ltd. Fleet: 11 Vessels 5 Dry Bulk Vessels 6 Tanker Vessels NewLead Holdings Ltd. Akti Miaouli 83 & Flessa Piraeus, 185 38, Greece NewLead Holdings Ltd. is an international, vertically integrated shipping, logistics and commodity company providing ideal solutions for worldwide seaborne transportation of dry bulk commodities and petroleum products through owned and managed vessels. NewLead is a Bermuda registered company and maintains offices in Piraeus, Greece and Charlotte, USA Strictly Private & Confidential 17

Principal Offices: NewLead Holdings Ltd. Akti Miaouli 83 & Flessa Piraeus, 185 38, Greece USA Office: Mine Investments LLC. 525 North Tryon Street, Suite 1600 Charlotte NC 28202 A subsidiary of NewLead Holdings Ltd. For Media/Investor Enquiries: Elisa Gerouki T: +30 213 014 8023 E: egerouki@newleadholdings.com Thank you.