RISK ASSESSMENT MATRIX

For the purposes of evaluating and prioritizing the recommendations that arise
from the study, the following risk matrix was used. The risk values were
established with an index whose value ranges from 0 to 4, with 0 representing
the lowest priority value and 4 representing the highest priority.

FREQUENCY LEVELS

A: REMOTE
FREQUENCY:  1E-02 (times/year)
Unlikely to occur more than once in the plant's life.

B: OCCASIONAL
FREQUENCY: 1E-02 – 5E-02 (times/year)
It could occur more than once in the plant's life (Within the next 15 years).

C: PROBABLE
FREQUENCY: 5E-02 – 0.2 (times/year) the next 7
It can occur several times in the life of the plant (within years).

D: FREQUENT
FREQUENCY:  0.2 (times/year)
It can occur many times in the life of the plant (within prox. 2 years).

CATEGORY OF CONSEQUENCES
The value of the risk index depends on the severity of the consequences in the
manifestation of the danger and the probable frequency with which it may
manifest. The severity of the consequences and the probable frequency of
occurrence were characterized with the numbers 1, 2, 3, 4.

Several types of effects were considered: health, safety, environment,

operational problems, company image, etc. When more than one type was
applicable, the value of the severity of the consequences was taken as the one
with the highest category among all the types of effects considered.

The assignment of each risk category was discussed in each case by the team
using the practical experience of each participant. The assigned value was
approved by unanimous consensus.

The values of the risk indices presented in our risk evaluation matrix will be
described below.
Risk index 0:
Negligible. No priority. Corrective action not required.

Risk index 1:
Low. Low priority. May not require immediate action. (Tolerable risk).

Risk index 2:
Important. Medium priority. It is advisable to establish a procedure or perform a
physical action. (ALARP Zone).

Risk index 3:
Critical. High priority. A physical action should be performed on the plant.
(ALARP Zone).

Risk index 4:
Unacceptable. Very high priority. Immediate physical corrective action required.
(Intolerable risk).