Slide 1: Austal
Slide 2: Annual General Meeting 2004
Slide 3: Austal Overview
_ et EC, ice NR AUSTAL Austal Overview ilder based in ion yards in ommercial vessels — Defence vessels — Luxury motor yachts
Slide 4: Product Sectors
Product Sectors $31m Location Australia Australia Australia USA USA Tgelate. Austal Austal Oceanfast
Slide 5: 2003/04 Highlights
“AUSTAL 2003/04 Highlights OQ Opportunities for growth particularly in Defence
Slide 6: Financial Summary
al EN, AUSTAL Financial Summary : _ |. ee Te Do ee _ : 7 7 ] / y y LO oy ye |] { ; 7 a yy pop yyy Lye Le D7 G V7 Hy _ yy a
Slide 7: Austal Operations Summary
MITED AUSTAL Operations Summary AUSTAL USA ;
Slide 8: Australia - 2003/04 deliveries
7a. Australia - 2003/04 deliveries (ain, * FREDSOLSEN Lepae
Slide 9: Australia - current projects
eet TLE, ice a austa. Australia - current projects 10 x 37.5 metre patrol boats 12 x 56.0 metre patrol boats * Delivered September 2004
Slide 10: Other naval shipbuilding opportunities
— Other naval shipbuilding opportunities » Established relationship with Raytheon for Amphibious Ships project
Slide 11: 105.0 metre vehicle-passenger catamaran
— 105.0 metre vehicle-passenger catamaran
Slide 12: Austal Oceanfast
OTL, EE AUSTAL Oceanfast — No vessels currently on order / under construction
Slide 13: Austal
AUSTAL
Slide 14: Austal Outlook - Commercial Vessels
eee, nn TOT, ie AustaL Outlook —- Commercial Vessels t for further orders
Slide 15: Austal Outlook - Defence Vessels
ee TTT, ica AUSTAL utlook - Defence Vesse i / Combat Ship (LCS) project Q RAN and LCS projects opening further opportunities globally Dominating the Littoral
Slide 16: Austal Outlook - Austal USA
AUSTAL Outlook - Austal
Slide 17: Austal Outlook - Oceanfast
ce TTT, icc AUSTAL Outlook - Oceanfast Q Shipyard resources being utilised for construction of other vessel types
Slide 18: Austal USA outlook
EE OTT, ea, AUSTAL nce product mix rrent contracts 1 defence market y signs of slow recovery Q Austal USA will expand with development of LCS project
Slide 19: Slide 19