Bendigo & Adelaide Bank Ltd. · ASX:BEN
Bendigo & Adelaide Bank — Investor Presentation (April 2007)
16 slides from Bendigo & Adelaide Bank's investor presentation, Apr 26, 2007
Slide 1: Connections: Strengthening connections with our customers and communities
connections 3) Bendigo Bank Strengthening connections with our customers and communities
Slide 2: Our shareholder survey
Our shareholder survey Conducted by Value Enhancement Management Random sample of shareholders across Australia 463 interviews Statistically valid (95%-plus confidence) connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 3: Our shareholders: Who are you?
Our shareholders: Who are you? 68% are male, 32% female Average age is 67 (73% born in 1940s or earlier) 52% are retired A total of 61% bank with Bendigo Bank (8% through their local Community Bank®) connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 4: Our shareholders: Where do you live?
Our shareholders: Where do you live? Melbourne 28.0% Victoria regional* 26.9% Sydney 10.5% Queensland regional 10.0% Brisbane 8.7% NSW regional 6.9% Other 9.0% * Just over 9% of shareholders live in the Bendigo district connections Strengthening connections with our customers and communities > 9 Ben
Slide 5: Size of shareholdings
Size of shareholdings 1 — 1000 51.5% 1001 — 5000 40.5% 5001 — 10,000 6.0% 10,001-plus 1.5% * Rounding means percentages will not total 100 connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 6: How long have you held your shares?
How long have you held your shares? >10 years 39% 5-10 years 37% 2-5 years 19% <2 years 5% connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 7: Your reasons for investing
Your reasons for investing* Good investment fundamentals 47% Community Bank 25% Received through merger 15% Customer 10% Inheritance 7% Employee 2% Other 30% * Some shareholders are in more than one category connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 8: Your interest in the Company
Your interest in the Company 99% of you were aware of the merger proposal 87% of you intended to vote if proposal were put 96% have confidence in the Company’s direction connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 9: The things you strongly value
The things you strongly value Community Banks 81% Local jobs 78% Key Bendigo management 71% The Bendigo name 67% Head office in Bendigo 62% Growth in capital value of shares 57% Dividends 55% connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 10: How you value your investment
How you value your investment Most of you are pleased with the performance of your investment 71% were unconcerned if share price fell following rejection of the BoQ proposal connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 11: Your view of the BoQ merger proposal
Your view of the BoQ merger proposal High proportion (30-40%) were unsure of effects on shareholder value, customers, communities and staff 35% believed it would deliver value to shareholders; 26% thought not; 39% were unsure 33% thought a stronger company would emerge 52% felt it would be better fo
Slide 12: Our view of the BoQ merger proposal
Our view of the BoQ merger proposal Unsolicited proposal Carefully considered by the Board Significant risks (including integration risk) Insufficient value and certainty Board rejected the proposal connections Strengthening connections with our customers and communities > 9 Bendigo Bank
Slide 13: Our prospects for the future
Our prospects for the future Excellent prospects on a stand-alone basis Strong commitment to our long-term strategy FY0O7 earnings upgrade = 12% cash EPS increase Earnings forecast for FY08 = 12% cash EPS increase We continue to consider all options to maximise shareholder value connections Strength
Slide 14: Connections: Strengthening connections with our customers and communities
connections 3) Bendigo Bank Strengthening connections with our customers and communities
Slide 15: Connections: Strengthening connections with our customers and communities
connections 3) Bendigo Bank Strengthening connections with our customers and communities
Slide 16: Connections: Strengthening connections with our customers and communities
connections 3) Bendigo Bank Strengthening connections with our customers and communities
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