Slide 1: CLP Resources, Inc. Background Information
LABOR READY CLP Resources, Inc. Background Information Labor Ready, Inc. (NYSE: LRW) to Acquire CLP on May 27, 2005
Slide 2: Safe Harbor Statement
Alc Safe Harbor Statement =] Cautionary Note about Forward-Looking Statements Certain statements made by us in this presentation that are not historical facts or that relate to future plans, events or performances are forward-looking statements within the meaning of the federal securities laws. Our
Slide 3: Company Overview
HICLP LABOR READY Company Overview Depend Tepaary Laon The premier platform to build the leading national player in the skilled trades staffing industry. EFICu SKILLED TRADES: - Diversified Large Network of Experienced Significant Growth Revenue Base Tradespeople Management Team Opportunities
Slide 4: Market Leader
Acuce Market Leader CLP is one of the largest companies to focus exclusively on skilled trades staffing. @ Pioneered the skilled trades staffing industry in 1987 50 branches in 20 states across the U.S. 4,500 active customers) @ 10,000 active Tradespeople® CLP Geographic Reach (Approximate number af
Slide 5: Revenue Breakdown
AcwLr Revenue Breakdown CLP’s diversified client base helps mitigate downturns in any particular end-market. Revenue by End Markets YTD September 2004 New Commercial Residertial Remade! os 25% Total Residential 36% Total Commercial 55% Residertial New 11% Commercial Remade! 33% Feclities 9%
Slide 6: Customers
Acwe JARGON READY Customers CLP provides skilled trades to commercial, high-end residential and industrial contractors, and facilities management companies. @ 4,500 active customers @ No single customer accounts for more than 2% of revenue @ Target customer: small to mid-sized contractors (10 to 250
Slide 7: Recruiting and Workforce
Acwe Recru ing and Workforce CLP recruits talented skilled Tradespeople. Valuable Proprietary Database — 40,000 Tradespeople tracked in recruiting database. More than 10,000 employed by CLP in 2004 Loyal Workforce - On average, almost 30% of Tradespeople have in excess of two years and over 50% have
Slide 8: Technology
Acwe Technology CLP’s proprietary system enables management to monitor the business on a real-time basis. @ Customer and worker contact history ‘curtomer @ Customer setup and approval @ Job orders and worker assignments TempNet System @ Billing and payroll @ Safety management 1 Customer service and
Slide 9: Experienced Management Team
Acwe Experienced Management Team CLP is led by a veteran management team with extensive experience in the staffing and construction industries. Senior Management Team Functional Tenure with Experience Company Position __(years) _____(years) _ Chief Executive Officer cys 6 Chief Financial Officer 29
Slide 10: Significant Growth Opportunities
Acwe Significant Growth Opportunities CLP management is executing a strategy to build the dominant national player in the fragmented temporary skilled trades staffing industry. i Recruiting Labor Ready’s Eero mo Ready's 100,000 Employees Diversification of Ready already Sere skilled trades anesines
Slide 11: Labor Ready and CLP - A Powerful Combination
Acwe Labor Ready and CLP - A Powerful Combination FICLP TABOR READY Dependable Temporary Labor. Leading Supplier of Temporary Construction Labor @ Turnkey Skilled Trades Staffing Leader — CLP’s strong brand and national footprint will position LRW to lead the temporary skilled trades staffing indust
Slide 12: Searchable text section of graphics shown above
Searchable text section of graphics shown above [ LOG O] [LOGO] CLP Resources, Inc. Background Information Labor Ready, Inc. (NYSE: LRW) to Acquire CLP on May 27, 2005 Saf e Harbor Statement Cautionary Note about Forward-Looking Statements Certain statements made by us in this presentation that are