Cvc Limited · ASX:CVC

Cvc — Shareholder Meeting (November 2008)

7 slides from Cvc's shareholder meeting presentation, Nov 24, 2008

1. Slide 1: For personal use only

   For personal use only

2. Slide 2: Chairman's 2007 report quote on financial turmoil

   For personal use only “The recent turmoil in financial markets reflects, in our opinion, a heralding of a major First World debt crisis which will ultimately become a harsh reality” Vanda Gould – CVC Chairman’s report 2007

3. Slide 3: The Year in Review

   For personal use only THE YEAR IN REVIEW 2008 2007 Earnings Per Share 7.0 cents 23.9 cents Total Assets Employed $316.1 M $404.3 M Shareholders Equity $274.4 M $345.1 M Return on Shareholders Equity 0.37% 12.0% Shares on issue at Year End 162,352,134 171,713,710 Net Assets per Share $1.69 $2.01 Divi

4. Slide 4: 2009 Year to Date

   For personal use only 2009 Year TO DATE ¾ Focussed on building cash reserves (approx $80M) to position company to take advantage of value opportunities emerging ¾ Strong initial operating profit performance ¾ Blue Energy sale crystallised profit of $12 M ¾ Current profit for year to date likely to b

5. Slide 5: Impact of Credit Crisis on CVC

   For personal use only IMPACT OF CREDIT CRISIS on cvc ¾ Realisations of major investments virtually impossible at sensible prices ¾ Reduction in the value of CVC’s listed portfolio by approx $50 M since June 30, 2008 ¾ Funds management activities subdued ¾ Focus on core investees and ensuring their f

6. Slide 6: 2009 and Beyond

   For personal use only 2009 AND BEYOND ¾ 2009 likely to continue to be “tough” for CVC – majority of focus for balance of 2009 will be to nurture key investees and realise non‐core investments as and when appropriate ¾ Significant investment opportunities will and are emerging in quality companies at

7. Slide 7: For personal use only

   For personal use only

CVC — Shareholder Meeting (November 2008) on 6ix