Emeco Holdings Limited · ASX:EHL

Emeco — WA Emerging Leaders Conference (October 2009)

16 slides from Emeco's conference presentation, Oct 28, 2009

1. Slide 1: WA Emerging Leaders Conference

   For personal use only WA Emerging E i Leaders L d C Conference f Stephen Gobby Chief Financial Officer

2. Slide 2: Contents

   Contents For personal use only Š Company Overview Š Emeco’s Business Drivers Š Strategy gy 2

3. Slide 3: Operational Overview

   Operational Overview For personal use only Š Challenging year but business model validated… Š FY09 Operating NPAT of $57.7M (1) Š Some regions outperformed Š Well positioned… Š Positive cash flow Š Debt reduction Š Downsized European business Š Global workforce of ~850 people Š Looking forward… Š Po

4. Slide 4: Corporate Overview

   Corporate Overview For personal use only Š Key points… Š Established E t bli h d Australia A t li 1972 Š Listed on ASX 200 Index (ASX:EHL) Š Market cap A$536M Š Debt facility A$595M Š 52 week range $0.165 to $0.985 Š Substantial shareholders: Š Franklin Resources 11.32% Š Maple‐Brown p Abbott Limite

5. Slide 5: Financial Overview

   Financial Overview For personal use only Š Profit and Loss, FY09 (A$M) Š Cash Flow, FY09 (A$M) 1H09 2H09 FY09 FY09 Revenue 309.8 218.4 528.2 Cash flow from Operating Activities 175.4 EBITDA 128.6 82.3 210.9 EBIT 69 7 69.7 36 2 36.2 105 9 105.9 Rental Capital p Expenditure p ((107.7)) Cash flow from

6. Slide 6: Global Coverage

   Global Coverage For personal use only Australia Indonesia Canada USA Europe Š Global fleet and inventory of around 2,000 machines Š Strong procurement network Š Redeployment opportunities minimise concentration risk 6

7. Slide 7: Equipment profile

   Equipment profile For personal use only Independent supplier of well‐maintained best‐in‐class equipment 35 tonne 50 tonne 100 tonne 150 tonne 200 tonne 250 tonne 300 tonne Small construction Large mines Truck 15 tonne 25 tonne 35 tonne 45 tonne 60 tonne 100 tonne 150 tonne Dozer Small construction L

8. Slide 8: Why rent with Emeco?

   Why rent with Emeco? For personal use only 5 main reasons why companies rent from Emeco… Reasons: Customer Constraint i : ‹ Delivery time for new equipment Availability ‹ Limited expertise to purchase second hand machines Capital ‹ Fluctuations in fleet requirements over life of mine Efficiency Flex

9. Slide 9: Customers

   Customers For personal use only Establishing long‐term supplier relationships with blue‐chip customers Evolution of customer type Miner Contractor Other 100% Š 70% revenue from blue‐chip customers 80% Š Customer profile trending toward large mining houses 60% Š Mix of miners and contractors demonstr

10. Slide 10: Commodities

    Commodities For personal use only Focus on increasing exposure to low cost producers in key commodities Commodity exposure FY09 Š Thermal coal volumes forecast to increase in Australia and Indonesia Coal, Coal 41% Š Iron ore and coking coal expected to strengthen Š Exposure to world class gold produ

11. Slide 11: Organic Growth Opportunities

    Organic Growth Opportunities For personal use only End‐market volumes forecast to increase Mt Australian Thermal Coal Mt Australian A t li Coking C ki Coal C l A t li Australian Iron I Ore O Production forecast Production forecast Mt Production forecast 180 250 600 160 200 140 500 120 400 50 150 100

12. Slide 12: Strategy

    Strategy For personal use only Medium to Short‐Term Long‐Term Long Term Š Downsizing Europe Š Reposition fleet away from small civil to large mining Š USA strategic review Š Increase exposure to low cost producers in Š Liberating cash from underperforming key commodities assets Š Build scale and com

13. Slide 13: Market Outlook

    Market Outlook For personal use only Increasingly positive outlook Š Development volumes expanding as business confidence improves Š Growth in bulk commodities in Asia Pacific expected Volumes Š Canadian oil sands now stable, development activity to recommence in 2010 Š Infrastructure activity incre

14. Slide 14: Summary

    Summary For personal use only 9 Emeco Business model has been validated 9 Solid operational NPAT 9 Significant free cash flow generated 9 Activity A i i across kkey commodities di i isi improving i i 9 Strengthening relationships with blue‐chip customers 9 Installed asset base to drive earnings reco

15. Slide 15: Questions & Answers

    For personal use only Q Questions ti &A Answers 15

16. Slide 16: Disclaimer

    Disclaimer For personal use only Reliance on third party information The information and views expressed in this Presentation were prepared by Emeco Holdings Ltd (the Company) and may contain information that has been d derivedd ffrom publicly bl l available l bl sources that h have h not been b ind

Emeco Holdings — WA Emerging Leaders Conference (October 2009) on 6ix