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Investor Presentaiton

Capital Expenditure Outlook¹ A$ million H1 16 2016 2017 2018 New paint factory 17.4 60 75 25 Other projects 7.3 20-25 20-30 20-30 Total capital expenditure 24.7 80-85 95-105 45-55 Depreciation and amortisation 16.8 32-35 New paint factory capital expenditure remains unchanged at $165M 1. Outlook excludes asset sales which are expected to occur following the commissioning of the new paint factory eg Glen Waverley site. FY16 estimate is within +/- $10M DuluxGroup Imagine a better place 18
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