Investor Presentaiton

Strategic Emphasis A subtle shift... • Increased focus on ROCE as well as margin • Focus more on increasing our relevance to customers through a broader product/service offering • • Ensure product / revenue mix appropriately balanced to changing environment Take business improvements developed and applied internally into products and services that are meaningful to our customers' performance, e.g. indigenous training and employment, safety innovations, efficiency measures Carefully consider ROCE accretive acquisitions that fit our strategy – not simply "order book growth" Investor Presentation Full Year Results FY2010 with measurable outcomes • Increasing tender conversion ratio; whilst • Increasing order book size; together aimed at • Near term target of annual revenues of >A$1bn • Growth revenue streams increasing as % overall revenues • One material growth initiative per division for each year Internal / management focus on rolling 12 month performance metrics NEW HOLDINGS LIMITED

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