Investor Presentaiton

Business Update - Australia Western Australia: • Perth: A solid result for the year but not at 2013 levels 2H FY14 not as strong as 1H due to expected orders not eventuating with an increase in repair projects as customers continued to delay spending on new/replacement equipment 2H FY15 to be a lot better than 1H with customer budgets reset in January Pilbara Hire: A very good FY14 result A tougher FY15 expected with customers reducing reliance on on-site contractors which will likely mean less site services and more shutdown work Very successful in achieving increased revenue through shutdowns Efficiency program expected to increase margins COR Cooling (Qld - Mackay/Brisbane, WA - Perth/Kalgoorlie, SA - Adelaide, NSW - Hunter Valley): • Financial result was well above the previous year and internal budget An excellent result in a year which also involved a lot of reconstruction in the business Customer spending patterns remain inconsistent (emergency repairs only) Some good contract wins within the COR group in FY14 which will produce full-year impacts in FY15 austinengineering LTD www.austineng.com.au

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