DuluxGroup Financial Performance Update

Capital management - key measures Balance Sheet Mar-11 Sept-10 (A$M) Actual Actual Net debt 190.6 204.9 Strong cash flow, despite investment ↑ Rolling TWC to sales 12.1% 12.3% - TWC focus now at target level Net Debt: EBITDA (times) 1.2 1.4 Interest cover (times) 6.1 5.6 Cash flow and P&L Mar-11 Mar-10 (A$M) Actual Pro forma Operating cash 75.2 76.0 Flood items adverse Cash conversion 85.8% 94.7% Other key metrics positive Cash conversion (excl. movt in NTWC and other cash) 103.1% 98.2% Excludes line items impacted by flood Net interest expense 10.9 * Average net interest rate 9.0% * • Not calculated for 2010. TWC = Trade working capital; NTWC = Non-trade working capital. Refer to Appendix for definitions of ratios. DuluxGroup Imagine a better place 15

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