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Investor Presentaiton

FY14 Financial Results - Segment Review South America (cont'd): Colombia experienced difficult conditions due to coal prices and produced a result well below last year and internal budgets due to this Peru produced a result below that achieved last year due to anticipated site service contracts not eventuating as well as the impact of delayed decision making brought about by the market downturn Middle East Negligible impact on FY14 as the project was completed successfully and Austin shares in the JV sold Asia (Indonesia): Revenue down $3.1m (42%) and a breakeven EBITDA result for FY14 The mining equipment market in Indonesia is depressed as coal prices continue to decline and the Indonesian government's new mining regulations hamper growth Most work in 2H FY14 was Oil and Gas work and this is set to continue with some promising opportunities austinengineering LTD www.austineng.com.au
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