Fletcher Building Investor Presentation

Construction Result Residential earnings up 55% due to strong house sales in Auckland. Continued momentum in Canterbury with residential house repairs. and earthquake recovery work. Construction backlog of $1,022m as at 30 June 2013. Preferred contractor/solution provider on $640m of other projects. Further land procured for new residential housing in Auckland. June 2012 June 2013 NZ$M 12 months 12 months % A Sales EBITDA 1,040 1,193 +15 61 95 +56 EBIT 50 87 +74 Funds Employed 109 69 -37 • EBITDA/sales % 5.9 8.0 EBIT/sales % 4.8 7.3 ROFE % 45.9 126.1 35 Fletcher Building Investor Presentation | © October 2013

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