Robin Levison

Industrea Limited

ASX Conference, Hong Kong

Robin LevisonManaging Director & CEO

29 October 2009

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Disclaimer• This presentation for Industrea Limited is designed to provide a high level overview of aspects of Industrea Limited. The

material set out in the presentation is current as at October 2009. It is information in a summary form and does not purport to be complete.

• The presentation may contain forward looking statements about assumptions, prior year corresponding period , estimates and outcomes, which are based on internal business data and external sources. Given the nature of the industry, business risks, and other factors, the assumptions, estimates and outcomes are uncertain. They may be affected by internal and external factors and involve known and unknown risks, many of which are beyond the control of Industrea Limited, that may cause actual results and business performance to differ materially from those expressed or implied in such statements. No assurance or guarantee is, or should be taken to be, given in relation to the future business performance or results of Industrea Limited or the likelihood that the assumptions, estimates or outcomes will be achieved.

• While management has taken every effort to ensure the accuracy of the material in the presentation, the presentation is provided for information purposes only. Industrea Limited, its officers and management exclude and disclaim any liability in respect of anything done in reliance on the presentation.

• It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice, when deciding if an investment is appropriate.

• Please note that all references to $ or dollars herein are references to Australian dollars, unless otherwise indicated.

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Agenda

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About Industrea

Industrea Limited is headquartered in Queensland, Australia and is involved in the global provision of mining products & services.

The Group’s products and services are sold on a wide geographical footprint that includes USA, South Africa, Russia, Indonesia, Papua New Guinea with Industrea offices in five Australian locations, Santiago in Chile, South America and Beijing China.

The customers based in these areas include BHP, Anglo American, Rio Tinto, Barrick Gold, Vale and the major Chinese mining clients including the Shenhua, Jincheng, Shanxi Coal and Energy Groups.

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Our Mining Products• Our current range of mining products includes but is not limited to:• Collision Avoidance Systems • Underground Directional Drilling and methane gas drainage systems• Underground flameproof and explosion proof diesel vehicles • Contractor Management • Mobile Asset Tracking • Driver Safety performance index

• Fully integrated outsourced mining services division: • Mine planning• Project supervision• Heavy mining equipment hire• Trained equipment operator hire• Overburden, coal and ore body mining and transportation• Drill and blast planning and activity

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Mining products – key markets

• Global demand remains strong – particularly developing countries

• Chinese demand for coal continues to grow, driven by:

– thermal power (75-80% of total power generation)– crude steel output – cement output

• Coal is more cost effective than oil and gas• Massive coal infrastructure expanding globally• Clean coal technologies• Chinese Government tax on coal to fund the

purchase of safety equipment

The underground coal mining sector is the largest market for Industrea’s products

Chinese coal demand

1,89

3

2,04

0

2,37

0

2,58

3

2,73

3

2,93

8

3,15

8

0

500

1,000

1,500

2,000

2,500

3,000

3,500

2004 2005 2006 2007 2008E 2009E 2010E

Milli

ons o

f ton

nes

8.9% CAGR

Source: sxcoal, UBS estimates, September 2008

Key drivers of Chinese coal demand

CAGR FY07A—FY10E

Cement output 5.6%

Crude steel output 9.7%

Total power generation 11.0%

Source: UBS estimates, September 2008

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Mining Products – key markets and customersFinancially strong customer base with expanding operations across a diverse range of regions

South AfricaSouth Africa

RussiaRussia

ChileChile: : Permanent Permanent operationsoperations

IndonesiaIndonesiaChinaChina: : WADAM sales WADAM sales officeoffice

AustraliaAustralia

PNGPNG

New ZealandNew Zealand

MexicoMexico

USAUSA

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Operational Overview - Industrea

Mining Services Diesel Equipment Technology International

Head office support

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Industrea Mining Services

• Contracts with – Xstrata – Mt Isa– Barrick Gold – Mt Isa– BHP – Mt Isa– Rio Tinto – Bowen Basin - new– Cockatoo Coal – Bowen Basin - new– Rio Tinto – Hunter Valley – new

• Strong organic growth opportunities• Regional diversification strategy underway

Description

Operations

• Huddy’s acquired February 2008 (founded 1986)• Contract open cut mining services

• Mine planning and design• Mine management• Provision of equipment and operators• Earthmoving equipment hire• Drill and blast planning and operation

• Civil earthworks contracts• Operational bases in Mt Isa, Bowen Basin and Hunter Valley

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Industrea Diesel Equipment

• Contracts signed FY09 $80m• Tripled manufacturing capacity new premises in Thornton NSW• Major client sales to

– Australia – Anglo Coal, BHP, Rio Tinto– China – Shenhua, Jincheng, Shanxi

• Current new market opportunities in South Africa and India• Acquisition of Kade Engineering – integrated

manufacturing and increased margin capture

Description

Operations

• Industrea Mining Equipment acquired August 2007 (founded 1978)• design, manufacture, sales, service and support of heavy underground mining equipment i.e. longwall• rental fleet

• PJ Berriman & Co acquired 2006 (founded 1977)• design, manufacture, sales, service and support of specialised coal mining vehicles• produces range of flameproof, explosion proof vehicles and accessories

• Kade Engineering acquired February 2009 (founded 1993) – metal fabrication services

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Industrea Technologies

• Global productivity and safety emphasis – non discretionary spend

• Collision avoidance system CAS CAM/RF major client sales include

– BHP Energy Coal South Africa – Billiton Mitsubishi Alliance– Shenhua Energy Group

• Dominant methane gas drainage technology – DGS– Used extensively in Australia, China and USA– Facilitates maximum gas velocity and

energy conversion of coal seam gas

Description

Operations

• AMT acquired 2005 (founded 1993)• Provides design, manufacture, sales, service and support of systems

and technology for mine safety and efficiency• Collision avoidance systems (CAS-CAM/RD) open cut mines• Methane gas drainage systems (DGS)

• GPS Online• GPS based vehicle fleet monitoring systems and software

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Industrea International

• Wadam Industries acquired 2006 (founded 1992)• Distributes “best of breed” coal mining equipment into China including Industrea and 3rd party products• Sale of Industrea products to numerous overseas markets including South America, Indonesia, South Africa and Russia.• Multiple product sales in China to major coal bureaus

– Shenhua Energy Group– Jincheng– Shanxi– Asian American Coal

Description

Operations• Establishment of Chinese product support centre• Senior management appointments in China and Chile• Focus on increased recurring revenue for spares,

service and support• Strong interest for equipment in India• New OEM arrangements – additional opportunities for

sales growth through Industrea’s existing sales channels

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Management Team

Corporate VisionCorporate Vision

FinanceFinance

ManagementManagement

TechnologyTechnology

ComplianceCompliance

Robin Levison CA GDBA GAICD Managing Director & Chief Executive Officer- 12 years Public Company management experience- Previously Managing Director at Spectrum Resources and has held Senior roles at

KPMG, Barclays Bank and Merrill Lynch

Kieran Wallis B Bus CA Chief Financial Officer- Broad management experience in Public and Private companies, locally and

internationally- Previous Senior roles with ASX listed GBST Holdings Limited and Ernst & Young

David Cahill BEc MBA Chief International Officer- Previous Senior roles with BP over 20 years in Australia, China, Europe and

North America

Dr Chris Doran PHD Chief Technology Officer- Previous Senior roles with Maptek, Mine Radio Systems, Inc (Canada) and Mount Isa

Mines Ltd (Queensland)

Phillip Hourigan LLB LLM MAICD Group General Counsel/Company Secretary- Former corporate partner with Deacons law firm, over 25 years private practice as a

commercial lawyer. Also a Director of Help Enterprises Limited

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FY09 Highlights

• Diversification strategy of Huddy’s Mining Services – New contracts won in Bowen Basin, Queensland and Hunter Valley, New South Wales

contract

• Collision avoidance technology (CAS-CAM/RF) gains global recognition– Client base includes BHP, Anglo, Vale, Shenhua Energy Group– Geographical footprint includes Australia, Chile, Indonesia, South Africa and China

• Continuing strength of China demand for productivity and safety products– $100m new product contracts signed in last 12 months– $20m new product contracts signed since 1 July– Strengthening of senior support team in China– Establishment of product support centre to grow recurring revenue

• Tripling of manufacturing capacity in Hunter Valley for export products

• Continued manufacturing vertical integration and margin capture via Kade Engineering acquisition

Platform for future growth

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FY09 Corporate Highlights

• Listing on US OTCQX share trading platform (ticker code IULTY)– Global trading volume in Industrea shares up 20% since US listing

• Strengthening of Management team– Appointment of new Chief Financial Officer, Chief International Officer and

General Counsel/Company Secretary

• Strengthening of Board by appointment of new director Tim Netscher

– Executive experience includes Billiton, Vale and currently Newmont Mining

• Debt syndicate expanded to include NAB, CBA and Caterpillar Financial

Platform for future growth

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FY09 Financial Highlights

* Net profit after tax pre amortisation and impairment of intangible assets and unrealised movements in the fair value of interest rate hedging agreements

2007 2008 2009 Change

Revenue $'m 65.6 192.0 259.5 up 35.1%

EBITDA $'m 16.6 77.6 100.6 up 29.7%

Adjusted NPAT* $'m 18.6 42.0 45.4 up 8.3%

Adjusted EPS cents 5.64 5.38 down -4.6%

Dividend cents 0.30 1.00 1.25 up 25.0%

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Financial Result - Income Statement

• Strong growth in inter company sales through the Wadam China distribution business• EBITDA and EBIT margins maintained in line with FY08

June (A$m) 2007 2008 2009 Change (%)

Revenue: Gross 66.1 192.7 280.9 45.8%

Intercompany sales (0.4) (0.7) (21.4)

Reported Revenue 65.6 192.0 259.5 35.1%

EBITDA 16.6 77.6 100.6 29.7%

margin (%) 25.2% 40.4% 38.8%

EBITA 15.7 66.8 83.3 24.7%

margin (%) 23.9% 34.8% 32.1%Adjusted profit before tax 18.6 59.1 64.7 9.5%Adjusted NPAT 18.6 41.9 45.4 8.3%

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Balance Sheet

• Net assets increased by $34m to $162.9m.

• Increase in Receivables and Inventory reflects strong export activity

• Intangible assets decreased by $42.8 due to non-cash amortisation and impairment of customer contracts

• Reduction in deferred acquisition consideration following Huddy’s payments during the year.

June (A$m) 2008 2009

Cash and deposits 41.2 22.0Receivables 49.9 63.1Inventory 15.7 24.2Property, plant & equipment 153.4 143.1Intangible assets - identifiable 55.5 21.4Intangible assets - goodwill 178.3 169.6Other assets 5.2 11.0Total assets 499.2 454.4

Trade and other creditors 37.4 31.6Borrowings 122.1 136.1Convertible Bonds - fair value 65.8 68.8Deferred consideration on acquisitions 108.2 25.9Provision for tax 16.1 13.5Other liabilities 20.6 15.6Total liabilities 370.2 291.5Net assets 129.0 162.9

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Outlook - Underlying business strategy unchanged

Mining Services

• Organic growth• Geographic diversification• Commodity diversification• Disciplined fleet management and maintenance• Building on areas of strength (Bowen Basin – Hunter Valley) existing infrastructure• Top tier 2 mining services contractor – lower overhead provider

Diesel, Technology, International

• Buying high quality private companies to add capital, expertise and international sales channel• Export emphasis• Both organic and bolt on acquisition growth• Continued IP development and development of export channel• Strengthening of service, spare and support offering to drive recurring revenues

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Industrea outlook

• Entered FY10 with strong product and technology order book

• Manufacturing capability expanded to meet growing export demand for diesel equipment

• Acceptance of leading technology solutions leading to increased demand in China, South America , South Africa and India

• New product support centres in China and Chile will drive recurring revenue from after sales service and support

• Mining services well positioned to benefit from expected upturn in mining activity and increased client production targets

• Expecting improved profitability in FY10 based on current view of opportunities