ALS LIMITED — Investor Presentation 2011

May 3, 2011

Paul McPhee, Group General Manager, Coal

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Campbell Brothers Company History

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Soap & Chemical Company Established

Listed on ASX

Modern Era

1863

1952

1980

2010

Campbell Brothers Limited – Today

• Listed on the Australian Stock Exchange

• Market Capitalization AUD$3.1 billion (EV AUD$3.3 billion)

• Annual Revenues AUD$1billion+

• 8000 Staff

• Operations in 44 countries on 6 continents

• Conservative Funding – 12% gearing

• Strong dividend stream

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Campbell Brothers Structure

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ALS Laboratory Group accounts for >95 percent of Campbell Brothers total earnings

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Minerals
Metallurgical
Coal
Environment
Tribology
Food - Pharma
Industrial
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Genuine global market focus

Leveraging latest technology Servicing large, multinational, resource companies Outperforming its competitors Superior service quality and turnaround times Ammtec business going well

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extends ALS’ service product range focused on growth looking to globalise performing as per guidance

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Ammtec Acquisition Rationale Cradle to Grave – the value add of analytical services

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Mine Life Cycle

Exploration Feasibility Design Development Production Rehabilitate Services Minerals

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Metallurgical

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Coal Environmental Tribology

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Industrial

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ALS Strategy

T esting

I nspection

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C ertification

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TIC Market Drivers:

1. Economic Growth & Trade

2. Outsourcing

3. Regulatory Requirements

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ALS Strategy

T esting I nspection C ertification

Global TIC Markets $300 billion (2009)

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Outsourced Other
25.6%
Outsourced
15 Largest
9.4%
In House &
Government
65.0%
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TUV
Lloyds
Rheinland
0.5% [Applus ]
0.6% 0.4% TUV Nord
DNV
0.4%
0.7%
Germ. Lloyd
Intertek 0.4%
Apave
0.7%
0.3%
Eurofins
0.3%
Tuv Sud
U.L.
0.7%
0.3%
ALS
0.3%
Dekra
0.8%
SGS
1.7%
Bureau Veritas
1.5%
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Source: Jefferies International July 2010

ALS Strategy

T esting I nspection C ertification

Global Market Value $100 billion (2009)

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Systems &
Minerals
Marine Environment
Life Sciences Services Life Sciences
2%
3% 3.0%
(Pharma & Certification (Food)
Bioanalytics) 4% 9%
10% Agriculture
2%
Automotive
Oil & Gas
3%
3%
Consumer
Testing
9%
Industrial
51%
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Source: Jefferies International July 2010

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ALS Strategy 2001 2006 2011e
$80 million $220 million $860 million
AUSTRALIA ASIA SOUTH AMERICA NORTH AMERICA AFRICA EUROPE
MINERALS ENVIRONMENTAL COAL TRIBOLOGY INDUSTRIAL OTHER
GEOGRAPHY SECTOR
1000
2001
900
800
700
600 2006
500
400
300 2011 e
200
100
0
Revenue ($ million)
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200,000 150,000 100,000 50,000

50,000

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ALS Global Mineral Sample Flow

(trailing 52 week running average) and

Global Exploration Spend

20 18 16 14 12 10 8 2006 2007 2008 2009 2010 2011 2012 6 4 2 0 Week

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Source: MEG & UBS

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Coal Division EBIT Performance

• Responding to client needs by being focused on efficiency, quality and speed of service

• Unfazed by GFC; contending with floods and Japan’s catastrophes

• Investing in new sites in Australia, South Africa and Canada

• Gladstone, Australia 2008

• • Newcastle, Australia 2008

• • Richmond, Canada 2009

• Gunnedah, Australia 2009

• • Witbank, South Africa 2010

• Collie, Australia (acquired) 2010

• • Lephalale, South Africa 2010

• Emerald, Australia 2011

• Richlands, Australia 2011

• Bowen, Australia 2011 (approved)

• • Ulan Bator, Mongolia 2011 (approved)

• • Mackay, Australia 2012 (approved)

•

• Sponsoring innovation, automation and standardisation across all sites

• Looking for opportunities in new markets and providing new services

Tier 1 clients:

• BHP/BMA

• Rio Tinto

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• Xstrata

• Vale

• Anglo American

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New Richlands facility (Brisbane, Queensland)

• Largest coal testing facility in the world

• 9,625m[2] under roof

• 28,400m[2] land

• Ample capacity for growth

• Superseding Ipswich site

• Integrated process automation

• Analytical laboratory operating from April 2011

• Physical testing laboratory undergoing fit-out

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Thank You

Questions?