Slide 1:

PACIFICA GROUP LIMITED FINANCIAL RESULTS FOR THE HALF YEAR ENDED 30 JUNE 2001

Slide 2:

HIGHLIGHTS US Automotive strong Australian Automotive softer Partial recovery in Construction Sale of Plastics

Slide 3:

AGENDA Summary Financials Sale of Plastics Construction Products Automotive Outlook Strategic Direction

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SUMMARY P&L $ Millions 1st Half ‘01 1st Half ‘00 % Change Revenue 615.6 536.0 14.8 EBIT 42.3 39.8 6.1 Profit after tax 16.3 16.8 (3.3) EPS (cents) 10.9 c 11.5 c (5.2) DPS (cents) 8.5 c 8.5 c Franking (%) 81% 60% Underlying Tax Rate (%) 27.3% 32.4% Note: All comparisons reflect 2000 pre abnormals

Slide 5:

SALES ANALYSIS BY DIVISION 2001 2000

Slide 6:

EBIT ANALYSIS BY DIVISION (Pre 2000 Abnormals) 2001 2000

Slide 7:

CASH FLOW / DEBT / CAPEX 1st Half ‘01 1st Half ‘00 Operating Cash Flow ($ millions) 40.8 67.9 Capex ($ millions) 36.9 57.0 Capex : Depreciation 1.1 times 1.9 times Gearing 62.4% 61.3% Note: Pre sale of Plastics

Slide 8:

Operating Cash Flow ($ millions) 40.8 67.9 On budget performance Difference between periods all relates to Automotive Structural issues apply CASH FLOW 1st Half ‘01 1st Half ‘00

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SALE OF PLASTICS $ Millions Sale Proceeds 44.5 Debt Removed from Balance Sheet 29.6 Profit on Sale 3.4 Reduced Gearing -11% Nominally EPS dilutive in H2

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CONSTRUCTION PRODUCTS - MAIN ISSUES Performances differ considerably by region Webforge Asia positive Webforge Aust/NZ in line with expectations Lionweld Kennedy remains an issue Lionweld Middle East growing strongly Melwire relocation issues continued in H1

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AUTOMOTIVE - MAIN ISSUES US market - held firm Knoxville - increased volumes and improved production efficiencies Columbia - ramp up delay Australia - domestic solid but exports to US soft Asia - maintained performance

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GEOGRAPHIC SALES ANALYSIS - AUTOMOTIVE 2001 2000

Slide 13:

GEOGRAPHIC EBIT ANALYSIS - AUTOMOTIVE 2001 2000

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OUTLOOK - H2 and Beyond US market should hold Columbia new programs in H2 Domestic market - domestic solid but exports to US soft Further ahead Corvette corners commences late 2002 Toyota commences mid 2002 Reorganisation has enhanced capability to gain business Target markets Japan and the US Construction - expect continued improvement in H2

Slide 15:

STRATEGIC DIRECTION Evolution into an industrial technology company Growth New technology Faster innovation Enhance shareholder value