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Welcome to. A leading global manufacturer of electronic instruments and electromechanical devices. 1. Clear Vision • Sound Strategies • Solid Performance. Overview. $1.6 billion in annual sales 46% of sales are outside the United States
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Welcome to A leading global manufacturer of electronic instruments and electromechanical devices 1 Clear Vision • Sound Strategies • Solid Performance
Overview • $1.6 billion in annual sales • 46% of sales are outside the United States • Employs nearly 10,000 colleagues throughout the world • Operates more than 60 manufacturing facilities and 60 sales and service centers in the United States and more than 30 other countries worldwide • New York Stock Exchange listed since 1930 (symbol: AME) • Component of the Russell 1000 and S&P MidCap 400 indexes 2
Two Operating Groups • Electronic Instruments Group (EIG) • Electromechanical Group (EMG) RevenueOperating Income Electronic Instruments Group Electromechanical Group 3
Electronic Instruments Group Markets • Process & Analytical –Serves the chemical, petrochemical, refining, semiconductor, factory automation, and research and laboratory equipment markets offering a variety of measurement instruments • Aerospace –Commercial transport, regional aircraft, military, business jets, and military vehicles. Serves both airframe and engine component manufacturers and aftermarket • Power –Power quality and monitoring instrumentation, Uninterruptible Power Supply (UPS) systems, and power generation instrumentation • Industrial –Provides instrumentation for heavy truck, agriculture, construction and other vehicles, and food service 4
Electronic Instruments Group Businesses • Advanced Measurement Technology – ORTEC®, Princeton Applied Research, SIGNAL RECOVERY®, Solartron Analytical • Aerospace & Defense – Sensors and fluid management subsystems, power data systems, thermal management components and systems, service operations • Chemical Products – HAVEG®, Westchester Plastics • Dixson • Materials Analysis Division – EDAX®, Spectro • National Controls Corporation (NCC) • Power Systems & Instruments – Gulton Statham Products, PANALARM®, Power & Industrial Products, Rochester Instrument Systems (Scientific Columbus), Prestolite Power & Switch, Solidstate Controls • Process & Analytical Instruments – Process Instruments, WESTERN RESEARCH®, Chandler Engineering®, Solartron ISA, Trace Analytical™, THERMOX® , Dycor® • Sensor Technology– Automation & Process Technologies, DREXELBROOK® • Taylor Hobson – Solartron Metrology • Test & Calibration Instruments – AMETEK Denmark (Jofra), Lloyd Instruments, PETROLAB®, Grabner Instruments • U.S. GAUGE® – Hunter Spring Products, PMT Products, CHATILLON®, Mansfield & Green • AMETEK Instruments Europe • AMETEK Singapore 5
Electromechanical Group Markets • Materials, Interconnects & PackagingHighly engineered hermetic connectors, terminals and microelectronic packaging used to protect sensitive electronic devices from thermal and environmental damage. High-purity specialty metals, strip and shaped wire, and metal matrix composites • Technical Motors & SystemsAC and brushless DC motors, blowers and heat exchangers used for electronic cooling, environmental control and nuclear, biological and chemical filtration systems • Floor Care & Specialty MotorsMotor-blowers for vacuums and other floor care appliances and specialty motors for outdoor power equipment and small household appliances
Electromechanical Group Businesses • HCC Industries–Glasseal ProductsTM, Hermetic SealTM, HCC AegisTM, SealtronTM • Aerospace & Defense–Aircontrol Technologies, Airscrew, Hughes-Treitler, ROTRON® • Commercial Motors – LAMB® Electric • Global Floor Care Motors – AMETEK Italia (Vacuum Products), AMETEK Motors Shanghai • Global Specialty Motors – AMETEK do Brasil, AMETEK Italia (Ciaramella), Prestolite Motors, Specialty Motors • Specialty Metal Products • Technical & Industrial Products 7
Our Vision • To double the size and profitability of AMETEK over the next five years • Committed to achieving double-digit annual percentage growth in diluted earnings per share over the business cycle • AMETEK’s attributes: • Preferred customer/supplier • Valued investment for our shareholders • Employer who seeks and encourages participation among its colleagues • Ethically and socially responsible corporate citizen Frank S. Hermance Chairman and Chief Executive Officer 8
Values • AMETEK’s commitment: • Provide world-class products and services at competitive prices • Forge beneficial partnerships with customers and suppliers based on fairness and integrity • Foster a work environment that treats all colleagues with respect and provides them with opportunities to develop to their fullest potential • Provide investors with consistent and superior returns on their investment • Remain committed to the highest standards of corporate responsibility and ethical business behavior For more information about AMETEK, visit our Web site at www.ametek.com 9
Our Mission • Enhance shareholder value through the sound execution of our Four Growth Strategies: Operational Excellence Strategic Acquisitions & Alliances Global & Market Expansion New Products 10
(dollars in millions)2005 2004 Sales $1,435 $1,232 Operating Income $239 $196 Net Income $141 $113 Financial Highlights Diluted Earnings Per Share 5 year CAGR is 14% • AMETEK achieved record resultsin 2005, reflecting a strong economicrebound $2.00 1.75 1.50 1.25 1.00 .75 .50 00 01 02 03 04 05 11