Terex Construction Robert Isaman, President Terex Construction

1. Terex Construction Robert Isaman, President Terex Construction

2. Terex Construction Products Trucks Heavy Equipment Articulated Haulers Motor Scrapers Excavators Large Wheeled Loaders Compactors Rigid Haulers

3. Terex Construction Products Material Handlers Light Construction Material Handlers Loader Backhoes Site Dumpers Mini Compactor Mini & Midi Excavators Wheel Loader Telehandlers

4. Terex Construction Sales Footprint

5. 2007 Terex Construction Manufacturing Footprint 1 9 3 Manufacturing Locations EMEA facilities operations improvements underway EMEA Sanhe, PRC mini-excavator facility operational 2 Americas Nodia, India back-hoe loader facility operational Asia

6. Terex Construction Transformation

7. Strategy to Reach Full Potential 1 2 3 Optimize Profitability of Current Portfolio Build around Strongest and Most Attractive Businesses Build a Long-term RepeatableSystem

8. 2007-2008 Focus Supply chain efficiency Production effectiveness Pricing Acquisition integration Margin expansion/ productivity Regionally focused product/service innovations Marketing effectiveness – closer to the customer Aftermarket investments BRIC+ 7 expansion Growth Asset velocity Working capital Fixed asset productivity Cash generation

9. TEREX HUMAN RESOURCES SYSTEMS Design for Regionalized Manufacturability Optimized Supply and Logistics Chain Flexible Assembly Footprint Improved Process Quality Improved Flow and Throughput Reduced Inventory And Costs • Modular • Scalable • Parametric • Green • Global for Commodities • Regional for Sub-systems • Common Front End • Common 3PL • Parts Availability • Freight Density • Leverage Scale • Reduce Inventory • Lean Planning • Centers of Competency • Close to End-users • Selective Vertical Integration • Order to Delivery Cycle • One Piece Flow • Value Stream Mapping (VSM) • Lean Execution TEREX BUSINESS SYSTEM Margin Expansion/Productivity Programs Terex Construction Operations Transformation May 2007 Jan 2008

10. Mother/Daughter Manufacturing Lines Example of producing scissor lifts from the Aerial Work Platform Segment in a Construction Segment facility in Coventry, UK ** ** Takt time is the available minutes in a production day divided by the required output, which is then used to set the production pace for the day.

11. Goal: Globally Balanced (Flex Factory) Footprint 40 % of Total Manufacturing Footprint EMEA 30 % of Total Manufacturing Footprint 30 % of Total Manufacturing Footprint Americas Asia Low-cost sourcing team Manufacturing COC Engineering COC

12. Growth: Get Closer to the Customer

13. Growth: Invest in Strong, Attractive Businesses

14. Growth: Fill Product and Segment Gaps ASV Revenue • Best in class technology with Unique “Posi-Track” undercarriage – 10+ year patent protection • Compact track loaders compete in large skid steer market • Owns Loegering – bolt-on track systems • Global opportunity – 90% of sales in the U.S.; no sales to Europe • 313 independent ASV dealers (primarily North America); minimal rental channel participation • Operating profit 7.8% (cyclical low), vs. 17.2% in 2005 A A

15. Measuring Dealer Performance, Best Practices and Capabilities Growth: Increase Dealer Effectiveness • Distributor Capabilities include… • Staffing • Training • Marketing • Service Infrastructure • Parts Infrastructure • Business Management • Facility • … 3 Crown • Performance Metrics include… • Market Share • Customer satisfaction • Number of Terex lines carried • Parts sales • Equipment sales • Year over year growth • Utilization of Terex Financial Services • Rental • … 2 Crown 1 Crown 0 Crown “Qualifying” Crowns are stretched - fix

16. Summary Cost reduction: sourcing, low-cost country footprint, process discipline ‘One face’ to customer, closer to the customer Expansions in Brazil, Russia, India, China, + 7 other low market penetration countries Competencies exist for integration of mergers and acquisitions Elements of Transformation Aggressive full potential profitability plan in motion