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FY08 Exhibit 109 Update Summary Current FY08 Materials +2.9%, +$ 5.1 M Impact

FY08 Exhibit 109 Update Summary Current FY08 Materials +2.9%, +$ 5.1 M Impact. $1.1M favorable to Financial Review. Significant Changes Since NPC. FY08 Metal Hedges. 24 Month View – Non Ferrous Hedge Positions. Key Projects Top 10 Bottom 10.

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FY08 Exhibit 109 Update Summary Current FY08 Materials +2.9%, +$ 5.1 M Impact

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  1. FY08 Exhibit 109 Update Summary Current FY08 Materials +2.9%, +$5.1M Impact $1.1M favorable to Financial Review

  2. Significant Changes Since NPC

  3. FY08 Metal Hedges

  4. 24 Month View – Non Ferrous Hedge Positions

  5. Key ProjectsTop 10 Bottom 10

  6. FY08 E-Sourcing Plan Aggressive Across All Spend Categories – Plan up $2.7M from FR FY08 FR Out - $23.5MCurrent - $26.2M Key Drivers Direct Material - +$1.5M for Alloy Die-casting ATX - +$2M for Castings/Plastic Parts

  7. TO UPDATE with Sandy Information

  8. NPC – EX 247 A TO UPDATE with Sandy Information Past changes are still rolling into the numbers – will be completely in the calculation by the end of next quarter: • Sigma – Moved $17M from 30 days to 40 days • Extended payment terms on additional $5.6M 30 day suppliers to 40 days

  9. Key ProjectsRegionalization of HCS Bare Copper Wire International Wire (Old Supplier) Magnekon (New Supplier) Atizipan EGS Plant

  10. Key ProjectsATX Regionalization of Luminaire TSet Base & Plastic Cover IBV (New Supplier) ATX EGS Plant Cluj EGS Plant Stratinor & Neyr (Old Suppliers)

  11. MIN Update - EGS FY08 Jan 07 Jan 08 FY08 Jan 07 Sep 07 Expected Data Data Expected Capture rateCapture rateCapture rateQualityQualityData Quality Asco Valve 44% 88% 95% 76% 96% 99% Branson 77% 87% 94% 47% 99% 99% EPT 74% 90% 93% 75% 100% 100% Leroy Somer 78% 85% 89% 95% 99% 99% Control Tech. 51% 90% 91% 36% 97% 99% EGS 73%90%*93%30% 95%99% IA Total 70% 87% 91% 71% 97% 99% Significant Improvement In FY07 For Both Capture Rate And Data Quality. *EGS: Data quality issues delayed ATX implementation to Q1 FY08

  12. Key ProjectsNASCO – Value Proposition is $730K Savings for Atizapan • Nov 2008 – EMR/Penske NASCO Site Visit; Dec 2008 – EGS approved NASCO project; Feb 2008 – On-Boarding Meeting JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC EGS Project Team Formed Review of ETH Specs Switch to ETD for TL Savings Switch to Protrans for LTL Savings On-Site On boarding with EMR and Penske Switch to EMR approved broker for Brokerage Savings Switch to EMR approved Mexican Carrier for TL Savings Penske MFU Switch of Bonded Warehouses Solicitation of NASCO Vendor Info Set up of Penske TM System Placement of knowledgeable Penske resource critical to timeline and savings Penske Training of Carriers/Planners Penske Training of Vendors

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