Expanding the Patrick Terminal at Port BotanyAusIntermodal 2012, Melbourne, 30-31 October

1

• This presentation includes “forward-looking statements.” These can be identified by words such as “may”, “should”, “anticipate”, “believe”,

“intend”, “estimate” and “expect”. Statements which are not based on historic or current facts may be forward-looking statements.

• Forward-looking statements are based on assumptions regarding Asciano’s financial position, business strategies, plans and objectives of

management for future operations and development and the environment in which Asciano will operate.

• Forward-looking statements are based on current views, expectations and beliefs as at the date they are expressed and which are subject to

various risks and uncertainties. Actual results, performance or achievements of Asciano could be materially different from those expressed

in, or implied by, these forward-looking statements. The forward-looking statements contained in this presentation are not guarantees or

assurances of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the

control of Asciano, which may cause the actual results, performance or achievements of Asciano to differ materially from those expressed or

implied by the forward-looking statements. For example, the factors that are likely to affect the results of Asciano include general economic

conditions in Australia; exchange rates; competition in the markets in which Asciano does and will operate; weather and climate conditions;

Disclaimer

conditions in Australia; exchange rates; competition in the markets in which Asciano does and will operate; weather and climate conditions;

and the inherent regulatory risks in the businesses of Asciano. The forward-looking statements contained in this presentation should not be

taken as implying that the assumptions on which the projections have been prepared are correct or exhaustive.

• Asciano disclaims any responsibility for the accuracy or completeness of any forward-looking statement. Asciano disclaims any responsibility

to update or revise any forward-looking statement to reflect any change in Asciano’s financial condition, status or affairs or any change in the

events, conditions or circumstances on which a statement is based, except as required by law.

• The projections or forecasts included in this presentation have not been audited, examined or otherwise reviewed by the independent

auditors of Asciano. Unless otherwise stated, all amounts are based on A-IFRS and are in Australian Dollars. Certain figures may be subject to

rounding differences. Any market share information in this presentation is based on management estimates based on internally available

information unless otherwise indicated.

• You must not place undue reliance on these forward-looking statements.

• This presentation is not an offer or invitation for subscription or purchase of, or a recommendation of securities. The securities referred to in

these materials have not been and will not be registered under the United States Securities Act of 1933 (as amended) and may not be

offered or sold in the United States absent registration or an exemption from registration.

2

Asciano at a Glance

PN CoalBulk & Automotive

Port Services

Bulk PortsSouth East

Australia

AscianoFY12 Revenue: $3,456.7 million

FY12 EBITDA: $907.7m

Total Employees: 7,446*

PN Rail

Intermodal

Terminals & Logistics

East Swanson Dock

(Melbourne)

FY12 Revenue - A$492.92m

FY12 EBITDA - A$82.0m

At 30 June the division operated

17 sites located throughout

Australia. The division has joint

venture interests in a number of

port operations.

1,762 employees*

3

Autocare

FY12 Revenue - A$690.4m (net of

access)

FY12 EBITDA – A$327m

FY12 NTKs - 19,988m

At 30 June 2012 had 246

locomotives & 5,596 wagons: total

insured value of A$1.92 bn.

1,274 employees*

FY12 Revenue - A$1,323m

FY12 EBITDA – A$316m

FY12 NTKs – 28,620m

At 30 June 2012 had 350

locomotives & 6,995 wagons.

2,349 employees*

Australia

North East

Australia

* Full Time Employees employee numbers as at 30 June 2012

FY12 Revenue - A$781.2m

FY12 EBITDA - A$225.6m

FY12 TEUs (‘000) – 2,912

At 30 June 2012 had 20 cranes,

112 straddle carriers, other

equipment & facilities: total

insured value of A$1.4 bn.

1,818 employees*

Bulk RailFisherman Islands

(Brisbane)

Fremantle

(West Australia)

(Melbourne)

Port Botany

(Sydney)

Patrick Ports Overview

Value Proposition

The Patrick Ports portfolio comprises containers terminals, port logistics services for

landside management of import/export containers, an end-to-end supply chain offering

for automotive manufacturers, bulk port management and stevedoring for general cargo

� Well established, long history, respected and strong brand awareness in industry

� Privileged container terminal assets in key port locations in major Australian capital cities

� Weighted average length of service for top 5 container terminal customers is 17 years

4

� Weighted average length of service for top 5 container terminal customers is 17 years

� Diverse customer base consisting of major FMCG players, global shipping companies,

automotive manufacturers and resources sector

� Only existing national container terminals operator with landside logistics capability

� World class container yard automation technology successfully installed in Brisbane and

significant expansion plans

� Exposure to growth in resources and oil & gas sectors via bulk ports and stevedoring

Patrick Terminals and Logistics

Overview of Port Logistics

Port Logistics Supply Chain Opportunities

Land transport

Consolidation hub and

value added processing

EXPORT activitiesports, stevedoring and freight forwarding

Export clients

• Patricks only operator with a

role in all elements of supply

chain

– Terminal

– Container Parks

– Transport

– Logistics

Land transport

De/consolidation hubs, cross dock

and value added processing

Land transport

Import clients/warehouses

freight forwarding

IMPORT activitiesports, stevedoring and customs clearance

Container storage, repair and service

Empty container delivery

– Logistics

– Rail

• Synergy value and operating

model under development

• Potential value-add for

shipping customers and lock-

in to Patrick’s services

5

Land transport

Patrick Terminals and Logistics

Sydney - Port Botany

• Port Botany is Australia’s largest container port

• Patrick annual throughput capacity of approximately 1.2m TEUs, increasing to 1.6m TEUs by

mid 2014.

• Additional capacity expansion beyond 2014 to 2.8m TEUs with introduction of ASCs

• Land area covering circa 44 hectares (increasing to 61 hectares by mid 2014 with the

development of the “the Knuckle”)

• 5,500 yard slots (increasing to 8,500 slots by mid 2014)• 5,500 yard slots (increasing to 8,500 slots by mid 2014)

• Berth length: 1,000m (increasing to 1,400m by mid 2014)

• Re-development:

– Approved capital investment of $348m including full development of the Knuckle and

introduction of Autostrad technology.

– 400m extension of berth and up to an additional 18 hectares of terminal area, once the

Knuckle is developed by mid 2014

– Re-development to roll-out AutoStrads by mid 2014

• Lease tenure to at least 30 June 2043

6

3.13.0

2.82.7

2.52.4

2.32.1

2.02.0

Terminal starts to become inefficient

(2014)

Terminal at capacity(2017)

Without Port Botany expansion:

Port Botany Throughput TEU (millions)FY06 to FY20

Historical throughput Forecast

Patrick Port Botany Re-Development

Key offering within our Australian Network

FY06

1.9

FY09

1.8

FY08

1.8

FY07

1.61.4

FY20FY19FY18FY17FY16FY15FY14FY13FY12

2.0

FY11

2.0

FY10

Knuckle completion

(Expected mid 2014)

� Provides additional capacity for the next 10 years

� Provides the option for future expansion up to 2.8m TEU

7

� 17.6 Ha area with a 400m

quay line

� $348m redevelopment

� Design, civil works,

Investing $350m to comprehensively expand,

redevelop & automate Port Botany Terminal

Port Botany “Knuckle”

“Knuckle”

(400m)

� Design, civil works,

construction: $242m

� 44 new straddles and

other equip: $75m

� IT fees and other costs:

$31m

� 3 Cranes already delivered:

$35m

Capacity will increase8

Patrick Port Botany Re-Development

Video

Entire Terminal as at May’12

9

Truck Grids Ramp D

Workshops

Rail

The “Knuckle” delivers flexibility to expand,

but with minimal disruption to customers

Proposed Layout

Admin

Building

10

� Automated 10 metre high, 65 tonne straddle carriers

� Sophisticated motion control and navigation systems

� Moving and stacking containers from quay line into holding

yards and onto vehicles and back to quay cranes

What are Autostrads?

How do they work?

The Port Botany Terminal will be transformed

into a world class AutoStrad™ Terminal

More efficient, consistent and safe operations

� Two important concepts:

� Positioning through DGPS and millimetre wave radar,

accurate to 2 centimetres

� Movement through use of node paths on a virtual map

(nothing in the ground)

� Anti-collision functionality operates at various levels

� Eminently flexible, scalable and deployable

11

Our safety record at Fisherman Islands has

significantly improved since automation

100

120

140

160

LTIFR

Post-AutomationPre-Automation

Fisherman Islands LTIFR(before and after automation)

0

20

40

60

80

100

Year

-94%

4321Automation-1-2-3-4

� Nearly half of the current LTIFRs are due to Straddle injuries (Port Botany)

12

Fisherman’s

Island

75

125

100

%

Our performance in Fisherman Islands

Leader in the industry

Window Performance ComparisonFeb 10 to Aug 12

� Drives a significantly better and more reliable performance outcome for our customers

� Enables 24 hour operation regardless of weather and labour availability

13

75

0

50

25

Port

Botany

Apr/10 Jul/10 Oct/10 Jan/11 Apr/11 Jul/11 Oct/11 Jan/12 Apr/12 Jul/12 Oct/12

� Patrick is aiming to become the market share leader in Container Terminals

........ but we are competing against two global Container Terminals leaders

� Port Botany is pivotal within our Port Network and we are investing $348m

Patrick Port Botany Re-Development

Positioning Patrick as a market leader

…….. to comprehensively expand, redevelop & automate the Terminal

� A world class AutoStrad™ Terminal provides Safety and Performance benefits

........ but we need to ensure all stakeholders are aligned

� Provides Patrick with the ability to deliver on its value proposition

14

Patrick Port Botany Re-Development

Conclusion

Investment

� Operational

Performance� Investment

� Labour & IR

� Innovation

� Process

15

Operational

PerformanceLabour

& IR

Innovation

Process� Collaboration

� Stevedore

� Shipper

� Road

� Rail

� Stakeholders� Government

� Community

� Port Owners

� Shareholders

Questions

1616