1. Welcome

2. Who we are World class developer and manufacturer of high technology components and sub-systems exploiting its expertise in materials science

3. History 1947 1968 1988 1999 2002 Phoenix Dynamo Co Ltd formed Name changed to English Electric Valve GEC acquires English Electric Name changed to EEV Ltd Name changed to Marconi Applied Technologies 3i and Management buy out business from Marconi to found e2v technologies 2003 e2v technologies acquires automotive security business from Dynex Semiconductors Ltd 2004 e2v technologies floats on the London Stock Exchange

4. Group overview e2v is: One of the leading manufacturers of high technology electronic components and subsystems:  electronic tubes  sensors A supplier into niche sectors within the following global markets  medical & science  aerospace & defence  commercial & industrial An established and profitable business  sales of £97.6m*  Orders of £110m* Sales by value * * Actual results to 31 March 2004

5. Operations  Headquartered in Chelmsford, second factory in Lincoln  Approximately 1300 employees; 322 engineers and scientists  ISO9001:2000 and 14001:1996 certified  11 Queen’s Awards - Two in 2003 & One in 2004 Chelmsford Lincoln

6. Global business  HQ in the UK  Further sales offices in the USA, Germany and France, 43% of sales*  28 distributors and 10 consultants worldwide  17% of sales via third parties*  69% of products exported*  Selling to 50 countries*  Excellent customer retention * For the year ended 31 March 2004

7. 8% 58% 2% 32% Global Reach, % sales by territory e2v locations Main distributors

8. The management team

9. Technology evolution Vacuum based magnetrons RF sources Orthicons and Leddicons; light sensors for TV cameras Pevicons: infrared sensors Image intensifiers CCDs for imaging Gas sensors Tube based sensors Solid State sensors Tetrodes / Triodes Thyratrons / Spark gaps Solid State Modulators Tube based high power switches / heating Solid State high power switching Incorporation Today Travelling Wave Tubes Klystrons / IOTs Receiver protectors Diode oscillators RF and microwave sensors Circulators Microwave receivers Tube based RF devices Solid State RF / microwave devices

10. Technology credentials  Library of over 60 patents and over 60 pending  IP inherent in processes and designs established over 50 years  Track record of business development and technology exploitation  Participation in technical committees, advisory boards, international conferences

11. High power RF and switching Products  Discrete devices; magnetrons, klystrons, TWTs, thyratrons & gridded tubes  High power switching systems; modulators, power supplies & amplifiers Markets  Broadcast communications  Medical; microwave treatments, radiotherapy and lithotripsy  Industrial processing; heat treatment, welding and industrial laser drivers  Commercial radar; marine & aerospace  Radar systems & electronic countermeasures

12. Sensing Products  Imaging sensors and cameras; CCDs, visible light cameras and thermal imagers  Gas sensors  Solid state RF / microwave devices and circuits Markets  Medical and scientific imaging systems  Space and astronomical optical instruments  Defence; imaging systems and radar  Commercial radar; marine, aerospace and auto

13. External Links Universities  Collaborations with Universities worldwide  Technical consultants and funded projects in place National Laboratories  RAL, Daresbury, DSTL, CNRS, ESO, SLAC, DESY Space Agencies  ESA, NASA, JAXA Industrial Links  Design Houses, TWI, IEE, customers, QinetiQ Funding Sources  PV, DTI, EPSRC, PPARC

14. Our Customer Focus Customer support programme Six Sigma  A process for continuous improvement  Data driven  Analyses & solves root causes of problems Life Cycle Management  A holistic approach to managing projects  Control and management of risk ISO 9001:2000 and ISO 14001:1996 certification ISO/TS 16949:2002 certification (automotive products) Supplier partnership development

15. High quality workforce 141 322 120 99 78 Leadership Professional Engineers/Scientists Technicians/ draughtspersons Other professional Admin/Clerical/Secretarial Craftsmen Operators and others Team leaders/ group leaders 68 57 405 * Actual results to 31 March 2004

16. Environment and the Community Environment  ISO 14001 certified  Committed to minimising environmental risk  Increased levels of waste recycling  Winner of Environmental Awards Community  Demonstrating our responsibility through support of the community  Maximising the involvement of younger people  Donations to local charities and Corporate sponsorship of Farleigh Hospice and Little Haven Children’s Hospice