1. Abaco plc Financial Review Abaco plc Roberta Bryant 29 th September 2002

2. Abaco plcAgenda  Overview  Income breakdown by region  Income v earnings per share  Balance sheet details  5 year highlights  Looking ahead  Questions and answers…

3. Abaco plcOverview  Income slowing in last quarter  Operating profit increase for 5th year in a row  Earnings per share increase of 5%  US acquisition yielding profits ahead of budget  African acquisition fitting well into group  Successful entry into Australian market  Growth in Eastern Europe ahead of budget

4. Abaco plcChallenges  Global slowdown affecting new projects  Need to consolidate existing acquisitions  Need to hedge against currency fluctuations

5. Abaco plc Reviewing the Challenges  Monthly meetings to discuss global slowdown  Monthly review of progress in consolidating acquisitions  Weekly review of currency movements and impact on company profits

6. Abaco plc Income Comparison by Region

7. Abaco plc Income vs Earnings Per Share

8. Abaco plc Balance Sheet Details

9. Abaco plc 5 Year Highlights 1998 1999 2000 2001 2002 UK disposal at £27m Stg profit Major German acquisition East European acquisitions Australian expansion US profit

10. Abaco plc Looking Ahead… Cost Cutting Consolidate Acquisitions Cost Cutting Consolidate acquisitions Increased Profit What are goals for next year? Increased Profit

11. Abaco plc Questions and Answers… Q&A

12. Abaco plc Refreshments Refreshments available in Boardroom Thank you for your attention