1. Australian Association of Agricultural Consultants Cameron Hall – CEO LiveCorp 27 November 2009

2. Presentation Industry Overview Market Opportunity WA Sheep Supply Animal Welfare

3. Live Cattle – market overview

4. Live Cattle – Market share Market Share 2002/03 (1,000,000 head) Market Share 2008/09 (890,000 head)

5. Rapidly increasing populations in developing Asian countries Source: MLA

6. Indonesian live cattle market opportunities for north Aust cattle 230m people Strong economy 2kg beef consumption, mostly Java and Sumatra Islamic market – no pork FMD free Established feedlotting partners Cattle to Indo 2009: 544k end Sep. Market outlook remains strong

7. Live Sheep Exports – Volume and Value

8. Live and Meat volumes

9. Live sheep exports

10. Recent Research Sheep Supply in Western Australia

11. Australian Winter Crop Area & Sheep Numbers

12. Land Use in Western Australia

13. Australian Sheep Flock & Sheep Prices

14. Sheep Numbers & Turnoff – Western Australia (million head)

15. Indexes of Prices Received by Farmers Australia

16. Ratio of Prices Received for Livestock Relative To Total Grains

17. What does this mean? (million head) The markets are strong and supply is weak Sheep producers in a strong position with healthy competition.

18. Live export program – Research & Development Investment in R&D is spread across  On farm  Pre export  On board ship / airplane  Post arrival R&D delivers across three strategic focus areas  Animal welfare  Market access  Supply chain 2009/10 R&D budget is $1.8M

19. Factors impacting animal welfare People  Management  Animal husbandry practices  Livestock handling Facilities  Ships and ports  Trucks  Feedlots  Abattoirs Weather – extremes

20. Questions?