1. collaboration | commercialisation | diversification | internationalisation SNE Launch Event 27 th June 2006 Perry Slingsby Systems Overview Kevin Taylor General Manager

2. collaboration | commercialisation | diversification | internationalisation Perry Slingsby Systems History 1970’s – First Manned Submarine Rescue System First SubSea Robotic System 1980’s – First Work Class ROV 1990’s – First Commercial 3000 metre ROV 2000’s – First Flying TMS 2000’s – Successful entry into Subsea Control Systems Perry Slingsby – More Than Just ROV’s

3. collaboration | commercialisation | diversification | internationalisation PSS Business Lines Vehicle Systems (ROVs)Tooling & Robotic SystemsGeotechnical & Trenching Products DefenceSupport ServicesProcess Control Products EXPERIENCE, DEDICATION, VISION

4. collaboration | commercialisation | diversification | internationalisation Global Organisation PSS factory facilities in Kirbymoorside, UK and Jupiter, Fl, USA PSS local area offices in Aberdeen, Houston and Singapore 24 x 7 global and technical support

5. collaboration | commercialisation | diversification | internationalisation Strategy and Vision An International Group capable of designing, building and supporting a wide range of technologies and systems for remote intervention operations and applications Design, Engineering Consultancy Training, Simulation Maintenance Operations Support Manufacturing Production Integration

6. collaboration | commercialisation | diversification | internationalisation Key Projects SRS (Submarine Rescue Systems) Delivered – LR5 to the British Royal Navy – LR5K to the Republic of Korea Recently Awarded – NSRS for NATO – LR7 for an undisclosed navy

7. collaboration | commercialisation | diversification | internationalisation Key Projects Vehicles Triton T750 Trencher – Pipeline/Cable Burial System – 750 HP System Recently Awarded – Upgrade for Rock Cutting Capability

8. collaboration | commercialisation | diversification | internationalisation From Reality to Simulation Pilot Training –Flight Controls –Software and Hardware Control System –Manipulators –PTZ Cameras –Tether Controls –Sonar –Tooling Mission Planning & Rehearsal –Custom Scenarios –Multiple vehicles –Customized Field Interaction and Activities

9. collaboration | commercialisation | diversification | internationalisation SNE Launch Event 27 th June 2006 Perry Slingsby Systems Thank You