Investor Pack Preliminaryyg Results for the Year Ending 31st December 2008

1 Presentation Team

Pat Stanborough Victoria French Mark Lawrence Chief Executive Finance Director & Managing Director, Company Secretary LdLondon Opera tions 2 Contents

The Company Page 4

UK Coverage Page 6

Financials Page 7

Group Business Review Page 14

Turnover Analysis Page 38

Training & Health & Safety Page 41

Looking Beyond 2009 Page 48

Compypany Structure Page 51

3 The Company 4 The UK’s Premier Electrical Contractor

The UK’s Premier Electrical Contractor

Celebrating 120 Years of Electrical Contracting

Founded 1889, the UK's Oldest Electrical Contractor

Listed since 1946 on the London Stock Exchange

14 Group Companies

Operating from 15 Locations across the UK

1600 Directlyypyp Employed Operatives

300 Apprentices

5 Complete UK Coverage Turnover By

6 Financials 7 Headlines – 12 months ended 31st December 2008

Group revenue up 15.4% to £223.7m

Adjusted* operating profit up 77.2% to £14.38m

Adjusted* pre-tax profits up 86. 1% to £15.2m

Pre-tax profit up 64.0% to £13.4m

Adjusted* EPS up 85.8% to 26.63p

Basic EPS up 54.4% to 22.12p

Net cash at 31st December 2008 of £30.4m (2007: £9.0 m)

Outstanding performance by London division

Marked improvement in Regional profitability*

Final dividend up 8.0% to 8.75p

* Before goodwill impairment of £1.8m (2007:£0) 8 Group Summary

Twelve months ended 31st December: 2008 2007 Change Revenue (£000) 223,725 193,845 + 15.4%

Gross profit (£000) 38,483 28,519 + 34.9%

Adjusted* operating profit (£000) 14,383 8,116 + 77.2%

Operating profit (£000) 12,582 8,116 + 55.0%

Adjusted* profit before tax (£000) 15,197 8,166 + 86.1%

Profit before tax (£000) 13,396 8,166 + 64.0%

Adjusted* earnings per share (pence per share) 26.63p 14.33p + 85.8%

Earnings per share (pence per share) 22.12p 14.33p + 54.4%

Order book (£m) £160m £215m - 25.6%

* Before goodwill impairment of £1.8m 9 London Operations

Twelve months ended 31st December: 2008 2007 Change Revenue (£000) 102,132 77,210 + 32.3%

Operating profit (£000) 9,753 5,152 + 89.3% Operating profit margin % 9.5% + 2.8% Profit before tax (£000) 10, 437 5, 108 + 104. 3% 6.7% Profit before tax margin % 10.2% + 3.6%

6.6%

10 UK Regions

Twelve months ended 31st December: 2008 2007 Change Revenue (£000) 121,593 116,635 + 4.3%

Adjusted* operating profit (£000) 4,226 2,506 + 68.6%

Operating profit margin % 3.5% 2.1% + 1.4% Operating profit (£000) 2,425 2,506 - 3.2% OtiOperating profiti%t mar figin % 202.0% 212.1% - 010.1% Adjusted* profit before tax (£000) 4,356 2,600 + 67.5%

Profit before tax margin % 3.6% 2.2% + 1.4% PfitbfProfit before tax (£000) 2,555 2,600 - 171.7%

Profit before tax margin % 2.1% 2.2% - 0.1%

Property Group internal: Weylex Properties Limited £4

*Before goodwill impairment of £1.8m 11

04,000 profit before

tax (2007: £458,000) Group Cash, Dividend, Pension, Goodwill

2008 2007 Change Net cash generated from operating activities (£000) 26,314 10,998

Net cash as at 31st December 08 / 31st Dec 07 (£000) 30,361 8,951

Final dividend (pence per share) 8.75p 8.10p + 8.0%

Total dividend (pence per share) 13p 12p +8.3%

Defined benefit scheme pension liability (post-tax) 1,938 2,395 – 19% as at 31st Dec 08 /31/ 31st Dec 07 (£000s)

12 5 Year Record

13 Group Business Review 14 Major Developments

SECURED - The Pinnacle The City of London’s Tallest Commercial Building 15 £45M, Programme 2009 – 2013 - DESIGN WORKS COMMENCED 2.5 acres overlooking St Paul's Cathedral 220,000 Sq Ft of shops, cafés and restaurants 340,000 Sq Ft of prestigious office space 120,000 Sq Ft of the office space has been pre-let to K&L Gates - OPPORTUNITY

IN PROGRESS – ONOne New Ch ange £15M, Programme 2009 - 2011 16 IN PROGRESS – Regents Place £8M, Due for Completion December 2009 OPPORTUNITY – Future Fit Out

IN PROGRESS – Ropemaker Place £12M, Due for completion Summer 2009 OPPORTUNITY – Fit Out, Bank of Tokyo

17 Greenwich Peninsula

SECURED – Ravensbourne College IN PROGRESS – No204 £5M, On site from Summer 2009 Block A Pre let to TfL due for Completion April 2009 Due for Comp le tion Summer 2010 Bloc k B Due for Comp le tion Summer 2009

18 IN PROGRESS – Central Saint Giles £8M,,p Due For Completion December 2009 PREFERRED BIDDER –NEW COURT Shell & Core, Started March 2009 Pre-Let to NM Rothschild & Sons £3M, Due For Completion September 2010 Net area 405,,q,p000 Sq Ft, office space Net area 144,000 sq ft OPPORTUNITY - Future Fit Out Programme Start on Site Summer 2009 OPPORTUNITY – FitOtfFit Out for N NMR M Roth schild hild&S & Sons

19 Westfield, London Opened to the public 30th October 2008

Europe's Largest Inner City Covered Shopping Mall

400 Electricians on site working 24/7 to achieve completion date

Waitrose store fit out compltdleted

Total Contract Value £76M COMPLETED – Westfield London 20 December 2008

Stratford City London's largest retail-led urban regeneration scheme and is situated next to the site of the 2012 Olympic Games. The £1.45 billion centre is due to open in 2011.

UNDER NEGOTIATION TO SECURE THE CONTRACT FOR Westfield, Stratford City 21 £25M, Planned Completion 2011 £50 million development at Stratford City.

The scheme will create a new John Lewis department store with a new Waitrose as anchors to Westfield's Stratford City retail project.

John Lewis - 240,000 sq ft Waitrose - 32,000 sq ft

Forming part of the John Lewis Partnerships nationwide expansion programme which could see up to 10 new John Lewis department stores opening over the next 10 years and the continued strategic nationwide expansion of Waitrose.

OPPORTUNITIES

Programme 2009 - 2011 22 London 2012 – The Olympic Stadium

OSitEltilItlltiOn Site Electrical Installation commenced January 2009.

FUTURE OPPORTUNITIES

Maintenance of Installation , prior and during the games

Future Legacy Project

IN PROGRESS – Olympic Stadium for London 2012 Due For Completion Spring 2011 23 London 2012 – The Olympic Village

The Olympic Village will provide 17,000 beds for athletes and officials during the Olympic Games and 7 ,500 in the Paralympics Games .

After 2012, it will leave the legacy of up to 3,500 new homes, with the new communities supported by new parks, open space, community facilities and transport links.

OPPORTUNITY - The Olympic Village Programme 2009 - 2012 24 Rail - Docklands Light Railway

As part of the three-car works, a new South Quay station has been built 200m east of the existing station, opening to the public in autumn 2009.

IN PROGRESS - DLR Three Car Capacity Project

Programmed Completion December 2009 25 Rail – Thameslink & Crossrail

BID SUBMITTED Three New Train Maintenance Depots, Part of Thameslink Programme

OPPORTUNITY Cross Rail Station, Canary Wharf Bid due Autumn 2009

RAIL PROJECTS Opportunities for Projects totalling £60M Programme(s) 2010 - 2013 26 Rail – London Underground

OPPORTUNITY Liverpool Street LUL Station Bid Due Summer 2009

BID SUBMITTED Victoria Station, LUL Station

RAIL PROJECTS Opportunities for Projects totalling £55M Programme(s) 2010 - 2014 27 Technologies

IN PROGRESS FUTURE OPPORTUNITIES Various Infrastructure and power Energy Center, Cambridgeshire upgrade Projects in progress EShelter many for repeat clients. Lloyds, Data Centre Nationwide Building Society Value of Projects circa £20M to be IBM completed by 2010 Canary Wharf, Infrastructure

28 Current Opportunity

A development that will provide world class facilities for the Guildhall School of Music & Drama together with a high quality Residential Tower . The new school building will house the following: 625 seat concert hall, 225 seat training theatre, a studio theatre and space for teaching , office and support services. The residential tower will fit over the school facilities and will comprise 284 apartments in a range of unit sizes.

OPPORTUNITY – CURRENT BID The Heron, City of London 29 Current Opportunity

500,000 Sq Ft fit out opportunity at the More London Development , near London Bridge. The new building is due to be completed in 2010 and will house around 6,000 people.

OPPORTUNITY – CURRENT BID More London, Plot 7. 30 UK Regions - Scotland

OPPORTUNITIES Coltness High School, North Lanarkshire, £7.5m Dependency on Residential Substantially Reduced Since Acquisition Adam Smith College, Fife, £4m Carstairs State Hospital Phase 2, Lanarkshire, £3.5m (above)

In Progress Falkirk Football Club M&E Services to new Stadium Stand 31 UK Regions – Central England

COMPLETED Wilton Plaza, Phase 1 London

SECURED Digbeth Coach Station, Birmingham

OPPORTUNITY Featherstone Prison, Staffordshire 32 UK Regions – NE England

COMPLETED OPPORTUNITY Framwellgate Hotel, Gateshead Pool & Leisure Centre 207 Bedrooms, Durham City

COMPLETED Time Cen tra l, GllGallowgat e, Newcastle OPPORTUNITY North East Fire and Rescue Authority (NEFRA) John Laing and Shepherd Construction have been appointed as prefdbddhferred bidder on the North East Fire and Rescue Authority (NEFRA) scheme. 33 UK Regions – Leeds

SECURED Abraham Guest School, Wigan £23m ‘Learning Campus’. Contract Value £4.2 million

COMPLETED OPPORTUNITIES Leeds Grand Theatre, Northern Ballet School of Dance, Phase 2 Leeds Lindholme Prison, Aklam Grange School, Doncaster Middlesborough Mich ael S adl er B uildi ng, Leeds University

SECURED Harrogate Library 34 UK Regions – Eastern Counties

RECENTLY SECURED Meadowbank Adult Education Centre, Hounslow Lantern Prihlimary School OPPORTUNITIES Ely, Cambridgeshire Shirley Primary School Chesterton, Cambridge Decent Homes Programme Bellbird Primary School for Norwich City Council SCbidSawston, Cambridge GfildHiAitiGreenfields Housing Association HQ Braintree Essex Milton Keynes Schools 4 Year Term Maintenance Addenbrookes Hospital, Cambridge, New Occupational Therapy Unit 5 Vocational Education Centres, Northamptonshire Hinchingbrooke Police Headquarters, Huntingdon Bellbird Primary School, Sawston, Cambridge

35 UK Regions – West of England

REPEAT BUSINESS MOD Tidworth

OPPORTUNITIES Aldershot and Bulford

IN PROGRESS & OPPORTUNITIES Gloucester Quays a60acredevelopment,isoneof the largest mixed use waterside regeneration developments in the UK.

COMPLETED Brook Office Park, Bristol 36 UK Regions – SW England

SECURED IN PROGRESS Truro Library –Refurbishment Student Accommodation in Falmouth 6 storey student community of 145 high quality self contained individual studio apartments. 37 UK Regions – Anglia & KES

COMPLETED Redditch Borough Council Woodrow Centre Door Entry & CCTV SECURED Walsall MBC Lindens Primary School Fire Alarm & Emergency Lighting Walsall Housing Group Jones House Door Entry, Fire Alarm & CCTV Liberty Village, RAF Lakenheath US Air Force base. OPPORTUNITY COMPLETED – Phase 2 Redditch Borough Council SECURED – Phase 3 Winyates Centre OPPORTUNITY – Phase 4 Door Entry & CCTV

38 UK Regions – NW England

COMPLETED - Kings Point , Oldham Ltd Design sy of Robinson ee Image Court Image

SECURED The Divine Mercy RC Primary School, Manchester COMPLETED - Bluecoat Art Gallery & Museum. SECURED ATS EUROMASTER Nationwide, Response Maintenance 39 UK Regions – Kent

COMPLETED 2008 KIA. infrastructure upgrade Gun Wharf, Medway Council offices, Chatham Meadowfield School , Sittingbourne RECENTLY SECURED PROJECTS Maidstone Hospital, Sub Station upgrade Blacklion Leisure Centre, Gillingham British Energy, Dungeness OPPORTUNITIES IN PROGRESS CSC Data Centre,,y Aylsford DPCS control room upgrade KIA, Runway Lighting OPPORTUNITY Maidstone Hospital, Switchgear upgrade Atos DPCS The Marlow Theatre, Canterbury Kingsnorth Power Station COMPLETED Sizewell B Power Station, Term Contract Turner Broadcasting, London 40 Turnover Analysis 41 Turnover Analysis – by Company

42 Turnover Analysis – by Sector

43 Training & Health & Safety 44 Apprenticeship Training

The Prime Minister, Gordon Brown viitiisiting the Olympi c Stadi um in January, meets two T.Clarke apprentices Hayley Phippen and Max Warnock along with ODA Cha irman JhJohn AittArmitt.

Simon Hugg,hes, MP Presenting this years T.Clarke Apprentice of the Year Award.

UNRIVALLED COMMITMENT

300 Apprentices receiving training across the UK 45 Health & Safety Poster Campaign

HEALTH & SAFETY 12 Month Safety Campaign on all our sites across the UK 46 Looking Beyond 2009 47 Looking Beyond 2009

Stanhope, Croydon Gateway 48 Looking Beyond 2009

JP Morgan, Canary Wharf Crown Estates, Regent Street The Quadrant development highlighted in purple.

Selborne House, SW1 Land Securities

Chelsea Barracks 49 Looking Beyond 2009

The UK’ s Premier Electrical Contractor Best Positioned in the Current Market

Reputation

ItiInnovating

Strong Financially Sound Business

Not Dependent upon “ONE” Particular Sector

New London Bridge House

50 Company Structure

51 Company Structure – plc Board

CHAIRMANCHAIRMAN RUSSELLRUSSELL RACERACE SENIOR INDEPENDENT INDEPENDENTINDEPENDENT DIRECTOR DIRECTORSDIRECTORS BOB CAMPBELL BEVERLEYBEVERLEY STEWART STEWART CHIEF EXECUTIVE OFFICER IAINIAIN McCUSKERMcCUSKER PAT STANBOROUGH

MANAGING DIRECTOR MANAGING DIRECTOR FINANCE DIRECTOR LONDON OPERATIONS UK REGIONS VICTORIA FRENCH MARK LAWRENCE BARRY DEFALCO

EXECUTIVE DIRECTOR MIKE CROWDER

52 Company Structure – London Operations

MANAGING DIRECTOR LONDON OPERATIONS MARK LAWRENCE

EXECUTIVE DIRECTOR MIKE CROWDER SYSTEMS MANAGER COMMERCIAL DIVISIONAL DIVISIONAL DIVISIONAL DIRECTOR DIRECTOR DIRECTOR DIRECTOR YOGESH ANDY PAUL BROWN MIKE ENTICOTT BARRIE PATEL GRIFFITHS NIGHTINGALE TECHNICAL BUYING DIRECTOR ENGINEERING ENGINEERING ENGINEERING (DESIGN) TREVOR DEPARTMENTS DEPARTMENTS DEPARTMENTS SNOWLING MARK COLIN DAVIS DANNY BRYAN LEE CROZIER PRESTON ALAN MORGAN NIGEL MOYNIHAN TECHNICAL MARK HOARE H.R. SERVICES RICHARD PEMBROKE RICHARD SANDERS SEAN LONERGAN DIRECTOR MANAGER ANDY CHESHIRE HARRY ROWE ALISTAIR MINT ALAN MARTIN JAMES SIBLEY ELLIOT SAMPAT CROZIER THOMAS DANNY NIGHTINGALE JOE WHIPP CHARLIE CORK ROBIN AVES SAFETY ESTIMATING CHRIS RICHARDS BILL DORTON MARC STEPHEN PAUL CLAYTON BAILEY DOWD 53 Company Structure – UK Regions

BARRY DEFALCO Managing Director – UK Regions

ROY HUTCHINSON ARD

KEVIN BONES TRISH MEAKIN OO IONAL B GG RE

MARTIN WALTON

Group Financial Controller

54 www.tclarke .co .uk 55