September 06 IR Presentation

NobleInternational,Ltd.21stCenturyAutoBodySolutionsSMSeptember20062SAFEHARBORSTATEMENTCertainstatementsmadebyNobleInternational,Ltd.(“Noble”)inthispresentationandotherperiodicoralandwrittenstatements,includingfilingswiththeSecuritiesandExchangeCommission,maybe“forward-looking”statementswithinthemeaningofthePrivateSecuritiesLitigationReformActof1995.Theseforward-lookingstatements,aswellasstatementswhichaddressoperatingperformance,eventsordevelopmentsthatwebelieveorexpecttooccurinthefuture,includingthosethatdiscussstrategies,goals,outlookorothernon-historicalmatters,orwhichrelatetofuturesalesorearningsexpectations,costsavings,awardedsales,volumegrowth,earningsorageneralbeliefinourexpectationsoffutureoperatingresults,areforward-lookingstatements.Theforward-lookingstatementsaremadeonthebasisofmanagement’sassumptionsandestimations.Asaresult,therecanbenoguaranteeorassurancethattheseassumptionsandexpectationswillinfactoccur.Theforward-lookingstatementsaresubjecttorisksanduncertaintiesthatmaycauseactualresultstomateriallydifferfromthosecontainedinthestatements.Some,butnotalloftherisks,includeourabilitytoobtainfuturesales;ourabilitytosuccessfullyintegrateacquisitions;changesinworldwideeconomicandpoliticalconditions,includingadverseeffectsfromterrorismorrelatedhostilitiesincludingincreasedcosts,reducedproductionorotherfactors;costsrelatedtolegalandadministrativematters;ourabilitytorealizecostsavingsexpectedtooffsetpriceconcessions;inefficienciesrelatedtoproductionandproductlaunchesthataregreaterthananticipated;changesintechnologyandtechnologicalrisks;increasedfuelcosts;workstoppagesandstrikesatourfacilitiesandthatofourcustomers;thepresenceofdownturnsincustomermarketswheretheCompany’sgoodsandservicesaresold;financialandbusinessdownturnsofourcustomersorvendors;andotherfactors,uncertainties,challenges,andrisksdetailedinNoble’spublicfilingswiththeSecuritiesandExchangeCommission.Nobledoesnotintendorundertakeanyobligationtoupdateanyforwardlookingstatements.Formoreinformationsee(LWS)?•LaserWeldedBlanks(LWB)arecreatedbylaserweldingflatsheetmetalblanksofvaryingthickness,alloyand/orcoatings•LaserWeldedTubes(LWT)aremadebyrollingaflatsheetofsteelintoatubularshapeandlaserweldingtheseamtocreateatubularstructure•AdvantagesofLWSoverconventionalassemblymethodsincludegreatersafety,reducedweight,fewerparts,lesssteelusage,higherqualityandlowertotalcost4NobleisNorthAmerica’sLargestLaserWelder2005MarketSharebyValue-AddedRevenue**Managementestimatesofflatblanks,excludingtubularproductsNoble35%TWB26%Powerlaser9%Shiloh18%Olympic3%-exited2006Procoil2%Tailor2%OEM6%5Noble–LeaderinLargelyUntappedMarketNorthAmerica($Billions)PotentialMarketForNobleTechnology=$6Billion2006EstimatedMarket=$1.2BillionNoble-35%$0.0$1.0$2.0$3.0$4.0$5.0$6.0$7.06NorthAmericaisonly24%ofGlobalVehicleProductionWorldWideProduction2006Estimate66MillionUnitsNorthAmerica24%Other7%Europe31%Asia22%Japan16%7Noble’sProductsMeetToday’sChallenges•RisingSteelPrices•HigherFuelPrices•UncertainEconomy•IncreasingCAFERequirements•TighterSafetyRequirements•IntenseGlobalCompetition•Quality&PerformanceDemands8NobleInternationalFactsNobleisatechnology-drivengrowthcompanysupplyingautomakers21stCenturyAutoBodySolutionsSMNobleleadstheindustryin:•Ideas−Newproductdevelopment−Developingthefirstexposed/unexposedbodyside–FordF-150−Designingandbuildingproprietarylaserweldingsystems•Technology−Launchingindustry’sfirstlaser-weldedstructuraltubeinlate2006−Useofadvancedhighstrengthsteels−Laser-weldedtubecapabilities•Manufacturingexcellence−Qualityandcost−Longestcontinuousweld,multi-linearwelds−Curvilinearlaserweldingcapabilitiesandexperience9Shelbyville,KYWarren,MIWorldFootprintofNobleSilao,MEXAdelaide,AUSBrantford,ONTStow,OH•Sixfacilitiesworldwide•31laserweldingsystems•Capabilitytoproduce20Million+laser-weldedblanksannually10OURCUSTOMERS11Noble’sRoadmap–FiveKeyStrategies•DrivetheMarket•CreateNewTechnologiesthroughInvestment•IntroduceExistingProductsIntoNewMarkets•LiveandBreatheContinuousImprovement•IncreaseInvestorAwarenessandInterest12HowDoesNobleDriveGrowth?Nobledrivesgrowththrough:–InvestmentinR&D–Developmentofinnovative,advancedproducts–Highlevelsofcustomerserviceandrelationships–Industry-leadingquality–ValueEquationselling–Lowertotalcosts13Revolution-SavingAutomakersHundredsofMillions$USDLaserWeldedStructuresCanSaveN.AmericanAutomakers$2BillionperYear14SupportingGrowth:HigherRevenue&Profit$364$336$121$1842002200320042005$4$9$13$152002200320042005$32$23$12$332002200320042005$0.38$0.73$0.97$1.032002200320042005RevenueEBITDADilutedEPSOperatingEarnings$MillionsExceptPerShare,EPSExcludesFAS133Effects&Charges15SupportingGrowth:StrongBalanceSheet•Funded$54millioninacquisitionsandcapitalwhilereducingdebtandaccumulatingcash•Operatingcashflowfundsinternalgrowthopportunities•Creditfacilitiesinplacetosupportadditionalgrowthinitiatives•Strongcashgenerationsupportsfurtherborrowingifneeded$Millions12/31/0412/31/056/30/06TotalDebt$38.4$41.3$42.1Cash$17.6$22.0$26.9NetDeb