PPB GROUP BERHAD

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PPB GROUP BERHAD

Disclaimer: The contents of this presentation include materials which may be capable of being interpreted as forward-looking statements. Such statements are merely estimates and targets, based on circumstances and reasonable assumptions which apply only at the date of such statements. Accordingly, no reliance should be placed on any forward-

Press and Analyst Briefing Unaudited 1H2012 Results 5 September 2012

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Agenda

2

Group Financial Highlights

Share Performance Prospects for 2012 Dividend Record

Review of Major Operations

5-Year Financial Performance

Capital Commitments

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Group

Financial

Highlights

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Financial Results

FOR THE 6 MONTHS ENDED 30 JUNE 2012

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PPB Group Operations

Grains Trading, Flour & Feed Milling

Marketing , Distribution & Manufacturing of Consumer Products

Film Exhibition & Distribution Waste Management & Utilities

Property Investment & Development Chemicals, Livestock, Investments &

Other Operations

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Financial Results

(All figures in RM) 2012 2011 CHANGE

Revenue 1.46 bil

1.26 bil 16%

Operating Expenses 1.39 bil

1.17 bil 19%

PBT 324 mil

578 mil 44%

Profit for the Period 302 mil

560 mil 46%

EPS 24.20 sen

45.69 sen 47%

*Share of Wilmar’s Profit 209 mil

432 mil 52%

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Financial Ratios

2012 2011 CHANGE

EPS 24.20 sen

45.69 sen 47%

ROE Attributable to

Owners of the Parent 2.0%

4.0% 50%

Net Assets Per Share Attributable

to Owners of the Parent RM11.97

RM11.41 5%

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Segmental Information

* Chemicals Trading & Manufacturing [3.62%], Livestock Farming [2.55%], Investment Income [0.51%] & Others [6.1%]

Grains Trading, Flour & Feed Milling 58.95%

Marketing, Distribution & Manufacturing of Consumer Products

12.48%

Waste Management & Utilities 3.89%

Film Exhibition & Distribution 9.27%

Property Investment & Development 2.63%

Chemicals, Livestock, Investments & Others*

12.78%

TOTAL

REVENUE

RM1.46

^bil

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* Chemicals Trading & Manufacturing [0.41%], Livestock Farming [-11.43%], Investment Income [6.84%] &

Others [-3.89%]

TOTAL

SEGMENT PROFITS RM104 mil

Grains Trading, Flour & Feed Milling 63.47%

Marketing, Distribution & Manufacturing of Consumer Products

8.37%

Film Exhibition & Distribution 18.82%

Waste Management & Utilities 4.88%

Property Investment & Development 12.53%

-8.07% Chemicals, Livestock, Investments & Others*

Segmental Information

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Review

Of

Major

Operations

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0 100 200 300 400 500 600 700 800 900 1,000

Revenue Segment Profit

1H2011 1H2012

GRAINS TRADING, FLOUR AND FEED MILLING

The significant increase in revenue for 1H2012 was primarily

driven by higher grains trading volume and higher flour and feed sales.

The higher segment profit was in line with the growth in revenue.

RM MILLION

24%

8%

731 905

61 66

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Review of Major Operations

0 20 40 60 80 100 120 140 160 180 200

1H2011 1H2012

MARKETING, DISTRIBUTION &

MANUFACTURING OF CONSUMER PRODUCTS

Revenue improved due to increased sales.

Segment profit decreased mainly due to higher promotional expenses incurred.

RM MILLION

3%

185 192

8.9 8.7

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12

0 20 40 60 80 100 120 140 160

1H2011 1H2012

RM MILLION

FILM EXHIBITION AND DISTRIBUTION Revenue for 1H2012 increase due to improved cinema collections, higher concession sales and increased screen advertising revenue.

Segment profit declined due to lower contribution from film distribution.

4%

9%

137 142

21 20

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Review of Major Operations

0 10 20 30 40 50 60 70

80 1H2011

1H2012 ENVIRONMENTAL ENGINEERING, WASTE MANAGEMENT & UTILITIES

Revenue and segment profit declined as most of the

environmental engineering projects were at completion stages. Most of the segment revenue and profit were

progressively recognised in the previous periods.

RM MILLION

18%

15%

73 60

6.0 5.1

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Review of Major Operations

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0 5 10 15 20 25 30 35 40

1H2011 1H2012

PROPERTY INVESTMENT &

DEVELOPMENT

Revenue for 1H2012 increased significantly with the sale of

bungalows in Bukit Segar, Kuala Lumpur and semi-detached

houses in Taman Tanah Aman, Seberang Prai Tengah.

Segment profit increased in line with higher revenue.

RM MILLION

61%

>100%

18 40 8 13

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-25 0 25 50 75 100 125 150 175

200 1H2011

1H2012

CHEMICALS, LIVESTOCK,

INVESTMENTS & OTHER OPERATIONS The marginal increase in revenue was mainly contributed by the increase bakery sales despite lower revenue

recorded by the chemicals, livestock and investments divisions.

Segment losses were mainly from losses incurred by the livestock

farming division and lower dividend income.

RM MILLION

>100%

2%

192 196

20 -8.4

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16

5-Year

Financial

Performance

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0 200 400 600 800 1,000 1,200 1,400 1,600 1,800

2008 2009 2010 2011 Jan-Jun

2012

5-Year PBT of PPB Group

RM Million

Year

Note : PBT for FY2010 excludes the gain of RM841 million from the disposal of the sugar-related

1,401 1,732 1,129 1,057 324

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Capital

Commitments

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Capital Commitments

(All figures in RM’million) 2012

Capital Commitment at 1-1-2012

508

Project Revision

106

614

Amount Spent

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Balance to be Spent 467

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20

CAPITAL

COMMITMENT

RM467 mil

Grains Trading, Flour & Feed Milling

RM342 mil

Others

RM8 mil

Film Exhibition & Distribution

RM106 mil

Property Investment & Development

RM11 mil

Capital Commitments by Segments

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Dividend

Record

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Dividend Record

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Dividend Net Net

Payout Ratio Per Share Dividend Dividend

Gross Net Paid/payable Yield Group Company

Year (sen) (sen) (RM Million) (%) (%) (%)

2012

Interim 7 7 82.985 0.4 28.9 84.1

2011 23 23 272.665 1.3 27.8 28.4

2010* 88 88 1,043.240 5.1 100.1 294.1

2009* 73 73 865.415 4.6 53.6 14.8

2008^* 85 68.88 816.572 7.4 63.5 116.0

* Include Special Dividends of 65 sen per share in year 2010; 50 sen per share in year 2009 and 62 sen per share in year 2008.

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Share

Performance

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2011 2012

Share Performance

1,300.00 1,350.00 1,400.00 1,450.00 1,500.00 1,550.00 1,600.00 1,650.00 1,700.00

13.50 14.00 14.50 15.00 15.50 16.00 16.50 17.00 17.50

SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG

FBM KLCI

PPB Share -Month End Closing Price (RM)

PPB Share - Month End Closing Price (RM) FBM KLCI

PPB (30.08.12) RM13.90 Jan - June 12 PPB FBM KLCI

Closing Price (High) RM17.72 1,606.63 Closing Price (Low) RM15.34 1,504.22 Closing (29.06.12) RM15.98 1,599.15 Average Daily Volume 384,858 132,466,451

FBM KLCI (30.08.12) 1,646.11

Closing Price 30-12-2011 29-6-2012 30-8-2012 30-8-2012 vs 30-12-2011

PPB RM17.16 RM15.98 RM13.90 19

Wilmar SGD5.00 SGD3.61 SGD3.13 37

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Prospects

for

2012

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Prospects for 2012

The high world grains prices caused by adverse

weather conditions in the grains producing countries and uncertain market environment will continue to present challenges to the Group’s businesses for the remaining quarter in 2012.

Management is mindful of such uncertainties and will continue to implement appropriate measures to

manage these challenges to alleviate the impact on

the Group’s businesses.

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Prospects for 2012

Whilst some of the business divisions are expected to perform satisfactorily, the Group’s overall

financial results for 2012 will largely hinge on

Wilmar’s business prospects and performance for

the second half of 2012.

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Questions

&

Answers