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Investor Presentation September 2011

2011 September Investor Presentation Update

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Page 1: 2011   September Investor Presentation Update

Investor PresentationSeptember 2011

Page 2: 2011   September Investor Presentation Update

During the course of this presentation, we may make projections or

other forward-looking statements within the meaning of the Private

Securities Litigation Reform Act of 1995.

We wish to caution you that such statements reflect only our current

expectations, and that actual events or results may differ materially

Forward Looking Statements

due to changes in global economic, business, competitive, market and

regulatory factors.

More detailed information about these factors is contained in the

documents that the Company files from time to time with the

Securities and Exchange Commission. We undertake no obligation to

update such projections or such forward-looking statements in the

future.

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Page 3: 2011   September Investor Presentation Update

• Founded in 1917 in Carlisle, PA

• Organized in 5 reporting segments

• Derive ~20% of our sales from Global Markets

• Produce ~57% of revenue from aftermarket

• Manufacture and distribute in 77 facilities worldwide

Carlisle Overview

• Manufacture and distribute in 77 facilities worldwide

– 63 in North America

– 7 in China

– 1 in Japan

– 6 in Europe

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Page 4: 2011   September Investor Presentation Update

Commercial

83%

Non Roofing13%

Residential4%

End Market

Revenue

U.S.

Carlisle Construction Materials

0% 25% 50% 75% 100%

International

AftermarketOEM Aftermarket

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Page 5: 2011   September Investor Presentation Update

Construction

7%

Power Sports /

Recreation

36%Lawn &

Garden

Agriculture

14%

Other

6%

U.S. International

0% 25% 50% 75% 100%

Aftermarket

Carlisle Transportation Products

End Market

Revenue

OEM

Garden

37%U.S. International

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Page 6: 2011   September Investor Presentation Update

Construction

35%

Mining

19%

Aerospace

13%

On-highway

6%

Agriculture

10%

Other

Industrial

17%OEM

U.S.

Carlisle Brake & Friction

End Market

Revenue 0% 25% 50% 75% 100%

Aftermarket

International19%13% U.S. International

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Page 7: 2011   September Investor Presentation Update

OEM

U.S.

0% 25% 50% 75% 100%

Aftermarket

International

Carlisle Interconnect Technologies

End Market

RevenueCommercial

Aerospace

68%

Military

16%

Test &

Measurement

5% Other

11%

U.S.

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Page 8: 2011   September Investor Presentation Update

Foodservice

59%

Healthcare

29%

Jan/San

12%OEM Aftermarket

U.S. International

0% 25% 50% 75% 100%

Carlisle FoodService Products

End Market

Revenue

Aftermarket

International

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Page 9: 2011   September Investor Presentation Update

2011 Q2 YTD Sales $1,564.4 Million

2011 Q2 YTD EBIT$140.6 Million

Sales & EBIT

Construction

Materials

42%

Interconnect

Technologies

9%

FoodService

Products

8%

Brake and Friction

15%

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Transportation

Products

26%

9%

Construction

Materials

44%

Transportation

Products

13%

Interconnect

Technologies

13%

FoodService

Products

7%

Brake and Friction

23%

Page 10: 2011   September Investor Presentation Update

$314

$300

$400

$500

Available Under

Revolver at

7/31/11

Debt Maturity Schedule

In millions

Commentary

� Cash on Hand of $201M as of July 31st

� PDT acquisition consumed $120M on August 1st

Strong Balance Sheet

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LC, $31

Drawn, $155

$0

$100

$200

$300

2012 2016 2018 2020

IRB & OtherSenior

Notes

$149M

Senior

Notes

$249M

� Revolving Credit Facility availability of $314M

� Debt to Cap ratio of 27%

� Debt to EBITDA of 1.6

� EBITDA to Interest of 22.5

Page 11: 2011   September Investor Presentation Update

5, 15, 30, 15, 15 Strategy

• $5 billion in sales

• 15% EBIT margins

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• 30% of revenue outside US

• 15% ROIC

• 15% working capital as a % of sales

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Page 12: 2011   September Investor Presentation Update

• Created Carlisle Operating System (COS) based on Lean and Six Sigma techniques to improve operations

- Eliminate waste in production and business processes

- Increase velocity, improve manufacturing efficiencies and reduce inventory

Carlisle Operating System

• Generated annualized savings of $25 million in 2010

• Expect $20 million additional savings in 2011 and 2012

• Reduced manufacturing and warehouse space by 2.7 million square feet (18%) while increasing capacity

Annual operating expense reduction estimated to be over $70 million

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Page 13: 2011   September Investor Presentation Update

Geo FoamCurrent Return Network

New Products

R&D to Grow SalesBraking Products

Geo FoamCurrent Return Network

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Page 14: 2011   September Investor Presentation Update

Brakes Aerospace Assemblies

Global Expansion to Grow Sales

Agriculture Tires

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Page 15: 2011   September Investor Presentation Update

+

Creates a global leader in braking solutions

Most Recent Acquisition

Acquisitions to Grow Sales

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+

Creates a global leader in single-ply roofing solutions

Page 16: 2011   September Investor Presentation Update

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