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1 © 2007 Autodesk Finance Al Castino Chief Financial Officer

1© 2007 Autodesk Finance Al Castino Chief Financial Officer

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Page 1: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

1© 2007 Autodesk

FinanceAl CastinoChief Financial Officer

Page 2: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

2© 2007 Autodesk

During the course of our presentation, we will make forward-looking statements regarding future events and expected performance of our Company, including potential future revenue growth. We wish to caution you that such statements reflect our best judgment based on factors currently known to us and that actual events or results could differ materially. For important factors that may cause actual results to differ from those contained in our forward-looking statements, we refer you to the documents we filed from time to time with the SEC and specifically our Form 10K filed on March 30, 2006 and our Form 10Q filed on June 6, 2006. We do not assume any obligation to update any forward looking statements we make to reflect events that occur or circumstances that exist after the date of this presentation.

Safe Harbor Statement

Page 3: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

3© 2007 Autodesk

FY 2007 Goals

Achieve our objectives

Growth

Margins

Execute right investments to drive future growth

Grow emerging countries

Maintain excellent capital management

Minimal shareholder dilution

Increasing RSE

Increasing Non-GAAP EPS

Ensure systems and processes support efficient growth

Page 4: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

4© 2007 Autodesk

Strong revenue growth – $1.840B

21% revenue growth in FY2007

New seat revenue increased 20%

Model based 3D revenue increased 41%

Emerging country revenue increased 39%

Subscription revenue increased 53%

FY 2007 Key Metrics

Page 5: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

5© 2007 Autodesk

Strong Growth in Revenue

13-1

5% G

row

th

($ in

Mill

ion

s)

$0

$500

$1,000

$1,500

$2,000

$2,500

FY03 FY04 FY05 FY06 FY07 FY08 Guidance

Page 6: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

6© 2007 Autodesk

New Business Drives Revenue Growth

Upgrades

Subscription

New Seats & Emerging Business

0

500

1,000

1,500

2,000

FY04 FY05 FY06 FY07

($ in

Mill

ion

s)

Page 7: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

7© 2007 Autodesk

2D and 3D Drive ADSK New Business

2D LT

2D ACAD

Vertical

3D

M&E

Other

0

250

500

750

1,000

FY04 FY05 FY06 FY07

($ in

Mill

ion

s)

Page 8: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

8© 2007 Autodesk

FY07 FY06 %New seats and other $1,163 $975 19%

Upgrades $253 $271 -7%Subscription $424 $277 53%Installed base rev $677 $548 24%

Total revenue $1,840 $1,523 21%

How We Analyze Revenue(In millions)

Page 9: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

9© 2007 Autodesk

Total 3D Revenue: Accelerating22% of total revenue

MSD

AEC

($ in

Mill

ion

s)

0

100

200

300

400

FY04 FY05 FY06 FY07

Page 10: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

10© 2007 Autodesk

3D Installed Base Nearly 1M users

Civil 3D

Revit

Inventor

0

250

500

750

1,000F

Y04

FY

05

FY

06

FY

07

(Uni

ts 0

00)

Page 11: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

11© 2007 Autodesk

0

250

500

750

1,000F

Y04

FY

05

FY

06

FY

07

(Uni

ts 0

00)

3D Penetration:Biggest opportunity still to come

0

20

40

60

80

100

%

Pen

etra

tio

n

Page 12: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

12© 2007 Autodesk

Subscription UsersOver 1.2M

2D LT

2D ACAD

Vertical

3D

Other

M&E

0

200

400

600

800

1,000

1,200

1,400

FY04 FY05 FY06 FY07

(Uni

ts 0

00)

Page 13: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

13© 2007 Autodesk

AutoCAD Subscribers Rapidly GrowingHuge opportunity remains

2D ACAD

0

200

400

FY04 FY05 FY06 FY07

(Uni

ts 0

00)

Page 14: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

14© 2007 Autodesk

0

200

400

FY04 FY05 FY06 FY07

AutoCAD Active Subscription Penetration

0

20

40

60

80

100

%

(Uni

ts 0

00)

Pen

etra

tio

n

Page 15: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

15© 2007 Autodesk

Emerging Markets Accelerate Growth

AMER

EMEA

APAC

0

50

100

150

200

250

300

FY04 FY05 FY06 FY07

($ in

Mill

ion

s)

Page 16: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

16© 2007 Autodesk

Industry Leading Revenue Linearity

Benefits of Revenue Linearity: Predictability DSO improvement Sales discipline Operation efficiency

Cu

mu

lati

ve

Rev

enu

e ($

M)

FY06

FY05

FY04

FY07

$0

$1,840

1 52Weeks

Page 17: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

17© 2007 Autodesk

Shares Outstanding Remain Flat

231

Mill

ions

223 228 230231

0

50

100

150

200

250

FY04 FY05 FY06 FY07

Page 18: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

18© 2007 Autodesk

Investors Correlate ADSK Share Price Performance with the U.S. Homebuilding Industry

ADSK

XHB S&PHomebuilding Index

Weekly share prices from inception of XHB 2/06-4/07

Rel

ativ

e S

har

e P

rice

Pe

rfor

man

ce

60%

80%

100%

120%

Page 19: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

19© 2007 Autodesk

Revenue Performance Does NOT Correlate

ADSK

XHB S&PHomebuilding Index

Rel

ativ

e R

eve

nue

Pe

rfor

man

ce

Quarterly revenue over last 2 years100%

110%

120%

130%

140%

Page 20: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

20© 2007 Autodesk

FY 2008 Financial GoalsMore of the same…

Finalize stock option review and get up to date on SEC filings

Achieve our growth and margin objectives

Execute right investments to drive future growth

Grow emerging countries

Maintain excellent capital management

Minimal shareholder dilution

Increasing RSE

Increasing EPS

Ensure systems and processes support efficient growth

Page 21: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

21© 2007 Autodesk

Guidance Summary

Q1 FY 2008 At the high end or slightly above previous revenue guidance In the range of guidance for operating margin

FY 2008 Revenue $2.075B - $2.125B Non-GAAP Operating Margin 27% - 27.5%

Long Term Goal 15% CAGR Revenue

Page 22: 1© 2007 Autodesk Finance Al Castino Chief Financial Officer

22© 2007 Autodesk