WorleyParsons update Andrew Wood, Chief Executive Officer 15th Annual Macquarie Conference, 2 May 2013

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WorleyParsons is a leading provider of professional services to the resources & energy sectors and complex process industries. Our services cover the full asset spectrum both in size and lifecycle – from the creation of new assets to services that sustain and enhance operating assets.

Our Values…. Performance Agility Relationships Leadership

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Our unwavering approach to safety

► Revised and updated our Vehicle and Safe Driving Standards, establishing a set of 9 Key Safe Behaviors as part of our Road Safety Initiative

► Implemented a structured site visit program for Board and Executive Committee members

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Local delivery, global support

40,400 people 165 offices 41 countries 1HFY13: 2.9 million workshare hours

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Strategy update F

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“Don’t compete with rivals – make them irrelevant”

Blue Ocean Strategy; W Chan Kim, R Mauborgne, 2005

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It is 2017 …….. ► We consistently deliver high quality engineering,

consulting, project and Improve services and as a result have become a world leader

► We have a recognized and valued position with our customers

► We are an admired employer ► We have a facilitating organizational structure As a consequence of these attributes, we have enjoyed growth, year-on-year for the last five years

5 year internal vision F

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Integrated Improve

Engineering services

Project delivery services

Current 3 year strategy Building on engineering to full delivery

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► Globalisation of Minerals, Metals & Chemicals and Infrastructure & Environment

► Improve

► Tier 1 companies deserve intense focus

► Participate in US renaissance

► China 5,000+

► India – high value engineering

► Execution led delivery

Overarching corporate initiatives F

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► Emerging trends and themes • Near term resource services markets impacted by project

delays/reviews

• Growth in Hydrocarbons expected to continue

• Game changing developments in unconventional oil and gas – LNG/CNG for transport, downstream gas projects

• Aging assets, new assets coming online and greater regulatory requirements driving increased demand for Improve services

• Strong growth in the chemicals sector is expected to continue

• Nuclear new build projects in developing nations

• Increased demand for scarce water resources

• Ports and marine terminals – increased activity and investment

Changing business environment F

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Changes in strategic process F

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► Continued commitment to our Vision

► We remain satisfied that our current markets offer adequate growth for us to reach our vision

► We believe our strategy is robust

► We are continuing our strategic journey by • Simplification and discipline • Winning the right work and executing it well • Continuing to engage closely with our customers • Looking to new markets for business opportunities

Our strategic journey F

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► Simplification and discipline • Australia West and Australia East and Pacific integrated into one

region

• Integration of the Power and Infrastructure & Environment Customer Sector Groups from 1 July 2013

• Consistent implementation of our systems and processes

► Winning the right work and doing it well

► Listening to our customers and gaining a deeper understanding of their value drivers

► Pursuing sector step outs with scale

► Using our breadth and depth of knowledge and innovation to provide higher level support and advice to our customers

Continuing our strategic journey F

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► Full field development in unconventional oil and gas

► East Africa development

► Arctic market leadership

► Early phase field development planning for offshore developments

Key focus areas – Hydrocarbons F

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► Chemicals rapid growth

► WorleyParsonsTWP transition (South Africa and Peru)

► Latin America development

► Integrated Improve offering

Key focus areas – Minerals, Metals & Chemicals

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► Enabling capability – creating an early ‘anchor point’

► Environment & society – compliance management

► Restoration

► Heavy haul rail – developing nations

► Total water management solutions

► Ports Improve

Key focus areas – Infrastructure & Environment

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► Resource power across all regions

► Nuclear new build and nuclear Improve

► Expand Fossil Improve, including Operation and Maintenance (O&M) services

► Power Select and Advisory offerings

Key focus areas – Power F

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Key awards

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► Saudi Electricity Company – EPCM services contract for two greenfield combined cycle gas turbine power plants, Saudi Arabia

► Total E&P Canada Limited – Expansion to the existing Joslyn North Mine Extraction Project, Canada

► Fort Hills Mine – Detailed Engineering services for the ore preparation plant and extraction and tailings area, Canada

► Shell Gas Iraq BV – Project Management for the rehabilitation of gas facilities and infrastructure for the Basarah Gas Company, Iraq

► BP – Framework agreements for the provision of recovery and restoration consulting services across BP’s operating business lines outside of North America

Key project awards F

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Key Improve awards

► Minera Escondida Limitada – project management and brownfield engineering services for the Escondida mine and associated processing facility, Chile

► BP core projects – capital project delivery alliance, Alaska

► BASF – North American Engineering partner for BASF’s capital program, US

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Our recent acquisitions

Rosenberg TWP

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► We remain committed to our Vision 2017

► Although near term resource services markets are challenging, we believe that in the medium term they offer adequate growth for us to achieve this vision

► We believe our strategy is robust and continue to make good progress against it

► Our size, diversity and knowledge base continues to provide opportunities for growth

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