ANSYS LIMITED

INVESTOR PRESENTATION16 September 2014

Cape Town

Ansys

Projects

Financial Performance

Prospects

Q&A

Ansys LtdAnsys Ltd

QuadSoft (Pty) LtdQuadSoft (Pty) Ltd Tedaka (Pty) LtdTedaka (Pty) Ltd

ANSYS

Mining Rail

Defence

TelecommunicationsDormant

100% owned subsidiaries

Develop, design, distribute and integrate niche technology-driven engineering solutions for harsh environments

Supplier of fiber optic & copper transmission, networking & connectivity solutions and services

ANSYS VISION

To become an IP-led provider of technology-

driven engineering solutions

To produce world-class products for global distribution

Ansys is Proudly (South) African: To progress to Level

1 B-BBEE mid-term

HOW?

• Leverage in-house engineering expertise

• Focus on research and development

• Produce own technologies in-house =>OEM

PROJECTS

Rail: Integrated System Display R188m (over 5y)Other Trackside Transnet Projects of R11mMaintenance support for trackside management (approx R24 Million pa)

Telecoms: Third Party products for Telkom FTTH (current R40 million order) MTN GPoN and Vodacom CUBE projects

Defence: Electronic interface between aircraft and missile launcher (R23 million over 2y)

LAN interface and communication channel for Ground Based Air Defence System

Mining: Mobile Rope Monitoring System units (R1.2 million)

FINANCIAL RESULTS (R’000)

COMPREHENSIVE INCOME STATEMENT

2014 2013 Change

Revenue 65 803 81 259 (19%)

Gross Profit 23 125 33 515 (31%)

Operating (loss)/profit (7 342) 2 215 (431%)

Loss Before Interest & Tax (8 210) (14 228) 42%Loss for Year (7 025) (12 548) 44%

Basic Loss/Earnings per Share

(3.85) (7.74) 50%

Headline Earnings per Share (3.58) 2.40 (249%)

GP – Product mix changeOperating (loss)/profit – Lower revenue/GP and restructuring started in March 2013Headline earnings – LY Goodwill and R&D impairment of R16.4m

FINANCIAL RESULTS

Segmental Analysis

56%23%

1% 20%

Revenue ‐ 2014

Rail

Defence

Mining

Telecoms71%

22%

7%

0%Revenue ‐2013

Rail

Defence

Mining

Telecoms

Telecoms- Only since 9 December 2013

FINANCIAL RESULTS (R’000)

Segmental Analysis

Telecoms- Only since 9 December 2013

‐15000

‐10000

‐5000

0

5000

10000

15000

Rail Defence Mining Telecoms

20132014

FINANCIAL RESULTS (R’000)

FINANCIAL POSITION 2014 2013

Assets 87 811 63 624

Non- Current assets 33 974 31 751

Intangible assets 19 202 21 604

Other (PPE & Def tax) 14 738 10 147

Current assets 53 837 31 873

Inventory 29 217 8 265

Trade & other receivables 24 030 23 398

Other 589 210

Current assets - Inventory of Tedaka

FINANCIAL RESULTS (R’000)

FINANCIAL POSITION 2014 2013

Liabilities 55 403 26 189Non-current liabilities 12 011 2 452

Other Financial liabilities 9 993 -

Other 2 018 2 452

Current liabilities 43 392 23 737

Trade and other payables 35 282 12 959

Other 8 109 10 778

Equity 32 408 37 435

Non-current liabilities - Loans through the Tedaka business acquisitionCurrent liabilities - trade&other payables of Tedaka (foreign supplier: longer pmt terms)

PROSPECTS

Rail: Transnet estimated spend: R150 billion for GF and R50 billion for infrastructure up to 2019 (Vehicle Identification System R120 million over 2 years, trackside and on-board systems)

Rail: Prasa estimated spend (rolling stock): R120 billion over next 20 years (On-board systems through Alstom)

Telecoms: Telco’s to spend R 38 billion (2014+) + city council projectsBase station expansion (25,000+) & Tech upgrades (LTE +)FTTX (Fibre to building, home, curb ect)

Defence: Defence Review 2014 recommends increasing defence spend from 1.1% GDP to 2.4% (R88 billion) in 2017

Mining: Anticipated market recovery in 2015 and uptick in 2016

CUSTOMER BASE

CONTACTS

ANSYS LIMITED

Tel: +27 12 749 1800Fax: +27 12 665 2767

Address: 140 Bauhinia Street Highveld Techno ParkCenturionSouth Africa

Website: www.ansys.co.za

E-Mail: sales@ansys.co.za

TEDAKA TECHNOLOGIES

Tel: +27 12 450 0800Fax: +27 12 450 0823

Address: Route 21 Corporate Park 117 Sovereign DriveIreneSouth Africa

Website: www.tedaka.co.za

E-Mail: sales@tedaka.co.za