Investor Update June 2013

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• OTOC Limited (ASX: OTC) provides Remote Area Solutions through its two operating subsidiaries

OTOC Australia and Whelans Australia.

― OTOC Australia specialises in the installation of remote area infrastructure for resources and

government construction projects and provides remote communications and facilities solutions.

― Whelans Australia is a leading consultancy in the provision of surveying, mapping, town

planning and aerial survey, with a focus on resources, regional construction, urban development

and infrastructure.

• OTC’s strong track-record and relationships in the Western Australian resources sector are

complemented by an increasing exposure to government construction spend. OTOC Australia was

recently awarded a $28.7m contract for Stage 1 of the Nauru Processing Centre (“RPC 1”), part of

the Commonwealth Government’s regional processing arrangements. Currently awaiting a decision

on award of RPC 2.

• OTC has maintained strong financial performance in the current market environment. Based on

unaudited management accounts and current projections, OTC expects FY2013 EBIT1 to exceed

FY2012 EBIT of $7.2 million.

• Strong order book and opportunity pipeline highlighted by committed contracts with Rio Tinto and the

Government sector.

Note 1: EBIT = Earnings Before Interest and Tax

Executive Summary

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Capital Structure

Share price (ASX: OTC) c 4.7

Ordinary shares on issue m 193.1

Market cap $m 9.1

Net cash1 $m 1.6

FY12 EBIT $m 7.2

Board and Management

Derek La Ferla Non-Executive Chairman

Partner with Norton Rose Experienced company director

Adam Lamond Chief Executive Officer Founder of OTOC Australia

Tom Lawrence Non-Executive Director

Experienced Accountant Tax and Business Management

Brian Mangano Chief Financial Officer Chartered Accountant

David Russell General Manager, OTOC Australia

Engineer with more than 25 years’ senior mgmt experience

Brian Hill Managing Director, Whelans

Established Whelans regional office network

Lisa Wynne Company Secretary Experienced Company Secretary

Share Price

Significant Shareholders

Directors & Management 48.1%

Note 1: Cash of $3.0m, Shareholder Loans of $1.4m as at 31 May 2013

Corporate Snapshot

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Trading Multiples

EV:EBIT (FY12) 1.0x

EV: EBIT (FY13 est.) < 1.0x

P/E (FY12) 1.5x

-

0.2

0.4

0.6

0.8

1.0

1.2

1.4

1.6

1.8

0

2

4

6

8

10

12

14

16

18

Vo

lum

e (

m)

A$

ce

nts

Volume Share Price

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Group Divisions

“OTOC’s diversified revenue streams continues to generate strong growth opportunities”

Surveying Mapping Town

Planning Resources

Construction Government Construction

Remote Communications

Facilities Rental

Mining

Oil and Gas

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• OTOC Australia has a successful track record of delivering turnkey infrastructure solutions

for blue-chip clients in the mining and oil and gas sectors including Rio Tinto, BHP Billiton

and FMG.

• OTOC Australia is currently completing the $32m installation of accommodation units at Rio

Tinto’s Brockman 4 Operations Village (Nammuldi). This contract is expected to be

completed in late 2013, providing good earnings visibility into FY2014.

OTOC Australia

― As the incumbent contractor at Brockman 4, OTOC

Australia is in a strong position to secure further work at

this greenfields project (e.g. additional rooms, offices,

workshops) plus strong prospects at the Silvergrass and

Koodaideri projects into FY2014/2015;

― Currently pricing a number of projects which are expected

to be awarded later in 2013 (iron ore and transport

infrastructure);

― New market entrants are retreating or reducing headcount

and installation teams in the North-West, resulting in less

competition in the $10-30m contract space;

― Opportunities to joint venture with larger companies for

installation work.

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• OTOC Australia continues to see a large number of opportunities in its core North-West resources market:

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Client Project Contract Description

Rio Tinto Nammuldi • $32.0 million • 12 months • Commenced Nov 12

Installation of 800 rooms in double storey structure and 120 room variation

2M Constructs / Kerman JV / Roy Hill Infrastructure

Roy Hill Rail Camps

• $23.4 million • 11 months • Commenced Sep 11

Supply and installation of four fly camps and two 300 man permanent rail camps for the Roy Hill Iron Ore Project

Calibre / FMG Christmas Creek Construction Camp

• $20.0 million • 11 months • Commenced Dec

2009

Installation of 900 rooms

Onyx Projects / Rio Tinto

West Angelas Village Upgrade 2012

• $14.4 million • 5 months • Commenced Apr 12

318 room expansion and buildings

Rio Tinto Hope Downs 1 Village

• $10.0 million • 6 months • Commenced Jan 11

Brownfield turnkey installation of 400 additional rooms

Calibre / Rio Tinto Weelumurra • $6.5 million • 6 months • Commenced Apr 11

Turnkey installation of 140 rooms and site infrastructure

SKM / Rio Tinto Cape Lambert • $19 million Workshop / Office and services

Resources Construction – Case Studies

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• OTOC Australia has the necessary experience and accreditations

for oil and gas construction.

• OTOC Australia’s first oil and gas construction contract was BHP

Petroleum’s Macedon accommodation village:

― $23.1m contract for the installation of 330 rooms and associated buildings;

― Included the installation of concrete works, supply and

installation of portable water storage and reticulation, fire

water storage, sewer reticulation, earthworks, lighting and

communications pits.

• Significant opportunities exist to secure further construction work

for LNG and domestic gas developments:

― Large capital spend remains, potential developments include

(i.e. Gorgon – 4th train, Wheatstone, Prelude FLNG, Scarborough FLNG, Browse FLNG, Pluto – 2nd train, Darwin –

2nd train, Sunrise FLNG, Bonaparte FLNG, Abadi FLNG)

― On-shore support bases for offshore fields and floating LNG

best suit OTOC’s capabilities i.e. 200-400 person camps;

― Transit Worker Accommodation is a growing market –

overnight accommodation for staff that arrive at the onshore

camp and depart via helicopter the following day.

Resources Construction – Oil and Gas

BHP - Macedon

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Government Construction

The Nauru processing centre, currently under construction. Photo supplied by Canstruct.

• OTOC Australia has leveraged its remote construction ability to secure work in the Commonwealth

Government construction sector. Diversifies OTOC’s earnings and order book and provides exposure to a

significant growth sector.

• OTOC Australia has been awarded a $28.7m contract for Stage 1 of the Nauru Processing Centre (RPC 1”).

RPC 1 will comprise a 900 person facility and is expected to be completed in the second half of calendar

year 2013.

• The Nauru contract provides OTOC Australia with off-shore construction experience, Commonwealth

Government accreditations and an incumbent position at Nauru. Identified a number of near-term

opportunities including;

― Nauru Stage 2: submitted a tender for RPC 2;

― Power and telecommunications infrastructure:

submitted proposals with the Government of Nauru for a

whole of island power solution (including installation of a

new power station and green energy solutions) and

installation of a fibre optic network;

― Offshore construction: identified a number of

opportunities at Nauru and other pacific nations

associated with the “Implementation Plan for Energy

Security in the Pacific” which suit OTOC’s remote

construction capabilities.

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Remote Communications

• OTOC Australia provides specialised communications services for remote

sites. Service offering includes IT, network, data, internet and infrastructure

management, telephony, video on demand, entertainment and help desk.

• Remote Communications is a niche, strong-margin business, with only a

handful of companies accredited with the majors to perform these services

in the North-West.

• Division revenue has grown from zero to $2.5m in last two years and we

are expecting growth to around $5.0 to $10.0m of revenue in FY 2014.

• Current contracts typically small value ($0.4 - $1.0m) but with strong

margins.

• Remote Communications has great synergy with Resources Construction

i.e. once on-site, there are a large number of opportunities to be captured

in the areas of IT infrastructure management and ongoing communications

and data requirements.

• Upgrading mine sites from copper wiring to optic fibre networks provides a

large pipeline of opportunities.

• Identified a number of opportunities to deploy our Remote

Communications expertise in Nauru and other off-shore locations.

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• OTOC Australia offers remote facilities solutions for mining companies, predominantly in North-West

Western Australia.

• OTOC sees this as a growth business as clients seek to reduce capital expenditure and move items

off balance sheet.

• Current equipment for hire includes; a 700 person commercial kitchen (FMG), a smaller mobile

kitchen (Extension Hill), power generators, fuel tanks, and water treatment plants.

• Facilities business not currently significant however OTOC has identified opportunities to significantly

increase revenue in the future.

Facilities

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• Whelans is a leading Western Australian consultancy in the provision of

surveying, mapping and specialist spatial services, and town planning.

• Head office in Perth and a strong regional network with offices in

strategic centres of Karratha, Broome, Kununurra and Kalgoorlie.

• Diversified exposure across resources, civil and infrastructure projects,

generating stable and reliable revenue.

• Diversified exposure includes large oil and gas projects, urban planning

and infrastructure developments.

• Top-tier private and public sector client base including Woodside, Water

Corp, BHP, Rio Tinto and Main Roads.

• Strong growth outlook and order book, benefiting from investment in

regional offices and base line of recurring work.

• New aerial mapping joint venture established, first contract win

$500,000.

Whelans Australia

Perth

Kalgoorlie

Karratha

Broome

Kununurra

LOCATIONS

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• Based on unaudited management accounts and current

projections, OTC expects FY2013 EBIT to exceed FY2012 EBIT

of $7.2 million.

• The Directors of OTC are pleased to report profit growth in the

context of subdued conditions in the resources sector.

• The key driver of this performance is improved operating margins.

Construction projects have been better costed and managed

following the introduction of improved internal controls,

management systems and additional experienced management.

• New business initiatives including entry into the government

sector and growth of Remote Telecommunications have

contributed to higher

margins. This trend is

expected to continue in

FY2014 as these business

contribute a larger

proportion of OTOC’s

revenue and earnings.

FY2013 Earnings Guidance

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Graph for illustrative purposes only

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$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$0

$5

$10

$15

$20

$25

$30

$35

FY10 FY11 FY12 FY13

EB

IT

Rev

enue

Revenue (LHS) EBIT (RHS)

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0

$8.0

$0

$20

$40

$60

$80

$100

$120

$140

$160

FY10 FY11 FY12 FY13

EB

IT

Rev

enue

Revenue (LHS) EBIT (RHS)

• OTOC Australia is expected to report solid EBIT despite lower revenue. Revenue is lower compared

with FY2012 due to the completion of key construction projects and an industry-wide slow down in

resources work.

• Most of the revenue from Brockman 4 (Nammuldi) and Nauru Stage 1 will be recognised in the next

financial year, providing a strong base line of earnings for FY2014.

• Whelans continues to generate consistent revenue and earnings, benefiting from investment in its

regional office network and exposure to the oil and gas and civil construction sectors.

Note 1: EBIT shown above excludes corporate overheads

Note 2: OTOC FY11 EBIT of $5.0m is normalised for restructuring and abnormal expenses

Financial Performance by Division

OTOC Australia Whelans

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• OTC is funded for its growth plans.

• Strong operating cash flow has enabled OTC to retire all bank debt.

• Newly established Equipment Finance facility will be used to

refinance some existing hire purchase liabilities and fund additional

items for the Facilities division.

$’m 31-May-13 31-Dec-11

Cash 3.0 0.0

Shareholder and Director Loans 1.4 3.0

Other loans and bank overdraft Nil 3.4

Net cash position 1.6 (6.4)

Hire Purchase Liabilities (drawn) 6.6 5.4

Equipment Finance Facilities 13.0 Nil

Balance Sheet

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Brockman 4 (Nammuldi)

Other resources construction

(tenders)

Nauru Stage 1

Nauru Stage 2

(tender)

Other govt construction

(tenders)

Remote Telecommunications

Facilities

Whelans

• OTC has a robust order book and strong pipeline of opportunities.

• Brockman 4 (Nammuldi) and Nauru Stage 1 will contribute to a strong first half FY2014.

• Given the current level of tender activity and opportunities in resources, government and off-shore

construction, and remote telecommunications, OTOC Australia is confident of securing new work in

coming months that will underpin the balance of FY2014.

• Whelans has a solid level of recurring revenue and work in hand for FY2014.

Dec 2013 June 2014

Order Book and Pipeline

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June 2013

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Investment Highlights

• Remote Area Solutions company with a diversified service offering and end-user exposure.

• Resources sector expertise complemented by exposure to government construction spend.

• Achieved profit and margin growth in FY2013 despite tight market conditions in resources.

• FY2014 earnings underpinned by

committed contracts with Rio Tinto and the

Government sector.

• Strong growth outlook for all divisions.

• OTC is trading on a very low earnings

multiple, i.e. FY2013 EBIT to exceed $7.2m

vs. current market cap of ~$9.1m

• Poised for a share price re-rating from

market recognition of earnings growth,

strong order book and positive outlook.

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This Document should not be considered as an offer or invitation to subscribe for or purchase any securities in OTOC

Limited (“OTOC” or “The Company”) or as an inducement to make an offer or invitation with respect to those securities.

No agreement to subscribe for securities in OTOC should be entered into on the basis of this Document.

This Document contains high level information only and does not purport to be all inclusive or to contain all information

which its recipients may require in order to make an informed assessment of OTOC and its prospects. Any forecasts

and forward looking

information contained in this Document are subject to risks and uncertainties and are not a guarantee of future

performance. Actual performance will almost certainly differ from those expressed or implied.

OTOC makes no representation or warranty, express or implied, as to the accuracy, currency or completeness of the

information presented herein. Information contained in this Document may be changed, amended or modified at any

time by OTOC. OTOC is under no obligation to update any information or correct any error or omission which may

become apparent after this Document has been issued.

To the extent permitted by law, OTOC and its officers, employees, related bodies corporate and agents (‘Associates’)

disclaim all liability, direct, indirect or consequential (and whether or not arising out of the negligence, default or lack of

care of OTOC and/or its Associates) for any loss or damage suffered by recipients of this Document or other persons

arising out of, or in connection with, any use of or reliance on this Document or information contained herein. By

accepting this Document, the recipient agrees that it shall not hold OTOC or its Associates liable in any such respect for

the provision of this Document or any other information provided in relation to this Document.

Recipients of this Document must make their own independent investigations, consideration and evaluation of the

information contained herein. Any recipient that proceeds further with its investigations, consideration or evaluation of

the information described herein shall make and rely solely upon its own investigations and inquiries and will not in any

way rely upon this Document. Recipients of this Document should not act or refrain from acting in reliance on material

in this Document.

Disclaimer

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Adam Lamond Chief Executive Officer

Brian Mangano Chief Financial Officer

David Russell General Manager

OTOC Australia

Tel (08) 9317 0628

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