C&c Group Plc · LSE:CCR

C&c — Evolution Conference March 2010

28 slides from C&c's conference presentation, March 2010

1. Slide 1: C&C Group plc

   cac group ple “248. C&C Group plc “ew GAYMER CIDER COMPANY

2. Slide 2: ! ! " # " $ " # # % ! ! # #

   ! ! " # " $ " # # % ! ! # # ! & # ! ' ! ! ( ! ) ! ! ! ! * ( # # +

3. Slide 3: Presentation Agenda

   Presentation Agenda Business Overview Acquisition of ABI assets: Tennent’s Acquisition of Constellation assets: Gaymer Cider Co. Conclusion and Q&A Est.I770 err GAYMER foes) ©4CIDER COMPANY slide 3 A we .

4. Slide 4: ! ! " " # ! ! $ % " &! !'( ) (

   ! ! " " # ! ! $ % " &! !'( ) ( $ " * + " , (& - $. , /0 234 !+' 1 5 6'7 8 # 67 $ .% # 27 " " 9 ! !8$8 : 1

5. Slide 5: , % !9 ; " !9 ; & < " < < " !

   8 8 , % !9 ; " 5 !9 ; & < " < < " ! % !: < ;" 5 "< =9 > 8 ?@ " ! : !! '

6. Slide 6: ! A> " !- )> -* ! " # $ %& ' & &17

   8 ! A> " !- )> -* ! " # $ %& ' 7 & 7 &17 &17 &B7 &'7 &B7 &27 &67 &27 &27 &47 &47 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 7 & 17 /8 2 C D 4 =/ 4 > 4 > 4 E 4 C? D 4 C? . 4 ?: 4 / 4 89 4 9 9. //> 8- /> ? . /> : ? -D D / F /-D /@/D B

7. Slide 7: ! A: ): * ( ! )" # * -- -. -. / /

   8 ! A: ): * ( ! )" # * -- -. -. / / / 0 0 1 1 , 1 , 1 , , , , 1 , + + , , + + 23 2+ 2/ 2-. 2-- 2-3 2-, 2-0 2-1 23. 23. 2-/ 23. * 2.0 2.0 4 2.0 5 2.0 6 2./ 7 82./ " 2./ 2./ " 2./ 6 2./ 6 2./ )2./ * 2./ " ) 9 : 6

8. Slide 8: &D ! " " ! < ' B < G6B , , G66 -

   &D 8 ! " " ! < 1 ' B 6 2 4 < G6B , , 5 2 G66 - - G62 - G64 2--3 4 & -& G2 G2 " G2 - - G2 " - -# G21 - -' $ ;< - G2' G2B !8$8 : G26 - -, " G22 = G24 G4 " G4 -./01 G4 : G4 G41 G4' G4B G46 G42 G44 G G G G G1 G' GB G6 G2 -* G4 2

9. Slide 9: D D H 8$8

   8$8 ! . & : & 9 ! D 2 D H 8$8 = "3 4 & < " " = "3 4 > & 4 . ! C 4 I > ! 9 " - 4 % !- D - ! -)9 ;* D 4 J &8 D 4 % !9 : < 8 8 < 4

10. Slide 10: 8$8 ! . & : &B/ ? " : " $ " " $

    8$8 ! . & : &B/ ? " : " $ " " $ " D 8$8 - - - < 9 I " $ " : ? 6$ > * @> A $ @>

11. Slide 11: cac group ple “ ah

    cac group ple “ ah we Est.1770 GAYMER cac group ple “3 CIDER COMPANY Slide 11

12. Slide 12: 9 !K 2 )+ ' *& K ' K 6 ! "

    9 & 4 8$8 % - " ! - ) -* – !9 ;" $I , < – < " ! ,; -" – " " , ! (K 6 9 !K 2 )+ ' *& K ' K 6 ! " K < = <! 0 " ,! < - < ! " > 0 8$8; ! ! ! ! < %

13. Slide 13: $ )$ I ," < " " , * ; < " D &

    9 $ 8 )$ I ," < " " , * 9 ; < " D & 0 & " " " , 4 $ , D & & !!& ! 8 & & !!& " B 3..0 @ 5 C3- 0

14. Slide 14: > , – > , ! " ! – / " , ) "

    9 > , 4 – > , ! " ! – / " , ) " ,* D - " : – /0 ! > " !- / 0 ! ! " * )$ - – L . " = – L . D - # , – L . < > " !- # ! !!& * ) - ! < " "< =E – 8 < !K' – > < !K' = 1

15. Slide 15: cac group ple “ ah

    cac group ple “ ah we Est.1770 GAYMER cac group ple “3 CIDER COMPANY Slide 15

16. Slide 16: &D K !K1'

    9 &D " 4 !9 : < 8 8 < " ! $ ! ?@ ! 8 – > !? @ " 5 , / : < " $ ." # – 8 ! < / # – " / ( 8 !K1' ) ( +' * - ! K ! < <" ! = "< " ,! < !KB & % < - < & 0 8$8; ! 9 "< ? @ !! != 9 )M =9N*" "H "< =9 B

17. Slide 17: @ F. ! < / I $ " ! < * ? ) ;<

    9 7 @ F. ! < / I $ " ! < * ? ) ;< = / D I $ " ! < / ( ' / < 7D 3..0E./ @ 5 C+ F G @> )@ 5 ) $ 7D 3../E-. G4 / -9 ! < ! !8 6

18. Slide 18: > & ! ! $: ) 8$8; < ?@ , !! ! " /

    9 > & ! ! $: ) 8 8$8; < ?@ , 0 !! ! " / , ! ?@ - !!& - < : ; & 2

19. Slide 19: A = D D

    9 A= $ • D " !+ 2 % ? ! !+ 61 ! 9 ; ! !+ ! ! & % +1 ! < D " ,! < !KB ) ( +B6 * , • =E D " 3/ -9 0 " O ! " % < • . 0 &9 ; % ) ( *"< =E 4

20. Slide 20: seen ae

    seen ae cac group ple “3. wae oo Est.1770 GAYMER cac group ple “3 CIDER COMPANY Slide 20

21. Slide 21: - - D % , ! ! , *$ H - > " &

    - 4 - D 9 % , ! ! , *$ 2 3 9 H - 8 > " & < F D > 9 , 0 , " 2 + 0 ! ! , - , " <

22. Slide 22: 8$8 ! . & : & ! )$ $ I ," < * "

    8$8 ! . & : & 9 ! 8 )$ $ I ," < * " " , 9 ; D & 0 & < " " " " , 4 $ , D & & !!& ! 8 & & !!& " @ ) = < % ! I ' " = <

23. Slide 23: <A ! ! $: - ?@ " = ! ! $" " H -

    <A ! ! $: - ?@ " = 3 ! ! $" " H - ! " F / , + /0 0

24. Slide 24: cac group ple “ th

    cac group ple “ th we Est.1770 GAYMER cac group ple “i CIDER COMPANY Slide 24

25. Slide 25: Risk Factors

    Risk Factors e Transaction risk e Integration risk ¢ = Cider duty risk e Exchange rate risk ¢ Deteriorating business conditions in core markets GAYMER Cac group ple ‘Es puiwers CIDER COMPANY ae

26. Slide 26: C&C FY Results

    F A- 9 - 3.-. 9 - 3../ $ ) J J > '6(' 26(6 ) ('7* ( ( )4(B7* ! " ! 0 '6(1 BB(1 ) (B7* D ! ) ( * )B(1* )12(17* 90 )'(6* )B(1* ) (47* 5 - #- .6 78 .6 18 & ) ('* D D ! " ! 0 12(1 ' ( )2(47* H " / '( 6( ) ( 7* ( $ - -5', .7 9 .1 / .6 .8 C&C FY Results | Slide B 26

27. Slide 27: D "P B(

    F A & 9 ; : < % 9 - 3.-. J D "P 4 B( : -; - -5<= ;( . /# = ! )' (1* ) (6* D "P 4 6 ( : -; - -5<= ;( . 0# ! 4 1'(' ! 4 1( >5# - - - - - 6

28. Slide 28: H B : 1-B

    ) H 7 B : 1-B $ = K B= : = :B 5 8 -3 (H+H - ,-, --..

C&C Group — Evolution Conference March 2010 on 6ix