The Brink's Company 8K Departure of Directors or Certain Officers | BCO 23 Feb 09

Management Presentation

February 24, 2009

Forward-looking Statements

This presentation, including questions and answers, may contain both
historical and forward-looking information within the meaning of the Private
Securities Litigation Reform Act of 1995. Actual results could differ materially
from projected results. Additional information regarding factors that could
affect financial performance is readily available in our press release dated
February 4, 2009 and in our filings with the Securities and Exchange Commission,
including our most recent forms 10-K and 10-Q. Information included in this
presentation is representative as of the date of the presentation only and The
Brink’s Company assumes no obligation to update any forward-looking
statements made.

n Introduction

n Brink’s Business Overview

n Financial Highlights

n Summary

Agenda

Michael J. Cazer

Vice President &

Chief Financial Officer

Edward A. Cunningham

Director of Investor Relations &

Corporate Communications

Brink’s Company Overview

World’s premier security company

n Founded in 1859, Brink’s is
the oldest and largest secure
logistics company

n Diversified operations with revenue
of $3.2 billion in 2008

n Approximately 57,000 employees,
800 facilities and 9,400 vehicles
worldwide

The Brink’s Company

n Solid core industry dynamics

n Premier brand

n Leader in business segments

n Proven operational excellence

n Global footprint

n Growth strategy

n Strong financial performance

Solid Core Industry Dynamics

Global Outsourced Cash Logistics Market

Source: Central Banks, Internal Company Estimates

($Bn)

$2.3 - - $2.8Bn

Notes in Circulation

¢ Cash use growing with
GDP in developed markets

¢ Faster growth in
developing economies

¢ Customer outsourcing
(Cash Logistics) increasing

¢ Opportunities vary by
region

Premier Brand

n Globally recognized brand

n A brand built on

– Trust and integrity

– Quality of our people

– Safety and security

– Operational excellence

– History and heritage

– Global network

n 150th Anniversary in 2009

Leader in Business Segments
Secure Logistics

Total: $14.5 billion

Brink’s

Securitas / Loomis

G4S

Others

Prosegur

Leading Share in Fragmented Secure Logistics Market

Estimated 2008 Global Secure Logistics Market Share

Source: Internal Company Estimates

2008 Revenue
(% of Total)

Description

High Value Services

Cash-in-Transit

Security Services

n Armored car transportation

n Point-to-point pick-up and
delivery of cash, coins, checks
and other valuables

n ATM services

n Provides infrastructure for
High Value Services

$1.7 Billion (53%)

$1.1 Billion (35%)

$0.4 Billion (12%)

n Global Services

– Secure long-distance
transport of valuables

– International shipping
by air / sea / land

n Cash Logistics Services

– Money processing

– Virtual vaulting

– Intelligent safes

n New Services

– Payment Services

n High-value niche guarding
services in select E.U. countries

n Protection of

– Airports

– Embassies

– Public venues

– Stores

Source: Internal Company Estimates

Leader in Business Segments
Business Lines, Products and Services

Cash Logistics

Bank

Brink’s
Facility

(Virtual
Vault)

l Builds on CIT & IT
capabilities

l Money processing (sorting,
counterfeit checking,
packing, distribution)

l Virtual vaulting (processing &
storage of cash for banks)

l Intelligent safes (counting,
counterfeit checking and
networking with banks)

– CompuSafe® Service /
I-Cash / I-Deposit

Compu

Safe®

Leader in Business Segments
Cash Logistics: Features & Benefits

Benefits

Banks

Retailers

Brink’s

l Outsourcing and
cost reduction

l Reduced assets
invested in vaults

l Improved customer
service

l Expanded vaulting
capacity extends
geographic reach

l Enhanced safety
and security

l Better cash
management,
same-day credit

l Lower bank fees

l Enhanced safety
and security

l Reduced cash
administration /
more productive
employees

l Improved customer
service

l Reduced theft,
counterfeiting

l Improved
customer service

l Revenue growth,
higher margins

l Longer contracts
(“sticky”)

l Lower
transportation
costs

l Enables “full-
service” offering

Leader in Business Segments
Relative Growth and Margins

Security Services

Cash-in-Transit

High Value Services

n Global Services

n Cash Logistics

n New Services

Proven Operational Excellence

n Demonstrated global expertise

– Security

– Risk management

– Logistics

– Pricing discipline

– Human resource management

– IT capabilities

Global Footprint

North America

Asia Pacific

Latin America

Europe, Middle East, Africa

Canada

54 Branches

United States

197 Branches

EMEA

269 Branches
26 Countries

Asia Pacific

91 Branches
12 Countries

Latin America

262 Branches

9 Countries

Global Footprint
Brink’s Segment Revenue and Operating Profit

Revenue

Segment Operating Profit

North America

Asia Pacific

Latin
America

Europe, Middle East and Africa

Total: $3.2 billion

International

Total: $272 million

December 31, 2008

Growth Strategy

n Core

– Increase share in current geographic markets

– Penetrate new geographies with strong growth potential

– Continue to develop and grow high-margin products and services Cash
Logistics, CompuSafe® Services, Global Services

– Provide full-range cash management solutions

n Plus

– Enter new security-related markets where we can create value for
customers with our brand and other competitive advantages

Ÿ Commercial Security, Payment Processing

n Acquisitions to supplement organic growth

Revenue

($MM)

Strong Financial Performance
Revenue Growth

Operating Profit

($MM)

Strong Financial Performance
Profit Growth

Segment Operating Profit

149

120

184

223

272

Corporate/Former Ops

(87)

(82)

(73)

(62)

(43)

Operating Profit

111

161

229

Strong Financial Performance
Enhancing Margins

n Continue developing IT capabilities

– CompuSafe® Service, Virtual Vaulting, I-Deposit, etc.

n Investing in sales and marketing

– Selling solutions

n Grow high-margin business

– Global Services, Cash Logistics

n Grow in high-margin geographies

– BRIC, Latin America, Asia-Pacific, Africa

n Improve or exit underperforming assets

– Challenges in Europe, Latin America improving

– U.K. ground operations sold in 2007

Strong Financial Performance
Balance Sheet

n $62 million net cash at December 31, 2008

n Strong cash flow from operations

n Over $300 million of available borrowing capacity

n Investment grade credit rating

Cash

$251

Debt

(189)

Net cash/(debt)(1)

$ 62

Note: (1) Non-GAAP reconciliation

2009

Long-Term

Organic (1)
Revenue

Mid-to-high single-digit
% growth

High single-digit %
growth per year

Operating
Margin

Approaching 8%

Improve by 50 bps per
year

(1) Organic revenue is a non-GAAP measure. For details regarding organic revenue growth, see Pages 17 and 18
of the company’s earnings release dated February 4, 2009.

Strong Financial Performance
Short and Long-Term Objectives

Strong Financial Performance
2009 versus 2008

n Continued economic weakness,
lower margins expected

n Foreign exchange impact

n Currency conversion complete

n Higher pension expenses

n Higher tax rate

Difficult Comparisons with 2008

Positive Factors in 2009

n Continued disciplined execution

n Strong balance sheet, net cash
positive

n Position in North America is
strong and improving

n More outsourcing by banks and
retailers

n Acquisition opportunities at
more reasonable values

n Corporate expenses lower

Strong Financial Performance
Revenue Growth Across Economic Cycles

Sources: U.S. Department of Commerce - Bureau of Economic Analysis, Internal Company Data

Strong Financial Performance
Execution Creates Value

($)

Note: (1) $100 invested on December 31, 2001 in stock or index. Includes reinvestment of dividends

Cumulative Stock Total Return (1)

Summary

n Solid core industry dynamics

n Premier brand

n Leader in business segments

n Proven operational excellence

n Global footprint

n Growth strategy

n Strong financial performance

The Brink's Company (BCO) 8-KDeparture of Directors or Certain Officers