AZZ (AZZ) 8-K Regulation FD Disclosure

September 2008

2

Except for the statements of historical fact, this presentation may contain
forward-looking statements that involve risks and uncertainties some of which
are detailed from time to time in documents filed by the Company with the
SEC.Those risks and uncertainties include, but are not limited to: changes in
demand, prices and raw material costs, including zinc and natural gas which
are used in the hot dip galvanizing process; changes in the economic
conditions of the various markets the Company serves, foreign and domestic,
customer requested delays of shipments, acquisition opportunities, adequacy
of financing, and availability of experienced management employees to
implement the Company’s growth strategy; and customer demand and
response to products and services offered by the Company.The Company can
give no assurance that such forward-looking statements will prove to be
correct.We undertake no obligation to affirm, publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

Forward Looking Statement

3

AZZ is a specialty electrical equipment
manufacturer serving the global markets of power
generation, transmission, distribution and
industrial as well as a leading provider of hot dip
galvanizing services to the steel fabrication
market nationwide.

Company Overview

Total CompanySales By Segment

42%

44%

58%

56%

FY2007

$260.3

(in millions)

FY2008

$320.2

(in millions)

Projected

FY2009

$420 to $430

(in millions)

45%

55%

Galvanizing

Electrical and Industrial

4

Total Company
Sales By Market Segment

FY2007

$260.3

(in millions)

FY2008

$320.2

(in millions)

Projected

FY2009

$420 to $430

(in millions)

5

6

Industrial Utilization
Federal Reserve Statistical Release

Electrical and Industrial Products

7

Electrical and Industrial Products

FY2007

$150.3

(in millions)

FY2008

$179.1

(in millions)

Projected

FY2009

$230 to $235

(in millions)

8

Power Generation

9

Power Transmission

10

Power Distribution

11

Industrial / Commercial

12

13

Backlog

($ In Millions)

14

	Fiscal 2007	Fiscal 2008	1st Qtr 2009	2nd Qtr 2009
Beginning Backlog	$73.8	$120.7	$134.9	$141.8
Bookings	$307.2	$334.4	$106.8	$139.0
Acquired Backlog	-	-	-	$13.2
Shipments	$260.3	$320.2	$99.9	$103.2
Ending Backlog	$120.7	$134.9	$141.8	$190.8
Book to Ship Ratio	118%	104%	107%	135%

Backlog

($ In Millions)

Galvanizing Services

Application: “After-fabrication”
steel corrosion protection

Locations:20 facilities in11 states

16

17

Galvanizing Services

19

Consolidated Net Sales
($ In Millions)

$420
to $430

20

Consolidated Net Sales
First Six Months FY09
($ In Millions)

21

Earnings Per Share
(Fully Diluted)

22

Earnings Per Share
First Six Months FY09(Fully Diluted)

23

Operating Margins

24

Operating Margins
First Six Months FY09

Electrical and Industrial

Products

25

Cash Provided By Operations/
EBITDA/Free Cash Flow
($ In Millions)

Projected

26

Total Bank Debt/ Long Term Debt to Equity($ In Millions)

Projected Debt

Projected Debt to Equity Ratio

Fiscal Year

27

Capital Expenditures/Depreciation
($ In Millions)

$11.5

28

Return On Assets