AZZ (AZZ) 8-K Regulation FD Disclosure

September 2009

2

Except for the statements of historical fact, this release 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 customer demand and response to products
and services offered by the company, including demand by the electrical power
generation markets, electrical transmission and distribution markets, the industrial
markets, and the hot dip galvanizing markets; prices and raw material costs, including
zinc and natural gas which are used in the hot dip galvanizing process and steel,
aluminum and copper which are used in the electrical and industrial segment; 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, currency fluctuations, and availability of experienced
management employees to implement the company's growth strategy.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 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 Company
Sales By Segment

44%

45%

56%

55%

Actual

FY2008

$320.2

(in millions)

Actual

FY2009

$412.4

(in millions)

Projected

FY2010

$370 to $380

(in millions)

42%

58%

Galvanizing

Electrical and Industrial

4

Total Company
Sales By Market Segment

Actual

FY2008

$320.2

(in millions)

Actual

FY2009

$412.4

(in millions)

Projected

FY2010

$370 to $380

(in millions)

5

Electrical and Industrial Products

6

Electrical and Industrial Products

Projected

2010

$215 to $220

(in millions)

7

Power Generation

8

Power Transmission

9

Power Distribution

10

Industrial / Commercial

11

12

Backlog

($ In Millions)

13

Backlog

($ In Millions)

	Fiscal 2008	Fiscal 2009	1st Qtr 2010	2nd Qtr 2010
Beginning Backlog	$120.7	$134.9	$174.8	$150.0
Bookings	$334.4	$452.3	$70.7	$84.5
Shipments	$320.2	$412.4	$95.5	$95.2
Ending Backlog	$134.9	$174.8	$150.0	$139.4
Book to Ship Ratio	104%	106%	74%	89%

Galvanizing Services

Application: “After-fabrication”
steel corrosion protection

Locations:22 facilities in 13 states

15

16

Galvanizing Services

Actual

FY2009

$186.6

(in millions)

Projected

FY2010

$155 to $160

(in millions)

18

Consolidated Net Sales
($ In Millions)

$370 to
$380

19

Consolidated Net Sales
First Six Months FY10
($ In Millions)

20

Earnings Per Share
(Fully Diluted)

$3.00 to
$3.10

21

Earnings Per Share
First Six Months FY10
(Fully Diluted)

22

Operating Margins

23

Operating Margins
First Six Months FY10

Electrical and Industrial

Products

24

Projected

25

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

Projected Debt

Projected Debt to Equity Ratio

Projected Cash

Fiscal Year

26

Capital Expenditures / Depreciation($ In Millions)

$14.6

27

Return On Assets

28

Investment Summary

•Strong Historical Performance

ØFY09 was 22nd consecutive year of profitability

Ø5 Yr CAGR - Revenues 25%, Net Income 58%, EPS 54%

ØSignificant Operating Margins (above industry averages)

•Key Growth Drivers

ØDomestic & international demand for electrical power and energy

ØU.S. infrastructure investment

•Niche products and value added services with strong market
share position

•Strong Management Team

•Successful acquisition track record and opportunities for further
expansion and growth

•Strong balance sheet and cash flows

September 2009