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Certain statements herein about our expectations of future events or results constitute forward-looking
statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You
can identify forward-looking statements by terminology such as, “may,” “should,” “expects, “ “plans,” “anticipates,”
“believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable
terminology. Such forward-looking statements are based on currently available competitive, financial and economic
data and management’s views and assumptions regarding future events. Such forward-looking statements are
inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in
the forward-looking statements. In addition, certain factors could affect the outcome of the matters described herein.
This presentation may contain forward-looking statements that involve risks and uncertainties including, but not
limited to, changes in customer demand and response to products and services offered by AZZ, 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 cost, including zinc and natural gas which are used in the hot
dip galvanizing process; changes in the economic conditions of the various markets that AZZ serves, foreign and
domestic, customer request delays of shipments, acquisition opportunities, adequacy of financing, and availability of
experienced management employees to implement AZZ’s growth strategy. AZZ has provided additional information
regarding risks associated with the business in AZZ’s Annual Report on Form 10-K for the fiscal year ended February
28, 2010 and other filings with the SEC, available for viewing on AZZ’s website at www.azz.com and on the SEC’s
website at www.sec.gov.
In addition, certain factors regarding AZZ’s proposed acquisition of North American Galvanizing & Coatings,
Inc. (“NGA”) could affect the outcome of the matters described herein, including, but not limited to, (1) the occurrence
of any event, change or other circumstances that could give rise to the termination of the Agreement and Plan of
Merger by and among AZZ, Big Kettle Merger Sub, Inc. and NGA, dated as of March 31, 2010 (the “Merger
Agreement”), (2) the outcome of any legal proceedings that may be instituted against us or others following the
announcement of the Merger Agreement, (3) risks that the proposed transaction disrupts current plans and
operations, (4) the costs, fees and expenses related to the transaction, (5) changes in customer demand and
response to products and services offered by NGA, including demand by the hot dip galvanizing markets, and (6)
changes in the economic conditions of the various markets that NGA serves.
You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are
cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this
cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no
obligation to update any forward-looking statements, whether as a result of new information, future events, or
otherwise.
Forward Looking Statement
