Mike Waites, President and CEO

CIBC Whistler Institutional Investor Conference

January 19, 2012

2

Forward Looking Information

This report contains statements about the Company’s business outlook, objectives, plans, strategic priorities and other statements that are not historical facts. A statement we make is forward-looking when it uses what we know and expect today to make a statement about the future. Forward-looking statements may include words such as aim, anticipate, assumption, believe, could, expect, goal, guidance, intend, may, objective, outlook, plan, project, seek, should, strategy, strive, target, and will. Forward-looking statements in this report include, but are not limited to, statements with respect to: expectations with respect to the economy and associated impact on the Company’s financial results; expected revenue and SG&A levels and EBIT growth; anticipated generation of free cash flow (including projected net capital and rental expenditures), and its expected use; anticipated defined benefit plan contributions; the expected target range of Debt Ratio; the expected quantitative impact on the 2010 consolidated statements of financial position and statements of income and comprehensive income of the Company’s transition to IFRS effective January 1, 2010; and the impact on new and revised IFRS that have been issued but are not yet effective. All such forward-looking statements are made pursuant to the ‘safe harbour’ provisions of applicable Canadian securities laws. Unless otherwise indicated by us, forward-looking statements in this report describe our expectations at January 19, 2012. Except as may be required by Canadian securities laws, we do not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Forward-looking statements, by their very nature, are subject to numerous risks and uncertainties and are based on several assumptions which give rise to the possibility that actual results could differ materially from our expectations expressed in or implied by such forward-looking statements and that our business outlook, objectives, plans, strategic priorities and other statements that are not historical facts may not be achieved. As a result, we cannot guarantee that any forward-looking statement will materialize. Factors that could cause actual results or events to differ materially from those expressed in or implied by our forward-looking statements include: general economic and market conditions; foreign exchange rates; commodity prices; the level of customer confidence and spending, and the demand for, and prices of, our products and services; our dependence on the continued market acceptance of Caterpillar’s products and Caterpillar’s timely supply of parts and equipment; our ability to continue to improve productivity and operational efficiencies while continuing to maintain customer service; our ability to manage cost pressures as growth in revenues occur; our ability to attract sufficient skilled labour resources to meet growing product support demand; our ability to negotiate and renew collective bargaining agreements with satisfactory terms for our employees and the Company; the intensity of competitive activity; our ability to raise the capital we need to implement our business plan; regulatory initiatives or proceedings, litigation and changes in laws or regulations; stock market volatility; changes in political and economic environments for operations; the integrity, reliability, and availability of information technology and the data processed by that technology; operational benefits from the new ERP system; new or amended IFRS or interpretations that become effective prior to the inclusion of the Company’s financial statement of position in its first annual audited IFRS financial statements. Forward-looking statements are provided in this report for the purpose of giving information about management’s current expectations and plans and allowing investors and others to get a better understanding of our operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking statements for any other purpose.

Forward-looking statements made in this report are based on a number of assumptions that we believed were reasonable on the day we made the forward-looking statements. Refer in particular to the Outlook section of the MD&A. Some of the assumptions, risks, and other factors which could cause results to differ materially from those expressed in the forward-looking statements contained in this report are discussed in the Company’s current Annual Information Form (AIF) in Section 4.

We caution readers that the risks described in the AIF are not the only ones that could impact us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial may also have a material adverse effect on our business, financial condition, or results of operations.

Except as otherwise indicated by us, forward-looking statements do not reflect the potential impact of any non-recurring or other unusual items or of any dispositions, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur after the date hereof. The financial impact of these transactions and non-recurring and other unusual items can be complex and depends on the facts particular to each of them. We therefore cannot describe the expected impact in a meaningful way or in the same way we present known risks affecting our business.

All amounts in this presentation are in Canadian dollars unless otherwise noted

Finning International Inc. (TSX:FTT)

Exclusive Caterpillar dealer in some of most resource-rich territories

Unmatched products support capability and customer relationships

Focused on operational excellence and high-performance culture

Well-positioned for growth

Industries

Mining (including oil sands)

Construction

Power systems

Other: petroleum, forestry, pipelines

Over 13,000 employees

Market cap ~ $4.2 billion

YTD Sep 30, 2011 revenue = $4.1 billion

YTD Sep 30, 2011 EBIT = $272 million

Vancouver

Edmonton

Fort McMurray

Santiago

Antofagasta

FinningSouth America

Finning UKand Ireland

FinningCanada

Cannock

3

Intermediate(2012-2014)

Operational Excellence

Creating Our Future

4

VisionProviding unrivalled services that earn customer loyalty, we will be CAT’s best

global business partner.

Acquisition(s)

Power Systems

Core/BCP Leadership

Panorama Implementation

Disciplined Growth FCF EBIT ImprovementHigh Performance/

Engagement

Sales & Solutions

Service & Parts

Supply Chain

Safety

Systems

Operational

Excellence 5 x S

Operating Leverage10% EBIT

Ultimate (2015)

Short-term(2010-2011)

Global Solutions Provider

Solidify Foundation

STRATEGIC

GROWTH

High

Performance

Culture

Mining Solutions

5

Meeting Our Commitments

Strong top-line performance as of Sep 30, 2011

Backlog remains strong at $1.8 billion

YTD revenue growth up 26%

Solid market conditions in core businesses

Improved operating leverage

Streamlined, more efficient cost structure

On-track to achieving 9-10% EBIT margin target in 2013

Investing to maintain competitive advantage

Fort McKay oil sands service facility – on track

Mining product support infrastructure in South America

Executing acquisition strategy

Acquisition of Former Bucyrus Distribution BusinessTransaction Overview

6

Finning to acquire the former Bucyrus International, Inc. distribution business from CAT which sells and supports products in our South American, Canadian and UK territories

Purchase price: US $465 million

Attractive return on investment in excess of cost of capital

Asset based transaction

Expected to be accretive to 2012 earnings per share*

Financing

All cash transaction

Intend to fund acquisition by way of issuance of US and Canadian dollar denominated term debt. Global credit facility can be used to bridge as necessary

Expected to have no impact on credit rating

Purchase price: US $465 million

Two-phase close: late Q1 2012 in South America and UK; Q2 2012 in Canada

* Excluding transaction costs

Compelling Strategic Fit

7

Mining Solutions Provider Product Support Growth

Broadest product offering in mining

Expanded product offerings for underground mining

Leveraging existing customer base

Further assist customers in reaching higher productivity and performance

Strong macro momentum

Ongoing growth in demand for commodities in emerging markets

Record projected mining investment in South America and attractive Canadian opportunities

Substantial installed machine base in our territories

Equipment sold in 2003 – 2008 nearing key maintenance overhauls

Opportunity to gain market share by increasing customer service levels

Leveraging extensive product support capabilities

Large remanufacturing and rebuild opportunity

Existing market

CAT componentry/growth

Strong Relationship with Caterpillar Cements Finning’s leading position in mining Alignment on Caterpillar’s largest acquisition

Distribution Overview - Former Bucyrus

8

New Equipment 52%

Product Support48%

Canada36%

UK2%

South America

62%

2010 Revenue ~$600 million Acquired business distributes and services former Bucyrus products throughout Finning’s territories

2 facilities in South America and 2 in Canada, complete with parts inventory

~900 employees, primarily in customer support and field service

Projected 2011 revenue: ~$600 million

Estimated 2012 revenue (full year): ~$700m

Projected EBIT margin: ~8% within 2 to 3 years

Strong market share in South America and Canada

Significant product support growth opportunities

Potential to grow underground business

Pro Forma Finning Profile

2010 Revenue % by Line of Business 2010 Pro FormaRevenue % by Operation

Vancouver

Edmonton

Fort McMurray

South America: 39%

UK & Ireland: 13%

Canada: 48%

Cannock

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Santiago

AntofagastaIquique

2010 New Equipment Deliveries % by Industry

$1.9 billion

$4.6 billion

Product Support46% New Equipment

42%

Used Equipment6%

Equipment Rental6%

Mining40%

Power Systems23%

Construction,Forestry, & Other

37%

Standalone

New Equipment43%

$5.2 billion

Used Equipment5%

Equipment Rental6%

Product Support46%

Pro Forma

Mining48%

Power Systems20%

Construction,Forestry, & Other

32%

$2.2 billion

Standalone Pro Forma

(Standalone : 50%)

(Standalone : 14%)

(Standalone : 36%)

Acquisition of Former Bucyrus Distribution Business Summary

10

Excellent strategic opportunity for Finning

Attractive return on investment in excess of cost of capital

Significant upside through growth of product support business and market share

Finning and Caterpillar have been working closely since fall of 2011 to ensure a seamless integration

11

Market Outlook

Macro-economic uncertainty has not impacted our business and outlook Actively quoting and taking orders Monitoring end markets, staying close to customers Better positioned to respond if end markets weaken

Canada Stable commodity cycle supports mining growth Healthy demand from construction and power systems

South America Ongoing strength in mining driven by record investments Solid growth in construction and power systems as public and private

investments in infrastructure and energy are expected to continue UK & Ireland

Fragile economy Focus on core businesses where outlook remains encouraging

12

Creating Our Future

Investing in capabilities and capacity

New ERP system

Mining product support

People, safety and high-performance culture

Strong Caterpillar relationship

New businesses, products, territories

Focused on margin expansion and disciplined execution of our strategy

Acquisition of former Bucyrus distribution business drives long term value for customers, employees and shareholders