May 23, 2012

Raymond James Infrastructure & Construction Conference

Dave Smith, EVP & CFO

Forward Looking Information

2

This report contains statements about the Company‟s business outlook, objectives, plans, strategic priorities and other statements that are not historical facts. A statement Finning makes is

forward-looking when it uses what the Company knows and expects 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 impact of new and revised IFRS that have been issued but are not yet effective; the expected timetable for completion of the proposed

transaction between the Company and Caterpillar to acquire the distribution and support business formerly operated by Bucyrus in Finning‟s Canadian dealership territory; growth prospects

for the former Bucyrus business being acquired by the Company in Finning‟s dealership territories (Bucyrus) and the competitive advantages of the business being acquired; expected future

financial and operating results generated from Bucyrus; anticipated benefits and synergies of Bucyrus; the expected financing structure for the Bucyrus transaction in Finning (Canada); and

the expected impact of Bucyrus on Finning‟s earnings. 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 Finning‟s expectations at May 23, 2012. Except as may be required by Canadian securities laws, Finning

does 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 the expectations expressed in or implied by such forward-looking statements and that Finning‟s business outlook, objectives, plans, strategic priorities and other

statements that are not historical facts may not be achieved. As a result, Finning 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 these 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, Finning‟s products and services; Finning‟s dependence on the continued market acceptance of

Caterpillar‟s products and Caterpillar‟s timely supply of parts and equipment; Finning‟s ability to continue to improve productivity and operational efficiencies while continuing to maintain

customer service; Finning‟s ability to manage cost pressures as growth in revenues occur; Finning‟s ability to attract suffic ient skilled labour resources to meet growing product support

demand; Finning‟s ability to negotiate and renew collective bargaining agreements with satisfactory terms for Finning‟s employees and the Company; the intensity of competitive activity;

Finning‟s ability to successfully integrate the distribution and support business formerly operated by Bucyrus after that transaction closes; Finning‟s ability to raise the capital needed to

implement its 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. 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 Finning‟s 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 Finning believed were reasonable on the day the Company 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.

Finning cautions readers that the risks described in the AIF are not the only ones that could impact the Company. Additional risks and uncertainties not currently known to the Company or

that are currently deemed to be immaterial may also have a material adverse effect on Finning‟s business, financial condition, or results of operations.

Except as otherwise indicated, 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. Finning therefore cannot describe the expected impact in a meaningful way or in the same way Finning presents

known risks affecting its business.

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

Finning International Inc. (TSX:FTT)

World‟s largest Caterpillar dealer operating

in some of most resource-rich territories

3 regions, 7 countries; 14,000 employees

Key industries

Mining (oil sands, copper, coal)

Construction

Power systems

Unrivalled product support capability and

customer relationship

Well-positioned to capture growth

Market cap ~ $4.1 billion

2011 revenue = $5.9 billion

Quarterly dividend = $0.14 per share

Vancouver (head office)

Edmonton

Fort McMurray

Santiago

Antofagasta

South America ~35%

UK & Ireland ~15%

Canada ~50%

Cannock

3

British Columbia

Yukon

Alberta

The Northwest Territories

Bolivia

Argentina

Chile

Uruguay

United Kingdom

Ireland

Strategic Priorities

Improve operating profitability

in Canada

Drives 9-10% EBIT margin

in 2013

Strengthen balance sheet

Optimize strong free cash flow

to de-leverage

Integrate Bucyrus successfully

Capture growth opportunities

in product support

4

New Fort McKay oil sands service facility:

16 bays, 160,000 sq. ft.

Bucyrus Distribution Business

5

Excellent strategic fit

Mining solutions provider - broadest

product portfolio

Leverage existing customer base -

strong market share in South America

and Canada

Significant product support growth

opportunities

Bucyrus contribution

2012 revenue ~$270 million

(2012 calendar year ~$700 million)

Accretive to 2012 EPS

Expect EBIT margin of 7-8% within

two years

Capturing Growth

Growth within all our markets

Mining equipment population to grow by ~50% over next 5 years

Oil sands: new projects, fleet replacement, rebuilds

Chile mining: ~$100B projected investment over next 10 years

Heavy construction – infrastructure projects

Power systems – demand for energy; value-added services

Growth with Caterpillar

New products: Bucyrus, 795F electric drive truck

New businesses: truck bodies in FINSA

Growth in product support

Growing fleets of large mining equipment with high parts and service

consumption

6

Outlook

7

Expect robust market activity across most sectors in 2012

Revenues (including Bucyrus) to grow by 8-10% over 2011, led by strong

product support

Canada

Executing on ERP recovery plan and eliminating incremental costs

Expect continued improvement in EBIT margin throughout 2012

South America

Strong product support driving profitability, new equipment sales moderate

from 2011

Argentina: reduced construction volumes not expected to have material

impact on consolidated revenues and earnings

UK & Ireland

Uncertain economic environment

Market segmentation strategy: higher margin opportunities in equipment

solutions and power systems

8

Appendix

Q1 2012 Highlights

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Q1 results in line with expectations, very good start to the year

Healthy market conditions continue in all territories

New equipment sales moderated from record-setting Q4

Strong order intake in Q1

Backlog up 11% to $1.6 billion at the end of March

Record product support revenues

Large installed based of mining and construction equipment

Strong activity driving high utilization rates

Excellent results from FINSA and UK & Ireland

EBIT margins close to 2013 targets

Strong top line in Canada, sequential improvement in quarterly EBIT margin

Progress on optimizing the ERP system and eliminating incremental costs

Negative free cash flow of $223 million to support higher working capital

requirements

Cash Engine for Growth

Cash for Growth

Dividends

Reduce debt

Acquisitions

Net rental additions ~ $100-$150M per year*

Disciplined capital spending

~ $100M per year*

Strong cash flow from operations EBITDA ~ $500 - 800M per year*

Enhanced focus on

working capital management

8 * Averages over economic cycle

Oil Sands Mining Fleet Growth

11 * Includes units projected from 2012 to 2016, incremental to units at Dec 31, 2011

99%

100%

89%

91%

98%

87%

88%

1,501

83

89

243

287

400

156

243

320 – 340 Ton Trucks (future 795F/MT5500)

Total

Large Graders (16)

Ultra Large Graders (24)

Large Tractors (D8 & D9)

Ultra Large Tractors (D11 & D10)

100 – 200 Ton Trucks (777-789)

240 Ton Trucks (793)

400 Ton Trucks (797)

49

78

104

155

158

57

127

84

89

273

316

408

276

Finning’s Market Share

Caterpillar Units at Dec 31, 2011 Equipment Type

Total Units at Dec 31, 2011

Additional CAT Units Projected 2012 to 2016*

728

130

180

1,756

Projections include the existing projects and their expansions, as well as

contractor equipment for: Syncrude (Base & Aurora), Suncor (Steepbank &

Millennium), Shell/Albian (Muskeg River & Jackpine), CNRL (Horizon),

Exxon/Imperial (Kearl), Suncor/Total (Fort Hills)

FINSA Mining Fleet Growth

12

* Market share, PINS rolling 12 months as of June 2011.

** Caterpillar projected includes units forecast for FINSA from 2012 till 2016 which are incremental to units at December 31, 2011. These projections

constitute “forward-looking information” which reflect the current view of Finning of future events and are subject to risk and uncertainties. Actual

results could differ materially from current expectations.

Finning’s Market Share

Caterpillar Units at Dec 31, 2011 Equipment Type

Total Units at Dec 31, 2011

Additional CAT Units Projected 2012 to 2016*

59%

37%

71%

60%

84%

71%

69%

55%

749

1,822

120

152

301

137

151

212

Large Mining Trucks (793 – 777)

Total

Underground

Motor Graders (24 - 16)

Track-Type Tractors (D11 – D9)

Large Wheel Dozers (854 – 824)

Large Wheel Loaders (994 – 992)

Ultraclass Trucks Size (797-795)

328

979

90

62

138

64

37

260

1,208

3,393

400

253

535

253

236

508