1. 4th Quarter 2011
February 2, 2012

2. Forward Looking Statements
During the course of this presentation, we may make projections or other
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995.
We wish to caution you that such statements reflect only our current
expectations, and that actual events or results may differ materially due
to changes in global economic, business, competitive, market and
regulatory factors.
More detailed information about these factors is contained in the
documents that the Company files from time to time with the Securities
and Exchange Commission. We undertake no obligation to update such
projections or such forward-looking statements in the future.
2

3. Highlights of Q4 2011
 Net sales up 26% Financial Summary
 Organic sales up 13% In Millions, except per share amounts Q4 '11 Q4 '10 ∆
 Continued solid growth at Brake & Net Sales $ 789.6 $ 626.9 26%
Friction, Construction Materials and Earnings Before Interest and
Interconnect Technologies Income Taxes (EBIT) 52.7 26.8 97%
 $81M, or 13%, in sales from Hawk, EBIT Margin 6.7% 4.3% 240 bps
PDT & Tri-Star acquisitions Income from Continuing
Operations, Net of Tax 39.5 21.9 80%
 EBIT Margin of 6.7%
Continuing Operations Diluted
 Selling Price / Raw Material parity at Earnings per Share $ 0.63 $ 0.35 80%
CCM
 Positive impact on EBIT margin from
Hawk acquisition
 Charges for Acquisitions of $4.2M in
Q4 ‘11 versus $14.2M in Q4 ‘10 for
Hawk
 Acquired Tri-Star on December 2, 2011
Strong sales and earnings improvement
3

4. Sales Bridge
1,000
Organic +13.1%
900
+12.9% 0% $789.6
800
$ in Millions
+6.8% +6.3%
700
$626.9
Organic by Segment
600 Construction 18%
Transportation 5%
Brake & Friction 15%
500 Interconnect 20%
FoodService -5%
400
300
Q4 '10 Price Volume / Oth Acq F/X Q4 '11
26% Sales Growth: 13% Organic, 13% Acquisition
4

5. Margin Bridge
Q4 '10 Net Charges * Acq Volume COS Other Net Price / RM Q4 '11
9.0%
0.6% 0.4%
8.0%
1.2% 0.1% 6.7%
7.0%
1.3% ‐1.2%
6.0%
EBIT Margin
5.0%
4.3%
4.0%
3.0%
2.0%
1.0%
0.0%
EBIT: $26.8 Million EBIT: $52.7 Million
97% growth
Positive impact from acquisitions, volume and COS
Operating improvements at CTP
* Difference in acquisition related costs, 2011 v. 2010 5

6. Carlisle Construction Materials
Q4 2011 Results
 Sales growth of 23% $400 $378.5
23%
 PDT sales $16M, 5% $350
$306.5
 Organic growth of 18% on strong $300
reroofing demand and selling price
$ in Millions
$250
 Selling price added 7%
$200
 EBIT increased 32% from $34.4M in
$150
2010 to $45.5M in 2011 12.0%
11.2%
 $2.1M expense for inventory step- $100
up at PDT under purchase $50
accounting
$0
 Selling price offset raw material Q4 '10 Q4 '11
impact
Sales PDT Margin
Strong organic growth from reroofing demand and selling price
Integration of PDT well underway
6

7. Carlisle Transportation Products
Q4 2011 Results
 Sales growth of 5% $180 10.0%
 Selling price increase of $16M, 11% $154.1
$160
$146.4 8.0%
 Partially offset by lower volume in Outdoor
$140
Power Equipment and Transmission Belts 5%
6.0%
$120
 Raw Materials declining in Q4, however, year
$ in Millions
over year comparisons not favorable $100 4.0%
 Natural Rubber up 21% in Q4 ‘11 vs. ‘10 $80 2.0%
 Synthetic Rubber up 42% in Q4 ‘11 vs. ‘10 0.2%
$60
0%
0.0%
 Higher priced inventory sold during period $40 -2.5%
negatively impacted earnings -2.0%
$20
 EBIT loss of $4M
$0 -4.0%
 Loss from lower volume and raw material Q4 '10 Q4 '11
 Jackson plant running at target efficiency
Sales Margin
levels
Jackson plant issues addressed
CTP positioned for margin improvement in 2012
7

8. Carlisle Brake & Friction
Q4 2011 Results
 Sales growth of 126% $140
 Hawk contributed $56.8M, 111%, $116.2
$120
reflects first two months of Q4 (Hawk
acquired December 1, 2010) $100
126%
$ in Millions
 Organic sales growth of 15% $80
13.3%
 Continued global demand in $51.4
$60
Agriculture, Construction and Mining 0%
 EBIT of $15.4M in 2011 versus loss of $40
$10.7M in 2010 -20.8%
$20
 Hawk contributed $11.4M in Q4 ‘11
$0
 Acquisition charges of $14.2M in Q4 Q4 '10 Q4 '11
2010 for Hawk
Sales Hawk Margin
Integration of Hawk in 2011 tremendous success
8

9. Carlisle Interconnect Technologies
Q4 2011 Results
 Tri-Star Electronics acquired Dec. 2, 2011
for $284M $100
$86.5
 Leading supplier of electrical contacts $90
to aerospace, defense and industrial $80
32%
customers $70
$65.5
 CIT sales growth of 32%
$ in Millions
$60
 Tri-Star added $7.8M, 12% $50
13.6%
 Organic sales growth of 20% driven $40
12.0%
by strong aerospace sales $30
$20
 EBIT increased 17% from $8.9M in 2010
$10
to $10.4M in 2011
$0
 Excluding $2.1M in acquisition related Q4 '10 Q4 '11
costs, EBIT in Q4 ‘11 was $12.5M, Sales Tri-Star Margin
margin of 14.5% 1 1 Refer to slide 20 for reconciliation of GAAP to non-GAAP measure
Outstanding sales and EBIT performance
9

10. Carlisle FoodService Products
Q4 2011 Results
 Sales declined 5% $70 30.0%
$57.1
 Selling price increase of 2% $60 25.0%
-5% $54.3
partially offset volume decline 20.0%
$50
 Demand down in foodservice 15.0%
$ in Millions
$40
products and healthcare 9.3%
10.0%
$30
 EBIT loss of $2.1M in Q4 ‘11 5.0%
$20 0%
 Negatively impacted by lower sales 0.0%
volume, unfavorable mix changes, $10 -5.0%
higher customer rebates -3.9%
$0 -10.0%
 $1.6M severance charges Q4 '10 Q4 '11
Sales Margin
Undergoing actions to address performance and
improvement plan for 2012
10

11. 2011 Highlights
 Net sales up 28% Financial Summary
 Organic up 14% In Millions, except per share amounts 2011 2010 ∆
 Acquisitions contributed 13% Net Sales $ 3,224.5 $ 2,527.7 28%
 FX < 1% impact Earnings Before Interest and
Income Taxes (EBIT) 275.1 196.1 40%
 EBIT Margin 8.5%, up 70 bps from EBIT Margin 8.5% 7.8% 70 bps
prior year Income from Continuing
Operations, Net of Tax 181.9 130.6 39%
 Effective tax rate 28.4% in 2011 v.
Continuing Operations Diluted
30.5% in 2010 Earnings per Share $ 2.88 $ 2.10 37%
 EPS up 37% to $2.88
Segment Summary
Brake & Inter- Food-
In Millions Const. Trans. Friction connect Service Corp Total
2011
Net Sales $ 1,484.0 $ 732.1 $ 473.0 $ 299.6 $ 235.8 $ - $ 3,224.5
EBIT 177.9 9.1 77.2 41.9 13.2 (44.2) 275.1
EBIT Margin 12.0% 1.2% 16.3% 14.0% 5.6% -1.4% 8.5%
2010
Net Sales $ 1,223.6 $ 684.8 $ 129.4 $ 251.1 $ 238.8 $ - $ 2,527.7
EBIT 159.2 21.7 (0.9) 30.9 24.3 (39.1) 196.1
EBIT Margin 13.0% 3.2% -0.7% 12.3% 10.2% -1.5% 7.8%
YOY Change
Net Sales 21% 7% 266% 19% -1% 28%
EBIT 12% -58% NM 36% -46% -13% 40% 11

12. Sales Bridge Full Year 2011
4,000
Organic +13.9%
$3,224.5
3,500
+13.4%
3,000 0.3%
$2,527.7
$ in Millions
2,500
+4.9% +9.0%
2,000
Organic by Segment
1,500 Construction 19%
Transportation 6%
Brake & Friction 30%
1,000 Interconnect 16%
FoodService -2%
500
0
2010 Price Volume / Oth Acq F/X 2011
28% Sales Growth: 14% Organic, 13% Acquisition, FX < 1%
12

13. Margin Bridge Full Year 2011
2010 Net Charges * Acq Volume COS Net Price / RM Other Op 2011
12.0%
1.2% 0.9%
10.0%
0.2% 0.7% 8.5%
7.8% ‐1.5%
8.0%
EBIT Margin
‐0.8%
6.0%
4.0%
2.0%
0.0%
EBIT: $196.1 Million EBIT: $275.1 Million
40% growth
Positive impact from acquisitions, volume and COS
Partially offset by raw materials and Jackson start-up at CTP
* Difference in acquisition related costs, 2011 v. 2010 13

14. Strong Balance Sheet
Debt Maturity Schedule  Cash on Hand of $75M
$600 In millions  Tri-Star acquisition for $284M,
net of cash acquired, funded by
$500 $252 Available Under
$600M Revolver
credit facility
$400 at 12/31/11  $252M available as of 12/31/11
under new revolver
$300
 Debt to Cap ratio of 34%
$200 Drawn
$348
Senior
Notes
 Debt to EBITDA of 2.0
$100 Senior IRB & Other $249M
Notes  Cash proceeds of $23M for
$149M
$0 Profiles sale on 1/2/12
2012 2016 2018 2020
Well-positioned for further investment in acquisitions, new
product development and capital expenditures
14

15. Cash Flow
Summary Cash Flow by Quarter
In Millions 2011 2010 $120
$100
Net income $ 180.3 $ 145.6
$80
Depreciation and amortization 88.0 71.9
$ in Millions
Non-cash compensation 15.7 13.3 $60
Change in working capital (91.6) (109.9) $40
Other (1.2) (13.5)
$20
Operating Cash Flow $ 191.2 $ 107.4
$0
Capital expenditures (79.6) (64.6)
($20)
Free Cash Flow $ 111.6 $ 42.8
($40)
Q4 '10 Q1 '11 Q2 '11 Q3 '11 Q4 '11
Operating Cash Flow Capital Expenditures Free Cash Flow
Q4 '10 Q1 '11 Q2 '11 Q3 '11 Q4 '11
Operating Cash Flow $45.0 ($0.3) $14.0 $105.2 72.3
Capital Expenditures (17.8) (16.9) (16.9) (14.7) (31.1)
Free Cash Flow 27.2 (17.2) (2.9) 90.5 41.2
78% Op Cash Flow Increase – 161% Free Cash Flow Increase
15

16. Working Capital as a % of Net Sales
32.0%
30.0%
28.0%
26.0%
24.0%
22.0%
20.0%
Q1 '09 Q2 '09 Q3 '09 Q4 '09 Q1 '10 Q2 '10 Q3 '10 Q4 '10 Q1 '11 Q2 '11 Q3 '11 Q4 '11
WC as a % of Net Sales 30.4% 26.5% 25.1% 24.9% 23.5% 21.4% 21.6% 22.0% 23.4% 21.7% 21.5% 21.9%
Working Capital reflects average of quarter ending Receivables plus Inventory less Accounts Payable. % of Net Sales calculated using average Working Capital over annualized year-to-date Net Sales.
Managing working capital on higher sales volume
16

17. Q&A
17

18. Carlisle 2012 Outlook
 Total sales growth with Tri-Star and PDT ~ 10%
 Organic sales growth in mid-single digits
 Margin improvement from organic growth, CTP improvements,
COS and Tri-Star acquisition
 Corporate Expense - $44M
 Depreciation & Amortization - $107M
 Interest Expense - $24M
 Tax Rate - 33%
 Cash conversion ~ 75% on higher Capital Expenditures
(Ratio of Free Cash Flow before Dividends to Net Income)
 Capital Expenditures - $120M - $150M
 Higher investment opportunities identified at CCM, CBF and CIT
18

19. Appendix
19

20. Reconciliation –
GAAP to Non-GAAP Measures
In Millions
Page 9 Q4 '11
EBIT - Carlisle Interconnect Technologies $10.4
Addback: Non-recurring pre-tax acquistion costs 2.1
Adjusted EBIT - Carlisle Interconnect Technologies 12.5
Net Sales - Carlisle Interconnect Technologies $86.5
Adjusted EBIT Margin 14.5%
20