1. LITTLE ROCK UPDATE
September 2010

2. Little Rock, Arkansas
New area under development

3. New coil storage area
 New site provides huge area for steel storage
 Up to 350,000 tons of coil can be stored
 Ideal hard surface for coil storage
 Less than 1 mile from main Welspun facility
 Both facilities on the same rail spur
 Potential location for additional capacity – induction bends

4. Spiral Mill Performance
 Continued excellent safety record
 Completed pipe making for the Ruby Project.
 Commenced the KXL Project and on target
 Ongoing improvements
 Additional welding line installation
 Welding improvements, NDT upgrades, debottlenecking...
 Production windows available now!

5. Coating Mill Performance
 Productivity in the last two consecutive months…..
10% above original targets
 Recent Improvements
 ID coating curing chamber fully operational
 New paint kitchen to reduce downtime
 Outbound rack debottlenecked
 SAP system upgraded and streamlined
 New offline stripping station
 Additional supervision
 Coating repairs reduced to less than 0.5%

6. Storage, Loading and Shipment
 800 acres of land available for storage
 Have completed seven different projects – load out by truck,
barge, rail depending on final location
 All loading of pipe undertaken by vacuum cranes
 The facility is served by UP, BNSF and CN
 Little Rock Port Authority undergoing expansion to allow
multiple unit trains to be built simultaneously