mohawk 3t11

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    , .

    Investor Presentation- November 2011

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    Forward-looking Statements

    Certain of the statements in this presentationmay include forward-looking statements as

    Reform Act of 1995, which are subject tov ri ri k n n r in i in l in

    not limited to, those set forth in our pressreleases and our periodic filings with the

    Securities & Exchange Commission.

    22

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    Mohawk Hi hli htsWorlds largest flooring manufacturer

    Total flooring product offering

    Pervasive sales coverage

    Vertically integrated manufacturing

    Expanding international presence

    33

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    Leader in Floorcoverin

    (1)

    Sales of $5.3 billion

    EBITDA of $631 million

    Leading Market Positions

    Carpet

    eram c

    Laminate

    Rugs and Mats

    Stone Flooring and Countertops

    Wood

    44

    ( ) exc u es one- me c arges

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    Product Mix Across Floorin Industr

    2002 U.S. Industry 2010 U.S. Industry

    $17 Billion$20 Billion

    Carpets & Carpets &Ru s 55%

    Hardwood10%

    Hardwood9%

    Ceramic

    Ceramic11%

    Laminate

    12%

    Laminate5%

    30% of market 32% of market

    Stone 5%Rubber 1%Vinyl 8%

    Rubber 1%Vinyl 12%

    5

    Sources: Floor Covering Weekly

    5

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    Floor Coverin Sales b End-Use Market

    Residential. .

    $20 Billion Retail dealers

    Builder

    Multi-family

    Home centers

    . .

    $17 Billion

    Residential

    Specialty Retail

    Commercial

    ResidentialReplacement

    48%

    ResidentialNew

    Construction25%

    ResidentialReplacement

    56%

    NewConstruction

    8%

    Educational

    Retail

    Health care

    Commercial27%

    Commercial36%

    Institutional

    Mainstreet

    6

    Source: Floor Covering Weekly

    6

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    2010 U.S. Floorin ManufacturersCarpet and Rugs Total Flooring

    Dollars In Billions Dollars % Total Dollars % Total

    Mohawk $2.4 25% $3.5 22%

    Shaw $3.0 31% $3.3 21%

    Armstrong $1.0 6%

    Beaulieu $0.9 9% $0.9 6%

    Tarkett $0.6 4%

    Mannington $0.2 3% $0.6 3%

    Interface $0.5 5% $0.5 3%

    Pfleiderer $0.3 2%

    Marazzi $0.2 1%

    The Dixie Group $0.2 2% $0.2 1%

    Total Top Ten $7.3 75% $11.1 69%

    7Source: Floor Focus

    Total Industry $9.7 $16.0

    7

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    Floorcoverin Retailers

    2007 U.S. Industry 2010 U.S. Industry

    Contractor

    SpecialityStores57%

    on rac or14%

    SpecialityStores

    HomeHome

    Centersenters26%

    Other3%

    30%

    Other3%

    8

    Sources: Floor Covering Weekly, and Catalina note 2007 amounts restated per Census in 2010

    8

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    International Growth OpportunitiesSquare feet in Mill. 2005 2006 2007 2008 2009

    China

    Tile 33,100 40,400 47,600 54,700 59,200

    RussiaLaminate 395 409 527 656 592

    Tile 1,732 1,765 1,861 1,894 1,754

    9Sources: Ceramic World, Frost & Sullivan, China Construction Ceramics Association and management estimates

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    Best in Class Distribution Network

    State of the art lo istics s stem

    300 distribution points, 700 trucks

    Nearly 1,500 sales representatives in N.A.

    1010

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    Growth Strate

    Added hard

    surface salesforce with

    Acquired Unilin

    leading laminateSanfi

    JV

    investment in

    1992-2000

    Focus on

    sourced

    products

    Acquired

    U.S. & European

    position

    Acquired2000

    2002

    2005

    2007Chinese ceramic

    manufacturer

    2010

    acquisitions a -t e argestU.S ceramicmanufacturer

    Flooringleading wood

    position

    1111

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    Environmental Leadershi Over 3 Billion lbs. of material diverted from landfills annually

    Process almost 20% of all plastic bottles recycled in N. A.

    23 Million lbs. of tires recycled annually into door mats Nearly 50% water reduction per yard of carpet since 2005

    Bio-based carpet fiber from cornExclusive SmartStrand

    97% of our ceramic tile have some level of recycled content

    Featured in July 2011 Fortune magazine

    Newsweekranked Mohawk in the top consumer products group

    Recipient of Floor Covering Weeklys2011 Award for

    Environmental Leadership

    Received a GOLD award for innovation in fiber technology and

    12

    sustainability at NeoCon for SmartStrand

    12

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    Innovative Products and Global Ex ansion

    SmartStrand Sorona proprietary fiber Click furniture

    Distressed antique wood surface

    Geographic Expansion

    Russia China

    1313

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    World Class S stems

    inventory management system

    Sophisticated transportationmanagement

    Integrated warehousemanagement

    Next generation supply chain

    14

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    Ex andin Customer TechnoloMohawkNet.com

    Electronic invoicing and payment program

    Check order history, product availability and information

    Track product deliveries

    MohawkToday.com

    Marketin su ort for retailers and sales team

    Advertising materials for print, online and television

    Downloadable photography and literature

    15

    ,

    Available on computer or tablet for easy access

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    Positive Industr Outlook

    an econom c recovery w mprove us ness

    Favorable long-term household growth

    onsumer everage ra o e ow year average

    Housing stock aging average 30+ years

    Pent-up demand from postponed residential remodeling Flooring remodeling 2/3 of long-term market

    1616

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    Mohawk Se ment: Car et & Ru s

    Leading market share in all channels

    roa est array o oor ng pro ucts

    Best known brands Strong aligned dealer network

    Low cost integrated manufacturer

    Best in class national distribution

    Strong environmental position

    1717

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    Mohawk Se ment: BrandsWorld Class Brands

    Mohawk

    Mohawk Floorscapes

    Karastan

    Durkan

    Mohawk Color Center Lees

    Bigelow

    1818

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    Mohawk Se ment: Event MarketinConsumer events build brand awareness

    ,

    Sunset Celebration Weekend 12,000 attendees Real Simple 6,000 attendees

    1919

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    Mohawk Segment: Leading Retail Programs

    3 customer options for maximizing retail segment

    Mohawk Authorized retailers (a la carte)

    Mohawk Aligned (full service) Karastan (full service, high-end)

    Retail Training & Consultation

    Com lete floor coverin roduct offerin

    Advertising & in-store promotional support

    Differentiated concept maximizes performance

    2020

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    Mohawk Se ment: Innovation in Multifamil

    Launched SmartStrand Tri-Star Specifically engineered for apartments

    New fiber system

    High durability

    Competitive price alternative to nylon

    Provides superior lifecycle value

    2121

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    Mohawk Segment:

    Home Division

    Sells All Top Retailers Coordinated Offerings

    Bath Rugs Mats Area Rugs

    2222

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    Dal-Tile Se ment: Ceramic & StoneCompetitive Advantages

    Largest U.S. ceramic tile and stonecompany

    Market share nearly 5x closest competitor

    Broad product line satisfies all channelsan pr ce po n s

    Leading ceramic brands

    Recognized as world wide ceramic

    leaderexpanding international presence

    2323

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    Dal-Tile Segment:

    Brands Servin All Channels

    Residential flooring dealer focus

    216 com an -owned sales service centers

    27 stone centers

    8 design galleries

    Home centers

    Independent distributor focus 128 locations

    16 company sales centers

    Home centers

    2424

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    Dal-Tile Segment:

    U.S. Ceramic Tile Industr 2010

    Mohawk/DT

    Imports*/Other

    43%

    StonePeak/Fiandre

    Marazzi 8%Florida

    U.S./Laufen 2%

    25*Imports of domestic manufacturers included in company numbers, not import numbers

    Interceramic3%Crossville 5%Florim 2%

    e anar a2%

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    Unilin Segment: Laminate & Wood

    Geographical Revenue Split Product Revenue Split

    Non-U.S.77%

    Flooring67%

    U.S. 23%

    Non-Flooring33%

    2626

    Note: Flooring includes Laminate and Wood Flooring and related products

    and Non-Flooring includes Roofing Structures and Other Boards

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    Unilin Segment:

    Floorin Advanta es

    Laminate leader in mid to high end

    Strong consumer brand recognition in Europe and U.S.

    Complete laminate and pre-finished wood offering

    Undisputed innovation leader

    Valuable intellectual property

    Vertically integrated low cost manufacturer

    2727

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    Unilin Segment:

    Non-Floorin Offerin s Flax, Specialty MDF, and Chipboards

    - Furniture and specialty construction

    Insulation

    Melamine-faced boards and panels

    - Furniture, DIY and construction industries

    Custom Roofing Panels

    - Insulated roof panels and hinged roofs

    Insulation Panels

    n n oo ng ane s ra t ona oo

    2828

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    Strate for Future Growth

    eve op ta ent to r ve nnovat on

    Expand into new high-growth markets

    Continuous optimization of resources

    Upgrade and develop systems to improve

    execution and customer su ort

    2929

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    Mohawk Industries, Inc.

    30

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    Revenues and Cash Flow from O erations

    Revenues Cash Flow from O erations

    $1,000

    $785

    $880

    $576

    $672

    $600

    $700

    $800

    $900$7,906$7,586

    $6,867

    $5,465 $5,319$6,000

    $7,000

    $8,000

    ,

    $320

    20 0

    $300

    $400

    $500

    2,000

    $3,000

    $4,000

    $5,000

    $0

    $100

    2006 2007 2008 2009 2010$0

    $1,000

    2006 2007 2008 2009 2010

    31

    Dollars in Millions, excluding one-time charges

    31

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    Earnin s Summar(Ex-charges 1)

    Dollars in Millions except EPS

    Years Ended Dec. 31 2010 2009 2008 2007 2006

    Net Sales $5,319 $5,465 $6,867 $7,586 $7,906% Change (3%) (20%) (9%) (4%) 19%

    ross ro , , , , ,

    % Gross Margin 27% 27% 26% 28% 28%

    Operating Income $327 $301 $493 $764 $839% Oper. Margin 6% 6% 7% 10% 11%

    Net Earnings $172 $154 $251 $438 $456

    % Change 12% (39%) (43%) (4%) 18%

    Diluted EarningsPer Share

    $2.51 $2.24 $3.67 $6.39 $6.70

    % Change 12% (39%) (43%) (5%) 17%

    3232

    (1) 2010, 2009, 2008 and 2007 excludes impairment and unusual charges

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    Results b Se ment (Ex-charges 1)

    2010 2009 2008 2007 2006

    Mohawk Segment

    Dollars in Millions

    Sales $2,845 $2,978 $3,669 $4,206 $4,742

    % Change (4%) (19%) (13%) (11%) 1%

    Operating Income $133 $98 $127 $263 $387

    Dal-Tile Segment

    Sales $1,367 $1,427 $1,815 $1,938 $1,942

    % Growth (4%) (21%) (6%) -- 12%

    Margin 7% 7% 12% 13% 14%

    Unilin Segment

    Sales $1,188 $1,128 $1,465 $1,488 $1,237

    Operating Income $116 $121 $172 $272 $214

    Margin 10% 11% 12% 18% 17%

    33

    (1) 2010, 2009, 2008 and 2007 excludes impairment and unusual charges

    33

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    uarterl Earnin s Summar(Ex-charges 1)

    Dollars in Millions except EPS

    r uar er

    Net Sales $1,443 $1,310 $1,383

    % Change 10% (5%) (22%)

    Operating Income $94 $89 $84

    per. arg n

    Diluted EarningsPer Share

    $0.83 $0.74 $0.64

    % Change 12% (16%) (44%)

    34

    ( ) , an sa es, opera ng ncome an u e earn ngs per s are excu es unusua c arges

    34

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    Liquidity and Capital Structure

    Over $790M available : Debt amortizes:

    $800

    $900

    Third Quarter 2011

    $500

    $600

    $700

    $900

    $270

    $200

    $300

    $400

    $400

    $0

    $100

    Credit Facility Cash Balance

    Used Unused

    2011 2012 2013 2014 2015 2016

    Bond Revolver

    3535

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    Net Debt to Capital

    32.0%

    Strong cash generation30.0%

    31.0%

    Effective working

    capital management28.0%

    29.0%

    Leverage near

    historically low levels26.0%

    27.0%

    25.0%3Q 09 4Q 09 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 Q3 11

    36

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    Mohawk Industries, Inc.

    37