global energy solutions delivered. Fiscal First Quarter 2013 Earnings Conference Call November 6, 2012

Slide 2 Disclaimers Forward-Looking Statements: This presentation, and any oral statements made by Pike’s management regarding the subject matter of this presentation, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of Forward-looking statements are based on our current expectations, beliefs and assumptions and often use words such as “may,” “will,” “should,” “estimate,” “expect,” “anticipate,” “intend,” “plan,” “predict,” “potential,” “project,” “continue,” “believe,” “seek,” variations of such words and similar expressions are intended to identify such forward-looking statements. These statements can be identified by the fact that they do not relate strictly to historical or current facts and are subject to certain risks and uncertainties. Pike’s business is subject to a number of general risks that would affect any such forward-looking statements including, among others, decreases in demand for the Company’s services; increases in fuel costs; market competition; the potential loss of certain customers; and adverse changes in general market and industry conditions. You should consider such risks and other factors that may impact our assumptions and forward-looking statements as more fully discussed under Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended June 30, 2012 and in any of Pike’s subsequent filings with the SEC. The information contained herein speaks as of the date hereof and we do not have or undertake any obligation to update such information as future events unfold. Non-GAAP Financial Information: This presentation contains non-GAAP financial information, specifically Pike’s earnings before interest, taxes, depreciation and amortization or “EBITDA.” A reconciliation of EBITDA to net income as determined in accordance with GAAP is presented in the Appendix.

Slide 3 Fiscal Q Highlights ■Completed the acquisition of UC Synergetic (“UCS”) in July, adding distribution engineering, communication engineering and storm assessment / inspection services to our portfolio ■In October, announced John Thompson, President of UCS, will lead our entire engineering organization ■Implemented new reporting segment structure this quarter, creating additional financial reporting transparency ■Revenue totaled a record high $244.6M, up 42% compared to the same quarter last year ■Core services revenue totaled $194.4M this quarter, up 42% year-over-year (Y/Y). All revenue categories showed improvement ■Storm restoration revenue totaled $50.2M this quarter, compared to $34.8M in the year- ago period ■Gross profit totaled to $36.9M, or 15.1% of revenue – up 120 bps Y/Y ■Net income totaled $9.3M, or $0.26 per diluted share – up 257% and 271%, respectively

Slide 4 Core Revenue Trends – $M TransmissionDistribution and Other All Other OperationsSubstation

Slide 5 UCS Acquisition Overview Charlotte, NC Boston, MA Columbus, OH Denver, CO Tampa, FL Dallas, TX Trailing 12-Month Revenue through May 2012 by Service Category ~35% ~15% ~50% Approx. $70 million all-cash deal Pike funded the acquisition through a $75 million expansion of the current revolving credit facility July 2012 closing date was a 1Q13 event Post merger integration already underway Slightly accretive to EPS in FY13 Atlanta, GA Overview of UC Synergetic: Headquarters in Charlotte, NC Roughly 700 people, with other major offices in Atlanta, Boston, Columbus, Dallas, Denver, Raleigh, and Tampa UC Synergetic’s business: Rounds-out our entire suite of services in distribution Broadens our engineering services into tele- communications solutions Provides additional scale in our transmission and substation business Raleigh, NC

Slide 6 Segment Results – $M Construction All Other Operations Eliminations and Other AdjustmentsTotal 1Q13 Core services$156.5$49.0- $205.5 Less: Intercompany eliminations(0.1)(11.0)- (11.1) Core services, net Storm-related services Revenues, net$203.4$41.2- $244.6 Segment income (loss) from operations (1.1)17.6 Depreciation and amortization Purchases of property and equipment Q12 Core services$121.2$15.8- $137.0 Less: Intercompany eliminations- Core services, net Storm-related services Revenues, net$156.0$15.8- $171.8 Segment income (loss) from operations8.6(0.6)(0.3)7.7 Depreciation and amortization Purchases of property and equipment

Slide 7 Comparative Financial Results 1Q134Q121Q12 Core services, net$194.4M$171.0M$137.0M Storm-related services$50.2M$7.6M$34.8M Revenues, net$244.6M$178.6M$171.8M Gross profit$36.9M$21.9M$23.9M Gross profit – % of revenue15.1%12.3%13.9% G&A expense$19.5M$18.1M$16.0M G&A expense – % of revenue8.0%10.1%9.3% Income from operations$17.6M$4.1M$7.7M Op. income – % of revenue7.1%2.3%4.5% Net income$9.3M$1.4M$2.6M Net income – % of revenue3.8%0.8%1.5% Diluted EPS$0.26$0.04$0.07

Slide 8 Non-GAAP Financial Information – $M 1Q13 4Q121Q12 Net income$9.3 $1.4$2.6 Adjustments: (1) Interest expense Income tax expense Depreciation and amortization EBITDA$28.0$13.5$17.4 Revenue$244.6$178.6$171.8 EBITDA Margin – % of revenue11.4%7.6%10.1% (1). Excludes the add-back of non-cash stock-based compensation.

Slide 9 Selected Balance Sheet Data 1Q134Q121Q12 Cash and cash equivalents$1.3M$1.6M$2.7M Accounts receivable and costs and estimated earnings in excess of billings on uncompleted projects$209.3M$157.5M$160.6M Working capital (excluding cash)$149.3M$112.2M$103.5M Turnover (TTM revenue / WC)5.1x6.1x6.2x Debt$207.5M$123.0M$132.5M Debt / equity72%44%50% Debt / total capital42%31%33%

Slide 10 Selected Cash Flow Data – $M 1Q134Q121Q12 Cash flow (used in) provided by operating activities$(7.5)$7.9$(5.4) Capital expenditures$8.1$12.0$7.6 Acquisitions, net of cash acquired$69.7--$16.4 Net debt payments (borrowings)$(84.5)$(3.5)$(33.5)

global energy solutions delivered. Appendix

Slide 12 Non-GAAP Financial Information The Securities and Exchange Commission’s Regulation G applies to any public disclosure or release of material information that includes a non-GAAP financial measure. In the event of such a disclosure or release, Regulation G requires: (i) the presentation of the most directly comparable financial measure calculated and presented in accordance with GAAP and (ii) a reconciliation of the differences between the non-GAAP financial measure presented and the most directly comparable financial measure calculated and presented in accordance with GAAP. The required presentations and reconciliations are contained herein and can be found in the Investor Center section of our website at: During earnings conference calls and investor presentations, management discloses the Company’s earnings before interest, taxes, depreciation and amortization, or “EBITDA” for the quarter. Management presents EBITDA as a supplemental measure of the Company’s performance and debt-service capacity that may be useful to securities analysts, investors and others. EBITDA is not, however, a measure of financial performance under U.S. generally accepted accounting principles (“GAAP”), and should not be considered as an alternative to net income, operating income or cash flow as determined in accordance with GAAP. Moreover, EBITDA is not calculated identically by all companies. A reconciliation of EBITDA to net income as determined in accordance with GAAP is presented on the following slide.

Slide 13 Non-GAAP Financial Information – $M FY08FY09 FY10 (1) FY11FY12 Net income (loss) $20.2$31.6$(13.5)$1.4$10.9 Adjustments: Interest expense Income tax expense (benefit) (8.6) Depreciation and amortization EBITDA$83.2$96.0$21.6$47.6$64.5 Revenue$552.0$613.5$504.1$593.9$685.2 EBITDA Margin – % of revenue15.1%15.7%4.3%8.0%9.4% (1) EBITDA for fiscal year 2010 was negatively impacted by an $8,924 pre-tax restructuring charge, comprised of $1,025 for severance and other termination benefits and a $7,899 non-cash write down of fleet and other fixed assets.

Slide 14 5-Year Financial Trends Capital ExpendituresEBITDA Net Debt Repayments/(Borrowings) %Revenue 1.6% 4.4% 3.5% 3.2% 4.9% 15.1% 15.7% 4.3% 8.0% 9.4% EBITDA for fiscal year 2010 was negatively impacted by an $8,924 pre-tax restructuring charge, comprised of $1,025 for severance and other termination benefits and a $7,899 non-cash write down of fleet and other fixed assets. see footnote M&A Cash Stock

global energy solutions delivered. Fiscal First Quarter 2013 Earnings Conference Call November 6, 2012