NEW Enhanced Spade Bits

Enhanced Spade Bits Still 4X FASTER Now with IMPROVED DURABILITY Blue Groove Point and Cutting Edge Cutting edges “cut” (versus scrape) the wood 4X faster Parabolic Scoop Larger cutting area and more aggressive removal of wood chips Still 4X FASTER Now with IMPROVED DURABILITY

Testing: Cutting Edge & Tip Durability Torque Test +45% NEW IRWIN tip withstands 45% more torque Bend Test +60% Bent 90 degrees NEW IRWIN tip withstands 3X more force Source: IRWIN Spade Bit Tip Torque and Bend Testing (6/26/2009)

2ft+ 1.5ft <1ft Testing: Drop Test Maximum Drop Height without tip Breakage 2ft+ NEW IRWIN bit withstands drop of 2ft + 1.5ft Milwaukee bit withstands drop of 1.5ft <1ft New DeWalt bit does not withstand 1ft drop Source: IRWIN Spade Bit Tip Drop Testing (6/26/2009)

Testing: Nail Encounters # of Nail Encountered Holes before Bit Failure (Direct Hit to 10D coated sinker ) 1 3 12 Although not designed for Nail Encounters NEW IRWIN bit withstands most hits before failure Source: IRWIN Spade Bit Testing (2/18/2010)

Testing: Drilling Speed average # of seconds to Drill 1 hole Significantly improved DURABILITY. Still the FASTEST

IRWIN Spade Bit Evolution 1985 2004 2010 End User Requirements Speed Clean Hole Durable Cutting Edge End User Requirements Speed Clean Hole Durable Cutting Edge End User Requirements Durable Cutting Edge Speed Clean Hole

Rolling Change Launch CARDED Bits Current Blue Groove NEW Blue Groove Rolling Change Detail 4” Bits : began July 16” Bits : began May 6” Bits: began May Sets: began May

Rolling Change Launch BULK Bits Micro Groove Design NEW Blue Groove Rolling Change Detail 16” Bits : begins September 6” Bits: begins August 5% increase to List effective 11/1/2010 based on update to NEW Blue Groove

NEW 4 Piece BULK Value Packs

NEW 6 Piece Set with Storage Wallet Set Includes: 3/4”, 7/8”, 15/16, 1”, & 1-1/8” short length bits

NEW 6 Piece Set Promo Counter Display Set Includes: 3/8”, 1/2”, 5/8”, 3/4”, 7/8”, & 1” standard length bits