1. Al Castino Senior Vice President Chief Financial Officer
Finance
Al Castino
Senior Vice President
Chief Financial Officer

2. FY 2008 Goals Achieve our growth and margin objectives
Execute right investments to drive future growth
Grow emerging countries
Maintain excellent capital management
Minimal shareholder dilution
Increasing ROE
Increasing EPS (both GAAP and non-GAAP)
Ensure systems and processes support efficient growth

3. FY 2008 Key Metrics Strong revenue growth
Total revenue grew 18% to $2.172B
Revenue from new seats increased 20%
Total 3D revenue increased 26%
Revenue from emerging countries increased 40% and represents 17% of revenue
Subscription revenue increased 31%
Non-GAAP EPS $1.88
Non-GAAP operating margin 27%
Cash flow from operations $708M
GAAP to Non-GAAP reconciliation in appendix

4. Strong Growth in Revenue
FY2006
FY2005
Y/Y % Change
Revenue ($M)
$1,523
$1,234
+23%
Gross Margin
89%
86%
+3pp
Pro-Forma Operating Margin
25%
21%
+4pp
Pro-Forma EPS
$1.28
$0.88
+45%

5. Non-GAAP Operating Margin Improvement FY07 and Q1 & Q2 FY08 Affected by Stock Option Review Costs

6. New Business Drives Revenue Growth

7. 2D and 3D Drive New Business
Investor Day 2008

8. Total 3D Revenue Strong Growth

9. 3D Installed Base Strong Growth

10. Total 3D Penetration 13% <Slide 27b – AEC 3D Installed Base >
Even with the tremendous growth we continue to see, we have only just begun to penetrate our huge 2D customer base.
13%

11. Subscription Users Approximately 1.5M Users
Investor Day 2008

12. Emerging Markets Accelerate Growth
Total Revenue ($M)

13. Industry Leading Revenue Linearity
2008
2007
2006
2005

14. Shares Outstanding Remain Flat Overhang Continues to Decline
223

15. Strong Cash Flow Approximately 2/3 of cash is international
Cash flow from operations $708M
Uses of cash
Acquisitions
Offset dilution from employee stock plans
$257M of cash including $50M drawn on credit line to repurchase 8M shares
Minimal exposure to asset-backed securities (< $10M)
Investor Day 2006

16. FY 2009 Financial Goals More of the Same…
Achieve our growth and margin objectives
Execute right investments to drive future growth
Grow emerging countries
Maintain excellent capital management
Minimal shareholder dilution
Increasing ROE
Increasing EPS
Ensure systems and processes support efficient growth
Investor Day 2006

17. Guidance Summary Q1 FY 2009 Q2 FY 2009 Fiscal FY 2009 Long Term Goal
Revenue $590M - $595M
GAAP EPS $ $0.38
Non-GAAP EPS $ $0.48
Q2 FY 2009
Revenue $600M - $610M
GAAP EPS $ $0.44
Non-GAAP EPS $ $0.54
Fiscal FY 2009
Revenue $2.45B - $2.50B
GAAP EPS $ $1.90
Non-GAAP EPS $ $2.30
Tax Rate 26%
Long Term Goal
15% CAGR Revenue
Investor Day 2006