Updated March 2012

Cabot Creamery

Updated March 2012Updated March 2012

Updated March 2012

1998-2011

Our MILK

• Handle over 2 billion pounds a year

• Operate 4 manufacturing plants

• 2 plants in Vermont process over 2.5 million pounds a day

• Aged cheddar cheese in inventory exceeds 60 million pounds

Cabot Transportation

Internal Infrastructure

• DSD VT. – (Direct Store Delivery) – 3 drivers

Services “Mom & Pop” stores throughout Vt.

• DSD NY. – (Direct Store Delivery) – 3 drivers

Services “Mom & Pop” stores throughout Ny., Pa. & Oh.

• *Long Haul – (Warehouse Deliveries) – 13 drivers

Services larger distribution centers from Me. to Pa.

• *Shuttle – (Intercompany Movements) – 3 drivers

Hauls “goods” (cheese, butter, cultured products, packaging, etc.) from facility to facility

* 3rd Party Carriers supplement additional volume

Long Haul

• Cabot Long Haul FleetWill move 4,100 loads this year within the New England, NY., NJ. & Pennsylvania markets.

• 3rd Party Long Haul CarriersWill move 2,210 loads this year across the U.S. and Mexico (brokered across border).

Typical 3rd party transportation is considered “truck load with stop-offs”.

Truck may start delivering in KY., drop in TN., drop in OK., drop in TX., and finish in AZ.

As many as 10 “deliveries” on any given load and may end anywhere within the U.S.

Shuttle

• Cabot Shuttle FleetWill move 5,085 loads per year between warehouses and production facilities.

• 3rd Party Shuttle CarriersWill move 1,724 loads per year between warehouses and production facilities.

Irene Impacts

DSD (Direct Store Delivery) travel effects* 17 weekly deliveries were removed from trucks and transferred to sales\merchandiser vehicles where “no truck” travel was permitted.* 220 miles per week were added to “routes” to accommodate stores that were less impacted.* Drivers took, on average, 3 additional hours per week to accomplish their daily routes.* Sales\merchandiser staff took, on average, 6 additional hours per week to accomplish their daily tasks.* Primary obstruction was the closure of Rt. 107 for 5 months.

Updated March 2012

Thank You

Irene Impacts (cont.)

Total out-of-route miles - 4,400

Total additional DSD labor hours - 60

Total “other” hours - 120

Total financial impact - $23,750.

We were one of the lucky ones ….

Updated March 2012

Updated March 2012

Updated March 2012Updated March 2012

Updated March 2012