Investor Fact Sheet

www.miscor.com
OTC BB: MIGL
COMPANY PROFILE FIRST QUARTER 2008 RESULTS (ended March 31, 2008)
MISCOR Group provides electrical and mechanical solutions to a ■ Net sales increased 83% to $29.7M, compared with $16.1M in
nationwide, Blue Chip customer base through two segments: 1Q07
■ Repair, Remanufacturing and Manufacturing (RRM)— 68% ■ Net income of $457,000, or $0.04 per share, versus a net loss of
of FY07 revenue—provides maintenance and repair services for $2.6M, or $0.38 per share in 1Q07
industrial motors, generators and lifting magnets, as well as diesel ■ Total segment revenues increased by $13.5M
engine component manufacturing, remanufacturing and repair. ■ RRM revenue increased 74% to $9.0M
■ CES revenue increased 112% to $4.5M
■ Construction and Engineering Services (CES)—32% of FY07 ■ Gross profit increased 62% to $4.7M compared to $2.9M in
revenue—provides a wide range of electrical contracting as well as 1Q07
engineering and repair services for electrical power distribution ■ Operating income increased 323% to $745,000, compared to
systems. $176,000 in 1Q07
Ranked on the Inc. 500 in 2004 and 2005, MISCOR has more than 600 ■ Service revenues increased 115% to $23.5M
employees in 14 locations nationwide. ■ Product revenues increased 19% to $6.2M

RECENT NEWS
April 2, 2008 – MISCOR Group Names Edward Matheny Vice SERVING DIVERSE END MARKETS
President of Sales and Marketing for RRM Division - Matheny, who
recently served as Global Sales Leader for GE Energy–Industrial Services, Rail
brings more than 18 years of integrated sales and marketing experience.
Petrochemical Transit

Jan. 17, 2008 – MISCOR Group Acquires American Motive Power

(AMP) - MISCOR acquired Dansville, NY-based AMP, a provider of a
Construction Utility
wide range of services to the railroad industry. The acquisition expands MISCOR

MISCOR’s locomotive expertise.

Dec. 3, 2007 – MISCOR Group Makes Largest-Ever Acquisition; Marine Steel

Raises $20M in Private Placement - MISCOR acquired 3-D Service Ltd., Energy

a provider of industrial services that will become part of MISCOR’s

subsidiary Magnetech Industrial Services. 3-D specializes in the repair and
service of commercial and industrial equipment, including a unique
GROWTH DRIVERS
expertise in wind power generation. MISCOR also announced it closed a
■ Established, nationwide blue-chip customer base (U.S. Steel,
$20M equity investment by institutional investor Tontine Capital Partners.
Union Pacific, CSX, Marathon, ALSTOM, etc.)
Oct. 22, 2007 – MISCOR Group Acquires Ideal Consolidated- MISCOR ■ Highly trained workforce: niche expertise and limited skilled
acquired Ideal Consolidated, Inc., a provider of mechanical contracting industrial talent pool play in MISCOR’s favor
services, including HVAC, plumbing and industrial piping. The acquisition ■ Industry tailwinds: The aging “industrial backbone” needs
provides an entry into the HVAC, plumbing and other mechanical areas, maintenance; repairs are a fraction of replacement costs
enabling MISCOR to expand its construction and engineering services. ■ Highly fragmented industries with growth opportunities
■ Diversified end-market exposure
■ Balance of organic and inorganic revenue growth
NET SALES ($ in Million)
FAVORABLE INDUSTRY TAILWINDS
■ Outsourcing of non-core industrial services:
$32.0 $29.7
Companies are increasing their use of outside contractors to
$28.0 control internal labor and insurance costs, while eliminating the
$22.6
$24.0 need for maintaining expensive, under-utilized equipment.
$17.4 $17.7
$20.0
$15.5 $16.1 $16.8 ■ Utilization of skilled employees will never be at 100%:
$13.3 $14.5
$16.0 The high costs of training and maintaining a satisfactory safety
$12.0 record and complying with rapidly changing regulations are
$8.0 causing industrial companies to seek outsourcing providers.
$4.0 ■ Breadth of Geographic Coverage Remains Critical:
$0.0 Industrial companies prefer to simplify vendor management by
1Q06 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 working with larger providers with broad geographic coverage.

The information featured on this fact sheet is not an offer to buy or sell securities. This fact sheet was prepared by Lambert, Edwards & Associates, Inc. (LE&A), which serves as investor relations counsel to
MISCOR Group Ltd., ("the Company") and has a contract to receive fees. Information or opinions contained in this fact sheet are presented solely for information purposes and should not be construed as invest-
ment advice. Information used and statements of fact have been obtained from the company featured and other sources that are believed to be reliable; however, LE&A does not warrant or guarantee the informa-
tion contained herein. For more information, or specific questions, please contact Jeff Lambert of Lambert, Edwards & Associates, Inc. at 616.233.0500.
 COMPANY CONTACT INVESTOR RELATIONS CONTACT
Richard Mullin, Chief Financial Officer Jeff Lambert, Patrick Kane
MISCOR Group Lambert, Edwards & Associates
P: 574-234-8131 P: 616-233-0500
E: rmullin@miscor.com E: pkane@lambert-edwards.com
OTC BB: MIGL

Improved Financial Position

Total Debt ( MM) Total Equity (MM)

Debt to Equity 1Q07 Debt to Equity 1Q08

$28.5
$13.6

$14.5
$44.4

Debt to Equity Ratio: 0.9:1 Debt to Equity Ratio: 0.6:1

Revenue Breakdown by Operating Segment

FY06 FY07
FY05

CES, 25% ECS, 29%

CES, 32%

RRM, 68%
RRM, 71%
RRM, 75%

MISCOR SENIOR MANAGEMENT

John A. Martell, P.E.— President and CEO
■ Founded Magnetech Industrial Services, now MISCOR Group Ltd., in 2000
■ More than 20 years experience in the electrical contracting and industrial services industry
■ One of the founding shareholders of Trans Tech Electric Inc., a specialty electrical contractor located in South Bend, Ind.
■ In 1998, TransTech became one of the founding members of Quanta Services, Inc. (NYSE: PWR), a provider of
specialized contracting services
■ Holds a degree in Electrical Engineering and a Certificate in Executive Management from the University of Notre Dame
Richard Mullin, CPA—Vice President, Chief Financial Officer
■ Joined MISCOR in February 2005
■ Over 20 years of experience in senior finance positions ranging from public accounting (at KPMG) to roles with suppliers and OEMs
■ Served as president and chief financial officer of NASDAQ-listed Starcraft Corporation, a specialty automotive supplier
■ Joined Wells Electronics Inc., an electronics components manufacturer, as vice president of finance; promoted to president
■ Holds a degree in Finance and Economics and an MBA from the University of Notre Dame
Richard Tamborski—Executive Vice President, Chief Operating Officer
■ Former VP of Operations for Alstrom Transports Train Life Services in the U.S.A. and Canada, a division of Paris, France-based Alstrom
■ Former VP of Global Sourcing and Logistics for NYSE-listed Wabtec, Corp.
■ Holds a degree in Business Administration from Lake Erie College
James M. Lewis—Vice President, General Counsel
■ Joined MISCOR in September 2005
■ Over 13 years of experience in a corporate law setting, with a focus in contract, litigation and product liability law
■ Former adjunct professor of law at the University of Notre Dame