Investor Presentaiton

Company Operations and Strategy New Zealand's Relative Position Competitive Advantages Relative to GDP per Capita Senior Management Recruitment Competitive Disadvantages Relative to GDP per Capita Country Ranking Country Ranking 11 Company Spending on R&D 31 Licensing of Foreign Technology 26 Nature of Competitive Advantage 25 Value Chain Presence 24 Extent of Regional Sales 23 Control of International Distribution 23 Note: Rank by countries; overall NZ ranks 19 (22 on Company Operations and Strategy) Source: Global Competitiveness Report 2000 CAON New Zealand Presentation 08-04-01 CK 54 Copyright 2001 Professor Michael E. Porter

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