Citi Investment Banking Pitch Book
Potential Holder Reactions
Holder
Capital Research & Mgm.
Barclays Global
Capital Guardian Trust
Wellington
Transamerica
MFS
Thrivent
Lord, Abbett
Janus
Alliance
Vanguard
State Street
Goldman Sachs Asset Mgmt.
Waddell & Reed
Invesco
Fidelity Mgmt.
Eubel Brady
Strong Capital Mgmt.
CalPERS
Suntrust
12
$ Value % Ownership*
$585
362
221
177
169
169
167
156
127
123
116
110
107
100
89
82
78
74
64
57
3.5%
2.2
1.3
1.1
1.0
1.0
1.0
0.9
0.8
0.7
0.7
0.7
0.6
0.6
0.5
0.5
0.5
0.4
0.4
0.3
Characteristic /Potential Reaction, etc.
Economically driven / being held in Growth Fund of America / will do the
right thing for the fund
• Indexers
♦ Growth at a reasonable price / will do right thing for fund
◆ May continue to hold t/ will do right thing for fund
◆ Insurance / will do what market tells them to do
◆ Holds in a variety of funds/growth at a reasonable price / net seller
♦
Unclear
♦ Recent buyer in size/smart long-term investors
◆ Recent performance weak / will take a profit
◆ Net seller/ getting out of cable
◆
Indexer
Indexer
♦
DRAFT
29-Jun-04
Net seller in size / growth at a reasonable price
Net seller/ will continue to sell /in Advisors Core Investment Fund
♦ Unclear
Selling across the board/postion in Magellan /tiny position relative to fund
size
Unclear
Net seller across the board
Indexer
Unclear
Notes: Values based on closing Charlleshare price of $28.36, as of June 28, 2004
Represents aggregate economic Interest la Charlle.
Citigroup]View entire presentation