J.P.Morgan Investment Banking Pitch Book

APPENDIX Ben Lett Managing Director, New York Mergers & Acquisitions Mr. Lett has been a member of the Mergers & Acquisitions group since 1997 in a broad variety of M&A roles. He has had responsibility for supervising merger and acquisitions and related strategic advisory work in a number of different sectors including real estate, technology and oil and gas. He also has substantial experience on numerous financing transactions. For six years Mr. Lett managed a retail start-up funded by Cardinal Capital of Dallas Texas. Mr. Lett graduated from Vanderbilt University (1986-1990) with an B.A. Degree in Political Science and Northwestern's Kellogg School of Management (1995-1997) with an MBA. ■ Silver Lake Partners on its $10.8bn acquisition of SunGard Data Systems ■ Investcorp on its acquisition of CCC Information Services Group ■ Computer Associates on its acquisition of Netegrity Avaya on its acquisition of Tenovis ■ EMC on its acquisition of SMARTS ■IBM its $2.1B divestiture of HHD ■Lucent on its $600 million divestiture of Kenan Systems ■Avaya on its acquisition of Expanets ■ Sungard on the acquisition of Comdisco ■Agere on its divestiture of its WiFi Systems division ■Network Associates on its $1.0bn dollar acquisition of McAffe.com ■ Network Associates on its acquisition of Entercept Software ■ Network Associates on its sale of Magic Software ■ Network Associates on its sale of Sniffer (Network General) ■Motorola on its acquisition of Next Level Communications ■Mercator Software its successful defense of an unsolicited bid from SSH ■ Conoco Inc. on its $6.3 bn acquisition of Gulf Canada Resources ■ Conoco Inc. on its acquisition of Gulf Indonesia Resources ■ Phillips Petroleum Company in its $36 bn merger-of-equals with Conoco Inc. ■ Exxon on its $86 billion merger with Mobil ■ Pioneer on its acquisition of Evergreen ■ Plains Resources on its acquisition of Nuevo ■ Ocean Energy's $1.3 billion merger with Seagull Energy ■ Telecom Italia (SEAT Pagine Gialle) on its unsolicited offer for NetCreations ■ Bethlehem Steel on its successful defense of an unsolicited bid JPMorgan KERZNER INTERNATIONAL 30

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