J.P.Morgan Investment Banking Pitch Book

VALUATION SUMMARY Projection cases $ millions, except per share data Base Case EBITDA % growth EPS % growth Upside Case EBITDA % growth EPS % growth Adjusted Upside Case EBITDA % growth EPS % growth I/B/E/S median¹ EBITDA % growth EPS % growth 1 As of 3/17/06 JPMorgan 2006E $214 $2.78 2006E $214 $2.78 2006E $232 $3.26 2006E $229 $2.80 2007E $254 18.5% $2.79 0.2% 2007E $251 17.3% $2.73 (1.8%) 2007E $267 14.8% $3.13 (3.9%) 2007E $293 27.9% $3.37 20.4% 2008E $305 20.4% $3.52 26.3% 2008E $330 31.4% $4.13 51.0% 2008E $349 30.7% $4.59 46.7% 2008E 2009E $345 13.0% $4.52 28.5% 2009E $381 15.3% $5.47 32.5% 2009E $400 14.8% $5.96 29.7% 2009E 2010E $366 6.0% $5.20 14.9% 2010E $404 6.1% $6.21 13.5% 2010E $424 6.0% $6.71 12.6% 2010E PROJECT PLATO 10

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