Credit Suisse Investment Banking Pitch Book

CONFIDENTIAL 35.0x 30.0x 25.0x 20.0x 15.0x 10.0x 5.0x Historical 1-year Forward P/E Multiple 3/31/86 S&P Mean 19.5k Solar Mean: 19.2x CREDIT FIRST SUISSE BOSTON 5/28/89 Note: 1-year forward P/E besed on IBES. (1) As of 3/18/05 mn 7/26/92 السلام 9/23/95 Solar S&P 500 September 11, 2001 11/21/98 Current 1 Year Average 2 Year Average 3 Year Average 5 Year Average 10 Year Average Period Average WA 1/18/02 Solar 16.1x 17.7x 18.4x 19.6x 21.6x 22.2x 19.2x 3/18/05 S&P 185 19.7x 21.6x 23.2x 2 23.0 19.5 29

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