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 10.5 CREDIT FIRST SUISSE BOSTON Solar Mean: 19.2x Turny 5/20/89 Note: 1-year forward P/E besed on IBES (1) As of 1/27/05 7/9/92 8/29/95 Solar www S&P 500 Current 1 Year Average 2 Year Average 3 Year Average 5 Year Average Period Average September 11, 2001 10/18/98 12/7/01 Solar 16.50 17.7x 18 Ex 19.6x 21.8x 19.2x 1/27/05 S&P 18.7x 19.9x 21.8x 23.4x 24.4x 195x 8

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