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cl - (tannaue Defay ("unau Stramay Bue* »eut. idStnegiy Catane. ae ihtarba. a( Rantiodue Causant Iluroce.Cdctt Mcroty ofeht Sumencey 1144/4 ma (Tatum iCAt.dt Cdsmutt ItrJ.nIHR1a0a Muslis oltneerneny EtunluulMenlinr Ranteemonufleamtux Miel), Mao& 413tpcnud7119dr4 Steedenline. Rad Mets& 41%p:r
WTAS VALUATION SERVICES GROUP AliphCom Common Equity Valuation as of June 20, 2011 CONFIDENTIAL EFTA00307294 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 2o, 2011 Table of Contents Transmittal Letter Definition of Value Scope of Engagement Conclusion S
cl - (tannaue Defay ("unau Stramay Bue* »eut. idStnegiy Catane. ae ihtarba. a( Rantiodue Causant Iluroce.Cdctt Mcroty ofeht Sumencey 1144/4 ma (Tatum iCAt.dt Cdsmutt ItrJ.nIHR1a0a Muslis oltneerneny EtunluulMenlinr Ranteemonufleamtux Miel), Mao& 413tpcnud7119dr4 Steedenline. Rad Mets& 41%p:r
WTAS VALUATION SERVICES GROUP AliphCom Common Equity Valuation as of June 20, 2011 CONFIDENTIAL EFTA00307193 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 2o, 2011 Table of Contents Transmittal Letter Definition of Value Scope of Engagement Conclusion S
cl - (tannaue Defay ("unau Stramay Bue* »eut. idStnegiy Catane. ae ihtarba. a( Rantiodue Causant Iluroce.Cdctt Mcroty ofeht Sumencey 1144/4 ma (Tatum iCAt.dt Cdsmutt ItrJ.nIHR1a0a Muslis oltneerneny EtunluulMenlinr Ranteemonufleamtux Miel), Mao& 413tpcnud7119dr4 Steedenline. Rad Mets& 41%p:r
WTAS VALUATION SERVICES GROUP AliphCom Common Equity Valuation as of June 20, 2011 CONFIDENTIAL EFTA00307395 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 2o, 2011 Table of Contents Transmittal Letter Definition of Value Scope of Engagement Conclusion S
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