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iemn.dgrIll bxn~antnall «MK& Piffent. sid ..MC” &ix». t ki °minty op., if. 4, int. miemeils. Vann& P.~16 sail 'Aka Coakitscen& Ile autpviii. Pained Penland( 4(9~4 nick& p:(40(49.17(C21. anli u na.9 4019.44146 ktii994(6 ,44414.4. 4..241.4% suvu1ia111 n.0 Web( ma. bealaci 2.4.4.440a kW, nu«, (Nay, N6. 4
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
iemn.dgrIll bxn~antnall «MK& Piffent. sid ..MC” &ix». t ki °minty op., if. 4, int. miemeils. Vann& P.~16 sail 'Aka Coakitscen& Ile autpviii. Pained Penland( 4(9~4 nick& p:(40(49.17(C21. anli u na.9 4019.44146 ktii994(6 ,44414.4. 4..241.4% suvu1ia111 n.0 Web( ma. bealaci 2.4.4.440a kW, nu«, (Nay, N6. 4
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
iemn.dgrIll bxn~antnall «MK& Piffent. sid ..MC” &ix». t ki °minty op., if. 4, int. miemeils. Vann& P.~16 sail 'Aka Coakitscen& Ile autpviii. Pained Penland( 4(9~4 nick& p:(40(49.17(C21. anli u na.9 4019.44146 ktii994(6 ,44414.4. 4..241.4% suvu1ia111 n.0 Web( ma. bealaci 2.4.4.440a kW, nu«, (Nay, N6. 4
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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