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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
to the chart below. to Year (Weekly) Interest Rates 9.0% 8.0% 7.o% 6.o% 5.o% 4.o% 3.0% 2.0% 1.0% 0.0% 0 # ....\t",r. ., , ,t§:. 0 # cfe 49cP ce eb re le tie ..Nt.:„., ...\tr. ..0, # ....tx ..t„.. so 4",". .....\,;,,, .s\b\ ...t.,, # 1 55 , 43 le it 1 e s ...0 FINANCIAL MARKETS For the 12
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
to the chart below. to Year (Weekly) Interest Rates 9.0% 8.0% 7.o% 6.o% 5.o% 4.o% 3.0% 2.0% 1.0% 0.0% 0 # ....\t",r. ., , ,t§:. 0 # cfe 49cP ce eb re le tie ..Nt.:„., ...\tr. ..0, # ....tx ..t„.. so 4",". .....\,;,,, .s\b\ ...t.,, # 1 55 , 43 le it 1 e s ...0 FINANCIAL MARKETS For the 12
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
to the chart below. to Year (Weekly) Interest Rates 9.0% 8.0% 7.o% 6.o% 5.o% 4.o% 3.0% 2.0% 1.0% 0.0% 0 # ....\t",r. ., , ,t§:. 0 # cfe 49cP ce eb re le tie ..Nt.:„., ...\tr. ..0, # ....tx ..t„.. so 4",". .....\,;,,, .s\b\ ...t.,, # 1 55 , 43 le it 1 e s ...0 FINANCIAL MARKETS For the 12
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