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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
< <003003 Mluee4EPS SAMMIEMIIMMI ChI4 11404 09:940:44 Cal fre bwels. '4.4. ErtnIltandas I Whohouni A Amin. a 4iul Etpowlnin Ynge Show lidés Crtimutikeims Equlgineni MILT Pap k (hs. Fard Vin MR. LTM Ftal Ter Est., Drt31.4990 Det.31.2019 Dets34.3010 Y3rll 2411 30)3 57433 5MM 1RC I 59493 51.1474 51-111
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
< <003003 Mluee4EPS SAMMIEMIIMMI ChI4 11404 09:940:44 Cal fre bwels. '4.4. ErtnIltandas I Whohouni A Amin. a 4iul Etpowlnin Ynge Show lidés Crtimutikeims Equlgineni MILT Pap k (hs. Fard Vin MR. LTM Ftal Ter Est., Drt31.4990 Det.31.2019 Dets34.3010 Y3rll 2411 30)3 57433 5MM 1RC I 59493 51.1474 51-111
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
< <003003 Mluee4EPS SAMMIEMIIMMI ChI4 11404 09:940:44 Cal fre bwels. '4.4. ErtnIltandas I Whohouni A Amin. a 4iul Etpowlnin Ynge Show lidés Crtimutikeims Equlgineni MILT Pap k (hs. Fard Vin MR. LTM Ftal Ter Est., Drt31.4990 Det.31.2019 Dets34.3010 Y3rll 2411 30)3 57433 5MM 1RC I 59493 51.1474 51-111
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