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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
f Nanning economy s : . Ni;gh, al Asa.. < • tuna). Meat, .1S.mnituy Cum:meant 'ht.,: nfialaticati< am~ Donut 81.1144 of Ao.lo Onninsionni 1140%. Garatauti< .mtula: Assso <129.919.1 14.0 1410 IVA I ~ 1010 Se ;Jai 111114 3~ 10 ti 0,9994 ~as ~31 ~Ma —Lou Pme. ~in IY.rY'.aEatluy LTAI Ebd Ver
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
f Nanning economy s : . Ni;gh, al Asa.. < • tuna). Meat, .1S.mnituy Cum:meant 'ht.,: nfialaticati< am~ Donut 81.1144 of Ao.lo Onninsionni 1140%. Garatauti< .mtula: Assso <129.919.1 14.0 1410 IVA I ~ 1010 Se ;Jai 111114 3~ 10 ti 0,9994 ~as ~31 ~Ma —Lou Pme. ~in IY.rY'.aEatluy LTAI Ebd Ver
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
f Nanning economy s : . Ni;gh, al Asa.. < • tuna). Meat, .1S.mnituy Cum:meant 'ht.,: nfialaticati< am~ Donut 81.1144 of Ao.lo Onninsionni 1140%. Garatauti< .mtula: Assso <129.919.1 14.0 1410 IVA I ~ 1010 Se ;Jai 111114 3~ 10 ti 0,9994 ~as ~31 ~Ma —Lou Pme. ~in IY.rY'.aEatluy LTAI Ebd Ver
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