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230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307397 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 20, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of
ICTO 17.1%1 M 510 Vin Lei NASDA12 1 H) 11,4 MA TM a)% ILV fR.eta. ILV 401141111A IV [MT 111 111119 rsiRenaue EMMA ERIC rad Atm% flå Var %Sm. DnJ1.M10 Otc31.21109 Dte31.201.0 06% 1.42s Ibis 113.0% 3r.4 193s 19.49 33Zdti KM NM 63s 1.40 19.91sl 1133%1 421.7%1 150270 15
230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307296 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 20, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of
ICTO 17.1%1 M 510 Vin Lei NASDA12 1 H) 11,4 MA TM a)% ILV fR.eta. ILV 401141111A IV [MT 111 111119 rsiRenaue EMMA ERIC rad Atm% flå Var %Sm. DnJ1.M10 Otc31.21109 Dte31.201.0 06% 1.42s Ibis 113.0% 3r.4 193s 19.49 33Zdti KM NM 63s 1.40 19.91sl 1133%1 421.7%1 150270 15
230 Requirements) CONFIDENTIAL I WTAS LLC EFTA00307195 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 20, 2011 August 3, 2011 Mr. Michael Tamaru Chief Financial Officer AliphCom 99 Rhode Island Street, 3 ni floor San Francisco, CA 94103 Dear Mr. Tamaru: We have completed our analysis of
ICTO 17.1%1 M 510 Vin Lei NASDA12 1 H) 11,4 MA TM a)% ILV fR.eta. ILV 401141111A IV [MT 111 111119 rsiRenaue EMMA ERIC rad Atm% flå Var %Sm. DnJ1.M10 Otc31.21109 Dte31.201.0 06% 1.42s Ibis 113.0% 3r.4 193s 19.49 33Zdti KM NM 63s 1.40 19.91sl 1133%1 421.7%1 150270 15
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