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15% 13% 11% 13% 11% .(luv vun0a fnisa Ilul. Omni Batlreste. bd. Glided Diu» i Ile Inca. Omni. nfloi 0.9•19 0w1.O (II int. tit lbw BA.. Nanda liwywie. ht.1/4 ....I1ø.ø. Cleumua ai Hannah:et te ',maw aelChnnute d lined Canna." fl it( Euntne ~ca. hasilan Dinnfir and Matta el linerd Carve.
ON EQUITY VALUATION REPORT As of June 20, 2011 HISTORICAL AND IMPLIED EQUITY VOLATILITIES OF THE GUIDELINE COMPANIES Comparable Company Ticker s Yr Historical 2 Yr Historical 3 Yr Historical Implied Volatility Motorola Solutions, Inc. MSI 56.0% 47.2% 60.6% 26.0% Motorola Mobility Holdings. Inc. MM
15% 13% 11% 13% 11% .(luv vun0a fnisa Ilul. Omni Batlreste. bd. Glided Diu» i Ile Inca. Omni. nfloi 0.9•19 0w1.O (II int. tit lbw BA.. Nanda liwywie. ht.1/4 ....I1ø.ø. Cleumua ai Hannah:et te ',maw aelChnnute d lined Canna." fl it( Euntne ~ca. hasilan Dinnfir and Matta el linerd Carve.
ON EQUITY VALUATION REPORT As of June 20, 2011 HISTORICAL AND IMPLIED EQUITY VOLATILITIES OF THE GUIDELINE COMPANIES Comparable Company Ticker s Yr Historical 2 Yr Historical 3 Yr Historical Implied Volatility Motorola Solutions, Inc. MSI 56.0% 47.2% 60.6% 26.0% Motorola Mobility Holdings. Inc. MM
15% 13% 11% 13% 11% .(luv vun0a fnisa Ilul. Omni Batlreste. bd. Glided Diu» i Ile Inca. Omni. nfloi 0.9•19 0w1.O (II int. tit lbw BA.. Nanda liwywie. ht.1/4 ....I1ø.ø. Cleumua ai Hannah:et te ',maw aelChnnute d lined Canna." fl it( Euntne ~ca. hasilan Dinnfir and Matta el linerd Carve.
ON EQUITY VALUATION REPORT As of June 20, 2011 HISTORICAL AND IMPLIED EQUITY VOLATILITIES OF THE GUIDELINE COMPANIES Comparable Company Ticker s Yr Historical 2 Yr Historical 3 Yr Historical Implied Volatility Motorola Solutions, Inc. MSI 56.0% 47.2% 60.6% 26.0% Motorola Mobility Holdings. Inc. MM
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