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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
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
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
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
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
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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