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rahar elthe L•RtInt Memseastd.Cbudfxsuust <91%, «RUA Retassulstal hou% • •: • ReStssul AtIdud fioul Sleçasers let V...à.1-O1.. Per Clutnna a' de Sarauvy Douci (Meuse Rnsustnua Ctentsmee asulMersha cl - (tannaue Defay ("unau Stramay Bue* »eut. idStnegiy Catane. ae ihtarba. a( Rantiodue Causant Iluroce.
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
rahar elthe L•RtInt Memseastd.Cbudfxsuust <91%, «RUA Retassulstal hou% • •: • ReStssul AtIdud fioul Sleçasers let V...à.1-O1.. Per Clutnna a' de Sarauvy Douci (Meuse Rnsustnua Ctentsmee asulMersha cl - (tannaue Defay ("unau Stramay Bue* »eut. idStnegiy Catane. ae ihtarba. a( Rantiodue Causant Iluroce.
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
rahar elthe L•RtInt Memseastd.Cbudfxsuust <91%, «RUA Retassulstal hou% • •: • ReStssul AtIdud fioul Sleçasers let V...à.1-O1.. Per Clutnna a' de Sarauvy Douci (Meuse Rnsustnua Ctentsmee asulMersha cl - (tannaue Defay ("unau Stramay Bue* »eut. idStnegiy Catane. ae ihtarba. a( Rantiodue Causant Iluroce.
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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