-1.2%) • Rheinmetall O1 revs light, EBIT & sales miss, driven by weak defense, maintains FY outlook (trading +0.80%) • GEA O1 revs slight light, EBITA miss due to consolidation, large order announcement yday (trading -1.8%) • Bekaert O1 revs miss driven by emerging market pricing pressures, increa

ent July 30th, slightly lowering guidance (trading -6.5%) PSP H1 net inline, rental income miss, fair value is 11% (trading +0.40%) Ratos Q2 miss, EBITA weak, CEO guides lower for FY 2012 (trading -5.5%) Pennon H1 IMS, overall inline, SW Water strength continues (trading -1.9%) German July producer

ions) New Loan Amount $40 Existing Loan 36 New Money $4.0 Application of New Money: Fund interest and Operating Reserve (2) Held back until EBITA of 3.8 million is attained Balance: Available to Life Hotel; None will be used for loan repayment 1 Remaining cash from existing loan .2 Additi