1,741,795 1,900,140 30,258078 Sum of Present Values 538,299 877 2007 Multiples Pass-through premium 15% 55.744.982 % of AUM MVICIRov MVIC,Op Inc Aggregate Marketable Value of Invested Capital 344,044,859 3300,000,000 54,500,000 52,475,000 Less: Outstanding Debt 50 14.7% 9.8 17.8 Agg