industrial Industrial Equip. 13% $1,720bn Software 18% Transportation Equip. 16% Other IPP 5% R&D 17% 22% Intangibles Other Equip 7% Medical Equip. 5% Comm. Equip. 6% EFTA01476372 Computers 5% Other IT 2% 31% of capex = Tech & Telecom Deutsche Bank Securities Inc. Page 11 1950 1