EFTA01459760

Deutsche Bank Securities Inc W Figure 55' S&P 500 Annual EPS Outlook by Industry (2 of 2) 20054 2006A 20034 203171 TT • Tite tn., 0, tn-n, .• ...ypnac....., ,... 2009* y.,.... -7,, 20104 2011.4 .2 ,,, .., re% ta .,,c, 20124 20114 20144 y4 2015E en? 416E 14 2015E yN 210E sty harneente 2016 (SI % ol 2016 Astonc• 40.N,1. An 6,44 8 Legota .:Jonas &tong Produce Commensal Sena% S. Sumas Consents.) A frown; Hootsel Cousmeoi inynetren Conglomeestet Machthen Profoseortel Sever Rood & Roe Trento Campanile 8 Casstatone 1400E 4972 12941 954 5933 839 3036 21.062 9.917 910 3,208 0% 16,150 5610 (3681 978 5.115 335 3645 23.59 11.661 910 41305 784 21,103 5811 1.4153 (66 3.291 627 4,046 25.759 12.3$ 1.003 5073 9,2 21,297 4.766 12.9071 104 3.577 7217 4129 21.686 MHO 577 6,045 921 17772 3,499 0.330 24 3.275 11% 2704 14.539 6.5241 109 4,204 499 20,551 3795 2.611 56 3.610 847 3,952 17337 11.00 1393 6.246 720 23132 5,902 1.589 7 3.648 1041 4,10% 19.794 16.870 7599 7,626 1.050 23397 6,045 4.695 III 3.304 1.329 5198 21.671 18.150 1.995 9,255 1,416 26.458 6.054 9.698 475 1039 1.347 5.935 22913 16151 2.090 8.975 1676 29,333 6.370 9.932 599 31)36 14472 6.167 23271 16902 2.374 10.113 1160 , • 6 t, a .9, 00% 0% 0%' O. lb 0% U'S ,t.. ,r,r6 29377 .16% 7A63 164% 17.004 712% OK 149% 4.002 44% 7154 -M9% 5.713 43% 20275.129% 15.127 -707% 2.819 103% 9.004 44% 2.078 60% 33902 8.306 MAIM 70% 11.0% •l9% HP% 60% 47% .22% 141% -60% 84% -20% .04% 39,000 7.500 17,000 700 4600 1,300 5.700 20,560 15.000 2,000 9,740 2600 ' r. In ra. 11:% 164 41% -127% .76% .119% IT^ 99% .47% 16% 30.000 9,000 20,000 750 4,200 1,300 5,500 22,000 132030 2,900 9,900 1.600 14% 679 73% 71% 50% 06% .39% 73% 40% 72% 10% ,) 2% 33,500 8603 16,000 150 4.370 1.236 4.950 22030 12.420 2.970 9.310 1.710 95% 103% 90% 100% 100% 95% X% 100% 90% 100% 95% 95% litt 4244 1.334 5247 23.143 14.132 2906 9.474 2.070 Consommes.% ConOsece 11.433 13476 1160 133% 121133 15712 16.951 14617 21.277 21311 .. 21226 444 21393 21% 21.500 08% 22,100 7.5% 22,100 100% Technology Hotdroto. Stomp* & Peripherals 15,916 26,148 38041 37,398 20025 31,936 41.419 33461 52,121 58993 SA 68,758 113% 29542 1.7% 70.020 :35% 73,000 434 73,000 100% INICIndik Eeposent, Ineetuneree &Cetapes 1,553 2093 3903 1909 2.148 5.051 4,713 1973 3934 4,429 /4% 4266 .33% 4,540 64% 4.203 52% 4,400 48% 443) 100% ateeno1 00twato & Swami 3.528 6.137 7,095 6.438 9.110 11.754 11911 16.026 19.9% 24253 I-, 25,035 36% 32597 118% 25,3:0 421 29,500 166% 29,500 100% IT Xmas 14.156 16926 10.179 21.500 22.831 27527 30.534 31.793 36912 X94 : 10 371356 39% 3$5/73 30% 30,003 31% 40,000 53% 43.010 100% Seaseeslusso & Unless' 14.965 12.790 14,557 9.436 7.989 23305 23,191 19,799 19602 27,319 39% 27,335 27% 33249 33% 27,500 074 21000 18% 332C0) 100% buoys% Softwat• 19,974 21.117 24229 25.379 27.413 33.613 37.949 32701 39.953 37270 IN 37356 08% 40%67 95% 17,50) :2% 40,000 57% 40,070 100% OilinipOila 10,771 11,798 14516 7930 9011 14991 19,093 201% 21.996 23597 23 646 02% 24.139 11% 24100 26% 24,000 -09% 24.00) 100% Corosuchon Malenale 524 707 714 359 102 % 126/ as 128 332 y ... 522 575% WI 532% 500 503% two 206% CO) 100% COril•ntr• a PocIneen0 7063 1,117 1,595 1971 1,493 1.016 1.565 1653 1.958 2.171 : , 'a 2,100 .33% 2.154 28% 3,200 13% 2933 45% 2,300 100% Orate. %how 4.203 6.749 950 6.201 3.176 7.339 9.763 6.001 4.965 3584 4. 1210-044% 1.523 09% LOCO .87 7% 1,500 00% 1.500 100% Popo, & roTO PrOcluCtS 517 631 053 946 312 all 1.3$5 1.158 1.405 1,293 , t 1.512 202% 1.451 43% 1100 742% 1.000 00% 1,0)0 103% 1 CLECOMMUNICATION SEROACt 511473 111 167 339 746 T0.0 71.1 20,4 720 232 714 .--,. 11711.11045 1349 214 234 25.9 26.8 20.0 29.2 295 299 305 332 f ', 230 , , 'a 312 • ' "a Dears 6101.1 12,387 ibrisi is.:21 15.273 14,667 10161 17.817 17,601 16,831 19.0113 - 18952 0" 20274 21% 20.000 10% 20.900 15% 29540 100% GO* 01144 194 213 211 209 222 233 236 290 304 562 .. 351 .Y742% 367 I" 350 -376% 379 77% 375 103% Irchepeodtml Poor PO Rinewel:NDeelmity 706 1.077 1234 1,901 1.931 1.159 1.129 987 577 102 ' '. 965 .70" 972 079 1,00 4% MOO 100% 1.100 100% MukalMhoe 9.085 8422 1229 9.430 9.904 10.401 10,047 10,586 10,770 11569 , 17945 -02% 12.574 62% 12,100 79% 12900 33% 12.500 100% Rove Ccows% repot* MI5 Amato am. miners Nemeth CONFIDENTIAL - PURSUANT TO FED. R. CRIM, P. 6(e) CONFIDENTIAL DB-SDNY-0 120427 SDNY_GM_00266611 EFTA01459760