INDUSTRY PREMIA COMPANY LIST REPORT 2012 (DATA THROUGH DECEMBER 2011) SIC CODE 01 AMERICAN ASSET DEVELOPMENT, INC. ALICO, INC. ALEXANDER & BALDWIN, INC. CLEAN DIESEL TECHNOLOGIES, INC. CHINA ORGANIC AGRICLTR CHIQUITA BRANDS INTERNATIONAL CALAVO GROWERS, INC. DOLE FOOD CO INC GHN AGRISPAN HOLDING CO GREEN PLAINS RENEWABLE ENERGY, INC. HARVARD BIOSCIENCE, INC. LIMONEIRA CO NEW DRAGON ASIA CORPORATION ML MACADAMIA ORCHARDS, L.P. ORGANIC ALLIANCE, INC. S&W SEED COMPANY BRAINY BRANDS COMPANY, INC. SIC CODE 017 ALICO, INC. ALEXANDER & BALDWIN, INC. CHIQUITA BRANDS INTERNATIONAL CALAVO GROWERS, INC. DOLE FOOD CO INC LIMONEIRA CO ML MACADAMIA ORCHARDS, L.P. ORGANIC ALLIANCE, INC. SIC CODE 02 FEIHE INTERNATIONAL, INC. ALICO, INC. CAL-MAINE FOODS, INC. INTEGRATED MANAGEMENT INFORMATION, INC. PERRIGO COMPANY RODOBO INTERNATIONAL, INC. SMITHFIELD FOODS, INC. YASHENG GROUP SIC CODE 07 ECOLAND INTERNATIONAL, INC. GLOBAL CLEAN ENERGY HOLDINGS, INC. KAANAPALI LAND LLC SPECTRUM BRANDS HOLDINGS INC TEJON RANCH CORPORATION VCA ANTECH, INC. SIC CODE 10 AMERICAS ENERGY CO AMERICAN EAGLE ENERGY CORP ALLIED NEVADA GOLD CORP AMERICAN RARE EARTHS & MATERIALS CORP GOLDEN MINERALS CO AVRO ENERGY, INC. BEESTON ENTERPRISES LTD. BULLION MONARCH MINING, INC. COEUR D'ALENE MINES CORPORATION CHINA CHANGJIANG MINING & NEW ENERGY CO CLIFFS NATURAL RESOURCES INC. DIGITAL DEVELOPMENT PARTNERS INC DOLAT VENTURES, INC. ENERTOPIA CORP SPECTRAL CAPITAL CORP FREEPORT-MCMORAN COPPER & GOLD B GLOBAL GOLD CORP (CT) GOLDLAND HOLDINGS CO GOLD RESOURCE CORP GOLDEN PHOENIX MINERALS, INC. GOLDRICH MINING COMPANY GLOBE SPECIALTY METALS, INC. HORIYOSHI WORLDWIDE, INC. HOMELAND RESOURCES LTD LAYNE CHRISTENSEN COMPANY LIBERTY ENERGY CORP. CHILE MINING TECHNOLOGIES, INC. 1 Stocks, Bonds, Bills, and Inflation MAYFAIR MINING & MINERALS, INC. MINES MANAGEMENT, INC. MESA ENERGY HOLDINGS, INC. PAN AMERICAN GOLDFIELDS LTD. MEXUS GOLD US NEWMONT MINING CORPORATION NEW JERSEY MINING COMPANY NORD RESOURCES CORPORATION NITRO PETROLEUM, INC. OPTEX SYSTEMS HOLDINGS, INC. OROFINO GOLD CORP ORIGINAL SIXTEEN TO ONE MINE, INC. PACIFIC GOLD CORPORATION PROSPECT GLOBAL RESOURCES, INC. PMX COMMUNITIES, INC. PARAMOUNT GOLD AND SILVER CORPORATION ROYAL MINES & MINERALS SAGEBRUSH GOLD LTD SOUTHERN COPPER CORPORATION SANTA FE GOLD CORPORATION SILVER FALCON MINING, INC. SHOSHONE SILVER MINING SHELRON GROUP STILLWATER MINING COMPANY TARA MINERALS CORPORATION TEAM NATION HOLDING CORPORATION TARA GOLD RESOURCES CORP USEC INC. VHGI HOLDINGS, INC. VANGUARD MINERALS CORP WE SAVE HOMES, INC. SOLITARIO EXPLORATION & ROYALTY CORP ZURVITA HOLDINGS, INC. SIC CODE 104 AMERICAN EAGLE ENERGY CORP ALLIED NEVADA GOLD CORP COEUR D'ALENE MINES CORPORATION GLOBAL GOLD CORP (CT) GOLDLAND HOLDINGS CO GOLD RESOURCE CORP GOLDEN PHOENIX MINERALS, INC. LAYNE CHRISTENSEN COMPANY MINES MANAGEMENT, INC. PAN AMERICAN GOLDFIELDS LTD. MEXUS GOLD US NEWMONT MINING CORPORATION OROFINO GOLD CORP ORIGINAL SIXTEEN TO ONE MINE, INC. PACIFIC GOLD CORPORATION PMX COMMUNITIES, INC. SAGEBRUSH GOLD LTD SILVER FALCON MINING, INC. SHOSHONE SILVER MINING SHELRON GROUP VHGI HOLDINGS, INC. WE SAVE HOMES, INC. SOLITARIO EXPLORATION & ROYALTY CORP SIC CODE 1041 AMERICAN EAGLE ENERGY CORP ALLIED NEVADA GOLD CORP COEUR D'ALENE MINES CORPORATION GLOBAL GOLD CORP (CT) GOLDLAND HOLDINGS CO GOLD RESOURCE CORP GOLDEN PHOENIX MINERALS, INC. LAYNE CHRISTENSEN COMPANY PAN AMERICAN GOLDFIELDS LTD. MEXUS GOLD US NEWMONT MINING CORPORATION OROFINO GOLD CORP ORIGINAL SIXTEEN TO ONE MINE, INC. PACIFIC GOLD CORPORATION PMX COMMUNITIES, INC. SAGEBRUSH GOLD LTD SILVER FALCON MINING, INC. SHELRON GROUP VHGI HOLDINGS, INC. WE SAVE HOMES, INC. SOLITARIO EXPLORATION & ROYALTY CORP SIC CODE 108 AMERICAS ENERGY CO GOLDEN MINERALS CO BEESTON ENTERPRISES LTD. DOLAT VENTURES, INC. HOMELAND RESOURCES LTD MESA ENERGY HOLDINGS, INC. SANTA FE GOLD CORPORATION STILLWATER MINING COMPANY TARA MINERALS CORPORATION TARA GOLD RESOURCES CORP SIC CODE 1081 AMERICAS ENERGY CO GOLDEN MINERALS CO BEESTON ENTERPRISES LTD. DOLAT VENTURES, INC. HOMELAND RESOURCES LTD MESA ENERGY HOLDINGS, INC. SANTA FE GOLD CORPORATION STILLWATER MINING COMPANY TARA MINERALS CORPORATION TARA GOLD RESOURCES CORP SIC CODE 109 AMERICAN RARE EARTHS & MATERIALS CORP AVRO ENERGY, INC. BULLION MONARCH MINING, INC. CHINA CHANGJIANG MINING & NEW ENERGY CO DIGITAL DEVELOPMENT PARTNERS INC ENERTOPIA CORP SPECTRAL CAPITAL CORP FREEPORT-MCMORAN COPPER & GOLD B GOLDRICH MINING COMPANY GLOBE SPECIALTY METALS, INC. HORIYOSHI WORLDWIDE, INC. LIBERTY ENERGY CORP. MAYFAIR MINING & MINERALS, INC. NEW JERSEY MINING COMPANY NITRO PETROLEUM, INC. OPTEX SYSTEMS HOLDINGS, INC. PROSPECT GLOBAL RESOURCES, INC. PARAMOUNT GOLD AND SILVER CORPORATION ROYAL MINES & MINERALS TEAM NATION HOLDING CORPORATION USEC INC. VANGUARD MINERALS CORP ZURVITA HOLDINGS, INC. SIC CODE 1099 AMERICAN RARE EARTHS & MATERIALS CORP AVRO ENERGY, INC. BULLION MONARCH MINING, INC. CHINA CHANGJIANG MINING & NEW ENERGY CO DIGITAL DEVELOPMENT PARTNERS INC ENERTOPIA CORP SPECTRAL CAPITAL CORP FREEPORT-MCMORAN COPPER & GOLD B GOLDRICH MINING COMPANY GLOBE SPECIALTY METALS, INC. HORIYOSHI WORLDWIDE, INC. LIBERTY ENERGY CORP. MAYFAIR MINING & MINERALS, INC. NEW JERSEY MINING COMPANY NITRO PETROLEUM, INC. OPTEX SYSTEMS HOLDINGS, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report PROSPECT GLOBAL RESOURCES, INC. PARAMOUNT GOLD AND SILVER CORPORATION ROYAL MINES & MINERALS TEAM NATION HOLDING CORPORATION VANGUARD MINERALS CORP ZURVITA HOLDINGS, INC. SIC CODE 12 ARCH COAL INC ALLIANCE HOLDINGS GP, L.P. ALLETE, INC. ALPHA NATURAL RESOURCES INC ALLIANCE RESOURCE PARTNERS LP AMERICA WEST RESOURCES, INC. BLACK HILLS CORPORATION PEABODY ENERGY CORPORATION CHINA ENERGY CORP CLOUD PEAK ENERGY INC CLIFFS NATURAL RESOURCES INC. CONSOL ENERGY INC EVERGREEN ENERGY, INC. FUTUREFUEL CORP HALLADOR ENERGY CO JAMES RIVER COAL COMPANY LEVEL 3 COMMUNICATIONS INC NATURAL RESOURCES PARTNERS L.P. OXFORD RESOURCE PARTNERS, LP PATRIOT COAL CORPORATION PENN VIRGINIA RESOURCE PARTNERS LP SINOCOKING COAL AND COKE CHEMICALS, INC. U S CHINA MINING GROUP, INC. TECO ENERGY INC WESTMORELAND COAL CO WALTER ENERGY INC EXXON MOBIL CORPORATION SIC CODE 122 ARCH COAL INC ALLIANCE HOLDINGS GP, L.P. ALLIANCE RESOURCE PARTNERS LP BLACK HILLS CORPORATION PEABODY ENERGY CORPORATION CLOUD PEAK ENERGY INC CONSOL ENERGY INC EVERGREEN ENERGY, INC. FUTUREFUEL CORP JAMES RIVER COAL COMPANY LEVEL 3 COMMUNICATIONS INC NATURAL RESOURCES PARTNERS L.P. OXFORD RESOURCE PARTNERS, LP PATRIOT COAL CORPORATION PENN VIRGINIA RESOURCE PARTNERS LP TECO ENERGY INC WESTMORELAND COAL CO EXXON MOBIL CORPORATION SIC CODE 1221 ARCH COAL INC ALLIANCE HOLDINGS GP, L.P. ALLIANCE RESOURCE PARTNERS LP BLACK HILLS CORPORATION PEABODY ENERGY CORPORATION CLOUD PEAK ENERGY INC CONSOL ENERGY INC EVERGREEN ENERGY, INC. FUTUREFUEL CORP JAMES RIVER COAL COMPANY LEVEL 3 COMMUNICATIONS INC NATURAL RESOURCES PARTNERS L.P. OXFORD RESOURCE PARTNERS, LP PATRIOT COAL CORPORATION PENN VIRGINIA RESOURCE PARTNERS LP TECO ENERGY INC WESTMORELAND COAL CO EXXON MOBIL CORPORATION SIC CODE 124 ALLETE, INC. ALPHA NATURAL RESOURCES INC AMERICA WEST RESOURCES, INC. CHINA ENERGY CORP HALLADOR ENERGY CO 2 Stocks, Bonds, Bills, and Inflation WALTER ENERGY INC SIC CODE 1241 ALLETE, INC. ALPHA NATURAL RESOURCES INC AMERICA WEST RESOURCES, INC. CHINA ENERGY CORP HALLADOR ENERGY CO WALTER ENERGY INC SIC CODE 13 AMERICAN ENERGY PRODUCTION, INC. ARKANOVA ENERGY CORP ALAMO ENERGY CORP. ALLIED RESOURCES, INC. ALTEX INDUSTRIES, INC. AVALON OIL AND GAS, INC. APACHE CORPORATION ANADARKO PETROLEUM CORP ARETE INDUSTRIES, INC. APPROACH RESOURCES, INC. AMERICAN STANDARD ENERGY CORP ATLAS ENERGY LP ATP OIL & GAS CORP ATWOOD OCEANICS, INC. ABRAXAS PETROLEUM CORPORATION BASIC ENERGY SERVICES, INC. BREITBURN ENERGY PARTNERS LP BILL BARRETT CORPORATION BLUE DOLPHIN ENERGY COMPANY BLAST ENERGY SERVICES, INC. BONANZA OIL & GAS, INC. BRINX RESOURCES LTD. BIOSTEM US CORP BPZ RESOURCES, INC. BEARD COMPANY BARNWELL INDUSTRIES BERRY PETROLEUM CO BLACKSANDS PETROLEUM, INC. BAYOU CITY EXPLORATION, INC. CAMAC ENERGY, INC. CANO PETROLEUM, INC. CHINA INTEGRATED ENERGY, INC. CHESAPEAKE ENERGY CORP CHESAPEAKE GRANITE WASH TRUST C&J ENERGY SERVICES INC CKX LANDS, INC. CLEAN HARBORS, INC. CONTINENTAL RESOURCES INC CHINA NEW ENERGY GROUP COMPANY CONSOLIDATION SERVICES CONSOL ENERGY INC CABOT OIL & GAS CORPORATION A CHEETAH OIL & GAS, LTD. CALLON PETROLEUM CO CAPITAL FINANCIAL HOLDINGS, INC. COPANO ENERGY LLC COMPLETE PRODUCTION SERVICES, INC. CONQUEST PETROLEUM, INC. CREDO PETROLEUM CORPORATION COMSTOCK RESOURCES, INC. CARRIZO OIL & GAS, INC. CASPIAN SERVICES, INC. CLAYTON WILLIAMS ENERGY INC. CONCHO RESOURCES, INC. CRIMSON EXPLORATION, INC. DOUBLE EAGLE PETROLEUM COMPANY DAYBREAK OIL & GAS, INC. DELEK US HOLDINGS, INC. DALECO RESOURCES CORPORATION DELTA OIL & GAS, INC. DORCHESTER MINERALS L.P. DENBURY RESOURCES INC DIAMOND OFFSHORE DRILLING, INC. DCP MIDSTREAM PARTNERS LP DELTRON, INC. DUNE ENERGY INC DEVON ENERGY CORP CAL DIVE INTERNATIONAL, INC. DAWSON GEOPHYSICAL COMPANY EAGLE FORD OIL & GAS CORP ECA MARCELLUS TRUST I EDEN ENERGY CORPORATION ENDEVCO, INC. EXTERRA ENERGY, INC. EGPI FIRECREEK INC. ENERLABS INC VAALCO ENERGY, INC. ENERGY HOLDINGS INTERNATIONAL, INC. ENDEAVOUR INTERNATIONAL CORP ENERGY & TECHNOLOGY CORPORATION ENERJEX RESOURCES, INC. EOG RESOURCES EL PASO CORPORATION ENERGY PARTNERS, LTD. EVOLUTION PETROLEUM CORPORATION EQT CORP EAGLE ROCK ENERGY PARTNERS LP ESP RESOURCES, INC. EARTHSTONE ENERGY, INC. EMTEC, INC. EV ENERGY PARTNER LP EXTERRAN HOLDINGS, INC. EXTERRAN PARTNERS, L.P. FRIENDLY ENERGY EXPLORATIONS FERRELLGAS PARTNERS LP FIELDPOINT PETROLEUM CORPORATION FREESTONE RESOURCES, INC. FOREST OIL CORP ESTATE COFFEE HOLDINGS CORP FX ENERGY, INC. NEW CONCEPT ENERGY, INC. GOODRICH PETROLEUM CORP GEORESOURCES, INC. GEOGLOBAL RESOURCES, INC. GLOBAL GEOPHYSICAL SERVICES, INC. GULF ISLAND FABRICATION, INC. GLEN ROSE PETROLEUM CORP GEOMET INC GMX RESOURCES INC GENIE ENERGY LTD GEO POINT TECHNOLOGIES, INC. GEOKINETICS, INC. GULFPORT ENERGY CORPORATION GEOPETRO RESOURCES COMPANY COMPRESSCO PARTNERS LP GASCO ENERGY, INC. GRAN TIERRA ENERGY, INC. HALLIBURTON COMPANY HERCULES OFFSHORE, INC. HKN, INC. HELIX ENERGY SOLUTIONS GROUP INC DELTA SEABOARD INTERNATIONAL, INC. HARVEST NATURAL RESOURCES, INC. HELMERICH & PAYNE, INC. HEARTLAND, INC. HOUSTON AMERICAN ENERGY CORPORATION IAS ENERGY, INC. A INDIGO-ENERGY, INC. ION GEOPHYSICAL CORPORATION IMPERIAL PETROLEUM, INC. IMPERIAL RESOURCES, INC. ISRAMCO INC. JANUS RESOURCES, INC. JOHN D OIL AND GAS COMPANY JACOBS FINANCIAL GROUP, INC. JMG EXPLORATION, INC. JAYHAWK ENERGY, INC. KEY ENERGY SERVICES, INC. KEYUAN PETROCHEMICALS, INC. QUICKSILVER RESOURCES, INC. LOEWS CORPORATION LAYNE CHRISTENSEN COMPANY LA CORTEZ ENERGY, INC. LUCAS ENERGY, INC. LEGACY RESERVES, LP LINN ENERGY LLC CHENIERE ENERGY INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report LEGEND OIL & GAS LTD. LAREDO PETROLEUM HOLDINGS INC LONE PINE RESOURCES INC LRR ENERGY LP LEXARIA CORP MASS PETROLEUM INC. MID-CON ENERGY PARTNERS LP CONTANGO OIL & GAS COMPANY MDU RESOURCES GROUP INC MEMORIAL PRODUCTION PARTNERS LP MAGNUM HUNTER RESOURCES CORPORTION MILLER ENERGY RESOURCES INC MAJESTIC OIL & GAS, INC. MCMORAN EXPLORATION CO. MAGELLAN PETROLEUM CORPORATION MV OIL TRUST MARKWEST ENERGY PARTNERS LP MEXCO ENERGY CORPORATION NORTH AMERICAN ENERGY RESOURCES, INC. NOBLE ENERGY INC ENDURO ROYALTY TRUST CHINA NORTH EAST PETROLEUM HOLDINGS, LTD. NEW FRONTIER ENERGY, INC. NEWFIELD EXPLORATION COMPANY NGL ENERGY PARTNERS LP TARGA RESOURCES PARTNERS LP NATURAL GAS SERVICES GROUP, INC. NORTHERN OIL & GAS, INC. NATIONAL OILWELL VARCO, INC. NOVA NATURAL RESOURCES CORPORATION NYTEX ENERGY HOLDINGS, INC. OAKRIDGE ENERGY, INC. OASIS PETROLEUM INC OSAGE EXPLORATION & DEVELOPMENT, INC. OCEANEERING INTERNATIONAL OILTANKING PARTNERS LP OIL STATES INTERNATIONAL, INC. OCCIDENTAL PETROLEUM CORPORATION PIONEER DRILLING COMPANY PYRAMID OIL COMPANY SANDRIDGE PERMIAN TRUST PETROLEUM DEVELOPMENT CORPORATION PEGASI ENERGY RESOURCES CORPORATION PANHANDLE OIL AND GAS INC. A PARKER DRILLING COMPANY PROMAP CORP PREMIER ENERGY CORP PRIMEENERGY CORP. PRECISION PETROLEUM CORP PETROQUEST ENERGY, INC. PIONEER SOUTHWEST ENERGY PARTNERS LP POSTROCK ENERGY CORP PETROCORP INCORPORATED PATTERSON-UTI ENERGY, INC. PENN VIRGINIA CORPORATION PENN VIRGINIA RESOURCE PARTNERS LP PIONEER NATURAL RESOURCES COMPANY PLAINS EXPLORATION & PRODUCTION COMPANY PAXTON ENERGY, INC. CUBIC ENERGY, INC. QEP RESOURCES INC QR ENERGY LP RAM ENERGY RESOURCES, INC. ROWAN COMPANIES, INC. RECOVERY ENERGY, INC. RESOLUTE ENERGY CORP RPC, INC. REX ENERGY CORPORATION REGENCY ENERGY PARTNERS LP RING ENERGY, INC. ROSETTA RESOURCES, INC. ROYALE ENERGY, INC. RANGE RESOURCES CORPORATION RESERVE PETROLEUM COMPANY SARATOGA RESOURCES, INC. SANDRIDGE ENERGY INC SEMGROUP CORP SPECTRA ENERGY PARTNERS, LP 3 Stocks, Bonds, Bills, and Inflation SWIFT ENERGY COMPANY SINO GAS INTERNATIONAL HOLDINGS INC STRATEGIC AMERICAN OIL CORP. STONE ENERGY CORPORATION SUPERIOR OIL & GAS COMPANY SKY PETROLEUM, INC. SM ENERGY CO SANCHEZ ENERGY CORP SUN RIVER ENERGY, INC. SAVOY ENERGY CORP SUPERIOR ENERGY SERVICES INC SPINDLETOP OIL & GAS COMPANY QUESTAR CORP STRATUM HOLDINGS, INC. SUNBELT INTERNATIONAL CORP SUSSER HOLDINGS CORPORATION SOUTHWESTERN ENERGY COMPANY SYNTROLEUM CORPORATION SYNERGY RESOURCES CORPORATION TBX RESOURCES, INC. TREATY ENERGY CORP. TERRA ENERGY & RES TECH TRANS ENERGY, INC. TENGASCO, INC. TGC INDUSTRIES, INC. TRI-VALLEY CORPORATION TRIANGLE PETROLEUM CORP TOREADOR RESOURCES CORPORATION TETRA TECHNOLOGIES, INC. TEXAS VANGUARD OIL COMPANY TX HOLDINGS, INC. UNION DRILLING, INC. US NATURAL GAS CORP UNITED ENERGY CORPORATION UNIT CORPORATION U.S. ENERGY CORP. UNITED STATES LIME & MINERALS, INC. VANGUARD NATURAL RESOURCES, LLC VOC ENERGY TRUST VOYAGER OIL & GAS, INC. VENOCO, INC. VERTEX ENERGY, INC. VICTORY ENERGY CORPORATION WILLBROS GROUP, INC. WHITING USA TRUST I WHITING PETROLEUM CORPORATION WENTWORTH ENERGY CORP WPX ENERGY INC A WARREN RESOURCES, INC. W&T OFFSHORE INC EXCO RESOURCES, INC. CIMAREX ENERGY COMPANY EXXON MOBIL CORPORATION CROSSTEX ENERGY LP XTREME OIL & GAS, INC. CROSSTEX ENERGY, INC. SIC CODE 131 AMERICAN ENERGY PRODUCTION, INC. ALTEX INDUSTRIES, INC. AVALON OIL AND GAS, INC. APACHE CORPORATION ANADARKO PETROLEUM CORP ARETE INDUSTRIES, INC. APPROACH RESOURCES, INC. AMERICAN STANDARD ENERGY CORP ATLAS ENERGY LP ATP OIL & GAS CORP ABRAXAS PETROLEUM CORPORATION BREITBURN ENERGY PARTNERS LP BILL BARRETT CORPORATION BLUE DOLPHIN ENERGY COMPANY BONANZA OIL & GAS, INC. BRINX RESOURCES LTD. BIOSTEM US CORP BPZ RESOURCES, INC. BARNWELL INDUSTRIES BERRY PETROLEUM CO BLACKSANDS PETROLEUM, INC. BAYOU CITY EXPLORATION, INC. CANO PETROLEUM, INC. CHESAPEAKE ENERGY CORP CHESAPEAKE GRANITE WASH TRUST CKX LANDS, INC. CONTINENTAL RESOURCES INC CHINA NEW ENERGY GROUP COMPANY CONSOLIDATION SERVICES CONSOL ENERGY INC CABOT OIL & GAS CORPORATION A CHEETAH OIL & GAS, LTD. CALLON PETROLEUM CO COPANO ENERGY LLC CREDO PETROLEUM CORPORATION COMSTOCK RESOURCES, INC. CARRIZO OIL & GAS, INC. CASPIAN SERVICES, INC. CLAYTON WILLIAMS ENERGY INC. CONCHO RESOURCES, INC. CRIMSON EXPLORATION, INC. DOUBLE EAGLE PETROLEUM COMPANY DAYBREAK OIL & GAS, INC. DALECO RESOURCES CORPORATION DORCHESTER MINERALS L.P. DENBURY RESOURCES INC DCP MIDSTREAM PARTNERS LP DEVON ENERGY CORP EAGLE FORD OIL & GAS CORP ECA MARCELLUS TRUST I ENDEVCO, INC. EXTERRA ENERGY, INC. VAALCO ENERGY, INC. ENDEAVOUR INTERNATIONAL CORP ENERJEX RESOURCES, INC. EOG RESOURCES ENERGY PARTNERS, LTD. EVOLUTION PETROLEUM CORPORATION EAGLE ROCK ENERGY PARTNERS LP ESP RESOURCES, INC. EARTHSTONE ENERGY, INC. EV ENERGY PARTNER LP FRIENDLY ENERGY EXPLORATIONS FIELDPOINT PETROLEUM CORPORATION FREESTONE RESOURCES, INC. FOREST OIL CORP FX ENERGY, INC. GOODRICH PETROLEUM CORP GEORESOURCES, INC. GEOGLOBAL RESOURCES, INC. GLEN ROSE PETROLEUM CORP GEOMET INC GMX RESOURCES INC GENIE ENERGY LTD GEOKINETICS, INC. GULFPORT ENERGY CORPORATION GASCO ENERGY, INC. GRAN TIERRA ENERGY, INC. HKN, INC. HARVEST NATURAL RESOURCES, INC. HOUSTON AMERICAN ENERGY CORPORATION IAS ENERGY, INC. A INDIGO-ENERGY, INC. IMPERIAL PETROLEUM, INC. IMPERIAL RESOURCES, INC. ISRAMCO INC. JANUS RESOURCES, INC. JMG EXPLORATION, INC. JAYHAWK ENERGY, INC. KEYUAN PETROCHEMICALS, INC. QUICKSILVER RESOURCES, INC. LOEWS CORPORATION LAYNE CHRISTENSEN COMPANY LA CORTEZ ENERGY, INC. LUCAS ENERGY, INC. LEGACY RESERVES, LP LINN ENERGY LLC CHENIERE ENERGY INC LEGEND OIL & GAS LTD. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report LAREDO PETROLEUM HOLDINGS INC LONE PINE RESOURCES INC LRR ENERGY LP MID-CON ENERGY PARTNERS LP CONTANGO OIL & GAS COMPANY MDU RESOURCES GROUP INC MEMORIAL PRODUCTION PARTNERS LP MAGNUM HUNTER RESOURCES CORPORTION MILLER ENERGY RESOURCES INC MCMORAN EXPLORATION CO. MAGELLAN PETROLEUM CORPORATION MV OIL TRUST MARKWEST ENERGY PARTNERS LP MEXCO ENERGY CORPORATION NORTH AMERICAN ENERGY RESOURCES, INC. NOBLE ENERGY INC ENDURO ROYALTY TRUST CHINA NORTH EAST PETROLEUM HOLDINGS, LTD. NEWFIELD EXPLORATION COMPANY NORTHERN OIL & GAS, INC. NOVA NATURAL RESOURCES CORPORATION OAKRIDGE ENERGY, INC. OASIS PETROLEUM INC OSAGE EXPLORATION & DEVELOPMENT, INC. OCCIDENTAL PETROLEUM CORPORATION PYRAMID OIL COMPANY SANDRIDGE PERMIAN TRUST PETROLEUM DEVELOPMENT CORPORATION PEGASI ENERGY RESOURCES CORPORATION PANHANDLE OIL AND GAS INC. A PREMIER ENERGY CORP PRIMEENERGY CORP. PRECISION PETROLEUM CORP PETROQUEST ENERGY, INC. PIONEER SOUTHWEST ENERGY PARTNERS LP POSTROCK ENERGY CORP PETROCORP INCORPORATED PENN VIRGINIA CORPORATION PENN VIRGINIA RESOURCE PARTNERS LP PIONEER NATURAL RESOURCES COMPANY PLAINS EXPLORATION & PRODUCTION COMPANY PAXTON ENERGY, INC. CUBIC ENERGY, INC. QEP RESOURCES INC QR ENERGY LP RAM ENERGY RESOURCES, INC. RECOVERY ENERGY, INC. RESOLUTE ENERGY CORP REX ENERGY CORPORATION REGENCY ENERGY PARTNERS LP RING ENERGY, INC. ROSETTA RESOURCES, INC. ROYALE ENERGY, INC. RANGE RESOURCES CORPORATION RESERVE PETROLEUM COMPANY SANDRIDGE ENERGY INC SWIFT ENERGY COMPANY STRATEGIC AMERICAN OIL CORP. STONE ENERGY CORPORATION SKY PETROLEUM, INC. SM ENERGY CO SANCHEZ ENERGY CORP SUN RIVER ENERGY, INC. SAVOY ENERGY CORP SPINDLETOP OIL & GAS COMPANY QUESTAR CORP STRATUM HOLDINGS, INC. SOUTHWESTERN ENERGY COMPANY SYNTROLEUM CORPORATION TBX RESOURCES, INC. TREATY ENERGY CORP. TRANS ENERGY, INC. TENGASCO, INC. TRI-VALLEY CORPORATION TRIANGLE PETROLEUM CORP TOREADOR RESOURCES CORPORATION TETRA TECHNOLOGIES, INC. TEXAS VANGUARD OIL COMPANY 4 Stocks, Bonds, Bills, and Inflation TX HOLDINGS, INC. US NATURAL GAS CORP UNIT CORPORATION VANGUARD NATURAL RESOURCES, LLC VOC ENERGY TRUST VOYAGER OIL & GAS, INC. VENOCO, INC. VERTEX ENERGY, INC. VICTORY ENERGY CORPORATION WHITING USA TRUST I WHITING PETROLEUM CORPORATION WENTWORTH ENERGY CORP WPX ENERGY INC A WARREN RESOURCES, INC. W&T OFFSHORE INC EXCO RESOURCES, INC. CIMAREX ENERGY COMPANY CROSSTEX ENERGY LP XTREME OIL & GAS, INC. CROSSTEX ENERGY, INC. SIC CODE 1311 AMERICAN ENERGY PRODUCTION, INC. ALTEX INDUSTRIES, INC. AVALON OIL AND GAS, INC. APACHE CORPORATION ANADARKO PETROLEUM CORP ARETE INDUSTRIES, INC. APPROACH RESOURCES, INC. AMERICAN STANDARD ENERGY CORP ATLAS ENERGY LP ATP OIL & GAS CORP ABRAXAS PETROLEUM CORPORATION BREITBURN ENERGY PARTNERS LP BILL BARRETT CORPORATION BLUE DOLPHIN ENERGY COMPANY BONANZA OIL & GAS, INC. BRINX RESOURCES LTD. BIOSTEM US CORP BPZ RESOURCES, INC. BARNWELL INDUSTRIES BERRY PETROLEUM CO BLACKSANDS PETROLEUM, INC. BAYOU CITY EXPLORATION, INC. CANO PETROLEUM, INC. CHESAPEAKE ENERGY CORP CHESAPEAKE GRANITE WASH TRUST CKX LANDS, INC. CONTINENTAL RESOURCES INC CHINA NEW ENERGY GROUP COMPANY CONSOLIDATION SERVICES CONSOL ENERGY INC CABOT OIL & GAS CORPORATION A CHEETAH OIL & GAS, LTD. CALLON PETROLEUM CO COPANO ENERGY LLC CREDO PETROLEUM CORPORATION COMSTOCK RESOURCES, INC. CARRIZO OIL & GAS, INC. CASPIAN SERVICES, INC. CLAYTON WILLIAMS ENERGY INC. CONCHO RESOURCES, INC. CRIMSON EXPLORATION, INC. DOUBLE EAGLE PETROLEUM COMPANY DAYBREAK OIL & GAS, INC. DALECO RESOURCES CORPORATION DORCHESTER MINERALS L.P. DENBURY RESOURCES INC DCP MIDSTREAM PARTNERS LP DEVON ENERGY CORP EAGLE FORD OIL & GAS CORP ECA MARCELLUS TRUST I ENDEVCO, INC. EXTERRA ENERGY, INC. VAALCO ENERGY, INC. ENDEAVOUR INTERNATIONAL CORP ENERJEX RESOURCES, INC. EOG RESOURCES ENERGY PARTNERS, LTD. EVOLUTION PETROLEUM CORPORATION EAGLE ROCK ENERGY PARTNERS LP ESP RESOURCES, INC. EARTHSTONE ENERGY, INC. EV ENERGY PARTNER LP FRIENDLY ENERGY EXPLORATIONS FIELDPOINT PETROLEUM CORPORATION FREESTONE RESOURCES, INC. FOREST OIL CORP FX ENERGY, INC. GOODRICH PETROLEUM CORP GEORESOURCES, INC. GEOGLOBAL RESOURCES, INC. GLEN ROSE PETROLEUM CORP GEOMET INC GMX RESOURCES INC GENIE ENERGY LTD GEOKINETICS, INC. GULFPORT ENERGY CORPORATION GASCO ENERGY, INC. GRAN TIERRA ENERGY, INC. HKN, INC. HARVEST NATURAL RESOURCES, INC. HOUSTON AMERICAN ENERGY CORPORATION IAS ENERGY, INC. A INDIGO-ENERGY, INC. IMPERIAL PETROLEUM, INC. IMPERIAL RESOURCES, INC. ISRAMCO INC. JANUS RESOURCES, INC. JMG EXPLORATION, INC. JAYHAWK ENERGY, INC. KEYUAN PETROCHEMICALS, INC. QUICKSILVER RESOURCES, INC. LOEWS CORPORATION LAYNE CHRISTENSEN COMPANY LA CORTEZ ENERGY, INC. LUCAS ENERGY, INC. LEGACY RESERVES, LP LINN ENERGY LLC CHENIERE ENERGY INC LEGEND OIL & GAS LTD. LAREDO PETROLEUM HOLDINGS INC LONE PINE RESOURCES INC LRR ENERGY LP MID-CON ENERGY PARTNERS LP CONTANGO OIL & GAS COMPANY MDU RESOURCES GROUP INC MEMORIAL PRODUCTION PARTNERS LP MAGNUM HUNTER RESOURCES CORPORTION MILLER ENERGY RESOURCES INC MCMORAN EXPLORATION CO. MAGELLAN PETROLEUM CORPORATION MV OIL TRUST MARKWEST ENERGY PARTNERS LP MEXCO ENERGY CORPORATION NORTH AMERICAN ENERGY RESOURCES, INC. NOBLE ENERGY INC ENDURO ROYALTY TRUST CHINA NORTH EAST PETROLEUM HOLDINGS, LTD. NEWFIELD EXPLORATION COMPANY NORTHERN OIL & GAS, INC. NOVA NATURAL RESOURCES CORPORATION OAKRIDGE ENERGY, INC. OASIS PETROLEUM INC OSAGE EXPLORATION & DEVELOPMENT, INC. OCCIDENTAL PETROLEUM CORPORATION PYRAMID OIL COMPANY SANDRIDGE PERMIAN TRUST PETROLEUM DEVELOPMENT CORPORATION PEGASI ENERGY RESOURCES CORPORATION PANHANDLE OIL AND GAS INC. A PREMIER ENERGY CORP PRIMEENERGY CORP. PRECISION PETROLEUM CORP PETROQUEST ENERGY, INC. PIONEER SOUTHWEST ENERGY PARTNERS LP POSTROCK ENERGY CORP ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report PETROCORP INCORPORATED PENN VIRGINIA CORPORATION PENN VIRGINIA RESOURCE PARTNERS LP PIONEER NATURAL RESOURCES COMPANY PLAINS EXPLORATION & PRODUCTION COMPANY PAXTON ENERGY, INC. CUBIC ENERGY, INC. QEP RESOURCES INC QR ENERGY LP RAM ENERGY RESOURCES, INC. RECOVERY ENERGY, INC. RESOLUTE ENERGY CORP REX ENERGY CORPORATION REGENCY ENERGY PARTNERS LP RING ENERGY, INC. ROSETTA RESOURCES, INC. ROYALE ENERGY, INC. RANGE RESOURCES CORPORATION RESERVE PETROLEUM COMPANY SANDRIDGE ENERGY INC SWIFT ENERGY COMPANY STRATEGIC AMERICAN OIL CORP. STONE ENERGY CORPORATION SKY PETROLEUM, INC. SM ENERGY CO SANCHEZ ENERGY CORP SUN RIVER ENERGY, INC. SAVOY ENERGY CORP SPINDLETOP OIL & GAS COMPANY QUESTAR CORP STRATUM HOLDINGS, INC. SOUTHWESTERN ENERGY COMPANY SYNTROLEUM CORPORATION TBX RESOURCES, INC. TREATY ENERGY CORP. TRANS ENERGY, INC. TENGASCO, INC. TRI-VALLEY CORPORATION TRIANGLE PETROLEUM CORP TOREADOR RESOURCES CORPORATION TETRA TECHNOLOGIES, INC. TEXAS VANGUARD OIL COMPANY TX HOLDINGS, INC. US NATURAL GAS CORP UNIT CORPORATION VANGUARD NATURAL RESOURCES, LLC VOC ENERGY TRUST VOYAGER OIL & GAS, INC. VENOCO, INC. VERTEX ENERGY, INC. VICTORY ENERGY CORPORATION WHITING USA TRUST I WHITING PETROLEUM CORPORATION WENTWORTH ENERGY CORP WPX ENERGY INC A WARREN RESOURCES, INC. W&T OFFSHORE INC EXCO RESOURCES, INC. CIMAREX ENERGY COMPANY CROSSTEX ENERGY LP XTREME OIL & GAS, INC. CROSSTEX ENERGY, INC. SIC CODE 132 DCP MIDSTREAM PARTNERS LP EL PASO CORPORATION FERRELLGAS PARTNERS LP NGL ENERGY PARTNERS LP CROSSTEX ENERGY, INC. SIC CODE 1321 DCP MIDSTREAM PARTNERS LP EL PASO CORPORATION FERRELLGAS PARTNERS LP NGL ENERGY PARTNERS LP CROSSTEX ENERGY, INC. SIC CODE 138 ARKANOVA ENERGY CORP ALAMO ENERGY CORP. ALLIED RESOURCES, INC. 5 Stocks, Bonds, Bills, and Inflation ATWOOD OCEANICS, INC. BASIC ENERGY SERVICES, INC. BLAST ENERGY SERVICES, INC. BEARD COMPANY CAMAC ENERGY, INC. CHINA INTEGRATED ENERGY, INC. C&J ENERGY SERVICES INC CLEAN HARBORS, INC. CAPITAL FINANCIAL HOLDINGS, INC. COMPLETE PRODUCTION SERVICES, INC. CONQUEST PETROLEUM, INC. DELEK US HOLDINGS, INC. DELTA OIL & GAS, INC. DIAMOND OFFSHORE DRILLING, INC. DELTRON, INC. DUNE ENERGY INC CAL DIVE INTERNATIONAL, INC. DAWSON GEOPHYSICAL COMPANY EDEN ENERGY CORPORATION EGPI FIRECREEK INC. ENERLABS INC ENERGY HOLDINGS INTERNATIONAL, INC. ENERGY & TECHNOLOGY CORPORATION EQT CORP EMTEC, INC. EXTERRAN HOLDINGS, INC. EXTERRAN PARTNERS, L.P. ESTATE COFFEE HOLDINGS CORP FX ENERGY, INC. NEW CONCEPT ENERGY, INC. GLOBAL GEOPHYSICAL SERVICES, INC. GULF ISLAND FABRICATION, INC. GEO POINT TECHNOLOGIES, INC. GEOPETRO RESOURCES COMPANY COMPRESSCO PARTNERS LP HALLIBURTON COMPANY HERCULES OFFSHORE, INC. HELIX ENERGY SOLUTIONS GROUP INC DELTA SEABOARD INTERNATIONAL, INC. HELMERICH & PAYNE, INC. HEARTLAND, INC. ION GEOPHYSICAL CORPORATION JOHN D OIL AND GAS COMPANY JACOBS FINANCIAL GROUP, INC. KEY ENERGY SERVICES, INC. LOEWS CORPORATION CHENIERE ENERGY INC LEXARIA CORP MASS PETROLEUM INC. MAJESTIC OIL & GAS, INC. NEW FRONTIER ENERGY, INC. TARGA RESOURCES PARTNERS LP NATURAL GAS SERVICES GROUP, INC. NATIONAL OILWELL VARCO, INC. NYTEX ENERGY HOLDINGS, INC. OCEANEERING INTERNATIONAL OILTANKING PARTNERS LP OIL STATES INTERNATIONAL, INC. PIONEER DRILLING COMPANY PEGASI ENERGY RESOURCES CORPORATION PARKER DRILLING COMPANY PROMAP CORP PATTERSON-UTI ENERGY, INC. ROWAN COMPANIES, INC. RPC, INC. SARATOGA RESOURCES, INC. SEMGROUP CORP SPECTRA ENERGY PARTNERS, LP SINO GAS INTERNATIONAL HOLDINGS INC SUPERIOR OIL & GAS COMPANY SUPERIOR ENERGY SERVICES INC STRATUM HOLDINGS, INC. SUNBELT INTERNATIONAL CORP SUSSER HOLDINGS CORPORATION SYNERGY RESOURCES CORPORATION TERRA ENERGY & RES TECH TGC INDUSTRIES, INC. UNION DRILLING, INC. UNITED ENERGY CORPORATION U.S. ENERGY CORP. UNITED STATES LIME & MINERALS, INC. WILLBROS GROUP, INC. EXXON MOBIL CORPORATION SIC CODE 1381 ATWOOD OCEANICS, INC. CAMAC ENERGY, INC. DIAMOND OFFSHORE DRILLING, INC. ESTATE COFFEE HOLDINGS CORP HALLIBURTON COMPANY HERCULES OFFSHORE, INC. HELMERICH & PAYNE, INC. JOHN D OIL AND GAS COMPANY JACOBS FINANCIAL GROUP, INC. KEY ENERGY SERVICES, INC. LOEWS CORPORATION MASS PETROLEUM INC. MAJESTIC OIL & GAS, INC. PIONEER DRILLING COMPANY PARKER DRILLING COMPANY PATTERSON-UTI ENERGY, INC. ROWAN COMPANIES, INC. UNION DRILLING, INC. UNITED STATES LIME & MINERALS, INC. EXXON MOBIL CORPORATION SIC CODE 1382 ARKANOVA ENERGY CORP ALAMO ENERGY CORP. ALLIED RESOURCES, INC. BEARD COMPANY C&J ENERGY SERVICES INC CLEAN HARBORS, INC. CONQUEST PETROLEUM, INC. DELTA OIL & GAS, INC. DAWSON GEOPHYSICAL COMPANY EDEN ENERGY CORPORATION EGPI FIRECREEK INC. ENERLABS INC ENERGY HOLDINGS INTERNATIONAL, INC. EQT CORP EMTEC, INC. EXTERRAN PARTNERS, L.P. GULF ISLAND FABRICATION, INC. GEO POINT TECHNOLOGIES, INC. GEOPETRO RESOURCES COMPANY ION GEOPHYSICAL CORPORATION CHENIERE ENERGY INC LEXARIA CORP NEW FRONTIER ENERGY, INC. NYTEX ENERGY HOLDINGS, INC. OIL STATES INTERNATIONAL, INC. PARKER DRILLING COMPANY PROMAP CORP SARATOGA RESOURCES, INC. SUPERIOR OIL & GAS COMPANY SUPERIOR ENERGY SERVICES INC STRATUM HOLDINGS, INC. SUNBELT INTERNATIONAL CORP SYNERGY RESOURCES CORPORATION TGC INDUSTRIES, INC. SIC CODE 1389 BASIC ENERGY SERVICES, INC. BLAST ENERGY SERVICES, INC. CHINA INTEGRATED ENERGY, INC. CAPITAL FINANCIAL HOLDINGS, INC. COMPLETE PRODUCTION SERVICES, INC. DELEK US HOLDINGS, INC. DELTRON, INC. DUNE ENERGY INC CAL DIVE INTERNATIONAL, INC. ENERGY & TECHNOLOGY CORPORATION EXTERRAN HOLDINGS, INC. FX ENERGY, INC. NEW CONCEPT ENERGY, INC. GLOBAL GEOPHYSICAL SERVICES, INC. COMPRESSCO PARTNERS LP HALLIBURTON COMPANY ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report HELIX ENERGY SOLUTIONS GROUP INC DELTA SEABOARD INTERNATIONAL, INC. HEARTLAND, INC. TARGA RESOURCES PARTNERS LP NATURAL GAS SERVICES GROUP, INC. NATIONAL OILWELL VARCO, INC. OCEANEERING INTERNATIONAL OILTANKING PARTNERS LP PEGASI ENERGY RESOURCES CORPORATION PATTERSON-UTI ENERGY, INC. RPC, INC. SEMGROUP CORP SPECTRA ENERGY PARTNERS, LP SINO GAS INTERNATIONAL HOLDINGS INC SUPERIOR ENERGY SERVICES INC SUSSER HOLDINGS CORPORATION TERRA ENERGY & RES TECH UNITED ENERGY CORPORATION U.S. ENERGY CORP. WILLBROS GROUP, INC. SIC CODE 14 AMCOL INTERNATIONAL CORPORATION AMERICAN WATER WORKS CO INC CF INDUSTRIES HOLDINGS INC CHINA GREEN AGRICULTURE, INC. COMPASS MINERALS INTERNATIONAL, INC. CONTINENTAL MATERIALS CORPORATION GULF RESOURCES, INC. HECLA MINING COMPANY LKA INTERNATIONAL, INC. MDU RESOURCES GROUP INC MARTIN MARIETTA MATERIALS MOSAIC CO PLUM CREEK TIMBER CO INC ROCKWOOD HOLDINGS INC CHINA SHEN ZHOU MINING & RESOURCES, INC. TRI-VALLEY CORPORATION UNITED STATES LIME & MINERALS, INC. VULCAN MATERIALS COMPANY SIC CODE 147 AMCOL INTERNATIONAL CORPORATION CF INDUSTRIES HOLDINGS INC CHINA GREEN AGRICULTURE, INC. COMPASS MINERALS INTERNATIONAL, INC. GULF RESOURCES, INC. MOSAIC CO ROCKWOOD HOLDINGS INC CHINA SHEN ZHOU MINING & RESOURCES, INC. TRI-VALLEY CORPORATION SIC CODE 1474 AMCOL INTERNATIONAL CORPORATION COMPASS MINERALS INTERNATIONAL, INC. GULF RESOURCES, INC. MOSAIC CO TRI-VALLEY CORPORATION SIC CODE 1479 CHINA GREEN AGRICULTURE, INC. COMPASS MINERALS INTERNATIONAL, INC. GULF RESOURCES, INC. ROCKWOOD HOLDINGS INC CHINA SHEN ZHOU MINING & RESOURCES, INC. SIC CODE 149 AMERICAN WATER WORKS CO INC HECLA MINING COMPANY LKA INTERNATIONAL, INC. MDU RESOURCES GROUP INC PLUM CREEK TIMBER CO INC SIC CODE 1499 AMERICAN WATER WORKS CO INC HECLA MINING COMPANY LKA INTERNATIONAL, INC. MDU RESOURCES GROUP INC PLUM CREEK TIMBER CO INC SIC CODE 15 AQUENTIUM, INC. AVATAR HOLDINGS INC. AMREP CORPORATION BEAZER HOMES USA, INC. 6 Stocks, Bonds, Bills, and Inflation COMSTOCK HOMEBUILDING COMPANIES, INC. CHINA HOUSING & LAND DEVELOPMENT, INC. CONSOLIDATED-TOMOKA LAND DILLARDS, INC. DR HORTON INC CHINA INFRASTRUCTURE HOLDINGS LTD. GLOBAL DIVERSIFIED INDUSTRIES, INC. GOLD HORSE INTERNATIONAL, INC. HILL INTERNATIONAL, INC. HOVNANIAN ENTERPRISES INC KB HOME LEGGETT & PLATT, INC. LENNAR CORPORATION LIMONEIRA CO M.D.C. HOLDINGS, INC. MDU RESOURCES GROUP INC M/I HOMES, INC. MERITAGE HOMES CORPORATION NVR, INC. PGI, INC. PULTEGROUP INC POPE RESOURCES LP RYLAND GROUP, INC. STANDARD PACIFIC CORP TOLL BROTHERS INC TUTOR PERINI CORP TRIO-TECH INTERNATIONAL UNR HOLDINGS, INC. SIC CODE 152 AVATAR HOLDINGS INC. BEAZER HOMES USA, INC. CHINA INFRASTRUCTURE HOLDINGS LTD. GOLD HORSE INTERNATIONAL, INC. LENNAR CORPORATION PGI, INC. UNR HOLDINGS, INC. SIC CODE 153 AVATAR HOLDINGS INC. AMREP CORPORATION BEAZER HOMES USA, INC. COMSTOCK HOMEBUILDING COMPANIES, INC. CONSOLIDATED-TOMOKA LAND DR HORTON INC HOVNANIAN ENTERPRISES INC KB HOME LIMONEIRA CO M.D.C. HOLDINGS, INC. M/I HOMES, INC. MERITAGE HOMES CORPORATION NVR, INC. PULTEGROUP INC POPE RESOURCES LP RYLAND GROUP, INC. STANDARD PACIFIC CORP TOLL BROTHERS INC SIC CODE 1531 AVATAR HOLDINGS INC. AMREP CORPORATION BEAZER HOMES USA, INC. COMSTOCK HOMEBUILDING COMPANIES, INC. CONSOLIDATED-TOMOKA LAND DR HORTON INC HOVNANIAN ENTERPRISES INC KB HOME LIMONEIRA CO M.D.C. HOLDINGS, INC. M/I HOMES, INC. MERITAGE HOMES CORPORATION NVR, INC. PULTEGROUP INC POPE RESOURCES LP RYLAND GROUP, INC. STANDARD PACIFIC CORP TOLL BROTHERS INC SIC CODE 154 AQUENTIUM, INC. CHINA HOUSING & LAND DEVELOPMENT, INC. DILLARDS, INC. GLOBAL DIVERSIFIED INDUSTRIES, INC. HILL INTERNATIONAL, INC. LEGGETT & PLATT, INC. MDU RESOURCES GROUP INC TUTOR PERINI CORP TRIO-TECH INTERNATIONAL SIC CODE 1542 AQUENTIUM, INC. CHINA HOUSING & LAND DEVELOPMENT, INC. DILLARDS, INC. GLOBAL DIVERSIFIED INDUSTRIES, INC. MDU RESOURCES GROUP INC TUTOR PERINI CORP SIC CODE 16 AEGION CORP A CHINA INFRASTRUCTURE INVESTMENT CORP DYCOM INDUSTRIES INC ENERGY SERVICES OF AMERICA CORPORATION GREAT LAKES DREDGE & DOCK CORPORATION GOLDFIELD CORP GRANITE CONSTRUCTION INC. INDIA GLOBALIZATION CAPITAL, INC. JACOBS ENGINEERING GROUP MASTEC, INC. MYR GROUP, INC. ORION MARINE GROUP, INC. PICO HOLDINGS, INC. PRIMORIS SERVICES CORPORATION STERLING CONSTRUCTION COMPANY, INC. VICOR CORPORATION SIC CODE 162 AEGION CORP A CHINA INFRASTRUCTURE INVESTMENT CORP DYCOM INDUSTRIES INC ENERGY SERVICES OF AMERICA CORPORATION GREAT LAKES DREDGE & DOCK CORPORATION GOLDFIELD CORP GRANITE CONSTRUCTION INC. JACOBS ENGINEERING GROUP MASTEC, INC. MYR GROUP, INC. ORION MARINE GROUP, INC. PICO HOLDINGS, INC. PRIMORIS SERVICES CORPORATION STERLING CONSTRUCTION COMPANY, INC. VICOR CORPORATION SIC CODE 1623 AEGION CORP A DYCOM INDUSTRIES INC ENERGY SERVICES OF AMERICA CORPORATION GOLDFIELD CORP MASTEC, INC. MYR GROUP, INC. PICO HOLDINGS, INC. PRIMORIS SERVICES CORPORATION STERLING CONSTRUCTION COMPANY, INC. SIC CODE 1629 CHINA INFRASTRUCTURE INVESTMENT CORP GREAT LAKES DREDGE & DOCK CORPORATION GRANITE CONSTRUCTION INC. JACOBS ENGINEERING GROUP ORION MARINE GROUP, INC. VICOR CORPORATION SIC CODE 17 BARNWELL INDUSTRIES CHINA ADVANCED CONSTRUCTION MATERIALS CAVICO CORPORATION CASTWELL PRECAST CORP EMCOR GROUP, INC. ENTRX CORPORATION COMFORT SYSTEMS USA, INC. FIREMANS CONTRACTORS INC FURMANITE CORPORATION GREAT LAKES DREDGE & DOCK CORPORATION INTEGRATED ELECTRICAL SERVICES, INC. INUVO, INC. IX ENERGY HOLDINGS INC JUNIPER GROUP, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report LAYNE CHRISTENSEN COMPANY MIDAS MEDICI GROUP HOLDINGS INC MATRIX SERVICE COMPANY PIKE ELECTRIC CORPORATION PURE EARTH, INC. PERNIX GROUP INC QUANTA SERVICES, INC. Q.E.P. COMPANY, INC. REGENT TECHNOLOGIES, INC. SOUTH JERSEY INDUSTRIES SSGI, INC. THOMAS & BETTS CORPORATION US HOME SYSTEMS, INC. SIC CODE 173 EMCOR GROUP, INC. COMFORT SYSTEMS USA, INC. INTEGRATED ELECTRICAL SERVICES, INC. JUNIPER GROUP, INC. MIDAS MEDICI GROUP HOLDINGS INC PIKE ELECTRIC CORPORATION QUANTA SERVICES, INC. SOUTH JERSEY INDUSTRIES SIC CODE 1731 EMCOR GROUP, INC. COMFORT SYSTEMS USA, INC. INTEGRATED ELECTRICAL SERVICES, INC. JUNIPER GROUP, INC. MIDAS MEDICI GROUP HOLDINGS INC PIKE ELECTRIC CORPORATION QUANTA SERVICES, INC. SOUTH JERSEY INDUSTRIES SIC CODE 179 CAVICO CORPORATION FIREMANS CONTRACTORS INC FURMANITE CORPORATION GREAT LAKES DREDGE & DOCK CORPORATION INUVO, INC. MATRIX SERVICE COMPANY PERNIX GROUP INC REGENT TECHNOLOGIES, INC. SSGI, INC. THOMAS & BETTS CORPORATION US HOME SYSTEMS, INC. SIC CODE 1799 CAVICO CORPORATION FIREMANS CONTRACTORS INC FURMANITE CORPORATION INUVO, INC. MATRIX SERVICE COMPANY PERNIX GROUP INC REGENT TECHNOLOGIES, INC. SSGI, INC. US HOME SYSTEMS, INC. SIC CODE 20 ALL AMERICAN PET CO, INC. ARCHER-DANIELS MIDLAND COMPANY FEIHE INTERNATIONAL, INC. ARTISANAL BRANDS, INC. AMERICAN LORAIN CORP ARMANINO FOODS OF DISTINCTION, INC. ATTITUDE DRINKS, INC. BAB, INC. BROOKLYN CHEESECAKE & DESSERTS COMPANY BROWN-FORMAN CORPORATION CLASS B B&G FOODS INC BOB EVANS FARMS, INC. BRIDGFORD FOODS CORPORATION BELLA PETRELLA'S HOLDINGS INC CONAGRA FOODS, INC. COCA-COLA ENTERPRISES INC CHOCOLATE CANDY CREATIONS, INC. CENTRAL EUROPEAN DISTRIBUTION CORP CELSIUS HOLDINGS, INC. CHINA FRUITS CORPORATION COLGATE-PALMOLIVE COMPANY CULTURE MEDIUM HOLDINGS CORP CHINA MARINE FOOD GROUP CHINA NUTRIFRUIT GROUP LIMITED 7 Stocks, Bonds, Bills, and Inflation CHINA ORGANIC AGRICLTR CONO ITALIANO, INC. COCA-COLA BOTTLING COMPANY CONSOLIDATED CAMPBELL SOUP CO CORN PRODUCTS INTERNATIONAL, INC. CHIQUITA BRANDS INTERNATIONAL DARLING INTERNATIONAL, INC. DEAN FOODS COMPANY DRINKS AMERICA HOLDINGS, LTD. DIAMOND FOODS, INC. DOLE FOOD CO INC DR PEPPER SNAPPLE GROUP, INC. ELDORADO ARTESIAN SPRINGS, INC. EMERALD DAIRY, INC. ENCORE BRANDS INC ENERGROUP HOLDINGS CORP ENLIGHTENED GOURMET, INC. TOTAL NUTRACEUTICAL SOLUTIONS FARMER BROS. CO. FRONTIER BEVERAGE CO, INC. FACT CORPORATION A AGFEED INDUSTRIES, INC. NATIONAL BEVERAGE CORPORATION FLOWERS FOODS, INC. FRESH HARVEST PRODUCTS FUER INTERNATIONAL, INC. FOREVERGREEN WORLDWIDE CORPORATION GENERAL MILLS, INC. GOLDEN ENTERPRISES, INC. GREEN MOUNTAIN COFFEE ROASTERS, INC. GREEN PLAINS RENEWABLE ENERGY, INC. HAIN CELESTIAL GROUP, INC. HECKMANN CORP HJ HEINZ COMPANY ZHONGPIN, INC. CRAFT BREW ALLIANCE INC HORMEL FOODS CORPORATION THE HERSHEY COMPANY ICONIC BRANDS, INC. INGLES MARKETS, INC. A IMPERIAL SUGAR COMPANY JAMMIN JAVA CORP JOHN B. SANFILIPPO & SON JOHN BEAN TECHNOLOGIES CORPORATION J&J SNACK FOODS CORP. JONES SODA COMPANY COFFEE HOLDING COMPANY, INC. KELLOGG COMPANY KRAFT FOODS INC COCA-COLA CO KIWA BIO-TECH PRODUCTS GROUP CORPORATION LANCASTER COLONY CORPORATION SNYDERS-LANCE, INC. LOUISIANA FOOD CO LIFEWAY FOODS INC. MEDIFAST, INC. MENDOCINO BREWING COMPANY, INC. MGP INGREDIENTS, INC. MEAD JOHNSON NUTRITION COMPANY MCCORMICK & COMPANY, INC. MAUI LAND & PINEAPPLE COMPANY, INC. MONSTER BEVERAGE CORP ALTRIA GROUP INC. MAN SHING AGRICULTURAL HOLDINGS, INC. NEW DRAGON ASIA CORPORATION NEW LEAF BRANDS, INC. NUTRACEA NUVILEX INC OVERHILL FARMS, INC. OMEGA PROTEIN CORPORATION OURPET'S COMPANY PARADISE, INC. PEET'S COFFEE & TEA, INC. PENFORD CORPORATION PEPSICO INC PILGRIMS PRIDE CORP. PRIMO WATER CORPORATION RALCORP HOLDINGS, INC. REDDY ICE HOLDINGS INC REEDS, INC. ROCKY MOUNTAIN CHOCOLATE CASTLE BRANDS, INC. SANDERSON FARMS, INC. SAGA ENERGY INC BOSTON BEER COMPANY, INC. A SEABOARD CORPORATION SENECA FOODS CORP. SMITHFIELD FOODS, INC. J.M. SMUCKER CO. SARA LEE CORPORATION SMART BALANCE, INC. INVENTURE FOODS, INC. SKYPEOPLE FRUIT JUICE, INC. CONSTELLATION BRANDS INC. B SUNWIN INTERNATIONAL NEUTRACEUTICALS SYNUTRA INTERNATIONAL, INC. MOLSON COORS BREWING COMPANY CLASS A TOFUTTI BRANDS, INC. TOOTIE PIE COMPANY, INC. TOOTSIE ROLL INDUSTRIES TYSON FOODS, INC. A UPLIFT NUTRITION, INC. VITAMIN SPICE PANACHE BEVERAGE INC WILLAMETTE VALLEY VINEYARDS WESTWAY GROUP, INC. YANGLIN SOYBEAN, INC. YUHE INTERNATIONAL INC YAYI INTERNATIONAL, INC. Z-TRIM HOLDINGS, INC. SIC CODE 201 BOB EVANS FARMS, INC. BRIDGFORD FOODS CORPORATION ENERGROUP HOLDINGS CORP ZHONGPIN, INC. HORMEL FOODS CORPORATION PILGRIMS PRIDE CORP. SEABOARD CORPORATION SMITHFIELD FOODS, INC. TYSON FOODS, INC. A SIC CODE 2011 ENERGROUP HOLDINGS CORP ZHONGPIN, INC. HORMEL FOODS CORPORATION SEABOARD CORPORATION SMITHFIELD FOODS, INC. SIC CODE 202 FEIHE INTERNATIONAL, INC. ARTISANAL BRANDS, INC. DEAN FOODS COMPANY EMERALD DAIRY, INC. ENLIGHTENED GOURMET, INC. INGLES MARKETS, INC. A KRAFT FOODS INC LIFEWAY FOODS INC. MEAD JOHNSON NUTRITION COMPANY SYNUTRA INTERNATIONAL, INC. TOFUTTI BRANDS, INC. YAYI INTERNATIONAL, INC. SIC CODE 2023 FEIHE INTERNATIONAL, INC. EMERALD DAIRY, INC. LIFEWAY FOODS INC. MEAD JOHNSON NUTRITION COMPANY SYNUTRA INTERNATIONAL, INC. SIC CODE 203 AMERICAN LORAIN CORP ARMANINO FOODS OF DISTINCTION, INC. B&G FOODS INC BELLA PETRELLA'S HOLDINGS INC CHINA NUTRIFRUIT GROUP LIMITED CAMPBELL SOUP CO DOLE FOOD CO INC HJ HEINZ COMPANY HORMEL FOODS CORPORATION J&J SNACK FOODS CORP. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report KRAFT FOODS INC LANCASTER COLONY CORPORATION MAUI LAND & PINEAPPLE COMPANY, INC. NUVILEX INC OVERHILL FARMS, INC. RALCORP HOLDINGS, INC. SENECA FOODS CORP. J.M. SMUCKER CO. SMART BALANCE, INC. SUNWIN INTERNATIONAL NEUTRACEUTICALS SIC CODE 2033 B&G FOODS INC CHINA NUTRIFRUIT GROUP LIMITED DOLE FOOD CO INC HJ HEINZ COMPANY MAUI LAND & PINEAPPLE COMPANY, INC. SENECA FOODS CORP. J.M. SMUCKER CO. SIC CODE 2038 ARMANINO FOODS OF DISTINCTION, INC. J&J SNACK FOODS CORP. KRAFT FOODS INC NUVILEX INC OVERHILL FARMS, INC. RALCORP HOLDINGS, INC. SIC CODE 204 ALL AMERICAN PET CO, INC. ARCHER-DANIELS MIDLAND COMPANY COLGATE-PALMOLIVE COMPANY CORN PRODUCTS INTERNATIONAL, INC. AGFEED INDUSTRIES, INC. GENERAL MILLS, INC. KELLOGG COMPANY KIWA BIO-TECH PRODUCTS GROUP CORPORATION MGP INGREDIENTS, INC. NEW DRAGON ASIA CORPORATION NUTRACEA OURPET'S COMPANY PENFORD CORPORATION RALCORP HOLDINGS, INC. WESTWAY GROUP, INC. YUHE INTERNATIONAL INC Z-TRIM HOLDINGS, INC. SIC CODE 205 BAB, INC. CAMPBELL SOUP CO FLOWERS FOODS, INC. HAIN CELESTIAL GROUP, INC. J&J SNACK FOODS CORP. KRAFT FOODS INC SNYDERS-LANCE, INC. TOOTIE PIE COMPANY, INC. SIC CODE 206 CHOCOLATE CANDY CREATIONS, INC. HORMEL FOODS CORPORATION THE HERSHEY COMPANY IMPERIAL SUGAR COMPANY JOHN B. SANFILIPPO & SON PARADISE, INC. RALCORP HOLDINGS, INC. ROCKY MOUNTAIN CHOCOLATE TOOTSIE ROLL INDUSTRIES SIC CODE 207 ARCHER-DANIELS MIDLAND COMPANY DARLING INTERNATIONAL, INC. FUER INTERNATIONAL, INC. OMEGA PROTEIN CORPORATION YANGLIN SOYBEAN, INC. SIC CODE 208 ATTITUDE DRINKS, INC. BROWN-FORMAN CORPORATION CLASS B COCA-COLA ENTERPRISES INC CENTRAL EUROPEAN DISTRIBUTION CORP CELSIUS HOLDINGS, INC. CHINA FRUITS CORPORATION CULTURE MEDIUM HOLDINGS CORP CHINA ORGANIC AGRICLTR COCA-COLA BOTTLING COMPANY CONSOLIDATED 8 Stocks, Bonds, Bills, and Inflation DRINKS AMERICA HOLDINGS, LTD. DR PEPPER SNAPPLE GROUP, INC. ELDORADO ARTESIAN SPRINGS, INC. ENCORE BRANDS INC FRONTIER BEVERAGE CO, INC. FACT CORPORATION A NATIONAL BEVERAGE CORPORATION GREEN PLAINS RENEWABLE ENERGY, INC. HECKMANN CORP CRAFT BREW ALLIANCE INC ICONIC BRANDS, INC. JONES SODA COMPANY KRAFT FOODS INC COCA-COLA CO MENDOCINO BREWING COMPANY, INC. MONSTER BEVERAGE CORP ALTRIA GROUP INC. NEW LEAF BRANDS, INC. PEPSICO INC PRIMO WATER CORPORATION REEDS, INC. CASTLE BRANDS, INC. BOSTON BEER COMPANY, INC. A SKYPEOPLE FRUIT JUICE, INC. CONSTELLATION BRANDS INC. B MOLSON COORS BREWING COMPANY CLASS A UPLIFT NUTRITION, INC. PANACHE BEVERAGE INC WILLAMETTE VALLEY VINEYARDS SIC CODE 2082 CULTURE MEDIUM HOLDINGS CORP CRAFT BREW ALLIANCE INC KRAFT FOODS INC MENDOCINO BREWING COMPANY, INC. BOSTON BEER COMPANY, INC. A MOLSON COORS BREWING COMPANY CLASS A SIC CODE 2084 CHINA ORGANIC AGRICLTR ENCORE BRANDS INC GREEN PLAINS RENEWABLE ENERGY, INC. ICONIC BRANDS, INC. ALTRIA GROUP INC. CONSTELLATION BRANDS INC. B PANACHE BEVERAGE INC WILLAMETTE VALLEY VINEYARDS SIC CODE 2086 ATTITUDE DRINKS, INC. COCA-COLA ENTERPRISES INC CELSIUS HOLDINGS, INC. CHINA FRUITS CORPORATION COCA-COLA BOTTLING COMPANY CONSOLIDATED DR PEPPER SNAPPLE GROUP, INC. ELDORADO ARTESIAN SPRINGS, INC. FRONTIER BEVERAGE CO, INC. NATIONAL BEVERAGE CORPORATION HECKMANN CORP JONES SODA COMPANY COCA-COLA CO MONSTER BEVERAGE CORP NEW LEAF BRANDS, INC. PEPSICO INC PRIMO WATER CORPORATION REEDS, INC. SKYPEOPLE FRUIT JUICE, INC. UPLIFT NUTRITION, INC. SIC CODE 209 BROOKLYN CHEESECAKE & DESSERTS COMPANY CONAGRA FOODS, INC. CHINA MARINE FOOD GROUP CONO ITALIANO, INC. CHIQUITA BRANDS INTERNATIONAL DIAMOND FOODS, INC. TOTAL NUTRACEUTICAL SOLUTIONS FARMER BROS. CO. FRESH HARVEST PRODUCTS FOREVERGREEN WORLDWIDE CORPORATION GOLDEN ENTERPRISES, INC. GREEN MOUNTAIN COFFEE ROASTERS, INC. HAIN CELESTIAL GROUP, INC. JAMMIN JAVA CORP JOHN BEAN TECHNOLOGIES CORPORATION COFFEE HOLDING COMPANY, INC. KRAFT FOODS INC LOUISIANA FOOD CO MEDIFAST, INC. MCCORMICK & COMPANY, INC. MAN SHING AGRICULTURAL HOLDINGS, INC. NEW DRAGON ASIA CORPORATION PEET'S COFFEE & TEA, INC. RALCORP HOLDINGS, INC. REDDY ICE HOLDINGS INC SANDERSON FARMS, INC. SAGA ENERGY INC SARA LEE CORPORATION INVENTURE FOODS, INC. VITAMIN SPICE SIC CODE 2095 FARMER BROS. CO. GREEN MOUNTAIN COFFEE ROASTERS, INC. COFFEE HOLDING COMPANY, INC. LOUISIANA FOOD CO PEET'S COFFEE & TEA, INC. SAGA ENERGY INC SIC CODE 2099 BROOKLYN CHEESECAKE & DESSERTS COMPANY CONAGRA FOODS, INC. CONO ITALIANO, INC. CHIQUITA BRANDS INTERNATIONAL DIAMOND FOODS, INC. TOTAL NUTRACEUTICAL SOLUTIONS FRESH HARVEST PRODUCTS FOREVERGREEN WORLDWIDE CORPORATION HAIN CELESTIAL GROUP, INC. JAMMIN JAVA CORP JOHN BEAN TECHNOLOGIES CORPORATION MEDIFAST, INC. MCCORMICK & COMPANY, INC. MAN SHING AGRICULTURAL HOLDINGS, INC. NEW DRAGON ASIA CORPORATION RALCORP HOLDINGS, INC. SARA LEE CORPORATION VITAMIN SPICE SIC CODE 21 STAR SCIENTIFIC, INC. KIRIN INTERNATIONAL HOLDING, INC. LORILLARD, INC. ALTRIA GROUP INC. PHILIP MORRIS INTERNATIONAL, INC. REYNOLDS AMERICAN INC VECTOR GROUP, LTD. VAPOR CORP. SIC CODE 211 STAR SCIENTIFIC, INC. KIRIN INTERNATIONAL HOLDING, INC. LORILLARD, INC. ALTRIA GROUP INC. PHILIP MORRIS INTERNATIONAL, INC. REYNOLDS AMERICAN INC VECTOR GROUP, LTD. VAPOR CORP. SIC CODE 2111 STAR SCIENTIFIC, INC. KIRIN INTERNATIONAL HOLDING, INC. LORILLARD, INC. ALTRIA GROUP INC. PHILIP MORRIS INTERNATIONAL, INC. REYNOLDS AMERICAN INC VECTOR GROUP, LTD. VAPOR CORP. SIC CODE 22 ALBANY INTERNATIONAL CORPORATION CULP, INC. CRANE COMPANY CROWN CRAFTS, INC. DIXIE GROUP, INC. ENNIS, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report EVER-GLORY INTERNATIONAL GROUP, INC. FRANKLIN TOWERS ENTERPRISES, INC. HAMPSHIRE GROUP LIMITED HALLWOOD GROUP INC. INTERFACE, INC. A INDUSTRY CONCEPT HOLDINGS, INC. INTERNATIONAL TEXTILE GROUP, INC. MOHAWK INDUSTRIES, INC. UNIFI, INC. XERIUM TECHNOLOGIES, INC. SIC CODE 23 BEBE STORES, INC. BERNARD CHAUS, INC. CHEROKEE INC. COLUMBIA SPORTSWEAR COMPANY COOPER-STANDARD HOLDING INC CARTER'S, INC. CINTAS CORPORATION EVER-GLORY INTERNATIONAL GROUP, INC. FREDERICK'S OF HOLLYWOOD GROUP, INC. GENESCO, INC. GUESS, INC. G-III APPAREL GROUP, LTD. HANESBRANDS INC ILLINOIS TOOL WORKS INC INTERNATIONAL TEXTILE GROUP, INC. INNOVATIVE DESIGNS, INC. JONES GROUP INC JOE'S JEANS INC. LIZ CLAIBORNE, INC. LULULEMON ATHLETICA, INC. MARTHA STEWART LIVING OMNIMEDIA, INC. NEWELL RUBBERMAID INC OXFORD INDUSTRIES, INC. PERRY ELLIS INTERNATIONAL, INC. PEOPLE'S LIBERATION, INC. RALPH LAUREN CORP SUPERIOR UNIFORM GROUP TALON INTERNATIONAL, INC. TANDY BRANDS ACCESSORIES TUPPERWARE BRANDS CORPORATION UNDER ARMOUR, INC. A VF CORPORATION VLOV INC WARNACO GROUP, INC. QUIKSILVER INC SIC CODE 232 CINTAS CORPORATION EVER-GLORY INTERNATIONAL GROUP, INC. OXFORD INDUSTRIES, INC. PERRY ELLIS INTERNATIONAL, INC. PEOPLE'S LIBERATION, INC. RALPH LAUREN CORP UNDER ARMOUR, INC. A VF CORPORATION SIC CODE 233 BEBE STORES, INC. BERNARD CHAUS, INC. COLUMBIA SPORTSWEAR COMPANY GUESS, INC. HANESBRANDS INC JONES GROUP INC JOE'S JEANS INC. LIZ CLAIBORNE, INC. SIC CODE 2339 BERNARD CHAUS, INC. COLUMBIA SPORTSWEAR COMPANY GUESS, INC. HANESBRANDS INC JOE'S JEANS INC. SIC CODE 238 CHEROKEE INC. G-III APPAREL GROUP, LTD. INTERNATIONAL TEXTILE GROUP, INC. INNOVATIVE DESIGNS, INC. LULULEMON ATHLETICA, INC. SUPERIOR UNIFORM GROUP TALON INTERNATIONAL, INC. 9 Stocks, Bonds, Bills, and Inflation TANDY BRANDS ACCESSORIES TUPPERWARE BRANDS CORPORATION VLOV INC QUIKSILVER INC SIC CODE 2389 CHEROKEE INC. G-III APPAREL GROUP, LTD. INTERNATIONAL TEXTILE GROUP, INC. INNOVATIVE DESIGNS, INC. LULULEMON ATHLETICA, INC. SUPERIOR UNIFORM GROUP TALON INTERNATIONAL, INC. TUPPERWARE BRANDS CORPORATION VLOV INC QUIKSILVER INC SIC CODE 24 ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC A AMERICAN WOODMARK CORPORATION ARMSTRONG WORLD INDUSTRIES, INC. CAVCO INDUSTRIES, INC. DELTIC TIMBER CORPORATION DEER VALLEY CORPORATION ECO BUILDING PRODUCTS INC FORTUNE BRANDS HOME & SECURITY INC GREIF, INC. A KMG CHEMICALS, INC. KOPPERS HOLDINGS, INC. LOUISIANA-PACIFIC CORP. MASCO CORPORATION NOBILITY HOMES, INC. PATRICK INDUSTRIES, INC. PLUM CREEK TIMBER CO INC SKYLINE CORPORATION TREX COMPANY, INC. UNIVERSAL FOREST PRODUCTS INC. WEYERHAEUSER CO SIC CODE 242 ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC A DELTIC TIMBER CORPORATION LOUISIANA-PACIFIC CORP. PLUM CREEK TIMBER CO INC UNIVERSAL FOREST PRODUCTS INC. WEYERHAEUSER CO SIC CODE 2421 DELTIC TIMBER CORPORATION LOUISIANA-PACIFIC CORP. PLUM CREEK TIMBER CO INC UNIVERSAL FOREST PRODUCTS INC. WEYERHAEUSER CO SIC CODE 249 ECO BUILDING PRODUCTS INC KMG CHEMICALS, INC. KOPPERS HOLDINGS, INC. PATRICK INDUSTRIES, INC. TREX COMPANY, INC. SIC CODE 25 AARON'S, INC. AMERICAN LOCKER GROUP, INC. ARMSTRONG WORLD INDUSTRIES, INC. BASSETT FURNITURE INDUSTRIES CHAMPION INDUSTRIES COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CHROMCRAFT REVINGTON, INC. DEYU AGRICULTURE CORP ETHAN ALLEN INTERIORS, INC. FURNITURE BRANDS INTERNATIONAL, INC. FLEXSTEEL INDUSTRIES, INC. HNI CORPORATION HOOKER FURNITURE CORPORATION INVACARE CORPORATION KIMBALL INTERNATIONAL, INC. CLASS A KNOLL, INC. LIFETIME BRANDS, INC. LEGGETT & PLATT, INC. LA-Z-BOY, INC. HERMAN MILLER, INC. MANITEX INTERNATIONAL, INC. STEELCASE, INC. SELECT COMFORT CORPORATION SPAN-AMERICA MEDICAL STANLEY FURNITURE COMPANY INC. TEMPUR-PEDIC INTERNATIONAL, INC. VIRCO MANUFACTURING CORPORATION SEALY CORP SIC CODE 251 AARON'S, INC. ARMSTRONG WORLD INDUSTRIES, INC. BASSETT FURNITURE INDUSTRIES CHROMCRAFT REVINGTON, INC. DEYU AGRICULTURE CORP ETHAN ALLEN INTERIORS, INC. FURNITURE BRANDS INTERNATIONAL, INC. FLEXSTEEL INDUSTRIES, INC. HOOKER FURNITURE CORPORATION LEGGETT & PLATT, INC. LA-Z-BOY, INC. SELECT COMFORT CORPORATION SPAN-AMERICA MEDICAL STANLEY FURNITURE COMPANY INC. TEMPUR-PEDIC INTERNATIONAL, INC. SEALY CORP SIC CODE 2511 ARMSTRONG WORLD INDUSTRIES, INC. BASSETT FURNITURE INDUSTRIES CHROMCRAFT REVINGTON, INC. ETHAN ALLEN INTERIORS, INC. STANLEY FURNITURE COMPANY INC. SIC CODE 2512 AARON'S, INC. FURNITURE BRANDS INTERNATIONAL, INC. FLEXSTEEL INDUSTRIES, INC. HOOKER FURNITURE CORPORATION LA-Z-BOY, INC. SIC CODE 2515 LEGGETT & PLATT, INC. SELECT COMFORT CORPORATION SPAN-AMERICA MEDICAL TEMPUR-PEDIC INTERNATIONAL, INC. SEALY CORP SIC CODE 252 CHAMPION INDUSTRIES HNI CORPORATION KIMBALL INTERNATIONAL, INC. CLASS A HERMAN MILLER, INC. STEELCASE, INC. SIC CODE 259 COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL INVACARE CORPORATION KNOLL, INC. LIFETIME BRANDS, INC. MANITEX INTERNATIONAL, INC. SIC CODE 2599 COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL INVACARE CORPORATION KNOLL, INC. LIFETIME BRANDS, INC. MANITEX INTERNATIONAL, INC. SIC CODE 26 ABITIBIBOWATER, INC. AVERY DENNISON CORP BUCKEYE TECHNOLOGIES, INC. BEMIS CO INC BIOPACK ENVIRONMENTAL SOLUTIONS, INC. BRIGHTEC, INC. BOISE INC CLEARWATER PAPER CORP CHINA SHENGDA PACKAGING GROUP, INC. CENVEO INC DECOR PRODUCTS INTERNATIONAL, INC. EAGLE MATERIALS, INC. GREIF, INC. A ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report PH GLATFELTER COMPANY GRAPHIC PACKAGING HOLDING CO INTERNATIONAL PAPER CO. KIMBERLY-CLARK CORPORATION KAPSTONE PAPER AND PACKAGING CORPORATION MERCER INTERNATIONAL, INC. MOD-PAC CORPORATION MEADWESTVACO CORPORATION NN, INC. NEENAH PAPER, INC. ORIENT PAPER, INC. PACKAGING CORPORATION OF AMERICA PANELTECH INTERNATIONAL HOLDINGS, INC. ROCK-TENN RAYONIER, INC. SEALED AIR CORPORATION SONOCO PRODUCTS COMPANY SCHWEITZER-MAUDUIT INTERNATIONAL, INC. TUFCO TECHNOLOGIES TEMPLE-INLAND, INC. ORCHIDS PAPER PRODUCTS COMPANY DOMTAR CORP VERSO PAPER CORP VITAL PRODUCTS, INC. WAUSAU PAPER CORPORATION SIC CODE 262 ABITIBIBOWATER, INC. BOISE INC CLEARWATER PAPER CORP PH GLATFELTER COMPANY INTERNATIONAL PAPER CO. KAPSTONE PAPER AND PACKAGING CORPORATION MEADWESTVACO CORPORATION NEENAH PAPER, INC. ORIENT PAPER, INC. SCHWEITZER-MAUDUIT INTERNATIONAL, INC. ORCHIDS PAPER PRODUCTS COMPANY DOMTAR CORP VERSO PAPER CORP WAUSAU PAPER CORPORATION SIC CODE 2621 ABITIBIBOWATER, INC. BOISE INC CLEARWATER PAPER CORP PH GLATFELTER COMPANY INTERNATIONAL PAPER CO. KAPSTONE PAPER AND PACKAGING CORPORATION MEADWESTVACO CORPORATION NEENAH PAPER, INC. ORIENT PAPER, INC. SCHWEITZER-MAUDUIT INTERNATIONAL, INC. ORCHIDS PAPER PRODUCTS COMPANY DOMTAR CORP VERSO PAPER CORP WAUSAU PAPER CORPORATION SIC CODE 263 CLEARWATER PAPER CORP EAGLE MATERIALS, INC. GRAPHIC PACKAGING HOLDING CO MOD-PAC CORPORATION PACKAGING CORPORATION OF AMERICA SONOCO PRODUCTS COMPANY TEMPLE-INLAND, INC. SIC CODE 2631 CLEARWATER PAPER CORP EAGLE MATERIALS, INC. GRAPHIC PACKAGING HOLDING CO MOD-PAC CORPORATION PACKAGING CORPORATION OF AMERICA SONOCO PRODUCTS COMPANY TEMPLE-INLAND, INC. SIC CODE 265 BIOPACK ENVIRONMENTAL SOLUTIONS, INC. BOISE INC GREIF, INC. A 10 Stocks, Bonds, Bills, and Inflation GRAPHIC PACKAGING HOLDING CO MEADWESTVACO CORPORATION PANELTECH INTERNATIONAL HOLDINGS, INC. TEMPLE-INLAND, INC. SIC CODE 267 AVERY DENNISON CORP BEMIS CO INC BRIGHTEC, INC. CHINA SHENGDA PACKAGING GROUP, INC. CENVEO INC DECOR PRODUCTS INTERNATIONAL, INC. GREIF, INC. A KIMBERLY-CLARK CORPORATION NN, INC. ROCK-TENN SEALED AIR CORPORATION SONOCO PRODUCTS COMPANY TUFCO TECHNOLOGIES VERSO PAPER CORP VITAL PRODUCTS, INC. SIC CODE 2671 BEMIS CO INC CHINA SHENGDA PACKAGING GROUP, INC. DECOR PRODUCTS INTERNATIONAL, INC. NN, INC. ROCK-TENN SEALED AIR CORPORATION SONOCO PRODUCTS COMPANY VITAL PRODUCTS, INC. SIC CODE 27 CAMBIUM LEARNING GROUP INC ACCO BRANDS CORP ACCREDITED MEMBERS HOLDING CORP A.H. BELO CORPORATION AMERICAN GREETINGS CORPORATION CLASS B BLUE CALYPSO INC SHINER INTERNATIONAL, INC. CONSOLIDATED GRAPHICS, INC. CHAMPION INDUSTRIES CLICKER, INC. CHINA MARKETING MEDIA HOLDINGS, INC. CHINA YIDA HOLDING, CO. COURIER CORPORATION CSS INDUSTRIES, INC. CENVEO INC WALT DISNEY CO DAILY JOURNAL CORPORATION DELUXE CORPORATION EMMIS COMMUNICATIONS CORP A FRANKLIN COVEY COMPANY GANNETT CO INC GUIDE HOLDINGS, INC. GATEHOUSE MEDIA, INC. INNERWORKINGS, INC. JOURNAL COMMUNICATIONS, INC. A JOHN WILEY & SONS, INC. A MULTI-COLOR CORPORATION LEE ENTERPRISES INC. LSI INDUSTRIES, INC. MEREDITH CORPORATION MEDIA GENERAL INC. A MCGRAW-HILL COMPANIES, INC. MCCLATCHY COMPANY A MARTHA STEWART LIVING OMNIMEDIA, INC. NEWS CORP B NEW YORK TIMES COMPANY CLASS B PLATINUM STUDIOS, INC. QUAD/GRAPHICS, INC. RICK'S CABARET INTERNATIONAL, INC. R.R. DONNELLEY & SONS COMPANY SCHOLASTIC CORPORATION SCHAWK, INC. SUPERMEDIA INC. STANDARD REGISTER COMPANY E.W. SCRIPPS COMPANY A SILVERTON ADVENTURES, INC. THESTREET, INC. TIME WARNER INC VIZSTAR, INC. VERIZON COMMUNICATIONS INC WASHINGTON POST COMPANY SIC CODE 271 A.H. BELO CORPORATION CHAMPION INDUSTRIES CLICKER, INC. DAILY JOURNAL CORPORATION EMMIS COMMUNICATIONS CORP A GANNETT CO INC GATEHOUSE MEDIA, INC. JOURNAL COMMUNICATIONS, INC. A LEE ENTERPRISES INC. MEDIA GENERAL INC. A MCCLATCHY COMPANY A NEW YORK TIMES COMPANY CLASS B E.W. SCRIPPS COMPANY A THESTREET, INC. WASHINGTON POST COMPANY SIC CODE 2711 A.H. BELO CORPORATION CHAMPION INDUSTRIES CLICKER, INC. DAILY JOURNAL CORPORATION EMMIS COMMUNICATIONS CORP A GANNETT CO INC GATEHOUSE MEDIA, INC. JOURNAL COMMUNICATIONS, INC. A LEE ENTERPRISES INC. MEDIA GENERAL INC. A MCCLATCHY COMPANY A NEW YORK TIMES COMPANY CLASS B E.W. SCRIPPS COMPANY A THESTREET, INC. WASHINGTON POST COMPANY SIC CODE 272 ACCREDITED MEMBERS HOLDING CORP CHINA MARKETING MEDIA HOLDINGS, INC. GUIDE HOLDINGS, INC. MEREDITH CORPORATION MARTHA STEWART LIVING OMNIMEDIA, INC. NEWS CORP B PLATINUM STUDIOS, INC. RICK'S CABARET INTERNATIONAL, INC. TIME WARNER INC SIC CODE 2721 ACCREDITED MEMBERS HOLDING CORP CHINA MARKETING MEDIA HOLDINGS, INC. GUIDE HOLDINGS, INC. MEREDITH CORPORATION MARTHA STEWART LIVING OMNIMEDIA, INC. NEWS CORP B PLATINUM STUDIOS, INC. RICK'S CABARET INTERNATIONAL, INC. TIME WARNER INC SIC CODE 273 COURIER CORPORATION JOHN WILEY & SONS, INC. A MCGRAW-HILL COMPANIES, INC. NEWS CORP B SCHOLASTIC CORPORATION VIZSTAR, INC. SIC CODE 2731 JOHN WILEY & SONS, INC. A MCGRAW-HILL COMPANIES, INC. NEWS CORP B SCHOLASTIC CORPORATION VIZSTAR, INC. SIC CODE 274 CAMBIUM LEARNING GROUP INC BLUE CALYPSO INC COURIER CORPORATION WALT DISNEY CO R.R. DONNELLEY & SONS COMPANY SUPERMEDIA INC. VERIZON COMMUNICATIONS INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SIC CODE 2741 CAMBIUM LEARNING GROUP INC BLUE CALYPSO INC COURIER CORPORATION WALT DISNEY CO R.R. DONNELLEY & SONS COMPANY SUPERMEDIA INC. VERIZON COMMUNICATIONS INC SIC CODE 275 SHINER INTERNATIONAL, INC. CONSOLIDATED GRAPHICS, INC. CHAMPION INDUSTRIES CENVEO INC MULTI-COLOR CORPORATION LSI INDUSTRIES, INC. QUAD/GRAPHICS, INC. SCHAWK, INC. SILVERTON ADVENTURES, INC. SIC CODE 2759 SHINER INTERNATIONAL, INC. CENVEO INC LSI INDUSTRIES, INC. QUAD/GRAPHICS, INC. SCHAWK, INC. SILVERTON ADVENTURES, INC. SIC CODE 28 ALCOA INC AMERICAN BIO MEDICA CORPORATION ACCENTIA BIOPHARMACEUTICALS, INC. ABBOTT LABORATORIES ACADIA PHARMACEUTICALS, INC. ACCESS PHARMACEUTICALS, INC. TAMIR BIOTECHNOLOGY, INC. ACHILLION PHARMACEUTICALS, INC. ACORDA THERAPEUTICS, INC. ASIA CARBON INDUSTRIES, INC. ADVANCED CELL TECH, INC. ACURA PHARMACEUTICALS, INC. ADA-ES, INC. ADVANCED LIFE SCIENCES HOLDINGS, INC. ADM TRONICS UNLIMITED, INC. ADEONA PHARMACEUTICALS, INC. AFFYMAX, INC. ALUMIFUEL POWER CORPORATION AGENUS, INC. ALLERGAN, INC. AKORN, INC. ALBEMARLE CORP ALNYLAM PHARMACEUTICALS, INC. ALERE INC ALPHARX, INC. ALLOS THERAPEUTICS, INC. ALEXZA PHARMACEUTICALS, INC. ALEXION PHARMACEUTICALS, INC. AMAG PHARMACEUTICALS, INC. AMARILLO BIOSCIENCES, INC. AMGEN INC AMYLIN PHARMACEUTICALS INC ALBANY MOLECULAR RESEARCH, INC. AEMETIS INC ANACOR PHARMACEUTICALS, INC. ANDERSONS, INC. ANDAIN INC AMERICAN NANO SILICON TECHNOLOGY INC ADVENTRX PHARMACEUTICALS, INC. AMERICAN ORIENTAL BIOENGINEERING, INC. AEOLUS PHARMACEUTICALS, INC. AIR PRODUCTS & CHEMICALS INC APPLIED DNA SCIENCES, INC. AMERICAN PACIFIC CORPORATION A.P. PHARMA, INC. ASPENBIO PHARMA, INC. APRICUS BIOSCIENCES, INC. APPLIED NEUROSOLUTIONS, INC. AQUALIV TECHNOLOGIES INC ARIAD PHARMACEUTICALS ARENA PHARMACEUTICALS, INC. ARQULE, INC. 11 Stocks, Bonds, Bills, and Inflation ARRAY BIOPHARMA, INC. AASTROM BIOSCIENCES, INC. ASTEX PHARMACEUTICALS INC ATHERSYS, INC. ATMI, INC. AUXILIUM PHARMACEUTICALS, INC. AMERICAN VANGUARD CORPORATION AVEO PHARMACEUTICALS, INC. AVI BIOPHARMA, INC. AVANIR PHARMACEUTICALS A AVON PRODUCTS INC AVENTINE RENEWABLE ENERGY HOLDINGS, INC. ACCELR8 TECHNOLOGY CORPORATION AOXING PHARMACEUTICAL COMPANY, INC. BAZI INTERNATIONAL, INC. BODISEN BIOTECH, INC. BALCHEM CORPORATION BIOCRYST PHARMACEUTICALS BIODELIVERY SCIENCES INTERNATIONAL, INC. BECTON DICKINSON & CO BLUEFIRE RENEWABLES, INC. BIO-BRIDGE SCIENCE, INC. BIOGEN IDEC INC BIOFUEL ENERGY CORPORATION BIO SOLUTIONS CORPORATION BLASTGARD INTERNATIONAL, INC. BIOLARGO, INC. BIOMARIN PHARMACEUTICAL, INC. BRISTOL-MYERS SQUIBB COMPANY BOND LABORATORIES, INC. BIONOVO INC. BACTERIN INTERNATIONAL HOLDINGS, INC. DYNAMIC MATERIALS CORPORATION BOHAI PHARMACEUTICALS GROUP, INC. BIOSANTE PHARMACEUTICALS, INC. BENDA PHARMACEUTICAL, INC. BIOSTAR PHARMACEUTICALS, INC. BIOSPECIFICS TECHNOLOGIES CORPORATION BIOTIME, INC. BIOVEST INTERNATIONAL CHINA AGRITECH, INC. A.M. CASTLE & CO. CCA INDUSTRIES, INC. CAMBREX CORPORATION CHINA BOTANIC PHARMACEUTICAL, INC. CHINA BIOLOGIC PRODUCTS, INC. COLUMBIA LABORATORIES, INC. CUBIST PHARMACEUTICALS, INC. CABOT CORPORATION CALGON CARBON CORPORATION CHINA CLEAN ENERGY, INC. CHROMADEX CORPORATION CELANESE CORPORATION CHINA EDUCATION TECHNOLOGY, INC. CELGENE CORPORATION CHEMBIO DIAGNOSTICS, INC. CEREPLAST, INC. CF INDUSTRIES HOLDINGS INC CHINA PHARMACEUTICALS, INC. CHINA-BIOTICS, INC. CHINA AGRI-BUSINESS, INC. CHURCH & DWIGHT COMPANY, INC. CHEMTURA CORPORATION CHINA ORGANIC FERTILIZER, INC. CHINA HEALTH RESOURCE IN CHINA JIANYE FUEL, INC. CHINA KANGTAI CACTUS BIO COLGATE-PALMOLIVE COMPANY CELLDEX THERAPEUTICS, INC. CLOROX COMPANY COMPASS MINERALS INTERNATIONAL, INC. CYTOMEDIX, INC. CONVERTED ORGANICS, INC. CORGENIX MEDICAL CORPORATION CONOCOPHILLIPS CORTEX PHARMACEUTICALS, INC. CHINA PEDIATRIC PHARMACEUTICALS, INC. CHINA PHARMA HOLDING, INC. CUMBERLAND PHARMACEUTICALS, INC. CLEAN POWER CONCEPTS, INC. CATALYST PHARMACEUTICAL PARTNERS, INC. CURIS, INC. CORNERSTONE THERAPEUTICS, INC. CHAMPIONS ONCOLOGY INC CHINA SUN GP HIGH-TECH CTD HOLDINGS, INC. NEURALSTEM, INC. CAVITATION TECHNOLOGIES, INC. CVR ENERGY, INC. CEL-SCI CORPORATION CARDIUM THERAPEUTICS, INC. CYANOTECH CORPORATION CYCLACEL PHARMACEUTICALS, INC. CYTEC INDUSTRIES CYTOKINETICS, INC. CYTRX CORPORATION E.I. DU PONT DE NEMOURS & COMPANY DEPOMED, INC. DM PRODUCTS, INC. DENDREON CORP DONGSHENG PHARMACEUTICAL INTERNATIONAL. DOVER CORPORATION DOW CHEMICAL CO DURECT CORPORATION DERMA SCIENCES, INC. DUSA PHARMACEUTICALS INC. DYNAVAX TECHNOLOGIES CORPORATION EMERGENT BIOSOLUTIONS, INC. ECOLAB, INC. ECOLOGY COATINGS, INC. ECHO THERAPEUTICS, INC. ENHANCE SKIN PRODUCTS, INC. ESTEE LAUDER COS INC A ELITE PHARMACEUTICALS, INC. EMISPHERE TECHNOLOGIES EASTMAN CHEMICAL COMPANY STRUCTURAL ENHANCEMENT TECHNOLOGIES ENDO PHARMACEUTICAL HOLDINGS, INC. ENTREMED, INC. ENTEST BIOMEDICAL INC ENZON PHARMACEUTICALS, INC. EPICEPT CORPORATION EPOLIN, INC. EQM TECHNOLOGIES & ENERGY INC HUMAN PHEROMONE SCIENCES, INC. ESTERLINE TECHNOLOGIES ENERTECK CORPORATION PHYSICIANS FORMULA HOLDINGS, INC. FUTUREFUEL CORP FMC CORPORATION FERRO CORP AMICUS THERAPEUTICS, INC. FOREST LABORATORIES, INC. FLEXIBLE SOLUTIONS INTERNATIONAL, INC. FLOTEK INDUSTRIES, INC. H.B. FULLER COMPANY GENESIS ENERGY LP GREEN ENERGY LIVE, INC. GERON CORPORATION GREEN EARTH TECHNOLOGIES, INC. SYNAGEVA BIOPHARMA CORP GEORGIA GULF CORP GILEAD SCIENCES INC GREYSTONE LOGISTICS, INC. GELTECH SOLUTIONS, INC. GENEREX BIOTECHNOLOGY CORPORATION GENTA, INC. GENVEC, INC. W.R. GRACE & COMPANY GTX, INC. HAIN CELESTIAL GROUP, INC. HALOZYME THERAPEUTICS, INC. HEALTH DISCOVERY CORPORATION HEMISPHERX BIOPHARMA, INC. HUIFENG BIO-PHARMACEUTICAL TECHNOLOGY, HUMAN GENOME SCIENCES INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report HI-TECH PHARMACAL CO., INC. HELICOS BIOSCIENCES CORPORATION HEMAGEN DIAGNOSTICS, INC. HONEYWELL INTERNATIONAL, INC. HARBOR BIOSCIENCES, INC. DC BRANDS INTERNATIONAL, INC. HESKA CORPORATION HOSPIRA, INC. HEALTHSPORT, INC. HUNTSMAN CORPORATION HELIX BIOMEDIX HEXCEL CORPORATION HORIZON PHARMA INC IMAGENETIX, INC. IBIO, INC. IMMUCELL CORPORATION IDENIX PHARMACEUTICALS, INC. IDERA PHARMACEUTICALS, INC. IDEXX LABORATORIES INTERNATIONAL FLAVORS & FRAGRANCES IGI, INC. IGENE BIOTECHNOLOGY, INC. INTERLEUKIN GENETICS, INC. IMMUNOBIOTICS INC IMMUNOGEN, INC. IMMUNOMEDICS, INC. INFUSION BRANDS INTERNATIONAL, INC. INTEGRATED BIOPHARMA INC INFINITY PHARMACEUTICALS, INC. INHIBITEX, INC. INOVIO PHARMACEUTICALS, INC. INSMED, INC. INSITE VISION INCORPORATED INNOSPEC, INC. INTER PARFUMS, INC. INNOPHOS HOLDINGS, INC. INTREPID POTASH, INC. IMPAX LABORATORIES, INC. IRONWOOD PHARMACEUTICALS, INC. INTERNATIONAL STEM CELL ISIS PHARMACEUTICALS ISTA PHARMACEUTICALS, INC. INTERMUNE, INC. JIANGBO PHARMACEUTICALS, INC. JOHNSON & JOHNSON CADUS CORPORATION KIMBERLY-CLARK CORPORATION KMG CHEMICALS, INC. KRATON PERFORMANCE POLYMERS INC KRONOS WORLDWIDE, INC. CHINA SHENGHUO PHARMACEUTICAL HOLDINGS, KUN RUN BIOTECHNOLOGY, INC. K-V PHARMACEUTICAL COMPANY A LESCARDEN, INC. LANNETT COMPANY, INC. LYDALL, INC. LIFEVANTAGE CORPORATION LIGAND PHARMACEUTICALS, INC. LIFE TECHNOLOGIES CORP ELI LILLY AND COMPANY LANDEC CORPORATION LAPOLLA INDUSTRIES, INC. LPATH, INC. LIQUIDMETAL TECHNOLOGIES, INC. LEUCADIA NATIONAL CORPORATION LINKWELL CORP LEXICON PHARMACEUTICALS, INC. LSB INDUSTRIES, INC. MASCO CORPORATION MULTICELL TECHNOLOGIES, INC. MEDICINES MEDIVATION, INC. MAGELLAN HEALTH SERVICES, INC. MICROMET, INC. MARTIN MIDSTREAM PARTNERS L.P. 3M CO MANNKIND CORPORATION MOMENTA PHARMACEUTICALS, INC. 12 Stocks, Bonds, Bills, and Inflation MOSAIC CO MERCK & CO INC MARINA BIOTECH, INC. MEDICIS PHARMACEUTICALS CORPORATION A MUSCLEPHARM CORP METABOLIC RESEARCH, INC. MANNATECH, INC. MINERALS TECHNOLOGIES, INC. MEADWESTVACO CORPORATION MYERS INDUSTRIES, INC. MYRIAD GENETICS, INC. MYLAN INC MYREXIS, INC. NABI BIOPHARMACEUTICALS, INC. NATURAL ALTERNATIVES INTERNATIONAL NANOPHASE TECHNOLOGIES CORPORATION NATURES SUNSHINE PRODUCTS, INC. NEUROCRINE BIOSCIENCES, INC. NOVABAY PHARMACEUTICALS, INC. NEOGEN CORPORATION NEWMARKET CORPORATION NEW GENERATION BIOFUELS HOLDINGS, INC. NEUROGESX, INC. NEKTAR THERAPEUTICS, INC. NL INDUSTRIES, INC. NEWLINK GENETICS CORP NEW ORIENTAL ENERGY & CHEMICAL CORP NUTRA PHARMA CORPORATION ENPRO INDUSTRIES, INC. NPS PHARMACEUTICALS INC INERGETICS, INC. NUTRACEUTICAL INTERNATIONAL CORPORATION NOVAVAX, INC. NOVADEL PHARMA, INC. NOVELOS THERAPEUTICS, INC. NORTHWEST BIOTHERAPEUTICS, INC. OCEAN BIO-CHEM, INC. ONCOGENEX PHARMACEUTICALS, INC. OLIN CORPORATION OMEROS CORPORATION OMNOVA SOLUTIONS, INC. OBAGI MEDICAL PRODUCTS, INC. ONE BIO CORPORATION ONYX PHARMACEUTICALS, INC. ORIGINOIL INCORPORATED OPKO HEALTH, INC. OPTIMER PHARMACEUTICALS, INC. OREXIGEN THERAPEUTICS, INC. ORAGENICS, INC. ORE HOLDINGS INC OSIRIS THERAPEUTICS, INC. OXIS INTERNATIONAL, INC. OCCIDENTAL PETROLEUM CORPORATION PARLUX FRAGRANCES, INC. NUPATHE INC. PRESTIGE BRANDS HOLDINGS INC PACIRA PHARMACEUTICALS, INC. PHARMACYCLICS, INC. PROCYON CORPORATION PATTERSON COMPANIES, INC. PDL BIOPHARMA, INC. PEDIATRX, INC. PENFORD CORPORATION PFIZER INC PROCTER & GAMBLE CO PROGENICS PHARMACEUTICALS, INC. PACIFICHEALTH LABORATORIES, INC. PIMI AGRO CLEANTECH, INC. PHARMATHENE, INC. PARK-OHIO HOLDINGS CORP PROTALIX BIOTHERAPEUTICS, INC. PURAMED BIOSCIENCE INCORPORATED POLYONE CORPORATION POZEN, INC. PPG INDUSTRIES, INC. PEREGRINE PHARMACEUTICALS, INC. PERRIGO COMPANY PROPHASE LABS, INC. PAR PHARMACEUTICAL COMPANIES, INC. PAIN THERAPEUTICS, INC. PALATIN TECHNOLOGIES, INC. PERNIX THERAPEUTICS HOLDINGS, INC. PURE BIOSCIENCE, INC. POWERVERDE, INC. PRAXAIR, INC. POLYMEDIX, INC. QUESTCOR PHARMACEUTICALS, INC. QUIDEL CORPORATION QUICK-MED TECHNOLOGIES, INC. REGENOCELL THERAPEUTICS, INC. ARDEA BIOSCIENCES, INC. ELIZABETH ARDEN, INC. REGENERON PHARMACEUTICALS, INC. RELIV' INTERNATIONAL, INC. REVLON INC RESPONSE GENETICS, INC. REPLIGEN CORPORATION REGENERX BIOPHARMACEUTICALS, INC. RIGEL PHARMACEUTICALS, INC. RENTECH NITROGEN PARTNERS LP REXAHN PHARMACEUTICALS, INC. ROCKWOOD HOLDINGS INC ROGERS CORPORATION RPM INTERNATIONAL INC REPROS THERAPEUTICS, INC. RENTECH INC. SINO CLEAN ENERGY, INC. STEPAN COMPANY SCICLONE PHARMACEUTICALS SCOLR PHARMA, INC. SUCAMPO PHARMACEUTICALS, INC. A SECUREALERT, INC. SHENGDATECH, INC. RG GLOBAL LIFESTYLES SANGUI BIOTECH INTERNATIONAL, INC. SEATTLE GENETICS, INC. SANGAMO BIOSCIENCES, INC. SAGENT PHARMACEUTICALS CO SHENGTAI PHARMACEUTICAL, INC. SANGUINE CORPORATION A SCHULMAN, INC. SIGMA-ALDRICH CORPORATION SIGA TECHNOLOGIES, INC. SKYSTAR BIO-PHARMACEUTICAL COMPANY SKINVISIBLE, INC. SCOTT'S LIQUID GOLD, INC. SALIX PHARMACEUTICALS, LTD. SCOTTS MIRACLE GRO CO SOLIGENIX, INC. SENOMYX, INC. SUNESIS PHARMACEUTICALS INC SYNTA PHARMACEUTICALS, INC. SANTARUS, INC. SANUWAVE HEALTH, INC. SOLUTIA, INC. SOMAXON PHARMACEUTICALS, INC. AMERICAN SOIL TECHNOLOGIES, INC. SPECTRUM PHARMACEUTICALS INC SURMODICS, INC. SERACARE LIFE SCIENCES, INC. STEMCELLS, INC. SAVIENT PHARMACEUTICALS SENSIENT TECHNOLOGIES CORPORATION SYMBOLLON PHARMACEUTICALS INC A SYNALLOY CORPORATION SOLAZYME INC TEARLAB CORPOARTION TECHNE CORPORATION TONGLI PHARMACEUTICALS (USA), INC. THERAVANCE, INC. TERRA NITROGEN COMPANY, L.P. TOR MINERALS INTERNATIONAL, INC. TIANYIN PHARMACEUTICAL CO, INC. THERABIOGEN, INC. TARGACEPT, INC. TRANSCEPT PHARMACEUTICALS, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report TRIUS THERAPEUTICS, INC. TRANZYME, INC. CVR PARTNERS LP UNITED-GUARDIAN, INC. UNIGENE LABORATORIES, INC. ULURU, INC. USANA HEALTH SCIENCES, INC. UNITED THERAPEUTICS CORPORATION VALSPAR CORPORATION VALHI INC. VICAL INCORPORATED MERIDIAN BIOSCIENCE, INC. VITRO DIAGNOSTICS, INC. VIROPHARMA, INC. VERENIUM CORPORATION VERTEX PHARMACEUTICALS WD-40 COMPANY WEIKANG BIO-TECHNOLOGY GROUP CO, INC. WESTLAKE CHEMICAL CORPORATION WINSTON PHARMACEUTICALS, INC. WATSON PHARMACEUTICALS INC. WORLDWIDE BIOTECH & PHARMACEUTICAL XENACARE HOLDINGS, INC. XENOPORT, INC. EXXON MOBIL CORPORATION YONGYE INTERNATIONAL, INC. ZEP, INC. ZOGENIX, INC. ZALICUS, INC. SIC CODE 281 ALCOA INC ALBEMARLE CORP AMERICAN NANO SILICON TECHNOLOGY INC AIR PRODUCTS & CHEMICALS INC BIOLARGO, INC. CABOT CORPORATION CALGON CARBON CORPORATION COMPASS MINERALS INTERNATIONAL, INC. CAVITATION TECHNOLOGIES, INC. DOW CHEMICAL CO EASTMAN CHEMICAL COMPANY GENESIS ENERGY LP W.R. GRACE & COMPANY HUNTSMAN CORPORATION INNOSPEC, INC. INNOPHOS HOLDINGS, INC. KMG CHEMICALS, INC. KRONOS WORLDWIDE, INC. LIQUIDMETAL TECHNOLOGIES, INC. LEUCADIA NATIONAL CORPORATION LSB INDUSTRIES, INC. MINERALS TECHNOLOGIES, INC. NL INDUSTRIES, INC. OCCIDENTAL PETROLEUM CORPORATION PARK-OHIO HOLDINGS CORP PRAXAIR, INC. ROCKWOOD HOLDINGS INC SHENGDATECH, INC. SOLUTIA, INC. TOR MINERALS INTERNATIONAL, INC. VALHI INC. VERENIUM CORPORATION SIC CODE 2813 AIR PRODUCTS & CHEMICALS INC DOW CHEMICAL CO GENESIS ENERGY LP LEUCADIA NATIONAL CORPORATION PRAXAIR, INC. SIC CODE 2816 EASTMAN CHEMICAL COMPANY KRONOS WORLDWIDE, INC. NL INDUSTRIES, INC. ROCKWOOD HOLDINGS INC TOR MINERALS INTERNATIONAL, INC. SIC CODE 2819 ALCOA INC ALBEMARLE CORP AMERICAN NANO SILICON TECHNOLOGY INC 13 Stocks, Bonds, Bills, and Inflation BIOLARGO, INC. CABOT CORPORATION CALGON CARBON CORPORATION COMPASS MINERALS INTERNATIONAL, INC. CAVITATION TECHNOLOGIES, INC. DOW CHEMICAL CO W.R. GRACE & COMPANY HUNTSMAN CORPORATION INNOPHOS HOLDINGS, INC. KMG CHEMICALS, INC. LIQUIDMETAL TECHNOLOGIES, INC. LSB INDUSTRIES, INC. MINERALS TECHNOLOGIES, INC. OCCIDENTAL PETROLEUM CORPORATION PARK-OHIO HOLDINGS CORP ROCKWOOD HOLDINGS INC SHENGDATECH, INC. SOLUTIA, INC. VALHI INC. VERENIUM CORPORATION SIC CODE 282 ALBEMARLE CORP ATMI, INC. A.M. CASTLE & CO. CELANESE CORPORATION CHEMTURA CORPORATION CONOCOPHILLIPS E.I. DU PONT DE NEMOURS & COMPANY DOW CHEMICAL CO EASTMAN CHEMICAL COMPANY EPOLIN, INC. ESTERLINE TECHNOLOGIES FERRO CORP GEORGIA GULF CORP GREYSTONE LOGISTICS, INC. GELTECH SOLUTIONS, INC. HONEYWELL INTERNATIONAL, INC. HUNTSMAN CORPORATION HEXCEL CORPORATION KRATON PERFORMANCE POLYMERS INC LYDALL, INC. LANDEC CORPORATION MYERS INDUSTRIES, INC. POLYONE CORPORATION ROGERS CORPORATION SINO CLEAN ENERGY, INC. A SCHULMAN, INC. WESTLAKE CHEMICAL CORPORATION SIC CODE 2821 ALBEMARLE CORP ATMI, INC. A.M. CASTLE & CO. CELANESE CORPORATION CHEMTURA CORPORATION CONOCOPHILLIPS E.I. DU PONT DE NEMOURS & COMPANY DOW CHEMICAL CO EASTMAN CHEMICAL COMPANY EPOLIN, INC. FERRO CORP GEORGIA GULF CORP GREYSTONE LOGISTICS, INC. GELTECH SOLUTIONS, INC. HONEYWELL INTERNATIONAL, INC. HUNTSMAN CORPORATION HEXCEL CORPORATION KRATON PERFORMANCE POLYMERS INC LANDEC CORPORATION MYERS INDUSTRIES, INC. POLYONE CORPORATION ROGERS CORPORATION SINO CLEAN ENERGY, INC. A SCHULMAN, INC. WESTLAKE CHEMICAL CORPORATION SIC CODE 283 AMERICAN BIO MEDICA CORPORATION ACCENTIA BIOPHARMACEUTICALS, INC. ABBOTT LABORATORIES ACADIA PHARMACEUTICALS, INC. ACCESS PHARMACEUTICALS, INC. TAMIR BIOTECHNOLOGY, INC. ACHILLION PHARMACEUTICALS, INC. ACORDA THERAPEUTICS, INC. ADVANCED CELL TECH, INC. ACURA PHARMACEUTICALS, INC. ADVANCED LIFE SCIENCES HOLDINGS, INC. ADEONA PHARMACEUTICALS, INC. AFFYMAX, INC. AGENUS, INC. ALLERGAN, INC. AKORN, INC. ALNYLAM PHARMACEUTICALS, INC. ALERE INC ALPHARX, INC. ALLOS THERAPEUTICS, INC. ALEXZA PHARMACEUTICALS, INC. ALEXION PHARMACEUTICALS, INC. AMAG PHARMACEUTICALS, INC. AMARILLO BIOSCIENCES, INC. AMGEN INC AMYLIN PHARMACEUTICALS INC ALBANY MOLECULAR RESEARCH, INC. ANACOR PHARMACEUTICALS, INC. ANDAIN INC ADVENTRX PHARMACEUTICALS, INC. AMERICAN ORIENTAL BIOENGINEERING, INC. AEOLUS PHARMACEUTICALS, INC. APPLIED DNA SCIENCES, INC. A.P. PHARMA, INC. ASPENBIO PHARMA, INC. APRICUS BIOSCIENCES, INC. APPLIED NEUROSOLUTIONS, INC. AQUALIV TECHNOLOGIES INC ARIAD PHARMACEUTICALS ARENA PHARMACEUTICALS, INC. ARQULE, INC. ARRAY BIOPHARMA, INC. AASTROM BIOSCIENCES, INC. ASTEX PHARMACEUTICALS INC ATHERSYS, INC. AUXILIUM PHARMACEUTICALS, INC. AVEO PHARMACEUTICALS, INC. AVI BIOPHARMA, INC. AVANIR PHARMACEUTICALS A ACCELR8 TECHNOLOGY CORPORATION AOXING PHARMACEUTICAL COMPANY, INC. BAZI INTERNATIONAL, INC. BIOCRYST PHARMACEUTICALS BIODELIVERY SCIENCES INTERNATIONAL, INC. BECTON DICKINSON & CO BIO-BRIDGE SCIENCE, INC. BIOGEN IDEC INC BIOMARIN PHARMACEUTICAL, INC. BRISTOL-MYERS SQUIBB COMPANY BOND LABORATORIES, INC. BIONOVO INC. BACTERIN INTERNATIONAL HOLDINGS, INC. BOHAI PHARMACEUTICALS GROUP, INC. BIOSANTE PHARMACEUTICALS, INC. BENDA PHARMACEUTICAL, INC. BIOSTAR PHARMACEUTICALS, INC. BIOSPECIFICS TECHNOLOGIES CORPORATION BIOTIME, INC. BIOVEST INTERNATIONAL CAMBREX CORPORATION CHINA BOTANIC PHARMACEUTICAL, INC. CHINA BIOLOGIC PRODUCTS, INC. COLUMBIA LABORATORIES, INC. CUBIST PHARMACEUTICALS, INC. CHROMADEX CORPORATION CELGENE CORPORATION CHEMBIO DIAGNOSTICS, INC. CHINA PHARMACEUTICALS, INC. CHINA-BIOTICS, INC. CHINA HEALTH RESOURCE IN CHINA KANGTAI CACTUS BIO ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report CELLDEX THERAPEUTICS, INC. CYTOMEDIX, INC. CORGENIX MEDICAL CORPORATION CORTEX PHARMACEUTICALS, INC. CHINA PEDIATRIC PHARMACEUTICALS, INC. CHINA PHARMA HOLDING, INC. CUMBERLAND PHARMACEUTICALS, INC. CATALYST PHARMACEUTICAL PARTNERS, INC. CURIS, INC. CORNERSTONE THERAPEUTICS, INC. CHAMPIONS ONCOLOGY INC CTD HOLDINGS, INC. NEURALSTEM, INC. CEL-SCI CORPORATION CARDIUM THERAPEUTICS, INC. CYANOTECH CORPORATION CYCLACEL PHARMACEUTICALS, INC. CYTOKINETICS, INC. CYTRX CORPORATION DEPOMED, INC. DENDREON CORP DONGSHENG PHARMACEUTICAL INTERNATIONAL DURECT CORPORATION DERMA SCIENCES, INC. DUSA PHARMACEUTICALS INC. DYNAVAX TECHNOLOGIES CORPORATION EMERGENT BIOSOLUTIONS, INC. ECHO THERAPEUTICS, INC. ELITE PHARMACEUTICALS, INC. EMISPHERE TECHNOLOGIES ENDO PHARMACEUTICAL HOLDINGS, INC. ENTREMED, INC. ENTEST BIOMEDICAL INC ENZON PHARMACEUTICALS, INC. EPICEPT CORPORATION FERRO CORP AMICUS THERAPEUTICS, INC. FOREST LABORATORIES, INC. GERON CORPORATION SYNAGEVA BIOPHARMA CORP GILEAD SCIENCES INC GENEREX BIOTECHNOLOGY CORPORATION GENTA, INC. GENVEC, INC. GTX, INC. HALOZYME THERAPEUTICS, INC. HEALTH DISCOVERY CORPORATION HEMISPHERX BIOPHARMA, INC. HUIFENG BIO-PHARMACEUTICAL TECHNOLOGY HUMAN GENOME SCIENCES INC HI-TECH PHARMACAL CO., INC. HELICOS BIOSCIENCES CORPORATION HEMAGEN DIAGNOSTICS, INC. HARBOR BIOSCIENCES, INC. DC BRANDS INTERNATIONAL, INC. HESKA CORPORATION HOSPIRA, INC. HEALTHSPORT, INC. HELIX BIOMEDIX HORIZON PHARMA INC IMAGENETIX, INC. IBIO, INC. IMMUCELL CORPORATION IDENIX PHARMACEUTICALS, INC. IDERA PHARMACEUTICALS, INC. IDEXX LABORATORIES IGI, INC. INTERLEUKIN GENETICS, INC. IMMUNOBIOTICS INC IMMUNOGEN, INC. IMMUNOMEDICS, INC. INTEGRATED BIOPHARMA INC INFINITY PHARMACEUTICALS, INC. INHIBITEX, INC. INOVIO PHARMACEUTICALS, INC. INSMED, INC. INSITE VISION INCORPORATED IMPAX LABORATORIES, INC. 14 Stocks, Bonds, Bills, and Inflation IRONWOOD PHARMACEUTICALS, INC. INTERNATIONAL STEM CELL ISIS PHARMACEUTICALS ISTA PHARMACEUTICALS, INC. INTERMUNE, INC. JIANGBO PHARMACEUTICALS, INC. JOHNSON & JOHNSON CADUS CORPORATION CHINA SHENGHUO PHARMACEUTICAL HOLDINGS KUN RUN BIOTECHNOLOGY, INC. K-V PHARMACEUTICAL COMPANY A LESCARDEN, INC. LANNETT COMPANY, INC. LIFEVANTAGE CORPORATION LIGAND PHARMACEUTICALS, INC. LIFE TECHNOLOGIES CORP ELI LILLY AND COMPANY LPATH, INC. LEXICON PHARMACEUTICALS, INC. MULTICELL TECHNOLOGIES, INC. MEDICINES MEDIVATION, INC. MAGELLAN HEALTH SERVICES, INC. MICROMET, INC. MANNKIND CORPORATION MOMENTA PHARMACEUTICALS, INC. MERCK & CO INC MARINA BIOTECH, INC. MEDICIS PHARMACEUTICALS CORPORATION A MUSCLEPHARM CORP METABOLIC RESEARCH, INC. MANNATECH, INC. MYRIAD GENETICS, INC. MYLAN INC MYREXIS, INC. NABI BIOPHARMACEUTICALS, INC. NATURAL ALTERNATIVES INTERNATIONAL NATURES SUNSHINE PRODUCTS, INC. NEUROCRINE BIOSCIENCES, INC. NOVABAY PHARMACEUTICALS, INC. NEOGEN CORPORATION NEUROGESX, INC. NEKTAR THERAPEUTICS, INC. NEWLINK GENETICS CORP NUTRA PHARMA CORPORATION NPS PHARMACEUTICALS INC INERGETICS, INC. NUTRACEUTICAL INTERNATIONAL CORPORATION NOVAVAX, INC. NOVADEL PHARMA, INC. NOVELOS THERAPEUTICS, INC. NORTHWEST BIOTHERAPEUTICS, INC. ONCOGENEX PHARMACEUTICALS, INC. OMEROS CORPORATION OBAGI MEDICAL PRODUCTS, INC. ONYX PHARMACEUTICALS, INC. OPKO HEALTH, INC. OPTIMER PHARMACEUTICALS, INC. OREXIGEN THERAPEUTICS, INC. ORAGENICS, INC. ORE HOLDINGS INC OSIRIS THERAPEUTICS, INC. OXIS INTERNATIONAL, INC. NUPATHE INC. PACIRA PHARMACEUTICALS, INC. PHARMACYCLICS, INC. PROCYON CORPORATION PATTERSON COMPANIES, INC. PDL BIOPHARMA, INC. PEDIATRX, INC. PFIZER INC PROGENICS PHARMACEUTICALS, INC. PACIFICHEALTH LABORATORIES, INC. PHARMATHENE, INC. PROTALIX BIOTHERAPEUTICS, INC. PURAMED BIOSCIENCE INCORPORATED POZEN, INC. PEREGRINE PHARMACEUTICALS, INC. PERRIGO COMPANY PROPHASE LABS, INC. PAR PHARMACEUTICAL COMPANIES, INC. PAIN THERAPEUTICS, INC. PALATIN TECHNOLOGIES, INC. PERNIX THERAPEUTICS HOLDINGS, INC. POWERVERDE, INC. POLYMEDIX, INC. QUESTCOR PHARMACEUTICALS, INC. QUIDEL CORPORATION QUICK-MED TECHNOLOGIES, INC. REGENOCELL THERAPEUTICS, INC. ARDEA BIOSCIENCES, INC. REGENERON PHARMACEUTICALS, INC. RELIV' INTERNATIONAL, INC. RESPONSE GENETICS, INC. REPLIGEN CORPORATION REGENERX BIOPHARMACEUTICALS, INC. RIGEL PHARMACEUTICALS, INC. REXAHN PHARMACEUTICALS, INC. REPROS THERAPEUTICS, INC. SCICLONE PHARMACEUTICALS SCOLR PHARMA, INC. SUCAMPO PHARMACEUTICALS, INC. A SECUREALERT, INC. RG GLOBAL LIFESTYLES SANGUI BIOTECH INTERNATIONAL, INC. SEATTLE GENETICS, INC. SANGAMO BIOSCIENCES, INC. SAGENT PHARMACEUTICALS CO SHENGTAI PHARMACEUTICAL, INC. SANGUINE CORPORATION SIGMA-ALDRICH CORPORATION SIGA TECHNOLOGIES, INC. SKYSTAR BIO-PHARMACEUTICAL COMPANY SALIX PHARMACEUTICALS, LTD. SOLIGENIX, INC. SUNESIS PHARMACEUTICALS INC SYNTA PHARMACEUTICALS, INC. SANTARUS, INC. SANUWAVE HEALTH, INC. SOMAXON PHARMACEUTICALS, INC. SPECTRUM PHARMACEUTICALS INC SURMODICS, INC. SERACARE LIFE SCIENCES, INC. STEMCELLS, INC. SAVIENT PHARMACEUTICALS SYMBOLLON PHARMACEUTICALS INC A SYNALLOY CORPORATION TEARLAB CORPOARTION TECHNE CORPORATION TONGLI PHARMACEUTICALS (USA), INC. THERAVANCE, INC. TIANYIN PHARMACEUTICAL CO, INC. THERABIOGEN, INC. TARGACEPT, INC. TRANSCEPT PHARMACEUTICALS, INC. TRIUS THERAPEUTICS, INC. TRANZYME, INC. UNIGENE LABORATORIES, INC. ULURU, INC. USANA HEALTH SCIENCES, INC. UNITED THERAPEUTICS CORPORATION VICAL INCORPORATED MERIDIAN BIOSCIENCE, INC. VITRO DIAGNOSTICS, INC. VIROPHARMA, INC. VERTEX PHARMACEUTICALS WEIKANG BIO-TECHNOLOGY GROUP CO, INC. WINSTON PHARMACEUTICALS, INC. WATSON PHARMACEUTICALS INC. WORLDWIDE BIOTECH & PHARMACEUTICAL XENACARE HOLDINGS, INC. XENOPORT, INC. ZOGENIX, INC. ZALICUS, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SIC CODE 2833 ALBANY MOLECULAR RESEARCH, INC. BOND LABORATORIES, INC. 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MOLYCORP, INC. OWENS-CORNING, INC. PEOPLE'S UNITED FINANCIAL, INC. PRINCETON REVIEW, INC. S1 CORPORATION STEEL DYNAMICS INC U.S RARE EARTH MINERALS INC EXIDE TECHNOLOGIES, INC. SIC CODE 3291 ARRIS GROUP, INC. CALGON CARBON CORPORATION CELANESE CORPORATION CHINA GENGSHENG MINERALS EXCEL TRUST, INC. GLOBAL AXCESS CORPORATION IMPERIAL INDUSTRIES, INC. PEOPLE'S UNITED FINANCIAL, INC. PRINCETON REVIEW, INC. S1 CORPORATION STEEL DYNAMICS INC EXIDE TECHNOLOGIES, INC. SIC CODE 33 ALCOA INC AK STEEL HOLDING CORPORATION AMPCO-PITTSBURGH CORPORATION ALPINE GROUP, INC. APOLLO SOLAR ENERGY, INC. ALLEGHENY TECHNOLOGIES INC BELDEN, INC. GENERAL CABLE CORPORATION DYNAMIC MATERIALS CORPORATION CENTURY ALUMINUM COMPANY COMMERCIAL METALS COMPANY CHINA PRECISION STEEL, INC. CARPENTER TECHNOLOGY CORPORATION CURTISS-WRIGHT CORPORATION DYNARESOURCES, INC. FRIEDMAN INDUSTRIES FUSHI COPPERWELD, INC. CORNING INC GENERAL STEEL HOLDINGS, INC. HAYNES INTERNATIONAL, INC. HANDY & HARMAN LTD. HEARTLAND, INC. INSTEEL INDUSTRIES, INC. INTERNATIONAL WIRE GROUP HOLDINGS INC KAISER ALUMINUM CORPORATION KEYSTONE CONSOLIDATED INDUSTRIES LONGHAI STEEL, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report LIHUA INTERNATIONAL INC MATTHEWS INTERNATIONAL CORPORATION A METALICO, INC. MUELLER INDUSTRIES INC MATERION CORP NEXXUS LIGHTING, INC. A NORANDA ALUMINUM HOLDING CORP NUCOR CORP. NORTHWEST PIPE COMPANY QUANEX BUILDING PRODUCTS CORP OPTICAL CABLE CORPORATION OM GROUP, INC. PRECISION CASTPARTS CORP. PREFORMED LINE PRODUCTS COMPANY STURM, RUGER & COMPANY GIBRALTAR INDUSTRIES INC RTI INTERNATIONAL METALS, INC. SCHNITZER STEEL INDUSTRIES, INC. A STEEL DYNAMICS INC SUTOR TECHNOLOGY GROUP, LTD. STILLWATER MINING COMPANY SUNCOKE ENERGY INC SYNALLOY CORPORATION THERMODYNETICS, INC. TREDEGAR CORPORATION TITANIUM METALS CORPORATION TITAN INTERNATIONAL, INC. TEXAS INDUSTRIES INC UNITED STATES ANTIMONY CORPORATION UNIVERSAL STAINLESS & ALLOY PRODUCTS ENCORE WIRE CORPORATION WORTHINGTON INDUSTRIES UNITED STATES STEEL CORPORATION HORSEHEAD HOLDING CORPORATION SIC CODE 331 AK STEEL HOLDING CORPORATION AMPCO-PITTSBURGH CORPORATION ALLEGHENY TECHNOLOGIES INC COMMERCIAL METALS COMPANY CHINA PRECISION STEEL, INC. CARPENTER TECHNOLOGY CORPORATION FRIEDMAN INDUSTRIES GENERAL STEEL HOLDINGS, INC. HAYNES INTERNATIONAL, INC. HANDY & HARMAN LTD. INSTEEL INDUSTRIES, INC. KEYSTONE CONSOLIDATED INDUSTRIES LONGHAI STEEL, INC. NUCOR CORP. NORTHWEST PIPE COMPANY GIBRALTAR INDUSTRIES INC SCHNITZER STEEL INDUSTRIES, INC. A STEEL DYNAMICS INC SUTOR TECHNOLOGY GROUP, LTD. SUNCOKE ENERGY INC SYNALLOY CORPORATION TITAN INTERNATIONAL, INC. TEXAS INDUSTRIES INC UNIVERSAL STAINLESS & ALLOY PRODUCTS WORTHINGTON INDUSTRIES UNITED STATES STEEL CORPORATION SIC CODE 3312 AK STEEL HOLDING CORPORATION COMMERCIAL METALS COMPANY CARPENTER TECHNOLOGY CORPORATION FRIEDMAN INDUSTRIES GENERAL STEEL HOLDINGS, INC. HAYNES INTERNATIONAL, INC. KEYSTONE CONSOLIDATED INDUSTRIES LONGHAI STEEL, INC. NUCOR CORP. GIBRALTAR INDUSTRIES INC SCHNITZER STEEL INDUSTRIES, INC. A STEEL DYNAMICS INC SUTOR TECHNOLOGY GROUP, LTD. SUNCOKE ENERGY INC TITAN INTERNATIONAL, INC. TEXAS INDUSTRIES INC 19 Stocks, Bonds, Bills, and Inflation UNIVERSAL STAINLESS & ALLOY PRODUCTS UNITED STATES STEEL CORPORATION SIC CODE 333 ALCOA INC APOLLO SOLAR ENERGY, INC. ALLEGHENY TECHNOLOGIES INC KAISER ALUMINUM CORPORATION MATERION CORP NORANDA ALUMINUM HOLDING CORP STILLWATER MINING COMPANY UNITED STATES ANTIMONY CORPORATION ENCORE WIRE CORPORATION HORSEHEAD HOLDING CORPORATION SIC CODE 3339 APOLLO SOLAR ENERGY, INC. ALLEGHENY TECHNOLOGIES INC MATERION CORP STILLWATER MINING COMPANY UNITED STATES ANTIMONY CORPORATION HORSEHEAD HOLDING CORPORATION SIC CODE 335 ALCOA INC ALPINE GROUP, INC. BELDEN, INC. GENERAL CABLE CORPORATION CENTURY ALUMINUM COMPANY FUSHI COPPERWELD, INC. CORNING INC INTERNATIONAL WIRE GROUP HOLDINGS INC KAISER ALUMINUM CORPORATION LIHUA INTERNATIONAL INC MUELLER INDUSTRIES INC NEXXUS LIGHTING, INC. A QUANEX BUILDING PRODUCTS CORP OPTICAL CABLE CORPORATION PREFORMED LINE PRODUCTS COMPANY RTI INTERNATIONAL METALS, INC. TREDEGAR CORPORATION SIC CODE 3357 ALPINE GROUP, INC. BELDEN, INC. GENERAL CABLE CORPORATION FUSHI COPPERWELD, INC. CORNING INC INTERNATIONAL WIRE GROUP HOLDINGS INC NEXXUS LIGHTING, INC. A OPTICAL CABLE CORPORATION PREFORMED LINE PRODUCTS COMPANY SIC CODE 339 DYNAMIC MATERIALS CORPORATION CURTISS-WRIGHT CORPORATION DYNARESOURCES, INC. MATERION CORP THERMODYNETICS, INC. SIC CODE 34 ACME UNITED CORPORATION AMERICAN ELECTRIC TECHNOLOGIES, INC. AGR TOOLS, INC. ALBANY INTERNATIONAL CORPORATION AMERICAN METAL & TECHNOLOGY, INC. ALLIANT TECHSYSTEMS INC AXIUS INC. AZZ, INC. BARNES GROUP, INC. BEAM INC BALL CORPORATION BLOUNT INTERNATIONAL INC. CROWN HOLDINGS INC CIRCOR INTERNATIONAL, INC. COMPX INTERNATIONAL, INC. COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CRANE COMPANY CLEAR SKIES HOLDINGS, INC. CARLISLE COMPANIES, INC. CONTINENTAL MATERIALS CORPORATION CHINA VALVES TECHNOLOGY, INC. CYTEC INDUSTRIES DEWEY ELECTRONICS CORPORATION DANAHER CORPORATION ENVIRONMENTAL INFRASTRUCTURE HOLDINGS EASTERN CO EMERSON ELECTRIC CO. EATON CORP EXOUSIA ADVANCED MATERIALS, INC. L.B. FOSTER COMPANY A GRIFFON CORPORATION CHART INDUSTRIES, INC. SMARTHEAT, INC. HANDY & HARMAN LTD. HNI CORPORATION HARSCO CORPORATION ILLINOIS TOOL WORKS INC KEYSTONE CONSOLIDATED INDUSTRIES LENNOX INTERNATIONAL, INC. LAPIS TECHNOLOGIES, INC. LIQUIDMETAL TECHNOLOGIES, INC. MASCO CORPORATION MATERIAL SCIENCES CORPORATION MATTHEWS INTERNATIONAL CORPORATION A METALICO, INC. MFRI INC MOBILE MINI INC M LINE HOLDINGS, INC. MATERION CORP METWOOD, INC. MUELLER WATER PRODUCTS, INC. NCI BUILDING SYSTEMS, INC. NATIONAL PRESTO INDUSTRIES NORTHERN TECHNOLOGIES INTERNATIONAL OMEGA FLEX, INC. PRECISION CASTPARTS CORP. PGT, INC. PARKER HANNIFIN CORPORATION PHOENIX INTERNATIONAL VENTURES, INC. PARK-OHIO HOLDINGS CORP STURM, RUGER & COMPANY REAL GOODS SOLAR INC. L.S. STARRETT COMPANY SES SOLAR, INC. SHAW GROUP INC SAUER-DANFOSS, INC. SILGAN HOLDINGS, INC. SNAP-ON, INC. SUN HYDRAULICS, INC. SIMPSON MANUFACTURING SERVOTRONICS, INC. SMITH & WESSON HOLDING CORPORATION STANLEY BLACK & DECKER INC STANDEX INTERNATIONAL CORPORATION TASER INTERNATIONAL, INC. THT HEAT TRANSFER TECHNOLOGY, INC. TECHPRECISION CORP TRIMAS CORPORATION UNITED CAPITAL CORP. UNIVERSAL SOLAR TECHNOLOGY, INC. SHENGKAI INNOVATIONS, INC. VALMONT INDUSTRIES, INC. WESTINGHOUSE SOLAR INC WALTER ENERGY INC WORTHINGTON INDUSTRIES WATTS WATER TECHNOLOGIES, INC. SIC CODE 342 ACME UNITED CORPORATION BLOUNT INTERNATIONAL INC. DANAHER CORPORATION EASTERN CO EMERSON ELECTRIC CO. MATTHEWS INTERNATIONAL CORPORATION A PARK-OHIO HOLDINGS CORP L.S. STARRETT COMPANY SNAP-ON, INC. SIMPSON MANUFACTURING SERVOTRONICS, INC. STANLEY BLACK & DECKER INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SIC CODE 3429 EASTERN CO MATTHEWS INTERNATIONAL CORPORATION A PARK-OHIO HOLDINGS CORP L.S. STARRETT COMPANY SIMPSON MANUFACTURING STANLEY BLACK & DECKER INC SIC CODE 343 AXIUS INC. BEAM INC CLEAR SKIES HOLDINGS, INC. CONTINENTAL MATERIALS CORPORATION SMARTHEAT, INC. HNI CORPORATION LENNOX INTERNATIONAL, INC. MASCO CORPORATION OMEGA FLEX, INC. REAL GOODS SOLAR INC. SES SOLAR, INC. UNIVERSAL SOLAR TECHNOLOGY, INC. WESTINGHOUSE SOLAR INC SIC CODE 3433 AXIUS INC. CLEAR SKIES HOLDINGS, INC. CONTINENTAL MATERIALS CORPORATION SMARTHEAT, INC. LENNOX INTERNATIONAL, INC. REAL GOODS SOLAR INC. SES SOLAR, INC. UNIVERSAL SOLAR TECHNOLOGY, INC. WESTINGHOUSE SOLAR INC SIC CODE 344 AMERICAN ELECTRIC TECHNOLOGIES, INC. ALBANY INTERNATIONAL CORPORATION GRIFFON CORPORATION CHART INDUSTRIES, INC. HARSCO CORPORATION MOBILE MINI INC METWOOD, INC. NCI BUILDING SYSTEMS, INC. PGT, INC. STANDEX INTERNATIONAL CORPORATION THT HEAT TRANSFER TECHNOLOGY, INC. TECHPRECISION CORP TRIMAS CORPORATION VALMONT INDUSTRIES, INC. SIC CODE 346 ILLINOIS TOOL WORKS INC KEYSTONE CONSOLIDATED INDUSTRIES MATERION CORP PRECISION CASTPARTS CORP. SILGAN HOLDINGS, INC. TRIMAS CORPORATION WORTHINGTON INDUSTRIES SIC CODE 347 AZZ, INC. CYTEC INDUSTRIES ENVIRONMENTAL INFRASTRUCTURE HOLDINGS EXOUSIA ADVANCED MATERIALS, INC. HANDY & HARMAN LTD. LIQUIDMETAL TECHNOLOGIES, INC. MATERIAL SCIENCES CORPORATION NCI BUILDING SYSTEMS, INC. NORTHERN TECHNOLOGIES INTERNATIONAL SIC CODE 3479 AZZ, INC. CYTEC INDUSTRIES EXOUSIA ADVANCED MATERIALS, INC. HANDY & HARMAN LTD. LIQUIDMETAL TECHNOLOGIES, INC. MATERIAL SCIENCES CORPORATION NCI BUILDING SYSTEMS, INC. NORTHERN TECHNOLOGIES INTERNATIONAL SIC CODE 348 ALLIANT TECHSYSTEMS INC LAPIS TECHNOLOGIES, INC. NATIONAL PRESTO INDUSTRIES PHOENIX INTERNATIONAL VENTURES, INC. 20 Stocks, Bonds, Bills, and Inflation STURM, RUGER & COMPANY SMITH & WESSON HOLDING CORPORATION TASER INTERNATIONAL, INC. SIC CODE 349 AGR TOOLS, INC. AMERICAN METAL & TECHNOLOGY, INC. BARNES GROUP, INC. CIRCOR INTERNATIONAL, INC. COMPX INTERNATIONAL, INC. COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CRANE COMPANY CARLISLE COMPANIES, INC. CHINA VALVES TECHNOLOGY, INC. DEWEY ELECTRONICS CORPORATION EATON CORP L.B. FOSTER COMPANY A METALICO, INC. MFRI INC M LINE HOLDINGS, INC. MUELLER WATER PRODUCTS, INC. PARKER HANNIFIN CORPORATION SHAW GROUP INC SAUER-DANFOSS, INC. SUN HYDRAULICS, INC. UNITED CAPITAL CORP. SHENGKAI INNOVATIONS, INC. WALTER ENERGY INC WATTS WATER TECHNOLOGIES, INC. SIC CODE 3491 CIRCOR INTERNATIONAL, INC. COMPX INTERNATIONAL, INC. CHINA VALVES TECHNOLOGY, INC. MUELLER WATER PRODUCTS, INC. SHENGKAI INNOVATIONS, INC. SIC CODE 3492 CIRCOR INTERNATIONAL, INC. EATON CORP PARKER HANNIFIN CORPORATION SAUER-DANFOSS, INC. SUN HYDRAULICS, INC. SIC CODE 3499 AGR TOOLS, INC. AMERICAN METAL & TECHNOLOGY, INC. BARNES GROUP, INC. COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CRANE COMPANY CARLISLE COMPANIES, INC. DEWEY ELECTRONICS CORPORATION METALICO, INC. M LINE HOLDINGS, INC. UNITED CAPITAL CORP. WATTS WATER TECHNOLOGIES, INC. SIC CODE 35 AMERICAN COMMERCE SOLUTIONS, INC. AAON, INC. APPLE, INC. ACCO BRANDS CORP ACL SEMICONDUCTORS, INC. AXCELIS TECHNOLOGIES, INC. ACRO, INC. ADEPT TECHNOLOGY, INC. AGCO CORP AGRISOLAR SOLUTIONS, INC. ALTRA HOLDINGS, INC. ALAMO GROUP INC. ASTRO-MED, INC. AMERICAN INTERNATIONAL INDUSTRIES, INC. AMPCO-PITTSBURGH CORPORATION AIR PRODUCTS & CHEMICALS INC ART'S-WAY MANUFACTURING CO., INC. ARROW ELECTRONICS INC ARISTA POWER INC ASTEC INDUSTRIES, INC. ATMEL CORPORATION ACTUANT CORP A AVISTAR COMMUNICATIONS CORPORATION AVT INC BLACK BOX CORPORATION BRUNSWICK CORPORATION BLUE COAT SYSTEMS, INC. BRIGGS & STRATTON CORPORATION BAKER HUGHES INC. BIO-KEY INTERNATIONAL, INC. BALDWIN TECHNOLOGY COMPANY, INC. A BALQON CORPORATION BOLT TECHNOLOGY CORPORATION DYNAMIC MATERIALS CORPORATION BROCADE COMMUNICATIONS SYSTEMS INC BROOKS AUTOMATION, INC. BTU INTERNATIONAL, INC. BABCOCK & WILCOX CO BROADWIND ENERGY, INC. CAMERON INTERNATIONAL CORPORATION CASCADE CORPORATION CATERPILLAR INC CONCURRENT COMPUTER CORPORATION CECO ENVIRONMENTAL COLFAX CORPORATION CHINA GENGSHENG MINERALS COMMUNICATION INTELLIGENCE CORPORATION CLEANTECH SOLUTIONS INTERNATIONAL INC COLUMBUS MCKINNON CORPORATION CUMMINS, INC. CHINA POWER TECHNOLOGY, INC. COPYTELE, INC. COPSYNC, INC. CAPSTONE TURBINE CORPORATION CRAY, INC. CISCO SYSTEMS INC CARLISLE COMPANIES, INC. CLEANTECH INNOVATIONS, INC. CHINA TRACTOR HOLDINGS, INC. CONTINENTAL MATERIALS CORPORATION CHICAGO RIVET & MACHINE CO. CVD EQUIPMENT CORPORATION CURTISS-WRIGHT CORPORATION CHINA WIND ENERGY, INC. CYMER, INC. DIEBOLD INCORPORATED DONALDSON COMPANY, INC. DOCUMENT CAPTURE TECHNOLOGIES, INC. DEERE & CO DELL INC DIGI INTERNATIONAL DIGITILITI, INC. DOVER CORPORATION DEEP DOWN, INC. DATARAM CORPORATION DRIL-QUIP, INC. A CLEAN SLATE, INC. EAU TECHNOLOGIES, INC. ELECTRONICS FOR IMAGING INC EMULEX CORPORATION EMERSON ELECTRIC CO. ENERGY RECOVERY, INC. ECOSPHERE TECHNOLOGIES, INC. EATON CORP ENVIROSTAR INC ENVIRO VORAXIAL TECHNOLOGY, INC. EXTERRAN HOLDINGS, INC. EXTREME NETWORKS, INC. FRANKLIN ELECTRIC CO. FUSION-IO INC FLANDERS CORPORATION FLOW INTERNATIONAL CORPORATION FLOWSERVE CORPORATION FSI INTERNATIONAL, INC. FMC TECHNOLOGIES, INC. FLOTEK INDUSTRIES, INC. GARB-OIL & POWER CORPORATION GLOBAL RESOURCE CORPORATION GLOBOTEK HOLDINGS, INC. 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KAYDON CORPORATION KENNAMETAL INC. KOKO LTD. KEY TRONIC CORPORATION KEY TECHNOLOGY INC. LYDALL, INC. LINCOLN ELECTRIC HOLDINGS, INC. LEXON TECHNOLOGIES LENNOX INTERNATIONAL, INC. L & L ENERGY, INC. LINDSAY CORP LAM RESEARCH CORPORATION LANTRONIX, INC. LUFKIN INDUSTRIES, INC. LEXMARK INTERNATIONAL, INC. LSB INDUSTRIES, INC. MDU RESOURCES GROUP INC MFRI INC MEGOLA, INC. MIDDLEBY CORPORATION MOOG, INC. B MET-PRO CORPORATION MATRIX SERVICE COMPANY MTS SYSTEMS CORPORATION MATTSON TECHNOLOGY NAVISTAR INTERNATIONAL CORP NACCO INDUSTRIES, INC. NCR CORPORATION NATIONAL DATACOMPUTER, INC. NORDSON CORPORATION NATURAL GAS SERVICES GROUP, INC. NN, INC. NATIONAL OILWELL VARCO, INC. ENPRO INDUSTRIES, INC. NEWPARK RESOURCES, INC. NETAPP, INC. NOVELLUS SYSTEMS, INC. OCZ TECHNOLOGY GROUP INC. OIL STATES INTERNATIONAL, INC. OMNICELL, INC. ORMAT TECHNOLOGIES, INC. OSHKOSH CORPORATION 21 Stocks, Bonds, Bills, and Inflation OTTER TAIL CORPORATION OVERLAND STORAGE, INC. PAR TECHNOLOGY CORP. VERIFONE SYSTEMS, INC. PITNEY BOWES INC PREMIER OIL FIELD SERVICES INC P & F INDUSTRIES, INC. A PACIFIC SANDS, INC. PALL CORPORATION EPLUS, INC. PMFG, INC. PENTAIR, INC. PREMIER POWER RENEWABLE ENERGY, INC. PRIMORIS SERVICES CORPORATION PRESSTEK, INC. PERFORMANCE TECHNOLOGIES, INC. QLOGIC CORPORATION QUANTUM CORPORATION RAVEN INDUSTRIES, INC. REGAL-BELOIT CORPORATION ROBBINS & MYERS, INC. ROWAN COMPANIES, INC. RICHARDSON ELECTRONICS RPC, INC. RINO INTERNATIONAL CORPORATION RBC BEARINGS, INC. RADISYS CORPORATION RIVERBED TECHNOLOGY, INC. SOCKET MOBILE, INC. SEACHANGE INTERNATIONAL, INC. SILICON GRAPHICS INTERNATIONAL CORP. SAUER-DANFOSS, INC. SIFCO INDUSTRIES, INC. SUPER MICRO COMPUTER, INC. SANDISK CORP SPX CORPORATION STRATASYS STEC, INC. STRASBAUGH STANLEY BLACK & DECKER INC STEEL EXCEL INC STANDEX INTERNATIONAL CORPORATION SEYCHELLE ENVIRONMENTAL TECHNOLOGIES, INC. TRANSACT TECHNOLOGIES, INC. TAYLOR DEVICES TERADATA CORPORATION TEREX CORP TEGAL CORPORATION TIMKEN COMPANY TENNANT COMPANY TN-K ENERGY GROUP, INC. TURKPOWER CORP TRIMAS CORPORATION TRIO-TECH INTERNATIONAL TORO COMPANY TWIN DISC, INC. US AEROSPACE, INC. USA TECHNOLOGIES, INC. ULTRATECH, INC. VEECO INSTRUMENTS INC WAVE SYSTEMS CORPORATION A WESTERN DIGITAL CORPORATION WILLDAN GROUP, INC. XINDE TECHNOLOGY CO WUHAN GENERAL GROUP, INC. XATA CORPORATION XPLORE TECHNOLOGIES CORPORATION CLASS A XZERES CORP XEROX CORPORATION XYLEM INC ZEBRA TECHNOLOGIES CORPORATION ZYGO CORPORATION SIC CODE 351 ARISTA POWER INC BRUNSWICK CORPORATION BRIGGS & STRATTON CORPORATION BABCOCK & WILCOX CO CUMMINS, INC. CLEANTECH INNOVATIONS, INC. CHINA WIND ENERGY, INC. GC CHINA TURBINE CORP. ENPRO INDUSTRIES, INC. ORMAT TECHNOLOGIES, INC. PREMIER POWER RENEWABLE ENERGY, INC. XZERES CORP SIC CODE 3511 BABCOCK & WILCOX CO CHINA WIND ENERGY, INC. GC CHINA TURBINE CORP. ORMAT TECHNOLOGIES, INC. PREMIER POWER RENEWABLE ENERGY, INC. XZERES CORP SIC CODE 3519 ARISTA POWER INC BRUNSWICK CORPORATION BRIGGS & STRATTON CORPORATION CUMMINS, INC. CLEANTECH INNOVATIONS, INC. ENPRO INDUSTRIES, INC. SIC CODE 352 AGCO CORP AGRISOLAR SOLUTIONS, INC. ALAMO GROUP INC. ART'S-WAY MANUFACTURING CO., INC. CHINA TRACTOR HOLDINGS, INC. DEERE & CO JUHL WIND, INC. LINDSAY CORP TORO COMPANY SIC CODE 3523 AGCO CORP AGRISOLAR SOLUTIONS, INC. ALAMO GROUP INC. ART'S-WAY MANUFACTURING CO., INC. CHINA TRACTOR HOLDINGS, INC. DEERE & CO JUHL WIND, INC. LINDSAY CORP SIC CODE 353 AMERICAN INTERNATIONAL INDUSTRIES, INC. ASTEC INDUSTRIES, INC. BAKER HUGHES INC. BALQON CORPORATION BOLT TECHNOLOGY CORPORATION CAMERON INTERNATIONAL CORPORATION CASCADE CORPORATION CATERPILLAR INC CHINA GENGSHENG MINERALS COLUMBUS MCKINNON CORPORATION CARLISLE COMPANIES, INC. DEERE & CO DOVER CORPORATION DRIL-QUIP, INC. ECOSPHERE TECHNOLOGIES, INC. EATON CORP FMC TECHNOLOGIES, INC. FLOTEK INDUSTRIES, INC. GLOBOTEK HOLDINGS, INC. GENCOR INDUSTRIES, INC. GULFMARK OFFSHORE, INC. H&E EQUIPMENT SERVICES, INC. JOY GLOBAL, INC. LUFKIN INDUSTRIES, INC. MDU RESOURCES GROUP INC NAVISTAR INTERNATIONAL CORP NACCO INDUSTRIES, INC. NATIONAL OILWELL VARCO, INC. NEWPARK RESOURCES, INC. OIL STATES INTERNATIONAL, INC. OSHKOSH CORPORATION PREMIER OIL FIELD SERVICES INC PRIMORIS SERVICES CORPORATION ROWAN COMPANIES, INC. RPC, INC. TEREX CORP ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SIC CODE 3531 AMERICAN INTERNATIONAL INDUSTRIES, INC. ASTEC INDUSTRIES, INC. CATERPILLAR INC COLUMBUS MCKINNON CORPORATION CARLISLE COMPANIES, INC. DEERE & CO GENCOR INDUSTRIES, INC. H&E EQUIPMENT SERVICES, INC. OSHKOSH CORPORATION PRIMORIS SERVICES CORPORATION SIC CODE 3533 BAKER HUGHES INC. BOLT TECHNOLOGY CORPORATION CAMERON INTERNATIONAL CORPORATION CHINA GENGSHENG MINERALS DRIL-QUIP, INC. ECOSPHERE TECHNOLOGIES, INC. FMC TECHNOLOGIES, INC. FLOTEK INDUSTRIES, INC. GLOBOTEK HOLDINGS, INC. GULFMARK OFFSHORE, INC. LUFKIN INDUSTRIES, INC. NATIONAL OILWELL VARCO, INC. NEWPARK RESOURCES, INC. OIL STATES INTERNATIONAL, INC. PREMIER OIL FIELD SERVICES INC ROWAN COMPANIES, INC. RPC, INC. SIC CODE 3537 BALQON CORPORATION CASCADE CORPORATION DOVER CORPORATION EATON CORP NAVISTAR INTERNATIONAL CORP NACCO INDUSTRIES, INC. TEREX CORP SIC CODE 354 DYNAMIC MATERIALS CORPORATION CLEANTECH SOLUTIONS INTERNATIONAL INC CHICAGO RIVET & MACHINE CO. HARDINGE, INC. KENNAMETAL INC. LINCOLN ELECTRIC HOLDINGS, INC. NN, INC. P & F INDUSTRIES, INC. A SPX CORPORATION STANLEY BLACK & DECKER INC US AEROSPACE, INC. SIC CODE 355 AMERICAN COMMERCE SOLUTIONS, INC. AXCELIS TECHNOLOGIES, INC. ADEPT TECHNOLOGY, INC. BALDWIN TECHNOLOGY COMPANY, INC. A BROOKS AUTOMATION, INC. BTU INTERNATIONAL, INC. CLEANTECH SOLUTIONS INTERNATIONAL INC CHINA POWER TECHNOLOGY, INC. CVD EQUIPMENT CORPORATION CYMER, INC. EAU TECHNOLOGIES, INC. 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ENERGY FOCUS, INC. HUBBELL, INC. B LIME ENERGY CO. LIGHTSCAPE TECHNOLOGIES, INC. SL INDUSTRIES, INC. STONERIDGE, INC. SUNOVIA ENERGY TECHNOLOGIES, INC. 26 Stocks, Bonds, Bills, and Inflation SIC CODE 365 AURIOS, INC. COMCAM INTERNATIONAL, INC. GEORGE FOREMAN ENTERPRISES, INC. HARMAN INTERNATIONAL INDUSTRIES, INC. ICOP DIGITAL, INC. KOSS CORPORATION LIBERTY GLOBAL, INC. B LRAD CORP EMERSON RADIO CORP. SKULLCANDY, INC. UNIVERSAL ELECTRONICS INC. SIC CODE 3651 AURIOS, INC. COMCAM INTERNATIONAL, INC. HARMAN INTERNATIONAL INDUSTRIES, INC. ICOP DIGITAL, INC. KOSS CORPORATION LIBERTY GLOBAL, INC. B LRAD CORP EMERSON RADIO CORP. SKULLCANDY, INC. UNIVERSAL ELECTRONICS INC. SIC CODE 366 ADTRAN,INC AMERICAN ELECTRIC TECHNOLOGIES, INC. ARGAN, INC. AMBIENT CORPORATION AML COMMUNICATIONS, INC. ANDREA ELECTRONICS CORPORATION ANAREN, INC. PHAZAR CORPORATION ACME PACKET, INC. APEXTALK HOLDINGS, INC. ARRIS GROUP, INC. ALTIGEN COMMUNICATIONS, INC. AXESSTEL, INC. BLONDER TONGUE LABORATORIES, INC. BREKFORD CORP CALIBRUS, INC. CALIX, INC. CALAMP CORPORATION CIENA CORPORATION CHECKPOINT SYSTEMS, INC. CLEARFIELD, INC. CLEARONE COMMUNICATIONS CORPORATION COMARCO, INC. COMTECH TELECOMMUNICATIONS CORPORATION COMVERSE TECHNOLOGY, INC. COBRA ELECTRONICS CORPORATION COHU, INC. CLAVIS TECHNOLOGIES INTL CO., LTD. CREATIVE VISTAS, INC. COVENANT GROUP OF CHINA INC. DIGITAL ALLY, INC. DIGITAL ANGEL CORPORATION DITECH NETWORKS CORPORATION DOLBY LABORATORIES, INC. DSP GROUP DIRECTV EDCI HOLDINGS, INC. EURO GROUP OF COMPANIES, INC. ELECTRONIC CONTROL SECURITY, INC. ELECTRONIC SYSTEMS TECHNOLOGY EMRISE CORPORATION ENERGY TELECOM, INC. ESCO TECHNOLOGIES, INC. EZENIA!, INC. FIRST CHINA PHARMACEUTICAL GROUP, INC. FRANKLIN WIRELESS CORPORATION GLOBECOMM SYSTEMS, INC. GTX CORPORATION HARMONIC, INC. HARRIS CORPORATION I.D. SYSTEMS, INC. INFOSMART GROUP, INC. IKANOS COMMUNICATIONS, INC. INFINERA CORPORATION ITERIS, INC. COMMUNICATIONS SYSTEMS, INC. KIT DIGITAL, INC. KVH INDUSTRIES, INC. L-3 COMMUNICATIONS HOLDINGS INC LOJACK CORPORATION LORAL SPACE & COMMUNICATIONS, INC. LATTICE INCORPORATED MERU NETWORKS, INC. MOTRICITY, INC. MOTOROLA SOLUTIONS, INC. NEONODE, INC. NIVS INTELLIMEDIA TECHNOLOGY GROUP, INC. NUMEREX NAPCO SECURITY SYSTEMS, INC. NOTIFY TECHNOLOGY CORPORATION NETGEAR, INC. NEW WORLD BRANDS, INC. NEXAIRA WIRELESS, INC. OPLINK COMMUNICATIONS, INC. ORBITAL SCIENCES CORPORATION ORSUS XELENT TECHNOLOGIES, INC. PARAMETRIC SOUND CORP POLYCOM, INC. PLANTRONICS PARKERVISION, INC. PROXIM WIRELESS CORPORATION POSITIVEID CORP PRO-TECH INDUSTRIES INC PATRIOT SCIENTIFIC CORPORATION POWERWAVE TECHNOLOGIES, INC. QUANTA SERVICES, INC. QUALCOMM, INC. RF INDUSTRIES, LTD. RF MONOLITHICS REALD INC. RAPTOR NETWORKS TECHNOLOGY, INC. RELM WIRELESS CORPORATION ECHOSTAR CORP SYCAMORE NETWORKS, INC. SUPERCONDUCTOR TECHNOLOGIES, INC. SEACHANGE INTERNATIONAL, INC. SHORETEL, INC. SYMMETRICOM INC. TRANSAKT LTD. DRI CORPORATION TECHNICAL COMMUNICATIONS CORP 3DICON CORPORATION TELEDYNE TECHNOLOGIES INC TELVUE CORPORATION TEKELEC TELLABS, INC. TELANETIX, INC. TELESTONE TECHNOLOGIES CORPORATION UBIQUITI NETWORKS INC US HIGHLAND, INC. VGTEL INCORPORATED VISUAL MANAGEMENT SYSTEM VIASAT INC WELLS-GARDNER ELECTRONIC WORLDGATE COMMUNICATIONS, INC. WEGENER CORPORATION WPCS INTERNATIONAL, INC. TELULAR CORPORATION WORLD SURVEILLANCE GROUP INC WESTELL TECHNOLOGIES, INC. A WIRELESS TELECOM GROUP, INC. WUHAN GENERAL GROUP, INC. EXELIS INC ZHONE TECHNOLOGIES, INC. ZOOM TECHNOLOGIES, INC. SIC CODE 3661 ADTRAN,INC AMERICAN ELECTRIC TECHNOLOGIES, INC. ALTIGEN COMMUNICATIONS, INC. CALIX, INC. CIENA CORPORATION ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report COMVERSE TECHNOLOGY, INC. DITECH NETWORKS CORPORATION EURO GROUP OF COMPANIES, INC. FRANKLIN WIRELESS CORPORATION IKANOS COMMUNICATIONS, INC. INFINERA CORPORATION COMMUNICATIONS SYSTEMS, INC. LATTICE INCORPORATED NEONODE, INC. NOTIFY TECHNOLOGY CORPORATION NETGEAR, INC. OPLINK COMMUNICATIONS, INC. ORSUS XELENT TECHNOLOGIES, INC. POLYCOM, INC. PLANTRONICS RF INDUSTRIES, LTD. SYCAMORE NETWORKS, INC. SHORETEL, INC. SYMMETRICOM INC. TRANSAKT LTD. TELVUE CORPORATION TELLABS, INC. US HIGHLAND, INC. WORLDGATE COMMUNICATIONS, INC. WESTELL TECHNOLOGIES, INC. A WUHAN GENERAL GROUP, INC. ZHONE TECHNOLOGIES, INC. ZOOM TECHNOLOGIES, INC. SIC CODE 3663 ANDREA ELECTRONICS CORPORATION ANAREN, INC. PHAZAR CORPORATION ARRIS GROUP, INC. BLONDER TONGUE LABORATORIES, INC. CALAMP CORPORATION CLEARONE COMMUNICATIONS CORPORATION COMARCO, INC. COMTECH TELECOMMUNICATIONS CORPORATION COBRA ELECTRONICS CORPORATION COHU, INC. DIGITAL ALLY, INC. DOLBY LABORATORIES, INC. DIRECTV EDCI HOLDINGS, INC. FIRST CHINA PHARMACEUTICAL GROUP, INC. GLOBECOMM SYSTEMS, INC. GTX CORPORATION HARMONIC, INC. HARRIS CORPORATION INFOSMART GROUP, INC. KIT DIGITAL, INC. KVH INDUSTRIES, INC. L-3 COMMUNICATIONS HOLDINGS INC LORAL SPACE & COMMUNICATIONS, INC. MOTRICITY, INC. MOTOROLA SOLUTIONS, INC. NIVS INTELLIMEDIA TECHNOLOGY GROUP, INC. ORBITAL SCIENCES CORPORATION PARKERVISION, INC. PROXIM WIRELESS CORPORATION POWERWAVE TECHNOLOGIES, INC. QUALCOMM, INC. RF MONOLITHICS REALD INC. RELM WIRELESS CORPORATION ECHOSTAR CORP SUPERCONDUCTOR TECHNOLOGIES, INC. SEACHANGE INTERNATIONAL, INC. TECHNICAL COMMUNICATIONS CORP TELEDYNE TECHNOLOGIES INC TEKELEC UBIQUITI NETWORKS INC VIASAT INC WELLS-GARDNER ELECTRONIC WEGENER CORPORATION TELULAR CORPORATION 27 Stocks, Bonds, Bills, and Inflation SIC CODE 3669 ARGAN, INC. AMBIENT CORPORATION AML COMMUNICATIONS, INC. ACME PACKET, INC. APEXTALK HOLDINGS, INC. AXESSTEL, INC. BREKFORD CORP CALIBRUS, INC. CHECKPOINT SYSTEMS, INC. CLEARFIELD, INC. CLAVIS TECHNOLOGIES INTL CO., LTD. CREATIVE VISTAS, INC. COVENANT GROUP OF CHINA INC. DIGITAL ANGEL CORPORATION DSP GROUP ELECTRONIC CONTROL SECURITY, INC. ELECTRONIC SYSTEMS TECHNOLOGY EMRISE CORPORATION ENERGY TELECOM, INC. ESCO TECHNOLOGIES, INC. EZENIA!, INC. I.D. SYSTEMS, INC. INFOSMART GROUP, INC. ITERIS, INC. LOJACK CORPORATION MERU NETWORKS, INC. NUMEREX NAPCO SECURITY SYSTEMS, INC. NEW WORLD BRANDS, INC. NEXAIRA WIRELESS, INC. PARAMETRIC SOUND CORP POSITIVEID CORP PRO-TECH INDUSTRIES INC PATRIOT SCIENTIFIC CORPORATION QUANTA SERVICES, INC. RAPTOR NETWORKS TECHNOLOGY, INC. DRI CORPORATION 3DICON CORPORATION TELANETIX, INC. TELESTONE TECHNOLOGIES CORPORATION VGTEL INCORPORATED VISUAL MANAGEMENT SYSTEM WPCS INTERNATIONAL, INC. WORLD SURVEILLANCE GROUP INC WIRELESS TELECOM GROUP, INC. EXELIS INC SIC CODE 367 ACORN ENERGY, INC. ANALOG DEVICES INC ADVANCED ENERGY INDUSTRIES, INC. ALLIANCE FIBER OPTIC PRODUCTS, INC. AIVTECH INTERNATIONAL GROUP CO ARKADOS GROUP, INC. ALTERA CORP. APPLIED MATERIALS, INC. APPLIED MICRO CIRCUITS CORPORATION ADVANCED MICRO DEVICES INC AMKOR TECHNOLOGY INC AMSC ANADIGICS, INC. AIR PRODUCTS & CHEMICALS INC AMPHENOL CORP ADVANCED PHOTONIX INC. ARRIS GROUP, INC. APOLLO SOLAR ENERGY, INC. ASCENT SOLAR TECHNOLOGIES, INC. AMTECH SYSTEMS, INC. ATMEL CORPORATION API TECHNOLOGIES CORP AETRIUM INCORPORATED AUTHENTEC, INC. AVX CORPORATION AWARE, INC. AXT, INC. AZZ, INC. BEL FUSE, INC. A BEFUT INTERNATIONAL CO., LTD. BENCHMARK ELECTRONICS BROADCOM CORPORATION BROOKS AUTOMATION, INC. CAVIUM INC CABOT MICROELECTRONICS CORPORATION CEVA, INC. CIRALIGHT GLOBAL, INC. CIRTRAN CORPORATION CONOLOG CORPORATION SPANSION INC CLASS A COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CREE, INC. CIRRUS LOGIC, INC. CTS CORPORATION CUI GLOBAL, INC. CYPRESS SEMICONDUCTOR CORPORATION CYBERLUX CORP DATA I/O CORPORATION DDI CORPORATION DIGUANG INTERNAT DEVL CO DGT HOLDINGS CORP DIODES INC. DIONICS, INC. DIGITAL POWER CORPORATION E DIGITAL CORPORATION EMAGIN CORPORATION EMCORE CORPORATION EMRISE CORPORATION ENERGY CONVERSION DEVICES, INC. ENTORIAN TECHNOLOGIES, INC. ENTROPIC COMMUNICATIONS, INC. ESPEY MANUFACTURING & ELECTRONICS EASY ENERGY, INC. ELECSYS CORPORATION ENVISION SOLAR INTERNATIONAL, INC. EXAR CORPORATION FAIRCHILD SEMICONDUCTOR INTERNATIONAL INC FINISAR CORPORATION FORMFACTOR, INC. FIRST SOLAR, INC. GIGOPTIX, INC. GSI TECHNOLOGY, INC. GT ADVANCED TECHNOLOGIES INC HITTITE MICROWAVE CORPORATION HUTCHINSON TECHNOLOGY INTELLICHECK MOBILISA, INC. INTEGRATED DEVICE TECHNOLOGY IEC ELECTRONICS CORP. IEH CORPORATION INTRICON CORPORATION II-VI, INC. INTERMOLECULAR INC INTEL CORP INNOVATIVE CARD TECHNOLOGIES, INC. INVENSENSE INC IPG PHOTONICS CORPORATION INPHI CORP INTERNATIONAL RECTIFIER IRVINE SENSORS CORP. INTERSIL CORPORATION INTEGRATED SILICON SOLUTION, INC. IXYS CORPORATION JABIL CIRCUIT, INC. JDS UNIPHASE CORP (CA) KEMET CORPORATION KLA-TENCOR CORPORATION KULICKE & SOFFA INDUSTRIES INC KENERGY SCIENTIFIC, INC. KOPIN CORPORATION SEMILEDS CORP LGL GROUP, INC. LINEAR TECHNOLOGY LOGIC DEVICES INC. LIGHTPATH TECHNOLOGIES, INC. A LATTICE SEMICONDUCTOR LSI CORPORATION ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report MAGNETEK MICROCHIP TECHNOLOGY, INC. MICREL, INC. METHODE ELECTRONICS, INC. A MEMSIC, INC. MICROWAVE FILTER COMPANY INC. MULTI-FINELINE ELECTRONIX, INC. MIPS TECHNOLOGIES, INC. MOLEX, INC. MOSYS, INC. MICROPAC INDUSTRIES, INC. MONOLITHIC POWER SYSTEMS, INC. MERCURY COMPUTER SYSTEMS, INC. MRV COMMUNICATIONS INC. MICROSEMI CORP MINDSPEED TECHNOLOGIES, INC. MICRON TECHNOLOGY, INC. MICROVISION, INC. MAGNACHIP SEMICONDUCTOR CORP MAXIM INTEGRATED PRODUCTS INC. MAXLINEAR, INC. MAXWELL TECHNOLOGIES, INC. NETLOGIC MICROSYSTEMS, INC. NEOMAGIC CORPORATION MICRONETICS, INC. NEOPHOTONICS CORP. NORTECH SYSTEMS INCORPORATED NVIDIA CORPORATION NVE CORPORATION NOVELLUS SYSTEMS, INC. ON SEMICONDUCTOR CORPORATION OPTI, INC. OPNEXT, INC. ORBIT INTERNATIONAL CORP. OSI SYSTEMS, INC. OMNIVISION TECHNOLOGIES, INC. UNIVERSAL DISPLAY CORPORATION POWER EFFICIENCY CORPORATION PERFECTENERGY INTL LTD. PRIME GLOBAL CAPITAL GROUP, INC. PHOTONICS PRODUCTS GROUP, INC. PARK ELECTROCHEMICAL CORP. PHOTRONICS INC. PLANAR SYSTEMS, INC. PLUG POWER, INC. PLEXUS CORP. PLX TECHNOLOGY, INC. PMC-SIERRA, INC. PROBE MANUFACTURING, INC. POWER INTEGRATIONS, INC. PERICOM SEMICONDUCTOR CORPORATION PULSE ELECTRONICS CORP POWER-ONE, INC. POWER-SAVE ENERGY COMPANY PIXELWORKS, INC. QUICKLOGIC CORPORATION RUBICON TECHNOLOGY, INC. RF INDUSTRIES, LTD. RF MICRO DEVICES, INC. RAMBUS, INC. RAMTRON INTERNATIONAL CORPORATION ROCKFORD CORPORATION ROGERS CORPORATION SANMINA-SCI CORP SATCON TECHNOLOGY CORPORATION SCI ENGINEERED MATERIALS, INC. SEVCON INC SIGMATRON INTERNATIONAL SIGMA DESIGNS, INC. SILICON IMAGE, INC. SILICON LABORATORIES, INC. SL INDUSTRIES, INC. SINGING MACHINE COMPANY, INC. STANDARD MICROSYSTEMS CORPORATION SEMTECH CORPORATION SMTC CORPORATION SOLAR ENERGY INITIATIVES, INC. SOLITRON DEVICES, INC. 28 Stocks, Bonds, Bills, and Inflation SOLAR ENERTECH CORP SPIRE CORPORATION SUNPOWER CORPORATION SUPERTEX, INC. SKYWORKS SOLUTIONS, INC. STANDEX INTERNATIONAL CORPORATION TEL INSTRUMENT ELECTRONICS CORPORATION THOMAS & BETTS CORPORATION TRIQUINT SEMICONDUCTOR TRIDENT MICROSYSTEMS INC. TESSERA TECHNOLOGIES, INC. TOROTEL, INC. TTM TECHNOLOGIES, INC. TRANSWITCH CORPORATION TEXAS INSTRUMENTS, INC. ULTRA CLEAN HOLDINGS, INC. UNI-PIXEL, INC. UQM TECHNOLOGIES, INC. VIASYSTEMS GROUP, INC. VICOR CORPORATION VIDEO DISPLAY CORPORATION VICON INDUSTRIES INC. VOLTERRA SEMICONDUCTOR CORPORATION VISHAY PRECISION GROUP, INC. VERITEC, INC. VISHAY INTERTECHNOLOGY, INC. VITESSE SEMICONDUCTOR CORP VUZIX CORPORATION MEMC ELECTRONIC MATERIALS INC XILINX INC SIC CODE 3672 BENCHMARK ELECTRONICS CIRTRAN CORPORATION COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL DDI CORPORATION IEC ELECTRONICS CORP. JABIL CIRCUIT, INC. MULTI-FINELINE ELECTRONIX, INC. PARK ELECTROCHEMICAL CORP. PLEXUS CORP. PROBE MANUFACTURING, INC. ROGERS CORPORATION SANMINA-SCI CORP SIGMATRON INTERNATIONAL SMTC CORPORATION TTM TECHNOLOGIES, INC. VIASYSTEMS GROUP, INC. VICOR CORPORATION SIC CODE 3674 ACORN ENERGY, INC. ANALOG DEVICES INC ALLIANCE FIBER OPTIC PRODUCTS, INC. ARKADOS GROUP, INC. ALTERA CORP. APPLIED MATERIALS, INC. APPLIED MICRO CIRCUITS CORPORATION ADVANCED MICRO DEVICES INC AMKOR TECHNOLOGY INC AMSC ANADIGICS, INC. AIR PRODUCTS & CHEMICALS INC ADVANCED PHOTONIX INC. APOLLO SOLAR ENERGY, INC. ASCENT SOLAR TECHNOLOGIES, INC. AMTECH SYSTEMS, INC. ATMEL CORPORATION API TECHNOLOGIES CORP AETRIUM INCORPORATED AUTHENTEC, INC. AWARE, INC. AXT, INC. BROADCOM CORPORATION BROOKS AUTOMATION, INC. CAVIUM INC CABOT MICROELECTRONICS CORPORATION CEVA, INC. SPANSION INC CLASS A CREE, INC. CIRRUS LOGIC, INC. CUI GLOBAL, INC. CYPRESS SEMICONDUCTOR CORPORATION CYBERLUX CORP DIODES INC. DIONICS, INC. E DIGITAL CORPORATION EMAGIN CORPORATION EMCORE CORPORATION ENERGY CONVERSION DEVICES, INC. ENTORIAN TECHNOLOGIES, INC. ENTROPIC COMMUNICATIONS, INC. ENVISION SOLAR INTERNATIONAL, INC. EXAR CORPORATION FAIRCHILD SEMICONDUCTOR INTERNATIONAL INC FINISAR CORPORATION FORMFACTOR, INC. GIGOPTIX, INC. GSI TECHNOLOGY, INC. GT ADVANCED TECHNOLOGIES INC HITTITE MICROWAVE CORPORATION INTEGRATED DEVICE TECHNOLOGY II-VI, INC. INTERMOLECULAR INC INTEL CORP INVENSENSE INC IPG PHOTONICS CORPORATION INPHI CORP INTERNATIONAL RECTIFIER IRVINE SENSORS CORP. INTERSIL CORPORATION INTEGRATED SILICON SOLUTION, INC. IXYS CORPORATION JDS UNIPHASE CORP (CA) KLA-TENCOR CORPORATION KULICKE & SOFFA INDUSTRIES INC KOPIN CORPORATION SEMILEDS CORP LINEAR TECHNOLOGY LOGIC DEVICES INC. LIGHTPATH TECHNOLOGIES, INC. A LATTICE SEMICONDUCTOR LSI CORPORATION MICROCHIP TECHNOLOGY, INC. MICREL, INC. MEMSIC, INC. MIPS TECHNOLOGIES, INC. MOSYS, INC. MICROPAC INDUSTRIES, INC. MONOLITHIC POWER SYSTEMS, INC. MRV COMMUNICATIONS INC. MICROSEMI CORP MINDSPEED TECHNOLOGIES, INC. MICRON TECHNOLOGY, INC. MAGNACHIP SEMICONDUCTOR CORP MAXIM INTEGRATED PRODUCTS INC. MAXLINEAR, INC. NETLOGIC MICROSYSTEMS, INC. NEOMAGIC CORPORATION NEOPHOTONICS CORP. NVIDIA CORPORATION NVE CORPORATION NOVELLUS SYSTEMS, INC. ON SEMICONDUCTOR CORPORATION OPTI, INC. OPNEXT, INC. OSI SYSTEMS, INC. OMNIVISION TECHNOLOGIES, INC. PERFECTENERGY INTL LTD. PHOTRONICS INC. PLX TECHNOLOGY, INC. PMC-SIERRA, INC. POWER INTEGRATIONS, INC. PERICOM SEMICONDUCTOR CORPORATION PIXELWORKS, INC. QUICKLOGIC CORPORATION ©2012 Morningstar, Inc. All rights reserved. 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PULSE ELECTRONICS CORP RF INDUSTRIES, LTD. SIC CODE 3679 ADVANCED ENERGY INDUSTRIES, INC. AIVTECH INTERNATIONAL GROUP CO ARRIS GROUP, INC. AZZ, INC. BEFUT INTERNATIONAL CO., LTD. CIRALIGHT GLOBAL, INC. CONOLOG CORPORATION CTS CORPORATION DATA I/O CORPORATION DGT HOLDINGS CORP DIGITAL POWER CORPORATION EMRISE CORPORATION ESPEY MANUFACTURING & ELECTRONICS EASY ENERGY, INC. ELECSYS CORPORATION FIRST SOLAR, INC. HUTCHINSON TECHNOLOGY INTELLICHECK MOBILISA, INC. INTRICON CORPORATION KENERGY SCIENTIFIC, INC. LGL GROUP, INC. MAGNETEK MICROWAVE FILTER COMPANY INC. MOLEX, INC. MERCURY COMPUTER SYSTEMS, INC. MICROVISION, INC. MICRONETICS, INC. NORTECH SYSTEMS INCORPORATED ORBIT INTERNATIONAL CORP. UNIVERSAL DISPLAY CORPORATION POWER EFFICIENCY CORPORATION PRIME GLOBAL CAPITAL GROUP, INC. PHOTONICS PRODUCTS GROUP, INC. PLANAR SYSTEMS, INC. PLUG POWER, INC. POWER-ONE, INC. ROCKFORD CORPORATION SL INDUSTRIES, INC. 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NEW ENERGY SYSTEMS GROUP. DOUGLAS DYNAMICS, INC. QUALSTAR CORPORATION ROFIN-SINAR TECHNOLOGIES, INC. STANDARD MOTOR PRODUCTS SONO-TEK CORPORATION SPARTON CORPORATION ULTRALIFE BATTERIES, INC. VEECO INSTRUMENTS INC VALENCE TECHNOLOGY, INC. VIASPACE, INC. WATERPURE INTERNATIONAL, INC. MPHASE TECHNOLOGIES, INC. EXIDE TECHNOLOGIES, INC. SIC CODE 3691 ADVANCED BATTERY TECHNOLOGIES, INC. AXION POWER INTERNATIONAL, INC. CHINA BAK BATTERY, INC. CHINA RITAR POWER CORPORATION ENER1, INC. HIGHPOWER INTERNATIONAL, INC. JOHNSON CONTROLS INC LITHIUM TECHNOLOGY CORPORATION MANHATTAN SCIENTIFICS, INC. NEW ENERGY SYSTEMS GROUP. SIC CODE 3692 A123 SYSTEMS, INC. AROTECH CORPORATION CHISEN ELECTRIC CORP ENERGIZER HOLDINGS, INC. ENER1, INC. SIC CODE 3699 COMVERGE, INC. CHINA TMK BATTERY SYSTEMS, INC. DOVER CORPORATION E DIGITAL CORPORATION EMERSON ELECTRIC CO. EVANS & SUTHERLAND COMPUTER CORPORATION ELECTRO SCIENTIFIC INDUSTRIES FEDERAL-MOGUL CORP INTERNATIONAL RECTIFIER MISTRAS GROUP, INC. 3M CO ROFIN-SINAR TECHNOLOGIES, INC. STANDARD MOTOR PRODUCTS SONO-TEK CORPORATION SPARTON CORPORATION ULTRALIFE BATTERIES, INC. VEECO INSTRUMENTS INC VALENCE TECHNOLOGY, INC. VIASPACE, INC. WATERPURE INTERNATIONAL, INC. MPHASE TECHNOLOGIES, INC. EXIDE TECHNOLOGIES, INC. SIC CODE 37 ARCTIC CAT, INC. ACCURIDE CORP AMERICAN DEFENSE SYSTEMS, INC. AAR CORPORATION AIR METHODS CORP. AUTOLIV, INC. AMP HOLDING, INC. AMERIGON, INC. AMERICAN RAILCAR INDUSTRIES, INC. AROTECH CORPORATION ASTROTECH CORP ATC VENTURE GROUP INC ALLIANT TECHSYSTEMS INC ASTRONICS CORPORATION B AEROVIRONMENT, INC. AMERICAN AXLE & MFG HOLDINGS, INC. BOEING CO BRUNSWICK CORPORATION BE AEROSPACE INC HPEV INC BUTLER NATIONAL CORPORATION BORGWARNER INC BREEZE-EASTERN CORPORATION CHINA AUTOMOTIVE SYSTEMS, INC. CHINA INFRASTRUCTURE CONSTRUCTION CORP CLARCOR INC. CONRAD INDUSTRIES, INC. COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL ROCKWELL COLLINS, INC. COATES INTERNATIONAL, LIMITED CARLISLE COMPANIES, INC. COMMERCIAL VEHICLE GROUP, INC. CPI AEROSTRUCTURES INC. DANA HOLDING CORP DUCOMMUN INC DEFENSE SOLUTIONS HOLDING, INC. DORMAN PRODUCTS, INC. DREW INDUSTRIES, INC. ECOTALITY, INC. EDAC TECHNOLOGIES CORPORATION ELECTRIC CAR COMPANY, INC. ENOVA SYSTEMS INC ENVIRONMENTAL SOLUTIONS WORLDWIDE, INC. ENVIRONMENTAL TECTONICS CORPORATION EATON CORP FORD MOTOR CO FIRST AVIATION SERVICES, INC. FEDERAL-MOGUL CORP FEDERAL SIGNAL CORP FUEL SYSTEMS SOLUTIONS, INC. GREENBRIER COMPANIES, INC. GENERAL DYNAMICS GENERAL MOTORS CO GROEN BROTHERS AVIATION, INC. GENTEX CORPORATION GOODRICH CORPORATION HEICO CORPORATION HARLEY-DAVIDSON INC HONEYWELL INTERNATIONAL, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report INTERNATIONAL AEROSPACE ENTERPRISES, INC. ICAHN ENTERPRISES LP JOHN BEAN TECHNOLOGIES CORPORATION JOHNSON CONTROLS INC KAMAN CORPORATION A KAYDON CORPORATION KANDI TECHNOLOGIES CORPORATION LYDALL, INC. LEAR CORPORATION LEO MOTORS, INC. LI-ION MOTORS CORP. LMI AEROSPACE, INC. LOCKHEED MARTIN CORPORATION MEDINA INTERNATIONAL HOLDING, INC. MOLLER INTERNATIONAL, INC. MILLER INDUSTRIES MODINE MANUFACTURING COMPANY MARINE PRODUCTS CORPORATION MIRENCO, INC. MERITOR INC MARKETING WORLDWIDE CORP NAVISTAR INTERNATIONAL CORP NORTHROP GRUMMAN CORP OMNITEK ENGINEERING CORP OSHKOSH CORPORATION PREMIER BEVERAGE GROUP CORP PACCAR INC PURADYN FILTER TECHNOLOGIES, INC. PARKER HANNIFIN CORPORATION POLARIS INDUSTRIES, INC. QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE FREIGHTCAR AMERICA, INC. ROADSHIPS HOLDINGS, INC. SCHNITZER STEEL INDUSTRIES, INC. A SHILOH INDUSTRIES, INC. SAUER-DANFOSS, INC. SIFCO INDUSTRIES, INC. STANDARD MOTOR PRODUCTS SORL AUTO PARTS, INC. SPARTAN MOTORS SPIRIT AEROSYSTEMS HOLDINGS, INC. STANDARD REGISTER COMPANY STONERIDGE, INC. STRATTEC SECURITY CORPORATION SUPREME INDUSTRIES INC. SUPERIOR INDUSTRIES INTERNATIONAL TRANSDIGM GROUP INC TENNECO INC TELEFLEX INC. TRIUMPH GROUP, INC. THOR INDUSTRIES, INC. TOWER INTERNATIONAL INC TRINITY INDUSTRIES, INC. TRIMAS CORPORATION TRW AUTOMOTIVE HOLDINGS CORP TESLA MOTORS, INC. T3 MOTION, INC. TEXTRON INC UNITED TECHNOLOGIES CORP VISTEON CORP. VIPER POWERSPORTS, INC. WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP WESCO AIRCRAFT HOLDINGS INC WABCO HOLDINGS INCORPORATED WINNEBAGO INDUSTRIES WILLIAMS CONTROLS, INC. WABASH NATIONAL CORPORATION WSI INDUSTRIES, INC. WOODWARD, INC. EXIDE TECHNOLOGIES, INC. XTREME GREEN PRODUCTS INC. ZAP, INC. SIC CODE 371 ACCURIDE CORP AUTOLIV, INC. AMP HOLDING, INC. AMERIGON, INC. 30 Stocks, Bonds, Bills, and Inflation ATC VENTURE GROUP INC AMERICAN AXLE & MFG HOLDINGS, INC. HPEV INC BORGWARNER INC CHINA AUTOMOTIVE SYSTEMS, INC. CLARCOR INC. COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL COATES INTERNATIONAL, LIMITED CARLISLE COMPANIES, INC. COMMERCIAL VEHICLE GROUP, INC. DANA HOLDING CORP DORMAN PRODUCTS, INC. DREW INDUSTRIES, INC. ELECTRIC CAR COMPANY, INC. ENOVA SYSTEMS INC ENVIRONMENTAL SOLUTIONS WORLDWIDE, INC. EATON CORP FORD MOTOR CO FEDERAL-MOGUL CORP FEDERAL SIGNAL CORP FUEL SYSTEMS SOLUTIONS, INC. GENERAL MOTORS CO GENTEX CORPORATION HONEYWELL INTERNATIONAL, INC. ICAHN ENTERPRISES LP JOHNSON CONTROLS INC KAYDON CORPORATION KANDI TECHNOLOGIES CORPORATION LYDALL, INC. LEAR CORPORATION LEO MOTORS, INC. LI-ION MOTORS CORP. MILLER INDUSTRIES MODINE MANUFACTURING COMPANY MIRENCO, INC. MERITOR INC MARKETING WORLDWIDE CORP NAVISTAR INTERNATIONAL CORP OMNITEK ENGINEERING CORP OSHKOSH CORPORATION PACCAR INC PURADYN FILTER TECHNOLOGIES, INC. QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE SCHNITZER STEEL INDUSTRIES, INC. A SHILOH INDUSTRIES, INC. SAUER-DANFOSS, INC. STANDARD MOTOR PRODUCTS SORL AUTO PARTS, INC. SPARTAN MOTORS STONERIDGE, INC. STRATTEC SECURITY CORPORATION SUPREME INDUSTRIES INC. SUPERIOR INDUSTRIES INTERNATIONAL TENNECO INC THOR INDUSTRIES, INC. TOWER INTERNATIONAL INC TRW AUTOMOTIVE HOLDINGS CORP TESLA MOTORS, INC. T3 MOTION, INC. VISTEON CORP. WABCO HOLDINGS INCORPORATED WINNEBAGO INDUSTRIES WILLIAMS CONTROLS, INC. WABASH NATIONAL CORPORATION WSI INDUSTRIES, INC. XTREME GREEN PRODUCTS INC. ZAP, INC. SIC CODE 3711 ELECTRIC CAR COMPANY, INC. FORD MOTOR CO FEDERAL SIGNAL CORP GENERAL MOTORS CO ICAHN ENTERPRISES LP KANDI TECHNOLOGIES CORPORATION LEO MOTORS, INC. LI-ION MOTORS CORP. NAVISTAR INTERNATIONAL CORP OSHKOSH CORPORATION PACCAR INC STANDARD MOTOR PRODUCTS SPARTAN MOTORS TESLA MOTORS, INC. T3 MOTION, INC. WABCO HOLDINGS INCORPORATED XTREME GREEN PRODUCTS INC. SIC CODE 3714 ACCURIDE CORP AUTOLIV, INC. AMP HOLDING, INC. AMERIGON, INC. ATC VENTURE GROUP INC AMERICAN AXLE & MFG HOLDINGS, INC. HPEV INC BORGWARNER INC CHINA AUTOMOTIVE SYSTEMS, INC. CLARCOR INC. COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL COATES INTERNATIONAL, LIMITED COMMERCIAL VEHICLE GROUP, INC. DANA HOLDING CORP DORMAN PRODUCTS, INC. DREW INDUSTRIES, INC. ENOVA SYSTEMS INC ENVIRONMENTAL SOLUTIONS WORLDWIDE, INC. EATON CORP FEDERAL-MOGUL CORP FUEL SYSTEMS SOLUTIONS, INC. GENTEX CORPORATION HONEYWELL INTERNATIONAL, INC. JOHNSON CONTROLS INC KAYDON CORPORATION LYDALL, INC. LEAR CORPORATION MODINE MANUFACTURING COMPANY MIRENCO, INC. MERITOR INC MARKETING WORLDWIDE CORP OMNITEK ENGINEERING CORP PURADYN FILTER TECHNOLOGIES, INC. QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE SCHNITZER STEEL INDUSTRIES, INC. A SHILOH INDUSTRIES, INC. SAUER-DANFOSS, INC. SORL AUTO PARTS, INC. STONERIDGE, INC. STRATTEC SECURITY CORPORATION SUPERIOR INDUSTRIES INTERNATIONAL TENNECO INC TOWER INTERNATIONAL INC TRW AUTOMOTIVE HOLDINGS CORP VISTEON CORP. WILLIAMS CONTROLS, INC. WSI INDUSTRIES, INC. ZAP, INC. SIC CODE 372 AAR CORPORATION AIR METHODS CORP. ASTRONICS CORPORATION B AEROVIRONMENT, INC. BOEING CO BE AEROSPACE INC BUTLER NATIONAL CORPORATION BREEZE-EASTERN CORPORATION CHINA INFRASTRUCTURE CONSTRUCTION CORP ROCKWELL COLLINS, INC. CPI AEROSTRUCTURES INC. DUCOMMUN INC EDAC TECHNOLOGIES CORPORATION ENVIRONMENTAL TECTONICS CORPORATION FIRST AVIATION SERVICES, INC. GENERAL DYNAMICS GROEN BROTHERS AVIATION, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report HEICO CORPORATION HONEYWELL INTERNATIONAL, INC. INTERNATIONAL AEROSPACE ENTERPRISES, INC. JOHN BEAN TECHNOLOGIES CORPORATION KAMAN CORPORATION A LMI AEROSPACE, INC. MOLLER INTERNATIONAL, INC. PARKER HANNIFIN CORPORATION SIFCO INDUSTRIES, INC. SPIRIT AEROSYSTEMS HOLDINGS, INC. TRANSDIGM GROUP INC TELEFLEX INC. TRIUMPH GROUP, INC. TRIMAS CORPORATION TEXTRON INC UNITED TECHNOLOGIES CORP WESCO AIRCRAFT HOLDINGS INC WOODWARD, INC. SIC CODE 3721 AEROVIRONMENT, INC. BOEING CO BE AEROSPACE INC BUTLER NATIONAL CORPORATION GENERAL DYNAMICS GROEN BROTHERS AVIATION, INC. MOLLER INTERNATIONAL, INC. SPIRIT AEROSYSTEMS HOLDINGS, INC. TEXTRON INC SIC CODE 3724 AAR CORPORATION EDAC TECHNOLOGIES CORPORATION FIRST AVIATION SERVICES, INC. HEICO CORPORATION HONEYWELL INTERNATIONAL, INC. INTERNATIONAL AEROSPACE ENTERPRISES, INC. SIFCO INDUSTRIES, INC. SPIRIT AEROSYSTEMS HOLDINGS, INC. TRIMAS CORPORATION UNITED TECHNOLOGIES CORP WOODWARD, INC. SIC CODE 3728 AIR METHODS CORP. ASTRONICS CORPORATION B BREEZE-EASTERN CORPORATION CHINA INFRASTRUCTURE CONSTRUCTION CORP ROCKWELL COLLINS, INC. CPI AEROSTRUCTURES INC. DUCOMMUN INC ENVIRONMENTAL TECTONICS CORPORATION JOHN BEAN TECHNOLOGIES CORPORATION KAMAN CORPORATION A LMI AEROSPACE, INC. PARKER HANNIFIN CORPORATION SPIRIT AEROSYSTEMS HOLDINGS, INC. TRANSDIGM GROUP INC TELEFLEX INC. TRIUMPH GROUP, INC. WESCO AIRCRAFT HOLDINGS INC SIC CODE 373 BRUNSWICK CORPORATION CONRAD INDUSTRIES, INC. GENERAL DYNAMICS MEDINA INTERNATIONAL HOLDING, INC. MARINE PRODUCTS CORPORATION NORTHROP GRUMMAN CORP ROADSHIPS HOLDINGS, INC. TRINITY INDUSTRIES, INC. SIC CODE 3731 CONRAD INDUSTRIES, INC. GENERAL DYNAMICS NORTHROP GRUMMAN CORP ROADSHIPS HOLDINGS, INC. TRINITY INDUSTRIES, INC. SIC CODE 374 AMERICAN RAILCAR INDUSTRIES, INC. GREENBRIER COMPANIES, INC. FREIGHTCAR AMERICA, INC. TRINITY INDUSTRIES, INC. 31 Stocks, Bonds, Bills, and Inflation WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP SIC CODE 3743 AMERICAN RAILCAR INDUSTRIES, INC. GREENBRIER COMPANIES, INC. FREIGHTCAR AMERICA, INC. TRINITY INDUSTRIES, INC. WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP SIC CODE 376 ASTROTECH CORP ALLIANT TECHSYSTEMS INC GOODRICH CORPORATION LOCKHEED MARTIN CORPORATION STANDARD REGISTER COMPANY SIC CODE 379 ARCTIC CAT, INC. AMERICAN DEFENSE SYSTEMS, INC. AROTECH CORPORATION DEFENSE SOLUTIONS HOLDING, INC. ECOTALITY, INC. GENERAL DYNAMICS PREMIER BEVERAGE GROUP CORP POLARIS INDUSTRIES, INC. EXIDE TECHNOLOGIES, INC. SIC CODE 3799 ARCTIC CAT, INC. AMERICAN DEFENSE SYSTEMS, INC. ECOTALITY, INC. PREMIER BEVERAGE GROUP CORP POLARIS INDUSTRIES, INC. EXIDE TECHNOLOGIES, INC. SIC CODE 38 AGILENT TECHNOLOGIES INC ABAXIS, INC. AMBICOM HOLDINGS, INC. ABIOMED, INC. ABBOTT LABORATORIES AEHR TEST SYSTEMS APPLIED ENERGETICS, INC. AFFYMETRIX, INC. ALLERGAN, INC. ALLIANCE HOLDINGS GP, L.P. ALLIED HEALTHCARE PRODUCTS AEROSONIC CORPORATION ANTARES PHARMA, INC. ALIGN TECHNOLOGY, INC. ANALOGIC CORPORATION ALLIQUA, INC. ALLIED MOTION TECHNOLOGIES, INC. ANGEION CORPORATION ANIKA THERAPEUTICS, INC. ACUNETX, INC. AMERICAN PACIFIC CORPORATION APPLIED NANOTECH HOLDINGS, INC. ALPHA PRO TECH, LTD. ACCURAY, INC. ARADIGM CORPORATION ARTHROCARE CORPORATION ARRAYIT CORP AMERICAN SCIENCE & ENGINEERING, INC. ADVANSOURCE BIOMATERIALS CORPORATION APOGEE TECHNOLOGY, INC. ALPHATEC HOLDINGS, INC. ATRICURE, INC. ATRION CORPORATION ATTUNE RTD AXOGEN INC NATUS MEDICAL, INC. BAETA CORP BAXTER INTERNATIONAL INC. C.R. BARD, INC. BECTON DICKINSON & CO BIO-RAD LABORATORIES INC. BIODRAIN MEDICAL, INC. BIOJECT MEDICAL TECHNOLOGIES, INC. BIOLIFE SOLUTIONS, INC. BIOLASE TECHNOLOGY BADGER METER, INC. BIOMERICA, INC. BIOMIMETIC THERAPEUTICS, INC. BRUKER CORPORATION BSD MEDICAL CORPORATION BOSTON SCIENTIFIC, INC. BIOSYNERGY, INC. BALLANTYNE OF OMAHA, INC. CREATIVE LEARNING CORP BOVIE MEDICAL CORPORATION CAMBRIDGE HEART, INC. CAS MEDICAL SYSTEMS, INC. CALYPTE BIOMEDICAL CORPORATION COMBIMATRIX CORPORATION CODA OCTOPUS GROUP, INC. CERUS CORPORATION CDEX, INC. COGNEX CORPORATION CHYRON CORPORATION CANTEL MEDICAL CORPORATION CONMED CORPORATION COHERENT, INC. COHU, INC. COOPER COMPANIES CEPHEID CONCEPTUS, INC. CRANE COMPANY CARDICA, INC. CRYOLIFE CASCADE MICROTECH, INC. CARDIOVASCULAR SYSTEMS, INC. CHINA SKY ONE MEDICAL, INC. COSMO COMMUNICATIONS CORPORATION CEMTREX, INC. CUBIC CORPORATION CUI GLOBAL, INC. CUTERA, INC. CYBEROPTICS CORPORATION CYBERONICS, INC. CYNOSURE, INC. CYTOCORE, INC. CYTORI THERAPEUTICS, INC. DYNAMIC ENERGY ALLIANCE CORP DEFENTECT GROUP, INC. DGT HOLDINGS CORP DANAHER CORPORATION DOVER CORPORATION DEXCOM, INC. DAXOR CORPORATION DYNATRONICS CORPORATION ENCISION, INC. EASTMAN KODAK COMPANY ENDOLOGIX, INC. ELECTROMED, INC. ELECTRO-SENSORS, INC. EMERSON ELECTRIC CO. ENERNOC, INC. ESTERLINE TECHNOLOGIES ESCALON MEDICAL CORPORATION ELECSYS CORPORATION EATON CORP EDWARDS LIFESCIENCES CORPORATION EXACTECH, INC. ECOLOGIX RESOURCE GROUP, INC. FARO TECHNOLOGIES, INC. FEI COMPANY FREQUENCY ELECTRONICS FLUIDIGM CORPORATION FLIR SYSTEMS, INC. FLUOR CORPORATION FLEXPOINT SENSOR SYSTEMS, INC. FONAR CORPORATION FOSSIL, INC. FREEDOM ENVIRONMENTAL SERVICES, INC. A GREATBATCH, INC. GIGA-TRONICS, INC. CORNING INC GENMARK DIAGNOSTICS, INC. GEN-PROBE, INC. GOODRICH CORPORATION ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report GUIDED THERAPEUTICS, INC. HAEMONETICS CORPORATION HASBRO, INC. HYPERTENSION DIAGNOSTICS, INC. HEICO CORPORATION HANGER ORTHOPEDIC GROUP INC HICKOK, INC. A HANSEN MEDICAL, INC. HOLOGIC INC HONEYWELL INTERNATIONAL, INC. HILL-ROM HOLDINGS, INC. HARRIS CORPORATION ARRHYTHMIA RESEARCH TECHNOLOGY HEARTWARE INTERNATIONAL, INC. HURCO COMPANIES, INC. INTEGRA LIFESCIENCES HOLDINGS, INC. ICAD, INC. ICU MEDICAL, INC. IDO SECURITY, INC. II-VI, INC. IKONICS CORPORATION ILLUMINA, INC. IMAGING DIAGNOSTIC SYS IMAGING3, INC. IMPLANT SCIENCES CORPORATION INFUSYSTEMS HOLDINGS, INC. INTERNATIONAL ISOTOPES, INC. INTEST CORPORATION INTEGRAL VISION, INC. ION GEOPHYSICAL CORPORATION IRIS INTERNATIONAL, INC. IRIDEX CORPORATION IMAGE SENSING SYSTEMS, INC. ISORAY, INC. INTUITIVE SURGICAL, INC. ITERIS, INC. ITRON INC. INVACARE CORPORATION IVAX DIAGNOSTICS, INC. INVO BIOSCIENCE, INC. JAKKS PACIFIC, INC. JOHNSON & JOHNSON KEWAUNEE SCIENTIFIC CORP. KIPS BAY MEDICAL, INC. KENSEY NASH CORPORATION THERMOGENESIS CORPORATION LAKELAND INDUSTRIES, INC. LOCATION BASED TECH, INC. LECROY CORPORATION LEMAITRE VASCULAR, INC. LUMINEX CORPORATION LTX-CREDENCE CORPORATION LEUCADIA NATIONAL CORPORATION MAKO SURGICAL CORPORATION MASIMO CORPORATION MEDICAL ACTION INDUSTRIES MEDICAL INTERNATIONAL TECHNOLOGY, INC. MEDTRONIC, INC. MIMEDX GROUP, INC. MEADE INSTRUMENTS CORPORATION MEASUREMENT SPECIALTIES MIDWEST ENERGY EMISSIONS CORP MIKROS SYSTEMS CORPORATION MKS INSTRUMENTS, INC. MECHANICAL TECHNOLOGY, INC. MESA LABORATORIES, INC. MILESTONE SCIENTIFIC, INC. 3M CO MERIT MEDICAL SYSTEMS MOCON, INC. MOOG, INC. B MOVADO GROUP INC MEDPRO SAFETY PRODUCTS MINE SAFETY APPLIANCES MISONIX, INC. METTLER-TOLEDO INTERNATIONAL, INC. MTS SYSTEMS CORPORATION NANOMETRICS INCORPORATED 32 Stocks, Bonds, Bills, and Inflation NATIONAL AUTOMATION SERVICES, INC. NAVIDEA BIOPHARMACEUTICALS INC NORTHSTAR ELECTRONICS, INC. NEPHROS, INC. NEWPORT CORPORATION NON INVASIVE MONITORING SYSTEMS NMT MEDICAL, INC. NORTHROP GRUMMAN CORP NANOSPHERE, INC. NEUROMETRIX INC NUVASIVE, INC. NEWCARDIO, INC. OCLARO, INC. OCULUS INNOVATIVE SCIENCES, INC. ONE BIO CORPORATION OPT SCIENCES CORP. ORBIT FR, INC. ORANGE 21, INC. ORASURE TECHNOLOGIES, INC. OYO GEOSPACE CORPORATION PACIFIC BIOSCIENCES OF CALIFORNIA, INC. PRESSURE BIOSCIENCES, INC. PRO-DEX, INC. MOONSHINE CREATIONS, INC. PATHFINDER CELL THERAPY INC PHOTOMEDEX, INC. PERKINELMER INC PALOMAR MEDICAL TECHNOLOGIES INC. INSULET CORPORATION POSITRON CORPORATION PPG INDUSTRIES, INC. PERCEPTRON, INC. PSIVIDA LTD. PRINCETON SECURITY TECHNOLOGIES, INC. PATIENT SAFETY TECHNOLOGIES, INC. QUANTRX BIOMEDICAL CORPORATION REMEDENT, INC. REPRO-MED SYSTEMS, INC. RF INDUSTRIES, LTD. RESMED INC. ROCKWELL MEDICAL TECHNOLOGY, INC. ROCHESTER MEDICAL CORPORATION ROCKWELL AUTOMATION ROPER INDUSTRIES, INC. REFLECT SCIENTIFIC, INC. RUDOLPH TECHNOLOGIES, INC. RAYTHEON COMPANY RETRACTABLE TECHNOLOGIES, INC. RADIENT PHARMACEUTICALS CORP SPECTRASCIENCE, INC. SCIENTIFIC INDUSTRIES, INC. SCIVANTA MEDICAL CORPORATION STRATEGIC DIAGNOSTICS, INC. SIGNATURE EYEWEAR, INC. SANOMEDICS INTERNATIONAL HOLDINGS, INC. SIRONA DENTAL SYSTEMS, INC. SOLTA MEDICAL, INC. SYMMETRY MEDICAL, INC. SCHMITT INDUSTRIES, INC. SUNRIDGE INTERNATIONAL, INC. SONOSITE, INC. SPAN-AMERICA MEDICAL SPEEDUS CORP SPECTRANETICS CORPORATION SPO MEDICAL, INC. SEQUENOM, INC. SIERRA MONITOR STAAR SURGICAL STERIS CORPORATION ST JUDE MEDICAL, INC. SUTRON CORPORATION STEREOTAXIS, INC. SYNERGETICS USA, INC. SUNWAY GLOBAL, INC. SMITH & WESSON HOLDING CORPORATION STRYKER CORPORATION SYNOVIS LIFE TECHNOLOGIES, INC. SYPRIS SOLUTIONS, INC. TRANSGENOMIC, INC. TECHNEST HOLDINGS, INC. TERADYNE INC TELEFLEX INC. THORATEC LABORATORIES CORPORATION TRIMEDYNE, INC. THERMO FISHER SCIENTIFIC INC TELENAV, INC. TRIMBLE NAVIGATION LTD. TRANSCAT, INC. TECHNISCAN, INC. TRANS1, INC. TEXTRON INC UNITED HEALTH PRODUCTS, INC. UROLOGIX, INC. UNIVERSAL DETECTION TECHNOLOGY UNILIFE CORPORATION UROPLASTY, INC. UTAH MEDICAL PRODUCTS UNILENS VISION, INC. VARIAN MEDICAL SYSTEMS, INC. VASCULAR SOLUTIONS, INC. VASOMEDICAL, INC. VICOR TECHNOLOGIES, INC. VIKING SYSTEMS, INC. VALLEY FORGE COMPOSITE TECHNOLOGIES, INC. VOLCANO CORPORATION VISION-SCIENCES INC (DE) VISUALANT, INC. VYCOR MEDICAL, INC. VYTERIS, INC. WATERS CORPORATION WINLAND ELECTRONICS, INC. WAFERGEN BIO-SYSTEMS, INC. WORLD HEART CORPORATION WRIGHT MEDICAL GROUP, INC. WOUND MANAGEMENT TECHNOLOGIES, INC. WELLTEK, INC. WINNER MEDICAL GROUP, INC. DENTSPLY INTERNATIONAL, INC. X-RITE, INC. IXIA YOUNG INNOVATIONS, INC. ZYGO CORPORATION ZELTIQ AESTHETICS INC ZIMMER HOLDINGS INC ZOLL MEDICAL CORPORATION ZYNEX, INC. SIC CODE 381 APPLIED ENERGETICS, INC. AEROSONIC CORPORATION AMERICAN PACIFIC CORPORATION APPLIED NANOTECH HOLDINGS, INC. CODA OCTOPUS GROUP, INC. CRANE COMPANY ELECSYS CORPORATION EATON CORP FLIR SYSTEMS, INC. HONEYWELL INTERNATIONAL, INC. HARRIS CORPORATION IDO SECURITY, INC. IMAGE SENSING SYSTEMS, INC. ITERIS, INC. LOCATION BASED TECH, INC. NORTHSTAR ELECTRONICS, INC. NORTHROP GRUMMAN CORP PRO-DEX, INC. RAYTHEON COMPANY SMITH & WESSON HOLDING CORPORATION TELENAV, INC. TRIMBLE NAVIGATION LTD. VALLEY FORGE COMPOSITE TECHNOLOGIES, INC. SIC CODE 3812 APPLIED ENERGETICS, INC. AEROSONIC CORPORATION AMERICAN PACIFIC CORPORATION APPLIED NANOTECH HOLDINGS, INC. CODA OCTOPUS GROUP, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report CRANE COMPANY ELECSYS CORPORATION EATON CORP FLIR SYSTEMS, INC. HONEYWELL INTERNATIONAL, INC. HARRIS CORPORATION IDO SECURITY, INC. IMAGE SENSING SYSTEMS, INC. ITERIS, INC. LOCATION BASED TECH, INC. NORTHSTAR ELECTRONICS, INC. NORTHROP GRUMMAN CORP PRO-DEX, INC. RAYTHEON COMPANY SMITH & WESSON HOLDING CORPORATION TELENAV, INC. TRIMBLE NAVIGATION LTD. VALLEY FORGE COMPOSITE TECHNOLOGIES, INC. SIC CODE 382 AGILENT TECHNOLOGIES INC ABAXIS, INC. AMBICOM HOLDINGS, INC. AEHR TEST SYSTEMS AFFYMETRIX, INC. ALLIANCE HOLDINGS GP, L.P. ANALOGIC CORPORATION ALLIED MOTION TECHNOLOGIES, INC. ARRAYIT CORP ATTUNE RTD BIO-RAD LABORATORIES INC. BADGER METER, INC. BRUKER CORPORATION CALYPTE BIOMEDICAL CORPORATION COMBIMATRIX CORPORATION CDEX, INC. COGNEX CORPORATION CANTEL MEDICAL CORPORATION COHERENT, INC. COHU, INC. CEPHEID CRANE COMPANY CASCADE MICROTECH, INC. CEMTREX, INC. CUBIC CORPORATION CUI GLOBAL, INC. CYBEROPTICS CORPORATION DEFENTECT GROUP, INC. DGT HOLDINGS CORP DANAHER CORPORATION DOVER CORPORATION ELECTRO-SENSORS, INC. EMERSON ELECTRIC CO. ENERNOC, INC. ESTERLINE TECHNOLOGIES ECOLOGIX RESOURCE GROUP, INC. FARO TECHNOLOGIES, INC. FEI COMPANY FREQUENCY ELECTRONICS FLUIDIGM CORPORATION FLUOR CORPORATION FLEXPOINT SENSOR SYSTEMS, INC. GIGA-TRONICS, INC. CORNING INC GOODRICH CORPORATION HEICO CORPORATION HICKOK, INC. A HURCO COMPANIES, INC. II-VI, INC. ILLUMINA, INC. IMPLANT SCIENCES CORPORATION INTERNATIONAL ISOTOPES, INC. INTEST CORPORATION INTEGRAL VISION, INC. ION GEOPHYSICAL CORPORATION IRIS INTERNATIONAL, INC. IMAGE SENSING SYSTEMS, INC. ITRON INC. KEWAUNEE SCIENTIFIC CORP. 33 Stocks, Bonds, Bills, and Inflation THERMOGENESIS CORPORATION LECROY CORPORATION LTX-CREDENCE CORPORATION MEADE INSTRUMENTS CORPORATION MEASUREMENT SPECIALTIES MIDWEST ENERGY EMISSIONS CORP MIKROS SYSTEMS CORPORATION MKS INSTRUMENTS, INC. MECHANICAL TECHNOLOGY, INC. MESA LABORATORIES, INC. MOCON, INC. MISONIX, INC. METTLER-TOLEDO INTERNATIONAL, INC. MTS SYSTEMS CORPORATION NANOMETRICS INCORPORATED NATIONAL AUTOMATION SERVICES, INC. NEWPORT CORPORATION OCLARO, INC. ONE BIO CORPORATION OPT SCIENCES CORP. ORBIT FR, INC. OYO GEOSPACE CORPORATION PACIFIC BIOSCIENCES OF CALIFORNIA, INC. PRESSURE BIOSCIENCES, INC. MOONSHINE CREATIONS, INC. PERKINELMER INC PPG INDUSTRIES, INC. PERCEPTRON, INC. PSIVIDA LTD. PRINCETON SECURITY TECHNOLOGIES, INC. ROCKWELL AUTOMATION ROPER INDUSTRIES, INC. REFLECT SCIENTIFIC, INC. RUDOLPH TECHNOLOGIES, INC. SCIENTIFIC INDUSTRIES, INC. STRATEGIC DIAGNOSTICS, INC. SANOMEDICS INTERNATIONAL HOLDINGS, INC. SCHMITT INDUSTRIES, INC. SPO MEDICAL, INC. SEQUENOM, INC. SIERRA MONITOR SUTRON CORPORATION SYPRIS SOLUTIONS, INC. TRANSGENOMIC, INC. TECHNEST HOLDINGS, INC. TERADYNE INC THERMO FISHER SCIENTIFIC INC TRIMBLE NAVIGATION LTD. TRANSCAT, INC. TEXTRON INC UNIVERSAL DETECTION TECHNOLOGY VISUALANT, INC. WATERS CORPORATION WINLAND ELECTRONICS, INC. WAFERGEN BIO-SYSTEMS, INC. IXIA ZYGO CORPORATION SIC CODE 3821 KEWAUNEE SCIENTIFIC CORP. THERMOGENESIS CORPORATION MISONIX, INC. NEWPORT CORPORATION REFLECT SCIENTIFIC, INC. SIC CODE 3823 ATTUNE RTD COGNEX CORPORATION CRANE COMPANY CEMTREX, INC. DGT HOLDINGS CORP DANAHER CORPORATION ELECTRO-SENSORS, INC. EMERSON ELECTRIC CO. ESTERLINE TECHNOLOGIES HICKOK, INC. A HURCO COMPANIES, INC. INTERNATIONAL ISOTOPES, INC. INTEGRAL VISION, INC. MKS INSTRUMENTS, INC. MESA LABORATORIES, INC. NATIONAL AUTOMATION SERVICES, INC. ROPER INDUSTRIES, INC. RUDOLPH TECHNOLOGIES, INC. SCHMITT INDUSTRIES, INC. SIERRA MONITOR SYPRIS SOLUTIONS, INC. TEXTRON INC UNIVERSAL DETECTION TECHNOLOGY WINLAND ELECTRONICS, INC. SIC CODE 3825 AGILENT TECHNOLOGIES INC AEHR TEST SYSTEMS ALLIANCE HOLDINGS GP, L.P. ANALOGIC CORPORATION ALLIED MOTION TECHNOLOGIES, INC. COHU, INC. CASCADE MICROTECH, INC. DANAHER CORPORATION ENERNOC, INC. FREQUENCY ELECTRONICS FLUOR CORPORATION GIGA-TRONICS, INC. HEICO CORPORATION INTEST CORPORATION ITRON INC. LECROY CORPORATION LTX-CREDENCE CORPORATION ORBIT FR, INC. TERADYNE INC TRANSCAT, INC. IXIA SIC CODE 3826 AFFYMETRIX, INC. ARRAYIT CORP BIO-RAD LABORATORIES INC. BRUKER CORPORATION CALYPTE BIOMEDICAL CORPORATION COMBIMATRIX CORPORATION COHERENT, INC. CEPHEID FEI COMPANY FLUIDIGM CORPORATION ILLUMINA, INC. IRIS INTERNATIONAL, INC. METTLER-TOLEDO INTERNATIONAL, INC. ONE BIO CORPORATION PACIFIC BIOSCIENCES OF CALIFORNIA, INC. PERKINELMER INC PSIVIDA LTD. SCIENTIFIC INDUSTRIES, INC. STRATEGIC DIAGNOSTICS, INC. TRANSGENOMIC, INC. WATERS CORPORATION WAFERGEN BIO-SYSTEMS, INC. SIC CODE 3827 CANTEL MEDICAL CORPORATION CYBEROPTICS CORPORATION CORNING INC II-VI, INC. MEADE INSTRUMENTS CORPORATION OCLARO, INC. OPT SCIENCES CORP. PPG INDUSTRIES, INC. PERCEPTRON, INC. ZYGO CORPORATION SIC CODE 3829 ABAXIS, INC. AMBICOM HOLDINGS, INC. CDEX, INC. CUBIC CORPORATION CUI GLOBAL, INC. DEFENTECT GROUP, INC. ESTERLINE TECHNOLOGIES ECOLOGIX RESOURCE GROUP, INC. FARO TECHNOLOGIES, INC. FLEXPOINT SENSOR SYSTEMS, INC. GOODRICH CORPORATION ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report IMPLANT SCIENCES CORPORATION ION GEOPHYSICAL CORPORATION IMAGE SENSING SYSTEMS, INC. MEASUREMENT SPECIALTIES MIDWEST ENERGY EMISSIONS CORP MIKROS SYSTEMS CORPORATION MECHANICAL TECHNOLOGY, INC. MOCON, INC. MTS SYSTEMS CORPORATION NANOMETRICS INCORPORATED OYO GEOSPACE CORPORATION PRESSURE BIOSCIENCES, INC. PRINCETON SECURITY TECHNOLOGIES, INC. ROCKWELL AUTOMATION SANOMEDICS INTERNATIONAL HOLDINGS, INC. SPO MEDICAL, INC. SEQUENOM, INC. SUTRON CORPORATION TECHNEST HOLDINGS, INC. THERMO FISHER SCIENTIFIC INC TRIMBLE NAVIGATION LTD. VISUALANT, INC. SIC CODE 384 ABIOMED, INC. ABBOTT LABORATORIES ALLERGAN, INC. ALLIED HEALTHCARE PRODUCTS ANTARES PHARMA, INC. ALIGN TECHNOLOGY, INC. ALLIQUA, INC. ANGEION CORPORATION ANIKA THERAPEUTICS, INC. ACUNETX, INC. ALPHA PRO TECH, LTD. ACCURAY, INC. ARADIGM CORPORATION ARTHROCARE CORPORATION AMERICAN SCIENCE & ENGINEERING, INC. ADVANSOURCE BIOMATERIALS CORPORATION APOGEE TECHNOLOGY, INC. ALPHATEC HOLDINGS, INC. ATRICURE, INC. ATRION CORPORATION AXOGEN INC NATUS MEDICAL, INC. BAETA CORP BAXTER INTERNATIONAL INC. C.R. BARD, INC. BECTON DICKINSON & CO BIODRAIN MEDICAL, INC. BIOJECT MEDICAL TECHNOLOGIES, INC. BIOLIFE SOLUTIONS, INC. BIOLASE TECHNOLOGY BIOMERICA, INC. BIOMIMETIC THERAPEUTICS, INC. BSD MEDICAL CORPORATION BOSTON SCIENTIFIC, INC. BIOSYNERGY, INC. CREATIVE LEARNING CORP BOVIE MEDICAL CORPORATION CAMBRIDGE HEART, INC. CAS MEDICAL SYSTEMS, INC. CERUS CORPORATION CANTEL MEDICAL CORPORATION CONMED CORPORATION COOPER COMPANIES CONCEPTUS, INC. CARDICA, INC. CRYOLIFE CARDIOVASCULAR SYSTEMS, INC. CHINA SKY ONE MEDICAL, INC. CUTERA, INC. CYBERONICS, INC. CYNOSURE, INC. CYTOCORE, INC. CYTORI THERAPEUTICS, INC. DYNAMIC ENERGY ALLIANCE CORP DANAHER CORPORATION 34 Stocks, Bonds, Bills, and Inflation DEXCOM, INC. DAXOR CORPORATION DYNATRONICS CORPORATION ENCISION, INC. ENDOLOGIX, INC. ELECTROMED, INC. ESCALON MEDICAL CORPORATION EDWARDS LIFESCIENCES CORPORATION EXACTECH, INC. FONAR CORPORATION FREEDOM ENVIRONMENTAL SERVICES, INC. A GREATBATCH, INC. GENMARK DIAGNOSTICS, INC. GEN-PROBE, INC. GUIDED THERAPEUTICS, INC. HAEMONETICS CORPORATION HASBRO, INC. HYPERTENSION DIAGNOSTICS, INC. HANGER ORTHOPEDIC GROUP INC HANSEN MEDICAL, INC. HOLOGIC INC HILL-ROM HOLDINGS, INC. ARRHYTHMIA RESEARCH TECHNOLOGY HEARTWARE INTERNATIONAL, INC. INTEGRA LIFESCIENCES HOLDINGS, INC. ICAD, INC. ICU MEDICAL, INC. IMAGING DIAGNOSTIC SYS IMAGING3, INC. INFUSYSTEMS HOLDINGS, INC. IRIDEX CORPORATION ISORAY, INC. INTUITIVE SURGICAL, INC. INVACARE CORPORATION IVAX DIAGNOSTICS, INC. INVO BIOSCIENCE, INC. JAKKS PACIFIC, INC. JOHNSON & JOHNSON KIPS BAY MEDICAL, INC. KENSEY NASH CORPORATION LAKELAND INDUSTRIES, INC. LEMAITRE VASCULAR, INC. LUMINEX CORPORATION LEUCADIA NATIONAL CORPORATION MAKO SURGICAL CORPORATION MASIMO CORPORATION MEDICAL ACTION INDUSTRIES MEDICAL INTERNATIONAL TECHNOLOGY, INC. MEDTRONIC, INC. MIMEDX GROUP, INC. MILESTONE SCIENTIFIC, INC. 3M CO MERIT MEDICAL SYSTEMS MOOG, INC. B MEDPRO SAFETY PRODUCTS MINE SAFETY APPLIANCES NAVIDEA BIOPHARMACEUTICALS INC NEPHROS, INC. NON INVASIVE MONITORING SYSTEMS NMT MEDICAL, INC. NANOSPHERE, INC. NEUROMETRIX INC NUVASIVE, INC. NEWCARDIO, INC. OCULUS INNOVATIVE SCIENCES, INC. ORASURE TECHNOLOGIES, INC. PRO-DEX, INC. PATHFINDER CELL THERAPY INC PHOTOMEDEX, INC. PALOMAR MEDICAL TECHNOLOGIES INC. INSULET CORPORATION POSITRON CORPORATION PATIENT SAFETY TECHNOLOGIES, INC. QUANTRX BIOMEDICAL CORPORATION REMEDENT, INC. REPRO-MED SYSTEMS, INC. RF INDUSTRIES, LTD. RESMED INC. ROCKWELL MEDICAL TECHNOLOGY, INC. ROCHESTER MEDICAL CORPORATION RETRACTABLE TECHNOLOGIES, INC. RADIENT PHARMACEUTICALS CORP SPECTRASCIENCE, INC. SCIVANTA MEDICAL CORPORATION SIRONA DENTAL SYSTEMS, INC. SOLTA MEDICAL, INC. SYMMETRY MEDICAL, INC. SUNRIDGE INTERNATIONAL, INC. SONOSITE, INC. SPAN-AMERICA MEDICAL SPEEDUS CORP SPECTRANETICS CORPORATION STERIS CORPORATION ST JUDE MEDICAL, INC. STEREOTAXIS, INC. SYNERGETICS USA, INC. SUNWAY GLOBAL, INC. STRYKER CORPORATION SYNOVIS LIFE TECHNOLOGIES, INC. TELEFLEX INC. THORATEC LABORATORIES CORPORATION TRIMEDYNE, INC. TECHNISCAN, INC. TRANS1, INC. UNITED HEALTH PRODUCTS, INC. UROLOGIX, INC. UNILIFE CORPORATION UROPLASTY, INC. UTAH MEDICAL PRODUCTS VARIAN MEDICAL SYSTEMS, INC. VASCULAR SOLUTIONS, INC. VASOMEDICAL, INC. VICOR TECHNOLOGIES, INC. VIKING SYSTEMS, INC. VOLCANO CORPORATION VISION-SCIENCES INC (DE) VYCOR MEDICAL, INC. VYTERIS, INC. WORLD HEART CORPORATION WRIGHT MEDICAL GROUP, INC. WOUND MANAGEMENT TECHNOLOGIES, INC. WELLTEK, INC. WINNER MEDICAL GROUP, INC. DENTSPLY INTERNATIONAL, INC. YOUNG INNOVATIONS, INC. ZELTIQ AESTHETICS INC ZIMMER HOLDINGS INC ZOLL MEDICAL CORPORATION ZYNEX, INC. SIC CODE 3841 ABIOMED, INC. ABBOTT LABORATORIES ALLERGAN, INC. ANTARES PHARMA, INC. ALLIQUA, INC. ANGEION CORPORATION ANIKA THERAPEUTICS, INC. ACUNETX, INC. ACCURAY, INC. ADVANSOURCE BIOMATERIALS CORPORATION APOGEE TECHNOLOGY, INC. ALPHATEC HOLDINGS, INC. ATRICURE, INC. ATRION CORPORATION BAETA CORP BAXTER INTERNATIONAL INC. C.R. BARD, INC. BECTON DICKINSON & CO BIODRAIN MEDICAL, INC. BIOJECT MEDICAL TECHNOLOGIES, INC. BIOMIMETIC THERAPEUTICS, INC. BOSTON SCIENTIFIC, INC. BIOSYNERGY, INC. BOVIE MEDICAL CORPORATION CAS MEDICAL SYSTEMS, INC. CERUS CORPORATION ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report CANTEL MEDICAL CORPORATION COOPER COMPANIES CONCEPTUS, INC. CARDICA, INC. CRYOLIFE CARDIOVASCULAR SYSTEMS, INC. CYTOCORE, INC. CYTORI THERAPEUTICS, INC. DEXCOM, INC. DAXOR CORPORATION ENCISION, INC. ENDOLOGIX, INC. GREATBATCH, INC. GENMARK DIAGNOSTICS, INC. GEN-PROBE, INC. HAEMONETICS CORPORATION HYPERTENSION DIAGNOSTICS, INC. HILL-ROM HOLDINGS, INC. HEARTWARE INTERNATIONAL, INC. INTEGRA LIFESCIENCES HOLDINGS, INC. ICAD, INC. ICU MEDICAL, INC. ISORAY, INC. IVAX DIAGNOSTICS, INC. INVO BIOSCIENCE, INC. KIPS BAY MEDICAL, INC. KENSEY NASH CORPORATION LEMAITRE VASCULAR, INC. LUMINEX CORPORATION MEDICAL INTERNATIONAL TECHNOLOGY, INC. 3M CO MERIT MEDICAL SYSTEMS MOOG, INC. B MEDPRO SAFETY PRODUCTS NEPHROS, INC. NMT MEDICAL, INC. NANOSPHERE, INC. NEUROMETRIX INC NUVASIVE, INC. NEWCARDIO, INC. OCULUS INNOVATIVE SCIENCES, INC. ORASURE TECHNOLOGIES, INC. PRO-DEX, INC. INSULET CORPORATION QUANTRX BIOMEDICAL CORPORATION REPRO-MED SYSTEMS, INC. RESMED INC. ROCHESTER MEDICAL CORPORATION RETRACTABLE TECHNOLOGIES, INC. RADIENT PHARMACEUTICALS CORP SCIVANTA MEDICAL CORPORATION SUNRIDGE INTERNATIONAL, INC. SONOSITE, INC. SPEEDUS CORP STRYKER CORPORATION TELEFLEX INC. TECHNISCAN, INC. TRANS1, INC. UNILIFE CORPORATION UROPLASTY, INC. UTAH MEDICAL PRODUCTS VASCULAR SOLUTIONS, INC. VICOR TECHNOLOGIES, INC. VYCOR MEDICAL, INC. VYTERIS, INC. SIC CODE 3842 ALLIED HEALTHCARE PRODUCTS ALIGN TECHNOLOGY, INC. ALPHA PRO TECH, LTD. CREATIVE LEARNING CORP CANTEL MEDICAL CORPORATION CONMED CORPORATION CHINA SKY ONE MEDICAL, INC. DYNAMIC ENERGY ALLIANCE CORP EDWARDS LIFESCIENCES CORPORATION EXACTECH, INC. FREEDOM ENVIRONMENTAL SERVICES, INC. A HANGER ORTHOPEDIC GROUP INC 35 Stocks, Bonds, Bills, and Inflation HANSEN MEDICAL, INC. INTUITIVE SURGICAL, INC. INVACARE CORPORATION JOHNSON & JOHNSON LAKELAND INDUSTRIES, INC. MAKO SURGICAL CORPORATION MEDICAL ACTION INDUSTRIES MIMEDX GROUP, INC. MINE SAFETY APPLIANCES PATHFINDER CELL THERAPY INC PATIENT SAFETY TECHNOLOGIES, INC. SYMMETRY MEDICAL, INC. SPAN-AMERICA MEDICAL STERIS CORPORATION SYNOVIS LIFE TECHNOLOGIES, INC. UNITED HEALTH PRODUCTS, INC. WRIGHT MEDICAL GROUP, INC. WOUND MANAGEMENT TECHNOLOGIES, INC. WINNER MEDICAL GROUP, INC. ZIMMER HOLDINGS INC SIC CODE 3843 BIOLASE TECHNOLOGY BIOMERICA, INC. CONMED CORPORATION DANAHER CORPORATION MILESTONE SCIENTIFIC, INC. REMEDENT, INC. DENTSPLY INTERNATIONAL, INC. YOUNG INNOVATIONS, INC. SIC CODE 3844 AMERICAN SCIENCE & ENGINEERING, INC. HASBRO, INC. HOLOGIC INC IMAGING3, INC. JAKKS PACIFIC, INC. LEUCADIA NATIONAL CORPORATION NAVIDEA BIOPHARMACEUTICALS INC SIRONA DENTAL SYSTEMS, INC. SIC CODE 3845 ARADIGM CORPORATION ARTHROCARE CORPORATION AXOGEN INC NATUS MEDICAL, INC. BIOLIFE SOLUTIONS, INC. BSD MEDICAL CORPORATION CAMBRIDGE HEART, INC. CUTERA, INC. CYBERONICS, INC. CYNOSURE, INC. DYNATRONICS CORPORATION ELECTROMED, INC. ESCALON MEDICAL CORPORATION FONAR CORPORATION GUIDED THERAPEUTICS, INC. ARRHYTHMIA RESEARCH TECHNOLOGY IMAGING DIAGNOSTIC SYS INFUSYSTEMS HOLDINGS, INC. IRIDEX CORPORATION MASIMO CORPORATION MEDTRONIC, INC. NON INVASIVE MONITORING SYSTEMS PHOTOMEDEX, INC. PALOMAR MEDICAL TECHNOLOGIES INC. POSITRON CORPORATION RF INDUSTRIES, LTD. ROCKWELL MEDICAL TECHNOLOGY, INC. SPECTRASCIENCE, INC. SOLTA MEDICAL, INC. SPECTRANETICS CORPORATION ST JUDE MEDICAL, INC. STEREOTAXIS, INC. SYNERGETICS USA, INC. SUNWAY GLOBAL, INC. THORATEC LABORATORIES CORPORATION TRIMEDYNE, INC. UROLOGIX, INC. VARIAN MEDICAL SYSTEMS, INC. VASOMEDICAL, INC. VIKING SYSTEMS, INC. VOLCANO CORPORATION VISION-SCIENCES INC (DE) WORLD HEART CORPORATION WELLTEK, INC. ZELTIQ AESTHETICS INC ZOLL MEDICAL CORPORATION ZYNEX, INC. SIC CODE 385 COOPER COMPANIES ORANGE 21, INC. SIGNATURE EYEWEAR, INC. STAAR SURGICAL UNILENS VISION, INC. SIC CODE 3851 COOPER COMPANIES ORANGE 21, INC. SIGNATURE EYEWEAR, INC. STAAR SURGICAL UNILENS VISION, INC. SIC CODE 386 BALLANTYNE OF OMAHA, INC. CHYRON CORPORATION EASTMAN KODAK COMPANY IKONICS CORPORATION X-RITE, INC. SIC CODE 3861 BALLANTYNE OF OMAHA, INC. CHYRON CORPORATION EASTMAN KODAK COMPANY IKONICS CORPORATION X-RITE, INC. 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All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report OCTAVIAN GLOBAL TECHNOLOGIES, INC. OIL-DRI CORPORATION OF AMERICA ORANGE 21, INC. PRECISION CASTPARTS CORP. POKERTEK, INC. POWIN CORP ROWAN COMPANIES, INC. SHUFFLE MASTER SAN WEST INC SONOCO PRODUCTS COMPANY SPECTRUM BRANDS HOLDINGS INC SUMMER INFANT, INC. TRANS-LUX CORPORATION UNITED AMERICAN HEALTHCARE CORPORATION VISTA INTERNATIONAL TECHNOLOGIES, INC. WORLDWIDE ENERGY AND MANUFACTURING USA, INC. WMS INDUSTRIES, INC. SIC CODE 394 ADAMS GOLF, INC. ALDILA, INC. BLACK DIAMOND, INC. CHINA POLYPEPTIDE GROUP, INC. CYBEX INTERNATIONAL, INC. DAC TECHNOLOGIES GROUP INTERNATIONAL, INC. CALLAWAY GOLF COMPANY ESCALADE, INC. FEEL GOLF CO, INC. GAMING PARTNERS INTERNATIONAL CORP HASBRO, INC. JAKKS PACIFIC, INC. JOHNSON OUTDOORS, INC. A KID BRANDS, INC. LEAPFROG ENTERPRISES, INC. MATTEL, INC. NAUTILUS GROUP, INC. NOCOPI TECHNOLOGIES, INC. 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POWIN CORP ROWAN COMPANIES, INC. SHUFFLE MASTER SONOCO PRODUCTS COMPANY SPECTRUM BRANDS HOLDINGS INC SUMMER INFANT, INC. TRANS-LUX CORPORATION UNITED AMERICAN HEALTHCARE CORPORATION VISTA INTERNATIONAL TECHNOLOGIES, INC. WORLDWIDE ENERGY AND MANUFACTURING USA, INC. WMS INDUSTRIES, INC. SIC CODE 3999 ACTIVECARE, INC. AMERESCO, INC. BRADY CORPORATION A BLYTH, INC. ZIYANG CERAMICS CORP CERADYNE, INC. CAREVIEW COMMUNICATIONS, INC. DAKTRONICS, INC. DAIS ANALYTIC CORPORATION ECOLOCAP SOLUTIONS, INC. ELITE ENERGIES, INC. ENTERTAINMENT GAMING ASIA, INC. EMPOWERED PRODUCTS INC ENTECH SOLAR, INC. INTERNATIONAL GAME TECH. II-VI, INC. 3M CO QUANEX BUILDING PRODUCTS CORP OIL-DRI CORPORATION OF AMERICA ORANGE 21, INC. POKERTEK, INC. POWIN CORP ROWAN COMPANIES, INC. SONOCO PRODUCTS COMPANY SPECTRUM BRANDS HOLDINGS INC SUMMER INFANT, INC. UNITED AMERICAN HEALTHCARE CORPORATION VISTA INTERNATIONAL TECHNOLOGIES, INC. WORLDWIDE ENERGY AND MANUFACTURING USA, INC. WMS INDUSTRIES, INC. SIC CODE 40 CSX CORP GENESEE & WYOMING, INC. A KANSAS CITY SOUTHERN, INC. NORFOLK SOUTHERN CORPORATION PROVIDENCE & WORCESTER RAILROAD COMPANY RAILAMERICA INC. UNION PACIFIC CORP SIC CODE 401 CSX CORP GENESEE & WYOMING, INC. A KANSAS CITY SOUTHERN, INC. NORFOLK SOUTHERN CORPORATION PROVIDENCE & WORCESTER RAILROAD COMPANY RAILAMERICA INC. UNION PACIFIC CORP SIC CODE 4011 CSX CORP GENESEE & WYOMING, INC. A KANSAS CITY SOUTHERN, INC. NORFOLK SOUTHERN CORPORATION PROVIDENCE & WORCESTER RAILROAD COMPANY RAILAMERICA INC. UNION PACIFIC CORP SIC CODE 42 ARKANSAS BEST CORPORATION AMCOL INTERNATIONAL CORPORATION AQUASIL INTERNATIONAL, INC. AUTOINFO, INC. BLACKWATER MIDSTREAM CORPORATION CONFORCE INTERNATIONAL, INC. CON-WAY INC CUBIC CORPORATION COVENANT TRANSPORTATION GROUP, INC. A FROZEN FOOD EXPRESS INDUSTRIES HEARTLAND EXPRESS, INC. INTEGRATED FREIGHT CORP IRON MOUNTAIN INC J.B. HUNT TRANSPORT SERVICES, INC. KNIGHT TRANSPORTATION, INC. LANDSTAR SYSTEM, INC. MARTEN TRANSPORT, LTD. OLD DOMINION FREIGHT LINES OTTER TAIL CORPORATION PATRIOT TRANSPORTATION HOLDINGS, INC. PUBLIC STORAGE P.A.M. TRANSPORTATION QUALITY DISTRIBUTION, INC. RTI INTERNATIONAL METALS, INC. SAIA, INC. SWIFT TRANSPORTATION CO UNIVERSAL TRUCKLOAD SERVICES, INC. UNITED PARCEL SERVICE INC (UPS) USA TRUCK WERNER ENTERPRISES, INC. YRC WORLDWIDE, INC. SIC CODE 421 ARKANSAS BEST CORPORATION AMCOL INTERNATIONAL CORPORATION AQUASIL INTERNATIONAL, INC. AUTOINFO, INC. CON-WAY INC CUBIC CORPORATION COVENANT TRANSPORTATION GROUP, INC. A FROZEN FOOD EXPRESS INDUSTRIES HEARTLAND EXPRESS, INC. INTEGRATED FREIGHT CORP J.B. HUNT TRANSPORT SERVICES, INC. KNIGHT TRANSPORTATION, INC. LANDSTAR SYSTEM, INC. MARTEN TRANSPORT, LTD. OLD DOMINION FREIGHT LINES PATRIOT TRANSPORTATION HOLDINGS, INC. P.A.M. TRANSPORTATION QUALITY DISTRIBUTION, INC. SAIA, INC. SWIFT TRANSPORTATION CO UNIVERSAL TRUCKLOAD SERVICES, INC. UNITED PARCEL SERVICE INC (UPS) USA TRUCK WERNER ENTERPRISES, INC. YRC WORLDWIDE, INC. 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IRON MOUNTAIN INC PUBLIC STORAGE RTI INTERNATIONAL METALS, INC. SIC CODE 44 ALEXANDER & BALDWIN, INC. SEACOR HOLDINGS INC GATX CORP HORNBECK OFFSHORE SERVICES, INC. HORIZON LINES INC INTERNATIONAL SHIPHOLDING CORPORATION KIRBY CORP. MARTIN MIDSTREAM PARTNERS L.P. NORTHWEST PIPE COMPANY ODYSSEY MARINE EXPLORATION, INC. OVERSEAS SHIPHOLDING GROUP RAND LOGISTICS, INC. SEABOARD CORPORATION TIDEWATER, INC. TRICO MARINE SERVICES, INC. TRAI THIEN USA, INC. WLG, INC. SIC CODE 441 SEACOR HOLDINGS INC INTERNATIONAL SHIPHOLDING CORPORATION MARTIN MIDSTREAM PARTNERS L.P. OVERSEAS SHIPHOLDING GROUP TRICO MARINE SERVICES, INC. TRAI THIEN USA, INC. SIC CODE 4412 SEACOR HOLDINGS INC INTERNATIONAL SHIPHOLDING CORPORATION MARTIN MIDSTREAM PARTNERS L.P. OVERSEAS SHIPHOLDING GROUP TRICO MARINE SERVICES, INC. TRAI THIEN USA, INC. SIC CODE 45 AVANTAIR, INC. AMR CORP AVSTAR AVIATION GROUP, INC. ATLAS AIR WORLDWIDE HOLDINGS INC AIR METHODS CORP. AIR T, INC. ALLEGIANT TRAVEL COMPANY, LLC. ALASKA AIR GROUP, INC. ALPINE AIR EXPRESS, INC. AIR TRANSPORT SERVICES GROUP, INC. BRISTOW GROUP, INC. SEACOR HOLDINGS INC DELTA AIR LINES INC EXPEDITORS INTERNATIONAL OF WASHINGTON, FEDEX CORPORATION FORWARD AIR CORPORATION GREAT LAKES AVIATION, LTD. GATX CORP GOODRICH CORPORATION HAWAIIAN HOLDINGS, INC. JETBLUE AIRWAYS CORPORATION US AIRWAYS GROUP INC LMI AEROSPACE, INC. SOUTHWEST AIRLINES CO PHI, INC. PINNACLE AIRLINES, INC. REPUBLIC AIRWAYS HOLDINGS, INC. ROADRUNNER TRANSPORTATION SYSTEMS, INC. SPIRIT AIRLINES INC 37 Stocks, Bonds, Bills, and Inflation SAKER AVIATION SERVICES, INC. SKYWEST, INC. UNITED CONTINENTAL HOLDINGS INC UNITED PARCEL SERVICE INC (UPS) SIC CODE 451 AMR CORP AIR T, INC. ALLEGIANT TRAVEL COMPANY, LLC. ALASKA AIR GROUP, INC. AIR TRANSPORT SERVICES GROUP, INC. DELTA AIR LINES INC EXPEDITORS INTERNATIONAL OF WASHINGTON, FEDEX CORPORATION FORWARD AIR CORPORATION GREAT LAKES AVIATION, LTD. GATX CORP HAWAIIAN HOLDINGS, INC. JETBLUE AIRWAYS CORPORATION US AIRWAYS GROUP INC SOUTHWEST AIRLINES CO PINNACLE AIRLINES, INC. REPUBLIC AIRWAYS HOLDINGS, INC. SPIRIT AIRLINES INC SKYWEST, INC. UNITED CONTINENTAL HOLDINGS INC UNITED PARCEL SERVICE INC (UPS) SIC CODE 4512 AMR CORP ALLEGIANT TRAVEL COMPANY, LLC. ALASKA AIR GROUP, INC. DELTA AIR LINES INC EXPEDITORS INTERNATIONAL OF WASHINGTON, FORWARD AIR CORPORATION GREAT LAKES AVIATION, LTD. GATX CORP HAWAIIAN HOLDINGS, INC. JETBLUE AIRWAYS CORPORATION US AIRWAYS GROUP INC SOUTHWEST AIRLINES CO PINNACLE AIRLINES, INC. REPUBLIC AIRWAYS HOLDINGS, INC. SPIRIT AIRLINES INC SKYWEST, INC. UNITED CONTINENTAL HOLDINGS INC UNITED PARCEL SERVICE INC (UPS) SIC CODE 452 AVANTAIR, INC. ATLAS AIR WORLDWIDE HOLDINGS INC AIR METHODS CORP. ALPINE AIR EXPRESS, INC. BRISTOW GROUP, INC. SEACOR HOLDINGS INC GATX CORP PHI, INC. ROADRUNNER TRANSPORTATION SYSTEMS, INC. SIC CODE 4522 AVANTAIR, INC. ATLAS AIR WORLDWIDE HOLDINGS INC AIR METHODS CORP. ALPINE AIR EXPRESS, INC. BRISTOW GROUP, INC. SEACOR HOLDINGS INC GATX CORP PHI, INC. ROADRUNNER TRANSPORTATION SYSTEMS, INC. SIC CODE 46 AMERICAN ELECTRIC POWER CO INC BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. BUCKEYE PARTNERS, L.P. DCP MIDSTREAM PARTNERS LP DTE ENERGY HOLDING COMPANY ENBRIDGE ENERGY PARTNERS LP GENESIS ENERGY LP HOLLY ENERGY HOLLYFRONTIER CORP MAGELLAN MIDSTREAM PARTNERS, L.P. NUSTAR ENERGY, L.P. NUSTAR GP HOLDINGS, LLC PLAINS ALL AMERICAN PIPELINE LP ROSE ROCK MIDSTREAM LP SUNOCO LOGISTICS PARTNERS TRANS ENERGY, INC. TESORO LOGISTICS LP TRANSMONTAIGNE PARTNERS L.P. WESTERN REFINING INC SIC CODE 461 AMERICAN ELECTRIC POWER CO INC BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. BUCKEYE PARTNERS, L.P. DCP MIDSTREAM PARTNERS LP DTE ENERGY HOLDING COMPANY ENBRIDGE ENERGY PARTNERS LP GENESIS ENERGY LP HOLLY ENERGY HOLLYFRONTIER CORP MAGELLAN MIDSTREAM PARTNERS, L.P. NUSTAR ENERGY, L.P. NUSTAR GP HOLDINGS, LLC PLAINS ALL AMERICAN PIPELINE LP ROSE ROCK MIDSTREAM LP SUNOCO LOGISTICS PARTNERS TRANS ENERGY, INC. TESORO LOGISTICS LP TRANSMONTAIGNE PARTNERS L.P. WESTERN REFINING INC SIC CODE 4612 BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. BUCKEYE PARTNERS, L.P. DTE ENERGY HOLDING COMPANY ENBRIDGE ENERGY PARTNERS LP GENESIS ENERGY LP HOLLYFRONTIER CORP MAGELLAN MIDSTREAM PARTNERS, L.P. NUSTAR GP HOLDINGS, LLC ROSE ROCK MIDSTREAM LP SUNOCO LOGISTICS PARTNERS TRANSMONTAIGNE PARTNERS L.P. SIC CODE 4613 BUCKEYE PARTNERS, L.P. HOLLY ENERGY NUSTAR ENERGY, L.P. SUNOCO LOGISTICS PARTNERS TESORO LOGISTICS LP WESTERN REFINING INC SIC CODE 4619 AMERICAN ELECTRIC POWER CO INC DCP MIDSTREAM PARTNERS LP ENBRIDGE ENERGY PARTNERS LP PLAINS ALL AMERICAN PIPELINE LP TRANS ENERGY, INC. SIC CODE 47 ANDERSONS, INC. AIR TRANSPORT SERVICES GROUP, INC. BOWLIN TRAVEL CENTERS, INC. CELADON GROUP, INC. CH ROBINSON WORLDWIDE, INC. CON-WAY INC COVENANT TRANSPORTATION GROUP, INC. A CORNERWORLD CORPORATION ECHO GLOBAL LOGISTICS, INC. ECOLOGIC TRANSPORTATION, INC. ENERGY TRANSFER PARTNERS, L.P. EXPEDIA, INC. FORWARD AIR CORPORATION GATX CORP HERCULES OFFSHORE, INC. HUNT FOR TRAVEL, INC. HUB GROUP, INC. CLASS A INNOLOG HOLDINGS CORP INTERNATIONAL ISOTOPES, INC. KINDER MORGAN ENERGY PARTNERS LP MANITEX INTERNATIONAL, INC. MARTEN TRANSPORT, LTD. ONLINE VACATION CENTER HOLDINGS CORP ORANGE 21, INC. ORBITZ WORLDWIDE, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report PACER INTERNATIONAL, INC. PURE EARTH, INC. RADIANT LOGISTICS, INC. SINO GAS INTERNATIONAL HOLDINGS INC SINO-GLOBAL SHIPPING AMERICA, LTD. TRIPADVISOR INC UNIVERSAL TRAVEL GROUP VIAD CORPORATION WERNER ENTERPRISES, INC. WLG, INC. WINLAND OCEAN SHIPPING CORP WILLAMETTE VALLEY VINEYARDS XPO LOGISTICS INC YRC WORLDWIDE, INC. YTB INTERNATIONAL, INC. ZIPCAR INC SIC CODE 472 BOWLIN TRAVEL CENTERS, INC. EXPEDIA, INC. ONLINE VACATION CENTER HOLDINGS CORP ORBITZ WORLDWIDE, INC. TRIPADVISOR INC UNIVERSAL TRAVEL GROUP VIAD CORPORATION YTB INTERNATIONAL, INC. SIC CODE 4724 EXPEDIA, INC. ONLINE VACATION CENTER HOLDINGS CORP ORBITZ WORLDWIDE, INC. TRIPADVISOR INC YTB INTERNATIONAL, INC. SIC CODE 473 AIR TRANSPORT SERVICES GROUP, INC. CELADON GROUP, INC. CH ROBINSON WORLDWIDE, INC. CON-WAY INC COVENANT TRANSPORTATION GROUP, INC. A ECHO GLOBAL LOGISTICS, INC. FORWARD AIR CORPORATION HERCULES OFFSHORE, INC. HUB GROUP, INC. CLASS A MARTEN TRANSPORT, LTD. ORANGE 21, INC. PACER INTERNATIONAL, INC. PURE EARTH, INC. RADIANT LOGISTICS, INC. SINO-GLOBAL SHIPPING AMERICA, LTD. WERNER ENTERPRISES, INC. WLG, INC. WINLAND OCEAN SHIPPING CORP WILLAMETTE VALLEY VINEYARDS SIC CODE 4731 AIR TRANSPORT SERVICES GROUP, INC. CELADON GROUP, INC. CH ROBINSON WORLDWIDE, INC. CON-WAY INC COVENANT TRANSPORTATION GROUP, INC. A ECHO GLOBAL LOGISTICS, INC. FORWARD AIR CORPORATION HERCULES OFFSHORE, INC. HUB GROUP, INC. CLASS A MARTEN TRANSPORT, LTD. ORANGE 21, INC. PACER INTERNATIONAL, INC. PURE EARTH, INC. RADIANT LOGISTICS, INC. SINO-GLOBAL SHIPPING AMERICA, LTD. WERNER ENTERPRISES, INC. WLG, INC. WINLAND OCEAN SHIPPING CORP WILLAMETTE VALLEY VINEYARDS SIC CODE 478 AIR TRANSPORT SERVICES GROUP, INC. CORNERWORLD CORPORATION ENERGY TRANSFER PARTNERS, L.P. HUNT FOR TRAVEL, INC. INNOLOG HOLDINGS CORP INTERNATIONAL ISOTOPES, INC. 38 Stocks, Bonds, Bills, and Inflation KINDER MORGAN ENERGY PARTNERS LP MANITEX INTERNATIONAL, INC. SINO GAS INTERNATIONAL HOLDINGS INC XPO LOGISTICS INC YRC WORLDWIDE, INC. ZIPCAR INC SIC CODE 4789 AIR TRANSPORT SERVICES GROUP, INC. CORNERWORLD CORPORATION ENERGY TRANSFER PARTNERS, L.P. HUNT FOR TRAVEL, INC. INNOLOG HOLDINGS CORP INTERNATIONAL ISOTOPES, INC. KINDER MORGAN ENERGY PARTNERS LP MANITEX INTERNATIONAL, INC. XPO LOGISTICS INC YRC WORLDWIDE, INC. ZIPCAR INC SIC CODE 48 ABOVENET, INC. ACME COMMUNICATIONS, INC. ALASKA COMMUNICATIONS SYSTEMS GROUP AMC NETWORKS INC AMERICAN TOWER CORP A ARC WIRELESS SOLUTIONS, INC. ARUBA NETWORKS, INC. ATLANTIC TELE-NETWORK, INC. AUGME TECHNOLOGIES, INC. BEASLEY BROADCAST GROUP, INC. A BEACON ENTERPRISE SOLUTIONS GROUP, INC. BLUEPRINT TECHNOLOGIES, INC. BELO CORPORATION CINCINNATI BELL INC YOU ON DEMAND HOLDINGS INC CBEYOND COMMUNICATIONS, INC. CBS CORPORATION A CROWN CASTLE INTERNATIONAL CORP CC MEDIA HOLDINGS INC COGENT COMMUNICATIONS GROUP, INC. COMPETITIVE COMPANIES CHINA CRESCENT ENTERPRISES, INC. CHARTER COMMUNICATIONS INC CIENA CORPORATION CLEARTRONIC INC COMCAST CORP A CUMULUS MEDIA, INC. A COMVERSE TECHNOLOGY, INC. CONCIERGE TECHNOLOGIES, INC. CONSOLIDATED COMMUNICATIONS, INC. COUNSEL RB CAPITAL, INC. CROWN MEDIA HOLDINGS, INC. A CTC MEDIA, INC. CTI GROUP HOLDINGS, INC. CENTURYLINK INC CABLEVISION SYSTEMS CORP A CORNERWORLD CORPORATION DEBUT BROADCASTING CORPORATION, INC. DELTATHREE, INC. DIGITALGLOBE INC DIAL GLOBAL INC DIRECT VIEW HOLDINGS, INC. WALT DISNEY CO DISCOVERY COMMUNICATIONS INC B DISH NETWORK CORP DIALOGIC, INC. DIGERATI TECHNOLOGIES INC 8X8, INC. ELANDIA, INC. ELEVATE INC EMMIS COMMUNICATIONS CORP A EON COMMUNICATIONS CORPORATION EQUINIX, INC. ELEPHANT TALK COMMUNICATIONS, INC. ENTERCOM COMMUNICATIONS CORPORATION ENTRAVISION COMMUNICATIONS CORPORATION FORTUNE INDUSTRIES, INC. FLINT TELECOM GROUP INC. FAIRPOINT COMMUNICATIONS, INC. FISHER COMMUNICATIONS, INC. FUSION TELECOMMUNICATIONS INTERNATIONAL FRONTIER COMMUNICATIONS CORP CLASS B FIBERTOWER CORPORATION GLOBETRAC, INC. GANNETT CO INC GEOS COMMUNICATIONS, INC. GENERAL ELECTRIC CO GRIFFON CORPORATION GLOWPOINT, INC. GENERAL COMMUNICATION A GLOBALSTAR, INC. GRAY TELEVISION, INC. HSN, INC. HS3 TECHNOLOGIES, INC. HICKORY TECH CORP INTERDIGITAL INC IDT CORPORATION B INTERMETRO COMMUN, INC. INFOSPACE, INC. IRIDIUM COMMUNICATIONS, INC. ISECURETRAC CORPORATION J2 GLOBAL INC JUMA TECHNOLOGY CORPORATION KNOLOGY, INC. LIBERTY GLOBAL, INC. B LEAP WIRELESS INTERNATIONAL, INC. LIBERTY INTERACTIVE CORP B LIBERTY MEDIA CORPORATION A LUMOS NETWORKS CORP LODGENET INTERACTIVE CORPORATION LEVEL 3 COMMUNICATIONS INC LIGHTYEAR NETWORK SOLUTIONS, INC. MULTIBAND CORPORATION MEDIA TECHNOLOGIES, INC. MDU COMMUNICATIONS INTERNATIONAL MOTOROLA MOBILITY HOLDINGS, INC. NEUMEDIA, INC. MEDISWIPE INC M-WISE, INC. NII HOLDINGS INC NUMEREX NEWPORT DIGITAL TECHNOLOGIES, INC. NEUSTAR, INC. NET TALK.COM, INC. NTELOS HOLDINGS CORP NTN BUZZTIME, INC. NEW ULM TELECOM NOVATEL WIRELESS, INC. NEWS CORP B NEXSTAR BROADCASTING GROUP INC A OMNICITY CORPORATION ORBCOMM, INC. OTELCO, INC. INCOME DEPOSIT SECS UNITS CONS OF 1 SH -A- + 1 SN 2019 OUTDOORS CHANNEL HOLDINGS, INC. PANDORA MEDIA INC METROPCS COMMUNICATIONS INC PCTEL, INC. PREMIERE GLOBAL SERVICES, INC. PLAYERS NETWORK, INC. PREFERRED VOICE, INC. PRO-TECH INDUSTRIES INC PEGASUS TEL, INC. PRIMUS TELECOMMUNICATIONS GROUP, INC. PERVASIP CORP QUANTA SERVICES, INC. ROOMLINX, INC RADIO ONE, INC. D SPOT MOBILE INTERNATIONAL LTD. REDTONE ASIA, INC. ROYAL QUANTUM GROUP, INC. SPRINT NEXTEL CORP INCONTACT, INC. SALEM COMMUNICATIONS CORPORATION SBA COMMUNICATIONS CORP SINCLAIR BROADCAST GROUP, INC. SPANISH BROADCASTING SYSTEM INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SAGA COMMUNICATIONS, INC. SHENANDOAH TELECOMMUNICATIONS CO SIRIUS XM RADIO INC. SMOOTH GLOBAL (CHINA) HOLDINGS, INC. SMARTLINX, INC. SCRIPPS NETWORKS INTERACTIVE INC E.W. SCRIPPS COMPANY A SUREWEST COMMUNICATIONS AT&T INC TRUNKBOW INTERNATIONAL HOLDINGS LTD. TELEPHONE AND DATA SYSTEMS, INC. TETRIDYN SOLUTIONS, INC. THWAPR, INC. TIVO, INC. TELKONET, INC. TELETOUCH COMMUNICATIONS, INC. TELIPHONE CORPORATION NEUTRAL TANDEM, INC. LIN TV CORPORATION TIME WARNER CABLE INC A TOWERSTREAM CORPORATION TW TELECOM INC TIME WARNER INC TEXAS INSTRUMENTS, INC. UNILAVA CORPORATION UNITED STATES CELLULAR CORPORATION USA MOBILITY, INC. VELATEL GLOBAL COMMUNICATIONS INC VONAGE HOLDINGS CORPORATION VIDAROO CORP VEMICS, INC. VALMONT INDUSTRIES, INC. VOICE MOBILITY INTERNATIONAL, INC. VOICESERVE, INC. VERIZON COMMUNICATIONS INC WINDSTREAM CORP WPCS INTERNATIONAL, INC. WASHINGTON POST COMPANY WORLD WRESTLING ENTERTAINMENT, INC. WARWICK VALLEY TELEPHONE COMPANY XFONE, INC. ZOOM TELEPHONICS, INC. SIC CODE 481 ALASKA COMMUNICATIONS SYSTEMS GROUP ATLANTIC TELE-NETWORK, INC. BEACON ENTERPRISE SOLUTIONS GROUP, INC. CINCINNATI BELL INC COMPETITIVE COMPANIES CHINA CRESCENT ENTERPRISES, INC. CLEARTRONIC INC COMVERSE TECHNOLOGY, INC. CONSOLIDATED COMMUNICATIONS, INC. CTI GROUP HOLDINGS, INC. CENTURYLINK INC DELTATHREE, INC. DIALOGIC, INC. DIGERATI TECHNOLOGIES INC 8X8, INC. ELANDIA, INC. EON COMMUNICATIONS CORPORATION EQUINIX, INC. ELEPHANT TALK COMMUNICATIONS, INC. FLINT TELECOM GROUP INC. FAIRPOINT COMMUNICATIONS, INC. FUSION TELECOMMUNICATIONS INTERNATIONAL FRONTIER COMMUNICATIONS CORP CLASS B FIBERTOWER CORPORATION GLOBETRAC, INC. GEOS COMMUNICATIONS, INC. GLOWPOINT, INC. GENERAL COMMUNICATION A GLOBALSTAR, INC. HICKORY TECH CORP INTERDIGITAL INC IDT CORPORATION B INTERMETRO COMMUN, INC. INFOSPACE, INC. JUMA TECHNOLOGY CORPORATION 39 Stocks, Bonds, Bills, and Inflation KNOLOGY, INC. LEAP WIRELESS INTERNATIONAL, INC. LUMOS NETWORKS CORP LEVEL 3 COMMUNICATIONS INC LIGHTYEAR NETWORK SOLUTIONS, INC. MULTIBAND CORPORATION MEDISWIPE INC M-WISE, INC. NII HOLDINGS INC NTELOS HOLDINGS CORP NEW ULM TELECOM OTELCO, INC. INCOME DEPOSIT SECS UNITS CONS OF 1 SH -A- + 1 SN 2019 METROPCS COMMUNICATIONS INC PREFERRED VOICE, INC. PRO-TECH INDUSTRIES INC PEGASUS TEL, INC. PRIMUS TELECOMMUNICATIONS GROUP, INC. PERVASIP CORP QUANTA SERVICES, INC. SPOT MOBILE INTERNATIONAL LTD. REDTONE ASIA, INC. SPRINT NEXTEL CORP SHENANDOAH TELECOMMUNICATIONS CO SMOOTH GLOBAL (CHINA) HOLDINGS, INC. SUREWEST COMMUNICATIONS AT&T INC TRUNKBOW INTERNATIONAL HOLDINGS LTD. TELEPHONE AND DATA SYSTEMS, INC. TETRIDYN SOLUTIONS, INC. TELETOUCH COMMUNICATIONS, INC. NEUTRAL TANDEM, INC. TW TELECOM INC TEXAS INSTRUMENTS, INC. UNILAVA CORPORATION UNITED STATES CELLULAR CORPORATION USA MOBILITY, INC. VELATEL GLOBAL COMMUNICATIONS INC VONAGE HOLDINGS CORPORATION VALMONT INDUSTRIES, INC. VOICESERVE, INC. VERIZON COMMUNICATIONS INC WINDSTREAM CORP WARWICK VALLEY TELEPHONE COMPANY SIC CODE 4812 CLEARTRONIC INC COMVERSE TECHNOLOGY, INC. FIBERTOWER CORPORATION GEOS COMMUNICATIONS, INC. GLOBALSTAR, INC. INTERDIGITAL INC KNOLOGY, INC. LEAP WIRELESS INTERNATIONAL, INC. M-WISE, INC. NII HOLDINGS INC METROPCS COMMUNICATIONS INC PEGASUS TEL, INC. SMOOTH GLOBAL (CHINA) HOLDINGS, INC. AT&T INC TETRIDYN SOLUTIONS, INC. TELETOUCH COMMUNICATIONS, INC. TEXAS INSTRUMENTS, INC. UNITED STATES CELLULAR CORPORATION USA MOBILITY, INC. VELATEL GLOBAL COMMUNICATIONS INC SIC CODE 4813 ALASKA COMMUNICATIONS SYSTEMS GROUP ATLANTIC TELE-NETWORK, INC. BEACON ENTERPRISE SOLUTIONS GROUP, INC. CINCINNATI BELL INC COMPETITIVE COMPANIES CHINA CRESCENT ENTERPRISES, INC. CONSOLIDATED COMMUNICATIONS, INC. CTI GROUP HOLDINGS, INC. CENTURYLINK INC DELTATHREE, INC. DIALOGIC, INC. DIGERATI TECHNOLOGIES INC 8X8, INC. ELANDIA, INC. EON COMMUNICATIONS CORPORATION EQUINIX, INC. ELEPHANT TALK COMMUNICATIONS, INC. FLINT TELECOM GROUP INC. FAIRPOINT COMMUNICATIONS, INC. FUSION TELECOMMUNICATIONS INTERNATIONAL FRONTIER COMMUNICATIONS CORP CLASS B GLOBETRAC, INC. GLOWPOINT, INC. GENERAL COMMUNICATION A HICKORY TECH CORP IDT CORPORATION B INTERMETRO COMMUN, INC. INFOSPACE, INC. JUMA TECHNOLOGY CORPORATION LUMOS NETWORKS CORP LEVEL 3 COMMUNICATIONS INC LIGHTYEAR NETWORK SOLUTIONS, INC. MULTIBAND CORPORATION MEDISWIPE INC NTELOS HOLDINGS CORP NEW ULM TELECOM OTELCO, INC. INCOME DEPOSIT SECS UNITS CONS OF 1 SH -A- + 1 SN 2019 PREFERRED VOICE, INC. PRO-TECH INDUSTRIES INC PRIMUS TELECOMMUNICATIONS GROUP, INC. PERVASIP CORP QUANTA SERVICES, INC. SPOT MOBILE INTERNATIONAL LTD. REDTONE ASIA, INC. SPRINT NEXTEL CORP SHENANDOAH TELECOMMUNICATIONS CO SUREWEST COMMUNICATIONS AT&T INC TRUNKBOW INTERNATIONAL HOLDINGS LTD. TELEPHONE AND DATA SYSTEMS, INC. NEUTRAL TANDEM, INC. TW TELECOM INC UNILAVA CORPORATION VONAGE HOLDINGS CORPORATION VALMONT INDUSTRIES, INC. VOICESERVE, INC. VERIZON COMMUNICATIONS INC WINDSTREAM CORP WARWICK VALLEY TELEPHONE COMPANY SIC CODE 483 ACME COMMUNICATIONS, INC. BEASLEY BROADCAST GROUP, INC. A BELO CORPORATION CBS CORPORATION A CC MEDIA HOLDINGS INC CUMULUS MEDIA, INC. A CTC MEDIA, INC. CABLEVISION SYSTEMS CORP A DEBUT BROADCASTING CORPORATION, INC. DIAL GLOBAL INC WALT DISNEY CO EMMIS COMMUNICATIONS CORP A ENTERCOM COMMUNICATIONS CORPORATION ENTRAVISION COMMUNICATIONS CORPORATION FISHER COMMUNICATIONS, INC. GANNETT CO INC GRAY TELEVISION, INC. NEUMEDIA, INC. NTN BUZZTIME, INC. NEWS CORP B NEXSTAR BROADCASTING GROUP INC A OUTDOORS CHANNEL HOLDINGS, INC. PANDORA MEDIA INC RADIO ONE, INC. D SALEM COMMUNICATIONS CORPORATION SINCLAIR BROADCAST GROUP, INC. SPANISH BROADCASTING SYSTEM INC SAGA COMMUNICATIONS, INC. SIRIUS XM RADIO INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report E.W. SCRIPPS COMPANY A LIN TV CORPORATION WASHINGTON POST COMPANY SIC CODE 4832 BEASLEY BROADCAST GROUP, INC. A CC MEDIA HOLDINGS INC CUMULUS MEDIA, INC. A DEBUT BROADCASTING CORPORATION, INC. DIAL GLOBAL INC EMMIS COMMUNICATIONS CORP A ENTERCOM COMMUNICATIONS CORPORATION ENTRAVISION COMMUNICATIONS CORPORATION FISHER COMMUNICATIONS, INC. PANDORA MEDIA INC RADIO ONE, INC. D SALEM COMMUNICATIONS CORPORATION SPANISH BROADCASTING SYSTEM INC SAGA COMMUNICATIONS, INC. SIRIUS XM RADIO INC. SIC CODE 4833 ACME COMMUNICATIONS, INC. BELO CORPORATION CBS CORPORATION A CTC MEDIA, INC. CABLEVISION SYSTEMS CORP A WALT DISNEY CO ENTRAVISION COMMUNICATIONS CORPORATION FISHER COMMUNICATIONS, INC. GANNETT CO INC GRAY TELEVISION, INC. NEUMEDIA, INC. NTN BUZZTIME, INC. NEWS CORP B NEXSTAR BROADCASTING GROUP INC A OUTDOORS CHANNEL HOLDINGS, INC. SINCLAIR BROADCAST GROUP, INC. SPANISH BROADCASTING SYSTEM INC SAGA COMMUNICATIONS, INC. E.W. SCRIPPS COMPANY A LIN TV CORPORATION WASHINGTON POST COMPANY SIC CODE 484 AMC NETWORKS INC YOU ON DEMAND HOLDINGS INC CBS CORPORATION A CHARTER COMMUNICATIONS INC COMCAST CORP A CROWN MEDIA HOLDINGS, INC. A CABLEVISION SYSTEMS CORP A DISCOVERY COMMUNICATIONS INC B DISH NETWORK CORP GENERAL ELECTRIC CO GENERAL COMMUNICATION A HSN, INC. LIBERTY GLOBAL, INC. B LIBERTY INTERACTIVE CORP B LIBERTY MEDIA CORPORATION A NEWS CORP B OUTDOORS CHANNEL HOLDINGS, INC. PLAYERS NETWORK, INC. SHENANDOAH TELECOMMUNICATIONS CO SCRIPPS NETWORKS INTERACTIVE INC TIVO, INC. TIME WARNER CABLE INC A TIME WARNER INC UNILAVA CORPORATION VIDAROO CORP WASHINGTON POST COMPANY WORLD WRESTLING ENTERTAINMENT, INC. SIC CODE 4841 AMC NETWORKS INC YOU ON DEMAND HOLDINGS INC CBS CORPORATION A CHARTER COMMUNICATIONS INC COMCAST CORP A CROWN MEDIA HOLDINGS, INC. A CABLEVISION SYSTEMS CORP A DISCOVERY COMMUNICATIONS INC B 40 Stocks, Bonds, Bills, and Inflation DISH NETWORK CORP GENERAL ELECTRIC CO GENERAL COMMUNICATION A HSN, INC. LIBERTY GLOBAL, INC. B LIBERTY INTERACTIVE CORP B LIBERTY MEDIA CORPORATION A NEWS CORP B OUTDOORS CHANNEL HOLDINGS, INC. PLAYERS NETWORK, INC. SHENANDOAH TELECOMMUNICATIONS CO SCRIPPS NETWORKS INTERACTIVE INC TIVO, INC. TIME WARNER CABLE INC A TIME WARNER INC UNILAVA CORPORATION VIDAROO CORP WASHINGTON POST COMPANY WORLD WRESTLING ENTERTAINMENT, INC. SIC CODE 489 ABOVENET, INC. AMERICAN TOWER CORP A ARC WIRELESS SOLUTIONS, INC. ARUBA NETWORKS, INC. AUGME TECHNOLOGIES, INC. BLUEPRINT TECHNOLOGIES, INC. CINCINNATI BELL INC CBEYOND COMMUNICATIONS, INC. CROWN CASTLE INTERNATIONAL CORP COGENT COMMUNICATIONS GROUP, INC. CIENA CORPORATION CONCIERGE TECHNOLOGIES, INC. CORNERWORLD CORPORATION DIGITALGLOBE INC DIRECT VIEW HOLDINGS, INC. ELEVATE INC FORTUNE INDUSTRIES, INC. FISHER COMMUNICATIONS, INC. FUSION TELECOMMUNICATIONS INTERNATIONAL GRIFFON CORPORATION HSN, INC. HS3 TECHNOLOGIES, INC. IRIDIUM COMMUNICATIONS, INC. ISECURETRAC CORPORATION LODGENET INTERACTIVE CORPORATION MEDIA TECHNOLOGIES, INC. MDU COMMUNICATIONS INTERNATIONAL MOTOROLA MOBILITY HOLDINGS, INC. NUMEREX NEWPORT DIGITAL TECHNOLOGIES, INC. NEUSTAR, INC. NET TALK.COM, INC. NOVATEL WIRELESS, INC. ORBCOMM, INC. PCTEL, INC. PREMIERE GLOBAL SERVICES, INC. ROOMLINX, INC ROYAL QUANTUM GROUP, INC. INCONTACT, INC. SBA COMMUNICATIONS CORP SMARTLINX, INC. THWAPR, INC. TELKONET, INC. TELIPHONE CORPORATION TOWERSTREAM CORPORATION UNILAVA CORPORATION VEMICS, INC. WPCS INTERNATIONAL, INC. XFONE, INC. ZOOM TELEPHONICS, INC. SIC CODE 4899 ABOVENET, INC. AMERICAN TOWER CORP A ARC WIRELESS SOLUTIONS, INC. ARUBA NETWORKS, INC. AUGME TECHNOLOGIES, INC. BLUEPRINT TECHNOLOGIES, INC. CINCINNATI BELL INC CBEYOND COMMUNICATIONS, INC. CROWN CASTLE INTERNATIONAL CORP COGENT COMMUNICATIONS GROUP, INC. CIENA CORPORATION CONCIERGE TECHNOLOGIES, INC. CORNERWORLD CORPORATION DIGITALGLOBE INC DIRECT VIEW HOLDINGS, INC. ELEVATE INC FORTUNE INDUSTRIES, INC. FISHER COMMUNICATIONS, INC. FUSION TELECOMMUNICATIONS INTERNATIONAL GRIFFON CORPORATION HSN, INC. HS3 TECHNOLOGIES, INC. IRIDIUM COMMUNICATIONS, INC. ISECURETRAC CORPORATION LODGENET INTERACTIVE CORPORATION MEDIA TECHNOLOGIES, INC. MDU COMMUNICATIONS INTERNATIONAL MOTOROLA MOBILITY HOLDINGS, INC. NUMEREX NEWPORT DIGITAL TECHNOLOGIES, INC. NEUSTAR, INC. NET TALK.COM, INC. NOVATEL WIRELESS, INC. ORBCOMM, INC. PCTEL, INC. PREMIERE GLOBAL SERVICES, INC. ROOMLINX, INC ROYAL QUANTUM GROUP, INC. INCONTACT, INC. SBA COMMUNICATIONS CORP SMARTLINX, INC. THWAPR, INC. TELKONET, INC. TELIPHONE CORPORATION TOWERSTREAM CORPORATION UNILAVA CORPORATION VEMICS, INC. WPCS INTERNATIONAL, INC. XFONE, INC. ZOOM TELEPHONICS, INC. SIC CODE 49 ACORN ENERGY, INC. AMCOL INTERNATIONAL CORPORATION ACTIVE POWER, INC. AMERICAN DG ENERGY, INC. AMEREN CORP AMERICAN ELECTRIC POWER CO INC AES CORP AGENT155 MEDIA CORP ARGAN, INC. ALLETE, INC. AMERICAN MIDSTREAM PARTNERS LP ATLAS PIPELINE PARTNERS LP ARTESIAN RESOURCE CORPORATION A AEROFLEX HOLDING CORP ATMOS ENERGY CORP AVISTA CORPORATION AMERICAN WATER WORKS CO INC AMERICAN STATES WATER CO AVALON HOLDINGS CORP. A BLACK HILLS CORPORATION BIOMEDICAL TECHNOLOGY SOLUTIONS HOLDINGS BUCKEYE PARTNERS, L.P. BIOSHAFT WATER TECH, INC. BOARDWALK PIPELINE PARTNERS LP CADIZ, INC. CONSTELLATION ENERGY GROUP INC CH ENERGY GROUP INC CHESAPEAKE MIDSTREAM PARTNERS, L.P. CHINA INDUSTRIAL WASTE MANAGEMENT INC CLEAN HARBORS, INC. CLEAN ENERGY FUELS CORPORATION CRESTWOOD MIDSTREAM PARTNERS LP CMS ENERGY CORP CHINA NEW ENERGY GROUP COMPANY ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report CORNING NATURAL GAS CORPORATION CLECO CORPORATION CENTERPOINT ENERGY INC CONNECTICUT LIGHT & POWER CO CHESAPEAKE UTILITIES CORP CALPINE CORP COPANO ENERGY LLC CHENIERE ENERGY PARTNERS LP CLENERGEN CORP. CHINA SOLAR & CLEAN ENERGY SOLUTIONS, INC. CONNECTICUT WATER SERVICE CENTRAL VERMONT PUBLIC SERVICE CORP COVANTA HOLDING CORPORATION CASELLA WASTE SYSTEMS, INC. CALIFORNIA WATER SERVICE GROUP DOMINION RESOURCES INC DELTA NATURAL GAS COMPANY DTE ENERGY HOLDING COMPANY DUKE ENERGY CORPORATION DYNEGY INC US ECOLOGY, INC. ECOTALITY, INC. CONSOLIDATED EDISON, INC. EMPIRE DISTRICT ELECTRIC EL PASO ELECTRIC COMPANY GAS NATURAL, INC. ENERGEN CORP EDISON INTERNATIONAL EL PASO CORPORATION EL PASO PIPELINE PARTNERS LP ENTERPRISE PRODUCTS PARTNERS LP EQT CORP ENERGY SOLUTIONS, INC. ENERGY TRANSFER PARTNERS, L.P. ENTERGY CORP EXELON CORP FIRSTENERGY CORP AGL RESOURCES, INC. GLOBAL CLEAN ENERGY, INC. GENON ENERGY INC GREENSHIFT CORPORATION GENERAL ENVIRONMENTAL MANAGEMENT, INC. GATEWAY ENERGY CORPORATION GREAT PLAINS ENERGY INC HERITAGE-CRYSTAL CLEAN, LLC HAWAIIAN ELECTRIC INDUSTRIES INC HELIX WIND, CORP. U.S. GEOTHERMAL INC. IDACORP, INC. INDUSTRIAL SERVICES OF AMERICA IMPERIAL PETROLEUM RECOVERY ITC HOLDINGS CORP KINDER MORGAN, INC. KINDER MORGAN ENERGY PARTNERS LP LOEWS CORPORATION LACLEDE GROUP, INC. ALLIANT ENERGY CORPORATION MDU RESOURCES GROUP INC MGE ENERGY, INC. MACQUARIE INFRASTRUCTURE COMPANY MPM TECHNOLOGIES, INC. MIDDLESEX WATER COMPANY NEXTERA ENERGY INC NATIONAL FUEL GAS COMPANY TARGA RESOURCES PARTNERS LP NISOURCE INC NEW JERSEY RESOURCES CORPORATION NISKA GAS STORAGE PARTNERS LLC NEWPARK RESOURCES, INC. NRG ENERGY INC INERGY MIDSTREAM LP NSTAR NORTHEAST UTILITIES NV ENERGY INC NORTHWESTERN CORPORATION OGE ENERGY CORP ONEOK, INC. ONEOK PARTNERS, L.P. 41 Stocks, Bonds, Bills, and Inflation OCEAN POWER TECHNOLOGIES ORMAT TECHNOLOGIES, INC. OP-TECH ENVIRONMENTAL SERVICES OTTER TAIL CORPORATION PG&E CORP PURE CYCLE CORPORATION PUBLIC SERVICE ENTERPRISE GROUP INC PERMA-FIX ENVIRONMENTAL SERVICES, INC. PROGRESS ENERGY, INC. PAA NATURAL GAS STORAGE, L.P. COMMON UNITS REPRESENTING LIMITED PARTNER INT PNM RESOURCES INC PINNACLE WEST CAPITAL PIEDMONT NATURAL GAS COMPANY PEPCO HOLDINGS INC PORTLAND GENERAL ELECTRIC COMPANY POWERSECURE INTERNATIONAL, INC. PPL CORP REBORNNE (USA), INC. RGC RESOURCES REPUBLIC SERVICES INC A RENTECH INC. SCANA CORP SPECTRA ENERGY CORP SEABOARD CORPORATION SOUTH JERSEY INDUSTRIES SJW CORPORATION SHARPS COMPLIANCE CORPORATION SOUTHERN CO STERICYCLE, INC. SEMPRA ENERGY SANCON RESOURCES RECOVERY, INC. SUNSI ENERGIES, INC. SOUTHERN UNION CO SOUTHWEST GAS CORPORATION TC PIPELINES LP TECO ENERGY INC INTEGRYS ENERGY GROUP INC THERMOENERGY CORPORATION TARGA RESOURCES CORP TRANSTECH INDUSTRIES, INC. TWO RIVERS WATER COMPANY UGI CORPORATION UIL HOLDINGS CORPORATION UNISOURCE ENERGY CORPORATION UNIT CORPORATION UNITIL CORPORATION UV FLU TECHNOLOGIES, INC. VIRGINIA ELECTRIC & POWER COMPANY VIACOM, INC. A VECTREN CORP WCA WASTE CORPORATION WASTE CONNECTIONS, INC. WISCONSIN ENERGY CORPORATION WESTERN GAS PARTNERS, LP WGL HOLDINGS, INC. WESTMORELAND COAL CO WASTE MANAGEMENT INC WILLIAMS COMPANIES INC WIND ENERGY AMERICA, INC. WILLIAMS PARTNERS LP WESTAR ENERGY, INC. WATAIR, INC. AQUA AMERICA INC WIND WORKS POWER CORP. XCEL ENERGY INC EXERGETIC ENERGY, INC. CROSSTEX ENERGY, INC. YORK WATER COMPANY ZBB ENERGY CORPORATION SIC CODE 491 ACORN ENERGY, INC. ACTIVE POWER, INC. AMERICAN ELECTRIC POWER CO INC AES CORP ARGAN, INC. AEROFLEX HOLDING CORP BLACK HILLS CORPORATION CH ENERGY GROUP INC CLECO CORPORATION CENTERPOINT ENERGY INC CONNECTICUT LIGHT & POWER CO CALPINE CORP CHINA SOLAR & CLEAN ENERGY SOLUTIONS, INC. CENTRAL VERMONT PUBLIC SERVICE CORP DOMINION RESOURCES INC DTE ENERGY HOLDING COMPANY ECOTALITY, INC. CONSOLIDATED EDISON, INC. EMPIRE DISTRICT ELECTRIC EL PASO ELECTRIC COMPANY EDISON INTERNATIONAL ENTERGY CORP EXELON CORP FIRSTENERGY CORP GENON ENERGY INC GREAT PLAINS ENERGY INC HAWAIIAN ELECTRIC INDUSTRIES INC HELIX WIND, CORP. U.S. GEOTHERMAL INC. IDACORP, INC. ITC HOLDINGS CORP MDU RESOURCES GROUP INC NEXTERA ENERGY INC NSTAR NORTHEAST UTILITIES NV ENERGY INC OGE ENERGY CORP OCEAN POWER TECHNOLOGIES ORMAT TECHNOLOGIES, INC. OTTER TAIL CORPORATION PROGRESS ENERGY, INC. PNM RESOURCES INC PINNACLE WEST CAPITAL PORTLAND GENERAL ELECTRIC COMPANY PPL CORP RENTECH INC. SEABOARD CORPORATION SOUTH JERSEY INDUSTRIES SOUTHERN CO SUNSI ENERGIES, INC. TECO ENERGY INC INTEGRYS ENERGY GROUP INC TRANSTECH INDUSTRIES, INC. UGI CORPORATION UIL HOLDINGS CORPORATION UNISOURCE ENERGY CORPORATION VIRGINIA ELECTRIC & POWER COMPANY VIACOM, INC. A WESTMORELAND COAL CO WIND ENERGY AMERICA, INC. WIND WORKS POWER CORP. CROSSTEX ENERGY, INC. ZBB ENERGY CORPORATION SIC CODE 4911 ACORN ENERGY, INC. ACTIVE POWER, INC. AMERICAN ELECTRIC POWER CO INC AES CORP ARGAN, INC. AEROFLEX HOLDING CORP BLACK HILLS CORPORATION CH ENERGY GROUP INC CLECO CORPORATION CENTERPOINT ENERGY INC CONNECTICUT LIGHT & POWER CO CALPINE CORP CHINA SOLAR & CLEAN ENERGY SOLUTIONS, INC. CENTRAL VERMONT PUBLIC SERVICE CORP DOMINION RESOURCES INC DTE ENERGY HOLDING COMPANY ECOTALITY, INC. CONSOLIDATED EDISON, INC. EMPIRE DISTRICT ELECTRIC EL PASO ELECTRIC COMPANY EDISON INTERNATIONAL ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report ENTERGY CORP EXELON CORP FIRSTENERGY CORP GENON ENERGY INC GREAT PLAINS ENERGY INC HAWAIIAN ELECTRIC INDUSTRIES INC HELIX WIND, CORP. U.S. GEOTHERMAL INC. IDACORP, INC. ITC HOLDINGS CORP MDU RESOURCES GROUP INC NEXTERA ENERGY INC NSTAR NORTHEAST UTILITIES NV ENERGY INC OGE ENERGY CORP OCEAN POWER TECHNOLOGIES ORMAT TECHNOLOGIES, INC. OTTER TAIL CORPORATION PROGRESS ENERGY, INC. PNM RESOURCES INC PINNACLE WEST CAPITAL PORTLAND GENERAL ELECTRIC COMPANY PPL CORP RENTECH INC. SEABOARD CORPORATION SOUTH JERSEY INDUSTRIES SOUTHERN CO SUNSI ENERGIES, INC. TECO ENERGY INC INTEGRYS ENERGY GROUP INC TRANSTECH INDUSTRIES, INC. UGI CORPORATION UIL HOLDINGS CORPORATION UNISOURCE ENERGY CORPORATION VIRGINIA ELECTRIC & POWER COMPANY VIACOM, INC. A WESTMORELAND COAL CO WIND ENERGY AMERICA, INC. WIND WORKS POWER CORP. CROSSTEX ENERGY, INC. ZBB ENERGY CORPORATION SIC CODE 492 AMERICAN MIDSTREAM PARTNERS LP ATLAS PIPELINE PARTNERS LP ATMOS ENERGY CORP BUCKEYE PARTNERS, L.P. BOARDWALK PIPELINE PARTNERS LP CONSTELLATION ENERGY GROUP INC CH ENERGY GROUP INC CHESAPEAKE MIDSTREAM PARTNERS, L.P. CRESTWOOD MIDSTREAM PARTNERS LP CHINA NEW ENERGY GROUP COMPANY CORNING NATURAL GAS CORPORATION CENTERPOINT ENERGY INC CHESAPEAKE UTILITIES CORP COPANO ENERGY LLC CHENIERE ENERGY PARTNERS LP DELTA NATURAL GAS COMPANY DTE ENERGY HOLDING COMPANY GAS NATURAL, INC. ENERGEN CORP EL PASO CORPORATION EL PASO PIPELINE PARTNERS LP ENTERPRISE PRODUCTS PARTNERS LP EQT CORP ENERGY TRANSFER PARTNERS, L.P. AGL RESOURCES, INC. GATEWAY ENERGY CORPORATION KINDER MORGAN, INC. KINDER MORGAN ENERGY PARTNERS LP LOEWS CORPORATION LACLEDE GROUP, INC. MDU RESOURCES GROUP INC MACQUARIE INFRASTRUCTURE COMPANY NATIONAL FUEL GAS COMPANY TARGA RESOURCES PARTNERS LP NISOURCE INC 42 Stocks, Bonds, Bills, and Inflation NEW JERSEY RESOURCES CORPORATION NISKA GAS STORAGE PARTNERS LLC INERGY MIDSTREAM LP NSTAR NORTHEAST UTILITIES NV ENERGY INC NORTHWESTERN CORPORATION ONEOK, INC. ONEOK PARTNERS, L.P. PAA NATURAL GAS STORAGE, L.P. COMMON UNITS REPRESENTING LIMITED PARTNER INT PIEDMONT NATURAL GAS COMPANY RGC RESOURCES SPECTRA ENERGY CORP SOUTH JERSEY INDUSTRIES SOUTHERN UNION CO SOUTHWEST GAS CORPORATION TC PIPELINES LP TECO ENERGY INC TARGA RESOURCES CORP UGI CORPORATION UNIT CORPORATION UNITIL CORPORATION WESTERN GAS PARTNERS, LP WGL HOLDINGS, INC. WILLIAMS COMPANIES INC WILLIAMS PARTNERS LP XCEL ENERGY INC SIC CODE 4922 ATLAS PIPELINE PARTNERS LP ATMOS ENERGY CORP BUCKEYE PARTNERS, L.P. BOARDWALK PIPELINE PARTNERS LP CHESAPEAKE MIDSTREAM PARTNERS, L.P. CENTERPOINT ENERGY INC COPANO ENERGY LLC GAS NATURAL, INC. EL PASO CORPORATION EL PASO PIPELINE PARTNERS LP ENTERPRISE PRODUCTS PARTNERS LP ENERGY TRANSFER PARTNERS, L.P. AGL RESOURCES, INC. GATEWAY ENERGY CORPORATION KINDER MORGAN, INC. KINDER MORGAN ENERGY PARTNERS LP TARGA RESOURCES PARTNERS LP NISOURCE INC NISKA GAS STORAGE PARTNERS LLC INERGY MIDSTREAM LP ONEOK PARTNERS, L.P. PAA NATURAL GAS STORAGE, L.P. COMMON UNITS REPRESENTING LIMITED PARTNER INT SOUTHERN UNION CO SOUTHWEST GAS CORPORATION TC PIPELINES LP TARGA RESOURCES CORP UNIT CORPORATION UNITIL CORPORATION WESTERN GAS PARTNERS, LP WILLIAMS COMPANIES INC WILLIAMS PARTNERS LP SIC CODE 4923 CRESTWOOD MIDSTREAM PARTNERS LP CORNING NATURAL GAS CORPORATION CHESAPEAKE UTILITIES CORP DELTA NATURAL GAS COMPANY EL PASO CORPORATION EQT CORP MDU RESOURCES GROUP INC MACQUARIE INFRASTRUCTURE COMPANY NSTAR ONEOK, INC. RGC RESOURCES SPECTRA ENERGY CORP SOUTHWEST GAS CORPORATION XCEL ENERGY INC SIC CODE 4924 AMERICAN MIDSTREAM PARTNERS LP ATMOS ENERGY CORP CONSTELLATION ENERGY GROUP INC CH ENERGY GROUP INC CHINA NEW ENERGY GROUP COMPANY CHENIERE ENERGY PARTNERS LP GAS NATURAL, INC. ENERGEN CORP EQT CORP AGL RESOURCES, INC. LOEWS CORPORATION LACLEDE GROUP, INC. MDU RESOURCES GROUP INC NATIONAL FUEL GAS COMPANY NISOURCE INC NEW JERSEY RESOURCES CORPORATION NORTHEAST UTILITIES NV ENERGY INC NORTHWESTERN CORPORATION PIEDMONT NATURAL GAS COMPANY SOUTH JERSEY INDUSTRIES UGI CORPORATION WGL HOLDINGS, INC. SIC CODE 493 AMERICAN DG ENERGY, INC. AMEREN CORP ALLETE, INC. AVISTA CORPORATION CONSTELLATION ENERGY GROUP INC CH ENERGY GROUP INC CLEAN ENERGY FUELS CORPORATION CMS ENERGY CORP CLECO CORPORATION CLENERGEN CORP. COVANTA HOLDING CORPORATION DUKE ENERGY CORPORATION DYNEGY INC CONSOLIDATED EDISON, INC. EMPIRE DISTRICT ELECTRIC EXELON CORP ALLIANT ENERGY CORPORATION MGE ENERGY, INC. NISOURCE INC NRG ENERGY INC NORTHWESTERN CORPORATION OGE ENERGY CORP PG&E CORP PUBLIC SERVICE ENTERPRISE GROUP INC PEPCO HOLDINGS INC POWERSECURE INTERNATIONAL, INC. SCANA CORP SEMPRA ENERGY INTEGRYS ENERGY GROUP INC UGI CORPORATION UNITIL CORPORATION VECTREN CORP WISCONSIN ENERGY CORPORATION WESTAR ENERGY, INC. XCEL ENERGY INC EXERGETIC ENERGY, INC. SIC CODE 4931 AMERICAN DG ENERGY, INC. AMEREN CORP ALLETE, INC. AVISTA CORPORATION CONSTELLATION ENERGY GROUP INC CH ENERGY GROUP INC CMS ENERGY CORP CLECO CORPORATION COVANTA HOLDING CORPORATION DUKE ENERGY CORPORATION DYNEGY INC CONSOLIDATED EDISON, INC. EXELON CORP ALLIANT ENERGY CORPORATION MGE ENERGY, INC. NISOURCE INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report NRG ENERGY INC NORTHWESTERN CORPORATION PG&E CORP PUBLIC SERVICE ENTERPRISE GROUP INC PEPCO HOLDINGS INC POWERSECURE INTERNATIONAL, INC. SCANA CORP INTEGRYS ENERGY GROUP INC UNITIL CORPORATION WISCONSIN ENERGY CORPORATION WESTAR ENERGY, INC. XCEL ENERGY INC SIC CODE 4932 CLEAN ENERGY FUELS CORPORATION CMS ENERGY CORP EMPIRE DISTRICT ELECTRIC MGE ENERGY, INC. OGE ENERGY CORP SEMPRA ENERGY UGI CORPORATION VECTREN CORP SIC CODE 494 AGENT155 MEDIA CORP ARTESIAN RESOURCE CORPORATION A AMERICAN WATER WORKS CO INC AMERICAN STATES WATER CO CADIZ, INC. CONNECTICUT WATER SERVICE CALIFORNIA WATER SERVICE GROUP MIDDLESEX WATER COMPANY PURE CYCLE CORPORATION SJW CORPORATION TWO RIVERS WATER COMPANY WATAIR, INC. AQUA AMERICA INC YORK WATER COMPANY SIC CODE 4941 AGENT155 MEDIA CORP ARTESIAN RESOURCE CORPORATION A AMERICAN WATER WORKS CO INC AMERICAN STATES WATER CO CADIZ, INC. CONNECTICUT WATER SERVICE CALIFORNIA WATER SERVICE GROUP MIDDLESEX WATER COMPANY PURE CYCLE CORPORATION SJW CORPORATION TWO RIVERS WATER COMPANY WATAIR, INC. AQUA AMERICA INC YORK WATER COMPANY SIC CODE 495 AMCOL INTERNATIONAL CORPORATION AVALON HOLDINGS CORP. A BIOMEDICAL TECHNOLOGY SOLUTIONS HOLDINGS BIOSHAFT WATER TECH, INC. CHINA INDUSTRIAL WASTE MANAGEMENT INC CLEAN HARBORS, INC. CASELLA WASTE SYSTEMS, INC. US ECOLOGY, INC. ENERGY SOLUTIONS, INC. GLOBAL CLEAN ENERGY, INC. GREENSHIFT CORPORATION GENERAL ENVIRONMENTAL MANAGEMENT, INC. HERITAGE-CRYSTAL CLEAN, LLC INDUSTRIAL SERVICES OF AMERICA IMPERIAL PETROLEUM RECOVERY MPM TECHNOLOGIES, INC. NEWPARK RESOURCES, INC. OP-TECH ENVIRONMENTAL SERVICES PERMA-FIX ENVIRONMENTAL SERVICES, INC. REBORNNE (USA), INC. REPUBLIC SERVICES INC A SHARPS COMPLIANCE CORPORATION STERICYCLE, INC. SANCON RESOURCES RECOVERY, INC. THERMOENERGY CORPORATION UV FLU TECHNOLOGIES, INC. 43 Stocks, Bonds, Bills, and Inflation WCA WASTE CORPORATION WASTE CONNECTIONS, INC. WASTE MANAGEMENT INC SIC CODE 4953 AVALON HOLDINGS CORP. A BIOMEDICAL TECHNOLOGY SOLUTIONS HOLDINGS CHINA INDUSTRIAL WASTE MANAGEMENT INC CLEAN HARBORS, INC. CASELLA WASTE SYSTEMS, INC. US ECOLOGY, INC. ENERGY SOLUTIONS, INC. GLOBAL CLEAN ENERGY, INC. GREENSHIFT CORPORATION GENERAL ENVIRONMENTAL MANAGEMENT, INC. HERITAGE-CRYSTAL CLEAN, LLC IMPERIAL PETROLEUM RECOVERY MPM TECHNOLOGIES, INC. NEWPARK RESOURCES, INC. OP-TECH ENVIRONMENTAL SERVICES PERMA-FIX ENVIRONMENTAL SERVICES, INC. REBORNNE (USA), INC. REPUBLIC SERVICES INC A SHARPS COMPLIANCE CORPORATION STERICYCLE, INC. SANCON RESOURCES RECOVERY, INC. THERMOENERGY CORPORATION WCA WASTE CORPORATION WASTE CONNECTIONS, INC. WASTE MANAGEMENT INC SIC CODE 50 ADDVANTAGE TECHNOLOGIES GROUP, INC. AGILYSYS, INC. AAR CORPORATION APPLIED INDUSTRIAL TECHNOLOGIES, INC. ANGIODYNAMICS, INC. AMERICAN ORIENTAL BIOENGINEERING, INC. ALPHA PRO TECH, LTD. ARCIS RESOURCES CORP AIRGAS INC ARROW ELECTRONICS INC ACTUANT CORP A ACTIVISION BLIZZARD, INC. AVIAT NETWORKS, INC. AVNET INC ANIXTER INTERNATIONAL INC BANYAN RAIL SERVICES, INC. BEAM INC BEACON ROOFING SUPPLY, INC. BELL INDUSTRIES INC BALLANTYNE OF OMAHA, INC. BLUELINX HOLDINGS, INC. CARDINAL HEALTH INC CHINA AUTO LOGISTICS, INC. A.M. CASTLE & CO. COLONIAL COMMERCIAL CORPORATION CASEYCORP ENTERPRISES INCORPORATED BRIGHTPOINT, INC. CAREFUSION CORP CHINDEX INTERNATIONAL, INC. CIRTRAN CORPORATION COMMERCIAL METALS COMPANY CHINA MODERN AGRICULTURAL INFORMATION CANTEL MEDICAL CORPORATION CHINA ARMCO METALS, INC. CISTERA NETWORKS, INC. CHINA RUNJI CEMENT, INC. COAST DISTRIBUTION SYSTEM CINTAS CORPORATION CHINA VITUP HEALTH CARE HOLDINGS, INC. E.I. DU PONT DE NEMOURS & COMPANY DIGITAL RIVER, INC. DTE ENERGY HOLDING COMPANY DXP ENTERPRISES, INC. EASTERN CO ENERSYS, INC. ZHONGCHAI MACHINERY, INC. EVCARCO, INC. FASTENAL COMPANY FLURIDA GROUP, INC. L.B. FOSTER COMPANY A GBS ENTERPRISES, INC. GENERAL AUTOMOTIVE COMPANY GENUINE PARTS COMPANY GTSI CORPORATION W.W. GRAINGER, INC. GENCORP INC. GUANGZHOU GLOBAL TELECOM, INC. HUTTIG BUILDING PRODUCTS, INC. HUDSON TECHNOLOGY, INC. HUIHENG MEDICAL, INC. HARMONY METALS, INC. HENRY SCHEIN, INC. HUAYUE ELECTRONICS INC HOUSTON WIRE & CABLE COMPANY INTERLINE BRANDS INC IRONCLAD PERFORMANCE WEAR CORP ICAHN ENTERPRISES LP INFOSONICS CORPORATION INTELLIGENT LIVING CORPORATION. INGRAM MICRO, INC. INTERNATIONAL PACKAGING AND LOGISTICS INTERNATIONAL RECTIFIER ITT CORP KAMAN CORPORATION A KIMBERLY-CLARK CORPORATION KSW, INC. LAWSON PRODUCTS, INC. LKQ CORPORATION LUFKIN INDUSTRIES, INC. MIDAS, INC. MITCHAM INDUSTRIES, INC. MSC INDUSTRIAL DIRECT CO., INC. MANITOWOC CO INC METALS USA HOLDINGS CORP MWI VETERINARY SUPPLY, INC. NAVARRE CORPORATION NACCO INDUSTRIES, INC. NF ENERGY SAVING CORP NORTHROP GRUMMAN CORP NORTEK INC NXSTAGE MEDICAL, INC. REALTY INCOME CORPORATION OWENS & MINOR, INC. OMNOVA SOLUTIONS, INC. OTTER TAIL CORPORATION PRECISION AEROSPACE COMPONENTS, INC. PATRICK INDUSTRIES, INC. PATTERSON COMPANIES, INC. PHOTOMEDEX, INC. EPLUS, INC. SCP POOL, INC. POLYPORE INTERNATIONAL, INC. PURE EARTH, INC. PERNIX GROUP INC PSS WORLD MEDICAL, INC. RICHARDSON ELECTRONICS RHINO RESOURCE PARTNERS LP RELIANCE STEEL AND ALUMINUM SCHNITZER STEEL INDUSTRIES, INC. A SCANSOURCE SURFACE COATING, INC. SED INTERNATIONAL HOLDINGS, INC. SINOHUB, INC. SOLAR THIN FILMS, INC. SPARTON CORPORATION SURGE COMPONENTS, INC. SRI SURGICAL EXPRESS, INC. START SCIENTIFIC INC SYSTEMAX, INC. TAITRON COMPONENTS, INC. TECH DATA CORPORATION TESSCO TECHNOLOGIES TELVUE CORPORATION TITAN ENERGY WORLDWIDE, INC. THERAGENICS CORPORATION TELECONNECT, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report TRINITY INDUSTRIES, INC. TRIMAS CORPORATION UNIVERSAL POWER GROUP, INC. VOXX INTERNATIONAL CORP A VERSAR, INC. WESCO INTERNATIONAL, INC. WILLIS LEASE FINANCE CORPORATION WATSCO, INC. B XINYINHAI TECHNOLOGY LTD. OLYMPIC STEEL ZUNICOM, INC. ZST DIGITAL NETWORKS, INC. SIC CODE 501 CHINA AUTO LOGISTICS, INC. CHINA MODERN AGRICULTURAL INFORMATION ZHONGCHAI MACHINERY, INC. EVCARCO, INC. GENERAL AUTOMOTIVE COMPANY GENUINE PARTS COMPANY INTERNATIONAL RECTIFIER LKQ CORPORATION MIDAS, INC. REALTY INCOME CORPORATION WILLIS LEASE FINANCE CORPORATION SIC CODE 5013 ZHONGCHAI MACHINERY, INC. GENERAL AUTOMOTIVE COMPANY GENUINE PARTS COMPANY LKQ CORPORATION MIDAS, INC. SIC CODE 503 BEACON ROOFING SUPPLY, INC. BLUELINX HOLDINGS, INC. CHINA RUNJI CEMENT, INC. HUTTIG BUILDING PRODUCTS, INC. NORTEK INC OMNOVA SOLUTIONS, INC. PATRICK INDUSTRIES, INC. SURFACE COATING, INC. TRINITY INDUSTRIES, INC. SIC CODE 504 ANGIODYNAMICS, INC. AMERICAN ORIENTAL BIOENGINEERING, INC. ALPHA PRO TECH, LTD. AVNET INC CARDINAL HEALTH INC CAREFUSION CORP CHINDEX INTERNATIONAL, INC. CIRTRAN CORPORATION CISTERA NETWORKS, INC. CHINA VITUP HEALTH CARE HOLDINGS, INC. DIGITAL RIVER, INC. GTSI CORPORATION W.W. GRAINGER, INC. HUIHENG MEDICAL, INC. HENRY SCHEIN, INC. HUAYUE ELECTRONICS INC INGRAM MICRO, INC. KIMBERLY-CLARK CORPORATION MITCHAM INDUSTRIES, INC. MWI VETERINARY SUPPLY, INC. NAVARRE CORPORATION NXSTAGE MEDICAL, INC. OWENS & MINOR, INC. OTTER TAIL CORPORATION PATTERSON COMPANIES, INC. PHOTOMEDEX, INC. EPLUS, INC. PSS WORLD MEDICAL, INC. SCANSOURCE SED INTERNATIONAL HOLDINGS, INC. SPARTON CORPORATION SRI SURGICAL EXPRESS, INC. START SCIENTIFIC INC TECH DATA CORPORATION THERAGENICS CORPORATION TELECONNECT, INC. 44 Stocks, Bonds, Bills, and Inflation SIC CODE 5045 AVNET INC CIRTRAN CORPORATION CISTERA NETWORKS, INC. DIGITAL RIVER, INC. GTSI CORPORATION HUAYUE ELECTRONICS INC INGRAM MICRO, INC. NAVARRE CORPORATION EPLUS, INC. SCANSOURCE SED INTERNATIONAL HOLDINGS, INC. START SCIENTIFIC INC TECH DATA CORPORATION TELECONNECT, INC. SIC CODE 5047 ANGIODYNAMICS, INC. AMERICAN ORIENTAL BIOENGINEERING, INC. ALPHA PRO TECH, LTD. CARDINAL HEALTH INC CAREFUSION CORP CHINDEX INTERNATIONAL, INC. CHINA VITUP HEALTH CARE HOLDINGS, INC. HUIHENG MEDICAL, INC. HENRY SCHEIN, INC. KIMBERLY-CLARK CORPORATION MWI VETERINARY SUPPLY, INC. NXSTAGE MEDICAL, INC. OWENS & MINOR, INC. OTTER TAIL CORPORATION PATTERSON COMPANIES, INC. PHOTOMEDEX, INC. PSS WORLD MEDICAL, INC. SPARTON CORPORATION SRI SURGICAL EXPRESS, INC. THERAGENICS CORPORATION SIC CODE 505 A.M. CASTLE & CO. CHINA ARMCO METALS, INC. L.B. FOSTER COMPANY A METALS USA HOLDINGS CORP RHINO RESOURCE PARTNERS LP RELIANCE STEEL AND ALUMINUM OLYMPIC STEEL SIC CODE 5051 A.M. CASTLE & CO. CHINA ARMCO METALS, INC. L.B. FOSTER COMPANY A METALS USA HOLDINGS CORP RELIANCE STEEL AND ALUMINUM OLYMPIC STEEL SIC CODE 506 AGILYSYS, INC. ARROW ELECTRONICS INC ACTUANT CORP A AVIAT NETWORKS, INC. AVNET INC ANIXTER INTERNATIONAL INC BELL INDUSTRIES INC BALLANTYNE OF OMAHA, INC. BRIGHTPOINT, INC. CIRTRAN CORPORATION E.I. DU PONT DE NEMOURS & COMPANY DTE ENERGY HOLDING COMPANY ENERSYS, INC. GENUINE PARTS COMPANY W.W. GRAINGER, INC. GUANGZHOU GLOBAL TELECOM, INC. HOUSTON WIRE & CABLE COMPANY INFOSONICS CORPORATION LUFKIN INDUSTRIES, INC. NACCO INDUSTRIES, INC. NORTHROP GRUMMAN CORP POLYPORE INTERNATIONAL, INC. RICHARDSON ELECTRONICS SINOHUB, INC. SURGE COMPONENTS, INC. SYSTEMAX, INC. TAITRON COMPONENTS, INC. TESSCO TECHNOLOGIES TELVUE CORPORATION TITAN ENERGY WORLDWIDE, INC. UNIVERSAL POWER GROUP, INC. VOXX INTERNATIONAL CORP A VERSAR, INC. WESCO INTERNATIONAL, INC. ZUNICOM, INC. ZST DIGITAL NETWORKS, INC. SIC CODE 5063 ANIXTER INTERNATIONAL INC BALLANTYNE OF OMAHA, INC. DTE ENERGY HOLDING COMPANY ENERSYS, INC. GENUINE PARTS COMPANY W.W. GRAINGER, INC. HOUSTON WIRE & CABLE COMPANY LUFKIN INDUSTRIES, INC. POLYPORE INTERNATIONAL, INC. SYSTEMAX, INC. TITAN ENERGY WORLDWIDE, INC. UNIVERSAL POWER GROUP, INC. VERSAR, INC. WESCO INTERNATIONAL, INC. SIC CODE 5065 AGILYSYS, INC. ARROW ELECTRONICS INC ACTUANT CORP A AVNET INC BELL INDUSTRIES INC BRIGHTPOINT, INC. CIRTRAN CORPORATION E.I. DU PONT DE NEMOURS & COMPANY GUANGZHOU GLOBAL TELECOM, INC. INFOSONICS CORPORATION NACCO INDUSTRIES, INC. NORTHROP GRUMMAN CORP RICHARDSON ELECTRONICS SINOHUB, INC. SURGE COMPONENTS, INC. TAITRON COMPONENTS, INC. TESSCO TECHNOLOGIES VOXX INTERNATIONAL CORP A ZUNICOM, INC. ZST DIGITAL NETWORKS, INC. SIC CODE 507 ARCIS RESOURCES CORP ACTIVISION BLIZZARD, INC. COLONIAL COMMERCIAL CORPORATION EASTERN CO FLURIDA GROUP, INC. HUDSON TECHNOLOGY, INC. INTERLINE BRANDS INC KSW, INC. LAWSON PRODUCTS, INC. PRECISION AEROSPACE COMPONENTS, INC. WATSCO, INC. B SIC CODE 508 AAR CORPORATION APPLIED INDUSTRIAL TECHNOLOGIES, INC. AIRGAS INC CANTEL MEDICAL CORPORATION DXP ENTERPRISES, INC. FASTENAL COMPANY GENUINE PARTS COMPANY GENCORP INC. INTERNATIONAL PACKAGING AND LOGISTICS ITT CORP KAMAN CORPORATION A MSC INDUSTRIAL DIRECT CO., INC. MANITOWOC CO INC NF ENERGY SAVING CORP SOLAR THIN FILMS, INC. TRINITY INDUSTRIES, INC. TRIMAS CORPORATION XINYINHAI TECHNOLOGY LTD. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SIC CODE 5084 APPLIED INDUSTRIAL TECHNOLOGIES, INC. AIRGAS INC DXP ENTERPRISES, INC. GENUINE PARTS COMPANY ITT CORP MSC INDUSTRIAL DIRECT CO., INC. MANITOWOC CO INC NF ENERGY SAVING CORP TRIMAS CORPORATION XINYINHAI TECHNOLOGY LTD. SIC CODE 509 ADDVANTAGE TECHNOLOGIES GROUP, INC. BANYAN RAIL SERVICES, INC. BEAM INC CASEYCORP ENTERPRISES INCORPORATED COMMERCIAL METALS COMPANY COAST DISTRIBUTION SYSTEM CINTAS CORPORATION HARMONY METALS, INC. IRONCLAD PERFORMANCE WEAR CORP ICAHN ENTERPRISES LP SCP POOL, INC. PURE EARTH, INC. PERNIX GROUP INC SCHNITZER STEEL INDUSTRIES, INC. A SIC CODE 5093 BANYAN RAIL SERVICES, INC. COMMERCIAL METALS COMPANY ICAHN ENTERPRISES LP PURE EARTH, INC. SCHNITZER STEEL INDUSTRIES, INC. A SIC CODE 51 AMERISOURCEBERGEN CORP ACETO CORPORATION ARCHER-DANIELS MIDLAND COMPANY ADINO ENERGY CORPORATION ADAMS RESOURCES & ENERGY ALDILA, INC. ANDATEE CHINA MARINE FUEL SERVICES CORP ANDERSONS, INC. ALLIANCE ONE INTERNATIONAL INC ANADARKO PETROLEUM CORP AMERICAN APPAREL, INC. ARRAYIT CORP ASHLAND INC BIG CAT ENERGY CORP BEAM INC BLUE GEM ENTERPRISE BILL THE BUTCHER, INC. BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. BIONEUTRAL GROUP, INC. CARDINAL HEALTH INC CHINA INTEGRATED ENERGY, INC. CARIBOU COFFEE COMPANY, INC. CHINA DIRECT INDUSTRIES INC CENTRAL GARDEN & PET COMPANY A CHEFS WAREHOUSE HOLDINGS LLC CHINA MEDICINE CORPORATION CHINA PROSPEROUS CLEAN ENERGY CORP CHINA JO-JO DRUGSTORES, INC. CRYSTAL ROCK HOLDINGS, INC. A SEN YU INTERNATIONAL HOLDINGS, INC. DIADEXUS, INC. AMCON DISTRIBUTING COMPANY DELTA APPAREL, INC. EDUCATIONAL DEVELOPMENT CORPORATION CENTRAL ENERGY PARTNERS LP ENERGY TRANSFER EQUITY LP FLUOR CORPORATION FMC CORPORATION SMF ENERGY CORPORATION GLOBAL ARENA HOLDING INC GENESIS ENERGY LP GLOBAL PARTNERS, LP GREEN MOUNTAIN COFFEE ROASTERS, INC. GNC ACQUISITION HOLDINGS INC GENUINE PARTS COMPANY 45 Stocks, Bonds, Bills, and Inflation GOLDEN VALLEY DEVELOPMENT INC HANESBRANDS INC HEELYS, INC. HQ SUSTAINABLE MARITIME INDUSTRIES, INC. HAWKINS, INC. INCOMING, INC. WORLD FUEL SERVICES CORPORATION INNOVATIVE FOOD HOLDINGS, INC. JPAK GROUP COMPANY LTD. KENNETH COLE PRODUCTIONS LONGWEI PETROLEUM INVESTMENT HOLDING LOTUS PHARMACEUTICALS LEGACY MINING LTD. MCKESSON, INC. MAIDENFORM BRANDS, INC. MACQUARIE INFRASTRUCTURE COMPANY MIT HOLDING, INC. MARTIN MIDSTREAM PARTNERS L.P. MONSANTO COMPANY MET-PRO CORPORATION NASH-FINCH COMPANY NATURAL ALTERNATIVES INTERNATIONAL TARGA RESOURCES PARTNERS LP NATURAL HEALTH TRENDS CORPORATION NU SKIN ENTERPRISES, INC. A OBN HOLDINGS, INC. OFFICE DEPOT INC ORGANIC SALES AND MARKETING, INC. OFFICEMAX INC PACIFIC ETHANOL, INC. PERFUMANIA HOLDINGS, INC. PAR PHARMACEUTICAL COMPANIES, INC. COLLECTIVE BRANDS, INC. PVH CORP RBC LIFE SCIENCES, INC. RODOBO INTERNATIONAL, INC. RTG VENTURES, INC. SCHOOL SPECIALTY, INC. SCIENTIFIC INDUSTRIES, INC. SINO GREEN LAND CORP STEVEN MADDEN SINO AGRO FOODS, INC. SKINNY NUTRITIONAL CORPORATION HEALTHIENT, INC. SPINDLETOP OIL & GAS COMPANY SPARTAN STORES, INC. SUNOCO LOGISTICS PARTNERS SYSCO CORPORATION UNITED NATURAL FOODS, INC. UNITED STATIONERS INC. UNIVERSAL CORPORATION WEYCO GROUP, INC. SCHIFF NUTRITION INTERNATIONAL, INC. WESTERN REFINING INC WATSON PHARMACEUTICALS INC. WARNACO GROUP, INC. WESTWAY GROUP, INC. XINYINHAI TECHNOLOGY LTD. SIC CODE 511 GLOBAL ARENA HOLDING INC GENUINE PARTS COMPANY OFFICE DEPOT INC OFFICEMAX INC SCHOOL SPECIALTY, INC. UNITED STATIONERS INC. XINYINHAI TECHNOLOGY LTD. SIC CODE 5112 GLOBAL ARENA HOLDING INC GENUINE PARTS COMPANY OFFICE DEPOT INC OFFICEMAX INC SCHOOL SPECIALTY, INC. UNITED STATIONERS INC. SIC CODE 512 AMERISOURCEBERGEN CORP CARDINAL HEALTH INC CHINA DIRECT INDUSTRIES INC CHINA MEDICINE CORPORATION CHINA JO-JO DRUGSTORES, INC. DIADEXUS, INC. GNC ACQUISITION HOLDINGS INC LOTUS PHARMACEUTICALS MCKESSON, INC. MIT HOLDING, INC. NATURAL HEALTH TRENDS CORPORATION NU SKIN ENTERPRISES, INC. A PERFUMANIA HOLDINGS, INC. PAR PHARMACEUTICAL COMPANIES, INC. SCHIFF NUTRITION INTERNATIONAL, INC. WATSON PHARMACEUTICALS INC. SIC CODE 5122 AMERISOURCEBERGEN CORP CARDINAL HEALTH INC CHINA DIRECT INDUSTRIES INC CHINA MEDICINE CORPORATION CHINA JO-JO DRUGSTORES, INC. DIADEXUS, INC. GNC ACQUISITION HOLDINGS INC LOTUS PHARMACEUTICALS MCKESSON, INC. MIT HOLDING, INC. NATURAL HEALTH TRENDS CORPORATION NU SKIN ENTERPRISES, INC. A PERFUMANIA HOLDINGS, INC. PAR PHARMACEUTICAL COMPANIES, INC. SCHIFF NUTRITION INTERNATIONAL, INC. WATSON PHARMACEUTICALS INC. SIC CODE 513 AMERICAN APPAREL, INC. DELTA APPAREL, INC. HANESBRANDS INC HEELYS, INC. KENNETH COLE PRODUCTIONS MAIDENFORM BRANDS, INC. COLLECTIVE BRANDS, INC. PVH CORP STEVEN MADDEN WEYCO GROUP, INC. WARNACO GROUP, INC. SIC CODE 5137 DELTA APPAREL, INC. HANESBRANDS INC MAIDENFORM BRANDS, INC. PVH CORP STEVEN MADDEN SIC CODE 514 BLUE GEM ENTERPRISE BILL THE BUTCHER, INC. CARIBOU COFFEE COMPANY, INC. CHEFS WAREHOUSE HOLDINGS LLC CRYSTAL ROCK HOLDINGS, INC. A SEN YU INTERNATIONAL HOLDINGS, INC. AMCON DISTRIBUTING COMPANY GOLDEN VALLEY DEVELOPMENT INC HQ SUSTAINABLE MARITIME INDUSTRIES, INC. INNOVATIVE FOOD HOLDINGS, INC. JPAK GROUP COMPANY LTD. NASH-FINCH COMPANY NATURAL ALTERNATIVES INTERNATIONAL RODOBO INTERNATIONAL, INC. RTG VENTURES, INC. SINO GREEN LAND CORP SINO AGRO FOODS, INC. SKINNY NUTRITIONAL CORPORATION HEALTHIENT, INC. SPARTAN STORES, INC. SYSCO CORPORATION UNITED NATURAL FOODS, INC. SIC CODE 5141 BLUE GEM ENTERPRISE CHEFS WAREHOUSE HOLDINGS LLC AMCON DISTRIBUTING COMPANY INNOVATIVE FOOD HOLDINGS, INC. NASH-FINCH COMPANY RTG VENTURES, INC. SINO GREEN LAND CORP ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SINO AGRO FOODS, INC. SKINNY NUTRITIONAL CORPORATION SPARTAN STORES, INC. UNITED NATURAL FOODS, INC. SIC CODE 515 ARCHER-DANIELS MIDLAND COMPANY ANDERSONS, INC. ALLIANCE ONE INTERNATIONAL INC GREEN MOUNTAIN COFFEE ROASTERS, INC. UNIVERSAL CORPORATION SIC CODE 5159 ARCHER-DANIELS MIDLAND COMPANY ANDERSONS, INC. ALLIANCE ONE INTERNATIONAL INC GREEN MOUNTAIN COFFEE ROASTERS, INC. UNIVERSAL CORPORATION SIC CODE 516 ACETO CORPORATION ALDILA, INC. ARRAYIT CORP ASHLAND INC BIG CAT ENERGY CORP BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. BIONEUTRAL GROUP, INC. ENERGY TRANSFER EQUITY LP FLUOR CORPORATION FMC CORPORATION HAWKINS, INC. MET-PRO CORPORATION PACIFIC ETHANOL, INC. SCIENTIFIC INDUSTRIES, INC. SIC CODE 5169 ACETO CORPORATION ARRAYIT CORP ASHLAND INC BIG CAT ENERGY CORP BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. BIONEUTRAL GROUP, INC. ENERGY TRANSFER EQUITY LP FLUOR CORPORATION FMC CORPORATION HAWKINS, INC. MET-PRO CORPORATION PACIFIC ETHANOL, INC. SCIENTIFIC INDUSTRIES, INC. SIC CODE 517 ADINO ENERGY CORPORATION ADAMS RESOURCES & ENERGY ANDATEE CHINA MARINE FUEL SERVICES CORP ANADARKO PETROLEUM CORP BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. CHINA INTEGRATED ENERGY, INC. CHINA PROSPEROUS CLEAN ENERGY CORP CENTRAL ENERGY PARTNERS LP SMF ENERGY CORPORATION GENESIS ENERGY LP GLOBAL PARTNERS, LP INCOMING, INC. WORLD FUEL SERVICES CORPORATION LONGWEI PETROLEUM INVESTMENT HOLDING MACQUARIE INFRASTRUCTURE COMPANY MARTIN MIDSTREAM PARTNERS L.P. TARGA RESOURCES PARTNERS LP SPINDLETOP OIL & GAS COMPANY SUNOCO LOGISTICS PARTNERS WESTERN REFINING INC WESTWAY GROUP, INC. SIC CODE 5171 ADINO ENERGY CORPORATION ANDATEE CHINA MARINE FUEL SERVICES CORP BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. GENESIS ENERGY LP GLOBAL PARTNERS, LP LONGWEI PETROLEUM INVESTMENT HOLDING MARTIN MIDSTREAM PARTNERS L.P. SUNOCO LOGISTICS PARTNERS WESTWAY GROUP, INC. 46 Stocks, Bonds, Bills, and Inflation SIC CODE 5172 ADAMS RESOURCES & ENERGY ANADARKO PETROLEUM CORP CHINA INTEGRATED ENERGY, INC. CHINA PROSPEROUS CLEAN ENERGY CORP CENTRAL ENERGY PARTNERS LP SMF ENERGY CORPORATION INCOMING, INC. WORLD FUEL SERVICES CORPORATION MACQUARIE INFRASTRUCTURE COMPANY TARGA RESOURCES PARTNERS LP SPINDLETOP OIL & GAS COMPANY WESTERN REFINING INC SIC CODE 519 CENTRAL GARDEN & PET COMPANY A EDUCATIONAL DEVELOPMENT CORPORATION MONSANTO COMPANY OBN HOLDINGS, INC. ORGANIC SALES AND MARKETING, INC. RBC LIFE SCIENCES, INC. SIC CODE 52 AEROGROW INTERNATIONAL, INC. ANDERSONS, INC. BUILDERS FIRSTSOURCE, INC. CENTRAL GARDEN & PET COMPANY A GEORGIA GULF CORP GRIFFIN LAND & NURSERIES, INC. GREENHOUSE SOLUTIONS, INC. HOME DEPOT, INC. HEADWATERS, INC. KINGDOM KONCRETE, INC. LIFETIME BRANDS, INC. LUMBER LIQUIDATORS HOLDINGS INC LOWE'S COMPANIES INC. SHERWIN-WILLIAMS COMPANY TRACTOR SUPPLY YASHENG GROUP SIC CODE 521 ANDERSONS, INC. BUILDERS FIRSTSOURCE, INC. GEORGIA GULF CORP HOME DEPOT, INC. HEADWATERS, INC. KINGDOM KONCRETE, INC. LUMBER LIQUIDATORS HOLDINGS INC LOWE'S COMPANIES INC. YASHENG GROUP SIC CODE 5211 ANDERSONS, INC. BUILDERS FIRSTSOURCE, INC. GEORGIA GULF CORP HOME DEPOT, INC. HEADWATERS, INC. KINGDOM KONCRETE, INC. LUMBER LIQUIDATORS HOLDINGS INC LOWE'S COMPANIES INC. YASHENG GROUP SIC CODE 526 AEROGROW INTERNATIONAL, INC. CENTRAL GARDEN & PET COMPANY A GRIFFIN LAND & NURSERIES, INC. GREENHOUSE SOLUTIONS, INC. TRACTOR SUPPLY SIC CODE 5261 AEROGROW INTERNATIONAL, INC. CENTRAL GARDEN & PET COMPANY A GRIFFIN LAND & NURSERIES, INC. GREENHOUSE SOLUTIONS, INC. TRACTOR SUPPLY SIC CODE 53 BIG LOTS, INC. BELK, INC. CLASS B BON-TON STORES INC COSTCO WHOLESALE CORPORATION DILLARDS, INC. DOLLAR GENERAL CORPORATION DOLLAR TREE STORES, INC. DUCKWALL-ALCO STORES, INC. ENABLE HOLDINGS, INC. FAMILY DOLLAR STORES, INC. FRED'S, INC. HARTE-HANKS, INC. J.C. PENNEY CO INC KOHL'S CORP MACY'S INC PRICESMART, INC. SEARS HOLDINGS CORPORATION SAKS INCORPORATED TANDY BRANDS ACCESSORIES TARGET CORP TUESDAY MORNING CORPORATION VANTONE INTERNATIONAL GROUP, INC. WAL-MART STORES INC SIC CODE 531 BELK, INC. CLASS B BON-TON STORES INC DILLARDS, INC. HARTE-HANKS, INC. J.C. PENNEY CO INC KOHL'S CORP MACY'S INC SEARS HOLDINGS CORPORATION SAKS INCORPORATED TANDY BRANDS ACCESSORIES SIC CODE 5311 BELK, INC. CLASS B BON-TON STORES INC DILLARDS, INC. HARTE-HANKS, INC. J.C. PENNEY CO INC KOHL'S CORP MACY'S INC SEARS HOLDINGS CORPORATION SAKS INCORPORATED TANDY BRANDS ACCESSORIES SIC CODE 533 BIG LOTS, INC. COSTCO WHOLESALE CORPORATION DOLLAR GENERAL CORPORATION DOLLAR TREE STORES, INC. DUCKWALL-ALCO STORES, INC. FAMILY DOLLAR STORES, INC. FRED'S, INC. PRICESMART, INC. TARGET CORP TUESDAY MORNING CORPORATION WAL-MART STORES INC SIC CODE 5331 BIG LOTS, INC. COSTCO WHOLESALE CORPORATION DOLLAR GENERAL CORPORATION DOLLAR TREE STORES, INC. DUCKWALL-ALCO STORES, INC. FAMILY DOLLAR STORES, INC. FRED'S, INC. PRICESMART, INC. TARGET CORP TUESDAY MORNING CORPORATION WAL-MART STORES INC SIC CODE 54 AMERICAN CONSUMERS, INC. ARDEN GROUP INC A CASEY'S GENERAL STORES, INC. CORE-MARK HOLDING COMPANY, INC. GREAT ATLANTIC & PACIFIC TEA CO. INC. INGLES MARKETS, INC. A KRAFT FOODS INC KRISPY KREME DOUGHNUT INC KROGER CO NXT NUTRITIONALS HOLDINGS, INC. REALTY INCOME CORPORATION PUBLIX SUPER MKTS, INC. QKL STORES, INC. RUDDICK CORPORATION SUSSER HOLDINGS CORPORATION SUPERVALU INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SAFEWAY INC. TEAVANA HOLDINGS INC FRESH MARKET, INC. TREEHOUSE FOODS, INC. VILLAGE SUPER MARKET, INC. CLASS A WHOLE FOODS MARKET, INC. WINN-DIXIE STORES, INC. WEIS MARKETS, INC. SIC CODE 541 AMERICAN CONSUMERS, INC. ARDEN GROUP INC A CASEY'S GENERAL STORES, INC. CORE-MARK HOLDING COMPANY, INC. GREAT ATLANTIC & PACIFIC TEA CO. INC. INGLES MARKETS, INC. A KRAFT FOODS INC KROGER CO REALTY INCOME CORPORATION PUBLIX SUPER MKTS, INC. QKL STORES, INC. RUDDICK CORPORATION SUSSER HOLDINGS CORPORATION SUPERVALU INC SAFEWAY INC. FRESH MARKET, INC. VILLAGE SUPER MARKET, INC. CLASS A WHOLE FOODS MARKET, INC. WINN-DIXIE STORES, INC. WEIS MARKETS, INC. SIC CODE 5411 AMERICAN CONSUMERS, INC. ARDEN GROUP INC A CASEY'S GENERAL STORES, INC. CORE-MARK HOLDING COMPANY, INC. GREAT ATLANTIC & PACIFIC TEA CO. INC. INGLES MARKETS, INC. A KRAFT FOODS INC KROGER CO REALTY INCOME CORPORATION PUBLIX SUPER MKTS, INC. QKL STORES, INC. RUDDICK CORPORATION SUSSER HOLDINGS CORPORATION SUPERVALU INC SAFEWAY INC. FRESH MARKET, INC. VILLAGE SUPER MARKET, INC. CLASS A WHOLE FOODS MARKET, INC. WINN-DIXIE STORES, INC. WEIS MARKETS, INC. SIC CODE 55 ADVANCE AUTO PARTS INC ASBURY AUTOMOTIVE GROUP INC ALON USA ENERGY INC AUTONATION INC AUTOZONE INC CONFEDERATE MOTORS, INC. COPART, INC. AMERICA'S CAR-MART, INC. GROUP I AUTOMOTIVE INC MARINEMAX, INC. CARMAX, INC. LITHIA MOTORS, INC. A M LINE HOLDINGS, INC. NORTHEAST AUTOMOTIVE HODLINGS, INC. O'REILLY AUTOMOTIVE INC PENSKE AUTOMOTIVE GROUP INC PEP BOYS - MANNY, MOE & JACK U.S. AUTO PARTS NETWORK, INC. POWER SPORTS FACTORY, INC. PANTRY, INC. RUSH ENTERPRISES, INC. A SONIC AUTOMOTIVE INC TRAVELCENTERS OF AMERICA, LLC. TILDEN ASSOCIATES, INC. TESORO CORPORATION VERTEX ENERGY, INC. WEST MARINE INC. 47 Stocks, Bonds, Bills, and Inflation WABASH NATIONAL CORPORATION WESTERN REFINING INC SIC CODE 551 ASBURY AUTOMOTIVE GROUP INC AUTONATION INC GROUP I AUTOMOTIVE INC LITHIA MOTORS, INC. A POWER SPORTS FACTORY, INC. RUSH ENTERPRISES, INC. A SONIC AUTOMOTIVE INC WABASH NATIONAL CORPORATION SIC CODE 5511 ASBURY AUTOMOTIVE GROUP INC AUTONATION INC GROUP I AUTOMOTIVE INC LITHIA MOTORS, INC. A POWER SPORTS FACTORY, INC. RUSH ENTERPRISES, INC. A SONIC AUTOMOTIVE INC WABASH NATIONAL CORPORATION SIC CODE 553 ADVANCE AUTO PARTS INC AUTOZONE INC O'REILLY AUTOMOTIVE INC PEP BOYS - MANNY, MOE & JACK U.S. AUTO PARTS NETWORK, INC. TILDEN ASSOCIATES, INC. SIC CODE 5531 ADVANCE AUTO PARTS INC AUTOZONE INC O'REILLY AUTOMOTIVE INC PEP BOYS - MANNY, MOE & JACK U.S. AUTO PARTS NETWORK, INC. TILDEN ASSOCIATES, INC. SIC CODE 554 ALON USA ENERGY INC PANTRY, INC. TRAVELCENTERS OF AMERICA, LLC. TESORO CORPORATION VERTEX ENERGY, INC. WESTERN REFINING INC SIC CODE 5541 ALON USA ENERGY INC PANTRY, INC. TRAVELCENTERS OF AMERICA, LLC. TESORO CORPORATION VERTEX ENERGY, INC. WESTERN REFINING INC SIC CODE 56 AMERICAN EAGLE OUTFITTERS ABERCROMBIE & FITCH COMPANY A ANN, INC. AMERICAN APPAREL, INC. AEROPOSTALE, INC. ASCENA RETAIL GROUP, INC. BUCKLE, INC. BAKERS FOOTWEAR GROUP, INC. BODY CENTRAL CORP BROWN SHOE COMPANY, INC. CACHE, INC. CATO CORPORATION A CHRISTOPHER & BANKS CORPORATION CHARMING SHOPPES INC CHICO'S FAS, INC. CASUAL MALE RETAIL GROUP, INC. CITI TRENDS, INC. COLDWATER CREEK DESTINATION MATERNITY CORP DSW INC DUSSAULT APPAREL, INC. EXPRESS, INC. FINISH LINE INC FOOT LOCKER INC FRANCESCAS HOLDINGS CORP GENESCO, INC. GUESS, INC. GORDMAN'S STORES, INC. GAP, INC. HOT TOPIC, INC. JOS A. BANK CLOTHIERS NORDSTROM, INC. LIMITED BRANDS, INC. LULULEMON ATHLETICA, INC. MAIDENFORM BRANDS, INC. MEN'S WEARHOUSE NEW YORK & COMPANY, INC. OMNIALUO, INC. CHILDREN'S PLACE RETAIL STORES, INC. COLLECTIVE BRANDS, INC. PACIFIC SUNWEAR PVH CORP RALPH LAUREN CORP ROSS STORES, INC. RUE21, INC. SHOE CARNIVAL STEVEN MADDEN STEIN MART STAGE STORES, INC. SYMS CORPORATION TJX COMPANIES TALBOTS, INC. TRUE RELIGION APPAREL, INC. URBAN OUTFITTERS INC. WET SEAL, INC. A ZUMIEZ, INC. SIC CODE 562 ANN, INC. ASCENA RETAIL GROUP, INC. BODY CENTRAL CORP CACHE, INC. CATO CORPORATION A CHRISTOPHER & BANKS CORPORATION CHARMING SHOPPES INC CHICO'S FAS, INC. COLDWATER CREEK DESTINATION MATERNITY CORP LIMITED BRANDS, INC. TALBOTS, INC. WET SEAL, INC. A SIC CODE 5621 ANN, INC. ASCENA RETAIL GROUP, INC. BODY CENTRAL CORP CACHE, INC. CATO CORPORATION A CHRISTOPHER & BANKS CORPORATION CHARMING SHOPPES INC CHICO'S FAS, INC. COLDWATER CREEK DESTINATION MATERNITY CORP LIMITED BRANDS, INC. TALBOTS, INC. WET SEAL, INC. A SIC CODE 565 AMERICAN EAGLE OUTFITTERS ABERCROMBIE & FITCH COMPANY A AEROPOSTALE, INC. BUCKLE, INC. CASUAL MALE RETAIL GROUP, INC. GAP, INC. NORDSTROM, INC. MAIDENFORM BRANDS, INC. CHILDREN'S PLACE RETAIL STORES, INC. PVH CORP RALPH LAUREN CORP ROSS STORES, INC. STEIN MART STAGE STORES, INC. SYMS CORPORATION TJX COMPANIES TRUE RELIGION APPAREL, INC. URBAN OUTFITTERS INC. SIC CODE 5651 AMERICAN EAGLE OUTFITTERS ABERCROMBIE & FITCH COMPANY A AEROPOSTALE, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report BUCKLE, INC. CASUAL MALE RETAIL GROUP, INC. GAP, INC. NORDSTROM, INC. MAIDENFORM BRANDS, INC. CHILDREN'S PLACE RETAIL STORES, INC. PVH CORP RALPH LAUREN CORP ROSS STORES, INC. STEIN MART STAGE STORES, INC. SYMS CORPORATION TJX COMPANIES TRUE RELIGION APPAREL, INC. URBAN OUTFITTERS INC. SIC CODE 566 BAKERS FOOTWEAR GROUP, INC. BROWN SHOE COMPANY, INC. DSW INC FINISH LINE INC FOOT LOCKER INC GENESCO, INC. COLLECTIVE BRANDS, INC. SHOE CARNIVAL SIC CODE 5661 BAKERS FOOTWEAR GROUP, INC. BROWN SHOE COMPANY, INC. DSW INC FINISH LINE INC FOOT LOCKER INC GENESCO, INC. COLLECTIVE BRANDS, INC. SHOE CARNIVAL SIC CODE 569 AMERICAN APPAREL, INC. CITI TRENDS, INC. DUSSAULT APPAREL, INC. EXPRESS, INC. GENESCO, INC. GORDMAN'S STORES, INC. HOT TOPIC, INC. LULULEMON ATHLETICA, INC. NEW YORK & COMPANY, INC. OMNIALUO, INC. PACIFIC SUNWEAR RUE21, INC. WET SEAL, INC. A SIC CODE 5699 AMERICAN APPAREL, INC. CITI TRENDS, INC. DUSSAULT APPAREL, INC. EXPRESS, INC. GENESCO, INC. GORDMAN'S STORES, INC. HOT TOPIC, INC. LULULEMON ATHLETICA, INC. NEW YORK & COMPANY, INC. OMNIALUO, INC. PACIFIC SUNWEAR RUE21, INC. WET SEAL, INC. A SIC CODE 57 APPLIANCE RECYCLING CENTERS BED BATH & BEYOND, INC. BEST BUY CO INC BASSETT FURNITURE INDUSTRIES CHINA 3C GROUP CONN'S, INC. COST PLUS, INC. GAMESTOP CORP A HASTINGS ENTERTAINMENT, INC. HHGREGG INCORPORATED HAVERTY FURNITURE COMPANIES, INC. A KIRKLAND'S, INC. MATTRESS FIRM HOLDING CORP PIER 1 IMPORTS, INC. REX AMERICAN RESOURCES CORP RADIOSHACK CORP 48 Stocks, Bonds, Bills, and Inflation INCONTACT, INC. TUCANA LITHIUM CORP TRANS WORLD ENTERTAINMENT WESTERN CAPITAL RESOURCES, INC. WILLIAMS-SONOMA, INC. SIC CODE 571 BED BATH & BEYOND, INC. BASSETT FURNITURE INDUSTRIES COST PLUS, INC. HAVERTY FURNITURE COMPANIES, INC. A KIRKLAND'S, INC. MATTRESS FIRM HOLDING CORP PIER 1 IMPORTS, INC. WILLIAMS-SONOMA, INC. SIC CODE 5719 BED BATH & BEYOND, INC. COST PLUS, INC. KIRKLAND'S, INC. PIER 1 IMPORTS, INC. WILLIAMS-SONOMA, INC. SIC CODE 573 BEST BUY CO INC CHINA 3C GROUP CONN'S, INC. GAMESTOP CORP A HASTINGS ENTERTAINMENT, INC. HHGREGG INCORPORATED REX AMERICAN RESOURCES CORP RADIOSHACK CORP INCONTACT, INC. TUCANA LITHIUM CORP TRANS WORLD ENTERTAINMENT WESTERN CAPITAL RESOURCES, INC. SIC CODE 5731 BEST BUY CO INC CHINA 3C GROUP CONN'S, INC. HHGREGG INCORPORATED REX AMERICAN RESOURCES CORP RADIOSHACK CORP WESTERN CAPITAL RESOURCES, INC. SIC CODE 58 AFC ENTERPRISES, INC. ARK RESTAURANTS CORP. EINSTEIN NOAH RESTAURANT GROUP FLANIGAN'S ENTERPRISES BIGLARI HOLDINGS, INC. BJ'S RESTAURANTS, INC. BENIHANA, INC. BOB EVANS FARMS, INC. BUFFALO WILD WINGS, INC. CHEESECAKE FACTORY, INC. MEXICAN RESTAURANTS, INC. CRACKER BARREL OLD COUNTRY STORE, INC. CEC ENTERTAINMENT, INC. O'CHARLEY'S INC. CHIPOTLE MEXICAN GRILL, INC. A COSI, INC. FAMOUS DAVE'S OF AMERICA, INC. DENNY'S CORPORATION DIVERSIFIED RESTAURANT HOLDINGS, INC. DINEEQUITY INC DUNKIN BRANDS GROUP INC DOMINO'S PIZZA, INC. DARDEN RESTAURANTS INC EACO CORPORATION BRINKER INTERNATIONAL, INC. EAST COAST DIVERSIFIED CORPORATION FRISCH'S RESTAURANTS, INC. GRANITE CITY FOOD & BREWERY LTD. GIGGLES N' HUGS, INC. GOOD TIMES RESTAURANTS, INC. JACK IN THE BOX, INC. J. ALEXANDER'S CORPORATION JAMBA, INC. EAT AT JOES, LTD. KONA GRILL, INC. LUBY'S, INC. MCDONALD'S CORPORATION MELT, INC. MORGAN'S FOODS, INC. MORTON'S RESTAURANT GROUP, INC. NATHANS FAMOUS NOBLE ROMAN'S, INC. EMPIRE RESORTS, INC. REALTY INCOME CORPORATION PEPSICO INC P.F. CHANG'S CHINA BISTRO, INC. PANERA BREAD COMPANY, INC. A PAPA JOHN'S INTERNATIONAL INC. PIZZA INN HOLDINGS INC RICK'S CABARET INTERNATIONAL, INC. RED ROBIN GOURMET BURGERS, INC. RUBY TUESDAY, INC. RUTH'S HOSPITALITY GROUP, INC. STARBUCKS CORPORATION SONIC CORPORATION SOUPMAN, INC. SPICY PICKLES FRANCHISING, INC. U-SWIRL INC CARROLS RESTAURANT GROUP, INC. TEXAS ROADHOUSE, INC. UFOOD RESTAURANT GRP, INC. WENDY'S CO A YUM BRANDS INC SIC CODE 581 AFC ENTERPRISES, INC. ARK RESTAURANTS CORP. EINSTEIN NOAH RESTAURANT GROUP FLANIGAN'S ENTERPRISES BIGLARI HOLDINGS, INC. BJ'S RESTAURANTS, INC. BENIHANA, INC. BOB EVANS FARMS, INC. BUFFALO WILD WINGS, INC. CHEESECAKE FACTORY, INC. MEXICAN RESTAURANTS, INC. CRACKER BARREL OLD COUNTRY STORE, INC. CEC ENTERTAINMENT, INC. O'CHARLEY'S INC. CHIPOTLE MEXICAN GRILL, INC. A COSI, INC. FAMOUS DAVE'S OF AMERICA, INC. DENNY'S CORPORATION DIVERSIFIED RESTAURANT HOLDINGS, INC. DINEEQUITY INC DUNKIN BRANDS GROUP INC DOMINO'S PIZZA, INC. DARDEN RESTAURANTS INC EACO CORPORATION BRINKER INTERNATIONAL, INC. EAST COAST DIVERSIFIED CORPORATION FRISCH'S RESTAURANTS, INC. GRANITE CITY FOOD & BREWERY LTD. GIGGLES N' HUGS, INC. GOOD TIMES RESTAURANTS, INC. JACK IN THE BOX, INC. J. ALEXANDER'S CORPORATION JAMBA, INC. EAT AT JOES, LTD. KONA GRILL, INC. LUBY'S, INC. MCDONALD'S CORPORATION MELT, INC. MORGAN'S FOODS, INC. MORTON'S RESTAURANT GROUP, INC. NATHANS FAMOUS NOBLE ROMAN'S, INC. EMPIRE RESORTS, INC. REALTY INCOME CORPORATION PEPSICO INC P.F. CHANG'S CHINA BISTRO, INC. PANERA BREAD COMPANY, INC. A PAPA JOHN'S INTERNATIONAL INC. PIZZA INN HOLDINGS INC RICK'S CABARET INTERNATIONAL, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report RED ROBIN GOURMET BURGERS, INC. RUBY TUESDAY, INC. RUTH'S HOSPITALITY GROUP, INC. STARBUCKS CORPORATION SONIC CORPORATION SOUPMAN, INC. SPICY PICKLES FRANCHISING, INC. U-SWIRL INC CARROLS RESTAURANT GROUP, INC. TEXAS ROADHOUSE, INC. UFOOD RESTAURANT GRP, INC. WENDY'S CO A YUM BRANDS INC SIC CODE 5812 AFC ENTERPRISES, INC. ARK RESTAURANTS CORP. EINSTEIN NOAH RESTAURANT GROUP FLANIGAN'S ENTERPRISES BIGLARI HOLDINGS, INC. BJ'S RESTAURANTS, INC. BENIHANA, INC. BOB EVANS FARMS, INC. BUFFALO WILD WINGS, INC. CHEESECAKE FACTORY, INC. MEXICAN RESTAURANTS, INC. CRACKER BARREL OLD COUNTRY STORE, INC. CEC ENTERTAINMENT, INC. O'CHARLEY'S INC. CHIPOTLE MEXICAN GRILL, INC. A COSI, INC. FAMOUS DAVE'S OF AMERICA, INC. DENNY'S CORPORATION DIVERSIFIED RESTAURANT HOLDINGS, INC. DINEEQUITY INC DUNKIN BRANDS GROUP INC DOMINO'S PIZZA, INC. DARDEN RESTAURANTS INC EACO CORPORATION BRINKER INTERNATIONAL, INC. EAST COAST DIVERSIFIED CORPORATION FRISCH'S RESTAURANTS, INC. GRANITE CITY FOOD & BREWERY LTD. GIGGLES N' HUGS, INC. GOOD TIMES RESTAURANTS, INC. JACK IN THE BOX, INC. J. ALEXANDER'S CORPORATION JAMBA, INC. EAT AT JOES, LTD. KONA GRILL, INC. LUBY'S, INC. MCDONALD'S CORPORATION MELT, INC. MORGAN'S FOODS, INC. MORTON'S RESTAURANT GROUP, INC. NATHANS FAMOUS NOBLE ROMAN'S, INC. EMPIRE RESORTS, INC. REALTY INCOME CORPORATION PEPSICO INC P.F. CHANG'S CHINA BISTRO, INC. PANERA BREAD COMPANY, INC. A PAPA JOHN'S INTERNATIONAL INC. PIZZA INN HOLDINGS INC RED ROBIN GOURMET BURGERS, INC. RUBY TUESDAY, INC. RUTH'S HOSPITALITY GROUP, INC. STARBUCKS CORPORATION SONIC CORPORATION SOUPMAN, INC. SPICY PICKLES FRANCHISING, INC. U-SWIRL INC CARROLS RESTAURANT GROUP, INC. TEXAS ROADHOUSE, INC. UFOOD RESTAURANT GRP, INC. WENDY'S CO A YUM BRANDS INC 49 Stocks, Bonds, Bills, and Inflation SIC CODE 59 AGILYSYS, INC. AMAZON.COM INC AMERIGAS PARTNERS LP AS SEEN ON TV INC BOOKS-A-MILLION, INC. BRAVO BRIO RESTAURANT GROUP, INC. BUILD-A-BEAR WORKSHOP, INC. BIDGIVE INTERNATIONAL, INC. BLUEFLY, INC. BIG 5 SPORTING GOODS CORPORATION BIDZ.COM, INC. BARNES & NOBLE, INC. BILLMYPARENTS INC CABELA'S, INC. CHANGDA INTERNATIONAL HOLDINGS, INC. CRANE COMPANY CASH AMERICA INTERNATIONAL INC CVS CAREMARK CORP COLDWATER CREEK CHINA YONGXIN PHARMACEUTICALS, INC. DECKERS OUTDOOR CORPORATION DEFENSE INDUSTRIES INTERNATIONAL, INC. DGSE COMPANIES, INC. DICK'S SPORTING GOODS, INC. DELIA*S, INC. DOVER SADDLERY, INC. DREAMS INCORPORATED EFT HOLDINGS INC EXPRESS SCRIPTS ENERGY TRANSFER PARTNERS, L.P. EZCORP, INC. FIRST CASH FINANCIAL SERVICES, INC. 1-800 FLOWERS.COM, INC. GOLFSMITH INTERNATIONAL HOLDINGS, INC. GREENHOUSE HOLDINGS, INC. GLACIER WATER SERVICES INC HEARUSA INC HIBBETT SPORTS INC HOLLYWOOD MEDIA CORPORATION HOTEL OUTSOURCE MANAGEMENT INTERNATIONAL, INC. IAC/INTERACTIVECORP INTERNATIONAL COMMERCIAL TELEVISION, INC. IPARTY CORPORATION ISA INTERNATIONAL, INC. JOS A. BANK CLOTHIERS LIBERATOR MEDICAL HOLDINGS INC LIQUIDITY SERVICE, INC. LOTUS PHARMACEUTICALS PC MALL, INC. MASCO CORPORATION DAVI LUXURY BRAND GROUP, INC. MEDCO HEALTH SOLUTIONS, INC. MAGNEGAS CORPORATION MOVADO GROUP INC MCT HOLDING CORP. VAIL RESORTS, INC. MY CATALOGS ONLINE, INC. BLUE NILE, INC. INERGY, L.P. INSIGHT ENTERPRISES, INC. NUTRISYSTEM, INC. NVIDIA CORPORATION OMNICARE INC OVERSTOCK.COM, INC. PC CONNECTION, INC. PETSMART INC. PETMED EXPRESS, INC. PHARMERICA CORPORATION RITE AID CORPORATION SALLY BEAUTY HOLDINGS INC STAR GAS PARTNERS, L.P. SPORT CHALET, INC. B SUBURBAN PROPANE PARTNERS LP STAPLES, INC. STAMPS.COM, INC. SYSTEMAX, INC. TIFFANY & CO. TITAN MACHINERY, INC. TRB SYSTEMS INTERNATIONAL, INC. UNITED ONLINE, INC. VITACOST.COM, INC. VALUEVISION MEDIA, INC. A WALGREEN COMPANY WORLD WRESTLING ENTERTAINMENT, INC. XO GROUP INC ZAGG, INC. ZALE CORPORATION SIC CODE 591 CVS CAREMARK CORP CHINA YONGXIN PHARMACEUTICALS, INC. EXPRESS SCRIPTS LIBERATOR MEDICAL HOLDINGS INC LOTUS PHARMACEUTICALS MEDCO HEALTH SOLUTIONS, INC. OMNICARE INC PETMED EXPRESS, INC. PHARMERICA CORPORATION RITE AID CORPORATION WALGREEN COMPANY SIC CODE 5912 CVS CAREMARK CORP CHINA YONGXIN PHARMACEUTICALS, INC. EXPRESS SCRIPTS LIBERATOR MEDICAL HOLDINGS INC LOTUS PHARMACEUTICALS MEDCO HEALTH SOLUTIONS, INC. OMNICARE INC PETMED EXPRESS, INC. PHARMERICA CORPORATION RITE AID CORPORATION WALGREEN COMPANY SIC CODE 594 BOOKS-A-MILLION, INC. BUILD-A-BEAR WORKSHOP, INC. BIG 5 SPORTING GOODS CORPORATION BARNES & NOBLE, INC. CABELA'S, INC. DGSE COMPANIES, INC. DICK'S SPORTING GOODS, INC. DOVER SADDLERY, INC. DREAMS INCORPORATED 1-800 FLOWERS.COM, INC. GOLFSMITH INTERNATIONAL HOLDINGS, INC. HIBBETT SPORTS INC MOVADO GROUP INC BLUE NILE, INC. SPORT CHALET, INC. B STAPLES, INC. TIFFANY & CO. TRB SYSTEMS INTERNATIONAL, INC. ZALE CORPORATION SIC CODE 5941 BIG 5 SPORTING GOODS CORPORATION CABELA'S, INC. DICK'S SPORTING GOODS, INC. DOVER SADDLERY, INC. DREAMS INCORPORATED GOLFSMITH INTERNATIONAL HOLDINGS, INC. HIBBETT SPORTS INC SPORT CHALET, INC. B TRB SYSTEMS INTERNATIONAL, INC. SIC CODE 5944 DGSE COMPANIES, INC. MOVADO GROUP INC BLUE NILE, INC. TIFFANY & CO. ZALE CORPORATION SIC CODE 596 AMAZON.COM INC AS SEEN ON TV INC BRAVO BRIO RESTAURANT GROUP, INC. BIDGIVE INTERNATIONAL, INC. BLUEFLY, INC. BIDZ.COM, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report BILLMYPARENTS INC CHANGDA INTERNATIONAL HOLDINGS, INC. CRANE COMPANY COLDWATER CREEK DELIA*S, INC. GLACIER WATER SERVICES INC IAC/INTERACTIVECORP INTERNATIONAL COMMERCIAL TELEVISION, INC. ISA INTERNATIONAL, INC. JOS A. BANK CLOTHIERS LIQUIDITY SERVICE, INC. PC MALL, INC. MY CATALOGS ONLINE, INC. INSIGHT ENTERPRISES, INC. NUTRISYSTEM, INC. NVIDIA CORPORATION PC CONNECTION, INC. STAMPS.COM, INC. SYSTEMAX, INC. VITACOST.COM, INC. VALUEVISION MEDIA, INC. A WORLD WRESTLING ENTERTAINMENT, INC. SIC CODE 5961 AMAZON.COM INC AS SEEN ON TV INC BIDGIVE INTERNATIONAL, INC. BLUEFLY, INC. BIDZ.COM, INC. BILLMYPARENTS INC CHANGDA INTERNATIONAL HOLDINGS, INC. COLDWATER CREEK DELIA*S, INC. IAC/INTERACTIVECORP INTERNATIONAL COMMERCIAL TELEVISION, INC. ISA INTERNATIONAL, INC. JOS A. BANK CLOTHIERS LIQUIDITY SERVICE, INC. PC MALL, INC. MY CATALOGS ONLINE, INC. INSIGHT ENTERPRISES, INC. NUTRISYSTEM, INC. NVIDIA CORPORATION PC CONNECTION, INC. STAMPS.COM, INC. SYSTEMAX, INC. VITACOST.COM, INC. VALUEVISION MEDIA, INC. A WORLD WRESTLING ENTERTAINMENT, INC. SIC CODE 598 AMERIGAS PARTNERS LP MAGNEGAS CORPORATION INERGY, L.P. STAR GAS PARTNERS, L.P. SUBURBAN PROPANE PARTNERS LP SIC CODE 599 AGILYSYS, INC. CABELA'S, INC. CASH AMERICA INTERNATIONAL INC DECKERS OUTDOOR CORPORATION DEFENSE INDUSTRIES INTERNATIONAL, INC. EFT HOLDINGS INC ENERGY TRANSFER PARTNERS, L.P. EZCORP, INC. FIRST CASH FINANCIAL SERVICES, INC. GREENHOUSE HOLDINGS, INC. HEARUSA INC HOLLYWOOD MEDIA CORPORATION HOTEL OUTSOURCE MANAGEMENT INTERNATIONAL, INC. IPARTY CORPORATION MASCO CORPORATION DAVI LUXURY BRAND GROUP, INC. MCT HOLDING CORP. VAIL RESORTS, INC. OVERSTOCK.COM, INC. PETSMART INC. SALLY BEAUTY HOLDINGS INC TITAN MACHINERY, INC. 50 Stocks, Bonds, Bills, and Inflation UNITED ONLINE, INC. XO GROUP INC ZAGG, INC. SIC CODE 5999 AGILYSYS, INC. CABELA'S, INC. CASH AMERICA INTERNATIONAL INC DECKERS OUTDOOR CORPORATION DEFENSE INDUSTRIES INTERNATIONAL, INC. EFT HOLDINGS INC ENERGY TRANSFER PARTNERS, L.P. EZCORP, INC. FIRST CASH FINANCIAL SERVICES, INC. GREENHOUSE HOLDINGS, INC. HEARUSA INC HOTEL OUTSOURCE MANAGEMENT INTERNATIONAL, INC. IPARTY CORPORATION MASCO CORPORATION DAVI LUXURY BRAND GROUP, INC. MCT HOLDING CORP. VAIL RESORTS, INC. OVERSTOCK.COM, INC. PETSMART INC. SALLY BEAUTY HOLDINGS INC TITAN MACHINERY, INC. XO GROUP INC ZAGG, INC. SIC CODE 60 AUBURN BANCORP, INC. AMERIS BANCORP ANCHOR BANCORP WISCONSIN INC AB&T FINANCIAL CORPORATION ALLIANCE BANKSHARES CORP ATLANTIC COAST FINANCIAL CORP ACNB CORPORATION ASTORIA FINANCIAL CORPORATION ATHENS BANCSHARES CORPORATION AJS BANCORP, INC. ALASKA PACIFIC BANCSHARES ALLIANCE BANCORP INC OF PENNSYLVANIA ALLIANCE FINANCIAL CORP AMERICAN NATIONAL BANKSHARES, INC. AMERICAN RIVER BANKSHARES ANCHOR BANCORP ACCESS NATIONAL CORPORATION ANNAPOLIS BANCORP, INC. ARROW FINANCIAL CORPORATION ASB BANCORP INC ASSOCIATED BANC-CORP AMERIANA BANCORP ATLANTIC SOUTHERN FINANCIAL GROUP, INC. AMERISERV FINANCIAL, INC. ATLANTIC BANCSHARES INC AMES NATIONAL CORP AUBURN NATIONAL BANCORPORATION, INC. BANK OF AMERICA CORPORATION FIRST PACTRUST BANCORP, INC. BANCFIRST CORPORATION BANNER CORP BAY BANKS OF VA BAY NATIONAL CORPORATION BIRMINGHAM BLOOMFIELD BANCSHARES BBCN BANCORP INC BRIDGE CAPITAL HOLDINGS BB&T CORP BANKATLANTIC BANCORP A BANK OF THE CAROLINAS BCB BANCORP, INC. BCSB BANKCORP, INC. BRIDGE BANCORP, INC. BERKSHIRE BANCORP, INC. BFC FINANCIAL CORPORATION B BEACON FEDERAL BANCORP, INC. BANKFINANCIAL CORPORATION BROOKLYN FEDERAL BANCORP, INC. BAR HARBOR BANKSHARES BERKSHIRE HILLS BANCORP, INC. BANK OF NEW YORK MELLON BRITTON & KOONTZ CAPITAL CORPORATION BANCORP OF NEW JERSEY, INC. BANK MUTUAL CORPORATION OAK RIDGE FINANCIAL SERVICES BANK OF SOUTH CAROLINA CORPORATION BANKUNITED, INC. BANK OF KENTUCKY FINANCIAL BANK OF MARIN BANCORP BRYN MAWR BANK CORP BNC CORP INC BENEFICIAL MUTUAL BANCORP INC BNC BANCORP BANK OF COMMERCE HOLDINGS, INC. BOFI HOLDING INC BANK OF HAWAII CORPORATION BANK OF THE JAMES FINANCIAL GROUP, INC. BOK FINANCIAL CORP. BOL BANCSHARES, INC. BOTETOURT BANKSHARES, INC. BANK VA CHESTERFIELD BOSTON PRIVATE FINANCIAL HOLDINGS INC BROOKLINE BANCORP, INC. SIERRA BANCORP COMMUNITY BANKERS TRUST CORPORATION. BANCTRUST FINANCIAL GROUP INC FIRST BUSEY CORP A BLUE VALLEY BAN CORP BANCORPSOUTH INC. BROADWAY FINANCIAL CORP BAYLAKE CORP CITIGROUP INC CAMDEN NATIONAL CORPORATION CASCADE BANCORP CAMCO FINANCIAL CORP CAROLINA TRUST BANK CARVER BANCORP, INC. META FINANCIAL GROUP, INC. CASS INFORMATION SYSTEMS, INC. CATHAY GENERAL BANCORP COLONY BANKCORP INC COASTAL BANKING COMPANY INC CAPITOL BANCORP LTD CNB FINANCIAL SERVICES, INC. COMMUNITY BANK SHARES OF INDIANA, INC. CONSUMERS BANCORP, INC. CAPITAL BANK CORPORATION CAPE BANCORP, INC. CHICOPEE BANCORP, INC. COMMERCE BANCSHARES, INC. COMMUNITYSOUTH FINANCIAL CORP COMMUNITY BANK SYSTEM INC. CHINO COMMERCIAL BANCORP COMMUNITY CENTRAL BANK CORPORATION CAPITAL CITY BANK GROUP, INC. CCFNB BANCORP, INC. CNB FINANCIAL CORPORATION CARDINAL BANKSHARES CORPORATION CENTRAL BANCORP, INC. CECIL BANCORP, INC. CENTRAL FLORIDA ST BANK CENTRAL FEDERAL CORP COMMUNITY FINANCIAL CORP C&F FINANCIAL CORPORATION CAPITOL FEDERAL FINANCIAL, INC. CORNERSTONE FINANCIAL CORPORATION COMMUNITY FINANCIAL SHS CALIFORNIA FIRST NATIONAL BANCORP CARDINAL FINANCIAL CORP COMMUNITY FIRST BANCORPORATION CROGHAN BANCSHARES, INC. CITY HOLDING COMPANY CHEMICAL FINANCIAL CORPORATION CHARTER FINANCIAL CORP CHEMUNG FINANCIAL CORPORATION CIB MARINE BANCSHARES INC CFS BANCORP, INC. CITIZENS HOLDING COMPANY ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report CKF BANCORP, INC. COLUMBIA COMMERCIAL BCRP CAROLINA BANK HOLDINGS INC CORTLAND BANCORP COMERICA INC COMMERCEFIRST BANCORP INC COMMERCIAL BANCSHARES, INC. CMS BANCORP, INC. COMMUNITY BANCORP, INC. COMMERCIAL NATIONAL FINANCIAL CORP (PA) CENTER BANCORP, INC. CENTURY BANCORP, INC. A CNB CORPORATION MI CANANDAIGUA NATIONAL CP CONGAREE BANCSHARES INC COLONIAL FINANCIAL SERVICES INC COBIZ FINANCIAL INC CAPITAL ONE FINANCIAL CORP CHOICEONE FINANCIAL SERVICES INC COLUMBIA BANKING SYSTEM, INC. COMMUNITY PARTNERS BANCORP CENTRAL PACIFIC FINANCIAL CORPORATION CAPITOL CITY BANCSHARES CITIZENS REPUBLIC BANCORP INC CRESCENT FINANCIAL BANCSHARES INC CARROLLTON BANCORP CSB BANCORP, INC. CITIZENS SOUTH BANKING CORPORATION CLIFTON SAVINGS BANCORP, INC. CORNERSTONE BANCSHARES INC (TN) CAPITALSOURCE INC COMMUNITY SHORES BANK CORPORATION CRESCENT BANKING COMPANY CONNECTICUT BANK & TRUST COMPANY COMMUNITY TRUST BANCORP, INC. CORNERSTONE BANCORP (EASLEY, SC) CENTURY NEXT FINANCIAL CORP CULLMAN BANCORP INC. CALIFORNIA UNITED BANK CVB FINANCIAL CORPORATION CENTRAL VIRGINIA BANKSHARES INC. CENTRAL VALLEY COMMUNITY BANCORP COMMUNITY VALLEY BANCORP CODORUS VALLEY BANCORP, INC. COMMUNITY WEST BANCSHARES COMMONWEALTH BANKSHARES, INC. COWLITZ BANCORPORATION CITY NATIONAL CORP CITIZENS BANCSHARES CORPORATION CITIZENS BANCORP OF VIRGINIA, INC. CITIZENS FIRST CORPORATION CITIZENS FINANCIAL SERVICES, INC. CITIZENS AND NORTHERN CORPORATION CITIZENS COMMUNITY BANCORP, INC. CITIZENS COMMUNITY BK VA DCB FINANCIAL CORPORATION DIME COMMUNITY BANCSHARES, INC. DEARBORN BANCORP, INC. DIMECO, INC. DFC GLOBAL CORP DELANCO BANCORP, INC. DENMARK BANCSHARES, INC. DNB FINANCIAL CORPORATION EAGLE BANCORP MONTANA, INC. MERIDIAN INTERSTATE BANCORP, INC. ENTERPRISE BANCORP, INC. ENCORE BANCSHARES INC ECB BANCORP INC EURONET WORLDWIDE, INC. ENTERPRISE FINANCIAL SERVICES CORPORATION EAGLE FINANCIAL SERVICES, INC. EAGLE BANCORP INC EUREKA FINANCIAL CORP. EMCLAIRE FINANCIAL CORPORATION ENB FINANCIAL CORPORATION ESB FINANCIAL CORPORATION ELMIRA SAVINGS BANK FSB (THE) ES BANCSHARES INC 51 Stocks, Bonds, Bills, and Inflation ESSA BANCORP INC E*TRADE FINANCIAL CORP EVANS BANCORP INC EASTERN VIRGINIA BANKSHARES INC EXCHANGE BANK SANTA ROSA FIRST ADVANTAGE BANCORP FIRST NATIONAL BANK ALASKA FLAGSTAR BANCORP, INC. FIRST BUSINESS FINANCIAL SERVICES, INC. FIRSTBANK CORP MICHIGAN FIRST BANCSHARES INC FIRST BANCORP FIRST CONNECTICUT BANCORP, INC. FIRST BANCSHARES, INC /MO/ FAUQUIER BANKSHARES INC FIRST CALIFORNIA FINANCIAL GROUP, INC. FIRST CAPITAL, INC. FIRST COMMUNITY BANCSHARES INC BLUEFIELD FREDERICK COUNTY BANCORP, INC. FIRST CENTURY BANKSHARES FIRST COMMUNITY CORPORATION 1ST CONSTITUTION BANCORP FIRST COMMONWEALTH FINANCIAL CORP FIRST COMMUNITY BANK CORP OF AMERICA FIRST CLOVER LEAF FINANCIAL CORPORATION FIRST CITIZENS BANCSHARES INC (DE) A 1ST COLONIAL BANCORP INC 1ST CENTURY BANCSHRS, INC. FIRST CAPITAL BANCORP, INC. FIRST CITIZENS BANC CORP FIDELITY D & D BANCORP FIRST DEFIANCE FINANCIAL CORPORATION FNDS3000 CORPORATION FENTURA FINANCIAL, INC. FIRST FINANCIAL BANCORP FIRST FEDERAL BANCSHARES OF ARKANSAS INC FIRST FINANCIAL HOLDINGS INC FEDFIRST FINANCIAL CORPORATION FFD FINANCIAL CORPORATION FASTFUNDS FINANCIAL CORPORATION NORTH CENTRAL BANCSHARES, INC. FLUSHING FINANCIAL CORP FIRST FINANCIAL BANKSHARES INC. 1ST FINANCIAL SERVICES CORP FARMERS CAPITAL BANK CORPORATION FIRST FINANCIAL SERVICE CORPORATION FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. FIRST FINANCIAL NORTHWEST, INC. FIRST INDEPENDENCE CORPORATION FIRST HORIZON NATIONAL CORP FIRST INTERSTATE BANCSYSTEM FIRST INTERNET BANCORP 1ST CAPITAL BANK CA FINANCIAL INSTITUTIONS, INC. FISERV, INC. FIFTH THIRD BANCORP FIRST CITIZENS BANCSHARES INC (TN) FIRST KEYSTONE CORPORATION FIRST OF LONG ISLAND FLATBUSH FEDERAL BANCORP, INC. FARMERS & MERCHANTS BANCORP, INC. FIRST MARINER BANCORP, INC. FIRST MID ILLINOIS BANCSHARES FIRST MIDWEST BANCORP INC F & M BANK CORPORATION FARMERS & MERCHANTS BANCORP FIRSTMERIT CORP FIRST M&F CORP FIRST COMMUNITY FINANCIAL CORP FARMERS NATIONAL BANC CORPORATION F.N.B. CORPORATION FNB BANCORP FNB UNITED CORP FIRST NATIONAL COMMUNITY BANCORP INC FIRST NIAGARA FINANCIAL GROUP INC FNBH BANCORP INC FIRST BANCORP INC FIRST NORTHERN COMMUNITY BANK OF DIXON FOUR OAKS FINCORP, INC. FIRST OTTAWA BANCSHARES, INC. FPB BANCORP, INC. FIRST PLACE FINANCIAL CORPORATION FRANKLIN FINANCIAL SERVICES CORPORATION REPUBLIC FIRST BANCORP, INC. FIRST REPUBLIC BANK (SAN FRANCISCO, CA) FIRST ROBINSON FINANCIAL CORPORATION FIRST MERCHANTS CORP FRANKLIN FINANCIAL CORP FSB COMMUNITY BANKSHARES, INC. FIDELITY BANCORP, INC. FIRST SOUTH BANCORP, INC. FIRST SAVINGS FINANCIAL GROUP INC FIRST SECURITY GROUP, INC. FIRST STATE BANCORPORATION FIRST REL BNCSHRS INC SC FRONTIER FINANCIAL CORPORATION 1ST UNITED BANCORP FULTON FINANCIAL CORP FIRST UNITED CORP FIRST WEST VIRGINIA BANCORP FOX CHASE BANCORP, INC. FIRST NATIONAL CORPORATION GLACIER BANCORP INC GUARANTY BANCORP GREENE COUNTY BANCORP, INC. GEORGIA CAROLINA BANCSHARES INC GUARANTY FEDERAL BANCSHARES INC GREAT FLORIDA BANK GLEN BURNIE BANCORP GRAND RIVER COMMERCE INC. GREER BANCSHARES INC GREEN BANKSHARES, INC. GREAT SOUTHERN BANCORP, INC. GRAYSON BANKSHARES, INC. GEORGETOWN BANCORP, INC. HABERSHAM BANCORP HANMI FINANCIAL CORPORATION HARVARD ILLINOIS BANCORP INC. HARLEYSVILLE SAVINGS FINANCIAL CORPORATION HUNTINGTON BANCSHARES INC HOME BANCORP, INC. HANCOCK HOLDING COMPANY HILLS BANCORP HIGHLANDS BANKSHARES, INC. HERITAGE BANKSHARES, INC. HORIZON BANCORP INDUSTRIES HAMPDEN BANCORP, INC. HERITAGE FINANCIAL GROUP, INC. HIGHLANDS BANKSHARES, INC. HUDSON CITY BANCORP, INC. HCSB FINANCIAL CORPORATION HAWAIIAN ELECTRIC INDUSTRIES INC HERITAGE OAKS BANCORP HOPFED BANCORP, INC. HOME FEDERAL BANCORP INC OF LOUISIANA HF FINANCIAL CORP. HERITAGE FINANCIAL CORPORATION HIBERNIA BANCORP INC HINGHAM INSTITUTION SAVINGS HEARTLAND BANCORP HMN FINANCIAL HAMPTON ROADS BANKSHARES INC HOMETOWN BANKSHARES CORP HERALD NATIONAL BANK HOME BANCSHARES, INC. HOME FEDERAL BANCORP, INC. HIGHLANDS BANCORP, INC. HERITAGE COMMERCE CORP HEARTLAND FINANCIAL USA INC HOMETOWN BANCORP, INC. HUDSON VALLEY HOLDING CORP HAWTHORN BANCSHARES, INC. HORIZON BANCORPORATION IBERIABANK CORP ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report INTERNATIONAL BANCSHARES CORPORATION ICB FINANCIAL CA INDEPENDENCE BANCSHARES, INC. INDEPENDENCE FEDERAL SAVINGS BANK INTERMOUNTAIN COMMUNITY BANCORP INDIANA COMMUNITY BANCORP INDEPENDENT BANK CORP ISABELLA BANK CORP INVESTORS BANCORP INC JACKSONVILLE BANCORP INC (FL) JEFFERSONVILLE BANCORP NY JEFFERSON BANCSHARES, INC. JPMORGAN CHASE & CO JUNIATA VALLEY FINANCIAL CORPORATION JACKSONVILLE BANCORP, INC. KEYCORP KENTUCKY FIRST FEDERAL BANCORP KAISER FEDERAL FINANCIAL GROUP, INC. KILLBUCK BANCSHARES KEARNY FINANCIAL CORPORATION KENTUCKY BANCSHARES, INC. LOUISIANA BANCORP INCORPORATED LANDMARK BANCORP, INC. LAKELAND BANCORP, INC. LCNB CORPORATION FIDELITY SOUTHERN CORP LAKELAND FINANCIAL CORPORATION LNB BANCORP LOGANSPORT FINANCIAL CORPORATION LAPORTE BANCORP INC LSB FINANCIAL CORPORATION LAKE SHORE BANCORP, INC. MIDDLEFIELD BANC CORPORATION MERCANTILE BANCORP, INC. MB FINANCIAL CORPORATION MIDDLEBURG FINANCIAL CORP. MBT FINANCIAL CORPORATION MERCHANTS BANCSHARES INC. MERCANTILE BANK CORPORATION MACATAWA BANK CORPORATION MONARCH COMMUNITY BANCORP INC METROCORP BANCSHARES, INC. MADISON BANCORP INC MD METRO BANCORP, INC. M & F BANCORP, INC. MAYFLOWER CO-OP BANK MACKINAC FINANCIAL CORPORATION MUTUALFIRST FINANCIAL INC MAGYAR BANCORP, INC. MISSION COMMUNITY BANK MCINTOSH BANCSHARES, INC. MALVERN FEDERAL BANCORP, INC. MOUNTAIN NATIONAL BANCSHARES, INC. MANHATTAN BANCORP MONARCH FINANCIAL HOLDINGS, INC. MAINSTREET BANK MIDWESTONE FINANCIAL GROUP MID PENN BANCORP INC MAINSTREET BANKSHARES MSB FINANCIAL CORPORATION MAINSOURCE FINANCIAL GROUP, INC. MIDSOUTH BANCORP M&T BANK CORP MVB FINANCIAL CORP MISSION VALLEY BANCORP MID-WISCONSIN FINANCIAL SERVICES, INC. NASB FINANCIAL, INC. NEWBRIDGE BANCORP NORTHWEST BANCORPORATION, INC. NORTHEAST BANCORP NATIONAL BANCSHARES CORPORATION NBT BANCORP INC NB&T FINANCIAL GROUP, INC. NEW CENTURY BANCORP, INC. NORCAL COMMUNITY BANCORP NEW ENGLAND BANCSHARES, INC. NORTHEAST COMMUNITY BANCORP, INC. NEFFS BANCORP, INC. 52 Stocks, Bonds, Bills, and Inflation NORTHFIELD BANCORP, INC. NEWPORT BANCORP, INC. NEW HAMPSHIRE THRIFT BANCSHARES, INC. NATIONAL BANKSHARES, INC. NORTH VALLEY BANCORP NATIONAL PENN BANCSHARES NORTHRIM BANCORP, INC. NORTHERN CALIFORNIA BANCORP INC NORTH STATE BANCORP NORTHERN STATES FINANCIAL CORP NORTHERN TRUST CORPORATION NAUGATUCK VALLEY FINANCIAL CORPORATION NORTHWEST BANCSHARES INC MD NORWOOD FINANCIAL CORPORATION NORTHWEST INDIANA BANCORP NEW PEOPLES BANKSHARES INC NORTHWAY FINANCIAL, INC. NEW YORK COMMUNITY BANCORP, INC. OBA FINANCIAL SERVICES, INC. OCEANFIRST FINANCIAL CORPORATION OCONEE FEDERAL FINANCIAL CORP SOUTHWEST BANCORP INC OLD LINE BANCSHARES, INC. OHIO LEGACY CORPORATION OLD NATIONAL BANCORP ONE BIO CORPORATION ONEIDA FINANCIAL CORPORATION OPTIMUMBANK HOLDINGS, INC. ORITANI FINANCIAL CORP ORRSTOWN FINANCIAL SERVICES INC OLD SECOND BANCORP INC. OCEAN SHORE HOLDING COMPANY OTTAWA SAVINGS BANCORP INCORPORATED OAK VALLEY BANCORP BANK OF THE OZARKS, INC. PAB BANKSHARES, INC. PACWEST BANCORP PATAPSCO BANCORP, INC. PROSPERITY BANCSHARES, INC. PEOPLES BANCORPORATION INC POLONIA BANCORP, INC. PEOPLE'S UNITED FINANCIAL, INC. PATHFINDER BANCORP, INC. PRUDENTIAL BANCORP INC. OF PENNSYLVANIA PROVIDENT NEW YORK BANCORP PACIFIC CAPITAL BANCORP PACIFIC CONTINENTAL CORP PROVIDENT COMMUNITY BANCSHARES, INC. PRESIDIO BANK PEOPLES BANCORP INC PEOPLES BANCORP OF NC PEOPLES BANCORP INC (MARIETTA, OH) PEOPLES FEDERAL BANCSHARES, INC. PREFERRED BANK PREMIER FINANCIAL BANCORP, INC. PEOPLES FINANCIAL CORPORATION PACIFIC CITY FINANCIAL CORP PARK BANCORP, INC. PEOPLES FINANCIAL SERVICES CORPORATION PACIFIC FINANCIAL CORP PENSECO FINANCIAL SERVICES CORP PROVIDENT FINANCIAL SERVICES, INC. PEAPACK GLADSTONE FINANCIAL CORPORATION PARKE BANCORP INC PALMETTO BANCSHARES INC PACIFIC MERCANTILE BANCORP PRINCETON NATIONAL BANCORP INC. PIONEER BANKSHARES, INC. PATRIOT NATIONAL BANCORP PNC FINANCIAL SERVICES GROUP INC PINNACLE FINANCIAL PARTNERS, INC. PACIFIC PREMIER BANCORP, INC. PINNACLE BANKSHARES CORPORATION PARK NATIONAL CORPORATION PROVIDENT FINANCIAL HOLDINGS PREMIERWEST BANCORP PACIFIC STATE BANCORP PSB GROUP, INC. PSB HOLDINGS, INC. PSB HOLDINGS INC (WAUSAU, WI) PARK STERLING CORP POTOMAC BANCSHARES INC PULASKI FINANCIAL CORPORATION PVF CAPITAL CORP. PRIVATEBANCORP INC PENNS WOODS BANCORP, INC. PAYMENT DATA SYSTEMS, INC. QC HOLDINGS, INC. QCR HOLDINGS INC QNB CORPORATION QUAINT OAK BANCORP, INC. REPUBLIC BANCORP, INC. A ROEBLING FINANCIAL CORPORATION, INC. RURBAN FINANCIAL CORP ROYAL BANCSHARES OF PENNSYLVANIA A ROCKVILLE FINANCIAL, INC. REGIONS FINANCIAL CORPORATION RIVERVIEW FINANCIAL CORP. RIVER VALLEY BANCORP RELIANCE BANCSHARES, INC. RENASANT CORPORATION ROMA FINANCIAL CORPORATION RIVERVIEW BANCORP, INC. SAEHAN BANCORP SALISBURY BANCORP, INC. SANDY SPRING BANCORP, INC. SAVANNAH BANCORP INC SUSSEX BANCORP SEACOAST BANKING CORPORATION A SOUTHEASTERN BANK FINANCIAL CORP SONOMA VALLEY BANCORP SIGNATURE BANK SOUTHSIDE BANCSHARES INC SBT BANCORP, INC. SECURITY BANK OF CA SCBT FINANCIAL CORPORATION SOUTHERN COMMUNITY FINANCIAL CORP SECURITY FEDERAL CORP SIMMONS FIRST NATIONAL CORPORATION A SOUTHERN FIRST BANCSHARES INC SOUTHWEST GEORGIA FINANCIAL CORPORATION SHORE BANCSHARES, INC. STATE INVESTORS BANCORP, INC. SI FINANCIAL GROUP INC SVB FINANCIAL GROUP ST JOSEPH BANCORP INC SOLERA NATIONAL BANCORP SUMMIT BANCSHARES, INC. SOUTHERN MISSOURI BANCORP INC SUMMIT FINANCIAL GROUP, INC. SUN BANCORP, INC. SOUND FINANCIAL, INC. SYNOVUS FINANCIAL CORP SOLVAY BANK SOUTHCOAST FINANCIAL CORPORATION SOUTHERN MICHIGAN BANCORP SOMERSET HILLS BANCORP SOUTHERN NATIONAL BANCORP OF VIRGINIA INC SP BANCORP, INC. 1ST SOURCE CORPORATION SURREY BANCORP SUMMIT STATE BANK SOUTHERN CONNECTICUT BANCORP STEWARDSHIP FINANCIAL CORPORATION SUNSHINE FINANCIAL INC S&T BANCORP INC. STEWART ENTERPRISES, INC. STELLARONE CORPORATION SUNTRUST BANKS INC STERLING BANCORP STANDARD FINANCIAL CORP STERLING FINANCIAL CORP STATE STREET CORP SUFFOLK BANCORP SUPERIOR BANCORP SUSQUEHANNA BANCSHARES INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SEVERN BANCORP INC SUNWEST BANK S.Y. BANCORP, INC. SOUTHFIRST BANCSHARES INC TAMALPAIS BANCORP TAYLOR CAPITAL GROUP INC BANCORP, INC. BANK HOLDINGS, INC. T BANCSHARES, INC. TERRITORIAL BANCORP INC TCF FINANCIAL CORPORATION TEXAS CAPITAL BANCSHARES, INC. TRICO BANCSHARES TRI-COUNTY FINANCIAL CORP TIDELAND BANCSHARES, INC. TFS FINANCIAL CORPORATION FIRST FINANCIAL CORPORATION TF FINANCIAL CORPORATION TIB FINANCIAL CORP TICC CAPITAL CORP BDC TOUCHMARK BANCSHARES, INC. TOMPKINS FINANCIAL CORPORATION TENNESSEE COMMERCE BANCORP, INC. TOWER BANCORP, INC. TOWER FINANCIAL CORPORATION TOWNE BANK, INC. TRI CITY BANKSHARES CORPORATION TRUSTMARK CORPORATION TRUSTCO BANK CORP N Y CENTRUE FINANCIAL CORPORATION TIMBERLAND BANCORP, INC. TECHE HOLDING TAYLOR CALVIN B BANKSHARES, INC. UNITED BANCORP OF AL A UNITED BANCORP, INC. UNITED SECURITY BANCSHARES UNITED BANCORP MI UNITED FINANCIAL BANCORP, INC. UNITED BANCSHARES, INC. UNION FIRST MARKET BANKSHARES CORP UNITED BANKSHARES, INC. UNITED COMMUNITY BANCORP UNITED COMMUNITY BANKS, INC. UNITED COMMUNITY FINANCIAL CORPORATION NET 1 UEPS TECHNOLOGIES, INC. UMPQUA HOLDINGS CORPORATION UNION BANKSHARES, INC. UNITY BANCORP INC U.S. BANCORP UNITED SECURITY BANCSHARES INC UNIVEST CORPORATION OF PENNSYLVANIA UNITED WESTERN BANCORP, INC. UWHARRIE CAPITAL CORP VILLAGE BANK AND TRUST FINANCIAL CORP VIRGINIA COMMERCE BANCORP VALLEY COMMERCE BANCORP VERSAILLES FINANCIAL CORPORATION VIST FINANCIAL CORP VALLEY NATIONAL BANCORP VIEWPOINT FINANCIAL GROUP, INC. VSB BANCORP VALLEY FINANCIAL CORP WESTAMERICA BANCORPORATION WESTERN ALLIANCE BANCORPORATION WASHINGTON TRUST BANCORP WAYNE SAVINGS BANCSHARES, INC. WASHINGTON BANKING COMPANY WOLVERINE BANCORP, INC. WACCAMAW BANKSHARES INC WEBSTER FINANCIAL CORP WEST COAST BANCORP WELLS FARGO & CO WESTFIELD FINANCIAL, INC. WESTSTAR FINANCIAL SERVICES CORPORATION WASHINGTON FEDERAL INC. WILSHIRE BANCORP, INC. WESTERN LIBERTY BANCORP WILLIAM PENN BANCORP INC 53 Stocks, Bonds, Bills, and Inflation WEST SUBURBAN BANCORP, INC. WESTERN RESERVE BANCORP, INC. WSB HOLDINGS, INC. WESBANCO, INC. WATERSTONE FINANCIAL, INC. WSFS FINANCIAL CORPORATION WEST BANCORPORATION WINTRUST FINANCIAL CORP WVS FINANCIAL CORP. XENITH BANKSHARES INC YADKIN VALLEY FINANCIAL CORPORATION ZIONS BANCORPORATION SIC CODE 602 AMERIS BANCORP AB&T FINANCIAL CORPORATION ALLIANCE BANKSHARES CORP ACNB CORPORATION AJS BANCORP, INC. ALLIANCE FINANCIAL CORP AMERICAN NATIONAL BANKSHARES, INC. AMERICAN RIVER BANKSHARES ACCESS NATIONAL CORPORATION ANNAPOLIS BANCORP, INC. ARROW FINANCIAL CORPORATION ASB BANCORP INC ASSOCIATED BANC-CORP ATLANTIC SOUTHERN FINANCIAL GROUP, INC. AMERISERV FINANCIAL, INC. ATLANTIC BANCSHARES INC AMES NATIONAL CORP AUBURN NATIONAL BANCORPORATION, INC. BANK OF AMERICA CORPORATION FIRST PACTRUST BANCORP, INC. BANCFIRST CORPORATION BANNER CORP BAY BANKS OF VA BAY NATIONAL CORPORATION BIRMINGHAM BLOOMFIELD BANCSHARES BBCN BANCORP INC BRIDGE CAPITAL HOLDINGS BB&T CORP BANK OF THE CAROLINAS BRIDGE BANCORP, INC. BERKSHIRE BANCORP, INC. BAR HARBOR BANKSHARES BANK OF NEW YORK MELLON BRITTON & KOONTZ CAPITAL CORPORATION OAK RIDGE FINANCIAL SERVICES BANK OF SOUTH CAROLINA CORPORATION BANK OF MARIN BANCORP BRYN MAWR BANK CORP BNC CORP INC BNC BANCORP BANK OF COMMERCE HOLDINGS, INC. BANK OF HAWAII CORPORATION BANK OF THE JAMES FINANCIAL GROUP, INC. BOK FINANCIAL CORP. BOL BANCSHARES, INC. BOTETOURT BANKSHARES, INC. BANK VA CHESTERFIELD BOSTON PRIVATE FINANCIAL HOLDINGS INC SIERRA BANCORP COMMUNITY BANKERS TRUST CORPORATION. BANCTRUST FINANCIAL GROUP INC FIRST BUSEY CORP A BLUE VALLEY BAN CORP BANCORPSOUTH INC. BAYLAKE CORP CITIGROUP INC CAMDEN NATIONAL CORPORATION CASCADE BANCORP CAROLINA TRUST BANK CASS INFORMATION SYSTEMS, INC. CATHAY GENERAL BANCORP COLONY BANKCORP INC COASTAL BANKING COMPANY INC CAPITOL BANCORP LTD CNB FINANCIAL SERVICES, INC. COMMUNITY BANK SHARES OF INDIANA, INC. CAPITAL BANK CORPORATION CAPE BANCORP, INC. COMMERCE BANCSHARES, INC. COMMUNITYSOUTH FINANCIAL CORP COMMUNITY BANK SYSTEM INC. CHINO COMMERCIAL BANCORP COMMUNITY CENTRAL BANK CORPORATION CAPITAL CITY BANK GROUP, INC. CCFNB BANCORP, INC. CNB FINANCIAL CORPORATION CARDINAL BANKSHARES CORPORATION CENTRAL BANCORP, INC. CENTRAL FLORIDA ST BANK C&F FINANCIAL CORPORATION CORNERSTONE FINANCIAL CORPORATION CALIFORNIA FIRST NATIONAL BANCORP CARDINAL FINANCIAL CORP COMMUNITY FIRST BANCORPORATION CROGHAN BANCSHARES, INC. CITY HOLDING COMPANY CHEMICAL FINANCIAL CORPORATION CHEMUNG FINANCIAL CORPORATION CIB MARINE BANCSHARES INC CITIZENS HOLDING COMPANY COLUMBIA COMMERCIAL BCRP CAROLINA BANK HOLDINGS INC COMERICA INC COMMERCEFIRST BANCORP INC COMMERCIAL BANCSHARES, INC. COMMUNITY BANCORP, INC. COMMERCIAL NATIONAL FINANCIAL CORP (PA) CENTER BANCORP, INC. CENTURY BANCORP, INC. A CNB CORPORATION MI CANANDAIGUA NATIONAL CP CONGAREE BANCSHARES INC COBIZ FINANCIAL INC CAPITAL ONE FINANCIAL CORP CHOICEONE FINANCIAL SERVICES INC COLUMBIA BANKING SYSTEM, INC. COMMUNITY PARTNERS BANCORP CENTRAL PACIFIC FINANCIAL CORPORATION CAPITOL CITY BANCSHARES CITIZENS REPUBLIC BANCORP INC CRESCENT FINANCIAL BANCSHARES INC CARROLLTON BANCORP CSB BANCORP, INC. CORNERSTONE BANCSHARES INC (TN) CAPITALSOURCE INC COMMUNITY SHORES BANK CORPORATION CRESCENT BANKING COMPANY CONNECTICUT BANK & TRUST COMPANY COMMUNITY TRUST BANCORP, INC. CORNERSTONE BANCORP (EASLEY, SC) CALIFORNIA UNITED BANK CVB FINANCIAL CORPORATION CENTRAL VIRGINIA BANKSHARES INC. CENTRAL VALLEY COMMUNITY BANCORP COMMUNITY WEST BANCSHARES COMMONWEALTH BANKSHARES, INC. COWLITZ BANCORPORATION CITY NATIONAL CORP CITIZENS BANCSHARES CORPORATION CITIZENS BANCORP OF VIRGINIA, INC. CITIZENS FIRST CORPORATION CITIZENS FINANCIAL SERVICES, INC. CITIZENS AND NORTHERN CORPORATION CITIZENS COMMUNITY BK VA DCB FINANCIAL CORPORATION DEARBORN BANCORP, INC. DIMECO, INC. DELANCO BANCORP, INC. DENMARK BANCSHARES, INC. DNB FINANCIAL CORPORATION ENTERPRISE BANCORP, INC. ENCORE BANCSHARES INC ECB BANCORP INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report ENTERPRISE FINANCIAL SERVICES CORPORATION EAGLE FINANCIAL SERVICES, INC. EAGLE BANCORP INC EMCLAIRE FINANCIAL CORPORATION ENB FINANCIAL CORPORATION ELMIRA SAVINGS BANK FSB (THE) EVANS BANCORP INC EASTERN VIRGINIA BANKSHARES INC EXCHANGE BANK SANTA ROSA FIRST NATIONAL BANK ALASKA FIRST BUSINESS FINANCIAL SERVICES, INC. FIRSTBANK CORP MICHIGAN FIRST BANCSHARES INC FIRST BANCORP FIRST CONNECTICUT BANCORP, INC. FAUQUIER BANKSHARES INC FIRST CALIFORNIA FINANCIAL GROUP, INC. FIRST COMMUNITY BANCSHARES INC BLUEFIELD FIRST CENTURY BANKSHARES FIRST COMMUNITY CORPORATION FIRST COMMONWEALTH FINANCIAL CORP FIRST CITIZENS BANCSHARES INC (DE) A 1ST COLONIAL BANCORP INC 1ST CENTURY BANCSHRS, INC. FIRST CAPITAL BANCORP, INC. FIRST CITIZENS BANC CORP FIDELITY D & D BANCORP FENTURA FINANCIAL, INC. FIRST FINANCIAL BANCORP FIRST FINANCIAL BANKSHARES INC. 1ST FINANCIAL SERVICES CORP FARMERS CAPITAL BANK CORPORATION FIRST FINANCIAL SERVICE CORPORATION FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. FIRST HORIZON NATIONAL CORP FIRST INTERSTATE BANCSYSTEM FIRST INTERNET BANCORP 1ST CAPITAL BANK CA FINANCIAL INSTITUTIONS, INC. FIFTH THIRD BANCORP FIRST CITIZENS BANCSHARES INC (TN) FIRST KEYSTONE CORPORATION FIRST OF LONG ISLAND FLATBUSH FEDERAL BANCORP, INC. FIRST MARINER BANCORP, INC. FIRST MID ILLINOIS BANCSHARES FIRST MIDWEST BANCORP INC F & M BANK CORPORATION FARMERS & MERCHANTS BANCORP FIRSTMERIT CORP FIRST M&F CORP FIRST COMMUNITY FINANCIAL CORP FARMERS NATIONAL BANC CORPORATION F.N.B. CORPORATION FNB BANCORP FNB UNITED CORP FIRST NATIONAL COMMUNITY BANCORP INC FNBH BANCORP INC FIRST BANCORP INC FOUR OAKS FINCORP, INC. FIRST OTTAWA BANCSHARES, INC. FPB BANCORP, INC. FRANKLIN FINANCIAL SERVICES CORPORATION REPUBLIC FIRST BANCORP, INC. FIRST REPUBLIC BANK (SAN FRANCISCO, CA) FIRST MERCHANTS CORP FRANKLIN FINANCIAL CORP FIDELITY BANCORP, INC. FIRST SOUTH BANCORP, INC. FIRST SAVINGS FINANCIAL GROUP INC FIRST SECURITY GROUP, INC. FIRST STATE BANCORPORATION FIRST REL BNCSHRS INC SC FRONTIER FINANCIAL CORPORATION 1ST UNITED BANCORP FULTON FINANCIAL CORP FIRST UNITED CORP 54 Stocks, Bonds, Bills, and Inflation FIRST WEST VIRGINIA BANCORP FIRST NATIONAL CORPORATION GLACIER BANCORP INC GUARANTY BANCORP GEORGIA CAROLINA BANCSHARES INC GUARANTY FEDERAL BANCSHARES INC GREAT FLORIDA BANK GLEN BURNIE BANCORP GRAND RIVER COMMERCE INC. GREER BANCSHARES INC GREEN BANKSHARES, INC. GREAT SOUTHERN BANCORP, INC. HABERSHAM BANCORP HANMI FINANCIAL CORPORATION HARLEYSVILLE SAVINGS FINANCIAL CORPORATION HUNTINGTON BANCSHARES INC HANCOCK HOLDING COMPANY HILLS BANCORP HIGHLANDS BANKSHARES, INC. HERITAGE BANKSHARES, INC. HORIZON BANCORP INDUSTRIES HERITAGE FINANCIAL GROUP, INC. HIGHLANDS BANKSHARES, INC. HAWAIIAN ELECTRIC INDUSTRIES INC HERITAGE OAKS BANCORP HINGHAM INSTITUTION SAVINGS HEARTLAND BANCORP HAMPTON ROADS BANKSHARES INC HOMETOWN BANKSHARES CORP HERALD NATIONAL BANK HOME BANCSHARES, INC. HIGHLANDS BANCORP, INC. HERITAGE COMMERCE CORP HEARTLAND FINANCIAL USA INC HUDSON VALLEY HOLDING CORP HAWTHORN BANCSHARES, INC. HORIZON BANCORPORATION IBERIABANK CORP INTERNATIONAL BANCSHARES CORPORATION ICB FINANCIAL CA INDEPENDENCE BANCSHARES, INC. INDEPENDENT BANK CORP ISABELLA BANK CORP JACKSONVILLE BANCORP INC (FL) JEFFERSONVILLE BANCORP NY JPMORGAN CHASE & CO JUNIATA VALLEY FINANCIAL CORPORATION KEYCORP KILLBUCK BANCSHARES KENTUCKY BANCSHARES, INC. LANDMARK BANCORP, INC. LAKELAND BANCORP, INC. LCNB CORPORATION FIDELITY SOUTHERN CORP LAKELAND FINANCIAL CORPORATION LNB BANCORP MIDDLEFIELD BANC CORPORATION MERCANTILE BANCORP, INC. MIDDLEBURG FINANCIAL CORP. MBT FINANCIAL CORPORATION MERCHANTS BANCSHARES INC. MERCANTILE BANK CORPORATION MACATAWA BANK CORPORATION MONARCH COMMUNITY BANCORP INC METROCORP BANCSHARES, INC. METRO BANCORP, INC. M & F BANCORP, INC. MAYFLOWER CO-OP BANK MACKINAC FINANCIAL CORPORATION MUTUALFIRST FINANCIAL INC MAGYAR BANCORP, INC. MISSION COMMUNITY BANK MCINTOSH BANCSHARES, INC. MOUNTAIN NATIONAL BANCSHARES, INC. MANHATTAN BANCORP MONARCH FINANCIAL HOLDINGS, INC. MAINSTREET BANK MIDWESTONE FINANCIAL GROUP MID PENN BANCORP INC MAINSTREET BANKSHARES MAINSOURCE FINANCIAL GROUP, INC. MIDSOUTH BANCORP M&T BANK CORP MISSION VALLEY BANCORP MID-WISCONSIN FINANCIAL SERVICES, INC. NEWBRIDGE BANCORP NORTHWEST BANCORPORATION, INC. NORTHEAST BANCORP NATIONAL BANCSHARES CORPORATION NBT BANCORP INC NB&T FINANCIAL GROUP, INC. NEW CENTURY BANCORP, INC. NORCAL COMMUNITY BANCORP NEFFS BANCORP, INC. NORTHFIELD BANCORP, INC. NATIONAL BANKSHARES, INC. NORTH VALLEY BANCORP NATIONAL PENN BANCSHARES NORTHERN CALIFORNIA BANCORP INC NORTH STATE BANCORP NORTHERN STATES FINANCIAL CORP NORTHERN TRUST CORPORATION NORWOOD FINANCIAL CORPORATION NEW PEOPLES BANKSHARES INC NORTHWAY FINANCIAL, INC. SOUTHWEST BANCORP INC OLD LINE BANCSHARES, INC. OHIO LEGACY CORPORATION OLD NATIONAL BANCORP OPTIMUMBANK HOLDINGS, INC. ORITANI FINANCIAL CORP ORRSTOWN FINANCIAL SERVICES INC OLD SECOND BANCORP INC. OTTAWA SAVINGS BANCORP INCORPORATED OAK VALLEY BANCORP BANK OF THE OZARKS, INC. PAB BANKSHARES, INC. PACWEST BANCORP PROSPERITY BANCSHARES, INC. PEOPLES BANCORPORATION INC PACIFIC CAPITAL BANCORP PACIFIC CONTINENTAL CORP PRESIDIO BANK PEOPLES BANCORP INC PEOPLES BANCORP OF NC PEOPLES BANCORP INC (MARIETTA, OH) PREFERRED BANK PREMIER FINANCIAL BANCORP, INC. PEOPLES FINANCIAL CORPORATION PACIFIC CITY FINANCIAL CORP PEOPLES FINANCIAL SERVICES CORPORATION PACIFIC FINANCIAL CORP PENSECO FINANCIAL SERVICES CORP PEAPACK GLADSTONE FINANCIAL CORPORATION PARKE BANCORP INC PACIFIC MERCANTILE BANCORP PRINCETON NATIONAL BANCORP INC. PIONEER BANKSHARES, INC. PATRIOT NATIONAL BANCORP PNC FINANCIAL SERVICES GROUP INC PINNACLE FINANCIAL PARTNERS, INC. PACIFIC PREMIER BANCORP, INC. PINNACLE BANKSHARES CORPORATION PARK NATIONAL CORPORATION PREMIERWEST BANCORP PACIFIC STATE BANCORP PSB GROUP, INC. PSB HOLDINGS INC (WAUSAU, WI) PARK STERLING CORP POTOMAC BANCSHARES INC PRIVATEBANCORP INC PENNS WOODS BANCORP, INC. QCR HOLDINGS INC QNB CORPORATION REPUBLIC BANCORP, INC. A ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report ROEBLING FINANCIAL CORPORATION, INC. RURBAN FINANCIAL CORP ROYAL BANCSHARES OF PENNSYLVANIA A REGIONS FINANCIAL CORPORATION RIVERVIEW FINANCIAL CORP. RELIANCE BANCSHARES, INC. RENASANT CORPORATION SAEHAN BANCORP SANDY SPRING BANCORP, INC. SAVANNAH BANCORP INC SUSSEX BANCORP SEACOAST BANKING CORPORATION A SOUTHEASTERN BANK FINANCIAL CORP SONOMA VALLEY BANCORP SIGNATURE BANK SOUTHSIDE BANCSHARES INC SBT BANCORP, INC. SECURITY BANK OF CA SCBT FINANCIAL CORPORATION SOUTHERN COMMUNITY FINANCIAL CORP SIMMONS FIRST NATIONAL CORPORATION A SOUTHERN FIRST BANCSHARES INC SOUTHWEST GEORGIA FINANCIAL CORPORATION SHORE BANCSHARES, INC. SVB FINANCIAL GROUP SOLERA NATIONAL BANCORP SUMMIT BANCSHARES, INC. SUMMIT FINANCIAL GROUP, INC. SUN BANCORP, INC. SYNOVUS FINANCIAL CORP SOUTHCOAST FINANCIAL CORPORATION SOUTHERN MICHIGAN BANCORP SOMERSET HILLS BANCORP SOUTHERN NATIONAL BANCORP OF VIRGINIA INC 1ST SOURCE CORPORATION SURREY BANCORP SUMMIT STATE BANK SOUTHERN CONNECTICUT BANCORP STEWARDSHIP FINANCIAL CORPORATION S&T BANCORP INC. STELLARONE CORPORATION SUNTRUST BANKS INC STERLING BANCORP STANDARD FINANCIAL CORP STATE STREET CORP SUFFOLK BANCORP SUPERIOR BANCORP SUSQUEHANNA BANCSHARES INC SEVERN BANCORP INC SUNWEST BANK S.Y. BANCORP, INC. TAMALPAIS BANCORP TAYLOR CAPITAL GROUP INC BANCORP, INC. BANK HOLDINGS, INC. T BANCSHARES, INC. TCF FINANCIAL CORPORATION TEXAS CAPITAL BANCSHARES, INC. TRICO BANCSHARES TRI-COUNTY FINANCIAL CORP TIDELAND BANCSHARES, INC. FIRST FINANCIAL CORPORATION TIB FINANCIAL CORP TOUCHMARK BANCSHARES, INC. TOMPKINS FINANCIAL CORPORATION TENNESSEE COMMERCE BANCORP, INC. TOWER BANCORP, INC. TOWER FINANCIAL CORPORATION TOWNE BANK, INC. TRI CITY BANKSHARES CORPORATION TRUSTMARK CORPORATION TRUSTCO BANK CORP N Y CENTRUE FINANCIAL CORPORATION TAYLOR CALVIN B BANKSHARES, INC. UNITED BANCORP OF AL A UNITED BANCORP, INC. UNITED SECURITY BANCSHARES UNITED BANCORP MI 55 Stocks, Bonds, Bills, and Inflation UNITED BANCSHARES, INC. UNION FIRST MARKET BANKSHARES CORP UNITED BANKSHARES, INC. UNITED COMMUNITY BANKS, INC. UNION BANKSHARES, INC. UNITY BANCORP INC U.S. BANCORP UNITED SECURITY BANCSHARES INC UNIVEST CORPORATION OF PENNSYLVANIA UNITED WESTERN BANCORP, INC. UWHARRIE CAPITAL CORP VILLAGE BANK AND TRUST FINANCIAL CORP VIRGINIA COMMERCE BANCORP VALLEY COMMERCE BANCORP VIST FINANCIAL CORP VALLEY NATIONAL BANCORP VIEWPOINT FINANCIAL GROUP, INC. VSB BANCORP WESTAMERICA BANCORPORATION WESTERN ALLIANCE BANCORPORATION WASHINGTON TRUST BANCORP WASHINGTON BANKING COMPANY WACCAMAW BANKSHARES INC WEBSTER FINANCIAL CORP WEST COAST BANCORP WELLS FARGO & CO WILSHIRE BANCORP, INC. WESTERN LIBERTY BANCORP WEST SUBURBAN BANCORP, INC. WESTERN RESERVE BANCORP, INC. WESBANCO, INC. WSFS FINANCIAL CORPORATION WEST BANCORPORATION WINTRUST FINANCIAL CORP XENITH BANKSHARES INC YADKIN VALLEY FINANCIAL CORPORATION ZIONS BANCORPORATION SIC CODE 6021 ALLIANCE BANKSHARES CORP AJS BANCORP, INC. ALLIANCE FINANCIAL CORP AMERICAN NATIONAL BANKSHARES, INC. ACCESS NATIONAL CORPORATION ANNAPOLIS BANCORP, INC. ARROW FINANCIAL CORPORATION AMERISERV FINANCIAL, INC. AMES NATIONAL CORP BANK OF AMERICA CORPORATION FIRST PACTRUST BANCORP, INC. BANCFIRST CORPORATION BAY NATIONAL CORPORATION BBCN BANCORP INC BRIDGE CAPITAL HOLDINGS BB&T CORP BANK OF THE CAROLINAS BRIDGE BANCORP, INC. BRITTON & KOONTZ CAPITAL CORPORATION OAK RIDGE FINANCIAL SERVICES BNC CORP INC BNC BANCORP BOK FINANCIAL CORP. BOTETOURT BANKSHARES, INC. BANCTRUST FINANCIAL GROUP INC CITIGROUP INC CAMDEN NATIONAL CORPORATION COASTAL BANKING COMPANY INC CAPITOL BANCORP LTD COMMUNITYSOUTH FINANCIAL CORP COMMUNITY BANK SYSTEM INC. CHINO COMMERCIAL BANCORP CALIFORNIA FIRST NATIONAL BANCORP CARDINAL FINANCIAL CORP CITY HOLDING COMPANY COMERICA INC COMMERCEFIRST BANCORP INC COMMUNITY BANCORP, INC. CNB CORPORATION MI CANANDAIGUA NATIONAL CP COBIZ FINANCIAL INC CITIZENS REPUBLIC BANCORP INC CORNERSTONE BANCSHARES INC (TN) CORNERSTONE BANCORP (EASLEY, SC) COMMONWEALTH BANKSHARES, INC. CITY NATIONAL CORP CITIZENS FIRST CORPORATION DNB FINANCIAL CORPORATION ENCORE BANCSHARES INC EMCLAIRE FINANCIAL CORPORATION ENB FINANCIAL CORPORATION EVANS BANCORP INC FIRST BANCSHARES INC FIRST COMMUNITY CORPORATION FIRST COMMONWEALTH FINANCIAL CORP FIDELITY D & D BANCORP FIRST FINANCIAL BANCORP FARMERS CAPITAL BANK CORPORATION FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. FIRST HORIZON NATIONAL CORP FIRST INTERNET BANCORP FINANCIAL INSTITUTIONS, INC. FIRST OF LONG ISLAND FLATBUSH FEDERAL BANCORP, INC. FIRST MIDWEST BANCORP INC FARMERS & MERCHANTS BANCORP FIRSTMERIT CORP FIRST COMMUNITY FINANCIAL CORP F.N.B. CORPORATION FNB UNITED CORP FIRST NATIONAL COMMUNITY BANCORP INC FNBH BANCORP INC FIRST BANCORP INC FPB BANCORP, INC. FIRST MERCHANTS CORP FIRST SAVINGS FINANCIAL GROUP INC FIRST SECURITY GROUP, INC. FIRST REL BNCSHRS INC SC FULTON FINANCIAL CORP FIRST UNITED CORP GREER BANCSHARES INC GREEN BANKSHARES, INC. HANMI FINANCIAL CORPORATION HARLEYSVILLE SAVINGS FINANCIAL CORPORATION HUNTINGTON BANCSHARES INC HORIZON BANCORP INDUSTRIES HERITAGE FINANCIAL GROUP, INC. HAMPTON ROADS BANKSHARES INC HAWTHORN BANCSHARES, INC. HORIZON BANCORPORATION ICB FINANCIAL CA INDEPENDENCE BANCSHARES, INC. JEFFERSONVILLE BANCORP NY JPMORGAN CHASE & CO KEYCORP KILLBUCK BANCSHARES LANDMARK BANCORP, INC. LCNB CORPORATION MERCANTILE BANCORP, INC. MIDDLEBURG FINANCIAL CORP. MBT FINANCIAL CORPORATION MONARCH COMMUNITY BANCORP INC MISSION COMMUNITY BANK MOUNTAIN NATIONAL BANCSHARES, INC. MANHATTAN BANCORP MAINSTREET BANKSHARES MIDSOUTH BANCORP NORTHWEST BANCORPORATION, INC. NATIONAL BANCSHARES CORPORATION NBT BANCORP INC NORCAL COMMUNITY BANCORP NEFFS BANCORP, INC. NATIONAL BANKSHARES, INC. NATIONAL PENN BANCSHARES NORTHWAY FINANCIAL, INC. SOUTHWEST BANCORP INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report OHIO LEGACY CORPORATION OLD NATIONAL BANCORP OPTIMUMBANK HOLDINGS, INC. PACWEST BANCORP PEOPLES BANCORPORATION INC PACIFIC CONTINENTAL CORP PEOPLES BANCORP INC PEOPLES BANCORP INC (MARIETTA, OH) PACIFIC CITY FINANCIAL CORP PEOPLES FINANCIAL SERVICES CORPORATION PARKE BANCORP INC PACIFIC MERCANTILE BANCORP PRINCETON NATIONAL BANCORP INC. PIONEER BANKSHARES, INC. PATRIOT NATIONAL BANCORP PNC FINANCIAL SERVICES GROUP INC PINNACLE FINANCIAL PARTNERS, INC. PINNACLE BANKSHARES CORPORATION PARK NATIONAL CORPORATION PREMIERWEST BANCORP PSB GROUP, INC. PARK STERLING CORP PRIVATEBANCORP INC ROEBLING FINANCIAL CORPORATION, INC. REGIONS FINANCIAL CORPORATION RIVERVIEW FINANCIAL CORP. SANDY SPRING BANCORP, INC. SAVANNAH BANCORP INC SONOMA VALLEY BANCORP SBT BANCORP, INC. SIMMONS FIRST NATIONAL CORPORATION A SOUTHERN FIRST BANCSHARES INC SHORE BANCSHARES, INC. SUMMIT FINANCIAL GROUP, INC. SYNOVUS FINANCIAL CORP SOMERSET HILLS BANCORP SOUTHERN CONNECTICUT BANCORP SUNTRUST BANKS INC STERLING BANCORP SUFFOLK BANCORP SUSQUEHANNA BANCSHARES INC SEVERN BANCORP INC T BANCSHARES, INC. TCF FINANCIAL CORPORATION TIDELAND BANCSHARES, INC. TOWNE BANK, INC. TRUSTMARK CORPORATION CENTRUE FINANCIAL CORPORATION UNITED SECURITY BANCSHARES UNITED BANCSHARES, INC. U.S. BANCORP VALLEY NATIONAL BANCORP VIEWPOINT FINANCIAL GROUP, INC. WESTAMERICA BANCORPORATION WEBSTER FINANCIAL CORP WELLS FARGO & CO WESTERN LIBERTY BANCORP WESBANCO, INC. WSFS FINANCIAL CORPORATION ZIONS BANCORPORATION SIC CODE 6022 AMERIS BANCORP AB&T FINANCIAL CORPORATION ACNB CORPORATION AMERICAN RIVER BANKSHARES ASSOCIATED BANC-CORP ATLANTIC SOUTHERN FINANCIAL GROUP, INC. ATLANTIC BANCSHARES INC AUBURN NATIONAL BANCORPORATION, INC. BANNER CORP BAY BANKS OF VA BIRMINGHAM BLOOMFIELD BANCSHARES BERKSHIRE BANCORP, INC. BAR HARBOR BANKSHARES BANK OF NEW YORK MELLON BANK OF SOUTH CAROLINA CORPORATION BANK OF MARIN BANCORP BRYN MAWR BANK CORP 56 Stocks, Bonds, Bills, and Inflation BANK OF COMMERCE HOLDINGS, INC. BANK OF HAWAII CORPORATION BANK OF THE JAMES FINANCIAL GROUP, INC. BANK VA CHESTERFIELD BOSTON PRIVATE FINANCIAL HOLDINGS INC SIERRA BANCORP COMMUNITY BANKERS TRUST CORPORATION. FIRST BUSEY CORP A BLUE VALLEY BAN CORP BANCORPSOUTH INC. BAYLAKE CORP CASCADE BANCORP CAROLINA TRUST BANK CASS INFORMATION SYSTEMS, INC. CATHAY GENERAL BANCORP COLONY BANKCORP INC CNB FINANCIAL SERVICES, INC. COMMUNITY BANK SHARES OF INDIANA, INC. CAPITAL BANK CORPORATION CAPE BANCORP, INC. COMMERCE BANCSHARES, INC. COMMUNITY CENTRAL BANK CORPORATION CAPITAL CITY BANK GROUP, INC. CCFNB BANCORP, INC. CNB FINANCIAL CORPORATION CARDINAL BANKSHARES CORPORATION CENTRAL BANCORP, INC. CENTRAL FLORIDA ST BANK C&F FINANCIAL CORPORATION CORNERSTONE FINANCIAL CORPORATION COMMUNITY FIRST BANCORPORATION CROGHAN BANCSHARES, INC. CHEMICAL FINANCIAL CORPORATION CHEMUNG FINANCIAL CORPORATION CIB MARINE BANCSHARES INC CITIZENS HOLDING COMPANY COLUMBIA COMMERCIAL BCRP CAROLINA BANK HOLDINGS INC COMMERCIAL BANCSHARES, INC. COMMERCIAL NATIONAL FINANCIAL CORP (PA) CENTER BANCORP, INC. CENTURY BANCORP, INC. A CAPITAL ONE FINANCIAL CORP CHOICEONE FINANCIAL SERVICES INC COLUMBIA BANKING SYSTEM, INC. COMMUNITY PARTNERS BANCORP CENTRAL PACIFIC FINANCIAL CORPORATION CAPITOL CITY BANCSHARES CRESCENT FINANCIAL BANCSHARES INC CARROLLTON BANCORP CSB BANCORP, INC. COMMUNITY SHORES BANK CORPORATION CRESCENT BANKING COMPANY CONNECTICUT BANK & TRUST COMPANY COMMUNITY TRUST BANCORP, INC. CALIFORNIA UNITED BANK CVB FINANCIAL CORPORATION CENTRAL VIRGINIA BANKSHARES INC. CENTRAL VALLEY COMMUNITY BANCORP COMMUNITY WEST BANCSHARES COWLITZ BANCORPORATION CITIZENS BANCSHARES CORPORATION CITIZENS BANCORP OF VIRGINIA, INC. CITIZENS FINANCIAL SERVICES, INC. CITIZENS AND NORTHERN CORPORATION CITIZENS COMMUNITY BK VA DCB FINANCIAL CORPORATION DEARBORN BANCORP, INC. DIMECO, INC. DELANCO BANCORP, INC. DENMARK BANCSHARES, INC. ENTERPRISE BANCORP, INC. ECB BANCORP INC ENTERPRISE FINANCIAL SERVICES CORPORATION EAGLE FINANCIAL SERVICES, INC. EAGLE BANCORP INC ELMIRA SAVINGS BANK FSB (THE) EASTERN VIRGINIA BANKSHARES INC EXCHANGE BANK SANTA ROSA FIRST NATIONAL BANK ALASKA FIRST BUSINESS FINANCIAL SERVICES, INC. FIRSTBANK CORP MICHIGAN FIRST BANCORP FAUQUIER BANKSHARES INC FIRST CALIFORNIA FINANCIAL GROUP, INC. FIRST COMMUNITY BANCSHARES INC BLUEFIELD FIRST CENTURY BANKSHARES FIRST CITIZENS BANCSHARES INC (DE) A 1ST COLONIAL BANCORP INC 1ST CENTURY BANCSHRS, INC. FIRST CAPITAL BANCORP, INC. FIRST CITIZENS BANC CORP FENTURA FINANCIAL, INC. FIRST FINANCIAL BANKSHARES INC. 1ST FINANCIAL SERVICES CORP FIRST FINANCIAL SERVICE CORPORATION FIRST INTERSTATE BANCSYSTEM 1ST CAPITAL BANK CA FIFTH THIRD BANCORP FIRST KEYSTONE CORPORATION FIRST MARINER BANCORP, INC. FIRST MID ILLINOIS BANCSHARES F & M BANK CORPORATION FIRST M&F CORP FARMERS NATIONAL BANC CORPORATION FNB BANCORP FOUR OAKS FINCORP, INC. FIRST OTTAWA BANCSHARES, INC. FRANKLIN FINANCIAL SERVICES CORPORATION REPUBLIC FIRST BANCORP, INC. FRANKLIN FINANCIAL CORP FIDELITY BANCORP, INC. FIRST SOUTH BANCORP, INC. FIRST STATE BANCORPORATION FRONTIER FINANCIAL CORPORATION 1ST UNITED BANCORP FIRST WEST VIRGINIA BANCORP FIRST NATIONAL CORPORATION GLACIER BANCORP INC GUARANTY BANCORP GEORGIA CAROLINA BANCSHARES INC GUARANTY FEDERAL BANCSHARES INC GREAT FLORIDA BANK GLEN BURNIE BANCORP GRAND RIVER COMMERCE INC. GREAT SOUTHERN BANCORP, INC. HABERSHAM BANCORP HANCOCK HOLDING COMPANY HILLS BANCORP HIGHLANDS BANKSHARES, INC. HERITAGE BANKSHARES, INC. HIGHLANDS BANKSHARES, INC. HAWAIIAN ELECTRIC INDUSTRIES INC HERITAGE OAKS BANCORP HINGHAM INSTITUTION SAVINGS HEARTLAND BANCORP HOMETOWN BANKSHARES CORP HERALD NATIONAL BANK HOME BANCSHARES, INC. HIGHLANDS BANCORP, INC. HERITAGE COMMERCE CORP HEARTLAND FINANCIAL USA INC HUDSON VALLEY HOLDING CORP IBERIABANK CORP INTERNATIONAL BANCSHARES CORPORATION INDEPENDENT BANK CORP ISABELLA BANK CORP JACKSONVILLE BANCORP INC (FL) JUNIATA VALLEY FINANCIAL CORPORATION KENTUCKY BANCSHARES, INC. LAKELAND BANCORP, INC. FIDELITY SOUTHERN CORP LAKELAND FINANCIAL CORPORATION LNB BANCORP MIDDLEFIELD BANC CORPORATION MERCHANTS BANCSHARES INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report MERCANTILE BANK CORPORATION MACATAWA BANK CORPORATION METROCORP BANCSHARES, INC. METRO BANCORP, INC. M & F BANCORP, INC. MAYFLOWER CO-OP BANK MACKINAC FINANCIAL CORPORATION MUTUALFIRST FINANCIAL INC MAGYAR BANCORP, INC. MCINTOSH BANCSHARES, INC. MONARCH FINANCIAL HOLDINGS, INC. MAINSTREET BANK MIDWESTONE FINANCIAL GROUP MID PENN BANCORP INC MAINSOURCE FINANCIAL GROUP, INC. M&T BANK CORP MISSION VALLEY BANCORP MID-WISCONSIN FINANCIAL SERVICES, INC. NEWBRIDGE BANCORP NORTHEAST BANCORP NEW CENTURY BANCORP, INC. NORTHFIELD BANCORP, INC. NORTH VALLEY BANCORP NORTHERN CALIFORNIA BANCORP INC NORTH STATE BANCORP NORTHERN STATES FINANCIAL CORP NORTHERN TRUST CORPORATION NORWOOD FINANCIAL CORPORATION NEW PEOPLES BANKSHARES INC OLD LINE BANCSHARES, INC. ORITANI FINANCIAL CORP ORRSTOWN FINANCIAL SERVICES INC OLD SECOND BANCORP INC. OTTAWA SAVINGS BANCORP INCORPORATED OAK VALLEY BANCORP BANK OF THE OZARKS, INC. PAB BANKSHARES, INC. PROSPERITY BANCSHARES, INC. PACIFIC CAPITAL BANCORP PRESIDIO BANK PEOPLES BANCORP OF NC PREFERRED BANK PREMIER FINANCIAL BANCORP, INC. PEOPLES FINANCIAL CORPORATION PACIFIC FINANCIAL CORP PENSECO FINANCIAL SERVICES CORP PACIFIC PREMIER BANCORP, INC. PSB HOLDINGS INC (WAUSAU, WI) POTOMAC BANCSHARES INC PENNS WOODS BANCORP, INC. QCR HOLDINGS INC QNB CORPORATION REPUBLIC BANCORP, INC. A RURBAN FINANCIAL CORP ROYAL BANCSHARES OF PENNSYLVANIA A RENASANT CORPORATION SAEHAN BANCORP SUSSEX BANCORP SEACOAST BANKING CORPORATION A SOUTHEASTERN BANK FINANCIAL CORP SIGNATURE BANK SOUTHSIDE BANCSHARES INC SECURITY BANK OF CA SCBT FINANCIAL CORPORATION SOUTHERN COMMUNITY FINANCIAL CORP SOUTHWEST GEORGIA FINANCIAL CORPORATION SVB FINANCIAL GROUP SOLERA NATIONAL BANCORP SUMMIT BANCSHARES, INC. SOUTHCOAST FINANCIAL CORPORATION SOUTHERN MICHIGAN BANCORP SOUTHERN NATIONAL BANCORP OF VIRGINIA INC 1ST SOURCE CORPORATION SURREY BANCORP SUMMIT STATE BANK STEWARDSHIP FINANCIAL CORPORATION S&T BANCORP INC. STELLARONE CORPORATION 57 Stocks, Bonds, Bills, and Inflation STATE STREET CORP SUPERIOR BANCORP SUNWEST BANK S.Y. BANCORP, INC. TAMALPAIS BANCORP TAYLOR CAPITAL GROUP INC BANCORP, INC. BANK HOLDINGS, INC. TEXAS CAPITAL BANCSHARES, INC. TRICO BANCSHARES TRI-COUNTY FINANCIAL CORP FIRST FINANCIAL CORPORATION TIB FINANCIAL CORP TOMPKINS FINANCIAL CORPORATION TENNESSEE COMMERCE BANCORP, INC. TOWER BANCORP, INC. TOWER FINANCIAL CORPORATION TRI CITY BANKSHARES CORPORATION TRUSTCO BANK CORP N Y TAYLOR CALVIN B BANKSHARES, INC. UNITED BANCORP OF AL A UNITED BANCORP, INC. UNITED BANCORP MI UNION FIRST MARKET BANKSHARES CORP UNITED BANKSHARES, INC. UNITED COMMUNITY BANKS, INC. UNION BANKSHARES, INC. UNITY BANCORP INC UNITED SECURITY BANCSHARES INC UNIVEST CORPORATION OF PENNSYLVANIA UNITED WESTERN BANCORP, INC. UWHARRIE CAPITAL CORP VILLAGE BANK AND TRUST FINANCIAL CORP VIRGINIA COMMERCE BANCORP VALLEY COMMERCE BANCORP VIST FINANCIAL CORP VSB BANCORP WESTERN ALLIANCE BANCORPORATION WASHINGTON TRUST BANCORP WASHINGTON BANKING COMPANY WACCAMAW BANKSHARES INC WEBSTER FINANCIAL CORP WEST COAST BANCORP WILSHIRE BANCORP, INC. WEST SUBURBAN BANCORP, INC. WESTERN RESERVE BANCORP, INC. WEST BANCORPORATION WINTRUST FINANCIAL CORP XENITH BANKSHARES INC YADKIN VALLEY FINANCIAL CORPORATION SIC CODE 6029 ASB BANCORP INC BOL BANCSHARES, INC. CONGAREE BANCSHARES INC CAPITALSOURCE INC FIRST CONNECTICUT BANCORP, INC. FIRST CITIZENS BANCSHARES INC (TN) FIRST REPUBLIC BANK (SAN FRANCISCO, CA) NB&T FINANCIAL GROUP, INC. PEAPACK GLADSTONE FINANCIAL CORPORATION PACIFIC STATE BANCORP RELIANCE BANCSHARES, INC. SUN BANCORP, INC. STANDARD FINANCIAL CORP TOUCHMARK BANCSHARES, INC. SIC CODE 603 AUBURN BANCORP, INC. ANCHOR BANCORP WISCONSIN INC ATLANTIC COAST FINANCIAL CORP ASTORIA FINANCIAL CORPORATION ATHENS BANCSHARES CORPORATION ALASKA PACIFIC BANCSHARES ALLIANCE BANCORP INC OF PENNSYLVANIA ANCHOR BANCORP ACCESS NATIONAL CORPORATION AMERIANA BANCORP BANKATLANTIC BANCORP A BCB BANCORP, INC. BCSB BANKCORP, INC. BFC FINANCIAL CORPORATION B BEACON FEDERAL BANCORP, INC. BANKFINANCIAL CORPORATION BROOKLYN FEDERAL BANCORP, INC. BERKSHIRE HILLS BANCORP, INC. BANCORP OF NEW JERSEY, INC. BANK MUTUAL CORPORATION BANKUNITED, INC. BANK OF KENTUCKY FINANCIAL BENEFICIAL MUTUAL BANCORP INC BOFI HOLDING INC BROOKLINE BANCORP, INC. BROADWAY FINANCIAL CORP CAMCO FINANCIAL CORP CARVER BANCORP, INC. META FINANCIAL GROUP, INC. CONSUMERS BANCORP, INC. CHICOPEE BANCORP, INC. CECIL BANCORP, INC. CENTRAL FEDERAL CORP COMMUNITY FINANCIAL CORP CAPITOL FEDERAL FINANCIAL, INC. COMMUNITY FINANCIAL SHS CHARTER FINANCIAL CORP CFS BANCORP, INC. CKF BANCORP, INC. CORTLAND BANCORP CMS BANCORP, INC. CITIZENS SOUTH BANKING CORPORATION CLIFTON SAVINGS BANCORP, INC. CENTURY NEXT FINANCIAL CORP CULLMAN BANCORP INC. COMMUNITY VALLEY BANCORP CODORUS VALLEY BANCORP, INC. CITIZENS COMMUNITY BANCORP, INC. DIME COMMUNITY BANCSHARES, INC. EAGLE BANCORP MONTANA, INC. MERIDIAN INTERSTATE BANCORP, INC. EUREKA FINANCIAL CORP. ESB FINANCIAL CORPORATION ES BANCSHARES INC ESSA BANCORP INC E*TRADE FINANCIAL CORP FIRST ADVANTAGE BANCORP FLAGSTAR BANCORP, INC. FIRST BANCSHARES, INC /MO/ FIRST CAPITAL, INC. FREDERICK COUNTY BANCORP, INC. 1ST CONSTITUTION BANCORP FIRST COMMUNITY BANK CORP OF AMERICA FIRST CLOVER LEAF FINANCIAL CORPORATION FIRST DEFIANCE FINANCIAL CORPORATION FIRST FEDERAL BANCSHARES OF ARKANSAS INC FIRST FINANCIAL HOLDINGS INC FEDFIRST FINANCIAL CORPORATION FFD FINANCIAL CORPORATION NORTH CENTRAL BANCSHARES, INC. FLUSHING FINANCIAL CORP FIRST FINANCIAL NORTHWEST, INC. FIRST INDEPENDENCE CORPORATION FISERV, INC. FARMERS & MERCHANTS BANCORP, INC. FIRST NIAGARA FINANCIAL GROUP INC FIRST NORTHERN COMMUNITY BANK OF DIXON FIRST PLACE FINANCIAL CORPORATION FIRST ROBINSON FINANCIAL CORPORATION FSB COMMUNITY BANKSHARES, INC. FOX CHASE BANCORP, INC. GREENE COUNTY BANCORP, INC. GRAYSON BANKSHARES, INC. GEORGETOWN BANCORP, INC. HARVARD ILLINOIS BANCORP INC. HOME BANCORP, INC. HAMPDEN BANCORP, INC. HUDSON CITY BANCORP, INC. HCSB FINANCIAL CORPORATION HOPFED BANCORP, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report HOME FEDERAL BANCORP INC OF LOUISIANA HF FINANCIAL CORP. HERITAGE FINANCIAL CORPORATION HIBERNIA BANCORP INC HMN FINANCIAL HOME FEDERAL BANCORP, INC. HOMETOWN BANCORP, INC. INDEPENDENCE FEDERAL SAVINGS BANK INTERMOUNTAIN COMMUNITY BANCORP INDIANA COMMUNITY BANCORP INVESTORS BANCORP INC JEFFERSON BANCSHARES, INC. JACKSONVILLE BANCORP, INC. KENTUCKY FIRST FEDERAL BANCORP KAISER FEDERAL FINANCIAL GROUP, INC. KEARNY FINANCIAL CORPORATION LOUISIANA BANCORP INCORPORATED LOGANSPORT FINANCIAL CORPORATION LAPORTE BANCORP INC LSB FINANCIAL CORPORATION LAKE SHORE BANCORP, INC. MB FINANCIAL CORPORATION MADISON BANCORP INC MD MALVERN FEDERAL BANCORP, INC. MSB FINANCIAL CORPORATION MVB FINANCIAL CORP NASB FINANCIAL, INC. NEW ENGLAND BANCSHARES, INC. NORTHEAST COMMUNITY BANCORP, INC. NEWPORT BANCORP, INC. NEW HAMPSHIRE THRIFT BANCSHARES, INC. NORTHRIM BANCORP, INC. NAUGATUCK VALLEY FINANCIAL CORPORATION NORTHWEST BANCSHARES INC MD NORTHWEST INDIANA BANCORP NEW YORK COMMUNITY BANCORP, INC. OBA FINANCIAL SERVICES, INC. OCEANFIRST FINANCIAL CORPORATION OCONEE FEDERAL FINANCIAL CORP ONEIDA FINANCIAL CORPORATION OCEAN SHORE HOLDING COMPANY PATAPSCO BANCORP, INC. POLONIA BANCORP, INC. PEOPLE'S UNITED FINANCIAL, INC. PATHFINDER BANCORP, INC. PRUDENTIAL BANCORP INC. OF PENNSYLVANIA PROVIDENT NEW YORK BANCORP PROVIDENT COMMUNITY BANCSHARES, INC. PEOPLES FEDERAL BANCSHARES, INC. PARK BANCORP, INC. PROVIDENT FINANCIAL SERVICES, INC. PROVIDENT FINANCIAL HOLDINGS PSB HOLDINGS, INC. PULASKI FINANCIAL CORPORATION PVF CAPITAL CORP. QUAINT OAK BANCORP, INC. ROCKVILLE FINANCIAL, INC. RIVER VALLEY BANCORP ROMA FINANCIAL CORPORATION RIVERVIEW BANCORP, INC. SALISBURY BANCORP, INC. SECURITY FEDERAL CORP STATE INVESTORS BANCORP, INC. SI FINANCIAL GROUP INC ST JOSEPH BANCORP INC SOUTHERN MISSOURI BANCORP INC SOUND FINANCIAL, INC. SOLVAY BANK SP BANCORP, INC. SUNSHINE FINANCIAL INC STERLING FINANCIAL CORP SOUTHFIRST BANCSHARES INC TERRITORIAL BANCORP INC TFS FINANCIAL CORPORATION TF FINANCIAL CORPORATION TIMBERLAND BANCORP, INC. TECHE HOLDING UNITED FINANCIAL BANCORP, INC. 58 Stocks, Bonds, Bills, and Inflation UNITED COMMUNITY BANCORP UNITED COMMUNITY FINANCIAL CORPORATION UMPQUA HOLDINGS CORPORATION VERSAILLES FINANCIAL CORPORATION VALLEY FINANCIAL CORP WAYNE SAVINGS BANCSHARES, INC. WOLVERINE BANCORP, INC. WESTFIELD FINANCIAL, INC. WESTSTAR FINANCIAL SERVICES CORPORATION WASHINGTON FEDERAL INC. WILLIAM PENN BANCORP INC WSB HOLDINGS, INC. WATERSTONE FINANCIAL, INC. WVS FINANCIAL CORP. SIC CODE 6035 AUBURN BANCORP, INC. ATLANTIC COAST FINANCIAL CORP ASTORIA FINANCIAL CORPORATION ATHENS BANCSHARES CORPORATION ALASKA PACIFIC BANCSHARES ALLIANCE BANCORP INC OF PENNSYLVANIA ACCESS NATIONAL CORPORATION AMERIANA BANCORP BANKATLANTIC BANCORP A BCB BANCORP, INC. BCSB BANKCORP, INC. BFC FINANCIAL CORPORATION B BEACON FEDERAL BANCORP, INC. BANKFINANCIAL CORPORATION BROOKLYN FEDERAL BANCORP, INC. BANCORP OF NEW JERSEY, INC. BANK MUTUAL CORPORATION BANKUNITED, INC. BANK OF KENTUCKY FINANCIAL BENEFICIAL MUTUAL BANCORP INC BOFI HOLDING INC BROOKLINE BANCORP, INC. BROADWAY FINANCIAL CORP CARVER BANCORP, INC. META FINANCIAL GROUP, INC. CECIL BANCORP, INC. CENTRAL FEDERAL CORP COMMUNITY FINANCIAL CORP CAPITOL FEDERAL FINANCIAL, INC. COMMUNITY FINANCIAL SHS CHARTER FINANCIAL CORP CFS BANCORP, INC. CKF BANCORP, INC. CORTLAND BANCORP CITIZENS SOUTH BANKING CORPORATION CLIFTON SAVINGS BANCORP, INC. CENTURY NEXT FINANCIAL CORP CULLMAN BANCORP INC. COMMUNITY VALLEY BANCORP CODORUS VALLEY BANCORP, INC. CITIZENS COMMUNITY BANCORP, INC. DIME COMMUNITY BANCSHARES, INC. EAGLE BANCORP MONTANA, INC. EUREKA FINANCIAL CORP. ESB FINANCIAL CORPORATION ES BANCSHARES INC E*TRADE FINANCIAL CORP FIRST ADVANTAGE BANCORP FLAGSTAR BANCORP, INC. FIRST CAPITAL, INC. FREDERICK COUNTY BANCORP, INC. 1ST CONSTITUTION BANCORP FIRST COMMUNITY BANK CORP OF AMERICA FIRST CLOVER LEAF FINANCIAL CORPORATION FIRST DEFIANCE FINANCIAL CORPORATION FIRST FEDERAL BANCSHARES OF ARKANSAS INC FIRST FINANCIAL HOLDINGS INC FEDFIRST FINANCIAL CORPORATION FFD FINANCIAL CORPORATION NORTH CENTRAL BANCSHARES, INC. FLUSHING FINANCIAL CORP FIRST INDEPENDENCE CORPORATION FISERV, INC. FARMERS & MERCHANTS BANCORP, INC. FIRST NORTHERN COMMUNITY BANK OF DIXON FIRST PLACE FINANCIAL CORPORATION FIRST ROBINSON FINANCIAL CORPORATION FSB COMMUNITY BANKSHARES, INC. FOX CHASE BANCORP, INC. GRAYSON BANKSHARES, INC. HARVARD ILLINOIS BANCORP INC. HCSB FINANCIAL CORPORATION HOPFED BANCORP, INC. HOME FEDERAL BANCORP INC OF LOUISIANA HF FINANCIAL CORP. HMN FINANCIAL HOMETOWN BANCORP, INC. INDEPENDENCE FEDERAL SAVINGS BANK INTERMOUNTAIN COMMUNITY BANCORP INDIANA COMMUNITY BANCORP INVESTORS BANCORP INC JEFFERSON BANCSHARES, INC. KENTUCKY FIRST FEDERAL BANCORP KAISER FEDERAL FINANCIAL GROUP, INC. KEARNY FINANCIAL CORPORATION LOGANSPORT FINANCIAL CORPORATION LAPORTE BANCORP INC LSB FINANCIAL CORPORATION LAKE SHORE BANCORP, INC. MB FINANCIAL CORPORATION MADISON BANCORP INC MD MSB FINANCIAL CORPORATION MVB FINANCIAL CORP NASB FINANCIAL, INC. NEW ENGLAND BANCSHARES, INC. NORTHEAST COMMUNITY BANCORP, INC. NEWPORT BANCORP, INC. NEW HAMPSHIRE THRIFT BANCSHARES, INC. NORTHRIM BANCORP, INC. NAUGATUCK VALLEY FINANCIAL CORPORATION NORTHWEST INDIANA BANCORP OBA FINANCIAL SERVICES, INC. OCEANFIRST FINANCIAL CORPORATION OCONEE FEDERAL FINANCIAL CORP OCEAN SHORE HOLDING COMPANY PATAPSCO BANCORP, INC. POLONIA BANCORP, INC. PROVIDENT COMMUNITY BANCSHARES, INC. PEOPLES FEDERAL BANCSHARES, INC. PARK BANCORP, INC. PROVIDENT FINANCIAL SERVICES, INC. PROVIDENT FINANCIAL HOLDINGS PSB HOLDINGS, INC. PULASKI FINANCIAL CORPORATION PVF CAPITAL CORP. ROCKVILLE FINANCIAL, INC. RIVER VALLEY BANCORP ROMA FINANCIAL CORPORATION RIVERVIEW BANCORP, INC. SALISBURY BANCORP, INC. SECURITY FEDERAL CORP STATE INVESTORS BANCORP, INC. SI FINANCIAL GROUP INC ST JOSEPH BANCORP INC SOUND FINANCIAL, INC. SP BANCORP, INC. SUNSHINE FINANCIAL INC SOUTHFIRST BANCSHARES INC TERRITORIAL BANCORP INC TFS FINANCIAL CORPORATION TF FINANCIAL CORPORATION TECHE HOLDING UNITED FINANCIAL BANCORP, INC. UNITED COMMUNITY BANCORP UMPQUA HOLDINGS CORPORATION VALLEY FINANCIAL CORP WAYNE SAVINGS BANCSHARES, INC. WESTFIELD FINANCIAL, INC. WESTSTAR FINANCIAL SERVICES CORPORATION WASHINGTON FEDERAL INC. WILLIAM PENN BANCORP INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report WSB HOLDINGS, INC. WATERSTONE FINANCIAL, INC. SIC CODE 6036 ANCHOR BANCORP WISCONSIN INC ANCHOR BANCORP BERKSHIRE HILLS BANCORP, INC. CAMCO FINANCIAL CORP CONSUMERS BANCORP, INC. CHICOPEE BANCORP, INC. CMS BANCORP, INC. MERIDIAN INTERSTATE BANCORP, INC. ESSA BANCORP INC FIRST BANCSHARES, INC /MO/ FIRST FINANCIAL NORTHWEST, INC. FIRST NIAGARA FINANCIAL GROUP INC GREENE COUNTY BANCORP, INC. GEORGETOWN BANCORP, INC. HOME BANCORP, INC. HAMPDEN BANCORP, INC. HUDSON CITY BANCORP, INC. HERITAGE FINANCIAL CORPORATION HIBERNIA BANCORP INC HOME FEDERAL BANCORP, INC. JACKSONVILLE BANCORP, INC. LOUISIANA BANCORP INCORPORATED MALVERN FEDERAL BANCORP, INC. NORTHWEST BANCSHARES INC MD NEW YORK COMMUNITY BANCORP, INC. ONEIDA FINANCIAL CORPORATION PEOPLE'S UNITED FINANCIAL, INC. PATHFINDER BANCORP, INC. PRUDENTIAL BANCORP INC. OF PENNSYLVANIA PROVIDENT NEW YORK BANCORP QUAINT OAK BANCORP, INC. SOUTHERN MISSOURI BANCORP INC SOLVAY BANK STERLING FINANCIAL CORP TIMBERLAND BANCORP, INC. UNITED COMMUNITY FINANCIAL CORPORATION VERSAILLES FINANCIAL CORPORATION WOLVERINE BANCORP, INC. WVS FINANCIAL CORP. SIC CODE 609 FIRST BUSEY CORP A DFC GLOBAL CORP EURONET WORLDWIDE, INC. FNDS3000 CORPORATION FASTFUNDS FINANCIAL CORPORATION PALMETTO BANCSHARES INC PAYMENT DATA SYSTEMS, INC. QC HOLDINGS, INC. STEWART ENTERPRISES, INC. TICC CAPITAL CORP BDC NET 1 UEPS TECHNOLOGIES, INC. SIC CODE 6099 FIRST BUSEY CORP A DFC GLOBAL CORP EURONET WORLDWIDE, INC. FNDS3000 CORPORATION FASTFUNDS FINANCIAL CORPORATION PALMETTO BANCSHARES INC PAYMENT DATA SYSTEMS, INC. QC HOLDINGS, INC. TICC CAPITAL CORP BDC NET 1 UEPS TECHNOLOGIES, INC. SIC CODE 61 ASSET ACCEPTANCE CAPITAL CORPORATION ADVANCE AMERICA, CASH ADVANCE CENTERS ANCHOR FUNDING SERVICES FEDERAL AGRICULTURAL MORTGAGE CORP CL. C ARLINGTON ASSET INVESTMENT CORP. AMPAL-AMERICAN ISRAEL CORPORATION ASTA FUNDING, INC. AMERICA FIRST TAX EXEMPT INVESTORS, L.P. AMERICAN EXPRESS CO BOEING CO BANK OF AMERICA CORPORATION BB&T CORP 59 Stocks, Bonds, Bills, and Inflation BSB BANCORP INC BRYN MAWR BANK CORP CREDIT ACCEPTANCE CORPORATION CASS INFORMATION SYSTEMS, INC. CATO CORPORATION A CBRE GROUP INC COMPUCREDIT CORPORATION CIT GROUP INC CAROLINA BANK HOLDINGS INC CORELOGIC, INC. CREDIT ONE FINANCIAL, INC. CENTRAL PACIFIC FINANCIAL CORPORATION CONSUMER PORTFOLIO SERVICES INC. DEERE & CO DISCOVER FINANCIAL SERVICES EASTBRIDGE INVESTMENT GP ENCORE CAPITAL GROUP, INC. ELAYAWAY, INC. EZCORP, INC. FORD MOTOR CO FLAGSTAR BANCORP, INC. FIRSTCITY FINANCIAL CORPORATION FIRST INVESTORS FINANCIAL SERVICES GROUP FIFTH THIRD BANCORP FIRST MARINER BANCORP, INC. FREDDIE MAC (FHLMC) FIRST MARBLEHEAD CORPORATION F.N.B. CORPORATION FANNIE MAE FIFTH STREET FINANCE CORPORATION GLOBAL CASH ACCESS HOLDINGS INC GREEN DOT CORP GENESIS FINANCIAL, INC. HALO COMPANIES, INC. HUNTINGTON BANCSHARES INC HFF, INC. A HAMPTON ROADS BANKSHARES INC HERCULES TECHNOLOGY GROWTH CAPITAL, INC. INTERVEST BANCSHARES CORPORATION INTERNATIONAL BUSINESS MACHINES CORP IF BANCORP, INC. KB HOME KKR FINANCIAL CORPORATION KEMPER CORP LENNAR CORPORATION MANHATTAN BRIDGE CAPITAL, INC. MORTGAGEBROKERS.COM HOLDINGS, INC. M.D.C. HOLDINGS, INC. MICROFINANCIAL, INC. MONARCH FINANCIAL HOLDINGS, INC. MARLIN BUSINESS SERVICES CORP MASTERBEAT CORP MAXLIFE FUND CORP MYECHECK, INC. NEWSTAR FINANCIAL, INC. NFINANSE, INC. NELNET, INC. A OCWEN FINANCIAL CORPORATION SOUTHWEST BANCORP INC PEOPLE'S UNITED FINANCIAL, INC. PACCAR INC PHH CORPORATION PLUMAS BANCORP PROVIDENT FINANCIAL HOLDINGS PSM HOLDINGS, INC. REPUBLIC BANCORP, INC. A RECEIVABLE ACQUISITION AND MANAGEMENT NATIONAL ASSET RECOVERY CORP REDFIN NETWORK INC RYLAND GROUP, INC. ISTAR FINANCIAL, INC. SLM CORP SUMMIT FINANCIAL GROUP, INC. SPARTA COMMERCIAL SERVICES, INC. SOUTHERN CONNECTICUT BANCORP SUNTRUST BANKS INC STERLING FINANCIAL CORP CONSTELLATION BRANDS INC. B MEDALLION FINANCIAL CORP TARGET CORP CENTRUE FINANCIAL CORPORATION TEXTRON INC UNION FIRST MARKET BANKSHARES CORP U.S. BANCORP UNITED WESTERN BANCORP, INC. VIST FINANCIAL CORP WALTER INVESTMENT MANAGEMENT CORP WEBSTER FINANCIAL CORP WESTERN CAPITAL RESOURCES, INC. WIKILOAN INC WORLD ACCEPTANCE CORPORATION WINTRUST FINANCIAL CORP YADKIN VALLEY FINANCIAL CORPORATION SIC CODE 614 ADVANCE AMERICA, CASH ADVANCE CENTERS AMERICAN EXPRESS CO BB&T CORP CREDIT ACCEPTANCE CORPORATION CASS INFORMATION SYSTEMS, INC. CATO CORPORATION A COMPUCREDIT CORPORATION CIT GROUP INC DISCOVER FINANCIAL SERVICES ELAYAWAY, INC. EZCORP, INC. FIRST INVESTORS FINANCIAL SERVICES GROUP FIRST MARBLEHEAD CORPORATION IF BANCORP, INC. KEMPER CORP MAXLIFE FUND CORP MYECHECK, INC. NELNET, INC. A SLM CORP SPARTA COMMERCIAL SERVICES, INC. WORLD ACCEPTANCE CORPORATION WINTRUST FINANCIAL CORP SIC CODE 6141 ADVANCE AMERICA, CASH ADVANCE CENTERS AMERICAN EXPRESS CO BB&T CORP CREDIT ACCEPTANCE CORPORATION CASS INFORMATION SYSTEMS, INC. CATO CORPORATION A COMPUCREDIT CORPORATION CIT GROUP INC DISCOVER FINANCIAL SERVICES ELAYAWAY, INC. EZCORP, INC. FIRST INVESTORS FINANCIAL SERVICES GROUP FIRST MARBLEHEAD CORPORATION IF BANCORP, INC. KEMPER CORP MAXLIFE FUND CORP MYECHECK, INC. NELNET, INC. A SLM CORP SPARTA COMMERCIAL SERVICES, INC. WORLD ACCEPTANCE CORPORATION WINTRUST FINANCIAL CORP SIC CODE 615 ASSET ACCEPTANCE CAPITAL CORPORATION ANCHOR FUNDING SERVICES AMPAL-AMERICAN ISRAEL CORPORATION ASTA FUNDING, INC. AMERICAN EXPRESS CO BOEING CO BANK OF AMERICA CORPORATION BSB BANCORP INC COMPUCREDIT CORPORATION CREDIT ONE FINANCIAL, INC. CONSUMER PORTFOLIO SERVICES INC. DEERE & CO EASTBRIDGE INVESTMENT GP ENCORE CAPITAL GROUP, INC. FORD MOTOR CO FIRSTCITY FINANCIAL CORPORATION ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report F.N.B. CORPORATION GLOBAL CASH ACCESS HOLDINGS INC GREEN DOT CORP GENESIS FINANCIAL, INC. HALO COMPANIES, INC. HUNTINGTON BANCSHARES INC HERCULES TECHNOLOGY GROWTH CAPITAL, INC. INTERNATIONAL BUSINESS MACHINES CORP LENNAR CORPORATION MANHATTAN BRIDGE CAPITAL, INC. MICROFINANCIAL, INC. MARLIN BUSINESS SERVICES CORP MASTERBEAT CORP NEWSTAR FINANCIAL, INC. NFINANSE, INC. NELNET, INC. A PACCAR INC PHH CORPORATION PLUMAS BANCORP RECEIVABLE ACQUISITION AND MANAGEMENT NATIONAL ASSET RECOVERY CORP REDFIN NETWORK INC RYLAND GROUP, INC. ISTAR FINANCIAL, INC. MEDALLION FINANCIAL CORP TARGET CORP TEXTRON INC U.S. BANCORP WEBSTER FINANCIAL CORP WESTERN CAPITAL RESOURCES, INC. WIKILOAN INC SIC CODE 6153 ASSET ACCEPTANCE CAPITAL CORPORATION ANCHOR FUNDING SERVICES AMPAL-AMERICAN ISRAEL CORPORATION ASTA FUNDING, INC. AMERICAN EXPRESS CO BOEING CO BSB BANCORP INC COMPUCREDIT CORPORATION CREDIT ONE FINANCIAL, INC. DEERE & CO ENCORE CAPITAL GROUP, INC. FIRSTCITY FINANCIAL CORPORATION GENESIS FINANCIAL, INC. HUNTINGTON BANCSHARES INC HERCULES TECHNOLOGY GROWTH CAPITAL, INC. INTERNATIONAL BUSINESS MACHINES CORP LENNAR CORPORATION MANHATTAN BRIDGE CAPITAL, INC. MARLIN BUSINESS SERVICES CORP MASTERBEAT CORP NEWSTAR FINANCIAL, INC. NFINANSE, INC. PLUMAS BANCORP RECEIVABLE ACQUISITION AND MANAGEMENT NATIONAL ASSET RECOVERY CORP REDFIN NETWORK INC RYLAND GROUP, INC. U.S. BANCORP WESTERN CAPITAL RESOURCES, INC. SIC CODE 6159 BANK OF AMERICA CORPORATION CONSUMER PORTFOLIO SERVICES INC. EASTBRIDGE INVESTMENT GP FORD MOTOR CO F.N.B. CORPORATION GLOBAL CASH ACCESS HOLDINGS INC GREEN DOT CORP HALO COMPANIES, INC. MICROFINANCIAL, INC. NELNET, INC. A PACCAR INC PHH CORPORATION ISTAR FINANCIAL, INC. MEDALLION FINANCIAL CORP TARGET CORP TEXTRON INC 60 Stocks, Bonds, Bills, and Inflation WEBSTER FINANCIAL CORP WIKILOAN INC SIC CODE 616 ARLINGTON ASSET INVESTMENT CORP. AMERICA FIRST TAX EXEMPT INVESTORS, L.P. BB&T CORP BRYN MAWR BANK CORP CBRE GROUP INC CAROLINA BANK HOLDINGS INC CORELOGIC, INC. CENTRAL PACIFIC FINANCIAL CORPORATION FLAGSTAR BANCORP, INC. FIFTH THIRD BANCORP FIRST MARINER BANCORP, INC. FIFTH STREET FINANCE CORPORATION HFF, INC. A HAMPTON ROADS BANKSHARES INC INTERVEST BANCSHARES CORPORATION KB HOME KKR FINANCIAL CORPORATION MORTGAGEBROKERS.COM HOLDINGS, INC. M.D.C. HOLDINGS, INC. MONARCH FINANCIAL HOLDINGS, INC. OCWEN FINANCIAL CORPORATION SOUTHWEST BANCORP INC PEOPLE'S UNITED FINANCIAL, INC. PROVIDENT FINANCIAL HOLDINGS PSM HOLDINGS, INC. REPUBLIC BANCORP, INC. A SUMMIT FINANCIAL GROUP, INC. SOUTHERN CONNECTICUT BANCORP SUNTRUST BANKS INC STERLING FINANCIAL CORP CENTRUE FINANCIAL CORPORATION UNION FIRST MARKET BANKSHARES CORP UNITED WESTERN BANCORP, INC. VIST FINANCIAL CORP WALTER INVESTMENT MANAGEMENT CORP YADKIN VALLEY FINANCIAL CORPORATION SIC CODE 6162 ARLINGTON ASSET INVESTMENT CORP. AMERICA FIRST TAX EXEMPT INVESTORS, L.P. BB&T CORP BRYN MAWR BANK CORP CBRE GROUP INC CAROLINA BANK HOLDINGS INC CORELOGIC, INC. CENTRAL PACIFIC FINANCIAL CORPORATION FLAGSTAR BANCORP, INC. FIFTH THIRD BANCORP FIRST MARINER BANCORP, INC. FIFTH STREET FINANCE CORPORATION HFF, INC. A HAMPTON ROADS BANKSHARES INC INTERVEST BANCSHARES CORPORATION KB HOME MORTGAGEBROKERS.COM HOLDINGS, INC. M.D.C. HOLDINGS, INC. MONARCH FINANCIAL HOLDINGS, INC. OCWEN FINANCIAL CORPORATION SOUTHWEST BANCORP INC PEOPLE'S UNITED FINANCIAL, INC. PROVIDENT FINANCIAL HOLDINGS PSM HOLDINGS, INC. REPUBLIC BANCORP, INC. A SUMMIT FINANCIAL GROUP, INC. SOUTHERN CONNECTICUT BANCORP SUNTRUST BANKS INC STERLING FINANCIAL CORP CENTRUE FINANCIAL CORPORATION UNION FIRST MARKET BANKSHARES CORP UNITED WESTERN BANCORP, INC. VIST FINANCIAL CORP WALTER INVESTMENT MANAGEMENT CORP YADKIN VALLEY FINANCIAL CORPORATION SIC CODE 62 ALLIANCEBERNSTEIN HOLDING L.P. AFFILIATED MANAGERS GROUP INC AMERIPRISE FINANCIAL INC AMERITRANS CAPITAL CORPORATION TD AMERITRADE HOLDING CORPORATION APOLLO GLOBAL MANAGEMENT LLC ARTIO GLOBAL INVESTORS, INC. AMERISERV FINANCIAL, INC. BB&T CORP BONDS.COM GROUP, INC. FRANKLIN RESOURCES INC. BGC PARTNERS, INC. A SOTHEBYS A BANK OF NEW YORK MELLON BLACKROCK KELSO CAPITAL CORPORATION BDC BLACKROCK INC BRYN MAWR BANK CORP BANK OF HAWAII CORPORATION FIRST BUSEY CORP A BLACKSTONE GROUP LP CBOE HOLDINGS, INC. CARDINAL FINANCIAL CORP CULLEN FROST BANKERS, INC. CALAMOS ASSET MANAGEMENT, INC. A COMERICA INC CME GROUP, INC. A COWEN GROUP, INC. CENTRAL PACIFIC FINANCIAL CORPORATION CAPITAL FINANCIAL HOLDINGS, INC. DIAMOND HILL INVESTMENT GROUP, INC. EDELMAN FINANCIAL GROUP INC RODMAN & RENSHAW CAPITAL GROUP, INC. EPOCH HOLDING CORPORATION E*TRADE FINANCIAL CORP EATON VANCE CORPORATION EVERCORE PARTNERS INC FBR & CO FORTRESS INVESTMENT GROUP LLC A FEDERATED INVESTORS, INC. B FIFTH THIRD BANCORP FINANCIAL ENGINES, INC. FRANKLIN STREET PROPERTIES CORPORATION FINOTEC GROUP, INC. FXCM, INC. GOLUB CAPITAL BDC, INC. GAMCO INVESTORS INC GAIN CAPITAL HOLDINGS, INC. GFI GROUP, INC. GREENHILL & CO, INC. GLEACHER & CO, INC. US GLOBAL INVESTORS INC A GOLDMAN SACHS GROUP INC HAMPTON ROADS BANKSHARES INC HENNESSY ADVISORS, INC. H&R BLOCK INC INTERACTIVE BROKERS GROUP, INC. INTERCONTINENTALEXCHANGE, INC. INVESTORS CAPITAL HOLDINGS, LTD. INTL FCSTONE, INC. INVESTMENT TECHNOLOGY GROUP, INC. JEFFERIES GROUP, INC. JACOBS FINANCIAL GROUP, INC. JESUP & LAMONT, INC. JANUS CAPITAL GROUP, INC. JPMORGAN CHASE & CO KBW, INC. KNIGHT CAPITAL GROUP, INC. KENT FINANCIAL SERVICES, INC. LEGG MASON, INC. LPL INVESTMENT HOLDINGS, INC. LADENBURG THALMAN FINANCIAL SERVICES, INC. MBIA INC MIDDLEBURG FINANCIAL CORP. MERRIMAN HOLDINGS, INC. MF GLOBAL HOLDINGS LTD M/I HOMES, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report MARKETAXESS HOLDINGS, INC. MANNING & NAPIER INC MORNINGSTAR, INC. MORGAN STANLEY NASDAQ OMX GROUP, INC. NATIONAL HOLDINGS CORPORATION NATIONAL INVESTMENT MANAGERS, INC. NETWORK 1 FINANCIAL GROUP, INC. NORTHERN TRUST CORPORATION NYSE EURONEXT, INC. OPPENHEIMER HOLDINGS, INC. OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC PROGRESSIVE CORPORATION PULTEGROUP INC PIPER JAFFRAY COS PAULSON CAPITAL CORP. PNC FINANCIAL SERVICES GROUP INC PENSON WORLDWIDE, INC. PZENA INVESTMENT MANAGEMENT, INC. QCR HOLDINGS INC RUBICON FINANCIAL, INC. RAYMOND JAMES FINANCIAL, INC. SARATOGA INVESTMENT CORP BDC SIGNATURE BANK CHARLES SCHWAB CORP SEI INVESTMENTS COMPANY STIFEL FINANCIAL CORP. SUMMIT FINANCIAL SERVICES GROUP, INC. SIEBERT FINANCIAL CORPORATION SVB FINANCIAL GROUP SOUTHERN TRUST SECURITIES HOLDING CORP SUNTRUST BANKS INC STERLING FINANCIAL CORP SWS GROUP, INC. S.Y. BANCORP, INC. TRIANGLE CAPITAL CORPORATION BDC THL CREDIT, INC. TORCHMARK CORPORATION TREE.COM, INC. TRUSTMARK CORPORATION T. ROWE PRICE GROUP UMB FINANCIAL CORPORATION VALUE LINE, INC. VIRTUS INVESTMENT PARTNERS, INC. WADDELL & REED FINANCIAL, INC. WESTWOOD HOLDINGS GROUP, INC. WILLDAN GROUP, INC. W.P. STEWART & COMPANY, LTD. WOODSTOCK HOLDINGS, INC. WINTRUST FINANCIAL CORP ZIEGLER COMPANIES, INC. SIC CODE 621 TD AMERITRADE HOLDING CORPORATION BB&T CORP BONDS.COM GROUP, INC. BGC PARTNERS, INC. A BLACKROCK INC CALAMOS ASSET MANAGEMENT, INC. A COWEN GROUP, INC. CAPITAL FINANCIAL HOLDINGS, INC. E*TRADE FINANCIAL CORP FBR & CO FINOTEC GROUP, INC. FXCM, INC. GAMCO INVESTORS INC GFI GROUP, INC. GREENHILL & CO, INC. GLEACHER & CO, INC. GOLDMAN SACHS GROUP INC INTERACTIVE BROKERS GROUP, INC. INTL FCSTONE, INC. INVESTMENT TECHNOLOGY GROUP, INC. JEFFERIES GROUP, INC. JACOBS FINANCIAL GROUP, INC. JESUP & LAMONT, INC. KBW, INC. KNIGHT CAPITAL GROUP, INC. KENT FINANCIAL SERVICES, INC. 61 Stocks, Bonds, Bills, and Inflation LPL INVESTMENT HOLDINGS, INC. MF GLOBAL HOLDINGS LTD MARKETAXESS HOLDINGS, INC. MORGAN STANLEY NATIONAL HOLDINGS CORPORATION NETWORK 1 FINANCIAL GROUP, INC. OPPENHEIMER HOLDINGS, INC. PAULSON CAPITAL CORP. PNC FINANCIAL SERVICES GROUP INC PENSON WORLDWIDE, INC. RUBICON FINANCIAL, INC. RAYMOND JAMES FINANCIAL, INC. SIGNATURE BANK CHARLES SCHWAB CORP SEI INVESTMENTS COMPANY STIFEL FINANCIAL CORP. SUMMIT FINANCIAL SERVICES GROUP, INC. SIEBERT FINANCIAL CORPORATION STERLING FINANCIAL CORP SWS GROUP, INC. THL CREDIT, INC. WADDELL & REED FINANCIAL, INC. WILLDAN GROUP, INC. W.P. STEWART & COMPANY, LTD. WOODSTOCK HOLDINGS, INC. ZIEGLER COMPANIES, INC. SIC CODE 6211 TD AMERITRADE HOLDING CORPORATION BB&T CORP BONDS.COM GROUP, INC. BGC PARTNERS, INC. A BLACKROCK INC CALAMOS ASSET MANAGEMENT, INC. A COWEN GROUP, INC. CAPITAL FINANCIAL HOLDINGS, INC. E*TRADE FINANCIAL CORP FBR & CO FINOTEC GROUP, INC. FXCM, INC. GAMCO INVESTORS INC GFI GROUP, INC. GREENHILL & CO, INC. GLEACHER & CO, INC. GOLDMAN SACHS GROUP INC INTERACTIVE BROKERS GROUP, INC. INTL FCSTONE, INC. INVESTMENT TECHNOLOGY GROUP, INC. JEFFERIES GROUP, INC. JACOBS FINANCIAL GROUP, INC. JESUP & LAMONT, INC. KBW, INC. KNIGHT CAPITAL GROUP, INC. KENT FINANCIAL SERVICES, INC. LPL INVESTMENT HOLDINGS, INC. MF GLOBAL HOLDINGS LTD MARKETAXESS HOLDINGS, INC. MORGAN STANLEY NATIONAL HOLDINGS CORPORATION NETWORK 1 FINANCIAL GROUP, INC. OPPENHEIMER HOLDINGS, INC. PAULSON CAPITAL CORP. PNC FINANCIAL SERVICES GROUP INC PENSON WORLDWIDE, INC. RUBICON FINANCIAL, INC. RAYMOND JAMES FINANCIAL, INC. SIGNATURE BANK CHARLES SCHWAB CORP SEI INVESTMENTS COMPANY STIFEL FINANCIAL CORP. SUMMIT FINANCIAL SERVICES GROUP, INC. SIEBERT FINANCIAL CORPORATION STERLING FINANCIAL CORP SWS GROUP, INC. THL CREDIT, INC. WADDELL & REED FINANCIAL, INC. WILLDAN GROUP, INC. W.P. STEWART & COMPANY, LTD. WOODSTOCK HOLDINGS, INC. ZIEGLER COMPANIES, INC. SIC CODE 623 CBOE HOLDINGS, INC. CME GROUP, INC. A INTERCONTINENTALEXCHANGE, INC. INVESTORS CAPITAL HOLDINGS, LTD. NASDAQ OMX GROUP, INC. NYSE EURONEXT, INC. SIC CODE 6231 CBOE HOLDINGS, INC. CME GROUP, INC. A INTERCONTINENTALEXCHANGE, INC. INVESTORS CAPITAL HOLDINGS, LTD. NASDAQ OMX GROUP, INC. NYSE EURONEXT, INC. SIC CODE 628 ALLIANCEBERNSTEIN HOLDING L.P. AFFILIATED MANAGERS GROUP INC AMERIPRISE FINANCIAL INC AMERITRANS CAPITAL CORPORATION APOLLO GLOBAL MANAGEMENT LLC ARTIO GLOBAL INVESTORS, INC. AMERISERV FINANCIAL, INC. BB&T CORP FRANKLIN RESOURCES INC. SOTHEBYS A BANK OF NEW YORK MELLON BLACKROCK KELSO CAPITAL CORPORATION BDC BRYN MAWR BANK CORP BANK OF HAWAII CORPORATION FIRST BUSEY CORP A BLACKSTONE GROUP LP CARDINAL FINANCIAL CORP CULLEN FROST BANKERS, INC. COMERICA INC CENTRAL PACIFIC FINANCIAL CORPORATION DIAMOND HILL INVESTMENT GROUP, INC. EDELMAN FINANCIAL GROUP INC RODMAN & RENSHAW CAPITAL GROUP, INC. EPOCH HOLDING CORPORATION EATON VANCE CORPORATION EVERCORE PARTNERS INC FORTRESS INVESTMENT GROUP LLC A FEDERATED INVESTORS, INC. B FIFTH THIRD BANCORP FINANCIAL ENGINES, INC. FRANKLIN STREET PROPERTIES CORPORATION GOLUB CAPITAL BDC, INC. GAIN CAPITAL HOLDINGS, INC. US GLOBAL INVESTORS INC A GOLDMAN SACHS GROUP INC HAMPTON ROADS BANKSHARES INC HENNESSY ADVISORS, INC. H&R BLOCK INC INVESTORS CAPITAL HOLDINGS, LTD. JACOBS FINANCIAL GROUP, INC. JANUS CAPITAL GROUP, INC. JPMORGAN CHASE & CO LEGG MASON, INC. LADENBURG THALMAN FINANCIAL SERVICES, INC. MBIA INC MIDDLEBURG FINANCIAL CORP. MERRIMAN HOLDINGS, INC. M/I HOMES, INC. MANNING & NAPIER INC MORNINGSTAR, INC. NATIONAL INVESTMENT MANAGERS, INC. NORTHERN TRUST CORPORATION OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC PROGRESSIVE CORPORATION PULTEGROUP INC PIPER JAFFRAY COS PZENA INVESTMENT MANAGEMENT, INC. QCR HOLDINGS INC SARATOGA INVESTMENT CORP BDC SVB FINANCIAL GROUP SOUTHERN TRUST SECURITIES HOLDING CORP ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SUNTRUST BANKS INC S.Y. BANCORP, INC. TRIANGLE CAPITAL CORPORATION BDC TORCHMARK CORPORATION TRUSTMARK CORPORATION T. ROWE PRICE GROUP UMB FINANCIAL CORPORATION VALUE LINE, INC. VIRTUS INVESTMENT PARTNERS, INC. WESTWOOD HOLDINGS GROUP, INC. WINTRUST FINANCIAL CORP SIC CODE 6282 ALLIANCEBERNSTEIN HOLDING L.P. AFFILIATED MANAGERS GROUP INC AMERIPRISE FINANCIAL INC APOLLO GLOBAL MANAGEMENT LLC ARTIO GLOBAL INVESTORS, INC. AMERISERV FINANCIAL, INC. BB&T CORP FRANKLIN RESOURCES INC. SOTHEBYS A BANK OF NEW YORK MELLON BLACKROCK KELSO CAPITAL CORPORATION BDC BRYN MAWR BANK CORP BANK OF HAWAII CORPORATION FIRST BUSEY CORP A BLACKSTONE GROUP LP CARDINAL FINANCIAL CORP CULLEN FROST BANKERS, INC. COMERICA INC CENTRAL PACIFIC FINANCIAL CORPORATION DIAMOND HILL INVESTMENT GROUP, INC. EDELMAN FINANCIAL GROUP INC RODMAN & RENSHAW CAPITAL GROUP, INC. EPOCH HOLDING CORPORATION EATON VANCE CORPORATION EVERCORE PARTNERS INC FORTRESS INVESTMENT GROUP LLC A FEDERATED INVESTORS, INC. B FIFTH THIRD BANCORP FINANCIAL ENGINES, INC. FRANKLIN STREET PROPERTIES CORPORATION GOLUB CAPITAL BDC, INC. US GLOBAL INVESTORS INC A GOLDMAN SACHS GROUP INC HAMPTON ROADS BANKSHARES INC HENNESSY ADVISORS, INC. H&R BLOCK INC INVESTORS CAPITAL HOLDINGS, LTD. JACOBS FINANCIAL GROUP, INC. JANUS CAPITAL GROUP, INC. LEGG MASON, INC. LADENBURG THALMAN FINANCIAL SERVICES, INC. MBIA INC MIDDLEBURG FINANCIAL CORP. MERRIMAN HOLDINGS, INC. M/I HOMES, INC. MANNING & NAPIER INC MORNINGSTAR, INC. NATIONAL INVESTMENT MANAGERS, INC. NORTHERN TRUST CORPORATION OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC PROGRESSIVE CORPORATION PULTEGROUP INC PIPER JAFFRAY COS PZENA INVESTMENT MANAGEMENT, INC. QCR HOLDINGS INC SARATOGA INVESTMENT CORP BDC SVB FINANCIAL GROUP SOUTHERN TRUST SECURITIES HOLDING CORP SUNTRUST BANKS INC S.Y. BANCORP, INC. TRIANGLE CAPITAL CORPORATION BDC TORCHMARK CORPORATION TRUSTMARK CORPORATION T. ROWE PRICE GROUP UMB FINANCIAL CORPORATION 62 Stocks, Bonds, Bills, and Inflation VALUE LINE, INC. VIRTUS INVESTMENT PARTNERS, INC. WESTWOOD HOLDINGS GROUP, INC. WINTRUST FINANCIAL CORP SIC CODE 63 ATLANTIC AMERICAN CORP. ATLAS AIR WORLDWIDE HOLDINGS INC ACMAT CORPORATION A ACNB CORPORATION AMERICAN EQUITY INVESTMENT LIFE HOLDING AETNA INC AFFIRMATIVE INSURANCE HOLDINGS, INC. AMERICAN FINANCIAL GROUP INC AFLAC INC AMERIGROUP CORPORATION AMERICAN INTERNATIONAL GROUP INC ASSURANT INC ALLSTATE CORP AMERICAN INDEPENDENCE CORPORATION AMERISAFE, INC. AMERICAN NATIONAL INSURANCE ASSURANCEAMERICA CORPORATION BB&T CORP BERKSHIRE HATHAWAY INC A CHUBB CORP COMPREHENSIVE CARE CORPORATION CIGNA CORP CITIZENS, INC. CINCINNATI FINANCIAL CORPORATION CNA FINANCIAL CORP CENTENE CORPORATION CNO FINANCIAL GROUP, INC. COHEN & STEERS INC COVENTRY HEALTH CARE, INC. DELPHI FINANCIAL GROUP DONEGAL GROUP INC B ENCORE BANCSHARES INC EMPLOYERS HOLDINGS, INC. EASTERN INSURANCE HOLDINGS, INC. ERIE INDEMNITY COMPANY A EVANS BANCORP INC FIRST ACCEPTANCE CORPORATION FIRST AMERICAN FINANCIAL CORP FBL FINANCIAL GROUP INC FULLCIRCLE REGISTRY, INC. F.N.B. CORPORATION FIDELITY NATIONAL FINANCIAL INC. FORTEGRA FINANCIAL CORP GENWORTH FINANCIAL INC HALLMARK FINANCIAL SERVICES HCC INSURANCE HOLDINGS INC. HOMEOWNERS CHOICE, INC. HARLEYSVILLE GROUP INC. HARTFORD FINANCIAL SERVICES GROUP INC HAMPTON ROADS BANKSHARES INC HEALTH NET INC HILLTOP HOLDINGS INC HUMANA IMPERIAL HOLDINGS, INC. INDEPENDENCE HOLDING COMPANY INVESTORS HERITAGE CAPITAL CORPORATION INFINITY PROPERTY AND CASUALTY CORPORATION INVESTORS TITLE COMPANY KANSAS CITY LIFE INSURANCE KEMPER CORP LOEWS CORPORATION LINCOLN NATIONAL CORP (RADNOR, PA) LIFE PARTNERS HOLDINGS, INC. LANDSTAR SYSTEM, INC. MBIA INC MERCURY GENERAL CORPORATION METLIFE INC MEADOWBROOK INSURANCE GROUP, INC. MARKEL CORPORATION MOLINA HEALTHCARE, INC. MGIC INVESTMENT CORPORATION NATIONAL INTERSTATE CORPORATION NAVIGATORS GROUP NORTHEAST BANCORP NATIONAL SECURITY GROUP NATIONAL WESTERN LIFE INSURANCE A ONEIDA FINANCIAL CORPORATION OLD REPUBLIC INTERNATIONAL PRINCIPAL FINANCIAL GROUP PROGRESSIVE CORPORATION PICO HOLDINGS, INC. PROTECTIVE LIFE CORP PRESIDENTIAL LIFE CORP. PHOENIX COMPANIES, INC. PMI GROUP, INC. PROASSURANCE CORPORATION PRIMERICA, INC. PRUDENTIAL FINANCIAL INC RADIAN GROUP, INC. REINSURANCE GROUP OF AMERICA INC RLI CORPORATION RENASANT CORPORATION SAFETY INSURANCE GROUP, INC. SEABRIGHT HOLDINGS, INC. STANCORP FINANCIAL GROUP, INC. SHORE BANCSHARES, INC. SELECTIVE INSURANCE GROUP SINO ASSURANCE INC. SECURITY NATIONAL FINANCIAL CORPORATION A STEWART INFORMATION SERVICES, INC. STATE AUTO FINANCIAL SYMETRA FINANCIAL CORPORATION 21ST CENTURY HOLDING COMPANY TRIAD GUARANTY INC. HANOVER INSURANCE GROUP, INC. TORCHMARK CORPORATION TRANSATLANTIC HOLDINGS, INC. TRUSTMARK CORPORATION TRAVELERS COMPANIES, INC. TOWER GROUP, INC. UNIVERSAL AMERICAN CORP UNITED FIRE & CASUALTY CO. UNITED INSURANCE HOLDINGS CORP UNICO AMERICAN CORPORATION UNITEDHEALTH GROUP INC UNUM GROUP UTG, INC. UNIVERSAL INSURANCE HOLDINGS, INC. WELLCARE HEALTH PLANS, INC. WELLPOINT INC WR BERKLEY CORP XCEL ENERGY INC ALLEGHANY CORP DEL SIC CODE 631 ATLANTIC AMERICAN CORP. ACNB CORPORATION AMERICAN EQUITY INVESTMENT LIFE HOLDING AETNA INC ALLSTATE CORP AMERICAN NATIONAL INSURANCE CIGNA CORP CITIZENS, INC. CINCINNATI FINANCIAL CORPORATION CNO FINANCIAL GROUP, INC. DELPHI FINANCIAL GROUP EASTERN INSURANCE HOLDINGS, INC. EVANS BANCORP INC FBL FINANCIAL GROUP INC FULLCIRCLE REGISTRY, INC. GENWORTH FINANCIAL INC HARTFORD FINANCIAL SERVICES GROUP INC IMPERIAL HOLDINGS, INC. INDEPENDENCE HOLDING COMPANY INVESTORS HERITAGE CAPITAL CORPORATION KANSAS CITY LIFE INSURANCE LINCOLN NATIONAL CORP (RADNOR, PA) LIFE PARTNERS HOLDINGS, INC. METLIFE INC NORTHEAST BANCORP NATIONAL SECURITY GROUP ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report NATIONAL WESTERN LIFE INSURANCE A ONEIDA FINANCIAL CORPORATION PROTECTIVE LIFE CORP PRESIDENTIAL LIFE CORP. PHOENIX COMPANIES, INC. PRIMERICA, INC. PRUDENTIAL FINANCIAL INC RENASANT CORPORATION SECURITY NATIONAL FINANCIAL CORPORATION A SYMETRA FINANCIAL CORPORATION TORCHMARK CORPORATION TRUSTMARK CORPORATION UNITED FIRE & CASUALTY CO. UTG, INC. XCEL ENERGY INC SIC CODE 6311 ATLANTIC AMERICAN CORP. ACNB CORPORATION AMERICAN EQUITY INVESTMENT LIFE HOLDING AETNA INC ALLSTATE CORP AMERICAN NATIONAL INSURANCE CIGNA CORP CITIZENS, INC. CINCINNATI FINANCIAL CORPORATION CNO FINANCIAL GROUP, INC. DELPHI FINANCIAL GROUP EASTERN INSURANCE HOLDINGS, INC. EVANS BANCORP INC FBL FINANCIAL GROUP INC FULLCIRCLE REGISTRY, INC. GENWORTH FINANCIAL INC HARTFORD FINANCIAL SERVICES GROUP INC IMPERIAL HOLDINGS, INC. INDEPENDENCE HOLDING COMPANY INVESTORS HERITAGE CAPITAL CORPORATION KANSAS CITY LIFE INSURANCE LINCOLN NATIONAL CORP (RADNOR, PA) LIFE PARTNERS HOLDINGS, INC. METLIFE INC NORTHEAST BANCORP NATIONAL SECURITY GROUP NATIONAL WESTERN LIFE INSURANCE A ONEIDA FINANCIAL CORPORATION PROTECTIVE LIFE CORP PRESIDENTIAL LIFE CORP. PHOENIX COMPANIES, INC. PRIMERICA, INC. PRUDENTIAL FINANCIAL INC RENASANT CORPORATION SECURITY NATIONAL FINANCIAL CORPORATION A SYMETRA FINANCIAL CORPORATION TORCHMARK CORPORATION TRUSTMARK CORPORATION UNITED FIRE & CASUALTY CO. UTG, INC. XCEL ENERGY INC SIC CODE 632 AETNA INC AFLAC INC AMERIGROUP CORPORATION ASSURANT INC AMERICAN INDEPENDENCE CORPORATION AMERICAN NATIONAL INSURANCE COMPREHENSIVE CARE CORPORATION CIGNA CORP CITIZENS, INC. CENTENE CORPORATION CNO FINANCIAL GROUP, INC. COVENTRY HEALTH CARE, INC. HEALTH NET INC HUMANA KEMPER CORP MOLINA HEALTHCARE, INC. PRINCIPAL FINANCIAL GROUP REINSURANCE GROUP OF AMERICA INC STANCORP FINANCIAL GROUP, INC. TORCHMARK CORPORATION 63 Stocks, Bonds, Bills, and Inflation UNIVERSAL AMERICAN CORP UNITEDHEALTH GROUP INC UNUM GROUP WELLCARE HEALTH PLANS, INC. WELLPOINT INC SIC CODE 6321 AFLAC INC ASSURANT INC AMERICAN INDEPENDENCE CORPORATION AMERICAN NATIONAL INSURANCE CITIZENS, INC. CNO FINANCIAL GROUP, INC. KEMPER CORP PRINCIPAL FINANCIAL GROUP REINSURANCE GROUP OF AMERICA INC STANCORP FINANCIAL GROUP, INC. TORCHMARK CORPORATION UNUM GROUP SIC CODE 6324 AETNA INC AMERIGROUP CORPORATION COMPREHENSIVE CARE CORPORATION CIGNA CORP CENTENE CORPORATION COVENTRY HEALTH CARE, INC. HEALTH NET INC HUMANA MOLINA HEALTHCARE, INC. UNIVERSAL AMERICAN CORP UNITEDHEALTH GROUP INC WELLCARE HEALTH PLANS, INC. WELLPOINT INC SIC CODE 633 ATLAS AIR WORLDWIDE HOLDINGS INC AFFIRMATIVE INSURANCE HOLDINGS, INC. AMERICAN FINANCIAL GROUP INC AMERICAN INTERNATIONAL GROUP INC ALLSTATE CORP AMERISAFE, INC. ASSURANCEAMERICA CORPORATION BB&T CORP BERKSHIRE HATHAWAY INC A CHUBB CORP CINCINNATI FINANCIAL CORPORATION CNA FINANCIAL CORP DONEGAL GROUP INC B ENCORE BANCSHARES INC EMPLOYERS HOLDINGS, INC. ERIE INDEMNITY COMPANY A FIRST ACCEPTANCE CORPORATION F.N.B. CORPORATION HCC INSURANCE HOLDINGS INC. HOMEOWNERS CHOICE, INC. HARLEYSVILLE GROUP INC. HARTFORD FINANCIAL SERVICES GROUP INC HILLTOP HOLDINGS INC INFINITY PROPERTY AND CASUALTY CORPORATION KEMPER CORP LOEWS CORPORATION LANDSTAR SYSTEM, INC. MERCURY GENERAL CORPORATION MEADOWBROOK INSURANCE GROUP, INC. MARKEL CORPORATION NATIONAL INTERSTATE CORPORATION NAVIGATORS GROUP PROGRESSIVE CORPORATION PICO HOLDINGS, INC. PROASSURANCE CORPORATION RLI CORPORATION SAFETY INSURANCE GROUP, INC. SEABRIGHT HOLDINGS, INC. SHORE BANCSHARES, INC. SELECTIVE INSURANCE GROUP STATE AUTO FINANCIAL 21ST CENTURY HOLDING COMPANY HANOVER INSURANCE GROUP, INC. TRANSATLANTIC HOLDINGS, INC. TRAVELERS COMPANIES, INC. TOWER GROUP, INC. UNITED FIRE & CASUALTY CO. UNITED INSURANCE HOLDINGS CORP UNICO AMERICAN CORPORATION UNIVERSAL INSURANCE HOLDINGS, INC. WR BERKLEY CORP ALLEGHANY CORP DEL SIC CODE 6331 ATLAS AIR WORLDWIDE HOLDINGS INC AFFIRMATIVE INSURANCE HOLDINGS, INC. AMERICAN FINANCIAL GROUP INC AMERICAN INTERNATIONAL GROUP INC ALLSTATE CORP AMERISAFE, INC. ASSURANCEAMERICA CORPORATION BB&T CORP BERKSHIRE HATHAWAY INC A CHUBB CORP CINCINNATI FINANCIAL CORPORATION CNA FINANCIAL CORP DONEGAL GROUP INC B ENCORE BANCSHARES INC EMPLOYERS HOLDINGS, INC. ERIE INDEMNITY COMPANY A FIRST ACCEPTANCE CORPORATION F.N.B. CORPORATION HCC INSURANCE HOLDINGS INC. HOMEOWNERS CHOICE, INC. HARLEYSVILLE GROUP INC. HARTFORD FINANCIAL SERVICES GROUP INC HILLTOP HOLDINGS INC INFINITY PROPERTY AND CASUALTY CORPORATION KEMPER CORP LOEWS CORPORATION LANDSTAR SYSTEM, INC. MERCURY GENERAL CORPORATION MEADOWBROOK INSURANCE GROUP, INC. MARKEL CORPORATION NATIONAL INTERSTATE CORPORATION NAVIGATORS GROUP PROGRESSIVE CORPORATION PICO HOLDINGS, INC. PROASSURANCE CORPORATION RLI CORPORATION SAFETY INSURANCE GROUP, INC. SEABRIGHT HOLDINGS, INC. SHORE BANCSHARES, INC. SELECTIVE INSURANCE GROUP STATE AUTO FINANCIAL 21ST CENTURY HOLDING COMPANY HANOVER INSURANCE GROUP, INC. TRANSATLANTIC HOLDINGS, INC. TRAVELERS COMPANIES, INC. TOWER GROUP, INC. UNITED FIRE & CASUALTY CO. UNITED INSURANCE HOLDINGS CORP UNICO AMERICAN CORPORATION UNIVERSAL INSURANCE HOLDINGS, INC. WR BERKLEY CORP ALLEGHANY CORP DEL SIC CODE 635 ACMAT CORPORATION A FIDELITY NATIONAL FINANCIAL INC. MBIA INC MGIC INVESTMENT CORPORATION OLD REPUBLIC INTERNATIONAL PMI GROUP, INC. RADIAN GROUP, INC. SINO ASSURANCE INC. SECURITY NATIONAL FINANCIAL CORPORATION A TRIAD GUARANTY INC. SIC CODE 6351 ACMAT CORPORATION A FIDELITY NATIONAL FINANCIAL INC. MBIA INC MGIC INVESTMENT CORPORATION ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report OLD REPUBLIC INTERNATIONAL PMI GROUP, INC. RADIAN GROUP, INC. SINO ASSURANCE INC. SECURITY NATIONAL FINANCIAL CORPORATION A TRIAD GUARANTY INC. SIC CODE 636 FIRST AMERICAN FINANCIAL CORP FIDELITY NATIONAL FINANCIAL INC. INVESTORS TITLE COMPANY OLD REPUBLIC INTERNATIONAL STEWART INFORMATION SERVICES, INC. SIC CODE 6361 FIRST AMERICAN FINANCIAL CORP FIDELITY NATIONAL FINANCIAL INC. INVESTORS TITLE COMPANY OLD REPUBLIC INTERNATIONAL STEWART INFORMATION SERVICES, INC. SIC CODE 64 AAA PUB ADJUSTING GROUP, INC. ARTHUR J. GALLAGHER & CO. AON CORP. BERKSHIRE HILLS BANCORP, INC. BROWN & BROWN, INC. BANCORPSOUTH INC. CATALYST HEALTH SOLUTIONS, INC. CRAWFORD & COMPANY B CORVEL CORPORATION EHEALTH, INC. ERIE INDEMNITY COMPANY A KINGSTONE COMPANIES, INC. KKR & CO LP LINCOLN NATIONAL CORP (RADNOR, PA) METLIFE INC NATIONAL FINANCIAL PARTNERS CORPORATION PROGREEN PROPERTIES, INC. RUBICON FINANCIAL, INC. SANDY SPRING BANCORP, INC. TOWNE BANK, INC. VANTONE INTERNATIONAL GROUP, INC. SIC CODE 641 AAA PUB ADJUSTING GROUP, INC. ARTHUR J. GALLAGHER & CO. AON CORP. BERKSHIRE HILLS BANCORP, INC. BROWN & BROWN, INC. BANCORPSOUTH INC. CATALYST HEALTH SOLUTIONS, INC. CRAWFORD & COMPANY B CORVEL CORPORATION EHEALTH, INC. ERIE INDEMNITY COMPANY A KINGSTONE COMPANIES, INC. KKR & CO LP LINCOLN NATIONAL CORP (RADNOR, PA) METLIFE INC NATIONAL FINANCIAL PARTNERS CORPORATION PROGREEN PROPERTIES, INC. RUBICON FINANCIAL, INC. SANDY SPRING BANCORP, INC. TOWNE BANK, INC. VANTONE INTERNATIONAL GROUP, INC. SIC CODE 6411 AAA PUB ADJUSTING GROUP, INC. ARTHUR J. GALLAGHER & CO. AON CORP. BERKSHIRE HILLS BANCORP, INC. BROWN & BROWN, INC. BANCORPSOUTH INC. CATALYST HEALTH SOLUTIONS, INC. CRAWFORD & COMPANY B CORVEL CORPORATION EHEALTH, INC. ERIE INDEMNITY COMPANY A KINGSTONE COMPANIES, INC. KKR & CO LP LINCOLN NATIONAL CORP (RADNOR, PA) METLIFE INC 64 Stocks, Bonds, Bills, and Inflation NATIONAL FINANCIAL PARTNERS CORPORATION PROGREEN PROPERTIES, INC. RUBICON FINANCIAL, INC. SANDY SPRING BANCORP, INC. TOWNE BANK, INC. VANTONE INTERNATIONAL GROUP, INC. SIC CODE 65 ASSOCIATED ESTATES REALTY CORP. ANGEL ACQUISITION CORPORATION ALICO, INC. ALEXANDER & BALDWIN, INC. AMERICAN REALTY INVESTORS, INC. SOTHEBYS A BLUE RIDGE REAL ESTATE BIRCH BRANCH, INC. CAMPUS CREST COMMUNITIES, INC. CHINA REDSTONE GROUP, INC. CKX LANDS, INC. CHINA PROPERTIES DEVEL CAPITAL PROPERTIES, INC. CONSOLIDATED-TOMOKA LAND COUSINS PROPERTIES, INC. DELTIC TIMBER CORPORATION DUPONT FABROS TECHNOLOGY INC DINEEQUITY INC EACO CORPORATION ELLINGTON FINANCIAL LLC ESSEX PROPERTY TRUST EXCEL TRUST, INC. EXTRA SPACE STORAGE, INC. FIRST ACCEPTANCE CORPORATION FRANKLIN COVEY COMPANY FOREST CITY ENTERPRISES INC B FIRST HARTFORD CORPORATION FORESTAR GROUP, INC. GRUBB & ELLIS COMPANY CHINA INFRASTRUCTURE HOLDINGS LTD. GOLDEN GATE HOMES, INC. GLADSTONE COMMERCIAL CORPORATION GYRODYNE COMPANY OF AMERICA CHINA HGS REAL ESTATE, INC. HIGHWOODS PROPERTIES INC HMG/COURTLAND PROPERTIES HOMEFED CORPORATION HUDSON PACIFIC PROPERTIES, INC. ICAHN ENTERPRISES LP INGLES MARKETS, INC. A SUMMIT HOTEL PROPERTIES, INC. INTERGROUP CORPORATION JONES LANG LASALLE, INC. ST. JOE CORPORATION KAANAPALI LAND LLC LOOPNET, INC. J.W. MAYS, INC. MILLER INDUSTRIES, INC. MAUI LAND & PINEAPPLE COMPANY, INC. MERUELO MADDUX PROPERTIES, INC. VAIL RESORTS, INC. MEADWESTVACO CORPORATION NEW ENGLAND REALTY ASSOCIATES LP NOVASTAR FINANCIAL, INC. NEW BASTION DEVELOPMENT INC. OAKRIDGE HOLDINGS, INC. OMNI VENTURES, INC. PATRIOT TRANSPORTATION HOLDINGS, INC. PACIFIC OFFICE PROPERTIES TRUST, INC. POTLATCH CORP. PLUM CREEK TIMBER CO INC PIEDMONT OFFICE REALTY TRUST, INC. PICO HOLDINGS, INC. ORPHEUM PROPERTY, INC. PORTSMOUTH SQUARE, INC. PUBLIC STORAGE REIS, INC. ROYAL INVEST INTERNATIONAL CORP ROBERTS REALTY INVESTORS, INC. SANTA FE FINANCIAL CORPORATION SJW CORPORATION SPINDLETOP OIL & GAS COMPANY STEWART ENTERPRISES, INC. STONEMOR PARTNERS LP STRATUS PROPERTIES, INC. TRANSCONTINENTAL REALTY TRANS-LUX CORPORATION THOMAS PROPERTIES GROUP, INC. TEXAS PACIFIC LAND TRUST TEJON RANCH CORPORATION TRIO-TECH INTERNATIONAL U.S. ENERGY CORP. WEBDIGS INC WALKER & DUNLOP, INC. WILSHIRE ENTERPRISES, INC. W.P. CAREY & CO. LLC ANGELES PARTNERS XII BOSTON CAPITAL TAX CREDIT FUND LP CONS CAP GROWTH FD LIMITED PARTNERSHIP ZIPREALTY, INC. CORESTREAM ENERGY, INC. SIC CODE 651 ALICO, INC. AMERICAN REALTY INVESTORS, INC. CAMPUS CREST COMMUNITIES, INC. CAPITAL PROPERTIES, INC. DUPONT FABROS TECHNOLOGY INC DINEEQUITY INC EACO CORPORATION FRANKLIN COVEY COMPANY FOREST CITY ENTERPRISES INC B FORESTAR GROUP, INC. GOLDEN GATE HOMES, INC. GLADSTONE COMMERCIAL CORPORATION GYRODYNE COMPANY OF AMERICA CHINA HGS REAL ESTATE, INC. HIGHWOODS PROPERTIES INC HMG/COURTLAND PROPERTIES HOMEFED CORPORATION HUDSON PACIFIC PROPERTIES, INC. ICAHN ENTERPRISES LP SUMMIT HOTEL PROPERTIES, INC. INTERGROUP CORPORATION J.W. MAYS, INC. MILLER INDUSTRIES, INC. VAIL RESORTS, INC. NEW ENGLAND REALTY ASSOCIATES LP OMNI VENTURES, INC. PATRIOT TRANSPORTATION HOLDINGS, INC. POTLATCH CORP. PIEDMONT OFFICE REALTY TRUST, INC. ORPHEUM PROPERTY, INC. PUBLIC STORAGE REIS, INC. TRANS-LUX CORPORATION THOMAS PROPERTIES GROUP, INC. TEJON RANCH CORPORATION W.P. CAREY & CO. LLC ANGELES PARTNERS XII BOSTON CAPITAL TAX CREDIT FUND LP SIC CODE 6512 AMERICAN REALTY INVESTORS, INC. CAMPUS CREST COMMUNITIES, INC. FOREST CITY ENTERPRISES INC B GYRODYNE COMPANY OF AMERICA HOMEFED CORPORATION ICAHN ENTERPRISES LP SUMMIT HOTEL PROPERTIES, INC. J.W. MAYS, INC. MILLER INDUSTRIES, INC. VAIL RESORTS, INC. PATRIOT TRANSPORTATION HOLDINGS, INC. PIEDMONT OFFICE REALTY TRUST, INC. ORPHEUM PROPERTY, INC. PUBLIC STORAGE TEJON RANCH CORPORATION W.P. CAREY & CO. LLC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SIC CODE 6513 FOREST CITY ENTERPRISES INC B CHINA HGS REAL ESTATE, INC. HIGHWOODS PROPERTIES INC INTERGROUP CORPORATION NEW ENGLAND REALTY ASSOCIATES LP POTLATCH CORP. ANGELES PARTNERS XII BOSTON CAPITAL TAX CREDIT FUND LP SIC CODE 6519 ALICO, INC. CAPITAL PROPERTIES, INC. DUPONT FABROS TECHNOLOGY INC DINEEQUITY INC EACO CORPORATION FRANKLIN COVEY COMPANY GLADSTONE COMMERCIAL CORPORATION HMG/COURTLAND PROPERTIES HUDSON PACIFIC PROPERTIES, INC. OMNI VENTURES, INC. SIC CODE 653 ASSOCIATED ESTATES REALTY CORP. ANGEL ACQUISITION CORPORATION SOTHEBYS A BLUE RIDGE REAL ESTATE BIRCH BRANCH, INC. CHINA PROPERTIES DEVEL ELLINGTON FINANCIAL LLC ESSEX PROPERTY TRUST EXCEL TRUST, INC. EXTRA SPACE STORAGE, INC. FIRST ACCEPTANCE CORPORATION FIRST HARTFORD CORPORATION GRUBB & ELLIS COMPANY CHINA INFRASTRUCTURE HOLDINGS LTD. ICAHN ENTERPRISES LP INGLES MARKETS, INC. A JONES LANG LASALLE, INC. LOOPNET, INC. MAUI LAND & PINEAPPLE COMPANY, INC. MERUELO MADDUX PROPERTIES, INC. MEADWESTVACO CORPORATION NOVASTAR FINANCIAL, INC. PACIFIC OFFICE PROPERTIES TRUST, INC. PLUM CREEK TIMBER CO INC PICO HOLDINGS, INC. REIS, INC. ROYAL INVEST INTERNATIONAL CORP SANTA FE FINANCIAL CORPORATION SJW CORPORATION SPINDLETOP OIL & GAS COMPANY TEXAS PACIFIC LAND TRUST TEJON RANCH CORPORATION TRIO-TECH INTERNATIONAL U.S. ENERGY CORP. WEBDIGS INC WALKER & DUNLOP, INC. WILSHIRE ENTERPRISES, INC. ZIPREALTY, INC. CORESTREAM ENERGY, INC. SIC CODE 6531 ASSOCIATED ESTATES REALTY CORP. ANGEL ACQUISITION CORPORATION SOTHEBYS A BLUE RIDGE REAL ESTATE BIRCH BRANCH, INC. CHINA PROPERTIES DEVEL ELLINGTON FINANCIAL LLC ESSEX PROPERTY TRUST EXCEL TRUST, INC. EXTRA SPACE STORAGE, INC. FIRST ACCEPTANCE CORPORATION FIRST HARTFORD CORPORATION GRUBB & ELLIS COMPANY CHINA INFRASTRUCTURE HOLDINGS LTD. ICAHN ENTERPRISES LP INGLES MARKETS, INC. A JONES LANG LASALLE, INC. 65 Stocks, Bonds, Bills, and Inflation LOOPNET, INC. MAUI LAND & PINEAPPLE COMPANY, INC. MERUELO MADDUX PROPERTIES, INC. MEADWESTVACO CORPORATION NOVASTAR FINANCIAL, INC. PACIFIC OFFICE PROPERTIES TRUST, INC. PLUM CREEK TIMBER CO INC PICO HOLDINGS, INC. REIS, INC. ROYAL INVEST INTERNATIONAL CORP SANTA FE FINANCIAL CORPORATION SJW CORPORATION SPINDLETOP OIL & GAS COMPANY TEXAS PACIFIC LAND TRUST TEJON RANCH CORPORATION TRIO-TECH INTERNATIONAL U.S. ENERGY CORP. WEBDIGS INC WALKER & DUNLOP, INC. WILSHIRE ENTERPRISES, INC. ZIPREALTY, INC. CORESTREAM ENERGY, INC. SIC CODE 655 ALEXANDER & BALDWIN, INC. CHINA REDSTONE GROUP, INC. CKX LANDS, INC. CONSOLIDATED-TOMOKA LAND COUSINS PROPERTIES, INC. DELTIC TIMBER CORPORATION FOREST CITY ENTERPRISES INC B ST. JOE CORPORATION KAANAPALI LAND LLC NEW BASTION DEVELOPMENT INC. OAKRIDGE HOLDINGS, INC. PORTSMOUTH SQUARE, INC. ROBERTS REALTY INVESTORS, INC. STEWART ENTERPRISES, INC. STONEMOR PARTNERS LP STRATUS PROPERTIES, INC. TRANSCONTINENTAL REALTY SIC CODE 6552 ALEXANDER & BALDWIN, INC. CKX LANDS, INC. CONSOLIDATED-TOMOKA LAND COUSINS PROPERTIES, INC. DELTIC TIMBER CORPORATION FOREST CITY ENTERPRISES INC B ST. JOE CORPORATION KAANAPALI LAND LLC NEW BASTION DEVELOPMENT INC. OAKRIDGE HOLDINGS, INC. PORTSMOUTH SQUARE, INC. ROBERTS REALTY INVESTORS, INC. STRATUS PROPERTIES, INC. TRANSCONTINENTAL REALTY SIC CODE 67 AMERICAN ASSETS TRUST, INC. ARBOR REALTY TRUST, INC. AMERICAN CAPITAL LTD AMERICAN CAMPUS COMMUNITIES, INC. AMERICAN CHURCH MORTGAGE COMPANY ACACIA RESEARCH COROPORATION AGREE REALTY CORPORATION ASSOCIATED ESTATES REALTY CORP. AMERICAN CAPITAL AGENCY CORP. AMERIGO ENERGY, INC. ASHFORD HOSPITALITY TRUST, INC. APOLLO INVESTMENT CORP BDC APARTMENT INVESTMENT & MANAGEMENT ACADIA REALTY TRUST ALEXANDER'S INC. AMERICAN INTERNATIONAL INDUSTRIES, INC. AMPAL-AMERICAN ISRAEL CORPORATION APOLLO RESIDENTIAL MORTGAGE INC ANWORTH MORTGAGE ASSET CORPORATION AMERICAN RESTAURANT CONCEPTS, INC. ADVANCED OXYGEN TECHNOLOGIES, INC. APOLLO CAPITAL GROUP, INC. AMERICAN SPECTRUM REALTY, INC. ARES CAPITAL CORPORATION BDC ALEXANDRIA REAL ESTATE EQUITIES INC APOLLO COMMERCIAL REAL ESTATE FINANCE ARMOUR RESIDENTIAL REIT INC ASSOCIATED BANC-CORP ASTEA INTERNATIONAL, INC. AVALONBAY COMMUNITIES INC AMERICAN EXPRESS CO BRANDYWINE REALTY TRUST STRATEGIC HOTEL & RESORTS, INC. BEN FRANKLIN FINANCIAL, INC. SAUL CENTERS, INC. BIGLARI HOLDINGS, INC. BLACKHAWK CAP GROUP BDC BKF CAPITAL GROUP, INC. BIMINI CAPITAL MANAGEMENT, INC. BIOMED REALTY TRUST INC BRE PROPERTIES, INC. BRT REALTY TRUST BLACKSTONE GROUP LP BOSTON PROPERTIES INC CHOICE BANCORP, INC. CBL & ASSOCIATES PROPERTIES, INC. CARIBOU COFFEE COMPANY, INC. COMMERCE BANCSHARES, INC. CHANTICLEER HOLDINGS, INC. CEDAR REALTY TRUST INC CARD ACTIVATION TECHNOLOGIES, INC. NUVEEN DIVERSIFIED COMMODITY FUND CHINA FORESTRY, INC. CHESAPEAKE LODGING TRUST CHATHAM LODGING TRUST MACK-CALI REALTY CORP COLONY FINANCIAL INC COLONIAL PROPERTIES TRUST CMG HOLDINGS, INC. CAPSTEAD MORTGAGE CORPORATION CNB BANCORP, INC. CANANDAIGUA NATIONAL CP COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CORESITE REALTY CORP CAMDEN PROPERTY TRUST CAREPAYMENT TECHNOLOGIES, INC. CITIZENS REPUBLIC BANCORP INC CARBON NATURAL GAS CO CROSS TIMBERS ROYALTY CHINA RUTAI INTL HLDNGS CROWN EQUITY HOLDINGS, INC. COGDELL SPENCER, INC. CAPITALSOURCE INC CHINA SHUANGJI CEMENT CAPITAL SOUTHWEST CORPORATION CAPITAL TRUST, INC. A CTI GROUP HOLDINGS, INC. COMPETITIVE TECHNOLOGIES, INC. CUBESMART COUSINS PROPERTIES, INC. CARE INVESTMENT TRUST, INC. COMMONWEALTH REIT CREXUS INVESTMENT CORP CITY NATIONAL CORP CYS INVESTMENTS INC DCT INDUSTRIAL TRUST, INC. DDR CORP DOUGLAS EMMETT, INC. DIGITAL REALTY TRUST, INC. DOMINION RESOURCES BLACK WARRIOR TRUST DUKE REALTY CORP CN DRAGON CORP DIAMONDROCK HOSPITALITY COMPANY DVL, INC. DYNEX CAPITAL, INC. EDUCATION REALTY TRUST, INC. EASTGROUP PROPERTIES, INC. EASTERN LIGHT CAPITAL, INC. EQUITY LIFESTYLE PROPERTIES, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report E & M GROUP, INC. EMBASSY BANCORP, INC. ENTERTAINMENT PROPERTIES TRUST EQUITY RESIDENTIAL EQUITY ONE, INC. ENVIROSTAR INC EXTRA SPACE STORAGE, INC. FELCOR LODGING TRUST INC FCCC, INC. FOODFEST INTERNATIONAL 2000, INC. FIDUS INVESTMENT CORP FORTRESS INVESTMENT GROUP LLC A FORTRESS INTERNATIONAL GROUP, INC. FAIRMOUNT BANCORP, INC. F.N.B. CORPORATION FIRST POTOMAC REALTY TRUST FIRST INDUSTRIAL REALTY TRUST INC FIRST REIT OF NEW JERSEY FEDERAL REALTY INVESTMENT TRUST FRATERNITY COMMUNITY BANCORP INC FRANKLIN STREET PROPERTIES CORPORATION WINTHROP REALTY TRUST, INC. GLADSTONE INVESTMENT CORPORATION BDC GENERAL ELECTRIC CO GUESS, INC. GENERAL GROWTH PROPERTIES INC GRAMERCY CAPITAL CORPORATION GLADSTONE CAPITAL CORP BDC GREAT NORTHERN IRON ORE GOVERNMENT PROPERTIES INCOME TRUST GLIMCHER REALTY TRUST GLOBE SPECIALTY METALS, INC. GEOSPATIAL HOLDINGS, INC. GETTY REALTY CORPORATION HEALTH CARE REIT, INC. HCP INC TEC TECHNOLOGY, INC. HUGOTON ROYALTY TRUST HOWARD HUGHES CORP HIGHWOODS PROPERTIES INC HOME PROPERTIES, INC. HMG/COURTLAND PROPERTIES HEWLETT-PACKARD CO HOSPITALITY PROPERTIES TRUST HEALTHCARE REALTY TRUST INC. HARBINGER GROUP, INC. HORIZON TECHNOLOGY FINANCE CORP HOST HOTELS & RESORTS INC HERSHA HOSPITALITY TRUST HATTERAS FINANCIAL CORPORATION INTEGRATED ENVIRONMENTAL TECHNOLOGIES INSTITUTIONAL FINANCIAL MARKETS, INC. INNSUITES HOSPITALITY TRUST IMPAC MORTGAGE HOLDINGS, INC. INCOME OPPORTUNITY REALTY INVESTORS INLAND REAL ESTATE CORPORATION INVESTORS REAL ESTATE TRUST IVOICE, INC. INVESCO MORTGAGE CAPITAL INC JER INVESTORS TRUST, INC. KOHLBERG CAPITAL CORPORATION BDC KIMCO REALTY CORP KEATING CAPITAL INC KIEWIT ROYALTY TRUST KRISPY KREME DOUGHNUT INC KILROY REALTY CORPORATION KITE REALTY GROUP TRUST KENNEDY-WILSON HOLDINGS, INC. LOS ANGELES SYNDICATE OF TECHNOLOGY, INC. DEFI GLOBAL, INC. LD HOLDINGS, INC. LENNAR CORPORATION LASALLE HOTEL PROPERTIES LIFE NUTRITION PRODUCTS, INC. LL&E ROYALTY TRUST LIBERTY PROPERTY TRUST CAPLEASE, INC. LTC PROPERTIES, INC. 66 Stocks, Bonds, Bills, and Inflation LEUCADIA NATIONAL CORPORATION LEXINGTON REALTY TRUST MACERICH COMPANY MAIN STREET CAPITAL CORPORATION BDC MARINE PETROLEUM TRUST MEDLEY CAPITAL CORP MCG CAPITAL CORPORATION BDC MHI HOSPITALITY CORPORATION MODERN MOBILITY AIDS, INC. MFA FINANCIAL, INC. MGT CAPITAL INVESTMENTS, INC. MAUI LAND & PINEAPPLE COMPANY, INC. MUNICIPAL MORTGAGE & EQUITY, LLC MARSH & MCLENNAN COMPANIES, INC. MONMOUTH REAL ESTATE INVESTMENT CORP A ALTRIA GROUP INC. MPG OFFICE TRUST, INC. MEDICAL PROPERTIES TRUST, INC. MESABI TRUST MISSION WEST PROPERTIES AMERICAN CAPITAL MORTGAGE INVESTMENT MESA ROYALTY TRUST NEWCASTLE INVESTMENT CORPORATION NEWTEK BUSINESS SERVICES, INC. NGP CAPITAL RESOURCES COMPANY BDC EASTERN AMERICAN NATURAL GAS TRUST NATIONAL HEALTH INVESTORS, INC. NTS REALTY HOLDINGS LP ANNALY CAPITAL MANAGEMENT, INC. NEW MOUNTAIN FINANCE CORP NATIONAL RETAIL PROPERTIES INC NORTHSTAR REALTY FINANCE CORPORATION NORTH EUROPEAN OIL ROYALTY N-VIRO INTERNATIONAL CORPORATION NEW YORK MORTGAGE TRUST REALTY INCOME CORPORATION OMNIAMERICAN BANCORP, INC. CORPORATE OFFICE PROPERTIES TRUST, INC. OMEGA HEALTHCARE INVESTORS, INC. ONE LIBERTY PROPERTIES, INC. PORTER BANCORP, INC. POAGE BANKSHARES, INC. PERMIAN BASIN ROYALTY TRUST PMC COMMERCIAL TRUST POTLATCH CORP. PRESIDENTIAL REALTY CORPORATION A PEBBLEBROOK HOTEL TRUST PENNSYLVANIA REIT PEAPACK GLADSTONE FINANCIAL CORPORATION PROGUARD ACQUISITION CORPORATION PARKWAY PROPERTIES, INC. PROLOGIS INC PENNYMAC MORTGAGE INVESTMENT TRUST PENNANT PARK INVESTMENT CORPORATION BDC POST PROPERTIES INC PRIMERICA, INC. PARAGON REAL ESTATE EQUITY AND INVESTMENT TRUST PUBLIC STORAGE PS BUSINESS PARKS, INC. PROSPECT CAPITAL CORPORATION BDC PTS, INC. POWER REIT PAPA JOHN'S INTERNATIONAL INC. QUICK-MED TECHNOLOGIES, INC. RAND CAPITAL CORPORATION RAIT FINANCIAL TRUST RESEARCH FRONTIERS REGENCY CENTERS CORPORATION RESOURCE AMERICA, INC. A ROYAL GOLD, INC. ROBERTSON GLOBAL HEALTH SOLUTIONS CORP RED LION HOTELS CORPORATION RLJ LODGING TRUST RADIANT OIL & GAS, INC. RETAIL OPPORTUNITY INVESTMENTS CORP. ROBERTS REALTY INVESTORS, INC. RAMCO-GERSHENSON PROPERTIES TRUST RESOURCE CAPITAL CORPORATION REDWOOD TRUST, INC. SABINE ROYALTY TRUST SABRA HEALTH CARE REIT, INC. SCIENTIFIC ENERGY, INC. ISTAR FINANCIAL, INC. SUGARMADE INC SUNSTONE HOTEL INVESTORS, INC. SAN JUAN BASIN ROYALTY TANGER FACTORY OUTLET CENTERS SL GREEN REALTY CORPORATION SOLAR CAPITAL, LTD. BDC SENIOR HOUSING PROPERTIES TRUST SIMON PROPERTY GROUP INC SUPERTEL HOSPITALITY, INC. SORRENTO THERAPEUTICS, INC. SRS LABS, INC. SENTISEARCH, INC. SOVRAN SELF STORAGE, INC. STAG INDUSTRIAL, INC. STATE BANK FINANCIAL CORP STARINVEST GROUP, INC. STARWOOD PROPERTY TRUST INC SUN COMMUNITIES TAXMASTERS, INC. TRANSCONTINENTAL REALTY TAUBMAN CENTERS, INC. HARRIS & HARRIS GROUP, INC. TIDELANDS ROYALTY TRUST TOMPKINS FINANCIAL CORPORATION TOMI ENVIRONMENTAL SOLUTIONS, INC. TURBODYNE TECHNOLOGIES, INC. TREE.COM, INC. TERRENO REALTY CORPORATION TORCH ENERGY ROYALTY TRUST TWO RIVERS WATER COMPANY TWO HARBORS INVESTMENT CORP URSTADT BIDDLE PROPERTIES, INC. UAN CULTURAL & CREATIVE CO., LTD. UNIVERSAL CAPITAL MANAGEMENT, INC. UNITED MORTGAGE TRUST UDR INC UFOOD RESTAURANT GRP, INC. UNIVERSAL HEALTH REALTY INCOME TRUST UMB FINANCIAL CORPORATION UMH PROPERTIES INC VANITY EVENTS HOLDING, INC. VIASPACE GREEN ENERGY, INC. FOREIGN ISSUE VIRNETX HOLDING CORP VISION INDUSTRIES CORP VORNADO REALTY TRUST VANTONE INTERNATIONAL GROUP, INC. VESTIN REALTY MORTGAGE I, INC. VESTIN REALTY MORTGAGE II, INC. VENTAS INC WESTMOUNTAIN ASSET MANAGEMENT, INC. WESTMOUNTAIN ALTERNATIVE ENERGY, INC. WINMARK CORPORATION WILLDAN GROUP, INC. W.P. CAREY & CO. LLC WASHINGTON REIT WEINGARTEN REALTY INVESTORS WESBANCO, INC. WHITESTONE REIT B XUN ENERGY, INC. CORPORATE PROPERTY ASSOCIATES INC LIMITED PARTNERS SIC CODE 671 APOLLO CAPITAL GROUP, INC. AMERICAN EXPRESS CO BEN FRANKLIN FINANCIAL, INC. BKF CAPITAL GROUP, INC. CHOICE BANCORP, INC. CHINA FORESTRY, INC. CNB BANCORP, INC. CAREPAYMENT TECHNOLOGIES, INC. EMBASSY BANCORP, INC. FCCC, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report FAIRMOUNT BANCORP, INC. FRATERNITY COMMUNITY BANCORP INC GENERAL ELECTRIC CO GLOBE SPECIALTY METALS, INC. GEOSPATIAL HOLDINGS, INC. TEC TECHNOLOGY, INC. HARBINGER GROUP, INC. LIFE NUTRITION PRODUCTS, INC. MGT CAPITAL INVESTMENTS, INC. NEWTEK BUSINESS SERVICES, INC. OMNIAMERICAN BANCORP, INC. PORTER BANCORP, INC. POAGE BANKSHARES, INC. PROGUARD ACQUISITION CORPORATION PTS, INC. RAND CAPITAL CORPORATION RESOURCE AMERICA, INC. A ROYAL GOLD, INC. STATE BANK FINANCIAL CORP TAXMASTERS, INC. SIC CODE 6712 AMERICAN EXPRESS CO BEN FRANKLIN FINANCIAL, INC. CHOICE BANCORP, INC. CNB BANCORP, INC. EMBASSY BANCORP, INC. FAIRMOUNT BANCORP, INC. FRATERNITY COMMUNITY BANCORP INC OMNIAMERICAN BANCORP, INC. PORTER BANCORP, INC. POAGE BANKSHARES, INC. STATE BANK FINANCIAL CORP SIC CODE 6719 APOLLO CAPITAL GROUP, INC. BKF CAPITAL GROUP, INC. CHINA FORESTRY, INC. CAREPAYMENT TECHNOLOGIES, INC. FCCC, INC. GENERAL ELECTRIC CO GLOBE SPECIALTY METALS, INC. GEOSPATIAL HOLDINGS, INC. TEC TECHNOLOGY, INC. HARBINGER GROUP, INC. LIFE NUTRITION PRODUCTS, INC. MGT CAPITAL INVESTMENTS, INC. NEWTEK BUSINESS SERVICES, INC. PROGUARD ACQUISITION CORPORATION PTS, INC. RAND CAPITAL CORPORATION RESOURCE AMERICA, INC. A ROYAL GOLD, INC. TAXMASTERS, INC. SIC CODE 672 BLACKSTONE GROUP LP CHANTICLEER HOLDINGS, INC. CAPITAL SOUTHWEST CORPORATION CITY NATIONAL CORP FORTRESS INVESTMENT GROUP LLC A KIEWIT ROYALTY TRUST MUNICIPAL MORTGAGE & EQUITY, LLC MARSH & MCLENNAN COMPANIES, INC. PENNYMAC MORTGAGE INVESTMENT TRUST PRIMERICA, INC. STARINVEST GROUP, INC. UAN CULTURAL & CREATIVE CO., LTD. UMB FINANCIAL CORPORATION VANTONE INTERNATIONAL GROUP, INC. WILLDAN GROUP, INC. SIC CODE 6722 BLACKSTONE GROUP LP CITY NATIONAL CORP FORTRESS INVESTMENT GROUP LLC A MARSH & MCLENNAN COMPANIES, INC. PENNYMAC MORTGAGE INVESTMENT TRUST PRIMERICA, INC. UAN CULTURAL & CREATIVE CO., LTD. UMB FINANCIAL CORPORATION WILLDAN GROUP, INC. 67 Stocks, Bonds, Bills, and Inflation SIC CODE 6726 CHANTICLEER HOLDINGS, INC. CAPITAL SOUTHWEST CORPORATION KIEWIT ROYALTY TRUST MUNICIPAL MORTGAGE & EQUITY, LLC STARINVEST GROUP, INC. VANTONE INTERNATIONAL GROUP, INC. SIC CODE 673 ASSOCIATED BANC-CORP COMMERCE BANCSHARES, INC. CANANDAIGUA NATIONAL CP CITIZENS REPUBLIC BANCORP INC F.N.B. CORPORATION GREAT NORTHERN IRON ORE RESOURCE AMERICA, INC. A TOMPKINS FINANCIAL CORPORATION UMB FINANCIAL CORPORATION WESBANCO, INC. SIC CODE 6733 ASSOCIATED BANC-CORP COMMERCE BANCSHARES, INC. CANANDAIGUA NATIONAL CP CITIZENS REPUBLIC BANCORP INC F.N.B. CORPORATION GREAT NORTHERN IRON ORE RESOURCE AMERICA, INC. A TOMPKINS FINANCIAL CORPORATION UMB FINANCIAL CORPORATION WESBANCO, INC. SIC CODE 679 AMERICAN ASSETS TRUST, INC. ARBOR REALTY TRUST, INC. AMERICAN CAPITAL LTD AMERICAN CAMPUS COMMUNITIES, INC. AMERICAN CHURCH MORTGAGE COMPANY ACACIA RESEARCH COROPORATION AGREE REALTY CORPORATION ASSOCIATED ESTATES REALTY CORP. AMERICAN CAPITAL AGENCY CORP. AMERIGO ENERGY, INC. ASHFORD HOSPITALITY TRUST, INC. APOLLO INVESTMENT CORP BDC APARTMENT INVESTMENT & MANAGEMENT ACADIA REALTY TRUST ALEXANDER'S INC. AMERICAN INTERNATIONAL INDUSTRIES, INC. AMPAL-AMERICAN ISRAEL CORPORATION APOLLO RESIDENTIAL MORTGAGE INC ANWORTH MORTGAGE ASSET CORPORATION AMERICAN RESTAURANT CONCEPTS, INC. ADVANCED OXYGEN TECHNOLOGIES, INC. AMERICAN SPECTRUM REALTY, INC. ARES CAPITAL CORPORATION BDC ALEXANDRIA REAL ESTATE EQUITIES INC APOLLO COMMERCIAL REAL ESTATE FINANCE ARMOUR RESIDENTIAL REIT INC ASTEA INTERNATIONAL, INC. AVALONBAY COMMUNITIES INC BRANDYWINE REALTY TRUST STRATEGIC HOTEL & RESORTS, INC. SAUL CENTERS, INC. BIGLARI HOLDINGS, INC. BLACKHAWK CAP GROUP BDC BIMINI CAPITAL MANAGEMENT, INC. BIOMED REALTY TRUST INC BRE PROPERTIES, INC. BRT REALTY TRUST BOSTON PROPERTIES INC CBL & ASSOCIATES PROPERTIES, INC. CARIBOU COFFEE COMPANY, INC. CEDAR REALTY TRUST INC CARD ACTIVATION TECHNOLOGIES, INC. NUVEEN DIVERSIFIED COMMODITY FUND CHESAPEAKE LODGING TRUST CHATHAM LODGING TRUST MACK-CALI REALTY CORP COLONY FINANCIAL INC COLONIAL PROPERTIES TRUST CMG HOLDINGS, INC. CAPSTEAD MORTGAGE CORPORATION COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CORESITE REALTY CORP CAMDEN PROPERTY TRUST CARBON NATURAL GAS CO CROSS TIMBERS ROYALTY CHINA RUTAI INTL HLDNGS CROWN EQUITY HOLDINGS, INC. COGDELL SPENCER, INC. CAPITALSOURCE INC CHINA SHUANGJI CEMENT CAPITAL TRUST, INC. A CTI GROUP HOLDINGS, INC. COMPETITIVE TECHNOLOGIES, INC. CUBESMART COUSINS PROPERTIES, INC. CARE INVESTMENT TRUST, INC. COMMONWEALTH REIT CREXUS INVESTMENT CORP CYS INVESTMENTS INC DCT INDUSTRIAL TRUST, INC. DDR CORP DOUGLAS EMMETT, INC. DIGITAL REALTY TRUST, INC. DOMINION RESOURCES BLACK WARRIOR TRUST DUKE REALTY CORP CN DRAGON CORP DIAMONDROCK HOSPITALITY COMPANY DVL, INC. DYNEX CAPITAL, INC. EDUCATION REALTY TRUST, INC. EASTGROUP PROPERTIES, INC. EASTERN LIGHT CAPITAL, INC. EQUITY LIFESTYLE PROPERTIES, INC. E & M GROUP, INC. ENTERTAINMENT PROPERTIES TRUST EQUITY RESIDENTIAL EQUITY ONE, INC. ENVIROSTAR INC EXTRA SPACE STORAGE, INC. FELCOR LODGING TRUST INC FOODFEST INTERNATIONAL 2000, INC. FIDUS INVESTMENT CORP FORTRESS INTERNATIONAL GROUP, INC. FIRST POTOMAC REALTY TRUST FIRST INDUSTRIAL REALTY TRUST INC FIRST REIT OF NEW JERSEY FEDERAL REALTY INVESTMENT TRUST FRANKLIN STREET PROPERTIES CORPORATION WINTHROP REALTY TRUST, INC. GLADSTONE INVESTMENT CORPORATION BDC GUESS, INC. GENERAL GROWTH PROPERTIES INC GRAMERCY CAPITAL CORPORATION GLADSTONE CAPITAL CORP BDC GOVERNMENT PROPERTIES INCOME TRUST GLIMCHER REALTY TRUST GETTY REALTY CORPORATION HEALTH CARE REIT, INC. HCP INC HUGOTON ROYALTY TRUST HOWARD HUGHES CORP HIGHWOODS PROPERTIES INC HOME PROPERTIES, INC. HMG/COURTLAND PROPERTIES HEWLETT-PACKARD CO HOSPITALITY PROPERTIES TRUST HEALTHCARE REALTY TRUST INC. HORIZON TECHNOLOGY FINANCE CORP HOST HOTELS & RESORTS INC HERSHA HOSPITALITY TRUST HATTERAS FINANCIAL CORPORATION INTEGRATED ENVIRONMENTAL TECHNOLOGIES INSTITUTIONAL FINANCIAL MARKETS, INC. INNSUITES HOSPITALITY TRUST IMPAC MORTGAGE HOLDINGS, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report INCOME OPPORTUNITY REALTY INVESTORS INLAND REAL ESTATE CORPORATION INVESTORS REAL ESTATE TRUST IVOICE, INC. INVESCO MORTGAGE CAPITAL INC JER INVESTORS TRUST, INC. KOHLBERG CAPITAL CORPORATION BDC KIMCO REALTY CORP KEATING CAPITAL INC KRISPY KREME DOUGHNUT INC KILROY REALTY CORPORATION KITE REALTY GROUP TRUST KENNEDY-WILSON HOLDINGS, INC. LOS ANGELES SYNDICATE OF TECHNOLOGY, INC. DEFI GLOBAL, INC. LD HOLDINGS, INC. LENNAR CORPORATION LASALLE HOTEL PROPERTIES LL&E ROYALTY TRUST LIBERTY PROPERTY TRUST CAPLEASE, INC. LTC PROPERTIES, INC. LEUCADIA NATIONAL CORPORATION LEXINGTON REALTY TRUST MACERICH COMPANY MAIN STREET CAPITAL CORPORATION BDC MARINE PETROLEUM TRUST MEDLEY CAPITAL CORP MCG CAPITAL CORPORATION BDC MHI HOSPITALITY CORPORATION MODERN MOBILITY AIDS, INC. MFA FINANCIAL, INC. MAUI LAND & PINEAPPLE COMPANY, INC. MONMOUTH REAL ESTATE INVESTMENT CORP A ALTRIA GROUP INC. MPG OFFICE TRUST, INC. MEDICAL PROPERTIES TRUST, INC. MESABI TRUST MISSION WEST PROPERTIES AMERICAN CAPITAL MORTGAGE INVESTMENT MESA ROYALTY TRUST NEWCASTLE INVESTMENT CORPORATION NGP CAPITAL RESOURCES COMPANY BDC EASTERN AMERICAN NATURAL GAS TRUST NATIONAL HEALTH INVESTORS, INC. NTS REALTY HOLDINGS LP ANNALY CAPITAL MANAGEMENT, INC. NEW MOUNTAIN FINANCE CORP NATIONAL RETAIL PROPERTIES INC NORTHSTAR REALTY FINANCE CORPORATION NORTH EUROPEAN OIL ROYALTY N-VIRO INTERNATIONAL CORPORATION NEW YORK MORTGAGE TRUST REALTY INCOME CORPORATION CORPORATE OFFICE PROPERTIES TRUST, INC. OMEGA HEALTHCARE INVESTORS, INC. ONE LIBERTY PROPERTIES, INC. PERMIAN BASIN ROYALTY TRUST PMC COMMERCIAL TRUST POTLATCH CORP. PRESIDENTIAL REALTY CORPORATION A PEBBLEBROOK HOTEL TRUST PENNSYLVANIA REIT PEAPACK GLADSTONE FINANCIAL CORPORATION PARKWAY PROPERTIES, INC. PROLOGIS INC PENNANT PARK INVESTMENT CORPORATION BDC POST PROPERTIES INC PARAGON REAL ESTATE EQUITY AND INVESTMENT TRUST PUBLIC STORAGE PS BUSINESS PARKS, INC. PROSPECT CAPITAL CORPORATION BDC POWER REIT PAPA JOHN'S INTERNATIONAL INC. QUICK-MED TECHNOLOGIES, INC. RAIT FINANCIAL TRUST RESEARCH FRONTIERS 68 Stocks, Bonds, Bills, and Inflation REGENCY CENTERS CORPORATION ROBERTSON GLOBAL HEALTH SOLUTIONS CORP RED LION HOTELS CORPORATION RLJ LODGING TRUST RADIANT OIL & GAS, INC. RETAIL OPPORTUNITY INVESTMENTS CORP. ROBERTS REALTY INVESTORS, INC. RAMCO-GERSHENSON PROPERTIES TRUST RESOURCE CAPITAL CORPORATION REDWOOD TRUST, INC. SABINE ROYALTY TRUST SABRA HEALTH CARE REIT, INC. SCIENTIFIC ENERGY, INC. ISTAR FINANCIAL, INC. SUGARMADE INC SUNSTONE HOTEL INVESTORS, INC. SAN JUAN BASIN ROYALTY TANGER FACTORY OUTLET CENTERS SL GREEN REALTY CORPORATION SOLAR CAPITAL, LTD. BDC SENIOR HOUSING PROPERTIES TRUST SIMON PROPERTY GROUP INC SUPERTEL HOSPITALITY, INC. SORRENTO THERAPEUTICS, INC. SRS LABS, INC. SENTISEARCH, INC. SOVRAN SELF STORAGE, INC. STAG INDUSTRIAL, INC. STARWOOD PROPERTY TRUST INC SUN COMMUNITIES TRANSCONTINENTAL REALTY TAUBMAN CENTERS, INC. HARRIS & HARRIS GROUP, INC. TIDELANDS ROYALTY TRUST TOMI ENVIRONMENTAL SOLUTIONS, INC. TURBODYNE TECHNOLOGIES, INC. TREE.COM, INC. TERRENO REALTY CORPORATION TORCH ENERGY ROYALTY TRUST TWO RIVERS WATER COMPANY TWO HARBORS INVESTMENT CORP URSTADT BIDDLE PROPERTIES, INC. UNIVERSAL CAPITAL MANAGEMENT, INC. UNITED MORTGAGE TRUST UDR INC UFOOD RESTAURANT GRP, INC. UNIVERSAL HEALTH REALTY INCOME TRUST UMH PROPERTIES INC VANITY EVENTS HOLDING, INC. VIASPACE GREEN ENERGY, INC. FOREIGN ISSUE VIRNETX HOLDING CORP VISION INDUSTRIES CORP VORNADO REALTY TRUST VESTIN REALTY MORTGAGE I, INC. VESTIN REALTY MORTGAGE II, INC. VENTAS INC WESTMOUNTAIN ASSET MANAGEMENT, INC. WESTMOUNTAIN ALTERNATIVE ENERGY, INC. WINMARK CORPORATION W.P. CAREY & CO. LLC WASHINGTON REIT WEINGARTEN REALTY INVESTORS WHITESTONE REIT B XUN ENERGY, INC. CORPORATE PROPERTY ASSOCIATES INC LIMITED PARTNERS SIC CODE 6792 CROSS TIMBERS ROYALTY DOMINION RESOURCES BLACK WARRIOR TRUST HUGOTON ROYALTY TRUST LL&E ROYALTY TRUST MARINE PETROLEUM TRUST MESA ROYALTY TRUST EASTERN AMERICAN NATURAL GAS TRUST NORTH EUROPEAN OIL ROYALTY PERMIAN BASIN ROYALTY TRUST SABINE ROYALTY TRUST SAN JUAN BASIN ROYALTY TIDELANDS ROYALTY TRUST TORCH ENERGY ROYALTY TRUST SIC CODE 6794 ACACIA RESEARCH COROPORATION AMERICAN RESTAURANT CONCEPTS, INC. ADVANCED OXYGEN TECHNOLOGIES, INC. ASTEA INTERNATIONAL, INC. CARIBOU COFFEE COMPANY, INC. CARD ACTIVATION TECHNOLOGIES, INC. CTI GROUP HOLDINGS, INC. COMPETITIVE TECHNOLOGIES, INC. ENVIROSTAR INC GUESS, INC. INTEGRATED ENVIRONMENTAL TECHNOLOGIES KRISPY KREME DOUGHNUT INC MESABI TRUST N-VIRO INTERNATIONAL CORPORATION PAPA JOHN'S INTERNATIONAL INC. QUICK-MED TECHNOLOGIES, INC. RESEARCH FRONTIERS RED LION HOTELS CORPORATION SCIENTIFIC ENERGY, INC. SRS LABS, INC. SENTISEARCH, INC. UFOOD RESTAURANT GRP, INC. VIRNETX HOLDING CORP WINMARK CORPORATION SIC CODE 6798 AMERICAN ASSETS TRUST, INC. ARBOR REALTY TRUST, INC. AMERICAN CAMPUS COMMUNITIES, INC. AMERICAN CHURCH MORTGAGE COMPANY AGREE REALTY CORPORATION ASSOCIATED ESTATES REALTY CORP. AMERICAN CAPITAL AGENCY CORP. ASHFORD HOSPITALITY TRUST, INC. APARTMENT INVESTMENT & MANAGEMENT ACADIA REALTY TRUST ALEXANDER'S INC. APOLLO RESIDENTIAL MORTGAGE INC ANWORTH MORTGAGE ASSET CORPORATION ALEXANDRIA REAL ESTATE EQUITIES INC APOLLO COMMERCIAL REAL ESTATE FINANCE ARMOUR RESIDENTIAL REIT INC AVALONBAY COMMUNITIES INC BRANDYWINE REALTY TRUST STRATEGIC HOTEL & RESORTS, INC. SAUL CENTERS, INC. BIMINI CAPITAL MANAGEMENT, INC. BIOMED REALTY TRUST INC BRE PROPERTIES, INC. BRT REALTY TRUST BOSTON PROPERTIES INC CBL & ASSOCIATES PROPERTIES, INC. CEDAR REALTY TRUST INC CHESAPEAKE LODGING TRUST CHATHAM LODGING TRUST MACK-CALI REALTY CORP COLONY FINANCIAL INC COLONIAL PROPERTIES TRUST CMG HOLDINGS, INC. CAPSTEAD MORTGAGE CORPORATION CORESITE REALTY CORP CAMDEN PROPERTY TRUST COGDELL SPENCER, INC. CAPITALSOURCE INC CAPITAL TRUST, INC. A CUBESMART COUSINS PROPERTIES, INC. CARE INVESTMENT TRUST, INC. COMMONWEALTH REIT CREXUS INVESTMENT CORP CYS INVESTMENTS INC DCT INDUSTRIAL TRUST, INC. DDR CORP DOUGLAS EMMETT, INC. DIGITAL REALTY TRUST, INC. DUKE REALTY CORP ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report DIAMONDROCK HOSPITALITY COMPANY DVL, INC. DYNEX CAPITAL, INC. EDUCATION REALTY TRUST, INC. EASTGROUP PROPERTIES, INC. EASTERN LIGHT CAPITAL, INC. EQUITY LIFESTYLE PROPERTIES, INC. ENTERTAINMENT PROPERTIES TRUST EQUITY RESIDENTIAL EQUITY ONE, INC. EXTRA SPACE STORAGE, INC. FELCOR LODGING TRUST INC FIRST POTOMAC REALTY TRUST FIRST INDUSTRIAL REALTY TRUST INC FIRST REIT OF NEW JERSEY FEDERAL REALTY INVESTMENT TRUST FRANKLIN STREET PROPERTIES CORPORATION WINTHROP REALTY TRUST, INC. GENERAL GROWTH PROPERTIES INC GRAMERCY CAPITAL CORPORATION GOVERNMENT PROPERTIES INCOME TRUST GLIMCHER REALTY TRUST GETTY REALTY CORPORATION HEALTH CARE REIT, INC. HCP INC HOWARD HUGHES CORP HIGHWOODS PROPERTIES INC HOME PROPERTIES, INC. HMG/COURTLAND PROPERTIES HOSPITALITY PROPERTIES TRUST HEALTHCARE REALTY TRUST INC. HOST HOTELS & RESORTS INC HERSHA HOSPITALITY TRUST HATTERAS FINANCIAL CORPORATION INSTITUTIONAL FINANCIAL MARKETS, INC. INNSUITES HOSPITALITY TRUST IMPAC MORTGAGE HOLDINGS, INC. INCOME OPPORTUNITY REALTY INVESTORS INLAND REAL ESTATE CORPORATION INVESTORS REAL ESTATE TRUST INVESCO MORTGAGE CAPITAL INC JER INVESTORS TRUST, INC. KIMCO REALTY CORP KILROY REALTY CORPORATION KITE REALTY GROUP TRUST LENNAR CORPORATION LASALLE HOTEL PROPERTIES LIBERTY PROPERTY TRUST CAPLEASE, INC. LTC PROPERTIES, INC. LEUCADIA NATIONAL CORPORATION LEXINGTON REALTY TRUST MACERICH COMPANY MHI HOSPITALITY CORPORATION MFA FINANCIAL, INC. MAUI LAND & PINEAPPLE COMPANY, INC. MONMOUTH REAL ESTATE INVESTMENT CORP A MPG OFFICE TRUST, INC. MEDICAL PROPERTIES TRUST, INC. MISSION WEST PROPERTIES AMERICAN CAPITAL MORTGAGE INVESTMENT NEWCASTLE INVESTMENT CORPORATION NATIONAL HEALTH INVESTORS, INC. NTS REALTY HOLDINGS LP ANNALY CAPITAL MANAGEMENT, INC. NATIONAL RETAIL PROPERTIES INC NORTHSTAR REALTY FINANCE CORPORATION NEW YORK MORTGAGE TRUST REALTY INCOME CORPORATION CORPORATE OFFICE PROPERTIES TRUST, INC. OMEGA HEALTHCARE INVESTORS, INC. ONE LIBERTY PROPERTIES, INC. PMC COMMERCIAL TRUST POTLATCH CORP. PRESIDENTIAL REALTY CORPORATION A PEBBLEBROOK HOTEL TRUST PENNSYLVANIA REIT PEAPACK GLADSTONE FINANCIAL CORPORATION 69 Stocks, Bonds, Bills, and Inflation PARKWAY PROPERTIES, INC. PROLOGIS INC POST PROPERTIES INC PARAGON REAL ESTATE EQUITY AND INVESTMENT TRUST PUBLIC STORAGE PS BUSINESS PARKS, INC. POWER REIT RAIT FINANCIAL TRUST REGENCY CENTERS CORPORATION RLJ LODGING TRUST RETAIL OPPORTUNITY INVESTMENTS CORP. ROBERTS REALTY INVESTORS, INC. RAMCO-GERSHENSON PROPERTIES TRUST RESOURCE CAPITAL CORPORATION REDWOOD TRUST, INC. SABRA HEALTH CARE REIT, INC. ISTAR FINANCIAL, INC. SUNSTONE HOTEL INVESTORS, INC. TANGER FACTORY OUTLET CENTERS SL GREEN REALTY CORPORATION SENIOR HOUSING PROPERTIES TRUST SIMON PROPERTY GROUP INC SUPERTEL HOSPITALITY, INC. SOVRAN SELF STORAGE, INC. STAG INDUSTRIAL, INC. STARWOOD PROPERTY TRUST INC SUN COMMUNITIES TRANSCONTINENTAL REALTY TAUBMAN CENTERS, INC. TREE.COM, INC. TERRENO REALTY CORPORATION TWO HARBORS INVESTMENT CORP URSTADT BIDDLE PROPERTIES, INC. UNITED MORTGAGE TRUST UDR INC UNIVERSAL HEALTH REALTY INCOME TRUST UMH PROPERTIES INC VORNADO REALTY TRUST VESTIN REALTY MORTGAGE I, INC. VESTIN REALTY MORTGAGE II, INC. VENTAS INC W.P. CAREY & CO. LLC WASHINGTON REIT WEINGARTEN REALTY INVESTORS WHITESTONE REIT B CORPORATE PROPERTY ASSOCIATES INC LIMITED PARTNERS SIC CODE 6799 AMERICAN CAPITAL LTD AMERIGO ENERGY, INC. APOLLO INVESTMENT CORP BDC AMERICAN INTERNATIONAL INDUSTRIES, INC. AMPAL-AMERICAN ISRAEL CORPORATION AMERICAN SPECTRUM REALTY, INC. ARES CAPITAL CORPORATION BDC BIGLARI HOLDINGS, INC. BLACKHAWK CAP GROUP BDC NUVEEN DIVERSIFIED COMMODITY FUND COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CARBON NATURAL GAS CO CHINA RUTAI INTL HLDNGS CROWN EQUITY HOLDINGS, INC. CHINA SHUANGJI CEMENT CN DRAGON CORP E & M GROUP, INC. FOODFEST INTERNATIONAL 2000, INC. FIDUS INVESTMENT CORP FORTRESS INTERNATIONAL GROUP, INC. GLADSTONE INVESTMENT CORPORATION BDC GLADSTONE CAPITAL CORP BDC HEWLETT-PACKARD CO HORIZON TECHNOLOGY FINANCE CORP IVOICE, INC. KOHLBERG CAPITAL CORPORATION BDC KEATING CAPITAL INC KENNEDY-WILSON HOLDINGS, INC. LOS ANGELES SYNDICATE OF TECHNOLOGY, INC. DEFI GLOBAL, INC. LD HOLDINGS, INC. MAIN STREET CAPITAL CORPORATION BDC MEDLEY CAPITAL CORP MCG CAPITAL CORPORATION BDC MODERN MOBILITY AIDS, INC. ALTRIA GROUP INC. NGP CAPITAL RESOURCES COMPANY BDC NEW MOUNTAIN FINANCE CORP PENNANT PARK INVESTMENT CORPORATION BDC PROSPECT CAPITAL CORPORATION BDC ROBERTSON GLOBAL HEALTH SOLUTIONS CORP RADIANT OIL & GAS, INC. SUGARMADE INC SOLAR CAPITAL, LTD. BDC SORRENTO THERAPEUTICS, INC. HARRIS & HARRIS GROUP, INC. TOMI ENVIRONMENTAL SOLUTIONS, INC. TURBODYNE TECHNOLOGIES, INC. TREE.COM, INC. TWO RIVERS WATER COMPANY UNIVERSAL CAPITAL MANAGEMENT, INC. VANITY EVENTS HOLDING, INC. VIASPACE GREEN ENERGY, INC. FOREIGN ISSUE VISION INDUSTRIES CORP WESTMOUNTAIN ASSET MANAGEMENT, INC. WESTMOUNTAIN ALTERNATIVE ENERGY, INC. XUN ENERGY, INC. SIC CODE 70 AMPAL-AMERICAN ISRAEL CORPORATION AMERICAN WAGERING, INC. BLUEGREEN CORPORATION CASTLE GROUP, INC. CHOICE HOTELS INTERNATIONAL, INC. GAYLORD ENTERTAINMENT HYATT HOTELS CORPORATION STARWOOD HOTELS & RESORTS WORLDWIDE INC LOEWS CORPORATION LEUCADIA NATIONAL CORPORATION LAS VEGAS SANDS CORP MARRIOTT INTERNATIONAL, INC. A MGM RESORTS INTERNATIONAL MORGANS HOTEL GROUP COMPANY MTR GAMING GROUP, INC. VAIL RESORTS, INC. OIL STATES INTERNATIONAL, INC. RED LION HOTELS CORPORATION SANTA FE FINANCIAL CORPORATION SONESTA INTERNATIONAL HOTELS CORPA UNIVERSAL TRAVEL GROUP MARRIOTT VACATIONS WORLDWIDE CORP GREAT WOLF RESORTS INC WYNDHAM WORLDWIDE CORPORATION WYNN RESORTS LTD SIC CODE 701 AMPAL-AMERICAN ISRAEL CORPORATION AMERICAN WAGERING, INC. BLUEGREEN CORPORATION CASTLE GROUP, INC. CHOICE HOTELS INTERNATIONAL, INC. GAYLORD ENTERTAINMENT HYATT HOTELS CORPORATION STARWOOD HOTELS & RESORTS WORLDWIDE INC LOEWS CORPORATION LEUCADIA NATIONAL CORPORATION LAS VEGAS SANDS CORP MARRIOTT INTERNATIONAL, INC. A MGM RESORTS INTERNATIONAL MORGANS HOTEL GROUP COMPANY MTR GAMING GROUP, INC. VAIL RESORTS, INC. OIL STATES INTERNATIONAL, INC. RED LION HOTELS CORPORATION SANTA FE FINANCIAL CORPORATION SONESTA INTERNATIONAL HOTELS CORP A ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report UNIVERSAL TRAVEL GROUP MARRIOTT VACATIONS WORLDWIDE CORP WYNDHAM WORLDWIDE CORPORATION WYNN RESORTS LTD SIC CODE 7011 AMPAL-AMERICAN ISRAEL CORPORATION AMERICAN WAGERING, INC. BLUEGREEN CORPORATION CASTLE GROUP, INC. CHOICE HOTELS INTERNATIONAL, INC. GAYLORD ENTERTAINMENT HYATT HOTELS CORPORATION STARWOOD HOTELS & RESORTS WORLDWIDE INC LOEWS CORPORATION LEUCADIA NATIONAL CORPORATION LAS VEGAS SANDS CORP MARRIOTT INTERNATIONAL, INC. A MGM RESORTS INTERNATIONAL MORGANS HOTEL GROUP COMPANY MTR GAMING GROUP, INC. VAIL RESORTS, INC. OIL STATES INTERNATIONAL, INC. RED LION HOTELS CORPORATION SANTA FE FINANCIAL CORPORATION SONESTA INTERNATIONAL HOTELS CORP A UNIVERSAL TRAVEL GROUP MARRIOTT VACATIONS WORLDWIDE CORP WYNDHAM WORLDWIDE CORPORATION WYNN RESORTS LTD SIC CODE 72 ALPHA PRO TECH, LTD. CPI CORPORATION COINSTAR, INC. CARRIAGE SERVICES, INC. EDIETS.COM, INC. DIVINE SKIN INC ENCORE BANCSHARES INC ETERNAL IMAGE, INC. GEO GROUP, INC. G & K SERVICES, INC. A GREEN ENDEAVORS, INC. GILMAN CIOCIA, INC. JOWAY HEALTH INDUSTRIES GROUP, INC. HEALTH ENHANCEMENT PRODUCTS, INC. HILLENBRAND, INC. H&R BLOCK INC HARBINGER GROUP, INC. MEN'S WEARHOUSE REGIS CORPORATION SERVICE CORPORATION INTERNATIONAL, INC. SECURITY NATIONAL FINANCIAL CORPORATION A STEWART ENTERPRISES, INC. STONEMOR PARTNERS LP MAC-GRAY CORPORATION AMERCO, INC. ULTA SALON COSMETICS & FRAGRANCES, INC. UNIFIRST CORPORATION ULTRA SUN CORP. VICAN RESOURCES INC WEIGHT WATCHERS INTERNATIONAL, INC. SIC CODE 721 ALPHA PRO TECH, LTD. G & K SERVICES, INC. A HARBINGER GROUP, INC. MAC-GRAY CORPORATION UNIFIRST CORPORATION SIC CODE 726 CARRIAGE SERVICES, INC. ETERNAL IMAGE, INC. HILLENBRAND, INC. SERVICE CORPORATION INTERNATIONAL, INC. SECURITY NATIONAL FINANCIAL CORPORATION A STEWART ENTERPRISES, INC. SIC CODE 7261 CARRIAGE SERVICES, INC. ETERNAL IMAGE, INC. HILLENBRAND, INC. 70 Stocks, Bonds, Bills, and Inflation SERVICE CORPORATION INTERNATIONAL, INC. SECURITY NATIONAL FINANCIAL CORPORATION A STEWART ENTERPRISES, INC. SIC CODE 729 COINSTAR, INC. EDIETS.COM, INC. DIVINE SKIN INC ENCORE BANCSHARES INC GEO GROUP, INC. GILMAN CIOCIA, INC. JOWAY HEALTH INDUSTRIES GROUP, INC. HEALTH ENHANCEMENT PRODUCTS, INC. 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BIGSTRING CORP BSQUARE CORPORATION BROADVISION, INC. BETAWAVE CORPORATION BANCORPSOUTH INC. BEYOND COMMERCE, INC. CA, INC. CITIZENS CAPITAL CORPORATION CACI INTERNATIONAL, INC. A CALLIDUS SOFTWARE, INC. CHINA AUTO LOGISTICS, INC. CAI INTERNATIONAL, INC. CARBONITE INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report CARDTRONICS, INC. CAVICO CORPORATION CIBER, INC. COMMUNITY BANK SYSTEM INC. CHINA CENTURY DRAGON MEDIA, INC. COLEMAN CABLE, INC. CHINA MEDIAEXPRESS HOLDINGS, INC. COMMAND CENTER, INC. CLEAR CHANNEL OUTDOOR HOLDINGS INC CROSS COUNTRY HEALTHCARE, INC. COMPUCREDIT CORPORATION CONCURRENT COMPUTER CORPORATION COMDISCO HOLDING COMPANY, INC. CITADEL EFT, INC CDI CORPORATION CARDIFF INTERNATIONAL CADENCE DESIGN SYSTEMS, INC. CONSTELLATION ENERGY GROUP INC CEPHAS HOLDING CORP. CHINA ELECTRONICS HOLDINGS, INC. CEELOX, INC. 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FOREST CITY ENTERPRISES INC B FIRSTCITY FINANCIAL CORPORATION FIRST CAPITAL INTERNATIONAL, INC. FACTSET RESEARCH SYSTEMS, INC. F5 NETWORKS, INC. FRIENDFINDER NETWORKS INC FAIR ISAAC CORP FINDEX.COM, INC. SOURCEFIRE, INC. FIDELITY NATIONAL INFORMATION SERVICES, INC. FISERV, INC. FIFTH THIRD BANCORP FLUOR CORPORATION FORLINK SOFTWARE CORPORATION FLEETCOR TECHNOLOGIES, INC. FORESTAR GROUP, INC. FROGADS INC FAIRWAY PROPERTIES, INC. FREEZE TAG, INC. FORTINET, INC. FULL CIRCLE CAPITAL CORP FULLNET COMMUNICATIONS INC FURIEX PHARMACEUTICALS, INC. FOREX INTERNATIONAL TRADING CORP. GAIAM, INC. GREAT AMERICAN GROUP INC AGL RESOURCES, INC. GLACIER BANCORP INC GANNETT CO INC GENERAL DYNAMICS GENERAL ELECTRIC CO INTERNET AMERICA, INC. GENESIS ELECTRONICS GROUP, INC. GEOEYE INC GENERAL FINANCE CORPORATION GLOBAL GATE PROPERTY CORP GOLD HORSE INTERNATIONAL, INC. GLOBAL INVESTOR SERVICE, INC. GEEKNET, INC. GLOBAL MOBILE TECH, INC. GLOBAL PARTNERS, LP GLOBAL POWER EQUIPMENT GROUP, INC. GLU MOBILE, INC. CORNING INC GMS CAPITAL CORP. GAME TRADING TECHNOLOGIES, INC. GLOBALINK LIMITED GRAPHON CORPORATION GOOGLE, INC. A GLOBAL PAYMENTS, INC. GLOBAL PARI-MUTUEL SERVICES, INC. GREENFIELD FARMS FOOD INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report GREEN BANKSHARES, INC. GROUPON INC GLOBAL SECURITY AGENCY, INC. GLOBALSCAPE INCORPORATED GLOBAL TELECOM & TECHNOLOGY, INC. GUIDANCE SOFTWARE, INC. GSE SYSTEMS GOLDENWAY INC GENCORP INC. HALLMARK FINANCIAL SERVICES HUNTINGTON BANCSHARES INC HCC INSURANCE HOLDINGS INC. HEALTHCARE SERVICES GROUP HUDSON HIGHLAND GROUP, INC. HARTE-HANKS, INC. HARTFORD FINANCIAL SERVICES GROUP INC HELIOS & MATHESON INFORMATION TECHNOLOGY HMS HOLDINGS CORPORATION HARLEY-DAVIDSON INC HOVNANIAN ENTERPRISES INC HEWLETT-PACKARD CO PHYSICIANS REMOTE SOLUTIONS, INC. HEARTLAND PAYMENT SYSTEMS, INC. HERE ENTERPRISES, INC. HEREUARE, INC. HARSCO CORPORATION HENRY SCHEIN, INC. HEIDRICK & STRUGGLES INTERNATIONAL, INC. HEALTHSTREAM, INC. HERTZ GLOBAL HOLDINGS INC HUGHES TELEMATICS, INC. HYPERERA, INC. IAC/INTERACTIVECORP INFORMATION ANALYSIS, INC. INTERNATIONAL BUSINESS MACHINES CORP INTELLIGENT COMMUNICATION ENTERPRISE CORP. IC PLACES, INC. INTERNATIONAL CARD ESTABLISHMENT, INC. IDT CORPORATION B ICAHN ENTERPRISES LP INFRAX SYSTEMS INC. IGATE CORPORATION IHS, INC. A INTEGRATIVE HEALTH TECHNOLOGIES, INC. INTERVAL LEISURE GROUP, INC. INTRALINKS HOLDINGS, INC. INFINITE GROUP, INC. IMAGE METRICS, INC. IMMEDIATEK, INC. IMPERVA INC INTERNAP NETWORK SERVICES INFORMATICA CORPORATION INTERACTIVE INTELLIGENCE GROUP INC INKSURE TECHNOLOGIES, INC. INNOTRAC CORPORATION INNODATA ISOGEN CORPORATION INTUIT, INC. INTERSECTIONS, INC. INTRUSION, INC. INUVO, INC. UTEK CORP INOVA TECHNOLOGY, INC. IDENTIVE GROUP, INC. INFORMATION SYSTEMS ASSOCIATES, INC. IPASS, INC. INTERPUBLIC GROUP OF COS INC INTERPLAY ENTERTAINMENT CORPORATION INNOVATIVE PRODUCT OPPORTUNITIES, INC. IRON MOUNTAIN INC ITRACKR SYSTEMS, INC. INSIGNIA SYSTEMS INC. INNOVATIVE SOLUTIONS AND SUPPORT, INC. GARTNER, INC. A INSPRO TECHNOLOGIES CORP ITEX CORPORATION INTERNATIONAL MONETARY SYSTEMS, LTD. 72 Stocks, Bonds, Bills, and Inflation IVEDA SOLUTIONS INC IOWORLDMEDIA, INC. IMAGEWARE SYSTEMS, INC. JDA SOFTWARE GROUP, INC. JAGGED PEAK, INC. JIVE SOFTWARE INC HENRY JACK & ASSOCIATES, INC. JANEL WORLD TRADE LTD. JINGWEI INTERNAT LTD JUNIPER NETWORKS, INC. GENERAL EMPLOYMENT ENTERPRISES JOHNSON OUTDOORS, INC. A JPMORGAN CHASE & CO KAR AUCTION SERVICES, INC. KNIGHT CAPITAL GROUP, INC. KELLY SERVICES, INC. B KEYCORP KEYNOTE SYSTEMS, INC. KEYW HOLDING CORP KFORCE, INC. KORN/FERRY INTERNATIONAL MADISON AVE MEDIA, INC. KIWIBOX.COM INC. KL ENERGY CORPORATION KINDER MORGAN ENERGY PARTNERS LP KENEXA CORP LOEWS CORPORATION LAMAR ADVERTISING CO A MAGMA DESIGN AUTOMATION, INC. LAYNE CHRISTENSEN COMPANY LADYBUG RESOURCE GROUP, INC. MARKET LEADER, INC. LEGGETT & PLATT, INC. LEFT BEHIND GAMES, INC. LACLEDE GROUP, INC. LIONBRIDGE TECHNOLOGIES, INC. LIVE CURRENT MEDIA INC. LIVEDEAL, INC. LIMELIGHT NETWORKS, INC. LOCKHEED MARTIN CORPORATION LODGENET INTERACTIVE CORPORATION LINKEDIN CORP LEAGUE NOW HOLDINGS CORP LOCAL.COM CORPORATION LOGMEIN, INC. LOOKSMART, LTD. SPARK NETWORKS, INC. LOCATEPLUS HOLDINGS CORP LENDER PROCESSING SERVICES, INC. LIVEPERSON, INC. LSI CORPORATION LYRIS, INC. MASTERCARD INCORPORATED A MID-AMERICA APARTMENT COMMUNITIES MACE SECURITY INTERNATIONAL, INC. MAM SOFTWARE GROUP, INC. MANPOWERGROUP MANHATTAN ASSOCIATES, INC. REMARK MEDIA INC MATTHEWS INTERNATIONAL CORPORATION A MAX SOUND CORP MORRIS BUSINESS DEVELOPMENT COMPANY MBIA INC MEDCAREERS GROUP, INC. MARCHEX, INC. MOODY'S CORPORATION MICROS SYSTEMS, INC. MEDICAL CONNECTIONS HOLDINGS, INC. MACROSOLVE, INC. MEDASSETS, INC. MEDEFILE INTERNATIONAL, INC. ALLSCRIPTS-MISYS HEALTHCARE SOLUTIONS, INC. MEDIDATA SOLUTIONS, INC. MEDCATH CORPORATION MEDIANET GROUP TECHNOLOGIES, INC. MEDIWARE INFORMATION SYSTEMS INC. MERCADOLIBRE, INC. MENTOR GRAPHICS CORPORATION MONEYGRAM INTERNATIONAL, INC. MAGNOLIA SOLAR CORPORATION MCGRATH RENTCORP MUSCATO GROUP, INC. MCGRAW-HILL COMPANIES, INC. MIMVI, INC. MITCHAM INDUSTRIES, INC. MITEK SYSTEMS, INC. MEDICAL MARIJUANA, INC. MARKEL CORPORATION RESPONSYS INC MEDLINK INTERNATIONAL, INC. CLASS A MODUSLINK GLOBAL SOLUTIONS, INC. MARSH & MCLENNAN COMPANIES, INC. 3M CO MMRGLOBAL, INC. MAKEMUSIC, INC. MOBIFORM SOFTWARE, INC. COMMAND SECURITY CORPORATION MMODAL INC MODERN MEDICAL MODALITIES CORPORATION MOOG, INC. B MONSTER OFFERS MOVE, INC. MERGE HEALTHCARE, INC. MSCI, INC. MERISEL, INC. MEDIA SENTIMENT, INC. MICROSOFT CORPORATION MICROSTRATEGY, INC. VAIL RESORTS, INC. MONSTER WORLDWIDE, INC. MAX MEDIA GROUP, INC. MEZABAY INTERNATIONAL, INC. NETSUITE, INC. NATIONAL INSTRUMENTS CORPORATION NCI, INC. A NATIONAL CINEMEDIA, INC. NX GLOBAL, INC. NETWORK ENGINES, INC. NEOMEDIA TECHNOLOGIES, INC. NEWTEK BUSINESS SERVICES, INC. NATIONAL FUEL GAS COMPANY INFERX CORP TARGA RESOURCES PARTNERS LP NEXT GENERATION ENERGY CORP NEW JERSEY RESOURCES CORPORATION NEW MEXICO SOFTWARE, INC. NELNET, INC. A NORTHPORT NETWORK SYSTEMS, INC. NATIONAL PENN BANCSHARES INSPERITY, INC. NETWORK-1 SECURITY SOLUTIONS, INC. NETSCOUT SYSTEMS, INC. NETWORK DEALER SERVICES HOLDING CORP. NTELOS HOLDINGS CORP NORTHERN TRUST CORPORATION NETSPEND HOLDINGS, INC. NETSOL TECHNOLOGIES, INC. NUANCE COMMUNICATIONS, INC. NUMOBILE, INC. NORTHWEST BANCSHARES INC MD NETWORK CN, INC. NETWORK EQUIPMENT TECHNOLOGIES NATIONAL WESTERN LIFE INSURANCE A NEWS CORP B NEXT 1 INTERACTIVE, INC. REALTY INCOME CORPORATION OCTUS, INC. OLB GROUP, INC. OMNICOM GROUP, INC. OMNICOMM SYSTEMS, INC. OLD NATIONAL BANCORP ON4 COMMUNICATIONS, INC. HIGHER ONE HOLDINGS, INC. ONSTREAM MEDIA CORPORATION ONVIA, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report OFFICIAL PAYMENTS HOLDINGS INC OPENTABLE, INC. OPTIONS MEDIA GROUP HOLDINGS, INC. OPNET TECHNOLOGIES, INC. OPTIMIZED TRANSPORTATION MANAGEMENT OPENWAVE SYSTEMS, INC. OPPENHEIMER HOLDINGS, INC. ONLINE RESOURCES CORPORATION ORACLE CORPORATION OTTER TAIL CORPORATION PAB BANKSHARES, INC. PAR TECHNOLOGY CORP. PAWS PET CO INC PAID, INC. PRICELINE.COM, INC. LEEWARD GROUP HOLDINGS, INC. PARK CITY GROUP, INC. PRIMECARE SYSTEMS, INC. PDF SOLUTIONS, INC. PDI, INC. PEGASYSTEMS, INC. PFSWEB, INC. PORTLOGIC SYSTEMS, INC. PHOENIX MEDICAL SOFTWARE, INC. PICO HOLDINGS, INC. PREMIER ALLIANCE GROUP, INC. PARK-OHIO HOLDINGS CORP PROCERA NETWORKS, INC. PROTECTIVE LIFE CORP PLAYLOGIC ENTERTAINMENT, INC. POLLEX, INC. PRISMONE GROUP, INC. PARAMETRIC TECHNOLOGY CORPORATION PNC FINANCIAL SERVICES GROUP INC PREPAYD INC POST PROPERTIES INC PORTFOLIO RECOVERY ASSOCIATES, INC. PERCEPTRON, INC. PERFICIENT, INC. PROGRESS SOFTWARE PARK NATIONAL CORPORATION PEERLESS SYSTEMS CORPORATION PROS HOLDINGS, INC. DELTEK, INC. PROPELL CORPORATION PEER REVIEW MEDIATION & ARBITRATION, INC. PURESPECTRUM, INC. PASSUR AEROSPACE, INC. INTERNET PATENTS CORP PROVISION HOLDING, INC. PERVASIVE SOFTWARE, INC. PACIFIC WEBWORKS, INC. QAD, INC. QCR HOLDINGS INC QUANDRANT4 SYSTEMS CORP QLIK TECHNOLOGIES, INC. QUOTEMEDIA, INC. QUINSTREET, INC. QUEPASA CORPORATION QUEST SOFTWARE, INC. QUALITY SYSTEMS, INC. QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE BANKRATE INC RACKSPACE HOSTING, INC. REPUBLIC BANCORP, INC. A RURBAN FINANCIAL CORP RENT-A-CENTER, INC. REACH MESSAGING HOLDINGS, INC. RCM TECHNOLOGIES RADIAN GROUP, INC. RESOURCES CONNECTION INC REGENECA INC ROBERT HALF INTERNATIONAL INC. RED HAT, INC. RICK'S CABARET INTERNATIONAL, INC. RIMAGE CORPORATION RAYMOND JAMES FINANCIAL, INC. 73 Stocks, Bonds, Bills, and Inflation REACHLOCAL, INC. RIGNET, INC. WIRELESS RONIN TECHNOLOGIES, INC. RENASANT CORPORATION REALNETWORKS, INC. ROKWADER INC ROLLINS, INC. ROVI CORP REALPAGE, INC. RPX CORP RSC HOLDINGS INC GEORGE RISK INDUSTRIES, INC. A ROSETTA STONE, INC. RAYTHEON COMPANY RVUE HOLDINGS, INC. RAND WORLDWIDE, INC. SABA SOFTWARE, INC. SAJAN, INC. SANTEON GROUP, INC. SAPIENT CORPORATION ECHOSTAR CORP SAVEDAILY INC SUBJEX CORPORATION SCHOLASTIC CORPORATION COMSCORE, INC. STEELCASE, INC. SOUNDBITE COMMUNICATIONS, INC. SEDONA CORPORATION SUSPECT DETECTION SYSTEMS, INC. SAFE TECHNOLOGIES INTERNATIONAL, INC. STANCORP FINANCIAL GROUP, INC. SHUTTERFLY, INC. SUCCESSFACTORS, INC. SCIENTIFIC GAMES CORPORATION SUNGAME CORP SPAR GROUP, INC. SAUER-DANFOSS, INC. SINGLE TOUCH SYSTEMS, INC. SVB FINANCIAL GROUP SOUTH JERSEY INDUSTRIES SKYSHOP LOGISTICS, INC. SOLERA HOLDINGS, INC. SALON MEDIA GROUP, INC. SIMULATIONS PLUS, INC. SELECTICA, INC. STRATUS MEDIA GROUP, INC. SIMTROL, INC. SMITH MICRO SOFTWARE SMTP INC. SYNCHRONOSS TECHNOLOGIES, INC. SYNOPSYS SONESTA INTERNATIONAL HOTELS CORP A SYNNEX CORPORATION SONIC FOUNDRY, INC. SOHU.COM INC SMART ONLINE, INC. S1 CORPORATION SONUS NETWORKS, INC. SOUTHPEAK INTERACTIVE CORPORATION SPARTON CORPORATION SPARE BACKUP, INC. STANDARD PACIFIC CORP SPINE PAIN MANAGEMENT, INC. SUPPORT.COM, INC. SPS COMMERCE, INC. SPECTRUMDNA, INC. SMARTPAY EXPRESS, INC. SCIQUEST, INC. SERVICESOURCE INTERNATIONAL LLC STARTEK, INC. SOUTHERN CONNECTICUT BANCORP SS&C TECHNOLOGIES HOLDINGS SILVERSUN TECHNOLOGIES INC SUPPORTSAVE SOLUTIONS, INC. STEWART INFORMATION SERVICES, INC. STATMON TECHNOLOGIES CORPORATION SUNTRUST BANKS INC ST. JOSEPH INCORPORATED STR HOLDINGS, INC. STREAMLINE HEALTH SOLUTIONS, INC. SMART-TEK SOLUTIONS, INC. SNAP INTERACTIVE, INC. SOLARWINDS, INC. STANLEY BLACK & DECKER INC SWISHER HYGIENE, INC. CLASS A SYKES ENTERPRISES, INC. SYMANTEC CORP SYNAPTICS, INC. SYNTEL, INC. SITESTAR CORPORATION AT&T INC TAL INTERNATIONAL GROUP, INC. TRUEBLUE, INC. TCF FINANCIAL CORPORATION TUCOWS, INC. TELEDYNE TECHNOLOGIES INC TREDEGAR CORPORATION TGFIN HOLDINGS, INC. THQ, INC. TIBCO SOFTWARE, INC. TIGERLOGIC CORPORATION TELLABS, INC. TALEO CORPORATION A MANAGEMENT NETWORK GROUP, INC. TMS INTERNATIONAL CORP TANGOE INC TRANS-LUX CORPORATION TNS, INC. TPC GROUP, INC. DEALERTRACK HOLDINGS, INC. TRANSCEND SERVICES, INC. TRINITY INDUSTRIES, INC. TRANSNET CORPORATION TRIO-TECH INTERNATIONAL TRX, INC. TRYCERA FINANCIAL, INC. TSR, INC. TOTAL SYSTEM SERVICES, INC. TEAMSTAFF, INC. TELECOMMUNICATION SYSTEMS, INC. TELETECH HOLDINGS, INC. TECHTARGET, INC. TRANSFER TECHNOLOGY INTERNATIONAL CORP TAKE-TWO INTERACTIVE SOFTWARE, INC. TOWER GROUP, INC. TITAN INTERNATIONAL, INC. PROTEXT MOBILITY, INC. TYLER TECHNOLOGIES, INC. MONOTYPE IMAGING HOLDINGS INC. TRAVELZOO, INC. UNITED CAPITAL CORP. UNI CORE HOLDINGS CORPORATION UNITED COMMUNICATIONS PARTNERS, INC. US DATAWORKS, INC. NET 1 UEPS TECHNOLOGIES, INC. UNISYS CORPORATION ULTIMATE SOFTWARE GROUP, INC. UMB FINANCIAL CORPORATION UNITEDHEALTH GROUP INC UNITED ONLINE, INC. UPSTREAM WORLDWIDE, INC. U.S. RARE EARTHS INC UNITED RENTALS INC UNITED SECURITY BANCSHARES INC UNIVERSAL TRAVEL GROUP UNIVERSAL SECURITY INSTRUMENTS, INC. VISA, INC. VALASSIS COMMUNICATIONS INC VERECLOUD INC. VALUECLICK, INC. VIEWCAST.COM, INC. VERTICAL COMPUTER SYS VASCO DATA SECURITY INTERNATIONAL, INC. VILLAGEEDOCS, INC. VERAMARK TECHNOLOGIES, INC. FOOD TECHNOLOGY SERVICE, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report VMWARE, INC. VORNADO REALTY TRUST VOCUS, INC. VOXWARE, INC. VALUERICH, INC. VRINGO, INC. VERINT SYSTEMS, INC. VERISIGN, INC. VIRTUSA CORPORATION VIRTUALSCOPICS, INC. VSE CORPORATION VITAMIN SHOPPE, INC. VERSANT CORPORATION VIASPACE, INC. VOICE ASSIST, INC. VIEW SYSTEMS, INC. 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RSC HOLDINGS INC ECHOSTAR CORP STR HOLDINGS, INC. TAL INTERNATIONAL GROUP, INC. UNITED RENTALS INC WIKIFAMILIES INC E-DEBIT GLOBAL CORP YOUCHANGE HOLDINGS CORP SIC CODE 7359 AARON'S, INC. ATLAS AIR WORLDWIDE HOLDINGS INC AEROCENTURY CORPORATION CAI INTERNATIONAL, INC. ELECTRO RENT CORPORATION EXACTECH, INC. EXTERRAN HOLDINGS, INC. GENERAL FINANCE CORPORATION HEWLETT-PACKARD CO HERTZ GLOBAL HOLDINGS INC MCGRATH RENTCORP MITCHAM INDUSTRIES, INC. MODERN MEDICAL MODALITIES CORPORATION RENT-A-CENTER, INC. RSC HOLDINGS INC ECHOSTAR CORP STR HOLDINGS, INC. TAL INTERNATIONAL GROUP, INC. UNITED RENTALS INC WIKIFAMILIES INC E-DEBIT GLOBAL CORP YOUCHANGE HOLDINGS CORP SIC CODE 736 AMN HEALTHCARE SERVICES, INC. ON ASSIGNMENT, INC. BARRETT BUSINESS SERVICES, INC. COMMAND CENTER, INC. CROSS COUNTRY HEALTHCARE, INC. CDI CORPORATION COMPASS DIVERSIFIED HOLDINGS SHARES OF BENEFICIAL CORPORATE RESOURCE SERVICES, INC. CTPARTNERS EXECUTIVE SEARCH LLC DICE HOLDINGS INCORPORATED HUDSON HIGHLAND GROUP, INC. 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CEPHAS HOLDING CORP. CHINA ELECTRONICS HOLDINGS, INC. CEELOX, INC. CERNER CORPORATION CHINA DIGITAL ANIMATION DEVELOPMENT, INC. CICERO, INC. CLEARWIRE CORP A COMPUMED, INC. CIMETRIX, INC. CHINA INFORMATION TECHNOLOGY, INC. CONCUR TECHNOLOGIES, INC. CONVIO, INC. MAJESCO ENTERTAINMENT COMPANY COVER-ALL TECHNOLOGIES INC COROWARE, INC. COMPUTER PROGRAMS AND SYSTEMS, INC. COMPUWARE CORPORATION CONSPIRACY ENTERTAINMENT HOLDINGS, INC. SALESFORCE.COM, INC. CREDITRISKMONITOR.COM, INC. CROWDGATHER, INC. COMPUTER SCIENCES CORPORATION CSG SYSTEMS INTERNATIONAL, INC. CHINA SKYRISE DIGITAL SERVICE, INC. CORNERSTONE ONDEMAND, INC. CSP, INC. COMPUTER SOFTWARE INNOVATIONS, INC. CHINA TRANSINFO TECHNOLOGY CORPORATION COMPUTER TASK GROUP, INC. CTI GROUP HOLDINGS, INC. COGNIZANT TECHNOLOGY SOLUTIONS CORP A CITRIX SYSTEMS, INC. CONVERGYS CORPORATION COMMVAULT SYSTEMS, INC. CONVERSION SERVICES INTERNATIONAL, INC. CYBERDEFENDER CORP CYBRA CORP DAEGIS INC 3D SYSTEMS CORPORATION DIGITALPOST INTERACTIVE, INC. DIGITALTOWN, INC. DIRECT INSITE CORPORATION DISCOVERY COMMUNICATIONS INC B DEMANDTEC, INC. DEMAND MEDIA, INC. DIGIMARC CORPORATION DECISIONPOINT SYSTEMS INC DYNAMICS RESEARCH CORPORATION DESTINY MEDIA TECHNOLOGIES, INC. DOCUMENT SECURITY SYSTEMS, INC. DST SYSTEMS, INC. DATALINK CORPORATION DTS, INC. DATA STORAGE CORP. DOT VN, INC. DYNAVOX?, INC. DATAWATCH CORPORATION ELECTRONIC ARTS, INC. EBIX, INC. ECRYPT TECHNOLOGIES, INC. EDGEWATER TECHNOLOGY, INC. ELECTRONICS FOR IMAGING INC EGAIN COMMUNICATIONS CORPORATION ELLIE MAE INC ECHELON CORPORATION ELECTRO RENT CORPORATION ELECTRO-SENSORS, INC. EMC CORPORATION ENHERENT CORPORATION BOTTOMLINE TECHNOLOGIES, INC. EPAZZ, INC. EPIQ SYSTEMS, INC. ERF WIRELESS, INC. EROOM SYSTEM TECHNOLOGIES, INC. EASYLINK SERVICES INTERNATIONAL CORP EVOLVING SYSTEMS, INC. EXOBOX TECHNOLOGIES CORPORATION CREXENDO INC FALCONSTOR SOFTWARE, INC. FACTSET RESEARCH SYSTEMS, INC. F5 NETWORKS, INC. FRIENDFINDER NETWORKS INC FINDEX.COM, INC. SOURCEFIRE, INC. FISERV, INC. FORLINK SOFTWARE CORPORATION FROGADS INC FAIRWAY PROPERTIES, INC. FREEZE TAG, INC. FULLNET COMMUNICATIONS INC FOREX INTERNATIONAL TRADING CORP. GENERAL DYNAMICS INTERNET AMERICA, INC. GEEKNET, INC. GLU MOBILE, INC. CORNING INC GMS CAPITAL CORP. GLOBALINK LIMITED GRAPHON CORPORATION GOOGLE, INC. A GREENFIELD FARMS FOOD INC GROUPON INC GLOBALSCAPE INCORPORATED GLOBAL TELECOM & TECHNOLOGY, INC. GUIDANCE SOFTWARE, INC. GSE SYSTEMS GOLDENWAY INC HELIOS & MATHESON INFORMATION TECHNOLOGY HEWLETT-PACKARD CO PHYSICIANS REMOTE SOLUTIONS, INC. HERE ENTERPRISES, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report HEREUARE, INC. HENRY SCHEIN, INC. HYPERERA, INC. IAC/INTERACTIVECORP INFORMATION ANALYSIS, INC. INTERNATIONAL BUSINESS MACHINES CORP INTELLIGENT COMMUNICATION ENTERPRISE CORP. IC PLACES, INC. INTERNATIONAL CARD ESTABLISHMENT, INC. IDT CORPORATION B INFRAX SYSTEMS INC. IGATE CORPORATION INTRALINKS HOLDINGS, INC. INFINITE GROUP, INC. IMAGE METRICS, INC. IMMEDIATEK, INC. IMPERVA INC INTERNAP NETWORK SERVICES INFORMATICA CORPORATION INTERACTIVE INTELLIGENCE GROUP INC INNODATA ISOGEN CORPORATION INTUIT, INC. INTERSECTIONS, INC. INTRUSION, INC. IDENTIVE GROUP, INC. INFORMATION SYSTEMS ASSOCIATES, INC. IPASS, INC. INTERPLAY ENTERTAINMENT CORPORATION ITRACKR SYSTEMS, INC. INNOVATIVE SOLUTIONS AND SUPPORT, INC. INSPRO TECHNOLOGIES CORP IOWORLDMEDIA, INC. IMAGEWARE SYSTEMS, INC. JDA SOFTWARE GROUP, INC. JAGGED PEAK, INC. JIVE SOFTWARE INC HENRY JACK & ASSOCIATES, INC. JINGWEI INTERNAT LTD JUNIPER NETWORKS, INC. KEYW HOLDING CORP KIWIBOX.COM INC. KENEXA CORP MAGMA DESIGN AUTOMATION, INC. LADYBUG RESOURCE GROUP, INC. MARKET LEADER, INC. LEFT BEHIND GAMES, INC. LIVEDEAL, INC. LOCKHEED MARTIN CORPORATION LODGENET INTERACTIVE CORPORATION LINKEDIN CORP LEAGUE NOW HOLDINGS CORP LOCAL.COM CORPORATION LOGMEIN, INC. LOOKSMART, LTD. LOCATEPLUS HOLDINGS CORP LIVEPERSON, INC. LSI CORPORATION LYRIS, INC. MANHATTAN ASSOCIATES, INC. MAX SOUND CORP MICROS SYSTEMS, INC. MEDASSETS, INC. MEDEFILE INTERNATIONAL, INC. ALLSCRIPTS-MISYS HEALTHCARE SOLUTIONS, INC. MEDIDATA SOLUTIONS, INC. MEDIWARE INFORMATION SYSTEMS INC. MENTOR GRAPHICS CORPORATION MCGRAW-HILL COMPANIES, INC. MIMVI, INC. MITEK SYSTEMS, INC. RESPONSYS INC MEDLINK INTERNATIONAL, INC. CLASS A MAKEMUSIC, INC. MOBIFORM SOFTWARE, INC. MMODAL INC MOVE, INC. 76 Stocks, Bonds, Bills, and Inflation MERGE HEALTHCARE, INC. MSCI, INC. MICROSOFT CORPORATION MICROSTRATEGY, INC. MAX MEDIA GROUP, INC. NETSUITE, INC. NATIONAL INSTRUMENTS CORPORATION NCI, INC. A NETWORK ENGINES, INC. NEOMEDIA TECHNOLOGIES, INC. INFERX CORP NEW MEXICO SOFTWARE, INC. NORTHPORT NETWORK SYSTEMS, INC. NETWORK-1 SECURITY SOLUTIONS, INC. NETSCOUT SYSTEMS, INC. NTELOS HOLDINGS CORP NETSOL TECHNOLOGIES, INC. NUANCE COMMUNICATIONS, INC. NETWORK EQUIPMENT TECHNOLOGIES NEXT 1 INTERACTIVE, INC. OCTUS, INC. OLB GROUP, INC. ON4 COMMUNICATIONS, INC. ONSTREAM MEDIA CORPORATION OFFICIAL PAYMENTS HOLDINGS INC OPTIONS MEDIA GROUP HOLDINGS, INC. OPNET TECHNOLOGIES, INC. OPTIMIZED TRANSPORTATION MANAGEMENT OPENWAVE SYSTEMS, INC. ORACLE CORPORATION PARK CITY GROUP, INC. PRIMECARE SYSTEMS, INC. PDF SOLUTIONS, INC. PEGASYSTEMS, INC. PORTLOGIC SYSTEMS, INC. PHOENIX MEDICAL SOFTWARE, INC. PREMIER ALLIANCE GROUP, INC. PROCERA NETWORKS, INC. PLAYLOGIC ENTERTAINMENT, INC. PRISMONE GROUP, INC. PARAMETRIC TECHNOLOGY CORPORATION PERCEPTRON, INC. PERFICIENT, INC. PROGRESS SOFTWARE PEERLESS SYSTEMS CORPORATION PROS HOLDINGS, INC. DELTEK, INC. PROPELL CORPORATION PASSUR AEROSPACE, INC. PROVISION HOLDING, INC. PERVASIVE SOFTWARE, INC. PACIFIC WEBWORKS, INC. QAD, INC. QUANDRANT4 SYSTEMS CORP QLIK TECHNOLOGIES, INC. QUOTEMEDIA, INC. QUEPASA CORPORATION QUEST SOFTWARE, INC. QUALITY SYSTEMS, INC. BANKRATE INC RACKSPACE HOSTING, INC. RURBAN FINANCIAL CORP REACH MESSAGING HOLDINGS, INC. RCM TECHNOLOGIES RED HAT, INC. RIMAGE CORPORATION RIGNET, INC. WIRELESS RONIN TECHNOLOGIES, INC. REALNETWORKS, INC. ROVI CORP REALPAGE, INC. ROSETTA STONE, INC. RAND WORLDWIDE, INC. SABA SOFTWARE, INC. SAJAN, INC. SANTEON GROUP, INC. SAVEDAILY INC SEDONA CORPORATION SAFE TECHNOLOGIES INTERNATIONAL, INC. SHUTTERFLY, INC. SUCCESSFACTORS, INC. SCIENTIFIC GAMES CORPORATION SUNGAME CORP SIMULATIONS PLUS, INC. SELECTICA, INC. SIMTROL, INC. SMITH MICRO SOFTWARE SMTP INC. SYNCHRONOSS TECHNOLOGIES, INC. SYNOPSYS SYNNEX CORPORATION SONIC FOUNDRY, INC. SOHU.COM INC SMART ONLINE, INC. S1 CORPORATION SONUS NETWORKS, INC. SOUTHPEAK INTERACTIVE CORPORATION SPARE BACKUP, INC. SPINE PAIN MANAGEMENT, INC. SUPPORT.COM, INC. SPECTRUMDNA, INC. SCIQUEST, INC. SERVICESOURCE INTERNATIONAL LLC SS&C TECHNOLOGIES HOLDINGS SILVERSUN TECHNOLOGIES INC STATMON TECHNOLOGIES CORPORATION STREAMLINE HEALTH SOLUTIONS, INC. SNAP INTERACTIVE, INC. SOLARWINDS, INC. STANLEY BLACK & DECKER INC SYKES ENTERPRISES, INC. SYMANTEC CORP SYNAPTICS, INC. SYNTEL, INC. SITESTAR CORPORATION TUCOWS, INC. TELEDYNE TECHNOLOGIES INC TGFIN HOLDINGS, INC. THQ, INC. TIBCO SOFTWARE, INC. TIGERLOGIC CORPORATION TALEO CORPORATION A TANGOE INC TRX, INC. TSR, INC. TELECOMMUNICATION SYSTEMS, INC. TAKE-TWO INTERACTIVE SOFTWARE, INC. PROTEXT MOBILITY, INC. TYLER TECHNOLOGIES, INC. MONOTYPE IMAGING HOLDINGS INC. TRAVELZOO, INC. UNI CORE HOLDINGS CORPORATION US DATAWORKS, INC. UNISYS CORPORATION ULTIMATE SOFTWARE GROUP, INC. UNITED ONLINE, INC. VERECLOUD INC. VALUECLICK, INC. VIEWCAST.COM, INC. VERTICAL COMPUTER SYS VASCO DATA SECURITY INTERNATIONAL, INC. VERAMARK TECHNOLOGIES, INC. VMWARE, INC. VOCUS, INC. VOXWARE, INC. VRINGO, INC. VERINT SYSTEMS, INC. VERISIGN, INC. VIRTUSA CORPORATION VSE CORPORATION VERSANT CORPORATION VIEW SYSTEMS, INC. WEBSAFETY, INC. WEBXU INC WORLDS, INC. WIN GLOBAL MARKETS INC ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report BOINGO WIRELESS INC WORDLOGIC CORPORATION WARP 9, INC. WAYSIDE TECHNOLOGY GROUP, INC. WARWICK VALLEY TELEPHONE COMPANY WEB.COM GROUP, INC. WIDEPOINT CORPORATION WIZZARD SOFTWARE CORPORATION XFORMITY TECHNOLOGIES, INC. YOUBLAST GLOBAL, INC. YAHOO! INC ZIX CORPORATION ZYNGA INC ZOO ENTERTAINMENT, INC. ZYTO CORPORATION SIC CODE 7371 ADVENT SOFTWARE, INC. ASTRO-MED, INC. ANALYSTS INTERNATIONAL ANTS SOFTWARE, INC. ASPEN TECHNOLOGY, INC. BITSTREAM, INC. A CALLIDUS SOFTWARE, INC. CIBER, INC. CDI CORPORATION CHINA DIGITAL ANIMATION DEVELOPMENT, INC. CICERO, INC. COMPUTER PROGRAMS AND SYSTEMS, INC. COMPUWARE CORPORATION COMPUTER TASK GROUP, INC. CTI GROUP HOLDINGS, INC. COGNIZANT TECHNOLOGY SOLUTIONS CORP A ENHERENT CORPORATION EPIQ SYSTEMS, INC. EASYLINK SERVICES INTERNATIONAL CORP EVOLVING SYSTEMS, INC. FAIRWAY PROPERTIES, INC. GLU MOBILE, INC. GUIDANCE SOFTWARE, INC. HEWLETT-PACKARD CO IGATE CORPORATION INTERNAP NETWORK SERVICES INNOVATIVE SOLUTIONS AND SUPPORT, INC. JDA SOFTWARE GROUP, INC. LADYBUG RESOURCE GROUP, INC. LIVEDEAL, INC. LODGENET INTERACTIVE CORPORATION LEAGUE NOW HOLDINGS CORP MAX SOUND CORP MIMVI, INC. INFERX CORP OLB GROUP, INC. OPTIONS MEDIA GROUP HOLDINGS, INC. OPTIMIZED TRANSPORTATION MANAGEMENT PDF SOLUTIONS, INC. PREMIER ALLIANCE GROUP, INC. PROCERA NETWORKS, INC. PERFICIENT, INC. PROS HOLDINGS, INC. DELTEK, INC. PROPELL CORPORATION PASSUR AEROSPACE, INC. PROVISION HOLDING, INC. RCM TECHNOLOGIES RED HAT, INC. REALNETWORKS, INC. SUNGAME CORP SELECTICA, INC. SYNCHRONOSS TECHNOLOGIES, INC. SYMANTEC CORP SYNAPTICS, INC. SYNTEL, INC. TSR, INC. MONOTYPE IMAGING HOLDINGS INC. VERECLOUD INC. VERISIGN, INC. VIRTUSA CORPORATION ZYNGA INC 77 Stocks, Bonds, Bills, and Inflation SIC CODE 7372 AMERICA'S SUPPLIERS, INC. ACCELRYS, INC. ACI WORLDWIDE, INC. ACTIVE NETWORK INC ADOBE SYSTEMS INC AUTODESK, INC. ADVANT-E CORPORATION ARTIFICIAL LIFE, INC. ALTERNET SYSTEMS, INC. AMICO GAMES CORP. AMERICAN SOFTWARE, INC. A ANSYS, INC. APPS GENIUS CORP ARIBA, INC. ASTEA INTERNATIONAL, INC. ACTIVISION BLIZZARD, INC. AVID TECHNOLOGY, INC. AVINCI MEDIA CORPORATON AXIOLOGIX EDUCATION CORP. AMERICAN WAGERING, INC. ACTUATE CORPORATION BRIDGELINE DIGITAL, INC. BLACKBAUD, INC. BMC SOFTWARE, INC. BROADSOFT, INC. BSQUARE CORPORATION BROADVISION, INC. CA, INC. CITIZENS CAPITAL CORPORATION CARDIFF INTERNATIONAL CADENCE DESIGN SYSTEMS, INC. CEPHAS HOLDING CORP. CHINA ELECTRONICS HOLDINGS, INC. CEELOX, INC. CIMETRIX, INC. CHINA INFORMATION TECHNOLOGY, INC. CONCUR TECHNOLOGIES, INC. CONVIO, INC. MAJESCO ENTERTAINMENT COMPANY COVER-ALL TECHNOLOGIES INC COMPUWARE CORPORATION CONSPIRACY ENTERTAINMENT HOLDINGS, INC. SALESFORCE.COM, INC. CORNERSTONE ONDEMAND, INC. CTI GROUP HOLDINGS, INC. CITRIX SYSTEMS, INC. COMMVAULT SYSTEMS, INC. CYBERDEFENDER CORP CYBRA CORP 3D SYSTEMS CORPORATION DEMANDTEC, INC. DESTINY MEDIA TECHNOLOGIES, INC. DOT VN, INC. DATAWATCH CORPORATION ELECTRONIC ARTS, INC. ECRYPT TECHNOLOGIES, INC. EGAIN COMMUNICATIONS CORPORATION ELLIE MAE INC ELECTRO-SENSORS, INC. EMC CORPORATION BOTTOMLINE TECHNOLOGIES, INC. EPAZZ, INC. EXOBOX TECHNOLOGIES CORPORATION FALCONSTOR SOFTWARE, INC. F5 NETWORKS, INC. FINDEX.COM, INC. FORLINK SOFTWARE CORPORATION FREEZE TAG, INC. FOREX INTERNATIONAL TRADING CORP. GEEKNET, INC. GMS CAPITAL CORP. GRAPHON CORPORATION GREENFIELD FARMS FOOD INC GLOBALSCAPE INCORPORATED GUIDANCE SOFTWARE, INC. GSE SYSTEMS GOLDENWAY INC PHYSICIANS REMOTE SOLUTIONS, INC. HENRY SCHEIN, INC. INFORMATION ANALYSIS, INC. INTERNATIONAL BUSINESS MACHINES CORP INTERNATIONAL CARD ESTABLISHMENT, INC. IMAGE METRICS, INC. IMPERVA INC INFORMATICA CORPORATION INTERACTIVE INTELLIGENCE GROUP INC INTUIT, INC. INTRUSION, INC. IDENTIVE GROUP, INC. INFORMATION SYSTEMS ASSOCIATES, INC. IPASS, INC. INTERPLAY ENTERTAINMENT CORPORATION ITRACKR SYSTEMS, INC. INSPRO TECHNOLOGIES CORP IMAGEWARE SYSTEMS, INC. JAGGED PEAK, INC. JIVE SOFTWARE INC JINGWEI INTERNAT LTD JUNIPER NETWORKS, INC. KEYW HOLDING CORP KENEXA CORP MAGMA DESIGN AUTOMATION, INC. LEFT BEHIND GAMES, INC. LOGMEIN, INC. LIVEPERSON, INC. LSI CORPORATION LYRIS, INC. MANHATTAN ASSOCIATES, INC. MEDASSETS, INC. MEDIDATA SOLUTIONS, INC. MITEK SYSTEMS, INC. RESPONSYS INC MEDLINK INTERNATIONAL, INC. CLASS A MOBIFORM SOFTWARE, INC. MSCI, INC. MICROSOFT CORPORATION MICROSTRATEGY, INC. NETSUITE, INC. NATIONAL INSTRUMENTS CORPORATION NETWORK ENGINES, INC. NEW MEXICO SOFTWARE, INC. NETWORK-1 SECURITY SOLUTIONS, INC. NETSOL TECHNOLOGIES, INC. NUANCE COMMUNICATIONS, INC. OCTUS, INC. ON4 COMMUNICATIONS, INC. OPNET TECHNOLOGIES, INC. OPENWAVE SYSTEMS, INC. ORACLE CORPORATION PRIMECARE SYSTEMS, INC. PORTLOGIC SYSTEMS, INC. PHOENIX MEDICAL SOFTWARE, INC. PARAMETRIC TECHNOLOGY CORPORATION PERCEPTRON, INC. PROGRESS SOFTWARE PEERLESS SYSTEMS CORPORATION PERVASIVE SOFTWARE, INC. PACIFIC WEBWORKS, INC. QAD, INC. QLIK TECHNOLOGIES, INC. QUEST SOFTWARE, INC. RURBAN FINANCIAL CORP REACH MESSAGING HOLDINGS, INC. REALNETWORKS, INC. ROVI CORP REALPAGE, INC. ROSETTA STONE, INC. RAND WORLDWIDE, INC. SABA SOFTWARE, INC. SAJAN, INC. SAVEDAILY INC SEDONA CORPORATION SUCCESSFACTORS, INC. SIMTROL, INC. SMITH MICRO SOFTWARE ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SYNOPSYS SONIC FOUNDRY, INC. SMART ONLINE, INC. S1 CORPORATION SOUTHPEAK INTERACTIVE CORPORATION SPARE BACKUP, INC. SCIQUEST, INC. SS&C TECHNOLOGIES HOLDINGS SILVERSUN TECHNOLOGIES INC STATMON TECHNOLOGIES CORPORATION SOLARWINDS, INC. STANLEY BLACK & DECKER INC SYMANTEC CORP TELEDYNE TECHNOLOGIES INC TGFIN HOLDINGS, INC. THQ, INC. TIBCO SOFTWARE, INC. TIGERLOGIC CORPORATION TALEO CORPORATION A TANGOE INC TELECOMMUNICATION SYSTEMS, INC. TAKE-TWO INTERACTIVE SOFTWARE, INC. TYLER TECHNOLOGIES, INC. US DATAWORKS, INC. ULTIMATE SOFTWARE GROUP, INC. VIEWCAST.COM, INC. VERTICAL COMPUTER SYS VERAMARK TECHNOLOGIES, INC. VMWARE, INC. VOCUS, INC. VRINGO, INC. VSE CORPORATION VERSANT CORPORATION WEBSAFETY, INC. WIN GLOBAL MARKETS INC WORDLOGIC CORPORATION WARP 9, INC. WAYSIDE TECHNOLOGY GROUP, INC. WARWICK VALLEY TELEPHONE COMPANY WIZZARD SOFTWARE CORPORATION XFORMITY TECHNOLOGIES, INC. ZYTO CORPORATION SIC CODE 7373 AUTHENTIDATE HOLDING CORPORATION ALLIED SECURITY INNOVATIONS, INC. ASURE SOFTWARE, INC. CACI INTERNATIONAL, INC. A CERNER CORPORATION COROWARE, INC. COMPUTER SCIENCES CORPORATION CSP, INC. COMPUTER SOFTWARE INNOVATIONS, INC. CHINA TRANSINFO TECHNOLOGY CORPORATION CONVERGYS CORPORATION DIRECT INSITE CORPORATION DISCOVERY COMMUNICATIONS INC B DIGIMARC CORPORATION DYNAMICS RESEARCH CORPORATION DOCUMENT SECURITY SYSTEMS, INC. DATALINK CORPORATION DYNAVOX?, INC. EBIX, INC. ECHELON CORPORATION EROOM SYSTEM TECHNOLOGIES, INC. 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INTELLIGENT COMMUNICATION ENTERPRISE CORP. IOWORLDMEDIA, INC. LINKEDIN CORP ALLSCRIPTS-MISYS HEALTHCARE SOLUTIONS, INC. MAKEMUSIC, INC. NTELOS HOLDINGS CORP QUANDRANT4 SYSTEMS CORP RACKSPACE HOSTING, INC. SANTEON GROUP, INC. SMTP INC. SERVICESOURCE INTERNATIONAL LLC UNI CORE HOLDINGS CORPORATION WORLDS, INC. BOINGO WIRELESS INC YOUBLAST GLOBAL, INC. ZOO ENTERTAINMENT, INC. SIC CODE 738 ATLANTIC AMERICAN CORP. ABM INDUSTRIES, INC. ACTIVECARE, INC. AMACORE GROUP, INC. ACCELERIZE NEW MEDIA, INC. ADM TRONICS UNLIMITED, INC. AUTOMATIC DATA PROCESSING ALLIANCE DATA SYSTEMS CORPORATION AFLAC INC ASHFORD HOSPITALITY TRUST, INC. ARTHUR J. GALLAGHER & CO. AKAMAI TECHNOLOGIES, INC. ACADIA REALTY TRUST ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report ALAMO GROUP INC. AMERICAN INTERNATIONAL INDUSTRIES, INC. AMARU, INC. AMERICAN SOFTWARE, INC. A AIMS WORLDWIDE, INC. 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COLEMAN CABLE, INC. COMPUCREDIT CORPORATION CITADEL EFT, INC CONSTELLATION ENERGY GROUP INC C&F FINANCIAL CORPORATION CULLEN FROST BANKERS, INC. CELADON GROUP, INC. CHINA GREEN ENERGY INDUSTRIES, INC. CHINA LONGYI GROUP INTERNATIONAL HOLDINGS COMPREHENSIVE CARE CORPORATION CHURCHILL DOWNS INC. CHINDEX INTERNATIONAL, INC. CHINA LOGISTICS GROUP, INC. CHEMUNG FINANCIAL CORPORATION CINEDIGM DIGITAL CINEMA CORP. CHINA INTERACTIVE EDUCATION, INC. CLAIMSNET.COM, INC. COLLECTORS UNIVERSE, INC. CORELOGIC, INC. COMERICA INC COMMERCIAL METALS COMPANY CHINA BCT PHARMACY GROUP, INC. CHINA INFORMATION TECHNOLOGY, INC. CENTRAL PACIFIC FINANCIAL CORPORATION COUPON EXPRESS INC CITIZENS REPUBLIC BANCORP INC CHINA RECYCLING ENERGY CORPORATION COMPUTER SCIENCES CORPORATION COSTAR GROUP, INC. CINTAS CORPORATION COUSINS PROPERTIES, INC. 79 Stocks, Bonds, Bills, and Inflation CONVERGYS CORPORATION CYIOS CORPORATION DARLING INTERNATIONAL, INC. DISABILITY ACCESS CORP DATA CALL TECHNOLOGIES, INC. E.I. DU PONT DE NEMOURS & COMPANY DECKERS OUTDOOR CORPORATION DEFENTECT GROUP, INC. DIVERSIFIED GLOBAL HOLDINGS GROUP, INC. DGSE COMPANIES, INC. DR HORTON INC WALT DISNEY CO DALE JARRETT RACING ADVENTURE, INC. DOLAN CO DUN & BRADSTREET CORPORATION DUKE REALTY CORP DEBT RESOLVE, INC. DATASCENSION, INC. DSW INC DUFF & PHELPS CORPORATION CLASS A DERYCZ SCIENTIFIC, INC. DYNASIL CORPORATION OF AMERICA EASTERN SECURITY & PROTECTION SERVICES INC EBAY INC ENCOMPASS GROUP AFFILIATES, INC. ECOLAB, INC. EDGAR ONLINE, INC. ENDEAVOR POWER CORP. EDELMAN FINANCIAL GROUP INC EASTERN INSURANCE HOLDINGS, INC. EASTMAN KODAK COMPANY EARTHLINK, INC. ENVESTNET, INC. ESCALADE, INC. EASYLINK SERVICES INTERNATIONAL CORP ESSEX PROPERTY TRUST EMTEC, INC. EDGEWAVE INC EXAMWORKS GROUP, INC. EXTERRAN HOLDINGS, INC. EXLSERVICE HOLDINGS, INC. FOREST CITY ENTERPRISES INC B FIRST CAPITAL INTERNATIONAL, INC. FAIR ISAAC CORP FIDELITY NATIONAL INFORMATION SERVICES, INC. FIFTH THIRD BANCORP FLUOR CORPORATION FLEETCOR TECHNOLOGIES, INC. FORESTAR GROUP, INC. FORTINET, INC. FULL CIRCLE CAPITAL CORP FURIEX PHARMACEUTICALS, INC. GAIAM, INC. GREAT AMERICAN GROUP INC AGL RESOURCES, INC. GLACIER BANCORP INC GENERAL ELECTRIC CO GENESIS ELECTRONICS GROUP, INC. GEOEYE INC GLOBAL GATE PROPERTY CORP GOLD HORSE INTERNATIONAL, INC. GLOBAL INVESTOR SERVICE, INC. GLOBAL PARTNERS, LP GLOBAL POWER EQUIPMENT GROUP, INC. GAME TRADING TECHNOLOGIES, INC. GLOBAL PAYMENTS, INC. GLOBAL PARI-MUTUEL SERVICES, INC. GREEN BANKSHARES, INC. GLOBAL SECURITY AGENCY, INC. GENCORP INC. HALLMARK FINANCIAL SERVICES HUNTINGTON BANCSHARES INC HCC INSURANCE HOLDINGS INC. HEALTHCARE SERVICES GROUP HARTFORD FINANCIAL SERVICES GROUP INC HMS HOLDINGS CORPORATION HARLEY-DAVIDSON INC HOVNANIAN ENTERPRISES INC HEARTLAND PAYMENT SYSTEMS, INC. HEALTHSTREAM, INC. HUGHES TELEMATICS, INC. ICAHN ENTERPRISES LP IHS, INC. A INTEGRATIVE HEALTH TECHNOLOGIES, INC. INTERVAL LEISURE GROUP, INC. INKSURE TECHNOLOGIES, INC. INNOTRAC CORPORATION INTUIT, INC. UTEK CORP INOVA TECHNOLOGY, INC. INNOVATIVE PRODUCT OPPORTUNITIES, INC. IRON MOUNTAIN INC GARTNER, INC. A ITEX CORPORATION INTERNATIONAL MONETARY SYSTEMS, LTD. IVEDA SOLUTIONS INC JANEL WORLD TRADE LTD. JINGWEI INTERNAT LTD JOHNSON OUTDOORS, INC. A JPMORGAN CHASE & CO KAR AUCTION SERVICES, INC. KNIGHT CAPITAL GROUP, INC. KEYCORP KEYNOTE SYSTEMS, INC. KFORCE, INC. MADISON AVE MEDIA, INC. KL ENERGY CORPORATION KINDER MORGAN ENERGY PARTNERS LP LOEWS CORPORATION LAYNE CHRISTENSEN COMPANY LEGGETT & PLATT, INC. LACLEDE GROUP, INC. LIONBRIDGE TECHNOLOGIES, INC. LIVE CURRENT MEDIA INC. LIMELIGHT NETWORKS, INC. SPARK NETWORKS, INC. MASTERCARD INCORPORATED A MID-AMERICA APARTMENT COMMUNITIES MACE SECURITY INTERNATIONAL, INC. MAM SOFTWARE GROUP, INC. MATTHEWS INTERNATIONAL CORPORATION A MORRIS BUSINESS DEVELOPMENT COMPANY MBIA INC MEDCAREERS GROUP, INC. MARCHEX, INC. MACROSOLVE, INC. MEDASSETS, INC. MEDCATH CORPORATION MEDIANET GROUP TECHNOLOGIES, INC. MERCADOLIBRE, INC. MONEYGRAM INTERNATIONAL, INC. MAGNOLIA SOLAR CORPORATION MUSCATO GROUP, INC. MEDICAL MARIJUANA, INC. MARKEL CORPORATION MARSH & MCLENNAN COMPANIES, INC. 3M CO MMRGLOBAL, INC. COMMAND SECURITY CORPORATION MOOG, INC. B MSCI, INC. MERISEL, INC. MEDIA SENTIMENT, INC. MICROSOFT CORPORATION VAIL RESORTS, INC. MEZABAY INTERNATIONAL, INC. NX GLOBAL, INC. NEWTEK BUSINESS SERVICES, INC. NATIONAL FUEL GAS COMPANY TARGA RESOURCES PARTNERS LP NEW JERSEY RESOURCES CORPORATION NEW MEXICO SOFTWARE, INC. NELNET, INC. A NATIONAL PENN BANCSHARES NETWORK DEALER SERVICES HOLDING CORP. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report NTELOS HOLDINGS CORP NORTHERN TRUST CORPORATION NETSPEND HOLDINGS, INC. NUMOBILE, INC. NORTHWEST BANCSHARES INC MD NATIONAL WESTERN LIFE INSURANCE A REALTY INCOME CORPORATION OMNICOMM SYSTEMS, INC. OLD NATIONAL BANCORP HIGHER ONE HOLDINGS, INC. ONVIA, INC. OFFICIAL PAYMENTS HOLDINGS INC OPENTABLE, INC. OPPENHEIMER HOLDINGS, INC. ONLINE RESOURCES CORPORATION OTTER TAIL CORPORATION PAB BANKSHARES, INC. PAR TECHNOLOGY CORP. PAWS PET CO INC PAID, INC. PRICELINE.COM, INC. LEEWARD GROUP HOLDINGS, INC. PDI, INC. PFSWEB, INC. PICO HOLDINGS, INC. PARK-OHIO HOLDINGS CORP PROTECTIVE LIFE CORP POLLEX, INC. PNC FINANCIAL SERVICES GROUP INC PREPAYD INC POST PROPERTIES INC PARK NATIONAL CORPORATION PEER REVIEW MEDIATION & ARBITRATION, INC. INTERNET PATENTS CORP QCR HOLDINGS INC QUINSTREET, INC. QUEST SOFTWARE, INC. QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE REPUBLIC BANCORP, INC. A RADIAN GROUP, INC. RICK'S CABARET INTERNATIONAL, INC. RAYMOND JAMES FINANCIAL, INC. RENASANT CORPORATION ROKWADER INC RPX CORP GEORGE RISK INDUSTRIES, INC. A RAYTHEON COMPANY SAPIENT CORPORATION SUBJEX CORPORATION SCHOLASTIC CORPORATION COMSCORE, INC. STEELCASE, INC. SOUNDBITE COMMUNICATIONS, INC. SUSPECT DETECTION SYSTEMS, INC. STANCORP FINANCIAL GROUP, INC. SPAR GROUP, INC. SAUER-DANFOSS, INC. SINGLE TOUCH SYSTEMS, INC. SVB FINANCIAL GROUP SOUTH JERSEY INDUSTRIES SKYSHOP LOGISTICS, INC. SOLERA HOLDINGS, INC. STRATUS MEDIA GROUP, INC. SONESTA INTERNATIONAL HOTELS CORP A SPARTON CORPORATION STANDARD PACIFIC CORP SPS COMMERCE, INC. SMARTPAY EXPRESS, INC. SOUTHERN CONNECTICUT BANCORP STEWART INFORMATION SERVICES, INC. SUNTRUST BANKS INC STR HOLDINGS, INC. SMART-TEK SOLUTIONS, INC. SYMANTEC CORP AT&T INC TCF FINANCIAL CORPORATION TREDEGAR CORPORATION 80 Stocks, Bonds, Bills, and Inflation TELLABS, INC. MANAGEMENT NETWORK GROUP, INC. TNS, INC. TPC GROUP, INC. DEALERTRACK HOLDINGS, INC. TRANSCEND SERVICES, INC. TRINITY INDUSTRIES, INC. TRIO-TECH INTERNATIONAL TRYCERA FINANCIAL, INC. TOTAL SYSTEM SERVICES, INC. TECHTARGET, INC. TRANSFER TECHNOLOGY INTERNATIONAL CORP TOWER GROUP, INC. TITAN INTERNATIONAL, INC. UNITED CAPITAL CORP. NET 1 UEPS TECHNOLOGIES, INC. UMB FINANCIAL CORPORATION UNITEDHEALTH GROUP INC UPSTREAM WORLDWIDE, INC. UNITED SECURITY BANCSHARES INC UNIVERSAL TRAVEL GROUP UNIVERSAL SECURITY INSTRUMENTS, INC. VISA, INC. VILLAGEEDOCS, INC. FOOD TECHNOLOGY SERVICE, INC. VORNADO REALTY TRUST VALUERICH, INC. VITAMIN SHOPPE, INC. VIASPACE, INC. VOICE ASSIST, INC. VETRO, INC. VIAD CORPORATION WEBMD HEALTH CORPORATION WEBSENSE, INC. WEST COAST BANCORP WEBMEDIA BRANDS INC. WILHELMINA INTERNATIONAL INC WEST MARINE INC. WSFS FINANCIAL CORPORATION WESTERN UNION COMPANY WWA GROUP, INC. WRIGHT EXPRESS CORP XENONICS HOLDINGS, INC. XEROX CORPORATION MOTORBOOSTER INC ZILLOW INC ZANETT, INC. ZALDIVA, INC. ZST DIGITAL NETWORKS, INC. SIC CODE 7381 BRINK'S COMPANY HOVNANIAN ENTERPRISES INC COMMAND SECURITY CORPORATION LEEWARD GROUP HOLDINGS, INC. SMART-TEK SOLUTIONS, INC. SIC CODE 7382 ABM INDUSTRIES, INC. ANV SECURITY GROUP, INC. APPLIED VISUAL SCIENCES, INC. AXCESS INTERNATIONAL, INC. EASTERN SECURITY & PROTECTION SERVICES INC EDGEWAVE INC FIRST CAPITAL INTERNATIONAL, INC. FORTINET, INC. GLOBAL SECURITY AGENCY, INC. INKSURE TECHNOLOGIES, INC. IRON MOUNTAIN INC IVEDA SOLUTIONS INC MACE SECURITY INTERNATIONAL, INC. 3M CO NUMOBILE, INC. GEORGE RISK INDUSTRIES, INC. A SUSPECT DETECTION SYSTEMS, INC. SPARTON CORPORATION UNIVERSAL SECURITY INSTRUMENTS, INC. XENONICS HOLDINGS, INC. SIC CODE 7389 ATLANTIC AMERICAN CORP. ACTIVECARE, INC. AMACORE GROUP, INC. ACCELERIZE NEW MEDIA, INC. ADM TRONICS UNLIMITED, INC. AUTOMATIC DATA PROCESSING ALLIANCE DATA SYSTEMS CORPORATION AFLAC INC ASHFORD HOSPITALITY TRUST, INC. ARTHUR J. GALLAGHER & CO. AKAMAI TECHNOLOGIES, INC. ACADIA REALTY TRUST ALAMO GROUP INC. AMERICAN INTERNATIONAL INDUSTRIES, INC. AMARU, INC. AMERICAN SOFTWARE, INC. A AIMS WORLDWIDE, INC. AMERICAN NATIONAL INSURANCE APPLIANCE RECYCLING CENTERS AMERICAN RAILCAR INDUSTRIES, INC. ASAP EXPO, INC. ASSURANCEAMERICA CORPORATION ASCENT CAPITAL GROUP INC AMERISERV FINANCIAL, INC. ART DIMENSIONS, INC. ATHENAHEALTH, INC. ATMEL CORPORATION AUXILIO, INC. HOMEAWAY INC AVALON HOLDINGS CORP. A AMREP CORPORATION BANK OF AMERICA CORPORATION BROADCAST INTERNATIONAL, INC. BUSINESS DEVELOP SOL BIRNER DENTAL MANAGEMENT SERVICES, INC. BFC FINANCIAL CORPORATION B B GREEN INNOVATIONS, INC. BERKSHIRE HILLS BANCORP, INC. SOTHEBYS A MICHAEL BAKER CORPORATION BLOGGERWAVE, INC. BULOVA TECHNOLOGIES GROUP INC BOOMERANG SYSTEMS, INC. BRAZIL FAST FOOD CORPORATION BONAMOUR INC BROADRIDGE FINANCIAL SOLUTIONS BROCADE COMMUNICATIONS SYSTEMS INC BUREAU OF FUGITIVE RECOVERY, INC. BIGSTRING CORP BANCORPSOUTH INC. CHINA AUTO LOGISTICS, INC. CARDTRONICS, INC. CAVICO CORPORATION COMMUNITY BANK SYSTEM INC. COLEMAN CABLE, INC. COMPUCREDIT CORPORATION CITADEL EFT, INC CONSTELLATION ENERGY GROUP INC C&F FINANCIAL CORPORATION CULLEN FROST BANKERS, INC. CELADON GROUP, INC. CHINA GREEN ENERGY INDUSTRIES, INC. CHINA LONGYI GROUP INTERNATIONAL HOLDINGS COMPREHENSIVE CARE CORPORATION CHURCHILL DOWNS INC. CHINDEX INTERNATIONAL, INC. CHINA LOGISTICS GROUP, INC. CHEMUNG FINANCIAL CORPORATION CINEDIGM DIGITAL CINEMA CORP. CHINA INTERACTIVE EDUCATION, INC. CLAIMSNET.COM, INC. COLLECTORS UNIVERSE, INC. CORELOGIC, INC. COMERICA INC COMMERCIAL METALS COMPANY CHINA BCT PHARMACY GROUP, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report CHINA INFORMATION TECHNOLOGY, INC. CENTRAL PACIFIC FINANCIAL CORPORATION COUPON EXPRESS INC CITIZENS REPUBLIC BANCORP INC CHINA RECYCLING ENERGY CORPORATION COMPUTER SCIENCES CORPORATION COSTAR GROUP, INC. CINTAS CORPORATION COUSINS PROPERTIES, INC. CONVERGYS CORPORATION CYIOS CORPORATION DARLING INTERNATIONAL, INC. DISABILITY ACCESS CORP DATA CALL TECHNOLOGIES, INC. E.I. DU PONT DE NEMOURS & COMPANY DECKERS OUTDOOR CORPORATION DEFENTECT GROUP, INC. DIVERSIFIED GLOBAL HOLDINGS GROUP, INC. DGSE COMPANIES, INC. DR HORTON INC WALT DISNEY CO DALE JARRETT RACING ADVENTURE, INC. DOLAN CO DUN & BRADSTREET CORPORATION DUKE REALTY CORP DEBT RESOLVE, INC. DATASCENSION, INC. DSW INC DUFF & PHELPS CORPORATION CLASS A DERYCZ SCIENTIFIC, INC. DYNASIL CORPORATION OF AMERICA EBAY INC ENCOMPASS GROUP AFFILIATES, INC. ECOLAB, INC. EDGAR ONLINE, INC. ENDEAVOR POWER CORP. EDELMAN FINANCIAL GROUP INC EASTERN INSURANCE HOLDINGS, INC. EARTHLINK, INC. ENVESTNET, INC. ESCALADE, INC. EASYLINK SERVICES INTERNATIONAL CORP ESSEX PROPERTY TRUST EMTEC, INC. EXAMWORKS GROUP, INC. EXTERRAN HOLDINGS, INC. EXLSERVICE HOLDINGS, INC. FOREST CITY ENTERPRISES INC B FAIR ISAAC CORP FIDELITY NATIONAL INFORMATION SERVICES, INC. FIFTH THIRD BANCORP FLUOR CORPORATION FLEETCOR TECHNOLOGIES, INC. FORESTAR GROUP, INC. FULL CIRCLE CAPITAL CORP FURIEX PHARMACEUTICALS, INC. GAIAM, INC. GREAT AMERICAN GROUP INC AGL RESOURCES, INC. GLACIER BANCORP INC GENERAL ELECTRIC CO GENESIS ELECTRONICS GROUP, INC. GEOEYE INC GLOBAL GATE PROPERTY CORP GOLD HORSE INTERNATIONAL, INC. GLOBAL INVESTOR SERVICE, INC. GLOBAL PARTNERS, LP GLOBAL POWER EQUIPMENT GROUP, INC. GAME TRADING TECHNOLOGIES, INC. GLOBAL PAYMENTS, INC. GLOBAL PARI-MUTUEL SERVICES, INC. GREEN BANKSHARES, INC. GENCORP INC. HALLMARK FINANCIAL SERVICES HUNTINGTON BANCSHARES INC HCC INSURANCE HOLDINGS INC. HEALTHCARE SERVICES GROUP 81 Stocks, Bonds, Bills, and Inflation HARTFORD FINANCIAL SERVICES GROUP INC HMS HOLDINGS CORPORATION HARLEY-DAVIDSON INC HEARTLAND PAYMENT SYSTEMS, INC. HEALTHSTREAM, INC. HUGHES TELEMATICS, INC. ICAHN ENTERPRISES LP IHS, INC. A INTEGRATIVE HEALTH TECHNOLOGIES, INC. INTERVAL LEISURE GROUP, INC. INNOTRAC CORPORATION INTUIT, INC. UTEK CORP INOVA TECHNOLOGY, INC. INNOVATIVE PRODUCT OPPORTUNITIES, INC. GARTNER, INC. A ITEX CORPORATION INTERNATIONAL MONETARY SYSTEMS, LTD. JANEL WORLD TRADE LTD. JINGWEI INTERNAT LTD JOHNSON OUTDOORS, INC. A JPMORGAN CHASE & CO KAR AUCTION SERVICES, INC. KNIGHT CAPITAL GROUP, INC. KEYCORP KEYNOTE SYSTEMS, INC. KFORCE, INC. MADISON AVE MEDIA, INC. KL ENERGY CORPORATION KINDER MORGAN ENERGY PARTNERS LP LOEWS CORPORATION LAYNE CHRISTENSEN COMPANY LEGGETT & PLATT, INC. LACLEDE GROUP, INC. LIONBRIDGE TECHNOLOGIES, INC. LIVE CURRENT MEDIA INC. LIMELIGHT NETWORKS, INC. SPARK NETWORKS, INC. MASTERCARD INCORPORATED A MID-AMERICA APARTMENT COMMUNITIES MAM SOFTWARE GROUP, INC. MATTHEWS INTERNATIONAL CORPORATION A MORRIS BUSINESS DEVELOPMENT COMPANY MBIA INC MEDCAREERS GROUP, INC. MARCHEX, INC. MACROSOLVE, INC. MEDASSETS, INC. MEDCATH CORPORATION MEDIANET GROUP TECHNOLOGIES, INC. MERCADOLIBRE, INC. MONEYGRAM INTERNATIONAL, INC. MAGNOLIA SOLAR CORPORATION MUSCATO GROUP, INC. MEDICAL MARIJUANA, INC. MARKEL CORPORATION MARSH & MCLENNAN COMPANIES, INC. MMRGLOBAL, INC. MOOG, INC. B MSCI, INC. MERISEL, INC. MEDIA SENTIMENT, INC. MICROSOFT CORPORATION VAIL RESORTS, INC. MEZABAY INTERNATIONAL, INC. NX GLOBAL, INC. NEWTEK BUSINESS SERVICES, INC. NATIONAL FUEL GAS COMPANY TARGA RESOURCES PARTNERS LP NEW JERSEY RESOURCES CORPORATION NEW MEXICO SOFTWARE, INC. NELNET, INC. A NATIONAL PENN BANCSHARES NETWORK DEALER SERVICES HOLDING CORP. NTELOS HOLDINGS CORP NORTHERN TRUST CORPORATION NETSPEND HOLDINGS, INC. NORTHWEST BANCSHARES INC MD NATIONAL WESTERN LIFE INSURANCE A REALTY INCOME CORPORATION OMNICOMM SYSTEMS, INC. OLD NATIONAL BANCORP HIGHER ONE HOLDINGS, INC. ONVIA, INC. OFFICIAL PAYMENTS HOLDINGS INC OPENTABLE, INC. OPPENHEIMER HOLDINGS, INC. ONLINE RESOURCES CORPORATION OTTER TAIL CORPORATION PAB BANKSHARES, INC. PAR TECHNOLOGY CORP. PAWS PET CO INC PAID, INC. PRICELINE.COM, INC. PDI, INC. PFSWEB, INC. PICO HOLDINGS, INC. PARK-OHIO HOLDINGS CORP PROTECTIVE LIFE CORP POLLEX, INC. PNC FINANCIAL SERVICES GROUP INC PREPAYD INC POST PROPERTIES INC PARK NATIONAL CORPORATION PEER REVIEW MEDIATION & ARBITRATION, INC. INTERNET PATENTS CORP QCR HOLDINGS INC QUINSTREET, INC. QUEST SOFTWARE, INC. QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE REPUBLIC BANCORP, INC. A RADIAN GROUP, INC. RICK'S CABARET INTERNATIONAL, INC. RAYMOND JAMES FINANCIAL, INC. RENASANT CORPORATION ROKWADER INC RPX CORP RAYTHEON COMPANY SAPIENT CORPORATION SUBJEX CORPORATION SCHOLASTIC CORPORATION COMSCORE, INC. STEELCASE, INC. SOUNDBITE COMMUNICATIONS, INC. STANCORP FINANCIAL GROUP, INC. SPAR GROUP, INC. SAUER-DANFOSS, INC. SINGLE TOUCH SYSTEMS, INC. SVB FINANCIAL GROUP SOUTH JERSEY INDUSTRIES SKYSHOP LOGISTICS, INC. SOLERA HOLDINGS, INC. STRATUS MEDIA GROUP, INC. SONESTA INTERNATIONAL HOTELS CORP A STANDARD PACIFIC CORP SPS COMMERCE, INC. SMARTPAY EXPRESS, INC. SOUTHERN CONNECTICUT BANCORP STEWART INFORMATION SERVICES, INC. SUNTRUST BANKS INC STR HOLDINGS, INC. SYMANTEC CORP AT&T INC TCF FINANCIAL CORPORATION TREDEGAR CORPORATION TELLABS, INC. MANAGEMENT NETWORK GROUP, INC. TNS, INC. TPC GROUP, INC. DEALERTRACK HOLDINGS, INC. TRANSCEND SERVICES, INC. TRINITY INDUSTRIES, INC. TRIO-TECH INTERNATIONAL TRYCERA FINANCIAL, INC. TOTAL SYSTEM SERVICES, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report TECHTARGET, INC. TRANSFER TECHNOLOGY INTERNATIONAL CORP TOWER GROUP, INC. TITAN INTERNATIONAL, INC. UNITED CAPITAL CORP. NET 1 UEPS TECHNOLOGIES, INC. UMB FINANCIAL CORPORATION UNITEDHEALTH GROUP INC UPSTREAM WORLDWIDE, INC. UNITED SECURITY BANCSHARES INC UNIVERSAL TRAVEL GROUP VISA, INC. VILLAGEEDOCS, INC. FOOD TECHNOLOGY SERVICE, INC. VORNADO REALTY TRUST VALUERICH, INC. VITAMIN SHOPPE, INC. VIASPACE, INC. VOICE ASSIST, INC. VETRO, INC. VIAD CORPORATION WEBMD HEALTH CORPORATION WEBSENSE, INC. WEST COAST BANCORP WEBMEDIA BRANDS INC. WILHELMINA INTERNATIONAL INC WEST MARINE INC. WSFS FINANCIAL CORPORATION WESTERN UNION COMPANY WWA GROUP, INC. WRIGHT EXPRESS CORP XEROX CORPORATION MOTORBOOSTER INC ZILLOW INC ZANETT, INC. ZALDIVA, INC. ZST DIGITAL NETWORKS, INC. SIC CODE 75 ABM INDUSTRIES, INC. CHINA AUTO LOGISTICS, INC. CHINA MEDIA GROUP CORP DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. HERTZ GLOBAL HOLDINGS INC KIRBY CORP. MONRO MUFFLER/BRAKE, INC. RYDER SYSTEM INC SPEEDEMISSIONS, INC. STANDARD PARKING CORPORATION SIC CODE 78 ALPHA-EN CORPORATION BIGSKY PRODUCTIONS, INC. BB LIQUIDATING INC B CROWN CITY PICTURES INC CHURCHILL DOWNS INC. CARMIKE CINEMAS, INC. CINEMARK HOLDINGS INC AMERICAN CRYOSTEM CORP DIGITAL DOMAIN MEDIA GROUP IMAGE ENTERTAINMENT, INC. DREAMWORKS ANIMATION SKG, INC. 4TH GRADE FILMS, INC. FUTURA PICTURES, INC. GLOBAL ENTERTAINMNT HLDG IMATION CORPORATION LUX DIGITAL PICTURES, INC. LYFE COMMUNICATIONS, INC. MARCUS CORPORATION MASS HYSTERIA ENTERTAINMENT CO, INC. MARTHA STEWART LIVING OMNIMEDIA, INC. MATCHES, INC. NETFLIX, INC. NEW FRONTIER MEDIA, INC. NEWS CORP B ODYSSEY PICTURES CORPORATION POINT.360 READING INTERNATIONAL, INC. B RENTRAK CORPORATION REGAL ENTERTAINMENT GROUP 82 Stocks, Bonds, Bills, and Inflation SEVEN ARTS ENTERTAINMENT INC STUDIO ONE MEDIA, INC. TBC GLOBAL NEWS NETWORK, INC. TIME WARNER INC OCULUS VISIONTECH INC VALCOM, INC. WORLD WRESTLING ENTERTAINMENT, INC. SIC CODE 781 ALPHA-EN CORPORATION BIGSKY PRODUCTIONS, INC. CROWN CITY PICTURES INC CHURCHILL DOWNS INC. AMERICAN CRYOSTEM CORP DIGITAL DOMAIN MEDIA GROUP IMAGE ENTERTAINMENT, INC. DREAMWORKS ANIMATION SKG, INC. 4TH GRADE FILMS, INC. FUTURA PICTURES, INC. GLOBAL ENTERTAINMNT HLDG LYFE COMMUNICATIONS, INC. MASS HYSTERIA ENTERTAINMENT CO, INC. MARTHA STEWART LIVING OMNIMEDIA, INC. MATCHES, INC. NEW FRONTIER MEDIA, INC. NEWS CORP B ODYSSEY PICTURES CORPORATION POINT.360 SEVEN ARTS ENTERTAINMENT INC STUDIO ONE MEDIA, INC. TIME WARNER INC WORLD WRESTLING ENTERTAINMENT, INC. SIC CODE 7812 BIGSKY PRODUCTIONS, INC. CROWN CITY PICTURES INC CHURCHILL DOWNS INC. AMERICAN CRYOSTEM CORP DIGITAL DOMAIN MEDIA GROUP IMAGE ENTERTAINMENT, INC. DREAMWORKS ANIMATION SKG, INC. FUTURA PICTURES, INC. GLOBAL ENTERTAINMNT HLDG LYFE COMMUNICATIONS, INC. MASS HYSTERIA ENTERTAINMENT CO, INC. MARTHA STEWART LIVING OMNIMEDIA, INC. MATCHES, INC. NEW FRONTIER MEDIA, INC. NEWS CORP B ODYSSEY PICTURES CORPORATION SEVEN ARTS ENTERTAINMENT INC TIME WARNER INC WORLD WRESTLING ENTERTAINMENT, INC. SIC CODE 783 CARMIKE CINEMAS, INC. CINEMARK HOLDINGS INC MARCUS CORPORATION READING INTERNATIONAL, INC. B REGAL ENTERTAINMENT GROUP VALCOM, INC. SIC CODE 7832 CARMIKE CINEMAS, INC. CINEMARK HOLDINGS INC MARCUS CORPORATION READING INTERNATIONAL, INC. B REGAL ENTERTAINMENT GROUP VALCOM, INC. SIC CODE 79 ALL-AMERICAN SPORTPARK, INC. ARCHON CORPORATION AMERISTAR CASINOS INC AMERICAN WAGERING, INC. BONAMOUR PACIFIC INC BOWL AMERICA INCORPORATED A BROWNIE'S MARINE GROUP, INC. BOYD GAMING CORPORATION BALLY TECHNOLOGIES, INC. CHURCHILL DOWNS INC. CALL NOW, INC. TOWN SPORTS INTERNATIONAL HOLDINGS, INC. CENTURY CASINOS, INC. CANTERBURY PARK HOLDING CORPORATION DOVER DOWNS GAMING & ENTERTAINMENT, INC. DELTA ENTERTAINMENT GROUP, INC. DIAL GLOBAL INC WALT DISNEY CO DOVER MOTORSPORTS, INC. EXERCISE FOR LIFE SYSTEMS, INC. ENTERTAINMENT GAMING ASIA, INC. FLORIDA GAMING CORPORATION FULL HOUSE RESORTS, INC. CEDAR FAIR LP GLOBAL CASINOS, INC. GAYLORD ENTERTAINMENT GALAXY GAMING, INC. GAMETECH INTERNATIONAL, INC. GLOBAL ENTERTAINMENT CORPORATION HMG/COURTLAND PROPERTIES HOLLYWOOD MEDIA CORPORATION INTERNATIONAL SPEEDWAY CORPORATION A ISLE OF CAPRI CASINOS, INC. LAKES ENTERTAINMENT, INC. LITTLEFIELD CORPORATION LIFE TIME FITNESS, INC. LIVE NATION ENTERTAINMENT, INC. MONARCH CASINO & RESORT, INC. MULTIMEDIA GAMES HOLDING CO INC MONKEY ROCK GROUP, INC. MADISON SQUARE GARDEN CO VAIL RESORTS, INC. NEW MEDIA LOTTERY SERVICES INC PENN NATIONAL GAMING PINNACLE ENTERTAINMENT INC. PARKS! AMERICA, INC. PREMIER EXHIBITIONS, INC. ROTATE BLACK, INC. SCORES HOLDING COMPANY, INC. SIX FLAGS ENTERTAINMENT CORP TABLE TRAC, INC. TIX CORPORATION TAKEDOWN ENTERTAINMENT, INC. SPEEDWAY MOTOR SPORTS, INC. TRANS WORLD CORPORATION U.S. BASKETBALL LEAGUE, INC. NEVADA GOLD & CASINOS, INC. VIACOM, INC. A WORLD SERIES OF GOLF, INC. XODTEC LED, INC. SIC CODE 792 DELTA ENTERTAINMENT GROUP, INC. DIAL GLOBAL INC WALT DISNEY CO HOLLYWOOD MEDIA CORPORATION LIVE NATION ENTERTAINMENT, INC. MADISON SQUARE GARDEN CO TIX CORPORATION XODTEC LED, INC. SIC CODE 7922 DELTA ENTERTAINMENT GROUP, INC. DIAL GLOBAL INC WALT DISNEY CO HOLLYWOOD MEDIA CORPORATION TIX CORPORATION XODTEC LED, INC. SIC CODE 794 BONAMOUR PACIFIC INC CHURCHILL DOWNS INC. CALL NOW, INC. CANTERBURY PARK HOLDING CORPORATION DOVER MOTORSPORTS, INC. GLOBAL ENTERTAINMENT CORPORATION INTERNATIONAL SPEEDWAY CORPORATION A VAIL RESORTS, INC. SPEEDWAY MOTOR SPORTS, INC. U.S. BASKETBALL LEAGUE, INC. WORLD SERIES OF GOLF, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SIC CODE 7948 BONAMOUR PACIFIC INC CHURCHILL DOWNS INC. CALL NOW, INC. CANTERBURY PARK HOLDING CORPORATION DOVER MOTORSPORTS, INC. INTERNATIONAL SPEEDWAY CORPORATION A SPEEDWAY MOTOR SPORTS, INC. SIC CODE 799 ALL-AMERICAN SPORTPARK, INC. ARCHON CORPORATION AMERISTAR CASINOS INC AMERICAN WAGERING, INC. BROWNIE'S MARINE GROUP, INC. BOYD GAMING CORPORATION BALLY TECHNOLOGIES, INC. CHURCHILL DOWNS INC. TOWN SPORTS INTERNATIONAL HOLDINGS, INC. CENTURY CASINOS, INC. DOVER DOWNS GAMING & ENTERTAINMENT, INC. WALT DISNEY CO EXERCISE FOR LIFE SYSTEMS, INC. ENTERTAINMENT GAMING ASIA, INC. FLORIDA GAMING CORPORATION FULL HOUSE RESORTS, INC. CEDAR FAIR LP GLOBAL CASINOS, INC. GAYLORD ENTERTAINMENT GALAXY GAMING, INC. GAMETECH INTERNATIONAL, INC. HMG/COURTLAND PROPERTIES ISLE OF CAPRI CASINOS, INC. LAKES ENTERTAINMENT, INC. LITTLEFIELD CORPORATION LIFE TIME FITNESS, INC. MONARCH CASINO & RESORT, INC. MULTIMEDIA GAMES HOLDING CO INC MONKEY ROCK GROUP, INC. NEW MEDIA LOTTERY SERVICES INC PENN NATIONAL GAMING PINNACLE ENTERTAINMENT INC. PARKS! AMERICA, INC. PREMIER EXHIBITIONS, INC. ROTATE BLACK, INC. SCORES HOLDING COMPANY, INC. SIX FLAGS ENTERTAINMENT CORP TABLE TRAC, INC. TAKEDOWN ENTERTAINMENT, INC. TRANS WORLD CORPORATION NEVADA GOLD & CASINOS, INC. SIC CODE 7993 ARCHON CORPORATION BALLY TECHNOLOGIES, INC. CHURCHILL DOWNS INC. CENTURY CASINOS, INC. ENTERTAINMENT GAMING ASIA, INC. GAMETECH INTERNATIONAL, INC. PINNACLE ENTERTAINMENT INC. SIC CODE 7999 ARCHON CORPORATION AMERISTAR CASINOS INC AMERICAN WAGERING, INC. BROWNIE'S MARINE GROUP, INC. BOYD GAMING CORPORATION DOVER DOWNS GAMING & ENTERTAINMENT, INC. FLORIDA GAMING CORPORATION FULL HOUSE RESORTS, INC. GLOBAL CASINOS, INC. GAYLORD ENTERTAINMENT GALAXY GAMING, INC. HMG/COURTLAND PROPERTIES ISLE OF CAPRI CASINOS, INC. LAKES ENTERTAINMENT, INC. LITTLEFIELD CORPORATION MONARCH CASINO & RESORT, INC. MULTIMEDIA GAMES HOLDING CO INC 83 Stocks, Bonds, Bills, and Inflation MONKEY ROCK GROUP, INC. NEW MEDIA LOTTERY SERVICES INC PENN NATIONAL GAMING PREMIER EXHIBITIONS, INC. ROTATE BLACK, INC. SCORES HOLDING COMPANY, INC. TABLE TRAC, INC. TAKEDOWN ENTERTAINMENT, INC. TRANS WORLD CORPORATION NEVADA GOLD & CASINOS, INC. SIC CODE 80 AMACORE GROUP, INC. ADCARE HEALTH SYSTEMS, INC. AMERICAN DENTAL PARTNERS, INC. ADDUS HOMECARE CORPORATION AMN HEALTHCARE SERVICES, INC. ALLIANCE HEALTHCARE SERVICES INC ASSISTED LIVING CONCEPTS, INC. ALERE INC AMEDISYS, INC. AMERICAN SHARED HOSPITAL AMSURG CORPORATION AMERICAN CARESOURCE HOLDINGS, INC. ADVOCAT CARDIONET, INC. BG MEDICINE, INC. BIOSCRIP, INC. BROOKDALE SENIOR LIVING, INC. BIO-REFERENCE LABS, INC. CAREADVANTAGE, INC. CATASYS, INC. CORD BLOOD AMERICA, INC. CANNABIS SCIENCE, INC. CHINA DIRECT INDUSTRIES INC CENTER FOR WOUND HEALING INC CHEMED CORPORATION CHINA PRINTING & PACKAGING, INC. CANTEL MEDICAL CORPORATION CNS RESPONSE, INC. CONMED HEALTHCARE MANAGEMENT, INC. CHINA SHESAYS MEDICAL COSMETOLOGY, INC. CAPITAL SENIOR LIVING CORPORATION COMMUNITY HEALTH SYSTEMS INC QUEST DIAGNOSTICS INC DIAGNOSTIC IMAGING INTERNATIONAL CORP DOW CHEMICAL CO DAVITA INC ENSIGN GROUP, INC. ENZO BIOCHEM, INC. EMERITUS CORPORATION FIVE STAR QUALITY CARE, INC. NEW CONCEPT ENERGY, INC. GENOMIC HEALTH, INC. GENELINK, INC. COMPLETE GENOMICS, INC. GRAYMARK HEALTHCARE, INC. GENTIVA HEALTH SERVICES, INC. HASCO MEDICAL, INC. HCA HOLDINGS INC HEARUSA INC HEMACARE CORPORATION HANGER ORTHOPEDIC GROUP INC HOOPER HOLMES, INC. HEALTHSOUTH CORP HEALTH MANAGEMENT ASSOCIATES, INC. HILL-ROM HOLDINGS, INC. HEALTHWAYS, INC. INTEGRATED HEALTHCARE HOLDINGS, INC. INTEGRAMED AMERICA, INC. IPC THE HOSPITALIST COMPANY, INC. ARCADIA RESOURCES, INC. KINDRED HEALTHCARE, INC. LCA-VISION, INC. LABORATORY CORPORATION OF AMERICA HOLDINGS LHC GROUP, INC. LINCARE HOLDINGS INC. LIFEPOINT HOSPITALS, INC. MEDNAX, INC. METROPOLITAN HEALTH NETWORKS MEDCATH CORPORATION MAGELLAN HEALTH SERVICES, INC. MIT HOLDING, INC. ACLOR INTERNATIONAL INC MEDTOX SCIENTIFIC, INC. MYLAN INC NAVIDEA BIOPHARMACEUTICALS INC NEOSTEM, INC. NATIONAL HEALTHCARE CORP NATIONAL HEALTH PARTNERS REALTY INCOME CORPORATION PACIFIC HEALTH CARE ORGANIZATION, INC. PSYCHEMEDICS CORPORATION PATIENT PORTAL TECHNOLOGIES, INC. RADNET, INC. ROTECH HEALTHCARE, INC. RTI BIOLOGICS, INC. SELECT MEDICAL HOLDINGS CORPORATION SKILLED HEALTHCARE GROUP, INC. SUNRISE SENIOR LIVING, INC. FOUNDATION SUNLINK HEALTHCARE AFFILIATES SUN HEALTHCARE GROUP, INC. TENET HEALTHCARE CORP TEAM HEALTH HOLDINGS INC UNIVERSITY GENERAL HEALTH SYSTEM INC UNIVERSAL HEALTH SERVICES, INC. B U.S. NEUROSURGICAL, INC. U.S. PHYSICAL THERAPY VALIANT HEALTH CARE, INC. VANGUARD HEALTH SYSTEMS INC WELLQUEST MEDICAL & WELLNESS CORP VCA ANTECH, INC. WIZZARD SOFTWARE CORPORATION SIC CODE 801 AMSURG CORPORATION INTEGRAMED AMERICA, INC. ARCADIA RESOURCES, INC. METROPOLITAN HEALTH NETWORKS WELLQUEST MEDICAL & WELLNESS CORP SIC CODE 8011 AMSURG CORPORATION INTEGRAMED AMERICA, INC. ARCADIA RESOURCES, INC. METROPOLITAN HEALTH NETWORKS WELLQUEST MEDICAL & WELLNESS CORP SIC CODE 805 ADCARE HEALTH SYSTEMS, INC. ADDUS HOMECARE CORPORATION ASSISTED LIVING CONCEPTS, INC. ADVOCAT BROOKDALE SENIOR LIVING, INC. CHEMED CORPORATION CAPITAL SENIOR LIVING CORPORATION ENSIGN GROUP, INC. EMERITUS CORPORATION FIVE STAR QUALITY CARE, INC. NEW CONCEPT ENERGY, INC. HASCO MEDICAL, INC. ARCADIA RESOURCES, INC. KINDRED HEALTHCARE, INC. MIT HOLDING, INC. NATIONAL HEALTHCARE CORP PATIENT PORTAL TECHNOLOGIES, INC. SKILLED HEALTHCARE GROUP, INC. SUNRISE SENIOR LIVING, INC. SUN HEALTHCARE GROUP, INC. SIC CODE 8051 ADCARE HEALTH SYSTEMS, INC. ADDUS HOMECARE CORPORATION ASSISTED LIVING CONCEPTS, INC. ADVOCAT CHEMED CORPORATION CAPITAL SENIOR LIVING CORPORATION ENSIGN GROUP, INC. EMERITUS CORPORATION FIVE STAR QUALITY CARE, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report ARCADIA RESOURCES, INC. KINDRED HEALTHCARE, INC. MIT HOLDING, INC. NATIONAL HEALTHCARE CORP SKILLED HEALTHCARE GROUP, INC. SUNRISE SENIOR LIVING, INC. SUN HEALTHCARE GROUP, INC. SIC CODE 806 AMACORE GROUP, INC. ALLIANCE HEALTHCARE SERVICES INC CHINA SHESAYS MEDICAL COSMETOLOGY, INC. COMMUNITY HEALTH SYSTEMS INC HCA HOLDINGS INC HEALTH MANAGEMENT ASSOCIATES, INC. INTEGRATED HEALTHCARE HOLDINGS, INC. KINDRED HEALTHCARE, INC. LIFEPOINT HOSPITALS, INC. MEDCATH CORPORATION RTI BIOLOGICS, INC. SELECT MEDICAL HOLDINGS CORPORATION FOUNDATION SUNLINK HEALTHCARE AFFILIATES TENET HEALTHCARE CORP UNIVERSITY GENERAL HEALTH SYSTEM INC UNIVERSAL HEALTH SERVICES, INC. B VANGUARD HEALTH SYSTEMS INC SIC CODE 8062 CHINA SHESAYS MEDICAL COSMETOLOGY, INC. COMMUNITY HEALTH SYSTEMS INC HCA HOLDINGS INC HEALTH MANAGEMENT ASSOCIATES, INC. INTEGRATED HEALTHCARE HOLDINGS, INC. KINDRED HEALTHCARE, INC. LIFEPOINT HOSPITALS, INC. MEDCATH CORPORATION RTI BIOLOGICS, INC. SELECT MEDICAL HOLDINGS CORPORATION FOUNDATION SUNLINK HEALTHCARE AFFILIATES TENET HEALTHCARE CORP UNIVERSAL HEALTH SERVICES, INC. B VANGUARD HEALTH SYSTEMS INC SIC CODE 807 AMERICAN SHARED HOSPITAL BG MEDICINE, INC. BIO-REFERENCE LABS, INC. CORD BLOOD AMERICA, INC. CANNABIS SCIENCE, INC. CNS RESPONSE, INC. QUEST DIAGNOSTICS INC DIAGNOSTIC IMAGING INTERNATIONAL CORP ENZO BIOCHEM, INC. GENOMIC HEALTH, INC. GENELINK, INC. COMPLETE GENOMICS, INC. LABORATORY CORPORATION OF AMERICA HOLDINGS MEDTOX SCIENTIFIC, INC. MYLAN INC NAVIDEA BIOPHARMACEUTICALS INC PSYCHEMEDICS CORPORATION RADNET, INC. RTI BIOLOGICS, INC. VCA ANTECH, INC. SIC CODE 8071 AMERICAN SHARED HOSPITAL BG MEDICINE, INC. BIO-REFERENCE LABS, INC. CORD BLOOD AMERICA, INC. CANNABIS SCIENCE, INC. CNS RESPONSE, INC. QUEST DIAGNOSTICS INC DIAGNOSTIC IMAGING INTERNATIONAL CORP ENZO BIOCHEM, INC. GENOMIC HEALTH, INC. GENELINK, INC. COMPLETE GENOMICS, INC. LABORATORY CORPORATION OF AMERICA HOLDINGS MEDTOX SCIENTIFIC, INC. 84 Stocks, Bonds, Bills, and Inflation MYLAN INC NAVIDEA BIOPHARMACEUTICALS INC PSYCHEMEDICS CORPORATION RADNET, INC. VCA ANTECH, INC. SIC CODE 808 ADDUS HOMECARE CORPORATION ALERE INC AMEDISYS, INC. CHEMED CORPORATION GENTIVA HEALTH SERVICES, INC. HILL-ROM HOLDINGS, INC. LHC GROUP, INC. ROTECH HEALTHCARE, INC. SIC CODE 8082 ADDUS HOMECARE CORPORATION ALERE INC AMEDISYS, INC. CHEMED CORPORATION GENTIVA HEALTH SERVICES, INC. HILL-ROM HOLDINGS, INC. LHC GROUP, INC. ROTECH HEALTHCARE, INC. SIC CODE 809 AMERICAN DENTAL PARTNERS, INC. AMN HEALTHCARE SERVICES, INC. ALERE INC AMERICAN CARESOURCE HOLDINGS, INC. CARDIONET, INC. BIOSCRIP, INC. CAREADVANTAGE, INC. CATASYS, INC. CHINA DIRECT INDUSTRIES INC CENTER FOR WOUND HEALING INC CANTEL MEDICAL CORPORATION CONMED HEALTHCARE MANAGEMENT, INC. DOW CHEMICAL CO DAVITA INC GRAYMARK HEALTHCARE, INC. HEARUSA INC HEMACARE CORPORATION HANGER ORTHOPEDIC GROUP INC HOOPER HOLMES, INC. HEALTHSOUTH CORP HEALTHWAYS, INC. IPC THE HOSPITALIST COMPANY, INC. LCA-VISION, INC. LINCARE HOLDINGS INC. MEDNAX, INC. MAGELLAN HEALTH SERVICES, INC. ACLOR INTERNATIONAL INC NEOSTEM, INC. NATIONAL HEALTH PARTNERS REALTY INCOME CORPORATION PACIFIC HEALTH CARE ORGANIZATION, INC. TEAM HEALTH HOLDINGS INC U.S. NEUROSURGICAL, INC. U.S. PHYSICAL THERAPY VALIANT HEALTH CARE, INC. WIZZARD SOFTWARE CORPORATION SIC CODE 8093 AMERICAN CARESOURCE HOLDINGS, INC. CARDIONET, INC. CENTER FOR WOUND HEALING INC GRAYMARK HEALTHCARE, INC. HANGER ORTHOPEDIC GROUP INC HEALTHSOUTH CORP HEALTHWAYS, INC. LCA-VISION, INC. LINCARE HOLDINGS INC. MEDNAX, INC. MAGELLAN HEALTH SERVICES, INC. U.S. NEUROSURGICAL, INC. U.S. PHYSICAL THERAPY SIC CODE 8099 AMERICAN DENTAL PARTNERS, INC. AMN HEALTHCARE SERVICES, INC. ALERE INC BIOSCRIP, INC. CAREADVANTAGE, INC. CATASYS, INC. CHINA DIRECT INDUSTRIES INC CONMED HEALTHCARE MANAGEMENT, INC. DOW CHEMICAL CO HEARUSA INC HEMACARE CORPORATION HOOPER HOLMES, INC. IPC THE HOSPITALIST COMPANY, INC. ACLOR INTERNATIONAL INC NEOSTEM, INC. NATIONAL HEALTH PARTNERS REALTY INCOME CORPORATION PACIFIC HEALTH CARE ORGANIZATION, INC. TEAM HEALTH HOLDINGS INC VALIANT HEALTH CARE, INC. WIZZARD SOFTWARE CORPORATION SIC CODE 82 ANOTEROS, INC. AMERICAN PUBLIC EDUCATION, INC. APOLLO GROUP INC A ARCHIPELAGO LEARNING, INC. BRIDGEPOINT EDUCATION, INC. BROADVIEW INSTITUTE, INC. CHINA BILINGUAL TECHNOLOGY & EDUCATION CAREER EDUCATION CORPORATION CHINA EXECUTIVE EDUCATION CORP CHINA IVY SCHOOL, INC. CORINTHIAN COLLEGES, INC. CAPELLA EDUCATION COMPANY DEVRY, INC. DYNAVOX?, INC. EDUCATION MANAGEMENT CORPORATION AMBASSADORS GROUP, INC. ITT EDUCATIONAL SERVICES, INC. GP STRATEGIES CORPORATION LINCOLN EDUCATIONAL SERVICES CORPORATION GRAND CANYON EDUCATION, INC. K12, INC. LEARNING TREE INTERNATIONAL, INC. NATIONAL AMERICAN UNIVERSITY HOLDINGS OAK TREE EDUCATIONAL PARTNERS, INC. PCS EDVENTURES!.COM PEOPLES EDUCATIONAL HOLDINGS, INC. PRINCETON REVIEW, INC. SCIENTIFIC LEARNING CORPORATION SMARTPROS LTD. STRAYER EDUCATION, INC. 30DC, INC. TIGRENT, INC. UNIVERSAL TECHNICAL INSTITUTE, INC. WASHINGTON POST COMPANY SIC CODE 822 AMERICAN PUBLIC EDUCATION, INC. APOLLO GROUP INC A BRIDGEPOINT EDUCATION, INC. BROADVIEW INSTITUTE, INC. CAREER EDUCATION CORPORATION CORINTHIAN COLLEGES, INC. CAPELLA EDUCATION COMPANY ITT EDUCATIONAL SERVICES, INC. LINCOLN EDUCATIONAL SERVICES CORPORATION PRINCETON REVIEW, INC. STRAYER EDUCATION, INC. UNIVERSAL TECHNICAL INSTITUTE, INC. SIC CODE 8221 AMERICAN PUBLIC EDUCATION, INC. APOLLO GROUP INC A BRIDGEPOINT EDUCATION, INC. BROADVIEW INSTITUTE, INC. CAREER EDUCATION CORPORATION CORINTHIAN COLLEGES, INC. CAPELLA EDUCATION COMPANY ITT EDUCATIONAL SERVICES, INC. LINCOLN EDUCATIONAL SERVICES CORPORATION PRINCETON REVIEW, INC. STRAYER EDUCATION, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report SIC CODE 829 ANOTEROS, INC. ARCHIPELAGO LEARNING, INC. CHINA BILINGUAL TECHNOLOGY & EDUCATION CAREER EDUCATION CORPORATION CHINA EXECUTIVE EDUCATION CORP CHINA IVY SCHOOL, INC. DEVRY, INC. EDUCATION MANAGEMENT CORPORATION AMBASSADORS GROUP, INC. GP STRATEGIES CORPORATION GRAND CANYON EDUCATION, INC. NATIONAL AMERICAN UNIVERSITY HOLDINGS OAK TREE EDUCATIONAL PARTNERS, INC. PCS EDVENTURES!.COM PEOPLES EDUCATIONAL HOLDINGS, INC. SCIENTIFIC LEARNING CORPORATION SMARTPROS LTD. 30DC, INC. TIGRENT, INC. SIC CODE 8299 ANOTEROS, INC. ARCHIPELAGO LEARNING, INC. CHINA BILINGUAL TECHNOLOGY & EDUCATION CAREER EDUCATION CORPORATION CHINA EXECUTIVE EDUCATION CORP CHINA IVY SCHOOL, INC. DEVRY, INC. EDUCATION MANAGEMENT CORPORATION AMBASSADORS GROUP, INC. GP STRATEGIES CORPORATION GRAND CANYON EDUCATION, INC. NATIONAL AMERICAN UNIVERSITY HOLDINGS OAK TREE EDUCATIONAL PARTNERS, INC. PCS EDVENTURES!.COM PEOPLES EDUCATIONAL HOLDINGS, INC. SCIENTIFIC LEARNING CORPORATION SMARTPROS LTD. 30DC, INC. TIGRENT, INC. SIC CODE 83 ALMOST FAMILY, INC. AGILYSYS, INC. AMERICAN LEARNING CORP DEERE & CO GRAMERCY CAPITAL CORPORATION HQ GLOBAL EDUCATION, INC. INTELLIGENT SYSTEMS CORP. MEDICAL ALARM CONCEPTS HOLDING, INC. REALTY INCOME CORPORATION PROVIDENCE SERVICE CORPORATION TELECOMMUNICATION SYSTEMS, INC. UNIFIRST CORPORATION UNITEDHEALTH GROUP INC SIC CODE 839 AGILYSYS, INC. DEERE & CO GRAMERCY CAPITAL CORPORATION INTELLIGENT SYSTEMS CORP. PROVIDENCE SERVICE CORPORATION TELECOMMUNICATION SYSTEMS, INC. SIC CODE 8399 AGILYSYS, INC. DEERE & CO GRAMERCY CAPITAL CORPORATION INTELLIGENT SYSTEMS CORP. PROVIDENCE SERVICE CORPORATION TELECOMMUNICATION SYSTEMS, INC. SIC CODE 87 ADVISORY BOARD COMPANY ABM INDUSTRIES, INC. ACORN ENERGY, INC. AECOM TECHNOLOGY CORPORATION ADVANCED MEDICAL ISOTOPE, INC. ACCRETIVE HEALTH INC ALBANY INTERNATIONAL CORPORATION ALBANY MOLECULAR RESEARCH, INC. AMYRIS, INC. 85 Stocks, Bonds, Bills, and Inflation AIMS WORLDWIDE, INC. ARBITRON CORPORATION ARROWHEAD RESEARCH CORPORATION ATS CORPORATION BOOZ ALLEN HAMILTON HOLDING CORP BIOANALYTICAL SYSTEMS, INC. BIOCORAL, INC. BIOHEART, INC. BIOCLINICA, INC. BIOQUAL, INC. MICHAEL BAKER CORPORATION BRAMPTON CREST INTERNATIONAL, INC. CAI INTERNATIONAL, INC. CASS INFORMATION SYSTEMS, INC. CLEVELAND BIOLABS, INC. CBIZ, INC. CHINA CGAME, INC. CDI CORPORATION CODEXIS, INC. SEACOR HOLDINGS INC CHINANET ONLINE HOLDINGS, INC. CENTERPOINT ENERGY INC CHINA RENEWABLE ENERGY HOLDINGS, INC. CHARLES RIVER LABORATORIES INTERNATIONAL COMPUTER SCIENCES CORPORATION COVANCE, INC. CORRECTIONS CORPORATION OF AMERICA DRESSER-RAND GROUP, INC. ANHUI TAIYANG POULTRY CO DYAX CORPORATION ENERGY EDGE TECHNOLOGIES CORP ECOLOGY AND ENVIRONMENT, INC. NIC, INC. ENCORIUM GROUP, INC. ENGLOBAL CORPORATION ERESEARCHTECHNOLOGY INC. EXACT SCIENCES CORPORATION CORPORATE EXECUTIVE BOARD COMPANY EXELIXIS, INC. EXPONENT, INC. FBR & CO MEDICAL BILLING ASSISTANCE, INC. FTI CONSULTING, INC. FACTSET RESEARCH SYSTEMS, INC. FUND.COM, INC. FORCE FUELS INC FORRESTER RESEARCH, INC. FIRST PHYSICIANS CAPITAL GROUP, INC. GEO GROUP, INC. GEVO, INC. GOLD HORSE INTERNATIONAL, INC. CORNING INC GEOVAX LABS, INC. GREEN ENERGY MANAGEMENT SERVICES HOLDINGS, INC. HYATT HOTELS CORPORATION HUNTINGTON BANCSHARES INC HACKETT GROUP, INC. HORNE INTERNATIONAL, INC. HARRIS INTERACTIVE, INC. HURON CONSULTING GROUP, INC. HYDROMER, INC. ICF INTERNATIONAL, INC. ICG GROUP INC INDUSTRIAL SERVICES OF AMERICA INTELGENX TECHNOLOGIES INFORMATION SERVICES GROUP, INC. INCYTE CORP LTD GARTNER, INC. A JADE ART GROUP, INC. KBR, INC. KL ENERGY CORPORATION KRATOS DEFENSE & SECURITY SOLUTIONS, INC. LANDAUER, INC. LEUCADIA NATIONAL CORPORATION LUNA INNOVATIONS, INC. LIBERATOR, INC. MANTECH INTERNATIONAL CORP A MATTERSIGHT CORP MAXYGEN, INC. MBIA INC MISTRAS GROUP, INC. MASTECH HOLDINGS, INC. MISCOR GROUP LTD. MAXIMUS, INC. NOWAUTO GROUP, INC. NAVIGANT CONSULTING NEOGENOMICS, INC. NORTHROP GRUMMAN CORP NATIONAL RESEARCH CORPORATION NATIONAL TECHNICAL SYSTEMS NEXT FUEL, INC. OCEANIC EXPLORATION COMPANY OMNICARE INC OCEANEERING INTERNATIONAL ONCOTHYREON, INC. OXYGEN BIOTHERAPEUTICS, INC. PAYCHEX, INC. PHARMA-BIO SERV, INC. PHI GROUP, INC. PROFIT PLANNERS MANAGEMENT, INC. PRGX GLOBAL, INC. PROTEONOMIX, INC. PAREXEL INTERNATIONAL CORPORATION QUICK-MED TECHNOLOGIES, INC. RAINMAKER SYSTEMS, INC. REDPOINT BIO CORP SAIC, INC. STREAM GLOBAL SERVICES, INC. SHAW GROUP INC SVB FINANCIAL GROUP SPHERIX, INC. SPIRE CORPORATION TELEDYNE TECHNOLOGIES INC TESSCO TECHNOLOGIES THOMAS GROUP INC. MANAGEMENT NETWORK GROUP, INC. TUTOR PERINI CORP TRC COMPANIES, INC. TURBOSONIC TECHNOLOGIES, INC. TETRA TECH, INC. TOWERS WATSON & CO. URS CORPORATION VERISK ANALYTICS, INC. VSE CORPORATION VERSAR, INC. WASHINGTON TRUST BANCORP GREAT WOLF RESORTS INC LECG CORPORATION SIC CODE 871 AECOM TECHNOLOGY CORPORATION ALBANY INTERNATIONAL CORPORATION CHINA CGAME, INC. DRESSER-RAND GROUP, INC. ENERGY EDGE TECHNOLOGIES CORP ECOLOGY AND ENVIRONMENT, INC. ENGLOBAL CORPORATION KBR, INC. KL ENERGY CORPORATION KRATOS DEFENSE & SECURITY SOLUTIONS, INC. MISTRAS GROUP, INC. MISCOR GROUP LTD. OCEANEERING INTERNATIONAL SHAW GROUP INC TELEDYNE TECHNOLOGIES INC TRC COMPANIES, INC. TURBOSONIC TECHNOLOGIES, INC. TETRA TECH, INC. URS CORPORATION VSE CORPORATION VERSAR, INC. SIC CODE 8711 AECOM TECHNOLOGY CORPORATION ALBANY INTERNATIONAL CORPORATION CHINA CGAME, INC. DRESSER-RAND GROUP, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report ENERGY EDGE TECHNOLOGIES CORP ECOLOGY AND ENVIRONMENT, INC. ENGLOBAL CORPORATION KBR, INC. KL ENERGY CORPORATION KRATOS DEFENSE & SECURITY SOLUTIONS, INC. MISTRAS GROUP, INC. MISCOR GROUP LTD. OCEANEERING INTERNATIONAL SHAW GROUP INC TELEDYNE TECHNOLOGIES INC TRC COMPANIES, INC. TURBOSONIC TECHNOLOGIES, INC. TETRA TECH, INC. URS CORPORATION VSE CORPORATION VERSAR, INC. SIC CODE 872 CASS INFORMATION SYSTEMS, INC. CBIZ, INC. MBIA INC PAYCHEX, INC. PRGX GLOBAL, INC. SIC CODE 8721 CASS INFORMATION SYSTEMS, INC. CBIZ, INC. MBIA INC PAYCHEX, INC. PRGX GLOBAL, INC. SIC CODE 873 ADVANCED MEDICAL ISOTOPE, INC. ALBANY MOLECULAR RESEARCH, INC. AMYRIS, INC. ARBITRON CORPORATION ARROWHEAD RESEARCH CORPORATION BIOANALYTICAL SYSTEMS, INC. BIOCORAL, INC. BIOHEART, INC. BIOCLINICA, INC. BIOQUAL, INC. CLEVELAND BIOLABS, INC. CODEXIS, INC. CHARLES RIVER LABORATORIES INTERNATIONAL COVANCE, INC. DYAX CORPORATION ENCORIUM GROUP, INC. ERESEARCHTECHNOLOGY INC. EXACT SCIENCES CORPORATION EXELIXIS, INC. GEVO, INC. CORNING INC GEOVAX LABS, INC. HYDROMER, INC. INTELGENX TECHNOLOGIES INCYTE CORP LTD LANDAUER, INC. LUNA INNOVATIONS, INC. MAXYGEN, INC. NEOGENOMICS, INC. NATIONAL RESEARCH CORPORATION NATIONAL TECHNICAL SYSTEMS NEXT FUEL, INC. OMNICARE INC ONCOTHYREON, INC. OXYGEN BIOTHERAPEUTICS, INC. PROTEONOMIX, INC. PAREXEL INTERNATIONAL CORPORATION QUICK-MED TECHNOLOGIES, INC. REDPOINT BIO CORP SPHERIX, INC. SPIRE CORPORATION TESSCO TECHNOLOGIES SIC CODE 8731 ADVANCED MEDICAL ISOTOPE, INC. ALBANY MOLECULAR RESEARCH, INC. AMYRIS, INC. ARROWHEAD RESEARCH CORPORATION BIOANALYTICAL SYSTEMS, INC. 86 Stocks, Bonds, Bills, and Inflation BIOCORAL, INC. BIOHEART, INC. BIOQUAL, INC. CLEVELAND BIOLABS, INC. CODEXIS, INC. CHARLES RIVER LABORATORIES INTERNATIONAL COVANCE, INC. DYAX CORPORATION ENCORIUM GROUP, INC. EXACT SCIENCES CORPORATION EXELIXIS, INC. GEVO, INC. GEOVAX LABS, INC. HYDROMER, INC. INTELGENX TECHNOLOGIES INCYTE CORP LTD LUNA INNOVATIONS, INC. MAXYGEN, INC. NATIONAL RESEARCH CORPORATION OMNICARE INC ONCOTHYREON, INC. OXYGEN BIOTHERAPEUTICS, INC. PROTEONOMIX, INC. PAREXEL INTERNATIONAL CORPORATION QUICK-MED TECHNOLOGIES, INC. REDPOINT BIO CORP SPIRE CORPORATION SIC CODE 8734 BIOCLINICA, INC. ERESEARCHTECHNOLOGY INC. CORNING INC LANDAUER, INC. NEOGENOMICS, INC. NATIONAL TECHNICAL SYSTEMS NEXT FUEL, INC. SPHERIX, INC. SIC CODE 874 ADVISORY BOARD COMPANY ABM INDUSTRIES, INC. ACORN ENERGY, INC. ACCRETIVE HEALTH INC AIMS WORLDWIDE, INC. ATS CORPORATION BOOZ ALLEN HAMILTON HOLDING CORP MICHAEL BAKER CORPORATION BRAMPTON CREST INTERNATIONAL, INC. CAI INTERNATIONAL, INC. CBIZ, INC. CDI CORPORATION SEACOR HOLDINGS INC CHINANET ONLINE HOLDINGS, INC. CENTERPOINT ENERGY INC CHINA RENEWABLE ENERGY HOLDINGS, INC. COMPUTER SCIENCES CORPORATION CORRECTIONS CORPORATION OF AMERICA ANHUI TAIYANG POULTRY CO NIC, INC. CORPORATE EXECUTIVE BOARD COMPANY EXPONENT, INC. FBR & CO MEDICAL BILLING ASSISTANCE, INC. FTI CONSULTING, INC. FACTSET RESEARCH SYSTEMS, INC. FUND.COM, INC. FORCE FUELS INC FORRESTER RESEARCH, INC. FIRST PHYSICIANS CAPITAL GROUP, INC. GEO GROUP, INC. GOLD HORSE INTERNATIONAL, INC. GREEN ENERGY MANAGEMENT SERVICES HOLDINGS, INC. HYATT HOTELS CORPORATION HUNTINGTON BANCSHARES INC HACKETT GROUP, INC. HORNE INTERNATIONAL, INC. HARRIS INTERACTIVE, INC. HURON CONSULTING GROUP, INC. ICF INTERNATIONAL, INC. ICG GROUP INC INDUSTRIAL SERVICES OF AMERICA INFORMATION SERVICES GROUP, INC. GARTNER, INC. A JADE ART GROUP, INC. KRATOS DEFENSE & SECURITY SOLUTIONS, INC. LEUCADIA NATIONAL CORPORATION LIBERATOR, INC. MANTECH INTERNATIONAL CORP A MATTERSIGHT CORP MASTECH HOLDINGS, INC. MAXIMUS, INC. NOWAUTO GROUP, INC. NAVIGANT CONSULTING NORTHROP GRUMMAN CORP OCEANIC EXPLORATION COMPANY PHARMA-BIO SERV, INC. PHI GROUP, INC. PROFIT PLANNERS MANAGEMENT, INC. PAREXEL INTERNATIONAL CORPORATION RAINMAKER SYSTEMS, INC. SAIC, INC. STREAM GLOBAL SERVICES, INC. SHAW GROUP INC SVB FINANCIAL GROUP SPHERIX, INC. THOMAS GROUP INC. MANAGEMENT NETWORK GROUP, INC. TUTOR PERINI CORP TOWERS WATSON & CO. VERISK ANALYTICS, INC. VSE CORPORATION WASHINGTON TRUST BANCORP GREAT WOLF RESORTS INC LECG CORPORATION SIC CODE 8741 ADVISORY BOARD COMPANY ACCRETIVE HEALTH INC MICHAEL BAKER CORPORATION CAI INTERNATIONAL, INC. CBIZ, INC. FBR & CO MEDICAL BILLING ASSISTANCE, INC. FUND.COM, INC. GEO GROUP, INC. GOLD HORSE INTERNATIONAL, INC. HYATT HOTELS CORPORATION GARTNER, INC. A LEUCADIA NATIONAL CORPORATION MANTECH INTERNATIONAL CORP A NOWAUTO GROUP, INC. NAVIGANT CONSULTING OCEANIC EXPLORATION COMPANY PHI GROUP, INC. RAINMAKER SYSTEMS, INC. SHAW GROUP INC MANAGEMENT NETWORK GROUP, INC. TUTOR PERINI CORP GREAT WOLF RESORTS INC SIC CODE 8742 ACORN ENERGY, INC. AIMS WORLDWIDE, INC. ATS CORPORATION BOOZ ALLEN HAMILTON HOLDING CORP CHINANET ONLINE HOLDINGS, INC. ANHUI TAIYANG POULTRY CO NIC, INC. CORPORATE EXECUTIVE BOARD COMPANY EXPONENT, INC. FTI CONSULTING, INC. FACTSET RESEARCH SYSTEMS, INC. FORCE FUELS INC FIRST PHYSICIANS CAPITAL GROUP, INC. GREEN ENERGY MANAGEMENT SERVICES HOLDINGS, INC. HUNTINGTON BANCSHARES INC HACKETT GROUP, INC. HARRIS INTERACTIVE, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. 2012 SBBI® Valuation Essentials Report HURON CONSULTING GROUP, INC. ICF INTERNATIONAL, INC. ICG GROUP INC INDUSTRIAL SERVICES OF AMERICA INFORMATION SERVICES GROUP, INC. GARTNER, INC. A JADE ART GROUP, INC. LIBERATOR, INC. MATTERSIGHT CORP MASTECH HOLDINGS, INC. MAXIMUS, INC. NAVIGANT CONSULTING PHARMA-BIO SERV, INC. PROFIT PLANNERS MANAGEMENT, INC. STREAM GLOBAL SERVICES, INC. SHAW GROUP INC THOMAS GROUP INC. TOWERS WATSON & CO. LECG CORPORATION SIC CODE 8744 ABM INDUSTRIES, INC. BRAMPTON CREST INTERNATIONAL, INC. CORRECTIONS CORPORATION OF AMERICA GEO GROUP, INC. HORNE INTERNATIONAL, INC. KRATOS DEFENSE & SECURITY SOLUTIONS, INC. SIC CODE 8748 AIMS WORLDWIDE, INC. CDI CORPORATION SEACOR HOLDINGS INC CENTERPOINT ENERGY INC CHINA RENEWABLE ENERGY HOLDINGS, INC. 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INTERNATIONAL DEVELOPMENT & ENVIRONMENTAL HOLDINGS IGENII, INC. 87 Stocks, Bonds, Bills, and Inflation INTERNET MEDIA SERVICES, INC. LENCO MOBILE, INC. LIGHTBRIDGE CORP MAKEMUSIC, INC. NIKE, INC. B NEW FRONTIER MEDIA, INC. OPTIMIZERX CORPORATION PEOPLESTRING CORP PURE EARTH, INC. SPECTRUM GROUP INTERNATIONAL, INC. TALEO CORPORATION A TRC COMPANIES, INC. USEC INC. VISTEON CORP. ZEBRA TECHNOLOGIES CORPORATION SIC CODE 8999 ASTRONICS CORPORATION B CABELA'S, INC. CBIZ, INC. CRYO-CELL INTERNATIONAL, INC. EPOCRATES, INC. H&E EQUIPMENT SERVICES, INC. INTERNATIONAL DEVELOPMENT & ENVIRONMENTAL HOLDINGS IGENII, INC. INTERNET MEDIA SERVICES, INC. LENCO MOBILE, INC. LIGHTBRIDGE CORP MAKEMUSIC, INC. NIKE, INC. B NEW FRONTIER MEDIA, INC. OPTIMIZERX CORPORATION PEOPLESTRING CORP PURE EARTH, INC. SPECTRUM GROUP INTERNATIONAL, INC. TALEO CORPORATION A TRC COMPANIES, INC. USEC INC. VISTEON CORP. ZEBRA TECHNOLOGIES CORPORATION SIC CODE 95 EASTERN ENVIRONMENT SOLUTIONS CORP FUEL TECH, INC. HAWKINS, INC. VALHI INC. WASTE2ENERGY HOLDINGS, INC. SIC CODE 951 EASTERN ENVIRONMENT SOLUTIONS CORP FUEL TECH, INC. HAWKINS, INC. VALHI INC. WASTE2ENERGY HOLDINGS, INC. SIC CODE 9511 EASTERN ENVIRONMENT SOLUTIONS CORP FUEL TECH, INC. HAWKINS, INC. VALHI INC. WASTE2ENERGY HOLDINGS, INC. ©2012 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc.