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Broker Forecasts

2008
Broker	Date	Rec	Pre-tax (£m)	EPS (p)	DPS (p)
Panmure Gordon	07/08/08	SELL	17.95	20.56	6.98
Arden Partners	04/08/08	RED	22.00	25.40	11.50
Consensus:	-	-	19.97	22.98	9.24
1 Month Change	-	-	-0.00	0.00	0.00
3 Month Change	-	-	-2.30	2.62	2.70

2009
Broker	Date	Rec	Pre-tax (£m)	EPS (p)	DPS (p)
Panmure Gordon	07/08/08	SELL	19.00	21.23	7.88
Arden Partners	04/08/08	RED	21.50	24.90	11.50
Consensus:	-	-	20.25	23.07	9.69
1 Month Change	-	-	0.00	0.00	0.00
3 Month Change	-	-	-4.45	0.29	2.46

Data and tools provided by Hemscott Group Limited.

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