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Broker Forecasts

2008
Broker	Date	Rec	Pre-tax (£m)	EPS (p)	DPS (p)
Panmure Gordon	04/07/08	SELL	17.95	20.56	6.98
Arden Partners	01/07/08	RED	24.00	27.70	11.50
Consensus:	-	-	20.89	24.03	9.18
1 Month Change	-	-	-1.39	3.67	2.64
3 Month Change	-	-	-1.39	3.67	2.64

2009
Broker	Date	Rec	Pre-tax (£m)	EPS (p)	DPS (p)
Panmure Gordon	04/07/08	SELL	19.00	21.23	7.88
Arden Partners	01/07/08	RED	27.50	31.80	11.50
Consensus:	-	-	23.13	26.36	9.64
1 Month Change	-	-	-1.57	3.58	2.41
3 Month Change	-	-	-1.57	3.58	2.41

Data and tools provided by Hemscott Group Limited.

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