1

Sample Company

Strategic ReviewAugust 15, 2000

2Sales / ROS by Product

0

500

1,000

1,500

2,000

2,500

Prod A Prod B Prod C

SalesMax ROSMin ROS

22-22-30%30%ROSROS

10-15%10-15% 5-8%5-8%

Product A Drives the Market

56% of Total Sales

25%19%

3Market Share AnalysisBefore After

Consolidation Data

Before AfterCompany $ Million % Total $ Million % Total

ABCDEFGHITotal

$ 575 475 475 175 175 150 100 1001,930

$4,155

14 12 12 4 4 4 2 2 46100

$ 575 --

950 175 175 150 100 100 1,930$4,155

14--

23 4 4 4 2 2 46100

4Domestic Revenue Base

$825

$110$15

$500

$75

$175$-

$200

$400

$600

$800

$1,000

Comp A Comp B Comp C

Prod A Prod B Prod C

Consolidation Data

($ in Millions)

5

Annual Data

90.0

110.0

130.0

150.0

170.0

190.0

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005Year

Industry Analysis by Sector

Quarterly Data

20,000,000

25,000,000

30,000,000

35,000,000

40,000,000

45,000,000

50,000,000

Quarter

Nonresidential Sectors 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005Amusement, Social and Recreational Bldgs 6.5 7.1 8.1 10.0 10.8 11.5 10.7 9.6 9.1 9.6 10.2 11.2Dormitories 1.5 1.4 1.5 2.0 2.1 2.5 2.6 2.8 2.9 2.9 3.0 3.3Government Service Buildings 6.1 6.3 6.3 7.0 6.6 8.1 7.8 7.5 7.5 7.8 8.4 8.5Hospitals and Other Health Treatment 10.5 10.8 11.1 11.9 12.9 13.5 12.7 12.7 12.7 13.3 13.9 14.6Hotels and Motels 2.8 4.4 6.7 7.9 9.2 8.5 8.3 8.0 7.0 7.6 8.6 9.4Manufacturing Plants, Warehouses, Labs 11.2 13.8 13.1 14.2 11.7 10.4 12.5 12.9 12.9 12.8 13.8 13.4Miscellaneous Nonresidential Buildings 3.0 3.8 4.0 4.0 3.5 5.1 5.3 5.4 5.3 5.1 5.2 5.9Office and Bank Buildings 13.7 14.8 17.3 22.2 29.1 29.0 30.7 29.1 26.4 27.3 28.9 30.6Parking Garages and Automotive Services 3.5 4.0 4.5 5.5 6.8 7.5 7.3 6.5 5.7 5.2 5.8 6.6Religious Buildings 2.5 2.8 2.9 3.8 4.3 4.5 4.2 4.1 4.0 4.1 4.4 4.5Schools, Libraries, and Labs (nonmfg) 19.6 21.5 21.4 26.4 27.9 34.2 34.4 35.7 35.1 33.5 34.7 34.7Stores and Restaurants 15.3 16.3 16.1 16.6 19.2 20.4 19.0 17.9 16.9 17.9 19.1 19.6Warehouses (excl. manufacturer owned) 5.5 7.1 7.4 7.8 9.5 9.6 9.8 9.4 8.3 8.3 8.7 8.9Total Nonresidential 101.5 114.2 120.4 139.2 153.8 164.8 165.4 161.6 153.7 155.2 164.8 171.2Annual Growth Rate 13% 5% 16% 10% 7% 0% -2% -5% 1% 6% 4%

Apartments 13.3 15.6 15.6 21.2 24.7 27.3 28.0 27.9 27.2 29.8 32.8 34.7Annual Growth Rate 17% 0% 36% 16% 10% 2% 0% -2% 10% 10% 6%

6

Strategic Options

• Status Quo• Product Line Dominance• Acquire New Product Lines• Sell to Financial Buyer• Sell to Strategic Buyer