ROADSHOW FOR TELECORP

European Roadshow 20th – 24th July

Frankfurt – Düsseldorf - London

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Frankfurt – 20th July Berenberg Bank

Frank +49 (0) 172 Rothauge 45 30345 Macquarie Capital Marcus Sander +49 (0) 69 (Europe) Ltd 50957-8025 Renell Marc Renell +49 69 Wertpapierhandelsbank 133876-530 AG

[email protected] [email protected] [email protected]

Düsseldorf – 21th July Freelance Journalist Lessing Consultants Murphy & Spitz

Arnd Böken Martin Lessing Thomas Hoffmann

+49 30 726111 475 + 49 (0)160 1490009 +49 228 96 76 400

[email protected] [email protected] [email protected]

Frankfurt – 22th July Finanzen.net

Christian Hasewinkel

Handelsblatt

Udo Rettberg

High network individual

Karl-Heinz Peiler

+49 (0)721 / 1617660 +49 (0) 69 2424-3 +49 6930862753 / +49 16091966763

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London – 23th July Edison Investments HSBC Bank Plc. Deutsche Bank

Daniel Ridsdale Adam Rumley Marc Geall

+44-203077-5729 +44-207991-6819 +44-207545-8494

[email protected] [email protected] [email protected]

London – 24th July Daniel Stewart & Company Plc J.P. Morgan Cazenove Northland Capital Partners Limited Espirito Santo RSCH EMEA

Mike Jeremy Stacy Pollard David Johnson Vijay Anand Andrew Griffin

+44-7710 376492 +44-20 7588 2828 : +44-20-77968840 +44-20-33646775 +44-20-79961414

[email protected]

[email protected] [email protected] [email protected]

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Contents Berenberg .......................................................................................... 6 Macquarie Capital (Europe) Ltd. ........................................................ 7 Renell Wertpapierhandelsbank AG .................................................... 8 Arnd Böken ........................................................................................ 9 Lessing Consultants ........................................................................ 10 Murphy & Spitz Green Capital AG ................................................... 11 Finanzen.net .................................................................................... 12 Handelsblatt..................................................................................... 13 Karl-Heinz Peiler .............................................................................. 14 Edison Investment Research Limited............................................... 15 HSBC Bank Plc. .............................................................................. 16 Deutsche Bank AG .......................................................................... 17 Daniel Stewart & Company Plc ........................................................ 18 J.P. Morgan Cazenove .................................................................... 19 Northland Capital Partners Ltd......................................................... 20 Espirito Santo .................................................................................. 21 RSCH EMEA ................................................................................... 22

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18 July 2011

19 July 2011

20 July 2011

21 July 2011

22 July 2011

FRANKFURT

Düsseldorf

Frankfurt

LONDON

LONDON

8.30am

9.30am

9am

10am

Berenberg Bank

Arnd Böken

Finanzen Net

Daniel Stewart

Frank Rothauge Strategic Advisory

Freelance Journalist / Lawyer IT / SaaS

Chr. Hasewinkel & Kollegen WebCon

Mike Jeremy Equity Research

confirmed

cancelled

confirmed

confirmed

10am Macquire Capital Marcus Sander Security Analyst

10.00am Lessing Consultant

Handelsblatt

Nachhaltiges Investment confirmed

2pm

10am Edison Investments Dan Ridsdale Head of Technology

Stacy Pollard

confirmed

confirmed

cancelled

1pm

1.30pm

2pm Northland Capital Partners

Murphy&Schmitz

Lunch Meeting

HSBC Bank Plc

Thomas Hoffmann Security Analyst

Karl-Heinz Peiler

Adam Rumley Analyst TMT Global Research

David Johnson Head of Research

confirmed

confirmed

confirmed

2.30pm

4.30pm Renell Bank

Marc Renell Executive Manager

12noon J.P. Morgan Cazenove

Udo Rettberg

Martin Lessing

confirmed

12noon Video Production

10.30am

Via train to Frankfurt

Flight to London

confirmed

3.30pm

3.30pm Deutsche Bank

Espirito Santo

Marc Geall Head of European Technology

Vijay Anand Head of Research/ Technology

confirmed

confirmed

5.30pm RSCH EMEA Via car to Düsseldorf

Andrew Griffin Security Analyst confirmed

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Berenberg Frank Rothauge Security Analyst Berenberg Bank Joh. Berenberg, Gossler & Co. KG Bockenheimer Anlage 3 Frankfurt, 60322 Deutschland Phone: +49 (0) 172 45 30345 E-Mail: [email protected]

Overview Founded: 1590. Joh. Berenberg, Gossler & Co. is a wholly-owned investment banking and brokerage subsidiary of Joh. Berenberg, Gossler & Co. KG. The firm is an advisor and trading house for German and international institutional investors. Berenberg Capital Management GmbH is the asset management arm of Joh. Berenberg, Gossler & Co. KG.

Frank Rothauge Mr. Frank Alexander Rothauge is the head of technology, media and telecommunications and a security analyst at the Frankfurt office of Joh. Berenberg, Gossler & Co. Prior to joining the firm in May 2010, he served as the head of media and telecommunications and a security analyst at the Frankfurt office of Oppenheim Research GmbH. Mr. Rothauge is a Chartered Financial Analyst charterholder.

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Macquarie Capital (Europe) Ltd. Marcus Sander Security Analyst

Untermainanlage 1 Macquarie Capital (Europe) Ltd 60329 Frankfurt Germany Mail: [email protected] Phone: +49-69-50957-8025 Homepage: www.macquarie.com

Overview Founded 1969. Macquarie Capital (Europe) Ltd. (MC) is a London, England-based research and brokerage subsidiary of Macquarie Group Limited. In November 2007, MC changed its name from Macquarie Equities due to re-branding. On July 24, 2008, the firm acquired AME Capital Ltd. On August 31, 2009, the firm acquired Tristone Capital Limited.

Marcus Sander Mr. Marcus Sander is employed as a security analyst at Macquarie Capital (Europe) Ltd. Prior to joining the firm, Mr. Sander held the same role at Oppenheim Research GmbH. He is a Chartered Financial Analyst charterholder and a Certified European Financial Analyst.

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Renell Wertpapierhandelsbank AG Marc Renell Executive Manager

Schillerstraße 2 60313 Frankfurt Deutschland Mail: [email protected] Phone: +49 69 133876-530 / +49 (0) 171 486 87 88 Homepage: www.renellbank.com

Overview “Renell Wertpapierhandeldbank AG” was founded in 1985, and was admitted to the Frankfurt Stock Exchange (FSE) as an official broker. The company was registered with the FSE initially as an official broker for German and foreign warrants, and since 1993 for German stocks. The main activities include exchange and off-exchange securities transactions including all the related activities, forward trades and financial services, for instance as intermediary for transactions for the purchase and sale of financial instruments. The company was widened in 2001 to include a separate independent broker firm with its own KV number (7634), mainly to conduct brokerage business and proprietary trading in German and foreign stocks in which the company does not make a market as official broker.

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Arnd Böken Freelance journalist Lawyer at “Graf von Westphalen” Regus Business Center Königsallee 92a D- 40212 Düsseldorf Deutschland Mail: [email protected] Phone: +49 30 726111 475

Arnd Böken Arnd Böken is a freelance journalist focusing primarily on IT, SaaS and cloud computing. His articles were published by german economic newspapers and professional journals. Furthermore Böken is a lawyer at the chancery “Graf von Westphalen”.

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Lessing Consultants Martin Lessing / Harald Schwenk Advisor Regus Business Center Königsallee 92a 40212 Düsseldorf Deutschland Mail: [email protected]essing.de Phone: + 49 (0)160 1 49 000 9 Homepage: www.martin-lessing.de/

Martin Lessing Martin Lessing has been working for 14 years as a self-employed investment consultant concentrating on fair trade and sustainability. Lessing is a qualified trader, controller and investment advisor. After studying business (focus: finances) at the university of Münster in Germany, Lessing worked as Head of Department and Controller at “Kaufhof Warenhaus AG”, a great German trading company.

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Murphy & Spitz Green Capital AG Thomas Hoffmann Security Analyst Regus Business Center Königsallee 92a 40212 Düsseldorf Germany Mail: [email protected] Phone: +49 228 96 76 400 Homepage: www.murphyandspitz.de

Murphy&Spitz Green Capital AG Thomas Hoffmann Mr. Thomas Hoffmann is a security analyst and investment manager at Murphy&Spitz Green Capital AG. His role entails responsibility for analysing and watching the market, and writing company reports. Before working at Murphy&Spitz, Hoffmann was an analyst in the field of renewable energies and resources.

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Finanzen.net Christian Hasewinkel Journalist

Gräfstraße 97 60487 Frankfurt Deutschland

Mail: Phone: +49 (0)721 / 161766-0 Homepage: www.finanzen.net/

Overview Finanzen.net is an economic internet portal of the German publisher “Axel-Springer-Verlag” and attracts an average of seven million visitors per month.

Christian Hasewinkel Mr. Christian Hasewinkel is a journalist and also a member of “EquityStory AG”. Serving more than 6,000 customers the EquityStory group is a leading provider in the German-language area for online corporate communication services. Established in 1996, and market leader ever since, is the 100% affiliate Deutsche Gesellschaft für Ad-hoc-Publizität mbH (DGAP), an institution for the compliance of stock-listed companies with statutory requirements. .

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Handelsblatt Udo Rettberg Editor / Senior Financial Correspondent

Eschersheimer Landstraße 50 - 54 60322 Frankfurt / Main Deutschland Phone: +49 (0) 69 2424-3 Homepage: www.handelsblatt.com

Overview “Handelsblatt” is the foremost German newspaper in the fields of economy and finance. It is authorized by the stock exchanges in Frankfurt and Düsseldorf.

Udo Rettberg Mr. Udo Rettberg has been a journalist at the “Handelsblatt” for the last 25 years. He is a graduate in Business Economics and an expert in the markets of resources and foreign exchange.

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Karl-Heinz Peiler Financial Consultants Self-employed

Frankfurt Deutschland Mail: [email protected] Phone: +49 6930862753 / +49 16091966763

Karl-Heinz Peiler Mr. Karl-Heinz Peiler is a high network individual. He is very connected with other network individuals.

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14

Edison Investment Research Limited Daniel Ridsdale Security Analyst

Lincoln House 296-302 High Holborn London, WC1V 7JH UK Mail: [email protected] Phone: +44-20-3077-5729 Homepage: www.edisoninvestmentresearch.co.uk

Overview Founded: 2003. Edison Investment Research Limited is a London, England-based independent research firm founded by Fraser Thorne. The firm focuses on small and medium sized companies and offers services to brokers, institutions and corporates.

Daniel Ridsdale Mr. Daniel Ridsdale is the Head of the technology and telecoms team at Edison Investment Research. He has over 16 years’ experience covering the technology and telecoms industries. He was formerly a technology analyst for Singer Capital Markets, Teathers, Bridgewell, RW Baird and Nomura. Prior to this he advised on emerging trends in technology as a market analyst at Ovum, having started his career in the telecommunications software industry.

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15

HSBC Bank Plc. Adam Rumley Security Analyst

Level 10 8 Canada Square Canary Wharf London, E14 5HQ England Mail: [email protected] Phone: +44-20-7991-6819

Overview Founded: July 1985. HSBC Bank Plc (HS), formerly HSBC Investment Bank Plc, is an investment banking and brokerage subsidiary of HSBC Holding plc (BC). In 2002, HS changed its name. In July 1992, BC acquired Midland Bank in the United Kingdom and then formed HSBC Investment Bank plc, joining its securities and merchant banking businesses.

Adam Rumley Mr. Adam Mortimer Rumley is a security analyst at HSBC Bank Plc. Prior to joining the firm, he was an associate analyst at Citi Investment Research (Europe), which he joined in 2008.

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Deutsche Bank AG Marc Geall Security Analyst

105/108 Old Broad St (Pinners hall) London, EC2N 1EN UK E-Mail: [email protected] Phone: +44-20-7545-8494

Overview Founded: 1873. Deutsche Bank AG, formerly Deutsche Morgan Grenfell, is an investment banking and brokerage division of Deutsche Bank AG. Deutsche Bank Securities Inc., Deutsche Asset Management Americas and Deutsche Bank AG (Germany) are the firm's affiliates. The firm caters to corporate and institutional clients.

Marc Geall Mr. Marc Alexander Geall is a security analyst at Deutsche Bank AG, formerly Deutsche Bank Securities, Inc. Prior to joining the firm in July 2010, he was a vice president and a security analyst at Citi Investment Research (Europe), formerly Smith Barney Citigroup (Europe).

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Daniel Stewart & Company Plc Mike Jeremy Security Analyst

Becket House 36 Old Jewry London, EC2R 8DD UK Phone: +44-7710 376492 Email: [email protected]

Overview Founded: 1989. Stewart & Company Plc is a London, England-based investment banking and brokerage firm co-founded by Peter Daniel Shea. The firm provides a variety of financial and corporate advisory services to small and mid-size companies.

Mike Jeremy Mr. David Michael Howard Jeremy is the head of equity research at Daniel Stewart & Company Plc. Prior to joining the firm, Mr. Jeremy served as a security analyst with ING Financial Markets, from 1989 to 2005.

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18

J.P. Morgan Cazenove Stacy Pollard Equity Research Analyst JP Morgan Cazenove 1/F 10 Aldermanbury, London, EC2V 7RF UK Phone: +44- (0)20 7155-6124

Overview J.P. Morgan Cazenove is a leading investment bank focused on mergers & acquisitions, debt and equity placements and equity research and distribution based in the UK. The firm has approximately 900 employees. The firm was originally established as a joint venture between J.P. Morgan and Cazenove founded in 2005 and headquartered in London. In 2010 JP Morgan bought Cazenove out, and it is now a wholly owned subsidiary of JP Morgan.

Stacy Pollard Mrs Stacy Pollard is an Equity Research Analyst at J.P. Morgan Cazenove. Beforehand she was an Equity Research Analyst at Lehman Brothers (in Administration).

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19

Northland Capital Partners Ltd David Johnson Director of Research

60 Gresham Street London, EC2V 7BB UK Email: [email protected] Phone: +44-20-7796-8840 Homepage: www.northlandcp.co.uk

Overview Founded: 1992. Northland Capital Partners Limited, formerly Astaire Securities Plc is a London, England-based investment bank brokerage firm, founded by Edward Vandyk. On June 15, 2009, the firm changed its name from Blue Oar Securities Plc due to re-branding.

David Johnson Mr. David Johnson is the head of research at Northland Capital Partners Limited, formerly Astaire Securities Plc. Prior to joining the firm, he worked at St. Helen‘s Capital Plc. Previously, he worked at Altium Securities and Daniel Stewart. Earlier, Mr. Johnson was a security analyst at Evolution Beeson Gregory Ltd.

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Espirito Santo Vijay Anand Security Analyst

10 Paternoster Square London, EC4M 7AL England Phone: +44-20-3364-6775 Email: [email protected]

Overview Espírito Santo Investment Bank (ESIB) is an investment bank and brokerage subsidiary of the Banco Espírito Santo S.A. ESIB provides research and brokerage services for its private and institutional clients. On January 3, 2005 Espírito Santo Dealers Sociedade de Corretagem S.A.was incorporated into ESI.

Vijay Anand Mr. Vijay Anand serves as a security analyst at Espirito Santo Investment Bank. Previously, Mr. Anand served as a security analyst at Espirito Santo Investment Bank (India), formerly Execution Noble Limited

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RSCH EMEA Andrew Griffin Security Analyst

Merrill Lynch Financial Centre London, EC1A 1HQ England Phone: +44-20-7996-1414 Email: [email protected]

Overview Founded: 1922. Bank of America Merrill Lynch (UK) is a London, UK-based investment bank and brokerage firm. The firm is a subsidiary of Bank of America, N.A. In September 2008, the firm changed its name from Bank of America Securities Limited due to acquisition of Merrill Lynch International by Bank of America.

Andrew Griffin Mr. Andrew Wynn Griffin is a managing director and security analyst at Bank of America Merrill Lynch (UK).

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