1. VIRGINIA ALLIES MEETING APRIL 2, 2009

2. VIRGINIA’S TARGET SECTORS Advanced Manufacturing Pharmaceuticals Chemicals Food processing Natural Resources Security & Services Federal Security Agencies & Providers Information Technology Finance, Insurance, HQ Professional & Business Services Science & Research Biotechnology/R&D Nanotechnology Emerging Industries Medical/Federal Labs Transportation Automotive Aerospace Global Logistics Distribution

3. VIRGINIA’S TARGET SECTORS Advanced Manufacturing Rolls-Royce Continental Goodyear AREVA Newport News Security & Services CSC Hilton MeadWestvaco VW North America Science & Research SRI Howard Hughes Merck National Ground Intelligence Transportation Harris Teeter Maersk APM MeadWestvaco – Augusta County

4. ANNOUNCEMENTS SINCE JUNE 2008 Central Virginia Hampton Roads Northern Virginia Southside Virginia Southwestern Virginia Valley Newport News LLC

5. RETURN ON INVESTED CAPITAL Parameters Performance data from FY2002-FY2007 updated semi-annually (current to 2 nd qtr. 2008) 162 projects received GOF year to date GOF Disbursements – $63.01 million year to date Total Incentive Grants – $164.99 million (TROF, VJIP, VIP, EZ, etc.) year to date Results to Date (since FY2002) Gross Revenue – $1,078,310,000 Net State Revenue – $913,320,000 Projected 10 Year Returns on Existing Companies GOF Disbursements – $63.31 million Total Incentives – $232.11 million Gross Revenue – $2,274,270,000 Net State Revenue – $2,042,160,000 State Benefit to Cost Ratio: $10 to $1

6. CURRENT PROJECT DYNAMICS Large, fast moving projects, fewer “average” projectsTechnical, emerging technologies, Consultants engagedCapital intensive/capital challenged, decline in International projectsNiche markets, seeking stimulus money Multiphase, multiple business units, cross sector linkages, R&D intensive

7. VIRGINIA’S GROWTH POTENTIAL Existing businessBiomedical science and health careInformation technology servicesAdvanced materialsClean energy and environmentTransportation and logistics

8. SCIENCE AND RESEARCH & DEVELOPMENT Championing SRI model and sectors with key stakeholders, universities, corporate leadership Aligning partners for strategic positioning (TICRE, VirginiaBIO, HHMI)Significant emphasis on C-suite Existing Industry “Gold Accounts”Pipeline – positioning for stimulus money

9. SECURITY & SERVICES Implementing a Cyber Security/Information Assurance initiativeLeveraging assets for target sectors (VMASC, DIA)Develop NOVA/SOVA lead development strategyPipeline – significant in data centers, modeling & simulation

10. ADVANCED MANUFACTURING Aligning with strategic partners in universities and VBEC Unique outreach marketing via media tours and industry associations (board member and event sponsor) Leadership role in Governor’s Manufacturing Summit VIPipeline – moderate activity, primarily existing industries

11. TRANSPORTATION & GLOBAL LOGISTICS Strategic outreach with VPA to develop infrastructure assetLeveraging service providers to create lead generationConnecting Existing Industry with Virginia’s university assetsPipeline – moderate in logistics, slow in aviation and automotive

12. VALET PROFILE OF PROGRAM PARTICIPANTS 110 companies accepted since 200265 companies graduated29 companies currently in the program16 companies deactivated by VEDP Upon entering the VALET Program, the 65 graduates reported an average of 33 years in business 139 Virginia employees $22,427,177 in Virginia sales $3,007,149 in international sales

13. ALL VALET PARTICIPANTS (2002-2009)

14. VALET PROGRAM VALUE Virginia companies use the VALET Program to increase international sales by an average of 88%.