1. Copyright 2005 Business in Europe 1 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info CORPORATE FINANCE IN EUROPE IN EUROPE Background CFIE & Opportunities Vercor European Market

2. Copyright 2005 Business in Europe 2 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info Index 1)Background team CFIE 2)Excitement relationship “Vercor Strategic Partner” 3)European M&A climate 4)Strength of the Euro: Opportunities Vercor 5)Opportunities for Vercor to represent US companies with European divisions who want to divest 6)Opportunities for Vercor to represent European companies who want to make acquisitions in the US 7)Q&A

3. Copyright 2005 Business in Europe 3 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info  Govert Derks: Finance experience in various European countries Likes dealing with people from different backgrounds  Joost Derks: Strong International Finance and IT Background MBA, CMA, CFM degrees  Piet Aarts: 30 years experience in International Business and negotiation  Eric Lipman: Tax background and expert in fiscal structuring Background team CFIE CFIE team has international background and broad skills

4. Copyright 2005 Business in Europe 4 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info Vercor strategic partner CFIE CFIE has a high interest in a long term relationship with Vercor:  Strong Vercor individuals with excellent track records  Opportunity to increase dealflow  Vercor network provides growth opportunities for the future  Possibility to have market presence in the US Vercor provides interesting opportunities for CFIE

5. Copyright 2005 Business in Europe 5 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info European M&A climate Excellent M&A climate in Europe There is (and will be) a large activity in the European M&A market due to:  Baby-boom generation retiring: large deal flow  Private Equity entering the European Market  Multinationals unraveling investments  European companies have strong Balance Sheets and high profits

6. Copyright 2005 Business in Europe 6 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info Strength of the Euro  Strength of the Euro is predicted to last (and possibly increase) in the long run  Double Deficit in the US weakens FX value US$  US targets become more interesting for European companies  Ideal time for European companies to enter the US market  Sales prices US Companies can increase in US$ terms Strength of the Euro provides high opportunities for Vercor directors

7. Copyright 2005 Business in Europe 7 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info Opportunities to represent US companies with European divisions who want to divest  Vercor directors can now service such companies (better)  CFIE has access, broad experience (and local contacts) in various European countries  CFIE can provide a shortlist of well targeted companies in Europe  Vercor can offer current and new customers a broader product portfolio Vercor directors can provide a broader range of services to their customers

8. Copyright 2005 Business in Europe 8 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info Opportunities to represent European companies that want to acquire in the US  Vercor directors can get access to European companies for US acquisitions  CFIE has access, broad experience (and local contacts) in various European countries  CFIE is currently increasing it’s own marketing network in Europe Vercor directors can possibly get new business

9. Copyright 2005 Business in Europe 9 Copyright © 2006 Corporate Finance in Europe www.corporatefinanceineurope.info Q&A  Any remarks / questions ? Thanks for your attention and cooperation !