1. International Business Context & Strategies The World’s Largest Companies All data from March 31, 2009 www.FT.com Amounts are in millions of dollars Nation data from CIA Factbook

2. 1. Exxon Mobil Market Capitalization: $336,524.9 Home: U.S. Industry: Oil & Gas Comparable economy size: Denmark – GDP: $342,925 – Population: 5,484,723

3. 2. PetroChina Market Capitalization: $287,185.2 Home: China Industry: Oil & Gas Comparable economy size: South Africa – GDP: $277,188 – Population: 44,344,136

4. 3. Wal-Mart Market Capitalization: $204,364.8 Home: U.S. Industry: General retailers Comparable economy size: Israel – GDP: $201,761 – Population: 7,233,701

5. 4. Industrial & Commercial Bank of China (ICBC) Market Capitalization: $187,885.4 Home: China Industry: Banking Comparable economy size: Singapore – GDP: $181,939 – Population: 4,608,167

6. 5. China Mobile Market Capitalization: $174,672.9 Home: Hong Kong Industry: Mobile telecommunications Comparable economy size: Chile – GDP: $169,573 – Population: 16,454,143

7. 6. Microsoft Market Capitalization: $163,319.5 Home: U.S. Industry: Software & computer services Comparable economy size: Egypt – GDP: $162,164 – Population: 81,713,520

8. 7. AT&T Market Capitalization: $148,511.3 Home: U.S. Industry: Fixed line telecommunications Comparable economy size: Philippines – GDP: $144,129 – Population: 96,061,680

9. 8. Johnson & Johnson Market Capitalization: $145,481.2 Home: U.S. Industry: Pharmaceuticals & biotechnology Comparable economy size: Pakistan – GDP: $143,597 – Population: 172,800,048

10. 9. Royal Dutch Shell Market Capitalization: $138,999.2 Home: U.K. Industry: Oil & Gas Comparable economy size: Hungary – GDP: $138,182 – Population: 9,905,596

11. 10. Proctor & Gamble Market Capitalization: $138,012.6 Home: U.S. Industry: Household goods Comparable economy size: Algeria – GDP: $135,285 – Population: 33,769,668