Broker Forecasts

2010

Oriel Securities[R]	10-03-10	BUY	28.70	46.30	25.50
Broker	Date	Rec	Pre-tax (£m)	EPS (p)	DPS (p)
Arden Partners	08-03-10	BUY	30.12	48.80	25.00
Daniel Stewart	08-03-10	BUY	27.90	45.00	25.50
Numis Securities Ltd	05-03-10	BUY	30.10	47.20	26.40
Altium Securities	26-02-10	BUY	31.00	48.10	26.50
Canaccord Adams	28-01-10	HOLD	29.00	46.70	25.50
Equity Development	07-09-09	None	26.50	42.30	25.50
Consensus:			29.53	47.49	25.50
1 Month Change			-0.16	0.65	0.00
3 Month Change			0.93	1.09	0.00
Growth (%)				-3.19
Standard Deviation (p)				2.00
PE Prospective (x)				12.74

Oriel Securities[R]	10-03-10	BUY	32.50	53.20	26.50
Broker	Date	Rec	Pre-tax	EPS	DPS
Arden Partners	08-03-10	BUY	33.64	54.50	27.00
Daniel Stewart	08-03-10	BUY	31.90	51.40	26.50
Numis Securities Ltd	05-03-10	BUY	38.80	62.10	28.80
Altium Securities	26-02-10	BUY	34.10	54.70	27.30
Canaccord Adams	28-01-10	HOLD	34.30	55.20	25.50
Equity Development	07-09-09	None
Consensus:			33.68	54.44	26.87
1 Month Change			0.24	-0.07	0.10
3 Month Change			0.77	1.30	0.02
Growth (%)				14.64
Standard Deviation (p)				3.34
PE Prospective (x)				11.11

Data provided by Hemscott Group Limited.