Broker Forecasts and Consensus

2011 Broker Forecasts
Broker	Date	Recommendation	Pre-tax (�m)	EPS (p)	DPS (p)
Panmure Gordon	06-09-10	BUY	34.50	6.16	2.05
Brewin Dolphin	03-09-10	BUY	35.00	6.60	2.00
Arden Partners	03-09-10	BUY	36.47	6.60	2.20
KBC Peel Hunt Ltd	03-09-10	BUY	35.62	6.47	2.07
Numis Securities Ltd	01-09-10	BUY	33.90	6.10	2.00
Edison Investment Research	01-09-10	None	33.50	6.40	1.50
Execution Noble	19-08-10	BUY	37.70	7.00	1.90
Milkstone Ltd	15-04-10	BUY	35.50	6.50	3.00
Eden Group	06-01-10	BUY	�	�	�
Consensus:			35.34	6.48	2.01
1 Month Change:			0.49	0.05	-0.06
3 Month Change:			0.66	0.05	-0.08

2010 Broker Forecasts
Broker	Date	Recommendation	Pre-tax (�m)	EPS (p)	DPS (p)
Panmure Gordon	06-09-10	BUY	32.50	5.80	1.80
Brewin Dolphin	03-09-10	BUY	32.00	6.00	1.80
Arden Partners	03-09-10	BUY	32.20	5.90	1.90
KBC Peel Hunt Ltd	03-09-10	BUY	31.66	5.75	1.80
Numis Securities Ltd	01-09-10	BUY	32.00	5.70	1.91
Edison Investment Research	01-09-10	None	31.00	5.90	1.00
Execution Noble	19-08-10	BUY	34.00	6.30	1.80
Milkstone Ltd	15-04-10	BUY	32.00	5.80	1.00
Eden Group	06-01-10	BUY	�	�	�
Consensus:			32.23	5.90	1.72
1 Month Change:			0.29	0.03	0.05
3 Month Change:			0.23	0.08	-0.16

Financial information provided by Hemscott Group Limited.