1. Rosen Consulting Group Employment California Million

2. Rosen Consulting Group Employment Oakland MSA Thousand

3. Rosen Consulting Group Employment San Francisco MSA Thousand

4. Rosen Consulting Group Employment Orange County MSA Thousand

5. Rosen Consulting Group Employment Los Angeles MSA Million

6. Rosen Consulting Group Employment San Jose MSA Thousand

7. Rosen Consulting Group California MSA Employment Ranked by Percent Change in Jobs

8. Rosen Consulting Group California MSA Employment Ranked by Percent Change in Jobs

9. Rosen Consulting Group Single Family Housing Starts Units (000)

10. Rosen Consulting Group California Single Family Permits Units (000)

11. Rosen Consulting Group Existing Single Family Home Sales Units (000)

12. Rosen Consulting Group Existing Single Family Home Sales California Units (000)

13. Rosen Consulting Group Housing Affordability % Able to Afford Median-Priced Home

14. Rosen Consulting Group California Housing Affordability % Able to Afford Median-Priced Home

15. Rosen Consulting Group Residential Mortgage Rates Fixed and Adjustable

16. Rosen Consulting Group Existing Median Home Price Appreciation Annual % Change

17. Rosen Consulting Group Existing Median Home Price Appreciation California Annual % Change

18. Rosen Consulting Group World Output Growth Annual Growth

19. Rosen Consulting Group Output Growth North America Annual Growth

20. Rosen Consulting Group Output Growth Western Europe Annual Growth

21. Rosen Consulting Group Output Growth Asia Annual Growth

22. Rosen Consulting Group Output Growth South America Annual Growth

23. Rosen Consulting Group Commodities Prices Copper, 1996-1998 US$ / Ton

24. Rosen Consulting Group Commodities Prices Oil, 1996-1998 US$ / Barrel Brent Crude

25. Rosen Consulting Group World Economic Outlook Risks and Opportunities Asian Financial, Economic and Social Crises Asian Crises’ Effect on Other Regions Slow Pace of Banking Reform in Japan The Introduction of European Monetary Union Threat of Deflation - Worldwide Overcapacity Threat of Protectionism and Capital Controls

26. Rosen Consulting Group Exchange Rates 1995 - 1998 Cumulative Change vs. USD

27. Rosen Consulting Group Exchange Rates Volatility, 1995 - 1998 Annualized Standard Deviation

28. Rosen Consulting Group Country Risk Index Total Score 10=Best, 0=Worst

29. Rosen Consulting Group Country Return Index Total Score 10=Best, 0=Worst

30. Rosen Consulting Group Country Return Index Total Score, 1998-1999 10=Best, 0=Worst

31. Rosen Consulting Group Risk and Return Country Index Comparison Return Index Risk Index Netherlands United States Sweden Italy Spain United Kingdom Singapore Hong Kong Poland China Argentina Czech Republic Brazil Turkey Thailand Indonesia Japan Finland

32. Rosen Consulting Group Real Estate Cycle Overshooting Phase Absorption Phase Decline Phase Growth Phase Jakarta - 1:30 Lisbon/New York/ San Francisco - 6:30 San Jose/ Warsaw - 8:00 12 9 3 6 Bangkok/Seoul - 4:00 Tokyo - 2:30 Office Hong Kong/ Singapore - 2:00 Atlanta - 9:30 London - 8:30 Berlin - 5:00 Madrid - 5:30 Paris - 6:00

33. Rosen Consulting Group Central London Office Market Supply and Demand Square Feet, Millions

34. Rosen Consulting Group London - City Submarket Office Vacancy Rate Vacancy Rate

35. Rosen Consulting Group London - City Submarket Prime Office Rents GBP per Square Foot

36. Rosen Consulting Group Hong Kong Apartment Prices (“C” Units) HK $ per Square Meter

37. Rosen Consulting Group Hong Kong Office Market Supply and Demand Square Meters, 000s

38. Rosen Consulting Group Hong Kong Office Vacancy Rate Vacancy Rate