calculating beta

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Closing Value % Change Nifty HH ITC INFY HUL Nifty HH ITC INFY HUL 1-Jan-04 ### 459 995 ### 2-Jan-04 ### 466 ### ### 2% 2% 3% 1% 5 Year 5-Jan-04 ### 451 ### ### 0% -3% 4% 4% 2004 6-Jan-04 ### 446 ### ### -1% -1% -3% -3% 2005 7-Jan-04 ### 447 ### ### -1% 0% -1% 0% 2006 8-Jan-04 ### 456 ### ### 3% 2% 5% 3% 2007 9-Jan-04 ### 483 ### ### 0% 6% 1% 0% 2008 12-Jan-04 ### 484 ### ### -1% 0% 3% -2% 13-Jan-04 ### 491 ### ### 1% 1% -1% 1% 14-Jan-04 ### 480 ### ### 1% -2% 3% -2% 15-Jan-04 ### 460 ### ### -2% -4% 0% -3% 16-Jan-04 ### 462 ### ### -2% 1% -1% -1% 19-Jan-04 ### 485 ### ### 2% 5% 2% 0% 20-Jan-04 ### 482 ### ### -2% -1% -2% -2% 21-Jan-04 ### 451 ### ### -4% -6% -1% 0% 22-Jan-04 ### 428 ### ### -3% -5% -2% -4% 23-Jan-04 ### 455 ### ### 4% 6% -5% 6% 27-Jan-04 ### 464 ### ### 3% 2% 2% 2% 28-Jan-04 ### 459 ### ### -2% -1% -3% -3% 29-Jan-04 ### 448 ### ### -1% -2% 1% -3% 30-Jan-04 ### 452 ### ### -2% 1% 0% -1% 3-Feb-04 ### 439 ### ### -2% -3% -1% 0% 4-Feb-04 ### 461 ### ### 3% 5% -1% 3% 5-Feb-04 ### 463 975 ### -1% 0% -3% 1% 6-Feb-04 ### 464 990 ### 2% 0% 2% 2% 9-Feb-04 ### 483 996 ### 3% 4% 1% 2% 10-Feb-04 ### 480 ### ### 0% -1% 1% -3% 11-Feb-04 ### 483 ### ### 1% 1% 0% -1% 12-Feb-04 ### 506 ### ### 0% 5% 0% -2% 13-Feb-04 ### 501 ### ### 2% -1% 5% 0% 16-Feb-04 ### 504 ### ### 0% 1% 1% 0% 17-Feb-04 ### 498 ### ### 0% -1% 1% 1% 18-Feb-04 ### 504 ### ### 0% 1% 0% -1% 19-Feb-04 ### 491 ### ### -3% -3% 0% -5% 20-Feb-04 ### 512 ### ### 0% 4% 1% -1% 23-Feb-04 ### 485 ### ### -2% -5% 0% 0% 24-Feb-04 ### 514 ### ### 1% 6% 2% -1% 25-Feb-04 ### 500 ### ### -2% -3% -3% -2% 26-Feb-04 ### 500 ### ### -1% 0% 1% -2% 27-Feb-04 ### 493 ### ### 2% -1% 1% 4% 1-Mar-04 ### 517 ### ### 3% 5% 4% 5% 3-Mar-04 ### 524 ### ### 0% 1% 3% -3% 4-Mar-04 ### 520 ### ### -1% -1% -1% 2% 5-Mar-04 ### 534 ### ### 1% 3% 0% -1% 8-Mar-04 ### 540 ### ### 1% 1% 1% -3% 9-Mar-04 ### 531 ### ### -1% -2% -1% -2% 10-Mar-04 ### 496 ### ### -1% -7% 0% -2% 11-Mar-04 ### 473 ### ### -2% -5% -2% -1%

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Page 1: Calculating Beta

Closing Value % Change BetaNifty HH ITC INFY HUL Nifty HH ITC INFY HUL HH

1-Jan-04 1,912 459 995 5,636 2-Jan-04 1,946 466 1,023 5,667 2% 2% 3% 1% 5 Year 0.84 5-Jan-04 1,955 451 1,061 5,887 0% -3% 4% 4% 2004 0.83 6-Jan-04 1,927 446 1,034 5,685 -1% -1% -3% -3% 2005 0.82 7-Jan-04 1,917 447 1,025 5,693 -1% 0% -1% 0% 2006 1.78 8-Jan-04 1,969 456 1,077 5,848 3% 2% 5% 3% 2007 0.43 9-Jan-04 1,972 483 1,086 5,821 0% 6% 1% 0% 2008 0.41

12-Jan-04 1,946 484 1,114 5,720 -1% 0% 3% -2%13-Jan-04 1,964 491 1,101 5,794 1% 1% -1% 1%14-Jan-04 1,982 480 1,134 5,706 1% -2% 3% -2%15-Jan-04 1,944 460 1,136 5,561 -2% -4% 0% -3%16-Jan-04 1,901 462 1,121 5,524 -2% 1% -1% -1%19-Jan-04 1,935 485 1,140 5,503 2% 5% 2% 0%20-Jan-04 1,893 482 1,121 5,411 -2% -1% -2% -2%21-Jan-04 1,825 451 1,106 5,396 -4% -6% -1% 0%22-Jan-04 1,771 428 1,080 5,174 -3% -5% -2% -4%23-Jan-04 1,848 455 1,029 5,461 4% 6% -5% 6%27-Jan-04 1,905 464 1,054 5,561 3% 2% 2% 2%28-Jan-04 1,863 459 1,018 5,417 -2% -1% -3% -3%29-Jan-04 1,844 448 1,029 5,253 -1% -2% 1% -3%30-Jan-04 1,810 452 1,025 5,213 -2% 1% 0% -1%3-Feb-04 1,769 439 1,011 5,198 -2% -3% -1% 0%4-Feb-04 1,822 461 1,002 5,360 3% 5% -1% 3%5-Feb-04 1,805 463 975 5,439 -1% 0% -3% 1%6-Feb-04 1,834 464 990 5,559 2% 0% 2% 2%9-Feb-04 1,881 483 996 5,650 3% 4% 1% 2%

10-Feb-04 1,881 480 1,005 5,508 0% -1% 1% -3%11-Feb-04 1,892 483 1,009 5,471 1% 1% 0% -1%12-Feb-04 1,885 506 1,010 5,353 0% 5% 0% -2%13-Feb-04 1,914 501 1,059 5,376 2% -1% 5% 0%16-Feb-04 1,914 504 1,071 5,356 0% 1% 1% 0%17-Feb-04 1,920 498 1,080 5,398 0% -1% 1% 1%18-Feb-04 1,916 504 1,080 5,351 0% 1% 0% -1%19-Feb-04 1,858 491 1,079 5,106 -3% -3% 0% -5%20-Feb-04 1,853 512 1,091 5,065 0% 4% 1% -1%23-Feb-04 1,808 485 1,090 5,083 -2% -5% 0% 0%24-Feb-04 1,821 514 1,112 5,044 1% 6% 2% -1%25-Feb-04 1,787 500 1,076 4,967 -2% -3% -3% -2%26-Feb-04 1,766 500 1,092 4,885 -1% 0% 1% -2%27-Feb-04 1,800 493 1,101 5,062 2% -1% 1% 4%

1-Mar-04 1,853 517 1,140 5,319 3% 5% 4% 5%3-Mar-04 1,860 524 1,175 5,185 0% 1% 3% -3%4-Mar-04 1,844 520 1,165 5,285 -1% -1% -1% 2%5-Mar-04 1,868 534 1,167 5,249 1% 3% 0% -1%8-Mar-04 1,885 540 1,176 5,111 1% 1% 1% -3%9-Mar-04 1,866 531 1,169 4,985 -1% -2% -1% -2%

10-Mar-04 1,844 496 1,171 4,902 -1% -7% 0% -2%11-Mar-04 1,805 473 1,148 4,856 -2% -5% -2% -1%

Page 2: Calculating Beta

12-Mar-04 1,812 475 1,134 5,037 0% 0% -1% 4%15-Mar-04 1,763 450 1,101 4,940 -3% -5% -3% -2%16-Mar-04 1,749 478 1,076 4,942 -1% 6% -2% 0%17-Mar-04 1,750 467 1,092 5,043 0% -2% 1% 2%18-Mar-04 1,717 453 1,086 4,937 -2% -3% 0% -2%19-Mar-04 1,725 454 1,070 5,189 0% 0% -1% 5%22-Mar-04 1,685 445 1,072 5,076 -2% -2% 0% -2%23-Mar-04 1,696 450 1,079 5,170 1% 1% 1% 2%24-Mar-04 1,692 462 1,067 5,048 0% 3% -1% -2%25-Mar-04 1,704 463 1,069 5,167 1% 0% 0% 2%26-Mar-04 1,748 470 1,071 5,310 3% 2% 0% 3%29-Mar-04 1,762 479 1,067 5,213 1% 2% 0% -2%30-Mar-04 1,750 478 1,050 5,038 -1% 0% -2% -3%31-Mar-04 1,772 491 1,043 4,938 1% 3% -1% -2%

1-Apr-04 1,820 502 1,083 5,111 3% 2% 4% 3%2-Apr-04 1,841 496 1,087 5,000 1% -1% 0% -2%5-Apr-04 1,857 494 1,090 5,174 1% 0% 0% 3%6-Apr-04 1,851 490 1,084 5,313 0% -1% -1% 3%7-Apr-04 1,849 505 1,092 5,325 0% 3% 1% 0%8-Apr-04 1,854 513 1,090 5,312 0% 2% 0% 0%

12-Apr-04 1,838 505 1,076 5,143 -1% -2% -1% -3%13-Apr-04 1,878 502 1,086 5,494 2% -1% 1% 7%15-Apr-04 1,862 503 1,088 5,336 -1% 0% 0% -3%16-Apr-04 1,869 498 1,087 5,390 0% -1% 0% 1%17-Apr-04 1,868 495 1,076 5,394 0% -1% -1% 0%19-Apr-04 1,844 489 1,087 5,361 -1% -1% 1% -1%20-Apr-04 1,844 486 1,076 5,381 0% -1% -1% 0%21-Apr-04 1,873 500 1,079 5,426 2% 3% 0% 1%22-Apr-04 1,890 501 1,080 5,386 1% 0% 0% -1%23-Apr-04 1,892 499 1,081 5,307 0% 0% 0% -1%27-Apr-04 1,817 481 1,057 5,136 -4% -3% -2% -3%28-Apr-04 1,817 479 1,058 5,102 0% 0% 0% -1%29-Apr-04 1,809 481 1,066 5,039 0% 0% 1% -1%30-Apr-04 1,796 482 1,077 5,146 -1% 0% 1% 2%3-May-04 1,767 463 1,073 5,185 -2% -4% 0% 1%4-May-04 1,793 474 1,062 5,220 1% 2% -1% 1%5-May-04 1,810 481 1,057 5,261 1% 1% -1% 1%6-May-04 1,833 493 1,047 5,297 1% 2% -1% 1%7-May-04 1,804 492 1,030 5,219 -2% 0% -2% -1%

10-May-04 1,769 485 999 5,125 -2% -1% -3% -2%11-May-04 1,699 463 935 5,046 -4% -5% -6% -2%12-May-04 1,711 464 933 5,083 1% 0% 0% 1%13-May-04 1,718 452 952 5,194 0% -3% 2% 2%14-May-04 1,582 443 917 5,090 -8% -2% -4% -2%17-May-04 1,389 408 827 4,519 -12% -8% -10% -11%18-May-04 1,504 433 906 4,881 8% 6% 10% 8%19-May-04 1,568 441 899 4,973 4% 2% -1% 2%20-May-04 1,544 450 888 4,928 -2% 2% -1% -1%21-May-04 1,560 459 897 4,910 1% 2% 1% 0%24-May-04 1,609 474 919 5,319 3% 3% 2% 8%25-May-04 1,607 482 924 5,356 0% 2% 1% 1%

Page 3: Calculating Beta

26-May-04 1,599 477 890 5,284 0% -1% -4% -1%27-May-04 1,586 489 915 5,298 -1% 2% 3% 0%28-May-04 1,509 450 880 5,058 -5% -8% -4% -5%31-May-04 1,484 446 878 5,201 -2% -1% 0% 3%

1-Jun-04 1,508 462 903 5,288 2% 4% 3% 2%2-Jun-04 1,535 478 901 5,338 2% 4% 0% 1%3-Jun-04 1,495 470 877 5,241 -3% -2% -3% -2%4-Jun-04 1,521 479 876 5,217 2% 2% 0% 0%7-Jun-04 1,543 470 890 5,207 1% -2% 2% 0%8-Jun-04 1,551 481 894 5,178 1% 3% 0% -1%9-Jun-04 1,548 479 893 5,222 0% 0% 0% 1%

10-Jun-04 1,545 473 897 5,273 0% -1% 0% 1%11-Jun-04 1,508 475 890 5,111 -2% 0% -1% -3%14-Jun-04 1,481 474 877 4,994 -2% 0% -1% -2%15-Jun-04 1,501 482 884 5,082 1% 2% 1% 2%16-Jun-04 1,495 476 885 5,146 0% -1% 0% 1%17-Jun-04 1,512 473 892 5,200 1% -1% 1% 1%18-Jun-04 1,491 473 867 5,265 -1% 0% -3% 1%21-Jun-04 1,482 482 858 5,351 -1% 2% -1% 2%22-Jun-04 1,475 475 861 5,375 0% -2% 0% 0%23-Jun-04 1,446 470 847 5,323 -2% -1% -2% -1%24-Jun-04 1,471 490 861 5,409 2% 4% 2% 2%25-Jun-04 1,489 493 867 5,484 1% 1% 1% 1%28-Jun-04 1,514 489 871 5,598 2% -1% 0% 2%29-Jun-04 1,518 508 877 5,587 0% 4% 1% 0%30-Jun-04 1,506 507 887 5,524 -1% 0% 1% -1%

1-Jul-04 1,537 504 887 1,409 2% -1% 0% -74%2-Jul-04 1,538 511 909 1,423 0% 1% 3% 1%5-Jul-04 1,527 516 916 1,429 -1% 1% 1% 0%6-Jul-04 1,558 528 938 1,427 2% 2% 2% 0%7-Jul-04 1,567 521 965 1,392 1% -1% 3% -2%8-Jul-04 1,518 491 979 1,352 -3% -6% 1% -3%9-Jul-04 1,553 502 1,051 1,383 2% 2% 7% 2%

12-Jul-04 1,557 487 1,054 1,376 0% -3% 0% 0%13-Jul-04 1,539 468 1,045 1,403 -1% -4% -1% 2%14-Jul-04 1,523 451 1,008 1,421 -1% -4% -4% 1%15-Jul-04 1,539 460 994 1,443 1% 2% -1% 2%16-Jul-04 1,559 462 1,025 1,478 1% 1% 3% 2%19-Jul-04 1,572 452 1,016 1,478 1% -2% -1% 0%20-Jul-04 1,566 436 996 1,448 0% -3% -2% -2%21-Jul-04 1,581 441 993 1,437 1% 1% 0% -1%22-Jul-04 1,598 437 985 1,443 1% -1% -1% 0%23-Jul-04 1,602 440 1,001 1,455 0% 1% 2% 1%26-Jul-04 1,618 442 1,052 1,460 1% 0% 5% 0%27-Jul-04 1,601 436 1,051 1,479 -1% -1% 0% 1%28-Jul-04 1,594 434 1,035 1,508 0% -1% -1% 2%29-Jul-04 1,619 418 1,047 1,536 2% -4% 1% 2%30-Jul-04 1,632 429 1,038 1,554 1% 3% -1% 1%2-Aug-04 1,639 438 1,034 1,556 0% 2% 0% 0%3-Aug-04 1,631 432 1,013 1,577 -1% -1% -2% 1%4-Aug-04 1,627 430 1,037 1,548 0% -1% 2% -2%

Page 4: Calculating Beta

5-Aug-04 1,655 448 1,047 1,558 2% 4% 1% 1%6-Aug-04 1,633 452 1,046 1,527 -1% 1% 0% -2%9-Aug-04 1,643 466 1,047 1,534 1% 3% 0% 0%

10-Aug-04 1,652 464 1,040 1,525 1% 0% -1% -1%11-Aug-04 1,622 450 1,046 1,504 -2% -3% 1% -1%12-Aug-04 1,607 444 1,041 1,499 -1% -1% 0% 0%13-Aug-04 1,598 441 1,019 1,480 -1% -1% -2% -1%16-Aug-04 1,599 434 1,037 1,487 0% -2% 2% 0%17-Aug-04 1,604 441 1,019 1,483 0% 2% -2% 0%18-Aug-04 1,582 439 1,006 1,487 -1% 0% -1% 0%19-Aug-04 1,609 449 1,034 1,537 2% 2% 3% 3%20-Aug-04 1,590 447 1,025 1,547 -1% 0% -1% 1%23-Aug-04 1,578 449 1,016 1,560 -1% 0% -1% 1%24-Aug-04 1,592 450 1,029 1,556 1% 0% 1% 0%25-Aug-04 1,596 449 1,034 1,535 0% 0% 0% -1%26-Aug-04 1,611 448 1,043 1,546 1% 0% 1% 1%27-Aug-04 1,609 443 1,024 1,565 0% -1% -2% 1%30-Aug-04 1,628 449 1,041 1,577 1% 1% 2% 1%31-Aug-04 1,632 443 1,047 1,576 0% -1% 1% 0%

1-Sep-04 1,635 447 1,047 1,581 0% 1% 0% 0%2-Sep-04 1,629 444 1,039 1,603 0% -1% -1% 1%3-Sep-04 1,634 443 1,039 1,607 0% 0% 0% 0%6-Sep-04 1,644 451 1,035 1,608 1% 2% 0% 0%7-Sep-04 1,650 455 1,042 1,615 0% 1% 1% 0%8-Sep-04 1,656 450 1,043 1,625 0% -1% 0% 1%9-Sep-04 1,649 442 1,080 1,623 0% -2% 4% 0%

10-Sep-04 1,669 440 1,106 1,654 1% 0% 2% 2%13-Sep-04 1,675 446 1,103 1,676 0% 1% 0% 1%14-Sep-04 1,686 463 1,087 1,701 1% 4% -1% 2%15-Sep-04 1,683 457 1,091 1,701 0% -1% 0% 0%16-Sep-04 1,706 458 1,142 1,695 1% 0% 5% 0%17-Sep-04 1,734 458 1,175 1,690 2% 0% 3% 0%20-Sep-04 1,729 453 1,184 1,658 0% -1% 1% -2%21-Sep-04 1,750 450 1,178 1,676 1% -1% 0% 1%22-Sep-04 1,754 455 1,166 1,664 0% 1% -1% -1%23-Sep-04 1,726 446 1,160 1,630 -2% -2% -1% -2%24-Sep-04 1,723 443 1,152 1,614 0% -1% -1% -1%27-Sep-04 1,718 443 1,139 1,640 0% 0% -1% 2%28-Sep-04 1,700 435 1,128 1,612 -1% -2% -1% -2%29-Sep-04 1,728 437 1,138 1,640 2% 0% 1% 2%30-Sep-04 1,746 448 1,137 1,696 1% 3% 0% 3%

1-Oct-04 1,775 454 1,129 1,703 2% 1% -1% 0%4-Oct-04 1,806 453 1,146 1,728 2% 0% 2% 1%5-Oct-04 1,812 444 1,146 1,721 0% -2% 0% 0%6-Oct-04 1,795 430 1,127 1,686 -1% -3% -2% -2%7-Oct-04 1,816 438 1,121 1,706 1% 2% -1% 1%8-Oct-04 1,820 437 1,117 1,708 0% 0% 0% 0%9-Oct-04 1,818 436 1,118 1,699 0% 0% 0% -1%

11-Oct-04 1,808 431 1,110 1,687 -1% -1% -1% -1%12-Oct-04 1,787 426 1,106 1,711 -1% -1% 0% 1%14-Oct-04 1,795 426 1,118 1,815 0% 0% 1% 6%

Page 5: Calculating Beta

15-Oct-04 1,795 417 1,118 1,787 0% -2% 0% -2%18-Oct-04 1,786 421 1,103 1,761 -1% 1% -1% -1%19-Oct-04 1,808 421 1,099 1,768 1% 0% 0% 0%20-Oct-04 1,790 420 1,091 1,759 -1% 0% -1% -1%21-Oct-04 1,780 420 1,085 1,780 -1% 0% -1% 1%25-Oct-04 1,757 417 1,080 1,820 -1% -1% 0% 2%26-Oct-04 1,781 425 1,089 1,861 1% 2% 1% 2%27-Oct-04 1,784 437 1,086 1,868 0% 3% 0% 0%28-Oct-04 1,800 429 1,086 1,949 1% -2% 0% 4%29-Oct-04 1,787 424 1,088 1,906 -1% -1% 0% -2%1-Nov-04 1,798 427 1,086 1,946 1% 1% 0% 2%2-Nov-04 1,814 430 1,126 1,911 1% 1% 4% -2%3-Nov-04 1,837 429 1,136 1,961 1% 0% 1% 3%4-Nov-04 1,835 433 1,120 1,988 0% 1% -1% 1%5-Nov-04 1,852 427 1,128 1,977 1% -1% 1% -1%8-Nov-04 1,863 435 1,125 2,018 1% 2% 0% 2%9-Nov-04 1,859 434 1,129 2,037 0% 0% 0% 1%

10-Nov-04 1,876 442 1,143 2,041 1% 2% 1% 0%11-Nov-04 1,871 435 1,148 2,017 0% -2% 0% -1%12-Nov-04 1,873 438 1,148 2,027 0% 1% 0% 1%16-Nov-04 1,879 441 1,150 2,049 0% 1% 0% 1%17-Nov-04 1,889 452 1,138 2,077 1% 2% -1% 1%18-Nov-04 1,892 442 1,129 2,063 0% -2% -1% -1%19-Nov-04 1,872 441 1,143 2,058 -1% 0% 1% 0%22-Nov-04 1,873 443 1,149 2,028 0% 1% 1% -1%23-Nov-04 1,893 439 1,192 2,031 1% -1% 4% 0%24-Nov-04 1,904 447 1,254 2,024 1% 2% 5% 0%25-Nov-04 1,901 473 1,274 2,030 0% 6% 2% 0%29-Nov-04 1,940 483 1,291 2,091 2% 2% 1% 3%30-Nov-04 1,959 493 1,289 2,149 1% 2% 0% 3%

1-Dec-04 1,962 469 1,290 2,108 0% -5% 0% -2%2-Dec-04 1,999 475 1,285 2,080 2% 1% 0% -1%3-Dec-04 1,996 475 1,281 2,051 0% 0% 0% -1%6-Dec-04 1,993 487 1,266 2,030 0% 3% -1% -1%7-Dec-04 1,993 490 1,275 2,040 0% 1% 1% 0%8-Dec-04 1,978 490 1,266 2,031 -1% 0% -1% 0%9-Dec-04 1,990 488 1,277 2,042 1% 0% 1% 1%

10-Dec-04 1,969 481 1,267 2,033 -1% -1% -1% 0%13-Dec-04 1,985 492 1,267 2,038 1% 2% 0% 0%14-Dec-04 2,007 507 1,279 2,051 1% 3% 1% 1%15-Dec-04 2,029 519 1,280 2,101 1% 2% 0% 2%16-Dec-04 2,033 509 1,275 2,120 0% -2% 0% 1%17-Dec-04 2,012 509 1,255 2,089 -1% 0% -2% -1%20-Dec-04 2,027 522 1,266 2,114 1% 3% 1% 1%21-Dec-04 2,045 558 1,312 2,115 1% 7% 4% 0%22-Dec-04 2,035 554 1,306 2,081 0% -1% 0% -2%23-Dec-04 2,045 547 1,300 2,066 0% -1% 0% -1%24-Dec-04 2,063 549 1,299 2,065 1% 0% 0% 0%27-Dec-04 2,063 549 1,310 2,058 0% 0% 1% 0%28-Dec-04 2,071 551 1,320 2,062 0% 0% 1% 0%29-Dec-04 2,070 560 1,322 2,073 0% 2% 0% 1%

Page 6: Calculating Beta

30-Dec-04 2,060 569 1,294 2,048 0% 2% -2% -1%31-Dec-04 2,081 572 1,311 2,092 1% 1% 1% 2%

3-Jan-05 2,115 601 1,313 2,120 2% 5% 0% 1%4-Jan-05 2,104 612 1,315 2,090 -1% 2% 0% -1%5-Jan-05 2,032 566 1,297 2,053 -3% -8% -1% -2%6-Jan-05 1,998 576 1,277 2,044 -2% 2% -2% 0%7-Jan-05 2,016 572 1,300 2,051 1% -1% 2% 0%

10-Jan-05 1,982 576 1,274 1,995 -2% 1% -2% -3%11-Jan-05 1,952 571 1,271 1,972 -2% -1% 0% -1%12-Jan-05 1,914 550 1,271 1,906 -2% -4% 0% -3%13-Jan-05 1,955 554 1,244 1,968 2% 1% -2% 3%14-Jan-05 1,931 525 1,253 1,974 -1% -5% 1% 0%17-Jan-05 1,933 522 1,243 1,998 0% -1% -1% 1%18-Jan-05 1,934 536 1,250 1,965 0% 3% 1% -2%19-Jan-05 1,927 543 1,240 1,959 0% 1% -1% 0%20-Jan-05 1,925 537 1,379 1,965 0% -1% 11% 0%24-Jan-05 1,909 514 1,347 1,906 -1% -4% -2% -3%25-Jan-05 1,932 524 1,359 1,913 1% 2% 1% 0%27-Jan-05 1,955 540 1,384 1,952 1% 3% 2% 2%28-Jan-05 2,008 531 1,399 2,038 3% -2% 1% 4%31-Jan-05 2,058 538 1,362 2,069 2% 1% -3% 2%1-Feb-05 2,060 531 1,350 2,062 0% -1% -1% 0%2-Feb-05 2,052 530 1,325 2,072 0% 0% -2% 0%3-Feb-05 2,079 534 1,330 2,101 1% 1% 0% 1%4-Feb-05 2,078 543 1,342 2,085 0% 2% 1% -1%7-Feb-05 2,055 533 1,332 2,030 -1% -2% -1% -3%8-Feb-05 2,055 528 1,320 2,044 0% -1% -1% 1%9-Feb-05 2,070 530 1,327 2,045 1% 0% 1% 0%

10-Feb-05 2,063 532 1,331 2,044 0% 1% 0% 0%11-Feb-05 2,082 550 1,334 2,104 1% 3% 0% 3%14-Feb-05 2,098 564 1,319 2,170 1% 2% -1% 3%15-Feb-05 2,090 556 1,313 2,182 0% -1% 0% 1%16-Feb-05 2,069 549 1,305 2,184 -1% -1% -1% 0%17-Feb-05 2,062 531 1,299 2,174 0% -3% 0% 0%18-Feb-05 2,056 536 1,280 2,165 0% 1% -1% 0%21-Feb-05 2,043 542 1,264 2,144 -1% 1% -1% -1%22-Feb-05 2,058 540 1,284 2,161 1% 0% 2% 1%23-Feb-05 2,057 537 1,285 2,141 0% -1% 0% -1%24-Feb-05 2,055 537 1,295 2,164 0% 0% 1% 1%25-Feb-05 2,061 519 1,288 2,179 0% -3% -1% 1%28-Feb-05 2,103 545 1,294 2,240 2% 5% 0% 3%

1-Mar-05 2,084 549 1,339 2,181 -1% 1% 3% -3%2-Mar-05 2,093 550 1,341 2,187 0% 0% 0% 0%3-Mar-05 2,129 563 1,347 2,214 2% 2% 0% 1%4-Mar-05 2,148 560 1,373 2,234 1% -1% 2% 1%7-Mar-05 2,160 563 1,366 2,252 1% 0% 0% 1%8-Mar-05 2,169 555 1,374 2,264 0% -1% 1% 1%9-Mar-05 2,161 554 1,373 2,252 0% 0% 0% -1%

10-Mar-05 2,167 555 1,381 2,232 0% 0% 1% -1%11-Mar-05 2,154 564 1,346 2,215 -1% 2% -3% -1%14-Mar-05 2,146 575 1,334 2,226 0% 2% -1% 1%

Page 7: Calculating Beta

15-Mar-05 2,129 564 1,340 2,211 -1% -2% 0% -1%16-Mar-05 2,126 554 1,335 2,193 0% -2% 0% -1%17-Mar-05 2,099 540 1,334 2,181 -1% -3% 0% -1%18-Mar-05 2,109 539 1,311 2,200 1% 0% -2% 1%21-Mar-05 2,097 536 1,297 2,237 -1% -1% -1% 2%22-Mar-05 2,062 531 1,276 2,224 -2% -1% -2% -1%23-Mar-05 2,026 546 1,284 2,162 -2% 3% 1% -3%24-Mar-05 2,015 544 1,322 2,159 -1% 0% 3% 0%28-Mar-05 2,029 541 1,314 2,186 1% -1% -1% 1%29-Mar-05 1,984 519 1,275 2,167 -2% -4% -3% -1%30-Mar-05 1,994 544 1,282 2,170 0% 5% 1% 0%31-Mar-05 2,036 548 1,342 2,257 2% 1% 5% 4%

1-Apr-05 2,068 545 1,353 2,236 2% -1% 1% -1%4-Apr-05 2,063 537 1,349 2,229 0% -1% 0% 0%5-Apr-05 2,053 540 1,351 2,221 -1% 1% 0% 0%6-Apr-05 2,069 535 1,371 2,236 1% -1% 1% 1%7-Apr-05 2,053 541 1,375 2,188 -1% 1% 0% -2%8-Apr-05 2,031 534 1,400 2,128 -1% -1% 2% -3%

11-Apr-05 2,008 526 1,398 2,078 -1% -1% 0% -2%12-Apr-05 2,025 526 1,404 2,118 1% 0% 0% 2%13-Apr-05 2,025 514 1,417 2,102 0% -2% 1% -1%15-Apr-05 1,956 518 1,377 1,957 -3% 1% -3% -7%18-Apr-05 1,928 501 1,379 1,914 -1% -3% 0% -2%19-Apr-05 1,909 486 1,375 1,913 -1% -3% 0% 0%20-Apr-05 1,930 515 1,372 1,948 1% 6% 0% 2%21-Apr-05 1,949 516 1,399 1,945 1% 0% 2% 0%22-Apr-05 1,967 507 1,394 1,999 1% -2% 0% 3%25-Apr-05 1,971 508 1,385 1,988 0% 0% -1% -1%26-Apr-05 1,957 505 1,381 1,959 -1% -1% 0% -1%27-Apr-05 1,935 502 1,402 1,914 -1% -1% 1% -2%28-Apr-05 1,941 521 1,450 1,906 0% 4% 3% 0%29-Apr-05 1,903 504 1,438 1,887 -2% -3% -1% -1%2-May-05 1,917 515 1,409 1,915 1% 2% -2% 2%3-May-05 1,921 513 1,414 1,901 0% 0% 0% -1%4-May-05 1,943 529 1,426 1,938 1% 3% 1% 2%5-May-05 1,963 539 1,416 1,995 1% 2% -1% 3%6-May-05 1,978 541 1,441 2,022 1% 0% 2% 1%9-May-05 2,001 551 1,483 2,097 1% 2% 3% 4%

10-May-05 1,994 547 1,472 2,059 0% -1% -1% -2%11-May-05 1,986 551 1,476 2,066 0% 1% 0% 0%12-May-05 1,993 552 1,467 2,061 0% 0% -1% 0%13-May-05 1,988 546 1,480 2,033 0% -1% 1% -1%16-May-05 2,013 552 1,487 2,078 1% 1% 0% 2%17-May-05 1,991 550 1,479 2,064 -1% 0% -1% -1%18-May-05 1,983 557 1,486 2,042 0% 1% 0% -1%19-May-05 1,991 561 1,499 2,097 0% 1% 1% 3%20-May-05 1,992 568 1,498 2,141 0% 1% 0% 2%23-May-05 2,014 571 1,492 2,135 1% 1% 0% 0%24-May-05 2,029 569 1,503 2,156 1% 0% 1% 1%25-May-05 2,044 579 1,516 2,171 1% 2% 1% 1%26-May-05 2,075 594 1,532 2,205 2% 3% 1% 2%

Page 8: Calculating Beta

27-May-05 2,076 580 1,571 2,232 0% -2% 3% 1%30-May-05 2,072 569 1,557 2,228 0% -2% -1% 0%31-May-05 2,088 553 1,599 2,250 1% -3% 3% 1%

1-Jun-05 2,088 560 1,592 2,222 0% 1% 0% -1%2-Jun-05 2,065 558 1,561 2,201 -1% 0% -2% -1%3-Jun-05 2,094 558 1,583 2,256 1% 0% 1% 2%4-Jun-05 2,092 558 1,582 2,241 0% 0% 0% -1%6-Jun-05 2,093 552 1,581 2,216 0% -1% 0% -1%7-Jun-05 2,098 555 1,550 2,233 0% 1% -2% 1%8-Jun-05 2,112 557 1,581 2,296 1% 0% 2% 3%9-Jun-05 2,103 556 1,576 2,237 0% 0% 0% -3%

10-Jun-05 2,091 552 1,562 2,212 -1% -1% -1% -1%13-Jun-05 2,103 546 1,572 2,224 1% -1% 1% 1%14-Jun-05 2,112 540 1,571 2,235 0% -1% 0% 0%15-Jun-05 2,129 549 1,564 2,257 1% 2% 0% 1%16-Jun-05 2,124 551 1,549 2,280 0% 0% -1% 1%17-Jun-05 2,123 551 1,546 2,288 0% 0% 0% 0%20-Jun-05 2,144 548 1,535 2,371 1% -1% -1% 4%21-Jun-05 2,170 550 1,541 2,394 1% 0% 0% 1%22-Jun-05 2,187 555 1,575 2,389 1% 1% 2% 0%23-Jun-05 2,184 581 1,573 2,344 0% 5% 0% -2%24-Jun-05 2,194 602 1,603 2,313 0% 4% 2% -1%27-Jun-05 2,200 585 1,637 2,338 0% -3% 2% 1%28-Jun-05 2,170 577 1,593 2,293 -1% -1% -3% -2%29-Jun-05 2,192 577 1,615 2,325 1% 0% 1% 1%30-Jun-05 2,221 583 1,662 2,358 1% 1% 3% 1%

1-Jul-05 2,212 583 1,671 2,351 0% 0% 1% 0%4-Jul-05 2,231 584 1,683 2,394 1% 0% 1% 2%5-Jul-05 2,211 579 1,673 2,330 -1% -1% -1% -3%6-Jul-05 2,228 577 1,676 2,346 1% 0% 0% 1%7-Jul-05 2,179 581 1,681 2,320 -2% 1% 0% -1%8-Jul-05 2,196 587 1,698 2,335 1% 1% 1% 1%

11-Jul-05 2,219 593 1,706 2,316 1% 1% 0% -1%12-Jul-05 2,221 608 1,744 2,221 0% 3% 2% -4%13-Jul-05 2,204 632 1,729 2,205 -1% 4% -1% -1%14-Jul-05 2,185 621 1,765 2,136 -1% -2% 2% -3%15-Jul-05 2,213 628 1,768 2,196 1% 1% 0% 3%18-Jul-05 2,234 654 1,739 2,272 1% 4% -2% 3%19-Jul-05 2,237 638 1,699 2,256 0% -2% -2% -1%20-Jul-05 2,242 615 1,673 2,233 0% -4% -1% -1%21-Jul-05 2,231 607 1,635 2,209 -1% -1% -2% -1%22-Jul-05 2,266 617 1,644 2,239 2% 2% 1% 1%25-Jul-05 2,292 606 1,666 2,229 1% -2% 1% 0%26-Jul-05 2,303 610 1,694 2,226 0% 1% 2% 0%27-Jul-05 2,319 610 1,693 2,231 1% 0% 0% 0%29-Jul-05 2,312 623 1,683 2,268 0% 2% -1% 2%1-Aug-05 2,318 633 1,663 2,265 0% 2% -1% 0%2-Aug-05 2,354 631 1,671 2,299 2% 0% 0% 2%3-Aug-05 2,357 627 1,719 2,356 0% -1% 3% 2%4-Aug-05 2,368 631 1,736 2,314 0% 1% 1% -2%5-Aug-05 2,361 615 1,740 2,292 0% -2% 0% -1%

Page 9: Calculating Beta

8-Aug-05 2,324 607 1,724 2,271 -2% -1% -1% -1%9-Aug-05 2,319 609 1,700 2,264 0% 0% -1% 0%

10-Aug-05 2,360 626 1,737 2,315 2% 3% 2% 2%11-Aug-05 2,381 654 1,726 2,293 1% 4% -1% -1%12-Aug-05 2,362 693 1,692 2,261 -1% 6% -2% -1%16-Aug-05 2,370 680 1,700 2,250 0% -2% 0% -1%17-Aug-05 2,403 678 1,710 2,318 1% 0% 1% 3%18-Aug-05 2,388 681 1,695 2,299 -1% 0% -1% -1%19-Aug-05 2,383 679 1,684 2,301 0% 0% -1% 0%22-Aug-05 2,368 684 1,690 2,315 -1% 1% 0% 1%23-Aug-05 2,326 681 1,694 2,285 -2% 0% 0% -1%24-Aug-05 2,323 650 1,697 2,264 0% -5% 0% -1%25-Aug-05 2,355 650 1,708 2,272 1% 0% 1% 0%26-Aug-05 2,357 652 1,717 2,269 0% 0% 0% 0%29-Aug-05 2,338 644 1,702 2,301 -1% -1% -1% 1%30-Aug-05 2,368 641 1,709 2,347 1% 0% 0% 2%31-Aug-05 2,385 646 1,732 2,376 1% 1% 1% 1%

1-Sep-05 2,406 666 1,732 2,426 1% 3% 0% 2%2-Sep-05 2,416 685 1,732 2,386 0% 3% 0% -2%5-Sep-05 2,423 695 1,792 2,355 0% 2% 3% -1%6-Sep-05 2,429 703 1,827 2,364 0% 1% 2% 0%8-Sep-05 2,454 701 1,820 2,422 1% 0% 0% 2%9-Sep-05 2,455 694 1,829 2,417 0% -1% 1% 0%

12-Sep-05 2,484 698 1,870 2,423 1% 1% 2% 0%13-Sep-05 2,500 692 1,895 2,446 1% -1% 1% 1%14-Sep-05 2,492 687 1,857 2,446 0% -1% -2% 0%15-Sep-05 2,524 685 1,880 2,451 1% 0% 1% 0%16-Sep-05 2,552 685 1,878 2,447 1% 0% 0% 0%19-Sep-05 2,567 697 1,940 2,450 1% 2% 3% 0%20-Sep-05 2,578 704 1,930 2,504 0% 1% -1% 2%21-Sep-05 2,567 708 140 2,462 0% 1% -93% -2%22-Sep-05 2,477 692 137 2,413 -4% -2% -3% -2%23-Sep-05 2,478 700 138 2,399 0% 1% 1% -1%26-Sep-05 2,557 713 143 2,486 3% 2% 4% 4%27-Sep-05 2,575 715 142 2,478 1% 0% -1% 0%28-Sep-05 2,598 727 141 2,471 1% 2% -1% 0%29-Sep-05 2,611 744 138 2,526 1% 2% -2% 2%30-Sep-05 2,601 741 137 2,515 0% 0% -1% 0%

3-Oct-05 2,630 749 137 2,553 1% 1% 0% 2%4-Oct-05 2,663 763 137 2,628 1% 2% 0% 3%5-Oct-05 2,644 757 132 2,640 -1% -1% -4% 0%6-Oct-05 2,579 744 128 2,609 -2% -2% -3% -1%7-Oct-05 2,574 731 126 2,572 0% -2% -1% -1%

10-Oct-05 2,567 743 129 2,622 0% 2% 2% 2%11-Oct-05 2,590 729 128 2,683 1% -2% -1% 2%13-Oct-05 2,537 703 128 2,623 -2% -4% 1% -2%14-Oct-05 2,484 690 125 2,602 -2% -2% -2% -1%17-Oct-05 2,485 696 124 2,592 0% 1% -1% 0%18-Oct-05 2,468 716 125 2,531 -1% 3% 0% -2%19-Oct-05 2,412 689 120 2,504 -2% -4% -3% -1%20-Oct-05 2,395 698 117 2,539 -1% 1% -3% 1%

Page 10: Calculating Beta

21-Oct-05 2,444 743 121 2,553 2% 6% 4% 1%24-Oct-05 2,395 727 117 2,511 -2% -2% -3% -2%25-Oct-05 2,418 716 118 2,521 1% -2% 1% 0%26-Oct-05 2,409 705 116 2,510 0% -1% -1% 0%27-Oct-05 2,353 721 116 2,466 -2% 2% -1% -2%28-Oct-05 2,316 696 115 2,415 -2% -3% 0% -2%31-Oct-05 2,371 708 120 2,522 2% 2% 4% 4%1-Nov-05 2,387 707 121 2,538 1% 0% 1% 1%2-Nov-05 2,419 716 125 2,587 1% 1% 3% 2%7-Nov-05 2,462 749 126 2,638 2% 5% 1% 2%8-Nov-05 2,493 789 127 2,644 1% 5% 0% 0%9-Nov-05 2,489 779 129 2,609 0% -1% 2% -1%

10-Nov-05 2,501 777 128 2,654 0% 0% -1% 2%11-Nov-05 2,549 806 130 2,681 2% 4% 2% 1%14-Nov-05 2,559 786 128 2,653 0% -2% -1% -1%16-Nov-05 2,583 792 131 2,741 1% 1% 2% 3%17-Nov-05 2,604 807 130 2,707 1% 2% 0% -1%18-Nov-05 2,620 817 131 2,714 1% 1% 0% 0%21-Nov-05 2,603 839 127 2,677 -1% 3% -3% -1%22-Nov-05 2,573 836 125 2,677 -1% 0% -1% 0%23-Nov-05 2,609 843 129 2,683 1% 1% 3% 0%24-Nov-05 2,635 841 135 2,701 1% 0% 4% 1%25-Nov-05 2,664 849 137 2,741 1% 1% 1% 1%26-Nov-05 2,683 861 136 2,745 1% 1% 0% 0%28-Nov-05 2,712 860 139 2,758 1% 0% 2% 0%29-Nov-05 2,698 852 137 2,736 -1% -1% -2% -1%30-Nov-05 2,652 834 135 2,684 -2% -2% -2% -2%

1-Dec-05 2,699 823 136 2,768 2% -1% 1% 3%2-Dec-05 2,698 824 138 2,841 0% 0% 1% 3%5-Dec-05 2,661 798 134 2,787 -1% -3% -2% -2%6-Dec-05 2,662 806 134 2,794 0% 1% 0% 0%7-Dec-05 2,693 824 136 2,802 1% 2% 1% 0%8-Dec-05 2,707 825 135 2,821 1% 0% 0% 1%9-Dec-05 2,756 856 137 2,874 2% 4% 1% 2%

12-Dec-05 2,776 852 138 2,926 1% 0% 1% 2%13-Dec-05 2,812 853 142 2,947 1% 0% 2% 1%14-Dec-05 2,805 858 144 2,886 0% 1% 2% -2%15-Dec-05 2,779 836 140 2,918 -1% -3% -3% 1%16-Dec-05 2,810 847 141 2,982 1% 1% 1% 2%19-Dec-05 2,843 855 145 3,024 1% 1% 3% 1%20-Dec-05 2,826 840 143 2,970 -1% -2% -1% -2%21-Dec-05 2,823 875 142 2,974 0% 4% -1% 0%22-Dec-05 2,835 870 142 2,983 0% -1% 0% 0%23-Dec-05 2,805 853 139 2,981 -1% -2% -2% 0%26-Dec-05 2,750 850 138 2,951 -2% 0% -1% -1%27-Dec-05 2,806 863 141 2,994 2% 1% 3% 1%28-Dec-05 2,794 852 138 2,989 0% -1% -2% 0%29-Dec-05 2,822 845 139 2,987 1% -1% 1% 0%30-Dec-05 2,837 859 142 2,997 1% 2% 2% 0%

2-Jan-06 2,836 846 140 2,979 0% -2% -1% -1%3-Jan-06 2,883 861 143 3,007 2% 2% 2% 1%

Page 11: Calculating Beta

4-Jan-06 2,904 857 147 3,055 1% -1% 3% 2%5-Jan-06 2,900 868 145 3,055 0% 1% -1% 0%6-Jan-06 2,914 877 145 3,053 0% 1% 0% 0%9-Jan-06 2,910 873 145 3,036 0% 0% 0% -1%

10-Jan-06 2,871 846 143 2,975 -1% -3% -2% -2%12-Jan-06 2,851 843 145 2,838 -1% 0% 1% -5%13-Jan-06 2,851 839 146 2,845 0% 0% 1% 0%16-Jan-06 2,833 841 144 2,780 -1% 0% -1% -2%17-Jan-06 2,829 834 142 2,762 0% -1% -1% -1%18-Jan-06 2,809 832 141 2,740 -1% 0% -1% -1%19-Jan-06 2,871 842 143 2,821 2% 1% 1% 3%20-Jan-06 2,901 848 147 2,814 1% 1% 3% 0%23-Jan-06 2,884 836 152 2,745 -1% -1% 3% -2%24-Jan-06 2,908 838 155 2,822 1% 0% 2% 3%25-Jan-06 2,940 862 158 2,828 1% 3% 2% 0%27-Jan-06 2,983 877 155 2,903 1% 2% -1% 3%30-Jan-06 2,975 851 155 2,863 0% -3% 0% -1%31-Jan-06 3,001 857 155 2,880 1% 1% 0% 1%1-Feb-06 2,972 865 155 2,876 -1% 1% 0% 0%2-Feb-06 2,967 859 156 2,828 0% -1% 0% -2%3-Feb-06 2,941 849 152 2,787 -1% -1% -2% -1%6-Feb-06 3,000 871 157 2,843 2% 3% 3% 2%7-Feb-06 3,020 874 161 2,873 1% 0% 3% 1%8-Feb-06 3,009 885 159 2,903 0% 1% -1% 1%

10-Feb-06 3,028 923 163 2,864 1% 4% 2% -1%13-Feb-06 3,041 907 163 2,862 0% -2% 0% 0%14-Feb-06 3,018 904 164 2,822 -1% 0% 0% -1%15-Feb-06 3,022 893 171 2,776 0% -1% 4% -2%16-Feb-06 3,022 921 166 2,781 0% 3% -3% 0%17-Feb-06 2,982 889 162 2,785 -1% -3% -3% 0%20-Feb-06 3,006 885 163 2,828 1% 0% 1% 2%21-Feb-06 3,036 897 164 2,818 1% 1% 1% 0%22-Feb-06 3,051 897 164 2,801 1% 0% 0% -1%23-Feb-06 3,062 914 166 2,795 0% 2% 1% 0%24-Feb-06 3,050 889 164 2,758 0% -3% -2% -1%27-Feb-06 3,067 888 166 2,851 1% 0% 2% 3%28-Feb-06 3,075 889 172 2,829 0% 0% 4% -1%

1-Mar-06 3,123 896 174 2,905 2% 1% 1% 3%2-Mar-06 3,151 900 177 2,854 1% 0% 2% -2%3-Mar-06 3,147 880 174 2,824 0% -2% -1% -1%6-Mar-06 3,190 884 178 2,855 1% 1% 2% 1%7-Mar-06 3,183 888 178 2,820 0% 0% 0% -1%8-Mar-06 3,117 901 174 2,801 -2% 1% -2% -1%9-Mar-06 3,129 881 173 2,843 0% -2% 0% 1%

10-Mar-06 3,184 904 178 2,914 2% 3% 3% 2%13-Mar-06 3,203 895 175 2,935 1% -1% -2% 1%14-Mar-06 3,195 882 176 2,932 0% -1% 0% 0%16-Mar-06 3,227 891 174 2,922 1% 1% -1% 0%17-Mar-06 3,234 898 176 2,878 0% 1% 1% -2%20-Mar-06 3,266 910 177 2,967 1% 1% 1% 3%21-Mar-06 3,262 914 179 2,960 0% 0% 1% 0%

Page 12: Calculating Beta

22-Mar-06 3,240 895 177 2,920 -1% -2% -1% -1%23-Mar-06 3,247 888 179 2,890 0% -1% 1% -1%24-Mar-06 3,280 889 186 2,896 1% 0% 4% 0%27-Mar-06 3,322 887 193 2,879 1% 0% 4% -1%28-Mar-06 3,325 886 193 2,960 0% 0% 0% 3%29-Mar-06 3,354 880 193 3,037 1% -1% 0% 3%30-Mar-06 3,419 893 201 3,043 2% 1% 4% 0%31-Mar-06 3,403 890 195 2,981 0% 0% -3% -2%

3-Apr-06 3,473 896 199 3,142 2% 1% 2% 5%4-Apr-06 3,483 895 204 3,153 0% 0% 2% 0%5-Apr-06 3,511 900 206 3,115 1% 1% 1% -1%7-Apr-06 3,455 875 200 3,167 -2% -3% -3% 2%

10-Apr-06 3,478 870 199 3,189 1% -1% 0% 1%12-Apr-06 3,380 829 192 3,076 -3% -5% -3% -4%13-Apr-06 3,346 825 189 3,019 -1% -1% -2% -2%17-Apr-06 3,425 849 193 3,230 2% 3% 2% 7%18-Apr-06 3,518 879 198 3,336 3% 4% 3% 3%19-Apr-06 3,536 871 198 3,279 1% -1% 0% -2%20-Apr-06 3,574 857 201 3,277 1% -2% 1% 0%21-Apr-06 3,573 855 200 3,302 0% 0% 0% 1%24-Apr-06 3,549 850 204 3,205 -1% -1% 2% -3%25-Apr-06 3,463 826 197 3,142 -2% -3% -3% -2%26-Apr-06 3,556 847 202 3,225 3% 3% 2% 3%27-Apr-06 3,508 825 203 3,133 -1% -3% 1% -3%28-Apr-06 3,508 844 201 3,140 0% 2% -1% 0%29-Apr-06 3,558 846 204 3,177 1% 0% 1% 1%2-May-06 3,605 831 208 3,164 1% -2% 2% 0%3-May-06 3,634 845 209 3,171 1% 2% 1% 0%4-May-06 3,648 839 209 3,211 0% -1% 0% 1%5-May-06 3,664 858 208 3,212 0% 2% 0% 0%8-May-06 3,693 877 208 3,228 1% 2% 0% 1%9-May-06 3,721 881 206 3,237 1% 1% -1% 0%

10-May-06 3,754 880 205 3,256 1% 0% -1% 1%11-May-06 3,701 871 204 3,256 -1% -1% -1% 0%12-May-06 3,650 879 202 3,242 -1% 1% -1% 0%15-May-06 3,503 853 191 3,151 -4% -3% -5% -3%16-May-06 3,523 849 195 3,150 1% -1% 2% 0%17-May-06 3,635 893 204 3,208 3% 5% 5% 2%18-May-06 3,389 873 191 3,034 -7% -2% -6% -5%19-May-06 3,247 823 180 2,974 -4% -6% -6% -2%22-May-06 3,081 814 172 2,824 -5% -1% -5% -5%23-May-06 3,199 794 178 2,911 4% -2% 4% 3%24-May-06 3,116 773 174 2,861 -3% -3% -2% -2%25-May-06 3,178 793 181 2,829 2% 3% 4% -1%26-May-06 3,210 826 183 2,934 1% 4% 1% 4%29-May-06 3,215 848 178 2,968 0% 3% -3% 1%30-May-06 3,185 802 177 3,027 -1% -5% -1% 2%31-May-06 3,071 770 165 2,910 -4% -4% -6% -4%

1-Jun-06 2,962 720 160 2,830 -4% -7% -3% -3%2-Jun-06 3,091 763 164 2,886 4% 6% 3% 2%5-Jun-06 3,017 755 160 2,824 -2% -1% -3% -2%

Page 13: Calculating Beta

6-Jun-06 2,937 757 153 2,765 -3% 0% -5% -2%7-Jun-06 2,860 739 152 2,763 -3% -2% 0% 0%8-Jun-06 2,724 736 148 2,704 -5% 0% -3% -2%9-Jun-06 2,866 752 161 2,795 5% 2% 9% 3%

12-Jun-06 2,777 705 154 2,763 -3% -6% -4% -1%13-Jun-06 2,663 657 146 2,639 -4% -7% -5% -4%14-Jun-06 2,633 643 147 2,485 -1% -2% 1% -6%15-Jun-06 2,799 701 156 2,727 6% 9% 6% 10%16-Jun-06 2,890 741 163 2,801 3% 6% 5% 3%19-Jun-06 2,917 744 165 2,871 1% 0% 1% 3%20-Jun-06 2,861 748 162 2,844 -2% 1% -2% -1%21-Jun-06 2,923 756 169 2,923 2% 1% 4% 3%22-Jun-06 2,995 770 171 2,952 2% 2% 1% 1%23-Jun-06 3,043 759 171 2,992 2% -1% 0% 1%25-Jun-06 3,050 764 172 2,990 0% 1% 1% 0%26-Jun-06 2,943 733 166 2,900 -4% -4% -3% -3%27-Jun-06 2,982 751 176 2,967 1% 2% 6% 2%28-Jun-06 2,981 757 177 2,975 0% 1% 1% 0%29-Jun-06 2,998 788 176 2,994 1% 4% -1% 1%30-Jun-06 3,128 794 182 3,079 4% 1% 4% 3%

3-Jul-06 3,151 791 185 3,154 1% 0% 1% 2%4-Jul-06 3,139 792 179 3,150 0% 0% -3% 0%5-Jul-06 3,197 792 185 3,194 2% 0% 3% 1%6-Jul-06 3,156 776 182 3,164 -1% -2% -2% -1%7-Jul-06 3,076 748 175 3,105 -3% -4% -4% -2%

10-Jul-06 3,142 767 175 3,188 2% 2% 0% 3%11-Jul-06 3,116 721 176 3,148 -1% -6% 1% -1%12-Jul-06 3,196 729 181 3,386 3% 1% 3% 8%13-Jul-06 3,169 711 181 1,682 -1% -2% 0% -50%14-Jul-06 3,123 718 177 1,649 -1% 1% -3% -2%17-Jul-06 3,008 710 172 1,605 -4% -1% -3% -3%18-Jul-06 2,994 719 170 1,630 0% 1% -1% 2%19-Jul-06 2,933 714 168 1,605 -2% -1% -1% -2%20-Jul-06 3,023 716 175 1,648 3% 0% 5% 3%21-Jul-06 2,945 710 167 1,602 -3% -1% -4% -3%24-Jul-06 2,986 712 164 1,611 1% 0% -2% 1%25-Jul-06 3,041 713 164 1,611 2% 0% 0% 0%26-Jul-06 3,110 704 168 1,646 2% -1% 2% 2%27-Jul-06 3,156 692 167 1,658 1% -2% -1% 1%28-Jul-06 3,131 698 165 1,630 -1% 1% -1% -2%31-Jul-06 3,143 706 167 1,656 0% 1% 2% 2%1-Aug-06 3,148 697 169 1,658 0% -1% 1% 0%2-Aug-06 3,182 697 173 1,667 1% 0% 2% 1%3-Aug-06 3,190 701 172 1,673 0% 1% -1% 0%4-Aug-06 3,177 688 168 1,681 0% -2% -2% 0%7-Aug-06 3,151 670 168 1,674 -1% -3% 0% 0%8-Aug-06 3,212 669 172 1,684 2% 0% 2% 1%9-Aug-06 3,255 678 179 1,702 1% 1% 4% 1%

10-Aug-06 3,260 674 176 1,709 0% -1% -1% 0%11-Aug-06 3,274 696 175 1,742 0% 3% -1% 2%14-Aug-06 3,313 683 179 1,756 1% -2% 2% 1%

Page 14: Calculating Beta

16-Aug-06 3,356 705 181 1,752 1% 3% 1% 0%17-Aug-06 3,354 694 181 1,758 0% -2% 0% 0%18-Aug-06 3,357 706 180 1,762 0% 2% -1% 0%21-Aug-06 3,366 698 181 1,798 0% -1% 1% 2%22-Aug-06 3,365 705 182 1,781 0% 1% 1% -1%23-Aug-06 3,336 700 179 1,768 -1% -1% -2% -1%24-Aug-06 3,370 713 180 1,767 1% 2% 1% 0%25-Aug-06 3,386 714 180 1,767 0% 0% 0% 0%28-Aug-06 3,401 715 180 1,773 0% 0% 0% 0%29-Aug-06 3,426 719 185 1,806 1% 1% 3% 2%30-Aug-06 3,430 720 187 1,801 0% 0% 1% 0%31-Aug-06 3,414 721 192 1,806 0% 0% 2% 0%

1-Sep-06 3,435 726 190 1,811 1% 1% -1% 0%4-Sep-06 3,477 722 190 1,848 1% -1% 0% 2%5-Sep-06 3,474 723 188 1,835 0% 0% -1% -1%6-Sep-06 3,477 720 189 1,835 0% 0% 1% 0%7-Sep-06 3,455 710 186 1,807 -1% -1% -2% -2%8-Sep-06 3,471 735 188 1,789 0% 4% 1% -1%

11-Sep-06 3,366 745 182 1,734 -3% 1% -3% -3%12-Sep-06 3,390 771 182 1,772 1% 4% 0% 2%13-Sep-06 3,455 780 183 1,809 2% 1% 1% 2%14-Sep-06 3,472 766 183 1,831 0% -2% 0% 1%15-Sep-06 3,479 767 182 1,811 0% 0% 0% -1%18-Sep-06 3,493 772 187 1,817 0% 1% 3% 0%19-Sep-06 3,457 767 184 1,816 -1% -1% -2% 0%20-Sep-06 3,503 773 187 1,830 1% 1% 2% 1%21-Sep-06 3,553 768 191 1,838 1% -1% 2% 0%22-Sep-06 3,544 766 188 1,830 0% 0% -1% 0%25-Sep-06 3,523 772 184 1,817 -1% 1% -2% -1%26-Sep-06 3,572 788 184 1,840 1% 2% 0% 1%27-Sep-06 3,579 779 186 1,838 0% -1% 1% 0%28-Sep-06 3,572 790 184 1,858 0% 2% -1% 1%29-Sep-06 3,588 775 188 1,850 0% -2% 2% 0%

3-Oct-06 3,570 772 188 1,818 -1% 0% 0% -2%4-Oct-06 3,515 752 185 1,800 -2% -3% -1% -1%5-Oct-06 3,565 753 187 1,865 1% 0% 1% 4%6-Oct-06 3,570 753 185 1,874 0% 0% -1% 0%9-Oct-06 3,567 753 185 1,896 0% 0% 0% 1%

10-Oct-06 3,571 750 185 1,906 0% 0% 0% 1%11-Oct-06 3,559 748 186 1,980 0% 0% 0% 4%12-Oct-06 3,621 748 186 2,020 2% 0% 0% 2%13-Oct-06 3,676 749 189 2,089 2% 0% 1% 3%16-Oct-06 3,724 748 195 2,100 1% 0% 3% 1%17-Oct-06 3,715 757 194 2,071 0% 1% 0% -1%18-Oct-06 3,711 749 195 2,073 0% -1% 0% 0%19-Oct-06 3,678 751 191 2,069 -1% 0% -2% 0%20-Oct-06 3,677 753 186 2,064 0% 0% -2% 0%21-Oct-06 3,684 755 189 2,074 0% 0% 1% 0%23-Oct-06 3,657 751 185 2,042 -1% 0% -2% -2%26-Oct-06 3,678 740 184 2,073 1% -2% 0% 2%27-Oct-06 3,739 740 188 2,093 2% 0% 2% 1%

Page 15: Calculating Beta

30-Oct-06 3,769 746 187 2,128 1% 1% 0% 2%31-Oct-06 3,744 758 190 2,096 -1% 2% 1% -2%1-Nov-06 3,767 765 191 2,103 1% 1% 0% 0%2-Nov-06 3,791 766 189 2,085 1% 0% -1% -1%3-Nov-06 3,805 761 187 2,075 0% -1% -1% 0%6-Nov-06 3,809 761 191 2,070 0% 0% 2% 0%7-Nov-06 3,799 743 189 2,102 0% -2% -1% 2%8-Nov-06 3,777 713 185 2,126 -1% -4% -2% 1%9-Nov-06 3,796 717 187 2,137 1% 1% 1% 1%

10-Nov-06 3,835 726 186 2,140 1% 1% -1% 0%13-Nov-06 3,859 715 186 2,160 1% -2% 0% 1%14-Nov-06 3,866 706 184 2,211 0% -1% -1% 2%15-Nov-06 3,876 714 186 2,223 0% 1% 1% 1%16-Nov-06 3,877 709 185 2,200 0% -1% 0% -1%17-Nov-06 3,853 695 182 2,186 -1% -2% -2% -1%20-Nov-06 3,856 708 178 2,254 0% 2% -2% 3%21-Nov-06 3,918 710 184 2,257 2% 0% 3% 0%22-Nov-06 3,955 730 181 2,226 1% 3% -1% -1%23-Nov-06 3,945 749 179 2,237 0% 3% -1% 1%24-Nov-06 3,951 740 180 2,236 0% -1% 0% 0%27-Nov-06 3,969 737 181 2,218 0% 0% 1% -1%28-Nov-06 3,922 742 180 2,165 -1% 1% -1% -2%29-Nov-06 3,928 744 184 2,157 0% 0% 3% 0%30-Nov-06 3,955 742 185 2,180 1% 0% 0% 1%

1-Dec-06 3,998 771 188 2,195 1% 4% 1% 1%4-Dec-06 4,001 765 189 2,207 0% -1% 1% 1%5-Dec-06 4,016 769 190 2,239 0% 0% 1% 1%6-Dec-06 4,016 768 188 2,249 0% 0% -1% 0%7-Dec-06 4,015 750 187 2,224 0% -2% -1% -1%8-Dec-06 3,962 745 185 2,196 -1% -1% -1% -1%

11-Dec-06 3,850 739 180 2,195 -3% -1% -3% 0%12-Dec-06 3,717 725 173 2,164 -3% -2% -4% -1%13-Dec-06 3,765 719 173 2,150 1% -1% 0% -1%14-Dec-06 3,843 712 177 2,196 2% -1% 2% 2%15-Dec-06 3,889 737 175 2,234 1% 3% -1% 2%18-Dec-06 3,929 751 174 2,225 1% 2% 0% 0%19-Dec-06 3,832 754 168 2,158 -2% 0% -3% -3%20-Dec-06 3,816 725 170 2,171 0% -4% 1% 1%21-Dec-06 3,834 730 171 2,164 0% 1% 0% 0%22-Dec-06 3,871 750 170 2,174 1% 3% -1% 0%26-Dec-06 3,941 748 175 2,219 2% 0% 3% 2%27-Dec-06 3,974 746 177 2,253 1% 0% 1% 1%28-Dec-06 3,971 760 178 2,248 0% 2% 1% 0%29-Dec-06 3,966 764 176 2,242 0% 0% -1% 0%

2-Jan-07 4,007 785 177 2,273 1% 3% 1% 1%3-Jan-07 4,024 778 175 2,311 0% -1% -1% 2%4-Jan-07 3,989 755 169 2,285 -1% -3% -4% -1%5-Jan-07 3,983 750 165 2,275 0% -1% -2% 0%8-Jan-07 3,933 734 163 2,206 -1% -2% -2% -3%9-Jan-07 3,911 730 162 2,190 -1% 0% 0% -1%

10-Jan-07 3,850 730 163 2,164 -2% 0% 1% -1%

Page 16: Calculating Beta

11-Jan-07 3,942 733 169 2,183 2% 0% 4% 1%12-Jan-07 4,052 743 171 2,223 3% 1% 1% 2%15-Jan-07 4,078 734 172 2,243 1% -1% 1% 1%16-Jan-07 4,081 727 172 2,222 0% -1% 0% -1%17-Jan-07 4,076 729 170 2,205 0% 0% -1% -1%18-Jan-07 4,109 730 172 2,224 1% 0% 2% 1%19-Jan-07 4,090 730 176 2,202 0% 0% 2% -1%22-Jan-07 4,102 724 179 2,254 0% -1% 2% 2%23-Jan-07 4,066 717 177 2,235 -1% -1% -1% -1%24-Jan-07 4,090 719 178 2,234 1% 0% 1% 0%25-Jan-07 4,148 717 178 2,241 1% 0% 0% 0%29-Jan-07 4,124 716 172 2,244 -1% 0% -3% 0%31-Jan-07 4,083 716 175 2,247 -1% 0% 2% 0%1-Feb-07 4,137 726 175 2,269 1% 1% 0% 1%2-Feb-07 4,184 716 177 2,266 1% -1% 1% 0%5-Feb-07 4,215 731 178 2,269 1% 2% 0% 0%6-Feb-07 4,196 720 175 2,273 0% -2% -1% 0%7-Feb-07 4,224 739 176 2,357 1% 3% 0% 4%8-Feb-07 4,223 728 176 2,374 0% -1% 0% 1%9-Feb-07 4,187 726 176 2,361 -1% 0% 0% -1%

12-Feb-07 4,058 733 175 2,351 -3% 1% -1% 0%13-Feb-07 4,045 720 173 2,304 0% -2% -1% -2%14-Feb-07 4,047 712 174 2,285 0% -1% 0% -1%15-Feb-07 4,146 746 174 2,383 2% 5% 0% 4%19-Feb-07 4,165 717 174 2,376 0% -4% 0% 0%20-Feb-07 4,107 718 176 2,360 -1% 0% 1% -1%21-Feb-07 4,096 740 174 2,311 0% 3% -1% -2%22-Feb-07 4,040 716 174 2,288 -1% -3% 0% -1%23-Feb-07 3,939 706 167 2,238 -3% -1% -4% -2%26-Feb-07 3,942 699 170 2,218 0% -1% 2% -1%27-Feb-07 3,894 687 165 2,187 -1% -2% -3% -1%28-Feb-07 3,745 678 172 2,078 -4% -1% 4% -5%

1-Mar-07 3,811 668 173 2,159 2% -1% 0% 4%2-Mar-07 3,727 693 167 2,094 -2% 4% -3% -3%5-Mar-07 3,577 685 162 2,007 -4% -1% -3% -4%6-Mar-07 3,656 667 162 2,114 2% -3% 0% 5%7-Mar-07 3,627 667 158 2,085 -1% 0% -2% -1%8-Mar-07 3,762 668 160 2,136 4% 0% 1% 2%9-Mar-07 3,718 691 154 2,121 -1% 3% -4% -1%

12-Mar-07 3,735 699 149 2,115 0% 1% -4% 0%13-Mar-07 3,771 698 149 2,105 1% 0% 0% 0%14-Mar-07 3,641 677 143 2,020 -3% -3% -4% -4%15-Mar-07 3,644 673 147 2,079 0% -1% 3% 3%16-Mar-07 3,609 650 145 2,047 -1% -3% -2% -2%19-Mar-07 3,679 640 142 2,087 2% -2% -2% 2%20-Mar-07 3,698 636 141 2,056 1% -1% -1% -2%21-Mar-07 3,765 651 145 2,094 2% 2% 3% 2%22-Mar-07 3,876 685 149 2,119 3% 5% 3% 1%23-Mar-07 3,861 678 144 2,093 0% -1% -3% -1%26-Mar-07 3,820 667 142 2,058 -1% -2% -1% -2%28-Mar-07 3,761 658 143 1,992 -2% -1% 1% -3%

Page 17: Calculating Beta

29-Mar-07 3,798 677 147 1,991 1% 3% 3% 0%30-Mar-07 3,822 689 151 2,019 1% 2% 3% 1%

2-Apr-07 3,634 640 147 1,923 -5% -7% -3% -5%3-Apr-07 3,691 658 150 1,965 2% 3% 2% 2%4-Apr-07 3,733 639 148 1,994 1% -3% -1% 2%5-Apr-07 3,752 633 148 1,992 1% -1% 0% 0%9-Apr-07 3,844 639 155 2,048 2% 1% 5% 3%

10-Apr-07 3,848 640 160 1,999 0% 0% 3% -2%11-Apr-07 3,863 640 161 1,996 0% 0% 0% 0%12-Apr-07 3,830 629 156 2,046 -1% -2% -3% 2%13-Apr-07 3,917 648 153 2,087 2% 3% -2% 2%16-Apr-07 4,013 650 159 2,129 2% 0% 3% 2%17-Apr-07 3,985 650 156 2,083 -1% 0% -2% -2%18-Apr-07 4,012 653 157 2,076 1% 0% 1% 0%19-Apr-07 3,998 657 159 2,040 0% 1% 1% -2%20-Apr-07 4,084 650 160 2,055 2% -1% 1% 1%23-Apr-07 4,085 656 156 2,069 0% 1% -3% 1%24-Apr-07 4,142 666 156 2,058 1% 2% 0% -1%25-Apr-07 4,167 694 162 2,019 1% 4% 3% -2%26-Apr-07 4,178 681 162 2,019 0% -2% 0% 0%27-Apr-07 4,084 667 161 2,005 -2% -2% -1% -1%30-Apr-07 4,088 691 160 2,051 0% 4% 0% 2%3-May-07 4,151 704 162 2,082 2% 2% 1% 2%4-May-07 4,117 699 161 2,072 -1% -1% 0% 0%7-May-07 4,111 706 161 2,042 0% 1% 0% -1%8-May-07 4,077 680 160 2,002 -1% -4% -1% -2%9-May-07 4,079 700 161 1,981 0% 3% 0% -1%

10-May-07 4,067 707 164 1,974 0% 1% 2% 0%11-May-07 4,077 705 162 2,001 0% 0% -1% 1%14-May-07 4,134 688 162 2,002 1% -2% 0% 0%15-May-07 4,120 698 162 1,973 0% 1% 0% -1%16-May-07 4,171 678 163 1,952 1% -3% 1% -1%17-May-07 4,220 678 165 1,984 1% 0% 1% 2%18-May-07 4,215 686 167 1,982 0% 1% 1% 0%21-May-07 4,261 682 171 1,960 1% -1% 2% -1%22-May-07 4,278 690 171 1,947 0% 1% 0% -1%23-May-07 4,246 690 166 1,926 -1% 0% -3% -1%24-May-07 4,205 675 166 1,937 -1% -2% 0% 1%25-May-07 4,248 679 167 1,986 1% 1% 0% 3%28-May-07 4,257 682 166 1,972 0% 0% 0% -1%29-May-07 4,293 689 165 1,954 1% 1% -1% -1%30-May-07 4,250 697 162 1,906 -1% 1% -2% -2%31-May-07 4,296 732 164 1,924 1% 5% 1% 1%

1-Jun-07 4,297 717 161 1,939 0% -2% -2% 1%4-Jun-07 4,267 713 165 1,916 -1% -1% 2% -1%5-Jun-07 4,285 716 162 1,943 0% 1% -2% 1%6-Jun-07 4,198 716 158 1,938 -2% 0% -2% 0%7-Jun-07 4,180 701 155 1,957 0% -2% -2% 1%8-Jun-07 4,145 685 151 1,951 -1% -2% -3% 0%

11-Jun-07 4,146 699 154 1,980 0% 2% 2% 1%12-Jun-07 4,155 705 154 1,990 0% 1% 0% 0%

Page 18: Calculating Beta

13-Jun-07 4,113 695 152 1,989 -1% -1% -1% 0%14-Jun-07 4,170 683 152 2,019 1% -2% 0% 2%15-Jun-07 4,171 680 152 2,009 0% 0% 1% 0%18-Jun-07 4,147 654 153 1,989 -1% -4% 0% -1%19-Jun-07 4,214 666 153 1,957 2% 2% 0% -2%20-Jun-07 4,249 669 155 1,954 1% 0% 1% 0%21-Jun-07 4,267 663 154 1,958 0% -1% 0% 0%22-Jun-07 4,252 668 154 1,951 0% 1% 0% 0%25-Jun-07 4,259 670 154 1,937 0% 0% 0% -1%26-Jun-07 4,286 670 154 1,922 1% 0% 0% -1%27-Jun-07 4,264 677 154 1,935 -1% 1% 0% 1%28-Jun-07 4,282 679 155 1,925 0% 0% 1% -1%29-Jun-07 4,318 693 155 1,929 1% 2% 0% 0%

2-Jul-07 4,314 692 154 1,944 0% 0% 0% 1%3-Jul-07 4,358 689 156 1,947 1% 0% 2% 0%4-Jul-07 4,359 685 158 1,931 0% -1% 1% -1%5-Jul-07 4,354 688 156 1,917 0% 0% -1% -1%6-Jul-07 4,385 699 156 1,972 1% 2% 0% 3%9-Jul-07 4,419 688 156 1,994 1% -2% 0% 1%

10-Jul-07 4,406 670 154 2,021 0% -3% -1% 1%11-Jul-07 4,387 670 153 1,930 0% 0% -1% -4%12-Jul-07 4,446 673 153 1,922 1% 1% 0% 0%13-Jul-07 4,505 679 155 1,940 1% 1% 2% 1%16-Jul-07 4,512 685 154 1,936 0% 1% -1% 0%17-Jul-07 4,497 700 156 1,939 0% 2% 1% 0%18-Jul-07 4,500 719 154 1,945 0% 3% -1% 0%19-Jul-07 4,562 694 154 1,997 198 1% -3% 0% 3%20-Jul-07 4,566 684 154 1,986 194 0% -1% 0% -1% -2%23-Jul-07 4,619 709 154 1,948 205 1% 4% -1% -2% 6%24-Jul-07 4,621 697 152 1,975 200 0% -2% -1% 1% -2%25-Jul-07 4,589 699 166 1,989 202 -1% 0% 9% 1% 1%26-Jul-07 4,620 717 168 2,034 206 1% 3% 1% 2% 2%27-Jul-07 4,445 684 172 2,008 196 -4% -5% 3% -1% -5%30-Jul-07 4,440 685 167 1,986 209 0% 0% -3% -1% 7%31-Jul-07 4,529 674 171 1,976 207 2% -2% 2% -1% -1%1-Aug-07 4,346 668 167 1,930 202 -4% -1% -2% -2% -2%2-Aug-07 4,356 652 168 1,899 202 0% -2% 0% -2% 0%3-Aug-07 4,402 655 170 1,917 205 1% 0% 1% 1% 2%6-Aug-07 4,340 649 173 1,865 200 -1% -1% 2% -3% -3%7-Aug-07 4,356 654 167 1,878 200 0% 1% -3% 1% 0%8-Aug-07 4,462 679 167 1,967 203 2% 4% 0% 5% 2%9-Aug-07 4,403 680 164 1,934 201 -1% 0% -2% -2% -1%

10-Aug-07 4,333 657 163 1,960 196 -2% -3% 0% 1% -2%13-Aug-07 4,374 660 165 1,950 204 1% 0% 1% -1% 4%14-Aug-07 4,370 652 165 1,955 201 0% -1% 0% 0% -2%16-Aug-07 4,179 644 158 1,913 196 -4% -1% -4% -2% -2%17-Aug-07 4,108 624 154 1,855 193 -2% -3% -3% -3% -2%20-Aug-07 4,209 643 156 1,829 198 2% 3% 2% -1% 3%21-Aug-07 4,075 631 152 1,761 193 -3% -2% -3% -4% -3%22-Aug-07 4,153 625 158 1,789 196 2% -1% 4% 2% 2%23-Aug-07 4,115 623 160 1,812 198 -1% 0% 1% 1% 1%

Page 19: Calculating Beta

24-Aug-07 4,190 639 162 1,826 199 2% 3% 1% 1% 1%27-Aug-07 4,303 641 165 1,848 201 3% 0% 2% 1% 1%28-Aug-07 4,321 631 167 1,880 202 0% -2% 1% 2% 1%29-Aug-07 4,359 638 169 1,837 202 1% 1% 1% -2% 0%30-Aug-07 4,412 650 172 1,865 203 1% 2% 2% 2% 1%31-Aug-07 4,464 648 171 1,855 208 1% 0% 0% -1% 3%

3-Sep-07 4,475 648 174 1,861 210 0% 0% 2% 0% 1%4-Sep-07 4,479 642 173 1,890 211 0% -1% -1% 2% 1%5-Sep-07 4,476 636 172 1,895 212 0% -1% 0% 0% 1%6-Sep-07 4,519 653 175 1,904 216 1% 3% 2% 0% 2%7-Sep-07 4,510 669 178 1,909 214 0% 2% 2% 0% -1%

10-Sep-07 4,508 660 185 1,872 213 0% -1% 4% -2% 0%11-Sep-07 4,497 661 184 1,823 217 0% 0% 0% -3% 2%12-Sep-07 4,497 658 180 1,822 218 0% -1% -2% 0% 0%13-Sep-07 4,529 666 179 1,834 215 1% 1% -1% 1% -1%14-Sep-07 4,518 668 181 1,837 212 0% 0% 1% 0% -1%17-Sep-07 4,495 666 181 1,805 216 -1% 0% 0% -2% 2%18-Sep-07 4,546 676 180 1,805 215 1% 1% 0% 0% -1%19-Sep-07 4,732 701 187 1,852 217 4% 4% 4% 3% 1%20-Sep-07 4,748 709 194 1,800 214 0% 1% 4% -3% -1%21-Sep-07 4,838 738 191 1,826 219 2% 4% -2% 1% 2%24-Sep-07 4,932 768 188 1,763 224 2% 4% -2% -3% 2%25-Sep-07 4,939 745 187 1,771 227 0% -3% 0% 0% 2%26-Sep-07 4,941 738 185 1,825 225 0% -1% -1% 3% -1%27-Sep-07 5,001 745 185 1,916 219 1% 1% 0% 5% -3%28-Sep-07 5,021 747 190 1,893 221 0% 0% 2% -1% 1%

1-Oct-07 5,069 734 186 1,905 224 1% -2% -2% 1% 2%3-Oct-07 5,211 736 187 2,002 221 3% 0% 1% 5% -2%4-Oct-07 5,209 722 185 1,999 224 0% -2% -1% 0% 2%5-Oct-07 5,186 721 179 1,983 222 0% 0% -4% -1% -1%8-Oct-07 5,085 728 178 2,004 221 -2% 1% 0% 1% -1%9-Oct-07 5,327 748 185 2,047 224 5% 3% 4% 2% 2%

10-Oct-07 5,441 754 184 2,125 224 2% 1% 0% 4% 0%11-Oct-07 5,525 754 190 1,977 226 2% 0% 3% -7% 1%12-Oct-07 5,428 756 185 1,930 221 -2% 0% -2% -2% -2%15-Oct-07 5,670 766 187 1,928 219 4% 1% 1% 0% -1%16-Oct-07 5,668 754 186 1,866 213 0% -2% -1% -3% -3%17-Oct-07 5,559 738 185 1,890 209 -2% -2% -1% 1% -2%18-Oct-07 5,351 726 183 1,890 210 -4% -2% -1% 0% 0%19-Oct-07 5,215 746 176 1,910 206 -3% 3% -4% 1% -2%22-Oct-07 5,184 758 177 1,887 208 -1% 2% 1% -1% 1%23-Oct-07 5,474 760 185 1,883 216 6% 0% 4% 0% 4%24-Oct-07 5,496 742 184 1,845 216 0% -2% -1% -2% 0%25-Oct-07 5,569 740 183 1,837 221 1% 0% -1% 0% 2%26-Oct-07 5,702 739 180 1,848 218 2% 0% -1% 1% -1%29-Oct-07 5,906 744 183 1,861 220 4% 1% 1% 1% 1%30-Oct-07 5,869 725 180 1,854 219 -1% -3% -2% 0% 0%31-Oct-07 5,901 725 179 1,837 207 1% 0% 0% -1% -6%1-Nov-07 5,866 689 172 1,874 194 -1% -5% -4% 2% -6%2-Nov-07 5,932 674 175 1,917 196 1% -2% 2% 2% 1%5-Nov-07 5,847 664 171 1,854 193 -1% -1% -2% -3% -1%

Page 20: Calculating Beta

6-Nov-07 5,787 669 174 1,852 196 -1% 1% 1% 0% 1%7-Nov-07 5,782 680 171 1,746 193 0% 2% -2% -6% -1%8-Nov-07 5,699 671 170 1,716 195 -1% -1% 0% -2% 1%9-Nov-07 5,663 663 169 1,701 193 -1% -1% -1% -1% -1%

12-Nov-07 5,617 666 179 1,642 199 -1% 0% 6% -3% 3%13-Nov-07 5,695 663 178 1,627 200 1% 0% 0% -1% 0%14-Nov-07 5,938 671 183 1,708 201 4% 1% 3% 5% 1%15-Nov-07 5,912 686 189 1,647 199 0% 2% 4% -4% -1%16-Nov-07 5,907 698 205 1,625 201 0% 2% 8% -1% 1%19-Nov-07 5,908 706 199 1,620 205 0% 1% -3% 0% 2%20-Nov-07 5,781 701 197 1,566 205 -2% -1% -1% -3% 0%21-Nov-07 5,561 713 185 1,547 202 -4% 2% -6% -1% -2%22-Nov-07 5,519 710 185 1,532 202 -1% 0% 0% -1% 0%23-Nov-07 5,609 714 185 1,558 207 2% 1% 0% 2% 2%26-Nov-07 5,732 727 188 1,576 210 2% 2% 2% 1% 2%27-Nov-07 5,698 728 186 1,574 210 -1% 0% -1% 0% 0%28-Nov-07 5,618 707 187 1,569 209 -1% -3% 1% 0% -1%29-Nov-07 5,635 740 186 1,567 210 0% 5% -1% 0% 0%30-Nov-07 5,763 721 188 1,603 207 2% -3% 1% 2% -2%

3-Dec-07 5,865 705 192 1,600 206 2% -2% 2% 0% 0%4-Dec-07 5,858 698 192 1,615 207 0% -1% 0% 1% 0%5-Dec-07 5,940 697 193 1,604 206 1% 0% 0% -1% 0%6-Dec-07 5,955 691 193 1,635 208 0% -1% 0% 2% 1%7-Dec-07 5,974 689 188 1,722 209 0% 0% -3% 5% 0%

10-Dec-07 5,961 689 187 1,749 206 0% 0% -1% 2% -1%11-Dec-07 6,097 701 188 1,744 211 2% 2% 0% 0% 2%12-Dec-07 6,159 707 190 1,686 210 1% 1% 1% -3% 0%13-Dec-07 6,058 714 196 1,660 212 -2% 1% 4% -2% 1%14-Dec-07 6,048 714 201 1,646 219 0% 0% 2% -1% 3%17-Dec-07 5,777 709 194 1,624 219 -4% -1% -4% -1% 0%18-Dec-07 5,742 707 198 1,618 212 -1% 0% 2% 0% -3%19-Dec-07 5,751 707 200 1,639 213 0% 0% 1% 1% 0%20-Dec-07 5,767 697 197 1,696 213 0% -1% -2% 3% 0%24-Dec-07 5,985 702 198 1,810 216 4% 1% 1% 7% 2%26-Dec-07 6,071 702 200 1,818 215 1% 0% 1% 0% -1%27-Dec-07 6,082 704 204 1,802 217 0% 0% 2% -1% 1%28-Dec-07 6,080 699 207 1,796 216 0% -1% 1% 0% 0%31-Dec-07 6,139 696 209 1,770 214 1% 0% 1% -1% -1%

1-Jan-08 6,144 698 218 1,747 218 0% 0% 4% -1% 2%2-Jan-08 6,179 699 221 1,748 216 1% 0% 2% 0% -1%3-Jan-08 6,179 710 214 1,709 223 0% 2% -3% -2% 3%4-Jan-08 6,274 701 219 1,695 232 2% -1% 2% -1% 4%7-Jan-08 6,279 702 231 1,637 237 0% 0% 5% -3% 2%8-Jan-08 6,288 692 231 1,662 237 0% -1% 0% 2% 0%9-Jan-08 6,272 688 228 1,653 234 0% 0% -1% -1% -1%

10-Jan-08 6,157 683 220 1,603 229 -2% -1% -4% -3% -2%11-Jan-08 6,200 661 220 1,582 224 1% -3% 0% -1% -2%14-Jan-08 6,207 705 225 1,530 219 0% 7% 2% -3% -2%15-Jan-08 6,074 706 216 1,502 217 -2% 0% -4% -2% -1%16-Jan-08 5,936 704 209 1,495 215 -2% 0% -3% 0% -1%17-Jan-08 5,913 697 218 1,490 218 0% -1% 4% 0% 1%

Page 21: Calculating Beta

18-Jan-08 5,705 691 213 1,468 214 -4% -1% -2% -1% -2%21-Jan-08 5,209 643 202 1,391 200 -9% -7% -5% -5% -7%22-Jan-08 4,899 593 183 1,381 184 -6% -8% -9% -1% -8%23-Jan-08 5,203 606 195 1,422 191 6% 2% 7% 3% 4%24-Jan-08 5,033 648 188 1,423 186 -3% 7% -4% 0% -2%25-Jan-08 5,383 691 198 1,520 200 7% 7% 6% 7% 8%28-Jan-08 5,274 696 196 1,446 200 -2% 1% -1% -5% 0%29-Jan-08 5,281 688 201 1,493 209 0% -1% 3% 3% 4%30-Jan-08 5,168 690 199 1,493 196 -2% 0% -1% 0% -6%31-Jan-08 5,137 693 196 1,499 209 -1% 0% -2% 0% 7%1-Feb-08 5,317 728 205 1,595 208 3% 5% 5% 6% 0%4-Feb-08 5,464 768 205 1,640 213 3% 6% 0% 3% 3%5-Feb-08 5,484 728 206 1,609 209 0% -5% 1% -2% -2%6-Feb-08 5,323 717 200 1,510 204 -3% -1% -3% -6% -2%7-Feb-08 5,133 707 192 1,482 200 -4% -1% -4% -2% -2%8-Feb-08 5,120 707 198 1,552 211 0% 0% 3% 5% 6%

11-Feb-08 4,857 688 185 1,558 194 -5% -3% -6% 0% -8%12-Feb-08 4,838 676 186 1,545 194 0% -2% 0% -1% 0%13-Feb-08 4,929 724 196 1,545 193 2% 7% 6% 0% -1%14-Feb-08 5,202 730 199 1,547 203 6% 1% 2% 0% 6%15-Feb-08 5,303 729 203 1,565 211 2% 0% 2% 1% 4%18-Feb-08 5,277 719 210 1,555 217 0% -1% 3% -1% 3%19-Feb-08 5,281 730 205 1,557 221 0% 2% -2% 0% 2%20-Feb-08 5,154 718 202 1,569 214 -2% -2% -2% 1% -3%21-Feb-08 5,192 727 201 1,628 220 1% 1% 0% 4% 3%22-Feb-08 5,111 721 200 1,581 216 -2% -1% -1% -3% -2%25-Feb-08 5,201 741 202 1,615 216 2% 3% 1% 2% 0%26-Feb-08 5,270 734 201 1,663 220 1% -1% 0% 3% 2%27-Feb-08 5,268 723 202 1,619 220 0% -2% 0% -3% 0%28-Feb-08 5,285 748 202 1,599 221 0% 3% 0% -1% 0%29-Feb-08 5,224 762 203 1,548 228 -1% 2% 0% -3% 3%

3-Mar-08 4,953 775 193 1,468 232 -5% 2% -5% -5% 2%4-Mar-08 4,864 773 185 1,419 229 -2% 0% -4% -3% -1%5-Mar-08 4,921 774 195 1,479 226 1% 0% 5% 4% -1%7-Mar-08 4,772 767 191 1,431 226 -3% -1% -2% -3% 0%

10-Mar-08 4,800 757 191 1,431 224 1% -1% 0% 0% -1%11-Mar-08 4,866 736 192 1,426 225 1% -3% 1% 0% 0%12-Mar-08 4,872 728 191 1,385 222 0% -1% -1% -3% -1%13-Mar-08 4,624 737 186 1,338 222 -5% 1% -3% -3% 0%14-Mar-08 4,746 716 192 1,370 226 3% -3% 3% 2% 2%17-Mar-08 4,503 686 186 1,338 223 -5% -4% -3% -2% -2%18-Mar-08 4,533 685 183 1,315 232 1% 0% -1% -2% 4%19-Mar-08 4,574 650 187 1,344 226 1% -5% 2% 2% -3%24-Mar-08 4,610 648 191 1,360 235 1% 0% 2% 1% 4%25-Mar-08 4,878 679 192 1,492 245 6% 5% 0% 10% 4%26-Mar-08 4,829 680 195 1,500 235 -1% 0% 2% 0% -4%27-Mar-08 4,830 686 200 1,442 245 0% 1% 2% -4% 4%28-Mar-08 4,942 700 207 1,521 242 2% 2% 3% 6% -1%31-Mar-08 4,735 695 206 1,440 229 -4% -1% 0% -5% -6%

1-Apr-08 4,740 704 211 1,423 238 0% 1% 2% -1% 4%2-Apr-08 4,754 740 208 1,483 236 0% 5% -1% 4% -1%

Page 22: Calculating Beta

3-Apr-08 4,772 750 208 1,523 243 0% 1% 0% 3% 3%4-Apr-08 4,647 760 201 1,485 242 -3% 1% -4% -2% -1%7-Apr-08 4,761 750 210 1,492 253 2% -1% 5% 0% 5%8-Apr-08 4,710 740 209 1,467 249 -1% -1% -1% -2% -2%9-Apr-08 4,747 745 207 1,480 245 1% 1% -1% 1% -2%

10-Apr-08 4,733 746 207 1,453 240 0% 0% 0% -2% -2%11-Apr-08 4,778 739 204 1,422 236 1% -1% -1% -2% -2%15-Apr-08 4,880 740 208 1,510 246 2% 0% 2% 6% 4%16-Apr-08 4,887 742 210 1,600 241 0% 0% 1% 6% -2%17-Apr-08 4,958 741 211 1,659 232 1% 0% 1% 4% -4%21-Apr-08 5,037 748 208 1,646 236 2% 1% -2% -1% 2%22-Apr-08 5,049 748 213 1,599 239 0% 0% 2% -3% 1%23-Apr-08 5,023 749 212 1,648 244 -1% 0% -1% 3% 2%24-Apr-08 5,000 773 210 1,696 249 0% 3% -1% 3% 2%25-Apr-08 5,112 808 213 1,684 250 2% 5% 1% -1% 1%28-Apr-08 5,090 819 212 1,664 247 0% 1% -1% -1% -1%29-Apr-08 5,196 863 212 1,750 252 2% 5% 0% 5% 2%30-Apr-08 5,166 852 220 1,753 250 -1% -1% 4% 0% -1%2-May-08 5,228 846 221 1,787 250 1% -1% 0% 2% 0%5-May-08 5,192 818 221 1,786 248 -1% -3% 0% 0% -1%6-May-08 5,145 822 225 1,807 249 -1% 0% 2% 1% 0%7-May-08 5,136 821 227 1,844 252 0% 0% 1% 2% 1%8-May-08 5,082 814 215 1,785 251 -1% -1% -5% -3% 0%9-May-08 4,983 811 219 1,749 252 -2% 0% 2% -2% 0%

12-May-08 5,013 799 224 1,773 247 1% -1% 2% 1% -2%13-May-08 4,958 799 225 1,749 246 -1% 0% 1% -1% 0%14-May-08 5,012 821 226 1,825 243 1% 3% 0% 4% -1%15-May-08 5,115 808 226 1,893 238 2% -2% 0% 4% -2%16-May-08 5,158 806 227 1,871 244 1% 0% 0% -1% 3%20-May-08 5,105 802 226 1,888 241 -1% -1% -1% 1% -1%21-May-08 5,118 786 228 1,871 236 0% -2% 1% -1% -2%22-May-08 5,025 789 223 1,864 235 -2% 0% -2% 0% 0%23-May-08 4,947 798 214 1,829 235 -2% 1% -4% -2% 0%26-May-08 4,875 787 206 1,885 231 -1% -1% -4% 3% -2%27-May-08 4,860 785 209 1,883 232 0% 0% 2% 0% 0%28-May-08 4,918 796 222 1,912 238 1% 1% 6% 2% 3%29-May-08 4,835 778 216 1,885 237 -2% -2% -3% -1% -1%30-May-08 4,870 746 218 1,963 237 1% -4% 1% 4% 0%

2-Jun-08 4,740 788 220 1,951 235 -3% 6% 1% -1% -1%3-Jun-08 4,716 798 220 1,922 235 -1% 1% 0% -1% 0%4-Jun-08 4,586 777 216 1,871 230 -3% -3% -2% -3% -2%5-Jun-08 4,677 769 223 1,980 238 2% -1% 3% 6% 3%6-Jun-08 4,628 756 213 1,994 237 -1% -2% -4% 1% 0%9-Jun-08 4,501 772 207 1,902 232 -3% 2% -3% -5% -2%

10-Jun-08 4,450 765 202 1,854 234 -1% -1% -3% -2% 1%11-Jun-08 4,524 810 200 1,893 233 2% 6% -1% 2% -1%12-Jun-08 4,539 815 200 1,875 232 0% 1% 0% -1% 0%13-Jun-08 4,517 784 198 1,867 227 0% -4% -1% 0% -2%16-Jun-08 4,573 765 202 1,908 231 1% -2% 2% 2% 2%17-Jun-08 4,653 777 203 1,912 236 2% 2% 1% 0% 2%18-Jun-08 4,582 789 206 1,862 234 -2% 2% 1% -3% -1%

Page 23: Calculating Beta

19-Jun-08 4,504 797 206 1,862 232 -2% 1% 0% 0% -1%20-Jun-08 4,348 758 198 1,827 226 -3% -5% -4% -2% -3%23-Jun-08 4,266 736 195 1,846 227 -2% -3% -2% 1% 1%24-Jun-08 4,191 703 192 1,794 215 -2% -5% -2% -3% -5%25-Jun-08 4,253 704 186 1,747 216 1% 0% -3% -3% 1%26-Jun-08 4,316 720 192 1,785 213 1% 2% 3% 2% -1%27-Jun-08 4,137 683 184 1,705 209 -4% -5% -4% -4% -2%30-Jun-08 4,041 692 188 1,737 207 -2% 1% 2% 2% -1%

1-Jul-08 3,897 681 183 1,717 198 -4% -2% -3% -1% -5%2-Jul-08 4,093 680 180 1,821 200 5% 0% -2% 6% 1%3-Jul-08 3,926 664 169 1,743 196 -4% -2% -6% -4% -2%4-Jul-08 4,016 667 171 1,756 202 2% 0% 1% 1% 3%7-Jul-08 4,030 690 178 1,800 210 0% 3% 4% 3% 4%8-Jul-08 3,989 689 172 1,737 210 -1% 0% -3% -4% 0%9-Jul-08 4,157 715 184 1,822 216 4% 4% 7% 5% 3%

10-Jul-08 4,162 689 179 1,805 219 0% -4% -3% -1% 1%11-Jul-08 4,049 667 175 1,677 214 -3% -3% -3% -7% -2%14-Jul-08 4,040 661 169 1,556 220 0% -1% -3% -7% 3%15-Jul-08 3,861 655 160 1,545 212 -4% -1% -5% -1% -4%16-Jul-08 3,817 638 162 1,548 215 -1% -3% 1% 0% 2%17-Jul-08 3,947 660 167 1,582 220 3% 3% 3% 2% 2%18-Jul-08 4,092 680 176 1,547 220 4% 3% 5% -2% 0%21-Jul-08 4,160 718 179 1,561 228 2% 6% 2% 1% 4%22-Jul-08 4,240 726 190 1,578 233 2% 1% 6% 1% 2%23-Jul-08 4,477 750 192 1,602 231 6% 3% 1% 2% -1%24-Jul-08 4,434 763 191 1,567 228 -1% 2% -1% -2% -1%25-Jul-08 4,312 757 189 1,551 233 -3% -1% -1% -1% 2%28-Jul-08 4,332 761 191 1,539 231 0% 1% 1% -1% -1%29-Jul-08 4,190 736 190 1,541 238 -3% -3% -1% 0% 3%30-Jul-08 4,314 783 188 1,602 239 3% 6% -1% 4% 0%31-Jul-08 4,333 804 187 1,583 240 0% 3% -1% -1% 0%1-Aug-08 4,414 795 187 1,639 235 2% -1% 0% 4% -2%4-Aug-08 4,395 795 188 1,659 234 0% 0% 0% 1% 0%5-Aug-08 4,503 829 190 1,679 240 2% 4% 1% 1% 2%6-Aug-08 4,518 819 190 1,699 246 0% -1% 0% 1% 2%7-Aug-08 4,524 821 192 1,726 242 0% 0% 1% 2% -1%8-Aug-08 4,530 822 190 1,680 242 0% 0% -1% -3% 0%

11-Aug-08 4,620 828 194 1,670 242 2% 1% 2% -1% 0%12-Aug-08 4,552 821 196 1,604 243 -1% -1% 1% -4% 0%13-Aug-08 4,529 818 195 1,626 244 -1% 0% 0% 1% 0%14-Aug-08 4,431 784 191 1,694 240 -2% -4% -2% 4% -2%18-Aug-08 4,393 792 187 1,704 242 -1% 1% -2% 1% 1%19-Aug-08 4,368 789 184 1,693 243 -1% 0% -2% -1% 1%20-Aug-08 4,416 805 183 1,699 243 1% 2% 0% 0% 0%21-Aug-08 4,284 803 182 1,661 236 -3% 0% 0% -2% -3%22-Aug-08 4,327 801 182 1,697 245 1% 0% 0% 2% 4%25-Aug-08 4,335 803 184 1,706 243 0% 0% 1% 1% -1%26-Aug-08 4,338 799 185 1,698 247 0% 0% 1% 0% 2%27-Aug-08 4,292 810 184 1,708 247 -1% 1% -1% 1% 0%28-Aug-08 4,214 822 184 1,699 240 -2% 1% 0% -1% -3%29-Aug-08 4,360 829 189 1,749 245 3% 1% 3% 3% 2%

Page 24: Calculating Beta

1-Sep-08 4,349 848 192 1,723 242 0% 2% 2% -1% -1%2-Sep-08 4,504 860 194 1,775 247 4% 1% 1% 3% 2%4-Sep-08 4,448 870 189 1,789 241 -1% 1% -3% 1% -3%5-Sep-08 4,352 860 190 1,712 245 -2% -1% 0% -4% 2%8-Sep-08 4,482 862 197 1,750 253 3% 0% 3% 2% 3%9-Sep-08 4,469 829 195 1,749 252 0% -4% -1% 0% -1%

10-Sep-08 4,400 838 195 1,760 251 -2% 1% 0% 1% 0%11-Sep-08 4,290 837 192 1,751 247 -2% 0% -2% -1% -2%12-Sep-08 4,228 838 191 1,644 249 -1% 0% 0% -6% 1%15-Sep-08 4,073 826 190 1,578 243 -4% -1% -1% -4% -2%16-Sep-08 4,075 854 194 1,566 241 0% 3% 2% -1% -1%17-Sep-08 4,008 817 185 1,579 238 -2% -4% -5% 1% -1%18-Sep-08 4,038 840 186 1,525 241 1% 3% 0% -3% 1%19-Sep-08 4,245 821 191 1,625 245 5% -2% 3% 7% 2%22-Sep-08 4,223 817 195 1,630 250 -1% 0% 2% 0% 2%23-Sep-08 4,127 828 194 1,544 247 -2% 1% -1% -5% -1%24-Sep-08 4,161 844 193 1,524 250 1% 2% 0% -1% 1%25-Sep-08 4,111 861 188 1,507 249 -1% 2% -3% -1% 0%26-Sep-08 3,985 850 192 1,447 253 -3% -1% 2% -4% 1%29-Sep-08 3,850 846 191 1,393 255 -3% 0% -1% -4% 1%30-Sep-08 3,921 872 188 1,398 252 2% 3% -2% 0% -1%

1-Oct-08 3,951 875 192 1,449 254 1% 0% 2% 4% 1%3-Oct-08 3,818 888 190 1,392 257 -3% 2% -1% -4% 1%6-Oct-08 3,602 857 180 1,319 250 -6% -4% -5% -5% -3%7-Oct-08 3,607 871 175 1,302 249 0% 2% -3% -1% 0%8-Oct-08 3,514 873 166 1,254 238 -3% 0% -5% -4% -4%

10-Oct-08 3,280 815 163 1,225 222 -7% -7% -1% -2% -7%13-Oct-08 3,491 831 170 1,319 231 6% 2% 4% 8% 4%14-Oct-08 3,519 825 169 1,398 239 1% -1% -1% 6% 3%15-Oct-08 3,338 826 161 1,335 231 -5% 0% -5% -4% -3%16-Oct-08 3,269 845 162 1,263 248 -2% 2% 1% -5% 7%17-Oct-08 3,074 815 159 1,203 242 -6% -4% -2% -5% -2%20-Oct-08 3,123 806 165 1,295 239 2% -1% 4% 8% -1%21-Oct-08 3,235 825 169 1,348 250 4% 2% 2% 4% 5%22-Oct-08 3,065 812 171 1,300 252 -5% -2% 1% -4% 1%23-Oct-08 2,943 760 169 1,283 242 -4% -6% -1% -1% -4%24-Oct-08 2,584 728 159 1,246 226 -12% -4% -6% -3% -6%27-Oct-08 2,524 700 149 1,252 212 -2% -4% -6% 0% -7%28-Oct-08 2,685 731 155 1,279 218 6% 4% 4% 2% 3%29-Oct-08 2,697 769 153 1,304 207 0% 5% -1% 2% -5%31-Oct-08 2,886 745 155 1,389 222 7% -3% 1% 6% 7%3-Nov-08 3,044 730 160 1,379 237 5% -2% 3% -1% 7%4-Nov-08 3,142 733 171 1,332 247 3% 1% 7% -3% 4%5-Nov-08 2,995 746 170 1,322 239 -5% 2% -1% -1% -3%6-Nov-08 2,893 724 169 1,246 245 -3% -3% -1% -6% 3%7-Nov-08 2,973 752 175 1,263 250 3% 4% 4% 1% 2%

10-Nov-08 3,148 756 172 1,339 252 6% 1% -1% 6% 1%11-Nov-08 2,939 746 173 1,257 247 -7% -1% 0% -6% -2%12-Nov-08 2,848 753 170 1,259 235 -3% 1% -1% 0% -5%14-Nov-08 2,810 727 170 1,213 235 -1% -3% 0% -4% 0%17-Nov-08 2,800 720 165 1,232 236 0% -1% -3% 2% 0%

Page 25: Calculating Beta

18-Nov-08 2,683 723 161 1,181 235 -4% 0% -3% -4% 0%19-Nov-08 2,635 750 165 1,173 234 -2% 4% 3% -1% 0%20-Nov-08 2,553 710 165 1,122 235 -3% -5% 0% -4% 0%21-Nov-08 2,693 710 170 1,185 235 5% 0% 3% 6% 0%24-Nov-08 2,708 728 172 1,196 236 1% 2% 1% 1% 0%25-Nov-08 2,654 742 169 1,182 236 -2% 2% -2% -1% 0%26-Nov-08 2,752 781 172 1,187 237 4% 5% 2% 0% 0%28-Nov-08 2,755 804 174 1,244 236 0% 3% 1% 5% 0%

1-Dec-08 2,683 759 165 1,231 233 -3% -6% -5% -1% -2%2-Dec-08 2,658 760 170 1,208 233 -1% 0% 3% -2% 0%3-Dec-08 2,656 746 169 1,157 232 0% -2% -1% -4% 0%4-Dec-08 2,788 748 174 1,192 237 5% 0% 3% 3% 2%5-Dec-08 2,714 761 169 1,135 235 -3% 2% -3% -5% -1%8-Dec-08 2,784 788 170 1,158 240 3% 4% 0% 2% 2%

10-Dec-08 2,928 796 170 1,174 245 5% 1% 0% 1% 2%11-Dec-08 2,920 792 171 1,135 242 0% 0% 0% -3% -1%12-Dec-08 2,921 781 172 1,105 240 0% -1% 1% -3% 0%15-Dec-08 2,981 793 174 1,102 244 2% 1% 1% 0% 1%16-Dec-08 3,042 810 177 1,125 248 2% 2% 2% 2% 2%17-Dec-08 2,954 808 172 1,142 252 -3% 0% -2% 1% 1%18-Dec-08 3,061 820 180 1,177 256 4% 2% 4% 3% 1%19-Dec-08 3,078 823 179 1,191 266 1% 0% -1% 1% 4%22-Dec-08 3,039 803 180 1,187 262 -1% -2% 1% 0% -1%23-Dec-08 2,969 810 178 1,176 258 -2% 1% -1% -1% -2%24-Dec-08 2,917 815 172 1,174 257 -2% 1% -3% 0% 0%26-Dec-08 2,857 791 171 1,109 252 -2% -3% -1% -6% -2%29-Dec-08 2,922 805 171 1,114 253 2% 2% 0% 0% 0%30-Dec-08 2,980 811 172 1,128 252 2% 1% 0% 1% 0%31-Dec-08 2,959 804 172 1,115 250 -1% -1% 0% -1% -1%

1-Jan-09 3,033 812 172 1,148 251 3% 1% 0% 3% 0%2-Jan-09 3,047 792 175 1,132 248 0% -2% 2% -1% -1%5-Jan-09 3,121 778 173 1,173 243 2% -2% -1% 4% -2%6-Jan-09 3,113 790 174 1,169 247 0% 2% 1% 0% 2%7-Jan-09 2,920 774 168 1,188 251 -6% -2% -4% 2% 2%9-Jan-09 2,873 802 170 1,203 263 -2% 4% 1% 1% 5%

12-Jan-09 2,773 782 165 1,160 264 -3% -3% -3% -4% 0%13-Jan-09 2,745 805 169 1,228 255 -1% 3% 2% 6% -4%14-Jan-09 2,835 828 171 1,304 254 3% 3% 1% 6% 0%15-Jan-09 2,737 832 169 1,252 247 -3% 1% -1% -4% -3%16-Jan-09 2,828 845 167 1,267 251 3% 2% -1% 1% 2%19-Jan-09 2,846 840 172 1,262 254 1% -1% 3% 0% 1%20-Jan-09 2,797 837 171 1,252 246 -2% 0% -1% -1% -3%21-Jan-09 2,706 842 171 1,224 255 -3% 1% 0% -2% 4%22-Jan-09 2,714 849 171 1,231 253 0% 1% 0% 1% -1%23-Jan-09 2,679 847 171 1,205 247 -1% 0% 0% -2% -3%27-Jan-09 2,771 857 170 1,252 253 3% 1% 0% 4% 3%28-Jan-09 2,850 871 171 1,287 259 3% 2% 0% 3% 2%29-Jan-09 2,824 884 176 1,310 257 -1% 2% 3% 2% -1%30-Jan-09 2,875 877 175 1,307 262 2% -1% 0% 0% 2%2-Feb-09 2,767 878 180 1,280 262 -4% 0% 3% -2% 0%3-Feb-09 2,784 878 178 1,283 266 1% 0% -1% 0% 2%

Page 26: Calculating Beta

4-Feb-09 2,803 878 181 1,282 268 1% 0% 2% 0% 1%5-Feb-09 2,780 873 181 1,256 263 -1% 0% 0% -2% -2%6-Feb-09 2,843 880 181 1,289 261 2% 1% 0% 3% -1%9-Feb-09 2,920 885 183 1,312 260 3% 1% 1% 2% 0%

10-Feb-09 2,935 889 183 1,308 259 1% 0% 0% 0% 0%11-Feb-09 2,926 902 180 1,302 259 0% 2% -2% 0% 0%12-Feb-09 2,893 918 180 1,255 259 -1% 2% 0% -4% 0%13-Feb-09 2,948 932 178 1,252 259 2% 2% -1% 0% 0%16-Feb-09 2,849 935 179 1,221 256 -3% 0% 1% -2% -1%17-Feb-09 2,771 945 181 1,174 252 -3% 1% 1% -4% -1%18-Feb-09 2,776 932 181 1,179 253 0% -1% 0% 0% 0%19-Feb-09 2,789 931 180 1,209 249 0% 0% 0% 3% -2%20-Feb-09 2,736 917 181 1,177 249 -2% -1% 1% -3% 0%24-Feb-09 2,734 899 180 1,186 253 0% -2% 0% 1% 1%25-Feb-09 2,763 896 181 1,217 252 1% 0% 0% 3% -1%26-Feb-09 2,786 927 182 1,236 254 1% 3% 1% 2% 1%27-Feb-09 2,764 930 184 1,231 254 -1% 0% 1% 0% 0%

2-Mar-09 2,675 903 183 1,219 245 -3% -3% -1% -1% -3%3-Mar-09 2,622 901 179 1,198 242 -2% 0% -2% -2% -1%4-Mar-09 2,645 928 172 1,199 241 1% 3% -4% 0% 0%5-Mar-09 2,577 936 174 1,182 230 -3% 1% 1% -1% -4%6-Mar-09 2,620 929 167 1,219 224 2% -1% -4% 3% -3%9-Mar-09 2,573 935 165 1,202 216 -2% 1% -1% -1% -3%

12-Mar-09 2,617 970 158 1,228 226 2% 4% -4% 2% 4%13-Mar-09 2,719 962 162 1,297 229 4% -1% 2% 6% 2%16-Mar-09 2,777 965 165 1,288 235 2% 0% 2% -1% 3%17-Mar-09 2,757 974 170 1,266 233 -1% 1% 3% -2% -1%18-Mar-09 2,795 998 173 1,278 232 1% 2% 2% 1% 0%19-Mar-09 2,807 991 170 1,297 230 0% -1% -2% 1% -1%20-Mar-09 2,807 998 170 1,296 233 0% 1% 0% 0% 1%23-Mar-09 2,940 1,001 169 1,331 239 5% 0% 0% 3% 2%24-Mar-09 2,939 1,008 174 1,321 239 0% 1% 3% -1% 0%25-Mar-09 2,984 1,011 175 1,339 235 2% 0% 0% 1% -2%26-Mar-09 3,082 1,032 178 1,379 240 3% 2% 2% 3% 2%27-Mar-09 3,109 1,091 185 1,345 240 1% 6% 4% -2% 0%30-Mar-09 2,978 1,047 186 1,301 240 -4% -4% 1% -3% 0%31-Mar-09 3,021 1,071 179 1,324 238 1% 2% -4% 2% -1%

1-Apr-09 3,060 1,040 185 1,374 236 1% -3% 3% 4% 0%2-Apr-09 3,211 1,030 184 1,419 231 5% -1% 0% 3% -2%6-Apr-09 3,257 1,064 185 1,414 227 1% 3% 1% 0% -2%8-Apr-09 3,343 1,078 180 1,425 241 3% 1% -3% 1% 6%9-Apr-09 3,342 1,066 190 1,427 233 0% -1% 6% 0% -3%

13-Apr-09 3,383 1,059 187 1,409 230 1% -1% -1% -1% -1%15-Apr-09 3,484 1,069 187 1,371 235 3% 1% 0% -3% 2%16-Apr-09 3,370 1,078 185 1,345 239 -3% 1% -1% -2% 2%17-Apr-09 3,384 1,110 192 1,397 239 0% 3% 4% 4% 0%20-Apr-09 3,377 1,125 188 1,393 238 0% 1% -2% 0% 0%21-Apr-09 3,365 1,101 185 1,362 243 0% -2% -2% -2% 2%22-Apr-09 3,330 1,081 189 1,381 241 -1% -2% 2% 1% -1%23-Apr-09 3,424 1,125 191 1,450 240 3% 4% 1% 5% 0%24-Apr-09 3,481 1,147 190 1,449 238 2% 2% 0% 0% -1%

Page 27: Calculating Beta

27-Apr-09 3,470 1,130 191 1,436 231 0% -2% 0% -1% -3%28-Apr-09 3,362 1,122 194 1,431 225 -3% -1% 2% 0% -2%29-Apr-09 3,474 1,183 188 1,509 235 3% 5% -3% 5% 4%4-May-09 3,654 1,203 189 1,628 240 5% 2% 1% 8% 2%5-May-09 3,662 1,199 206 1,582 238 0% 0% 9% -3% -1%6-May-09 3,625 1,204 198 1,573 235 -1% 0% -4% -1% -2%7-May-09 3,684 1,219 193 1,553 231 2% 1% -3% -1% -2%8-May-09 3,621 1,225 190 1,521 233 -2% 0% -1% -2% 1%

11-May-09 3,555 1,222 188 1,518 227 -2% 0% -1% 0% -3%12-May-09 3,681 1,195 188 1,598 225 4% -2% 0% 5% -1%13-May-09 3,635 1,195 191 1,574 222 -1% 0% 2% -2% -1%14-May-09 3,593 1,213 188 1,567 225 -1% 1% -2% 0% 1%15-May-09 3,672 1,222 187 1,593 224 2% 1% -1% 2% 0%18-May-09 4,323 1,487 186 1,800 240 18% ### 0% 13% 7%19-May-09 4,318 1,340 207 1,559 230 0% ### 11% -13% -4%20-May-09 4,270 1,299 190 1,531 233 -1% -3% -8% -2% 2%21-May-09 4,211 1,265 186 1,502 230 -1% -3% -2% -2% -1%22-May-09 4,239 1,298 182 1,522 232 1% 3% -2% 1% 1%25-May-09 4,238 1,324 184 1,511 233 0% 2% 1% -1% 0%26-May-09 4,117 1,343 190 1,548 231 -3% 1% 3% 2% -1%27-May-09 4,276 1,359 184 1,588 230 4% 1% -3% 3% 0%28-May-09 4,337 1,328 184 1,579 231 1% -2% 0% -1% 0%29-May-09 4,449 1,337 184 1,605 231 3% 1% 0% 2% 0%

1-Jun-09 4,530 1,366 184 1,677 233 2% 2% 0% 4% 1%2-Jun-09 4,525 1,399 192 1,689 234 0% 2% 5% 1% 0%3-Jun-09 4,531 1,388 192 1,642 240 0% -1% 0% -3% 3%4-Jun-09 4,573 1,369 203 1,630 250 1% -1% 6% -1% 4%5-Jun-09 4,587 1,454 203 1,699 252 0% 6% 0% 4% 1%8-Jun-09 4,430 1,462 191 1,742 252 -3% 1% -6% 3% 0%9-Jun-09 4,551 1,493 184 1,795 257 3% 2% -4% 3% 2%

10-Jun-09 4,655 1,484 191 1,809 264 2% -1% 4% 1% 3%11-Jun-09 4,638 1,474 195 1,751 260 0% -1% 2% -3% -2%12-Jun-09 4,583 1,467 198 1,728 256 -1% 0% 1% -1% -2%15-Jun-09 4,484 1,435 197 1,715 259 -2% -2% 0% -1% 1%16-Jun-09 4,518 1,420 198 1,725 263 1% -1% 0% 1% 2%17-Jun-09 4,356 1,411 199 1,711 262 -4% -1% 1% -1% -1%18-Jun-09 4,251 1,444 194 1,726 260 -2% 2% -2% 1% -1%19-Jun-09 4,314 1,465 193 1,770 261 1% 1% 0% 3% 0%22-Jun-09 4,235 1,475 201 1,766 259 -2% 1% 4% 0% -1%23-Jun-09 4,247 1,435 203 1,747 260 0% -3% 1% -1% 0%24-Jun-09 4,293 1,446 197 1,758 263 1% 1% -3% 1% 1%25-Jun-09 4,242 1,412 199 1,775 263 -1% -2% 1% 1% 0%26-Jun-09 4,376 1,406 201 1,759 259 3% 0% 1% -1% -2%29-Jun-09 4,391 1,384 193 1,827 266 0% -2% -4% 4% 3%30-Jun-09 4,291 1,398 197 1,783 267 -2% 1% 2% -2% 0%

1-Jul-09 4,341 1,399 194 1,777 268 1% 0% -2% 0% 0%2-Jul-09 4,349 1,382 191 1,795 273 0% -1% -2% 1% 2%3-Jul-09 4,424 1,370 191 1,797 270 2% -1% 0% 0% -1%6-Jul-09 4,166 1,359 192 1,805 273 -6% -1% 0% 0% 1%7-Jul-09 4,202 1,437 192 1,761 275 1% 6% 0% -2% 1%8-Jul-09 4,079 1,466 198 1,738 273 -3% 2% 3% -1% -1%

Page 28: Calculating Beta

9-Jul-09 4,081 1,476 211 1,706 270 0% 1% 7% -2% -1%10-Jul-09 4,004 1,452 209 1,678 266 -2% -2% -1% -2% -2%13-Jul-09 3,974 1,401 213 1,721 267 -1% -4% 2% 3% 1%14-Jul-09 4,111 1,400 211 1,770 264 3% 0% -1% 3% -1%15-Jul-09 4,234 1,490 211 1,812 269 3% 6% 0% 2% 2%16-Jul-09 4,231 1,538 212 1,792 271 0% 3% 1% -1% 0%17-Jul-09 4,375 1,640 217 1,795 266 3% 7% 2% 0% -2%20-Jul-09 4,502 1,652 217 1,866 267 3% 1% 0% 4% 0%21-Jul-09 4,469 1,645 229 1,971 267 -1% 0% 5% 6% 0%22-Jul-09 4,399 1,617 225 1,943 270 -2% -2% -2% -1% 1%23-Jul-09 4,524 1,667 220 1,920 269 3% 3% -3% -1% 0%24-Jul-09 4,569 1,735 218 1,959 277 1% 4% -1% 2% 3%27-Jul-09 4,572 1,682 230 2,004 283 0% -3% 5% 2% 2%28-Jul-09 4,564 1,677 232 2,028 300 0% 0% 1% 1% 6%29-Jul-09 4,514 1,637 239 1,997 277 -1% -2% 3% -2% -8%30-Jul-09 4,571 1,638 241 1,985 268 1% 0% 1% -1% -3%31-Jul-09 4,636 1,605 238 2,014 281 1% -2% -1% 1% 5%3-Aug-09 4,711 1,624 243 2,064 292 2% 1% 2% 3% 4%4-Aug-09 4,681 1,617 249 2,076 285 -1% 0% 3% 1% -2%5-Aug-09 4,694 1,604 248 2,044 294 0% -1% 0% -2% 3%6-Aug-09 4,586 1,521 247 2,099 290 -2% -5% -1% 3% -1%7-Aug-09 4,481 1,479 244 2,058 279 -2% -3% -1% -2% -4%

10-Aug-09 4,438 1,425 234 2,040 270 -1% -4% -4% -1% -3%11-Aug-09 4,471 1,422 230 2,088 261 1% 0% -2% 2% -3%12-Aug-09 4,458 1,437 224 2,085 263 0% 1% -2% 0% 1%13-Aug-09 4,605 1,506 226 2,043 257 3% 5% 1% -2% -2%14-Aug-09 4,580 1,478 228 2,064 263 -1% -2% 1% 1% 3%17-Aug-09 4,388 1,390 239 2,042 257 -4% -6% 5% -1% -2%18-Aug-09 4,459 1,392 235 1,983 248 2% 0% -2% -3% -3%19-Aug-09 4,394 1,359 223 1,973 259 -1% -2% -5% 0% 4%20-Aug-09 4,453 1,414 225 1,952 257 1% 4% 1% -1% -1%21-Aug-09 4,529 1,483 223 1,990 257 2% 5% -1% 2% 0%24-Aug-09 4,643 1,527 225 2,033 261 3% 3% 1% 2% 2%25-Aug-09 4,659 1,515 229 2,076 269 0% -1% 2% 2% 3%26-Aug-09 4,681 1,499 240 2,095 270 0% -1% 5% 1% 0%27-Aug-09 4,688 1,471 241 2,180 263 0% -2% 0% 4% -2%28-Aug-09 4,732 1,507 239 2,192 256 1% 2% -1% 1% -3%31-Aug-09 4,662 1,511 240 2,191 260 -1% 0% 0% 0% 2%

1-Sep-09 4,625 1,534 237 2,131 260 -1% 2% -1% -3% 0%2-Sep-09 4,608 1,561 231 2,145 262 0% 2% -2% 1% 1%3-Sep-09 4,594 1,548 230 2,165 267 0% -1% 0% 1% 2%4-Sep-09 4,680 1,611 228 2,187 268 2% 4% -1% 1% 0%7-Sep-09 4,783 1,633 227 2,201 273 2% 1% -1% 1% 2%8-Sep-09 4,805 1,669 233 2,224 274 0% 2% 3% 1% 0%9-Sep-09 4,814 1,628 231 2,204 266 0% -2% -1% -1% -3%

10-Sep-09 4,819 1,573 229 2,190 265 0% -3% -1% -1% 0%11-Sep-09 4,830 1,567 227 2,240 262 0% 0% -1% 2% -1%

229 2,267 256 ### ### 1% 1% -2% 227

Page 29: Calculating Beta

BetaITC INFOSYS HUL

0.74 0.73 0.27 0.40 0.13 0.04 0.69 0.63 0.24 0.12 0.06 0.36 0.47 0.25