January 30, 2003

Enhancements to M&A Monitor reports!

Alacra is pleased to announce some major enhancements to M&A Monitor. You can now download key statistical data in Excel using one of four Pre-Defined Reports or by building your own Custom Report. Search on up to 16 different numerical criteria to ensure your results are as accurate as possible.

Why use M&A Monitor ?
M&A Monitor provides analysis on mergers & acquisitions with an emphasis on three important points; Accuracy, Relevance and Context.

• Accuracy is achieved solely by using primary source documentation with which to carry out the analysis. Using only information issued by regulatory bodies or the companies themselves means M&A Monitor does not rely on a third party to be accurate in supplying data to them. The analysis then undertaken is rigorous and complementary to what a banker would do themselves.
• Relevance occurs through concentrating on significant transactions within the sectors that M&A Monitor covers, as a result of which M&A Monitor is able to use more resource to provide an unrivalled depth of analysis on deals that are ultimately used for comparative pricing. The M&A Monitor database is not full of deals that no-one ever looks at.
• Context. Though M&A Monitor has the most accurate information available, numbers by themselves do not tell the whole story and need to be put into context. In addition to M&A Monitor's multiples reports, each deal has a transaction report that covers the reasons given for the deal, profiles the parties involved, includes market reaction and explanations of the calculations and sources used. In the words of one client "M&A Monitor" answers the questions the other databases just pose.

What are the new Pre-Defined Reports ?

Price Ratios Report
Focus on "Price" transaction multiples and includes the lowest, highest and overall average price transaction multiples relating to the deals selected.

Firm Values Ratios Report
Highlights transaction multiples and includes the lowest, highest, and overall average Firm Value transaction multiples reported for the transactions selected.

Bank Ratios Report
A specially designed report relating to banking deals only. As banks have different reporting structures to industrials, M&A Monitor analyses these transactions with ratios appropriate to the banking sector. This report is unique to M&A Monitor.

Bid Premia Report
Expresses in percentage terms the difference between the value attributed to an ordinary share in the quoted Target company over a variety of historical time frames relative to the bid date. This report also includes the lowest, highest, and overall average bid premia.

To see the new M&A Monitor Reports, download the Sample Spreadsheets now. Click on the following links to see the full M&A Monitor transaction report for an Industrial Deal and a Banking Deal.

For more information, please contact Alacra at 1 888 333 0820 within the US, 1 212 363 9620 in New York or 44 (0)20 3059 5765 in Europe, or email us at [email protected]. We'll be happy to assist you with your first search using the new interface.