Master Chemicals Ltd.

MASTER CHEMI

Growth Table

Balance Sheet

Balance Sheet Snapshot

Fund Flow Analysis

*Data is as of latest FY end

Profit & Loss

Cash Flow

Cash Flow Analysis

Ratios

= Dominant Factor

Quarterly Results

Reverse DCF

Earnings

Discount Rate (%)

Terminal Multiple

5 YEAR

10 YEAR

20 YEAR

Implied Growth Rate over a 5 year period*

Implied Growth Rate over a 10 year period*

Implied Growth Rate over a 20 year period*

*Implied Growth calculated using Newton-Rhapson method.