WASHINGTON D.C. M&A ACTIVITY SNAPSHOTS 2002-2006

US M&A Global M&A

Year Deal Count Volume (Millions) Year Deal Count Volume (Millions) 2006 11296 $ 1,776,292.75 2006 27912 $ 3,679,516.00 2005 10348 $ 1,297,140.12 2005 24526 $ 2,627,013.25 2004 9716 $ 971,593.81 2004 22102 $ 1,914,663.25 2003 8109 $ 627,724.56 2003 19353 $ 1,221,885.25 2002 7316 $ 528,825.06 2002 18557 $ 1,130,339.12

D.C. M&A - General* D.C. Private Equity Deals*

Year Deal Count Volume (Millions) Year Deal Count Volume (Millions) 2006 174 $ 83,927.33 2006 74 $ 75,883.12 2005 184 $ 23,639.45 2005 32 $ 14,385.54 2004 121 $ 7,729.28 2004 16 $ 3,430.96 2003 85 $ 5,378.20 2003 8 $ 372.30 2002 59 $ 2,996.22 2002 2 $ 326.83 * Any involvement: includes deals with either target, acquirer * Any involvement: includes deals with either target, acquirer or or seller headquartered in the state. seller headquartered in the state.

2006 Active Industries - D.C.

Industry Deal Count Volume (mil) Financial 11 $ 5,671.12 Consumer, Cyclica 10 $ 573.40 Consumer, Non-cy 10 $ 138.00 Industrial 2 $ 110.00 Communications 7 $ 8.00 * Target Only: Includes deals in which target is headquartered in the state Top 5 Deals 2006 - US * Any Involvement Announced Total Value Rank Date (mil.) Target Name Acquirer Name 1 3/ 5/06 $ 83,105.46 BELLSOUTH CORP AT&T INC 2 11/20/2006 $ 32,500.31 EQUITY OFFICE PROPERTIES TRUST BLACKSTONE GROUP 3 7/24/06 $ 32,193.46 HCA INC CONSORTIUM* 4 5/29/06 $ 27,449.73 KINDER MORGAN INC Knight Holdco LLC** 5 10/2/2006 $ 27,159.94 HARRAH'S ENTERTAINMENT INC CONSORTIUM*** * Bain Capital LLC, Kohlberg Kravis Robert, Merrill Lynch & Co Inc ** Goldman Sachs Group Inc, American International Group Inc, The Caryle Group, LLC, Management Group *** Apollo Management LP, Pacific Group

2006 TOP 5 DEALS - WASHINGTON D.C. * Any Involvement Announced Total Value Rank Date (mil.) Target Name Acquirer Name 1 5/29/06 $ 27,449.73 KINDER MORGAN INC Knight Holdco LLC* 2 9/15/06 $ 16,222.22 Firestone Holdings LLC** 3 11/24/06 $ 5,224.77 ADVANCED SEMICONDUCTOR ENGR CONSORTIUM*** 4 3/ 6/06 $ 4,518.43 CARRAMERICA REALTY CORP BLACKSTONE GROUP 5 8/ 6/06 $ 3,313.76 AVIO HOLDING SPA CINVEN LTD * Goldman Sachs Group Inc, American International Group Inc, The Caryle Group, Riverstone Holdings LLC, Management Group ** Blackstone Group, Carlyle Groupe, Permira Holdings, Texas Pacific Group *** ASE Enterprises Ltd, Carlyle Group WASHINGTON D.C. - 2005 DEALS

Announced Announce Total Value Date Target Name Acquirer Name Seller Name (mil.) Payment Type 9/12/05 HERTZ CORP - CLASS A MULTIPLE ACQUIRERS FORD MOTOR CO $ 5,600.00 Cash 12/12/05 DUNKIN BRANDS INC MULTIPLE ACQUIRERS PERNOD-RICARD SA $ 2,425.00 Cash 6/20/05 PROPERTY AND LAND ASSETS CARLYLE GROUP/THE $ 1,760.00 Cash 5/ 3/05 CMBS & CDO PORTFOLIO CAISSE DE DEPOT ET PLACEMENTALLIED CAPITAL CORP $ 976.00 Cash 12/19/05 TAIWAN BROADBAND COMM CO LTD MACQUARIE BANK LIMITED CARLYLE GROUP/THE $ 881.29 Cash 6/20/05 3 APARTMENT BUILDINGS/NYC EQUITY RESIDENTIAL CARLYLE GROUP/THE $ 816.00 Cash 7/28/05 SS&C TECHNOLOGIES INC SUNSHINE ACQUISITION CORP $ 800.54 Cash 5/26/05 HANLEY-WOOD LLC MULTIPLE ACQUIRERS VERONIS SUHLER STEVENS $ 650.00 Cash 10/ 3/05 CLASS A OFFICE PORTFOLIO MORGAN STANLEY *MISTAKE(JBG COS) $ 644.00 Cash 7/ 1/05 LEICA MICROSYSTEMS AG DANAHER CORP LM INVESTMENTS SARL $ 543.16 Undisclosed 6/ 6/05 GSA PORTFOLIO RUBICON AMERICA TRUST $ 484.94 Cash 9/ 5/05 BRITAX CHILDCARE PLC CARLYLE GROUP/THE BRITAX INTERNATIONAL PLC$ 423.76 Undisclosed 12/19/05 CHINA PACIFIC INSURANCE CO CARLYLE GROUP/THE $ 410.08 Cash 1/18/05 WATSON WYATT LLP WATSON WYATT WORLDWIDE INC-A $ 402.34 Cash and Stock 8/25/05 PANOLAM INDUSTRIES INTL MULTIPLE ACQUIRERS CARLYLE GROUP/THE $ 375.00 Cash 11/ 3/05 AXLETECH INTERNATIONAL CARLYLE GROUP/THE $ 335.00 Cash 12/27/05 WARNER BUILDING VORNADO REALTY TRUST $ 319.00 Cash 7/ 1/05 MARRIOTT WARDMAN PARK MULTIPLE ACQUIRERS THAYER LODGING GROUP $ 300.00 Cash 9/ 1/05 HYATT REGENCY WASHINGTON DC HOST HOTELS & RESORTS INC $ 274.00 Cash 7/21/05 H STREET BUILDING CORP VORNADO REALTY TRUST $ 246.60 Cash 5/ 5/05 701 13TH STREET ING GROEP NV-CVA $ 238.61 Cash 3/31/05 REAL ESTATE PROPERTY/MONTROUGCARLYLE GROUP/THE SCHLUMBERGER LTD $ 226.00 Cash 7/14/05 WASHINGTON ANALYSIS LLC XINHUA FINANCE LTD $ 224.24 Cash and Stock 10/25/05 XUGONG GROUP CONSTRUCTION MACARLYLE GROUP/THE XUZHOU CONSTRUCTION M $ 222.49 Undisclosed 9/ 6/05 CHEVY CHASE PAVILION ING GROEP NV-CVA LOWE ENTERPRISES $ 215.00 Cash 4/28/05 1200 K STREET NW/DC TRIZEC PROPERTIES INC $ 190.00 Cash 1/24/05 ASAHI SECURITY CO LTD TOYOTA INDUSTRIES CORP CARLYLE GROUP/THE $ 189.88 Undisclosed 10/12/05 WEBCT EDUCATIONAL TECHNOLOGI BLACKBOARD INC $ 178.00 Cash 11/16/05 KEYSTONE & CONEMAUGH GENERAT DUQUESNE LIGHT HOLDINGS INC PEPCO HOLDINGS INC $ 173.10 Cash 5/26/05 RENAISSANCE WASHINGTON SUNSTONE HOTEL INVESTORS INC $ 160.00 Cash 7/11/05 NORWESCO INC ALLIED CAPITAL CORP NORWEST EQUITY PARTNER$ 160.00 Cash 11/ 1/05 VICTOR BUILDING/WASHINGTON DC PRINCIPAL FINANCIAL GROUP $ 157.50 Cash 6/16/05 MEINEKE CAR CARE CENTERS INC ALLIED CAPITAL CORP $ 127.00 Undisclosed 11/21/05 OMIYA CENTER SBS HOLDINGS INC CARLYLE GROUP/THE $ 125.94 Cash 11/15/05 TYSONS INTERNATIONAL PLAZA/VA CARRAMERICA REALTY CORP $ 123.10 Cash 6/ 3/05 BOWEN BUILDING VORNADO REALTY TRUST $ 119.00 Cash 7/11/05 INMEDIA COMMUNICATIONS LTD MACQUARIE COMMUNICATIONS INCARLYLE GROUP/THE $ 118.76 Cash 4/11/05 HOMER BUILDING/THE ING OFFICE FUND $ 108.49 Cash 4/29/05 ROADRUNNER FREIGHT SYSTEMS THAYER CAPITAL L.P. $ 90.00 Cash 9/20/05 LAKESIDE COMPLEX/LOUDOUN TECH TISHMAN SPEYER OFFICE FUND $ 88.75 Cash 10/10/05 WATERGATE OFFICE BUILDING UNNAMED BUYER TRIZEC PROPERTIES INC $ 86.50 Cash 6/20/05 PELTON & CRANE DANAHER CORP $ 85.00 Cash 7/15/05 BARLOW BUILDING/THE COLUMBIA EQUITY TRUST INC $ 81.00 Cash 9/ 6/05 FARRAGUT BUILDING ING GROEP NV-CVA $ 73.63 Cash 11/21/05 COMPETITION POLICY ASSOCIATE FTI CONSULTING INC $ 70.00 Cash and Stock 2/28/05 NCRIC GROUP INC PROASSURANCE CORP $ 66.46 Stock 9/ 1/05 HEALTHY PET CORP ALLIED CAPITAL CORP $ 64.40 Stock & Debt 9/28/05 HOMER BUILDING/THE ING OFFICE FUND $ 62.75 Cash 12/ 2/05 VISUAL NETWORKS INC DANAHER CORP $ 62.22 Cash 8/18/05 PARK PLACE CARRAMERICA REALTY CORP $ 61.70 Cash 9/19/05 SHERATON MEADOWLANDS HOTEL & BUCCINI POLLIN GROUP INC/THE $ 54.00 Cash 8/ 3/05 313 & 323 FAIRCHILD DR CARRAMERICA REALTY CORP $ 53.60 Cash 9/26/05 NP AEROSPACE LTD CARLYLE GROUP/THE REINHOLD INDUSTRIES INC- $ 53.26 Cash 12/ 7/05 CHURCHILL HOTEL HIGHLAND HOSPITALITY CORP $ 48.75 Cash 8/10/05 ST REGIS HOTEL/THE JOINT VENTURE STARWOOD HOTELS & RESO$ 47.00 Cash 12/26/05 2 CLASS A OFFICE/R&D BUILDING CARRAMERICA REALTY CORP $ 45.50 Cash 3/ 2/05 NEW HOPE INVESTMENT CO LTD INTL BANK RECON & DEV SICHUAN NEW HOPE AGRIB $ 45.00 Cash 11/28/05 HOLIDAY INN DOWNTOWN LASALLE HOTEL PROPERTIES $ 44.60 Cash 12/ 7/05 TRIBECA LEARNING LTD WASHINGTON POST -CL B $ 41.49 Cash 5/ 5/05 919 18TH STREET ING GROEP NV-CVA $ 40.02 Cash 2/28/05 WALL STREET INSTITUTE INTERNATIOCARLYLE GROUP/THE LAUREATE EDUCATION INC $ 40.00 Cash 1/30/05 RIGGS BANK & TRUST CO LTD BANK LEUMI LE-ISRAEL RIGGS NATL CORP WASH D $ 37.00 Undisclosed 8/23/05 WEST WILLOWS TECHNOLOGY CENTECARRAMERICA REALTY CORP $ 35.60 Cash 9/29/05 PARK PLAZA II COLUMBIA EQUITY TRUST INC $ 35.00 Cash 12/ 6/05 1025 VERMONT AVENUE COLUMBIA EQUITY TRUST INC $ 34.30 Cash 2/14/05 GROUP LIFE & ACCIDENT POLICIES HARTFORD FINANCIAL SVCS GRP ULLICO INC $ 29.00 Cash 6/ 6/05 ROADRUNNER DAWES INC AMERICAN CAPITAL STRATEGIES THAYER CAPITAL L.P. $ 28.00 Cash 12/ 6/05 ELV PORTFOLIO COLUMBIA EQUITY TRUST INC $ 26.90 Cash 5/ 6/05 ULICO INDEMNITY CO. DARWIN NATIONAL ASSURANCE C ULICO CASUALTY CO. $ 25.30 Cash 8/18/05 INFORMEX UNITED BUSINESS MEDIA PLC SYNTHETIC ORGANIC CHEM $ 24.00 Undisclosed 8/23/05 14700 LEE ROAD COLUMBIA EQUITY TRUST INC $ 23.95 Cash 8/17/05 PORTFOLIO OF MARYLAND MEDICAL ASSET CAPITAL CORP INC $ 23.70 Cash 1/13/05 105-SUITE DOUBLETREE INNKEEPERS USA TRUST $ 23.00 Cash 3/ 7/05 VIRTUAL ALERT INC GLOBAL SECURE CORP $ 20.00 Cash and Stock 9/19/05 POWER PLANT/WASHINGTON D.C. LONGVIEW GENERATION LLC MIRANT CORP-OLD $ 17.20 Cash 12/12/05 OAKTON CORPORATE CENTER COLUMBIA EQUITY TRUST INC $ 16.00 Cash 8/ 4/05 EXECUTIVE TOWER OFFICE BUILDINGASSET CAPITAL CORP INC $ 15.40 Cash 7/13/05 COMMERCIAL BUSINESS INSTITUTIONAL SHAREHOLDER SEINVESTOR RESPONSIBILITY $ 15.00 Cash 12/ 6/05 PATRICK HENRY CORPORATE CENTE COLUMBIA EQUITY TRUST INC $ 14.50 Cash 8/17/05 84 RESTAURANTS PJCOMN ACQUISITION CORP PAPA JOHN'S INTL INC $ 12.00 Cash 4/21/05 VMC SATELLITE INC INPHONIC INC $ 9.40 Cash and Stock 11/29/05 HOLBORN COLLEGE WASHINGTON POST -CL B $ 8.25 Cash 4/ 4/05 GATEWAY DISTRIBUTION CENTER MACQUARIE PROLOGIS TRUST $ 6.98 Cash 9/19/05 CYIOS CORP CYIOS CORP $ 6.21 Stock 11/21/05 DKK TOA CORP DANAHER CORP $ 5.00 Cash 9/ 7/05 CENTURY SOUTH OFFICE BUILDING ASSET CAPITAL CORP INC $ 4.50 Cash 5/26/05 CAMPUS OUTFITTERS LLC VARSITY GROUP INC $ 3.75 Cash and Stock 5/31/05 VRB TECHNOLOGY VRB POWER SYSTEMS INC RELIABLE POWER INC $ 3.00 Cash and Stock 10/24/05 TIMARRON CAPITAL INC NORTHSTAR REALTY FINANCE CO ALLIED CAPITAL CORP $ 2.60 Cash 2/10/05 CONS BK & TR/RICHMOND VA ABIGAIL ADAMS NATL BANCORP $ 2.55 Stock 9/ 7/05 PLAZA 270 OFFICE COMPLEX ASSET CAPITAL CORP INC $ 1.00 Cash 2/16/05 DBSXMEDIA INC ARIEL WAY INC $ 0.50 Cash and Stock 3/ 2/05 GLOBAL DEFENSE CORP ONCOLOGY MED INC $ 0.40 Cash and Debt 8/31/05 MOBILITY INC REVOLUTION LLC N/A Undisclosed 6/20/05 PROPERTY/HAWTHORNE MS KARNY NORTHROP AVENUE LLCARLYLE GROUP/THE N/A Undisclosed 4/21/05 DYNARAND INC UNITED BIOSOURCE CORP N/A Undisclosed 9/ 5/05 GRUPO SAPROGAL CARTERA HOTELERA SA CARLYLE GROUP/THE N/A Undisclosed 6/ 2/05 EMIND LLC WASHINGTON POST -CL B N/A Undisclosed 9/12/05 FEDERALIST GROUP LLC WPP GROUP PLC N/A Undisclosed 6/ 7/05 SOUTHWEST HEALTH CENTER INST WASHINGTON POST -CL B N/A Undisclosed 9/13/05 REAL ESTATE MORTGAGE LOANS GE COMMERCIAL FINANCE TRUSTREET PROPERTIES IN N/A Undisclosed 5/17/05 ASIA PACIFIC MANAGEMENT INST WASHINGTON POST -CL B N/A Undisclosed 7/21/05 GLOBAL SECURITIES INFORMATIO THOMSON CORP N/A Undisclosed 5/11/05 COLIN MEDICAL TECHNOLOGY COR OMRON CORP CARLYLE GROUP/THE N/A Undisclosed 4/22/05 PLATFORM ASSETS CWCAPITAL INVESTMENT MANAGEALLIED CAPITAL COMMERCI N/A Undisclosed 5/ 3/05 REAL ESTATE SCHOOL/THE WASHINGTON POST -CL B N/A Undisclosed 9/21/05 UNIVERSIDAD LATINOAMERICANA SC CARLYLE GROUP/THE N/A Undisclosed 5/25/05 1110 VERMONT AVENUE GENERAL MOTORS CORP N/A Undisclosed 4/27/05 COLONNADE I II & III CARRAMERICA REALTY CORP N/A Undisclosed 9/26/05 SEMICONDUCTOR EQUIPMENT DIVISI GOLDEN GATE CAPITAL CORP DANAHER CORP N/A Undisclosed 9/26/05 INFRARED SOLUTIONS DANAHER CORP N/A Undisclosed 4/19/05 TOUCHSTONE CONSULTING GROUP SRA INTERNATIONAL INC-CL A N/A Cash 4/ 7/05 CAMECA CARLYLE GROUP/THE N/A Cash 10/ 5/05 MYDNA MEDIA INC REVOLUTION HEALTH GROUP N/A Undisclosed 10/ 5/05 SIMO SOFTWARE INC REVOLUTION HEALTH GROUP N/A Undisclosed 10/ 5/05 EXTEND BENEFITS LLC REVOLUTION HEALTH GROUP N/A Undisclosed 5/ 2/05 NATIONAL SAFE SCHOOLS INC GRAYSTONE PARK ENTERPRISES I N/A Undisclosed 10/ 5/05 INTERFIT HEALTH REVOLUTION HEALTH GROUP N/A Undisclosed 10/ 5/05 CONNECTYOURCARE INC REVOLUTION HEALTH GROUP N/A Undisclosed 10/ 6/05 DAVIS CONDER ENDERLE & SLOAN WATSON WYATT WORLDWIDE INC-A N/A Undisclosed 4/11/05 EMERSON STRATEGIC GROUP TRUARX N/A Undisclosed 4/ 7/05 BISYS EDUCATION SERVICES WASHINGTON POST -CL B BISYS GROUP INC/THE N/A Undisclosed 10/17/05 STAFFWISE LEGAL ADECCO SA-REG N/A Undisclosed 10/24/05 ASSETS VAYA INPHONIC INC N/A Undisclosed 10/26/05 CERTAIN ASSETS REDROCK REPORTS LLC SCHOOL FUNDING SERVICE N/A Cash 10/31/05 2131 K STREET JOSS REALTY PARTNERS N/A Cash 10/ 5/05 WONDIR INC REVOLUTION HEALTH GROUP N/A Undisclosed 3/23/05 BELLOMO-MCGEE INC VANASSE HANGEN BRUSTLIN INC N/A Undisclosed 3/ 3/05 STANFORD WASHINGTON RESEARCHSTANFORD FINANCIAL GROUP CO N/A Undisclosed 11/ 7/05 MARITIME PLAZA I & II MULTIPLE ACQUIRERS BERNSTEIN COS N/A Cash 11/ 8/05 TRACENTRIX INC RUESCH INTERNATIONAL INC N/A Undisclosed 11/15/05 CANYON CORPORATE PLAZA I & II NORTHRIDGE CAPITAL LLC N/A Cash 3/31/05 AZURE CREEK NORTHRIDGE CAPITAL LLC N/A Cash 11/16/05 CLASS A OFFICE BUILDING BEHRINGER HARVARD REIT I INC N/A Cash 3/ 1/05 INTELLIBRIDGE CORP EURASIA GROUP N/A Undisclosed 10/31/05 COMMERCIAL & RESIDENTIAL PPTY CARLYLE GROUP/THE GRUPO URCONSA N/A Cash 11/18/05 UNI BORING CO INC MULTIPLE ACQUIRERS N/A Cash 2/23/05 FLORIMEX INTERNATIONAL BV BENCIS CAPITAL PARTNERS ACON INVESTMENTS N/A Undisclosed 10/31/05 1776 AVENUE JOSS REALTY PARTNERS N/A Cash 2/ 9/05 SHAW PITTMAN LLP PILLSBURY WINTHROP SHAW PITT N/A Undisclosed 12/ 5/05 AB MULTIPLE ACQUIRERS INVESTOR AB-B SHS N/A Cash 12/ 5/05 DITTUS COMMUNICATIONS FINANCIAL DYNAMICS N/A Undisclosed 2/ 7/05 FIDUCIANET INC NEUSTAR INC-CLASS A N/A Undisclosed 2/ 3/05 ANDOVER COLLEGE WASHINGTON POST -CL B N/A Undisclosed 2/ 1/05 SYNERGY INC NEXUS ENERGY SOFTWARE N/A Undisclosed 1/31/05 MEC HOLDING GMBH MESSER INDUSTRIE GMBH CARLYLE GROUP/THE N/A Undisclosed 12/ 8/05 SWIDLER BERLIN SHEREFF ET AL BINGHAM MCCUTCHEN LLP N/A Undisclosed 1/25/05 LABORATORIOS KENDRICK SA DARBY OVERSEAS INVESTMENTS N/A Undisclosed 12/15/05 FORETEC SEMINARS INC NEUSTAR INC-CLASS A CORP FOR NATIONAL REAS N/A Undisclosed 1/20/05 FUTURES GROUP INC CONSTELLA GROUP INC N/A Undisclosed 7/19/05 JASON FOUNDATION FOR EDUCATI NATIONAL GEOGRAPHIC SOCIETY N/A Undisclosed 1/14/05 MAHON COMMUNICATIONS CORP COMM WORKS INC COMPEL HOLDINGS INC N/A Undisclosed 1/14/05 FORTRAN COMMUNICATIONS INC COMM WORKS INC COMPEL HOLDINGS INC N/A Undisclosed 6/ 3/05 QUADEL CONSULTING THAYER CAPITAL L.P. N/A Cash 1/ 4/05 INSIGHT PHARMACEUTICALS CORP ALLIED CAPITAL CORP N/A Cash 10/14/05 BRITAX CHILDCARE PLC CARLYLE GROUP/THE N/A Cash 1/ 7/05 PROFESSIONAL CAREERS INSTITU WASHINGTON POST -CL B N/A Undisclosed 3/ 9/05 UNION SQUARE JPMORGAN CHASE & CO N/A Cash 6/27/05 ASSET MANAGEMENT INC CHEVY CHASE TRUST CO N/A Undisclosed 1/ 3/05 ISSUE DYNAMICS INC GETACTIVE SOFTWARE INC N/A Undisclosed 4/20/05 KILLIAN CAPITAL MANAGEMENT L ASB CAPITAL MANAGEMENT INC N/A Undisclosed 10/ 7/05 SENIOR LIVING PROPERTY PETERSEN HEALTH CARE III LLC SENIOR LIVING PARTNERS L N/A Cash 9/ 6/05 ASP SERVICES E4E INC EUCLID INC N/A Cash 1/ 6/05 CONGRESSIONAL GREEN SHEETS I CONGRESSIONAL QUARTERLY INC N/A Stock 1/ 3/05 JUDGEMENT PORTFOLIO PUN COLLECTIONS LLC NATIONAL CREDITOR CORP N/A Undisclosed 7/21/05 LIFECARE HOLDINGS INC CARLYLE GROUP/THE GTCR GOLDER RAUNER LLC N/A Cash 7/25/05 PRODUCTION GROUP INTERNATION TBA GLOBAL EVENTS N/A Undisclosed 7/18/05 SOFTWARE TRAINING TECHNOLOGY WASHINGTON POST -CL B N/A Undisclosed 8/ 3/05 KIDUM GROUP/THE WASHINGTON POST -CL B N/A Undisclosed 7/ 8/05 COMPUSEARCH SOFTWARE SYSTEMSTCG VENTURES LLC N/A Undisclosed 7/13/05 WHOLESALE411 LIQUIDITY SERVICES INC N/A Undisclosed 8/17/05 SELECTED ASSETS VERITAS CAPITAL FUND MZM INC N/A Undisclosed 8/22/05 IT-WIRELESS NEWSLETTER FIERCEMARKETS INC EMERGE MEDIA INC N/A Undisclosed 8/10/05 SECUGRAPHICS USA CTR INVESTMENTS & CONSULTING N/A Undisclosed 8/22/05 SHIONOGI QUALICAPS CO LTD CARLYLE GROUP/THE SHIONOGI & CO LTD N/A Cash 8/22/05 SHIONOGI EUROPE BV CARLYLE GROUP/THE SHIONOGI & CO LTD N/A Undisclosed 8/22/05 SHIONOGI QUALICAPS SA CARLYLE GROUP/THE SHIONOGI & CO LTD N/A Undisclosed 8/19/05 WATSON WYATT NEW ZEALAND LTD MARSH & MCLENNAN COS WATSON WYATT WORLDWIDN/A Stock 6/24/05 GLOBALOPTIONS INC GLOBALOPTIONS GROUP INC N/A Stock 3/18/05 TELEVISION & RADIO STATION ASSETREVOLUTION LLC WISDOM MEDIA HOLDINGS I N/A Undisclosed 8/23/05 PHATNOISE INC HARMAN INTERNATIONAL N/A Undisclosed 8/22/05 SHIONOGI QUALICAPS INC CARLYLE GROUP/THE SHIONOGI & CO LTD N/A Undisclosed 7/ 5/05 BELDEN & BLAKE CORP ENERVEST MANAGEMENT PARTNECARLYLE GROUP/THE N/A Undisclosed 1/18/05 EFFANEL MUSIC INC XM SATELLITE RADIO HOLD-CL A N/A Undisclosed WASHINGTON D.C. - 2006 DEALS

Announced Deal Announce Total Value Type Date Target Name Acquirer Name Seller Name (mil.) Payment Type ACQ 5/29/06 KINDER MORGAN INC Knight Holdco LLC $ 27,449.73 Cash ACQ 9/15/06 FREESCALE SEMICONDUCTOR-A Firestone Holdings LLC $ 16,222.22 Cash ACQ 11/24/06 ADVANCED SEMICONDUCTOR ENGR MULTIPLE ACQUIRERS $ 5,224.77 Cash ACQ 3/ 6/06 CARRAMERICA REALTY CORP BLACKSTONE GROUP $ 4,518.43 Cash DIV 8/ 6/06 AVIO HOLDING SPA CINVEN LTD MULTIPLE SELLERS $ 3,313.76 Cash DIV 7/18/06 CASEMA NV MULTIPLE ACQUIRERS MULTIPLE SELLERS $ 2,623.95 Cash ACQ 4/12/06 SYBRON DENTAL SPECIALTIES DANAHER CORP $ 1,977.06 Cash DIV 5/25/06 REXNORD CORP APOLLO MANAGEMENT LP CARLYLE GROUP/THE $ 1,825.00 Cash DIV 2/13/06 100 HOTELS RLJ DEVELOPMENT LLC WHITE LODGING SERVICES CORP $ 1,700.00 Cash DIV 11/23/06 HC STARCK GMBH MULTIPLE ACQUIRERS BAYER AG $ 1,554.18 Cash DIV 3/ 6/06 GAS STORAGE BUSINESS MULTIPLE ACQUIRERS ENCANA CORP $ 1,500.00 Cash ACQ 10/25/06 ATLAS TUBE INC CARLYLE GROUP/THE $ 1,500.00 Cash ACQ 7/ 6/06 EASTERN MULTIMEDIA CO CARLYLE GROUP/THE $ 1,466.53 Undisclosed ACQ 10/16/06 OPEN SOLUTIONS INC MULTIPLE ACQUIRERS $ 1,271.39 Cash DIV 5/16/06 GRUPO EMISOR IBEROSTAR CARLYLE GROUP/THE IBEROSTAR GROUP $ 1,154.20 Cash DIV 6/13/06 ORIENTAL TRADING CO CARLYLE GROUP/THE BRENTWOOD ASSOCIATES $ 1,100.00 Cash DIV 3/ 2/06 ADVANTAGE SALES & MARKETING MULTIPLE ACQUIRERS ALLIED CAPITAL CORP $ 1,050.00 Cash and Debt ACQ 10/31/06 TOSHIBA CERAMICS CO LTD SIC Investment $ 953.39 Cash DIV 9/27/06 AVANTEL SA AXTEL SA DE CV - CPO MCI COMMUNICATIONS $ 500.00 Cash and Debt DIV 4/ 5/06 UPC SVERIGE AB MULTIPLE ACQUIRERS LIBERTY GLOBAL INC-A $ 429.40 Cash ACQ 10/ 9/06 VISION SYSTEMS LIMITED DANAHER CORP $ 385.78 Cash ACQ 11/ 6/06 COLUMBIA EQUITY TRUST INC JPMORGAN CHASE & CO $ 350.56 Cash DIV 8/29/06 OFFSHORE PORTFOLIO & SOUTH LOUISIACARLYLE GROUP/THE CABOT OIL & GAS CORP $ 340.00 Cash DIV 4/25/06 DR PEPPER/SEVEN UP BOTTLING CADBURY SCHWEPPES PLC CARLYLE GROUP/THE $ 334.00 Cash ACQ 1/ 6/06 WATER PIK TECHNOLOGIES INC COAST ACQUISITION CORP $ 328.97 Cash ACQ 1/19/06 OTOR CARLYLE GROUP/THE $ 320.28 Cash DIV 11/ 3/06 COLMORE PLAZA/BIRMINGHAM CARLYLE GROUP/THE ABSTRACT LAND LTD $ 285.02 Cash DIV 1/31/06 OFFICE BUILDING SOMERSET PARTNERS LLC STARWOOD REAL ESTATE GROUP $ 250.00 Cash DIV 2/15/06 OFFICE PPTY/PENTAGON CITY BROOKFIELD PROPERTIES CORP NATIONAL RETAIL PROPERTIES $ 235.43 Cash DIV 7/27/06 4 HOTEL PPTYS/CA INNKEEPERS USA TRUST RLJ DEVELOPMENT LLC $ 215.00 Cash DIV 9/14/06 POTOMAC CENTER SOUTH GENERAL ELECTRIC CO MORGAN STANLEY $ 189.70 Cash DIV 4/17/06 SUNSOURCE INC CODE HENNESSY & SIMMONS LLC ALLIED CAPITAL CORP $ 180.00 Cash ACQ 10/ 9/06 HYUNDAI COMMUNICATIONS NETWO CARLYLE GROUP/THE $ 166.00 Cash DIV 12/21/06 46 BRANCHES MULTIPLE ACQUIRERS BANQUE DE FRANCE $ 157.90 Cash DIV 3/21/06 VALMY OFFICE BUILDING/PARIS GECINA SA CARLYLE GROUP/THE $ 157.14 Cash DIV 3/15/06 GAKUSEI ENGO KAI CO LTD USEN CORP CARLYLE GROUP/THE $ 153.35 Cash DIV 10/ 9/06 BRAHMS QUARTIER DEVELOPMENT CARLYLE GROUP/THE AUG. PRIEN BAUNTERNEHMUNG GM$ 151.17 Cash DIV 2/ 3/06 3 HOTELS PYRAMID ADVISORS LLC STARWOOD HOTELS & RESORTS $ 146.00 Cash DIV 7/25/06 THOMPSON PUBLISHING HOLDING AVISTA CAPITAL PARTNERS CREDIT SUISSE GROUP-REG $ 130.00 Cash ACQ 12/21/06 CHONGQING CITY COMMERICAL MULTIPLE ACQUIRERS $ 129.21 Cash DIV 9/29/06 799 NINTH STREET UNNAMED BUYER BLUE CAPITAL INVESTMENTS INC $ 127.00 Cash ACQ 1/30/06 ENTITIES OWNED BY GM PENSION PLAN MONUMENT REALTY LLC $ 126.00 Cash ACQ 12/21/06 HUDDLE HOUSE INC ALLIED CAPITAL CORP $ 124.10 Cash DIV 1/12/06 18 FACILITIES BROOKDALE SENIOR LIVING INC AMERICAN SENIOR LIVING LP $ 124.00 Cash DIV 11/ 6/06 ACIS CARLYLE GROUP/THE INFLEXION PRIVATE EQUITY LLP $ 117.62 Cash DIV 2/18/06 3 BUILDINGS/WASHINGTON DC VORNADO REALTY TRUST BUREAU OF NATIONAL AFFAIRS-A $ 111.00 Cash DIV 4/ 3/06 PPTY PORTFOLIO/ITALY CARLYLE GROUP/THE REALE MUTUA DI ASSICURAZIONI $ 110.34 Cash ACQ 9/19/06 AEROSPACE MANUFACTURING TECH SENIOR PLC $ 110.00 Cash ACQ 2/24/06 CHEMPRO INC ALLIED CAPITAL CORP $ 99.20 Cash ACQ 1/20/06 FIRST TECHNOLOGY PLC DANAHER CORP $ 85.91 Cash ACQ 3/ 8/06 MELROSE HOTEL HIGHLAND HOSPITALITY CORP $ 76.00 Cash DIV 1/ 9/06 26 HEALTH CLUBS AND 3 DAY SPAS REAL ESTATE GROUP SPORT & HEALTH CO/THE $ 75.00 Cash DIV 5/25/06 WILLOWWOOD I & II REPUBLIC PROPERTY TRUST SMII FAIRFAX LLC $ 66.00 Cash DIV 2/10/06 CASSINA PLAZA JPMORGAN CHASE & CO CARLYLE GROUP/THE $ 61.37 Cash ACQ 1/ 6/06 CASEY FAMILY BUILDING CARRAMERICA REALTY CORP $ 52.00 Cash DIV 4/12/06 PPTY PORTFOLIO/BOLOGNA GABETTI SPA CARLYLE GROUP/THE $ 51.50 Cash DIV 8/ 7/06 DULLES PARK TECHNOLOGY CENTER REPUBLIC PROPERTY TRUST MASSMUTUAL FINANCIAL GROUP $ 48.30 Cash DIV 12/ 1/06 FLEXIBLE LAMPS BUSINESS TRUCK-LITE COMPANY INC CARLYLE GROUP/THE $ 39.00 Cash ACQ 12/ 6/06 MAP NETWORK/THE NAVTEQ CORP $ 37.50 Cash DIV 5/ 1/06 STS OPERATING INC CODE HENNESSY & SIMMONS LLC ALLIED CAPITAL CORP $ 30.00 Debt ACQ 5/11/06 SHANGHAI ANXIN FLOORING CO CARLYLE GROUP/THE $ 27.50 Cash DIV 12/ 1/06 MIRAVAL HOLDING LLC REVOLUTION RESORTS LLC TRIOD LLC $ 26.90 Cash ACQ 9/12/06 101 ORCHARD RIDGE DRIVE COLUMBIA EQUITY TRUST INC $ 26.70 Cash ACQ 3/10/06 CREDIT ORIENWISE GROUP LTD CARLYLE GROUP/THE $ 25.00 Cash DIV 5/18/06 BROOKFIELD APARTMENTS BONAVENTURE REALTY GROUP SL NUSBAUM REALTY CO $ 24.00 Cash ACQ 10/ 2/06 GEORGETOWN PLAZA OFFICE Joint Venture $ 23.00 Cash DIV 2/27/06 FLORIDA TILE INTERNATIONAL I PANARIAGROUP INDUSTRIE CERA MILESTONE MERCHANT PARTNERS $ 22.00 Cash ACQ 11/21/06 TIME SHARE ADVERTISING AND CARLYLE GROUP/THE $ 20.00 Cash DIV 3/16/06 1741 BUSINESS CENTER DR COLUMBIA EQUITY TRUST INC ARMADA/HOFFLER INVESTMENT PR $ 18.98 Cash DIV 8/17/06 B.L. GENERATING STATION ROCKLAND CAPITAL ENERGY INVE PEPCO HOLDINGS INC $ 12.20 Cash ACQ 4/26/06 101 ORCHARD RIDGE DR COLUMBIA EQUITY TRUST INC $ 11.94 Stock ACQ 7/12/06 RICHARDSON-WAYLAND ELECTRICA ARGOS UTILITIES CORP $ 11.00 Cash DIV 1/13/06 3553 NORTH FIRST STREET CARRAMERICA REALTY CORP NETIQ CORP $ 10.30 Cash ACQ 8/30/06 STR INC/CA LIQUIDITY SERVICES INC $ 8.50 Cash ACQ 1/18/06 JAMES LEE WITT ASSOCIATES LL GLOBALOPTIONS GROUP INC $ 8.00 Cash and Stock ACQ 5/19/06 MDLINX INC SO-NET M3 INC $ 8.00 Cash DIV 8/ 4/06 DULLES INTERNATIONAL AIRPORT HANG METRO WASH AIRPORTS AUTH FLYI INC $ 7.60 Cash ACQ 11/15/06 OCIMUM BIOSOLUTIONS INTL FINANCE CORP $ 6.50 Cash ACQ 12/23/06 AMALGAMATED BEAN COFFEE TRAD INTL FINANCE CORP $ 5.00 Cash DIV 9/19/06 TRIBECA LEARNING LTD AGENCY TRAINING AUSTRALIA WASHINGTON POST -CL B $ 3.01 Cash ACQ 9/ 5/06 ZOOLOGIC INC SUNSHINE ACQUISITION CORP $ 2.50 Cash ACQ 7/27/06 ALLSEC TECHNOLOGIES LIMITED CARLYLE GROUP/THE $ 2.35 Cash DIV 1/ 4/06 CERTAIN LIBERTY WIRELESS ASSETS TELEPLUS WORLD CORP INPHONIC INC $ 1.90 Cash ACQ 7/25/06 POLITICAL MONEY LINE CONGRESSIONAL QUARTERLY INC $ 1.80 Undisclosed DIV 5/ 1/06 IQ DIGITAL STUDIOS LLC VARSITY GROUP INC WHITE HAT VENTURES LLC $ 1.30 Cash ACQ 11/ 6/06 GLOVER PARK GROUP/THE SVOBODA COLLINS LLC N/A Cash DIV 10/ 2/06 HOTEL WASHINGTON DUBAI WORLD WESTBROOK PARTNERS LLC N/A Cash ACQ 12/22/06 DKK TOA CORP DANAHER CORP N/A Undisclosed ACQ 1/17/06 METAWORKS INC UNITED BIOSOURCE CORP N/A Undisclosed ACQ 1/17/06 HISPANIC TELESERVICES CORP CARLYLE GROUP/THE N/A Undisclosed ACQ 1/24/06 1129 20TH STREET JOSS REALTY PARTNERS N/A Cash DIV 1/24/06 ILEARN UNITED BIOSOURCE CORP IQ CONSULTANCY GROUP N/A Cash ACQ 1/25/06 CLIFFORD AGENCY KEPPLER SPEAKERS N/A Undisclosed DIV 1/31/06 STRATASOFT INC RESOURCE GROUP INTERNATIONAINX INC N/A Undisclosed DIV 2/ 9/06 IMO CAR WASH GROUP CARLYLE GROUP/THE JPMORGAN CHASE & CO N/A Cash ACQ 2/13/06 INTERNATIONAL IDENTIFICATION CTR INVESTMENTS & CONSULTING N/A Undisclosed DIV 2/15/06 CAMPAIGNS & ELECTIONS MAGAZINE POLITICAL WORLD COMMUNICATIOVOTENET SOLUTIONS INC N/A Cash ACQ 2/21/06 MULTIPLAN INC CARLYLE GROUP/THE N/A Undisclosed ACQ 2/23/06 HONG KONG PUTONGHUA VOCATIONAL SWASHINGTON POST -CL B N/A Undisclosed DIV 1/19/06 CLUTCH DIVISION CLUTCH AUTO LIMITED CARLYLE GROUP/THE N/A Cash ACQ 2/24/06 LITIGATION RESEARCH ASSOCIAT INFOFIRST LLC N/A Undisclosed ACQ 2/28/06 HAMPTON-BROWN CO/THE NATIONAL GEOGRAPHIC SOCIETY N/A Undisclosed ACQ 3/ 1/06 JOHN MANEELY CO CARLYLE GROUP/THE N/A Cash ACQ 3/16/06 UC4 SOFTWARE GMBH CARLYLE GROUP/THE N/A Cash ACQ 3/ 1/06 HARVARD DESIGN & MAPPING CO FIRST AMERICAN CORPORATION N/A Undisclosed ACQ 3/27/06 EUROPEAN BUSINESS SCHOOL DUB WASHINGTON POST -CL B N/A Undisclosed DIV 3/ 6/06 COMARK BUILDING SYSTEMS INC CARLYLE GROUP/THE BRAZOS PRIVATE EQUITY PARTNE N/A Cash DIV 3/20/06 34 BUILDINGS/FRANCE CARLYLE GROUP/THE BANQUE DE FRANCE N/A Cash ACQ 2/28/06 MARSH-MCBIRNEY DANAHER CORP N/A Undisclosed ACQ 3/27/06 GUNN METAL STAMPINGS CO THAYER CAPITAL L.P. N/A Cash DIV 4/ 3/06 COLIN MEDICAL INSTRUMENTS CO OMRON HEALTHCARE INC CARLYLE GROUP/THE N/A Undisclosed DIV 4/10/06 CORE COMMUNICATIONS CORP SWISSCOM AG-REG CORE CAPITAL PARTNERS LP N/A Undisclosed ACQ 4/10/06 TOWNHALL.COM SALEM COMMUNICATIONS -CL A N/A Undisclosed ACQ 4/12/06 SHERRY LANE PLACE TOWER CARRAMERICA REALTY CORP N/A Cash ACQ 4/12/06 RADISSON LOS ANGELES WESTSIDE CARLYLE GROUP/THE N/A Cash ACQ 4/17/06 COLLIER SHANNON SCOTT PLLC KELLEY DRYE & WARREN LLP N/A Undisclosed ACQ 2/28/06 PROGRAM MANAGEMENT ASSOCIATE BCF SOLUTIONS N/A Undisclosed DIV 4/25/06 COLUMBIA QUEEN AMBASSADORS INTERNATIONAL (GOVT OF) N/A Cash ACQ 5/ 1/06 ALEXANDER AND EDWARDS PUBLIS HANLEY-WOOD INC N/A Undisclosed ACQ 5/ 8/06 PAMA GROUP INC EMP GLOBAL LLC N/A Cash DIV 5/11/06 MARITIME TELECOMMUNICATIONS SEAMOBILE INC PERSEUS LLC N/A Undisclosed ACQ 5/17/06 LIGHTNINGCAST INC TIME WARNER INC N/A Undisclosed ACQ 5/18/06 TRANSICS NV CARLYLE GROUP/THE N/A Cash ACQ 5/19/06 FIRST LIBERTY BANCORP INC WASHINGTONFIRST BANK N/A Undisclosed ACQ 6/ 6/06 SPELLREAD WASHINGTON POST -CL B N/A Undisclosed ACQ 6/ 9/06 GLOBAL MEDIA GMBH CARLYLE GROUP/THE N/A Cash DIV 5/26/06 LESHAN SCANA MACHINERY LTD SCANA INDUSTRIER ASA INTL FINANCE CORP N/A Undisclosed DIV 6/23/06 MHF HOLDING CO ALLIED CAPITAL CORP BLUE POINT CAPITAL PARTNERS N/A Cash ACQ 6/28/06 MUSE & ASSOCIATES UNITED BIOSOURCE CORP N/A Undisclosed ACQ 7/ 5/06 BRIGGS & SANDS CONSULTING WATSON WYATT WORLDWIDE INC-A N/A Undisclosed ACQ 7/10/06 CANOPY DEVELOPMENT REVOLUTION LLC N/A Undisclosed ACQ 7/25/06 WESCO AIRCRAFT HARDWARE CORP CARLYLE GROUP/THE N/A Cash DIV 7/26/06 AZYXXI MICROSOFT CORP GENERAL DATOMICS N/A Cash DIV 8/ 3/06 STELLEX AEROSTRUCTURES INC GKN PLC CARLYLE GROUP/THE N/A Cash ACQ 8/ 3/06 RIPDIGITAL RIPTOPIA INC N/A Undisclosed DIV 7/28/06 DC AREA PORTFOLIO TISHMAN SPEYER PROPERTIES LP BLACKSTONE GROUP N/A Cash DIV 8/14/06 FRS DIVISION MULTIPLE ACQUIRERS S1 CORPORATION N/A Cash DIV 8/25/06 BET INTERACTIVE VIACOM INC-CLASS B MULTIPLE SELLERS N/A Cash DIV 8/31/06 PRIVATE HEALTHCARE SYSTEMS CARLYLE GROUP/THE GUARDIAN LIFE INSURANCE CO N/A Undisclosed ACQ 9/ 6/06 BIONICHE GLOBAL LEARNING UNITED BIOSOURCE CORP N/A Undisclosed DIV 9/10/06 MEDIMEDIA USA INC VESTAR CAPITAL PARTNERS MULTIPLE SELLERS N/A Undisclosed ACQ 9/12/06 SCHMELTZER APTAKER & SHEPARD SAUL EWING LLP N/A Undisclosed DIV 8/30/06 FIRTH RIXSON PLC LEHMAN BROTHERS HOLDINGS IN CARLYLE GROUP/THE N/A Cash ACQ 9/15/06 EASTERN BROADBAND CO LTD CARLYLE GROUP/THE N/A Undisclosed DIV 6/15/06 COGENERATION FACILITY MULTIPLE ACQUIRERS UNITED COGEN FUELS LLC N/A Cash DIV 6/13/06 PAPER MILL UNNAMED BUYER MULTIPLE SELLERS N/A Cash ACQ 9/21/06 LONG-TERM CARE QUOTE LONGEVITY ALLIANCE N/A Undisclosed DIV 6/ 9/06 BOTTLE ROCK POWER LLC MULTIPLE ACQUIRERS US RENEWABLES GROUP LLC N/A Debt DIV 5/ 4/06 BASEBALL EXPOS LP WASHINGTON NATIONALS BASEBA MAJOR LEAGUE BASEBALL N/A Undisclosed ACQ 6/15/06 BLUEMERCURY INC INVUS GROUP/THE N/A Cash ACQ 8/18/06 SUPERCIRCUITS INC CARLYLE GROUP/THE N/A Cash ACQ 5/12/06 RAMPWEB INC MINDSHARE INTERACTIVE CAMPAI N/A Undisclosed ACQ 10/ 9/06 ASPECT EDUCATION LTD WASHINGTON POST -CL B N/A Undisclosed ACQ 10/11/06 FLOW DRY TECHNOLOGY INC MILESTONE CAPITAL PARTNERS N/A Cash DIV 10/11/06 AMERICAN COMBUSTION INDUSTRI MILESTONE CAPITAL PARTNERS WGL HOLDINGS INC N/A Cash ACQ 10/12/06 SHOPPING CENTER MULTIPLE ACQUIRERS N/A Cash ACQ 10/20/06 PMBR WASHINGTON POST -CL B N/A Undisclosed DIV 10/11/06 SUSPENSION AXLE SYSTEM BUSINESS CARLYLE GROUP/THE ARVINMERITOR INC N/A Cash DIV 9/ 9/06 LINDEN-PARK CARLYLE GROUP/THE UNTERNEHMENSGRUPPE ENGEL N/A Cash DIV 9/ 7/06 LAND & BUILDING CARLYLE GROUP/THE CITY OF HAMBURG N/A Cash ACQ 8/31/06 PRIVATE HEALTHCARE SYSTEMS CARLYLE GROUP/THE N/A Undisclosed ACQ 11/ 1/06 FOODFIT CO/THE HEALTHCENTRAL.COM N/A Undisclosed DIV 11/20/06 THOMPSON PUBLISHING HOLDING AVISTA CAPITAL PARTNERS MIDOCEAN PARTNERS N/A Cash ACQ 12/ 1/06 BIGMOUTHMEDIA CARLYLE GROUP/THE N/A Cash ACQ 7/ 7/06 UNITED FEDERAL MORTGAGE AMERICAN BANK INC(PA) N/A Undisclosed DIV 12/ 8/06 POST NEWSWEEK TECH MEDIA 1105 MEDIA INC WASHINGTON POST -CL B N/A Undisclosed DIV 2/17/06 LINCOLN SUITES/DC CAFRITZ INTERESTS RLJ DEVELOPMENT LLC N/A Cash ACQ 12/18/06 HOOD COMPANIES INC CARLYLE GROUP/THE N/A Cash DIV 12/19/06 ASSOCIATED ASPHALT INC ARCLIGHT CAPITAL PARTNERS LL THAYER CAPITAL L.P. N/A Cash ACQ 12/20/06 HONEY TREE APARTMENTS/THE MULTIPLE ACQUIRERS N/A Cash DIV 10/17/06 BOCA RATON DATA CENTER COGENT COMMUNICATIONS GROU NIPPON TELEGRAPH & TELEPHONE N/A Cash JV 12/21/06 DAIWA SECURITIES GROUP INC EMP GLOBAL LLC N/A Stock ACQ 10/25/06 ACCESS MICROFINANCE HOLDING INTL FINANCE CORP N/A Undisclosed DIV 9/29/06 2 ARCHITECTURE PUBLICATIONS HANLEY-WOOD LLC VALCON ACQUISITION BV N/A Cash