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From: "Valuation Program" <training@seminarcatalyst.com>
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Subject: Company Valuation Modelling Masterclass
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Company Valuation Modelling Masterclass

4 =96 5 June 2018

Kuala Lumpur, Malaysia



24 =96 25 June 2018

Dubai, UAE

The Understanding and Implementation of Financial Models to Support Accurat=
e Asset Valuations

Dear Leaders,

Workshop Overview

This interactive course is designed to embed key principles of valuation of=
 a company or investment, using practical examples. Candidates will learn a=
 variety of tools and financial models to value assets, including the conce=
pts underlying them. Exercises are illustrated using real life case studies.

Why You Should Attend=3F

Accurate asset valuations are key to efficient and thriving markets. The ab=
ility to place a proper, supportable value on an asset distinguishes the in=
telligent investor from the herd mentality, and endows a competitive advant=
age in the market place.

From value investors like Warren Buffet, to hedge fund billionaires like Ra=
y Dalio, their ability to determine value has been critical to their succes=
s, and has contributed to market discipline overall. Having an understandin=
g and ability to implement various rigorous valuation techniques will drive=
 your own success in financial and related activities.

Agenda Highlight

=B7         Understanding the Use of Valuation

o    Evaluating corporate events, fairness opinions

o    Evaluating business strategies, communicating with stakeholders

=B7         Calculating the Weighted Average Cost of Capital (WACC)

o    Implementing WACC in excel exercise

=B7         Using the Dupont Model

o    Applying dividend discount in excel exercise

=B7         Approaches to Calculating FCFF

=B7         Using Residual Income Models

o    Applying residual income in an excel exercise

=B7         Private Company Valuation

o    Public versus private firms

Who Should Attend

=B7         Accountants

=B7         Credit analysts

=B7         Equity analysts

=B7         Project managers

=B7         Financial analysts

=B7         Investment Bankers

=B7         Commercial bankers

=B7         Management consultants


Registration and Enquiry

For more information, simply reply to this email with subject title:

Subject Title:

Msia Session: Value-KL

Dubai Session: Value-DBX

Name: Catherine

DID: +65 6825 9599 / +65 8748 8871 (whatsapp only)


=20

=20

To remove from our mailing list, reply to this email with subject title Rem=
ove
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AN style=3D'FONT-SIZE: 12pt; FONT-FAMILY: "Trebuchet MS",sans-serif; COLOR:=
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AN style=3D'FONT-SIZE: 12pt; FONT-FAMILY: "Trebuchet MS",sans-serif; COLOR:=
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<o:p></o:p></SPAN></B></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE=
-HEIGHT: 115%" align=3Dcenter><B style=3D"mso-bidi-font-weight: normal"><SP=
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B><o:p></o:p></P></TD></TR>
<TR style=3D"HEIGHT: 27pt; mso-yfti-irow: 1">
<TD style=3D"BORDER-TOP: #f0f0f0; HEIGHT: 27pt; BORDER-RIGHT: #f0f0f0; WIDT=
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<P class=3DMsoNormal style=3D"MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal"><I =
style=3D"mso-bidi-font-style: normal"><SPAN style=3D'FONT-FAMILY: "Times Ne=
w Roman",serif'>The Understanding and Implementation of Financial Models to=
 Support Accurate Asset Valuations</SPAN></I><o:p></o:p></P></TD></TR>
<TR style=3D"HEIGHT: 207pt; mso-yfti-irow: 2">
<TD style=3D"BORDER-TOP: #f0f0f0; HEIGHT: 207pt; BORDER-RIGHT: #f0f0f0; WID=
TH: 387pt; BORDER-BOTTOM: #f0f0f0; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; P=
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<P class=3DMsoNormal style=3D"MARGIN: 6pt 0in; LINE-HEIGHT: normal"><SPAN s=
tyle=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; COLOR: #262626;=
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ar Leaders, <o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"MARGIN: 6pt 0in; LINE-HEIGHT: normal"><B styl=
e=3D"mso-bidi-font-weight: normal"><SPAN style=3D'FONT-FAMILY: "Book Antiqu=
a",serif; COLOR: #385623; mso-bidi-font-family: Arial; mso-themecolor: acce=
nt6; mso-themeshade: 128'>Workshop Overview<o:p></o:p></SPAN></B></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LIN=
E-HEIGHT: 115%"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua"=
,serif; LINE-HEIGHT: 115%; mso-bidi-font-family: Arial'>This interactive co=
urse is designed to embed key principles of valuation of a company or inves=
tment, using practical examples. Candidates will learn a variety of tools a=
nd financial models to value assets, including the concepts underlying them=
. Exercises are illustrated using real life case studies.<o:p></o:p></SPAN>=
</P>
<P class=3DMsoNormal style=3D"MARGIN: 6pt 0in; LINE-HEIGHT: normal"><B styl=
e=3D"mso-bidi-font-weight: normal"><SPAN style=3D'FONT-FAMILY: "Book Antiqu=
a",serif; COLOR: #385623; mso-bidi-font-family: Arial; mso-themecolor: acce=
nt6; mso-themeshade: 128'>Why You Should Attend=3F<o:p></o:p></SPAN></B></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LIN=
E-HEIGHT: 115%"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua"=
,serif; LINE-HEIGHT: 115%; mso-bidi-font-family: Arial'>Accurate asset valu=
ations are key to efficient and thriving markets. The ability to place a pr=
oper, supportable value on an asset distinguishes the intelligent investor =
from the herd mentality, and endows a competitive advantage in the market p=
lace.<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; LIN=
E-HEIGHT: 115%"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua"=
,serif; LINE-HEIGHT: 115%; mso-bidi-font-family: Arial'>From value investor=
s like Warren Buffet, to hedge fund billionaires like Ray Dalio, their abil=
ity to determine value has been critical to their success, and has contribu=
ted to market discipline overall. Having an understanding and ability to im=
plement various rigorous valuation techniques will drive your own success i=
n financial and related activities.<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"MARGIN: 6pt 0in; LINE-HEIGHT: normal"><B styl=
e=3D"mso-bidi-font-weight: normal"><SPAN style=3D'FONT-FAMILY: "Book Antiqu=
a",serif; COLOR: #385623; mso-bidi-font-family: Arial; mso-themecolor: acce=
nt6; mso-themeshade: 128'>Agenda Highlight<o:p></o:p></SPAN></B></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.25in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><SPAN style=3D"FON=
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=B7<SPAN style=3D'FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><B style=3D"mso-bidi-font-weight:=
 normal"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",ser=
if; LINE-HEIGHT: 115%'>Understanding the Use of Valuation<o:p></o:p></SPAN>=
</B></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.75in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1"><SPAN style=3D'FON=
T-SIZE: 10pt; FONT-FAMILY: "Courier New"; LINE-HEIGHT: 115%; mso-fareast-fo=
nt-family: "Courier New"'><SPAN style=3D"mso-list: Ignore">o<SPAN style=3D'=
FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><SPAN =
style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",serif; LINE-HEIGHT=
: 115%'>Evaluating corporate events, fairness opinions <B style=3D"mso-bidi=
-font-weight: normal"><o:p></o:p></B></SPAN></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.75in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1"><SPAN style=3D'FON=
T-SIZE: 10pt; FONT-FAMILY: "Courier New"; LINE-HEIGHT: 115%; mso-fareast-fo=
nt-family: "Courier New"'><SPAN style=3D"mso-list: Ignore">o<SPAN style=3D'=
FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><SPAN =
style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",serif; LINE-HEIGHT=
: 115%'>Evaluating business strategies, communicating with stakeholders<o:p=
></o:p></SPAN></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.25in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><SPAN style=3D"FON=
T-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 115%; mso-fareast-font-fami=
ly: Symbol; mso-bidi-font-family: Symbol"><SPAN style=3D"mso-list: Ignore">=
=B7<SPAN style=3D'FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><B style=3D"mso-bidi-font-weight:=
 normal"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",ser=
if; LINE-HEIGHT: 115%'>Calculating the Weighted Average Cost of Capital (WA=
CC)<o:p></o:p></SPAN></B></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.75in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1"><SPAN style=3D'FON=
T-SIZE: 10pt; FONT-FAMILY: "Courier New"; LINE-HEIGHT: 115%; mso-fareast-fo=
nt-family: "Courier New"'><SPAN style=3D"mso-list: Ignore">o<SPAN style=3D'=
FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><SPAN =
style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",serif; LINE-HEIGHT=
: 115%'>Implementing WACC in excel exercise <o:p></o:p></SPAN></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.25in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><SPAN style=3D"FON=
T-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 115%; mso-fareast-font-fami=
ly: Symbol; mso-bidi-font-family: Symbol"><SPAN style=3D"mso-list: Ignore">=
=B7<SPAN style=3D'FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><B style=3D"mso-bidi-font-weight:=
 normal"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",ser=
if; LINE-HEIGHT: 115%'>Using the Dupont Model<o:p></o:p></SPAN></B></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.75in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1"><SPAN style=3D'FON=
T-SIZE: 10pt; FONT-FAMILY: "Courier New"; LINE-HEIGHT: 115%; mso-fareast-fo=
nt-family: "Courier New"'><SPAN style=3D"mso-list: Ignore">o<SPAN style=3D'=
FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><SPAN =
style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",serif; LINE-HEIGHT=
: 115%'>Applying dividend discount in excel exercise <o:p></o:p></SPAN></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.25in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><SPAN style=3D"FON=
T-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 115%; mso-fareast-font-fami=
ly: Symbol; mso-bidi-font-family: Symbol"><SPAN style=3D"mso-list: Ignore">=
=B7<SPAN style=3D'FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><B style=3D"mso-bidi-font-weight:=
 normal"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",ser=
if; LINE-HEIGHT: 115%'>Approaches to Calculating FCFF<o:p></o:p></SPAN></B>=
</P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.25in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><SPAN style=3D"FON=
T-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 115%; mso-fareast-font-fami=
ly: Symbol; mso-bidi-font-family: Symbol"><SPAN style=3D"mso-list: Ignore">=
=B7<SPAN style=3D'FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><B style=3D"mso-bidi-font-weight:=
 normal"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",ser=
if; LINE-HEIGHT: 115%'>Using Residual Income Models <o:p></o:p></SPAN></B><=
/P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.75in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1"><SPAN style=3D'FON=
T-SIZE: 10pt; FONT-FAMILY: "Courier New"; LINE-HEIGHT: 115%; mso-fareast-fo=
nt-family: "Courier New"'><SPAN style=3D"mso-list: Ignore">o<SPAN style=3D'=
FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><SPAN =
style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",serif; LINE-HEIGHT=
: 115%'>Applying residual income in an excel exercise<o:p></o:p></SPAN></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.25in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><SPAN style=3D"FON=
T-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 115%; mso-fareast-font-fami=
ly: Symbol; mso-bidi-font-family: Symbol"><SPAN style=3D"mso-list: Ignore">=
=B7<SPAN style=3D'FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><B style=3D"mso-bidi-font-weight:=
 normal"><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",ser=
if; LINE-HEIGHT: 115%'>Private Company Valuation<o:p></o:p></SPAN></B></P>
<P class=3DMsoListParagraph style=3D"MARGIN: 0in 0in 3pt 0.75in; LINE-HEIGH=
T: 115%; TEXT-INDENT: -0.25in; mso-list: l0 level2 lfo1"><SPAN style=3D'FON=
T-SIZE: 10pt; FONT-FAMILY: "Courier New"; LINE-HEIGHT: 115%; mso-fareast-fo=
nt-family: "Courier New"'><SPAN style=3D"mso-list: Ignore">o<SPAN style=3D'=
FONT: 7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><SPAN =
style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",serif; LINE-HEIGHT=
: 115%'>Public versus private firms</SPAN><SPAN style=3D'FONT-SIZE: 10pt; F=
ONT-FAMILY: "Arial",sans-serif; LINE-HEIGHT: 115%'><o:p></o:p></SPAN></P></=
TD>
<TD style=3D"BORDER-TOP: #f0f0f0; HEIGHT: 207pt; BORDER-RIGHT: #f0f0f0; WID=
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lign=3Dtop width=3D198>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center; MARGIN: 6pt 0in 0pt; LINE=
-HEIGHT: 115%" align=3Dcenter><B style=3D"mso-bidi-font-weight: normal"><I =
style=3D"mso-bidi-font-style: normal"><SPAN style=3D'FONT-SIZE: 12pt; FONT-=
FAMILY: "Book Antiqua",serif; COLOR: #262626; LINE-HEIGHT: 115%; mso-bidi-f=
ont-family: Arial; mso-themecolor: text1; mso-themetint: 217'>Registration =
and Enquiry<o:p></o:p></SPAN></I></B></P>
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 style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIGHT: =
115%; mso-bidi-font-family: Arial'>For more information, simply reply to th=
is email</SPAN><SPAN style=3D'FONT-FAMILY: "Book Antiqua",serif'> </SPAN><S=
PAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIGH=
T: 115%; mso-bidi-font-family: Arial'>with subject title:<o:p></o:p></SPAN>=
</P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center; MARGIN: 0in 0in 6pt; LINE=
-HEIGHT: 115%" align=3Dcenter><B style=3D"mso-bidi-font-weight: normal"><SP=
AN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIGHT=
: 115%; mso-bidi-font-family: Arial'>Subject Title:<o:p></o:p></SPAN></B></=
P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE=
-HEIGHT: 150%" align=3Dcenter><B style=3D"mso-bidi-font-weight: normal"><SP=
AN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; COLOR: #c00=
000; LINE-HEIGHT: 150%; mso-bidi-font-family: Arial'>Msia Session: Value-KL=
<o:p></o:p></SPAN></B></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE=
-HEIGHT: 150%" align=3Dcenter><B style=3D"mso-bidi-font-weight: normal"><SP=
AN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; COLOR: #c00=
000; LINE-HEIGHT: 150%; mso-bidi-font-family: Arial'>Dubai Session: Value-D=
BX<o:p></o:p></SPAN></B></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center; MARGIN: 6pt 0in 0pt; LINE=
-HEIGHT: 115%" align=3Dcenter><B style=3D"mso-bidi-font-weight: normal"><SP=
AN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIGHT=
: 115%; mso-bidi-font-family: Arial'>Name:</SPAN></B><SPAN style=3D'FONT-SI=
ZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIGHT: 115%; mso-bidi-fo=
nt-family: Arial'> Catherine<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center; MARGIN: 6pt 0in; LINE-HEI=
GHT: 115%" align=3Dcenter><B style=3D"mso-bidi-font-weight: normal"><SPAN s=
tyle=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIGHT: 11=
5%; mso-bidi-font-family: Arial'>DID: </SPAN></B><SPAN style=3D'FONT-SIZE: =
10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIGHT: 115%; mso-bidi-font-f=
amily: Arial'>+65 6825 9599 / </SPAN><SPAN style=3D'FONT-SIZE: 10pt; FONT-F=
AMILY: "Book Antiqua",serif; LINE-HEIGHT: 115%; mso-bidi-font-family: "Cali=
bri Light"'>+65 <SPAN style=3D"COLOR: #262626; mso-themecolor: text1; mso-t=
hemetint: 217">8748 8871 (whatsapp only)</SPAN></SPAN><SPAN style=3D'FONT-S=
IZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIGHT: 115%; mso-bidi-f=
ont-family: Arial'> <B style=3D"mso-bidi-font-weight: normal"><o:p></o:p></=
B></SPAN></P></TD></TR>
<TR style=3D"HEIGHT: 238.6pt; mso-yfti-irow: 3">
<TD style=3D"BORDER-TOP: #f0f0f0; HEIGHT: 238.6pt; BORDER-RIGHT: #f0f0f0; W=
IDTH: 148.5pt; BORDER-BOTTOM: #f0f0f0; PADDING-BOTTOM: 0in; PADDING-TOP: 0i=
n; PADDING-LEFT: 5.4pt; BORDER-LEFT: #f0f0f0; PADDING-RIGHT: 5.4pt; BACKGRO=
UND-COLOR: transparent; mso-border-top-alt: solid #ED7D31 1.5pt; mso-border=
-top-themecolor: accent2" vAlign=3Dtop width=3D198>
<P class=3DMsoNormal style=3D"MARGIN: 0.25in 0in 0pt; LINE-HEIGHT: 115%"><B=
 style=3D"mso-bidi-font-weight: normal"><I style=3D"mso-bidi-font-style: no=
rmal"><SPAN style=3D'FONT-SIZE: 12pt; FONT-FAMILY: "Book Antiqua",serif; CO=
LOR: #262626; LINE-HEIGHT: 115%; mso-bidi-font-family: Arial; mso-themecolo=
r: text1; mso-themetint: 217'>Who Should Attend<o:p></o:p></SPAN></I></B></=
P>
<P class=3DMsoListParagraphCxSpFirst style=3D"MARGIN: 6pt 0in 6pt 0.5in; LI=
NE-HEIGHT: 150%; TEXT-AUTOSPACE: ; TEXT-INDENT: -0.25in; mso-add-space: aut=
o; mso-list: l1 level1 lfo2; mso-layout-grid-align: none"><SPAN style=3D"FO=
NT-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 150%; mso-fareast-font-fam=
ily: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-style: italic"><SP=
AN style=3D"mso-list: Ignore">=B7<SPAN style=3D'FONT: 7pt "Times New Roman"=
'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><I>=
<SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEI=
GHT: 150%; mso-bidi-font-family: "Times New Roman"'>Accountants<o:p></o:p><=
/SPAN></I></P>
<P class=3DMsoListParagraphCxSpMiddle style=3D"MARGIN: 6pt 0in 6pt 0.5in; L=
INE-HEIGHT: 150%; TEXT-AUTOSPACE: ; TEXT-INDENT: -0.25in; mso-add-space: au=
to; mso-list: l1 level1 lfo2; mso-layout-grid-align: none"><SPAN style=3D"F=
ONT-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 150%; mso-fareast-font-fa=
mily: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-style: italic"><S=
PAN style=3D"mso-list: Ignore">=B7<SPAN style=3D'FONT: 7pt "Times New Roman=
"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><I=
><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HE=
IGHT: 150%; mso-bidi-font-family: "Times New Roman"'>Credit analysts<o:p></=
o:p></SPAN></I></P>
<P class=3DMsoListParagraphCxSpMiddle style=3D"MARGIN: 6pt 0in 6pt 0.5in; L=
INE-HEIGHT: 150%; TEXT-AUTOSPACE: ; TEXT-INDENT: -0.25in; mso-add-space: au=
to; mso-list: l1 level1 lfo2; mso-layout-grid-align: none"><SPAN style=3D"F=
ONT-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 150%; mso-fareast-font-fa=
mily: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-style: italic"><S=
PAN style=3D"mso-list: Ignore">=B7<SPAN style=3D'FONT: 7pt "Times New Roman=
"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><I=
><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HE=
IGHT: 150%; mso-bidi-font-family: "Times New Roman"'>Equity analysts<o:p></=
o:p></SPAN></I></P>
<P class=3DMsoListParagraphCxSpMiddle style=3D"MARGIN: 6pt 0in 6pt 0.5in; L=
INE-HEIGHT: 150%; TEXT-AUTOSPACE: ; TEXT-INDENT: -0.25in; mso-add-space: au=
to; mso-list: l1 level1 lfo2; mso-layout-grid-align: none"><SPAN style=3D"F=
ONT-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 150%; mso-fareast-font-fa=
mily: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-style: italic"><S=
PAN style=3D"mso-list: Ignore">=B7<SPAN style=3D'FONT: 7pt "Times New Roman=
"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><I=
><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HE=
IGHT: 150%; mso-bidi-font-family: "Times New Roman"'>Project managers<o:p><=
/o:p></SPAN></I></P>
<P class=3DMsoListParagraphCxSpMiddle style=3D"MARGIN: 6pt 0in 6pt 0.5in; L=
INE-HEIGHT: 150%; TEXT-AUTOSPACE: ; TEXT-INDENT: -0.25in; mso-add-space: au=
to; mso-list: l1 level1 lfo2; mso-layout-grid-align: none"><SPAN style=3D"F=
ONT-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 150%; mso-fareast-font-fa=
mily: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-style: italic"><S=
PAN style=3D"mso-list: Ignore">=B7<SPAN style=3D'FONT: 7pt "Times New Roman=
"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><I=
><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HE=
IGHT: 150%; mso-bidi-font-family: "Times New Roman"'>Financial analysts<o:p=
></o:p></SPAN></I></P>
<P class=3DMsoListParagraphCxSpMiddle style=3D"MARGIN: 6pt 0in 6pt 0.5in; L=
INE-HEIGHT: 150%; TEXT-AUTOSPACE: ; TEXT-INDENT: -0.25in; mso-add-space: au=
to; mso-list: l1 level1 lfo2; mso-layout-grid-align: none"><SPAN style=3D"F=
ONT-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 150%; mso-fareast-font-fa=
mily: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-style: italic"><S=
PAN style=3D"mso-list: Ignore">=B7<SPAN style=3D'FONT: 7pt "Times New Roman=
"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><I=
><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HE=
IGHT: 150%; mso-bidi-font-family: "Times New Roman"'>Investment Bankers<o:p=
></o:p></SPAN></I></P>
<P class=3DMsoListParagraphCxSpMiddle style=3D"MARGIN: 6pt 0in 6pt 0.5in; L=
INE-HEIGHT: 150%; TEXT-AUTOSPACE: ; TEXT-INDENT: -0.25in; mso-add-space: au=
to; mso-list: l1 level1 lfo2; mso-layout-grid-align: none"><SPAN style=3D"F=
ONT-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 150%; mso-fareast-font-fa=
mily: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-style: italic"><S=
PAN style=3D"mso-list: Ignore">=B7<SPAN style=3D'FONT: 7pt "Times New Roman=
"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><I=
><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HE=
IGHT: 150%; mso-bidi-font-family: "Times New Roman"'>Commercial bankers<o:p=
></o:p></SPAN></I></P>
<P class=3DMsoListParagraphCxSpLast style=3D"MARGIN: 0in 0in 0pt 0.5in; LIN=
E-HEIGHT: 150%; TEXT-AUTOSPACE: ; TEXT-INDENT: -0.25in; mso-add-space: auto=
; mso-list: l1 level1 lfo2; mso-layout-grid-align: none"><SPAN style=3D"FON=
T-SIZE: 10pt; FONT-FAMILY: Symbol; LINE-HEIGHT: 150%; mso-fareast-font-fami=
ly: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-style: italic"><SPA=
N style=3D"mso-list: Ignore">=B7<SPAN style=3D'FONT: 7pt "Times New Roman"'=
>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></SPAN></SPAN><I><=
SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Book Antiqua",serif; LINE-HEIG=
HT: 150%; mso-bidi-font-family: "Times New Roman"'>Management consultants</=
SPAN></I><I><SPAN style=3D'FONT-SIZE: 10pt; FONT-FAMILY: "Times New Roman",=
serif; LINE-HEIGHT: 150%'><o:p></o:p></SPAN></I></P></TD></TR>
<TR style=3D"HEIGHT: 39.35pt; mso-yfti-irow: 4; mso-yfti-lastrow: yes">
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n; PADDING-LEFT: 5.4pt; BORDER-LEFT: #f0f0f0; PADDING-RIGHT: 5.4pt; BACKGRO=
UND-COLOR: transparent" vAlign=3Dtop width=3D714 colSpan=3D2>
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mily: Calibri; mso-bidi-font-family: Arial"><o:p><SPAN style=3D"TEXT-DECORA=
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mily: Calibri; mso-bidi-font-family: Arial"><o:p><SPAN style=3D"TEXT-DECORA=
TION: none"><FONT face=3DCalibri>&nbsp;</FONT></SPAN></o:p></SPAN></U></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; LINE=
-HEIGHT: 115%" align=3Dcenter><FONT face=3DCalibri><SPAN style=3D"FONT-SIZE=
: 8pt; COLOR: #262626; LINE-HEIGHT: 115%; mso-ascii-font-family: Calibri; m=
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t title Remove - cs@transocean.com</SPAN><SPAN style=3D'FONT-SIZE: 10pt; FO=
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