Fiscal Year Ended February 28 1999 (GBP) 1999 (% sales) 2000 (GBP) 2000 (% sales) 2001 (GBP) 2002-2004 2001 Assumptions (% sales) Explanation Average Forecast 2003 Forecast 2002 2004 Income Statement Turnover Cost of sales Gross profit 303.7 127.7 176.0 100.0 42.0 58.0 330.1 130.9 199.2 100.0 39.7 60.3 374.1 149.0 225.1 100.0 Growth % 39.8 % sales 60.2 Turnover Cost of sales Gross profit 151.4 49.9 166.2 50.3 195.7 52.3 % sales 3.0 4.5 1.5 0.0 0.0 11.2 Operating expenses: -excluding exceptional costs -exceptional costs Restructuring costs Net interest expense Profit before tax Tax expense Profit (loss) after tax 16.6 0.1 3.4 5.5 0.0 1.1 2.6 2.7 1.5 28.8 10.4 18.4 0.8 0.5 8.7 3.2 5.6 1.0 4.4 12.8 3.5 9.3 0.3 1.2 % debt 3.4 0.9 % PBT 2.5 Operating expenses: -excluding exceptional costs -exceptional costs1 Restructuring costs2 Net interest expense Profit before tax Tax expense Profit (loss) after tax 8.0 (4.6) (1.5) Ordinary dividends Profit (loss) retained 10.9 (15.5) 3.6 (5.1) 10.9 7.5 3.3 2.3 10.9 (1.6) 2.9 Constant (0.4) Net Income - Dividend Ordinary dividends Profit (loss) retained Fiscal Year Ended February 28 1999 (GBP) 1999 (% sales) 2000 (GBP) 2000 (% sales) 2001 (GBP) 2002-2004 2001 Assumptions (% sales) Explanation Average Forecast 2003 Forecast 2002 2004 Income Statement Turnover Cost of sales Gross profit 303.7 127.7 176.0 100.0 42.0 58.0 330.1 130.9 199.2 100.0 39.7 60.3 374.1 149.0 225.1 100.0 Growth % 39.8 % sales 60.2 Turnover Cost of sales Gross profit 151.4 49.9 166.2 50.3 195.7 52.3 % sales 3.0 4.5 1.5 0.0 0.0 11.2 Operating expenses: -excluding exceptional costs -exceptional costs Restructuring costs Net interest expense Profit before tax Tax expense Profit (loss) after tax 16.6 0.1 3.4 5.5 0.0 1.1 2.6 2.7 1.5 28.8 10.4 18.4 0.8 0.5 8.7 3.2 5.6 1.0 4.4 12.8 3.5 9.3 0.3 1.2 % debt 3.4 0.9 % PBT 2.5 Operating expenses: -excluding exceptional costs -exceptional costs1 Restructuring costs2 Net interest expense Profit before tax Tax expense Profit (loss) after tax 8.0 (4.6) (1.5) Ordinary dividends Profit (loss) retained 10.9 (15.5) 3.6 (5.1) 10.9 7.5 3.3 2.3 10.9 (1.6) 2.9 Constant (0.4) Net Income - Dividend Ordinary dividends Profit (loss) retained