Presentation to XXX February 2006 Agenda The Team Your Objectives Who are DTZ What do we do Why DTZ Q&A Tony Brothwell Fund Manager Sean Brew Property Management Malcolm Naish Head of DTZ Investment Management Elliot Glausiusz Strategy Elliot Glausiusz Strategy The Team Your Objectives 4% Real ￡440m 75:25 Investment management since 1968 Founded in 1784 Public since 1987 Turnover ￡194.4m Profit ￡18.5m 9,000 staff (1,500 + UK) 192 offices in 40 countries To work with clients to create leading edge property, investment and business solutions worldwide Who Are Who Are Our philosophy concentrates on adding value through purchasing properties and undertaking asset management initiatives that focus on business investment and occupier needs. What Do We Do What Do We Do Balanced Performance Balanced Performance Balanced Performance Balanced Performance Balanced Performance Occupier Focused Philosophy Occupier Focused Philosophy Management Investment Strategy Strategy Economic Forecasting (5) International Real Estate (15) Real Estate Forecasting (5) Capital Markets (7) Office Retail Industrial Residential Forecasting, Spatial analysis, Economics Direct & Indirect, Manager Research Strategy Sector Identification Common sense systematically applied Occupier Focused Philosophy Management Investment Investment Sector Identification Flexible Buildings Dynamic Local Economies Price: ￡12.2m EQY: 5.38% Core centre Multi-use, multi-let Investment Occupier Focused Philosophy Occupier Focused Philosophy Occupier Focused Judging Panel commenting on DTZ’s award in the Asset Management category We were impressed with the wide range of tactics applied to a number of different assets classes and the strength and fit of skills sets employed to deliver strong results. Occupier Focused Philosophy Occupier Focused Philosophy Execution William Mather, Group Pensions Executive, Imperial Tobacco Pensions Fund …Tony and the team have been fantastic.