EXHIBIT (c)(2)

PELIMINARY — SUBJECT TO CHANGE Discussion Materials September 25, 2008

PRELIMINARY — SUBJECT TO CHANGE I. BACKGROUND AND KEY CONSIDERATIONS En Pointe Technologies, Inc. (“En Pointe” or the “Company”) is a publicly traded company with a share price of $1.99 as of September 24, 2008. The Company’s shares lack meaningful liquidity, as evidenced by low trading volume and lack of analyst coverage, and have low institutional ownership. Based on these characteristics, FMV Opinions, Inc. (“FMV” “Our” or “We”) performed preliminary financial analyses, which included preliminary analyses of ranges of indicative valuations of the Company’s common stock based on information obtained from public filings and Company management. Key aspects of our valuation analyses included the following: Analysis of On-going Company — We performed valuation analyses of the Company on a proforma basis, exclusive of En Pointe Global Services, LLC (“EPOS”). Analysis of EPGS — We performed an analysis of the consideration from the sale of EPGS and a valuation analysis of the Company’s 19.5 percent post-sale interest in EPGS. Ovex and Premier — We performed valuation analyses of Ovex Technologies (Private) Limited (“Ovex”) and Premier BPO, Inc. (“Premier”). In performing our analyses of the Company, we have considered the following: Excess Cash & Marketable Securities — These assets were treated as non-operating in nature, and as such, we have added their value to that of the remaining operations of the Company. Stock from EPGS Sale - This asset was treated as non-operating in nature, and as such, we have added its value to that of the remaining operations of the Company. In quantifying the value of the stock in Allied Digital Services, Inc. (“Allied”) to be received in connection with the sale of EPGS, we have considered the one-year lock-up period on such stock, its block size, and the trading volume of Allied. Assumed Sale of EPGS is Complete — For the purposes of our analysis, we have assumed that the sale of EPGS will be completed without any interruption based on the terms of the Limited Liability Purchase Agreement (“Purchase Agreement”). 2

PRELIMINARY — SUBJECT TO CHANGE II. VALUATION SUMMARY Indicative Valuation Ranges (SOOOs Omitted Except Per-Share Values) Aggregate Value Aggregate Minority Valuation Methods Indications Per Share Value Indications Per Share Core Operations Low High Low High Low High Low High Guideline Public Companies Method ^] 12,068 — 20,523 1.46 — 2.48 9,654 — 17,034 1.17 — 2.06 Industry Acquisitions Method ^! 12,068 — 21,853 1.46 — 2.64 9,654 — 18,138 1.17 — 2.19 Discounted Cash Flow Method ^l 16,188 — 18.993 1.96 — 2.29 12,950 — 15,764 1.57 — 1.90 Value Indications of the Core Operations¹ 12,338 — 21,443 1.49 — 2.59 9,870 — 17,797 1.20 - 2.15 Cash and Marketable Securities 12,908 — 12,908 1.56 — 1.56 10,326 — 10,714 1.25 — 1.29 Value of Allied Stock 8,019 — 8,592 0.97 — 1.04 6,415 — 7,132 0.78 — 0.86 Total $33,265 — $42,943 $4.03 - $5.18 $26,612 — $35,643 $3.22 — $4.30 Value indications of the remaining operations include: (i) the Company’s existing operations: (ii) proceeds from exercise of options: (iii) 19.5 percent interest in EPGS: (tv) ownership interest in Ovex; (v) ownership interest in Premier: and excludes: (i) cash and marketable securities; and (ii) value of Allied stock. 3

PRELIMINARY — SUBJECT TO CHANGE II. VALUATION SUMMARY (Cont.) Premiums Over Per Share Value Indications Per Share Value Indications: $4.03 — $5.18 Trading Period Average Closing Implied Premium — Implied Premium — (As of 9/22/2008) Stock Price Low High 1 Trading Day $1.95 106.6% 165.8% Trading Days $1.94 107.3% 166.6% 30 Trading Days $1.92 109.9% 170.0% 3 Months $2.18 84.9% 137.9% Months $2.41 67.4% 115.4% lYear $2.55 58.2% 103.5% 1 Year-High $3.40 18.5% 52.5% 1 Year-Low $1.80 123.9% 188.0% Minority Per Share Value Indications: $3.22 — $4.30 Trading Period Average Closing Implied Premium — Implied Premium — (As of 9/22/2008) Stock Price Low High 1 Trading Day $1.95 65.3% 120.6% Trading Days $1.94 65.8% 121.3% 30 Trading Days $1.92 67.9% 124.1% 3 Months $2.18 47.9% 97.4% Months $2.41 33.9% 78.7% lYear $2.55 26.6% 68.9% 1 Year-High $3.40 . -5.2% 26.5% 1 Year-Low $1.80 79.1% 139.0% 4

PRELIMINARY — SUBJECT TO CHANGE IH. HISTORICAL FINANCIAL PERFORMANCE Historical Balance Sheets ($OOOs Omitted) Historical Financial Statements (including Services Business) Actual I I I I As of September 30, As of As of Budget As of Sep. 30, June 30, September 30, July 31, 2003 2004 2005 2006 2007 2008 2008 2008 ASSETS Current Assets: Cash $3,218 $16,072 $6,903 $10,240 $6,000 56,965 $7,622 $12,694 Restricted Cash 70 71 72 74 76 77 75 78 Short-Term Cash Investments 0000 1,000 178 1,011 136 Accounts Receivable, Net¹ 35,123 31,571 40,916 46,417 61,391 46,309 49,964 43,129 Inventories, Net 5,746 7,105 10,367 4,201 8,768 5,487 6,925 5,211 Prepaid Expenses and Other Current Assets 413 578 764 1,067 1,548 1,957 1,779 3,093 Total Current Assets 44,570 55,397 59,022 61,999 78,783 60,973 67,377 64,341 Net Property and Equipment 5,988 5,346 3,070 2,765 5,022 5,226 5,163 4,210 Intangible Assets 606 512 589 1,232 1,785 1,536 NA 1,069 Other Assets 491 177 215 242 416 2,945 3,336 4,129 Total Assets $51,655 $61,432 $62,896 $66,238 $86,006 $70,680 $75,877 S73,749 LIABILITIES & SHAREHOLDERS’ EQUITY ^^___—^^___—___Current Liabilities: Accounts Payable $12,642 $13,971 $18,444 $19,105 $19,034 $22,571 $18,925 $16,150 Short-Term Borrowings & Curr. L.T. Debt 183 236 400 346 2,450 1,302 0 1,165 Borrowings Under Line of Credit 11,326 18,309 16,824 15,673 30,314 14,245 15,435 15,536 Accrued Liabilities 0000 0 7,292 5,191 0 Accrued Taxes and Other Liabilities 501 838 2,038 4,214 3,782 4,235 0 5,775 Accrued Employee Compensation and Benefits 2,540 2,406 3,409 3,684 4,264 0 0 2,748 Other Accrued Liabilities 2,169 1,681 935 2,112 1,913 0 9,272 6,424 Deferred Income 477 77 908 368 582 0 0___690 Total Current Liabilities 29,838 37,518 42,958 45,502 62,339 49,645 48,823 48,488 Capital Lease Obligations 5,138 4,965 584 238 447 604 211 563 Other Long-Term Liabilities 253 663 0 0 000 0 Noncontrolling Interest 0 308 903 1,487 1,957 1,975 2,235 1,968 Total Liabilities 35,229 43,454 44,445 47,227 64,743 52,224 51,269 51,019 Total Shareholders’Equity¹ 16,426 ~ 17,978 18,451 19,011 21,263 18,456 24,607 ~ 22,73] Total Liab. & Shareholders’Equity $51,655 $61,432 $62,896 $66,238 $86,006 $70,680 $75,877 $73,749 We removed the book value of Allied stock ($13.3 million) from Accounts Receivable, Net on tlie Company’s balance sheet, as of July 31, 2008. Shareholders’ equity has been adjusted by the book value of Allied stock. 5

PRELIMINARY — SUBJECT TO CHANGE m. HISTORICAL FINANCIAL PERFORMANCE (Cont) Income Statements (SOOOs Omitted) Historical Financial Statements (Including Services Business) I ‘ ‘ ‘ ~ ~~I Twelve Months Ended September 30, LTM Ended Annualized Projected June 30, Ended June 3 0, Calendar Year 2003 2004 2005 2006 2007 2008 2008 2009 Product Revenue $252,493 $236,707 $279,325 $276,736 $299,335 $285,079 $266,392 $225,629 Service Revenue 37.318 42,527 49,007 46.997 47,791 49,340 50,112 13,571 Total Revenue 289,811 279,234 328,332 323,733 347,126 334,419 316,504 239,201 Product Cost of Sales 233,059 219,125 258,516 253,765 274,128 258,078 239,232 197,877 Service Cost of Sales 20.712 25,633 34,758 30.318 29.447 28.451 29,024 8.904 Total Cost of Sales 253,771 244,758 293,274 284,083 303,575 286,529 268,256 206,781 Gross Profit 36,040 34,476 35,058 39,650 43,551 47,890 48,248 32,419 Operating Expenses: Selling and Marketing Expenses 27,556 22,930 25,792 28,337 30,565 35,953 36,868 21,045 General and Administrative Expenses 9,998 10,047 10,143 11,098 11,871 13,423 13,945 9,293 Special Charges 0 0 0 0___0 0 0___0___Total Operating Expenses 37,554 32,977 35,935 39,435 42,436 49,376 50,813 30,338 Operating Income (1,514) 1,499 (877) 215 1,115 (1,486) (2,565) 2,081 Interest Expense 871 749 260 82 318 289 265 677 Interest & Dividend (Income) 0000 000 0 Other Expense (Income) (238) (646) (91) (36) (79) (200) (253) 241 Pretax Income (2,147) 1,396 (1,046) 169 876 (1,575) (2,577) 1,163 Income Taxes (Credit) (859) 558 (418) 68___350 (630) 36___465 Net Income ($1,288) $838 ($628) $101 $526 ($945) ($2,613) $698 EBITDA 512 4,029 324 1,742 3,686 1,459 421 2,365 EBITDA/Revenue 0.2% 1.4% 0.1% 0.5% 1.1% 0.4% 0.1% 1.0% Depreciation & Amort. Expense 1,788 1,884 1,110 1,491 2,492 2,745 2,733 525 Capital Expenditures 227 765 1,999 904 2,849 2,699 2,712 2,606 Income Statement Adjustments: Actual Special Charges 393 0 0 0 0 0 0~ 0 Adjusted Special Charges 0 0 0 0___0 0 0___0___Actual Interest & Dividend (Income) 0 0 (266) (263) (615) (386) (295) (36) Adjusted Interest & Dividend (Income) 0 0 0 0___0 0 0___0___Actual Other Expense (Income) (238) (646) (644) (36) (79) 556 755 241 Adjusted Other Expense (Income) (238) (646) [91) (36) £79] (200) (253) 241 Actual Income Taxes 0 131 21 42 (203) (205) 36 0 Adjusted Income Taxes to 40 percent (859) 558 (418) 68___350 (630) (1,031) 465 Total Adjustment to Pretax Income $393 $0 ($819) ($263) ($615) S370 $713 ($36) 6

PRELIMINARY — SUBJECT TO CHANGE IV. STOCK ANALYSIS Stock Trading History 20,000 -, r $9 Dec. 1,2006: Company announced Q4 2006 and FYE Feb. 12,2007: Company July 7,2007: Pakistan 2006resulte. announced Ql 2007 court approved merger of —$⁸ \v 1 <S results. Ovex Technologies Ltd. * L^^ ^ ^<-^)vex P³^⁵¹³¹¹ Ltd. U / “ ^S7 15,000 B- -f- |l / Aug. 3,2007: Company July 10,2008: Company sold jj |jLJ / announced Q3 2007 majority interest in EPGS (services —$6 I If If / results. business) to Allied Digital Services, 7

PRELIMINARY — SUBJECT TO CHANGE IV. STOCK ANALYSIS (Cont) Stock Trading History (Cont.) Stock and Trading Analysis ENPT Exchange Nasdaq Ticker ENPT Equity Analyst Coverage 0 Total Shares Outstanding (MM) 7.16 Stock Price as of September 22, 2008 $1.95 Market Value of Equity (MM) $14.0 Total Public Float (MM) 5.42 % of Total Shares Outstanding 75.8% Institutional Holdings (MM) 0.88 % of Total Shares Outstanding 12.3% % of Total Public Float 16.3% No. of Institutional Holders 14 Largest Holders — % of Total Outstanding: ^] Ahmed, Zubair 8.97% Din, Attiazaz 7.88% Din, Medina M. 6.79% Average Weekly Trading Volume (MM)² 0.0170 % of Total Shares Outstanding 0.238% % of Total Public Float 0.314% Average Daily Trading Volume (MM)² 0.0172 Implied Daily Liquidity ($MM)³ $0.0334 1 Per Capital IQ. ² Average weekly and daily trading volume calculations are based on the last 52 weeks. Average Daily Volume x Current Price 8

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS Valuation Indications ($OOOs Omitted Except Per-Share Values) Add: Proceeds Add: 19.5% Less: 30% Less: Preferred Stock in Add: Cash and Add: Value of Diluted Common Operating Value from Exercise of Interest in Interest in Premier Owned by Marketable Restricted Stock Value Shares Price Per Valuation Methods Indications Options EPGS Qvex Outside S/H Securities (Allied) Indications Outstanding Share Guideline Public Companies Method — Low $7,730 2,278 3,270 (834) (376) 12,908 8,019 32,995 8,255 $4.00 Guideline Public Companies Method — High $16,080 2,421 3,576 (1,056) (498) 12,908 8,592 42,023 8,285 $5.07 Industry Acquisitions Method-Low $7,730 2,278 3,270 (S34) (376) 12,908 8,019 32,995 8,255 $4.00 Industry Acquisitions Method-High $17,410 2,421 3,576 (1,056) (498) 12,908 8.592 43,353 8,285 $5.23 Discounted Cash Flow Method — Low $11,850 2,278 3,270 (834) (376) 12,908 8,019 37,115 8,255 $4.50 Discounted Cash Flow Method-High $14,550 2,421 3,576 (1,056) (498) 12,908 8,592 40,493 8,285 $4.89 Operating Value Indication — Low $8,000 2,278 3,270 (834) (376) 12,908 8,019 33,265 8,255 $4.03 Operating Value Indication — High $17,000 2,421 3.576 (1,056) (498) 12,908 8,592 42.943 8,285 $5.18 Implied Multiples Range of Operating Value Indications $8,000 $9,000 $10,000 $11,000 $12,000 $13,000 S14,000 $15,000 $16,000 $17,000 Implied Price/Book Value 0.7x 0.8x 0.9x l.Ox l.lx 12x 1.3x 1.4x 1.5x 1.6x Implied EV/EB1TDA 3.4x 3.8x 4.2x 4.7x 5.1x 5.5x 5.9x 6.3x 6.8x 7.2x Implied EV/Rcvame 0.03x 0.04x 0.04x O.OSx O.OSx O.OSx 0.06x 0.06x 0.07x 0.07x Range of Aggregate Value Indications $33,265 $34,265 $35,265 $36,265 $37,265 $38,265 $39,265 $40,265 $41,265 $42,943 Implied Price/Book Value 2.8x 2.9x 3.0x 3.1x 3.2x 3.3x 3.3x 3.4x 3.5x 3.7x Implied EV/EBITDA 6.6x 6.8x 7.0x 7.2x 7.4x 7.6x 7.8x S.Ox 8.2x 8.5x Implied EV/Revemie 0.12x 0.12x 0.13x 0.13x 0.13x 0.14x 0.14x 0.14x O.lSx 0.15x 9

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS (Cont.) Guideline Public Companies Method ($OOOs Omitted) Less: Representative Times: Interest- Earnings Range of Capitalization Bearing Valuation Approach Level Muliples Debt Range of Value Indications Market Value/Net Book Value¹ $10,722 1.00 — 1.50 — $10,722 — $16,084 EV/EBITDA² $2,365 4.00 — 5.00 $1,728 $7,734 — $10,099 EV/Revenue³ $239,201 0.05 — 0.07 $1,728 $10,232 — $15,016 Range of Value Indications (rounded) | $7,730 — $16,080 | Net book value has been adjusted to eliminate cash and equivalents and intangibles. We increased the Company’s net book value by removing noncontrolling interest. o EBITDA based on calendar year 2009 Management projections (excludes public company costs). Revenue based on calendar year 2009 Management projections. 10

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS (Cont.) Capitalization Multiples of Guideline Public Compauies Enterprise Value to EBITDA: Market Value to Net Book Value: ‘ . Next Fiscal Latest 12 Fiscal Year Public Companies Year Months End 3-Year Avg 5-Year Avg Public Companies Latest BV GTSICorp. NA 7.0 8.8 NM 8.8 GTSI Corp. 0.9 Insight Enterprises, Inc. 4.9 5.6 5.5 7.1 8.6 Insight Enterprises, Inc. 2.3 PC Connection, Inc. 3.0 3.0 3.1 4.3 4.8 PC Connection, Inc. 1.0 PC Mall, Inc. 4.5 5.2 5.8 9.7 11.9 PC Mall, Inc. 1.9 Zones, Inc. NA 4.3 4.0 5.3 6.8 Zones, Inc. 2.0 Systemax, Inc. NA 4.2 4.5 6.2 8.0 Systemax, Inc. 2.1 Softchoice Corp. 4.0 5.9 5.7 7.7 9.3 Softchoice Corp. NM Pomeroy IT Solutions, Inc.² NA 3.2 NM 3.7 2.7 Pomeroy IT Solutions, Inc. 0.6 Range 3.0 3.0 3.1 3.7 2.7 Range 0.6 4.9 7.0 8.8 9.7 11.9 2.3 Mean 4.1 4.8 5.3 6.3 7.6 Mean 1.5 Median 4.3 4.8 5.5 6.2 8.3 Median 1.9 Enterprise Value to Revenue: ___,,. ___. Next Fiscal Latest 12 Fiscal Year Public Companies , Year Months End 3-Year Avg 5-Year Avg GTSICorp. NA 0.11 0.11 0.10 0.09 Insight Enterprises, Inc. 0.18 0.20 0.20 0.25 0.29 PC Connection, Inc. 0.08 0.08 0.08 0.09 0.09 PC Mall, Inc. 0.12 0.13 0.14 0.16 0.17 Zones, Inc. NA 0.14 0.14 0.16 0.17 Systemax, Inc. NA 0.17 0.18 0.21 0.23 Softchoice Corp. 0.17 0.24 0.33 0.32 0.36 Pomeroy IT Solutions, Inc. NA 0.07 0.07 0.07 0.07 Range 0.08 0.07 0.07 0.07 0.07 0.18 0.24 0.33 0.32 0.36 Mean 0.14 0.14 0.2 0.2 0.2 Median 0.14 0.13 0.1 0.2 0.2 Adjusted for Intangibles and Cash r\ Normalized based on Pomeroy’s latest quarterly performance 11

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS (Cont.) Industry Acquisitions Method (SOOOs) Transaction Transaction EV7 EV7 ^Acquired Company Pale Acquirer Value Revenue EBITPA EBITDA Revenue Commentary Pomeroy IT Solutions, Inc. PENDING David B. Pomeroy, II and ComVest 60.381 606,815 13,784 4.4 0.10 Based on $6,00 per share offer; Pomeroy is profitable in latest quarter; Investment Partners IE, LP EV/EBITDA multiple is based on normalized EBITDA; Normalized EBITDA margin approximates 2.3%. Zones. Inc. PENDING Investor Group led by Firoz Lalji 97,299 664,167 21,889 4.4 0,15 Based on $8.65 per share offer; 30-day go-shop period expired on September 4, 2008, Electronic Data Systems Corporation 26-Aug-08 Hewlelt-Paclard Co. 12.745.346 22,449,000 2,992.500 4.3 0.57 Provides IT and BPO services; Gross proDt margin of 13.9% reflects strong dependence on services. Calence. LLC¹ 1-Apr-OS Insight Enterprises, Inc. 160,000 NA NA 7.7 0.40 Deal price includes $35 million eamout Implied EBITDA margin of 5.7%; 2007 ACE awards: #1 fastest growing private company in Arizona Optimus Solutions, LLC 3-Jan-08 Softchoice Corp. 39,543 140,000 NA NA 0.28 IT infrastructure (networlang. storage, application development, etc.) solutions and services; 2006 revenue growth of 33%. Software Plus Ltd. 11 -Dec-07 Softchoice Corp. 44.977 198,000 NA NA 0.23 Provider of primarily higher margin software products (Adobe, Citrix. Corel. Microsoft, etc.). ASAP Software Express, Inc. 9-Nov-07 Dell. Inc. 351.000 992.000 38.000 9.2 0.35 Provider of higher margin software products; 3.8% EBITDA margin; Global presence. CDW Corporation 12-Oct-07 VH Holdings, Inc. 6,713,874 7,455,342 535,780 12.5 0.90 EBITDAmargin of 7.2% and revenue growth of 10%. CompuCom Systems, Inc.¹ 3-Oct-07 Court Square Capital Partners 628,000 NA NA 7.0 0.40 Greater than 50% of revenue is high-margin service revenue; Business stabilized since the technology bust; 2004 EBITDA margin of 2.4%. SARCOM, Inc. 17-Sep-07 PC Mall, Inc. 54,181 264,809 8,308 6.5 0.20 LTM revenue growth of 14%; 3.1% EBITDAmargin. PC Wholesale 28-Feb-Q7 S)nnex Corporation 30,000 224,000 NA NA 0.13 Focus on end-of-life and refurbished equipment; Purchases equipment from manufacturers and sell to VARs. Access Distribution GE¹ 31-Dec-06 Avnet, Inc. 427,693 NA NA 6.0 0.20 Focus on complex computing with innovative solutions (network security, storage, and software); Implied EBITDA margin of 3.8%. CompuCom Systems, Inc. l-Oct-04 Platinum Equity 131,133 1,389,061 33,015 4.0 0.09 Strong decline; Decelerating from a 3-year CAGR revenue decline of 19% to an LTM revenue decline of 5%. Median 6.0 0.22 Mean 5.9 0.26 Representative Times: Range of Earnings Capitalization Less: Inlerest- ^Valuation Approach Level Multiples Bearing Debt Range of Value Indications EV/EBITDA² $2,365 _4-0 - 5.0 $1,728 $7,734 - $10,099 EV/Revenue³ 5239,201 0.06 — 0.08 $1.728 $12,624 — $17,408 Range of Value Indications (rounded) | $7,730 SlffiUT] ¹ EBITDA and Revenue multiples referenced from Houlihan Lokey Howard & Zufdn’s fairness opinion contained in the Zones, Inc. proxy, filed on September 4, 2008. EBITDA based on calendar year 2009 Management projections (excludes public company costs). Revenue based on calendar year 2009 Management projections. 12

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS (Cont.) Discounted Cash Flow Method (SOOOs) FREE CASH FLOW 2009 2010 2011 Debt-Free Net Income 598 1,341 1,754 Depreciation & Amortization 525 538 552 Changes in Working Capital 2,485 (294) (628) Capital Expenditures 0 (200) (200) FreeCashFlow 3,608 1,385 1,477 Years to Receipt of Cash Flow (Mid-Year Convention) 0.50 1.50 2.50 Present Value (WACC) Factor @ 18.0% 0.9206 0.7801 0.6611 Present Value of Annual Cash Flow 3,321 1,081 977 Sum of PV of Cash Flows (3 years) 5,378 I I Terminal EBITD A 3,475 Present Value of Terminal Value 9,516 Exit EBITDA Multiple 4.5 Total Present Value 14,895 Terminal Value 15,636 PV Factor 0.6086 EV Value Indication for Operations 14,895 PVof Terminal Value 9,516 Less: Debt 1,728 Equity Value Indication for Operations 13,167 Range of Value Indications: | Sll,850 — S14,550 | Enterprise Value Sensitivity Table 3.5 x 4.0 x 4.5 x 5.0 x 5.5 x 16.0% 11,541 12,654 13,767 14,880 15,993 17.0% 11,292| 12,377 13,462 14,546J 15,631 18.0% 11,052 12,109 13,167 14,224 15,281 19.0% 10,819 11,850 12,881 13,912 14,943 20.0% 10,593 11,598 12,604 13,609 14,615 13

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS (Cont.) Valuation of Allied Restricted Stock Block Size of Subject Shares 745,000 745,000 Share Price as of 9/22/2008 (in Rupees) 696 696 Market Value of Subject Shares 518,147,500 518,147,500 Exchange Rate to $ at 9/22/2008 0.02211 0.02211 Market Value of 745,000 Shares ($OOOs) $11,456 $11,456 Discount (Restricted Stock + Large Block) 30.0% 25.0% Restricted Stock Value of ADS ($OOOs) $8,019 $8,592 14

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS (Cont.) Valuation of EFGS ($OOOs) Range of Value Indications Valuation Methods Low — High Guideline Public Companies Method $11,970 — $13,300 Industry Acquisition Method 15,960 — 18,620 Prior Transaction Method 22,384 — 23,096 Range of Value Indications $16,771 $18,339 ENPT Minority Stake -19.5% Interest $3,270 $3,576 15

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS (Cont.) Valuation of Ovex ($OOOs) Range of Value Indications Valuation Methods Low High Guideline Public Companies Method $2,590 — $3,330 Industry Acquisition Method 2,960 — 3,700 Range of Value Indications (rounded) $2,780 $3,520 Value Indication of 30% Interest in $834 $1,056 16

PRELIMINARY — SUBJECT TO CHANGE V. VALUATION INDICATIONS (Cont.) Valuation of Premier ($OOOs) Range of Value Indications Valuation Method Low High Guideline Public Companies Method $700 — $950 Industry Acquisition Method 830 — 1,080 Range of Value Indications (rounded) $770 $1,020 Less: Indicated value of 48.9% of Preferred Stock Owned by Outside S/H¹ 376 498 51.1 % of Preferred Stock Owned by the Company $394 $522 ¹ The preferred stock liquidation preference totals $1,234,700. This exceeds 100 percent of the Imv and high valuation indications of Premier of $770,000 and $1,020,000, respectively. 17