SLIDE 11 B.A.T MUMMIES' OLMCTT-M 1. ZPS GROWTR 15% P.A. 2. ADEQUATE RETUR-11S I'll ALL BUSINESSES cold 3.GOOD GROWT1 POTENTIAL 4.BUSINESSES IN LEADERSRIP POSITIONS S.LnITTED RANGE ACTIVITIES (FOCUS) 6.CONTROLLED RISK:- INDUSTRIAL/GEOGRAPSICAL - DEMEQUITY RATIO BAT Industries document for Province of British Columbia 22 April 1999