SPH - Mixed calls from analysts.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

05/18/10	CIMB	SPH	3.84	4.5	Outperform
06/02/10	CIMB	SPH	3.69	4.43	Outperform	Sum of parts
07/13/10	CIMB	SPH	3.93	4.47	Outperform	Sum of parts
09/03/10	CIMB	SPH	4.15	4.47	Outperform	Sum of parts
10/13/10	CIMB	SPH	4.22	4.51	Neutral	Sum of parts
01/17/11	CIMB	SPH	3.98	4.51	Neutral	Sum of parts
04/14/11	CIMB	SPH	3.98	4.29	Neutral	Sum of parts
05/27/10	DBS Vickers	SPH	3.73	4.42	Buy	Sum of parts
06/04/10	DBS Vickers	SPH	3.79	4.42	Buy
07/13/10	DBS Vickers	SPH	3.93	4.42	Buy	Sum of parts
08/23/10	DBS Vickers	SPH	3.98	4.42	Buy
09/08/10	DBS Vickers	SPH	4.18	4.52	Buy	Sum of parts
10/13/10	DBS Vickers	SPH	4.22	4.37	Hold	Sum of parts
01/17/11	DBS Vickers	SPH	3.98	4.37	Hold
04/14/11	DBS Vickers	SPH	3.98	4.2	Hold	Sum of parts
04/18/11	DBS Vickers	SPH	3.93	4.2	Hold
07/13/10	DMG & Partners	SPH	3.93	4.31	Neutral	Sum of parts
10/13/10	DMG & Partners	SPH	4.22	4.11	Neutral
01/17/11	DMG & Partners	SPH	3.98	4.11	Neutral	Sum of parts
04/14/11	DMG & Partners	SPH	3.98	4.12	Neutral	Sum of parts
07/13/10	Kim Eng	SPH	3.93	4.62	Buy	Sum of parts
09/07/10	Kim Eng	SPH	4.17	4.62	Buy	Sum of parts
10/13/10	Kim Eng	SPH	4.22	4.7	Buy	Sum of parts
01/17/11	Kim Eng	SPH	3.98	4.75	Buy
03/31/11	Kim Eng	SPH	3.89	4.75	Buy	Sum of parts, PER11x
04/14/11	Kim Eng	SPH	3.98	4.68	Buy	Sum of parts
07/13/10	Lim & Tan	SPH	3.93	0	Buy
09/03/10	Lim & Tan	SPH	4.15	0	Buy
10/04/10	Lim & Tan	SPH	4.24	0	Buy
10/13/10	Lim & Tan	SPH	4.22	0	Buy	Div Yield 6.4%
07/13/10	OCBC	SPH	3.93	4.63	Buy	Sum of parts
09/02/10	OCBC	SPH	4.08	4.63	Buy
01/17/11	OCBC	SPH	3.98	4.59	Buy
04/14/11	OCBC	SPH	3.98	4.32	Hold
10/14/10	UOB Kay Hian	SPH	4.25	4.35	Hold