Wilmar - Mixed calls from analysts.

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

12/30/10	Amfraser	Wilmar	5.69	7.6	Buy
04/25/11	Amfraser	Wilmar	5.35	5.7	Hold
01/10/11	CIMB	Wilmar	5.7	5.6	Neutral	PER14.2x
02/02/11	CIMB	Wilmar	5.3	5.8	Neutral	PER14.2x
02/24/11	CIMB	Wilmar	5.2	5.8	Neutral	PER14.5x
04/25/11	CIMB	Wilmar	5.35	5.8	Neutral	PER14.5x
05/13/11	CIMB	Wilmar	5.09	6.2	Outperform
05/16/11	CIMB	Wilmar	5.35	6.2	Outperform	PER16x
02/24/11	Citigroup	Wilmar	5.2	5.4	Neutral
04/29/11	Citigroup	Wilmar	5.35	5.6	Hold
05/17/11	Citigroup	Wilmar	5.4	6.3	Buy
01/11/11	CLSA	Wilmar	5.7	4.95	Sell
03/16/11	CLSA	Wilmar	5	5.8	Outperform
12/30/10	DBS Vickers	Wilmar	5.69	6.6
01/10/11	DBS Vickers	Wilmar	5.7	6.15	Hold	DCF
05/16/11	DBS Vickers	Wilmar	5.35	6.25	Buy	DCF
05/23/11	DBS Vickers	Wilmar	5.49	6.25	Buy
12/22/10	DIR	Wilmar	5.62	6.73	Outperform	PER14.4x
02/22/11	DIR	Wilmar	5.47	6.73	Buy
03/01/11	DIR	Wilmar	5.09	5.2	Hold
01/10/11	DMG & Partners	Wilmar	5.7	7.88	Buy
02/25/11	DMG & Partners	Wilmar	5.2	6.15	Buy
04/28/11	Goldman Sachs	Wilmar	5.35	5.35	Neutral
02/24/11	HSBC	Wilmar	5.2	6.44	Overweight
01/05/11	JP Morgan	Wilmar	5.5	4.6	Underweight	PER14x
03/07/11	JP Morgan	Wilmar	5.19	5.4	Neutral
12/16/10	Kim Eng	Wilmar	5.92	6.24	Hold	PER15x
01/13/11	Kim Eng	Wilmar	5.72	5.85	Hold	PER15x
02/24/11	Kim Eng	Wilmar	5.2	5.31	Hold	PER15x
05/16/11	Kim Eng	Wilmar	5.2	5.31	Hold	PER15x
02/23/11	Lim & Tan	Wilmar	5.41	0	Sell
12/14/10	OCBC	Wilmar	5.96	6.48	Hold	PER18x
01/10/11	OCBC	Wilmar	5.7	6.48	Buy
01/10/11	OCBC	Wilmar	5.7	6.48	Buy
02/23/11	OCBC	Wilmar	5.41	6.48	Under Review	Downgrade
04/26/11	OCBC	Wilmar	5.31	4.9	Hold	PER16x
05/13/11	OCBC	Wilmar	5.09	4.9	Hold	Under
05/16/11	OCBC	Wilmar	5.35	5.68	Hold	PER16x
12/22/10	phillip	Wilmar	5.92	7.08	Buy	DCF
02/24/11	phillip	Wilmar	5.2	6.42	Buy	DCF
04/25/11	phillip	Wilmar	5.35	6.42	Buy
01/06/11	UBS	Wilmar	5.56	7	Buy
02/23/11	UBS	Wilmar	5.41	5.7	Neutral
04/11/11	UBS	Wilmar	5.37	5.7	Neutral
02/24/11	UOB Kay Hian	Wilmar	5.2	5.8	Hold