O2 (OOM) CHARTS & NEWS 2005

31.10. 05 TELEFONICA BID FOR £17.7B

Analysts' views
West LB 138p (11.3.05), 138p (21.3.05) 138p (21.4.05)
JP Morgan 140p (14.3.05) (17.5.05) (18.7.05)
Deutsche 200p (28.9.05) (11.10.05)
Merrill Lynch 140p(29.3.05), (18.5.05)
Morgan Stanley 144p (11.4.05) 142p (19.5.05) 31.8.05(175P)
DKW 140p (11.4.05), (18.5.05) 170p (19.8.05)
Citigroup 115p (15.4.05)
CSFB 116.25p (18.4.05) 130p (1.6.05) (12.7.05) 160p (29.9.05)
Lehmans 135p (19.3.05) 150p (11.7.05)
Cazenove 140p (24.3.05) upside 150 with takeover
ING 140p (1.6.05) 145 (21.7.05) 160p (29.9.05)
ABN Amro 155p (13.6.05) (12.7.05) 180p (26.9.05)
Investec 149p (14.7.05) 150p(20.7.05)
Smith Barney 150p (2.9.05)

TAKEOVER NEWS
July - Deutsche Telecom had protracted talks with O2 but said auf wiedersehn
August - DT and KPN scrap £14b O2 bid at 11th hour.
31.10. 05 TELEFONICA BID FOR £17.7B