In our Preliminary Results 2000 Report of today, we have discovered a misprint. On page 7, under the IMS share heading, the correct paragraph is enclosed below and also in the attachement.
We believe that an estimated earnings model is the correct model to use for our type of company and thus a model based on the EBITDA earnings of the company multiplied by an assessed factor and deducting the current net debt of MUSD 63. Today most analysts estimate this multiple should be between 6 and 8 which deducting for the net debt gives a value of MUSD 82 or MUSD 131 which equals USD 13.6 or USD 21.8 per share (NOK 121 or NOK 193).