38% 8% 0% • UK • UK 38% • Continental Europe • Continental Europe • Asia • Asia • North America • North America Rest of World Rest of World 58% 10 EFTA00780293 The attraction of MEZ (cont.) • Limited income volatility laconic Stability 200% 150% 100% 50% 0% (500/n) 2005 2006 2007 2008…