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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD><TITLE>Asset Management Study</TITLE> <META http-equiv=Content-Type content="text/html; charset=windows-1252"> <META content="Microsoft FrontPage 4.0" name=GENERATOR> <META content=FrontPage.Editor.Document name=ProgId> </HEAD> <BODY bgcolor="#CCCCCC" style="background-color: #FFFFFF"> <p style="line-height: 100%" align="left"><font size="2">If you cannot view this document, go to <a href="http://www.guerinassociates.com/Email/Remind2-IBM.htm"><font color="#0000FF">www.guerinassociates.com/Email/Remind2-IBM.htm</font></a></font></p> <P style="color: #ffffff; line-height: 150%; background-color: #0000ff; border-style: solid" align=left><b><font size="2"> FACILITIES FORUM 2004 - ASSET MANAGEMENT BENCHMARKING</font></b></P> <P style="LINE-HEIGHT: 150%" align=left><A href="http://www.guerinassociates.com/Email/images/Remind2-Bldg.gif"><font size="2"><IMG height=190 src="http://www.guerinassociates.com/Email/images/Remind2-Bldg.gif" width=191 v:shapes="_x0000_i1026" align="left"></font></A></P> <p style="line-height: 50%" align="left"> </p> <P style="line-height: 75%" align=left><B><font size="2"><font color="#0000FF"> </font></font><u><font size="4" color="#808080">Facilities and real estate professionals want to know:</font></u></B></P> <P style="color: #ffffff; line-height: 100%" align=left><i><font color="#000000" size="2"> How do we determine the appropriate <U>capital investment levels</U>?</font></i></P> <P style="color: #ffffff; line-height: 100%" align=left><i><font color="#000000" size="2"> What are the <U>right ratios</U> for facilities renewal? upgrades? new space?</font></i></P> <P style="color: #ffffff; line-height: 100%" align=left><i><font color="#000000" size="2"> What are the <U>major cost drivers</U> for different types of investment?</font></i></P> <p style="line-height: 100%" align="left"> </p> <p style="line-height: 150%" align="left"><b><font color="#FF0000" size="2"><u>NOTICE OF PROJECT EXTENSION</u></font></b></p> <P style="line-height: 75%" align=left><font size="2">In response to requests, responses to this survey are now due <B><font color="#FF0000">MARCH 31, 2004</font></B></font></P> <P style="line-height: 75%" align=left><font size="2">An electronic copy is available for your convenience: <a href="http://www.guerinassociates.com/Email/ibm_survey.doc"><font color="#0000FF"><b>IBM SURVEY</b></font></a></font></P> <p style="line-height: 75%" align="left"> </p> <P style="line-height: 75%" align=left><font size="2">You may also participate in the data portion only, by completing Sections A & B.</font></P> <P style="line-height: 75%" align=left><font size="2">Participants will receive a report of comparative results, <U>at no cost to your company</U>.<BR><BR>Feel free to email or call Guerin Associates <B><font color="#FF0000">(908-903-9070)</font></B> for any clarifications.</font> </P> <P style="line-height: 75%" align=left><font size="2">We hope you'll be joining with other leading companies in this important project.</font> </P> <p style="line-height: 75%" align="left"> </p> <P style="line-height: 75%" align=left><B><font size="2">Michael F. Guerin AIA, PE</font></B> </P> <P style="line-height: 50%" align=left><font size="2">President, Guerin Associates, Inc.</font> </P> <p style="line-height: 50%" align="left"><font size="2"><u>Contact us:</u> <a href="mailto:[email protected]"><font color="#0000FF">[email protected]</font></a></font></p> <p style="line-height: 75%" align="left"><font size="2"><u>About Guerin Associates:</u> <a href="http://www.guerinassociates.com"><font color="#0000FF">www.guerinassociates.com</font></a></font></p> <P style="LINE-HEIGHT: 100%" align=left><A href="http://www.guerinassociates.com/Email/images/Remind1-Logo.gif"><font size="2"><IMG height=80 loop=0 src="http://www.guerinassociates.com/Email/images/Remind1-Logo.gif" width=240 align=middle border=0></font></A></P> <P style="LINE-HEIGHT: 100%" align=left><I><font face="Brush Script MT" color="#0000ff" size="3">"Opening a Window to World Class Performance"</font></I></P> </BODY></HTML>