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* The brand value of Coca-Cola includes Diet Coke, Coke Light and Coke Zero
 THE TOP 100                                                                                                          ** The brand value of Pepsi includes Diet Pepsi and Pepsi
                                                                                                                     *** Budweiser’s value includes both Bud Light and Bud
                                                                                                                     **** ING value includes ING Bank and ING Insurance
                                                                                                                          Source: Millward Brown Optimor (including data from BrandZ, Datamonitor, and Bloomberg)



      TOP 100 Most Valuable Global Brands 2009                       TOP 100                                                   TOP 100                                                                              TOP 100
 #    Brand                  Brand Value     % Brand Value      #    Brand          Brand Value   % Brand Value         #      Brand                         Brand Value          % Brand Value             #       Brand                 Brand Value          % Brand Value
                             09 ($M)         Change 09 vs. 08                        09 ($M)      Change 09 vs. 08                                            09 ($M)             Change 09 vs. 08                                         09 ($M)             Change 09 vs. 08

 1                           100,039             16%            26                   21,294           85%               51                                     13,562                   -8%                 76                                8,609                   -1%

 2                             76,249              8%                                                                                         ***
                                                                27                    21,192            9%              52                                     13,292                   23%                 77                                8,601                  36%

 3                 *           67,625            16%            28                   20,059           67%               53                                      13,242                  -6%                 78                                 8,219                 20%

 4                             66,622            20%            29                   19,395             5%              54                                      12,970                  16%                 79                                 8,154                  N/A

 5                             66,575            34%            30                    19,079            3%              55                                     12,549                   33%                 80                                8,052                168%

 6                             63,113             14%           31                   18,945            N/A              56                                     12,396                   17%                 81                                 7,927                -31%

 7                             61,283              7%           32                   18,233            N/A              57                                      12,254                 -17%                 82                                 7,862                 13%

 8                             59,793            -16%           33                    17,965          -25%              58                                      12,061                    8%                83                                 7,852                -20%

 9                             53,727            45%            34                    17,713           -8%              59                                      11,999                  -4%                 84                                 7,777                 -8%

 10                            49,460            33%            35                    17,467         -20%               60                                     10,997                     6%                85                                 7,512                -18%

 11                            41,083            19%            36                   16,353            N/A              61                                      10,991                   N/A                86                                 7,468                 15%

 12                            38,056            36%            37                   16,228          -34%               62                                      10,911                  34%                 87                                 7,427                   7%

 13                            35,163            -20%           38                   16,035           10%               63                                     10,864                   22%                 88                                 7,415                -38%

 14                            29,907            -15%           39                    15,776            5%              64                                      10,841                   N/A                89                                 7,260                -40%

 15                            27,842             -9%           40                   15,499           -14%              65                                     10,586                   48%                 90                                6,992                  -5%

 16                            27,478            100%           41                   15,480          -53%               66                                     10,582                  -17%                 91                                6,922                 -27%

 17                            26,745             -9%           42                   15,422             1%              67                                     10,206                  -13%                 92                                 6,765                -40%

 18                            23,948            -15%           43                    15,076            7%              68                                        9,719                 19%                 93                ****             6,743                -55%

 19                            23,615              9%           44             **    14,996            -3%              69                                       9,491                 -17%                 94                                 6,721                 10%

 20                            23,110             -3%           45                   14,991            -9%              70                                       9,280                -40%                  95                                 6,713                -21%

 21                            22,938             -1%           46                   14,963          -40%               71                                        9,189                 14%                 96                                6,572                  24%

 22                            22,919              6%           47                   14,961            -1%              72                                       8,884                   N/A                97                                 6,571                -17%

 23                            22,851              4%           48                   14,894          -22%               73                                       8,779                 -29%                 98                                6,565                   N/A
              ®




 24                            22,811            16%            49                   14,608          -52%               74                                       8,638                  49%                 99                                6,409                 -19%

 25                            21,438             -6%           50                    14,571          -12%              75                                       8,631                  20%                 100                               6,394                   N/A


17                                                                                                                                                                                                                            BrandZ Top 100 Most Valuable Global Brands 2009     18

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