e DACWeb 11 Google Keyword Search $2.5Billion2003 IABInteractive Advertising Bureau Google Nasdaq 2004/ / /10 Omnicom Group

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1 10 10

2 e DACWeb 11 Google Keyword Search $2.5Billion2003 IABInteractive Advertising Bureau Google Nasdaq 2004/ / /10 Omnicom Group /

3 DAGMAR % 12

4 15 Media Representative 16 AORAgency of Record 13

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6 ( 04/3) 04/3 17 EV(Enterprise Value ) EBITDAEarning Before Interest, Taxes, Depreciation and Amortization EV/EBITDA 18 EBITDA 1015 PER PBR PBR1 EBITDA 15

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