50% CONFIDENCE LEVEL					gTLD CONSORTIUM												gTLD CONSORTIUM												gTLD CONSORTIUM												gTLD CONSORTIUM												gTLD CONSORTIUM
						Detail P&L												Detail P&L												Detail P&L												Detail P&L												Detail P&L
												400,000	300,000
P&L
						Year 1												Year 2												Year 3												Year 4												Year 5
		Period				1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11	12
Revenue												<---------SUNRISE PERIOD---------->
	Monthly Growth Rate											0%	-25%	QUIET	0%	-33%	-38%	-20.0%	4.5%	4.5%	4.5%	4.5%	4.5%	1.5%	1.5%	1.5%	1.5%	1.5%	1.5%	1.5%	1.5%	1.5%	1.5%	1.5%	1.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%	0.5%
	New Domains Registered	300,000										400,000	300,000		900,000	600,000	375,000	300,000	313,500	327,608	342,350	357,756	373,855	379,463	385,155	390,932	396,796	402,748	408,789	414,921	421,145	427,462	433,874	440,382	446,988	449,223	451,469	453,726	455,995	458,275	460,566	462,869	465,183	467,509	469,847	472,196	474,557	476,930	479,315	481,712	484,121	486,542	488,975	491,420	493,877	496,346	498,828	501,322	503,829	506,348	508,880	511,424	513,981	516,551	519,134
	Initial Annual Subscription Terms (Enter as Integer)
	Weighted Avg. Initial Subscription Term 1	2.1 Years										2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1	2.1
	Sunrise Period Subscription Term (Only)	5.0 Years										5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0
	Domain Years
	Domain Years - Term 1 Subscriptions (Sales Units)											-	-	-	1,890,000	1,260,000	787,500	630,000	658,350	687,977	718,935	751,288	785,096	796,872	808,826	820,957	833,272	845,771	858,457	871,334	884,405	897,670	911,135	924,802	938,675	943,368	948,085	952,825	957,590	962,378	967,189	972,025	976,884	981,769	986,679	991,612	996,570	1,001,553	1,006,562	1,011,595	1,016,654	1,021,738	1,026,848	1,031,982	1,037,142	1,042,327	1,047,539	1,052,776	1,058,041	1,063,331	1,068,648	1,073,990	1,079,360	1,084,757	1,090,181
	Domain Years - Sunrise Period Subscriptions (Sales Units)											2,000,000	1,500,000
	New Domains Total Domain Years - (Sales Units)											2,000,000	1,500,000	-	1,890,000	1,260,000	787,500	630,000	658,350	687,977	718,935	751,288	785,096	796,872	808,826	820,957	833,272	845,771	858,457	871,334	884,405	897,670	911,135	924,802	938,675	943,368	948,085	952,825	957,590	962,378	967,189	972,025	976,884	981,769	986,679	991,612	996,570	1,001,553	1,006,562	1,011,595	1,016,654	1,021,738	1,026,848	1,031,982	1,037,142	1,042,327	1,047,539	1,052,776	1,058,041	1,063,331	1,068,648	1,073,990	1,079,360	1,084,757	1,090,181
	New Domains Up For  Renewal
	Initial Subscription Domains Up For Renewal (Term 1)														-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	900,000	600,000	375,000	300,000	313,500	327,608	342,350	357,756	373,855	379,463	385,155	390,932	396,796	402,748	408,789	414,921	421,145	427,462	433,874	440,382	446,988	449,223	451,469	453,726	455,995	458,275
	Second Renewal Period  Domains Up For Renewal (Term 1)														-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	630,000	420,000	262,500	210,000	219,450	229,326	239,645	250,429
	Sunrise Subscription Terms Up For Renewal											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Renewal Rate	70%										-	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%	70%
	Domains Renewed after Initial Registration (Term 1 Subscriptions)											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	630,000	420,000	262,500	210,000	219,450	229,326	239,645	250,429	261,699	265,624	269,609	273,652	277,757	281,924	286,152	290,445	294,802	299,223	303,712	308,267	312,892	314,456	316,028	317,608	319,197	320,793
	Second Renewal Period Domains Renewed											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	441,000	294,000	183,750	147,000	153,615	160,528	167,752	175,300
	Domains Renewed (Sunrise Period Subscriptions)											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Total Domains Renewed											-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	630,000	420,000	262,500	210,000	219,450	229,326	239,645	250,429	261,699	265,624	269,609	273,652	277,757	281,924	286,152	290,445	294,802	299,223	744,712	602,267	496,642	461,456	469,643	478,136	486,948	496,093
	Weighted Avg. Renewal Term Following Initial Registration Period	1.5 Years										1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5