Nortel Networks Corp.

Web Address:  www.nortelnetworks.com
City, Prov:  Brampton, ON
Ownership:  Public
Year Established:  1895

Business Specialties
Communications and infrastructure technology.

Financial Information
Fiscal Year End  : Dec-31
Total Revenue ($000)
   Year End
2005
   Year End
2004
   Percent
Change
   $11,105,640    $9,828,000    13%
Source  : C

Source: A=Publicly available, B=Company approved, C=Branham estimate
Exchange used for all $USD figures was 1.165

Notes:

1. June 7, 2005, Acquired PEC Solutions Inc. (Fairfax VA) for US $471 million. The merger of PEC Solutions and Nortelís U.S. subsidiary, Nortel Networks Inc. (NNI) creates a U.S. entity that will operate under the name Nortel PEC Solutions and will provide mission-critical technology solutions for U.S. federal, state and local governments. 2. December 27, 2005, To acquire Tasman Networks (San Jose, CA), for US $99.5 million. Nortel expects to close the transaction in the first quarter of 2006.