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The Global Chicago

Business Center of North America

Chicago’s Business Advantages

A strongly pro-business environment

Convenient access to global markets and financial centers

A tolerant and culturally diverse city with the full-spectrum of ethnic amenities

Easy access to North American operations and customers

A unique combination of business resources, quality of life, and great people

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Our Economic Operating Principles

Economic diversification is both the safest and the most fertile strategy

Location and infrastructure are still strategic drivers

Human capital is the primary economic driver

A world-class quality of life is built on a prosperous middle-class

A Northern Hemisphere Hub

Center of the North American economy

East-west nexus linking markets of Europe and Asia…And north-south nexus of NAFTA

Central location & time zone eases business travel and communications with both U.S. coasts

U.S. #1 connection point for air, rail, highway, telecommunications, and Internet

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Only dual “dual-hub”airport system in North America --handling over 3,400 flights per day

Within a 4-hour flight to all major North American destinations – 134 nonstop domestic routes

Nonstop global gateway to 65 international business capitals

Global Reach

Location, location, location

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As Big as a Country

9.5 million population in metro area1.9% growth from 2003-2006174,250 people added

4.5 million workers2.4% growth from 2003-2006107,800 non-farm jobs added

As Big as a Country

Chicago is the heart of a fourteen county MSA (U.S. statistical unit) … with an annual Gross Regional Product (GRP) of

$453 billion

LakeMcHenry

DeKalb

KaneCook

DuPage

Kendall

Grundy

Will

308,550708,000

98,000

494,500

79,7000

42,650

653,400

935,900

2,458,850 City of Chicago2,848,100

Key

County Name

Population Size

Kenosha159,700

Lake

Porter

Newton

Jasper

494,150

158,000

14,400

32,250

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Economy Rivaling NationsRank

123456791011121314151617181920

Country or Metro Area

United StatesJapanGermanyChinaUnited KingdomFranceItaly CanadaBrazilNew York, NY-NJ-PA MSARussian FederationIndiaKoreaMexicoAustraliaLos Angeles, CA MSANetherlandsChicago, IL-IN-WI MSATurkey

Gross Product

13,2024,3402,9072,6682,3452,2311,8451,2521,0681,048

987906888839768665655453402

(2006 $ billion)

Mid-America Economy

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Mid-America EconomyRank

1 2345679101112131415161718

Country or Metro Area

United StatesJapanGermanyMid-AmericaChinaUnited KingdomFranceItaly CanadaBrazilSouth KoreaIndiaMexicoRussian FederationAustraliaNetherlandsSwitzerland

Gross Product

12,4554,5062,7822,6032,2292,1932,1101,7231,115

794788786768764701595366

(2005 $ billion)

Mid-America EconomyNon-Farm Economy

$2.6 trillion GDP (19% of US/Canada)28.9 million Employment (22% of US/Canada)35 Global Fortune 500 HQs29 Industry Week Global 1000 HQs

Industry specializations:- automobiles - primary & fabricated metals- pharmaceuticals; paint, coating &

adhesives; and soap & cleaning compounds

- heavy machinery- food, especially: animal food; grain &

oilseed milling; fruits & vegetables; and dairy

- plastics & rubber products- glass & other non-metallic minerals- converted paper products- wood products

- wholesalers, especially: motor vehicles, parts & supplies; metals & minerals; heavy machinery; and farm product raw materials

- electrical equipment & household appliances

- printing & related support activities- office furniture- general freight trucking- utilities- insurance- educational services- hospitals

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Mid-America Economy (cont.)

Demographics67.4 million People (21% of US/Canada)25.7 million households (21% of US/Canada)

Agriculture$57.2 billion GDP (22% US/Canada)598,750 farms (25% US/Canada)158 million acres (14% US/Canada)122.3 million acres of cropland (23% US/Canada)Livestock & Poultry- 2.8 million milk cows (28% US/Canada)- 32.3 million hogs & pigs (44% US/Canada)- 123.7 million egg producing chickens (34% US/Canada)

Harvested Crops- 132.6 million metric tons of corn (for grain) (58% US/Canada)- 638,600 metric tons of oats (for grain) (34% US/Canada)- 45.4 million metric tons of soybeans (60% US/Canada)

30 Fortune 500 HQs 12 Fortune Global 50010 FT Global 500

160 corporate headquarters

A “global service center of the world economy…linked with the top ten connected cities with the likes of Paris and Singapore…

“After Chicago [ranked 7th], the next U.S. city from a non-coastal state is Denver, ranked 73rd globally.”- ‘World City Network,’ Brookings Institution

International Business Leader

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Over $40 billion in foreign direct investment*

1,500 foreign firms in and around Chicago

$88 billion in imports from 180+ countries

$42 billion in exports to 200+ countries

77 Consulates/Consuls General; fastest growing consular corps in the U.S.

100 different international trade organizations

More than 30 international Chambers of Commerce

*Note: measured in PPE (gross property, plant and equipment value)

International Business Community

Leading business presence in the Chicago area, by country:

Country Parent Companies Locations

Japan 300 950U.K. 175 750Canada 170 400Germany 150 400France 120 350Switzerland 85 225Netherlands 60 450

Largest foreign-owned employer: ABN-AMRO, Netherlands

International Business Community

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Leading foreign employers:

Country Company Name

Netherlands ABN-AMRO N.V.Canada Bank of Montreal (Harris Bank)Switzerland Zurich GroupU.K. HSBCGermany Siemens AGFrance Alcatel-LucentJapan Matsushita Electrical

Total FDI employment is 200,000+ (equals 5% of metro)

Leading Foreign Employers

Italy-Chicago Connections

Italian Consulate–General in Chicago

Italian-American Chamber of Commerce Midwest, Chicago

Chicago-Milan Sister City relationship, since 1973

81,000 Italian-Americans in Chicago, 552,000 in the metropolitan area; many Italian-American community organizations

Daily nonstop flights, Chicago-Milan and Chicago-Rome, spring to fall; slightly fewer flights in winter

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Italy-Chicago Connections, Cont.

Leading Italian Companies, Chicago Area:

CNH Global (FIAT S.p.A.)HMSHost (Edizione Holding S.p.A.)LensCrafters, Sunglass Hut International (Luxottica Group S.p.A.)

40+ Italy-based companies, more than 170 locations

Trade, Chicago Customs District – Italy, 2006:

Exports $757 millionImports $2.826 billionTotal $3.583 billion

America’s Major Diversified Economy

Metro Area

Chicago, IL Atlanta, GAMiami, FLPhiladelphia, PADallas, TXRiverside, CALos Angeles, CABoston, MASan Francisco, CANew York, NYHouston, TX Detroit, MIWashington, DCSan Jose, CA*

Diversity Score

94.093.491.990.590.489.584.483.282.381.175.566.256.348.1

Source: Moody’s Investor Services * Note, only metros with a labor force of 2+ million (except San Jose)

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A Highly Diverse Labor PoolMajor Occupational GroupManagement OccupationsBusiness and Finance Operations OccupationsComputer and Mathematical OccupationsArchitecture and Engineering OccupationsLife, Physical and Social Science OccupationsCommunity and Social Service OccupationsLegal Occupations Education, Training and Library OccupationsHealthcare Practitioner and Technical OccupationsHealthcare Support OccupationsProtective Service OccupationsFood Preparation and Serving Related OccupationsBuilding and Grounds Cleaning and Maintenance OccupationsPersonal Care and Service OccupationsSales and Related OccupationsOffice and Administrative Support OccupationsConstruction and Extraction OccupationsInstallation, Maintenance and Repair OccupationsProduction Occupations

Employment218,100228,150112,90068,15034,95047,25037,500

276,400219,70091,000

108,950313,100155,400105,550469,650757,600175,900148,050364,100

Economic Drivers

ChemicalsPackaging & ContainersPrintingPrimary MetalsFabricated MetalsMachineryElectrical Equip./Comp. & AppliancesDurable & Non-Durable Goods WholesalersTransportation, Logistics & WarehousingInternet Publishing & BroadcastingSecurities & Commodities TradingProfessional & Technical ServicesEmployment, Investigation & Security ServicesArts, Entertainment & RecreationBusiness, Professional & Social Non-Profits

Banking & InvestmentInsuranceManagement of CompaniesColleges & Universities

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Prof. & Business Services LeaderEmployment

2000-2006 Total Jobs Change +/-Chicago 729,000 - 1,900 -<1%Los Angeles 869,400 22,400 + 1%New York 1,268,600 -16,600 - 1%Washington, DC 666,300 109,800 +20%

2003 – 2006 Change +/-Chicago 65,300 +10%Los Angeles 56,900 +7%New York 47,800 +4%Washington, DC 79,400 +14%

Financial Services PowerGlobal risk-management innovator and global leader in options, futures and derivatives trading

Top 2005 Global Derivatives Centers (by vol. trade)Chicago 2.24 billionFrankfurt/Zurich 1.25 billionNew York 0.89 billionLondon 0.54 billionSao Palo 0.47 billionParis 0.24 billionPhiladelphia 0.16 billionSan Francisco 0.14 billionMumbai 0.13 billionAmsterdam 0.12 billion

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Chicago’s Exchanges

When it comes to scale, the U.S. derivatives market isstill the biggest single market in the world and of courseChicago is at its center

2005 Notional Value of All Contracts Traded at Top 5 Exchanges (U.S. $ trillion)

Chicago Mercantile Exchange $638EuronextLiffe $383Chicago Board of Trade $114Chicago Board Options Exchange $13Eurex $<1

Still… A Manufacturing Leader

488,500 jobs$55.4 billion GRP #1 Food (GRP)

#1 Paper (Emp. & GRP)

#1 Plastics & Rubber (Emp. & GRP)

#1 Primary Metals (Emp. & GRP)

#1 Fabricated Metals (Emp. & GRP)

#1 Machinery (Emp. & GRP)

#1 Electrical Equipment/Comp. & Appliances (Emp. & GRP)

#2 Chemicals (Emp. & GRP)

#2 Nonmetallic Minerals (Emp.)

#2 Printing (GRP)

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Technopolis Chicago

Chicago’s technology strength lies in information intensive industries

407,750 info-tech workersNearly $69.8 billion GRP

with particular specialization in:Communications EquipmentWire TelecommunicationsData Processing & Hosting ServicesSecurities & Commodities TradingOther Financial InvestmentInsurance/Risk ManagementComputer Systems DesignManagement & Technical ConsultingScientific R&D ServicesManagement of Companies

Asia-Europe Container Hub

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Intermodal Capital of North America

World’s #5 intermodal container handler (after Hong Kong, Singapore, Shanghai and Shenzhen)

#1 in Western Hemisphere

Chicago handled 13.98 million twenty-foot equivalent units (TEUs) of intermodal freight in 2005

Twice as much as L.A./Long Beach4 times as much as NY/NJ

America’s only 50%/50% Asia/Europe transit point

Freight & Distribution Center

Interchange of all six Class-One North American railroads and six U.S Interstates

50% of U.S. rail freight passes through Chicago’s rail yards

37,500 rail carloads and 417,000 truckloads of freight leave Chicago each day

Consistent construction activity has grown the warehouse/distribution inventory to 525 million sq. ft. (48,774,100 sq m)

21.6 million sq. ft. (2 million sq. m) currently under construction

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Telecommunications Hub

No other place in the world rivals Chicago’s advanced telecommunications infrastructure and the interconnection of regional, national and international networks

#1 U.S. commercial terrestrial telecom network25.7 terabytes/second lit capacity (915 Tbps total capacity)

153 lit fiber pairs (1,140 total fiber pairs)18 fiber providers31 bandwidth providers

27 of 28 U.S./Canadian NSPs have a POP (point-of-presence) in the Chicago area

All of this technology comes together in downtown Chicago

Chicago and New York are the only U.S. cities with concentrated commerce downtown but only Chicago has room to grow

119.9M sq. ft. (11.1M sq. m) of office space with nearly 1.35M sq. ft. (125,419 sq. m) now under construction

10 Fortune 500 companies within walking distance of each other

666,400 people flow downtown each business day – 55% of whom arrive via mass transit

Dynamic Environment

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Labor pool access to over 4.1 million potential employees provided by 3,700 square mile public transit network.

Variety of transit choices available: Long distance rail, short distance rail, bus, taxi, private vehicle – and even seasonal river taxis

Map at right: Inter-city commuter rail network radiating up to 70 miles (110 km) from downtown Chicago

Workforce Access

A Strong Trend to Downtown Chicago’s In-City talent pool magnet has attracted:

United Airlines World HQ Mittal Steel USA HQMoto City (Motorola R&D) + growingBrunswick Finance, Tech, and now R&DPepsiCo FoodsWrigley Global Innovation CenterThe Boeing Company HQChase (retail and middle market HQ)Hyatt CenterIntegrys Energy Group HQ (from

Wisconsin)

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Recent Downtown Decisions

CareerBuilder HQGoogleNavteq HQGrubb & Ellis HQCNA HQ retention, expansionPepsiCo Foods HQYMCA of the USAUSG Corporation HQUBS, North American HQDynasty Healthcare (S. Africa), North America HQABN Amro, North America HQHyatt Center, global HQLife Fitness HQSynovate HQ for The Americas

300,000+ people live in neighborhoods in and around the CBD39% have a bachelors degree – 2.5 times the national average

29% have graduate degrees – 3.3 times the national average25-34 year olds prefer downtown and nearby neighborhoods morethan any other U.S. metro52,000 students attend college downtown

Vibrant Downtown

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= <50 minute drive

Talent Within Reach

2.4+ million working age adults are within a 50 minute commute of downtown Chicago

Occupations357,350 management, business, & financial

operations536,750 professional & related352,550 service667,600 sales & office2,050 farming, fishing & forestry185,650 construction, extraction & maintenance308,150 production, transportation & material

moving

Nearly 560,000 students enrolled in 126 higher education institutions including colleges, universities, community colleges, and independent institutions

6 medical schools, including nation’s largest, and 31 teaching hospitals

Over 26,100 Master’s degrees, 3,600 Professional Degrees, and 1,700 Doctoral degrees awarded annually

Illinois institutions of higher education host more than 25,000 foreign students

Higher EducationExcellence

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Nobel-Laureate Universities

University of Chicago has generated more Nobel Laureates (79) than any other American university

Overall, Chicago has a total of 84 Nobel Prizewinners

Chicago is home America’s two top business schools (Business Week annual survey):

Kellogg School of Management, N.U. (#1)Graduate School of Business, U of C (#3)

The Economist 2006 MBA Global Rankings#4 Graduate School of Business, U of C#6 Kellogg School of Management, N.U.

Continuing Achievement

3 of top 10 part-time M.B.A. programs

University of Chicago#2 Part-time M.B.A.

Northwestern University#3 Part-time M.B.A.

DePaul University#9 Part-time M.B.A.

Source: U.S. News & World Report

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Over 330+ companies operate R&D facilities in the Chicago metro area

Notable R&D facilities include:- Argonne National Lab- The Center for Nanoscale

Materials at Argonne- Fermi National Accelerator Lab- The Illinois Medical District- The Chicago Technology Park- The Illinois Science & Tech Park- Kellogg Center for Biotechnology- Northwestern U. Center of

Nanotechnology- IIT, University Tech Park &

Incubator

Center for Innovation

The World’s City

Chicago speaks over 132 languages and communicates through more than 130 foreign-language media

Chicago’s Office of Emergency Management and Communications (OEMC) can answer 9-1-1 emergency calls in 149 languages and dialects

26 different ethnic groups with a population greater than 25,000

…many with their own grocery stores, restaurants, civic organizations and houses of worship

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Building America’s Best CityUnder Mayor Daley’s leadership, the City of Chicago has invested $18 billion in public infrastructure since 1989, to ensure Chicago’s preeminence as a leading global city for the future

Winning Results

Chicago has been the #1 U.S. metro for corporate investments in commercial and industrial projects for 5 of past 6 years (Site Selection Magazine):

2001 -- 884 new and expanded facilities

2002 -- 574 (and 293 more than #2 NYC)

2003 -- 336 (and 45 more than #2 NYC)

2005 -- 389 (80 more than #2 Dallas-Ft. Worth)

2006 – 165 (55 more than #2 D.C.)

The Financial Times’ fDI Magazine has named Chicago “North American City of the Future” for foreign direct investment, 2007-08; follows 2005-06 title

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World’s Destination

11.3 million business travelers

44.2 million business and leisure travelers

1.1 million international travelers*

7.1 million domestic group meeting travelers*

The largest convention center (McCormick Place)2.7 million square feet of exhibit space2.2 million attendeesJust 3 miles (4.5 km) south of downtown’s 30,000+ hotel rooms

*Note, these stats are from 2005

Worldly Amenities4 of Zagat’s top 25 U.S. hotels are in downtown Chicago

Peninsula Chicago (1)Four Seasons (2)Ritz-Carlton (18)Park Hyatt (23)

“Chicago is emerging as a cradle of the first truly adult American cooking” – New York Times

Five Star: Charlie Trotter’sNine Four Star restaurants (Mobil Travel Guide)

Only city with three Tony-Award winning regional theater companies

World famous “classic” culture, world famous “cool” culture

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Office Cost Comparison

London (City) $165 / $1,784Tokyo (Inner Central) $162 / $1,744Hong Kong $97 / $1,046New York (Midtown) $69 / $747Milan $68 / $733 Toronto (CBD) $52 / $562Shanghai (Pudong) $52 / $560Rome $50 / $542New York (Downtown) $46 / $496Washington, D.C. (CBD) $44 / $474San Francisco (CBD) $36 / $385Los Angeles (CBD) $24 / $256Chicago (CBD) $22 / $242

Total annual office space operating costs, in $ per sq.ft/sq. m

Cost of Living

Source: C2ER Cost of Living Index, Q4 2006 except Detroit (Q3 2006)

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The Good Life“An American Success Story” - The Economist 2006

Chicago has all the qualities of a cosmopolitan metropolis, yet remains affordable to companies, individuals and families in a way that other global cities are not

Chicago offers an unparalleled variety of places to live – downtown penthouses, urban neighborhoods, suburban communities, rural farm houses

Spouses, children, and grandchildren all find worlds of opportunity in Chicago

80 miles/129 km. of public shoreline including 94 vacation beaches

A vast fresh water sea

5200+ boat slips, the most public boat slips in the US*

Museum Campus – Field Natural History Museum, Shedd Aquarium, Adler Planetarium

Millennium Park (2005), Grant Park, Lincoln Park

Lake Shore Drive

*In the City of Chicago alone

The Lakefront

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Home to world-renowned Chicago Symphony, Lyric Opera and Joffrey Ballet

500+ museums, including Art Institute of Chicago (finest Impressionist collection outside Paris)

200+ theater companies

12,250+ restaurants (3,650+ within the City of Chicago)

A Great Place to Live

35+ museums in the City

The Field Museum -- the home of Sue, the world's most complete Tyrannosaurus Rex skeleton

The Adler Planetarium -- the largest collection of astronomy artifacts in the Western Hemisphere

The Shedd Aquarium -- the largest indoor aquarium

Children’s Museum -- three floors of engaging and educational exhibits

Museums, Museums,Museums…

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Cities Rated and Ranked gives Chicago a 99 out of 1006 of the top 100 golf courses in the nation, according to Golf DigestChicago has the best public golf courses in America (Golfweek and Golf Digest)18 casinos/gambling facilitiesA top-10 bicycling city (Bicycling Magazine)Top 10 walking city (Chicago and Naperville) 832 movie theater screens20 amusement parksHorse racing (thoroughbred & harness)10 Major League sports franchises

RecreationalAmenities

Why Chicago?

Location, location, location

Depth of quality talent

Business friendly and efficient

Quality of life

“The quintessential American city.”-New York Times

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Contact UsWorld Business Chicago177 North State Street, Suite 500Chicago, Illinois 60601

Phone: 1.312.553.0500Fax: 1.312.553.4355

E-mail: wbc@worldbusinesschicago.comWebsite: www.worldbusinesschicago.com

Better yet, come see Chicago for yourself, and we’ll introduce you around.