BLAINE KITCHENWARE

Case Exhibit 1

Operating Results: / Resultados Operacionales: 2004 2005 2006

Revenue/ingresos 291,940 307,964 342,251
Less: Cost of Goods Sold / menos: costo de ventas 204,265 220,234 249,794
Gross Profit / utilidad bruta 87,676 87,731 92,458
Less: Selling, General & Administrative 25,293 27,049 28,512
Operating Income / utilidad de operación 62,383 60,682 63,946
Plus: Depreciation & Amortization 6,987 8,213 9,914
EBITDA 69,370 68,895 73,860

EBIT 62,383 60,682 63,946

Plus: Other Income (expense) 15,719 16,057 13,506
Earnings Before Tax / utilidad antes de impuestos 78,101 76,738 77,451
Less: Taxes / menos: Impuestos 24,989 24,303 23,821
Net Income / Utilidad Neta 53,112 52,435 53,630
Dividends / Dividendos 18,589 22,871 28,345

Margins: / Márgenes:
Revenue Growth / Crecimiento en Ingresos 3.2% 5.5% 11.1%
Gross Margin / Margen Bruto 30.0% 28.5% 27.0%
EBIT Margin / Margen EBIT 21.4% 19.7% 18.7%
EBITDA Margin / Margen EBITDA 23.8% 22.4% 21.6%
Effective Tax Rate (1) / Tasa Efectiva de Impuestos 32.0% 31.7% 30.8%
Net Income Margin / Margen de Utilidad Neta 18.2% 17.0% 15.7%
Dividend payout ratio / Razón de pago de dividiendos 35.0% 43.6% 52.9%
BLAINE KITCHENWARE
balance general al 31 de diciembre ($ en miles)
Case Exhibit 2

Assets: / Activos: 2004 2005 2006

Cash & Cash Equivalents / Efectivo y Equivalentes de Efectivo 67,391 70,853 66,557
Marketable Securities / Valores Negociables 218,403 196,763 164,309
Accounts Receivable / Cuentas por Cobrar 40,709 43,235 48,780
Inventory / Inventario 47,262 49,728 54,874
Other Current Assets / Otros Activos Circulantes 2,586 3,871 5,157
Total Current Assets / Total de Activos Circuales 376,351 364,449 339,678

Property, Plant & Equipment / Propiedades, Planta y Equipo 99,402 138,546 174,321
Goodwill / Crédito Mercantil 8,134 20,439 38,281
Other Assets / Otros Activos 13,331 27,394 39,973
Total Assets / Total Activos 497,217 550,829 592,253

Liabilities & Shareholders' Equity: / Pasivo y Capital Contable

Accounts Payable / Cuentas por Pagar 26,106 28,589 31,936
Accrued Liabilities / Pasivos acumulados 22,605 24,921 27,761
Taxes Payable / Impuesto por Pagar 14,225 17,196 16,884
Total Current Liabilities / Total Pasivo Circulante 62,935 70,705 76,581
Other liabilities / Otros pasivos 1,794 3,151 4,814
Deferred Taxes / Impuestos Diferidos 15,111 18,434 22,495
Total Liabilities / Total de Pasivo 79,840 92,290 103,890
Shareholders' Equity / Capital Contable 417,377 458,538 488,363
Total Liabilities & Shareholders' Equity / Total Pasivos y Capital Contable 497,217 550,829 592,253
Exhibit 3 Selected Operating and Financial Data for Public Kitchenware Producers

Home & Hearth Design AutoTech Appliances XQL Corp.

Revenue / Ingresos $589,747 $18,080,000 $4,313,300
EBIT 106,763 2,505,200 721,297
EBITDA 119,190 3,055,200 796,497
Net income / Utilidad Neta $53,698 $1,416,012 $412,307

Cash & securities / Efectivo y valores $21,495 $536,099 $21,425

Net working capital* / Capital de trabajo neto* 54,316 1,247,520 353,691
Net fixed assets / Activos fijos netos 900,803 7,463,564 3,322,837
Total assets / Total de activos $976,613 $9,247,183 $3,697,952

Net debt (1) / Deuda Neta $350,798 $4,437,314 $950,802

Total debt / Total Deuda 372,293 4,973,413 972,227
Book equity / Valores en Libros $475,377 $3,283,000 $2,109,400

Market capitalization / Capitalización del mercado 776,427 13,978,375 5,290,145

Enterprise value (MVIC) / Valore de la empresa $1,127,226 $18,415,689 $6,240,947

Equity beta / Beta de capital 1.03 1.24 0.96

LTM Trading Multiples / LTM Comercio Multiple

MVIC/Revenue(ingresos) 1.91x 1.02x 1.45x
MVIC/EBIT 10.56x 7.35x 8.65x
MVIC/EBITDA 9.46x 6.03x 7.84x
Market/Book equity / Mercado/Valores en Libros 1.63x 4.26x 2.51x

Net Debt/Equity / Deuda Neta/Patrimonio 45.18% 31.74% 17.97%

Net Debt/Enterprise Value / Deuda Neta/Valor de la empresa 31.12% 24.10% 15.23%

* Net working capital excludes cash and securities

(1) Net debt is total long term and short term debt less excess cash.

*Capital de trabajo neto no incluye efectivo y valores

(1) La deuda neta es el total a largo plazo más la deuda a corto plazo menos el efectivo en exceso
Bunkerhill, Inc. EasyLiving Systems Blaine Kitchenware
$3,671,100 $188,955 $342,251
566,099 19,613 63,946
610,399 23,356 73,860
$335,073 $13,173 $53,630

$153,680 $242,102 $230,866

334,804 21,220 32,231
815,304 68,788 174,321
$1,303,788 $332,110 $592,253

$238,056 ($64,800) ($230,866)

391,736 177,302 -
$804,400 $94,919 $488,363

3,962,780 418,749 959,596

$4,200,836 $353,949 $728,730

0.92 0.67 0.56

1.14x 1.87x 2.13x

7.42x 18.05x 11.40x
6.88x 15.15x 9.87x
4.93x 4.41x 1.96x

6.01% -15.47% -24.06%

5.67% -18.31% -31.68%
Exhibit 4 Contemporaneous Capital Market Data: April 21, 2007
Anexo 4 Datos del Mercado de Capitales (21 de abril de 2007)

Yields on US Treasury Securities / Rendimientos de los Valores del Tesoro USA

Maturity / Madurez
30 days 4.55%
60 days 4.73%
90 days 4.91%
1 year 4.90%
5 years 4.91%
10 years 5.02%
20 years 5.26%
30 years 5.10%

Seasoned corporate bond yields Default spread

Rendimientos de bonos
corporativos estacionales .
Moody's Aaa 5.88% 0.86%
Aa 6.04% 1.02%
A 6.35% 1.33%
Baa Err:522 Err:522
Ba 7.88% 2.86%
B 8.94% 3.92%