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Mercer Cost of Living Survey – Worldwide Rankings, 2009 (including rental accommodation costs) The indices are based on Mercer's cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare their own compensation packages. Rankings City Country COL Index March 2009 March 2008 March 2009 March 2008 1 2 Tokyo Japan 143.7 127 2 11 Osaka Japan 119.2 110 3 1 Moscow Russia 115.4 142.4 4 8 Geneva Switzerland 109.2 115.8 5 6 Hong Kong Hong Kong 108.7 117.6 6 9 Zurich Switzerland 105.2 112.7 7 7 Copenhagen Denmark 105.0 117.2 8 22 New York City US 100.0 100.0 9 20 Beijing China 99.6 101.9 10 13 Singapore Singapore 98.0 109.1 11 10 Milan Italy 96.9 111.3 12 24 Shanghai China 95.2 98.3 13 12 Paris France 95.1 109.4 14 4 Oslo Norway 94.2 118.3 15 89 Caracas Venezuela 93.3 79.3 16 3 London UK 92.7 125 17 14 Tel Aviv Israel 91.9 105 18 16 Rome Italy 91.2 103.9 19 21 Helsinki Finland 90.5 101.1 20 52 Dubai UAE 90.1 89.3 21 19 Vienna Austria 89.3 102.3 22 61 Shenzhen China 89.0 86.3 23 55 Los Angeles US 87.6 87.5 23 70 Guangzhou China 87.6 83.9 25 16 Dublin Ireland 87.4 103.9 26 65 Abu Dhabi UAE 86.7 85.7 27 34 Douala Cameroun 86.1 95.1 28 25 Athens Greece 85.9 97

CoL 2009 Ranking and Price Comparison

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Mercer Cost of Living Survey Worldwide Rankings, 2009 (including rental accommodation costs)The indices are based on Mercer's cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare their own compensation packages.

Rankings March 2009 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 23 25 26 27 28 29 March 2008 2 11 1 8 6 9 7 22 20 13 10 24 12 4 89 3 14 16 21 52 19 61 55 70 16 65 34 25 25 Tokyo Osaka Moscow Geneva Hong Kong Zurich Copenhagen New York City Beijing Singapore Milan Shanghai Paris Oslo Caracas London Tel Aviv Rome Helsinki Dubai Vienna Shenzhen Los Angeles Guangzhou Dublin Abu Dhabi Douala Athens Amsterdam City Country Japan Japan Russia Switzerland Hong Kong Switzerland Denmark US China Singapore Italy China France Norway Venezuela UK Israel Italy Finland UAE Austria China US China Ireland UAE Cameroun Greece Netherlands

COL Index March 2009 143.7 119.2 115.4 109.2 108.7 105.2 105.0 100.0 99.6 98.0 96.9 95.2 95.1 94.2 93.3 92.7 91.9 91.2 90.5 90.1 89.3 89.0 87.6 87.6 87.4 86.7 86.1 85.9 85.7 March 2008 127 110 142.4 115.8 117.6 112.7 117.2 100.0 101.9 109.1 111.3 98.3 109.4 118.3 79.3 125 105 103.9 101.1 89.3 102.3 86.3 87.5 83.9 103.9 85.7 95.1 97 97

Worldwide cost of living rankings 2009 London, embargoed from publication until 00.01 hrs (BST) Tuesday 7 July 2009

Mercer Cost of Living Survey Worldwide Rankings, 2009 (including rental accommodation costs)The indices are based on Mercer's cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare their own compensation packages.

Rankings March 2009 1 30 31 32 33 34 34 34 37 38 38 40 41 41 41 44 45 46 47 48 49 50 51 52 53 54 55 56 57 March 2008 2 45 89 30 74 51 41 78 28 43 31 57 77 39 80 44 75 18 37 40 38 84 5 88 23 46 46 50 101 Tokyo Bratislava White Plains Lagos Tehran Abidjan Dakar San Francisco Madrid Luxembourg Barcelona Algiers Honolulu Brussels Beirut Almaty Miami St Petersburg Munich Frankfurt Berlin Chicago Seoul Amman Istanbul Dusseldorf Riga Hamburg Cairo City Country Japan Slovakia US Nigeria Iran Ivory Coast Senegal US Spain Luxembourg Spain Algeria US Belgium Lebanon Kazakhstan US Russia Germany Germany Germany US South Korea Jordan Turkey Germany Latvia Germany Egypt

COL Index March 2009 143.7 84.8 84.7 84.6 84.1 82.5 82.5 82.5 82.3 82.1 82.1 81.7 81.6 81.6 81.6 81.5 81.4 81.3 81.2 80.9 80.8 80.7 80.6 79.8 79.7 79.5 79.4 78.7 78.5 March 2008 127 90.6 79.3 95.9 82.2 89.6 92.2 81 96.7 91.3 95.2 86.8 81.4 92.9 80.8 90.7 82 103.1 93.1 92.5 93 80.3 117.7 79.6 99.4 90.4 90.4 89.9 75.9

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Worldwide cost of living rankings 2009 London, embargoed from publication until 00.01 hrs (BST) Tuesday 7 July 2009

Mercer Cost of Living Survey Worldwide Rankings, 2009 (including rental accommodation costs)The indices are based on Mercer's cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare their own compensation packages.

Rankings March 2009 1 58 59 60 61 62 63 64 65 66 66 66 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 March 2008 2 91 49 99 63 57 98 57 55 15 107 48 100 29 104 25 31 76 109 111 94 68 31 81 42 112 85 113 54 Tokyo Hanoi Zagreb Boston Taipei Lyon Houston Lisbon New Delhi Sydney Washington Mumbai Ho Chi Minh City Prague San Juan Sao Paulo Rio de Janeiro Tallinn Atlanta Morristown Kuwait City Limassol Stockholm Casablanca Kiev Manama Vilnius Seattle Toronto City Country Japan Vietnam Croatia US Taiwan France US Portugal India Australia US India Vietnam Czech Republic Puerto Rico Brazil Brazil Estonia US US Kuwait Cyprus Sweden Morocco Ukraine Bahrain Lithuania US Canada

COL Index March 2009 143.7 77.7 77.5 77.3 77.0 76.6 76.4 76.3 75.6 75.5 75.5 75.5 74.9 74.6 74.4 74.3 73.9 73.8 73.7 73.5 73.2 73.1 72.3 72.1 71.9 71.8 71.7 71.1 70.9 March 2008 127 79.0 90.0 76.5 86.1 86.8 76.8 86.8 87.5 104.1 74.6 90.3 76.3 96.0 75.4 97 95.2 81.6 73.5 73.1 77.5 84.6 95.2 80.7 91.7 71.1 80.2 70.9 88.1

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Worldwide cost of living rankings 2009 London, embargoed from publication until 00.01 hrs (BST) Tuesday 7 July 2009

Mercer Cost of Living Survey Worldwide Rankings, 2009 (including rental accommodation costs)The indices are based on Mercer's cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare their own compensation packages.

Rankings March 2009 1 86 86 86 89 90 90 92 93 93 95 96 97 98 99 100 101 101 103 104 105 106 107 108 109 109 109 112 113 March 2008 2 123 115 103 66 119 82 36 124 64 96 106 129 105 120 125 95 97 72 137 101 82 71 61 132 128 126 138 35 Tokyo Tianjin Denver Nairobi Calgary Riyadh Ljubljana Melbourne Panama City Vancouver Accra Kuala Lumpur Cleveland Bangkok St Louis Blantyre Leipzig Sofia Montral Santo Domingo Lusaka Jakarta Bucharest Budapest Dacca Portland Jeddah Buenos Aires Warsaw City Country Japan China US Kenya Canada Saudi Arabia Slovenia Australia Panama Canada Ghana Malaysia US Thailand US Malawi Germany Bulgaria Canada Dominican Republic Zambia Indonesia Romania Hungary Bangladesh US Saudi Arabia Argentina Poland

COL Index March 2009 143.7 70.8 70.8 70.8 70.6 70.5 70.5 69.9 69.4 69.4 69.3 69.2 68.9 68.6 68.4 68.3 68.1 68.1 67.9 67.7 67.5 66.9 66.5 66.4 66.1 66.1 66.1 65.7 65.6 March 2008 127 67.9 70.5 75.7 85.4 68.7 80.5 94.2 67.3 85.8 77 75 66 75.1 68.5 67.1 77.1 76.9 83 62.8 75.9 80.5 83.6 86.3 65 66.2 66.8 62.7 95.0

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Worldwide cost of living rankings 2009 London, embargoed from publication until 00.01 hrs (BST) Tuesday 7 July 2009

Mercer Cost of Living Survey Worldwide Rankings, 2009 (including rental accommodation costs)The indices are based on Mercer's cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare their own compensation packages.

Rankings March 2009 1 114 114 116 117 117 119 120 121 122 123 124 125 126 126 128 129 130 131 132 133 134 135 136 137 138 139 140 141 March 2008 2 127 130 57 53 133 122 87 85 115 120 114 66 110 135 92 69 73 136 139 118 133 117 142 108 78 93 141 143 Tokyo Detroit Colombo Brisbane Perth Pittsburgh Guatemala City Bogota Ottawa Lima Kingston Bandar Seri Begawan Birmingham Manila Winston Salem Santiago Glasgow Adelaide Montevideo San Jose Bangalore Tunis Chennai (Madras) Quito Mexico City Auckland Wellington Karachi Asuncion City US Sri Lanka Australia Australia US Guatemala Colombia Canada Peru Jamaica Brunei UK Philippines US Chile UK Australia Uruguay Costa Rica India Tunisia India Ecuador Mexico New Zealand New Zealand Pakistan Paraguay Country Japan

COL Index March 2009 143.7 65.5 65.5 65.3 65.2 65.2 65.1 65.0 64.9 64.6 64.4 64.3 64.0 63.8 63.8 63.5 63.3 61.3 60.9 59.5 59.2 58.4 57.7 56.3 55.5 54.0 52.3 50.7 49.9 March 2008 127 66.3 65.9 86.8 88.5 64.4 68.1 80.1 80.2 70.5 68.5 70.6 85.4 73.4 63.5 78.5 84 82.8 63.2 60.6 69.2 64.4 69.3 54.6 73.6 81 77.6 54.7 52.5

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Worldwide cost of living rankings 2009 London, embargoed from publication until 00.01 hrs (BST) Tuesday 7 July 2009

Mercer Cost of Living Survey Worldwide Rankings, 2009 (including rental accommodation costs)The indices are based on Mercer's cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare their own compensation packages.

Rankings March 2009 1 142 143 March 2008 2 131 140 Tokyo Monterrey Johannesburg City Country Japan Mexico South Africa

COL Index March 2009 143.7 49.8 49.6 March 2008 127 65.8 60.4

(New York = 100)

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Cost of living comparisons in s 2009 Selected cities worldwide(NB purchases at medium-priced establishments)

London Rent of a luxury two bedroom unfurnished apartment (per month) Bus or subway ride Music CD 1 issue of international daily newspaper 1 cup of coffee, including service Fast food hamburger meal One liter of gasoline, unleaded 95 octane Milk, pasteurized whole milk, above 2.5% fat (1lt / 33.8 oz) Spaghetti, pasta (1000 gr / 35.3 oz)

Dublin

Paris

Rome

Amsterdam

Berlin

Athens

Brussels

Madrid

Prague

2400.00

1153.59 1952.23 1419.80

1597.28

1064.85

931.75

1153.59

1242.33

935.06

3.00 11.99 1.40 2.20 3.89 0.90

1.42 15.97 2.22 2.66 6.34 0.89

1.42 15.08 2.22 4.08 5.15 1.06

0.89 17.30 2.22 2.40 5.06 1.00

1.42 17.74 2.22 2.48 5.46 1.11

1.86 15.08 2.22 3.55 4.87 1.03

0.71 16.86 2.66 3.99 4.61 0.84

1.51 16.87 2.22 2.75 5.15 0.98

0.89 18.59 2.22 2.22 4.88 0.80

0.69 18.05 3.73 2.47 3.40 0.81

0.76

0.86

1.29

1.42

0.80

0.79

1.07

0.81

0.89

0.70

2.58

2.47

1.83

1.95

2.22

2.64

1.86

2.29

2.31

2.18

Worldwide cost of living rankings 2009 London, embargoed from publication until 00.01 hrs (BST) Tuesday 7 July 2009

Warsaw Rent of a luxury two bedroom unfurnished apartment (per month) Bus or subway ride Music CD 1 issue of international daily newspaper 1 cup of coffee, including service Fast food hamburger meal One liter of gasoline, unleaded 95 octane Milk, pasteurized whole milk, above 2.5% fat (1lt / 33.8 oz) Spaghetti, pasta (1000 gr / 35.3 oz)

Zagreb

Tokyo

Beijing

Sydney

New York

Buenos Aires

Johannesburg Vancouver

Moscow

1052.16

1015.65

3751.28 2532.35 1170.40

2977.71

1107.98

624.16

1059.89

3462.45

0.53 13.39 2.01 2.01 2.67 0.77

N/A 16.61 2.39 2.39 3.82 0.87

2.25 13.73 1.35 4.50 4.88 0.84

N/A 15.19 3.34 4.56 2.38 0.54

1.44 11.23 3.13 1.80 2.90 0.48

1.38 13.14 1.73 3.05 4.15 0.46

N/A 8.90 3.56 1.38 3.86 0.64

N/A 10.33 2.22 1.25 1.73 0.44

1.39 11.63 1.85 2.22 4.20 0.62

N/A 12.60 5.31 4.85 2.74 0.40

0.55

0.85

1.79

1.82

1.31

1.09

0.75

0.66

0.89

1.29

2.49

2.39

6.27

3.65

2.05

2.74

5.91

3.21

2.47

2.52

Source: Mercer Cost of Living Survey 2009

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