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To: richardred who wrote (433)	3/18/2006 9:49:45 AM
From: Glenn Petersen	Read Replies (2) \| Respond to of 3862

Once that happens. I see another possible offering. This to pay down some debt for the acquisition. They are also going to need capital for an aggressive expansion plan. Aside from the private placement mentioned in the press release, SVI will have no need to raise any additional capital for the Jamba Juice deal. They currently have over $127 million sitting in the bank. Add in the net proceeds of $198 from the private placement and you have $325 million. The acquisition will cost them $265 million, less liabilities of approximately $16 million. There will be plenty of cash to fund an expansion. I do, however, expect SVI to make additional acquisitions. It looks like Steve Berrard and his team will be staying. Berrard's comments from the press release: "With increased working capital and the experience of SVI's management in rolling out concepts we are very excited about Jamba Juice's ability to expand its current market presence." From Paul Clayton, the President and CEO of Jamba Juice, "…we look forward to leveraging SVI management's experience growing premier consumer brands and its relationships with an outstanding investor group."