Document e5LyN5ON2dBb3KjLk878p8rvE

elOvk Page 31 of 84 Table of Contents The table below provides information about Cooper's derivative financial instruments and other financial instruments at December 31,2004 that are sensitive to changes in interest rates Additionally, information on foreign denominated debt obligations that are sensitive to foreign currency exchange rates is presented For debt obligations the table presents principal cash flows by expected maturity dates and weighted average interest rates The information is presented in U S Dollar equivalents The actual cash flows are denominated in U S Dollars, Euros and British Pound Sterling as indicated in parentheses For interest-rate swaps, the table presents notional amounts and weighted average interest rates by contractual maturity dates Notional amounts are used to calculate the contractual payments to be exchanged under the contract The average pay-rate on interest-rate swaps is based on implied forward-rates in the yield curve as of December 31, 2004 Long-term debt 2005 2006 2007 2008 ($ in millions) 2009 Thereafter Total Fixed-rate (U S Dollar) Average interest-rate Fixed-rate (Euro) Average interest-rate Variable-rate (GBP) Average interest-rate $229 4 $1 22 $300 8 $100 4 $275 0 $ 5 8% 5 5% 5 6% 5 6% 5 5% $409 1 $-- 6 3% -- $-- -- $-- -- $-- -- $ $ 26 9 $-- 4 5% -- $-- -- $-- -- $-- -- $ 22 6 8% __ -- __ -- $920 0 5 8% $409 1 6 3% $ 26 9 4 5% Variable-rate (U S Dollar) Average interest-rate $-- $-- $-- $-- $-- $ 80 $ 80 2 4% 2 4% 2 4% 2 4% 2 4% 2 4% 2 4% Interest-rate swaps Fixed to variable Notional amount!1) Average pay-rate Average receive-rate $300 0 5 06% 5 25% $300 0 5 71% 5 25% $300 0 5 95% 5 25% $-- -- -- $-- -- -- $-- -- -- $300 0 5 49% 5 25% 0) Cooper entered into interest-rate swaps to effectively convert its fixed-rate $300 million senior unsecured debt due in July 2007 to variable-rate debt The table below provides information about Cooper's foreign currency forward exchange contracts to purchase currencies in excess of $5 million at December 31, 2004 The contracts mature during 2005 The notional amount is used to calculate the contractual payments exchanged under the contracts The notional amount represents the U S dollar equivalent U S Dollar Functional Currency 2005 (in millions, where applicable) Buy Canadian Dollars / Sell U S Dollars Notional amount Average contract rate $ 89 7 0 8083 Canadian Functional Currency Buy U S Dollars / Sell Canadian Dollars Notional amount Average contract rate U S Dollar Functional Currency $ 14 8 0 7610 Buy Euro / Sell U S Dollars Notional amount $ 14 6 http //www sec gov/Archives/edgar/data/1141982/000095012905001490/h22660el0vk.htm 2/6/2006