U.S. CUTTING TOOL INSTITUTE BILLINGS INDEX

Index for July '04—June '05

$136,045,837

126.8%

$151,299,780

142.9%

$143,973,615

135.1%

$150,843,626

137.9%

$136,477,214

128.2%

$136,782,693

129.4%

$140,216,166

128.6%

$140,534,359

127.1%

$158,139,331

144.1%

$146,180,337

133.3%

$144,986,017

130.7%

$155,767,363

140.6%