analyst presentation 14 september 2006 from 2 30pm overview terry duddy ceo argos sara weller md homebase paul loft purchasing scale expertise and infrastructure maria thompson commercial director multi channel eugene brazil customer services financial greg ball performance richard ashton fd summary q&a 4 today s agenda section 1 home retail group competitive strengths market leading position strong brands with large bases choice value led product offering sourcing supply chain integrated capability shared logistics experienced management team delivering a long term track record of growth is operator in the uk 5 9 0 7 ho m e r t i l ds gi b oot ki n g f h ne x jo hn wi wo o w kes wh mf ha