Exfo Electro Optical Engineering, Inc.

DateInflation Amount Per Share*
6/30/2000**$10.4143***
7/3/2000$6.8957
7/5/2000$11.6939
7/6/2000$11.068
7/7/2000$12.6655
7/10/2000$12.6664
7/11/2000$12.6664
7/12/2000$12.6664
7/13/2000$12.6664
7/14/2000$12.6664
7/17/2000$12.6664
7/18/2000$12.6664
7/19/2000$12.6664
7/20/2000$12.6664
7/21/2000$12.6664
7/24/2000$12.6664
7/25/2000$12.6664
7/26/2000$12.6664
7/27/2000$12.6664
7/28/2000$12.6664
7/31/2000$12.6664
8/1/2000$12.6664
8/2/2000$12.6664
8/3/2000$12.6664
8/4/2000$12.6664
8/7/2000$12.6664
8/8/2000$12.6664
8/9/2000$12.6664
8/10/2000$12.6664
8/11/2000$12.6664
8/14/2000$12.3165
8/15/2000$12.6664
8/16/2000$12.6664
8/17/2000$12.6664
8/18/2000$12.6664
8/21/2000$12.6664
8/22/2000$12.6664
8/23/2000$12.6664
8/24/2000$12.6664
8/25/2000$12.6664
8/28/2000$12.6664
8/29/2000$12.6664
8/30/2000$12.6664
8/31/2000$12.6664
9/1/2000$12.6664
9/5/2000$12.6664
9/6/2000$12.6664
9/7/2000$12.444
9/8/2000$11.5872
9/11/2000$11.8381
9/12/2000$11.7345
9/13/2000$12.4475
9/14/2000$12.6664
9/15/2000$12.6664
9/18/2000$12.6664
9/19/2000$12.6664
9/20/2000$12.6664
9/21/2000$12.6664
9/22/2000$12.6664
9/25/2000$12.6664
9/26/2000$12.6464
9/27/2000$12.064
9/28/2000$11.7538
9/29/2000$11.7348
10/2/2000$11.3227
10/3/2000$10.8994
10/4/2000$12.278
10/5/2000$10.938
10/6/2000$10.0483
10/9/2000$2.468
10/10/2000$6.4803
10/11/2000$9.6602
10/12/2000$9.1716
10/13/2000$10.8439
10/16/2000$10.9295
10/17/2000$9.6603
10/18/2000$8.425
10/19/2000$10.4553
10/20/2000$11.0932
10/23/2000$9.3617
10/24/2000$8.3779
10/25/2000$6.0431
10/26/2000$7.2816
10/27/2000$9.2758
10/30/2000$7.9601
10/31/2000$9.227
11/1/2000$7.4047
11/2/2000$6.6699
11/3/2000$5.3173
11/6/2000$5.4857
11/7/2000$5.0788
11/8/2000$4.5929
11/9/2000$5.4641
11/10/2000$3.2466
11/13/2000$1.1353
11/14/2000$3.8302
11/15/2000$2.8191
11/16/2000$0.9552
11/17/2000$0.2166
11/20/2000$0
11/21/2000$0
11/22/2000$0
11/24/2000$0.5235
11/27/2000$0.1434
11/28/2000$0
11/29/2000$0
11/30/2000$0
12/1/2000$0
12/4/2000$0
12/5/2000$0
12/6/2000$0

* Data shown are adjusted forward for all stock splits between the IPO and 12/6/00.

** Purchases on a date not listed in the chart above have no artificial inflation.

*** Purchases in the IPO itself at $26.00 per share have no artificial inflation.