Gentex Company

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					Gentex Corp. (GNTX)

BHGP purchase date: 26 shares on 17th July @ $27.91/share

Market cap: $2.4 Billion

Dividend: No cash dividends, Two for one stock split in 1996 and 1998

Dividend yield:

Performance: ROA 14%, ROE 14.8%.

         Cash : $140 MM; Current Assets: $260 MM; Total Assets: $507 MM

         Current Liability: $21 MM; Long Term Debt: Nil
         P/E Ratio for 2002 : High of 40 and Low of 21

Sales Growth: 20%
Stock price history: $15 - $42.00.

Description: Gentex Corporation designs, develops, manufactures and markets proprietary products
employing electro-optic technology: automatic-dimming rearview mirrors and fire protection products. The
Company's interior Night Vision Safety (NVS) Mirror is an electrochromic automatic-dimming interior
rearview mirror that uses electrochromic technology that is continually variable and automatically darkens
to the degree required to eliminate rearview headlight glare. 86% of 2001 sales come from night vision
safety (NVS) mirrors. All of the Company's smoke detectors/alarms operate on a photoelectric principle to
detect smoke. Photoelectric detectors/alarms feature low light-level detection, while ionization detectors
utilize an ionized atmosphere, the electrical conductivity of which varies with changes in the composition
of the atmosphere. Some of Gentex clients include Ford, GM, Chrysler, BMW, Bentley, Rolls Royce,
Lexus, Audi, Honda, Infiniti, Toyota, Kia, Daewoo etc.

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