UniCredit Group in CEE

1
UniCredit Group in Central and Eastern Europe
December 2006
2
Agenda

• UniCredit Group at a glance
• The CEE markets growth drivers
• UniCredit Group in CEE an overview
• CEE banks of UniCredit Group per country

3
UniCredit is a Truly European Bank
MAIN STRUCTURAL FIGURES1

• Employees2 over 134,000
• Customers over 35 mn
• Branches3 over 7,000
• Deposits and debt securities in issue 475 bn
• Loans 430 bn
• Banking operations in 20 countries
• Global player in Asset Management 236 bn AuM
  (with coverage in 5 continents)

14th bank world-wide in terms of Market
Capitalization4
(1) Data as at 30 June 2006
(2) Full time equivalent. Koç Group (including
Yapi) is consolidated proportionally
(3) Koç Group considered at 100
(4) Source The Banker July 2006
4
...based on a strong presence in one of the
wealthiest European areas...
Banks in core regions
HypoVereinsbank in Bavaria

• HypoVereinsbank No. 1 with 394 branches (57
  of total HVB German branches)

Bank Austria Creditanstalt in Austria

• Bank Austria Creditanstalt No. 1 with 401
  branches and 18 market share

Munich ?
? Vienna
UniCredit in Northern Italy1
? Milan

• UniCredit 2,281 branches (73 of total
  UniCredit Italian branches)

Source Eurostat. Data as at 2005 year-end (1)
Northern Italy includes Piemonte, Valle dAosta,
Lombardia, Trentino Alto-Adige, Veneto, Friuli
Venezia-Giulia, Liguria and Emilia Romagna (2)
Based on the latest available information CE
Inforegio Report
5
with an extensive geographical presence in
Europe European branch network and banking
subsidiaries
Amsterdam
A Bank Austria Creditanstalt
D HypoVereinsbank
I UniCredit
Athens
Bern
Brussels
Dublin
Oslo
Geneva
London
Luxembourg
Madrid
Monaco
Oslo
Paris
San Marino
Skopje
Zurich
Countries where the Group operates via its own
branches, representative offices, small banking
subsidiaries, or investment centers (Pioneer)
Countries where the Group operates via local
banks controlled or in which it has a significant
equity interest
6
...and worldwide
Countries where the Group operates via its own
branches, representative offices, small banking
subsidiaries, or investment centers (Pioneer)
Countries where the Group operates via local
banks controlled or in which it has a significant
equity interest
Abu Dhabi
Hong Kong
Seoul
Bahrain
Johannesburg
Singapore
Beijing
Mexico City
Shanghai
Boston
Miami
Mumbai
Sydney
Buenos Aires
New York
Teheran
Cairo
Rio de Janeiro
Tel Aviv
Guangzhou
Tokyo
São Paulo
Hanoi
7
UniCredit Group has an international shareholder
structure
UniCredit Shareholder Structure
UniCredit employees distribution2
10.3
Retail
Munich Re
4.82
Fondazione CRT
4.74
Others
Fondazione Cariverona
4.74
Core
27.8
Carimonte Holding
4.30
Italy
Allianz Group
3.03
18.4
Others1
6.17
25.9
Austria
8.4
20.4
United States
10.7
18.5
Turkey
United Kingdom
10.9
Institutional
61.9
18.1
Germany
Germany
10.4
Poland
Italy
5.1
France
4.4
Others
10.7
Source Internal data as at 31 December 2005 (2)
For country workplace
Source CONSOB (Italian securities exchange
commission), DF King and JP Morgan - data as at
11 January 2006 (1) Other core sheraholders (with
a stake under 2) are Aviva Group (1,69), AVZ
Stiftung (1,63), Cassamarca Foundation (1,52)
and Land Bayern (1,34)
8
and is firmly set in the top ranks of the
Eurozone banking industry
Source individual companies financial
statements, Bankscope and Financial Times database
(1) Figures in bn as at 20 October 2006
(5) Figure including Banca Intesa ordinary
(5.33) and preference/risparmio shares (5.10
) and SanPaolo-IMI ordinary and
preference/privilegiate shares (16.90)
(2) Figures in bn as at 31 December 2005
(3) Figure restated to sterilize changes in scope
of consolidation
(6) Figures as from Banca Intesa and
SanPaolo-IMI consolidated balance sheets
(4) Banking Division only
9
UniCredit's business model enables the Group to
exploit important growth potential

• Increasing knowledge of customer needs
• Tailoring service models
• Developing full management focus and
  accountability

GROWTH EXCELLENCE IN CUSTOMER SERVICE THROUGH
DIVISIONALIZATION
SPECIALIZATION AS KEY SUCCESS AND
DIFFERENTIATION FACTOR TO BUILD COMPETITIVE
ADVANTAGE IN THE EUROPEAN MARKET

• Maintaining the main existing local legal
  entities (i.e. HVB and BA-CA)
• Leveraging on highly recognized brands
• Adapting to each market's specifics

MULTI-LOCAL APPROACH (Retail, Corporate and
Private)

• Economies of scale
• Centers of excellence in selected product areas
  that can be leveraged at pan-European level
• Global reach for Asset Management

GLOBAL BUSINESSES (Investment Banking, Asset
Management Global Product Lines)

• Achieving superior quality in shared services
• Ensuring cost efficiency
• Centralizing and ensuring proper IT governance
  and support services

GLOBAL BANKING SERVICES DIVISION AS GROUP
EXECUTION FACILITATOR
10
enhanced by a consistent organizational
approach
Existing legal entity
Global Banking Services Division
Markets Investment B Division
Corporate Division(1)
Private B. AM Division
Polands MarketsDivision
CEE Division
Retail Division

• Processesand organization
• Central operations
• IT
• Real Estate
• Procurement process

ITALY




22 banks in 15 countries in Central Eastern
Europe (except PLUA)
Bank PekaoBank BPH UniCredit Bank HVB Bank
Ukraine
GERMANY
AUSTRIA
(1) UniCredit Group transfered its groupwide
commercial real estate finance business to the
Corporates Division as a global product factory
effective in September 2006
11
and by a strong set of values.
Our set of values is based on integrity as
condition of sustainability
to transform profit into value
for all our stakeholders
For UniCredit the pursuit of profit is a
positive value because it assures continuity and
independence, building - via integrity - our
reputation vis-à-vis all stakeholders Integrity
assures sustainability, which makes it possible
to transform profit into value
Fairness
Colleagues
Transparency
Strong set of values
Customers and suppliers
Respect
Trust
Investors
Freedom
Local Communities
Reciprocity
12
UniCredit Group Holding - Management Committee
Alessandro Profumo
CEO
Ranieri de Marchis
Franz Herrlein
CFO
Chief Integration Officer
Henning Giesecke
Rino Piazzolla
CRO
Human Resources Strategy
RetailDivision
Private Banking Asset Mgmt Division
Markets InvestmentBanking Division
Global Banking Services Division
Central Eastern Europe (CEE) Division
Corporate Division (1)
Polands Markets Division
Roberto Nicastro
Dario Frigerio
Vittorio Ogliengo
Sergio Ermotti
Erich Hampel
Paolo Fiorentino
Andrea Moneta
Milan
Milan
Munich
Munich
Vienna
Milan
Milan
(1) UniCredit Group transfered its groupwide
commercial real estate finance business to the
Corporates Division as a global product factory
effective in September 2006
13
Agenda

• UniCredit Group at a glance
• The CEE markets growth drivers
• UniCredit Group in CEE an overview
• CEE banks of UniCredit Group per country

14
The CEE economy is again expected to gather
momentum
CEE economic growth in , real

• The outlook for the CEE economy is positive,
  despite expectations for a reversal in the
  international cycle and risks arising from
  persistently high oil prices.
• The average regional growth for the 2006-2008
  period is forecasted at 5.1, with all countries
  showing average growth close or above 4pp per
  year.
• Generally tight fiscal policy is on the agenda in
  most countries, either to guarantee EMU
  convergence (for a few new EU members) or to
  correct external unbalances.
• Some gradual revival of inflationary pressures is
  expected for some countries (especially in
  Central Europe) due to higher oil prices and
  stronger economic growth.

CEE inflation rate yoy change in
15
The CEE region remains a highly dynamic banking
market
Total assets ( bn)
Total loans ( bn)
Total deposits ( bn)
11 p.a.
9 p.a.
14 p.a.
16
Loan and deposit growth per region 2000-2008
Total CEE deposits volumes growth(1) (2000 100,
in terms)
Total CEE loans volumes growth(1) (2000 100, in
terms)
CAGR 00-08
CAGR 00-08
Russia 37 p.a.
Russia 30 p.a.
SEE 17 p.a.
SEE 20 p.a.
Turkey 11 p.a.
Turkey 13 p.a.
CE 9 p.a.
CE 12 p.a.
Sources Unicredit-NE Research Network based on
local Central Banks data (1) Total
loans/deposits include general govt,
non-financial corporations, households and when
available NPISHs and Non-MFIs
17
Degree of intermediation
Total assets as percentage of GDP
Potential for further increases
Source UniCredit New Europe Research Network
18
Agenda

• UniCredit Group at a glance
• The CEE markets growth drivers
• UniCredit Group in CEE an overview
• CEE banks of UniCredit Group per country

19
UniCredit Group is the clear Number 1 in CEE
Central Eastern Europe Top Financial Groups1
Total Assets ( bn)
Branches (no.)
Total revenues ( m)
UniCredit Group is the undisputed leader in CEE
marketsin terms of size, revenues and branch
network
1) As at end of 2005 (pro forma - incl.
acquisitions in 2006), total assets at 100
Source UniCredit-NE Reasearch Network
20
... in scale regional coverage
Strategic positioning country of operation and
size in each market (size total assets
controlled in the region)
Number of Top 5
Number of countries of active presence
21
UniCredit Groups approach in CEE 3 main pillars
The success of our customers is in the focus of
all our activities.
We are the strongest banking partner in the CEE
region.
We believe in the CEE region, not only from an
economic point of view.

• We believe that customer satisfaction is the
  winning strategy.
• We use our international know-how and our deep
  local roots to offer the best service to our
  customers
• State-of-the-art products and services for
  retail customers.
• Unique integrated service for corporate
  customers with cross-border business.
• High local expertise, quick decisions.

• We were one of the first banking partners of the
  CEE countries after the fall of the Iron Curtain.
  
• We built the leading Group in CEE and keep
  expanding.
• Today, we offer our customers a network of strong
  local banks forming the largest banking network
  in the CEE region
• 17 countries
• 3,000 branches
• 65,000 employees

• We feel at home in CEE, also apart of the
  business perspective.
• We want to be a gateway between the countries of
  our network and enhance the cultural exchange in
  Europe
• Meeting Europe - Europa Forum event series
• Europe2read - the CEE publications of
  UniCredit Group
• Connecting Europe - region-wide cultural
  projects
• Social projects - UniCredit Groups Unidea
  foundation

22
The strongest banking network in CEE
Country ranking by total assets (2005), total
assets and number of branches (H1 2006 pro-forma)
Estonia Nr. 6
Latvia Nr. 10
RussiaNr. 8
Lithuania Nr. 8
CEE region 105bntotal assets
3,000offices 65,000employees 24mcustomers
0.1bn 1
0.4bn 1
0.4bn 2
5.2bn 37
Poland Nr. 1
33 bn 1.292
Ukraine Nr. 13
Czech Rep.Nr. 4
0.3bn 6
9.0bn 78
RomaniaNr. 3
SlovakiaNr. 5
3.6bn 130
3.3 bn 93
BulgariaNr. 1
Hungary Nr. 7
3.5 bn 317
4.4 bn 61
SloveníaNr. 5
2.0 bn 13
Turkey Nr. 4
Croatia Nr. 1
SerbiaNr. 5
BosniaNr. 1
28 bn 606
1.8 bn 180
0.9bn 43
9.4 bn 127
MacedoniaRep.Office
All countries at 100
23
...with the most extensive coverage throughout
the region
PL SK BG RO HU CZ YU SI HR BA MK RU UA LV LT
EE TR AZ
17 1R
R
13 1R
R
10 1R
R
Societe Generale
9
8 2R
R
R
R
R
R
R
R
5 6R
5 4R
R
R
R
R
5
5
5
R
3 3R
R
R
24
Focus on customers All services under one roof
State-of-the-art banking
Retail customers
Corporate customers

• Cash Management (Payments, E-Banking, Cash
  Pooling)
• Working Capital Finance
• Buyers Credit
• Purchase of Receivables
• Commodity Trade Finance
• Project Finance
• Guarantees
• Documentary Business
• Investment Finance

• Consulting Packages
• Tailor-made financing
• Asset management
• consulting
• Treasury services
• Investment Banking
• Leasing

• Current accounts
• Savings Products
• Private Financing
• Card Services
• Electronic Banking
• Domestic Payments
• International Payments

25
and a one-stop shop for cross-border business
Customers benefit of a unique integrated approach
for cross-border business throughout the whole
network
Cross-border products

• One single point of entry in the respective home
  country for cross-border business throughout the
  whole network
• Standardized processes and customized solutions
  on the basis of uniform service standards in the
  whole UniCredit Group
• Carefully designed group-wide product range
• State-of-the-Art services out of one hand
• Cost savings due to efficient management of cross
  border activities
• Europes dynamic growth markets comprehensively
  covered
• Highly qualified teams of relationship managers
  in the entire region

• Cross border opening of account
• FlashPayment
• MultiCash/Europakonto
• Margin-Pooling
• EURO-Pooling
• EU-25 PLUS Credit
• EU-25 PLUS Vendor Leasing
• EU-25 PLUS Investment Leasing

26
At home in CEE Business know-how exchange
Europe2read - CEE publications of UniCredit Group
Meeting Europe - Europa Forum events of
UniCredit Group

• Event series of UniCredit Group covering topics
  concerning Europe and the EU, held 1-2 times a
  year in every CEE country.
• Prominent European speakers share their views on
  most actual topics with local politicians,
  opinion makers, business leaders and UniCredit
  Groups customers.
• Enterpreneur of the Year competition in the CEE
  countries for local cross-border customers
  planned.

• CEE Quarterly Magazine (62 pages) with the
  economic analysis of 16 CEE countries, published
  4 times a year.
• CEE economic data Pocket folder (44 pages) with
  figures of 16 CEE countries, published twice a
  year.
• Competitiveness reports Analysis of economy of
  one CEE country (16 pages).
• Investment guides Brochure (50 pages) with
  information on economy, legal and tax system,
  financial aid, contacts in a country in CEE.
• Individual GO EAST packages of UniCredit
  Groups CEE publications to be ordered at
  http//economicresearch-e.ba-ca.com

27
as well as cultural and social projects
Connecting Europe - region-wide cultural projects
Social projects - UniCredit Groups Unidea
foundation
28
International recognition for UniCredit Groups
CEE approach
Best Project Finance in CEE2006
Best Bank in CEE 2006, 2003
Best FX-Bank in CEE 2000-2006
Best Custody in CEE 2006, 2002-2004
20 years investment servicing in CEE 2006
Best Cross-Border Expansion Strategy 2006
Best ProjectFinance in CEE2005
Best Brokerage Custody House 2006
Best Agent Bank in CEE 2005
Best Loan Housein CEE2005
Best Investment Bank in CEE 2000, 2002-2005
Best sub-custodian in CEE 2006
Bank of the Year in CEE 2000, 2002-2005
Best Trade Finance Bank in CEE 2002, 2003
Best Bank in CEE 2000-2004
Best Bank in Bulgaria 2006
Best Debt House in Croatia 2006
Best Bankin Bulgaria2006, 2005
Best Bank in Poland 2006, 2005, 2003
Best Investment Bank in Slovakia 2006
Best Bank in Poland 2006
Best Bank in Poland 2006
Bank of the Year in Poland 2005
Bank of the Yearin Romania2006
Best Equity Housein Hungary2005
Best Agent Bank in BG, RO, HR 2005
Best Debt Housein Romania2005
Best Agent Bank in SK, SLO, RU, UA 2005
Best Trade Finance Bank in Russia 2006
Best Bank in Bosnia 2006
29
Agenda

• UniCredit Group at a glance
• The CEE markets growth drivers
• UniCredit Group in CEE an overview
• CEE banks of UniCredit Group per country

30
Azerbaijan
The UniCredit Group bank
Azerbaijan

• UniCredit Group is represented by Kocbank
  Azerbaijan in
• the country . The bank of was established in
  December
• 1998 and started operations in January 2000.
  Kocbank
• Azerbaijan presently has 500 corporate clients
• including 21 Azeri commercial banks and 6,000
  individual
• clients.
• Figures (as at 30 June 2006)
• position1 Top 10
• total assets EUR 52 million
• customers 6,000

• Country figures2
• Area 86,600 sq. km
• Population  8.3 million
• Capital Baku
• Currency Manat
• per capita GDP1 EUR 772.5

Further information
www.kocbank.com.az
1 figure as of 2005
2 Source http//de.wikipedia.org/wiki/Aserbaidsch
an
31
Baltics
The UniCredit Group banks
Baltics

• In Estonia, the Group is represented by HVB Bank
• Tallinn. The bank ranks number six in the local
• banking market. HVB Bank Latvia, based in Riga,
  is the
• number ten on the local banking market. In
  Lithuania,
• UniCredit Groups subsidiary HVB Bank Vilnius is
  number
• eight on the local banking market.
• Combined figures (as at 30 June 2006)
• position1 number 6-10
• market share1 3
• total assets EUR 945 million
• branches 4
• customers 1,000

Tallinn
Riga
Klaipeda
Vilnius

• Country figures
• Estonia
• Population  1.3 million
• GDP1 EUR 11.1 bn
• Latvia
• Population  2.3 million
• GDP1 EUR 12.7 bn
• Lithuania
• Population  3.4 million
• GDP1 EUR 20.6 bn

Further information
www.hvb.ee www.hvb.lt www.hvb.lv
1 figures as of 2005
32
Bosnia and Herzegovina
The UniCredit Group banks
Bosnia and Herzegovina

• UniCredit Group is represented by HVB Central
  Profit
• Banka, Nova Banjalucka Banka and UniCredit
• Zagrebacka banka in Bosnia and Herzegovina. They
  are
• clearly the Number 1 in the country and a pioneer
  in issuing
• banking cards, first ATMs, first with internet
  banking and SMS
• banking for retail and corporate clients.
• Combined figures (as at 30 June 2006)
• position1 number 1
• market share1 25
• total assets EUR 1.7 billion
• branches 180
• customers 820,000

• Country figures
• Area 51,129 sq. km
• Population  3.9 million
• Capital Sarajevo
• Currency Convertible Mark
• GDP1 EUR 8 bn
• per capita GDP1 EUR 2,115

Further information
www.hvb-cpb.bawww.novablbanka.comwww.zaba.ba
1 figures as of 2005
33
Bulgaria
The UniCredit Group banks
Bulgaria

• In Bulgaria, Bulbank, HVB Bank Biochim Hebros
  Bank
• are the local banks of UniCredit Group. They are
  the clear
• Number 1 in the country, servicing more than 1.2
  million
• customers. The banks are the top provider of
  loans
• and are rapidly expanding on the Bulgarian
  mortgage
• market, small business and leasing.
• Combined figures (as at 30 June 2006)
• position1 number 1
• market share1 21
• total assets EUR 3.5 billion
• branches 317
• customers 1.2 million

Dulovo
Ruse
Vidin
Varna
V.Turnovo
Karnobat
Sofia
Bourgas
Blagoevgrad
Plovdiv

• Country figures
• Area 110,912 sq. km
• Population  7.8 million
• Capital Sofia
• Currency Bulgarian lev
• GDP1 EUR 21.4 bn
• per capita GDP1 EUR 2,779

Further information
www.biochim.com www.bulbank.bgwww.hebros.bg
1 figures as of 2005
34
Croatia
The UniCredit Group bank
Croatia

• In Croatia, UniCredit Group is represented by
  Zagrebacka
• banka. With a market share of 24 percent it is by
  far the
• number 1 on the local banking market.
  Additionally,
• Zagrebacka banka is Croatia's leading bank in
  terms of the
• quality of products and services, technical
  innovations and
• the number of customers served.
• Figures (as at 30 June 2006)
• position1 number 1
• market share1 24
• total assets EUR 9.5 billion
• branches 134
• customers 1.2 million

Zagreb
Osijek
Rijeka
Pula
Zadar
Imotski
Split
Dubrovnik

• Country figures
• Area 56,538 sq. km
• Population  4.4 million
• Capital Zagreb
• Currency Kuna
• GDP1 EUR 31 bn
• per capita GDP1 EUR 7,034

Further information
www.zaba.hr
1 figures as of 2005
35
Czech Republic
The UniCredit Group banks
Czech Republic

• UniCredit Group is represented by HVB Bank Czech
• Republic and ivnostenská Banka in the Czech
  Republic.
• Together they form the fourth largest bank on the
  Czech
• banking market. The banks have an especially
  strong position
• in the corporate banking and are market leader in
  the areas
• of real estate and structured bonds.
• Combined figures (as at 30 June 2006)
• position1 number 4
• market share1 7
• total assets EUR 9 billion
• branches 78
• customers 189,000

Chomutov
Karlovy Vary
Ostrava
Pardubice
Praha
Plzen
Olomouc
Zlín
Brno

• Country figures
• Area 78,864 sq. km
• Population  10.3 million
• Capital Prague
• Currency Czech crown
• GDP1 EUR 100 bn
• per capita GDP1 EUR 9,804

Further information
www.hvb.czwww1.zivnobanka.cz
1 figures as of 2005
36
Hungary
The UniCredit Group bank
Hungary

• In Hungary, UniCredit Group operates with HVB
  Bank
• Hungary.The bank is number seven on the Hungarian
• banking market and is continuously expanding its
  country-
• wide network. The bank holds a leading position
  in mortgage
• loans, additionally its treasury department is
  among the
• top three on the Hungarian market.
• Figures (as at 30 June 2006)
• position1 number 7
• market share1 6
• total assets EUR 4.4 billion
• branches 61
• customers 152,000

Miskolc
Eger
Budaörs
Sopron
Nyíregyháza
Budapest
Debrecen
Veszprém
Szolnok
Zalaegerszeg
Kecskemét
Pécs

• Country figures
• Area 93,033 sq. km
• Population  10.1 million
• Capital Budapest
• Currency Forint
• GDP1 EUR 87.9 bn
• per capita GDP1 EUR 8,711

Further information
www.hvb.hu
1 figures as of 2005
37
Poland
The UniCredit Group banks
Poland

• UniCredit Group is represented by Bank BPH and
• Bank Pekao in Poland. The two banks are together
  the by far
• leading bank on the Polish market, servicing more
  than 6
• million customers. Apart of classic banking
  products, the
• banks provide services and solutions in every
  financial field,
• as brokerage, leasing, asset management and
  factoring.
• Combined figures (as at 30 June 2006)
• position1 number 1
• market share1 20
• total assets EUR 33 billion
• branches 1,292
• customers 6,322,000

Gdansk
Szczecin
Warszawa
Poznan
Lodz
Wroclaw
Lublin
Katowice
Kraków

• Country figures
• Area 312,685 sq. km
• Population  38.6 million
• Capital Warsaw
• Currency Zloty
• GDP1 EUR 243.7 bn
• per capita GDP1 EUR 6,379

Further information
www.bph.plwww.pekao.com.pl
1 figures as of 2005
38
Romania
The UniCredit Group banks
Romania

• In Romania the Group is represented by HVB Tiriac
  Bank
• and UniCredit Romania. Together, they are the
  third
• largest bank on the Romanian market, providing
  their
• modern, innovative and flexible product and
  services portfolio
• to almost 650,000 clients.
• Combined figures (as at 30 June 2006)
• position1 number 3
• market share1 9
• total assets EUR 3.6 billion
• branches 130
• customers 647,000

• Country figures
• Area 238,391 sq. km
• Population  21.7 million
• Capital Bucharest
• Currency Romanian leu
• GDP1 EUR 79.3 bn
• per capita GDP1 EUR 3,669

Further information
www.hvbtiriac.rowww.unicredit.ro
1 figures as of 2005
39
Russia
The UniCredit Group bank
Russia

• International Moscow Bank operates as UniCredit
  Groups
• bank in Russia. The bank is number eight on the
• Russian banking market and is planning to expand
  its branch
• network to 100 in the coming two years. Today, 80
  out of the
• 200 largest Russian companies are customers of
  IMB.
• Figures (as at 30 June 2006)
• position1 number 8
• market share1 2
• total assets EUR 5.2 billion
• branches 37
• customers 189,000

• Country figures
• Area 17,075,400 sq. km
• Population  143 million
• Capital Moscow
• Currency Russian rubel
• GDP1 EUR 614.3 bn
• per capita GDP1 EUR 4,281

Further information
www.imb.ru
1 figures as of 2005
40
Serbia
The UniCredit Group bank
Serbia

• In Serbia the Group is represented by HVB Bank
  Serbia.
• The bank is number five in the country and
  operates a
• network of 39 branches. The bank enjoys a strong
  position in
• business banking and e-banking it is one of the
  leading
• providers of innovative products for private
  customers.
• Figures (as at 30 June 2006)
• position1 number 5
• market share1 6
• total assets EUR 0.9 billion
• branches 43
• customers 113,000

• Country figures
• Area 88.361 sq. km
• Population  7.5 million
• Capital Belgrade
• Currency Dinar
• GDP1 EUR 21 bn
• per capita GDP1 EUR 2,565

Further information
www.hvb.co.yu
1 figures as of 2005
41
Slovakia
The UniCredit Group banks
Slovakia

• In Slovakia the Group is represented by HVB Bank
  Slovakia
• and UniBanka. Together the two banks are number
  five on
• the Slovakian banking market. Their customers
  include
• almost all of the top 100 companies in Slovakia.
• Combined figures (as at 30 June 2006)
• position1 number 5
• market share1 9
• total assets EUR 3.3 billion
• branches 93
• customers 172,000

• Country figures
• Area 49,035 sq. km
• Population  5.4 million
• Capital Bratislava
• Currency Slovak crown
• GDP1 EUR 38.1 bn
• per capita GDP1 EUR 7,078

Further information
www.hvb-bank.skwww.unibanka.sk
1 figures as of 2005
42
Slovenia
The UniCredit Group bank
Slovenia

• In Slovenia the Group is represented by Bank
  Austria
• Creditanstalt Ljubljana. The bank is number five
  in the
• country and has a high-level expertise in
  corporate business
• It is the market leader in services for
  international companies,
• in the custody business for foreign customers and
  among the
• leading financial institutions for treasury
  products.
• Figures (as at 30 June 2006)
• position1 number 5
• market share1 6
• total assets EUR 2 billion
• branches 13
• customers 55,000

• Country figures
• Area 20,251 sq. km
• Population  2 million
• Capital Ljubljana
• Currency Tolar
• GDP1 EUR 27.4 bn
• per capita GDP1 EUR 13,680

Further information
www.ba-ca.si
1 figures as of 2005
43
Turkey
The UniCredit Group bank
Turkey

• UniCredit Group is represented by Yapi Kredi in
  Turkey. As
• number four on the banking market, it is one of
  the most
• important financial groups of the country with
  leading
• positions in credit cards, assets under
  management, non-
• cash loans, leasing and factoring.
• Figures (as at 30 June 2006)
• position1 number 4
• market share1 10
• total assets EUR 27 billion
• branches 606
• customers 13,347,000

• Country figures
• Area 780,580 sq. km
• Population  70.4 million
• Capital Ankara
• Currency Turkish lira
• GDP1 EUR 290.6 bn
• per capita GDP1 EUR 4,032

Further information
www.yapikredi.com.tr
1 figures as of 2005
44
Ukraine
The UniCredit Group banks
Ukraine

• In Ukraine the Group is represented by UniCredit
  Bank and
• HVB Bank Ukraine. Together the banks are number
• Thirteen on the Ukrainian banking market. The
  universal
• banks focus on corporate customer business and
  are
• currently expanding their retail banking
  activities.
• Combined figures (as at 30 June 2006)
• position1 number 13
• market share1 1
• total assets EUR 0.3 billion
• branches 7
• customers 2,900

• Country figures
• Area 603,700 sq. km
• Population  47.2 million
• Capital Kiev
• Currency Hryvnia
• GDP1 EUR 65.5 bn
• per capita GDP1 EUR 1,390

Further information
www.unicredit.com.ua www.hvb.com.ua
1 figures as of 2005