DEALING 3000 SPOT MATCHING FOR CROATIA TREASURY BROKING SERVICE PIOTR ODRZYWOŁEK APRIL 25TH, 2008 ACI SPLIT

Spot Matching Forwards Matching FX Options Matching Market Share (basis: BIS reporting) Foreign Participation Czech & Slovak Reps, Hungary, Poland, Romania, Russia, Turkey Czech & Slovak Reps, Poland, Hungary, Turkey Hungary, Poland Between 35-45% of all domestic currency volumes executed on Spot Matching (official: 52% in Poland) Av % UKI 45-55% Total parties by currency (350 for Forint) THOMSON REUTERS MATCHING IN CEE Best Emerging Market Broker 2006 Award (FX Week)

PROPOSAL FOR CROATIA Kuna listed in the system at end of Q international credit lines required: –so that the Bank can make markets –.. or the Bank can trade as „aggressor only” or via PB Service launched with 5 LOIs with guaranteed terms: –a flat Monthly Fee to cover unlimited trading volume on up to 2 keystations –offer for the first 12 months, thereafter reviewed –Live Dealt Rates Service on all supported currencies is delivered via IDN

Available Prime Brokers: –ABN AMRO, AIG, Bank of America, Barclays, Deutsche, Goldman Sachs, JP Morgan Chase, Rabobank, RBS Benefits for the PB Clients: –Can be used algorithmically or manually –Overcomes credit problems accessing to global markets –Access to tighter spreads = reduced cost of trading –Post trade straight through processing PRIME BROKERAGE

Hvala Thank you