1. 31/03/2012 Overview

2. 2 Net Operating Earnings and ROE NIS Millions

3. Statements of income I/2012- I/2011 NIS Millions The net change Gross change I/2011I/2012 1520 515 535 Net interest income 4467 (36)31 Expenses (income) for credit losses (0.19% provision rate) (30)(47)551 504 Net interest income after expenses for credit losses (50)(77) 480403 Total non-interest income (19)(29) 8556 Of which: income (expenses) non-interest* (29)(45)388343 Commissions (decrease stems mainly from decreses in customers activity in the capital markets) (2)(3)74 Other Income (26)(40)740700 Total operating and other expenses (18)(29)447418 Of which: salaries and related expenses (including losses appointed time compensation) 12109111 Holding and depreciation on buildings and equipment 114041 Amortization and impairment of intangible assets (10)(14) 144130 Other expenses (54)(84)291207 Profit before tax 12073 Provision for taxes on income (2)1513 Bank’s share of profit of associates (39)181142 Net earnings 13.5%9.9% ROE 8.11%8.81% Core (Tier 1) capital ratio (end of period) * Including decrease in income from stock investments of 24 NIS Millions. 3

4. I/2012I/2011 Operating & Other Expenses (NIS Millions) 29- 2+ 14- 40- 4

5. Efficiency Ratio: Total Income to Total Expenses Operating Expenses % Adjusted Operating Expenses / Total Income * *Expenses excluding severance pay fund effects, special provisions ; Net interest income excluding gains/losses from sale and writedown of available for sale bonds, hedging of volatility in provision for taxes, interest income charged on problem loans and effect of reconciliations to fair value of ALM derivatives ; Operating income excluding dividend, realization or decline in value of shares and severance pay fund gains. 5 Total income operating expenses % Operating Expenses / Total Income Total income

6. Deposits from the Public 81.7 NIS Billion Deposits to Credit Ratio Liquid Assets to Deposits Ratio Capital Adequacy Basel II Tier 1 Capital Adequacy מזה: עסקי ומסחרי 36.2 צרכני 15.1 משכנתאות 14.8 Credit to the Public 66.1 NIS Billion Gov. & Bank Deposits 1.75 NIS Billion 8.81% 123.7% 32.3% 42.1% Of capital available for Investments State of Israel Bonds: 8.5 NIS Billion Deposits-Bank of Israel: 15.5 NIS Billion Sovereigns Bonds: 0.75 NIS Billion Deposits in Banks: 2.4 NIS Billion Banks Bonds: 1.64 NIS Billion NIS+foreign Corporate Bonds: 0.9 NIS Billion Structure Products, Hedge Funds & Stocks:0.8 NIS Billion Market Risks in VAR Terms: (0.03) NIS Billion Capital Notes 5.16 NIS Billion Capital available for Investments 4.0 NIS Billion 13.58%  11.04% מסך האשראי, כנגד נכסים נזילים FIBI Strategic Assets & liabilities structure NIS Millions 6

7. Total Assets, Deposits & Credit NIS Billions Credit to the public Public Deposits Equity Assets 7

8. Credit to the public NIS Millions 8 Development of housing credit portfolio (end of period) Credit to the public by operating segments Development of the annual average in consumer credit (annual average) 31.03.1231.12.1131.03.11 Change in % compared to 31.12.1131.03.11 Total private clients 29,47728,91227,6592.0%6.6% Of which: Mortgage 14,84714,70213,8061.0%7.5% Commercial + small business 13,35713,38712,561( (0.2%6.3% business 23,23822,67923,0312.5%0.9% Total Credit to the public 66,07364,97863,2511.7%4.5%

9. The average asset mix of the dominant group is personal and private sectors 9 2006 2012/I Personal and private sectors (including mortgages) are 45.9% in I/2012 from the total assets. compared to 43.3% in I/2011, and to 30.5% 2006.

10. 31.03.1231.12.11 Change compared to 31.12.11 Total Damaged credit risk1,228 1,445((217 Low credit risk 474 43242 Credit risk under special supervision 994 1,02935)) Total credit risk problem 2,696 2,906(210) Breakdown of credit for problem debts NIS Millions 31.03.12 10

11. Provision for Doubtful Debts to Credit to the Public Ratio Other 4 Leading Banks FIBI 11 *Beginning in 2011, all collection on problem debts is shown as Expenses for credit losses instead of earnings from financing operations

12. Composition of Total Proprietary Trading Book Composition 2011/IV Composition 2012/I Volume IV/2011 Volume I/2012 78%75% 9,2599,265 Government bonds & Secured by Government bonds 91%92% State of Israel bonds 10%14%1,2421,659 Commercial Banks bonds 5%4%556542 Shares 7% 815881 Other 137180 Of which: Fx Corporate Bonds 678701 Of which: NIS Corporate Bonds 100% 11,87212,347 Total NIS Millions Government bonds & Secured by Government bonds 75% Total 86Spain 78Italy 0Portugal 0Greece 0Ireland NIS Millions 12 PIIGS proprietary trading book exposure

13. 14.30% 14.57% 13.42% Capital Adequacy Ratio Basel II Tier 2 FIBI Tier 1 4 top Banks in Israel * * * * ** -1.3 -1.8 1.06- 1.72- 0.75- % 13 -0.8 0.19- Core capital adequacy target in accordance with the commissioner of banks

14. Changes in Net Profit - Subsidiaries NIS Millions Core (Tier 1) capital ratio ROE Percent change relative to I/2011 I/2012 8.77%10.6%9.9%23.4 14.5%11.9%(24.1%)12.6 12.4%13.1%14.7%10.9 13.59%11.3%8.4%10.3 14