FriendsClear's CEO introducing social lending to NYSE/Euronext representatives @LaSer-L'echangeur

1. P2PLending - Social lending Is it really new ? Is it going to be big ? June 30th, 2008

4. Banking 2.0 landscape (as of June ’08) Banking 2.0 Social lending, P2PLending P2P Venture Social Money -Expenses tracking Personal Finance Management Marketplace + social media features (« eBay for money ») Marketplace / no social media feature (UK) P2P payments purchase (2007) Caisse d’Epargne (France) OTC (Over The Counter) Social media P2P : Peer to Peer (Lending) OTC : Over The Counter Mobile banking

8. P2PLending: cut out the middleman How to mitigate risk? Bank takes risk Bank Bank Borrower Lender Personal relationship Friends & family loan (P2PLending OTC) Business Model Lender #2 P2PLending Marketpkace Borrower #3 Source > Deutsche Bank Research August 2006 OTC = Other the Counter Peer pressure and/or diversification + social media features (optional) Lender #1 Lender #3 Borrower #1 Borrower #2 1 loan = 1 lender + 1 borrower Borrower Lender

10. US Forecast (Celent Study) US P2P loans market : 2007 : 600 millions USD 2010 : 5,8 billions USD

11. The rise of a Global Industry P2P : Peer to Peer (Lending) OTC : Over The Counter Some local barriers to entry (banking regulation, lack of positive credit scoring,…)

12. FriendsClear: French 1st P2PLending service

13. Loans between family and friends who do work French launch: Summer ’08 Contact: Jean-Christophe Capelli, CEO Corporate Website: http://www.friendsclear.com Personal Blog: http://jeanchristophecapelli.com +33 (0)6 14 73 23 46