Dynamic mesures for dynamic environments

1. Net Margin BOOST April 09 to November 09

2. Indicators Sep08/Mar09 2,25% 2,25% 3,50% 4,50% 5,25% 5,25% 5,25% Euribor Int 1,92% 2,16% 2,95% 3,86% 4,79% 5,41% 5,17% Euribor 6M -0,12% 0,58% 1,17% 1,72% -0,31% 0,82% 2,56% Net Margin 2,80% 3,27% 3,65% 3,78% 1,78% 2,79% 4,58% Gross Margin 6,22% 6,43% 6,55% 6,36% 9,52% 7,78% 5,74% CoF 9,02% 9,70% 10,20% 10,14% 11,30% 10,57% 10,32% Yeald MAR FEB JAN DEC NOV OCT SEP 2009 2008

3. Margins before March 2009

5. Indicators Apr09/Nov09 2,25% 2,25% 2,25% 2,25% 2,25% 2,25% 2,25% 2,25% Euribor Int 1,00% 1,02% 1,08% 1,14% 1,30% 1,46% 1,55% 1,66% Euribor 6M 4,57% 3,53% 2,60% 2,04% 1,74% 1,41% 0,18% -0,46% Net Margin 6,17% 5,22% 4,53% 3,77% 3,96% 4,17% 2,88% 2,35% Gross Margin 3,63% 3,56% 3,69% 4,08% 4,50% 5,08% 6,34% 6,86% CoF 9,80% 8,78% 8,22% 7,85% 8,46% 9,25% 9,22% 9,21% Yeald NOV OCT SEP AUG JUL JUN MAY APR 2009

6. Margins after March 2009

7. IMPACTS NMg Boost NMg Boost