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Commission income down due to low level of security transactions<br />
Commission income<br />
in €<br />
m<br />
51 *<br />
863<br />
960 965 985 997<br />
Σ 3,773<br />
Eric Strutz CFO <br />
Frankfurt <br />
November 8th, 2010<br />
905<br />
870<br />
Q1 Q2 Q3 Q4 Q1** Q2** Q3<br />
2009 **<br />
2010<br />
* first 12 days result of Dresdner Bank ** Restatement in prior year and previous quarters 2010 due to change in reporting structure<br />
Commission income down 4% q-o-q<br />
€40m lower contribution from PC due to<br />
reduced securities transactions q-o-q<br />
MSB started benefitting from foreign<br />
trade businesses (+€11m vs. Q2 2010)<br />
Exit units subtract €15m q-o-q<br />
6
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