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Prospectus - Notowania

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Asset Gathering<br />

51<br />

>> Group Results<br />

Retail<br />

In Italy Fineco Bank continued to improve existing services with a special focus on optimizing the performance of the<br />

technological platform.<br />

In H1 2009 two sales and advertising campaigns, which began last year, continued successfully: the Soddisfazione<br />

campaign, which used large advertising placards in major Italian metropolitan areas and the Internet as advertising<br />

channels, and the Member Get Member campaign in which Fineco Bank offers rewards to its customers for introducing<br />

friends who open current accounts at the bank. This sales initiative made it possible to bring in about 18,000 new customers<br />

in five months by leveraging the high percentage (93%) of Fineco customers who are satisfied with the service offered.<br />

Until September 2009, Fineco generated a net inflow of deposits of €910 million and assets of €32 billion (+10.2% over<br />

December 2008). Due to its network of financial consultants, Fineco was ranked 2nd by Assoreti for the period in terms of<br />

balances and net deposits.<br />

With regard to online trading, Fineco is ranked first in terms of third-party account business volume in major markets (MTA,<br />

TAH, S&P/MIB Futures and Mini S&P/MIB). Finally, Fineco Bank reported about 21 million trading transactions representing<br />

a 37% increase over the previous year, and exceeded 651,000 current accounts resulting from a 2% increase over the<br />

previous year. It was also ranked first in terms of the number of transactions in the equity segment with 9.23% (source:<br />

Assosim, latest information available for H1 2009). In short, Fineco Bank is a market leader 3 as a broker in Italy with a total<br />

of 19.8 million transactions. Furthermore, Fineco Bank is the largest European broker in terms of the number of executions<br />

and the wide range of products offered in a single account.<br />

The DAB Group, which operates through DAB Bank in Germany and DAT Bank in Austria, expanded its trading and<br />

consulting business by strengthening its leadership as a broker and winning the Brokerwahl prize as the Best German<br />

Certificate Broker. Figures for the end of September 2009 confirm 15% growth in balances over the previous year end,<br />

bringing assets to €22.5 billion due mainly to a net inflow totalling €1,174 million. Starting at the beginning of this financial<br />

year, DAB launched a sales campaign aimed at obtaining new retail customers (B2C) by offering special return conditions on<br />

accounts and trading commissions that made it possible to bring in 12,500 new customers. In the first nine months of 2009,<br />

DAB Bank in Germany completed 2.2 million transactions and DAT in Austria completed 800,000 transactions.<br />

3 Source: Assosim - “Rapporto periodico sui dati di negoziazione degli associati ASSOSIM sui mercati gestiti da Borsa Italiana S.P.A.” – June<br />

2009”

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