Expression of Interest to Act as Financial Advisor to ......public tender offer for Leica Geosystems...

3
May 2011 1 Expression of Interest to Act as Financial Advisor to Regeringskansliet Company data and key contacts Crédit Agricole CIB Sweden Branch Primary contacts at Crédit Agricole CIB Crédit Agricole CIB S.A. 9, quai du Président Paul Doumer 92920 Paris La Défense Cedex France Registration number: 304 187 701 RCS Crédit Agricole CIB Sweden Branch Regeringsgatan 38 SE-103 95 Stockholm Sweden Registration number: 516401-9746 Claes Jonsson Head of Nordic Investment Banking Tel: + 46 8 796 69 53 + 33 1 41 89 06 96 Mob: + 33 6 88 69 84 09 [email protected] Olivier Jacquet Head of Nordic Equity Capital Markets Tel: + 33 1 41 89 70 59 Mob: + 33 6 08 74 72 57 [email protected] Overview of Crédit Agricole Corporate & Investment Bank Top 25 by Tier One Capital 2009 (year end) 71 974 China China Construction Bank Corp 15 14 12 11 10 9 8 7 6 5 4 3 2 1 Rank China UK Japan UK Spain France China US UK UK US US US Country 77 034 Llyods Banking Group 73 667 Bank of China 77 218 Mitsubishi UFJ Financial Group 80 449 Barclays 81 578 Banco Santander 90 648 BNP Paribas 91 111 ICBC 93 795 Wells Fargo & Co 122 157 HSBC Holdings 123 859 Royal Bank of Scotland 127 034 Citigroup 132 971 JPMorgan Chase & Co 160 388 Bank of America Corp (USD million) Bank 13 France 75 504 Credit Agricole Group Top 25 by Total Assets 2009 (year end) 1 556 810 Japan Mizuho Financial Group 15 14 13 12 11 10 9 8 7 6 5 4 2 1 Rank Spain UK Netherlands China US Japan US Germany US UK UK UK France Country 1 676 719 ING Bank 1 664 919 Llyods Banking Group 1 600 186 Banco Santander 1 725 938 ICBC 1 856 646 Citigroup 2 025 830 Mitsubishi UFJ Financial Group 2 031 989 JPMorgan Chase & Co 2 162 340 Deutsche Bank 2 223 299 Bank of America Corp 2 234 893 Barclays 2 364 452 HSBC Holdings 2 749 572 Royal Bank of Scotland 2 964 983 BNP Paribas (USD million) Bank 3 France 2 440 634 Credit Agricole Group Crédit Agricole Corporate & Investment Bank (“CA CIB”), the Corporate & Investment Banking arm of the Crédit Agricole Group, is pleased to express its interest in providing financial advisory services to Regeringskansliet. Crédit Agricole is the world’s 3rd and 13th largest banking group ranked by assets and Tier 1 Capital respectively (Source: The Banker, latest survey dated July 2010) CA CIB has approx. 13,000 employees in more than 50 countries world- wide of which approx. 100 locally in the Nordic region, including its top- ranked CA Cheuvreux Nordic stock broking subsidiary. CA CIB holds all necessary authorisations to provide investment banking services in Sweden. Source: The Banker, July 2010 Services offered to Regeringskansliet Key strengths of Crédit Agricole CIB & Selected Nordic transaction credentials M&A advisory Equity Capital Markets Debt Capital Markets Loan Syndication Advising large Nordic corporations such as Hexagon, Tele2 and Electrolux on complex cross- border transactions • Leveraging capabilities in Continental Europe, Middle East, China and Latin America • Leading European house with strong Nordic record • Bookrunner for Hexagon’s SEK6.5bn rights issue (largest in Sweden in 2010) and APMM’s DKK8.8bn treasury share sale (largest Nordic ABB in 2009) #5 in the Eurobond market in 2010 (Source: IFR, All corporate bonds in Euros) • Bookrunner for key Nordic corporations and institutions such as SEB, Carlsberg, Ericsson, Volvo, TeliaSonera etc. #3 in EMEA in 2010 (Source: IFR) • Strong Nordic presence and balance sheet commitment • Bookrunner for Hexagon’s EUR2.6bn facilities – “Nordic loan of the year in 2010” (Source: Euroweek) Local presence and long standing Nordic commitment Advisory ECM Other • M&A • Disposals Capital structure Fairness opinions Strategic reviews • IPOs Secondary offerings Capital increases • Spin-offs Equity linked Debt Capital Markets Loan syndication FX, interest rate and commodity hedging and trading CA CIB offers a full range of advisory, capital raising, financing and hedging services to corporations, institutions and governments. Presence in the Nordic region since the early 1980’s with a well established regional platform, also comprising CA Cheuvreux Nordic, its top-ranked Nordic stock broking arm. USD 450 M Acquisition of Olympic Group Pending Financial Advisor Co-Lead Manager DKK 5,521 M CHR HANSEN IPO January 2011 Financial Advisor EUR 110 M Sale of 33% stake in Agta Record to Assa Abloy Bookrunner SEK 6,521 M Rights Issue November 2010 IPO June 2010 Co-Lead Manager DKK 5,521 M Joint Bookrunner EUR 1,250 M 4.125% Swedish Covered Bond Due 2021 March 2011 Joint Bookrunner EUR 1,000 M 3.375% Senior Unsecured Bonds Due 2017 October 2010 MLA & Bookrunner EUR 1,500 M Revolving Credit Facility March 2011 Revolving Credit Facility March 2011 MLA & Bookrunner SEK 4,000 M Financial Advisor Undisclosed Acquisition of 51% of NEO (Kazakhstan) March 2010 Bookrunner DKK 8,261 M ABB September 2009 Co-Manager SEK 15,000 M Rights Issue September 2009 Joint Bookrunner EUR 500 M 3.000% Senior Unsecured Due 2017 September 2010 Joint Bookrunner EUR 600 M 5% Notes Due 2013 June 2009 Revolving Credit Facility MLA & Bookrunner EUR 500 M March 2011 EUR 1,500 M March 2011 Revolving Credit Facility MLA & Bookrunner Financial Advisor March 2008 EUR 5,626 M Acquisition of Vin & Spirit Financial Advisor EUR 950 M Acquisition and public tender offer for Leica Geosystems October 2005 Co-Manager SEK 15,069 M Rights Issue April 2009 Underwriter EUR 2,588 M Rights Issue April 2009 Joint Bookrunner EUR 500 M 7.875% Notes Due 2012 May 2009 Joint Bookrunner EUR 550 M 5.125% Notes Due 2014 March 2009 EUR 2,000 M May 2011 Revolving Credit Facility MLA & Bookrunner Underwriter, MLA, Bookrunner & Documentation Agent USD 2,125 M EUR 1,000 M Term Loan & Revolving Credit Facilities July 2010 Disposal of Invitel September 2009 Financial Advisor Undisclosed “Nordic Loan of the Year in 2010” The strategy of CA CIB combines global reach with local presence. Through its long-standing local presence and consistent commitment to the Nordic region, CA CIB has built long-standing relationships with leading Nordic corporations and institutions, providing its support as an advisor or financing partner in connection with strategic transactions as well as on a recurring basis. Since 1997 Equity Research Equity Sales and Trading Rep. Office (1993) Shipping and Offshore Oslo Branch (1986) Corporate & Investment Banking Stockholm Branch (1982) Corporate & Investment Banking Helsinki 2010 3 Nordic Research Since 1997 Equity Research Equity Sales and Trading Rep. Office (1993) Shipping and Offshore Oslo Branch (1986) Corporate & Investment Banking Stockholm Branch (1982) Corporate & Investment Banking Helsinki 2010 3 Nordic Research

Transcript of Expression of Interest to Act as Financial Advisor to ......public tender offer for Leica Geosystems...

  • May 2011 1

    Expression of Interest to Act as Financial Advisor to Regeringskansliet

    Company data and key contacts

    Crédit Agricole CIB Sweden Branch Primary contacts at Crédit Agricole CIB

    Crédit Agricole CIB S.A. 9, quai du Président Paul Doumer 92920 Paris La Défense Cedex France

    Registration number:304 187 701 RCS

    Crédit Agricole CIB Sweden BranchRegeringsgatan 38SE-103 95 StockholmSweden

    Registration number:516401-9746

    Claes JonssonHead of Nordic Investment Banking

    Tel: + 46 8 796 69 53 + 33 1 41 89 06 96

    Mob: + 33 6 88 69 84 [email protected]

    Olivier JacquetHead of Nordic Equity Capital Markets

    Tel: + 33 1 41 89 70 59

    Mob: + 33 6 08 74 72 [email protected]

    Overview of Crédit Agricole Corporate & Investment BankTop 25 by Tier One Capital 2009 (year end)

    71 974ChinaChina Construction Bank Corp15

    14

    12

    11

    10

    9

    8

    7

    6

    5

    4

    3

    2

    1

    Rank

    China

    UK

    Japan

    UK

    Spain

    France

    China

    US

    UK

    UK

    US

    US

    US

    Country

    77 034Llyods Banking Group

    73 667Bank of China

    77 218Mitsubishi UFJ Financial Group

    80 449Barclays

    81 578Banco Santander

    90 648BNP Paribas

    91 111ICBC

    93 795Wells Fargo & Co

    122 157HSBC Holdings

    123 859Royal Bank of Scotland

    127 034Citigroup

    132 971JPMorgan Chase & Co

    160 388Bank of America Corp

    (USD million)

    Bank

    13 France 75 504Credit Agricole Group

    Top 25 by Total Assets2009 (year end)

    1 556 810JapanMizuho Financial Group 15

    14

    13

    12

    11

    10

    9

    8

    7

    6

    5

    4

    2

    1

    Rank

    Spain

    UK

    Netherlands

    China

    US

    Japan

    US

    Germany

    US

    UK

    UK

    UK

    France

    Country

    1 676 719ING Bank

    1 664 919Llyods Banking Group

    1 600 186Banco Santander

    1 725 938ICBC

    1 856 646Citigroup

    2 025 830Mitsubishi UFJ Financial Group

    2 031 989JPMorgan Chase & Co

    2 162 340Deutsche Bank

    2 223 299Bank of America Corp

    2 234 893Barclays

    2 364 452HSBC Holdings

    2 749 572Royal Bank of Scotland

    2 964 983BNP Paribas

    (USD million)

    Bank

    3 France 2 440 634Credit Agricole Group

    Crédit Agricole Corporate & Investment Bank (“CA CIB”), the Corporate & Investment Banking arm of the Crédit Agricole Group, is pleased to express its interest in providing financial advisory services to Regeringskansliet.

    Crédit Agricole is the world’s 3rd and 13th largest banking group ranked by assets and Tier 1 Capital respectively (Source: The Banker, latest survey dated July 2010)

    CA CIB has approx. 13,000 employees in more than 50 countries world-wide of which approx. 100 locally in the Nordic region, including its top-ranked CA Cheuvreux Nordic stock broking subsidiary.

    CA CIB holds all necessary authorisations to provide investment banking services in Sweden.

    Source: The Banker, July 2010

    Services offered to Regeringskansliet

    Key strengths of Crédit Agricole CIB & Selected Nor dic transaction credentials

    M&A advisory Equity Capital Markets Debt Capital Markets Loan Syndication• Advising large Nordic corporations

    such as Hexagon, Tele2 and Electrolux on complex cross-border transactions

    • Leveraging capabilities in Continental Europe, Middle East, China and Latin America

    • Leading European house with strong Nordic record

    • Bookrunner for Hexagon’s SEK6.5bn rights issue (largest in Sweden in 2010) and APMM’s DKK8.8bn treasury share sale(largest Nordic ABB in 2009)

    • #5 in the Eurobond market in 2010 (Source: IFR, All corporate bonds in Euros)

    • Bookrunner for key Nordic corporations and institutions such as SEB, Carlsberg, Ericsson, Volvo, TeliaSonera etc.

    • #3 in EMEA in 2010 (Source: IFR)• Strong Nordic presence and

    balance sheet commitment • Bookrunner for Hexagon’s

    EUR2.6bn facilities – “Nordic loan of the year in 2010” (Source: Euroweek)

    Local presence and long standing Nordic commitment Advisory ECM Other

    • M&A• Disposals• Capital structure• Fairness opinions• Strategic reviews

    • IPOs• Secondary offerings• Capital increases• Spin-offs• Equity linked

    • Debt Capital Markets• Loan syndication• FX, interest rate and

    commodity hedging and trading

    CA CIB offers a full range of advisory, capital raising, financing and hedging services to corporations, institutions and governments. Presence in the Nordic region since the early 1980’s with a well established regional platform, also comprising CA Cheuvreux Nordic, its top-ranked Nordic stock broking arm.

    USD 450 M

    Acquisition of Olympic Group

    Pen

    ding

    Financial Advisor Co-Lead Manager

    DKK 5,521 M

    CHR HANSEN

    IPO

    Janu

    ary

    2011

    Financial Advisor

    EUR 110 MSale of 33% stake in Agta Record to

    Assa Abloy

    Bookrunner

    SEK 6,521 M

    Rights Issue

    Nov

    embe

    r 20

    10

    IPO

    June

    201

    0

    Co-Lead Manager

    DKK 5,521 M

    Joint Bookrunner

    EUR 1,250 M4.125% Swedish Covered Bond

    Due 2021

    Mar

    ch 2

    011

    Joint Bookrunner

    EUR 1,000 M3.375% Senior

    Unsecured BondsDue 2017

    Oct

    ober

    201

    0

    MLA & Bookrunner

    EUR 1,500 M

    Revolving Credit Facility

    Mar

    ch 2

    011

    Revolving CreditFacility

    Mar

    ch 2

    011

    MLA & Bookrunner

    SEK 4,000 M

    Financial Advisor

    Undisclosed

    Acquisition of 51% of NEO (Kazakhstan)

    Mar

    ch 2

    010

    Bookrunner

    DKK 8,261 M

    ABB

    Sep

    tem

    ber

    2009

    Co-Manager

    SEK 15,000 M

    Rights Issue

    Sep

    tem

    ber

    2009

    Joint Bookrunner

    EUR 500 M3.000% Senior

    UnsecuredDue 2017

    Sep

    tem

    ber

    2010

    Joint Bookrunner

    EUR 600 M

    5% NotesDue 2013

    June

    200

    9

    Revolving CreditFacility

    MLA & Bookrunner

    EUR 500 M

    Mar

    ch 2

    011

    EUR 1,500 M

    Mar

    ch 2

    011

    Revolving CreditFacility

    MLA & Bookrunner

    Financial Advisor

    Mar

    ch 2

    008

    EUR 5,626 M

    Acquisition of Vin & Spirit

    Financial Advisor

    EUR 950 MAcquisition and

    public tender offer for Leica Geosystems

    Oct

    ober

    200

    5

    Co-Manager

    SEK 15,069 M

    Rights Issue

    Apr

    il 20

    09

    Underwriter

    EUR 2,588 M

    Rights Issue

    Apr

    il 20

    09

    Joint Bookrunner

    EUR 500 M

    7.875% NotesDue 2012

    May

    200

    9

    Joint Bookrunner

    EUR 550 M

    5.125% NotesDue 2014

    Mar

    ch 2

    009

    EUR 2,000 M

    May

    201

    1

    Revolving CreditFacility

    MLA & Bookrunner

    Underwriter, MLA, Bookrunner& Documentation Agent

    USD 2,125 MEUR 1,000 M

    Term Loan & Revolving

    Credit Facilities

    July

    201

    0

    Disposalof Invitel

    Sep

    tem

    ber

    2009

    Financial Advisor

    Undisclosed

    “Nordic Loan of the Year in 2010”

    The strategy of CA CIB combines global reach with local presence. Through its long-standing local presence and consistent commitment to the Nordic region, CA CIB has built long-standing relationships with leading Nordic corporations and institutions, providing its support as an advisor or financing partner in connection with strategic transactions as well as on a recurring basis.

    • Since 1997• Equity Research• Equity Sales and Trading

    • Rep. Office (1993)• Shipping and Offshore

    Oslo• Branch (1986)• Corporate & Investment Banking

    Stockholm • Branch (1982)• Corporate & Investment Banking

    Helsinki

    2010

    3 Nordic Research• Since 1997• Equity Research• Equity Sales and Trading

    • Rep. Office (1993)• Shipping and Offshore

    Oslo• Branch (1986)• Corporate & Investment Banking

    Stockholm • Branch (1982)• Corporate & Investment Banking

    Helsinki

    2010

    3 Nordic Research

  • May 2011 2

    Bookrunner

    USD 950 M

    Exchangeable Bondsfor Bradesco shares

    Mar

    ch 2

    010

    Bookrunner

    EUR 1,250 M

    Convertible Bonds

    Mar

    ch 2

    009

    Bookrunner

    EUR 1,250 M

    Convertible Bonds

    Bookrunner

    EUR 3,048 M

    Rights Issue

    June

    200

    9

    Bookrunner

    EUR 3,048 M

    Rights Issue

    Bookrunner

    EUR 1,512 M

    Rights Issue

    Mar

    ch 2

    009

    Bookrunner

    EUR 1,512 M

    Rights Issue

    Crédit Agricole Cheuvreux is a leading player in Eur opean and Nordic Equity research & distribution

    Crédit Agricole CIB is a key European player in Equit y Capital Markets

    IPOs / Spin-Offs Accelerated Bookbuildings (“ABBs”)

    Local insight - global distribution capabilities

    Rights Issues Equity-Linked

    Bookrunner

    NA

    IPO

    Pen

    ding

    Advisor

    EUR 2,575 M

    Spin-Off

    July

    201

    0

    Joint Bookrunner

    USD 812 M

    IPO

    May

    201

    0

    Bookrunner

    EUR 253 M

    ABBOct

    ober

    201

    0

    Bookrunner

    GBP 925 M

    Primary ABBJanu

    ary

    2010

    Apr

    il 20

    09

    Bookrunner

    USD 4,000 MCombined Offering of Convertible Bonds and

    ABBBookrunner

    USD 4,000 MCombined Offering

    of Convertible Bondsand ABB

    Bookrunner

    DKK 8,261 M

    ABB

    Sep

    tem

    ber

    2009

    Advisor

    EUR 2,200 M

    Spin-Off

    Advisor

    EUR 2,200 M

    Spin-OffJanu

    ary

    2011

    Bookrunner

    EUR 1,222 M

    Rights Issue

    Sep

    tem

    ber

    2010

    Bookrunner

    EUR 1,114 M

    Rights Issue

    Janu

    ary

    2010

    Bookrunner

    EUR 550 M

    Convertible Bonds

    Nov

    embe

    r 20

    10

    Bookrunner

    EUR 690 M

    Exchangeable Bondsfor PPR shares

    Sep

    tem

    ber

    2010

    Bookrunner

    SEK 6,521 M

    Rights Issue

    Nov

    embe

    r 20

    10

    Bookrunner

    EUR 1,036 M

    Rights Issue

    Apr

    il 20

    09

    Bookrunner

    EUR 1,036 M

    Rights Issue

    Bookrunner

    EUR 115 M

    Convertible Bonds

    Janu

    ary

    2011

    Bookrunner

    EUR 115 M

    Convertible Bonds

    Bookrunner

    EUR 250 M

    Convertible Bonds

    Janu

    ary

    2010

    Bookrunner

    EUR 250 M

    Convertible Bonds

    Bookrunner

    EUR 200 M

    Convertible Bonds

    Nov

    embe

    r 20

    09

    Bookrunner

    EUR 1,000 M

    Convertible BondsSep

    tem

    ber

    2009

    Bookrunner

    EUR 1,000 M

    Convertible Bonds

    Bookrunner

    EUR 1,200 M

    Rights Issue

    Apr

    il 20

    09

    Bookrunner

    EUR 1,200 M

    Rights Issue

    Bookrunner

    EUR 1,500 M

    Rights Issue

    Apr

    il 20

    09

    Bookrunner

    EUR 1,500 M

    Rights Issue

    Source: Institutional Investor , Thomson Extel, Greenwich Associates, Starmine

    Country sales ranking based on commissions paidCountry sales ranking based on commissions paid

    Country Sales 2008 2009 2010

    France 4 4 3

    Germany 3 5 4

    Italy 5 3 5

    Nordic Countries 5 5 5

    Spain & Portugal 4 3 5

    Benelux 10 9 8

    Leading Non-Nordic broker in Nordic equities

    Source: Thomson Extel Survey

    CA Cheuvreux overall ranking summaryCA Cheuvreux overall ranking summary

    Leadership in European equity research and distribut ion

    Bookrunner

    EUR 87 M

    Primary ABB

    Feb

    ruar

    y 20

    07

    EUR 3,695 M

    ABB

    Dec

    embe

    r 20

    07

    Global CoordinatorBookrunnerBookrunner

    EUR 927 M

    IPO

    Dec

    embe

    r 20

    09

    Advisor Lead Underwriter

    SAR 7,000 M

    IPOMar

    ch 2

    008

    Advisor

    EUR 6,300 M

    July

    200

    8

    Spin-Off IPO

    Bookrunner

    EUR 1,015 M

    IPO

    Apr

    il 20

    07

    Bookrunner

    EUR 125 M

    ABB

    Apr

    il 20

    05

    Janu

    ary

    2008

    EUR 1,216 M

    ABB

    Global CoordinatorBookrunner

    Involvement in more than 15 transactions in the Euro pean banking sector since 2007

    38

    201201

    10

    15

    105105

    4

    74

    8

    69

    8

    7171

    7

    9797

    9393

    1919

    2424

    2121

    88

    Number of Research AnalystsNumber of Research Analysts

    Number of stocks covered by researchNumber of stocks covered by research

    762 total headcount762 total headcount

    Front office Sales forceFront office Sales force

    292

    28

    1013

    4

    8

    11

    56

    15

    11

    75

    5

    27

    6 8

    33

    4 2

    24

    425

    3 6

    Extensive

    research

    coverage

    � 790 stocks covered

    � 85% of Continental Europe mkt. cap

    � 100 analysts in 12 countries

    � 30 sector teams

    � 6 regional economists and strategists

    � 9,000 one-on-one meetings with analysts

    Number of Research AnalystsNumber of Research Analysts

    Number of stocks covered by researchNumber of stocks covered by research

    762 total headcount762 total headcount

    Front office Sales forceFront office Sales force

    1 Most award-winning brokerDeveloped Europe

    2010

    1

    2010

    1

    2010

    2010

    3Nordic Research

    2010

    1 European Small & MidCap Research

    2010

    1 European Small & MidCap Research

    2010

    1 European Small & MidCap Research

    2011

    2

    Nordic placements - 100 salesmen and sales-traders

    29

    Research by Country 2009 2010 2011 2009 2010 2009 2010 2009 2010

    France 1 3 1 1 2 1 1 1 2

    Spain 4 3 h/m 2 4 2 1 1

    Greece 2 2 3 1 5

    Italy 8 8 6 6 4 1 2

    Nordic countr ies 6 7 5 5 3 5 5

    Germany h/m 6 5 5 6 3 2 1 10

    Sw izerland 4 6 h/m 6 8 5 3

    Benelux 3 3 8 8 8 7 7

    Bookrunner

    EUR 1,036 M

    Rights Issue

    Oct

    ober

    201

    0

    Co-Lead Manager

    GBP 3,335 M

    Rights Issue

    Bookrunner

    EUR 250 M

    Convertible Bonds

    Oct

    ober

    200

    9

    Co-Bookrunner

    EUR 4,306 M

    Rights Issue

    Co-Bookrunner

    EUR 4,842 M

    Rights Issue

    Oct

    ober

    200

    9

    Bookrunner

    EUR 1,000 M

    Convertible Bonds

    June

    200

    9

    Global Coordinator

    EUR 361 M

    Rights Issue

    Bookrunner

    EUR 1,200 M

    Rights Issue

    Apr

    il 20

    10

    Sole Bookrunner

    EUR 989 M

    Rights Issue

    Bookrunner

    EUR 1,500 M

    Rights IssueSep

    tem

    ber

    2010

    Co-Bookrunner

    EUR 10,200 M

    Rights Issue

    Dec

    embe

    r 20

    09

    Rights Issue

    GBP 13.5 bn

    Senior Co-lead Bookrunner

    EUR 1,200 M

    Rights Issue

    Apr

    il 20

    09

    Bookrunner

    EUR 1,200 M

    Rights Issue

    Multi-local network

    � Multi-local sector view

    � A differentiated offer as opposed to the integrated and centralised model of main competitors

    � 22 analysts covering 85% of the overall Nordic market capitalization

    � Local knowledge providing an edge in accessing buy-side analysts

  • May 2011

    Transactions involving state owned companies

    Selected industry credentials

    Strong experience from European privatisations and tr ansactions involving state owned companies

    Consumer & Retail

    Metals & Mining

    Power & Energy

    Telecom

    Financial institutions & Real estate

    Financial Advisor to Dassault Aviation

    EUR 1,960 MAcquisition of a stake

    in Thales by Dassault Aviation

    Dec

    embe

    r 20

    08

    EUR 5,626 M

    Acquisition of V&S

    June

    200

    8

    Advisor and Sole Global Coordinator

    EUR 3,695 M

    Dec

    embe

    r 20

    07

    Advisor to Euronext

    EUR 7,927 M

    Mergerwith NYSE

    May

    200

    7

    Financial Advisor to the French State

    Merger with Thales Naval Services

    Mar

    ch 2

    007

    Financial Advisor to the French State

    EUR 6,000 M

    Privatisationof ASF

    Dec

    embe

    r 20

    05

    EUR 6,351 M

    Strategic advisory and IPO

    Nov

    embe

    r 20

    05

    EUR 4,006 M

    July

    200

    5

    Financial Advisor to the French State

    Financial Advisor to the French State

    Strategic advisory and IPO

    Financial Advisor

    EUR 4,090 M

    Disposalof Areva T&D

    2010

    Strategic advisory

    Sep

    tem

    ber

    2009

    Undisclosed

    Financial Advisor

    Disposal of minority interest in LA SNET

    to E.ON

    Oct

    ober

    200

    9

    Undisclosed

    Financial Advisor

    EUR 2,739 M

    Disposalof DistrigasO

    ctob

    er 2

    008

    Financial Advisor

    Merger with GDF

    July

    200

    8

    Financial Advisor

    Disposalof majority stake

    EUR 420 M

    Nov

    embe

    r 20

    07

    Financial Advisor

    Acquisition ofSupra by EDEV

    July

    200

    7

    Financial Advisor

    Public Tender Offeron Electrabel Shares

    EUR 11,200 M

    Aug

    ust 2

    005

    Financial Advisor

    Spin-offJanu

    ary

    2011

    Financial Advisor

    EUR 2,140 M

    Take-over by Jacquet Metals

    2010

    Financial Advisor

    EUR 275 M USD 4,000 M

    Apr

    il 20

    09

    Combined Offeringof Convertible Bonds

    and ABB

    Bookrunner

    EUR 1,250 M

    Convertible Bonds

    Mar

    ch 2

    009

    Bookrunner Financial Advisor

    Undisclosed

    July

    200

    9

    Acquisition of the majority control of PT Citra Tubindo

    USD 800 MAcquisition of three

    businesses from Grant Prideco

    Oct

    ober

    200

    7

    Financial Advisor

    USD 1,700 M

    Acquisition of Grupo Imsa

    Financial Advisor

    Apr

    il 20

    07

    EUR 25,500 M

    Financial Advisor

    Public TenderOffer by Mittal

    Aug

    ust 2

    006

    Joint Global Coordinator

    Ongoing

    IPO Hong Kong Stock Exchange

    On-

    goin

    g

    Undisclosed

    Disposal of Pieper-Heidsieck to EPI

    Apr

    il 20

    11

    Financial Advisor

    EUR 4,300 M

    Mar

    ch 2

    011

    Acquisition of Bulgari

    Financial Advisor

    EUR 1,500 M

    Disposal of PicardOct

    ober

    201

    0

    Financial Advisor Financial Advisor

    Sep

    tem

    ber

    2010

    Undisclosed

    Disposal of Fnac Eveil & Jeux

    Joint Bookrunner

    USD 812 M

    May

    201

    0IPO Hong Kong Stock Exchange

    USD 300 MAcquisition of

    Majority stake in Eldorado

    Apr

    il 20

    09

    Financial Advisor

    USD 581 M

    Apr

    il 20

    09

    Financial Advisor

    Acquisition ofWild Turkey

    Disposalto Completel

    Dec

    embe

    r 20

    10

    Financial Advisor

    Disposalof 50% stake in Vivo

    July

    201

    0

    USD 7,500 M

    Financial Advisor

    Disposalof Alice to Iliad

    EUR 800 M

    Aug

    ust 2

    008

    Financial AdvisorFinancial Advisor

    In the contextof the 51% offer

    from EtisalatPen

    ding

    201

    1

    Acquisitionof GVT

    EUR 2,000 M

    Feb

    ruar

    y 20

    10

    Financial Advisor

    Restructuringof Wind HellasJa

    nuar

    y 20

    10

    USD 2,000 M

    Financial AdvisorFinancial Advisor

    Undisclosed

    Acquisition of 51% of NEO (Kazakhstan)

    Mar

    ch 2

    010

    Disposalto Invitel

    Sep

    tem

    ber

    2009

    Financial Advisor

    Undisclosed

    Financial Advisor

    UndisclosedCreation of a JV with CNP assurances in the pensions

    business

    Pen

    ding

    2010

    Acquisitionby Icade

    EUR 1,400 M

    Financial Advisor

    Dec

    embe

    r 20

    07

    For the acquisition of 49% of Agos Itafinco

    Financial Advisor

    EUR 546 M

    Janu

    ary

    2007

    Joint venturewith PPF

    EUR 5,100 M

    Financial Advisor

    Feb

    ruar

    y 20

    08

    For the acquisitionof 15% of Bankinter

    Financial Advisor

    EUR 809 M

    Advisor and SoleGlobal Coordinator

    Advisor to Euronext

    EUR 7,927 M

    Mergerwith NYSE

    May

    200

    7

    July

    200

    8

    Capital increase

    EUR 375 M

    Bookrunner

    Strategic advisory and IPO

    EUR 1,301 MJu

    ne 2

    006

    Financial Advisor to the French State

    Strategic advisory and IPO

    EUR 1,331 M

    June

    200

    4

    Financial Advisor to the French State

    Undisclosed

    • CA CIB enjoys a long-record in privatisations and transactions involving state owned companies

    • Most active bank during the last wave of privatisations in France in 2004-07

    • During the period, CA CIB acted as advisor and/or Bookrunner in connection with the privatisations of Snecma, Gaz de France, EdF, Autoroutes du Sud de la France and Aeroports de Paris

    • CA CIB also acted as advisor and bookrunner for the IPOs Celsius and Girobank in the early 1990’s, which were among the first privatisations in Sweden and Denmark respectively

    • CA CIB was also involved in the privatisation programme in Finland during the 1990’s (Rautaruukki, Finnair, Valmet etc.) as well as of Telia in Sweden in 2000

    3

    Financial Advisor to Pernod Ricard

    Bookrunner

    EUR 1,200 M

    Rights Issue

    Apr

    il 20

    10

    Sole Bookrunner

    EUR 989 M

    Rights Issue