Credit Suisse Market Neutral

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					                                       RWE Bond Recommendation Overview
                                                        Fundamental Market View
                            Recommendation        Rating                Euro bonds                 Rating                GBP bonds
                                 as of            Change   Overweight    Neutral     Underweight   Change   Overweight    Neutral      Underweight
Barclays Capital
                                     10/22/2010                           X                                                X
    Neil Beddall
Bayerische Landesbank
                                     10/29/2010                           X                                             no coverage
   Asja Hossain
CALYON
                                     10/28/2010                                         X                               no coverage
    Franck Bataille
Citigroup
                                     10/28/2010                          coverage                                         coverage
    Kanli Zhu
CreditSights
                                     10/15/2010                           X                                                X
    Andrew Moulder
Credit Suisse
                                      11/4/2010                         coverage                                       no coverage
    Tom Gibney
DZ Bank
                                     10/19/2010                           X                                             no coverage
   Christian Albrecht
HSBC
                                       8/5/2010                          coverage                                         coverage
    Rodolphe Ranouil
UniCredit
                                     10/15/2010                           X                                             no coverage
    Christian Kleindienst
JP Morgan
                                       8/5/2010                          coverage                                         coverage
   Olek Keenan
LBBW
                                      11/4/2010                          coverage                                        no coverage
   Rodger Rinke
BoA Merrill Lynch
                                      11/1/2010                          coverage                                         coverage
   Nicholas Harrison
Santander
                                      11/3/2010                                          X                               no coverage
   Michael Charlton
Société Générale
                                     10/28/2010                           X                                                 X
  Herve Gay
West LB
                                     10/18/2010                           X                                             no coverage
  Nina Friedla
 As of 2010-11-04

				
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