Docstoc

FORTIS

Document Sample
FORTIS Powered By Docstoc
					            FORTIS INCOME STATEMENT


            Key figures Fortis
            in EUR million
                                                                      Q1 2008           Q1 2007          Change   Q1 2008   Q4 2007   Change
            Net profit before results on divestments                     808              1,167           (31%)      808      (533)        *
             - Banking                                                   721                903           (20%)      721      (881)        *
             - Insurance                                                 219                352           (38%)      219       529     (58%)
             - General (incl eliminations)                              (132)               (88)           50%      (132)     (181)    (27%)
            Results on divestments                                         0                  0               *        0       947         *

            Net profit Fortis                                            808              1,167           (31%)      808       414      95%
            Weighted average number of ordinary shares (in million)    2,191              1,544            42%     2,191     2,088       5%
            EPS (in EUR)                                                0.37               0.76           (51%)     0.37      0.20      85%
             - Before results on divestments                            0.37               0.76           (51%)     0.37     (0.26)        *
            Net equity per share (in EUR)                              14.08              16.68           (16%)    14.08     15.08      (7%)
            Return on equity                                                    (1)                (2)
                                                                        14%                17%                *        -          -        *
            (1) Rolling average, based on last four quarters
            (2) Refers to full year




7/1/2011 1:06 PM                                                                      For internal use only                                    1 of 127
            FTEs


            FTEs
                                                 Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            Banking                              47,219       46,861                1%    47,219    46,861       1%
            - Retail Banking                     18,725       18,255                3%    18,725    18,255       3%
            - Private Banking/Asset management    2,834        2,900               (2%)    2,834     2,900      (2%)
            - Merchant Banking                   14,295       14,393               (1%)   14,295    14,393      (1%)
            - Other Banking                      11,366       11,313                0%    11,366    11,313       0%
            Insurance                            15,131       14,967                1%    15,131    14,967       1%
            - Belgium                             5,359        5,298                1%     5,359     5,298       1%
            - Netherlands                         4,651        4,626                1%     4,651     4,626       1%
            - International                       5,121        5,043                2%     5,121     5,043       2%
            General                                 174          181               (4%)      174       181      (4%)
            Fortis Total                         62,524       62,010                1%    62,524    62,010       1%
            - Benelux                              63%          63%                   *     63%       63%          *
            - Outside Benelux                      37%          37%                   *     37%       37%          *




7/1/2011 1:06 PM                                           For internal use only                                       2 of 127
            SOLVENCY


            Fortis Capital Composition
            in EUR million
                                                                                     Fortis                              Bank                            Insurance             General
                                                                                              (1)                (2)              (1)              (2)
                                                                                   Q1 2008            FY 2007          Q1 2008          FY 2007            Q1 2008   FY 2007   Q1 2008    FY 2007
            Share Capital & Reserves                                                28,073             28,451           31,911           32,235             3,343     3,399     (7,181)    (7,183)
            Net profit attributable to shareholders                                  4,802              3,994            2,490            1,768             2,752     2,534       (440)      (308)
            Unrealised gains and losses                                             (2,042)               602           (2,348)            (699)              268     1,225         38         76
            Shareholders' equity                                                    30,833             33,047           32,053           33,304             6,363     7,158     (7,583)    (7,415)
            Non-innovative capital instruments                                       6,181              5,683            3,219            2,756                  -         -     2,962      2,927
            Minority Interests                                                       1,140              1,147              420              429               680       676         40         42
            - Revaluation of real estate to fair value                               1,591              1,556                 -                -            1,591     1,556           -          -
            - Revaluation of debt securities, net of tax and shadow accounting       2,148              1,288            2,038            1,070               133       235        (23)       (17)
            - Revaluation of equity securities, net of tax and shadow accounting       (30)              (528)                -            (385)              (29)     (137)        (1)        (6)
            - Goodwill                                                              (1,489)            (1,515)            (970)          (1,025)             (519)     (490)          -          -
            - Expected dividend                                                     (1,313)            (1,313)                -                -                 -         -    (1,313)    (1,313)
            - Other                                                                (13,059)           (13,302)         (12,636)         (12,897)             (423)     (405)          -          -
            Core equity                                                             26,002             26,063           24,124           23,252             7,796     8,593     (5,918)    (5,782)
            Innovative capital instruments                                           3,534              3,533            2,441            2,440               599       599        494        494
            Extended core equity                                                    29,536             29,596           26,565           25,692             8,395     9,192     (5,424)    (5,288)
            Subordinated loans                                                      12,693             12,739           15,474           15,582               756       757     (3,537)    (3,600)
            Other prudential filters and deductions on total capital               (14,346)           (14,336)         (14,071)         (14,043)             (275)     (293)          -          -
            Total capital                                                           27,883             27,999           27,968           27,231             8,876     9,656     (8,961)    (8,888)
            (1) Capital is computed under Basel II
            (2) Capital is computed under Basel I




7/1/2011 1:06 PM                                                                                    For internal use only                                                                            3 of 127
            Key Capital Indicators

                                                                                        (1)               (2)             (2)
                                                                              Q1 2008           Q1 2008         FY 2007
            Fortis
            Core equity                                                        26,002            25,984          26,063         -   -   -
            Core equity target                                                      -            20,525          19,892         -   -   -
            Amount of core equity above target                                      -             5,459           6,171         -   -   -
            Group leverage on core equity                                      18.5%             18.6%           18.2%          -   -   -

            Total available capital                                            27,883            27,751          27,999         -   -   -
            Minimum solvency requirements                                      24,313            26,782          25,725         -   -   -
            Amount of total capital above minimum solvency requirements         3,570               969           2,274         -   -   -


            Bank
            Risk-bearing capital                                               27,968            27,837          27,231         -   -   -
            Risk-weighted commitments                                         253,145           284,010         270,207         -   -   -
            - Credit risk                                                     225,860           257,489         249,280         -   -   -
            - Market risk                                                      13,271            26,521          20,927         -   -   -
            - Operational risk                                                 14,014                 -               -         -   -   -

            Core Tier 1 ratio                                                   9.5%               8.5%           8.6%          -   -   -
            Tier 1 ratio                                                       10.5%               9.3%           9.5%          -   -   -
            Total capital ratio                                                11.0%               9.8%          10.1%          -   -   -


            Insurance
            Risk-bearing capital                                                8,876             8,876           9,656         -   -   -
            Regulatory Minimum Margin (in EUR million)                          4,061             4,061           4,108         -   -   -

            Core solvency ratio                                               192.0%             192.0%         209.2%          -   -   -
            Total solvency ratio                                              218.6%             218.6%         235.1%          -   -   -
            (1) Based on RWCs and capital under Basel II for Bank and Group
            (2) Based on RWCs and capital under Basel I for Bank and Group




7/1/2011 1:06 PM                                                                              For internal use only                         4 of 127
            TOTAL BANKING


            Income Statement - Activity-based
            in EUR million
                                                              Q1 2008      Q1 2007         Change       Q1 2008    Q4 2007    Change
            Net interest income on interest-margin products    1,250         1,310               (5%)    1,250      1,304       (4%)
            Net commissions and fees                             723           726                0%       723        833      (13%)
            Capital gains on investment portfolio                182           192               (5%)      182        220      (17%)
            Treasury and financial markets                       826           389                  *      826         85          *
            Dividend and other investment income                 137            61                  *      137        297      (54%)
            Other income                                          61            38               59%        61         76      (19%)
            Total income                                       3,178         2,716               17%     3,178       2,816      13%
            Change in impairments                               (448)          (26)                 *     (448)     (2,635)    (83%)
            Net revenues                                       2,730         2,690                1%     2,730        181          *

            Staff expenses                                     (1,027)        (942)               9%     (1,027)    (1,076)     (5%)
            Other operating and administrative expenses          (662)        (708)              (6%)      (662)      (790)    (16%)
            Total expenses                                     (1,690)       (1,650)              2%     (1,690)    (1,866)     (9%)
            Profit before taxation                              1,041         1,040               0%      1,041     (1,685)        *
            Income tax expenses                                  (315)         (132)                *      (315)       807         *
            Net profit for the period                            725           908           (20%)         725       (878)         *
            Net profit attributable to minority interests          4             5            (5%)           4          3       67%
            Net profit attributable to shareholders              721           903           (20%)         721       (881)         *




7/1/2011 1:06 PM                                                         For internal use only                                         5 of 127
            Key Performance Indicators
                                                                     Q1 2008      Q1 2007          Change     Q1 2008    Q4 2007    Change
            Duration of equity (in years)                                 5.3          5.3              0%         5.3        5.3      0%
            Net interest margin (1)                                   1.97%        2.26%                  *    1.97%      2.07%          *
            Credit RWCs - Average (in EUR million) (2)               253,384      231,750               9%    253,384    252,212       0%

            Credit loss ratio (basis points) (1)                          68             5                *        68        418     (84%)

            Cost / Income ratio                                       53.2%         60.7%                 *    53.2%      66.3%          *
                                                                                             (3)
            Operating leverage                                        14.6%         (2.1%)                *          -          -        *
            Integration costs (in EUR million)                           (45)           0                 *       (45)       (35)     29%
            Financing costs ABN AMRO (in EUR million)                  (138)            0                 *     (138)      (100)      38%
            Effective Tax rate                                         30%            13%                 *     30%        48%           *
            (1) As a % of average Credit Risk-Weighted Commitments
            (2) Based upon Basel I
            (3) Refers to full year




7/1/2011 1:06 PM                                                                For internal use only                                        6 of 127
            Key Performance Indicators
                                                                  Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                            47,219      46,861               1%      47,219    46,861      1%

            Credit Quality (in EUR million)
            - Total loans to customers                            333,481     317,303                5%    333,481   317,303      5%
            - Impaired loans                                        5,326       5,356               (1%)     5,326     5,356     (1%)
            - Impaired loans as a % of total loans to customers     1.6%        1.7%                   *     1.6%      1.7%         *

            Funds under management (in EUR billion)                 198.8       207.8            (4%)        198.8     207.8     (4%)
            - Inflow/Outflow                                          1.8        13.9           (87%)          1.8       5.3    (66%)

            Basel I
            RWCs - End of period (in EUR million)                 284,010     270,207                5%    284,010   270,207      5%
            - Credit RWCs                                         257,489     249,280                3%    257,489   249,280      3%
            - Market RWCs                                          26,521      20,927               27%     26,521    20,927     27%

            Basel II
            RWCs - End of period (in EUR million)                 253,145            -                *    253,145         -        *
            - Credit RWCs                                         225,860            -                *    225,860         -        *
            - Market RWCs                                          13,271            -                *     13,271         -        *
            - Operational risk                                     14,014            -                *     14,014         -        *

            Target core equity (in EUR million)                    17,041      16,212               5%      17,041    16,212      5%
            Tier 1 ratio (1)                                        9.3%        9.5%                  *      9.3%      9.5%         *
            Return on target core equity                              9%         11%                  *        9%       11%         *
            (1) Based upon Basel I




7/1/2011 1:06 PM                                                            For internal use only                                       7 of 127
            RETAIL BANKING


            Income Statement - Activity-based
            in EUR million
                                                              Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products      696          662             5%          696       708      (2%)
            Net commissions and fees                             267          282            (5%)         267       282      (5%)
            Capital gains on investment portfolio                  3            4           (27%)           3        54     (95%)
            Treasury and financial markets                        13           11            15%           13        12       8%
            Dividend and other investment income                   4            5           (10%)           4        (1)        *
            Other income                                         150          129            16%          150        42         *
            Total income                                       1,133        1,093                4%     1,133     1,098       3%
            Change in impairments                                (30)         (33)              (8%)      (30)      (17)     71%
            Net revenues                                       1,103        1,060               4%      1,103     1,080       2%

            Staff expenses                                      (297)        (287)            4%         (297)     (290)      3%
            Other operating and administrative expenses         (100)        (122)          (18%)        (100)     (127)    (21%)
            Allocated expenses                                  (320)        (346)           (7%)        (320)     (337)     (5%)
            Total expenses                                      (718)        (755)              (5%)     (718)     (755)     (5%)
            Profit before taxation                               385          306               26%       385       325      18%
            Income tax expenses                                 (115)         (46)                 *     (115)     (108)      7%
            Net profit for the period                            270          260               4%        270       217      24%
            Net profit attributable to minority interests          0            0                 *         0         0     (25%)
            Net profit attributable to shareholders              270          260               4%        270       217      24%




7/1/2011 1:06 PM                                                        For internal use only                                       8 of 127
            Key Performance Indicators
                                                                     Q1 2008      Q1 2007          Change      Q1 2008    Q4 2007    Change
            Net interest margin (1)                                  5.43%         5.07%                   *   5.43%      5.47%           *
            Credit RWCs - Average (in EUR million) (2)               51,250        52,283               (2%)   51,250     51,833       (1%)

            Credit loss ratio (basis points) (1)                         23            25               (7%)       23         13       73%

            Cost / Income ratio                                       63.4%         69.0%                 *     63.4%      68.8%          *
                                                                                             (3)
            Operating leverage                                         8.5%         (1.6%)                *           -          -        *
            Integration costs (in EUR million)                            (3)           0                 *         (3)        (3)      0%

            Effective Tax rate                                         30%           15%                  *      30%        33%           *
            (1) As a % of average Credit Risk-Weighted Commitments
            (2) Based upon Basel I
            (3) Refers to full year




7/1/2011 1:06 PM                                                                For internal use only                                         9 of 127
            Key Performance Indicators
                                                                  Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of Fortis Bank branches                            1,534        1,537                0%     1,534     1,537       0%
            - Belgium                                              1,060        1,064                0%     1,060     1,064       0%
            - Netherlands                                            157          158               (1%)      157       158      (1%)
            - Luxembourg                                              37           37                0%        37        37       0%
            - Turkey                                                 245          243                1%       245       243       1%
            - Poland                                                  35           35                0%        35        35       0%

            No. of FTEs                                           18,725       18,255               3%     18,725    18,255       3%

            Deposits (in EUR million)                             92,223       93,198               (1%)   92,223    93,198      (1%)
            - Demand                                              19,700       20,254               (3%)   19,700    20,254      (3%)
            - Savings                                             50,753       49,679                2%    50,753    49,679       2%
            - Time                                                21,634       23,193               (7%)   21,634    23,193      (7%)
            - Other                                                  136           73               88%       136        73      88%

            Loans to Customers (in EUR million)                   85,944       85,174                1%    85,944    85,174       1%
            - Mortgages                                           62,011       61,490                1%    62,011    61,490       1%
            - Consumer Loans                                       8,349        8,102                3%     8,349     8,102       3%
            - Commercial Loans                                    15,192       15,186                0%    15,192    15,186       0%
            - Other LtC                                              392          396               (1%)      392       396      (1%)

            Credit Quality (in EUR million)
            - Impaired loans                                       1,789        2,100           (15%)       1,789     2,100     (15%)
            - Impaired loans as a % of total loans to customers    2.1%         2.5%                *       2.1%      2.5%          *

            Number of active customers (x1,000)                    5,182        5,135               1%      5,182     5,135       1%
            Number of PC Banking contracts (x1,000)                1,434        1,389               3%      1,434     1,389       3%

            Customer satisfaction indicator
            - Belgium                                               59%          64%                  *      59%       64%          *
            - Netherlands                                           75%          75%                  *      75%       75%          *
            - Luxembourg                                            71%          71%                  *      71%       71%          *

            Basel I
            RWCs - End of period (in EUR million)                 51,891       50,610               3%     51,891    50,610       3%
            - Credit RWCs                                         51,891       50,610               3%     51,891    50,610       3%
            - Market RWCs                                              -            -                 *         -         -         *

            Basel II
            RWCs - End of period (in EUR million)                 27,459             -                *    27,459         -         *
            - Credit RWCs                                         23,364             -                *    23,364         -         *
            - Market RWCs                                              -             -                *         -         -         *
            - Operational risk                                     4,095             -                *     4,095         -         *

            Target core equity (in EUR million)                    3,113        3,037               3%      3,113     3,037       3%
            Return on target core equity                            32%          33%                  *      32%       33%          *




7/1/2011 1:06 PM                                                            For internal use only                                       10 of 127
            RETAIL BANKING EX-FRANCE


            Income Statement - Activity-based
            in EUR million
                                                              Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products      696          645             8%          696       708      (2%)
            Net commissions and fees                             267          267            (0%)         267       282      (5%)
            Capital gains on investment portfolio                  3            4           (27%)           3        54     (95%)
            Treasury and financial markets                        13           11            16%           13        12       8%
            Dividend and other investment income                   4            5           (10%)           4        (1)        *
            Other income                                         150          129            16%          150        42         *
            Total income                                       1,133        1,061                7%     1,133     1,098       3%
            Change in impairments                                (30)         (33)              (9%)      (30)      (17)     71%
            Net revenues                                       1,103        1,029               7%      1,103     1,080       2%

            Staff expenses                                      (297)        (277)            8%         (297)     (290)      3%
            Other operating and administrative expenses         (100)        (116)          (13%)        (100)     (127)    (21%)
            Allocated expenses                                  (320)        (332)           (3%)        (320)     (337)     (5%)
            Total expenses                                      (718)        (724)              (1%)     (718)     (755)     (5%)
            Profit before taxation                               385          305               26%       385       325      18%
            Income tax expenses                                 (115)         (46)                 *     (115)     (108)      7%
            Net profit for the period                            270          259               4%        270       217      24%
            Net profit attributable to minority interests
            Net profit attributable to shareholders              270          259               4%        270       217      24%




7/1/2011 1:06 PM                                                        For internal use only                                       11 of 127
            MERCHANT BANKING


            Income Statement - Activity-based
            in EUR million
                                                              Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007    Change
            Net interest income on interest-margin products      625          557            12%          625       626        0%
            Net commissions and fees                             262          238            10%          262       327      (20%)
            Capital gains on investment portfolio                 22           33           (34%)          22        44      (50%)
            Treasury and financial markets                       725          323               *         725        63          *
            Dividend and other investment income                  35           36            (2%)          35        61      (42%)
            Other income                                         149           87            70%          149        80       85%
            Total income                                       1,818        1,274               43%     1,818      1,202      51%
            Change in impairments                               (404)           7                  *     (404)    (2,603)    (84%)
            Net revenues                                       1,414        1,282               10%     1,414     (1,402)       *

            Staff expenses                                      (387)        (346)              12%      (387)     (451)     (14%)
            Other operating and administrative expenses         (190)        (180)               6%      (190)     (237)     (20%)
            Allocated expenses                                  (152)        (142)               7%      (152)     (162)      (7%)
            Total expenses                                      (729)        (668)               9%      (729)      (850)    (14%)
            Profit before taxation                               685          614               12%       685     (2,252)        *
            Income tax expenses                                 (231)         (66)                 *     (231)       908         *
            Net profit for the period                            454          547           (17%)         454     (1,343)       *
            Net profit attributable to minority interests          0            1           (70%)           0         (1)       *
            Net profit attributable to shareholders              453          547           (17%)         453     (1,342)       *




7/1/2011 1:06 PM                                                        For internal use only                                        12 of 127
            Key Performance Indicators
                                                                     Q1 2008      Q1 2007           Change     Q1 2008    Q4 2007    Change
            Net interest margin (1)                                   1.44%        1.41%                   *    1.44%      1.43%          *
            Credit RWCs - Average (in EUR million) (2)               173,602      158,322               10%    173,602    174,607      (1%)

            Credit loss ratio (basis points) (1)                         91             (2)                *       91        597      (85%)

            Cost / Income ratio                                       40.1%         52.4%                  *    40.1%      70.7%          *
                                                                                              (3)
            Operating leverage                                        33.5%         (9.9%)                 *          -          -        *
            Integration costs (in EUR million)                            (5)           0                  *        (5)        (6)    (17%)
            Effective Tax rate                                         34%            11%                  *     34%        40%           *
            (1) As a % of average Credit Risk-Weighted Commitments
            (2) Based upon Basel I
            (3) Refers to full year




7/1/2011 1:06 PM                                                                For internal use only                                         13 of 127
            Key Performance Indicators
                                                                     Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                               14,295      14,393               (1%)    14,295    14,393     (1%)

            Loans to Customers Product View (in EUR million)         205,744     191,219                8%    205,744   191,219      8%
            - Mortgages                                                  977         997               (2%)       977       997     (2%)
            - Consumer Loans                                             207         202                2%        207       202      2%
            - Commercial Loans                                       120,209     116,470                3%    120,209   116,470      3%
            - Reverse Repo's                                          37,831      28,186               34%     37,831    28,186     34%
            - Securities Financing                                    26,012      24,266                7%     26,012    24,266      7%
            - Other LtC                                               20,508      21,098               (3%)    20,508    21,098     (3%)

            Credit Quality (in EUR million)
            - Impaired loans                                           3,016       2,825               7%       3,016     2,825      7%
            - Impaired loans as a % of total loans to customers        1.5%        1.5%                  *      1.5%      1.5%         *

            Basel I
            RWCs - End of period (in EUR million)                    204,673     189,978                8%    204,673   189,978      8%
            - Credit RWCs                                            178,152     169,051                5%    178,152   169,051      5%
            - Market RWCs                                             26,521      20,927               27%     26,521    20,927     27%

            Basel II
            RWCs - End of period (in EUR million)                    190,862            -                *    190,862         -        *
            - Credit RWCs                                            177,591            -                *    177,591         -        *
            - Market RWCs                                             13,271            -                *     13,271         -        *
            - Operational risk                                             -            -                *          -         -        *

            Target core equity (in EUR million)                       12,280      11,399               8%      12,280    11,399      8%
            Return on target core equity                                 2%          3%                  *        2%        3%         *

            Assets under Administration (in EUR billion)                 109         116               (6%)       109      116      (6%)
            Assets under Custody (in EUR billion)                        298         326               (9%)       298      326      (9%)
            Total Outstandings - Leasing (in EUR million)             13,213           -                  *    13,213        -         *
            Total Outstandings - Factoring (in EUR million)            2,789           -                  *     2,789        -         *

            Average 1-day, 99% VAR Global Markets (in EUR million)       38           30               27%        38        30      27%




7/1/2011 1:06 PM                                                               For internal use only                                       14 of 127
            PRIVATE BANKING & ASSET MANAGEMENT


            Income Statement - Activity-based
            in EUR million
                                                              Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products       51           44               16%        51        54      (6%)
            Net commissions and fees                             203          210               (3%)      203       236     (14%)
            Capital gains on investment portfolio                 (1)          22                  *       (1)       (2)    (62%)
            Treasury and financial markets                         9            9               (6%)        9         8       1%
            Dividend and other investment income                   8            2                  *        8         6      33%
            Other income                                          13           13                3%        13        13       4%
            Total income                                         283          300               (6%)      283       316     (10%)
            Change in impairments                                 (4)           4                  *       (4)      (13)    (69%)
            Net revenues                                         279          303               (8%)      279       303      (8%)

            Staff expenses                                      (117)          (99)             19%      (117)     (112)      4%
            Other operating and administrative expenses          (50)          (44)             12%       (50)      (63)    (21%)
            Allocated expenses                                   (53)          (40)             31%       (53)      (51)      4%
            Total expenses                                      (220)        (183)           20%         (220)     (226)     (3%)
            Profit before taxation                                59          120           (51%)          59        77     (23%)
            Income tax expenses                                  (11)         (18)          (42%)         (11)      (20)    (47%)
            Net profit for the period                             48          102           (53%)          48        56     (15%)
            Net profit attributable to minority interests          1            0               *           1        (3)        *
            Net profit attributable to shareholders               47          101           (54%)          47        60     (21%)




7/1/2011 1:06 PM                                                        For internal use only                                       15 of 127
            Key Performance Indicators
                                                 Q1 2008      Q1 2007         Change    Q1 2008    Q4 2007    Change
            Cost / Income ratio                   77.8%         61.1%               *    77.8%      71.7%         *
                                                                        (1)
            Operating leverage                   (25.8%)         0.1%               *          -          -       *
            Integration costs (in EUR million)       (21)           0               *       (21)        (7)       *
            Effective Tax rate                      18%          15%                *     18%        26%          *
            (1) Refers to full year




7/1/2011 1:06 PM                                            For internal use only                                      16 of 127
            Key Performance Indicators
                                                      Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            Funds under management (in EUR billion)    205.6        215.2            (4%)       205.6     215.2      (4%)
            - Inflow/Outflow                             2.6         12.4           (79%)         2.6       4.3     (40%)

            No. of FTEs                                2,834        2,900               (2%)    2,834     2,900      (2%)

            Basel I
            RWCs - End of period (in EUR million)      6,599        6,576               0%      6,599     6,576       0%
            - Credit RWCs                              6,599        6,576               0%      6,599     6,576       0%
            - Market RWCs                                  -            -                 *         -         -         *

            Basel II
            RWCs - End of period (in EUR million)      9,027             -                *     9,027         -         *
            - Credit RWCs                              6,887             -                *     6,887         -         *
            - Market RWCs                                  -             -                *         -         -         *
            - Operational risk                         2,140             -                *     2,140         -         *

            Target core equity (in EUR million)          396          395               0%        396       395       0%
            Return on target core equity                67%          81%                  *      67%       81%          *




7/1/2011 1:06 PM                                                For internal use only                                       17 of 127
            PRIVATE BANKING


            Income Statement - Activity-based
            in EUR million
                                                              Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products       54           46               19%        54        56      (2%)
            Net commissions and fees                             102          113               (9%)      102       114     (10%)
            Capital gains on investment portfolio                  0           22                  *        0         0      33%
            Treasury and financial markets                         9            6               43%         9         5         *
            Dividend and other investment income                   2            1                  *        2         2      19%
            Other income                                          12           12                8%        12        12       8%
            Total income                                         181          199               (9%)      181       187      (4%)
            Change in impairments                                  0            4                  *        0        (3)    (86%)
            Net revenues                                         180          203           (11%)         180       184      (2%)

            Staff expenses                                       (58)          (61)             (4%)      (58)      (66)    (11%)
            Other operating and administrative expenses          (22)          (20)             11%       (22)      (25)    (14%)
            Allocated expenses                                   (51)          (37)             36%       (51)      (48)      6%
            Total expenses                                      (131)        (118)           11%         (131)     (139)     (6%)
            Profit before taxation                                49           85           (42%)          49        45       9%
            Income tax expenses                                   (9)          (9)           (3%)          (9)      (13)    (30%)
            Net profit for the period                             40           76           (47%)          40        32      25%
            Net profit attributable to minority interests          0            0               *           0         0         *
            Net profit attributable to shareholders               40           76           (48%)          40        32      24%




7/1/2011 1:06 PM                                                        For internal use only                                       18 of 127
            Key Performance Indicators
                                                 Q1 2008      Q1 2007         Change    Q1 2008    Q4 2007    Change
            Cost / Income ratio                   72.6%         59.2%               *    72.6%      74.3%          *
                                                                        (1)
            Operating leverage                   (20.6%)         0.1%               *          -          -        *
            Integration costs (in EUR million)        (3)           0               *        (3)        (3)      0%
            Effective Tax rate                      18%          11%                *     18%        29%           *
            (1) Refers to full year




7/1/2011 1:06 PM                                            For internal use only                                      19 of 127
            Key Performance Indicators
                                                      Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                1,855        1,915               (3%)    1,855     1,915      (3%)

            Funds under management (in EUR billion)     78.7          82.3           (4%)        78.7      82.3      (4%)
            - Inflow/Outflow                             1.1           2.8          (61%)         1.1       1.3     (15%)

            Basel I
            RWCs - End of period (in EUR million)      5,760        5,620               2%      5,760     5,620       2%
            - Credit RWCs                              5,760        5,620               2%      5,760     5,620       2%
            - Market RWCs                                  -            -                 *         -         -         *

            Basel II
            RWCs - End of period (in EUR million)      7,052             -                *     7,052         -         *
            - Credit RWCs                              5,678             -                *     5,678         -         *
            - Market RWCs                                  -             -                *         -         -         *
            - Operational risk                         1,374             -                *     1,374         -         *

            Target core equity (in EUR million)          346          337               3%        346       337       3%
            Return on target core equity                51%          63%                  *      51%       63%          *




7/1/2011 1:06 PM                                                For internal use only                                       20 of 127
            ASSET MANAGEMENT


            Income Statement - Activity-based
            in EUR million
                                                              Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products       (4)          (2)           76%           (4)       (2)        *
            Net commissions and fees                             101           97             4%          101       122     (18%)
            Capital gains on investment portfolio                  0            0               *           0        (1)    (86%)
            Treasury and financial markets                        (1)           3               *          (1)        4         *
            Dividend and other investment income                   5            1               *           5         4      40%
            Other income                                           1            1           (30%)           1         1     (29%)
            Total income                                         102          100               2%        102       128     (20%)
            Change in impairments                                 (3)           0                 *        (3)       (9)    (63%)
            Net revenues                                          99          100               (2%)       99       119     (17%)

            Staff expenses                                       (59)          (38)          55%          (59)      (46)     27%
            Other operating and administrative expenses          (28)          (24)          14%          (28)      (38)    (26%)
            Allocated expenses                                    (2)           (3)         (28%)          (2)       (3)    (27%)
            Total expenses                                       (89)          (65)          36%          (89)      (87)      2%
            Profit before taxation                                10            35          (72%)          10        32     (69%)
            Income tax expenses                                   (2)           (9)         (82%)          (2)       (7)    (77%)
            Net profit for the period                              8           26           (69%)           8        25     (67%)
            Net profit attributable to minority interests          1            0            51%            1        (3)        *
            Net profit attributable to shareholders                7           26           (71%)           7        28     (73%)




7/1/2011 1:06 PM                                                        For internal use only                                       21 of 127
            Key Performance Indicators
                                                 Q1 2008      Q1 2007          Change   Q1 2008    Q4 2007    Change
            Cost / Income ratio                   87.0%         65.0%               *    87.0%      68.0%         *
                                                                         (1)
            Operating leverage                   (34.4%)        (0.2%)              *          -          -       *
            Integration costs (in EUR million)       (19)           0               *       (19)        (4)       *
            Effective Tax rate                      17%           26%               *     17%        23%          *
            (1) Refers to full year




7/1/2011 1:06 PM                                            For internal use only                                      22 of 127
            Key Performance Indicators
                                                      Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                  979          985               (1%)      979       985      (1%)

            Funds under management (in EUR billion)    126.9        132.9            (5%)       126.9     132.9      (5%)
            - Inflow/Outflow                             1.5          9.6           (84%)         1.5       3.0     (50%)

            Asset Class (in EUR billion)                 127          133            (5%)         127       133      (5%)
            - Balanced                                    35           36            (3%)          35        36      (3%)
            - Bonds                                       36           37            (3%)          36        37      (3%)
            - Equities                                    24           29           (17%)          24        29     (17%)
            - Money Market                                17           15            13%           17        15      13%
            - Structured Funds                            12           13            (8%)          12        13      (8%)
            - Others                                       3            3             0%            3         3       0%

            Distribution (in EUR billion)                127          133            (5%)         127       133      (5%)
            - Fortis                                      69           74            (7%)          69        74      (7%)
            - Third parties                               49           49             0%           49        49       0%
            - CDOs                                         9           10           (10%)           9        10     (10%)

            Clients (in EUR billion)                     127          133            (5%)         127       133      (5%)
            - Retail                                      69           71            (3%)          69        71      (3%)
            - Institutional                               49           52            (6%)          49        52      (6%)
            - CDOs                                         9           10           (10%)           9        10     (10%)

            Geographies (in EUR billion)                 127          133            (5%)         127       133      (5%)
            - Benelux                                     86           89            (3%)          86        89      (3%)
            - Europe Outside Benelux                      26           29           (10%)          26        29     (10%)
            - Rest of the World                           14           15            (7%)          14        15      (7%)




7/1/2011 1:06 PM                                                For internal use only                                       23 of 127
            OTHER BANKING


            Income Statement - Activity-based
            in EUR million
                                                              Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products     (122)          47                  *     (122)      (85)     43%
            Net commissions and fees                              (9)          (3)                 *       (9)      (12)    (21%)
            Capital gains on investment portfolio                158          133               19%       158       125      27%
            Treasury and financial markets                        79           46               73%        79         1         *
            Dividend and other investment income                  89           18                  *       89       231     (61%)
            Other income                                        (250)        (191)              31%      (250)      (60)        *
            Total income                                         (55)          49                  *      (55)      201        *
            Change in impairments                                (10)          (5)                 *      (10)       (1)       *
            Net revenues                                         (65)          45                  *      (65)      200        *

            Staff expenses                                      (226)        (210)            7%         (226)     (223)      1%
            Other operating and administrative expenses         (322)        (362)          (11%)        (322)     (363)    (11%)
            Allocated expenses                                   525          528            (1%)         525       551      (5%)
            Total expenses                                       (23)          (45)         (49%)         (23)      (35)    (35%)
            Profit before taxation                               (88)            0              *         (88)      165         *
            Income tax expenses                                   41            (1)             *          41        27      55%
            Net profit for the period                            (46)           (1)                *      (46)      192         *
            Net profit attributable to minority interests          3             3              (8%)        3         7     (55%)
            Net profit attributable to shareholders              (50)           (5)                *      (50)      184        *




7/1/2011 1:06 PM                                                        For internal use only                                       24 of 127
            Key Performance Indicators
                                                                     Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Credit RWCs - Average (in EUR million) (2)               21,945       15,207               44%    21,945    19,196      14%
            Credit loss ratio (basis points) (1)                         (2)          12                  *       (2)        0         *

            Integration costs (in EUR million)                          (16)            0                 *      (16)      (19)    (16%)
            Financing costs ABN AMRO (in EUR million)                  (138)            0                 *     (138)     (151)     (9%)

            Basel I
            RWCs - End of period (in EUR million)                    20,847       15,170               37%    20,847    23,043     (10%)
            - Credit RWCs                                            20,847       15,170               37%    20,847    23,043     (10%)
            - Market RWCs                                                 -            -                  *        -         -         *

            Basel II
            RWCs - End of period (in EUR million)                    19,887             -                 *   19,887         -         *
            - Credit RWCs                                            18,018             -                 *   18,018         -         *
            - Market RWCs                                                 -             -                 *        -         -         *
            - Operational risk                                        1,869             -                 *    1,869         -         *

            Fortis Hypotheekbank Mortgage Portfolio                  29,968       29,544                1%    29,968    29,779       1%

            Target core equity (in EUR million)                       1,251          910               37%     1,251     1,383     (10%)
            (1) As a % of average Credit Risk-Weighted Commitments
            (2) Based upon Basel I




7/1/2011 1:06 PM                                                               For internal use only                                       25 of 127
            ABNAMRO (ACQUIRED ACTIVITIES)


            Income Statement - Activity-based
            in EUR million
            PRO FORMA                                                      Q1 2008     Q1 2007         Change    Q1 2008   Q4 2007   Change
            - Retail and Commercial/Corporate activities Netherlands          206          233           (12%)      206       270     (24%)
            - Private Clients activities                                       72           78            (7%)       72        54      34%
            - Asset Management activities                                       0           50           (99%)        0        13     (97%)
            Net profit acquired ABN AMRO activities (pro forma)               279          361           (23%)      279       337     (17%)
            - Shared Assets                                                  (144)         (69)              *     (144)       95         *
            Reported net profit acquired ABN AMRO activities (Pro Forma)      135          292           (54%)      135       432     (69%)
            Adjustments to reported net profit
            - Purchase accounting                                             (51)           0               *      (51)      (77)    (34%)
            - Minority interest RFS Holdings                                   (1)           0               *       (1)       (2)    (50%)
            - Share in RFS Holdings                                             1            0               *        1         2     (50%)
            - Adjustment for results before acquisition date                    0         (292)              *        0      (176)        *
            Total adjustments to reported net profit                          (51)        (292)          (83%)      (51)     (253)    (80%)
            Net contribution of ABN AMRO activities to Fortis net profit       84            0               *       84       179     (53%)




7/1/2011 1:06 PM                                                                     For internal use only                                    26 of 127
            Key Performance Indicators
            PRO FORMA                                           Q1 2008     FY 2007          Change     Q1 2008   Q4 2007   Change
            Cost / Income ratio (1)                              66.4%        64.7%                 *    66.4%     67.7%         *
            Operating leverage (1)                               (6.6%)        1.7%    (2)
                                                                                                    *         -         -        *
            Integration costs (in EUR million)                       54           50              8%         54        50      8%
            Effective Tax rate (3)                                 22%         26%                  *     22%       24%          *
            (1) Before integration costs, excl. Shared Assets
            (2) Refers to full year
            (3) Excludes net profit of Shared Assets




7/1/2011 1:06 PM                                                          For internal use only                                      27 of 127
            Key Performance Indicators
            PRO FORMA                                         Q1 2008     FY 2007          Change      Q1 2008   Q4 2007         Change
            No. of FTEs (1)                                   24,812       25,234               (2%)   24,812    25,234            (2%)

                                                                                     (2)                                   (2)
            Funds under management (in EUR billion)            282.6        332.1           (15%)       282.6     332.1           (15%)
            - Inflow/Outflow                                    (8.0)        (3.3)              *        (8.0)     (6.7)           19%
            (1) Excluding Shared Assets
            (2) Including Asset Management Brazil €14.9 bln




7/1/2011 1:06 PM                                                        For internal use only                                             28 of 127
            in EUR million
                                                                              Q1 2008     Q4 2007
            Gross
            Integration charge Asset Management activities                        25           50           (50%)   0   0   *
            Integration charge Dutch activities                                   29            -               *   0   0   *


            Net of tax
            Integration charge Asset Management activities                        19           39           (51%)   0   0   *
            Integration charge Dutch activities                                   22            -               *   0   0   *
            Release of Bouwfonds provision (discontinued, Dutch activities)        -           47               *   0   0   *




7/1/2011 1:06 PM                                                                        For internal use only                   29 of 127
            ABN AMRO Retail and Commercial/Corporate activities Netherlands


            Income Statement - Activity-based
            in EUR million
            PRO FORMA                                                         Q1 2008     Q1 2007         Change      Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products                      651          715            (9%)        651       710      (8%)
            Net commissions and fees                                             179          206           (13%)        179       175       2%
            Capital gains on investment portfolio                                  2            0               *          2        30     (92%)
            Treasury and financial markets                                       125           40               *        125        33         *
            Dividend and other investment income                                  35            7               *         35        25      39%
            Other income                                                          45           50           (11%)         45        49      (9%)
            Total income                                                       1,037        1,018             2%       1,037     1,021       2%
            Change in impairments                                                (86)        (101)          (14%)        (86)      (73)     19%
            Net revenues                                                         950          918               4%       950       949       0%

            Staff expenses                                                      (305)        (255)              20%     (305)     (329)     (7%)
            Other operating and administrative expenses                         (386)        (354)               9%     (386)     (353)      9%
            Total expenses                                                      (691)        (609)           14%        (691)     (682)      1%
            Profit before taxation                                               259          309           (16%)        259       266      (3%)
            Income tax expenses                                                  (53)         (75)          (29%)        (53)      (44)     20%
            Net profit for the period                                            206          233           (12%)        206       222      (7%)
            Net profit attributable to minority interests                          0            0           (93%)          0         0         *
            Results on discontinued operations                                     0            0               *          0        47         *
            Net profit attributable to shareholders                              206          233           (12%)        206       270     (24%)




7/1/2011 1:06 PM                                                                        For internal use only                                      30 of 127
            Key Performance Indicators
            PRO FORMA                            Q1 2008     Q1 2007         Change    Q1 2008   Q4 2007   Change
            Cost / Income ratio (1)               63.9%        59.8%               *    63.9%     66.8%        *
            Operating leverage (1)                (6.9%)        2.5%   (2)
                                                                                   *         -         -       *
            Integration costs (in EUR million)        29           0               *        29        0        *
            Effective Tax rate                      21%         24%                *     21%       17%         *
            (1) Before integration costs
            (2) Refers to full year




7/1/2011 1:06 PM                                           For internal use only                                    31 of 127
            Key Performance Indicators
            PRO FORMA                                           Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                          20,057      20,354               (1%)    20,057    20,354     (1%)

            No. of branches                                        637          642               (1%)      637       642      (1%)

            Deposits (in EUR million)                            85,541      86,525            (1%)       85,541    86,525     (1%)
            - Demand                                             33,521      34,072            (2%)       33,521    34,072     (2%)
            - Savings                                            40,553      40,968            (1%)       40,553    40,968     (1%)
            - Time                                               10,028       9,645             4%        10,028     9,645      4%
            - Other                                               1,439       1,840           (22%)        1,439     1,840    (22%)

            Loans to Customers (in EUR million)                 135,218     132,376                2%    135,218   132,376      2%
            - Mortgages                                          84,965      84,013                1%     84,965    84,013      1%
            - Consumer Loans                                     10,839      10,976               (1%)    10,839    10,976     (1%)
            - Commercial Loans                                   38,265      36,266                6%     38,265    36,266      6%
            - Other LtC                                           1,149       1,121                2%      1,149     1,121      2%

            Customer satisfaction indicator Retail activities      84%         87%                  *       84%       87%        *




7/1/2011 1:06 PM                                                          For internal use only                                       32 of 127
            ABN AMRO Private Clients activities


            Income Statement - Activity-based
            in EUR million
            PRO FORMA                                         Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products      124          129            (4%)         124       120       3%
            Net commissions and fees                             145          171           (15%)         145       163     (11%)
            Capital gains on investment portfolio                  3            1               *           3         6     (58%)
            Treasury and financial markets                        24           21            14%           24        21      17%
            Dividend and other investment income                   1            0               *           1        (1)        *
            Other income                                          17           17             3%           17        28     (38%)
            Total income                                         314          339               (7%)      314       337      (7%)
            Change in impairments                                 (2)           1                  *       (2)       (7)    (78%)
            Net revenues                                         313          340               (8%)      313       330      (5%)

            Staff expenses                                       (82)         (88)              (7%)      (82)      (90)     (8%)
            Other operating and administrative expenses         (134)        (138)              (3%)     (134)     (156)    (14%)
            Total expenses                                      (216)        (226)           (5%)        (216)     (245)    (12%)
            Profit before taxation                                97          114           (15%)          97        85      14%
            Income tax expenses                                  (24)         (35)          (30%)         (24)      (31)    (21%)
            Net profit for the period                             72           79               (9%)       72        54      34%
            Net profit attributable to minority interests          0            1                  *        0         0         *
            Results on discontinued operations                     -            -                  *        -         -         *
            Net profit attributable to shareholders               72           78               (7%)       72        54      34%




7/1/2011 1:06 PM                                                        For internal use only                                       33 of 127
            Key Performance Indicators
            PRO FORMA                            Q1 2008     Q1 2007          Change   Q1 2008   Q4 2007   Change
            Cost / Income ratio (1)               68.7%        66.7%               *    68.7%     72.7%        *
            Operating leverage (1)                (2.8%)        1.1%    (2)
                                                                                   *         -         -       *
            Integration costs (in EUR million)         -            -              *         -         -       *
            Effective Tax rate                      25%         31%                *     25%       36%         *
            (1) Before integration costs
            (2) Refers to full year




7/1/2011 1:06 PM                                           For internal use only                                    34 of 127
            Key Performance Indicators
            PRO FORMA                                 Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                3,059        3,096               (1%)    3,059     3,096      (1%)

            Funds under management (in EUR billion)    127.8        138.0            (7%)       127.8     138.0      (7%)
            - Inflow/Outflow                             0.3          2.3           (87%)         0.3      (0.4)        *

            Geographies (in EUR billion)                 128          138            (7%)         128       138      (7%)
            - Benelux                                     65           69            (6%)          65        69      (6%)
            - Europe Outside Benelux                      51           55            (7%)          51        55      (7%)
            - Rest of the World                           12           14           (14%)          12        14     (14%)




7/1/2011 1:06 PM                                                For internal use only                                       35 of 127
            ABN AMRO Asset Managment activities


            Income Statement - Activity-based
            in EUR million
            PRO FORMA                                         Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Net interest income on interest-margin products       (3)          (6)          (54%)          (3)       (2)     16%
            Net commissions and fees                             172          209           (17%)         172       236     (27%)
            Capital gains on investment portfolio                  0            4           (95%)           0         5     (96%)
            Treasury and financial markets                       (12)           9               *         (12)        7         *
            Dividend and other investment income                   3            3           (12%)           3         3      (2%)
            Other income                                           0            0           (97%)           0         2     (99%)
            Total income                                         161          219           (27%)         161       250     (35%)
            Change in impairments                                  0            0               *           0         0     (70%)
            Net revenues                                         161          219           (27%)         161       249     (35%)

            Staff expenses                                       (91)          (83)              9%       (91)     (151)    (40%)
            Other operating and administrative expenses          (60)          (61)             (2%)      (60)      (59)      1%
            Total expenses                                      (151)        (144)            4%         (151)     (210)    (28%)
            Profit before taxation                                10           75           (86%)          10        39     (73%)
            Income tax expenses                                   (4)         (20)          (80%)          (4)      (18)    (77%)
            Net profit for the period                              6           55           (89%)           6        21     (71%)
            Net profit attributable to minority interests          6            5            10%            6         8     (30%)
            Results on discontinued operations                     0            0               *           0         0         *
            Net profit attributable to shareholders                0           50           (99%)           0        13     (97%)




7/1/2011 1:06 PM                                                        For internal use only                                       36 of 127
            Key Performance Indicators
            PRO FORMA                            Q1 2008     Q1 2007          Change   Q1 2008   Q4 2007   Change
            Cost / Income ratio (1)               78.0%        65.7%               *    78.0%     64.3%         *
            Operating leverage (1)               (13.7%)       (1.0%)   (2)
                                                                                   *         -         -        *
            Integration costs (in EUR million)        25           0               *        25        50    (50%)
            Effective Tax rate                      39%          27%               *     39%       45%          *
            (1) Before integration costs
            (2) Refers to full year




7/1/2011 1:06 PM                                           For internal use only                                    37 of 127
            Key Performance Indicators
            PRO FORMA                                         Q1 2008     FY 2007          Change      Q1 2008   Q4 2007         Change
            No. of FTEs                                        1,696        1,784               (5%)    1,696     1,784            (5%)

                                                                                     (1)                                   (1)
            Funds under management (in EUR billion)            154.8        194.1           (20%)       154.8     194.1           (20%)
            - Inflow/Outflow                                    (8.3)        (5.6)           48%         (8.3)     (6.3)           32%
            (1) Including Asset Management Brazil €14.9 bln




7/1/2011 1:06 PM                                                        For internal use only                                             38 of 127
            TOTAL INSURANCE


            Income Statement
            in EUR million
                                                                             Q1 2008     Q1 2007         Change     Q1 2008   Q4 2007   Change
            Gross written premiums                                            3,157        3,003               5%    3,157     2,210      43%
            Investment contracts without dpf                                    884          851               4%      884     1,040     (15%)
            Gross inflow Life                                                 4,041        3,853               5%    4,041     3,251      24%

            Gross written premiums Non-Life                                   1,856        1,799               3%    1,856     1,167      59%

            Operating costs                                                    (338)        (332)              2%     (338)     (375)    (10%)

            Technical Result                                                     95          230           (59%)        95      (149)        *
            - Life                                                              (12)         159               *       (12)     (204)    (94%)
            - Non-Life                                                          107           71            50%        107        55      96%
            Allocated capital gains                                              95           55            74%         95       352     (73%)
            Operating margin                                                    190          285           (33%)       190       203      (6%)
            - Life                                                               88          206           (57%)        88        88       0%
            - Non-Life                                                          103           80            29%        103       115     (10%)
            Non-allocated other income and expenses                              93          107           (13%)        93       328     (72%)
            Profit before taxation                                              284          393           (28%)       284       531     (47%)
            Income tax expenses                                                 (44)         (37)           19%        (44)        1         *
            Results on discontinued operations                                    0           13               *         0        10         *
            Net profit attributable to minority interests                        20           17            18%         20        13      48%
            Net profit attr. to shareholders before results on divestments      219          352           (38%)       219       529     (58%)
            Results on divestments                                                0            0               *         0       947         *
            Net profit attributable to shareholders                             219          352           (38%)       219     1,475     (85%)
            - Life                                                              162          271           (40%)       162     1,195     (86%)
            - Non-Life                                                           58           81           (28%)        58       286     (80%)
            - Other                                                               0            0           (57%)         0        (5)        *




7/1/2011 1:06 PM                                                                       For internal use only                                     39 of 127
            Key Performance Indicators
                                                         Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                  15,131       14,967               1%     15,131    14,967       1%

            Regulatory Minimum Margin (in EUR million)    4,061        4,108               (1%)    4,061     4,108      (1%)
            Target core equity (in EUR million)           7,107        7,189               (1%)    7,107     7,189      (1%)
            Return on target core equity                   34%          35%                   *     34%       35%          *

            Life
            Total Reserves - Life (in EUR million)       90,346       89,776                1%    90,346    89,776       1%
            - Insurance and investment contracts         59,409       57,987                2%    59,409    57,987       2%
            - Unit-linked contracts                      30,938       31,788               (3%)   30,938    31,788      (3%)

            Non-Life
            Total Reserves - Non-life (in EUR million)    9,086        8,640               5%      9,086     8,640       5%
            Reserves / Premium ratio                      164%         159%                  *     164%      159%          *




7/1/2011 1:06 PM                                                   For internal use only                                       40 of 127
            Key Performance Indicators
                                                                                            Q1 2008     Q1 2007           Change     Q1 2008   Q4 2007   Change
            Operating leverage (2)                                                          (16.1%)       (3.8%)    (1)
                                                                                                                                *         -         -         *
            Integration costs (in EUR million)                                                    -            -                *         -         -         *
            Life
            Gross Inflow (in EUR million)                                                    4,041        3,853                5%     4,041     3,251      24%
            - Individual Single                                                              2,329        2,440               (5%)    2,329     2,079      12%
            - Individual Regular                                                               752          687                9%       752       798      (6%)
            - Group Single                                                                     512          315               63%       512       132         *
            - Group Regular                                                                    448          411                9%       448       243      85%

            New business life - APE (in EUR million) (2)                                       403          342               18%       403       349      15%

            Non-Life
            Gross written premiums (in EUR million)                                          1,856        1,799                3%     1,856     1,167      59%
            - Belgium                                                                          430          402                7%       430       322      34%
            - Netherlands                                                                      864          791                9%       864       424         *
            - International                                                                    562          606               (7%)      562       421      33%

            Gross written premiums (in EUR million)                                          1,856        1,799                3%     1,856     1,167      59%
            - Accident & Health                                                                769          686               12%       769       352         *
            - Motor                                                                            420          437               (4%)      420       368      14%
            - Fire                                                                             350          370               (5%)      350       260      35%
            - Other                                                                            318          306                4%       318       186      71%

            Technical Result (in EUR million)                                                  107            71            50%         107        55      96%
            - Accident & Health                                                                 58            66           (12%)         58        19         *
            - Motor                                                                             25            28           (13%)         25       (14)        *
            - Fire                                                                              14           (36)              *         14        44     (69%)
            - Other                                                                             11            12           (13%)         11         6      83%

            Non-Life total
            Claims ratio                                                                     65.4%        69.2%                 *     65.4%     68.3%         *
            Expense ratio                                                                    31.3%        31.9%                 *     31.3%     32.6%         *
            Combined ratio                                                                   96.6%       101.2%                 *     96.6%    100.9%         *

            Non-Life Property & Casualty
            Claims ratio                                                                     63.3%        68.8%                 *     63.3%     65.1%         *
            Expense ratio                                                                    36.2%        37.5%                 *     36.2%     36.2%         *
            Combined ratio                                                                   99.6%       106.3%                 *     99.6%    101.3%         *

            Non-Life Accident & Health
            Claims ratio                                                                     69.4%        70.2%                 *     69.4%     75.6%         *
            Expense ratio                                                                    21.3%        19.6%                 *     21.3%     24.4%         *
            Combined ratio                                                                   90.7%        89.8%                 *     90.7%    100.0%         *
            (1) Refers to full year 2007,adjusted for comparative purposes
            (2) Caifor has been reclassified in Discontinued operations; figures for 2007
            periods are now reported excluding CaiFor




7/1/2011 1:06 PM                                                                                      For internal use only                                       41 of 127
            INSURANCE BELGIUM


            Income Statement - Life
            Insurance Belgium - Life
            in EUR million
                                                                             Q1 2008     Q1 2007         Change    Q1 2008   Q4 2007   Change
            Gross written premiums                                            1,355        1,504           (10%)    1,355     1,116      21%
            Investment contracts without dpf                                    176          348           (49%)      176       257     (31%)
            Gross inflow Life                                                 1,531        1,851           (17%)    1,531     1,372      12%

            Technical result                                                      7           71           (90%)        7        18     (59%)
            Allocated capital gains                                              50           25            98%        50        51      (2%)
            Operating margin                                                     57           96           (41%)       57        69     (17%)
            Non-allocated other income and expenses                              25           18            43%        25        18      36%
            Profit before taxation                                               82          114           (28%)       82        87      (6%)
            Income tax expenses                                                  10           21           (51%)       10        (1)        *
            Results on discontinued operations                                    -            -               *        -          -        *
            Net profit attributable to minority interests                         1            1           (14%)        1         2     (37%)
            Net profit attr. to shareholders before results on divestments       92          134           (32%)       92        84       9%
            Results on divestments                                                0            0               *        0         0         *
            Net profit attributable to shareholders                              92          134           (32%)       92        84       9%




7/1/2011 1:06 PM                                                                       For internal use only                                    42 of 127
            Income Statement - Non-Life
            Insurance Belgium - Non-Life
            in EUR million
                                                                             Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Gross written premiums Non-Life                                     430          402                7%       430       322      34%

            Technical result                                                     23            (9)                *       23        38     (40%)
            Allocated capital gains                                               8             5              62%         8        11     (24%)
            Operating margin                                                     31            (3)                *       31        49     (36%)
            Non-allocated other income and expenses                               3             2              37%         3        (5)        *
            Profit before taxation                                               34            (1)             *          34        45     (23%)
            Income tax expenses                                                  (7)            4              *          (7)      (10)    (25%)
            Results on discontinued operations                                     -             -             *            -         -        *
            Net profit attributable to minority interests                         0             0          (34%)           0         0     (39%)
            Net profit attr. to shareholders before results on divestments       27             2                 *       27        34     (22%)
            Results on divestments                                                -             -                 *        -         -         *
            Net profit attributable to shareholders                              27             2                 *       27        34     (22%)




7/1/2011 1:06 PM                                                                       For internal use only                                       43 of 127
            Income Statement
            Insurance Belgium
            in EUR million
                                                      Q1 2008     Q1 2007         Change     Q1 2008   Q4 2007   Change
            Operating costs                              (99)          (98)             1%      (99)      (97)      2%

            Net profit attributable to shareholders      119          136           (13%)       119       119       0%




7/1/2011 1:06 PM                                                For internal use only                                     44 of 127
            Key Performance Indicators
                                                                              Q1 2008     Q1 2007           Change    Q1 2008   Q4 2007   Change
                                                                                                      (1)
            Operating leverage                                                  1.1%       (14.4%)                *        -         -        *

            Life
            Gross Inflow (in EUR million)                                      1,531        1,851            (17%)     1,531     1,372      12%
            - Individual Single                                                1,076        1,442            (25%)     1,076       875      23%
            - Individual Regular                                                 167          180             (7%)       167       238     (30%)
            - Group Single                                                        92           59             55%         92        92       0%
            - Group Regular                                                      196          170             15%        196       167      18%

            New business life - APE (in EUR million)                             129          163            (21%)       129       146     (12%)

            Non-Life
            Gross written premiums (in EUR million)                              430          402                7%      430       322      34%
            - Accident & Health                                                  141          132                7%      141        93      51%
            - Motor                                                              125          115                9%      125        96      30%
            - Fire                                                               125          119                5%      125       105      19%
            - Other                                                               40           36               10%       40        27      45%

            Technical Result (in EUR million)                                     23            (9)              *        23        38     (40%)
            - Accident & Health                                                   12            11             6%         12        15     (22%)
            - Motor                                                                3            19           (82%)         3         6     (45%)
            - Fire                                                                 2           (38)              *         2        11     (82%)
            - Other                                                                6             0               *         6         7     (11%)

            Non-Life total
            Claims ratio                                                       65.8%        74.5%                 *    65.8%     61.8%        *
            Expense ratio                                                      36.6%        37.1%                 *    36.6%     35.9%        *
            Combined ratio                                                    102.4%       111.6%                 *   102.4%     97.7%        *

            Non-Life Property & Casualty
            Claims ratio                                                       59.2%        72.4%                 *    59.2%     54.6%        *
            Expense ratio                                                      42.3%        42.6%                 *    42.3%     41.9%        *
            Combined ratio                                                    101.5%       114.9%                 *   101.5%     96.5%        *

            Non-Life Accident & Health
            Claims ratio                                                       82.0%        79.6%                 *    82.0%     79.0%        *
            Expense ratio                                                      22.6%        23.8%                 *    22.6%     21.6%        *
            Combined ratio                                                    104.6%       103.4%                 *   104.6%    100.6%        *
            (1) Refers to full year 2007, adjusted for comparative purposes




7/1/2011 1:06 PM                                                                        For internal use only                                      45 of 127
            Key Performance Indicators
                                                         Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                   5,359        5,298               1%      5,359     5,298       1%

            Regulatory Minimum Margin (in EUR million)    1,807        1,859               (3%)    1,807     1,859      (3%)
            Target core equity (in EUR million)           3,162        3,253               (3%)    3,162     3,253      (3%)
            Return on target core equity                   16%          16%                   *     16%       16%          *

            Life
            Total Reserves - Life (in EUR million)       42,306       42,088                1%    42,306    42,088       1%
            - Insurance and investment contracts         34,781       33,934                2%    34,781    33,934       2%
            - Unit-linked contracts                       7,525        8,155               (8%)    7,525     8,155      (8%)

            Non-Life
            Total Reserves - Non-life (in EUR million)    2,883        2,751               5%      2,883     2,751       5%
            Reserves / Premium ratio                      210%         204%                  *     210%      204%          *




7/1/2011 1:06 PM                                                   For internal use only                                       46 of 127
            INSURANCE NETHERLANDS


            Income Statement - Life
            Insurance Netherlands - Life
            in EUR million
                                                                             Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Gross written premiums                                            1,408        1,181               19%     1,408       626        *
            Investment contracts without dpf                                      -            -                  *        -         -        *
            Gross inflow Life                                                 1,408        1,181               19%     1,408       626        *

            Technical result                                                    (47)          71                  *      (47)     (238)    (80%)
            Allocated capital gains                                              51           17                  *       51       236     (78%)
            Operating margin                                                      4           87           (96%)           4        (2)        *
            Non-allocated other income and expenses                              73           55            33%           73       291     (75%)
            Profit before taxation                                               77          142           (46%)          77       289     (73%)
            Income tax expenses                                                 (18)         (28)          (34%)         (18)       19         *
            Results on discontinued operations                                     -            -              *            -        -         *
            Net profit attributable to minority interests                         6            3            74%            6         5      20%
            Net profit attr. to shareholders before results on divestments       52          111           (53%)          52       303     (83%)
            Results on divestments                                                0            0               *           0         0         *
            Net profit attributable to shareholders                              52          111           (53%)          52       303     (83%)




7/1/2011 1:06 PM                                                                       For internal use only                                       47 of 127
            Income Statement - Non-Life
            Insurance Netherlands - Non-Life
            in EUR million
                                                                             Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Gross written premiums Non-Life                                     864          791                9%       864       424        *

            Technical result                                                     60           53               12%        60        12        *
            Allocated capital gains                                             (12)           2                  *      (12)       47        *
            Operating margin                                                     48           55           (13%)          48        58     (17%)
            Non-allocated other income and expenses                             (17)          17               *         (17)        0         *
            Profit before taxation                                               32            72          (56%)          32        58     (45%)
            Income tax expenses                                                 (16)          (17)          (8%)         (16)        3         *
            Results on discontinued operations                                     -             -             *            -        -         *
            Net profit attributable to minority interests                          -             -             *            -        -         *
            Net profit attr. to shareholders before results on divestments       16           55           (71%)          16        61     (74%)
            Results on divestments                                                -            -               *           -         -         *
            Net profit attributable to shareholders                              16           55           (71%)          16        61     (74%)




7/1/2011 1:06 PM                                                                       For internal use only                                       48 of 127
            Income Statement
            Insurance Netherlands
            in EUR million
                                                      Q1 2008     Q1 2007         Change     Q1 2008   Q4 2007   Change
            Operating costs                             (135)        (134)              1%     (135)     (144)     (7%)

            Net profit attributable to shareholders       68          166           (59%)        68       364     (81%)




7/1/2011 1:06 PM                                                For internal use only                                     49 of 127
            Key Performance Indicators
                                                                              Q1 2008     Q1 2007          Change      Q1 2008   Q4 2007   Change
                                                                                                     (1)
            Operating leverage                                                (30.9%)       14.4%                 *         -         -         *

            Life
            Gross Inflow (in EUR million)                                      1,408        1,181               19%     1,408       626         *
            - Individual Single                                                  388          345               12%       388       174         *
            - Individual Regular                                                 413          401                3%       413       370      12%
            - Group Single                                                       414          253               64%       414        37         *
            - Group Regular                                                      192          181                6%       192        45         *

            New business life - APE (in EUR million)                             147           90               63%       147        47         *

            Non-Life
            Gross written premiums (in EUR million)                              864          791                9%       864       424         *
            - Accident & Health                                                  571          501               14%       571       213         *
            - Motor                                                              113          110                3%       113        99      14%
            - Fire                                                                93           92                1%        93        73      27%
            - Other                                                               88           88               (1%)       88        38         *

            Technical Result (in EUR million)                                     60           53            12%           60        12         *
            - Accident & Health                                                   45           52           (13%)          45         1         *
            - Motor                                                                9            5            67%            9         4         *
            - Fire                                                                 4           (8)              *           4         7     (43%)
            - Other                                                                2            4           (54%)           2         0         *

            Non-Life total
            Claims ratio                                                       58.7%        62.7%                 *     58.7%     63.2%         *
            Expense ratio                                                      30.8%        30.4%                 *     30.8%     35.0%         *
            Combined ratio                                                     89.5%        93.1%                 *     89.5%     98.3%         *

            Non-Life Property & Casualty
            Claims ratio                                                       52.0%        58.8%                 *     52.0%     50.3%         *
            Expense ratio                                                      43.2%        44.5%                 *     43.2%     46.1%         *
            Combined ratio                                                     95.2%       103.3%                 *     95.2%     96.4%         *

            Non-Life Accident & Health
            Claims ratio                                                       64.5%        66.6%                 *     64.5%     75.6%         *
            Expense ratio                                                      20.1%        16.0%                 *     20.1%     24.5%         *
            Combined ratio                                                     84.6%        82.6%                 *     84.6%    100.1%         *
            (1) Refers to full year 2007, adjusted for comparative purposes




7/1/2011 1:06 PM                                                                        For internal use only                                       50 of 127
            Key Performance Indicators
                                                         Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                   4,651        4,626                1%     4,651     4,626       1%

            Regulatory Minimum Margin (in EUR million)    1,505        1,480                2%     1,505     1,480       2%
            Target core equity (in EUR million)           2,634        2,590                2%     2,634     2,590       2%
            Return on target core equity                   30%          34%                   *     30%       34%          *

            Life
            Total Reserves - Life (in EUR million)       27,417       27,555               (1%)   27,417    27,555      (1%)
            - Insurance and investment contracts         17,446       16,922                3%    17,446    16,922       3%
            - Unit-linked contracts                       9,971       10,633               (6%)    9,971    10,633      (6%)

            Non-Life
            Total Reserves - Non-life (in EUR million)    3,454        3,123               11%     3,454     3,123      11%
            Reserves / Premium ratio                      151%         141%                   *    151%      141%          *




7/1/2011 1:06 PM                                                   For internal use only                                       51 of 127
            INSURANCE INTERNATIONAL


            Income Statement - Life
            Insurance International - Life
            in EUR million
                                                                             Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Gross written premiums                                              394          318               24%       394       469     (16%)
            Investment contracts without dpf                                    708          503               41%       708       784     (10%)
            Gross inflow Life                                                 1,101          821               34%     1,101     1,253     (12%)

            Technical result                                                     28           17               63%        28        15      83%
            Allocated capital gains                                              (1)           5                  *       (1)        6         *
            Operating margin                                                     27           22            21%           27        21      28%
            Non-allocated other income and expenses                               9           12           (24%)           9        16     (42%)
            Profit before taxation                                               36           34                8%        36        37      (2%)
            Income tax expenses                                                  (8)          (8)               2%        (8)       (6)     32%
            Results on discontinued operations                                    0           10                  *        0         9         *
            Net profit attributable to minority interests                        11           10                5%        11         5         *
            Net profit attr. to shareholders before results on divestments       18           26           (32%)          18        35     (50%)
            Results on divestments                                                0            0               *           0       773         *
            Net profit attributable to shareholders                              18           26           (32%)          18       808     (98%)




7/1/2011 1:06 PM                                                                       For internal use only                                       52 of 127
            Income Statement - Non-Life
            Insurance International - Non-Life
            in EUR million
                                                                             Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Gross written premiums Non-Life                                     562          606               (7%)      562       421      33%

            Technical result                                                     24           27           (10%)          24         5         *
            Allocated capital gains                                              (1)           1               *          (1)        2         *
            Operating margin                                                     23           28           (17%)          23         7         *
            Non-allocated other income and expenses                              (1)           4               *          (1)       13         *
            Profit before taxation                                               22           31           (28%)          22        20      10%
            Income tax expenses                                                  (5)          (9)          (44%)          (5)       (4)     38%
            Results on discontinued operations                                    0            3               *           0         1         *
            Net profit attributable to minority interests                         2            1            19%            2         2       9%
            Net profit attr. to shareholders before results on divestments       15           23           (35%)          15        16      (6%)
            Results on divestments                                                0            0               *           0       174         *
            Net profit attributable to shareholders                              15           23           (35%)          15       190     (92%)




7/1/2011 1:06 PM                                                                       For internal use only                                       53 of 127
            Income Statement
            Insurance International
            in EUR million
                                                      Q1 2008     Q1 2007         Change     Q1 2008   Q4 2007   Change
            Operating costs                             (104)        (100)              4%     (104)     (133)    (22%)

            Net profit attributable to shareholders       33           49           (34%)        33       998     (97%)




7/1/2011 1:06 PM                                                For internal use only                                     54 of 127
            Key Performance Indicators
                                                                                            Q1 2008     Q1 2007          Change      Q1 2008   Q4 2007   Change
            Operating leverage (1)                                                           (5.7%)      (18.3%)   (2)
                                                                                                                                 *        -         -        *

            Life
            Gross Inflow (in EUR million)                                                    1,101          821               34%     1,101     1,253     (12%)
            - Individual Single                                                                865          653               32%       865     1,029     (16%)
            - Individual Regular                                                               171          106               62%       171       190     (10%)
            - Group Single                                                                       6            3                  *        6         3      68%
            - Group Regular                                                                     60           59                1%        60        31      95%

            New business life - APE (in EUR million) (1)                                       128           90               42%       128       156     (18%)

            Non-Life
            Gross written premiums (in EUR million)                                            562          606            (7%)         562       421      33%
            - Accident & Health                                                                 57           53             7%           57        45      25%
            - Motor                                                                            182          213           (14%)         182       173       5%
            - Fire                                                                             132          159           (17%)         132        82      63%
            - Other                                                                            191          182             5%          191       120      59%

            Technical Result (in EUR million)                                                   24           27           (10%)          24         5         *
            - Accident & Health                                                                  1            3           (64%)           1         4     (71%)
            - Motor                                                                             12            4               *          12       (24)        *
            - Fire                                                                               8           11           (28%)           8        27     (70%)
            - Other                                                                              3            8           (66%)           3        (1)        *

            Non-Life total
            Claims ratio                                                                     73.5%        72.7%                  *    73.5%     79.2%        *
            Expense ratio                                                                    27.3%        29.4%                  *    27.3%     27.2%        *
            Combined ratio                                                                  100.8%       102.2%                  *   100.8%    106.4%        *

            Non-Life Property & Casualty
            Claims ratio                                                                     73.7%        73.2%                  *    73.7%     80.4%        *
            Expense ratio                                                                    27.4%        29.4%                  *    27.4%     26.7%        *
            Combined ratio                                                                  101.1%       102.7%                  *   101.1%    107.1%        *

            Non-Life Accident & Health
            Claims ratio                                                                     71.8%        68.9%                  *    71.8%     66.3%        *
            Expense ratio                                                                    26.3%        29.4%                  *    26.3%     31.9%        *
            Combined ratio                                                                   98.1%        98.4%                  *    98.1%     98.2%        *
            (1) Caifor has been reclassified in Discontinued operations; figures for 2007
            periods are now reported excluding CaiFor
            (2) Refers to full year 2007, adjusted for comparative purposes




7/1/2011 1:06 PM                                                                                      For internal use only                                       55 of 127
            Key Performance Indicators
                                                         Q1 2008     FY 2007         Change       Q1 2008   Q4 2007   Change
            No. of FTEs                                   5,121        5,043               2%      5,121     5,043       2%

            Life
            Total Reserves - Life (in EUR million)       20,624       20,132               2%     20,624    20,132       2%
            - Insurance and investment contracts          7,182        7,132               1%      7,182     7,132       1%
            - Unit-linked contracts                      13,442       13,001               3%     13,442    13,001       3%

            Non-Life
            Total Reserves - Non-life (in EUR million)    2,748        2,766               (1%)    2,748     2,766      (1%)
            Reserves / Premium ratio                      143%         145%                   *    143%      145%          *




7/1/2011 1:06 PM                                                   For internal use only                                       56 of 127
            GENERAL - TOTAL AUDIT


            Income Statement
            in EUR million
                                                                             Q1 2008     Q1 2007         Change       Q1 2008   Q4 2007   Change
            Insurance premiums                                                  (23)          (22)           5%          (23)      (22)      3%
            Net interest Income                                                (109)          (87)          26%         (109)     (133)    (18%)
            Net commissions and fees                                              0             0              *           0       (19)        *
            Realised capital gains (losses) on investments                        2            (7)             *           2       (92)        *
            Treasury and financial markets                                      (58)          (17)             *         (58)       99         *
            Dividend and other investment income                                 (3)           (4)         (22%)          (3)      (20)    (85%)
            Other income                                                        (13)           (3)             *         (13)        3         *
            Total income                                                       (205)        (140)              46%      (205)     (185)     11%
            Change in impairments                                                 0            0                  *        0         1         *
            Net revenues                                                       (205)        (140)              46%      (205)     (185)     11%

            Technical charges                                                    67            47              43%        67        25         *
            Staff expenses                                                      (15)          (14)              3%       (15)      (18)    (19%)
            Other operating and administrative expenses                         (14)            1                 *      (14)      (14)      0%
            Total expenses                                                       38           34               13%        38        (7)        *
            Profit before taxation                                             (167)        (107)              57%      (167)     (192)    (13%)
            Income tax expenses                                                  36           20               76%        36         8         *
            Net profit for the period                                          (131)          (86)          52%         (131)     (184)    (29%)
            Net profit attributable to minority interests                         1             2          (48%)           1        (3)        *
            Net profit attributable to shareholders                            (132)          (88)             50%      (132)     (181)    (27%)
            Results on divestments                                                0             0                 *        0         0         *
            Net profit attr. to shareholders before results on divestments     (132)          (88)             50%      (132)     (181)    (27%)




7/1/2011 1:06 PM                                                                       For internal use only                                       57 of 127
            QUARTELY FIGURES - IFRS


            Development by quarter Fortis 2008
            Key figures 2008 (in EUR million)
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net profit attr. to shareholders before results on divestments      808             -              -        -        808    0.00001
             - Banking                                                          721             -              -        -        721    0.00001
             - Insurance                                                        219             -              -        -        219    0.00001
             - General (incl eliminations)                                     (132)            -              -        -       (132)   0.00001

            Results on divestments                                                0             -              -        -          0    0.00001

            Net profit attributable to shareholders                             808             -              -        -        808    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      58 of 127
            Development by quarter Fortis 2007
            Key figures 2007 (in EUR million)
                                                                             Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Net profit attr. to shareholders before results on divestments    1,167        1,616               797      (533)      3,047    0.00001
             - Banking                                                          903        1,159               587      (881)      1,768    0.00001
             - Insurance                                                        352          413               294       529       1,587    0.00001
             - General (incl eliminations)                                      (88)          44               (84)     (181)       (308)   0.00001

            Results on divestments                                                0             0                0       947        947     0.00001

            Net profit attributable to shareholders                           1,167        1,616               797       414       3,994    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                          59 of 127
            Development by quarter FTEs 2008

                                                 Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Banking                              47,219             -              -        -      47,219   0.00001
            - Retail Banking                     18,725             -              -        -      18,725   0.00001
            - Private Banking/Asset management    2,834             -              -        -       2,834   0.00001
            - Merchant Banking                   14,295             -              -        -      14,295   0.00001
            - Other Banking                      11,366             -              -        -      11,366   0.00001
            Insurance                            15,131             -              -        -      15,131   0.00001
            - Belgium                             5,359             -              -        -       5,359   0.00001
            - Netherlands                         4,651             -              -        -       4,651   0.00001
            - International                       5,121             -              -        -       5,121   0.00001
            General                                 174             -              -        -         174   0.00001

            Fortis Total                         62,524             -              -        -      62,524   0.00001
            - Benelux                            63.0%              -              *        -      63.0%          *
            - Outside Benelux                    37.0%              -              *        -      37.0%          *




7/1/2011 1:06 PM                                           For internal use only                                      60 of 127
            Development by quarter FTEs 2007

                                                 Q1 2007     Q2 2007         Q3 2007   Q4 2007   YTD 2007
            Banking                              45,359       46,080          46,913   46,861      46,861   0.00001
            - Retail Banking                     18,297       18,026          18,290   18,255      18,255   0.00001
            - Private Banking/Asset management    2,793        2,788           2,854    2,900       2,900   0.00001
            - Merchant Banking                   12,997       14,135          14,505   14,393      14,393   0.00001
            - Other Banking                      11,272       11,131          11,264   11,313      11,313   0.00001
            Insurance                            13,643       14,467          14,669   14,967      14,967   0.00001
            - Belgium                             5,032        5,071           5,176    5,298       5,298   0.00001
            - Netherlands                         4,387        4,439           4,515    4,626       4,626   0.00001
            - International                       4,224        4,957           4,978    5,043       5,043   0.00001
            General                                 193          192             188      181         181   0.00001

            Fortis Total                         59,195       60,739          61,770   62,010      62,010   0.00001
            - Benelux                              65%          64%             64%      63%         63%        0%
            - Outside Benelux                      35%          36%             36%      37%         37%        0%
                                                      -             -              -        -           -        -




7/1/2011 1:06 PM                                           For internal use only                                      61 of 127
            Development by quarter Fortis 2008
            in EUR million
                                                                             Q1 2008      Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Insurance sector
            Technical result
            - Life                                                               (12)            -              -        -         (12)   0.00001
            - Accident & Health                                                   58             -              -        -          58    0.00001
            - Motor                                                               25             -              -        -          25    0.00001
            - Fire                                                                14             -              -        -          14    0.00001
            - Other                                                               11             -              -        -          11    0.00001
            Technical Result                                                     95              -              -        -         95     0.00001
            Allocated capital gains                                              95              -              -        -         95     0.00001
            Operating margin                                                    190              -              -        -        190     0.00001
            Non-allocated other income and expenses                              93              -              -        -         93     0.00001
            Profit before taxation                                              284              -              -        -        284     0.00001

            Banking sector
            Net interest income on interest-margin products                   1,250              -              -        -       1,250    0.00001
            Net commissions and fees                                            723              -              -        -         723    0.00001
            Capital gains on investment portfolio                               182              -              -        -         182    0.00001
            Treasury and financial markets                                      826              -              -        -         826    0.00001
            Dividend and other investment income                                137              -              -        -         137    0.00001
            Other income                                                         61              -              -        -          61    0.00001
            Total income                                                      3,178              -              -        -       3,178    0.00001
            Change in impairments                                              (448)             -              -        -        (448)   0.00001
            Net revenues                                                      2,730              -              -        -       2,730    0.00001

            Staff expenses                                                    (1,027)            -              -        -      (1,027)   0.00001
            Other operating and administrative expenses                         (662)            -              -        -        (662)   0.00001
            Total expenses                                                    (1,690)            -              -        -      (1,690)   0.00001
            Profit before taxation                                            1,041              -              -        -       1,041    0.00001

            General
            Net revenues                                                       (205)             -              -        -       (205)    0.00001
            Total expenses                                                       38              -              -        -         38     0.00001
            Profit before taxation                                             (167)             -              -        -       (167)    0.00001

            Profit before taxation                                            1,158              -              -        -       1,158    0.00001
            Income tax expenses                                                (323)             -              -        -        (323)   0.00001
            Results on discontinued operations                                     -             -              -        -            -         0
            Net profit attributable to minority interests                        25              -              -        -          25     0.00001
            Net profit attributable to shareholders                             808              -              -        -         808    0.00001
            Results on divestments                                                0              -              -        -           0    0.00001
            Net profit attr. to shareholders before results on divestments      808              -              -        -         808    0.00001




7/1/2011 1:06 PM                                                                        For internal use only                                        62 of 127
            Development by quarter Fortis 2007
            in EUR million
                                                                             Q1 2007      Q2 2007         Q3 2007       Q4 2007    YTD 2007
            Insurance sector
            Technical result
            - Life                                                              159           208                 67      (204)        230     0.00001
            - Accident & Health                                                  66            85                 61        19         232     0.00001
            - Motor                                                              28            40                 14       (14)         68     0.00001
            - Fire                                                              (36)          (16)               (28)       44         (36)    0.00001
            - Other                                                              12            17                 19         6          54     0.00001
            Technical Result                                                    230           334               134       (149)        549     0.00001
            Allocated capital gains                                              55            23                82        352         512     0.00001
            Operating margin                                                    285           357               216        203        1,060    0.00001
            Non-allocated other income and expenses                             107           149               123        328          707    0.00001
            Profit before taxation                                              393           506               338        531        1,768    0.00001

            Banking sector
            Net interest income on interest-margin products                   1,310         1,308           1,319        1,304        5,241    0.00001
            Net commissions and fees                                            726           764             741          833        3,065    0.00001
            Capital gains on investment portfolio                               192           224             187          220          823    0.00001
            Treasury and financial markets                                      389           618             269           85        1,362    0.00001
            Dividend and other investment income                                 61            87              63          297          508    0.00001
            Other income                                                         38            35              38           76          187    0.00001
            Total income                                                      2,716         3,036           2,617         2,816      11,185    0.00001
            Change in impairments                                               (26)           (9)           (164)       (2,635)     (2,834)   0.00001
            Net revenues                                                      2,690         3,027           2,453          181        8,351    0.00001

            Staff expenses                                                     (942)         (992)         (1,016)       (1,076)     (4,026)   0.00001
            Other operating and administrative expenses                        (708)         (692)           (712)         (790)     (2,902)   0.00001
            Total expenses                                                    (1,650)       (1,684)        (1,727)       (1,866)     (6,928)   0.00001
            Profit before taxation                                            1,040         1,343               726      (1,685)      1,423    0.00001

            General
            Net revenues                                                       (140)           33               (126)     (185)        (418)   0.00001
            Total expenses                                                       34              1                27         (7)         54    0.00001
            Profit before taxation                                             (107)           33               (100)     (192)        (365)   0.00001

            Profit before taxation                                            1,326         1,882                964     (1,346)      2,826    0.00001
            Income tax expenses                                                (149)         (265)              (169)       816         235    0.00001
            Results on discontinued operations                                   13            23                 21         10          67    0.00001
            Net profit attributable to minority interests                        24            24                 19         13          80     0.00001
            Net profit attributable to shareholders                           1,167         1,616                797        413       3,994    0.00001
            Results on divestments                                                0             0                  0        947         947    0.00001
            Net profit attr. to shareholders before results on divestments    1,167         1,616                797       (533)      3,047    0.00001




7/1/2011 1:06 PM                                                                        For internal use only                                             63 of 127
            Development by quarter Banking 2008
            in EUR million
                                                              Q1 2008      Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products    1,250              -              -        -       1,250    0.00001
            Net commissions and fees                             723              -              -        -         723    0.00001
            Capital gains on investment portfolio                182              -              -        -         182    0.00001
            Treasury and financial markets                       826              -              -        -         826    0.00001
            Dividend and other investment income                 137              -              -        -         137    0.00001
            Other income                                          61              -              -        -          61    0.00001
            Total income                                       3,178              -              -        -       3,178    0.00001
            Change in impairments                               (448)             -              -        -        (448)   0.00001
            Net revenues                                       2,730              -              -        -       2,730    0.00001

            Staff expenses                                     (1,027)            -              -        -      (1,027)   0.00001
            Other operating and administrative expenses          (662)            -              -        -        (662)   0.00001
            Total expenses                                     (1,690)            -              -        -      (1,690)   0.00001
            Profit before taxation                             1,041              -              -        -       1,041    0.00001
            Income tax expenses                                 (315)             -              -        -        (315)   0.00001
            Net profit for the period                            725              -              -        -        725     0.00001
            Net profit attributable to minority interests          4              -              -        -          4     0.00001
            Net profit attributable to shareholders              721              -              -        -        721     0.00001




7/1/2011 1:06 PM                                                         For internal use only                                       64 of 127
            Development by quarter Banking 2007
            in EUR million
                                                              Q1 2007      Q2 2007         Q3 2007       Q4 2007    YTD 2007
            Net interest income on interest-margin products    1,310         1,308           1,319        1,304        5,241    0.00001
            Net commissions and fees                             726           764             741          833        3,065    0.00001
            Capital gains on investment portfolio                192           224             187          220          823    0.00001
            Treasury and financial markets                       389           618             269           85        1,362    0.00001
            Dividend and other investment income                  61            87              63          297          508    0.00001
            Other income                                          38            35              38           76          187    0.00001
            Total income                                       2,716         3,036           2,617         2,816      11,185    0.00001
            Change in impairments                                (26)           (9)           (164)       (2,635)     (2,834)   0.00001
            Net revenues                                       2,690         3,027           2,453          181        8,351    0.00001

            Staff expenses                                      (942)         (992)         (1,016)       (1,076)     (4,026)   0.00001
            Other operating and administrative expenses         (708)         (692)           (712)         (790)     (2,902)   0.00001
            Total expenses                                     (1,650)       (1,684)        (1,727)       (1,866)     (6,928)   0.00001
            Profit before taxation                             1,040         1,343                726     (1,685)      1,423    0.00001
            Income tax expenses                                 (132)         (180)              (137)       807         359    0.00001
            Net profit for the period                            908         1,163               589       (878)       1,782    0.00001
            Net profit attributable to minority interests          5             4                 2          3           14    0.00001
            Net profit attributable to shareholders              903         1,159               587       (881)       1,768    0.00001




7/1/2011 1:06 PM                                                         For internal use only                                            65 of 127
            Development by quarter Retail Banking 2008
            in EUR million
                                                              Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products      696             -              -        -        696     0.00001
            Net commissions and fees                             267             -              -        -        267     0.00001
            Capital gains on investment portfolio                  3             -              -        -          3     0.00001
            Treasury and financial markets                        13             -              -        -         13     0.00001
            Dividend and other investment income                   4             -              -        -          4     0.00001
            Other income                                         150             -              -        -        150     0.00001
            Total income                                       1,133             -              -        -       1,133    0.00001
            Change in impairments                                (30)            -              -        -         (30)   0.00001
            Net revenues                                       1,103             -              -        -       1,103    0.00001

            Staff expenses                                      (297)            -              -        -       (297)    0.00001
            Other operating and administrative expenses         (100)            -              -        -       (100)    0.00001
            Allocated expenses                                  (320)            -              -        -       (320)    0.00001
            Total expenses                                      (718)            -              -        -       (718)    0.00001
            Profit before taxation                               385             -              -        -        385     0.00001
            Income tax expenses                                 (115)            -              -        -       (115)    0.00001
            Net profit for the period                            270             -              -        -        270     0.00001
            Net profit attributable to minority interests          0             -              -        -          0     0.00001
            Net profit attributable to shareholders              270             -              -        -        270     0.00001




7/1/2011 1:06 PM                                                        For internal use only                                       66 of 127
            Development by quarter Retail Banking 2007
            in EUR million
                                                              Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products      662          643               683        708       2,697    0.00001
            Net commissions and fees                             282          262               272        282       1,097    0.00001
            Capital gains on investment portfolio                  4            0                 5         54          64    0.00001
            Treasury and financial markets                        11           12                13         12          49    0.00001
            Dividend and other investment income                   5            4                 1         (1)          8    0.00001
            Other income                                         129          219                96         42         486    0.00001
            Total income                                       1,093        1,140           1,070        1,098       4,401    0.00001
            Change in impairments                                (33)         (19)            (72)         (17)       (142)   0.00001
            Net revenues                                       1,060        1,121               998      1,080       4,259    0.00001

            Staff expenses                                      (287)        (279)              (291)     (290)     (1,146)   0.00001
            Other operating and administrative expenses         (122)        (111)              (111)     (127)       (471)   0.00001
            Allocated expenses                                  (346)        (313)              (335)     (337)     (1,331)   0.00001
            Total expenses                                      (755)        (703)              (737)     (755)     (2,949)   0.00001
            Profit before taxation                               306          418               261        325       1,310    0.00001
            Income tax expenses                                  (46)         (95)              (59)      (108)       (308)   0.00001
            Net profit for the period                            260          323               202        217       1,002    0.00001
            Net profit attributable to minority interests          0            0                 0          0           0    0.00001
            Net profit attributable to shareholders              260          323               202        217       1,002    0.00001




7/1/2011 1:06 PM                                                        For internal use only                                           67 of 127
            Development by quarter Retail Banking - Belgium 2008
            in EUR million
                                                                   Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products           387             -              -        -        387    0.00001
            Net commissions and fees                                  184             -              -        -        184    0.00001
            Capital gains on investment portfolio                       3             -              -        -          3    0.00001
            Treasury and financial markets                              5             -              -        -          5    0.00001
            Dividend and other investment income                        4             -              -        -          4    0.00001
            Other income                                               78             -              -        -         78    0.00001
            Total income                                              660             -              -        -        660    0.00001
            Change in impairments                                       9             -              -        -          9    0.00001
            Net revenues                                              669             -              -        -        669    0.00001

            Staff expenses                                           (188)            -              -        -       (188)   0.00001
            Other operating and administrative expenses               (18)            -              -        -        (18)   0.00001
            Allocated expenses                                       (201)            -              -        -       (201)   0.00001
            Total expenses                                           (407)            -              -        -       (407)   0.00001
            Profit before taxation                                    262             -              -        -        262    0.00001
            Income tax expenses                                       (85)            -              -        -        (85)   0.00001
            Net profit for the period                                 177             -              -        -        177    0.00001
            Net profit attributable to minority interests               0             -              -        -          0    0.00001
            Net profit attributable to shareholders                   177             -              -        -        177    0.00001




7/1/2011 1:06 PM                                                             For internal use only                                      68 of 127
            Development by quarter Retail Banking - Belgium 2007
            in EUR million
                                                                   Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products           373          381               396        408       1,559    0.00001
            Net commissions and fees                                  187          188               185        183         743    0.00001
            Capital gains on investment portfolio                       4            1                 3          0           8    0.00001
            Treasury and financial markets                              5            5                 4          4          18    0.00001
            Dividend and other investment income                        3            3                 5         (2)          9    0.00001
            Other income                                               70          123                54         13         260    0.00001
            Total income                                              643          700               647        606       2,597    0.00001
            Change in impairments                                      (7)           2                (5)         3          (7)   0.00001
            Net revenues                                              636          703               642        610       2,590    0.00001

            Staff expenses                                           (183)        (184)              (191)     (183)      (741)    0.00001
            Other operating and administrative expenses               (30)         (22)               (27)      (34)      (113)    0.00001
            Allocated expenses                                       (221)        (225)              (219)     (206)      (871)    0.00001
            Total expenses                                           (434)        (431)              (437)     (423)     (1,725)   0.00001
            Profit before taxation                                    202          272               205        186        865     0.00001
            Income tax expenses                                       (41)         (69)              (52)       (75)      (237)    0.00001
            Net profit for the period                                 161          202               153        112        628     0.00001
            Net profit attributable to minority interests               0            0                 0          0          0     0.00001
            Net profit attributable to shareholders                   161          202               153        112        628     0.00001




7/1/2011 1:06 PM                                                             For internal use only                                           69 of 127
            Development by quarter Retail Banking - Netherlands 2008
            in EUR million
                                                                       Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products               124             -              -        -        124    0.00001
            Net commissions and fees                                       17             -              -        -         17    0.00001
            Capital gains on investment portfolio                           -             -              -        -          -          0
            Treasury and financial markets                                  1             -              -        -          1    0.00001
            Dividend and other investment income                            -             -              -        -          -          0
            Other income                                                   25             -              -        -         25    0.00001
            Total income                                                  167             -              -        -        167    0.00001
            Change in impairments                                          (5)            -              -        -         (5)   0.00001
            Net revenues                                                  162             -              -        -        162    0.00001

            Staff expenses                                                (36)            -              -        -        (36)   0.00001
            Other operating and administrative expenses                   (19)            -              -        -        (19)   0.00001
            Allocated expenses                                            (63)            -              -        -        (63)   0.00001
            Total expenses                                               (118)            -              -        -       (118)   0.00001
            Profit before taxation                                         44             -              -        -         44    0.00001
            Income tax expenses                                           (11)            -              -        -        (11)   0.00001
            Net profit for the period                                      32             -              -        -         32    0.00001
            Net profit attributable to minority interests                   -             -              -        -          -          0
            Net profit attributable to shareholders                        32             -              -        -         32    0.00001




7/1/2011 1:06 PM                                                                 For internal use only                                      70 of 127
            Development by quarter Retail Banking - Netherlands 2007
            in EUR million
                                                                       Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products               118          117               111        114        459    0.00001
            Net commissions and fees                                       23           21                17         21         81    0.00001
            Capital gains on investment portfolio                           0            0                 3          0          3    0.00001
            Treasury and financial markets                                  1            1                 1          1          3    0.00001
            Dividend and other investment income                            0            0                 0          0          0    0.00001
            Other income                                                   21           36                15          7         79    0.00001
            Total income                                                  163          174               146        142        625    0.00001
            Change in impairments                                          (3)          (2)               (7)         0        (12)   0.00001
            Net revenues                                                  160          172               139        142        613    0.00001

            Staff expenses                                                (37)          (39)              (35)      (34)      (145)   0.00001
            Other operating and administrative expenses                   (21)          (23)              (17)      (26)       (87)   0.00001
            Allocated expenses                                            (69)          (58)              (66)      (54)      (246)   0.00001
            Total expenses                                               (127)        (121)              (117)     (114)      (479)   0.00001
            Profit before taxation                                         33           51                 22        28        134    0.00001
            Income tax expenses                                            (1)          (8)                (3)       (6)       (18)   0.00001
            Net profit for the period                                      32           43                 19        22        116    0.00001
            Net profit attributable to minority interests                   -            -                  -         -          -          0
            Net profit attributable to shareholders                        32           43                 19        22        116    0.00001




7/1/2011 1:06 PM                                                                 For internal use only                                          71 of 127
            Development by quarter Retail Banking - Luxembourg 2008
            in EUR million
                                                                      Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products               43             -              -        -         43    0.00001
            Net commissions and fees                                      25             -              -        -         25    0.00001
            Capital gains on investment portfolio                          -             -              -        -          -          0
            Treasury and financial markets                                 1             -              -        -          1    0.00001
            Dividend and other investment income                           0             -              -        -          0    0.00001
            Other income                                                  11             -              -        -         11    0.00001
            Total income                                                  81             -              -        -         81    0.00001
            Change in impairments                                         (8)            -              -        -         (8)   0.00001
            Net revenues                                                  73             -              -        -         73    0.00001

            Staff expenses                                               (12)            -              -        -        (12)   0.00001
            Other operating and administrative expenses                   (3)            -              -        -         (3)   0.00001
            Allocated expenses                                           (27)            -              -        -        (27)   0.00001
            Total expenses                                               (42)            -              -        -        (42)   0.00001
            Profit before taxation                                        32             -              -        -         32    0.00001
            Income tax expenses                                           (8)            -              -        -         (8)   0.00001
            Net profit for the period                                     23             -              -        -         23    0.00001
            Net profit attributable to minority interests                  -             -              -        -          -          0
            Net profit attributable to shareholders                       23             -              -        -         23    0.00001




7/1/2011 1:06 PM                                                                For internal use only                                      72 of 127
            Development by quarter Retail Banking - Luxembourg 2007
            in EUR million
                                                                      Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Net interest income on interest-margin products               43           41               41         42        168    0.00001
            Net commissions and fees                                      27           25               24         28        104    0.00001
            Capital gains on investment portfolio                          0            0                0          0          0    0.00001
            Treasury and financial markets                                 1            1                1          1          4    0.00001
            Dividend and other investment income                           0            0                0          0          1    0.00001
            Other income                                                   7           12                5          1         25    0.00001
            Total income                                                  79           80                72        72        303    0.00001
            Change in impairments                                         (3)           2               (25)       (3)       (29)   0.00001
            Net revenues                                                  75           82               47         69        274    0.00001

            Staff expenses                                               (11)          (11)             (11)      (12)       (46)   0.00001
            Other operating and administrative expenses                   (3)           (4)              (3)       (3)       (13)   0.00001
            Allocated expenses                                           (27)          (29)             (27)      (29)      (111)   0.00001
            Total expenses                                               (41)          (44)             (42)      (43)      (170)   0.00001
            Profit before taxation                                        34           37                 6        26        103    0.00001
            Income tax expenses                                           (6)          (8)                1        (9)       (22)   0.00001
            Net profit for the period                                     29           29                 7        17         82    0.00001
            Net profit attributable to minority interests                  -            -                 -         -          -          0
            Net profit attributable to shareholders                       29           29                 7        17         82    0.00001




7/1/2011 1:06 PM                                                                For internal use only                                         73 of 127
            Development by quarter Retail Banking - International & Consumer Finance 2008
            in EUR million
                                                                                 Q1 2008      Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products                         143              -              -        -        143    0.00001
            Net commissions and fees                                                 41              -              -        -         41    0.00001
            Capital gains on investment portfolio                                     0              -              -        -          0    0.00001
            Treasury and financial markets                                            6              -              -        -          6    0.00001
            Dividend and other investment income                                      0              -              -        -          0    0.00001
            Other income                                                             35              -              -        -         35    0.00001
            Total income                                                            225              -              -        -        225    0.00001
            Change in impairments                                                   (26)             -              -        -        (26)   0.00001
            Net revenues                                                            199              -              -        -        199    0.00001

            Staff expenses                                                           (54)            -              -        -        (54)   0.00001
            Other operating and administrative expenses                              (57)            -              -        -        (57)   0.00001
            Allocated expenses                                                       (40)            -              -        -        (40)   0.00001
            Total expenses                                                          (151)            -              -        -       (151)   0.00001
            Profit before taxation                                                    48             -              -        -         48    0.00001
            Income tax expenses                                                      (11)            -              -        -        (11)   0.00001
            Net profit for the period                                                 37             -              -        -         37    0.00001
            Net profit attributable to minority interests                              0             -              -        -          0    0.00001
            Net profit attributable to shareholders                                   37             -              -        -         37    0.00001




7/1/2011 1:06 PM                                                                            For internal use only                                      74 of 127
            Development by quarter Retail Banking - International & Consumer Finance 2007
            in EUR million
                                                                                 Q1 2007      Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products                         128           104               135        145        512    0.00001
            Net commissions and fees                                                 44            29                46         47        167    0.00001
            Capital gains on investment portfolio                                     0             0                 0         53         53    0.00001
            Treasury and financial markets                                            4             5                 8          6         24    0.00001
            Dividend and other investment income                                      1             0                (5)         1         (2)   0.00001
            Other income                                                             31            47                22         11        112    0.00001
            Total income                                                            209           186               206        264        865    0.00001
            Change in impairments                                                   (19)          (22)              (35)       (18)       (94)   0.00001
            Net revenues                                                            190           164               171        247        771    0.00001

            Staff expenses                                                           (49)          (35)              (50)      (52)      (186)   0.00001
            Other operating and administrative expenses                              (58)          (48)              (55)      (65)      (226)   0.00001
            Allocated expenses                                                       (46)          (22)              (40)      (44)      (151)   0.00001
            Total expenses                                                          (153)        (105)              (144)     (162)      (564)   0.00001
            Profit before taxation                                                    37            59                26        85        208    0.00001
            Income tax expenses                                                        1           (10)               (5)      (18)       (32)   0.00001
            Net profit for the period                                                 38           50                 21        67        176    0.00001
            Net profit attributable to minority interests                              0            0                  0         0          0    0.00001
            Net profit attributable to shareholders                                   38           50                 21        67        176    0.00001




7/1/2011 1:06 PM                                                                            For internal use only                                          75 of 127
            Development by quarter Merchant Banking 2008
            in EUR million
                                                              Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products      625             -              -        -        625     0.00001
            Net commissions and fees                             262             -              -        -        262     0.00001
            Capital gains on investment portfolio                 22             -              -        -         22     0.00001
            Treasury and financial markets                       725             -              -        -        725     0.00001
            Dividend and other investment income                  35             -              -        -         35     0.00001
            Other income                                         149             -              -        -        149     0.00001
            Total income                                       1,818             -              -        -       1,818    0.00001
            Change in impairments                               (404)            -              -        -        (404)   0.00001
            Net revenues                                       1,414             -              -        -       1,414    0.00001

            Staff expenses                                      (387)            -              -        -       (387)    0.00001
            Other operating and administrative expenses         (190)            -              -        -       (190)    0.00001
            Allocated expenses                                  (152)            -              -        -       (152)    0.00001
            Total expenses                                      (729)            -              -        -       (729)    0.00001
            Profit before taxation                               685             -              -        -        685     0.00001
            Income tax expenses                                 (231)            -              -        -       (231)    0.00001
            Net profit for the period                            454             -              -        -        454     0.00001
            Net profit attributable to minority interests          0             -              -        -          0     0.00001
            Net profit attributable to shareholders              453             -              -        -        453     0.00001




7/1/2011 1:06 PM                                                        For internal use only                                       76 of 127
            Development by quarter Merchant Banking 2007
            in EUR million
                                                              Q1 2007     Q2 2007         Q3 2007       Q4 2007    YTD 2007
            Net interest income on interest-margin products      557          621               593        626        2,398    0.00001
            Net commissions and fees                             238          275               259        327        1,099    0.00001
            Capital gains on investment portfolio                 33           36                47         44          160    0.00001
            Treasury and financial markets                       323          468               188         63        1,042    0.00001
            Dividend and other investment income                  36           42                39         61          179    0.00001
            Other income                                          87          138                88         80          393    0.00001
            Total income                                       1,274        1,581           1,215         1,202       5,272    0.00001
            Change in impairments                                  7           11             (91)       (2,603)     (2,676)   0.00001
            Net revenues                                       1,282        1,593           1,124        (1,402)      2,596    0.00001

            Staff expenses                                      (346)        (400)              (394)     (451)      (1,590)   0.00001
            Other operating and administrative expenses         (180)        (209)              (210)     (237)        (837)   0.00001
            Allocated expenses                                  (142)        (148)              (152)     (162)        (604)   0.00001
            Total expenses                                      (668)        (757)              (756)     (850)      (3,030)   0.00001
            Profit before taxation                               614          836               368      (2,252)      (434)    0.00001
            Income tax expenses                                  (66)         (77)              (30)        908        735     0.00001
            Net profit for the period                            547          759               338      (1,343)       301     0.00001
            Net profit attributable to minority interests          1            0                 0          (1)         0     0.00001
            Net profit attributable to shareholders              547          759               338      (1,342)       301     0.00001




7/1/2011 1:06 PM                                                        For internal use only                                            77 of 127
            Development by quarter Corporate & Public Banking 2008
            in EUR million
                                                                     Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products              97             -              -        -         97    0.00001
            Net commissions and fees                                     10             -              -        -         10    0.00001
            Capital gains on investment portfolio                         0             -              -        -          0    0.00001
            Treasury and financial markets                               19             -              -        -         19    0.00001
            Dividend and other investment income                          0             -              -        -          0    0.00001
            Other income                                                 16             -              -        -         16    0.00001
            Total income                                                142             -              -        -        142    0.00001
            Change in impairments                                        23             -              -        -         23    0.00001
            Net revenues                                                165             -              -        -        165    0.00001

            Staff expenses                                              (13)            -              -        -        (13)   0.00001
            Other operating and administrative expenses                  (2)            -              -        -         (2)   0.00001
            Allocated expenses                                          (31)            -              -        -        (31)   0.00001
            Total expenses                                              (45)            -              -        -        (45)   0.00001
            Profit before taxation                                      119             -              -        -        119    0.00001
            Income tax expenses                                         (35)            -              -        -        (35)   0.00001
            Net profit for the period                                    84             -              -        -         84    0.00001
            Net profit attributable to minority interests                 -             -              -        -          -          0
            Net profit attributable to shareholders                      84             -              -        -         84    0.00001




7/1/2011 1:06 PM                                                               For internal use only                                      78 of 127
            Development by quarter Corporate & Public Banking 2007
            in EUR million
                                                                     Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Net interest income on interest-margin products             106            98               97        98        400    0.00001
            Net commissions and fees                                     13            12               15         7         46    0.00001
            Capital gains on investment portfolio                         0             0                0        (1)        (1)   0.00001
            Treasury and financial markets                              (18)          (11)              18        35         24    0.00001
            Dividend and other investment income                          0             1                0         1          2    0.00001
            Other income                                                 16            28               12         2         58    0.00001
            Total income                                                117          128               142       143        530    0.00001
            Change in impairments                                        14           32                55        36        137    0.00001
            Net revenues                                                131          159               197       179        667    0.00001

            Staff expenses                                              (13)          (14)             (13)      (13)       (54)   0.00001
            Other operating and administrative expenses                  (2)           (3)              (7)        0        (12)   0.00001
            Allocated expenses                                          (30)          (29)             (29)      (29)      (117)   0.00001
            Total expenses                                              (46)          (46)             (49)      (42)      (183)   0.00001
            Profit before taxation                                       85          114               149       137        484    0.00001
            Income tax expenses                                         (17)         (25)              (39)      (37)      (117)   0.00001
            Net profit for the period                                    69           89               110       100        367    0.00001
            Net profit attributable to minority interests                 -            -                 -         -          -          0
            Net profit attributable to shareholders                      69           89               110       100        367    0.00001




7/1/2011 1:06 PM                                                               For internal use only                                         79 of 127
            Development by quarter Commercial & Investment Banking 2008
            in EUR million
                                                                          Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products                  253             -              -        -        253    0.00001
            Net commissions and fees                                          94             -              -        -         94    0.00001
            Capital gains on investment portfolio                             22             -              -        -         22    0.00001
            Treasury and financial markets                                    14             -              -        -         14    0.00001
            Dividend and other investment income                              16             -              -        -         16    0.00001
            Other income                                                      79             -              -        -         79    0.00001
            Total income                                                     479             -              -        -        479    0.00001
            Change in impairments                                            (39)            -              -        -        (39)   0.00001
            Net revenues                                                     440             -              -        -        440    0.00001

            Staff expenses                                                   (87)            -              -        -        (87)   0.00001
            Other operating and administrative expenses                      (39)            -              -        -        (39)   0.00001
            Allocated expenses                                              (110)            -              -        -       (110)   0.00001
            Total expenses                                                  (236)            -              -        -       (236)   0.00001
            Profit before taxation                                           204             -              -        -        204    0.00001
            Income tax expenses                                              (17)            -              -        -        (17)   0.00001
            Net profit for the period                                        187             -              -        -        187    0.00001
            Net profit attributable to minority interests                      0             -              -        -          0    0.00001
            Net profit attributable to shareholders                          187             -              -        -        187    0.00001




7/1/2011 1:06 PM                                                                    For internal use only                                      80 of 127
            Development by quarter Commercial & Investment Banking 2007
            in EUR million
                                                                          Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products                  232          240               242        258        972     0.00001
            Net commissions and fees                                          92           90                82        133        398     0.00001
            Capital gains on investment portfolio                             30           36                (2)        36        101     0.00001
            Treasury and financial markets                                    59          107                88        (20)       234     0.00001
            Dividend and other investment income                              14           19                14         40         87     0.00001
            Other income                                                      40           62                42         32        175     0.00001
            Total income                                                     467          554               467        478       1,967    0.00001
            Change in impairments                                              4           (1)              (28)         8         (16)   0.00001
            Net revenues                                                     472          554               439        486       1,951    0.00001

            Staff expenses                                                   (85)         (88)               (88)      (96)      (357)    0.00001
            Other operating and administrative expenses                      (32)         (36)               (36)      (48)      (152)    0.00001
            Allocated expenses                                              (104)        (117)              (114)     (131)      (465)    0.00001
            Total expenses                                                  (220)        (241)              (238)     (275)      (974)    0.00001
            Profit before taxation                                           251          312               202        212        977     0.00001
            Income tax expenses                                              (30)         (30)               (8)       (55)      (122)    0.00001
            Net profit for the period                                        222          283               194        157        855     0.00001
            Net profit attributable to minority interests                      1            0                 0         (1)         0     0.00001
            Net profit attributable to shareholders                          221          282               194        157        855     0.00001




7/1/2011 1:06 PM                                                                    For internal use only                                           81 of 127
            Development by quarter Markets 2008
            in EUR million
                                                              Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products      101             -              -        -        101    0.00001
            Net commissions and fees                              92             -              -        -         92    0.00001
            Capital gains on investment portfolio                  0             -              -        -          0    0.00001
            Treasury and financial markets                       473             -              -        -        473    0.00001
            Dividend and other investment income                   6             -              -        -          6    0.00001
            Other income                                          17             -              -        -         17    0.00001
            Total income                                         688             -              -        -        688    0.00001
            Change in impairments                               (372)            -              -        -       (372)   0.00001
            Net revenues                                         317             -              -        -        317    0.00001

            Staff expenses                                      (112)            -              -        -       (112)   0.00001
            Other operating and administrative expenses          (60)            -              -        -        (60)   0.00001
            Allocated expenses                                  (119)            -              -        -       (119)   0.00001
            Total expenses                                      (291)            -              -        -       (291)   0.00001
            Profit before taxation                                25             -              -        -         25    0.00001
            Income tax expenses                                  (70)            -              -        -        (70)   0.00001
            Net profit for the period                            (45)            -              -        -        (45)   0.00001
            Net profit attributable to minority interests          0             -              -        -          0    0.00001
            Net profit attributable to shareholders              (45)            -              -        -        (45)   0.00001




7/1/2011 1:06 PM                                                        For internal use only                                      82 of 127
            Development by quarter Markets 2007
            in EUR million
                                                              Q1 2007     Q2 2007         Q3 2007       Q4 2007    YTD 2007
            Net interest income on interest-margin products       87           91                 90        99         367     0.00001
            Net commissions and fees                              79           91                 95       116         382     0.00001
            Capital gains on investment portfolio                  3            0                  2        (1)          4     0.00001
            Treasury and financial markets                       278          357                 82        40         757     0.00001
            Dividend and other investment income                   9           11                 12         9          41     0.00001
            Other income                                           7           11                 16        26          60     0.00001
            Total income                                         463          562                296        290       1,611    0.00001
            Change in impairments                                 (3)         (19)              (107)    (2,663)     (2,793)   0.00001
            Net revenues                                         460          543               189      (2,374)     (1,182)   0.00001

            Staff expenses                                      (102)        (109)              (113)     (130)       (453)    0.00001
            Other operating and administrative expenses          (50)         (49)               (54)      (63)       (216)    0.00001
            Allocated expenses                                  (122)        (115)              (121)     (140)       (498)    0.00001
            Total expenses                                      (274)        (273)              (288)     (332)      (1,167)   0.00001
            Profit before taxation                               186          270                (99)    (2,706)     (2,349)   0.00001
            Income tax expenses                                   (6)          11                 39      1,027       1,071    0.00001
            Net profit for the period                            180          281                (60)    (1,678)     (1,277)   0.00001
            Net profit attributable to minority interests          0            0                  0          0           0    0.00001
            Net profit attributable to shareholders              180          281                (60)    (1,678)     (1,277)   0.00001




7/1/2011 1:06 PM                                                        For internal use only                                            83 of 127
            Development by quarter Specialised Finance 2008
            in EUR million
                                                              Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products      153             -              -        -        153    0.00001
            Net commissions and fees                              59             -              -        -         59    0.00001
            Capital gains on investment portfolio                  0             -              -        -          0    0.00001
            Treasury and financial markets                        (6)            -              -        -         (6)   0.00001
            Dividend and other investment income                  12             -              -        -         12    0.00001
            Other income                                          37             -              -        -         37    0.00001
            Total income                                         255             -              -        -        255    0.00001
            Change in impairments                                (13)            -              -        -        (13)   0.00001
            Net revenues                                         242             -              -        -        242    0.00001

            Staff expenses                                       (59)            -              -        -        (59)   0.00001
            Other operating and administrative expenses          (34)            -              -        -        (34)   0.00001
            Allocated expenses                                   (36)            -              -        -        (36)   0.00001
            Total expenses                                      (128)            -              -        -       (128)   0.00001
            Profit before taxation                               114             -              -        -        114    0.00001
            Income tax expenses                                  (33)            -              -        -        (33)   0.00001
            Net profit for the period                             82             -              -        -         82    0.00001
            Net profit attributable to minority interests          0             -              -        -          0    0.00001
            Net profit attributable to shareholders               82             -              -        -         82    0.00001




7/1/2011 1:06 PM                                                        For internal use only                                      84 of 127
            Development by quarter Specialised Finance 2007
            in EUR million
                                                              Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products      132          158               146        147        583    0.00001
            Net commissions and fees                              54           56                58         54        222    0.00001
            Capital gains on investment portfolio                  0            0                 2          9         10    0.00001
            Treasury and financial markets                         4           16                (2)         9         27    0.00001
            Dividend and other investment income                  11           11                12         13         47    0.00001
            Other income                                          23           37                19         14         93    0.00001
            Total income                                         224          278               235        246        983    0.00001
            Change in impairments                                 (8)           3                (9)        19          5    0.00001
            Net revenues                                         216          281               226        264        988    0.00001

            Staff expenses                                       (54)          (60)              (62)      (60)      (235)   0.00001
            Other operating and administrative expenses          (31)          (36)              (36)      (26)      (129)   0.00001
            Allocated expenses                                   (35)          (29)              (33)      (43)      (140)   0.00001
            Total expenses                                      (120)        (126)              (131)     (128)      (505)   0.00001
            Profit before taxation                                96          155                 95       136        483    0.00001
            Income tax expenses                                  (15)         (38)               (16)      (38)      (108)   0.00001
            Net profit for the period                             81          117                 80        98        375    0.00001
            Net profit attributable to minority interests          0            0                  0         0          0    0.00001
            Net profit attributable to shareholders               81          117                 80        98        375    0.00001




7/1/2011 1:06 PM                                                        For internal use only                                          85 of 127
            Development by quarter Private Banking & Asset Management 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products                      51             -              -        -         51    0.00001
            Net commissions and fees                                            203             -              -        -        203    0.00001
            Capital gains on investment portfolio                                (1)            -              -        -         (1)   0.00001
            Treasury and financial markets                                        9             -              -        -          9    0.00001
            Dividend and other investment income                                  8             -              -        -          8    0.00001
            Other income                                                         13             -              -        -         13    0.00001
            Total income                                                        283             -              -        -        283    0.00001
            Change in impairments                                                (4)            -              -        -         (4)   0.00001
            Net revenues                                                        279             -              -        -        279    0.00001

            Staff expenses                                                     (117)            -              -        -       (117)   0.00001
            Other operating and administrative expenses                         (50)            -              -        -        (50)   0.00001
            Allocated expenses                                                  (53)            -              -        -        (53)   0.00001
            Total expenses                                                     (220)            -              -        -       (220)   0.00001
            Profit before taxation                                               59             -              -        -         59    0.00001
            Income tax expenses                                                 (11)            -              -        -        (11)   0.00001
            Net profit for the period                                            48             -              -        -         48    0.00001
            Net profit attributable to minority interests                         1             -              -        -          1    0.00001
            Net profit attributable to shareholders                              47             -              -        -         47    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      86 of 127
            Development by quarter Private Banking & Asset Management 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products                      44           42                49         54        189     0.00001
            Net commissions and fees                                            210          229               210        236        886     0.00001
            Capital gains on investment portfolio                                22            0                 3         (2)        23     0.00001
            Treasury and financial markets                                        9            9                 7          8         34     0.00001
            Dividend and other investment income                                  2            4                12          6         23     0.00001
            Other income                                                         13           25                 8         13         59     0.00001
            Total income                                                        300          310               289        316       1,214    0.00001
            Change in impairments                                                 4            2                 1        (13)         (6)   0.00001
            Net revenues                                                        303          311               291        303       1,208    0.00001

            Staff expenses                                                      (99)        (104)              (110)     (112)      (425)    0.00001
            Other operating and administrative expenses                         (44)         (49)               (50)      (63)      (206)    0.00001
            Allocated expenses                                                  (40)         (48)               (44)      (51)      (183)    0.00001
            Total expenses                                                     (183)        (201)              (204)     (226)      (815)    0.00001
            Profit before taxation                                              120          110                 86        77        393     0.00001
            Income tax expenses                                                 (18)         (20)               (14)      (20)       (73)    0.00001
            Net profit for the period                                           102           90                 72        56        320     0.00001
            Net profit attributable to minority interests                         0            1                  2        (3)         0     0.00001
            Net profit attributable to shareholders                             101           89                 70        60        321     0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                           87 of 127
            Development by quarter Private Banking 2008
            in EUR million
                                                              Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products       54             -              -        -         54    0.00001
            Net commissions and fees                             102             -              -        -        102    0.00001
            Capital gains on investment portfolio                  0             -              -        -          0    0.00001
            Treasury and financial markets                         9             -              -        -          9    0.00001
            Dividend and other investment income                   2             -              -        -          2    0.00001
            Other income                                          12             -              -        -         12    0.00001
            Total income                                         181             -              -        -        181    0.00001
            Change in impairments                                  0             -              -        -          0    0.00001
            Net revenues                                         180             -              -        -        180    0.00001

            Staff expenses                                       (58)            -              -        -        (58)   0.00001
            Other operating and administrative expenses          (22)            -              -        -        (22)   0.00001
            Allocated expenses                                   (51)            -              -        -        (51)   0.00001
            Total expenses                                      (131)            -              -        -       (131)   0.00001
            Profit before taxation                                49             -              -        -         49    0.00001
            Income tax expenses                                   (9)            -              -        -         (9)   0.00001
            Net profit for the period                             40             -              -        -         40    0.00001
            Net profit attributable to minority interests          0             -              -        -          0    0.00001
            Net profit attributable to shareholders               40             -              -        -         40    0.00001




7/1/2011 1:06 PM                                                        For internal use only                                      88 of 127
            Development by quarter Private Banking 2007
            in EUR million
                                                              Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products       46           45                 52        56        199    0.00001
            Net commissions and fees                             113          125                 98       114        450    0.00001
            Capital gains on investment portfolio                 22            0                  2         0         23    0.00001
            Treasury and financial markets                         6            7                  5         5         23    0.00001
            Dividend and other investment income                   1            1                  9         2         13    0.00001
            Other income                                          12           25                  7        12         55    0.00001
            Total income                                         199          203               173        187        763    0.00001
            Change in impairments                                  4            1                 1         (3)         3    0.00001
            Net revenues                                         203          204               175        184        766    0.00001

            Staff expenses                                       (61)          (63)              (62)      (66)      (251)   0.00001
            Other operating and administrative expenses          (20)          (24)              (23)      (25)       (92)   0.00001
            Allocated expenses                                   (37)          (45)              (41)      (48)      (171)   0.00001
            Total expenses                                      (118)        (131)              (127)     (139)      (515)   0.00001
            Profit before taxation                                85            73                48        45        251    0.00001
            Income tax expenses                                   (9)          (11)               (5)      (13)       (38)   0.00001
            Net profit for the period                             76           62                 43        32        213    0.00001
            Net profit attributable to minority interests          0            0                  0         0          0    0.00001
            Net profit attributable to shareholders               76           62                 43        32        213    0.00001




7/1/2011 1:06 PM                                                        For internal use only                                          89 of 127
            Development by quarter Asset Management 2008
            in EUR million
                                                              Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products       (4)            -              -        -         (4)   0.00001
            Net commissions and fees                             101             -              -        -        101    0.00001
            Capital gains on investment portfolio                  0             -              -        -          0    0.00001
            Treasury and financial markets                        (1)            -              -        -         (1)   0.00001
            Dividend and other investment income                   5             -              -        -          5    0.00001
            Other income                                           1             -              -        -          1    0.00001
            Total income                                         102             -              -        -        102    0.00001
            Change in impairments                                 (3)            -              -        -         (3)   0.00001
            Net revenues                                          99             -              -        -         99    0.00001

            Staff expenses                                       (59)            -              -        -        (59)   0.00001
            Other operating and administrative expenses          (28)            -              -        -        (28)   0.00001
            Allocated expenses                                    (2)            -              -        -         (2)   0.00001
            Total expenses                                       (89)            -              -        -        (89)   0.00001
            Profit before taxation                                10             -              -        -         10    0.00001
            Income tax expenses                                   (2)            -              -        -         (2)   0.00001
            Net profit for the period                              8             -              -        -          8    0.00001
            Net profit attributable to minority interests          1             -              -        -          1    0.00001
            Net profit attributable to shareholders                7             -              -        -          7    0.00001




7/1/2011 1:06 PM                                                        For internal use only                                      90 of 127
            Development by quarter Asset Management 2007
            in EUR million
                                                              Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Net interest income on interest-margin products       (2)          (3)               (3)       (2)       (10)   0.00001
            Net commissions and fees                              97          104               112       122        436    0.00001
            Capital gains on investment portfolio                  0            0                 1        (1)         0    0.00001
            Treasury and financial markets                         3            3                 2         4         11    0.00001
            Dividend and other investment income                   1            3                 3         4         11    0.00001
            Other income                                           1            1                 1         1          4    0.00001
            Total income                                         100          107               116       128        451    0.00001
            Change in impairments                                  0            0                 0        (9)        (9)   0.00001
            Net revenues                                         100          107               116       119        442    0.00001

            Staff expenses                                       (38)          (42)             (48)      (46)      (174)   0.00001
            Other operating and administrative expenses          (24)          (25)             (27)      (38)      (114)   0.00001
            Allocated expenses                                    (3)           (3)              (3)       (3)       (12)   0.00001
            Total expenses                                       (65)          (70)             (78)      (87)      (300)   0.00001
            Profit before taxation                                35           38                38        32        143    0.00001
            Income tax expenses                                   (9)          (9)               (9)       (7)       (35)   0.00001
            Net profit for the period                             26           28                28        25        108    0.00001
            Net profit attributable to minority interests          0            1                 2        (3)         0    0.00001
            Net profit attributable to shareholders               26           27                27        28        108    0.00001




7/1/2011 1:06 PM                                                        For internal use only                                         91 of 127
            Development by quarter Other Banking 2008
            in EUR million
                                                              Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products     (122)            -              -        -       (122)   0.00001
            Net commissions and fees                              (9)            -              -        -         (9)   0.00001
            Capital gains on investment portfolio                158             -              -        -        158    0.00001
            Treasury and financial markets                        79             -              -        -         79    0.00001
            Dividend and other investment income                  89             -              -        -         89    0.00001
            Other income                                        (250)            -              -        -       (250)   0.00001
            Total income                                         (55)            -              -        -        (55)   0.00001
            Change in impairments                                (10)            -              -        -        (10)   0.00001
            Net revenues                                         (65)            -              -        -        (65)   0.00001

            Staff expenses                                      (226)            -              -        -       (226)   0.00001
            Other operating and administrative expenses         (322)            -              -        -       (322)   0.00001
            Allocated expenses                                   525             -              -        -        525    0.00001
            Total expenses                                       (23)            -              -        -        (23)   0.00001
            Profit before taxation                               (88)            -              -        -        (88)   0.00001
            Income tax expenses                                   41             -              -        -         41    0.00001
            Net profit for the period                            (46)            -              -        -        (46)   0.00001
            Net profit attributable to minority interests          3             -              -        -          3    0.00001
            Net profit attributable to shareholders              (50)            -              -        -        (50)   0.00001




7/1/2011 1:06 PM                                                        For internal use only                                      92 of 127
            Development by quarter Other Banking 2007
            in EUR million
                                                              Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products       47            1                 (5)      (85)       (42)    0.00001
            Net commissions and fees                              (3)          (2)                 0       (12)       (18)    0.00001
            Capital gains on investment portfolio                133          187                131       125        576     0.00001
            Treasury and financial markets                        46          129                 61         1        237     0.00001
            Dividend and other investment income                  18           37                 11       231        297     0.00001
            Other income                                        (191)        (347)              (154)      (60)      (752)    0.00001
            Total income                                          49             5                43       201        298     0.00001
            Change in impairments                                 (5)           (3)               (2)       (1)       (11)    0.00001
            Net revenues                                          45             2                41       200        287     0.00001

            Staff expenses                                      (210)        (209)              (222)     (223)       (865)   0.00001
            Other operating and administrative expenses         (362)        (322)              (340)     (363)     (1,387)   0.00001
            Allocated expenses                                   528          509                531       551       2,119    0.00001
            Total expenses                                       (45)          (23)              (30)      (35)      (133)    0.00001
            Profit before taxation                                 0           (22)               11       165        154     0.00001
            Income tax expenses                                   (1)           12               (33)       27          4     0.00001
            Net profit for the period                             (1)           (9)              (22)      192        159     0.00001
            Net profit attributable to minority interests          3             3                 1         7         14     0.00001
            Net profit attributable to shareholders               (5)          (12)              (23)      184        144     0.00001




7/1/2011 1:06 PM                                                        For internal use only                                           93 of 127
            Development by quarter ABN AMRO (acquired activities) 2008
            in EUR million
            PRO FORMA                                                    Q1 2008      Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products                 772              -              -        -        772     0.00001
            Net commissions and fees                                        496              -              -        -        496     0.00001
            Capital gains on investment portfolio                             5              -              -        -          5     0.00001
            Treasury and financial markets                                  138              -              -        -        138     0.00001
            Dividend and other investment income                             38              -              -        -         38     0.00001
            Other income (1)                                                (82)             -              -        -        (82)    0.00001
            Total income                                                  1,368              -              -        -       1,368    0.00001
            Change in impairments                                           (88)             -              -        -         (88)   0.00001
            Net revenues                                                  1,280              -              -        -       1,280    0.00001

            Staff expenses                                                 (478)             -              -        -       (478)    0.00001
            Other operating and administrative expenses                    (580)             -              -        -       (580)    0.00001
            Total expenses                                                (1,058)            -              -        -      (1,058)   0.00001
            Profit before taxation                                          222              -              -        -        222     0.00001
            Income tax expenses                                             (82)             -              -        -        (82)    0.00001
            Net profit for the period                                       141              -              -        -        141     0.00001
            Net profit attributable to minority interests                     6              -              -        -          6     0.00001
            Results on discontinued operations                                0              -              -        -          0     0.00001
            Net profit attributable to shareholders                         135              -              -        -        135     0.00001
            (1) Includes net profit of Shared Assets




7/1/2011 1:06 PM                                                                    For internal use only                                       94 of 127
            Development by quarter ABN AMRO (acquired activities) 2007
            in EUR million
            PRO FORMA                                                    Q1 2007     Q2 2007         Q3 2007       Q4 2007    YTD 2007
            Net interest income on interest-margin products                 838          872               790        828        3,328    0.00001
            Net commissions and fees                                        586          603               576        574        2,339    0.00001
            Capital gains on investment portfolio                             5            4                35         41           85    0.00001
            Treasury and financial markets                                   70          101                83         60          314    0.00001
            Dividend and other investment income                             11           18                 9         27           64    0.00001
            Other income (1)                                                 (2)          56                70        173          297    0.00001
            Total income                                                  1,508        1,654           1,562        1,703        6,427    0.00001
            Change in impairments                                          (100)         (94)           (105)         (80)        (379)   0.00001
            Net revenues                                                  1,408        1,559           1,457        1,623        6,047    0.00001

            Staff expenses                                                 (426)        (495)              (436)     (570)      (1,927)   0.00001
            Other operating and administrative expenses                    (553)        (589)              (550)     (568)      (2,260)   0.00001
            Total expenses                                                 (979)       (1,084)             (987)    (1,138)     (4,188)   0.00001
            Profit before taxation                                          429          476                470       485        1,860    0.00001
            Income tax expenses                                            (130)        (117)              (141)      (93)        (482)   0.00001
            Net profit for the period                                       298          358               329        392        1,378    0.00001
            Net profit attributable to minority interests                     6            8                 8          8           30    0.00001
            Results on discontinued operations                                0            2                 3         47           52    0.00001
            Net profit attributable to shareholders                         292          352               324        432        1,400    0.00001
            (1) Includes net profit of Shared Assets




7/1/2011 1:06 PM                                                                   For internal use only                                            95 of 127
            Development by quarter ABN AMRO Retail and Commercial/Corporate activities Netherlands 2008
            in EUR million
            PRO FORMA                                                          Q1 2008       Q2 2008        Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products                        651             -              -        -        651     0.00001
            Net commissions and fees                                               179             -              -        -        179     0.00001
            Capital gains on investment portfolio                                    2             -              -        -          2     0.00001
            Treasury and financial markets                                         125             -              -        -        125     0.00001
            Dividend and other investment income                                    35             -              -        -         35     0.00001
            Other income                                                            45             -              -        -         45     0.00001
            Total income                                                         1,037             -              -        -       1,037    0.00001
            Change in impairments                                                  (86)            -              -        -         (86)   0.00001
            Net revenues                                                           950             -              -        -        950     0.00001

            Staff expenses                                                        (305)            -              -        -       (305)    0.00001
            Other operating and administrative expenses                           (386)            -              -        -       (386)    0.00001
            Total expenses                                                        (691)            -              -        -       (691)    0.00001
            Profit before taxation                                                 259             -              -        -        259     0.00001
            Income tax expenses                                                    (53)            -              -        -        (53)    0.00001
            Net profit for the period                                              206             -              -        -        206     0.00001
            Net profit attributable to minority interests                            0             -              -        -          0     0.00001
            Results on discontinued operations                                       -             -              -        -          -           0
            Net profit attributable to shareholders                                206             -              -        -        206     0.00001




7/1/2011 1:06 PM                                                                          For internal use only                                       96 of 127
            Development by quarter ABN AMRO Retail and Commercial/Corporate activities Netherlands 2007
            in EUR million
            PRO FORMA                                                          Q1 2007       Q2 2007        Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products                        715          742               674        710       2,841    0.00001
            Net commissions and fees                                               206          195               179        175         756    0.00001
            Capital gains on investment portfolio                                    0            1                32         30          63    0.00001
            Treasury and financial markets                                          40           73                54         33         199    0.00001
            Dividend and other investment income                                     7           15                 7         25          55    0.00001
            Other income                                                            50           36                46         49         181    0.00001
            Total income                                                         1,018         1,063               992     1,021       4,094    0.00001
            Change in impairments                                                 (101)          (96)             (105)      (73)       (375)   0.00001
            Net revenues                                                           918          967               887        949       3,720    0.00001

            Staff expenses                                                        (255)        (320)              (254)     (329)     (1,158)   0.00001
            Other operating and administrative expenses                           (354)        (374)              (369)     (353)     (1,450)   0.00001
            Total expenses                                                        (609)        (694)              (623)     (682)     (2,609)   0.00001
            Profit before taxation                                                 309          272               264        266       1,111    0.00001
            Income tax expenses                                                    (75)         (71)              (67)       (44)       (257)   0.00001
            Net profit for the period                                              233          201               197        222        854     0.00001
            Net profit attributable to minority interests                            0            0                 0          0          1     0.00001
            Results on discontinued operations                                       0            2                 3         47         52     0.00001
            Net profit attributable to shareholders                                233          202               200        270        906     0.00001




7/1/2011 1:06 PM                                                                          For internal use only                                           97 of 127
            Development by quarter ABN AMRO Private Clients activities 2008
            in EUR million
            PRO FORMA                                                         Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products                      124             -              -        -        124    0.00001
            Net commissions and fees                                             145             -              -        -        145    0.00001
            Capital gains on investment portfolio                                  3             -              -        -          3    0.00001
            Treasury and financial markets                                        24             -              -        -         24    0.00001
            Dividend and other investment income                                   1             -              -        -          1    0.00001
            Other income                                                          17             -              -        -         17    0.00001
            Total income                                                         314             -              -        -        314    0.00001
            Change in impairments                                                 (2)            -              -        -         (2)   0.00001
            Net revenues                                                         313             -              -        -        313    0.00001

            Staff expenses                                                       (82)            -              -        -        (82)   0.00001
            Other operating and administrative expenses                         (134)            -              -        -       (134)   0.00001
            Total expenses                                                      (216)            -              -        -       (216)   0.00001
            Profit before taxation                                                97             -              -        -         97    0.00001
            Income tax expenses                                                  (24)            -              -        -        (24)   0.00001
            Net profit for the period                                             72             -              -        -         72    0.00001
            Net profit attributable to minority interests                          0             -              -        -          0    0.00001
            Results on discontinued operations                                     -             -              -        -          -          0
            Net profit attributable to shareholders                               72             -              -        -         72    0.00001




7/1/2011 1:06 PM                                                                        For internal use only                                      98 of 127
            Development by quarter ABN AMRO Private Clients activities 2007
            in EUR million
            PRO FORMA                                                         Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products                      129          134               122        120        505     0.00001
            Net commissions and fees                                             171          177               178        163        689     0.00001
            Capital gains on investment portfolio                                  1            2                 2          6         11     0.00001
            Treasury and financial markets                                        21           17                20         21         78     0.00001
            Dividend and other investment income                                   0            0                 0         (1)         0     0.00001
            Other income                                                          17           17                20         28         82     0.00001
            Total income                                                         339          348               341        337       1,366    0.00001
            Change in impairments                                                  1            2                 0         (7)         (4)   0.00001
            Net revenues                                                         340          350               341        330       1,362    0.00001

            Staff expenses                                                       (88)         (83)               (93)      (90)      (354)    0.00001
            Other operating and administrative expenses                         (138)        (152)              (128)     (156)      (573)    0.00001
            Total expenses                                                      (226)        (235)              (221)     (245)      (927)    0.00001
            Profit before taxation                                               114          115               120         85        434     0.00001
            Income tax expenses                                                  (35)         (27)              (31)       (31)      (124)    0.00001
            Net profit for the period                                             79           88                 89        54        310     0.00001
            Net profit attributable to minority interests                          1            1                  1         0          3     0.00001
            Results on discontinued operations                                     -            -                  -         -          -           0
            Net profit attributable to shareholders                               78           87                 88        54        307     0.00001




7/1/2011 1:06 PM                                                                        For internal use only                                           99 of 127
            Development by quarter ABN AMRO Asset Management activities 2008
            in EUR million
            PRO FORMA                                                          Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Net interest income on interest-margin products                        (3)            -              -        -         (3)   0.00001
            Net commissions and fees                                              172             -              -        -        172    0.00001
            Capital gains on investment portfolio                                   0             -              -        -          0    0.00001
            Treasury and financial markets                                        (12)            -              -        -        (12)   0.00001
            Dividend and other investment income                                    3             -              -        -          3    0.00001
            Other income                                                            0             -              -        -          0    0.00001
            Total income                                                          161             -              -        -        161    0.00001
            Change in impairments                                                   0             -              -        -          0    0.00001
            Net revenues                                                          161             -              -        -        161    0.00001

            Staff expenses                                                        (91)            -              -        -        (91)   0.00001
            Other operating and administrative expenses                           (60)            -              -        -        (60)   0.00001
            Total expenses                                                       (151)            -              -        -       (151)   0.00001
            Profit before taxation                                                 10             -              -        -         10    0.00001
            Income tax expenses                                                    (4)            -              -        -         (4)   0.00001
            Net profit for the period                                               6             -              -        -          6    0.00001
            Net profit attributable to minority interests                           6             -              -        -          6    0.00001
            Results on discontinued operations                                      0             -              -        -          0    0.00001
            Net profit attributable to shareholders                                 0             -              -        -          0    0.00001




7/1/2011 1:06 PM                                                                         For internal use only                                      100 of 127
            Development by quarter ABN AMRO Asset Management activities 2007
            in EUR million
            PRO FORMA                                                          Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Net interest income on interest-margin products                        (6)          (4)               (5)        (2)       (18)   0.00001
            Net commissions and fees                                              209          231               218        236        894    0.00001
            Capital gains on investment portfolio                                   4            1                 1          5         11    0.00001
            Treasury and financial markets                                          9           11                10          7         37    0.00001
            Dividend and other investment income                                    3            2                 1          3          9    0.00001
            Other income                                                            0            1                 0          2          3    0.00001
            Total income                                                          219          241               225        250        935    0.00001
            Change in impairments                                                   0            0                 0          0         (1)   0.00001
            Net revenues                                                          219          241               225        249        934    0.00001

            Staff expenses                                                        (83)          (92)              (89)     (151)      (415)   0.00001
            Other operating and administrative expenses                           (61)          (63)              (54)      (59)      (236)   0.00001
            Total expenses                                                       (144)        (154)              (143)     (210)      (652)   0.00001
            Profit before taxation                                                 75            86                82        39        283    0.00001
            Income tax expenses                                                   (20)          (19)              (44)      (18)      (101)   0.00001
            Net profit for the period                                              55           67                 39        21        182    0.00001
            Net profit attributable to minority interests                           5            7                  7         8         27    0.00001
            Results on discontinued operations                                      0            0                  0         0          0    0.00001
            Net profit attributable to shareholders                                50           60                 32        13        155    0.00001




7/1/2011 1:06 PM                                                                         For internal use only                                          101 of 127
            Development by quarter Insurance 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums                                            3,157             -              -        -       3,157   0.00001
            Investment contracts without dpf                                    884             -              -        -         884   0.00001
            Gross inflow Life                                                 4,041             -              -        -       4,041   0.00001

            Gross written premiums Non-Life                                   1,856             -              -        -       1,856   0.00001

            Operating costs                                                    (338)            -              -        -       (338)   0.00001

            Technical Result                                                     95             -              -        -         95    0.00001
            - Life                                                              (12)            -              -        -        (12)   0.00001
            - Non-Life                                                          107             -              -        -        107    0.00001
            Allocated capital gains                                              95             -              -        -         95    0.00001
            Operating margin                                                    190             -              -        -        190    0.00001
            - Life                                                               88             -              -        -         88    0.00001
            - Non-Life                                                          103             -              -        -        103    0.00001
            Non-allocated other income and expenses                              93             -              -        -         93    0.00001
            Profit before taxation                                              284             -              -        -        284    0.00001
            Income tax expenses                                                 (44)            -              -        -        (44)   0.00001
            Results on discontinued operations                                     -            -              -        -           -         0
            Net profit attributable to minority interests                        20             -              -        -         20    0.00001
            Net profit attr. to shareholders before results on divestments      219             -              -        -        219    0.00001
            Results on divestments                                                0             -              -        -          0    0.00001
            Net profit attributable to shareholders                             219             -              -        -        219    0.00001
            - Life                                                              162             -              -        -        162    0.00001
            - Non-Life                                                           58             -              -        -         58    0.00001
            - Other                                                               0             -              -        -          0    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      102 of 127
            Development by quarter Insurance 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Gross written premiums                                            3,003        2,324           2,152        2,210       9,688    0.00001
            Investment contracts without dpf                                    851          828             762        1,040       3,481    0.00001
            Gross inflow Life                                                 3,853        3,151           2,914        3,251      13,169    0.00001

            Gross written premiums Non-Life                                   1,799        1,273           1,244        1,167       5,483    0.00001

            Operating costs                                                    (332)        (339)              (367)     (375)     (1,413)   0.00001

            Technical Result                                                    230          334               134       (149)       549     0.00001
            - Life                                                              159          208                67       (204)       230     0.00001
            - Non-Life                                                           71          126                67         55        319     0.00001
            Allocated capital gains                                              55           23                82        352        512     0.00001
            Operating margin                                                    285          357               216        203       1,060    0.00001
            - Life                                                              206          233               146         88         672    0.00001
            - Non-Life                                                           80          124                70        115         388    0.00001
            Non-allocated other income and expenses                             107          149               123        328         707    0.00001
            Profit before taxation                                              393          506               338        531       1,768    0.00001
            Income tax expenses                                                 (37)         (98)              (49)         1        (183)   0.00001
            Results on discontinued operations                                   13           23                21         10          67    0.00001
            Net profit attributable to minority interests                        17           18                16         13          64    0.00001
            Net profit attr. to shareholders before results on divestments      352          413               294        529       1,587    0.00001
            Results on divestments                                                0            0                 0        947         947    0.00001
            Net profit attributable to shareholders                             352          413               294      1,475       2,534    0.00001
            - Life                                                              271          285               243      1,195       1,994    0.00001
            - Non-Life                                                           81          128                50        286         545    0.00001
            - Other                                                               0            0                 0         (5)         (5)   0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                           103 of 127
            Development by quarter Insurance - Life 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums                                            3,157             -              -        -       3,157   0.00001
            Investment contracts without dpf                                    884             -              -        -         884   0.00001
            Gross inflow Life                                                 4,041             -              -        -       4,041   0.00001

            Operating costs                                                    (143)            -              -        -       (143)   0.00001

            Technical result                                                    (12)            -              -        -        (12)   0.00001
            Allocated capital gains                                             100             -              -        -        100    0.00001
            Operating margin                                                     88             -              -        -         88    0.00001
            Non-allocated other income and expenses                             108             -              -        -        108    0.00001
            Profit before taxation                                              195             -              -        -        195    0.00001
            Income tax expenses                                                 (16)            -              -        -        (16)   0.00001
            Results on discontinued operations                                     -            -              -        -           -         0
            Net profit attributable to minority interests                        18             -              -        -         18    0.00001
            Net profit attr. to shareholders before results on divestments      162             -              -        -        162    0.00001
            Results on divestments                                                0             -              -        -          0    0.00001
            Net profit attributable to shareholders                             162             -              -        -        162    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      104 of 127
            Development by quarter Insurance - Life 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Gross written premiums                                            3,003        2,324           2,152        2,210       9,688    0.00001
            Investment contracts without dpf                                    851          828             762        1,040       3,481    0.00001
            Gross inflow Life                                                 3,853        3,151           2,914        3,251      13,169    0.00001

            Operating costs                                                    (134)        (143)              (163)     (166)      (606)    0.00001

            Technical result                                                    159          208                 67      (204)       230     0.00001
            Allocated capital gains                                              47           25                 79       292        442     0.00001
            Operating margin                                                    206          233               146         88        672     0.00001
            Non-allocated other income and expenses                              84          107               122        325        640     0.00001
            Profit before taxation                                              290          340               268        413       1,312    0.00001
            Income tax expenses                                                 (14)         (61)              (26)        12         (90)   0.00001
            Results on discontinued operations                                   10           18                16          9          53    0.00001
            Net profit attributable to minority interests                        15           14                14         12          54    0.00001
            Net profit attr. to shareholders before results on divestments      271          285               243        422       1,222    0.00001
            Results on divestments                                                0            0                 0        773         773    0.00001
            Net profit attributable to shareholders                             271          285               243      1,195       1,994    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                           105 of 127
            Development by quarter Insurance - Non-Life 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums Non-Life                                   1,856             -              -        -       1,856    0.00001
            Gross earned premiums                                             1,381             -              -        -       1,381    0.00001
            Net earned premiums                                               1,256             -              -        -       1,256    0.00001

            Operating costs                                                    (195)            -              -        -       (195)    0.00001

            Technical result                                                    107             -              -        -        107     0.00001
            Allocated capital gains                                              (4)            -              -        -         (4)    0.00001
            Operating margin                                                    103             -              -        -        103     0.00001
            Non-allocated other income and expenses                             (14)            -              -        -        (14)    0.00001
            Profit before taxation                                               88             -              -        -          88    0.00001
            Income tax expenses                                                 (29)            -              -        -         (29)   0.00001
            Results on discontinued operations                                     -            -              -        -            -         0
            Net profit attributable to minority interests                         2             -              -        -           2    0.00001
            Net profit attr. to shareholders before results on divestments       58             -              -        -         58     0.00001
            Results on divestments                                                0             -              -        -          0     0.00001
            Net profit attributable to shareholders                              58             -              -        -         58     0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                       106 of 127
            Development by quarter Insurance - Non-Life 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Gross written premiums Non-Life                                   1,799        1,273           1,244        1,167       5,483   0.00001
            Gross earned premiums                                             1,288        1,344           1,365        1,388       5,385   0.00001
            Net earned premiums                                               1,162        1,239           1,220        1,234       4,855   0.00001

            Operating costs                                                    (197)        (196)              (204)     (209)      (807)   0.00001

            Technical result                                                     71          126                 67        55        319    0.00001
            Allocated capital gains                                               8           (2)                 3        60         69    0.00001
            Operating margin                                                     80          124                 70       115        388    0.00001
            Non-allocated other income and expenses                              23           42                  0         8         73    0.00001
            Profit before taxation                                              102          166                 70       123        461    0.00001
            Income tax expenses                                                 (23)         (37)               (23)      (11)       (93)   0.00001
            Results on discontinued operations                                    3            4                  5         1         13    0.00001
            Net profit attributable to minority interests                         2            4                  2         2         10    0.00001
            Net profit attr. to shareholders before results on divestments       81          127                 50       111        371    0.00001
            Results on divestments                                                0            1                  0       174        174    0.00001
            Net profit attributable to shareholders                              81          128                 50       286        545    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                          107 of 127
            Development by quarter Insurance Belgium - Life 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums                                            1,355             -              -        -       1,355   0.00001
            Investment contracts without dpf                                    176             -              -        -         176   0.00001
            Gross inflow Life                                                 1,531             -              -        -       1,531   0.00001

            Technical result                                                      7             -              -        -          7    0.00001
            Allocated capital gains                                              50             -              -        -         50    0.00001
            Operating margin                                                     57             -              -        -         57    0.00001
            Non-allocated other income and expenses                              25             -              -        -         25    0.00001
            Profit before taxation                                               82             -              -        -         82    0.00001
            Income tax expenses                                                  10             -              -        -         10    0.00001
            Results on discontinued operations                                    -             -              -        -          -          0
            Net profit attributable to minority interests                         1             -              -        -          1    0.00001
            Net profit attr. to shareholders before results on divestments       92             -              -        -         92    0.00001
            Results on divestments                                                0             -              -        -          0    0.00001
            Net profit attributable to shareholders                              92             -              -        -         92    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      108 of 127
            Development by quarter Insurance Belgium - Non-Life 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums Non-Life                                     430             -              -        -        430    0.00001

            Technical result                                                     23             -              -        -         23    0.00001
            Allocated capital gains                                               8             -              -        -          8    0.00001
            Operating margin                                                     31             -              -        -         31    0.00001
            Non-allocated other income and expenses                               3             -              -        -          3    0.00001
            Profit before taxation                                               34             -              -        -         34    0.00001
            Income tax expenses                                                  (7)            -              -        -         (7)   0.00001
            Results on discontinued operations                                     -            -              -        -           -         0
            Net profit attributable to minority interests                         0             -              -        -          0    0.00001
            Net profit attr. to shareholders before results on divestments       27             -              -        -         27    0.00001
            Results on divestments                                                -             -              -        -          -          0
            Net profit attributable to shareholders                              27             -              -        -         27    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      109 of 127
            Development by quarter Insurance Belgium 2008
            in EUR million
                                                            Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Operating costs                                    (99)            -              -        -        (99)   0.00001

            Net profit attributable to shareholders            119             -              -        -        119    0.00001




7/1/2011 1:06 PM                                                      For internal use only                                      110 of 127
            Development by quarter Insurance Belgium - Life 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007    Q4 2007   YTD 2007
            Gross written premiums                                            1,504        1,215           1,135     1,116       4,970   0.00001
            Investment contracts without dpf                                    348          319             258       257       1,181   0.00001
            Gross inflow Life                                                 1,851        1,534           1,392     1,372       6,150   0.00001

            Technical result                                                     71          113               39       18        242    0.00001
            Allocated capital gains                                              25            5               22       51        102    0.00001
            Operating margin                                                     96          118               61       69        344    0.00001
            Non-allocated other income and expenses                              18           27               19       18         83    0.00001
            Profit before taxation                                              114          145               80       87        427    0.00001
            Income tax expenses                                                  21          (26)               9       (1)         3    0.00001
            Results on discontinued operations                                    -             -               -         -         -          0
            Net profit attributable to minority interests                         1            1                1        2          5    0.00001
            Net profit attr. to shareholders before results on divestments      134          118               88       84        425    0.00001
            Results on divestments                                                0            0                0        0          0    0.00001
            Net profit attributable to shareholders                             134          118               88       84        425    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                       111 of 127
            Development by quarter Insurance Belgium - Non-Life 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Gross written premiums Non-Life                                     402          319               325       322       1,367   0.00001

            Technical result                                                     (9)          43                45        38        118    0.00001
            Allocated capital gains                                               5            1                 3        11         20    0.00001
            Operating margin                                                     (3)          44                48        49        138    0.00001
            Non-allocated other income and expenses                               2            1                 2        (5)         0    0.00001
            Profit before taxation                                               (1)           45               50        45        138    0.00001
            Income tax expenses                                                   4           (14)             (19)      (10)       (40)   0.00001
            Results on discontinued operations                                     -             -                -         -          -         0
            Net profit attributable to minority interests                         0             0                0         0          1    0.00001
            Net profit attr. to shareholders before results on divestments        2           30                30        34         97    0.00001
            Results on divestments                                                -            -                 -         -          -          0
            Net profit attributable to shareholders                               2           30                30        34         97    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                         112 of 127
            Development by quarter Insurance Belgium 2007
            in EUR million
                                                            Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Operating costs                                    (98)          (96)             (98)      (97)      (389)   0.00001

            Net profit attributable to shareholders            136          148               119       119        522    0.00001




7/1/2011 1:06 PM                                                      For internal use only                                         113 of 127
            Development by quarter Insurance Netherlands - Life 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums                                            1,408             -              -        -       1,408    0.00001
            Investment contracts without dpf                                      -             -              -        -           -          0
            Gross inflow Life                                                 1,408             -              -        -       1,408    0.00001

            Technical result                                                    (47)            -              -        -         (47)   0.00001
            Allocated capital gains                                              51             -              -        -          51    0.00001
            Operating margin                                                      4             -              -        -          4     0.00001
            Non-allocated other income and expenses                              73             -              -        -         73     0.00001
            Profit before taxation                                               77             -              -        -          77    0.00001
            Income tax expenses                                                 (18)            -              -        -         (18)   0.00001
            Results on discontinued operations                                     -            -              -        -            -         0
            Net profit attributable to minority interests                         6             -              -        -           6    0.00001
            Net profit attr. to shareholders before results on divestments       52             -              -        -         52     0.00001
            Results on divestments                                                0             -              -        -          0     0.00001
            Net profit attributable to shareholders                              52             -              -        -         52     0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                       114 of 127
            Development by quarter Insurance Netherlands - Non-Life 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums Non-Life                                     864             -              -        -        864    0.00001

            Technical result                                                     60             -              -        -         60    0.00001
            Allocated capital gains                                             (12)            -              -        -        (12)   0.00001
            Operating margin                                                     48             -              -        -         48    0.00001
            Non-allocated other income and expenses                             (17)            -              -        -        (17)   0.00001
            Profit before taxation                                               32             -              -        -         32    0.00001
            Income tax expenses                                                 (16)            -              -        -        (16)   0.00001
            Results on discontinued operations                                     -            -              -        -           -         0
            Net profit attributable to minority interests                          -            -              -        -           -         0
            Net profit attr. to shareholders before results on divestments       16             -              -        -         16    0.00001
            Results on divestments                                                -             -              -        -          -          0
            Net profit attributable to shareholders                              16             -              -        -         16    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      115 of 127
            Development by quarter Insurance Netherlands 2008
            in EUR million
                                                                Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Operating costs                                       (135)            -              -        -       (135)   0.00001

            Net profit attributable to shareholders                 68             -              -        -         68    0.00001




7/1/2011 1:06 PM                                                          For internal use only                                      116 of 127
            Development by quarter Insurance Netherlands - Life 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Gross written premiums                                            1,181          738               564       626       3,108   0.00001
            Investment contracts without dpf                                      -            -                 -         -           -         0
            Gross inflow Life                                                 1,181          738               564       626       3,108   0.00001

            Technical result                                                     71           73                 8      (238)       (86)   0.00001
            Allocated capital gains                                              17           12                51       236        316    0.00001
            Operating margin                                                     87           85                59        (2)       230    0.00001
            Non-allocated other income and expenses                              55           84                82       291        511    0.00001
            Profit before taxation                                              142          169               141       289        741    0.00001
            Income tax expenses                                                 (28)         (29)              (29)       19        (67)   0.00001
            Results on discontinued operations                                     -            -                 -        -           -         0
            Net profit attributable to minority interests                         3            3                 4         5         16    0.00001
            Net profit attr. to shareholders before results on divestments      111          137               108       303        658    0.00001
            Results on divestments                                                0            0                 0         0          0    0.00001
            Net profit attributable to shareholders                             111          137               108       303        658    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                         117 of 127
            Development by quarter Insurance Netherlands - Non-Life 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Gross written premiums Non-Life                                     791          464               433       424       2,111   0.00001

            Technical result                                                     53           84                50        12        199    0.00001
            Allocated capital gains                                               2           (4)                0        47         44    0.00001
            Operating margin                                                     55           79                50        58        243    0.00001
            Non-allocated other income and expenses                              17           16                 0         0         33    0.00001
            Profit before taxation                                               72            95               49        58        275    0.00001
            Income tax expenses                                                 (17)          (19)             (11)        3        (44)   0.00001
            Results on discontinued operations                                     -             -                -        -           -         0
            Net profit attributable to minority interests                          -             -                -        -           -         0
            Net profit attr. to shareholders before results on divestments       55           77                38        61        231    0.00001
            Results on divestments                                                -            -                 -         -          -          0
            Net profit attributable to shareholders                              55           77                38        61        231    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                         118 of 127
            Development by quarter Insurance Netherlands 2007
            in EUR million
                                                                Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Operating costs                                       (134)        (133)              (149)     (144)      (561)   0.00001

            Net profit attributable to shareholders                166          213               146        364        889    0.00001




7/1/2011 1:06 PM                                                          For internal use only                                          119 of 127
            Development by quarter Insurance International - Life 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums                                              394             -              -        -        394    0.00001
            Investment contracts without dpf                                    708             -              -        -        708    0.00001
            Gross inflow Life                                                 1,101             -              -        -       1,101   0.00001

            Technical result                                                     28             -              -        -         28    0.00001
            Allocated capital gains                                              (1)            -              -        -         (1)   0.00001
            Operating margin                                                     27             -              -        -         27    0.00001
            Non-allocated other income and expenses                               9             -              -        -          9    0.00001
            Profit before taxation                                               36             -              -        -         36    0.00001
            Income tax expenses                                                  (8)            -              -        -         (8)   0.00001
            Results on discontinued operations                                     -            -              -        -           -         0
            Net profit attributable to minority interests                        11             -              -        -         11    0.00001
            Net profit attr. to shareholders before results on divestments       18             -              -        -         18    0.00001
            Results on divestments                                                0             -              -        -          0    0.00001
            Net profit attributable to shareholders                              18             -              -        -         18    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      120 of 127
            Development by quarter Insurance International - Non-Life 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Gross written premiums Non-Life                                     562             -              -        -        562    0.00001

            Technical result                                                     24             -              -        -         24    0.00001
            Allocated capital gains                                              (1)            -              -        -         (1)   0.00001
            Operating margin                                                     23             -              -        -         23    0.00001
            Non-allocated other income and expenses                              (1)            -              -        -         (1)   0.00001
            Profit before taxation                                               22             -              -        -         22    0.00001
            Income tax expenses                                                  (5)            -              -        -         (5)   0.00001
            Results on discontinued operations                                     -            -              -        -           -         0
            Net profit attributable to minority interests                         2             -              -        -          2    0.00001
            Net profit attr. to shareholders before results on divestments       15             -              -        -         15    0.00001
            Results on divestments                                                0             -              -        -          0    0.00001
            Net profit attributable to shareholders                              15             -              -        -         15    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      121 of 127
            Development by quarter Insurance International 2008
            in EUR million
                                                                  Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Operating costs                                         (104)            -              -        -       (104)   0.00001

            Net profit attributable to shareholders                   33             -              -        -         33    0.00001




7/1/2011 1:06 PM                                                            For internal use only                                      122 of 127
            Development by quarter Insurance International - Life 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Gross written premiums                                              318          370               454       469       1,611   0.00001
            Investment contracts without dpf                                    503          509               505       784       2,300   0.00001
            Gross inflow Life                                                   821          879               958     1,253       3,911   0.00001

            Technical result                                                     17           22                20        15         75    0.00001
            Allocated capital gains                                               5            8                 5         6         24    0.00001
            Operating margin                                                     22           30                25        21         99    0.00001
            Non-allocated other income and expenses                              12           (4)               21        16         45    0.00001
            Profit before taxation                                               34           27                47        37        144    0.00001
            Income tax expenses                                                  (8)          (5)               (6)       (6)       (25)   0.00001
            Results on discontinued operations                                   10           18                16         9         53    0.00001
            Net profit attributable to minority interests                        10            9                 9         5         34    0.00001
            Net profit attr. to shareholders before results on divestments       26           30                48        35        139    0.00001
            Results on divestments                                                0            0                 0       773        773    0.00001
            Net profit attributable to shareholders                              26           30                48       808        911    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                         123 of 127
            Development by quarter Insurance International - Non-Life 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007      Q4 2007   YTD 2007
            Gross written premiums Non-Life                                     606          491               487       421       2,005   0.00001

            Technical result                                                     27            (1)             (28)        5          2    0.00001
            Allocated capital gains                                               1             2                1         2          5    0.00001
            Operating margin                                                     28            0               (27)        7          7    0.00001
            Non-allocated other income and expenses                               4           25                (2)       13         40    0.00001
            Profit before taxation                                               31           25               (29)       20         47    0.00001
            Income tax expenses                                                  (9)          (4)                8        (4)        (9)   0.00001
            Results on discontinued operations                                    3            4                 5         1         13    0.00001
            Net profit attributable to minority interests                         1            4                 2         2          9    0.00001
            Net profit attr. to shareholders before results on divestments       23           20               (19)       16         42    0.00001
            Results on divestments                                                0            1                 0       174        174    0.00001
            Net profit attributable to shareholders                              23           21               (19)      190        216    0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                         124 of 127
            Development by quarter Insurance International 2007
            in EUR million
                                                                  Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Operating costs                                         (100)        (110)              (119)     (133)      (462)   0.00001

            Net profit attributable to shareholders                   49           52                 29       998       1,128   0.00001




7/1/2011 1:06 PM                                                            For internal use only                                          125 of 127
            Development by quarter General 2008
            in EUR million
                                                                             Q1 2008     Q2 2008         Q3 2008   Q4 2008   YTD 2008
            Insurance premiums                                                  (23)            -              -        -        (23)   0.00001
            Net interest Income                                                (109)            -              -        -       (109)   0.00001
            Net commissions and fees                                              0             -              -        -          0    0.00001
            Realised capital gains (losses) on investments                        2             -              -        -          2    0.00001
            Treasury and financial markets                                      (58)            -              -        -        (58)   0.00001
            Dividend and other investment income                                 (3)            -              -        -         (3)   0.00001
            Other income                                                        (13)            -              -        -        (13)   0.00001
            Total income                                                       (205)            -              -        -       (205)   0.00001
            Change in impairments                                                  -            -              -        -           -         0
            Net revenues                                                       (205)            -              -        -       (205)   0.00001

            Technical charges                                                    67             -              -        -         67    0.00001
            Staff expenses                                                      (15)            -              -        -        (15)   0.00001
            Other operating and administrative expenses                         (14)            -              -        -        (14)   0.00001
            Total expenses                                                       38             -              -        -         38    0.00001
            Profit before taxation                                             (167)            -              -        -       (167)   0.00001
            Income tax expenses                                                  36             -              -        -         36    0.00001
            Net profit for the period                                          (131)            -              -        -       (131)   0.00001
            Net profit attributable to minority interests                         1             -              -        -          1    0.00001
            Net profit attributable to shareholders                            (132)            -              -        -       (132)   0.00001
            Results on divestments                                                0             -              -        -          0    0.00001
            Net profit attr. to shareholders before results on divestments     (132)            -              -        -       (132)   0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                      126 of 127
            Development by quarter General 2007
            in EUR million
                                                                             Q1 2007     Q2 2007         Q3 2007       Q4 2007   YTD 2007
            Insurance premiums                                                  (22)         (27)               (25)      (22)       (97)   0.00001
            Net interest Income                                                 (87)         (93)              (101)     (133)      (413)   0.00001
            Net commissions and fees                                              0            0                  0       (19)       (19)   0.00001
            Realised capital gains (losses) on investments                       (7)         125                  0       (92)        25    0.00001
            Treasury and financial markets                                      (17)          22                  0        99        104    0.00001
            Dividend and other investment income                                 (4)          (3)                (7)      (20)       (33)   0.00001
            Other income                                                         (3)           8                  6         3         13    0.00001
            Total income                                                       (140)          33               (126)     (185)      (419)   0.00001
            Change in impairments                                                 0            0                  0         1          1    0.00001
            Net revenues                                                       (140)          33               (126)     (185)      (418)   0.00001

            Technical charges                                                    47            44                69        25        185    0.00001
            Staff expenses                                                      (14)          (21)              (10)      (18)       (63)   0.00001
            Other operating and administrative expenses                           1           (23)              (33)      (14)       (69)   0.00001
            Total expenses                                                       34             1                27        (7)        54    0.00001
            Profit before taxation                                             (107)          33               (100)     (192)      (365)   0.00001
            Income tax expenses                                                  20           13                 17         8         59    0.00001
            Net profit for the period                                           (86)          46                (83)     (184)      (306)   0.00001
            Net profit attributable to minority interests                         2            2                  1        (3)         2    0.00001
            Net profit attributable to shareholders                             (88)          44                (84)     (181)      (308)   0.00001
            Results on divestments                                                0            0                  0         0          0    0.00001
            Net profit attr. to shareholders before results on divestments      (88)          44                (84)     (181)      (308)   0.00001




7/1/2011 1:06 PM                                                                       For internal use only                                          127 of 127

				
DOCUMENT INFO