GLOBAL SYNDICATED LOANS REVIEW MANAGING UNDERWRITERS

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1 GLOBAL SYNDICATED LOANS REVIEW MANAGING UNDERWRITERS First Nine Months 20

2 Syndicated Loans Review Table of Contents Global Syndicated Loans Rankings Americas Syndicated Loans Rankings EMEA Syndicated Loans Rankings Asia Pacific (Excl. Japan) Syndicated Loans Rankings Japan Syndicated Loans Rankings Ranking Criteria Summary Thomson ONE for Investment Banking ttps://

3 First Nine Months 20 MANAGING UNDERWRITERS SYNDICATED LOANS REVIEW Volume Stands at US$1.8 Trillion I BHP Billiton's US$45 billion Acquisition Financing is Largest Deal I YTD Lending Level with Full Year 2009 Total Global Deals Intelligence Global Syndicated Loans Volume Jan 1 - Sep 30 Global syndicated lending for the first nine months of 20 reached US$1.8 trillion, representing a 35% increase from the same period last year while the number of deals increased by 18%, as well. Year-to-date fundraising was approximately level with that of the full year for However, lending slowed during the third quarter as the volume declined by 15% compared to the previous quarter. $6 $5 Q4 Volume (US$t) Q3 Volume (US$t) Q2 Volume (US$t) Q1 Volume (US$t),000 9,000 8,000 North America comprised 43.7% of global volume year-to-date as lending in the region increased by 66.7% over the same period last year while Central and South America volumes declined by 85.6% and 30%, respectively. Europe and Asia-Pacific accounted for 29.4% and 13% of global volumes as lending increased by 15.2% and 51.1%, respectively. Japanese fundraising declined by 1.5% to US$198.5 billion, or an 11% market share. Proceeds (US$t) $4 $3 $2 7,000 6,000 5,000 4,000 3,000 The largest transaction year-to-date was syndicated in August to fund BHP Billiton s acquisition of Potash Corp. The US$45 billion multi-tranche facility was a clubbed transaction. $1 2,000 1, Global Loans (R1) Global Loans (R1) - Underwritten Volume # of Deals per Imputed Fees (US$m) # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. Bank of America Merrill Lynch , JP Morgan , JP Morgan , Bank of America Merrill Lynch , Citi , Citi , Mizuho Financial Group , Mizuho Financial Group , Mitsubishi UFJ Financial Group , Mitsubishi UFJ Financial Group , Wells Fargo & Co , Wells Fargo & Co , BNP Paribas SA , BNP Paribas SA , Sumitomo Mitsui Finl Grp Inc , Sumitomo Mitsui Finl Grp Inc , Deutsche Bank AG , Deutsche Bank AG , Barclays Capital 37, Barclays Capital 37, RBS , RBS , Credit Agricole CIB , Credit Agricole CIB , State Bank of India , State Bank of India , Societe Generale , Societe Generale , HSBC Holdings PLC , HSBC Holdings PLC , Credit Suisse , Credit Suisse , RBC Capital Markets , RBC Capital Markets , TD Securities Inc , ING , Scotiabank-Bank of Nova Scotia , Scotiabank-Bank of Nova Scotia , Goldman Sachs & Co , TD Securities Inc , Morgan Stanley , Goldman Sachs & Co , Bank of Taiwan , Morgan Stanley , ING , Bank of Taiwan , Natixis , Natixis , CIBC World Markets Inc , CIBC World Markets Inc , Top Twenty Five Total 1,126, , Top Twenty Five Total 1,146, , Total 1,488, , , Total 1,518, , , Industry % Change from Same Period Last Year 34.0% 17.3% Industry % Change from Last Quarter -20.0% 8.2% 22.0% -8.4% Industry % Change from Same Period Last Year Industry % Change from Last Quarter 41.1% -22.1% 18.4% 6.8% 31.6% -8.4% 1

4 Global Leading Underwriters During the Third Quarter 20 Scorecard: Global Syndicated Loans Current Qtr Mkt. Share 1/1/20-9/30/20 1/1/2009-9/30/2009 Market Share Chg. from Last % Chge in Market Sector Global Loans (R1) No. 1 Manager Bank of America Merrill Lynch (%) 11.0 Qtr (%) -2.3 Region/Nation Global Proceeds (US$m) 1,803, ,9 Proceeds (US$m) 1,337,6.7 4,158 Proceeds 34.9 Americas Loans (R7) Bank of America Merrill Lynch Americas 788, , , , North American Loans (R9) Bank of America Merrill Lynch North America 779, , , , US Loans (R11) Bank of America Merrill Lynch of America 713, , , , US Leveraged Loans (R11a) Bank of America Merrill Lynch Canada 66, , US Investment Grade Loans (R11b) JP Morgan Central America 3, , Latin America Loans (R15) Citi Mexico 3, , Latin America Loans (R16) Mizuho Financial Group South America 4, , EMEA Loans (R17) BNP Paribas SA Brazil 3, , EMEA Leveraged Loans (P) BBVA Chile , Asia-Pacific ex. Japan ex. Australia (S5b) State Bank of India Caribbean Asia-Pacific ex. Japan ex. Australia (S5c) Japan Loans (S12a) State Bank of India Mizuho Financial Group Jamaica Europe , , Japan Loans (S12b) Mizuho Financial Group Western Europe 490, , Australian Loans (S7) Commonwealth Bank of Australia United Kingdom 136, , France 85, , Spain 74, , Germany Italy 48, , , , Belgium 27, , Netherlands 20, , Top 25 Global Syndicated Loans Switzerland 16, , Package Amt Luxembourg 12, , Closing Date Borrower Target Market (US$m) Primary UOP Denmark 9, , /17/20 BHP Billiton PLC United Kingdom 45,000.0 Acquisition Fin. Sweden 7, , /19/20 General Electric Capital Corp 20,917.5 Standby/CP Support Eastern Europe 40, , /19/20 3/24/20 Enel SpA Anheuser-Busch Inbev Italy Belgium 13, ,000.0 Russian Federation Turkey 23,480.7, , , /8/20 Taiwan High Speed Rail Corp Taiwan 12,005.1 Poland 2, , /9/20 4/16/20 7/28/20 Wal-Mart Stores Inc Alstom Holdings Telefonica SA France Spain 11, ,173.4,392.3 Refinancing Acquisition Fin. Hungary Africa/Middle East/Central Asia Middle East 1, , , , , /22/20 Johnson & Johnson,000.0 Standby/CP Support United Arab Emirates 11, , //20 Glencore International AG Switzerland 9,745.0 Saudi Arabia 8, , /6/20 Sanofi-Aventis SA France 8,838.4 North Africa 8,3.5 3, /7/20 Ally Bank 7,000.0 General Corp. Purp. Egypt 8,3.5 1, /23/20 AP Moller AS Denmark 6,750.0 Sub-Saharan Africa 11, , /31/20 Air Products & Chemicals Inc 6,724.0 Acquisition Fin. Angola 3, , /12/20 INEOS Group Ltd United Kingdom 6,718.0 Refinancing Nigeria 2, /17/20 Depository Trust Co 6,537.0 South Africa 2, , /9/20 PPL Corp 6,500.0 Acquisition Fin. Central Asia /14/20 Verizon Communications Inc 6,200.0 Asia-Pacific (ex Central Asia) 233, , /19/20 NBC Universal Inc 6,0.0 Joint Venture North Asia 95, , //20 Reyal Urbis SA Spain 5,882.4 General Corp. Purp. Taiwan 39, , /25/20 Jubail Petrochemical Plant Saudi Arabia 5,775.0 Project Finance Hong Kong 32, , /16/20 Caterpillar Inc 5,605.0 China, , /16/20 Nord Stream AG Russian Fed 5,371.2 Project Finance South Korea, , /24/20 Gas Natural SDG SA Spain 5,326.2 South Asia 62, , /2/20 Vodafone Group PLC United Kingdom 5,026.4 India Southeast Asia 62, , , , Singapore Malaysia 11, , , , Thailand 6, , Indonesia 5, , Philippines 3, , Vietnam 1, Australasia 38, , Australia 35, , New Zealand 3, , Japan 198, , , ,

5 Global Loans Ranking - A Decade in Review 0 1 Bank of America Merrill Lynch 2 JP Morgan 3 Citi 4 Mizuho Financial Group Rank 5 Mitsubishi UFJ Financial Group 6 Wells Fargo & Co 7 BNP Paribas SA 8 Sumitomo Mitsui Finl Grp Inc 9 Deutsche Bank AG Barclays Capital *League Table positions reflect consolidation within the banking sector 3

6 Overall Proceeds Reach US$789 Billion BAML Takes Top Spot in Rankings Latin America Lending Down 71.5% First Nine Months 20 Syndicated Loans Managing Underwriters Americas Americas Deals Intelligence Lending in the Americas remained strong over 2009 totals, up 66.7% through the first nine months with total proceeds reaching US$788.9 billion. Quarter-over-quarter growth did however decline 41.3% for 20. The Materials sector was the only industry down from 2009 totals, totalling US$63.8 billion in proceeds through three quarters in 20. Energy and Power and Financials proceeds grew 143.2% and 6.2% respectively. High Yield lending in the Americas was similar to the overall trends. Growth slowed quarter-over-quarter, but remained up 79.9% over the third quarter Total leveraged proceeds in the US reached US$ billion for the first nine months in 20. Lending in Latin America was down 71.5% compared to the first three quarters of Total proceeds reached US$9.0 billion on 32 transactions through three quarters of 20. Top Americas Syndicated Loans Closing Date 5/19/20 6/9/20 9/22/20 4/7/20 3/31/20 5/17/20 6/9/20 4/14/20 3/19/20 9/16/20 Borrower General Electric Capital Corp Wal-Mart Stores Inc Johnson & Johnson Ally Bank Air Products & Chemicals Inc Depository Trust Co PPL Corp Verizon Communications Inc NBC Universal Inc Caterpillar Inc Target Market Package Amt (US$m) 20, ,225.0, , , , , , ,0.0 5,605.0 Primary UOP Standby/CP Support Standby/CP Support General Corp. Purp. Acquisition Fin. Acquisition Fin. Joint Venture Americas Loans (R7) # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share% Share Ch. Deals Share% # of Deals Fees Share% Share Ch. Bank of America Merrill Lynch , JP Morgan , Citi , Wells Fargo & Co , Deutsche Bank AG , Barclays Capital , BNP Paribas SA , Credit Suisse , TD Securities Inc , RBC Capital Markets 5 15, RBS , Scotiabank-Bank of Nova Scotia , CIBC World Markets Inc , Morgan Stanley , BMO Capital Markets 15 12, Goldman Sachs & Co , General Electric Co , Mitsubishi UFJ Financial Group , SunTrust Banks 19 22, PNC Financial Services Group 20 12, US Bancorp , KeyBanc Capital Markets Inc , HSBC Holdings PLC , UBS , Societe Generale , Top Twenty Five Total 719, , Total 786, , , Industry % Change over Same Period Last Year 72.7% 41.4% 53.1% Industry % Change over Last Quarter -33.2% -24.6% -24.1% Americas Loans by Industry Jan 1 - Sep 30 US High Yield Volume Jan 1 - Sep 30 $180 $1,200 2,500 $160 January 1, September 30, 2009 $140 January 1, 20 - September 30, 20 $1,000 2,000 $120 $0 $80 $60 $40 $800 $600 $400 1,500 1,000 $20 $ Energy and Power Financials Industrials Materials Healthcare Media and Entertainment Consumer Staples Retail High Technology Consumer Products and Services Real Estate Telecommunications Government and Agencies Q1 Volume (US$b) Q2 Volume (US$b) Q3 Volume (US$b) Q4 Volume (US$b) 0 4

7 Americas Americas Loans (R7) - Underwritten Volume North America Loans (R9) # of Deals per Imputed Fees (US$m) # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share% Share Ch. Deals Share% # of Deals Fees Share% Share Ch. Rank Rank Proceeds Share% Share Ch. Deals Share% # of Deals Fees Share% Share Ch. Bank of America Merrill Lynch , Bank of America Merrill Lynch , JP Morgan , JP Morgan , Citi , Citi , Wells Fargo & Co , Wells Fargo & Co , Deutsche Bank AG , Deutsche Bank AG , Barclays Capital , Barclays Capital , BNP Paribas SA , BNP Paribas SA , Credit Suisse , Credit Suisse , RBC Capital Markets , TD Securities Inc , RBS 13 16, RBC Capital Markets 5 15, TD Securities Inc , RBS , Scotiabank-Bank of Nova Scotia , Scotiabank-Bank of Nova Scotia , CIBC World Markets Inc , CIBC World Markets Inc , BMO Capital Markets 14 12, Morgan Stanley , Morgan Stanley , BMO Capital Markets 15 12, Goldman Sachs & Co , Goldman Sachs & Co , General Electric Co , General Electric Co , Mitsubishi UFJ Financial Group , SunTrust Banks 18 22, PNC Financial Services Group , Mitsubishi UFJ Financial Group 19 19, SunTrust Banks 20 22, PNC Financial Services Group 20 12, US Bancorp 21 16, US Bancorp , KeyBanc Capital Markets Inc , KeyBanc Capital Markets Inc , HSBC Holdings PLC , HSBC Holdings PLC , UBS , UBS , Credit Agricole CIB , Credit Agricole CIB , Top Twenty Five Total 736, , Top Twenty Five Total 716, , Total 8, , , Total 777, , , Industry % Change over Same Period Last Year 74.6% 43.4% 53.5% Industry % Change over Same Period Last Year 76.5% 43.0% 56.9% Industry % Change over Last Quarter -32.2% -23.1% -24.1% Industry % Change over Last Quarter -33.1% -24.2% -23.4% US Loans (R11) US Leveraged Loans (R11a) # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share% Share Ch. Deals Share% # of Deals Fees Share% Share Ch. Bank of America Merrill Lynch , JP Morgan , Citi , Wells Fargo & Co , Deutsche Bank AG , Barclays Capital , BNP Paribas SA , Credit Suisse , RBS 9 15, Morgan Stanley 13 12, Goldman Sachs & Co , General Electric Co , SunTrust Banks 13 18, PNC Financial Services Group 14 8, Mitsubishi UFJ Financial Group 15 15, US Bancorp , BMO Capital Markets , KeyBanc Capital Markets Inc , RBC Capital Markets , UBS , HSBC Holdings PLC , Credit Agricole CIB , Scotiabank-Bank of Nova Scotia , Societe Generale , Regions Bank , Top Twenty Five Total 663, , Total 711, , , Industry % Change over Same Period Last Year 83.6% 45.7% 64.6% Industry % Change over Last Quarter -29.3% -16.0% -23.4% # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share% Share Ch. Deals Share% # of Deals Fees Share% Share Ch. Bank of America Merrill Lynch , JP Morgan , Wells Fargo & Co , Deutsche Bank AG , Credit Suisse 5 15, Citi , Barclays Capital , General Electric Co 8 8, BNP Paribas SA 9 5 9, Morgan Stanley 31 7, SunTrust Banks , RBS , Goldman Sachs & Co , RBC Capital Markets , Mitsubishi UFJ Financial Group , US Bancorp , UBS , BMO Capital Markets , KeyBanc Capital Markets Inc , PNC Financial Services Group , HSBC Holdings PLC , Credit Agricole CIB , Societe Generale , Rabobank NV , Jefferies & Co Inc , Top Twenty Five Total 326, , Total 354, , , Industry % Change over Same Period Last Year 111.6% 55.7% 95.9% Industry % Change over Last Quarter -20.3% -20.9% -20.2% 5

8 Americas US Investment Grade Loans (R11b) Latin America Loans - s (R15) # of Deals per Imputed Fees (US$m) # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share% Share Ch. Deals Share% # of Deals Fees Share% Share Ch. Rank Rank Proceeds Share% Share Ch. Deals Share% # of Deals Fees Share% Share Ch. JP Morgan , Citi 1 3 1, Bank of America Merrill Lynch , BBVA Citi , BNP Paribas SA Wells Fargo & Co , Itau Unibanco BNP Paribas SA 5 9, Santander Barclays Capital 6 4 9, Societe Generale RBS 7 8 9, Banco do Brasil SA Goldman Sachs & Co 8 6 4, Credit Agricole CIB Mitsubishi UFJ Financial Group 9 9 4, ING Deutsche Bank AG 19 4, Bancolombia SA 28* SunTrust Banks , HSBC Holdings PLC US Bancorp , Bank of America Merrill Lynch Morgan Stanley , Mitsubishi UFJ Financial Group Credit Suisse , JP Morgan Scotiabank-Bank of Nova Scotia , Natixis Societe Generale , Banco Espirito Santo SA KeyBanc Capital Markets Inc , Rabobank NV PNC Financial Services Group , Intesa SanPaolo Commerzbank AG , Grupo Financiero Inbursa SA HSBC Holdings PLC 20-1, Deutsche Bank AG BMO Capital Markets , Mizuho Financial Group 21* 17* DnB NOR BANK ASA , Sumitomo Mitsui Finl Grp Inc 21* 17* Regions Bank , RBS 21* Credit Agricole CIB WestLB AG UBS Administraciones Bancarias 25* 28* Top Twenty Five Total 318, Top Twenty Five Total 8, Total 329, Total 8, Industry % Change over Same Period Last Year 62.3% 50.0% -11.6% Industry % Change over Last Quarter -36.5% -3.8% -35.4% Latin America Loans - Mandated Arrangers (R16) Industry % Change over Same Period Last Year -41.2% -17.1% -59.3% Industry % Change over Last Quarter -38.8% -50.0% -81.6% *tie Top Americas Loans Use of Proceeds Jan 1 - Sep 30 # of Deals per Imputed Fees (US$m) Mandated Arranger Rank Rank Proceeds Share% Share Ch. Deals Share% # of Deals Fees Share% Share Ch. Citi 1 2 1, BBVA Santander Itau Unibanco BNP Paribas SA Credit Agricole CIB Societe Generale Banco do Brasil SA Bancolombia SA 9 46* ING Mizuho Financial Group 11* 19* Mitsubishi UFJ Financial Group 11* Sumitomo Mitsui Finl Grp Inc 13 19* HSBC Holdings PLC Natixis JP Morgan Bank of America Merrill Lynch Deutsche Bank AG RBS Banco Espirito Santo SA Rabobank NV WestLB AG Scotiabank-Bank of Nova Scotia NIBC NV Banco de Chile 25* Top Twenty Five Total 8, Industry Total 9, Industry % Change over Same Period Last Year -71.5% -30.4% -74.9% Industry % Change over Last Quarter -40.1% -42.9% -81.3% *tie Refinance Bank Debt General Corporate Purposes Acquisition Financing Standby/CP Support Working Capital January 1, September 30, 2009 January 1, 20 -September 30, 20 Leveraged Buyout Recapitalization Project Finance 6

9 Total Volume Stands at US$581.7 Billion Refinancing Top Use of Funds BHP Billiton PLC Largest Deal First Nine Months 20 Syndicated Loans Managing Underwriters Europe, Middle East & Africa EMEA Deals Intelligence EMEA Syndicated Loan Volume by Target Market EMEA loan issuance during the third quarter totaled US$221 billion as year-to-date lending reached US$581.7 billion, a 14% increase from the same period last year. Regional volume included US$338.4 billion (58%) which reached general syndication while the remaining 42% of deal activity were structured as club transactions. $160 $ The top 3 deals of the quarter were BHP Billiton s US$45 billion facility for the acquisition of Potash Corp, Telefonica s US$.4 billion facility for the acquisition of Vivo and Sanofi-Aventis US$8.8 billion refinancing. These three transactions comprised 28% of the quarter s volume. Total sponsor-backed lending year-to-date reached US$19.6 billion, a 175% increase over the same period last year. However, lending was still considerably below the US$74 billion raised during the first three quarters of This trend should continue as two notable LBOs are expected to complete in the fourth quarter: US$3.25 billon Sunrise via CVC Capital Partners and US$2.48 billion RBS WorldPay via Bain Capital Partners. Top EMEA Syndicated Loans Closing Date Borrower Target Market Package Amt (US$m) Primary Use Of Proceeds 9/17/20 BHP Billiton PLC United Kingdom 45,000.0 Acquisition Fin. 4/19/20 Enel SpA Italy 13, /25/20 Anheuser-Busch Inbev Belgium 13, /16/20 Alstom Holdings France 11,173.4 Refinancing 7/28/20 Telefonica SA Spain,392.3 Acquisition Fin. 5//20 Glencore International AG Switzerland 9, /6/20 Sanofi-Aventis SA France 8, /23/20 AP Moller AS Denmark 6, /12/20 INEOS Group Ltd United Kingdom 6,718.0 Refinancing 5//20 Reyal Urbis SA Spain 5,882.4 General Corp. Purp. EMEA Loans (R17) - Fully Syndicated Volume $120 $0 $80 $60 $40 $20 United Kingdom France Spain Germany Italy Belgium Russian Federation Netherlands Switzerland Luxembourg # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. BNP Paribas SA , Credit Agricole CIB , Societe Generale , RBS , Deutsche Bank AG , HSBC Holdings PLC 6 13, JP Morgan , Barclays Capital , Natixis , ING 11 11, Santander 11 8, Lloyds Banking Group 12 14, Citi 13 9, Commerzbank AG 14 7, UniCredit Group , Mitsubishi UFJ Financial Group , BBVA , Bank of America Merrill Lynch , Intesa SanPaolo , Caja Madrid , WestLB AG , Caixa d'estalvis y Pensions , Rabobank NV , Mizuho Financial Group , Standard Chartered PLC , Top Twenty Five Total 281, Total 338, , Industry % Change from Same Period Last Year 1.0% -5.1% -26.1% Industry % Change from Last Quarter -.4% -12.9% 15.8% Club deal volume is not included in Thomson Reuters' League Tables; total volumes include both bookrun and club transactions. EMEA Syndicated Loan Issuance vs Maturing Loans (Notional at Original Issuance) $2,500 Proceeds Issued (US$b) Proceeds Maturing (US$b) $2,000 $1,500 $1,000 $ * * 20 volumes through September 30, 20 while prior years reflect full-year volumes 7

10 Europe, Middle East & Africa European Leveraged Loans (P) - Fully Syndicated Volume EMEA Syndicated Loan Volume by Primary Use of Proceeds Jan 1 - Sep 30 # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. Barclays Capital , JP Morgan 2 4 4, Deutsche Bank AG 3 3 2, RBS 4 2 2, HSBC Holdings PLC , Credit Agricole CIB , BNP Paribas SA 7 1 2, BBVA , Goldman Sachs & Co 9-1, Lloyds Banking Group 7 1, Societe Generale , Caja Madrid 12 28* 1, Citi , Caixa d'estalvis y Pensions 14 28* 1, ING 15 1, UniCredit Group , Commerzbank AG , Nomura , Santander , Bank of America Merrill Lynch , Nordea Natixis Landesbank Baden-Wurttemberg Rabobank NV Credit Suisse Top Twenty Five Total 45, Total 50, Industry % Change from Same Period Last Year 3.6% -16.0% Industry % Change from Last Quarter 0.5% 9.1% 11.6% 52.3% $200 $175 $150 $125 $0 $75 $50 $25 General Corporate Purposes Refinance Bank Debt Refinancing Acquisition Financing Project Finance Leveraged Buyout January 1, September 30, 2009 January 1, 20 - September 30, 20 Working Capital Export/Import Construction Finance EMEA Sponsored Loans (P13) - Fully Syndicated Volume EMEA Syndicated Loans by Industry Jan 1 - Sep 30 # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. Deutsche Bank AG Lloyds Banking Group Nomura Credit Agricole CIB Barclays Capital 5* UniCredit Group 5* Goldman Sachs & Co 5* BNP Paribas SA Societe Generale Nordea HSBC Holdings PLC Commerzbank AG Credit Suisse Citi Credit Mutuel SA ING Bank of Ireland KKR Financial Holdings LLC Morgan Stanley Mizuho Financial Group 20* Sumitomo Mitsui Finl Grp Inc 20* 6* Natixis Rabobank NV General Electric Co KBC Group NV Top Twenty Five Total, Total, Industry % Change from Same Period Last Year 62.0% -14.3% 88.9% Industry % Change from Last Quarter 262.4% 160.0% 312.2% $180 $160 $140 $120 $0 $80 $60 $40 $20 Energy and Power Materials Industrials Financials Telecommunications Consumer Staples Media and Entertainment January 1, September 30, 2009 January 1, 20 -September 30, 20 Healthcare Retail Consumer Products and Services Real Estate 8

11 Asian Loans - Record High l Project Financed Increased 130% l Australian Loans Grew 34.6% First Nine Months 20 Syndicated Loans Managing Underwriters Asia (ex-japan) Asia & Australian Deals Intelligence Asian syndicated lending for the first nine months of 20 amounted to US$195.1 billion, a 57.1% increase from last year's US$ billion, and was the highest volume through the first three quarters on record. Project Finance activity showed a remarkable 130% growth compared to last year s figures. Project Finance Loans totaled US$51.2 billion, and accounted for 26.3% of the Asian market. This volume was driven by the closing of the three largest project finance deals in the quarter: Essar Steel Ltd, Hongsa Power Co Ltd and Coastal Andra Power Ltd. Australian Loans totaled US$35 billion, a 34.6% increase over the first nine months of last year. Club deals made up 57.9% of market activity, with total closings of US$20.3 billion in proceeds. The majority of the Australian transactions were used for Refinancing, which accounted for 41.3% of the market, and was a 25.3% increase from the same period last year. Top Asia Syndicated Loans Closing Date 1/8/20 8/14/20 8/5/20 5/11/20 3/30/20 3/26/20 7/7/20 5/5/20 4/30/20 9/28/20 Borrower Taiwan High Speed Rail Corp Essar Steel Ltd Hongsa Power Co Ltd Suzlon Energy Ltd Sun Hung Kai Financial Svcs Jindal Power Ltd Coastal Andhra Power Ltd Cable & Wireless HKT Bharti Airtel Ltd Prayagraj Power Generation Co Target Market Taiwan India Thailand India Hong Kong India India Hong Kong India India Loan Package Amt (US$m) 12, , , , , , ,5.7 2, , ,797.5 Asian Loans by Currency Jan 1 - Sep 30 Proceeds (US$ b) Asian Loans by Volume Jan 1 - Sep 30 $200 $160 $120 $80 $40 $200 $160 $120 $80 $40 Other Currency Local Currency 3Q2000 3Q2001 3Q2002 3Q2003 3Q2004 3Q2005 3Q2006 3Q2007 3Q2008 3Q2009 3Q20 3Q2000 3Q2001 3Q2002 3Q2003 3Q2004 3Q2005 3Q2006 3Q2007 3Q2008 3Q2009 3Q Asia Loans - s (S5c) # of Deals per Imputed Fees (US$m) Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. State Bank of India , Bank of Taiwan , IDBI Bank Ltd 3 4, Axis Bank Ltd 4 7 5, Standard Chartered PLC 5 9 5, Bank of China Ltd 6 3 5, HSBC Holdings PLC 7 8 4, ICICI Bank Ltd , Taiwan Cooperative Bank , Infrastructure Dev Finance 12 3, CITIC 11 3, Oversea-Chinese Banking , Mega Financial Holding Co , DBS Group Holdings , Mitsubishi UFJ Financial Group , Korea Development Bank , Land Bank of Taiwan , Citi , Credit Agricole CIB , Sumitomo Mitsui Finl Grp Inc , Fubon Financial Holding Co Ltd , China Trust Co Ltd , Mizuho Financial Group , RBS , ANZ Banking Group , Top Twenty Five Total 120, Total 150, Industry % Change from Same Period Last Year 46.4% 44.2% 32.4% Industry % Change from Last Quarter -7.8% 1.0% -14.7% Asia Loans - Mandated Arrangers (S5b) Proceeds per Mandated Arranger (US$m) # of Deals per Arranger Imputed Fees (US$m) Mandated Arranger Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. State Bank of India , Bank of Taiwan , IDBI Bank Ltd , Bank of China Ltd 4 3 7, HSBC Holdings PLC 5 8 7, Axis Bank Ltd , Standard Chartered PLC 7 7 5, DBS Group Holdings 8 5 4, ICICI Bank Ltd , Sumitomo Mitsui Finl Grp Inc 14 4, Mitsubishi UFJ Financial Group , Mizuho Financial Group , Oversea-Chinese Banking , Credit Agricole CIB , Infrastructure Dev Finance , BNP Paribas SA , CITIC 17 3, ANZ Banking Group , Land Bank of Taiwan , Mega Financial Holding Co , Taiwan Cooperative Bank , Industrial & Comm Bank China , Korea Development Bank , China Trust Co Ltd , Citi , Top Twenty Five Total 139, Industry Total 195, Industry % Change from Same Period Last Year 57.1% 46.5% 37.8% Industry % Change from Last Quarter -11.5% -6.3% -12.1% 9

12 Asia (ex-japan) & Australia Asia Loans - s (S5c) - Underwritten Volume Australia Loans - Mandated Arrangers (S6a) # of Deals per Imputed Fees (US$m) Proceeds per Mandated Arranger (US$m) # of Deals per Arranger Imputed Fees (US$m) Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. Mandated Arranger Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. State Bank of India , Westpac Banking 1 3 4, Bank of Taiwan , ANZ Banking Group 2 1 4, IDBI Bank Ltd 3 4, Commonwealth Bank of Australia 3 2 4, Axis Bank Ltd 4 7 5, National Australia Bank 4 4 3, Standard Chartered PLC 5 9 5, RBS 5 6 1, Bank of China Ltd 6 3 5, Bank of China Ltd HSBC Holdings PLC 7 8 4, Sumitomo Mitsui Finl Grp Inc ICICI Bank Ltd , HSBC Holdings PLC Taiwan Cooperative Bank , Credit Agricole CIB Infrastructure Dev Finance 12 3, China Development Bank CITIC 11 3, Top Ten Total 22, Oversea-Chinese Banking , Industry Total 35, Mega Financial Holding Co , DBS Group Holdings , Industry % Change from Same Period Last Year 34.6% 9.0% #REF! ## Mitsubishi UFJ Financial Group , Industry % Change from Last Quarter -36.1% -21.1% #REF! ## Korea Development Bank , Land Bank of Taiwan , Citi , Australia Loans - s (S7) Credit Agricole CIB , Sumitomo Mitsui Finl Grp Inc , # of Deals per Imputed Fees (US$m) Fubon Financial Holding Co Ltd , China Trust Co Ltd , Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Fees Share % Share Ch. Mizuho Financial Group , ANZ Banking Group 1 1 3, RBS , Westpac Banking 2 3 2, ANZ Banking Group , Commonwealth Bank of Australia 3 2 2, Top Twenty Five Total 120, National Australia Bank 4 4 1, Total 150, RBS Bank of China Ltd Industry % Change from Same Period Last Year 46.4% 44.2% 32.4% China Development Bank Industry % Change from Last Quarter -7.8% 1.0% -14.7% Mitsubishi UFJ Financial Group 8* JP Morgan 8* 13* BNP Paribas SA Asian Loan Volume by Target Market Jan 1 - Sep 30 Top Ten Total 13, Total 14, $70 $60 $50 $40 $30 $20 $ January 1, September 30, 2009 January 1, 20 - September 30, 20 India Taiwan Hong Kong Singapore China South Korea Industry % Change from Same Period Last Year 4.9% Industry % Change from Last Quarter -58.5% -20.6% -21.4% -5.3% -8.0% *tie Top Australia Syndicated Loans Closing Date Borrower Target Market Loan Package Amt (US$m) 6/25/20 Asciano Ltd Australia 2, /23/20 Vodafone Hutchison Australia Australia 2, /16/20 Origin Energy Ltd Australia 2, /9/20 Newcastle Coal Infr Grp Australia 2, /21/20 Karara Mining Ltd Australia 1, /30/20 Australand Holdings Ltd Australia 1, /9/20 SPIAA Australia /28/20 Billabong International Ltd Australia /21/20 Hazelwood Power Fin Pty Ltd Australia /23/20 TAHL Hotel Finance Pty Ltd Australia Australian Loan by Syndicate Type Jan 1 - Sep 30 0% Australian Loans Proceeds by Industry Industrials 80% 60% 40% 24% 17% 6% 16% 9% 14% 14% Energy and Power Financials Materials 20% 0% 3Q2005 3Q2006 3Q2007 3Q2008 3Q2009 3Q20 Syndicated Club Deals Real Estate Telecommunications

13 Japanese Market - Proceeds down by 1.5% Softbank Corp raised US$4.1 billion in Q3 Mizuho Tops, MUFG Ranks Second First Nine Months 20 Syndicated Loans Managing Underwriters Japan Japan Deals Intelligence Japanese syndicated lending activity remained stable with a 1.5% decrease for the first nine months of 20, compared to the same period last year. Total proceeds amounted to US$198.5 billion from 1,378 transactions. Japan Loans - Mandated Arrangers (S12a) Dai-ichi Life Insurance Co Ltd's US$2.6 billion transaction was the largest syndicated loan deal from July to September. Softbank Proceeds per Mandated Arranger (US$m) # of Deals per Arranger Market Market # of Market Change in Corp s US$2.2 billion transaction was the second largest deal in the same period, which closed on September 8th and was sole-led by Mandated Arranger Rank Rank Proceeds Share % Share Ch. Deals Share % # of Deals Mizuho Corporate Bank (MCB). On the same day, the borrower also raised US$1.5 billion and US$357.8 million loans from MCB. Mizuho Financial Group , Mitsubishi UFJ Financial Group , Proceeds totaling US$4.1 billion will all be used for working capital. Sumitomo Mitsui Finl Grp Inc , Citi 4 4 4, The Industrials sector was the most active in the first nine months of 20, accounting for 21.8% of the market. The top three Sumitomo Trust & Banking 5 5 3, syndicated industrials deals by proceeds were: Nissan Motor Corp s deal for US$1.8 billion, Taisei Corp s US$1.8 billion loan and Resona Holdings Inc 6 8 3, Sumitomo Corp s US$1.4 billion transaction. Development Bank of Japan Inc 7 2, Aozora Bank Ltd , Bank of Yokohama , BNP Paribas SA 9 1, Chuo Mitsui Trust & Banking Credit Agricole CIB Top Japan Syndicated Loans Hiroshima Bank Ltd Closing Date Borrower Package Amt (US$m) Primary UOP Nishi-Nippon City Bank Ltd /30/20 JOGMEC 4,474.4 Oper Fund / Cash Res ING /23/20 Sumitomo Corp 3,658.4 Working Capital Bank of America Merrill Lynch /13/20 ITOCHU Corp 3,238.8 Working Capital 77 Bank Ltd /31/20 Hitachi Ltd 3,211.5 Oper Fund / Cash Res ANZ Banking Group /1/20 Osaka Prefecture 3,197.7 Place Funds on Deps Hokuhoku Financial Group Inc /1/20 Marubeni Corp 2,748.9 Barclays Capital 20 35* /27/20 Dai-ichi Life Insurance Co Ltd 2,6.7 Societe Generale /16/20 Mitsubishi Heavy Industries 2,298.9 Working Capital Shinkin Central Bank /8/20 SoftBank Corp 2,230.3 Working Capital Bank of Kyoto Ltd /9/20 Nissan Motor Co Ltd 1,800.0 General Corp. Purp. Fukuoka Financial Group Inc Sapporo Hokuyo Holdings Inc Top Twenty Five Total 197, Industry Total 198, , Japan Loans Volume Jan 1 - Sep 30 $250 $200 $150 $0 2,500 2,000 1,500 1,000 Industry % Change from Same Period Last Year Industry % Change from Last Quarter *tie -1.5% -4.4% 66.8% 178.6% Japan Loans Proceeds by Industry 6% 7% 6% 4% 4% 2% 2% 1% 21% 14% Industrials Financials Energy and Power High Technology Real Estate Materials Consumer Products and Services Retail 9% Government and Agencies Consumer Staples $ % 12% Media and Entertainment Healthcare Telecommunications 3Q2001 3Q2002 3Q2003 3Q2004 3Q2005 3Q2006 3Q2007 3Q2008 3Q2009 3Q

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