April 17, 2006 Contact Information: Janice Tsang (deal queries, submissions etc) janice.tsang@mergermarket.com Tel: +44 (0)20 7059 6179 Hannah Bagshawe (PR) hannah.bagshawe@mergermarket.com Tel: +44 (0)20 7059 6118 mergermarket s Q1 2007 M&A House League Tables of Financial Advisers to European M&A Regional league tables provided for Europe, United Kingdom, Germany, France, Ireland, Nordic Region, Benelux Region, Italy, Portugal & Spain and CEE. EUROPE: in Europe in the period 01 January 2007 31 March 2007 (1) 4 1 Merrill Lynch 88,972 24 1 2 Morgan Stanley 63,512 28 5 3 Goldman Sachs 59,407 29 7 4 UBS 40,237 36 2 5 JPMorgan 38,326 28 6 6 Deutsche Bank 37,054 36 3 7 Citigroup 36,589 34 8 8 Rothschild 31,558 55 10 9 Credit Suisse 25,584 29 12 10 Lehman Brothers 24,068 15 9 11 BNP Paribas 23,374 19 14 12 ABN AMRO 22,510 27 11 13 HSBC Bank 21,415 17-14 Banesco 14,440 1 17 15 Dresdner Kleinwort 13,299 9 16 16 CALYON 12,565 4-17 Kotak Investment Banking 10,670 2 22 18 Mediobanca 10,147 12 13 19 Lazard 9,365 23 28 20 PricewaterhouseCoopers Corp Fin 7,666 40 1
in Europe in the period 01 January 2007 31 March 2007 (1) 2 1 Rothschild 31,558 55 1 2 KPMG Corp Fin 4,073 47 3 3 PricewaterhouseCoopers Corp Fin 7,666 40 9 4 UBS 40,237 36 13 5 Deutsche Bank 37,054 36 5 6 Ernst & Young 5,950 35 8 7 Citigroup 36,589 34 4 8 Deloitte 6,994 32 15 9 Goldman Sachs 59,407 29 14 10 Credit Suisse 25,584 29 10 11 Morgan Stanley 63,512 28 6 12 JPMorgan 38,326 28 11 13 ABN AMRO 22,510 27 12 14 Merrill Lynch 88,972 24 7 15 Lazard 9,365 23 17 16 BNP Paribas 23,374 19 24 17 HSBC Bank 21,415 17 20 18 Lehman Brothers 24,068 15 18 19 M&A International 396 15 23 20 Grant Thornton Corporate Finance 331 14 2
UNITED KINGDOM: in the United Kingdom in the period 01 January 2007 31 March 2007 (1) 4 1 Morgan Stanley 36,391 10 5 2 UBS 26,850 18 8 3 Citigroup 23,889 14 6 4 Goldman Sachs 22,498 11 1 5 Deutsche Bank 20,105 14 3 6 JPMorgan Cazenove 16,981 13 2 7 Rothschild 16,277 32-8 Kotak Investment Banking 10,670 2 13 9 Credit Suisse 10,241 13 18 10 Lehman Brothers 8,530 6 7 11 Merrill Lynch 8,495 13 16 12 PricewaterhouseCoopers Corp Fin 6,541 20 28 13 Hawkpoint Partners 5,772 9 9 14 Lazard 5,531 10 57 15 Scotia Capital 5,407 2 in the United Kingdom in the period 01 January 2007 31 March 2007 (1) 3 1 Rothschild 16,277 32 2 2 KPMG Corp Fin 1,964 26 1 3 PricewaterhouseCoopers Corp Fin 6,541 20 6 4 UBS 26,850 18 4 5 Deloitte 4,963 17 5 6 Ernst & Young 4,626 17 8 7 Citigroup 23,889 14 19 8 Deutsche Bank 20,105 14 7 9 JPMorgan Cazenove 16,981 13 23 10 Credit Suisse 10,241 13 10 11 Merrill Lynch 8,495 13 18 12 Grant Thornton Corporate Finance 310 12 16 13 Goldman Sachs 22,498 11 13 14 Morgan Stanley 36,391 10 9 15 Lazard 5,531 10 3
GERMANY: in Germany in the period 01 January 2007 31 March 2007 (1) 4 1 Merrill Lynch 75,686 1 10 2 Goldman Sachs 20,385 8 15 3 Rothschild 12,484 10 1 4 Deutsche Bank 11,910 11 11 5 Dresdner Kleinwort 11,378 4 3 6 JPMorgan 11,249 2 5 7= BNP Paribas 10,249 1 47 7= CALYON 10,249 1 6 7= Lehman Brothers 10,249 1 2 10 Citigroup 6,159 5 8 11 Morgan Stanley 6,095 6 9 12 Credit Suisse 5,073 4 12 13 UBS 4,481 7 14 14 Lazard 4,479 8 26 15 ABN AMRO 4,255 6 in Germany in the period 01 January 2007 31 March 2007 (1) 2 1 Deutsche Bank 11,910 11 3 2 Rothschild 12,484 10 1 3 Ernst & Young 3,343 10 23 4 Goldman Sachs 20,385 8 4 5 Lazard 4,479 8 11 6 UBS 4,481 7 14 7 Morgan Stanley 6,095 6 24 8 ABN AMRO 4,255 6 9 9 Citigroup 6,159 5 10 10 Dresdner Kleinwort 11,378 4 13 11 Credit Suisse 5,073 4 16 12 Lincoln International 310 4 5 13 KPMG Corp Fin 336 3-14 Close Brothers Group 57 3 6 15 JPMorgan 11,249 2 4
FRANCE: in France in the period 01 January 2007 31 March 2007 (1) 1 1 BNP Paribas 21,390 14 3 2 Rothschild 17,272 13 2 3 JPMorgan 14,394 9 4 4 Goldman Sachs 13,203 4 12 5 Lehman Brothers 13,026 4 10 6 CALYON 12,305 3 43 7 Dresdner Kleinwort 10,567 2 20 8 Mediobanca 7,820 4 11 9 UBS 6,250 7 17 10 Credit Suisse 3,702 4 25 11 Hawkpoint Partners 3,500 4 16 12 Citigroup 1,886 3 15 13 ABN AMRO 1,763 4 18 14 Deutsche Bank 1,758 5 101 15= Natexis Finance 1,487 1 87 15= Oddo & Cie 1,487 1 in France in the period 01 January 2007 31 March 2007 (1) 3 1 BNP Paribas 21,390 14 1 2 Rothschild 17,272 13 4 3 JPMorgan 14,394 9 14 4 UBS 6,250 7 19 5 SG 1,459 6 2 6 Lazard 949 6 15 7 Deutsche Bank 1,758 5 6 8 Ernst & Young 1,175 5 16 9 HSBC Bank 1,094 5 17 10 PricewaterhouseCoopers Corp Fin 83 5 8 11 Aforge Finance 12 5 11 12 Goldman Sachs 13,203 4 18 13 Lehman Brothers 13,026 4 39 14 Mediobanca 8,247 4 25 15 Credit Suisse 3,702 4 5
IRELAND: in Ireland in the period 01 January 2007 31 March 2007 (1) 9 1 Credit Suisse 1,121 3 8 2 Citigroup 765 2 5 3= Goodbody Corp Fin 549 1 13 3= NCB Corp Finance 549 1-5= Jefferies & Company 395 1 2 5= Merrill Lynch 395 1 source:mergermarket in Ireland in the period 01 January 2007 31 March 2007 (1) 7 1 KPMG Corp Fin 112 4 27 2 Credit Suisse 1,121 3 3 3 AIB Corporate Finance 156 3 26 4 Citigroup 765 2 12 5 Deloitte 69 2 6
NORDIC REGION*: in the Nordic Region in the period 01 January 2007 31 March 2007 (1) 5 1 Deutsche Bank 4,267 4 18 2 PricewaterhouseCoopers Corp Fin 3,076 5 3 3 Goldman Sachs 2,974 4 1 4 Morgan Stanley 2,850 1 110 5 Lexicon Partners 2,228 2-6= Mitsubishi UFJ Securities Co 2,196 1-6= Mizuho Corporate Bank 2,196 1 7 8 SEB Enskilda 2,141 8 6 9 Lehman Brothers 1,500 2 55 10 Sal. Oppenheim jr & Cie 1,500 1 22 11 KPMG Corp Fin 1,268 3 11 12 Credit Suisse 982 1 21 13 Handelsbanken Capital Markets 941 2 50 14 CIBC World Markets 859 2 2 15 Citigroup 833 1 in the Nordic Region in the period 01 January 2007 31 March 2007 (1) 1 1 SEB Enskilda 2,141 8 4 2 Carnegie Group 773 8 14 3 Nordea Corporate Finance 190 8 8 4 ABG Sundal Collier 715 6 3 5 Ernst & Young 84 6 2 6 PricewaterhouseCoopers Corp Fin 3,076 5 20 7 Deutsche Bank 4,267 4 25 8 Goldman Sachs 2,974 4 21 9 Global M&A 101 4 16 10 Danske Markets Corporate Finance 36 4 5 11 KPMG Corp Fin 1,268 3 46 12 Swedbank Markets 633 3 26 13 Lazard 596 3 100 14 Access Partners 545 3 6 15 ABN AMRO 432 3 * The Nordic Region includes Sweden, Denmark, Finland, Faroe Islands, Greenland, Iceland and Norway. 7
BENELUX REGION**: in Benelux in the period 01 January 2007 31 March 2007 (1) 1 1 Morgan Stanley 14,328 7 6 2 Goldman Sachs 12,522 3 10 3 ABN AMRO 12,463 12 3 4 Credit Suisse 4,357 5 2 5 Citigroup 3,472 5 5 6 UBS 2,362 3 17 7 Rothschild 2,025 7 4 8 Deutsche Bank 1,865 2 19 9 Deloitte 1,838 4 22 10 Lehman Brothers 1,830 4-11 Duff & Phelps 1,517 1 21 12 ING 1,415 5 18 13 JPMorgan 976 4 30 14 Rabobank 802 4 0 15 Greenhill & Co 774 1 in Benelux in the period 01 January 2007 31 March 2007 (1) 2 1 ABN AMRO 12,463 12 8 2 Morgan Stanley 14,328 7 7 3 Rothschild 2,025 7 16 4 Credit Suisse 4,357 5 15 5 Citigroup 3,472 5 3 6 ING 1,415 5 5 7 Ernst & Young 4 5 4 8 Deloitte 1,838 4 19 9 Lehman Brothers 1,830 4 12 10 JPMorgan 976 4 11 11 Rabobank 802 4 14 12 Goldman Sachs 12,522 3 13 13 UBS 2,362 3 73 14 William Blair & Company 750 3 9 15 Fortis 516 3 ** The Benelux region includes Belgium, The Netherlands and Luxembourg. 8
ITALY: in Italy in the period 01 January 2007 31 March 2007 (1) 3 1 Mediobanca 9,996 11 13 2 Deutsche Bank 6,190 3 14 3 BNP Paribas 5,499 2 6 4 Credit Suisse 4,923 2 11 5 UBS 4,848 2 17 6 Unicredit Group 4,839 2 15 7 Lehman Brothers 3,220 2 5 8 Gruppo Banca Leonardo 1,900 2 2 9 Merrill Lynch 1,754 3 16 10 Lazard 1,195 2 10 11= Goldman Sachs 1,150 1 8 11= JPMorgan 1,150 1-13 Financial Managers 1,100 1 21 14 Deloitte 1,037 4 22 15 KPMG Corp Fin 544 8 in Italy in the period 01 January 2007 31 March 2007 (1) 1 1 Mediobanca 9,996 11 4 2 KPMG Corp Fin 544 8 9 3 Deloitte 1,037 4 11 4 PricewaterhouseCoopers Corp Fin 490 4 7 5 Citigroup Inc 70 4 17 6 Deutsche Bank 6,190 3 5 7 Merrill Lynch 1,754 3 27 8 BNP Paribas 5,499 2 8 9 Credit Suisse 4,923 2 16 10 UBS 4,848 2 14 11 Unicredit Group 4,839 2 13 12 Lehman Brothers 3,220 2 21 13 Gruppo Banca Leonardo 1,900 2 6 14 Lazard 1,195 2 3 15 Intesa Sanpaolo 42 2 9
PORTUGAL and SPAIN: in Portugal and Spain in the period 01 January 2007 31 March 2007 (1) 6 1 HSBC Bank 15,040 2-2 Banesco 14,440 1 8 3 Morgan Stanley 9,888 4-4 Sandler O'Neill & Partners 7,409 1 1 5 Citigroup 3,012 2 10 6 Lazard 2,364 2 2 7 JPMorgan 2,162 1 16 8 Goldman Sachs 1,748 1 11 9 Rothschild 1,264 1 28 10 Deloitte 1,260 6 9 11 UBS 1,208 2 42 12= Financial Managers 1,100 1-12= Gruppo Banca Leonardo 1,100 1 60 12= Mediobanca 1,100 1 30 15 Socios Financieros 940 3 in Portugal and Spain in the period 01 January 2007 31 March 2007 (1) 15 1 Deloitte 1,260 6 16 2 Norgestion 192 5 5 3 Atlas Capital Close Brothers 96 5 2 4 Morgan Stanley 9,888 4 7 5 Socios Financieros 940 3 1 6 KPMG Corp Fin 145 3 32 7 HSBC Bank 15,040 2 8 8 Citigroup 3,012 2 10 9 Lazard 2,364 2 19 10 UBS 1,208 2 21 11 Deutsche Bank 650 2 11 12 PricewaterhouseCoopers Corp Fin 150 2-13 Banesco 14,440 1-14 Sandler O'Neill & Partners 7,409 1 4 15 JPMorgan 2,162 1 10
CEE***: in the CEE region in the period 01 January 2007 31 March 2007 (1) 1 1 Deutsche Bank 3,309 6 14 2 Citigroup 2,619 3 6 3 Goldman Sachs 2,377 1 23 4 ABN AMRO 1,894 1 7 5 Merrill Lynch 930 2 3 6 HSBC Bank 800 2 4 7 Morgan Stanley 624 4 13 8 Dresdner Kleinwort 571 1 30 9 Lazard 560 2 17 10= Lehman Brothers 527 1-10= Swedbank Markets 527 1 8 12 UBS 507 2 11 13= BNP Paribas 470 1 5 13= JPMorgan 470 1 21 15 Unicredit Group 450 2 in the CEE region in the period 01 January 2007 31 March 2007 (1) 2 1 Deutsche Bank 3,309 6 6 2 Morgan Stanley 624 4 11 3 Citigroup 2,619 3 8 4 Rothschild 343 3 10 5 Renaissance Capital 260 3 5 6 Merrill Lynch 930 2 13 7 HSBC Bank 800 2 22 8 Lazard 560 2 14 9 UBS 507 2 3 10 Unicredit Group 450 2 4 11 Credit Suisse 227 2 1 12 Deloitte 195 2 9 13 PricewaterhouseCoopers Corp Fin 184 2 80 14 Global M&A 7 2 25 15 Goldman Sachs 2,377 1 *** The CEE region includes Armenia, Azerbaijan, Belarus, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, FYROM, Moldova, Montenegro, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, and Ukraine. 11
Notes to Editors 1. Criteria: The Q1 league tables are based on announced transactions (where the bidder or target or parent of either is from the country or region to which the table refers), over EUR 5m in the period from 1 January 2007 to 31 March 2007. Deals with undisclosed deal values are included where the target s turnover exceeds EUR 10m. Activities excluded from the league tables include property transactions and restructurings where the ultimate shareholders interests are not changed. About mergermarket mergermarket is part of The Mergermarket Group which has over 400 employees worldwide and regional head offices in London, New York and Hong Kong. mergermarket is an unparalleled mergers and acquisitions (M&A) intelligence service, unique for its provision of origination intelligence to the investment banking, legal, private equity, acquisition finance, public relation and corporate markets. With an unrivalled network of analysts covering M&A in Europe, the Americas and Asia-Pacific, mergermarket generates proprietary intelligence and delivers it on its mergermarket.com platform and by real-time email alerts to subscribers. This wealth of intelligence, together with a series of historical deal databases, individual and house league tables, profiles and editorial have proven time and time again that this product can and does generate real revenues for clients. This is confirmed by the fact that mergermarket s services are used by over 1,000 of the world s foremost advisory firms to assist in their origination process. Visit us at: www.mergermarket.com Contact Information: Janice Tsang (deal queries, submissions etc) janice.tsang@mergermarket.com Tel: +44 (0)20 7059 6179 Hannah Bagshawe (PR) hannah.bagshawe@mergermarket.com Tel: +44 (0)20 7059 6118 12