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Focus on Germany - Investor Relations - HypoVereinsbank

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Successful development for HVB Group<br />

� Solid H1/07 results with operating profit of HVB Group at €2,089 m<br />

� Ongoing, c<strong>on</strong>stant improvement in asset quality and strict c<strong>on</strong>trol across all risks<br />

� Group structure significantly reshaped, with no hindrance to business and clear strategic focus<br />

� <str<strong>on</strong>g>Focus</str<strong>on</strong>g> <strong>on</strong> the key German market enhanced by the reorganisati<strong>on</strong> and benefiting of clear advantages<br />

<strong>HypoVereinsbank</strong> - <strong>Investor</strong> Relati<strong>on</strong>s<br />

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