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Focus on Germany - Investor Relations - HypoVereinsbank

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Net impaired loans significantly down in H1/07<br />

Net impaired customer loans (€m) % <strong>on</strong> total net customer loans % coverage ratio<br />

6,989<br />

-22.3% ytd<br />

6,212<br />

12.6% qoq<br />

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

8<br />

5,431<br />

Q4/06 Q1/07 Q2/07<br />

-85 b.p. ytd<br />

-39 b.p. qoq<br />

4.11% 3.65% 3.26%<br />

Q4/06 Q1/07 Q2/07<br />

� Ongoing reducti<strong>on</strong> of both gross and net impaired loans: so far in 2007 gross impaired loans declined by<br />

12.3% and net impaired loans dropped by over 20%<br />

� Reducti<strong>on</strong> mainly achieved through successful day to day workout<br />

� Impaired loans as percentage of net loans drop by a substantial 85 b.p. ytd to 3.26%<br />

44.0%<br />

� The coverage of impaired loans further increase by 3.0 p.p. in just three m<strong>on</strong>ths to over 50%<br />

6.4 p.p. ytd<br />

47.5%<br />

+3.0 p.p. qoq<br />

50.4%<br />

Q4/06 Q1/07 Q2/07

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