CREDENTIALS - UniCredit Group

CREDENTIALS
FULL YEAR 2010 SELECTION
February 2011

CONTENTS
DEALS, LEAGUE TABLES, AWARDS 5
Financing & Advisory
Markets
Global Transaction Banking
Leasing
Research
5
10
15
18
20

5
DEALS, LEAGUE TABLES, AWARDS
FINANCING & ADVISORY
Project & Commodity Finance
Awards received in 2010 (Selection)
• Best Project Finance House of the Year in CEE
(Euromoney Awards for Excellence 2010)
• Best Project Finance House of the Year in CEE & CIS
(emeafinance Project Finance Awards 2009)
• Best Deal Awards 2010:
• Nord Stream Phase 1 – European Gas Deal of the
Year 2009/2010 (Euromoney Project Finance
Awards 2010, GTR 2010, PFI Awards 2009,
emeafinance Project Finance Awards 2009)
• Avenal Solar Holdings – North America Renewables/Solar
Deal of the Year 2010 (PFI Awards,
Euromoney Project Finance Awards)
• Pulkovo Airport – European Airport Deal of the Year
2010 (Euromoney Project Finance Awards)
• Evraz – Best Structured Finance Deal of the Year
2010 (emeafinance Achievement Awards)
• Rovigo Solar Power Plant – European Solar PV
Deal of the Year 2010 (Euromoney Project Finance
Awards)
• Ruby Pipeline – Best Oil & Gas Deal of the Year 2010
(PFI Awards)
• Mechel – Best Deal of the Year 2010 (GTR)
• BP Caspian & BP Angola – Emerging EMEA Loan of
the Year 2010 (IFR)
Leading Positions in 2010 (1 Jan – 31 Dec 2010)
• #1 Mandated Lead Arranger Global Project Financing in
Renewables by volume, source: Infrastructure Journal
• #1 Mandated Lead Arranger Project Finance Loans in
UC’s home markets by volume and #1 by no. of issues,
source: Dealogic Project Ware
• #3 Mandated Lead Arranger European Project Finance
Loans by volume, source: Dealogic
• #8 Mandated Lead Arranger Global Project Finance
Loans by no. of issues, source: Dealogic
Corporate Loans and Corporate Structured Finance
Awards
• Best Arranger of Central Eastern European Loans
(excluding Russia) (Euroweek)
Leading Positions in 2010 (1 Jan – 31 Dec 2010)
• #3 Mandated Lead Arranger in Germany by no. of
issues, source: Dealogic Loan Analytics
• #3 Bookrunner in Germany by no. of issues, source:
Dealogic Loan Analytic
• #2 Mandated Lead Arranger in Italy by allocated volume
and #3 by no. of issues, source: Dealogic Loan Analytics
• #3 Bookrunner in Italy by allocated volume and #3 by
no. of issues, source: Dealogic Loan Analytics
• #1 Mandated Lead Arranger in CEE by allocated
volume and no. of issues, source: Dealogic Loan
Analytics
• #3 Bookrunner in Home Markets by no. of issues,
source: Dealogic Loan Analytics
Corporate Finance Advisory M&A
Leading Positions in 2010 (1 Jan – 31 Dec 2010)
• #1 in CEE by volume and #2 by no. of issues (target
countries are in CEE excl. Russia), source: Thomson
Reuters
• #1 in Austria by no. of issues, source: Thomson Reuters
(completed transactions with Austrian targets)
• #1 in Italy by no. of issues excluding financial services
and #2 by no. of issues including financial services,
source: mergermarket (announced transactions)
• #5 in Germany by volume (=value),
source: mergermarket
(completed transactions with German targets)
Awards in 2010
“Financial Advisor of the Year in CEE” (mergermarket)

6
Project & Commodity Finance (PCF) – Selected Transactions in 2010
Nord Stream
Pipeline Phase 1 & 2
Borkum West II
3 SUN s.r.l.
Val di Chienti
Minera y Metalurgica
del Boleo S.A.
Pulkovo Airport
EUR 3,873,000,000
Project Finance Phase 1
Financial Advisor, UFK
Facility Agent & MLA
CEE, 2010/2011
EUR 544,500,000
Project Finance Fac.
Coordinating MLA &
Sole Bookrunner
Germany, 2010
EUR 255,376,618
Project Financing
MLA & Agent Bank
Italy, 2010
EUR 189,500,000
General Contractor
Road Network
MLA
Italy, 2010
USD 823,000,000
Project Finance Facilities
MLA
Mexico, 2010
EUR 1,200,000,000
Project Financing
MLA
Russia, 2010
Evraz Group
Polymetal
Tatneft Europe
Mechel OAO
Sedas
Bandirma Port
EUR 950,000,000
Pre-Export Syndicated
Facility
MLA & Bookrunner
Russia, 2010
USD 200,000,000
Pre-Export Finance
Facility
Sole MLA
Russia, 2010
USD 2,000,000,000
Pre-Export Facility
MLA & Agent
Russia, 2010
USD 1,900,000,000
Pre-Export Finance
Facility
MLA & Bookrunner
Russia, 2010
EUR 600,000,000
Term Loan
Co-ordinating MLA
Turkey, 2010
USD 156,750,000
Project Financing
Debt Advisory &
Modelling Bank
MLA
Turkey, 2010
Corporate Loans and Corporate Structured Finance – Selected Transactions in 2010
Strabag SE
OMV Finance Ltd.
Atlantic Grupa
Agrokor
METRO AG
MAN SE
EUR 2,000,000,000
Bookrunner &
Mandated Lead Arranger
Austria, Oct 2010
EUR 1,500,000,000
Bookrunner &
Mandated Lead Arranger
Austria, Apr 2010
EUR 305,000,000
Senior Acquisition,
Refinancing and WC
Facilities
MLA, Bookrunner & Agent
Croatia, Dec 2010
EUR 352,000,000
Coordinator, Bookrunner
& MLA
Croatia, Jun 2010
EUR 1,500,000,000
Coordinator,
Bookrunner & MLA
Germany, Dec 2010
EUR 1,500,000,000
Coordinator,
Bookrunner & MLA
Germany, Dec 2010
RWE AG
Symrise AG
Demag Cranes AG
Daimler AG
Hapag-Lloyd AG
Dyckerhoff AG
EUR 4,000,000,000
EUR 300,000,000
EUR 350,000,000
EUR 7,000,000,000
USD 360,000,000
EUR 150,000,000
Coordinator,
Bookrunner & MLA
Germany, Nov 2010
Bookrunner, MLA &
Doc Agent
Germany, Nov 2010
Sole Coordinator,
Bookrunner, MLA &
Facility Agent
Germany, Nov 2010
Coordinator,
Bookrunner & MLA
Germany, Oct 2010
Coordinator,
Bookrunner & MLA
Germany, Oct 2010
Coordinator,
Bookrunner & MLA
Germany, Sep 2010
K+S AG
Wingas GmbH & Co.
KG
Fiat Industrial
Amplifon
Prima Holding
Finmeccanica SpA
EUR 800,000,000
Coordinator, Bookrunner
& MLA
Germany, Jul 2010
EUR 2,000,000,000
Mandated Lead Arranger
& Facility Agent
Germany, May 2010
EUR 4,200,000,000
Term Loan and RCF
Bookrunner &
Mandated Lead Arranger
Italy, Dec 2010
EUR 353,800,000
Syndicated Term Loan to
Amplifon S.p.A. for the
Acquisition of NHC
Bookrunner & MLA
Italy, Dec 2010
EUR 398,000,000
Medium Term Facilies for
the Acquisition of
Anima Sgr
Bookrunner & MLA
Italy, Dec 2010
EUR 2,400,000,000
Bookrunner, MLA
& Facility Agent
Italy, Sep 2010
Enel SpA
A&D Pharma
Vimetco
X5 Retail Group NV
BHP Billiton
Thomas Cook plc
EUR 10,000,000,000
Bookrunner &
Mandated Lead Arranger
Italy, Apr 2010
EUR 150,000,000
WC and Share
Repurchase Facilities,
Senior Secured Revolving
and Term Loan
MLA
Romania, Dec 2010
USD 180,000,000
Term and Revolving
Credit Facilities
MLA
Romania, Aug 2010
USD 800,000,000
Coordinator &
Mandated Lead Arranger
Russia, Sep 2010
USD 45,000,000,000
Bookrunner &
Mandated Lead Arranger
UK, Sep 2010
GBP 1,250,000,000
Coordinator, Bookrunner
& MLA
UK, May 2010

7
Corporate Finance Advisory M&A – Selected Transactions in 2010
Constantia Packaging
Constantia Privatbank
CVC
Dalkia Česká republika
Primondo Speciality
Group GmbH
Andreae-Noris Zahn
EUR 927,000,000
Advisor to the shareholders
in connection
with the disposal of a
majority stake in
Constantia Packaging
Austria, 2010
Undisclosed
Advisor to the
shareholders in
connection with the
disposal of Constantia
Privatbank
Austria, 2010
EUR 27,100,000
Advisor to CVC
on the acquisition of
a minority shareholding in
Zagrebačka pivovara
Croatia, 2010
EUR 132,000,000
Advisor to Dalkia Česká
republika on the acquisition
of NWR Energy from
New World Resources
Czech Rep., Jun 2010
Undisclosed
Advisor to Carlyle on the
acquisition of a portfolio
of six multi-channel
retailer
Germany, Dec 2010
EUR 143,398,086
Advisor to Alliance Boots
on the acquisition of a
majority stake in
ANZAG
Germany, Dec 2010
Isolite Holding GmbH
Prysmian
Sintonia S.A.
F2i + AXA
Fastweb
Polimeri Europa
Undisclosed
Advisor to the
shareholders on the
disposal of Isolite Holding
GmbH to Equita
Management GmbH
Germany, April 2010
EUR 1,175,000,000
Advisor to Prysmian in
the tender offer
launched on
Draka Holding
Italy, 2010
EUR 310,000,000
Advisor to Sintonia in
the acquisition of a
3.22% stake in Atlantia
from Aabar Investments
Italy, 2010
EUR 290,000,000
Advisor to F2i and AXA
Private Equity in the
acquisition of E.ON
Rete from E.ON AG
Italy, 2010
EUR 256,000,000
Advisor to Fastweb
on the tender offer of
Swisscom on
Fastweb minorities
Italy, 2010
Undisclosed
Advisor to Polimeri
Europa in the acquisition
of the polyethylene plant
of Oxea GmbH
Italy, 2010
Eurocash
Warburg Pincus
Adamed
Nidan Soki
Salavatsteklo
Atlantic Grupa
EUR 104,000,000
Sole Financial Adv. with
respect to the acqui-sition
of CEDC Polish
distribution business
Poland, Apr 2010
PLN 307,000,000
Financial Advisor to
Warburg Pincus on the
Acquisition of a 24.99%
Stake in AmRest
Poland, Apr 2010
Undisclosed
Advisory to Adamed on
the acquisition of 85%
stake in PZF Polfa SA
(Polfa Pabianice)
Poland, Mar 2010
Undisclosed
Financial advisor to Lion
Capital on the sale of
75% stake in Nidan Soki
to Coca-Cola
Russia 2010
USD 40,000,000
Financial advisor to
Salavatsteklo on the
acquisition of
Saratovstroysteklo
Russia 2010
EUR 243,100,000
Sole Financial Advisor to
Atlantic Grupa on the
acquisition of Droga
Kolinska
Slovenia/Croatia 2010
Financial Sponsor Solutions
Awards received in 2010
• German Debt Provider of the Year 2010
(unquote” Private Equity Awards)
• “Financial Advisor of the Year in CEE”
(mergermarket; joint Award CFA CEE and FSS CEE)
• CEE Debt Provider of the Year 2009
(unquote” Private Equity Awards)
Leading Positions in 2010 (1 Jan – 31 Dec 2010)
• #1 Bookrunner by volume in Europe, source: Dealogic
(excluding amendments and/or refinancings)
• #1 Bookrunner in home markets by volume, source:
Dealogic (excluding amendments and/or refinancings)
Financial Sponsor Solutions (FSS) – Selected Transactions in 2010
Wittur
Schneider
Springer
HSE24
Arena
Microgame
EUR 175,000,000
Senior Facilities
Triton
MLA & Sole Bookrunner
Germany, 2010
EUR 113,000,000
Senior Facilities
Silverfleet
MLA, Sole Bookrunner &
M&A Advisor
Germany, 2010
EUR 1,724,400,000
Debt Facilities
EQT Partners
Global Coordinator,
Bookrunner &
M&A Advisor
Germany, 2010
EUR 112,500,000
Senior Facilities
AXA Private Equity
MLA & Sole Bookrunner
Germany, 2010
EUR 79,000,000
Senior Facilities
Riverside
MLA, Bookrunner &
M&A Advisor
Italy, 2010
EUR 45,000,000
Senior Facilities
Monitor Clipper Partners
MLA & Bookrunner
Italy, 2010
TeamSystem
Bruni Glass
Equity Trust
Sunrise
Merlin
Survitec
EUR 212,800,000
Senior Facilities
HgCapital
MLA, Bookrunner &
Sell-side M&A Advisor
Italy, 2010
EUR 52,500,000
Senior Facilities
Cape Natixis
MLA, Bookrunner &
M&A Advisor
Italy, 2010
EUR 100,000,000
Senior Facilities
Doughty Hanson
Sole MLA & Bookrunner
Netherlands, 2010
CHF 2,545,000,000
Senior Loan Facilities
High Yield Bond
CVC Partners
MLA & Bookrunner
Switzerland, 2010
EUR 1,255,286,488
Senior Facilities
Blackstone
Sole Global Coordinator
UK, 2010
GBP 175,000,000
Senior Facilities
Warburg Pincus
MLA & Bookrunner
UK, 2010

8
Shipping Finance (Global)
Selected Transactions in 2010
Rickmers Group
Angelicoussis
Shipping Group
Alma Maritime
Gruppo Grimaldi
Veritable Maritime
Holdings, LLC
Seadrill Ltd.
175,280,00
Term Loan
Sole Lender
Germany, 2010
USD 49,000,000
Term Loan Facility
Sole Lender
Greece, 2010
USD 118,000,000
Term Loan Facility
Arranger
Greece, 2010
EUR 171.000.000
Shipping Finance
Sec. Term Loan Facility
5 NB Ro-Ro Vessels
MLA & Sole Bookrunner
Italy, 2010
USD 550,000,000
Term Loan Facility
Lead Arranger
Marshall Island, 2010
USD 700,000,000
Senior Secured
Credit Facility for
7 Premium Jackups
Mandated Lead Arranger
UK, 2010
Commercial Real Estate
Selected Transactions in 2010
IZD Vienna Tower
OpernTurm
TLG Immobilien
alstria office REIT-AG
Metro Group
Venti_M Fund
Cloe Fund
EUR 150,000,000
Investment Financing of
IZD Vienna Tower
Arranger & Lender
Austria, May 2010
EUR 331,480,452
Acquisition finance
Joint MLA & Agent
Germany, Dec 2010
EUR 50,000,000
Project finance of a hotel
and office property
located in Berlin-Mitte
Arranger
Germany, 2010
EUR 630.000.000
Refinancing of corporate
loan for 61 office
properties
MLA & Facility Agent
Germany, 2010
EUR 167,900,000
Financing
Mandated Lead Arranger
Italy, 2010
EUR 315,500,000
Financing
Mandated Lead Arranger
Italy, 2010

COMMITMENT, THE
UNICREDIT WAY.
We believe in building and maintaining strategic partnerships that stand the test of time.
Through this commitment in partnership your success is our success.
Nordea Bank Finland Plc
Republic of Poland
Lottomatica
Lukoil
EUR 2,000,000,000
Finnish Covered Bond
2.250% due 2015
EUR 3,000,000,000
Senior Bond
5.250% due 2025
EUR 500,000,000
Corporate Bond
5.375% due 2018
USD 2,380,000,000
Structured Equity
Transaction
Joint Bookrunner
Joint Bookrunner
Joint Bookrunner
Arranger
Finland
November 2010
Poland
January 2010
Italy
November 2010
Russia
September 2010
Assicurazioni
Generali SpA
Polska Grupa
Energetyczna SA
Mechel OAO
Dalkia Česká
republika
EUR 795,500,000
Accelerated Equity Offering
EUR 1,004,900,000
Accelerated Equity Offering
USD 2,000,000,000
Pre-Export Finance Facility
EUR 245,000,000
M&A Advisor to Dalkia
Česká republika on the
disposal of majority stake in
Dalkia Usti nad Labem
Sole Bookrunner
Joint Global Coordinator
Mandated Lead Arranger,
Bookrunner,
Facility & Security Agent
Advisor
Italy
March 2010
Poland
October 2010
Russia
September 2010
Czech Republic
May 2010
Hapag-Lloyd
Hg Capital
OMV Finance Ltd.
CVC Capital Partners
EUR 360,000,000
Syndicated Revolving
Credit Facility
EUR 330,000,000
USD 250,000,000
2-Tranche HY Bond
Mandated Lead Arranger,
Bookrunner & Coordinator
EUR 212,800,000
Debt Facilities
Mandated Lead Arranger,
Bookrunner, Underwriter,
Global Coordinator &
Financial Advisor
EUR 1,500,000,000
Syndicated Revolving
Credit Facility
Mandated Lead Arranger
& Bookrunner
CHF 2,545,000,000
Senior and Bond Facilities
EUR 876,000,000
CHF 300,000,000
3-Tranche HY Bond
Mandated Lead Arranger
& Bookrunner
Germany
October 2010
Italy
September 2010
Austria
April 2010
Switzerland
September 2010
This advertisement has been issued by UniCredit Bank AG, a member of the UniCredit group of companies. UniCredit Bank AG is regulated by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

10
MARKETS
Awards in 2010
Capital Markets
• The Banker Deal of the Year Award: Roche USD 30.8 bn
bond issue
• “emeafinance Achievement Awards 2009”:
• Best EMEA IPO for PGE Group’s EUR 1.4 bn IPO
• Best EMEA Secondary Offering for PKO Bank Polski’s
USD 1.8 bn Rights Issue
• Euromoney Awards for Excellence:
• Best Equity House in CEE
• Best Equity House in Poland
• Best Investment Bank in Croatia
• Euroweek Bond Awards: Poland bond awarded best
sovereign issuer
• IFR: Euro Bond of the Year – UniCredit's perpetual hybrid
tier one
Rates
• Best Fixed Income Trading House awarded by Securities
Lending Times Awards 2010
• GSL Securities Lending Industry Awards:
• Best Fixed Income Trading House
(Single Location Borrower)
Equities
• Deutsches Risk – Risk Rankings:
• #3 Overall results
• #1 Equity Derivatives overall
• #1 ETFs
• 10th anniversary as leading ETF market maker at London
Stock Exchange and Deutsche Börse
• 4 x Global ISF Equity Lending Awards: Overall Winner
and Winner in the categories EMEA, Americas.
Borrower – 2nd place
Leading Positions in 2010 (1 Jan –31 Dec 2010)
• #3 Bookrunner for all Eurobond issues globally in
2010, source: Bloomberg, as of 31 December 2010
• #1 Lead Manager of municipal, city, state, province
issues in EUR by volume, source: IFR (Thomson
Financial) as of 31 December 2010
• #2 Lead Manager of all covered bonds in EUR by
volume and no. of issues, source: Dealogic as of
31 December 2010
• #2 Bookrunner High Yield bonds in home markets by
volume and no. of issues, source: Bloomberg as of
31 December 2010
• #1 Lead Manager of all EUR 500-plus mn covered
bonds (“Jumbolina”) by volume and no. of issues,
source: Dealogic (custom made scorecard league
table)
• #1 ECM House in Emerging Europe (excluding Russia)
in terms of no. of transactions and #2 in terms of
volume, source: Dealogic as of 31 December 2010
• #1 Bookrunner ECM transactions in Italy by
volume (excluding EQL), source: Dealogic as of
31 December 2010
• #1 Bookrunner ECM transactions in Turkey by
volume (including EQL), source: Dealogic as of
31 December 2010
• #2 Bookrunner ECM transactions in Poland by
volume (including EQL), source: Dealogic as of
31 December 2010
• #4 Bookrunner ECM transactions in Germany by
no. of transactions

11
Debt Capital Markets – Selected Transactions in 2010
Lottomatica
Edison
GE
Renault
Novomatic
Alstom
EUR 500,000,000
5.375% due 2018
Iss. Rating Baa3/BBB-
Joint Bookrunner
November 2010
EUR 600,000,000
3.875% due 2017
Iss. Rating Baa3/BBB
Joint Bookrunner
November 2010
EUR 1,250,000,000
2.875% due 2014
Iss. Rating Aa2/AA+
Joint Bookrunner
October 2010
EUR 700,000,000
4.000% due 2016
Iss. Rating Baa2/BBB-
Joint Bookrunner
October 2010
EUR 150,000,000
5.000% due 2017
Non-rated
Joint Bookrunner
October 2010
EUR 500,000,000
2.875% due 2015
EUR 500,000,000
3.625% due 2018
Iss. Rating Baa1/BBB+
Joint Bookrunner
September 2010
Rheinmetall
Atlantia
Deutsche Telekom
ENI
CEZ
MOL
EUR 500,000,000
4.000% due 2017
Iss. Rating Baa3
EUR 1,000,000,000
3.375% due 2017
Iss. Rating A3/A-/A-
EUR 1,2500,000,000
4.250% due 2022
Iss. R. Baa1/BBB+
EUR 1,000,000,000
4.000% due 2020
Iss. Rating Aa2/A+
EUR 750,000,000
4.875% due 2025
Iss. Rating A2/A-
EUR 750,000,000
5.875% due 2017
Iss. Rating BB+/BBB-
Joint Bookrunner
September 2010
Joint Bookrunner
September 2010
Joint Bookrunner
July 2010
Joint Bookrunner
June 2010
Joint Bookrunner
April 2010
Joint Bookrunner
April 2010
Sunrise
Continental
Heidelberger Zement
Credit Suisse
Nordea Bank Finland
RBS
EUR 371,000,000
7.000% due 2017
EUR 561,000,000
8.500% due 2018
Iss. Rating Ba3/BB
Joint Bookrunner
October 2010
EUR 625,000,000
6.500% due 2016
EUR 625,000,000
7.125% due 2018
Iss. Rating B1/B
Joint Bookrunner
September 2010
EUR 750,000,000
7.500% due 2020
EUR 650,000,000
6.500% due 2015
Iss. Rating B1/BB-
Joint Bookrunner
January 2010
EUR 1,250,000,000
2.625% due 2015
Swiss
Covered Bond
Joint Bookrunner
November 2010
EUR 2,000,000,000
2.250% due 2015
Finnish
Covered Bond
Joint Bookrunner
November 2010
EUR 2,000,000,000
3.875% due 2020
UK
Covered Bond
Joint Bookrunner
October 2010
SEB AB
Banco Popular
Espanol
ABN AMRO
Danske Bank
DnB NOR
Boligkreditt
HSBC Covered Bonds
(France)
EUR 1,000,000,000
2.625% due 2017
Swedish
Covered Bond
Joint Bookrunner
October 2010
EUR 1,750,000,000
4.250% due 2015
Cédulas
Hipotecarias
Joint Bookrunner
September 2010
EUR 1,500,000,000
3.625% due 2020
Dutch
Covered Bond
Joint Bookrunner
June 2010
EUR 1,250,000,000
3.500% due 2018
Danish Covered
Bond
Joint Bookrunner
April 2010
EUR 2,000,000,000
2.750% due 2015
Norwegian Covered
Bond
Joint Bookrunner
April 2010
EUR 1,500,000,000
3.375% due 2017
French Regulated
Covered Bond
Joint Bookrunner
January 2010
UBI
Banca Carige
Erste Bank
Lloyds Bank
Republic of Italy
Slovak Republic
EUR 500,000,000
3.125% due 2015
Obbligazioni
Bancarie Garantite
Joint Bookrunner
October 2010
EUR 500,000,000
2.375% due 2013
Obbligazione
Bancarie Garantite
Joint Bookrunner
September 2010
EUR 750,000,000
1.625% due 2013
Hypothekenpfandbrief
Joint Bookrunner
September 2010
EUR 750,000,000
4.000% due 2018
UK Covered Bond
Joint Bookrunner
June 2010
EUR 5,100,000,000
FRN due 2017
Joint Bookrunner
October 2010
EUR 2,000,000,000
4.350% due 2025
Joint Bookrunner
October 2010
Republic of Poland
European Investment
Bank
Republic of Poland
EUR 1,000,000,000
4.000% due 2021
EUR 3,000,000,000
4.000% due 2030
EUR 3,000,000,000
5.250% due 2025
Joint Bookrunner
September 2010
Joint Bookrunner
April 2010
Joint Bookrunner
January 2010

12
Equity Capital Markets – Selected Transactions in 2010
Q-Cells SE
Sky Deutschland AG
HeidelbergCement AG
Assicurazioni
Generali SpA
Enel Green Power SpA
TAURON
Polska Energia SA
EUR 128,700,000
EUR 127,600,000
Rights Issue
Convertible Bond
Joint Bookrunner
Germany, 2010
EUR 177,400,000
Rights Issue
Joint Bookrunner
Germany, 2010
EUR 190,400,000
ABB Secondary
Joint Bookrunner
Germany, 2010
EUR 795,500,000
ABB Secondary
Sole Bookrunner
Italy, 2010
EUR 2,466,000,000
IPO
Joint Bookrunner
Italy, 2010
EUR 981,100,000
IPO
Joint Bookrunner
Poland, 2010
Polska Grupa
Energetyczna SA
Cyfrowy Polsat SA
ENEA SA
United Company
Rusal Ltd.
Emlak Konut GYO AS
Milkiland N.V.
EUR 1,004,900,000
ABB Secondary
EUR 30,500,000
ABB Secondary
EUR 278,000,000
Secondary Placement
EUR 1,582,800,000
IPO
EUR 538,000,000
IPO
EUR 53,200,000
IPO
Joint Bookrunner
Poland, 2010
Sole Bookrunner
Poland, 2010
Joint Bookrunner
Poland, 2010
Joint Lead Manager
Russia, 2010
Sole Intern. Bookrunner
Turkey, 2010
Sole Bookrunner
Ukraine, 2010
Selected Structured Capital Markets and Structured Equity Transactions in 2010
ABS Buy Back
Leone Arancio Finance
Yapi Kredi DPR
Finance Company
Geldilux-TS-2010 S.A.
Lukoil
EUR 5,291,050,000
Buy Back
UniCredit Group ABS
Note
Sole Dealer
2010
EUR 4,508,550,000
Residential Mortage
Backed Securities
due 2070
Sole Arranger %
Sole Lead Manager
2010
EUR 222,000,000
USD 235,000,000
Exchange Offer
Dealer Manager, Offeror
& Sole Settlement Agent
2010
EUR 606,900,000
True Sale of Euroloans
Arranger, Bookrunner,
Lead Manager, Originator
& Servicer
Germany, Sep 2010
USD 2,380,000,000
Structured Equity
Transaction
Arranger
Russia, Sep 2010

13
Retail Products
Awards in 2010
• Structured Products Award 2010:
Special Award "Best in Germany"
• Deutsches Risk Rankings 2010:
• #1 Structured Products overall
• #1 Barrier Structures
• #1 Cross-Asset Structures
• #1 Single Stock Options
• #1 Equity Index Options Dax
• #1 Equity Index Options Euro STOXX
• #1 Equity Index Options S&P 500
• #2 Correlation Structures
• #3 Derivatives and Risk Management Advisory
• #3 ATR Structures
• #3 Exotic Equity Options
• Italian Certificates Awards 2010:
• #1 Certificates without capital protection
• #2 Certificates with capital protection
• Certificates Awards Germany 2010:
• #1 "Renditeoptimierung Spezial"
• #2 "Partizipation Aktien-Indizes"
• Certificates Awards Austria 2010:
#1 Certificate House of the Year – Audience Award
• Scope Awards 2010:
Special Award "Transparency"
• FOCUS-MONEY Germany Zertifikate Award 2010:
#1 Express Certificates
Highlights and Market Share
• 28% on SeDeX (Borsa Italiana) in warrants and
certificates 2010 (Source: Borsa Italiana)
• Bonds structured and distributed in 2010 in Italy –
EUR 12.126 bn (Source: UniCredit)
• 5% on Listed Warrants on NYSE-Euronext Paris
(as of January 2011; source : NYSE-Euronext)
• Retail Products Germany (Q3 2010, source DDV):
• #5 overall market share by market volume – 10.56%
• Market Share single product categories:
• #1 reverse convertible bonds – 26.97%
• #1 outperformance-/sprint certificates – 35.80%
• #2 capital protection products –14.34%
• #3 express certificates – 15.67%
• #3 bonus certificates – 12.70%
• #4 index-/participations-certificates – 10.84%
• #4 structured bonds – 6.58%

COMMITMENT,
THE UNICREDIT
WAY.
UniCredit is at the heart of sustainability in Europe. As the market leader in Germany, our wealth of experience and
proven expertise delivers a competitive edge in emissions trading. Our pioneering partnership approach is ideally suited
to advising and supporting companies on the best way forward to a more sustainable future.
n
n
Tailored strategies for emissions trading and their implementation
Expert risk management including the hedging of energy commodity risks
and investment strategy
n
n
Proven strength of a leading bank in CO2 emissions trading
Reach and support of one of Europe’s largest networks
Visit us at the
Carbon Expo in
Cologne, 26th -
28th May 2010,
Stand C-60.
Heiko Siemann – Heiko.Siemann@unicreditgroup.de +49 89 378 14470
Dr. Sanjoy Dutta – Sanjoy.Dutta@unicreditgroup.de +49 89 378 13818
Roman Richter – Roman.Richter@unicreditgroup.de +49 89 378 11350
This advertisement has been issued by UniCredit Bank AG, a member of the UniCredit group of companies. It is incorporated in Germany with limited liability.

15
GLOBAL TRANSACTION BANKING
Awards and Leading Positions (Selection)
Trade & Export Finance, Supply Chain Finance,
Transactional Sales
• Best Trade Bank in CEE & CIS 2010 (Trade Finance)
• Best Forfaiting Institution 2010 (Trade Finance)
• Best Trade Finance Provider Poland, Austria, Ukraine,
Kazakhstan and CEE 2010 (Global Finance)
• Best Trade Finance Provider Poland, Austria, Ukraine
and CEE 2011 (Global Finance)
• Best Supply Chain Finance Provider in CEE 2010
(Global Finance)
• Trade Finance Poll Euromoney 2011
• #1 Best Relationship Management
• #1 Trade Finance Provider in Italy 2011
• #3 Trade Finance Provider in Western Europe 2011
• #5 Trade Finance Provider globally 2011
• Best Trade Finance Bank in Eastern Europe 2010 (GTR)
• Best Trade & Supply Chain Finance Bank Europe
(Financial-i)
• Best Bank in Eastern Europe in “Financial Supply
Chain” (tmi Awards for Innovation & Excellence)
• Trade & Forfaiting Review Awards 2010:
• Best Forfaiting Institution
• Best Trade Services Provider
• Best Trade Finance Bank in Eastern Europe,
including Russia and the CIS
Cash Management
• Euromoney Cash Management Poll 2010:
• #1 Cash Management House in Austria, Bulgaria,
Croatia, Slovakia
• #4 Cash Management House Globally
• Best Overall Bank for Cash Management in CEE 2010
(Global Finance)
• Best Bank for Liquidity Management CEE 2010
(Global Finance)
• Best Bank for Payments & Collections in Austria,
Poland and CEE 2010 (Global Finance)

16
Global Securities Services
• Best Sub-Custodian Bank in CEE 2010
(Global Finance)
• Best Investor Services in Central and Eastern Europe –
Awards for Excellence (Euromoney)
• Top rated Agent Bank in CEE
(Global Investor)
• #1 Provider in CEE (Global Custodian)
• Global Custodian Agent Banks Study 2010:
• Top rated in Hungary and Poland by leading clients:
• Top rated in Bosnia, Bulgaria, Kazakhstan, Poland,
Russia, Ukraine by cross-border non-affiliate clients
• Top rated in Bulgaria, Croatia, Hungary, Kazakhstan,
Russia and Ukraine by domestic clients
Cash Management – Selected Transactions in 2010
KWS Group
Linde Group
Porsche Holding
Roche
Roche
Boehringer Ingelheim
Cash Pooling Solution
in CEE
Won RFP for Cash
Management Solution
in eight CEE countries
First cross-border
USD-Cash Pooling
between Hungary
and Germany
EuropeanGate
implementation
HU + CZ
Domestic Cash Pooling
inc. local intraday limits
activated in LT, LV, EE
Target Balancing
implementation Baltics
Germany, 2009
Germany, 2010
Germany, 2010
Germany, 2010
Germany, 2010
Germany, 2010
Bayer
ISS
TÜV Rheinland
TÜV Sued
TÜV Sued
VW Group
Implementation SWIFT
Connectivity Romania
First customer live with
Zero Balancing with
Nordea Finland
MT940 Collection for
all UCI Accounts
Implementation
Account Opening
in 8 CEE countries
Win RFP for Germany
Win RFP for whole
business of Scoda S.A.
Germany, 2010
Germany, 2010
Germany, 2010
Germany, 2010
Germany, 2010
Germany, 2010
NOKIA/NSN
Daimler
Dräxlmaier
E-Plus
Schaeffler Group
HELLA KGaA
Hueck & Co
Going live with
SWIFTNet for
Corporates access
Germany, 2010
Implementations of
SWIFTNet in Germany
Germany, 2010
Opening new account
in London and
set-up Zero Balancing
in EUR and GBP
Germany, 2010
Winning of approx. 8 Mio.
direct debits p.a. for
Germany with annual
flat fee of TEUR 63
Germany, 2010
Opening new account
in Ukraine and new
accounts in Italy, won
business from other
Italian banks
Germany, 2010
Opening new accounts
in B+H, CZ, HU, RO,
SCR, SI, SK, TR
& Germany
Germany, 2010
HELLA KGaA
Hueck & Co
HELLA KGaA
Hueck & Co
MELITTA Beratungsund
Verwaltungs
GmbH & Co KG
KIK Textilien
und Non-Food GmbH
Miele & Cie. KG
Miele & Cie. KG
Local pooling in CZ + SK,
EUR cross border pooling
AT, CZ, SI, SK(2),
(Master in Germany)
Germany, 2010
HELLA group wide
EUR payments within
UCG (CZ, SK, SI,) won
from 3rd bank to UCG
Germany, 2010
NEW eBANKING
Enterprise Edition – eB
platform for MELITTA
Group in Germany
Germany, 2010
European Gate for
Czech Republic
Germany, 2010
EUR Cross border pooling
structure with (AT (2),
IT, SI, SK,), BE (KBC);
master-account
in Germany
Germany, 2010
EUR incoming payment
traffic in Germany
Germany, 2010

17
Trade & Export Finance, Supply Chain Finance, Transactional Sales – Selected Transactions in 2010
Royal Bank of Canada
Clearing conditions for
Canadian Dollars –
Agreement
CAD Clearer
Canada, Apr 2010
Renault
EUR 35,000,000
Transaction between
Renault S.A.S., France
and OAO Avtoframos,
Russia using UniCredit’s
Trade Purchase
France, Jul 2010
Large German
Corporate
EUR 46,000,000
Revolving L/C – max amount
EUR 335 mn
UniCredit AG was mandated
from National Commercial
Bank, Tripoli with the issuance
of 18 performance bonds
(EUR 50,3 mn) relating to
the Service contract for the
power plants in Libya
Germany, Dec 2010
Home-improvement
Segment
Undisclosed Logo
EUR 15,000,000
Supply Chain Finance
transaction
Germany, May 2010
Automotive Segment
Undisclosed Logo
EUR 70,000,000
Supply Chain Finance
transaction
Germany, Apr 2010
HSBC London
Clearing conditions for
Sterling – Agreement
Sterling Clearer
Great Britain, Apr 2010
Metro
Nomos Bank
Promsvyazbank
Vnesheconombank
Banco Popular
Ericsson
EUR 35,000,000
Supply Chain Finance
transaction – CEE
Hungary/Turkey,
Jun 2010
USD 100,000,000
Syndicated Club Loan
Facility
MLA
Russia, Aug 2010
USD 250,000,000
EBRD A/B
Loan Facility
MLA
Russia, Jun 2010
USD 750,000,000
EUR 100,000,000
Syndicated Term Loan
Facility
Bookrunner & MLA
Russia, Jan 2010
UniCredit Bank Hungary
chosen as
HUF clearing partner
HUF Clearer
Spain, Jun 2010
USD 176,000,000
EKN covered buyer’s
credit, counterpart is
OJSC VimpelCom Russia
Sweden/Russia, Jan 2010
Bank Akbank
BASF SE EMI
Regions Bank
Goldman Sachs
EUR 35,000,000
Syndicated Term Loan
USD 55,000,000
Stand-by Letter of Credit
UniCredit Bank Hungary
chosen as
HUF clearing partner
UniCredit Bank Russia
chosen as
RUB clearing partner
MLA
Turkey, Apr 2010
UK, Mar 2010
HUF Clearer
United States, Jun 2010
RUB Clearer
United States, Jun 2010
Structured Trade & Export Finance (STEF) – Selected Transactions in 2010
Glencore
Louis Dreyfus
Trafigura
Trafigura/Cormin
Mercuria
Gunvor
USD 500,000,000
Committed Bond Facility
USD 600,000,000
US Commercial Paper
Programme
USD 2,325,000,000
Multicurrency Syndicated
Revolving Credit Facility
USD 613,500,000
Borrowing Base Facility
USD 1,250,000,000
Multicurrency Credit
Facility
USD 1,060,000,000
Revolving Credit Facility
Arranger
November 2010
November 2010
Mandated Lead Arranger
March 2010
Lender
December 2010
Lead Arranger
June 2010
Lead Arranger
June 2010
Stemcor
Vitol
Glencore
Ina – Croatia
Mol Group
Voith Hydroelectrica
Irdidium
Communicaition Inc
USD 562,000,000
Committed Revolving
Credit Facility
Lead Arranger
May 2010
USD 4,961,000,000
Committed Revolving
Credit Facility
Mandated Lead Arranger
October 2010
USD 10,220,000,000
Committed Revolving
Credit Facility
Lead Arranger
May 2010
USD 120,000,000
Oil import L/C
issuing and post
financing facility
Croatia, 2010
EUR 117,000,000
Export Credit Facility
Sole Lender
Romania, 2010
USD 1,800,000,000
Secured Export Credit
Facility
Lender
USA, 2010
Ljepajas Matalurgs
Mechel
EUR 85,000,000
STG Group SpA
SACE covered
Export Credit Facility
Arranger,
Sole Lender & Agent
Latvia 2010
USD 219,000,000
EUR 192,000,000
Danieli & Co. SpA
Secured Credit Facility
MLA & SACE Agent
Russia, 2010

18
LEASING
Awards
• “Italian Lessor of the Year 2010” (European Leasing Life
Awards)
Transactions in 2010 Selected NBV Market Shares (H1 2010)
UniCredit Leasing average 9.2%
Schoemer-Baumax
Group
EUR 130,000,000
Real estate projects
7 countries, 2010
Terni Energia
EUR 60,000,000
Photovoltaic energy
projects
Italy, 2010
Kia Motors
over EUR 25,000,000
Vendor Partnership
8 countries, 2010
Appointment
• Permanent delegation in the Board of Directors of
Leaseurope: The appointment of Mr. Massimiliano Moi
in the Leaseurope Board is a further acknowledgement
for UniCredit Leasing as a recognized key player of the
sector in Europe.
• #1 Bosnia Herzegovina 43.8%
• #1 Latvia 30.7%
• #1 Romania 20.0%
• #1 Italy 18.9%
• #1 Austria 12.8%
• #1 Czech Rep 15.0%
• #1 Turkey (n.r.)
• #2 Croatia 20.2%
• #2 Bulgaria 19.2%
• #2 Ukraine 8.7%
• #3 Slovakia 10.7%
• #3 Hungary 8.6%
• #4 Poland 7.0%
• #8 Germany 3.4%
• #9 Slovenia 3.7%
• #10 Serbia 5.7%

INTERNATIONAL EXPERIENCE,
LOCAL EXPERTISE.
UniCredit Leasing has the largest international leasing network in Europe, offering cross-border products
and services that aim at simplifying business for the clients – wherever opportunities take them.
As our teams and our operations have grown, we have strengthened and built upon our local expertise in
all of our markets. Through hard-won experience, we know that international excellence in leasing relies
on strong local roots and true partnerships. That is why, each day 3,000 professionals in 18 countries are
working on empowering our clients’ business ideas. www.unicreditleasing.eu

20
RESEARCH
Awards in 2010
Credit Research/Global Economics & FI/FX Research
• Euromoney Fixed Income Investors Poll 2010:
Credit Research Teams:
• #1 Covered Bonds & Pfandbriefe
• #2 Supranational & Agencies
• #3 Banks
• #3 Autos
• #4 Emerging Market Sovereigns
• #5 Sovereigns
• #5 TMT
• #5 General Industries
• #5 Utilities
• #5 High Yield
• Rybczynski Prize for the “The unbearable lightness of balance sheets: An analysis of the eurozone corporate sector” by
Loredana Federico, Davide Stroppa and Marco Annunziata (Society of Business Economists)
Equity Research
• Thomson Reuters 2010 Starmine Analyst Awards
• #1 Stock Picker Real Estate: Alexander Hodosi
• #2 Estimator Healthcare: Silke Stegemann
• #3 Estimator Chemicals: Andreas Heine
• Thomson Reuters StarMine Top-ranked Brokers for 2010
(based on period from Oct 2009 through 30 Sep 2010)
• #2 DAX Recommendations
• #3 MDAX Earnings Forecasts
• #3 TecDAX Earnings Forecasts
• #4 MDAX Recommendations
• #4 SDAX Earnings Forecasts
• Börsen-Zeitung “AktienAnalystenAward” (equity analyst award) 2010:
• #1 category “Best Research House”
• #1 category “Best Recommendations for Small/Mid Caps”
• #3 category “Best Accuracy of Earnings Estimates for Small/Mid Caps”
• Winner “Continuity Prize”
• Category Best Recommendations by Sector – Small/Mid Caps
• #1 “Automotive”
• #1 “Media”
• #2 “Consumer products”
• #3 “Construction”
• Category Best Recommendations by Sector – Large Caps (absolute)
• #1 “Banks”
• #1 “Technology”
• #3 “Financial Services”
• #3 in Institutional Investor All-Europe Survey for Italy

credit
where
it’s due.
Following our success in 2009, our impressive rankings in the Euromoney Fixed Income Investors Poll
2010 demonstrate how we continue to deliver a sharper, independent perspective that adds value and
understanding in rapidly changing markets.
Credit Research Teams
• Covered Bonds & Pfandbriefe
• Supranational & Agencies
• Banks
• Autos
• Emerging Market Sovereigns*
• Sovereigns**
• TMT
• General Industries
• Utilities
• High Yield
Ranking 1st
Ranking 2nd
Ranking 3rd
Ranking 3rd
Ranking 4th
Ranking 5th
Ranking 5th
Ranking 5th
Ranking 5th
Ranking 5th
Credit Research Team – globalcreditresearch@unicreditgroup.de
This advertisement has been issued by UniCredit Bank AG, a member of the UniCredit group of companies. UniCredit Bank AG is regulated by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).
*EEMA FI/FX Strategy. **Global FI/FX Strategy.