Hypo Alpe-Adria-Bank International AG was founded in 1896 as Landes- und Hypothekenbankanstalt. It operates as the parent company of the Hypo Group Alpe Adria. It is registered in the trade register (Firmenbuch) of Klagenfurt court under reference number FN 108415i. The company’s registered office and the Group’s headquarters are located at Alpen-Adria-Platz 1, A-9020 Klagenfurt am Wörthersee (Austria).

Hypo Group Alpe Adria is one of the leading banking groups in the Alpe Adria Region, where it operates ten banks and twelve leasing companies. The Banking Division encompasses a comprehensive line of services that includes financing, payment transactions, documentary transaction, savings, and deposit taking as well as complex investment products and asset management services. The Leasing Division sells a complete range of leasing products for vehicles, real estate, movable, cross-border, aircraft and ships leasing. Hypo Group Alpe Adria positions itself as a provider of banking as well as other services and is committed to promoting development in the Alpe Adria region. It is this close proximity to the customer that allows Hypo Group Alpe Adria to develop customised products. It also implies a clear commitment for the future. Consequently, the actions of Hypo Group Alpe Adria in each country are based on a long-term strategy and follow a clearly defined philosophy: Hypo Group Alpe Adria is a partner with a long-term vision that provides tailored, solid and transparent products. The well established cooperation across language barriers and national borders is as important for the success as the knowledge of the cultural and economical variety of the region because it creates a solid foundation for the further dynamic growth of the Group.

The Hypo Group Alpe Adria currently operates in twelve countries or regions, namely Austria, Northern Italy, Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, Southern Germany, Hungary, Bulgaria, Macedonia and the Ukraine. In banking and leasing, Hypo Group Alpe Adria now has approximately 7,500 employees at more than 380 sites, who serve over 1.3 million customers.

As of 31 December 2008, ownership of Hypo Alpe-Adria-Bank International AG was as follows:

Hypo Alpe-Adria-Bank International AG has been included as a subsidiary in the consolidated financial statements according to IFRS of BayernLB Group since 9 October 2007.

The consolidated financial statements of BayernLB are published at www.bayernlb.de. Disclosure is made to the address of Bayerische Landesbank, Brienner Straße 18, 80333 Munich (Germany) and in the electronic federal gazette (www.ebundesanzeiger.de).