September 2008

CUSTODY 2008: BNP Paribas Directory

BNP PARIBAS
BNP Paribas Securities Services S.A.
66 Rue de la Victoire, 75009 Paris, France
Tel: +33 (0)1 42 98 10 00
Fax: +33 (0)1 42 98 13 42
Web: http://securities-services.bnpparibas.com

Senior executives:
Jacques-Philippe Marson (Paris), Chief Executive Officer
Charles Cock (Paris), Head of Coverage and Client Solutions
Michel Laurent (Paris), Head of Global Network and Strategy

Country of origin: France
Operating in Europe: 75 years

Business Split:: n/d
Parent’s other main business lines:
                       Retail Banking                     
                       Corporate and Investment Banking                      
                       Asset Management and Services 
                       Insurance

European subcustody arrangements:
AUT    BNP Paribas Securities Services S.A.
BEL    BNP Paribas Securities Services S.A.
BUL    Bank Austria Creditanstalt AG
CRO   Bank Austria Creditanstalt AG
CYP    BNP Paribas Securities Services S.A.
CZE    UniCredit Bank Czech Republic A.S.
DEN   Nordea Bank Danmark A/S
EST    Bank Austria Creditanstalt AG
FIN      Svenska Handelsbanken, Helsinki
FRA    BNP Paribas Securities Services S.A.
GER   BNP Paribas Securities Services S.A.
GRE   BNP Paribas Securities Services S.A.
GUE   BNP Paribas Securities Services S.A.
HUN   BNP Paribas Securities Services S.A.
ISL      Glitnirbanki HF, Reijkavik
IRL      BNP Paribas Securities Services S.A.
ITA      BNP Paribas Securities Services S.A.
JER    BNP Paribas Securities Services S.A.
LAT     Bank Austria Creditanstalt AG
LTU    Bank Austria Creditanstalt AG
LUX    BNP Paribas Securities Services S.A.
NED   BNP Paribas Securities Services S.A.
NOR   Nordea Bank, Oslo
POL    BNP Paribas Securities Services S.A.
POR   BNP Paribas Securities Services S.A.
ROM   Bank Austria Creditanstalt AG
SVK    Bank Austria Creditanstalt AG
SLO    Bank Austria Creditanstalt AG
SPA    BNP Paribas Securities Services S.A.
SWE   Skandinaviska Enskilda Banken
SWI     BNP Paribas Securities Services S.A.
UK      BNP Paribas Securities Services S.A.

Domestic markets that are strategically important in the near future
                       UK Offshore markets (Jersey, Guernsey, IoM)
                       Poland
                       Hungary

Services offered in addition to Custody
                       Securities lending
                       Equity finance
                       Cash management
                       Collateral management
                       Prime brokerage
                       Tax reclamation
                       Commission recapture
                       Performance attribution
                       Proxy voting
                       Compliance monitoring
                       Fund admin services
                       Transfer agency
                       Distribution support
                       Transition management

©2008 Funds Europe