Jiří Kunert - CEO

1. UniBanka Jiří Kunert - CEO 2nd UCI INVESTOR DAY Focus on New Europe London, December 5th, 2002

2. AGENDA Slovakia: Key Highlights UniBanka: Key Figures Key projects and strategies Zivnostenska Banka

3. THE ECONOMIC PORTRAIT OF SLOVAKIA Slovakia • Slovakia: an OECD member and has been invited to join NATO and EU in 2004 • Political stability has been achieved, with a market-friendly and stable government Year 2001 Population, mln 5.4 4,133 Per Capita GDP, Eur • Growing profitability of corporate sector driven by advancements in restructuring and by higher inflow of FDI • Low per capita income reflecting low labour costs • Highly open economy dependent on international development 7.1 Inflation rate, % 7.6 Ref. interest rate, % BBB- S&P country rating • Investments and exports are the main drivers of growth 2002E 2003E 2004E • Historically low inflation achieved through control of administrated prices,with liberalisation expected starting from 2003 3.9 4.1 3.8 Real GDP growth, % 3.4 8.4 5.9 Inflation rate, % • Interest rates are decreasing to withstand appreciation of the currency 7.7 6.3 6.0 Ref. interest rate Source: UniBanka estimates

4. BANKING SECTOR IN SLOVAKIA SHOWS SIGNIFICANT IMPROVEMENTS AFTER RESTRUCTURING AND PRIVATISATION Branches per mln inhabitants (Loans+Deposits)/GDP • Relatively high level of banking penetration (almost 95%) compared to CEE region 203% 580 • Over 90% of banking sector controlled by foreign banking groups 103% 192 • High concentration – TOP 3 banks having over 50% of assets and 60% of sector deposits EU EU Slovakia Slovakia • Loans growth revival after period of credit-crunch in 98-00 2001 2002E 2003E 2004E • High deposits growth partially distorted due to privatisation proceeds inflow Loans growth, %* 8.6 9.6 9.3 9.8 Deposits growth, % 11.3 10.9 12.4 13.0 • External interest rates highly dependent on central bank policy Rate on Loans(1), % 9.8 9.1 8.1 7.4 Rate on Dep.(1), % 4.8 4.1 3.3 3.0 • Slimming of margins reflecting high competition on loans market Spread (1), % 5.0 5.0 4.8 4.4 (1) End-of-period average Banking System data; growth calculated in local currency, * net of restructuring process Source: UniBanka estimates

5. AGENDA Slovakia: Key Highlights UniBanka: Key Figures Key projects and strategies Zivnostenska Banka

6. UNIBANKA: THE MID-SIZED BANK IN SLOVAKIA Slovakia Euro mln, consolid. figures as at Sep 02, IAS Total Assets 772.6 Deposits 594.6 Loans 397.3 Deposits/loans 149.7% Total Revenues 30.5 Net Income 3.54 10 Branches 52 Sub-branches Branches 62 Employees 921 Customers 109,000 o/w retail+SME 104,000 o/w corporate 5,000 Cost/income 67.6% ROE 10.6% Deposits Mkt Share 3.3% Loans Mkt Share 5.9% • UniBanka is the 4th bank in Slovakia as for distribution, offering a high growth potential especially in SMEs, Affluent and Private segments • Strong position in corporate funding with 8% market share • Variety of highly competitive products’ offer for both retail and corporate segments

7. 9M02 UNIBANKA RESULTS: IMPROVING NET INCOME (+16.4%Y/Y) THANKS TO GOOD REVENUES WELL COUNTERBALANCING RISING COSTS (Euro mln, IAS) 19.5% Net Interest Income Total Revenues* Very good increase of Net Income y/y (+16.4%) thanks to a 7.1% rise in total revenues driven by a substantial growth of NII (+19.5%) mainlydue to increased volumes (loans +23%; deposits +14.2%) and tax optimisation. NII’s growth impacted by introduction of swaps/FRAs. Other operating income decreased due to lower contribution of FX income 21.9 7.1% 18.3 30.5 28.5 9M01 9M02 9M01 9M02 Net Commissions and Fee Income Net Income Operating Costs 15.8% 1.3% 16.4% 20.6 4.8 17.8 4.7 3.5 3.1 Operating costs +15.8% y/y highly impacted by: • one-off re-branding costs (approx. Euro 1.2 mln) • investments into expansion network project • increasing deposit insurance fund fees (from 0.25% to 0.75%) • growth engineering project costs 9M01 9M02 9M01 9M02 9M01 9M02 Loan loss prov. Other Operating Income 10.3% 5.9 -30% 5.4 5.4 3.8 9M01 9M02 9M01 9M02 * Including extraordinary items

8. Deposits Major Shareholders Total Assets Net Loans 2001 2001 2001 2002 23.8% 8.9% 26.4% Erste Bank Slovenská sporiteľňa 15.1% IntesaBCI Všeobecná úverová banka 19.7% 21.2% Tatrabanka 12.3% 15.1% 12.6% Reiffeisen ZB 4.1% 7.6% KBC ČSOB 7.6% HVB Slovakia 3.6% 2.7% 6.6% Bank Austria AG UniCredito Italiano UniBanka 3.7% 5.4% 3.4% GOOD MARKET SHARE IN LOANS AMONG MID-SIZED PLAYERS

9. ASSET QUALITY UNDER CONTROL WITH CAUTIOUS COVERAGE RATIOS Doubtful* and NPLs** as % of Total Net Loans Coverage ratios 81.4% 77.9% 77.9% 76.0% 6.7% 5.7% 5.3% 5.1% 2001 2001 9M02 9M02 Net NPLs/ Total Net Loans On Gross Doubtful Loans On Gross NPLs Net Doubtful/ Total Net Loans • Careful lending policy focusing on state controlled entities (relying on state guarantees, e.g.: Railways, Electricity provider, etc.) and low risk profile foreign companies • Selective lending with conservative risk assessment • Enhancing scoring and monitoring systems % ch. on Dec.’01 Dec. 2001 9M 2002 (Euro mln) 22.7 22.4 -1.2% Net DOUBTFUL LOANS 17.8 20.1 12.9% Net NPLs * Doubtful Loans = doubtful, substandard and loss loans ** NPLs = loss loans

10. AGENDA Slovakia: Key Highlights UniBanka: Key Figures Key projects and strategies Zivnostenska Banka

11. KEY STRATEGIC PROJECTS Growth Project Engineering Human resources dept. and commercial divisions working together to identify and hire highly talented staff to be trained to develop the selling activity Network Restructuring and Expansion • Introduction of new business divisional model for branch management (with directors for retail and corporate) • Expansion of network: opening of 17 new outlets and a call centre in 2002, additional 8 new outlets and 3 private centres in 2003 Focus on Strategic Segments • Retail: Affluent, Private and SMEs as drivers of future growth (development of new service models and products) • Corporate: Focus on mid sized companies New MIS Project (Management Information System) • To support improvement of business profitability and risk management • ALM, Profitability and Credit Risk reporting available in the first months of 2003

12. AGENDA Slovakia: Key Highlights UniBanka: Key Figures Key projects and strategies Zivnostenska Banka

13. THE ECONOMIC PORTRAIT OF THE CZECH REPUBLIC Czech Republic • CzechRepublic: growing open economy benefiting from historically developed industrial base and good location in the heart of Europe close to Germany Year 2001 10.3 Population, mln 6,147 Per Capita GDP, Euro • Uninterrupted strong flows of FDI supported by a stable and strengthening local currency 4.7 Inflation rate, % • Ongoing restructuring of the economy driven by private sector and tough competition on export markets 5.2 Ref. interest rate, % • Stable unemployment A- S&P country rating • GDP growth strongly dependent on German/European economy performance 2002E 2003E 2004E • Flat/falling rate of inflation 2.5 3.7 4.0 Real GDP growth, % • Low level of interest rates (25–50 bp below Euro area)boosting: - consumerdemand - housingconstruction - corporate borrowing 1.9 2.0 2.8 Inflation rate, % 2.8 3.5 4.0 Ref. interest rate Source: Zivnostenska Banka estimates

14. ZIVNOSTENSKA BANKA: A FURTHER STEP IN UCI’S PRESENCE IN NEW EUROPE UCI SIGNED AN AGREEMENT FOR THE ACQUISITION OF 85.16% OF ZIVNOSTENSKA BANKA • 8th Czech Bank ranked on total assets (market share of 2.8%), with a leading position in the affluent and private banking segments Dec 2001 Euro mln 1,661 Total Assets • Distribution network: 8 branches and 19 agencies located in all the major towns of the country 700 Customer Loans • 800 employees, 85,000 retail customers and 2,000 corporate clients 1,235 Deposits 86 Shareholders Equity • Excellent asset quality (NPL/Gross loans at 2%) Total Revenues 33 4.5 • Close of the deal expected by end 2002 (subject to authorizations) Net Income

15. Annexes

16. UNIBANKA 9M02 CONSOLIDATED INCOME STATEMENT Ch. % Sept. 02/ Sept. 01 (Euro mln, IAS) Ch. % 2001/2000 Dec. 00 Dec. 01 Sep. 01 Sept. 02 Interest margin (incl. div.) 22.38 24.36 8.85 18.30 21.87 19.53 Net non interest income 13.99 13.56 -3.06 10.19 8.63 -15.34 36.36 37.92 4.27 28.49 30.50 7.06 Total revenues 24.82 23.49 -5.35 17.82 20.63 15.78 Operating costs (incl. dep.) 9.98 9.76 -2.17 7.34 7.94 8.22 - of which: Staff costs 11.54 14.42 24.95 10.67 9.87 -7.51 Net operating income 35.44 8.16 -76.97 5.36 5.91 10.30 Net loan loss provisions 0 0 0 0 0 0 Other provisions 0 0 0 0 0 0 Extraordinary income/loss -23.89 6.26 126.20 5.31 3.96 -25.47 Pre-tax profit/loss 2.24 2.72 21.61 2.27 0.41 -81.71 Taxes (1) -26.13 3.54 113.54 3.05 3.54 16.40 Net income 0 0 0 0 0 0 Minorities Net attributable income -26.13 3.54 113.54 3.05 3.54 16.40 (1) Statutory tax rate for legal entities: 25% (29% until the end of 2000)

17. UNIBANKA 9M02 CONSOLIDATED BALANCE SHEET Ch. % Sept. 02/ Sept. 01 Ch. % Sept. 02/ Dec. 01 (Euro mln, IAS) Sept. 01 Dec. 01 Sept. 02 109.23 213.89 71.88 -34.19 -66.39 Cash and deposits with Central Banks Loans due from: 323.03 336.81 397.29 22.99 -100.0 - Customers 0 0 0 - - ASSETS - Banks 215.58 124.18 273.22 26.73 120.02 Trading Securities 23.9 24.6 25.45 6.5 3.44 Fixed assets 3.21 7.22 4.76 48.16 -34.06 Other assets 674.96 706.71 772.61 14.47 9.32 TOTAL ASSETS AND LIABILITIES Deposits: 520.7 555.19 594.66 14.20 7.11 - Due to Customers 18.8 18.8 18.8 0 0 - Securities in issue 79.15 79.73 100.12 26.49 25.57 - Due to Banks 0 0 0 0 0 Reserve fund for possible loan losses LIABILITIES 0 0 0 0 0 Specific reserves 14.69 11.65 14.04 -4.42 20.50 Other liabilities 0 0 0 0 0 Subordinated debt 0 0 0 0 0 Minority interest 41.62 41.33 44.99 8.09 8.85 Shareholders’ equity