EFTA01447570

GRAB Alpha Bank AE Consensus Rating 3.95 100 Buys 59.1% 13 Holds 27.3% 6 50 Sells 13.6% 3 12M Tgt Px 17/23 0.84 0 Last Price 0.69 0.00 Return Potential 21.7% - 0,S0 LTM Return 80.2% Show In-House Data lY 2Y ill 12M Tsrt Px 484 ■ Pi ice Wuy td-lo Max -4, As of 06/26/14 x0.80 ►0,60 0,40 0,20 la Pm* Spread (TO - Px 0.15 Y - r Jun Sep Dec 2012 Mar Jun Sep Dec Mar ... Jun 2013 2014 • Recommendation Tgt ri).T:tP I 1 Yr Rtn BARB Rank Analyst I) Wood & Company Alexandros Bouloug buy U. yu OW 20/14 2) el Euroxx Securities Maria Kanellopouto ovenAteight 0.90 06/19/14 15.00% 1st :3) MI Alpha Finance Nikolaos Lianeris restricted 06/17/14 4) Natixis Alex Koagne • 0.75 06/16/14 5) I Pantel.akis Securities Paris Mantzavras 0veRveight 0.90 06/13/14 6;iji Nomura Daragh Quinn buy 0.75 06/12/14 0.20% 1) Credit Suisse Hugo Swann • neutral 0.80 06/11/14 8) Barclays Kiri Vijayarajah • overweight 0.92 06/10/14 9) I Goldman Sachs Pawel Dziedzic Buy/Neutral 0.80 06/06/14 10) J HSBC 11) el IBG Research (ESN) Tamer Sengun Konstantinos Manol overweight buy 0.87 1.10 06/06/14 06/06/14 Ea kefr 12) I Deutsche Bank Rahul Shah t buy 0.90 06/04/14 Australia 61 2 9777 8600 Brazil 5511 3048 4500 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 3201 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 Copyright 2014 Bloomberg Finance L.P. SN 622439 H622-433-3 26-Jun-14 14, 11 ,47 BST GMT+1 ,00 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 102235 SDNY_GM_00248419 EFTA01447570