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Seat: Munich · List of board members · Name: IPG Investment Partners Group Wertpapierhandelsbank AG · Company statute Hrb29 Oct 2008 German Trade Register Announcements, Germany (23/10/2008)

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Gebhard & Co. Wertpapierhandelsbank AG, Gräfelfing (Ungenannte Str. ??, 80335 München, Germany). The Annual General Meeting of August 18, 2008 decided to create two new Conditional Capitals and to amend Sections 1 (Company and Headquarters) and 3 (Share Capital) of the Articles of Association. New company: IPG Investment Partners Group Wertpapierhandelsbank AG. New seat: Munich. The share capital of the company is conditionally increased by EUR 500,000.00 by resolution of the Annual General Meeting on August 18, 2008 (Conditional Capital 2008/I). The share capital of the company is conditionally increased by EUR 395,000.00 by resolution of the Annual General Meeting on August 18, 2008 (Conditional Capital 2008/II). Unregistered: A list of the members of the Supervisory Board was filed with the Munich District Court -Register Court, Section 106 AktG.

This filing was translated from German to English. The filing refers to a past date, and does not necessarily reflect the current state. The current state is available on the following page: IPG Investment Partners Group AG, Munich, Germany.

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