Polish Association of Leasing Companies Warsaw, January 2005 Leasing Market in Poland 2004

Source: Polish Association of Leasing Companies 2 Data collected from the following 33 leasing companies: Bankowy Fundusz Leasingowy BEL Leasing BISE Atechnet BNP Paribas Lease Group BPH Leasing BRE Leasing BZ WBK Finance & Leasing Caterpillar Financial Services Poland CLiF DaimlerChrysler Services Leasing Deutsche Leasing Polska Europejski Fundusz Leasingowy Fortis Lease Polska Futura Leasing Grenkeleasing IKB Leasing Polska ING Lease (Polska) Kopex Equity Kredyt Lease LHI Leasing Polska NL Leasing Polska Noma 2 Nordea Finance Polska Pekao Leasing Raiffeisen Leasing Polska Renault Credit Polska Scania Finance Polska SG Equipment Leasing Polska Trans-Leasing TLBP Volksbank-Leasing Polska VFS Usługi Finansowe Polska Volkswagen Leasing Polska Watin Leasing & Finance

Source: Polish Association of Leasing Companies 3 Analysis by type of asset

Source: Polish Association of Leasing Companies 4 Analysis by type of asset Machinery and industrial equipment 2.Computers and business machines 3.Road transport vehicles 4.Railway, aircraft and ships 5.Others

Source: Polish Association of Leasing Companies 5 Share of leasing market (equipment) – Top ten in 2004 Total net value - PLN million

Source: Polish Association of Leasing Companies 6 Comparison of the value of particular types of leased equipment after 2003 and 2004 Market Change % Road transport vehicles ,4% Machinery ,3% IT ,4% Railway, aircraft and ships ,2% Others % Equipment ,3%

Source: Polish Association of Leasing Companies 7 Net value of equipment leased in 1997 – 2004 in million (PLN)

Source: Polish Association of Leasing Companies 8 Share of road transport vehicles leasing market – Top ten in 2004 Total net value - PLN million

Source: Polish Association of Leasing Companies 9 Net value of road transport vehicles leased in in million (PLN)

Source: Polish Association of Leasing Companies 10 Share of passenger cars leasing market – Top ten in 2004 Total net value - PLN million

Source: Polish Association of Leasing Companies 11 Net value of passenger cars leased in in million (PLN)

Source: Polish Association of Leasing Companies 12 Share of machinery and industrial equipment leasing market Top ten in Total net value - PLN million

Source: Polish Association of Leasing Companies 13 Net value of machinery and industrial equipment leased in 1997 – 2004 in million (PLN)

Source: Polish Association of Leasing Companies 14 Share of computers and business machines leasing market - Top ten in 2004 Total net value - PLN 300 million

Source: Polish Association of Leasing Companies 15 Net value of computers and business machines leased in in million (PLN)

Source: Polish Association of Leasing Companies 16 Share of real estate leasing market in 2004 Total net value - PLN million

Source: Polish Association of Leasing Companies 17 Net value of real estate leased in in million (PLN)

Source: Polish Association of Leasing Companies 18 Polish Association of Leasing Companies Witold Drożdż – Managing Director Rejtana Str.17, Warsaw Phone: (+48 22) Fax: (+48 22)