1. 2008 RESULTS 12 Feb 2009 PRESS CONFERENCE

2. 2 2008: Another satisfactory year in a troubled environment 2008 RESULTS

3. 3 I.Activity: BRD has continued its development in 2008 and shown a strong resilience II.General expenses : in spite of important investments, they have been well controlled and even frozen in the middle of the year III.Risks: the net cost of risk is one of the lowest of the banking system IV.Performances: Stay at high level in spite of the difficult environment BRD Stock price suffers from the financial crisis due to the very low volume of the stock market AGENDA

4. 4 An expanding clientele CLIENTS Activity Individual Clients (*) (x 1 000) Corporate Clients (*) (x 1 000) (*) Clients having performed transactions during the past three months

5. 5 Network: maintaining the expansion… NETWORK Activity 751 branches opened since June 2003. Mainly next door banking: small customer oriented units (BRD Express). Number of branches (end of period) +114 +274 +124 +206 In 2008 expansion continued but at lower pace and 2009 will mark a pause in the development. BRD Express

6. 6 Activity 806 agencies at the end of 2007 + 124 agencies opened in 2008 NETWORK … and covering all areas with growth potential 44 + 9 32 + 7 69 + 1 32 + 2 32 +3 32 + 12 44 + 4 109 + 20 28+ 2 57 + 14 35 + 2 38 + 2 34 + 3 50 + 2 82 + 8 59 + 18 29 + 15 VALAHIA

7. 7 Continuation of growth in spite of the crisis DEPOSITS / LOANS Activity Loans to customers (BRD consolidated) (end of year, MRON) Individuals 48% Corporates 52% Customers’ deposits (BRD consolidated) (end of year, MRON) Individuals 46% Corporates 54% + 37% + 6% + 44% +27%

8. 8 TOTAL COMMITMENTS Activity A continuous and powerful contribution to the economic activity Individuals 17.4 Large corporate 8.2 Medium enterprises 10.8 Small enterprises 7.1 Total commitments = 43.5 bnRON Structure of total commitments as at 31 Dec 2008

9. 9 Consumer finance (BRD Finance): strong growth in consumer credit FOCUS ON SUBSIDIARIES Balances of loans to customers (MRON) Maintaining good results in a highly competitive market Activity Strong growth in balances +129 MRON (+21% vs. 31 Dec 2007).

10. 10 Activity Leasing (BRD Sogelease) – vendor and equipment finance FOCUS ON SUBSIDIARIES Customer balances (MRON)  A strong growth since inception  A key player in corporate asset financing (3rd rank among leasing bank affiliates) x 3.4 +32%  A well balanced portfolio

11. 11 Operational vehicle leasing and fleet management (ALD) FOCUS ON SUBSIDIARIES Still an emerging business in Romania, servicing both SME’s and large corporates Activity Vehicles under management (number) Corporate clients (number) A good start (July 2005), leveraging on ALD International – member of SG Group – expertise (2 nd European player) Fleet under management +2,212 vehicles in one year (+85%)

12. 12 NET BANKING INCOME Activity Solid increase in revenues Net banking income (BRD consolidated) MRON) Commissions Interest margin FX and others Net banking income +27% vs. 2007 Interest margin +21% vs. 2007 Commissions +31% vs. 2007 FX and others +38% vs. 2007 Commisions contributed with 41% to 2008 NBI 2008 NBI from Corporates customers 46% in total NBI, from individuals 38% 2008 - Exceptional result from Asiban not included

13. 13 I.Activity: BRD has continued its development in 2008 and shown a strong resilience II.General expenses : in spite of important investments, they have been well controlled and even frozen in the middle of the year III.Risks: the net cost of risk is one of the lowest of the banking system IV.Performances: Stay at high level in spite of the difficult environment BRD Stock price suffers from the financial crisis due to the very low volume of the stock market AGENDA

14. 14 EXPENSES General expenses Pursuing a strong investment effort Investments (MEUR) Real estate IT Other 20 19 25

15. 15 General expenses EMPLOYEES Employees (end of year - consolidated) Pursuing the recruitment effort but at slower pace and a strict management of administrative expenses +954

16. 16 GROSS OPERATING INCOME Low cost/income ratio despite ongoing commercial investment Accelerated growth of Gross Operating Income 2008: Maintaining a high increase in revenues Gross Operating Income (BRD consolidated) (MRON) Operating ratio 2008 - Exceptional result from Asiban not included

17. 17 AGENDA I.Activity: BRD has continued its development in 2008 and shown a strong resilience II.General expenses : in spite of important investments, they have been well controlled and even frozen in the middle of the year III.Risks: the net cost of risk is one of the lowest of the banking system IV.Performances: Stay at high level in spite of the difficult environment BRD Stock price suffers from the financial crisis due to the very low volume of the stock market

18. 18 Limited increase of the cost of credit risk COST OF RISK Risks  From the Net Cost of Risk of 2008 16 b.p. represents “regulatory impact”  The BRD’s credit risk rate is lower than the banking system :  On balance sheet: 3.86% (6.52% total banking system)  On and off balance sheet: 4.18% (7.67% total banking system) Net Cost of Commercial Risk/Commitments (BRD consolidated) Total Loans (bnRON)

19. 19 I.Activity: BRD has continued its development in 2008 and shown a strong resilience II.General expenses : in spite of important investments, they have been well controlled and even frozen in the middle of the year III.Risks: the net cost of risk is one of the lowest of the banking system IV.Performances: Stay at high level in spite of the difficult environment BRD Stock price suffers from the financial crisis due to the very low volume of the stock market AGENDA

20. 20 PROFIT AND LOSS ACCOUNT Performances 2008: Another satisfactory year in a troubled environment (*) BRD + BRD Sogelease + BRD Finance + BRD Securities

21. 21 Performances RETURN ON EQUITY Financial strength and strong recurrent profitability BRD + BRD Sogelease + BRD Finance + BRD Securities Equity – 95% increase over the last two years, due to the excellent increase in net profit (+66% vs. 31 Dec 2006). Total B/S as of 31 December 2008 : 51.4 bnRON

22. 22 BRD share price above BET index STOCKMARKET PRICE Performances - Stock price Evolution on the Stock Exchange average price (area 2008 – the 100 basis in 2001) BET RON BRD RON Market capitalisation at 09.02.2009 = 928 MEUR Market capitalisation at 09.02.2009 = 928 MEUR *01.01 – 06.02.2009

23. 23 2008 MRON nominal Net banking income 3,199 27% Operating profit 1,841 31% Net consolidated profit (*) 1,138 22% Net profit (BRD stand alone) 1,127 48% (*) BRD + BRD Sogelease + BRD Finance+ BRD Securities Evolution 08/07 2008: Another satisfactory year in a troubled environment 2008 RESULTS Net consolidated profit with Asiban Net profit with Asiban (BRD stand alone) 1,364 1,353 46% 23%