FTSE MIB (Italy) & PSI-20 (Portugal)

FTSE MIB (Milano Italia Borsa)

FTSE MIB
The FTSE MIB Index is the primary benchmark index for the Italian equity market. Capturing approximately 80% of the domestic market capitalization. The FTSE MIB Index measures the performance of the 40 most liquid and capitalised Italian shares. The index is derived from the universe of stocks trading on Borsa Italianas MTA market. The FTSE MIB Index has been created to be used as a basis for the creation of ETFs, tracker funds, derivatives and structured products.

FTSE MIB
Eligibility Company should be financially viable All long term shareholders owning more than 5% of the company are taken into consideration on the IWF. The most liquid stocks, which are representative of their industry sectors are represented All stocks on the Italian stock exchange are eligible for the index. At least 30% of the company's stock should be publicly floated

Parmalat SpA
Parmalat SpA is a multinational Italian dairy and food corporation. Was founded in 1961 by Calisto Tanzi. A company with a global presence, having major operations in Europe, Latin America, North America, Australia, China and South Africa. A subsidiary of French group Lactalis. Headquarters: Collecchio, Italy Sales: 4.361 billion (2010)

 Products: milk and dairy products, fruit juice, tea These products are distributed under well-known brand names such as Lactis, Santal, Mal.

UniCredit SpA
UniCredit SpA is an Italian global banking and financial services company. This campony has 40 million customers and operations in 22 countries. Was founded in 1473 (as Credito Romagnolo), 1870 (as Banca di Genova), 1895 (as Credito Italiano) Headquarters:Rome, Italy; Milan, Italy Products:Corporate, retail and private banking, asset management, securities trading UniCredit's core markets are Italy, Austria, Russia and Southern Germany. UniCredit also has operations in Central and Eastern Europe. The UniCredit Group has investment banking divisions in London, Milan, Munich, Vienna, Moscow, Budapest and Warsaw. Sales: 26.35 billion (2010)

Fiat
Fiat S.p.A. is an Italian automobile manufacturer based in Turin. Was founded in 1899 by a group of investors, including Giovanni Agnelli. Products: Automobiles, commercial vehicles, auto parts, newspapers, production systems As of 2009, the Fiat group (not inclusive of its subsidiary Chrysler) was the world's 9th largest carmaker and the largest in Italy.

Fiat has acquired numerous other companies: Lancia in 1968, Ferrari in 1969, Alfa Romeo in 1986, Maserati in 1993.

Fiat became the majority shareholder of Chrysler, including Dodge and Jeep, in 2011. Sales:59.559 billion (2011)

Tod's Group
Tod's Group is an Italian company which produces shoes and other leather goods

Was founded in 1970 by Diego Della Valle. Headquarters: Sant'Elpidio a Mare, Italy Products: Footwear, leather goods Sales:806.4 million (2010)

PSI -20
(Portuguese

Stock Index)

PSI -20 Portuguese Stock Index

The PSI-20 is benchmark stock market index of companies that trade on Euronext Lisbon, the main stock exchange of Portugal. The index tracks the prices of the 20 listings with the largest market capitalisation and share turnover in the PSI Geral, the general stock market of the Lisbon exchange.
The PSI-20 is one of the main national indices of the panEuropean stock exchange group Euronext alongside Brussels' BEL20, Paris's CAC 40 and Amsterdam's AEX.

Official website: indices.nyx.com/en/products/indices/PTING0200002-XLIS

PSI -20 Portuguese Stock Index

The index value of the PSI-20 index is calculated using the following formula:

- t the day of calculation - N the number of constituent shares in the index (usually 20) - Qi,t the number of shares of company i on day t - Fi,t the free float factor of share i - fi,t the capping factor of share i (exactly 1 for all companies not subject to the 15% cap) - Ci,t the price of share i on day t - dt a parameter known as the index divisor.

PSI -20 Portuguese Stock Index

The PSI-20 was initiated on 31 December 1992 with a base value of 3,000 index

points. The PSI-20 reached a peak with the index's highest value to date in March 2000.
14,822

3,000

PSI -20 Portuguese Stock Index

Altri Banco Comercial Portugus Banco Esprito Santo Banco Portugus de Investimento Banif Financial Group Brisa Cimpor EDP Renovveis Energias de Portugal Galp Energia diversified industrials banks banks banks banks transportation services building materials and fixtures alternative electricity electricity integrated oil and gas 0.95 9.72 6.49 1.81 0.64 4.44 2.24 4.84 15.01 15.19

PSI -20 Portuguese Stock Index

Jernimo Martins Mota-Engil Portucel Portugal Telecom Redes Energticas Nacionais food retailers and wholesalers heavy construction paper fixed line telecommunications energy transport infrastructure 10.87 0.50 2.11 15.23 1.29

Semapa
Sonae Sonaecom Sonae Indstria ZON Multimdia

building materials and fixtures

food retailers and wholesalers mobile telecommunications building materials and fixtures broadcasting and entertainment

1.82
2.85 0.58 0.49 2.93

 Portugal Telecom (PT) is the

largest telecommunications service provider in Portugal.

Although it operates mainly in Portugal and Brazil, it has also a significant presence in Guinea-Bissau,Cape

Verde, Mozambique, Timor-Leste, Angola, Kenya,

the People's Republic of China, and So Tom and Prncipe. 1994

Headquarters: Lisbon, Portugal

Products: Fixedline & Mobile Telephony, Fixedline & Mobile Internet, Digital Television, IT Services

Profit: 5.672 billion

 telecommunications services in Portugal (46.7%):

fixed and mobile telephony services (TMN; 7.4

million subscribers at the end of 2011) and Internet access. It also provides multimedia

services (cable and satellite TV channel

broadcasting, DVD and video game publishing and marketing, film distribution, newspapers publishing, etc.); telecommunications services in Brazil (39.2%);

other (14.1%).

 The Galp Energia Group consists of more than 100 companies

engaged in activities such as natural gas supply, regasification,

transport, storage, and distribution; petroleum products exploration, production, refining, trading, logistics and retailing; co-generation and renewable energy. 1999 Headquarters: Lisbon, Portugal Products: oil and gas exploration and production, natural gas transportation and distribution, oil refining, electricity generation

Profit: 441.4 million

 refining and distribution (87%): 16.3 million tons of oil products

sold in 2011. At the end of 2011, the group operated 1,502

service stations in Portugal and Spain

production and distribution of natural gas (12.2%): 5.4 billion m3 sold in 2011

 exploration and production of crude oil (0.7%). At the end of 2011, the group's portfolio consisted of 7 blocks of holdings in Portugal, 20 blocks in Brazil, 5 blocks in Angola, 5 blocks in East Timor, 2 blocks in Venezuela, 2 blocks in Uruguay, 1 block in

Equatorial Guinea and 1 block in

Mozambique; other (0.1%): mainly production of

electrical power

 EDP - Energias de Portugal (formerly Electricidade de Portugal) ranks among Europe's major electricity operators, as well as being one of Portugal's largest business groups. It is also present in the electricity sectors of Latin America with a major presence in the United States, Brazil, Africa and Macau, in the generation, distribution and trading businesses. 1976 Headquarters: Lisbon, Portugal Products: electrical power, natural gas Profit: 1.079 billion Subsidiaries: Portgs (operating as EDP Gs), HC Energa, Naturgs(through HC Energa), EDP Energias do Brasil, EDP Distribuio, EDP Energia, EDP Renovveis (75%), Companhia de Electricidade de Macau

 production, sales and distribution of electricity: hydroelectric, thermoelectric, wind, co-generated, and biomass-based;

sales and distribution of gas (No. 2 in

Portugal); supply of energy services: primarily engineering and consulting services for the construction and installation of thermoelectric and hydroelectric units; other: steam production, supply of computer services, etc.

 EDP(Energias de Portugal) Renewables (EDPR) is a leading company that designs, develops, manages and operates power plants that generate electricity using renewable energy sources. 2007 Headquarters: Madrid, Spain, Products: wind energy Profit: 80.2 million Subsidiaries: EDP Renewables North America (Houston, Texas, USA)
EDPRs Wild Horse Wind Farm in Kittitas County, Washington, United States

EDP Renovveis specializes in electricity production from renewable energies.

The group's activity is organized around 3 areas:

development and construction of electricity production units electricity production: from wind energy (16,800 GWh produced in 2011) and

hydraulic energy
operation and maintenance of electrical plants

 Jernimo Martins (JM) is a Portugal-based company that operates in food distribution and consumer products manufacturing. 1972 Founder: Jernimo Martins Headquarters: Lisbon, Portugal Products: Unilever-branded fast moving consumer goods Profit: 200.3 million

 food distribution (95.7%): at the end of

2011, owned 2,268 outlets in Portugal (395

outlets, of which 356 Pingo Doce supermarkets and hypermarkets and 39 Recheio cash and carry stores) and Poland (1,873 - Biedronka) other (4.3%): production, in partnership with Unilever, of consumer goods (oil, margarines, beverages, hygiene and healthcare products, ice

creams, fabrics detergents, etc.), representation and

distribution of international consumer goods brands, etc.

Thank you for your attention!