Bulgaria	weighted	unweighted
UniCredit Group	#1	#1

The Global Investor/ISF magazine published the results of its 2010 subcustody survey for world markets and marked UniCredit’s leading position in Bulgaria. The survey is conducted among clients of the leading subcustody providers in each market and takes account of client opinions in two categories – unweighted rating, and weighted rating for the size of assets under custody held for participating clients.

Global Investor/ISF is one of the leading magazines, published by Euromoney Institutional Investors plc. It was launched 20 years ago and it focused on custody and fund administration, giving credible forum for the best institutions in the securities business. The survey is conducted among customers of the leading subcustodians in each market and takes into account the views of their clients in two categories - unweighted rating and rating weighted for the size of total assets under custody of the participating clients.

Global Investor/ISF recognizes UniCredit as a leading custody provider in Bulgaria which appears to once again excel in pleasing its client base. To quote the magazine:

“The service is outstanding,” commented one respondent in our survey. “They are very responsive and treat their clients with a special attention, so we feel like they are part of our organization.” This kind of relationship, plus UniCredit’s undoubted expertise, will be invaluable in the year ahead as Bulgaria and its institutions continue to pull back out of the problems of recent times. This includes the Bulgarian Stock Exchange - Sofia, which has extended its links with the bourses of the region during 2010 despite the fairly flat economy.

The full survey results are available on the internet site of the Global Investor/ISF magazine against a subscription (http://www.globalinvestormagazine.com). The annual ranking is the most read article online in January 2011.