Análisis Rdos. empresariales: 1 abril Resultados principales compañías europeas Fecha Compañía BPAe BPA % a/a Publicación % mes Capitalizac. G. Industrial Variación mensual

02-abr-14 Prada SpA 0,080 Eur/acc 7,1% 10:30 Confirmed -12,03% 155.321 Apparel -50%- 30%- 10%10% 30% 50% 15-abr-14 Publicis Groupe SA 2,080 Eur/acc 0,9% Estimated -1,56% 14.146 Advertising … 9,1% 16-abr-14 Credit Suisse Group AG 0,790 Eur/acc 32,7% Confirmed 3,92% 45.234 Banks Prada SpA -12,0% 16-abr-14 Tesco PLC 0,171 Eur/acc -17,2% Confirmed -11,20% 24.039 Food Publicis Groupe SA -1,6% 16-abr-14 Ziggo NV n.d. -3,7% Confirmed -3,03% 6.439 TelecommunicationsCredit Suisse Group … 3,9% 17-abr-14 Actelion Ltd 0,957 Eur/acc -2,7% Confirmed 11,61% 10.115 Pharmaceuticals Tesco PLC -11,2% 17-abr-14 Akzo Nobel NV 0,627 Eur/acc -21,2% Confirmed 4,99% 14.351 Chemicals Ziggo NV -3,0% 17-abr-14 ASML Holding NV 0,563 Eur/acc 21,6% Estimated -1,06% 30.080 Semiconductors Actelion Ltd 11,6% 17-abr-14 SAP AG 0,598 Eur/acc 3,4% Bef-mkt Confirmed -5,68% 72.199 Software Akzo Nobel NV 5,0% 22-abr-14 BinckBank NV n.d. -5,2% Confirmed 12,13% 644 Diversified Finan ServASML Holding NV -1,1% 22-abr-14 Koninklijke Philips NV 0,220 Eur/acc 5,6% Confirmed -4,07% 23.971 Electronics SAP AG -5,7% 22-abr-14 STMicroelectronics NV -0,026 Eur/acc 190,9% Estimated 16,02% 6.102 Semiconductors BinckBank NV 12,1% 23-abr-14 ARM Holdings PLC 0,055 Eur/acc 15,0% Estimated -10,01% 13.934 Semiconductors Koninklijke Philips … -4,1% 23-abr-14 ASM International NV 0,310 Eur/acc 139,4% Confirmed 21,13% 1.841 Semiconductors STMicroelectronics… 16,0% 23-abr-14 Associated British Foods PLC n.d. 2,7% Confirmed 15,46% 22.349 Food ARM Holdings PLC -10,0% 23-abr-14 SA 0,019 Eur/acc -2,7% Estimated 24,88% 17.748 Banks ASM International… 21,1% 15,5% 23-abr-14 Bankinter SA 0,085 Eur/acc -11,1% Confirmed 19,09% 5.319 Banks Associated British … 23-abr-14 Enagas SA n.d. -2,0% Estimated 16,82% 5.298 Gas Bankia SA 24,9% 23-abr-14 Fiat SpA 0,110 Eur/acc 512,8% Estimated 41,13% 10.494 Auto Manufacturers Bankinter SA 19,1% 23-abr-14 Kemira OYJ 0,203 Eur/acc 15,4% 07:30 Confirmed -13,90% 1.626 Chemicals Enagas SA 16,8% 23-abr-14 Kone OYJ 0,278 Eur/acc 14,6% Confirmed -7,93% 15.778 Machinery-Diversified Fiat SpA 41,1% 23-abr-14 Stora Enso OYJ 0,111 Eur/acc 21,1% 12:00 Confirmed 6,31% 6.108 Forest Products&Paper Kemira OYJ -13,9% 23-abr-14 TeliaSonera AB 0,967 Eur/acc 1,8% Confirmed -9,73% 23.512 Telecommunications Kone OYJ -7,9% 24-abr-14 Amer Sports Oyj 0,122 Eur/acc 21,6% 12:00 Confirmed 1,46% 1.818 Leisure Time Stora Enso OYJ 6,3% TeliaSonera AB 24-abr-14 AstraZeneca PLC 1,103 Eur/acc -13,9% Confirmed 9,25% 49.241 Pharmaceuticals -9,7% Amer Sports Oyj 24-abr-14 PLC 0,073 Eur/acc -0,4% Estimated -14,75% 37.931 Banks 1,5% AstraZeneca PLC 9,2% 24-abr-14 CaixaBank SA 0,050 Eur/acc 170,9% Estimated 21,91% 23.470 Banks -14,7% Barclays PLC 24-abr-14 Elisa OYJ 0,298 Eur/acc 1,6% Confirmed 8,31% 3.491 Telecommunications CaixaBank SA 21,9% 24-abr-14 Heineken NV n.d. 7,3% Estimated 2,55% 28.990 Beverages Elisa OYJ 8,3% 24-abr-14 Huhtamaki OYJ 0,303 Eur/acc 23,0% Confirmed 6,11% 2.130 Packaging&Containers Heineken NV 24-abr-14 Kesko OYJ 0,163 Eur/acc -1,3% 08:00 Confirmed 18,17% 3.131 Food 2,5% Huhtamaki OYJ 6,1% 24-abr-14 Konecranes OYJ 0,278 Eur/acc 22,9% Confirmed -10,83% 1.459 Hand/Machine Tools Kesko OYJ 18,2% 24-abr-14 Metso OYJ 0,376 Eur/acc -10,2% Confirmed -2,06% 3.508 Machinery-Diversified Konecranes OYJ -10,8% 24-abr-14 Novartis AG 1,350 Eur/acc 5,1% Confirmed 4,99% 202.288 Pharmaceuticals Metso OYJ -2,1% 24-abr-14 Rautaruukki OYJ 0,027 Eur/acc 495,6% 06:00 Confirmed 19,07% 1.126 Iron/Steel Novartis AG 5,0% 24-abr-14 Saipem SpA 0,160 Eur/acc 187,3% Confirmed 13,30% 7.782 Oil&Gas Services Rautaruukki OYJ 19,1% 24-abr-14 Technip SA 0,644 Eur/acc -4,8% Confirmed 7,07% 8.503 Oil&Gas Services Saipem SpA 13,3% 24-abr-14 SA n.d. 1,3% Estimated -7,50% 1.783 Food Technip SA 7,1% 24-abr-14 Wartsila OYJ Abp 0,299 Eur/acc 10,2% Confirmed 9,42% 7.720 Miscellaneous ManufacturViscofan SA -7,5% 25-abr-14 Arcadis NV n.d. 12,2% Confirmed 9,62% 2.101 Engineering&ConstructionWartsila OYJ Abp 9,4% 25-abr-14 Koninklijke KPN NV n.d. -3,3% Confirmed 8,37% 10.842 Telecommunications Arcadis NV 9,6% 25-abr-14 Neste Oil OYJ 0,148 Eur/acc -36,5% 08:00 Confirmed 1,60% 3.743 Oil&Gas Koninklijke KPN NV 8,4% 25-abr-14 Red Electrica Corp SA n.d. 3,2% Estimated 21,55% 7.974 Electric Neste Oil OYJ 21,5% 25-abr-14 Wereldhave NV n.d. 88,3% Confirmed 7,80% 1.336 REITS Red Electrica Corp SA 7,8% 25-abr-14 YIT OYJ 0,160 Eur/acc 46,2% Confirmed -24,61% 975 Engineering&ConstructionWereldhave NV -24,6% 28-abr-14 Bayer AG 1,840 Eur/acc 9,4% Confirmed -3,11% 81.686 Pharmaceuticals Bayer AG -3,1% 28-abr-14 Deutsche Boerse AG 0,955 Eur/acc 12,4% Confirmed -3,39% 11.225 Diversified Finan ServDeutsche Boerse AG -3,4% 28-abr-14 Eni SpA 0,315 Eur/acc 13,6% Bef-mkt Confirmed 3,60% 65.851 Oil&Gas Eni SpA 3,6% 28-abr-14 GDF Suez n.d. -3,7% Confirmed 15,71% 47.726 Electric GDF Suez 15,7% 28-abr-14 Holcim Ltd 0,143 Eur/acc 12,9% Confirmed 8,84% 23.763 Building Materials Holcim Ltd 8,8% 28-abr-14 Koninklijke Ten Cate NV 0,330 Eur/acc 89,0% Confirmed -2,18% 600 Miscellaneous ManufacturKoninklijke Ten … -2,2% 28-abr-14 TNT Express NV 0,055 Eur/acc 90,8% Confirmed 5,53% 3.881 Transportation TNT Express NV 5,5% 29-abr-14 ABB Ltd 0,350 Eur/acc 20,2% Confirmed -3,02% 52.707 Engineering&Construction ABB Ltd -3,0% 6% 29-abr-14 SA 0,110 Eur/acc 23,1% Confirmed 5,56% 79.401 Banks Banco Santander SA 29-abr-14 BP PLC 0,189 Eur/acc 16,8% Confirmed -0,67% 89.540 Oil&Gas BP PLC -0,7% 29-abr-14 Cargotec Oyj 0,328 Eur/acc 53,6% Confirmed 15,17% 2.007 Transportation Cargotec Oyj 15,2% 29-abr-14 AG 1,290 Eur/acc 0,2% Confirmed -6,29% 33.129 Banks Deutsche Bank AG -6,3% Ebro Foods SA 29-abr-14 Ebro Foods SA n.d. 8,9% Confirmed -0,50% 2.608 Food -0,5% Fortum OYJ 29-abr-14 Fortum OYJ 0,405 Eur/acc -10,1% 08:00 Confirmed -1,56% 14.543 Electric -1,6% Geberit AG 29-abr-14 Geberit AG n.d. 7,7% Tentative 6,51% 10.890 Building Materials 6,5% Infineon… 11,3% 29-abr-14 Infineon Technologies AG 0,089 Eur/acc 57,3% Confirmed 11,28% 9.736 Semiconductors

Bankinter Análisis http://broker.bankinter.com/ Ramón Forcada Jesús Amador Pilar Aranda Ana Achau (Asesoramiento) http://www.bankinter.com/ Eva del Barrio Ana de Castro Rebeca Delgado Rafael Alonso Avda. Bruselas, 12 Todos los informes se encuentran aquí: https://broker.bankinter.com/www/es-es/cgi/broker+asesoramiento 28108 Alcobendas, Por favor, consulte importantes advertencias legales en: http://broker.bankinter.com/www/es-es/cgi/broker+binarios?secc=NRAP&subs=NRAP&nombre=disclaimer.pdf * Si desea acceder directamente al disclaimer seleccione sobre el link la opción "open weblink in Browser" con el botón derecho de su ratón. Análisis Rdos. empresariales: 1 abril Resultados principales compañías europeas Variación mensual

Fecha Compañía BPAe BPA % a/a Publicación % mes Capitalizac. G. Industrial -50%- 30%- 10%10% 30% 50% 29-abr-14 Jazztel PLC n.d. 12,6% Estimated 41,79% 2.785 Telecommunications Jazztel PLC 41,8% 29-abr-14 Luxottica Group SpA n.d. 15,4% Confirmed 8,06% 20.105 Healthcare-Products Luxottica Group … 8,1% 29-abr-14 Nokia OYJ 0,022 Eur/acc 970,0% Confirmed -7,90% 20.073 Telecommunications Nokia OYJ -7,9% 29-abr-14 Bank AB n.d. 10,0% Confirmed 3,81% 40.824 Banks Nordea Bank AB 3,8% 29-abr-14 Orion OYJ 0,343 Eur/acc -8,4% Confirmed 8,08% 3.119 Pharmaceuticals Orion OYJ 8,1% 29-abr-14 Outokumpu OYJ -0,051 Eur/acc 82,3% Confirmed 30,73% 1.931 Iron/Steel Outokumpu OYJ 30,7% 29-abr-14 Outotec OYJ 0,086 Eur/acc -38,9% Confirmed 4,53% 1.457 Machinery-Constr&Mining Outotec OYJ 4,5% 29-abr-14 Pohjola Bank PLC n.d. -3,2% 07:00 Confirmed 10,33% 5.168 Banks Pohjola Bank PLC 10,3% 29-abr-14 Sanofi 1,210 Eur/acc 3,8% Confirmed -1,39% 100.715 Pharmaceuticals Sanofi -1,4% 29-abr-14 TomTom NV 0,028 Eur/acc -13,8% Confirmed -5,20% 1.085 Software TomTom NV -5,2% 29-abr-14 UPM-Kymmene OYJ 0,235 Eur/acc 4,4% Confirmed 0,57% 6.572 Forest Products&Paper UPM-Kymmene… 0,6% 29-abr-14 Volkswagen AG 4,910 Eur/acc 19,3% Confirmed -8,01% 86.044 Auto Manufacturers Volkswagen AG -8,0% 29-abr-14 Whitbread PLC n.d. 13,7% Estimated 12,29% 7.643 Lodging Whitbread PLC 12,3% 30-abr-14 Abertis Infraestructuras SA n.d. 19,4% Estimated 3,07% 14.240 Commercial Services Abertis … 3,1% 30-abr-14 Air France-KLM 0,290 Eur/acc 164,6% Confirmed 42,63% 3.248 Airlines Air France-KLM 42,6% 30-abr-14 Antofagasta PLC n.d. 27,5% Confirmed 1,82% 8.271 Mining Antofagasta PLC 1,8% 30-abr-14 Banco Bilbao Vizcaya Argentari0,130 Eur/acc 77,4% Confirmed -2,01% 50.731 Banks Banco Bilbao… -2,0% 30-abr-14 Banco Popular Espanol SA 0,055 Eur/acc 210,1% Confirmed 25,18% 11.384 Banks Banco Popular … 25,2% 30-abr-14 BNP Paribas SA 1,470 Eur/acc 5,2% Confirmed -1,73% 69.318 Banks BNP Paribas SA -1,7% 30-abr-14 Bolsas y Mercados Espanoles0,430 SA Eur/acc 3,0% Confirmed 6,65% 2.467 Diversified Finan Serv Bolsas y … 6,7% 30-abr-14 CNH Industrial NV 0,140 Eur/acc 22,7% Estimated 0,97% 11.293 Machinery-DiversifiedCNH Industrial NV 1,0% 30-abr-14 Daimler AG 1,453 Eur/acc 41,5% 07:30 Confirmed 9,46% 73.654 Auto Manufacturers Daimler AG 9,5% 30-abr-14 SA n.d. -51,2% Aft-mkt Confirmed 12,19% 11.575 Engineering&Construction Ferrovial SA 12,2% 30-abr-14 GlaxoSmithKline PLC 0,235 Eur/acc -1,3% Confirmed -0,40% 77.983 Pharmaceuticals GlaxoSmithKline… -0,4% 30-abr-14 SA n.d. -15,8% Confirmed 9,60% 32.377 Electric Iberdrola SA 9,6% 30-abr-14 SA 0,195 Eur/acc -5,0% Confirmed 20,03% 2.395 Computers Indra Sistemas SA 20,0% -5,5% 30-abr-14 PLC n.d. 15,5% Estimated -5,54% 53.328 Banks Lloyds Banking … 30-abr-14 Randstad Holding NV 0,675 Eur/acc 22,0% Confirmed -9,60% 7.565 Commercial Services Randstad Holding… -9,6% 30-abr-14 Royal Dutch Shell PLC 0,820 Eur/acc 12,1% 13:00 Confirmed 3,38% 144.308 Oil&Gas Royal Dutch Shell … 3,4% 30-abr-14 Total SA 1,210 Eur/acc 3,0% Confirmed 7,75% 114.081 Oil&Gas Total SA 7,7% 01-may-14 Banco de Sabadell SA 0,030 Eur/acc 23,7% Estimated 19,74% 9.108 Banks Banco de Sabadell … 19,7% - 01-may-14 BG Group PLC 0,305 Eur/acc -19,2% Confirmed -13,83% 38.117 Oil&Gas BG Group PLC 13,8% 01-may-14 British Sky Broadcasting Group0,152 Eur/acc -3,5% Confirmed 8,59% 14.423 Media British Sky … 8,6% 01-may-14 Shire PLC 0,734 Eur/acc 28,1% Confirmed 4,59% 17.539 Pharmaceuticals Shire PLC 4,6% 01-may-14 Smith & Nephew PLC 0,192 Eur/acc 9,9% Confirmed 5,40% 8.111 Healthcare-Products Smith & Nephew … 5,4% 01-may-14 Tenaris SA 0,345 Eur/acc 5,5% Confirmed 0,57% 18.853 Metal Fabricate/Hardware Tenaris SA 0,6% 02-may-14 BASF SE 1,730 Eur/acc 10,8% Confirmed 4,08% 74.075 Chemicals BASF SE 4,1% 02-may-14 Bayerische Motoren Werke1,910 AG Eur/acc 5,3% Estimated 6,89% 58.479 Auto Manufacturers Bayerische… 6,9% 02-may-14 SA n.d. 22,6% Estimated 14,15% 12.344 Pharmaceuticals Grifols SA 14,2% 02-may-14 SA n.d. 0,7% Estimated -0,22% 9.565 Insurance Mapfre SA -0,2% 02-may-14 Royal Group0,059 P Eur/acc 170,7% Estimated -8,43% 34.999 Banks Royal Bank of… -8,4% 02-may-14 USG People NV n.d. 140,7% Bef-mkt Confirmed 21,03% 944 Commercial Services USG People NV 21,0% 05-may-14 Snam SpA n.d. 7,0% Confirmed 3,98% 14.298 Gas Snam SpA 4,0% -20,4 06-may-14 Aberdeen Asset Management PLC n.d. -3,6% Confirmed -20,44% 4.773 Diversified Finan Serv Aberdeen Asset … - % Adidas AG 06-may-14 Adidas AG 1,400 Eur/acc 8,7% Confirmed -14,99% 16.476 Apparel 15,0% 06-may-14 Banca Popolare dell'Emilia Rom n.d. 320,6% Confirmed 30,04% 3.013 Banks Banca Popolare… 30,0% 06-may-14 Continental AG 3,020 Eur/acc 10,7% Confirmed 9,16% 34.801 Auto Parts&Equipment Continental AG 9,2% 06-may-14 Deutsche Lufthansa AG -0,650 Eur/acc 32,0% Confirmed 23,51% 8.781 Airlines Deutsche… 23,5% 06-may-14 Fresenius Medical Care AG &0,770 Co Eur/acc 1,8% Confirmed -1,74% 15.709 Healthcare-Services Fresenius Medical … -1,7% 06-may-14 Fresenius SE & Co KGaA n.d. 9,0% Confirmed 2,11% 20.489 Healthcare-Services Fresenius SE & Co … 2,1% 06-may-14 Gas Natural SDG SA n.d. -4,6% Confirmed 9,23% 20.434 Gas Gas Natural SDG SA 9,2% Koninklijke DSM- …13% 06-may-14 Koninklijke DSM NV 0,673 Eur/acc 2,7% 07:15 Confirmed -13,19% 9.002 Chemicals -4,2% Linde AG 06-may-14 Linde AG 1,758 Eur/acc 17,7% Confirmed -4,18% 27.049 Chemicals - PostNL NV 06-may-14 PostNL NV 0,031 Eur/acc 46,4% Confirmed -19,83% 1.464 Transportation 19,8% 06-may-14 Solvay SA 1,560 Eur/acc 6,4% 07:30 Confirmed -1,43% 9.601 Chemicals Solvay SA -1,4% 06-may-14 UBS AG 0,335 Eur/acc -16,2% Confirmed 7,27% 69.681 Banks UBS AG 7,3% - Alstom SA 07-may-14 Alstom SA n.d. -15,4% Confirmed -25,80% 6.064 Machinery-Diversified 25,8% 07-may-14 APERAM 0,170 Eur/acc 113,8% Aft-mkt Confirmed 42,83% 1.497 Iron/Steel APERAM 42,8% 23,3% 07-may-14 Credit Agricole SA 0,350 Eur/acc 17,1% Confirmed 23,27% 28.693 Banks Credit Agricole SA

Bankinter Análisis http://broker.bankinter.com/ Ramón Forcada Jesús Amador Pilar Aranda Ana Achau (Asesoramiento) http://www.bankinter.com/ Eva del Barrio Ana de Castro Rebeca Delgado Rafael Alonso Avda. Bruselas, 12 Todos los informes se encuentran aquí: https://broker.bankinter.com/www/es-es/cgi/broker+asesoramiento 28108 Alcobendas, Madrid Por favor, consulte importantes advertencias legales en: http://broker.bankinter.com/www/es-es/cgi/broker+binarios?secc=NRAP&subs=NRAP&nombre=disclaimer.pdf * Si desea acceder directamente al disclaimer seleccione sobre el link la opción "open weblink in Browser" con el botón derecho de su ratón. Análisis Rdos. empresariales: 1 abril Resultados principales compañías europeas Variación mensual

Fecha Compañía BPAe BPA % a/a Publicación % mes Capitalizac. G. Industrial -60% -30% 0% 30% 60% 07-may-14 Enel Green Power SpA n.d. 10,3% Confirmed 10,54% 10.120 Energy-Alternate Sources Enel Green Power SpA 07-may-14 Experian PLC n.d. 5,7% Confirmed -1,80% 10.864 Commercial Services 10,5% Experian PLC -1,8% 07-may-14 Finmeccanica SpA n.d. -58,4% Confirmed 31,06% 4.171 Aerospace/Defense Finmeccanica SpA 31,1% 07-may-14 Fomento de Construcciones0,420 y Co Eur/acc 114,8% Estimated 4,08% 2.143 Engineering&Construction Fomento de … 4,1% 07-may-14 HeidelbergCement AG -0,717 Eur/acc 14,3% Confirmed 12,82% 11.692 Building Materials HeidelbergCement AG 12,8% 07-may-14 Henkel AG & Co KGaA 1,015 Eur/acc 5,4% Confirmed -7,15% 32.797 Household Products/Wares Henkel AG & Co KGaA -7,2% 07-may-14 HSBC Holdings PLC 0,200 Eur/acc 5,7% Confirmed -8,32% 114.680 Banks HSBC Holdings PLC -8,3% 07-may-14 Imperial Tobacco Group PLC n.d. 0,0% Confirmed 4,45% 23.473 Agriculture Imperial Tobacco … 4,4% 07-may-14 ING Groep NV 0,285 Eur/acc 17,4% 07:00 Confirmed 1,63% 39.427 Insurance ING Groep NV 1,6% 07-may-14 J Sainsbury PLC n.d. 4,6% Confirmed -13,21% 6.026 Food J Sainsbury PLC -13,2% 07-may-14 Lafarge SA -0,240 Eur/acc 41,9% Estimated 4,30% 16.325 Building Materials Lafarge SA 4,3% 07-may-14 Legrand SA 0,570 Eur/acc 5,2% Confirmed 12,34% 11.955 Electrical Compo&Equip Legrand SA 12,3% 07-may-14 Nokian Renkaat OYJ 0,392 Eur/acc 9,4% Confirmed -15,92% 3.910 Auto Parts&EquipmentNokian Renkaat OYJ -15,9% 07-may-14 Pirelli & C. SpA 0,230 Eur/acc 47,7% Confirmed -9,46% 5.542 Auto Parts&Equipment Pirelli & C. SpA -9,5% 07-may-14 Sampo 0,554 Eur/acc 3,5% Confirmed 4,73% 20.950 Insurance Sampo 4,7% 07-may-14 Societe Generale SA 1,220 Eur/acc -5,0% Confirmed 5,41% 35.547 Banks Societe Generale SA 5,4% 07-may-14 Swiss Re AG 2,250 Eur/acc -34,6% Confirmed -0,49% 30.268 Insurance Swiss Re AG -0,5% 07-may-14 Swisscom AG n.d. -0,6% 07:30 Confirmed 14,78% 27.999 Telecommunications Swisscom AG 14,8% 07-may-14 Vallourec SA 0,430 Eur/acc 19,8% Aft-mkt Confirmed -0,83% 5.033 Metal Fabricate/HardwareVallourec SA -0,8% 08-may-14 Adecco SA 0,645 Eur/acc 17,8% Confirmed 3,61% 13.845 Commercial Services Adecco SA 3,6% 08-may-14 Azimut Holding SpA 0,260 Eur/acc 18,3% Confirmed 30,36% 3.703 Diversified Finan ServAzimut Holding SpA 30,4% 08-may-14 Beiersdorf AG 0,645 Eur/acc 9,4% Confirmed -3,31% 17.942 Cosmetics/Personal Care Beiersdorf AG -3,3% 08-may-14 BT Group PLC 0,082 Eur/acc Confirmed -0,42% 29.916 Telecommunications BT Group PLC -0,4% 08-may-14 Deutsche Telekom AG n.d. 3,5% Confirmed -5,31% 52.390 TelecommunicationsDeutsche Telekom AG -5,3% 08-may-14 Distribuidora Internacional de n.d. 5,9% 07:30 Confirmed 1,92% 4.313 Food Distribuidora… 1,9% 08-may-14 Enel SpA n.d. -7,6% Confirmed 29,17% 38.554 Electric Enel SpA 29,2% 08-may-14 Gamesa Corp Tecnologica SA n.d. 81,6% Confirmed 4,59% 2.013 Electrical Compo&Equip Gamesa Corp … 4,6% 08-may-14 LANXESS AG 0,840 Eur/acc 76,8% Confirmed 12,55% 4.540 Chemicals LANXESS AG 12,6% 08-may-14 Mediaset Espana Comunicacion S n.d. 116,5% Estimated 0,46% 3.429 Media Mediaset Espana … 0,5% 08-may-14 Mediobanca SpA n.d. 121,5% Confirmed 29,17% 7.074 Banks Mediobanca SpA 29,2% 08-may-14 Muenchener Rueckversicherungs5,310 Eur/acc -7,8% Confirmed -0,84% 28.479 Insurance Muenchener … -0,8% Randgold Resources… 08-may-14 Randgold Resources Ltd 0,800 Eur/acc 11,3% 08:00 Confirmed 20,63% 4.229 Mining 20,6% Sage Group PLC/The 3,8% 08-may-14 Sage Group PLC/The n.d. 3,6% Confirmed 3,77% 4.597 Software Siemens AG -0,9% 08-may-14 Siemens AG 1,493 Eur/acc 40,5% Confirmed -0,90% 86.690 Miscellaneous Manufactur TKH Group NV -0,1% 08-may-14 TKH Group NV n.d. 63,0% Confirmed -0,12% 980 Electrical Compo&Equip Transocean Ltd -16,5% 08-may-14 Transocean Ltd 1,061 Eur/acc 11,0% Estimated -16,46% 13.102 Oil&Gas Alcatel-Lucent -12,1% 09-may-14 Alcatel-Lucent -0,036 Eur/acc 112,7% Confirmed -12,12% 8.054 Telecommunications Amadeus IT Holding … -5,2% 09-may-14 Amadeus IT Holding SA 0,435 Eur/acc 9,4% Estimated -5,24% 13.192 Software ArcelorMittal -10,4% 09-may-14 ArcelorMittal 0,140 Eur/acc 241,8% Confirmed -10,37% 19.360 Iron/Steel Atlantia SpA 14,2% 09-may-14 Atlantia SpA n.d. 3,9% Confirmed 14,16% 15.376 Commercial Services AG 14,1% 09-may-14 Commerzbank AG 0,207 Eur/acc 58,8% Confirmed 14,13% 15.216 Banks Eurocommercial… 2,6% 09-may-14 Eurocommercial Properties0,510 NV Eur/acc -22,5% Confirmed 2,58% 1.354 REITS International… 4,5% 09-may-14 International Consolidated Air n.d. 104,1% Confirmed 4,53% 10.258 Airlines Obrascon Huarte… 7,8% 09-may-14 Obrascon Huarte Lain SA n.d. 13,6% Estimated 7,78% 3.165 Engineering&Construction Prysmian SpA -3,1% 09-may-14 Prysmian SpA 0,350 Eur/acc 4,8% Estimated -3,10% 3.891 Electrical Compo&Equip SA 2,0% 09-may-14 Repsol SA 0,270 Eur/acc -3,2% Estimated 1,97% 24.742 Oil&Gas Telefonica SA -2,6% 09-may-14 Telefonica SA n.d. -6,0% Confirmed -2,62% 52.451 Telecommunications SpA 23,4% 12-may-14 UniCredit SpA n.d. 332,1% Confirmed 23,42% 38.462 Banks SA 51,3% 13-may-14 Acciona SA n.d. 108,7% Estimated 51,25% 3.617 Engineering&ConstructionAirbus Group NV -6,2% 13-may-14 Airbus Group NV 0,610 Eur/acc 17,1% Confirmed -6,18% 41.026 Aerospace/Defense Banca Popolare di … 13-may-14 Banca Popolare di Milano Scarl n.d. 388,9% Confirmed 64,67% 2.393 Banks SC 39% 13-may-14 Banco Popolare SC 0,220 Eur/acc 129,9% Confirmed 38,90% 5.026 Banks E.ON SE 5,6% 13-may-14 E.ON SE n.d. -19,6% 07:30 Confirmed 5,63% 28.354 Electric easyJet PLC 14,4% 13-may-14 easyJet PLC n.d. 11,8% Confirmed 14,43% 6.797 Airlines Mediaset SpA 16,9% 13-may-14 Mediaset SpA n.d. 1225,0% Confirmed 16,89% 4.758 Media Sacyr SA 28,0% 13-may-14 Sacyr SA n.d. 146,2% Estimated 27,95% 2.246 Engineering&ConstructionSalvatore Ferragamo… -23,9% 13-may-14 Salvatore Ferragamo SpA 0,150 Eur/acc 10,6% Confirmed -23,87% 3.545 Retail Telecom Italia SpA 18,4% 13-may-14 Telecom Italia SpA n.d. -15,6% Confirmed 18,45% 15.592 TelecommunicationsThyssenKrupp AG 9,5% 13-may-14 ThyssenKrupp AG 0,163 Eur/acc 124,1% Confirmed 9,50% 10.962 Iron/Steel

Bankinter Análisis http://broker.bankinter.com/ Ramón Forcada Jesús Amador Pilar Aranda Ana Achau (Asesoramiento) http://www.bankinter.com/ Eva del Barrio Ana de Castro Rebeca Delgado Rafael Alonso Avda. Bruselas, 12 Todos los informes se encuentran aquí: https://broker.bankinter.com/www/es-es/cgi/broker+asesoramiento 28108 Alcobendas, Madrid Por favor, consulte importantes advertencias legales en: http://broker.bankinter.com/www/es-es/cgi/broker+binarios?secc=NRAP&subs=NRAP&nombre=disclaimer.pdf * Si desea acceder directamente al disclaimer seleccione sobre el link la opción "open weblink in Browser" con el botón derecho de su ratón. Análisis Rdos. empresariales: 1 abril Resultados principales compañías europeas Variación mensual Fecha Compañía BPAe BPA % a/a Publicación % mes Capitalizac. G. Industrial -50% -30% -10% 10% 30% 50%

13-may-14 Unione di Banche Italiane SCpA n.d. -16,0% Confirmed 36,14% 6.060 Banks Unione di Banche … 36,1% 14-may-14 ACS Actividades de Construccio0,280 Eur/acc 28,3% Estimated 14,97% 9.125 Engineering&Construction ACS Actividades de … 15,0% 14-may-14 Allianz SE n.d. 0,1% Confirmed -5,64% 56.150 Insurance 14-may-14 Banca Monte dei Paschi di Sien n.d. 92,6% Confirmed 56,67% 3.210 Banks Allianz SE -5,6% 14-may-14 British Land Co PLC n.d. -1,3% Confirmed 4,69% 6.714 REITS Banca Monte dei …

14-may-14 Compass Group PLC n.d. 2,3% Confirmed -5,06% 16.403 Food Service British Land Co PLC 4,7% 14-may-14 Deutsche Post AG 0,415 Eur/acc -0,8% Estimated 2,42% 32.831 Transportation Compass Group PLC -5,1% 14-may-14 K+S AG 0,573 Eur/acc -42,3% Confirmed 7,20% 4.591 Chemicals 14-may-14 RWE AG n.d. -37,0% Confirmed 10,49% 17.839 Electric Deutsche Post AG 2,4% 14-may-14 Terna Rete Elettrica Nazionale n.d. -1,6% Confirmed 7,49% 7.847 Electric K+S AG 7,2% 14-may-14 Tod's SpA n.d. 3,5% Confirmed -22,86% 2.867 Apparel RWE AG 10,5% 15-may-14 Aegon NV n.d. 8,3% 07:30 Confirmed -3,32% 14.140 Insurance 15-may-14 Assicurazioni Generali SpA n.d. 14,2% Confirmed -4,85% 25.330 Insurance Terna Rete Elettrica … 7,5% 15-may-14 Bouygues SA n.d. 1,9% 17:45 Confirmed 10,43% 9.667 Engineering&Construction Tod's SpA -22,9% 15-may-14 Cie Financiere Richemont SA1,630 Eur/acc 3,9% Confirmed -5,01% 48.434 Retail Aegon NV -3,3% 15-may-14 SpA n.d. 78,9% Confirmed 37,12% 40.073 Banks Assicurazioni … 15-may-14 Land Securities Group PLC n.d. 5,4% Confirmed 6,80% 8.115 REITS -4,9% 15-may-14 London Stock Exchange Group0,520 PL Eur/acc -3,0% Confirmed 13,68% 5.341 Diversified Finan Serv Bouygues SA 10,4% 15-may-14 Merck KGaA 2,130 Eur/acc 3,8% Confirmed -5,80% 26.674 Pharmaceuticals Cie Financiere … -5,0% 15-may-14 National Grid PLC n.d. -7,7% Confirmed 4,38% 30.682 Gas Intesa Sanpaolo SpA 15-may-14 Vivendi SA n.d. -12,5% Aft-mkt Confirmed 6,13% 27.234 Telecommunications 37,1% 15-may-14 Zurich Insurance Group AG 7,210 Eur/acc 0,4% Confirmed 4,37% 40.011 Insurance Land Securities… 6,8% 16-may-14 Coca-Cola HBC AG n.d. 6,1% Confirmed -14,98% 5.456 Beverages London Stock … 13,7%

16-may-14 Nieuwe Steen Investments NV n.d. -15,4% Confirmed -4,48% 629 REITS Merck KGaA -5,8% 16-may-14 Tecnicas Reunidas SA n.d. 12,2% Estimated 4,60% 2.309 Engineering&Construction National Grid PLC 4,4% - - - - Vivendi SA 6,1% - - Zurich Insurance … 4,4% - - Coca-Cola HBC AG -15,0% - - - - Nieuwe Steen … -4,5% - - Tecnicas Reunidas SA 4,6% ------

Bankinter Análisis http://broker.bankinter.com/ Ramón Forcada Jesús Amador Pilar Aranda Ana Achau (Asesoamiento) http://www.bankinter.com/ Eva del Barrio Ana de Castro Rebeca Delgado Paseo de la Castellana, 29 Todos los informes se encuentran aquí: https://broker.bankinter.com/www/es-es/cgi/broker+asesoramiento 28046 Madrid Por favor, consulte importantes advertencias legales en: http://broker.bankinter.com/www/es-es/cgi/broker+binarios?secc=NRAP&subs=NRAP&nombre=disclaimer.pdf * Si desea acceder directamente al disclaimer seleccione sobre el link la opción "open weblink in Browser" con el botón derecho de su ratón.