WorldReginfo - 9c879bdc-605f-4b24-8cf6-43d26937a99c 009 023 029 037 047 055 125 WorldReginfo - 9c879bdc-605f-4b24-8cf6-43d26937a99c HELENIC EXCHANGES GROUP: Financial Highlights (International Accounting Standards, amounts in €m unless otherwise noted) 2009 2008 Change % Consolidated Statement of Comprehensive Income Turnover 78.341 108.366 -28% Hellenic Capital Market Commission Fee 3.685 5.727 -36% Non-reccuring revenue 1.775 7.000 -75% Operating Expenses 23.149 26.327 -12% Non-reccuring expenses 509 0.000 - EBITDA 52.773 83.312 -37% Depreciation 2.572 2.670 -4% Operating Result (EBIT) 50.201 80.642 -38% Financial income and capital income 4.921 8.290 -41% Profits before taxes 55.122 88.932 -38% Income Tax 13.530 23.918 -43% Extraordinary tax (Law 3808/2009) 12.088 0.000 - Minority interest 0.000 0.000 - Net profit after taxes 29.504 65.014 -55% Consolidated Cash Flow Statement Total cash flows from operating activities 34.701 38.049 -9% Total cash flows from investment and financial activities -41.322 -45.826 -10% Consolidated Statement of Financial Position (December 31st) Cash at hand and at bank 115.312 121.933 -5% Other current assets 26.305 19.983 32% Non-current assets 40.488 42.948 -6% Total Assets 182.105 184.864 -1% Short-term liabilities 28.019 20.735 35% Long-term liabilities 3.518 3.740 -6% Equity 150.568 160.389 -6% Total Liabilities & Stockholders' Equity 182.105 184.864 -1% Performance Indicators Profit per share € 0.45 0.94 -52% Dividend per share1 € 0.22 0.45 -51% Dividends distributed1 14.381 29.416 -51% Cash flows from operating activities per share € 0.53 0.54 -2% Employees (year end) 270 276 -2% Sales revenue per employee (avg. no. of employees) € 286.963 360.020 -20% Operating expenses per employee (avg. no. of employees) € 84.795 87.465 -3% EBITDA Margin % 67.4% 76.9% -12% EBIT Margin % 64.0% 74.4% -14% Net profit margin % 37.7% 60.0% -37% Return on Equity (ROE) % 20.0% 40.5% -51% Market Indicators ATHEX (Cash Market) Value of transactions € bn. 50.867 78.174 -35% Average daily value of transactions 205 316 -35% Transaction volume (shares) bn. 11.472 9.552 20% Number of transactions m. 10.140 9.413 8% ATHEX (Derivatives Market) Transaction volume (contracts) m. 10.432 9.916 5% Open interest (contracts) thou. 262.3 180.1 46% ATHEX (Listed Companies) Raised capital € bn. 4.620 0.740 524% ATHEX capitalization (year end) € bn. 83.521 68.200 22% HELEX share Start-of-year price2 (last close of the previous year) € 5.60 24.00 -77% Year maximum € 10.43 24.00 -57% Year minimum € 3.90 4.70 -17% Closing price (December 31st) € 7.30 5.60 30% Regular dividend paid out1,2 € 0.22 0.45 -51% Extraordinary dividend (Share capital return) paid out3 € 0.13 0.15 -13% 1 2009 column: Proposed dividend for the fiscal year 2 Dividend for the FY, paid out in the next FY 3 2009 column: Proposed special dividend to be paid in 2010 WorldReginfo - 9c879bdc-605f-4b24-8cf6-43d26937a99c Hellenic Exchanges Group: Quarters at a glance €m Q1 Q2 Q3 Q4 Year 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 Consolidated profit and loss statement Turnover 12.786 32.849 19.239 30.316 21.046 22.245 25.270 22.956 78.341 108.366 Capital Market Commission fee 0.540 1.783 0.996 1.678 0.953 1.208 1.196 1.058 3.685 5.727 Operational expenses 5.686 6.708 5.891 6.875 5.535 6.296 6.037 6.448 23.149 26.327 EBITDA 6.560 24.358 14.127 21.763 14.557 18.459 17.529 18.732 52.773 83.312 Depreciation 0.524 0.705 0.757 0.686 0.648 0.647 0.643 0.632 2.572 2.670 EBIT 6.036 23.653 13.370 21.077 13.909 17.812 16.886 18.100 50.201 80.642 Financial and capital income 1.910 1.520 1.153 2.495 0.794 2.039 1.064 2.236 4.921 8.290 Profits before tax 7.946 25.173 14.523 23.572 14.703 19.851 17.950 20.336 55.122 88.932 Income tax 2.121 6.763 3.494 6.254 3.696 5.406 4.219 5.495 13.530 23.918 Minority interest 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 Net profit after tax 5.825 18.410 11.029 17.318 11.007 14.445 1.643 14.841 29.504 65.014 Q1 Q2 Q3 Q4 Year 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 Turnover breakdown Cash Market (trading) 2.181 7.477 4.089 6.572 4.003 4.582 4.909 3.999 15.182 22.630 Cash Market (clearing and settlement) 3.324 12.690 6.418 11.585 6.299 7.479 7.842 6.275 23.883 38.029 Listed Companies and new listings 1.360 2.376 2.125 3.018 4.964 2.404 3.073 2.258 11.522 10.056 Subscriptions & member terminals 0.235 0.875 0.373 0.810 0.384 0.703 0.474 0.824 1.466 3.212 Central Registry management 0.831 1.438 1.022 1.409 1.033 1.211 1.099 1.056 3.985 5.114 Off-exchange transfers (through DSS) 0.648 2.337 0.395 1.078 0.475 1.261 0.475 1.763 1.993 6.439 Derivatives Market (trading) 0.952 1.636 0.705 1.435 0.608 1.496 0.794 1.389 3.059 5.956 Derivatives Market (clearing and settlement) 0.807 1.407 1.531 1.209 1.270 1.249 1.693 1.196 5.301 5.061 Data vendors 1.106 1.161 1.338 1.122 1.029 0.983 1.396 1.273 4.869 4.539 Operation of the ATHEX-CSE Common Platform 0.145 0.251 0.269 0.180 0.120 0.246 0.615 0.575 1.149 1.252 Auxiliary Fund management 0.194 0.428 0.150 0.351 0.155 0.305 0.153 0.216 0.652 1.300 IT services 0.773 0.287 0.512 0.465 0.443 0.231 0.447 0.728 2.175 1.711 Other activities 0.230 0.334 0.312 1.069 0.263 0.095 2.300 1.569 3.105 3.067 TOTAL 12.786 32.697 19.239 30.303 21.046 22.245 25.270 23.121 78.341 108.366 Q1 Q2 Q3 Q4 Year 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 Operational Expenses breakdown Personnel remuneration and expenses 3.534 4.568 3.652 3.496 3.433 3.618 2.592 3.004 13.211 14.686 Third party fees and expenses 0.231 0.256 0.416 0.380 0.279 0.331 0.610 0.868 1.536 1.835 Utilities 0.388 0.349 0.514 0.548 0.373 0.458 0.508 0.539 1.783 1.894 Maintenance / IT support 0.512 0.412 0.441 0.470 0.487 0.644 0.355 0.372 1.795 1.898 Taxes - VAT 0.247 0.203 0.254 0.305 0.276 0.292 0.398 0.348 1.175 1.148 Building / equipment management 0.295 0.280 0.222 0.269 0.300 0.138 0.362 0.425 1.179 1.112 Marketing and advertising expenses 0.032 0.060 0.058 0.069 0.085 0.133 0.203 0.355 0.378 0.617 Other expenses 0.370 0.580 0.334 1.338 0.303 0.682 1.085 0.537 2.092 3.137 TOTAL 5.609 6.708 5.891 6.875 5.536 6.296 6.113 6.448 23.149 26.327 WorldReginfo - 9c879bdc-605f-4b24-8cf6-43d26937a99c * 1/1/2009 = 100 * FY 2000 dividend is an interim dividend for the first FY of the Company (2000-2001), which was more than 12 months. ** Dividend for FY 2009 is the proposal by the BoD to the Annual General Shareholders Meeting WorldReginfo - 9c879bdc-605f-4b24-8cf6-43d26937a99c Summary Information about the Group Corporate Identity “HELLENIC EXCHANGES SOCIETE ANONYME HOLDING, CLEARING, SETTLEMENT & REGISTRY” is the parent company of the Group that supports that organization and operation of the Greek capital market. The companies of the Group operate the organized securities and derivatives markets, perform the clearing and settlement of transactions, registration of securities, provide turnkey IT solutions to the Greek capital market and promote the development of exchange education in our country. Brief History n In 1876 the Athens Stock Exchange (ASE) is founded as a self regulated public organization. n In 1918 ASE is transformed into a public entity n In 1991 the first electronic trading system (ASIS) is put into operation at ASE, abolishing the open-outcry method. In February 1991, the Central Securities Depository (CSD) is founded, for the clearing of transactions. n In 1995, as part of the efforts to modernize the capital market, ASE is transformed into a societe anonyme, with the Greek State as the sole shareholder. n In 1997 the Greek state, through a private placement, sells 39.67% of the ASE share capital, while in 1998, through a second private placement, sells approximately 12% of the share capital to selected investors.