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CONTENTS 1

2 12

31

1

Subsidiaries

1.1 1.1.1 1.1.1.1 1.1.1.2 1.1.2 1.2 1.2.1 1.2.2

2

Joint ventures

2.1 2.2 2.2.1 2.2.2 31

32

3

Consolidated subsidiaries Banks and financial institutions Domestic banks and financial institutions Foreign banks and financial institutions Other consolidated subsidiaries Non-consolidated subsidiaries Banks and financial institutions Other non-consolidated subsidiaries

Joint ventures valued at equity Minor joint ventures Banks and financial institutions Other companies

Associated companies

3.1 3.1.1 3.1.2 3.2 3.2.1 3.2.2

Associated companies valued at equity Banks and financial institutions Other companies Minor associated companies Banks and financial institutions Other companies

33

4

34

4.1 4.2

37

5

Holdings in large corporations not already shown, with more than 5% of the voting rights

38

6

Other selected holdings of under 20%

6.1 6.2 38

Holdings of 20% to 50% without significant influence Banks and financial institutions Other companies

Banks and financial institutions Other companies Notes and comments

compliant with Section 313 (2) of the German Commercial Code for the consolidated financial statements and with Section 285 No.11 and 11a of the German Commercial Code for the annual financial statements of the parent bank

HOLDINGS Name and registered office

Percentage interest

Equity capital

Net income

of which:

in thousands

in thousands

Sect. 16 (4),

held

of currency

of currency

Stock

indirectly

units

units

total

Currency

Corporation Act 1

Subsidiaries

1.1

Consolidated subsidiaries

1.1.1

Banks and financial institutions

1.1.1.1 Domestic banks and financial institutions Activest Investmentgesellschaft mbH, Munich

100.0

Bankhaus BethmannMaffei OHG, Munich5

100.0

Bankhaus Neelmeyer AG, Bremen

100.0

DAB Bank AG, Munich

100.0 100.0

EUR

19,757

1

EUR

46,830

(2,576)

EUR

40,400

1

13,230

76.3

EUR

117,114

Financial Markets Service Bank GmbH, Munich

100.0

EUR

10,226

2.1

INDEXCHANGE Investment AG, Munich

100.0

EUR

17,663

4,553

94.0

EUR

9,909

1,715

Internationales Immobilien-Institut GmbH, Munich Nordinvest Norddeutsche Investment-Gesellschaft mbH, Hamburg

100.0

Vereins- und Westbank Aktiengesellschaft, Hamburg

76.5

Vereinsbank Victoria Bauspar Aktiengesellschaft, Munich

70.0

100.0

EUR

21,468

7,065

EUR

970,522

67,892

10.0

EUR

62,460

(1,008)

1.1.1.2 Foreign banks and financial institutions Activest Investmentgesellschaft Luxembourg S. A., Luxembourg

100.0

100.0

EUR

10,478

4,632

Asset Management GmbH, Vienna

100.0

100.0

EUR

7,501

1

1

Name and registered office

Percentage interest

Equity capital

Net income

of which:

in thousands

in thousands

Sect. 16 (4),

held

of currency

of currency

Stock

indirectly

units

units

total

Currency

Corporation Act Bank Austria Cayman Islands Ltd., Georgetown

100.0

Bank Austria Creditanstalt Aktiengesellschaft, Vienna Bank Austria Creditanstalt d.d. Ljubljana, Ljubljana

100.0

77.5

USD

308,952

41,044

EUR

6,162,220

243,494