www.cmcics.com

CM-CIC Securities is fully owned by Crédit Mutuel-CIC, France’s second-largest banking network, with 5.020 branches, 57.000 employees, and 15 million clients. The CM-CIC Group has a share group equity of € 20.5 billion and share group profit of € 2.4 billion. CM-CIC Group is the first non life bank insurer, the fourth in the life business. CM-CIC Securities activities address all the needs of institutional investors, corporate and private fund managers. CM-CIC Securities is broker-clearer but also a custodian for independent fund management companies. As a broker clearer, CM-CIC Securities is active on equities, derivatives and corporate bonds. A marketing support team also helps to promote sales by organising nearly 450 events every year, both in France and abroad. The close collaboration between 30 analysts and 60 sales staff makes this organisational structure highly efficient. The research department now covers more than 250 French stocks. CM-CIC Securities also offers trading services on Eurex & Liffe (for derivatives) and is majority owner of ESN North America. Working in teams is essential to serve customers better, by constantly personalising the services offered and by giving customers access to the European market. To this end, CM-CIC Securities joined ESN to offer pan-European research and execution. In order to keep up with the faster pace of this business, CM-CIC Securities set up CM-CIC Emetteur, a specific department to serve corporate clients: communication agency, management of general assembly, financial services and management of the book of registered shares, underwriting and placement. The Issuing department's task is to help corporate clients at all stages of their stock market existence, from their IPO to any further market operation. CM-CIC Securities keeps its clients up-to-date with market sentiment enabling them to adjust their financial communication. It also undertakes market making functions. The Financial Communications department offers its corporate clients a global service covering all their communication needs once they are listed: advice, follow-up, press relations, recommendations, publications and training courses on public speaking. It builds on CM-CIC Securities focus on medium-sized stocks