Overview 2005

• Consolidated net income before taxes up by 86.3% to € 282.6 million
• Increase in equity to € 1,764 million
• Growth in assets under management to € 123 billion
• Acquisition of BHF-BANK AG at the turn of the year 2004/2005 and successful launch of the two-bank strategy
• Voted best private bank in Germany according to ”Euromoney“ finance magazine survey
• Representative office opened in Prague
• Takeover of 30 M&A specialists from Ernst & Young and establishment of Sal. Oppenheim jr. & Cie. Corporate Finance (Switzerland) Ltd.
• 100% takeover of Services Généraux de Gestion S.A., Luxembourg
• Strategic partnership with JPMorgan in real estate investment banking
• ”Golden Bull“ award for invention of TWIN-WIN certificates from economics magazines ”€URO/FINANZEN“ and ”EURO am Sonntag“
• Sal. Oppenheim awarded best issuer of bonus certificates by ”ZertifikateAwards“ jury
• One of the largest real estate transactions of 2005 in Germany: advising the Fortress Investment Group in its acquisition of Lower Saxony-based NILEG, one of the largest real estate companies in northern Germany
• European Lipper Award for Oppenheim Pramerica: for the second year in a row awarded as ”Best Fund Group over three years“ in the ”Bond Group – Small“ category

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