Erste ADRIATIC EQUITY
Fund's Identity Card

Fund name: Erste ADRIATIC EQUITY
Fund type: equity fund
Date of Fund establishing: 11.10.2005
Fund currency: EUR
Minimum investment amount: HRK 400 or HRK 100 in case the investing represents an investment plan respectively

Investment goal of the Fund:Investment goal of the Fund is to increase the unit value for a longer period of time. Fund assets will be exposed to an aimed ratio of 60% towards the securities market of the Republic of Croatia, member countries of OECD and EU, United States of America and Serbia, Bosnia and Herzegovina, Montenegro, Albania, Macedonia and Ukraine.

The Fund is aimed for investors who expect higher yields to the invested assets and who are ready to invest their assets for a longer period of time, have higher tolerance to risk and are ready to accept a risk, such as investing into securities.
Recommended time of investment: more than two years 

Admission Fee: non applicable
Exit Fee: for investments above 2 years there is no exit fee.  
- for investment up to 6 months the fee is 3%,
- for investment from 6 months and more, but less than 1 year the fee is 2%,
- for investment from one year and more, but less than 2 years the fee is 0.5%
Management Fee: 2.00% of the net assets per year
Deposit Bank Fee: 0.30% of the fund net assets per year

Fund assets net value as of 31.12.2007:   HRK 1,651,247,10.48
Unit price as of 31.12.2007:                          EUR   188.71
Yield for the past year :                                                33.69%
Yield for the past two years :                                      38.03%
Yield from the establishment per year:                    33.08%

Diagram of Fund unit price movements from the establishing of the Fund:

* Share values are accessible as of 11.10.2005.

Outline of 10 major Fund positions:

* (category I) Banks with the assets more than Kn 10 Bn 
* (category II) Banks with the assets more than Kn 1 Bn, and less than Kn 10 Bn
* (category III) Banks with the assets less than Kn 1 Bn

Overview of the Fund asset exposure as per type of shares:

Exposure of Fund assets as per non-listed shares:

Overview of the fund assets per currencies:

Overview of securities portfolio Fund assets per sector::