Global writedowns and credit losses

 Below is a breakdown of an estimated $341 billion of credit-related writedowns and losses recorded by major
institutions since the credit crunch hit in the third quarter of 2007.

                              FIRM                            AMOUNT (in Billion USD)
Citigroup (C.N: Quote, Profile, Research)                    46.40
UBS (UBSN.VX: Quote, Profile, Research)                      36.70
Merrill Lynch (MER.N: Quote, Profile, Research)              36.8
AIG (AIG.N: Quote, Profile, Research)                        20.23
HSBC (HSBA.L: Quote, Profile, Research)                      18.70
RBS (RBS.L: Quote, Profile, Research)                        16.50
IKB (IKBG.DE: Quote, Profile, Research)                      14.73
Bank of America (BAC.N: Quote, Profile, Research)            14.60
Morgan Stanley (MS.N: Quote, Profile, Research)              11.70
Ambac (ABK.N: Quote, Profile, Research)                       9.22
Credit Suisse (CSGN.VX: Quote, Profile, Research)             9.17
Wachovia (WB.N: Quote, Profile, Research)                     8.90
MBIA Inc (MBI.N: Quote, Profile, Research)                    8.41
Washington Mutual (WM.N: Quote, Profile, Research)            8.10
Deutsche Bank (DBKGn.DE: Quote, Profile, Research)            7.35
HBOS (HBOS.L: Quote, Profile, Research)                       6.90
Bayerische Landesbank   (BLGGgg.F: Quote, Profile, Research)  6.75
Societe Generale(SOGN.PA: Quote, Profile, Research)           6.40
Mizuho Financial Group  (8411.T: Quote, Profile, Research)    6.24
JPMorgan (JPM.N: Quote, Profile, Research)                    6.05
Barclays (BARC.L: Quote, Profile, Research)                   5.20
Dresdner Bank (ALVG.DE: Quote, Profile, Research)             3.45
Bear Stearns                                                  3.40
Fortis (FOR.BR: Quote, Profile, Research)                     3.10
WestLB (WDLGgb.F: Quote, Profile, Research)                   3.10
BNP Paribas (BNPP.PA: Quote, Profile, Research)               2.70
UniCredit (CRDI.MI: Quote, Profile, Research)                 2.70
Lloyds TSB (LLOY.L: Quote, Profile, Research)                 2.6
Nomura Holdings (8604.T: Quote, Profile, Research)            2.46
DZ Bank (DGBGg.F: Quote, Profile, Research)                   2.00
Natixis (CNAT.PA: Quote, Profile, Research)                   2.00
Swiss Re (RUKN.VX: Quote, Profile, Research)                  1.85
HSH Nordbank [HSH.UL]                                         1.70
LBBW                                                          1.70
Commerzbank (CBKG.DE: Quote, Profile, Research)               1.24
Mitsubishi UFJ (8306.T: Quote, Profile, Research)             1.19
Sumitomo (8316.T: Quote, Profile, Research)                   1.19

                  Grand Total   341.23
* Estimates based on writedowns, loss provisions and trading losses from subprime securities, mortgages, CDOs, derivatives,
and SIVs.

 Sources: Reuters, company filings