Analyst Research

Following analysts cover RHI AG:

Analyst	Recommen- dation	Target Price	Latest Update
Berenberg Bank, Hamburg Joh. Berenberg Gossler & Co KG Anna Patrice Tel: +49 40 350 60 308 christian.ludwig@berenberg.de	Buy	€ 20.00	4 December 2008
Crédit Agricole Cheuvreux, Vienna Alfred Reisenberger Tel: +43 1 22 712 70 00 areisenberger@cheuvreux.com	Outperform	€ 31,10	3 October 2008
Deutsche Bank AG, Vienna Christian Bader Tel: +43 1 531 81 156 christian.bader@db.com	Hold	€ 18.00	17 October 2008
ERSTE Bank der österreichischen Sparkassen AG, Vienna Franz Hörl Tel: +43 (0) 50100 18506 franz.hoerl@erstebank.at	Buy	€ 19.00	21 November 2008
Equita S.I.M. SpA, Milan (formerly Euromobiliare) Massimo Bonisoli Tel: +39 02 6204 271 m.bonisoli@equitasim.it	Neutral	€ 20.00	30 October 2008
Raiffeisen Centrobank AG, Vienna Klaus Küng Tel.: +43 1 51520 158 kueng@rcb.at	Buy	€ 35.50	1 July 2008
Bank Sal. Oppenheim jr. & Cie (Österreich) AG, Vienna Christine Reitsamer Tel: +43 1 518 66 2710 christine.reitsamer@oppenheim.at	Neutral	€ 16.70	29 October 2008
UniCredit CAIB AG, Vienna Alexander Hodosi Tel: +43 (0) 50505-82359 alexander.hodosi@caib.unicreditgroup.eu	Hold	€ 15.60	7 November 2008

Investor Relations