KBW Indices Profile

Large-Cap (BKX)

Regional (KRX)

Insurance (KIX)

Capital Markets (KSX)

Mortgage Finance (MFX)

Performance

29-Jul-2010

						Rolling Returns
Ticker	Day Return (%)	Week Return (%)	MTD Return (%)	QTD Return (%)	YTD Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)
Global
SGFS	0.32	4.36	12.31	12.31	(1.29)	13.46	(16.70)	(4.46)
KGX	0.64	5.08	17.21	17.21
U.S.
SP500	(0.40)	0.74	7.00	7.00	(0.12)	15.28	(6.84)	(0.18)
BKX	0.02	2.36	5.78	5.78	14.73	27.27	(20.33)	(10.63)
KRX	(0.03)	3.45	3.86	3.86	8.30	20.10	(14.23)	(10.67)
KIX	1.74	2.56	9.40	9.40	11.86	33.96	(9.05)	(2.82)
KPX	0.47	0.91	4.03	4.03	5.52	19.39
KSX	0.61	1.78	8.09	8.09	(8.11)	(1.68)	(18.75)	(5.06)
KYX	(0.41)	2.14	6.63	6.63	19.44	55.64
MFX	0.67	2.04	5.66	5.66	1.70	7.88	(36.37)	(25.79)
Europe
E300	(0.37)	0.77	5.49	5.49	2.90	19.23	(8.08)	1.29
SXXP	(0.36)	0.79	5.44	5.44	3.68	20.46	(8.20)	1.47
KEBI	(0.58)	6.96	17.10	17.10	5.41	17.83
KMBI	0.56	6.39	19.89	19.89	(2.41)	6.84
SX7P	(0.71)	6.00	15.62	15.62	2.86	15.79	(19.74)	(6.83)
KEII	0.23	3.60	8.40	8.40	4.34	19.11
SXIP	0.06	3.79	9.04	9.04	4.15	19.78	(13.25)	(2.44)
KMFI	0.09	2.99	7.08	7.08	5.96	15.93
KEEI	0.41	2.08	10.47	10.47	13.74	64.36

Source: Bloomberg and KBW.

KBW Index performance compared with the S&P in the U.S. and E300, SXXP, SX7P, and SXIP in Europe over the years. For KBW indices, historical prices of each index was calculated with the base year of December 31, 1991 while calculating the total returns. Past performance is not necessarily indicative of future results.

The following indices: U.S.: KBW Bank Index (BKX), KBW Insurance Index (KIX), KBW Capital Markets Index (KSX), KBW Regional Banking Index (KRX), KBW Mortgage Finance Index (MFX), KBW Property & Casualty Index (KPX), KBW Premium Yield Equity REIT Index (KYX); Europe: KBW Large-Cap Banks Index (KEBI), KBW Mid/Small Cap Banks Index (KMBI), KBW Large-Cap Insurance Index (KEII), KBW Miscellaneous Financials Index (KMFI), KBW Emerging Europe Financials Index (KEEI); and Global: KBW Global Financials Index (KGX) are the property of Keefe, Bruyette & Woods, Inc. (KBW). KBW does not guarantee the accuracy or completeness of the Index, makes no express or implied warranties with respect to the Index and shall have no liability for any damages, claims, losses or expenses caused by errors in the index calculation. KBW makes no representation regarding the advisability of investing in options on the Index.

This communication is not an offer to sell or a solicitation to buy the securities mentioned. The information relating to any company herein is derived from publicly available sources and Keefe, Bruyette & Woods, Inc. makes no representation as to the accuracy or completeness of such information.