Single Barrier Reverse Convertible on COMMERZBANK AG

Coupon 11.25%p.a. - Daily on the close Barrier at 75% - 3.5 Months - EUR

Details Redemption
Issuer EFG Financial Products
Guarantor EFG International On 24.02.2010 Client pays EUR 10'000 (Denomination)
Rating: Fitch A
Underlying COMMERZBANK AG On 31.05.2010 Client receiv es 3.25% in fine (11.25% p.a.) Coupon
Bbg Ticker CBK GY Equity
Initial Fixing Date 22.03.10 PLUS
Payment Date 29.03.10
Valuation Date 06.07.10 Scenario 1: if the Underlying has never traded on the close at or below the
Maturity 13.07.10 Barrier level
Strike Level EUR 6.301 (100%)
The Investor will receive a Cash Settlement equal to the Denomination
Barrier Level EUR 4.73 (75%)
EU Saving Tax Option Premium Component 3.08% (10.67% p.a.) Scenario 2: if the Underlying traded at least one day on the close at or below
Interest Component 0.17% (0.58% p.a.) the Barrier level
Details Physical Settlement Daily on the close Barrier a. If the Final Fixing Level is at or below the Strike Level, the Investor will
Conversion Ratio 158.7 receive a predefined round number (i.e. Conversion Ratio) of the
ISIN CH0111527369 Underlying per Denomination.
Valoren 11152736
b. If the Final Fixing Level is above the Strike Level, the Investor will receive a
SIX Symbol Not Listed
Cash Settlement in the Settlement Currency equal to: Denomination

Characteristics
Underlying_______________________________________________________________________________________________________________________________________________________

Commerzbank AG attracts deposits and offers retail and commercial banking services. The Bank offers mortgage loans, securities brokerage and asset
management services, private banking, foreign exchange, and treasury services worldwide.

Opportunities______________________________________________________________ Risks__________________________________________________________________________
1. A guaranteed Coupon of 3.25% in fine (11.25% p.a.) 1. Maximum yield is limited to 3.25% in fine (11.25% p.a.)
2. Protection against 25% drop in Underlying's price 2. Exposure to v olatility changes
3. Low er v olatility than direct equity exposure
4. Secondary market as liquid as a share
5. Optimization of EU Tax components

Best case scenario_________________________________________________________ Worst case scenario___________________________________________________________

The Underlying has nev er traded on the close below the Barrier Lev el The Underlying traded one day on the close below the Barrier Lev el and
on the Final Fixing Date closes under the Barrier Lev el
Redemption: Shares of the Underlying (With Negativ e Performance) +
Redemption: Denomination + Coupon of 3.25% in fine (11.25% p.a.)
Coupon of 3.25% in fine (11.25% p.a.)

Historical Chart
9 importer depuis la deuxieme feuille

8.5
Redemption: 100% and a Coupon of 3.25% in fine
8 (11.25% p.a.)

7.5

6.5 Strike: EUR 6.301 (100% of Spot Reference)

6
25% Protection
5.5

5
Barrier: EUR 4.73 (75% of Strike Level)

4.5 Redemption: 158.7 shares and a Coupon of 3.25%

in fine (11.25% p.a.)
4
Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10

Contacts
Filippo Colombo Christ ophe Spanier Nat hanael Gabay
Bruno Frateschi +41 58 800 10 45 Sofiane Zaiem
St anislas Perromat +41 22 918 70 05
Alejandro Pou Cut uri Live prices at www.efgfp.com
+377 93 15 11 66

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instruments mentio ned in this do cument are derivative instruments. They do no t qualify as units o f a co llective investment scheme pursuant to art. 7 et seqq. o f the Swiss Federal A ct o n Co llective Investment Schemes (CISA ) and are therefo re neither registered no r supervised by
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