IRIS The Institute for Research and Investment Services is the research unit for Rabobank and Robeco and focuses exclusively on private investors. IRIS operates as an internal service provider to Rabobank and Robeco in the fields of publishing and independent research. In December 2008, Rabobank and Robeco announced their intention to review the future status of IRIS against the background of a new set-up of investment research. IRIS employs around 30 FTEs. www.irisresearch.nl Moviq Moviq is an online platform in the housing market for both buyers and sellers who are moving house. Private individuals can search for a new home on Moviq. They can also find and share comprehensive information about buying, selling, moving, renovating and furnishing their homes. Moviq provides business clients with an effective and cross-media platform for generating reach, contacts and transactions with 'moving'consumers. On Moviq, Rabobank provides users with relevant information about financing, such as mortgages, but also about the associated insurance policies. www.moviq.nl Obvion Obvion is a joint venture of Rabobank Group and ABP (the Dutch civil service pension fund). It is a provider of mortgages and several service products, including guarantees and bridging loans. Obvion focuses exclusively on collaboration with independent brokers. Employing nearly 300 FTEs, Obvion is the largest mortgage lender in this field in the Netherlands. www.obvion.nl Orbay Orbay provides business process outsourcing and integrates customer processes and individual work flows seamlessly with its clients' front office operations. Orbay delivers state-of-the-art technology, a stable infrastructure and extensive experience in the banking sector, thereby assuming and executing the back office operations from a growing number of banks and financial institutions. Orbay combines the best of both worlds by turning economies of scale, shared facilities and knowhow into cost benefits and high-quality services. In this way, Orbay links its value chain to that of its clients. Orbay is located in Eindhoven and employs more than 90 FTEs. www.orbay.nl Rabo Real Estate Group Rabo Real Estate Group is a leading international real estate enterprise and one of the largest in Europe. It operates in the private and corporate markets and has three core activities: project development, finance and asset management. Within Rabo Real Estate Group, Bouwfonds Property Development is responsible for the development of owner-occupied houses, and MAB Development for the development of commercial real estate. Financing commercial real estate is done by FGH Bank. Bouwfonds REIM is responsible for real estate related investments. In addition to these three core activities, Rabo Real Estate Group contributes to social real estate development and financing through Fondsenbeheer Nederland. Rabo Real Estate Group employs more than 1,700 FTEs and operates in several European countries. www.raborealestategroup.com Rembrandt Fusies Overnames Rembrandt Fusies Overnames is an organisation whose core business comprises advice and assistance in sales and purchases of enterprises. Rembrandt Fusies Overnames focuses on owners of smaller and medium-sized family businesses seeking a solution for their succession, as well as on ambitious entrepreneurs planning to expand their businesses. Rembrandt Fusies Overnames employs around 30 FTEs. www.rembrandt-fo.nl Robeco Robeco was founded in Rotterdam in 1929. It provides investment products and services to approximately 700 institutional and some 1.5 million private clients around the world. Services to private individuals are provided both through banks and other distribution partners, and through direct channels. Robeco's product range includes equity and fixed-income investments, money market and real estate 19 About the Rabobank Group

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Annual Reports Rabobank | 2008 | | pagina 20