Popolare Bari Mortgages S.r.l

The net proceeds of the offering of the notes will be applied by the issuer to fund the purchase of a
portfolio of monetary claims arising under residential mortgage loans originated by Banca Popolare
di Bari S.c.p.A., which is visiting the securitization market for the first time.

As of 30 June 2009 the Banca Popolare di Bari Group had more than 335.000 retail clients, more than
53.000 corporate clients, and about 2.260 employees. It plays a key role among financial institutions
in the southern Italian regions, in particular in Puglia, Campania and Basilicata. In recent days the bank
has expanded into the central region of Italy via the purchase of the majority stake of Cassa di Risp-
armio di Orvieto.

Criteria for inclusion in the portfolio include: mortgage loans deriving from loan agreements governed
by Italian law; mortgage loans guaranteed by mortgage on residential real estate that are located in
Italy; loans granted to persons living in Italy; loans entered into with natural persons outside of their
business activity; loans with at least an installment has been paid.

The portfolio consists of 6,370 mortgage loans advanced to 6,369 borrowers. The average current
balance is Eur394,503 and the largest current loan is Eur2.657mln (representing 0.67% of total curr-
ent balances). The top 10 largest borrowers account for 2.11%, and the top 50 for 5.58%. The
majority of the loans are at variable rates (53.53%), the rest being either fixed or a fixed/floater
combination, and over 6,000 of the loans are serviced via monthly payments.

The WA current LTV is 49.68%, and the WA seasoning is 4.07yrs. Regional concentration: South
86.78%, North 7.29%, and Central 5.93%.

Compare/contrast: Alta Padovana Finance S.r.l, BPV Mortgages 2009 S.r.l.
Alta Padovana Finance S.r.l BPV Mortgages 2009 S.r.l