| Brokerage Firm |
Analyst |
| Ahorro Corporación | Irma Garrido |
| Autonomous Research | Britta Schmidt |
| Banesto Bolsa | Ignacio Soto |
| Barclays Capital | Tom Rayner |
| Bernstein | Sarah Gentlemen |
| BPI | Carlos Peixoto |
| Cai Cheuvreux | Francisco Riquel |
| Caja Madrid | Javier Bernat |
| Citigroup | Alfonso Gómez/ Ronit Ghose |
| CSFB | Santiago Lopez |
| Deutsche Bank | Carlos Berastain |
| Espirito Santo | Ignacio Ulargi |
| Evolution securities | Arturo de frias |
| Fidentiis | David Vaamonde |
| FPK | Geoff Dawes/ Benjie Creelan-Sandford |
| Goldman Sachs | Jerners Omahen/ Pawel Dziedzic |
| HSBC Securities | Carlo Di Grandi |
| Iberian Equities | Iñigo Vega |
| Ibersecurities | Mario Lodos |
| ING | Carlos García/Ignacio Ulargui |
| Invercaixa | David Fernandez |
| Ixis Securities | Cristophe Ricetti |
| JB Capital Markets, S.V. | Luis Peña |
| JP Morgan | Ignacio Cerezo |
| Keefe, Bruyette & Woods | Antonio Ramirez |
| Kepler Equities | Alejandro Ruyra |
| Macquarie | Dave Johnston |
| Merrill Lynch | Sergio Gamez |
| MF Global | Simon Maugahn |
| Morgan Stanley | Eva Hernandez |
| Nomura | Daragh Quinn |
| Norbolsa | Nagore Diez |
| Oddo Securities | Pierre-Alexandre Pechmeze |
| Redburn Partners | Jaime Becerril |
| S&P | Marco Troiano |
| Sal. Oppenheim | Sven Jansen |
| Santander | Mariano Colmenar/Alvaro Serrano |
| Societe Generale | Patrick Lee |
| UBS | Matteo Ramenghi |
| Unicredito | Tania Gold |
| Venture Finanzas | Hector Martinez Duro |
| West LB | Neil Smith |