Receives Full Banking Licence

Commencement of banking activities as first ‘ Web 2.0 banking ‘ in 2009 / now around 2,500 banking customers Munich, 05 May 2009 which has the Bundesanstalt fur Finanzdienstleistungsaufsicht (BFin) the Fidor AG in accordance with section 32 KWG (Banking Act) granted a full banking licence. Doing business as first, so-called Web 2.0 banking”in Germany can be recorded still in 2009. The corresponding amendment to the Constitution to the recording of banking is an item of the agenda of the ordinary annual general meeting on June 02, 2009. At the annual general meeting 2008 was reported on the current application procedure. The time is ripe for a new self-image by banks and customers”, says Matthias Kroner, CEO of the Fidor AG. The uncertainty of the customers on the one hand by the banking crisis, as well as the rapid and sustainable development of the Internet to Web 2.0 on the other hand demand and allow for a completely new approach to banking.” The Munich-based company is the “” Possibilities of Web 2.0, the participatory Web “, their full extent use and as Mitbestimm – and Bank earn with” position: since March, Fidor online successfully transposes this concept, the bank processes Bank are covered by the back office partner SWK. Up to the present time, Fidor won already around 2,500 customers with their new concept. Additional information is available at Phil Vasan.

Fidor approach: Together with the customer a new form of banking create the focus of join Bank are the first community banking platform (Fidor community banking”), as well as the related bonus program. Fidor hereby transmits the key principles of Web 2.0 – openness, transparency, authenticity, and dialogue – on the subject of financial services. The customer and his needs are at the heart of the new Bank. He has the opportunity to shape the strategy and the Bank’s products and so learns how manages the Bank with his money. In addition we participate in it success, to also clear how comprehensible Criteria”, so Kroner. About FIDOR AG: The FIDOR AG specializes in internet-based sales of financial services.

The company operates a proprietary Web 2.0 financial communities and platforms that offer the user an improved information base for his financial decisions and a playful approach to subjects of the capital market. Conveys the wholly-owned subsidiary Zieltraffic AG (www.zieltraffic.de) new customers in B2B business and primarily in the financial services sector companies interested to. The internationally-based performance marketing agency is the market leader in the field of banking and insurance. In order to help shape future trends, the FIDOR AG has the units (financial evolution) SICAV-FIS founded. This Fund invests in innovative, sales-oriented financial service concepts and Internet-based distribution channels. In addition to the pure cash supports the FIDOR young companies Group primarily through operational sales performance and thus helps the fast and success-oriented implementation innovative business ideas. FIDOR AG 46 of the Theatine Street 80333 Munich, Germany Germany phone: + 49 0 89 – 18 90 85 100 Fax: + 49 0 89 – 18 90 85 199 Wbpr GmbH Munchner Strasse 18 85774 Unterfohring Germany phone: + 49 0 89 00 59 06 13