Warrants and Certificates as of 2006: Prospectuses and Supplements

Public offers of securities which require a prospectus and which are issued under the issuance programme which is subject of the base prospectus published on the following website are offered exclusively to investors residing in one of the member states mentioned under the respective issuance programme below and in no case to US persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) (“Offer States”).

Warrants Programme

Certificates Programme