ANNA numbers the world Dan Kuhnel – 18/10//07 Bishkek Oct 18, 2007.

ANNA numbers the worldANNA numbers the world Dan Kuhnel – 18/10//07

BishkekBishkek

Oct 18, 2007Oct 18, 2007


Overview of ANNA and its’ Overview of ANNA and its’ MembershipMembership

Dan Kuhnel - ChairmanDan Kuhnel - Chairman


AgendaAgenda

OverviewOverview ANNA MembersANNA Members ANNA StructureANNA Structure Working Groups/Task ForcesWorking Groups/Task Forces Annual membershipAnnual membership Benefits of membershipBenefits of membership

AppendixesAppendixes


OverviewOverview

ISIN Standard was developed in the 1970’sISIN Standard was developed in the 1970’s ANNA formed from group of ISIN ExpertsANNA formed from group of ISIN Experts ANNA founded in 1992 by 22 National Numbering AgenciesANNA founded in 1992 by 22 National Numbering Agencies ANNA <> ISO: interactive relationshipANNA <> ISO: interactive relationship 15 years of membership growth15 years of membership growth Formation of ASB as single ISIN database for all NNAsFormation of ASB as single ISIN database for all NNAs Registration Authority for ISIN, CFI and FISNRegistration Authority for ISIN, CFI and FISN

Recent development: China assumes ISIN allocation functionality in their Recent development: China assumes ISIN allocation functionality in their region (12 Oct)region (12 Oct)


ANNA MembersANNA Members

Total full ANNA memberships (as of 30 Sept 2007): 73 National Numbering Total full ANNA memberships (as of 30 Sept 2007): 73 National Numbering Agencies;Agencies;

ANNA Partners (as of 30 Sept 2007): 19 organisationsANNA Partners (as of 30 Sept 2007): 19 organisations ISIN coverage of 104 countriesISIN coverage of 104 countries

Overview of Membership by BusinessOverview of Membership by Business

Stock ExchangesStock Exchanges 2222

Data VendorsData Vendors 33

CSDs/ICSDsCSDs/ICSDs 4141

Regulatory BodiesRegulatory Bodies 33

Central BanksCentral Banks 44

TotalTotal 7373


Algeria *Algeria * HondurasHonduras AzerbaijanAzerbaijan Kenya*Kenya*Bangladesh *Bangladesh * Mauritius *Mauritius *Botswana *Botswana * NicaraguaNicaraguaCameroonCameroon Swaziland *Swaziland *Cape VerdeCape Verde TanzaniaTanzaniaCentral Africa **Central Africa ** Uganda *Uganda *El SalvadorEl Salvador UEMOA **UEMOA **Ghana *Ghana * Zambia *Zambia *

Zimbabwe *Zimbabwe *

* Hand-over process for ISIN numbering has been finalized* Hand-over process for ISIN numbering has been finalized** Perform function on behalf of several countries** Perform function on behalf of several countries

ANNA PartnersANNA Partners


ANNA MEMBERSHIP

ANNA BOARDASB BOARD ANNA

SECRETARIAT

WORKING GROUPS

TASK FORCES

ANNA StructureANNA Structure

ANNA PARTNERS


ANNA BoardANNA BoardANNA BoardANNA Board

• Task ForceTask Force• ConvenorConvenor• MembersMembers

• Working GroupWorking Group• ConvenorConvenor• MembersMembers

General MeetingGeneral MeetingGeneral MeetingGeneral Meeting

ProposalProposalProposalProposal

PreparesPreparesproposalproposalAppointmentAppointment AppointmentAppointment

Set-up procedure ofSet-up procedure ofWorking Groups (WG) / Task Forces (TF)Working Groups (WG) / Task Forces (TF)


ANNA BoardANNA BoardANNA BoardANNA Board WG /TF WG /TF ConvenorConvenorWG /TF WG /TF ConvenorConvenor WG /TF WG /TF WG /TF WG /TF

General MeetingGeneral MeetingGeneral MeetingGeneral Meeting

1. Proposes1. Proposes

2. Initial Report2. Initial Report

2. Initial Report2. Initial Report

3. Agenda for 3. Agenda for meetingsmeetings

4. Results of 4. Results of meetingsmeetings

Reporting ofReporting ofWorking Groups (WG) / Task Forces (TF)Working Groups (WG) / Task Forces (TF)


Annual MembershipAnnual Membership

Membership fees EUR 2,500 per full member NNAMembership fees EUR 2,500 per full member NNA ANNA Board assess revenue and adjust annual fees accordingly ANNA Board assess revenue and adjust annual fees accordingly

Most industry associations require an annual membershipMost industry associations require an annual membership ANNA fees are modest in comparison to other associations (e.g. ANNA fees are modest in comparison to other associations (e.g.

SIIA/FISD, ICMA, ECSDA, ACSDA etc);SIIA/FISD, ICMA, ECSDA, ACSDA etc); Fees are levied irrespective of market size, number of ISINs generated Fees are levied irrespective of market size, number of ISINs generated

or type of organisation;or type of organisation; Fees are primarily used to cover administrative expenses incurred Fees are primarily used to cover administrative expenses incurred

running the association;running the association; Board members travel and expenses are covered by individual Board members travel and expenses are covered by individual

organisations (except specific event representation).organisations (except specific event representation).


Benefits of MembershipBenefits of Membership

Being recognised globally as a full ANNA memberBeing recognised globally as a full ANNA member

Presents the ability to participate in a truly global association;Presents the ability to participate in a truly global association; Presents opportunities to be involved in the development of international standards Presents opportunities to be involved in the development of international standards

that will have a direct impact on your local market;that will have a direct impact on your local market; ANNA members are actively involved not only in ISIN and ISIN related matters but ANNA members are actively involved not only in ISIN and ISIN related matters but

also the development of CFI, FISN and IBEI – all important security identifiers for the also the development of CFI, FISN and IBEI – all important security identifiers for the future.future.

Standards drive market efficiency, clearing and settlement and STP automationStandards drive market efficiency, clearing and settlement and STP automation Over the last 10 years, ISIN has been adopted as the security identification standard Over the last 10 years, ISIN has been adopted as the security identification standard

for clearing and settlement in Europe;for clearing and settlement in Europe; 73 current members share this vision.73 current members share this vision.



The NNA’s local market will gain more visibility in a global The NNA’s local market will gain more visibility in a global environment;environment;

Due to agreements amongst all NNAs, each NNA will have Due to agreements amongst all NNAs, each NNA will have unrestricted access to all other member ISINs and agreed data unrestricted access to all other member ISINs and agreed data elements;elements;

Local market participants will have easier and faster access to Local market participants will have easier and faster access to the exchange of ISINs;the exchange of ISINs;



Possibility to share experience, knowledge and know-how Possibility to share experience, knowledge and know-how among ANNA’s members which is achieved via Country among ANNA’s members which is achieved via Country Reports, Regional reports and Working Group reports;Reports, Regional reports and Working Group reports;

NNAs contribute to each other’s growth, development and NNAs contribute to each other’s growth, development and improvements;improvements;

Right to attend, vote and speak at Ordinary and Extraordinary Right to attend, vote and speak at Ordinary and Extraordinary General Meetings.General Meetings.



The ANNA Board members’ strongly believe in the merits The ANNA Board members’ strongly believe in the merits and goals of ANNA as a and goals of ANNA as a truly globaltruly global association. association.

We constantly strive to produce value to the ANNA We constantly strive to produce value to the ANNA members through information sharing, promotion of the members through information sharing, promotion of the efforts of ANNA and apply the association’s missions, efforts of ANNA and apply the association’s missions,

visions and values to all aspects of its operation.visions and values to all aspects of its operation.


Appendix A

ANNA Mission Statement

ANNA, (the “Association of National Numbering Agencies”), is ANNA, (the “Association of National Numbering Agencies”), is fully committed to proactively promoting, implementing, fully committed to proactively promoting, implementing, maintaining and making available, standards for securities maintaining and making available, standards for securities and related financial instruments, in a uniform and accurate and related financial instruments, in a uniform and accurate structure for the benefit of their home markets and of the structure for the benefit of their home markets and of the securities industry as a whole.securities industry as a whole.


Appendix B

ANNA Abbreviations

ISIN – International Securities Identification NumberANNA – Association of National Numbering AgenciesCFI – Classification of Financial InstrumentsASB – ANNA Service Bureau Advisory BoardNNA – National Numbering AgencyFISN – Financial Instrument Short NameISO – International Standards Organisation

ANNA numbers the world Dan Kuhnel – 18/10//07 Bishkek Oct 18, 2007.

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