Investor Presentaiton

THE GOVERNMENT OF THE GRAND-DUCHY OF LUXEMBOURG Ministry of Finance ASW 70 50 30 10 -10 -30 -50 7: DEBT MANAGEMENT LGB 2,25% 2022 ASW compared to other euro-zone sovereign issuers LGB 3/22 DBR 7/22 سلالته RFGB 9/22 NETHER 7/22 RAGB 4/22 ولة -70 06/12 08/12 10/12 12/12 02/13 04/13 06/13 Source: Bloomberg Investor Presentation, June 2013 33 of 40

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