Gesticaixa is an experienced Fund Manager in the Spanish securitisation market that initiated its activity on 1999. It is indirectly fully owned by Caja de Ahorros y Pensiones de Barcelona (“la Caixa”). The exclusive purpose of Gesticaixa is the structuring, administration and legal representation of the Funds of both ABS and RMBS established under the Spanish regulation.

Gesticaixa acts as a fund manager for all the securitisation funds issued by “la Caixa” and also acts as a fund manager for external parties including other financial institutions and corporations. Its sole purpose is to provide a complete high quality services establishing and designing new transactions, setting up the most efficient financial structure of the Fund that fulfils the seller’s particular interests as well as administering the Funds through its life. Gesticaixa is fully committed to research and innovation to increase its ability to provide more sophisticated financial structures and administration services.

Currently, Gesticaixa administers 22 securitisation funds, 9 of which are RMBS and 13 are ABS, representing a volume of approximately €16.900 millions. Since its inception, Gesticaixa has experienced a steady growth rate of 30% of its managed volume each year, affirming its position within the Spanish market.

During the last semester of 2006, Gesticaixa has registered 3 new ABS funds: GC FTGENCAT CAIXA SABADELL 1, FTA, issuance of €304,5 Mln under the FTGencat Guarantee program, GC FTPYME PASTOR 4, FTA, issuance of €670 Mln and GC FTPYME SABADELL 5, FTA, issuance of € 1.250 Mln both under the FTPYME Guarantee program.

www.gesticaixa.com