| Arete | Steve Malcolm |
| Cheuvreux | Odon de Laporte |
| Citigroup | Dimitri Kallianiotis |
| CM-CIC | Vincent Griffon |
| Crédit Suisse | David W. George |
| Dexia | Rob Goyens |
| Dresdner Kleinwort | John Davies |
| Enders Analysis | François Godard |
| Exane BNP Paribas | Nicolas Didio |
| Execution Research | Richard Edwards |
| Fortis | Bertrand Laport |
| Goldman Sachs | James Sawtell |
| HSBC | Nicolas Cote-Colisson |
| JP Morgan | Raj Sinha |
| Kepler | Jerry Bellman |
| Lehman Brothers | Henrik Nyblom |
| MainFirst | Arnd Slegers |
| Merrill Lynch | Jean-Christophe Labbe |
| Morgan Stanley | Frederic Boulan |
| Natixis | Benoît Maynard |
| Newstreet Research | Russel Waller |
| Oddo Securities | David Strauch |
| Santander | Walter Vejdovsky |
| Société Générale | Stéphane Beyazian |
| UBS | Nick Lyall |
| West LB | Stephan Borscheid |