Perú: Economic Performance for Investors

1. Perú: Economic Performance and Perspectives Ministerio de Economía y Finanzas October, 2009

2. Devaluation since 01/09/08 Reserves / GDP 2008 Because of our macroeconomic strength Source: BCRP

3. Source: LatinFocus Regional Growth (Annual percentage change, in real terms) Regional Inflation ( Annual percentage change of CPI) Consensus: Peru outperforms in the real sector

4. Financial System Structure Big Size Banks Medium Size Banks Small Size Banks Rural S&Ls Financial Companies Assets 39,218 3,989 2,381 219 433 384 291 Share of total 84% 9% 5% 0% 1% 1% 1% Liquid Assets 37% 24% 22% 16% 21% 10% 7% Net Loans 56% 67% 68% 77% 71% 82% 83% Deposits - With the public 66% 57% 55% 63% 62% 0% 0% - Financial System 6% 7% 5% 3% 2% 0% 10% Due to Banks 12% 17% 14% 12% 17% 72% 52% Bonds 4% 3% 3% 0% 0% 0% 15% Saving and Credit Cooperative Local Government S&Ls Source: SBS, September 2008

5. Low interest rates favor investment Source: Bloomberg Domestic Currency Sovereign Yield Curve (Percentage)

8. Forecast & Long Term

9. Sustainable external accounts balance

10. Public investment important role Source: MEF Overall Demand and Supply (Annual percentage change, in real terms)

11. Operations of the Non-Financial Public Sector (As a percentage of GDP) Anti-Crisis Plan (US$ 2,500MM) Financing Plan Fiscal stimulus: public investment