Basic financing instrument of Fresenius Medical Care is the syndicated credit agreement with a revolving facility and two long term loans (Term Loan A,
Term Loan B).

In addition, bonds are used as mid and long term financing instruments. In 1996, 1998 and 2001, Fresenius Medical Care issued three subordinated bonds with five tranches in the capital markets in the US and in Europe. These bonds were issued as Trust Preferred Securities by Fresenius Medical Care Capital Trust I-V. In addition, a bond was issued in July 2007 by Fresenius Medical Care Finance III S.A. This new bond ranks senior and is unsecured.

In the European private placement market, Fresenius Medical Care issued in 2005 Euro Notes in the form of Schuldscheindarlehen with a fixed rate tranche and a floating rate tranche.

The following table provides an overview of the mid and long term financing instruments:

	Year Issued	Amount in mio	Coupon %	Maturity
Credit Agreement Term Loan A	2006	$ 1,850 (1)		Mar 31, 2011
Credit Agreement Term Loan B	2006	$ 1,750 (1)		Mar 31, 2013
Senior Notes 2007-2017	2007	$ 500	6 7/8 %	Jul 15, 2017
Trust Preferred Securities IV	2001	$ 225	7 7/8 %	Jun 15, 2011
Trust Preferred Securities V	2001	€ 300	7 3/8 %	Jun 15, 2011
Notes (Schuldscheindarlehen)	2005	€ 200		Jul 27, 2009

⁽¹⁾ At the beginning before amortisation.

The revolving facility of the credit agreement with $ 1,000 million is available up to March 31, 2011.

The following chart provides an overview of the mainly mid and long term maturities of the most important financing instruments: