Cairo - June 2007

1. Investment and Good Practices in Corporate Governance Disclosure Organized by The Egyptian Institute of Directors / Egyptian Ministry of Investment / UNCTAD Corporate Governance Reform at Bank Audi s.a.l. – Audi Saradar Group Cairo - June 2007

2. Corporate Governance enhancement at Bank Audi: Objectives “Perpetuation of the Bank as a Successful Corporation” • Organizational structure at the Top ; • Oversight and Control ; • Strategy; • Responsibilities ; • Risk management and monitoring ; • Accountability; • Adequacy and Transparency of Reporting; • Succession; • Etc. Page 2

3. Corporate Governance enhancement at Bank Audi: Objectives “Perpetuation of the Bank as a Successful Corporation” • Organizational structure at the Top ; • Oversight and Control ; • Strategy; • Responsibilities ; • Risk management and monitoring ; • Accountability; • Adequacy and Transparency of Reporting; • Succession; • Etc. Page 2

4. Corporate Governance enhancement at Bank Audi: Achievements • Corporate Governance Guidelines ; • Audit Committee; • Governance and Remuneration Committee; • Executive Committee; • strategic planning and investor communications; • Risk management and monitoring; • Chart of Authorities and Delegations; • Compliance, Disclosure, Corporate Secretary; • Etc. Page 3

5. Corporate Governance enhancement at Bank Audi: Looking Ahead • Continuous and strategic effort; • Involvement and Commitment; • Costly; Long Term Value Creation Page 4

6. Corporate Governance enhancement at Bank Audi: Importance of Disclosure • Honestly showing your sincere and accurate status, condition, shape and outlook; • Pre-requisite to the long term benefit of the hard discipline that good governance imposes; • The markets judge you on the extent to which you are transparent as well as on the content of your disclosure; Page 5

7. Corporate Governance enhancement at Bank Audi: Importance of Disclosure • Board authority and responsibility; • Supported by the Audit Committee as regards • the adequacy of financial reporting, internal control and the compliance system of the Bank; • the integrity of the Bank’s financial statements and the reliability of disclosures; • the appointment, remuneration, qualifications, independence, and effectiveness of the outside auditor; • the independence and effectiveness of the internal audit function; Page 6

8. Corporate Governance enhancement at Bank Audi: Importance of Disclosure • A disclosure committee to ensure that • information is recorded, processed, summarized and timely reported; • information which might require disclosure or whose disclosure might contribute to investor confidence is identified; • disclosure is clear, accurate and presents a fair view; materiality / risks / opportunities / requirement / approval Page 7

9. Corporate Governance enhancement at Bank Audi: Challenges • Regulatory Compliance and Market Discipline; • Evaluation of the effectiveness and efficiency; • Criteria for Board evaluation; • Corporate Governance Committee to review director disclosure; • Corporate Secretary’s continuous involvement; Page 8

10. Investment and Good Practices in Corporate Governance Disclosure Organized by The Egyptian Institute of Directors / Egyptian Ministry of Investment / UNCTAD Corporate Governance Reform at Bank Audi s.a.l. – Audi Saradar Group “Euromoney 2007 Best Bank Award went to Bank Audi for its significant growth potential, its wide range of products and services, its prominent role in the consolidation of the domestic banking industry and its pioneering role in the regional expansion of leading Lebanese banks” – Euromoney June 2007 Cairo - June 2007 www.BanqueAudi.com