BQAD.L Regulatory News (BQAD)

April 14, 2014

Announcement by

Bank Audi s.a.l.

The Ordinary General Assembly of Shareholders of Bank Audi s.a.l. convened on April 14, 2014 and resolved to (i) approve the Bank's accounts for the year 2013 and (ii) declare a gross distribution of dividends as follows:

- To Holders of Series "E" Preferred Shares: USD 6 per share

- To Holders of Series "F" Preferred Shares: USD 6 per share

- To Holders of Series "G" Preferred Shares: USD 4 per share

- To Holders of Series "H" Preferred Shares: USD 4.5 per share

- To Holders of Common Shares: LBP 603 per share

As a result of the above, the net payable amounts (after deduction of the applicable withholding tax at the rate of 5%) are as follows:

- To Holders of Series "E" Preferred Shares: USD 5.7 per share

- To Holders of Series "F" Preferred Shares: USD 5.7 per share

- To Holders of Series "G" Preferred Shares: USD 3.8 per share

- To Holders of Series "H" Preferred Shares: USD 4.275 per share

- To Holders of Common Shares: LBP 572.85 per share

Dividends will be paid through Midclear S.A.L. starting April 16, 2014 for the holders of shares as at April 11, 2014 (Record Date), according to the records of Midclear S.A.L.

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