BQAD.L Regulatory News (BQAD)

Bank Audi SAL - Audi Saradar Group

Announcement by

Bank Audi s.a.l. - Audi Saradar Group

The Ordinary General Assembly of Shareholders of Bank Audi S.A.L. - Audi Saradar Group convened on April 12, 2010 and resolved to (i) approve the Bank's accounts for the year 2009 and (ii) declare a gross distribution of dividends as follows:

- To Holders of Series "D" Preferred Shares: USD 7.75 per share

- To Holders of Common Shares: LBP 5,276.25 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 "D" Preferred Shares: USD 7.3625 per share

- For Holders of Common Shares (after rounding): LBP 5,012.44 per share

Dividends will be paid through Midclear S.A.L. starting April 15, 2010 for the holders of shares as at April 09, 2010 (Record Date), according to the records of Midclear S.A.L.