BQAD.L Regulatory News (BQAD)

April 7, 2015

Announcement by

Bank Audi sal

The Ordinary General Assembly of Shareholders of Bank Audi sal convened on April 7, 2015 and resolved to (i) approve the Bank's accounts for the year 2014 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 6 per share

- To Holders of Series "H" Preferred Shares: USD 6.5 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 5.7 per share

- To Holders of Series "H" Preferred Shares: USD 6.175 per share

- To Holders of Common Shares: LBP 572.85 per share

Dividends will be paid through Midclear S.A.L. starting April 15, 2015 for the holders of shares as at April 14, 2015 (Record Date), according to the records of Midclear S.A.L.

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