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6 Jul 2010 07:00
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Press Release
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CAIRO, July 5th, 2010
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The Commercial International Bank (Egypt) S.A.E. announced today that it will increase its issued and paid-up capital from EGP 2,950,721,800 to EGP 5,901,443,600 by capitalizing on its general reserve and a portion of its legal reserve based on the Bank's financial position as of 31 December 2009. The amount of increase of EGP 2,950,721,800 will be distributed among 295,072,180 free shares. The decision was concluded during the Board of Directors' meeting held on 12 May 2010 based on the delegation of the Extraordinary General Assembly held on 17 March 2010.
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The free stock dividends will be disbursed as one free share for every outstanding share up to the closing of the trading session of Wednesday, 14 July 2010. The free shares will be distributed on Thursday, 15 July 2010 through Misr for Central Clearing, Depository and Registry.
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End of Release-------------------------------------
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ŁŲ³Ų±Ų§ŁŲØŁŁ Ų§ŁŲŖŲ¬Ų§Ų±Ł Ų§ŁŲÆŁŁŁ (Ł ŲµŲ±) Ų“.Ł .Ł Ų£Ł ŁŲ¹ŁŁ ŁŁŲ³Ų§ŲÆŲ© Ų§ŁŁ Ų³Ų§ŁŁ ŁŁ Ų£ŁŁ Ų·ŲØŁŲ§Ł ŁŁŲ±Ų§Ų± Ł Ų¬ŁŲ³ Ų§ŁŲ„ŲÆŲ§Ų±Ų© Ų§ŁŁ ŁŲ¹ŁŲÆ ŲØŲŖŲ§Ų±ŁŲ® 12/5/2010 ŁŲ§ŁŲ¬Ł Ų¹ŁŲ© Ų§ŁŲ¹Ų§Ł Ų© ŲŗŁŲ± Ų§ŁŲ¹Ų§ŲÆŁŲ© ŁŁ 17/3/2010 Ų£ŁŁ ŲŖŁŲ±Ų± Ų²ŁŲ§ŲÆŲ© Ų±Ų£Ų³ Ł Ų§Ł Ų§ŁŲØŁŁ Ų§ŁŁ ŲÆŁŁŲ¹ Ł Ł 721,800Ų950Ų2 Ų¬ŁŁŁ Ł ŲµŲ±Ł Ų„ŁŁ 443,600Ų901Ų5 Ų¬ŁŁŁ Ł ŲµŲ±Ł ŲØŲ²ŁŲ§ŲÆŲ© Ł ŁŲÆŲ§Ų±ŁŲ§ 2Ų950Ų721Ų800 Ų¬ŁŁŁ Ł ŲµŲ±Ł ŁŁ ŁŲ²Ų¹Ų© Ų¹ŁŁ Ų¹ŲÆŲÆ 295Ų072Ų180 Ų³ŁŁ Ł Ų¬Ų§ŁŁ ŁŲ°ŁŁ ŲŖŁ ŁŁŁŲ§Ł Ł Ł Ų§ŁŲ§ŲŲŖŁŲ§Ų·Ł Ų§ŁŲ¹Ų§Ł ŁŲ¬Ų²Ų” Ł Ł Ų§ŁŲ§ŲŲŖŁŲ§Ų·Ł Ų§ŁŁŲ§ŁŁŁŁ ŁŁŁŲ§Ł ŁŁŁ Ų±ŁŲ² Ų§ŁŁ Ų§ŁŁ ŁŁŲØŁŁ ŁŁ 31/12/2009.
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