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Last checked at 
12 Jun 2012 11:45
EFG Hermes Holding Clarification
EFG Hermes Holding "the Company" would like to clarify that the strategic alliance agreement concluded with "QInvest" does not include a penalty clause in the event of termination.
However, like any contract, if a party terminates the contract this could lead the other party to file claims for breaching the contract. And with EFG Hermes General Assembly granting its approval on the strategic alliance with QInvest, the agreement becomes binding.
Additionally, the company would like to indicate that the above does not prevent any party from submitting an offer to the Egyptian Financial Supervisory Authority (EFSA) to buy out EFG Hermes Holding shares.
Investor Relations Contacts
Tel: +20 (0)2 35356710
Fax: +20 (0)2 3535 7017
Email: investor-relations@efg-hermes.com
www.efg-hermes.com
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