Board of Directors Resolution

EFG Hermes Holding Board of Directors Resolutions

Cairo, Thursday 01/10/2015: 

EFG Hermes Board of Directors approved in its meeting held yesterday 30/09/2015 at 3:00 pm, the following:

Decreasing the Company's issued capital from EGP 3,259,255,500 to EGP 3,074,472,890 with an amount of EGP 184,782,610 through cancelling 36,956,522 of treasury shares with a par value of EGP5 for every share. An EGM will be called for shortly to approve the capital decrease.

The meeting ended at 4:00 pm.

For further information:

Investor Relations Department

Email: investor-relations@efg-hermes.com

Tel: +20 (0)2 35356710

Fax: +20 (0)2 3535 7017

Head of Investor Relations - Hanzada Nessim

Email: hnessim@efg-hermes.com

Tel: +20 (0)2 35356502

Fax: +20(0)2 3535 7017

www.efg-hermes.com