Completes 76.7% Acquisition of Tanmeyah

EFG Hermes Completes the Acquisition of 76.7% of Egypt's Leading Microfinance Player "Tanmeyah"

Cairo, March 3rd, 2016: EFG Hermes announces that the company has completed today the acquisition of 76.7% stake in "Tanmeyah", after receiving regulatory approvals and the fulfilment of conditions precedent, in a deal worth EGP345 million.

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