Dividend Declaration

Byblos Bank S.A.L.

Press Release - Announcement to shareholders - Dividend distribution for the year 2015

27 April 2016

The Ordinary General Assembly of Byblos Bank S.A.L. held on 26 April 2016 at the Bank's Headquarters, approved on the distribution of dividends for the year 2015 as follows:

For Common Shareholders:

§ LBP 200 per share (LBP 190 Net of 5% withholding tax)

For Preferred Shareholders:

§ Class 2008: USD 8 per share; (USD 7.6 Net of 5% withholding tax)

§ Class 2009: USD 8 per share; (USD 7.6 Net of 5% withholding tax)

Such dividends will be paid on or about 5 May 2016 after deducting the 5% withholding tax, to shareholders as at 4 May 2016 (record date), according to the records of Midclear (the Central Depository).

For GDR holders:

§ LBP 200 per share paid in US dollars through the depositary bank, The Bank of New York Mellon, after deducting withholding tax and other expenses starting 10 May 2016.