Invitation to the Ordinary Gen. Assembly Meeting

TRANSLATION

Invitation to the Ordinary General Assembly Meeting EFG-Herms Holding S.A.E

The Chairperson of EFG-Hermes Holding S.A.E., an Egyptian joint stock Company with authorized capital of EGP 3.2 billion (EGP three billion and two hundred million) and issued capital of EGP 1.91357 billion (EGP one billion nine hundred thirteen million five hundred and seventy thousand), registered under no. 64214 at Giza Commercial Registry, kindly invites the shareholders of the Company to attend its Ordinary General Meeting , at 9 am on Monday June 14,2010 in the Joy Club Ballroom at the Movenpick Pyramids Hotel, Giza, to discuss the following items of the agenda:

1. Ratification of the Board of Directors' report for the quarter ending 31/3/2010;

2. Ratification of the auditor's (K.PMG - Hazem Hassan) report on the Financial Statements for the quarter ending 31/3/2010;

3. Ratification of the Financial Statements for the quarter ending 31/3/2010;

4. Approval of the appropriations account for the quarter ending 31/3/2010;

In this respect, please note the following:

First: Each shareholder has the right to attend the General Meeting either in person, or by delegating another shareholder who is not a board member. Delegation, to be valid, must be stated in a written proxy, and no shareholder, except for juridical persons, shall be entitled to represent, by proxy, a number of votes exceeding 10% of the total shares of the Company's capital and not to exceed 20% of the shares represented in the meeting.

Second: Shareholders who wish to attend the General Meeting must submit a statement of their shares deposited with a custodian , confirming that the balance of shares deposited have been temporarily blocked for purpose of attending the meeting.

Third: Any questions regarding the issues reviewed by the Ordinary General Meeting must be submitted in writing to Company's Management at the Head Office, either by registered mail or by hand delivery against receipt, at least three days prior to date of the General Meeting. Discussion in the General Meeting shall be limited to the issues contained in the agenda.

Fourth: Resolutions of the Ordinary General Meeting shall be issued by absolute majority of shares represented in the meeting.

Fifth: In case the quorum for holding an ordinary general meeting as set out in the Company's Statutes is not reached, the meeting will be held at 9:30am at the same venue.

Sixth: Attendance of the meeting is restricted to shareholders with no accompanying guests. We would like to ask the shareholders to arrive half an hour before the designated meeting time to allow for registration of attendance.

Mona Zulficar

Chairperson of the Board of Directors