License Granted

13 Dec 2007 10:33

EFG-Hermes Holdings SAE13 December 2007 EFG-Hermes Holding S.A.E Announcement EFG-Hermes Qatar Receives Investment Banking and Asset Management License from the Qatar Financial Centre Authority EFG-Hermes Qatar LLC has been granted a license by the Qatar Financial CentreAuthority (QFCA) for investment banking and asset management business, adding tothe expansion of EFG-Hermes's regional footprint. EFG-Hermes Qatar is a joint venture owned 51% by EFG-Hermes Holding and has aninitial capitalization of USD 37 million. This information is provided by RNS The company news service from the London Stock Exchange