Notice of EGM

NOTICE OF

EXTRAORDINARY GENERAL ASSEMBLY MEETING

The Board of Directors of Bank Audi SAL - Audi Saradar Group invites all holders of ordinary shares to attend an Extraordinary General Assembly Meeting to be held at 10:30 a.m., on Tuesday March 2, 2010, at the Bank's Head Office located at Audi Plaza, Bab Idriss, Beirut Commercial Central District, in order to examine the following agenda:

1. A 10-for-1 split of all the Shares constituting the Bank's Capital;

2. The Increase of the Bank's Capital through the issuance of up to 1,250,000 Preferred Shares (pursuant to Lebanese Law No 308/2001) and the determination of their terms and conditions;

3. The amendment of the Bank's by-laws, including, in particular, Article 6 and Article 8 thereof, in order to reflect the actions described in items 1 and 2 above; and

4. The granting to the Chairman of the necessary powers to seek required approvals, to set deadlines and to perform all other procedures and acts in pursuit of all of the foregoing resolutions.

The Board of Directors