Statement re Abraaj Capital

24 Jul 2006 11:01

EFG-Hermes Holdings SAE24 July 2006 LETTER TO: RNS EFG-Hermes Holding S.A.E Press Release EFG-Hermes Holding has received an offer from Abraaj Capital, a company based inUAE, to subscribe to a capital increase in EFG-Hermes Holding by issuing anadditional 95,833,333 regular shares at EGP30 per share amounting to a total ofEGP2.875 billion. This offer is pending the approval of EFG-Hermes Holding'sBoard of Directors, its general assembly as well as the relevant regulatoryauthorities. From: Nermeen Ameen, CFA Head of Business Planning and Investor Relations nameen@efg-hermes.com This information is provided by RNS The company news service from the London Stock Exchange