EFG Hermes Reports EGP 188 mn Net Profit in 2Q2014, Best Quarterly Earnings Since 1Q2010

Impressive growth in Investment Bank operations together with sharp emphasis on cost control has generated EGP147 million in profits, accounting for 78% of the Group’s profitability

Statement from the Board of Directors of EFG Hermes Holding S.A.E. Regarding Report of Independent Financial Advisor

(Cairo, Egypt) — The Board of Directors of EFG Hermes Holding S.A.E. (“EFG Hermes” or the “Company”), the leading investment bank in the Arab world, issued yesterday the following statement after having received a report prepared by an independent financial advisor on the fair value of the Company’s shares :

Statement from the Board of Directors of EFG Hermes Holding S.A.E.

The Board of Directors of EFG Hermes Holding S.A.E. (“EFG Hermes” or the “Company”) convened today, 26 June 2014, to discuss the reports prepared by the advisors it appointed with regards to a tender offer submitted by New Egypt Investment Fund B.V., Beltone Financial Holding S.A.E. and Beltone Capital Holding for Financial Investments S.A.E. (hereinafter referred to as “the Consortium”) to acquire 20% of the issued shares of EFG Hermes, as announced on 20 June 2014.

Top-Ranked EFG Hermes Asset Management Fortifies its Position as the Fund Manager of Choice in the Arab World with Stellar Performance Across All Asset Classes

EFG Hermes Asset Management has received a number of prestigious regional awards in 2014 for its ability to deliver consistently superior returns across a broad and diverse product spectrum that encompasses sector, sub-sector, single-country and regional funds

EFG Hermes Appoints an Independent Financial Advisor to opine on the fair value of the stock and the fairness of the offer

Statement from the Board of Directors of EFG Hermes Holding S.A.E.

(Cairo, Egypt) — EFG Hermes, the leading investment bank in the Arab world, issued today the following statement:

EFG Hermes Reports Strong Recovery in Investment Bank Operations, Driving Nearly Three-Fold Rise in Group Profits to EGP 119 mn in First Quarter of 2014

Recovery in revenues together with cost optimization strategy help Investment Bank post EGP 60 mn net profit in 1Q2014

Ongoing Restructuring Effort Sees EFG Hermes Swing to Normalized 4Q2013 Profit; Non-Cash Charges from Balance Sheet Clean-Up Cause Impact Statutory Bottom Line

The Group reports a 302% Y-o-Y increase in net operating profit in 4Q, with both the Investment Bank and the Commercial Bank being profitable. The firm reports a normalized net profit of EGP 96 million in the final quarter of 2013.

Ongoing Restructuring Effort Sees EFG Hermes Swing to Normalized 4Q2013 Profit; Non-Cash Charges from Balance Sheet Clean-Up Cause Impact Statutory Bottom Line

The Group reports a 302% Y-o-Y increase in net operating profit in 4Q, with both the Investment Bank and the Commercial Bank being profitable. The firm reports a normalized net profit of EGP 96 million in the final quarter of 2013.

New Suite of Smart Trading Apps Provide EFG Hermes Securities Brokerage Clients with the Region's Best Real Time Multimarket Functionality

EFG Hermes Securities Brokerage clients across the region can now track and trade stocks in multiple markets across the region on their iPhone, iPad and Android devices in real time at any location.