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EFG Hermes Credentials January 2014

EFG Hermes Credentials Hermes Credentials EFG Hermes: A True Regional Platform Securities Brokerage ≡Leading brokerage platform in the region = Ranked #1 in Egypt, = Leading market

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EFG Hermes Credentials

January 2014

Overview of EFG Hermes Holding

KSA Office

Established 2006

Services Securities

Brokerage

Investment

Banking

Asset

Management

Research

Employees 34

Kuwait Office

Acquisition 2008

Services Securities

Brokerage

Employees 69

UAE Office

Established 2002

Services Securities

Brokerage

Investment

Banking

Asset

Management

Private Equity

Research

Employees 103

Established 1994

Services Securities

Brokerage

Investment

Banking

Asset

Management

Private Equity

Research

Employees 561

Egypt Office

Investment

Banking

Securities

Brokerage Research Private Equity Asset Management

Qatar Office

Established 2007

Services Investment

Banking

Asset

Management

Oman Office

Jordan Office

Established 2010

Services Securities

Brokerage

Employees 16

Established 2008

Services Investment

Banking

Asset

management

Lebanon Office

Acquisition 2010

Services Retail and

Corporate

Banking

Leasing SME

Funding

Credit Libanais

Commercial

Banking

65

Current Group Structure - A Universal Banking Platform

Shareholding Structure (December 2013)

EFG Hermes Credentials

equiv EFG Hermes Holding SAE

(ldquoEFG Hermesrdquo) is the

regionrsquos premier investment

banking firm with on the

ground presence in 8

regional markets with

operations focusing on

investment banking

securities brokerage

research asset

management private equity

and commercial banking

equiv The Company employs over

808 individuals up from 30

in 1994 excluding the

commercial bank

equiv The Company has a capital

base of US$11bn and is

listed on the EGX and the

LSE with a market

capitalization of cUS$07 bn

equiv The acquisition of a 65

stake in Credit Libanais in

2010 marks the first step

towards EFG Hermesrsquo

transformation into a full

service bank in the MENA

region and will enable it to

rapidly expand into Retail

and Commercial Banking

equiv EFG Hermes has a well

diversified shareholder base

with Dubai Financial Group

as its largest shareholder

Acquisition 2008

Services Securities

Brokerage

Research

Employees 21

2

DFG 12

ADIA 7 BNYM

7

Abdel Moneim Al Rashed

8

Institutions HNWI 32

Others 35

EFG Hermes Credentials EFG Hermes A True Regional Platform

Securities Brokerage

equiv Leading brokerage platform in the region

= Ranked 1 in Egypt

= Leading market share in Dubai Abu

Dhabi Kuwait Oman Qatar Morocco

Jordan and Bahrain

= Growing market share of competitive

Saudi Arabian Market

Asset Management

equiv Largest asset manager in the region

with US$ 28 bn of AUM dedicated to

the MENA region

equiv Historically boosts the regionrsquos top

performing fund for over 5 years (EFG

Hermes MEDA Fund) and one of the

best performing in 2011 (MENA LTV)

equiv 1 Investment Banking platform in the

MENA region

= US$ 141bn in equity raised

= US$ 524bn of MampA and

= US$ 43bn of debt transactions

Investment Banking

equiv Ranked 1 in the Euromoney MENA

Research Polls in 2007 2008 2009

2011 and 2012

equiv 121 companies covered across the

MENA region

Research

3

Private Equity

equiv Over US$ 570 mn invested in 35

companies

equiv Successfully exited 25 investments

with proceeds totaling US$ 354 mn

and a realized gain of US$146 mn

EFG Hermes Credentials

equiv The Investment Banking division is the

market leader in the field of MampA advisory

and equity raising in Egypt and the Arab

world with total executions of US$708

billion

equiv Located between our two offices in Egypt

and the UAE the team is comprised of 24

individuals almost all of whom are Arabic

speakers and with a very strong regional

transactional expertise

equiv Primary responsibilities will include among

others coordinating and managing the

entire process and different work streams

ensure a timely execution of all milestones

and successful closing of the IPO

assessing and providing views on equity

capital markets valuation and pricing

advising on the appropriate structure and

timing for the IPO that meets the

objectives of the Grouprsquos shareholders

The Regionrsquos Premier Investment Banking Firm

Investment Banking Team Overview

Executions

Deals Size (US$ bn)

Deb

t

Arrangement

Bond Under-

writing 3

16

07

36

Mamp

A

Buy Side

Advisory

Sell Side

Advisory 39

40

449

75

Eq

uit

y

IPO

Private

Placements

25

40

47

73

Follow-On

andor Rights

Issue

18 21

Select Executions

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

Advisory on

Sole Financial Advisor

amp Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010

Advisory on

Sole Financial Advisor

Medium Term Debt

Facility

(US$ 76000000)

August 2010

Advisory on

Sole Financial Advisor

amp Underwriter

Fixed Rate Bonds

(US$ 274000000)

January 2010 December 2009

(US$ 1050000000)

Advisory on

Joint Financial Advisor

Arrangement of

Syndicated Debt Issue

Initial Public Offering

(US$ 176000000)

June 2010

Global Coordinator amp

Bookrunner

Advisory on

Private Placement

(US$ 512000000)

June 2012

Placement Manager

Advisory on

August 2012

Advisory on

Financial Advisor

Merger with

(Undisclosed)

Investment Banking Scope of Services

Recent Awards

Best Investment Bank

(US$ 164000000)

Advisory on

Sale of 100 Stake in

June 2013

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

4

Strong Industry Expertise

equiv EFG Hermes has

established a

strong equity and

MampA franchise

with US$ 141

billion of equity amp

US$ 524 billion

of MampA

transactions

spread over a

multitude of

sectors executed

since 1995

MampA Track Record (US$ mn)

EFG Hermes Credentials

Equity Track Record (US$ mn)

Note ( TMT) Telecom Media amp Technology (BM) Building Materials (RE) Real Estate (OampG) Oil amp Gas (FIG) Financial Institutions Group (CD) Consumer Durables (FampB) Food amp Beverages (Ind) Industrial

4969

2999

2727

1218

711 427

1003 14054

TM

T

RE

BM

Oamp

G

FIG

CD

Oth

er

Tota

l

36693

5530

3808

2371

1339 1098

1606 52445

TM

T

FIG

BM

Ind

Famp

B

CD

Oth

er

Tota

l

5

(US$16000000)

April 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

September 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Egyptrsquos Top IPO Financial Advisor

Denotes EFG Hermes transactions Denotes Other Transactions

(US$ 891000000)

December 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 368000000)

2000

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 343000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 250000000)

May 2005

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 227000000)

June 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 224000000)

May 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 201000000)

November 2010

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 176000000)

June 2010

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 30000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$30000000)

1997

sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 27000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$27000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$17000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$8000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$6000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 133000000)

1998

Sole Global Coordinator amp

Bookrunner

(US$ 135000000)

Advisory on

Initial Public Offering

(US$ 133000000)

November 2004

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$108000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 108000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 57000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 52000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 94000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 46000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 42000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 39000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 33000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 992000000)

November 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Aluminum

Company

of Egypt

(US$ 92000000)

December 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 91000000)

1999

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 68000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Amreyah

Cement

(US$ 59000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 58000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

El-Nasr

Clothing amp Textile Alexandria

Flour Mills

Unirab

Polvara Spinning amp

Weaving

Alexandria

for Real Estate

Investments

Cairo

Precision

Industries

Note Deals are ordered by deal size and rounded to the nearest million Source Zawya

EFG Hermes Credentials

6

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

Continued Ability to Execute Transactions in Difficult Times

EFG Hermes Credentials

Recent Team Executions

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

(US$ 1200000000)

Advisory on

Sale of its 50Stake in Tunisiana to

January 2011

Financial Advisor

September 2011

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Financial Advisor

(US$ 452000000)

Advisory on

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Financial Advisor

2012 - YTD

2011

equiv Ever since the changes in the

political and economic scene in

Egypt EFG Hermes has continued

to be the market leader in terms of

executions

equiv EFG Hermes has also continued to

be the advisor of choice for

international companies and for

various cross-border transactions

completing deals in Italy Tunisia

Sudan and the UAE alongside

Egypt

Investment Banking Team

MANNAI Corporation

amp EFG Hermes Capital Partners

Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

(Not Disclosed)

Advisory on

Acquisition of

March 2013

Financial Advisor

(US$ 41200000)

Advisory on

Private Placement

February 2013

Financial Advisor

Private Placement

(US$ 510000000)

June 2012

Placement Manager

Advisory on

The De-merger of Orascom Telecom Media amp Technology

Holding SAE From

Orascom Telecom Holding SAE

(US$ 2592397686)

Advisory on

January 2012

Financial Advisor

August 2012

Advisory on

Financial Advisor

Merger with

(Not Disclosed)

Sale of 100 stake to

(US$164000000)

Advisory on

June 2013

Financial Advisor

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

7

Growing GCC Presence

equiv The team has been

strongly growing its

presence in the GCC

providing advisory and

capital raising services

to some of the most

reputable players in the

GCC

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

Acquisition of 100 Stake of

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Sale of 45 Stake to

Advisory on

(US$ 862000000)

Sell Side Advisor

September 2007

April 2003

Advisory on

Financial Advisor

Acquisition of the 2nd

Bahraini GSM License

March 2006

(US$ 660000000)

Advisory on

Sole Global Coordinator

amp Bookrunner

Initial Public Offering

(US$ 178000000)

Advisory on

Sell Side Advisor

Sale of 100 Stake of

February 2007 April 2006

Advisory on

Placement Manager

Private Placement

(US$ 266170000)

December 2004

Joint Financial Advisor

(US$ 3457000000)

Sale of 2nd GSM and

Data License to

Advisory on

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

Gulf Housing Solutions

July 2008

Advisory on

Sole Placement Manager

Private Placement

(US$ 141000000)

December 2007

Advisory on

Sell Side Financial Advisor

Sale of 35 Stake to

(US$ 132000000)

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

8

Acquisition of 100 Stake

Advisory on

(US$ 86000000)

Financial Advisor

Ongoing

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Overview of EFG Hermes Holding

KSA Office

Established 2006

Services Securities

Brokerage

Investment

Banking

Asset

Management

Research

Employees 34

Kuwait Office

Acquisition 2008

Services Securities

Brokerage

Employees 69

UAE Office

Established 2002

Services Securities

Brokerage

Investment

Banking

Asset

Management

Private Equity

Research

Employees 103

Established 1994

Services Securities

Brokerage

Investment

Banking

Asset

Management

Private Equity

Research

Employees 561

Egypt Office

Investment

Banking

Securities

Brokerage Research Private Equity Asset Management

Qatar Office

Established 2007

Services Investment

Banking

Asset

Management

Oman Office

Jordan Office

Established 2010

Services Securities

Brokerage

Employees 16

Established 2008

Services Investment

Banking

Asset

management

Lebanon Office

Acquisition 2010

Services Retail and

Corporate

Banking

Leasing SME

Funding

Credit Libanais

Commercial

Banking

65

Current Group Structure - A Universal Banking Platform

Shareholding Structure (December 2013)

EFG Hermes Credentials

equiv EFG Hermes Holding SAE

(ldquoEFG Hermesrdquo) is the

regionrsquos premier investment

banking firm with on the

ground presence in 8

regional markets with

operations focusing on

investment banking

securities brokerage

research asset

management private equity

and commercial banking

equiv The Company employs over

808 individuals up from 30

in 1994 excluding the

commercial bank

equiv The Company has a capital

base of US$11bn and is

listed on the EGX and the

LSE with a market

capitalization of cUS$07 bn

equiv The acquisition of a 65

stake in Credit Libanais in

2010 marks the first step

towards EFG Hermesrsquo

transformation into a full

service bank in the MENA

region and will enable it to

rapidly expand into Retail

and Commercial Banking

equiv EFG Hermes has a well

diversified shareholder base

with Dubai Financial Group

as its largest shareholder

Acquisition 2008

Services Securities

Brokerage

Research

Employees 21

2

DFG 12

ADIA 7 BNYM

7

Abdel Moneim Al Rashed

8

Institutions HNWI 32

Others 35

EFG Hermes Credentials EFG Hermes A True Regional Platform

Securities Brokerage

equiv Leading brokerage platform in the region

= Ranked 1 in Egypt

= Leading market share in Dubai Abu

Dhabi Kuwait Oman Qatar Morocco

Jordan and Bahrain

= Growing market share of competitive

Saudi Arabian Market

Asset Management

equiv Largest asset manager in the region

with US$ 28 bn of AUM dedicated to

the MENA region

equiv Historically boosts the regionrsquos top

performing fund for over 5 years (EFG

Hermes MEDA Fund) and one of the

best performing in 2011 (MENA LTV)

equiv 1 Investment Banking platform in the

MENA region

= US$ 141bn in equity raised

= US$ 524bn of MampA and

= US$ 43bn of debt transactions

Investment Banking

equiv Ranked 1 in the Euromoney MENA

Research Polls in 2007 2008 2009

2011 and 2012

equiv 121 companies covered across the

MENA region

Research

3

Private Equity

equiv Over US$ 570 mn invested in 35

companies

equiv Successfully exited 25 investments

with proceeds totaling US$ 354 mn

and a realized gain of US$146 mn

EFG Hermes Credentials

equiv The Investment Banking division is the

market leader in the field of MampA advisory

and equity raising in Egypt and the Arab

world with total executions of US$708

billion

equiv Located between our two offices in Egypt

and the UAE the team is comprised of 24

individuals almost all of whom are Arabic

speakers and with a very strong regional

transactional expertise

equiv Primary responsibilities will include among

others coordinating and managing the

entire process and different work streams

ensure a timely execution of all milestones

and successful closing of the IPO

assessing and providing views on equity

capital markets valuation and pricing

advising on the appropriate structure and

timing for the IPO that meets the

objectives of the Grouprsquos shareholders

The Regionrsquos Premier Investment Banking Firm

Investment Banking Team Overview

Executions

Deals Size (US$ bn)

Deb

t

Arrangement

Bond Under-

writing 3

16

07

36

Mamp

A

Buy Side

Advisory

Sell Side

Advisory 39

40

449

75

Eq

uit

y

IPO

Private

Placements

25

40

47

73

Follow-On

andor Rights

Issue

18 21

Select Executions

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

Advisory on

Sole Financial Advisor

amp Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010

Advisory on

Sole Financial Advisor

Medium Term Debt

Facility

(US$ 76000000)

August 2010

Advisory on

Sole Financial Advisor

amp Underwriter

Fixed Rate Bonds

(US$ 274000000)

January 2010 December 2009

(US$ 1050000000)

Advisory on

Joint Financial Advisor

Arrangement of

Syndicated Debt Issue

Initial Public Offering

(US$ 176000000)

June 2010

Global Coordinator amp

Bookrunner

Advisory on

Private Placement

(US$ 512000000)

June 2012

Placement Manager

Advisory on

August 2012

Advisory on

Financial Advisor

Merger with

(Undisclosed)

Investment Banking Scope of Services

Recent Awards

Best Investment Bank

(US$ 164000000)

Advisory on

Sale of 100 Stake in

June 2013

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

4

Strong Industry Expertise

equiv EFG Hermes has

established a

strong equity and

MampA franchise

with US$ 141

billion of equity amp

US$ 524 billion

of MampA

transactions

spread over a

multitude of

sectors executed

since 1995

MampA Track Record (US$ mn)

EFG Hermes Credentials

Equity Track Record (US$ mn)

Note ( TMT) Telecom Media amp Technology (BM) Building Materials (RE) Real Estate (OampG) Oil amp Gas (FIG) Financial Institutions Group (CD) Consumer Durables (FampB) Food amp Beverages (Ind) Industrial

4969

2999

2727

1218

711 427

1003 14054

TM

T

RE

BM

Oamp

G

FIG

CD

Oth

er

Tota

l

36693

5530

3808

2371

1339 1098

1606 52445

TM

T

FIG

BM

Ind

Famp

B

CD

Oth

er

Tota

l

5

(US$16000000)

April 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

September 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Egyptrsquos Top IPO Financial Advisor

Denotes EFG Hermes transactions Denotes Other Transactions

(US$ 891000000)

December 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 368000000)

2000

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 343000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 250000000)

May 2005

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 227000000)

June 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 224000000)

May 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 201000000)

November 2010

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 176000000)

June 2010

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 30000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$30000000)

1997

sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 27000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$27000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$17000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$8000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$6000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 133000000)

1998

Sole Global Coordinator amp

Bookrunner

(US$ 135000000)

Advisory on

Initial Public Offering

(US$ 133000000)

November 2004

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$108000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 108000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 57000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 52000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 94000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 46000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 42000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 39000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 33000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 992000000)

November 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Aluminum

Company

of Egypt

(US$ 92000000)

December 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 91000000)

1999

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 68000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Amreyah

Cement

(US$ 59000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 58000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

El-Nasr

Clothing amp Textile Alexandria

Flour Mills

Unirab

Polvara Spinning amp

Weaving

Alexandria

for Real Estate

Investments

Cairo

Precision

Industries

Note Deals are ordered by deal size and rounded to the nearest million Source Zawya

EFG Hermes Credentials

6

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

Continued Ability to Execute Transactions in Difficult Times

EFG Hermes Credentials

Recent Team Executions

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

(US$ 1200000000)

Advisory on

Sale of its 50Stake in Tunisiana to

January 2011

Financial Advisor

September 2011

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Financial Advisor

(US$ 452000000)

Advisory on

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Financial Advisor

2012 - YTD

2011

equiv Ever since the changes in the

political and economic scene in

Egypt EFG Hermes has continued

to be the market leader in terms of

executions

equiv EFG Hermes has also continued to

be the advisor of choice for

international companies and for

various cross-border transactions

completing deals in Italy Tunisia

Sudan and the UAE alongside

Egypt

Investment Banking Team

MANNAI Corporation

amp EFG Hermes Capital Partners

Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

(Not Disclosed)

Advisory on

Acquisition of

March 2013

Financial Advisor

(US$ 41200000)

Advisory on

Private Placement

February 2013

Financial Advisor

Private Placement

(US$ 510000000)

June 2012

Placement Manager

Advisory on

The De-merger of Orascom Telecom Media amp Technology

Holding SAE From

Orascom Telecom Holding SAE

(US$ 2592397686)

Advisory on

January 2012

Financial Advisor

August 2012

Advisory on

Financial Advisor

Merger with

(Not Disclosed)

Sale of 100 stake to

(US$164000000)

Advisory on

June 2013

Financial Advisor

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

7

Growing GCC Presence

equiv The team has been

strongly growing its

presence in the GCC

providing advisory and

capital raising services

to some of the most

reputable players in the

GCC

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

Acquisition of 100 Stake of

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Sale of 45 Stake to

Advisory on

(US$ 862000000)

Sell Side Advisor

September 2007

April 2003

Advisory on

Financial Advisor

Acquisition of the 2nd

Bahraini GSM License

March 2006

(US$ 660000000)

Advisory on

Sole Global Coordinator

amp Bookrunner

Initial Public Offering

(US$ 178000000)

Advisory on

Sell Side Advisor

Sale of 100 Stake of

February 2007 April 2006

Advisory on

Placement Manager

Private Placement

(US$ 266170000)

December 2004

Joint Financial Advisor

(US$ 3457000000)

Sale of 2nd GSM and

Data License to

Advisory on

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

Gulf Housing Solutions

July 2008

Advisory on

Sole Placement Manager

Private Placement

(US$ 141000000)

December 2007

Advisory on

Sell Side Financial Advisor

Sale of 35 Stake to

(US$ 132000000)

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

8

Acquisition of 100 Stake

Advisory on

(US$ 86000000)

Financial Advisor

Ongoing

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

EFG Hermes Credentials EFG Hermes A True Regional Platform

Securities Brokerage

equiv Leading brokerage platform in the region

= Ranked 1 in Egypt

= Leading market share in Dubai Abu

Dhabi Kuwait Oman Qatar Morocco

Jordan and Bahrain

= Growing market share of competitive

Saudi Arabian Market

Asset Management

equiv Largest asset manager in the region

with US$ 28 bn of AUM dedicated to

the MENA region

equiv Historically boosts the regionrsquos top

performing fund for over 5 years (EFG

Hermes MEDA Fund) and one of the

best performing in 2011 (MENA LTV)

equiv 1 Investment Banking platform in the

MENA region

= US$ 141bn in equity raised

= US$ 524bn of MampA and

= US$ 43bn of debt transactions

Investment Banking

equiv Ranked 1 in the Euromoney MENA

Research Polls in 2007 2008 2009

2011 and 2012

equiv 121 companies covered across the

MENA region

Research

3

Private Equity

equiv Over US$ 570 mn invested in 35

companies

equiv Successfully exited 25 investments

with proceeds totaling US$ 354 mn

and a realized gain of US$146 mn

EFG Hermes Credentials

equiv The Investment Banking division is the

market leader in the field of MampA advisory

and equity raising in Egypt and the Arab

world with total executions of US$708

billion

equiv Located between our two offices in Egypt

and the UAE the team is comprised of 24

individuals almost all of whom are Arabic

speakers and with a very strong regional

transactional expertise

equiv Primary responsibilities will include among

others coordinating and managing the

entire process and different work streams

ensure a timely execution of all milestones

and successful closing of the IPO

assessing and providing views on equity

capital markets valuation and pricing

advising on the appropriate structure and

timing for the IPO that meets the

objectives of the Grouprsquos shareholders

The Regionrsquos Premier Investment Banking Firm

Investment Banking Team Overview

Executions

Deals Size (US$ bn)

Deb

t

Arrangement

Bond Under-

writing 3

16

07

36

Mamp

A

Buy Side

Advisory

Sell Side

Advisory 39

40

449

75

Eq

uit

y

IPO

Private

Placements

25

40

47

73

Follow-On

andor Rights

Issue

18 21

Select Executions

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

Advisory on

Sole Financial Advisor

amp Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010

Advisory on

Sole Financial Advisor

Medium Term Debt

Facility

(US$ 76000000)

August 2010

Advisory on

Sole Financial Advisor

amp Underwriter

Fixed Rate Bonds

(US$ 274000000)

January 2010 December 2009

(US$ 1050000000)

Advisory on

Joint Financial Advisor

Arrangement of

Syndicated Debt Issue

Initial Public Offering

(US$ 176000000)

June 2010

Global Coordinator amp

Bookrunner

Advisory on

Private Placement

(US$ 512000000)

June 2012

Placement Manager

Advisory on

August 2012

Advisory on

Financial Advisor

Merger with

(Undisclosed)

Investment Banking Scope of Services

Recent Awards

Best Investment Bank

(US$ 164000000)

Advisory on

Sale of 100 Stake in

June 2013

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

4

Strong Industry Expertise

equiv EFG Hermes has

established a

strong equity and

MampA franchise

with US$ 141

billion of equity amp

US$ 524 billion

of MampA

transactions

spread over a

multitude of

sectors executed

since 1995

MampA Track Record (US$ mn)

EFG Hermes Credentials

Equity Track Record (US$ mn)

Note ( TMT) Telecom Media amp Technology (BM) Building Materials (RE) Real Estate (OampG) Oil amp Gas (FIG) Financial Institutions Group (CD) Consumer Durables (FampB) Food amp Beverages (Ind) Industrial

4969

2999

2727

1218

711 427

1003 14054

TM

T

RE

BM

Oamp

G

FIG

CD

Oth

er

Tota

l

36693

5530

3808

2371

1339 1098

1606 52445

TM

T

FIG

BM

Ind

Famp

B

CD

Oth

er

Tota

l

5

(US$16000000)

April 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

September 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Egyptrsquos Top IPO Financial Advisor

Denotes EFG Hermes transactions Denotes Other Transactions

(US$ 891000000)

December 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 368000000)

2000

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 343000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 250000000)

May 2005

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 227000000)

June 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 224000000)

May 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 201000000)

November 2010

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 176000000)

June 2010

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 30000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$30000000)

1997

sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 27000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$27000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$17000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$8000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$6000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 133000000)

1998

Sole Global Coordinator amp

Bookrunner

(US$ 135000000)

Advisory on

Initial Public Offering

(US$ 133000000)

November 2004

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$108000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 108000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 57000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 52000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 94000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 46000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 42000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 39000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 33000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 992000000)

November 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Aluminum

Company

of Egypt

(US$ 92000000)

December 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 91000000)

1999

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 68000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Amreyah

Cement

(US$ 59000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 58000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

El-Nasr

Clothing amp Textile Alexandria

Flour Mills

Unirab

Polvara Spinning amp

Weaving

Alexandria

for Real Estate

Investments

Cairo

Precision

Industries

Note Deals are ordered by deal size and rounded to the nearest million Source Zawya

EFG Hermes Credentials

6

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

Continued Ability to Execute Transactions in Difficult Times

EFG Hermes Credentials

Recent Team Executions

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

(US$ 1200000000)

Advisory on

Sale of its 50Stake in Tunisiana to

January 2011

Financial Advisor

September 2011

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Financial Advisor

(US$ 452000000)

Advisory on

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Financial Advisor

2012 - YTD

2011

equiv Ever since the changes in the

political and economic scene in

Egypt EFG Hermes has continued

to be the market leader in terms of

executions

equiv EFG Hermes has also continued to

be the advisor of choice for

international companies and for

various cross-border transactions

completing deals in Italy Tunisia

Sudan and the UAE alongside

Egypt

Investment Banking Team

MANNAI Corporation

amp EFG Hermes Capital Partners

Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

(Not Disclosed)

Advisory on

Acquisition of

March 2013

Financial Advisor

(US$ 41200000)

Advisory on

Private Placement

February 2013

Financial Advisor

Private Placement

(US$ 510000000)

June 2012

Placement Manager

Advisory on

The De-merger of Orascom Telecom Media amp Technology

Holding SAE From

Orascom Telecom Holding SAE

(US$ 2592397686)

Advisory on

January 2012

Financial Advisor

August 2012

Advisory on

Financial Advisor

Merger with

(Not Disclosed)

Sale of 100 stake to

(US$164000000)

Advisory on

June 2013

Financial Advisor

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

7

Growing GCC Presence

equiv The team has been

strongly growing its

presence in the GCC

providing advisory and

capital raising services

to some of the most

reputable players in the

GCC

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

Acquisition of 100 Stake of

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Sale of 45 Stake to

Advisory on

(US$ 862000000)

Sell Side Advisor

September 2007

April 2003

Advisory on

Financial Advisor

Acquisition of the 2nd

Bahraini GSM License

March 2006

(US$ 660000000)

Advisory on

Sole Global Coordinator

amp Bookrunner

Initial Public Offering

(US$ 178000000)

Advisory on

Sell Side Advisor

Sale of 100 Stake of

February 2007 April 2006

Advisory on

Placement Manager

Private Placement

(US$ 266170000)

December 2004

Joint Financial Advisor

(US$ 3457000000)

Sale of 2nd GSM and

Data License to

Advisory on

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

Gulf Housing Solutions

July 2008

Advisory on

Sole Placement Manager

Private Placement

(US$ 141000000)

December 2007

Advisory on

Sell Side Financial Advisor

Sale of 35 Stake to

(US$ 132000000)

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

8

Acquisition of 100 Stake

Advisory on

(US$ 86000000)

Financial Advisor

Ongoing

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

EFG Hermes Credentials

equiv The Investment Banking division is the

market leader in the field of MampA advisory

and equity raising in Egypt and the Arab

world with total executions of US$708

billion

equiv Located between our two offices in Egypt

and the UAE the team is comprised of 24

individuals almost all of whom are Arabic

speakers and with a very strong regional

transactional expertise

equiv Primary responsibilities will include among

others coordinating and managing the

entire process and different work streams

ensure a timely execution of all milestones

and successful closing of the IPO

assessing and providing views on equity

capital markets valuation and pricing

advising on the appropriate structure and

timing for the IPO that meets the

objectives of the Grouprsquos shareholders

The Regionrsquos Premier Investment Banking Firm

Investment Banking Team Overview

Executions

Deals Size (US$ bn)

Deb

t

Arrangement

Bond Under-

writing 3

16

07

36

Mamp

A

Buy Side

Advisory

Sell Side

Advisory 39

40

449

75

Eq

uit

y

IPO

Private

Placements

25

40

47

73

Follow-On

andor Rights

Issue

18 21

Select Executions

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

Advisory on

Sole Financial Advisor

amp Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010

Advisory on

Sole Financial Advisor

Medium Term Debt

Facility

(US$ 76000000)

August 2010

Advisory on

Sole Financial Advisor

amp Underwriter

Fixed Rate Bonds

(US$ 274000000)

January 2010 December 2009

(US$ 1050000000)

Advisory on

Joint Financial Advisor

Arrangement of

Syndicated Debt Issue

Initial Public Offering

(US$ 176000000)

June 2010

Global Coordinator amp

Bookrunner

Advisory on

Private Placement

(US$ 512000000)

June 2012

Placement Manager

Advisory on

August 2012

Advisory on

Financial Advisor

Merger with

(Undisclosed)

Investment Banking Scope of Services

Recent Awards

Best Investment Bank

(US$ 164000000)

Advisory on

Sale of 100 Stake in

June 2013

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

4

Strong Industry Expertise

equiv EFG Hermes has

established a

strong equity and

MampA franchise

with US$ 141

billion of equity amp

US$ 524 billion

of MampA

transactions

spread over a

multitude of

sectors executed

since 1995

MampA Track Record (US$ mn)

EFG Hermes Credentials

Equity Track Record (US$ mn)

Note ( TMT) Telecom Media amp Technology (BM) Building Materials (RE) Real Estate (OampG) Oil amp Gas (FIG) Financial Institutions Group (CD) Consumer Durables (FampB) Food amp Beverages (Ind) Industrial

4969

2999

2727

1218

711 427

1003 14054

TM

T

RE

BM

Oamp

G

FIG

CD

Oth

er

Tota

l

36693

5530

3808

2371

1339 1098

1606 52445

TM

T

FIG

BM

Ind

Famp

B

CD

Oth

er

Tota

l

5

(US$16000000)

April 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

September 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Egyptrsquos Top IPO Financial Advisor

Denotes EFG Hermes transactions Denotes Other Transactions

(US$ 891000000)

December 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 368000000)

2000

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 343000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 250000000)

May 2005

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 227000000)

June 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 224000000)

May 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 201000000)

November 2010

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 176000000)

June 2010

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 30000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$30000000)

1997

sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 27000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$27000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$17000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$8000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$6000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 133000000)

1998

Sole Global Coordinator amp

Bookrunner

(US$ 135000000)

Advisory on

Initial Public Offering

(US$ 133000000)

November 2004

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$108000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 108000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 57000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 52000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 94000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 46000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 42000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 39000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 33000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 992000000)

November 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Aluminum

Company

of Egypt

(US$ 92000000)

December 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 91000000)

1999

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 68000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Amreyah

Cement

(US$ 59000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 58000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

El-Nasr

Clothing amp Textile Alexandria

Flour Mills

Unirab

Polvara Spinning amp

Weaving

Alexandria

for Real Estate

Investments

Cairo

Precision

Industries

Note Deals are ordered by deal size and rounded to the nearest million Source Zawya

EFG Hermes Credentials

6

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

Continued Ability to Execute Transactions in Difficult Times

EFG Hermes Credentials

Recent Team Executions

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

(US$ 1200000000)

Advisory on

Sale of its 50Stake in Tunisiana to

January 2011

Financial Advisor

September 2011

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Financial Advisor

(US$ 452000000)

Advisory on

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Financial Advisor

2012 - YTD

2011

equiv Ever since the changes in the

political and economic scene in

Egypt EFG Hermes has continued

to be the market leader in terms of

executions

equiv EFG Hermes has also continued to

be the advisor of choice for

international companies and for

various cross-border transactions

completing deals in Italy Tunisia

Sudan and the UAE alongside

Egypt

Investment Banking Team

MANNAI Corporation

amp EFG Hermes Capital Partners

Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

(Not Disclosed)

Advisory on

Acquisition of

March 2013

Financial Advisor

(US$ 41200000)

Advisory on

Private Placement

February 2013

Financial Advisor

Private Placement

(US$ 510000000)

June 2012

Placement Manager

Advisory on

The De-merger of Orascom Telecom Media amp Technology

Holding SAE From

Orascom Telecom Holding SAE

(US$ 2592397686)

Advisory on

January 2012

Financial Advisor

August 2012

Advisory on

Financial Advisor

Merger with

(Not Disclosed)

Sale of 100 stake to

(US$164000000)

Advisory on

June 2013

Financial Advisor

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

7

Growing GCC Presence

equiv The team has been

strongly growing its

presence in the GCC

providing advisory and

capital raising services

to some of the most

reputable players in the

GCC

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

Acquisition of 100 Stake of

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Sale of 45 Stake to

Advisory on

(US$ 862000000)

Sell Side Advisor

September 2007

April 2003

Advisory on

Financial Advisor

Acquisition of the 2nd

Bahraini GSM License

March 2006

(US$ 660000000)

Advisory on

Sole Global Coordinator

amp Bookrunner

Initial Public Offering

(US$ 178000000)

Advisory on

Sell Side Advisor

Sale of 100 Stake of

February 2007 April 2006

Advisory on

Placement Manager

Private Placement

(US$ 266170000)

December 2004

Joint Financial Advisor

(US$ 3457000000)

Sale of 2nd GSM and

Data License to

Advisory on

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

Gulf Housing Solutions

July 2008

Advisory on

Sole Placement Manager

Private Placement

(US$ 141000000)

December 2007

Advisory on

Sell Side Financial Advisor

Sale of 35 Stake to

(US$ 132000000)

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

8

Acquisition of 100 Stake

Advisory on

(US$ 86000000)

Financial Advisor

Ongoing

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Strong Industry Expertise

equiv EFG Hermes has

established a

strong equity and

MampA franchise

with US$ 141

billion of equity amp

US$ 524 billion

of MampA

transactions

spread over a

multitude of

sectors executed

since 1995

MampA Track Record (US$ mn)

EFG Hermes Credentials

Equity Track Record (US$ mn)

Note ( TMT) Telecom Media amp Technology (BM) Building Materials (RE) Real Estate (OampG) Oil amp Gas (FIG) Financial Institutions Group (CD) Consumer Durables (FampB) Food amp Beverages (Ind) Industrial

4969

2999

2727

1218

711 427

1003 14054

TM

T

RE

BM

Oamp

G

FIG

CD

Oth

er

Tota

l

36693

5530

3808

2371

1339 1098

1606 52445

TM

T

FIG

BM

Ind

Famp

B

CD

Oth

er

Tota

l

5

(US$16000000)

April 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

September 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Egyptrsquos Top IPO Financial Advisor

Denotes EFG Hermes transactions Denotes Other Transactions

(US$ 891000000)

December 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 368000000)

2000

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 343000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 250000000)

May 2005

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 227000000)

June 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 224000000)

May 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 201000000)

November 2010

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 176000000)

June 2010

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 30000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$30000000)

1997

sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 27000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$27000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$17000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$8000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$6000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 133000000)

1998

Sole Global Coordinator amp

Bookrunner

(US$ 135000000)

Advisory on

Initial Public Offering

(US$ 133000000)

November 2004

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$108000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 108000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 57000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 52000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 94000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 46000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 42000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 39000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 33000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 992000000)

November 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Aluminum

Company

of Egypt

(US$ 92000000)

December 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 91000000)

1999

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 68000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Amreyah

Cement

(US$ 59000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 58000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

El-Nasr

Clothing amp Textile Alexandria

Flour Mills

Unirab

Polvara Spinning amp

Weaving

Alexandria

for Real Estate

Investments

Cairo

Precision

Industries

Note Deals are ordered by deal size and rounded to the nearest million Source Zawya

EFG Hermes Credentials

6

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

Continued Ability to Execute Transactions in Difficult Times

EFG Hermes Credentials

Recent Team Executions

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

(US$ 1200000000)

Advisory on

Sale of its 50Stake in Tunisiana to

January 2011

Financial Advisor

September 2011

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Financial Advisor

(US$ 452000000)

Advisory on

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Financial Advisor

2012 - YTD

2011

equiv Ever since the changes in the

political and economic scene in

Egypt EFG Hermes has continued

to be the market leader in terms of

executions

equiv EFG Hermes has also continued to

be the advisor of choice for

international companies and for

various cross-border transactions

completing deals in Italy Tunisia

Sudan and the UAE alongside

Egypt

Investment Banking Team

MANNAI Corporation

amp EFG Hermes Capital Partners

Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

(Not Disclosed)

Advisory on

Acquisition of

March 2013

Financial Advisor

(US$ 41200000)

Advisory on

Private Placement

February 2013

Financial Advisor

Private Placement

(US$ 510000000)

June 2012

Placement Manager

Advisory on

The De-merger of Orascom Telecom Media amp Technology

Holding SAE From

Orascom Telecom Holding SAE

(US$ 2592397686)

Advisory on

January 2012

Financial Advisor

August 2012

Advisory on

Financial Advisor

Merger with

(Not Disclosed)

Sale of 100 stake to

(US$164000000)

Advisory on

June 2013

Financial Advisor

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

7

Growing GCC Presence

equiv The team has been

strongly growing its

presence in the GCC

providing advisory and

capital raising services

to some of the most

reputable players in the

GCC

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

Acquisition of 100 Stake of

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Sale of 45 Stake to

Advisory on

(US$ 862000000)

Sell Side Advisor

September 2007

April 2003

Advisory on

Financial Advisor

Acquisition of the 2nd

Bahraini GSM License

March 2006

(US$ 660000000)

Advisory on

Sole Global Coordinator

amp Bookrunner

Initial Public Offering

(US$ 178000000)

Advisory on

Sell Side Advisor

Sale of 100 Stake of

February 2007 April 2006

Advisory on

Placement Manager

Private Placement

(US$ 266170000)

December 2004

Joint Financial Advisor

(US$ 3457000000)

Sale of 2nd GSM and

Data License to

Advisory on

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

Gulf Housing Solutions

July 2008

Advisory on

Sole Placement Manager

Private Placement

(US$ 141000000)

December 2007

Advisory on

Sell Side Financial Advisor

Sale of 35 Stake to

(US$ 132000000)

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

8

Acquisition of 100 Stake

Advisory on

(US$ 86000000)

Financial Advisor

Ongoing

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

(US$16000000)

April 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

September 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Egyptrsquos Top IPO Financial Advisor

Denotes EFG Hermes transactions Denotes Other Transactions

(US$ 891000000)

December 2005

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 368000000)

2000

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 343000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 250000000)

May 2005

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 227000000)

June 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 224000000)

May 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 201000000)

November 2010

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 176000000)

June 2010

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 30000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$30000000)

1997

sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$29000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 27000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$27000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$17000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$8000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$6000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 135000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 133000000)

1998

Sole Global Coordinator amp

Bookrunner

(US$ 135000000)

Advisory on

Initial Public Offering

(US$ 133000000)

November 2004

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$108000000)

1996

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 108000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 57000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 52000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 94000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 46000000)

1998

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 42000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1998

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 40000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 39000000)

1997

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 33000000)

1999

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 992000000)

November 2007

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Aluminum

Company

of Egypt

(US$ 92000000)

December 2006

Sole Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 91000000)

1999

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 68000000)

1996

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

Amreyah

Cement

(US$ 59000000)

1995

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

(US$ 58000000)

1997

Joint Global Coordinator amp

Bookrunner

Advisory on

Initial Public Offering

El-Nasr

Clothing amp Textile Alexandria

Flour Mills

Unirab

Polvara Spinning amp

Weaving

Alexandria

for Real Estate

Investments

Cairo

Precision

Industries

Note Deals are ordered by deal size and rounded to the nearest million Source Zawya

EFG Hermes Credentials

6

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

Continued Ability to Execute Transactions in Difficult Times

EFG Hermes Credentials

Recent Team Executions

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

(US$ 1200000000)

Advisory on

Sale of its 50Stake in Tunisiana to

January 2011

Financial Advisor

September 2011

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Financial Advisor

(US$ 452000000)

Advisory on

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Financial Advisor

2012 - YTD

2011

equiv Ever since the changes in the

political and economic scene in

Egypt EFG Hermes has continued

to be the market leader in terms of

executions

equiv EFG Hermes has also continued to

be the advisor of choice for

international companies and for

various cross-border transactions

completing deals in Italy Tunisia

Sudan and the UAE alongside

Egypt

Investment Banking Team

MANNAI Corporation

amp EFG Hermes Capital Partners

Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

(Not Disclosed)

Advisory on

Acquisition of

March 2013

Financial Advisor

(US$ 41200000)

Advisory on

Private Placement

February 2013

Financial Advisor

Private Placement

(US$ 510000000)

June 2012

Placement Manager

Advisory on

The De-merger of Orascom Telecom Media amp Technology

Holding SAE From

Orascom Telecom Holding SAE

(US$ 2592397686)

Advisory on

January 2012

Financial Advisor

August 2012

Advisory on

Financial Advisor

Merger with

(Not Disclosed)

Sale of 100 stake to

(US$164000000)

Advisory on

June 2013

Financial Advisor

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

7

Growing GCC Presence

equiv The team has been

strongly growing its

presence in the GCC

providing advisory and

capital raising services

to some of the most

reputable players in the

GCC

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

Acquisition of 100 Stake of

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Sale of 45 Stake to

Advisory on

(US$ 862000000)

Sell Side Advisor

September 2007

April 2003

Advisory on

Financial Advisor

Acquisition of the 2nd

Bahraini GSM License

March 2006

(US$ 660000000)

Advisory on

Sole Global Coordinator

amp Bookrunner

Initial Public Offering

(US$ 178000000)

Advisory on

Sell Side Advisor

Sale of 100 Stake of

February 2007 April 2006

Advisory on

Placement Manager

Private Placement

(US$ 266170000)

December 2004

Joint Financial Advisor

(US$ 3457000000)

Sale of 2nd GSM and

Data License to

Advisory on

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

Gulf Housing Solutions

July 2008

Advisory on

Sole Placement Manager

Private Placement

(US$ 141000000)

December 2007

Advisory on

Sell Side Financial Advisor

Sale of 35 Stake to

(US$ 132000000)

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

8

Acquisition of 100 Stake

Advisory on

(US$ 86000000)

Financial Advisor

Ongoing

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Ongoing

Lead Arranger and

Bookrunner

(US$ 87000000)

Rights Issue

Advisory on

Continued Ability to Execute Transactions in Difficult Times

EFG Hermes Credentials

Recent Team Executions

April 2011

Financial Advisor

Merger with

(US$ 25700000000)

WIND TELECOM

Advisory on

(US$ 1200000000)

Advisory on

Sale of its 50Stake in Tunisiana to

January 2011

Financial Advisor

September 2011

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Financial Advisor

(US$ 452000000)

Advisory on

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Financial Advisor

2012 - YTD

2011

equiv Ever since the changes in the

political and economic scene in

Egypt EFG Hermes has continued

to be the market leader in terms of

executions

equiv EFG Hermes has also continued to

be the advisor of choice for

international companies and for

various cross-border transactions

completing deals in Italy Tunisia

Sudan and the UAE alongside

Egypt

Investment Banking Team

MANNAI Corporation

amp EFG Hermes Capital Partners

Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

(Not Disclosed)

Advisory on

Acquisition of

March 2013

Financial Advisor

(US$ 41200000)

Advisory on

Private Placement

February 2013

Financial Advisor

Private Placement

(US$ 510000000)

June 2012

Placement Manager

Advisory on

The De-merger of Orascom Telecom Media amp Technology

Holding SAE From

Orascom Telecom Holding SAE

(US$ 2592397686)

Advisory on

January 2012

Financial Advisor

August 2012

Advisory on

Financial Advisor

Merger with

(Not Disclosed)

Sale of 100 stake to

(US$164000000)

Advisory on

June 2013

Financial Advisor

(US$ 500000000)

Advisory on

October 2013

Corporate Broker amp Listing

Manager

Technical Listing on

7

Growing GCC Presence

equiv The team has been

strongly growing its

presence in the GCC

providing advisory and

capital raising services

to some of the most

reputable players in the

GCC

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

Acquisition of 100 Stake of

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Sale of 45 Stake to

Advisory on

(US$ 862000000)

Sell Side Advisor

September 2007

April 2003

Advisory on

Financial Advisor

Acquisition of the 2nd

Bahraini GSM License

March 2006

(US$ 660000000)

Advisory on

Sole Global Coordinator

amp Bookrunner

Initial Public Offering

(US$ 178000000)

Advisory on

Sell Side Advisor

Sale of 100 Stake of

February 2007 April 2006

Advisory on

Placement Manager

Private Placement

(US$ 266170000)

December 2004

Joint Financial Advisor

(US$ 3457000000)

Sale of 2nd GSM and

Data License to

Advisory on

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

Gulf Housing Solutions

July 2008

Advisory on

Sole Placement Manager

Private Placement

(US$ 141000000)

December 2007

Advisory on

Sell Side Financial Advisor

Sale of 35 Stake to

(US$ 132000000)

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

8

Acquisition of 100 Stake

Advisory on

(US$ 86000000)

Financial Advisor

Ongoing

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Growing GCC Presence

equiv The team has been

strongly growing its

presence in the GCC

providing advisory and

capital raising services

to some of the most

reputable players in the

GCC

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

Acquisition of 100 Stake of

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Sale of 45 Stake to

Advisory on

(US$ 862000000)

Sell Side Advisor

September 2007

April 2003

Advisory on

Financial Advisor

Acquisition of the 2nd

Bahraini GSM License

March 2006

(US$ 660000000)

Advisory on

Sole Global Coordinator

amp Bookrunner

Initial Public Offering

(US$ 178000000)

Advisory on

Sell Side Advisor

Sale of 100 Stake of

February 2007 April 2006

Advisory on

Placement Manager

Private Placement

(US$ 266170000)

December 2004

Joint Financial Advisor

(US$ 3457000000)

Sale of 2nd GSM and

Data License to

Advisory on

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

April 2012

Advisory on

Buy Side Advisor

Acquisition of 78 Stake in

(US$ 445000000)

Gulf Housing Solutions

July 2008

Advisory on

Sole Placement Manager

Private Placement

(US$ 141000000)

December 2007

Advisory on

Sell Side Financial Advisor

Sale of 35 Stake to

(US$ 132000000)

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

8

Acquisition of 100 Stake

Advisory on

(US$ 86000000)

Financial Advisor

Ongoing

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Advisory on

(US$ 94205000)

Placement Manager

February 2006

Private Placement

Sale of 97 Stake in

Advisory on

(US$ 102253000)

Buy Side Advisor

September 2005

Successful Track Record in Levant

EFG Hermes Credentials

Major Clients and Relationships

Notable Transactions

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007 August 2010

Advisory on

Buy Side Advisor

Acquisition of 50 Stake in

(US$ 40500000)

January 2010

Advisory on

Sell Side Advisor

(US$ 913000000)

Sale of a 23 Stake in

Jordan Cement Factories

December 1998

Advisory on

Sell Side Advisor

Sale of 33 Stake to

(US100531225)

(US$ 423900000)

Advisory on

Financial Advisor

Acquisition of 92 Stake

December 2002 July 1998

(US$26197970)

Advisory on

Private Placement

Placement Manager

Jordan Cement Factories

equiv EFG Hermes has been

present and has a

successful track record

in the Levant

(US$ 542000000)

Advisory on

Buy Side Advisor

Acquisition of 65 Stake in

September 2010

9

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Acquisition of 84 Stake in

Advisory on

(Undisclosed)

May 2001

Egyptian Distribution Group

SAE (EDGE)

Advisor of Choice For and Against Multinationals

equiv EFG Hermes has acted

as the advisor of choice

for major multinational

corporations investing in

the region

equiv EFG Hermes also acted

as the sole advisor to

several regional players

against multinationals

Notable Transactions

EFG Hermes Credentials

Major Clients and Relationships

July 2009

Advisory on

Acquisition of 9 Stake in

(US$ 244000000)

Sale of 49Stake in

Advisory on

(US$ 171000000)

August 2008

WIND TELECOM

April 2011

Advisory on

Merger with VimpelCom

(US$ 25700000000)

Paradise Capital

September 2011

Advisory on

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Sale of 45 stake to

Advisory on

(US$ 862000000)

September 2007 December 2003

Advisory on

Public Listing

(US$ 1567126000)

August 2005

Advisory on

Acquisition of 91 Stake in

(US$ 382000000)

April 2003

Advisory on

Acquisition of 60 Stake in

(US$ 77000000)

(US$ 178000000)

Advisory on

Sale of 100 Stake of

February 2007

(US$ 450000000)

Advisory on

Acquisition of 100 Stake in

October 2011

Haggar Cigarette and Tobacco

Factory

(Not Disclosed)

Advisory on

Acquisition of 100 Stake in

February 2013

10

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Oman

Advisory on

(US$ 132000000)

Sell Side Advisor

May 2009

Sale of 35 stake to

Italy

Advisory on

(US$ 34000000)

Buy Side Advisor

May 2009

Acquisition of 35 Sake in

WIND TELECOM

Advisory on

(US$ 25700000000)

Financial Advisor

April 2011

Merger with

Slovenia

Advisory on

(US$ 56000000)

Buy Side Advisor

November 2007

Acquisition of 98 stake in

Morocco

Advisory on

Incomplete

Buy Side Advisor

April 2009

Acquisition of a Stake in

Tunisia

Advisory on

(US$ 1200000000)

Sole Financial Advisor

January 2011

Sale of OTrsquos 50 Shareholding

in Tunisiana to

Sudan

Advisory on

(US$ 450000000)

Financial Advisor

October 2011

Acquisition of 100 Stake in

Haggar Cigarette and Tobacco

Factory

Libya

Advisory on

Incomplete

Financial Advisor

November 2008

Acquisition of a Stake in

Palestine

Advisory on

Incomplete

Financial Advisor

May 2009

100 Share Swap in

Qatar

Advisory on

Incomplete

Financial Advisor

June 2007

Acquisition of the 2nd

Qatari License

Kingdom of Saudi Arabia

Advisory on

Incomplete

Buy Side Advisor

December 2006

Acquisition of a majority

Stake in an

Advisory on

(US$ 3457000000)

Joint Financial Advisor

December 2004

Sale of 2nd GSM and

Data License

Undisclosed Saudi Bank

Bahrain

Advisory on

Incomplete

Buy Side Advisor

October 2008

Acquisition of a Stake

Advisory on

(US$ 171000000)

Financial Advisor

November 2007

Acquisition of 100 Stake in

Advisory on

NA

Financial Advisor

April 2003

Acquisition of the 2nd

Bahraini GSM License

Kuwait

Acquisition of

Advisory on

Incomplete

Buy Side Advisor

July 2006

3rd Egyptian GSM License

Sale of 100 Stake to

Advisory on

Incomplete

Sell Side Advisor

May 2010

Algeria Turkey

Private Placement

Advisory on

(US$ 100000000)

Placement Manager

Ongoing

Key Conglomerate

Acquisition of 65 Stake in

Advisory on

(US$ 542000000)

Buy Side Advisor

September 2010

Lebanon

Private Placement

Advisory on

(US$ 700000000)

Lead Placement Manager

June 2007

Acquisition of 92 Stake in

Advisory on

(US$ 423900000)

Financial Advisor

December 2002

Jordan

Advisory on

(US100531225)

Sell Side Advisor

December 1998

Jordan Cement Factories

Sale of 33 Stake to

Iran

Advisory on

Incomplete

Financial Advisor

January 2009

Acquisition of the 3rd

Iranian GSM license

Egypt

Sale of its 52 Stake in Olympic

Group to

Paradise Capital

Advisory on

(US$ 452000000)

Financial Advisor

September 2011

Advisory on

(US$ 176000000)

Sole Global Coordinator

amp Bookrunner June 2010

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Bookrunner

November 2007

Initial Public Offering

United Arab Emirates

MANNAI Corporation

amp EFG Hermes Capital

Partners Management

Acquisition of 78 Stake in

Advisory on

(US$ 445000000)

Buy Side Advisor

April 2012

Advisory on

(US$ 141000000)

Sole Placement Manager

July 2008

Private Placement

Gulf Housing

Solutions

Advisory on

(US$ 862000000)

Sole Sell Side Advisor

September 2007

Sale of 45 Stake to

Advisory on

(US$ 660000000)

Sole Global Coordinator

amp Bookrunner

March 2006

Initial Public Offering

Sale of 100 Stake in

Advisory on

(US$ 164000000)

Financial Advisor

June 2013

11

Notable Advisory Assignments

EFG Hermes Credentials

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Advisory on

(US$ 224347826)

Sole Global Coordinator amp

Bookrunner May 2006

Initial Public Offering

Sahara North

Bahariya

Egyptrsquos Dominant Player

equiv The investment

banking division

is the leader in

Egypt in the field

of equity debt

and MampA

advisory with

notable

executions even

in dire market

conditions

Select Recent Transactions

EFG Hermes Credentials

September 2010

Advisory on

Sole Financial Advisor amp

Underwriter

Fixed Rate Bonds

(US$ 290000000)

September 2010 June 2010 September 2011

Advisory on

Financial Advisor

Sale of its 52 Stake in Olympic

Group to

(US$ 452000000)

Paradise Capital

Initial Public Offering

Advisory on

(US$ 179000000)

Global Coordinator amp Bookrunner

Orascom Telecom Holding SAE

From

January 2012

Advisory on

Financial Advisor

The De-merger of

(US$ 2592397686)

Orascom Telecom Media and

Technology Holding SAE

Sale of a 100 Stake to

Advisory on

(US$ 130000000)

Sole Sell Side Financial Advisor

Sale of 90 Stake to

Advisory on

(US$ 42460177)

Sole Sell Side Financial Advisor September 2010

December 2009

Advisory on

Joint Financial Advisor

Arrangement of Syndicated Debt

Issue

(US$ 1050000000)

(US$ 800000000)

Joint Bookrunner

Rights Issue

March 2010

Advisory on

December 2006

Advisory on

Sole Global Coordinator amp

Bookrunner

Initial Public Offering

(US$ 91950000)

January 2007

Advisory on

Sole Offering Manager

(US$ 150000000)

March 2007

Advisory on

Sole Placement Manager

(US$ 230000000)

Initial Public Offering

Advisory on

(US$ 891000000)

Joint Global Coordinator amp

Bookrunner December 2005

(US$ 1410000000)

Sell Side Advisor

Sale of 100 to

June 2007

Advisory on

February 2008

Advisory on

Sole Financial Advisor

Private Placement

(US$ 105000000)

Initial Public Offering

Advisory on

(US$ 992000000)

Joint Global Coordinator amp

Bookrunner

November 2007 May 2008

Advisory on

Global Coordinator amp Bookrunner

(US$ 273000000)

May 2008

Joint Global Coordinator amp

Bookrunner

(US$ 343000000)

Acquisition of 96 Stake in

Advisory on

(US$ 1018838820)

Sole Sell Side Advisor

November 2007

Private Placement

Advisory on

(US$ 200000000)

Sole Placement Manager

June 2007

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 274000000)

Fixed Rate Bonds

January 2010

Advisory on

Sole Financial Advisor amp

Underwriter

(US$ 100000000)

Rights Issue

Advisory on

(US$ 50000000)

Sole Financial Advisor

December 2009

Commercial paper Issue

July 2009

Acquisition of 93 Stake in

Advisory on

(US$ 244000000)

Sole Buy Side Advisor

Advisory on

(US$ 156000000)

Sole Sell Side Financial Advisor

September 2008

Sale of 52 Stake to

Pacific Crest Ltd

Initial Public Offering Initial Public Offering

Advisory on

Private Placement Private Placement

Advisory on

(US$ 660000000)

Financial Advisor amp

Joint Placement Manager April 2006

Private Placement

and Rights Issue

Advisory on

(US$ 217300000)

Financial Advisor amp

Joint Lead Manager June 2005

Private Placement

of Global Depository Receipts

February 2013

Advisory on

Financial Advisor

Private Placement

(US$ 41200000)

12

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

EFG Hermes Credentials Significant Experience Working with Global Banks

Transaction Advisorsrsquo Details

Joint

Financial

Advisors

Joint Lead

Managers amp

Bookrunners

Placement

Managers

Advisorsrsquo Details

Joint

Financial

Advisors

Global

Coordinator amp

Bookrunner

Placement

Managers

Co-Lead

Manager

Joint

Financial

Advisors

equiv EFG Hermes

Investment

Banking is the

only regional

bank that has

constantly been

working with

global players in

equal or more

senior syndicate

positions

Transaction

Joint Lead

Managers amp

Bookrunners

Local Advisor

Joint Lead

Managers -

International Placement

Agents

Global

Coordinator amp

Bookrunner

Co-Managers F

LEMING C

IIC F

LEMING C

IIC

Global

Coordinator

Fleming Al Mansour

April 2011

Merger with

(US$ 25700000000)

WIND

TELECOM Advisory on

May 2008

Initial Public Offering

(US$ 343000000)

Advisory on

December 2005

Initial Public Offering

(US$ 891000000)

Advisory on

July 2000

Global Offering of

Common Shares and

Global Depositary Shares

(US$ 368000000)

Advisory on

March 2010

Rights Issue

(US$ 800000000)

Advisory on

November 2007

Initial Public Offering

(US$ 992000000)

Advisory on

July 2004

Issuance of 2nd GSM 3G

and Data License to

(US$ 3457000000)

Advisory on

March 1999

Initial Public Offering

(US$ 108000000)

Advisory on

13

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Egypt

1

28

EFG Hermes Credentials The Regionrsquos Most Dominant ECM Platform

Regionrsquos Strongest Teamhellip hellip With Widest Distribution Networkhellip

equiv The department boasts a sales force of 130 traders and salesmen

dedicated to MENA equities and specialized by client type and geography

equiv With a wide distribution network not only in the region but in Europe and

the US the team has played an important role in the success of every IPO

and placement that the firm has worked on

equiv With a significant share of daily executions in 2013 the sales team

provides an important after market support to all stocks taken public

Source EFG Hermes Reports Note () Market share as of Q2 2013

Regional Investors Foreign Investors

hellip And Continuous After Market Support()

Offering Size

(US$ mn) Date Excess

Demand

Allocation

Breakdown

Q2 2008 2729 298x

50 50

Q4 2007 9918 217x

53 47

Q4 2005 8900 312x

84 16

Q1 2006 6605 1670x

100

Q2 2010 1760 27x

Q2 2008 3430 169x

45 55

hellip Leading to Highly Successful Capital Raising Exerciseshellip

15 Clients 170 Clients

4491 Clients

40 Clients

100 Clients

172 Clients

42365 Clients 301 Clients

10 Clients

17500 Clients

19 546 Clients

UAE

Dubai

7

9

Oman

7

14

Kuwait

2

23

UAE

Abu Dhabi

6

9

Qatar

NA

6

Jordan

NA

8

Bahrain

NA

16

KSA

NA

09

Morocco

NA

1

Ranking

Market

Share

Ranking

Market

Share

Offering

6832

14

5825 Clients

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

equiv The department is

currently comprised of 36

research analysts that

cover 121 companies in

a variety of sectors across

the region The

department also offers in-

depth reports on

economies strategy and

sector focused notes

equiv The quality of this team is

accentuated by the top

ranking of its analysts

during the past three

years

The Regionrsquos Leading Research House

Unrivalled Coverage of the Arab Worldhellip

Sample Coverage

UP ENBD Strategy Sectors Emaar Aldar Dana Gas NBAD

UAE

Yearbook Economics Strategy Sectors OD Holding Egyptian

Resorts

OCI Ezz

Steel

TMG

Egypt Oman

Banking

Sector

Banking Industries

Qatar

CBQ

Qatar Kuwait

Economics Investment

Companies

Banks Batelco

Bahrain Lebanon

Audi Solidere

KSA

Yearbook Strategy Banking Cement Dar Al-

Arkan

Yansab Samba

Jordan

Economics Jordan

Telecom

Pharma

Sector

Selected Companies

Yearbook du Etisalat

hellipBy the Arab Worldrsquos Top Ranked Research (2011 Euromoney Research Poll Rankings)

Comparison of Research Coverage Platform

(1) In addition to the above sectors EFG Hermes is ranked 1 in Pharmaceuticals Airlines amp Aviation

and Utilities and 2 in Consumer GoodsRetail Food amp Agriculture and Oil amp Natural Gas

Source 2011 Euromoney

EFG Hermes Credentials

121

78 76

60 57 53 50

35

EFG HSBC GIH DB Shuaa CS Beltone ML

hellipBy the Arab Worldrsquos Top Ranked Research (2012 Euromoney Research Poll Rankings)

Oil amp Gas

9

Industries Real Estate Overall Economics Transpamp Ship Telecoms Banking amp Fin Players

3 2 1 1 2 1 1 2

1 1 4 3 1 2 3 1

- - 9 10 - - 8 -

5 3 3 4 4 3 4 4

10 - 6 5 5 - 5 5

2 5 2 2 3 - 2 3

Banking amp Fin

9 4 7 6 8 4 6 -

7 - 10 7 7 - 7 -

4 - 5 8 6 - - -

6 - - 9 9 - 8 -

15

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

The Regionrsquos Leading Asset Manager

MENA 714

Europe 275

Asia 02

USA 09

Others 01

equiv 46 professionals across

three countries (Egypt

UAE and Saudi Arabia)

with more than 18 years

of investment

experience in the region

making it the largest and

most experienced on-

the-ground team of any

investment manager in

the Middle East

equiv During the past couple

of years the division

managed some of the

best performing funds in

Egypt KSA and the

region

Evolution of Assets Under Management (US$ bn) Clients by Geography (1)

Performance of Select Funds 2012 amp YTD 2013 Asset Management Awards

2006 ldquoBest Performing Middle East and North Africa Fundrdquo- The EFG

Hermes MEDA Fund

2007 Standard amp Poors awards The EFG Hermes MEDA and Egypt

Funds AA ratings and the EFG Hermes Telecom Fund an A rating

2008 ldquoBest Newcomerrdquo by Man Investmentsrsquo Hedge Funds World Awards

ndash The MENA Opportunities Fund

2009 Best Performing Egypt Money Market Fund and Best Egypt Equity

Fund by Zawya- Bank of Alexandria Fund II and Credit Agricole

Egypt Fund I

2010 ldquoMoney Market Fund of the Yearrdquo by MENA Fund Manager

Performance Awards ndash Bank of Alexandria Fund II

2011 Received 3 awards from London-based MENA Fund Manager

magazine

2013 EFG Hermes Asset Management Tops League Tables with Egypt

Equity Funds and Wins EMEA Financersquos Egypt Asset Manager of

the Year Award

16

EFG Hermes Credentials

146

112

464

135

146

143

15

352

09

163

303

323

00 100 200 300 400 500

MENA Fixed Income Fund

KSA Equity Fund

Egypt Fund

Telecom Fund

MENA Opportunities Fund

MEDA Fund

2013 YTD 2012

Note(1) June 2013

42 44

47

33 34

30

2008 2009 2010 2011 2012 Sep-13

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

EFG Hermes Credentials

Co-investment

agreement for

Egypt

Co-investment

agreement for

Morocco

Overview

equiv A EUR 385bn private equity fund

investing in infrastructure in the

Southern and Eastern

Mediterranean (SEMED) region

equiv Fund has a 14+1 year term that

reached first closing in May 2010

with EUR 385mn of sponsor

commitments

equiv To date InfraMed invested

c40 of its commitments in

investments in Egypt Turkey

and Jordan

equiv Headquarters in Paris with local

presence in Cairo and

Casablanca initially through

advisory and co-investment

agreements with EFG Hermes

and CDG Capital

equiv Strong pool of 15+ investment

professionals in Paris Cairo

Dubai and Casablanca

EFG Role

Eg

yp

t In

ve

stm

en

ts

Ma

na

ge

me

nt

equiv Investment MgmtAdvisory

including origination

analysis and execution

equiv Portfolio Mgmt including

board representation on

projects and day to day

management

equiv Member of the regional

Investment Committee

equiv Ad-hoc support for

transactions and

networking particularly

on Levant and North

Africa

equiv Support fundraising

activities and LP

relationship management

Reg

ion

al In

ve

stm

en

ts

Ma

na

ge

me

nt

Sp

on

so

r

Investments to Date

Country Turkey

Stake c20

Capacity 13mn TEU

Total Cost Not disclosed

Other Stakeholders Limak

Garanti Unicredit

Country Egypt

Investment USD 100m (c15

stake)

Capacity 47MT of light

distillates

Total Cost USD 37bn

Other Stakeholders KEXIM

DEG JBIC IFC amp Qatar Petr Int

Country Jordan

Stake 49

Capacity 114MW

Total Cost Not disclosed

Other Stakeholders EP Global

Energy EIB IFC and Proparco

Egyptian Refining

Company

Iskenderun Port

Facility

Tafila Wind

Farm

InfraMed Structure

euro 50mn

euro 20mn

euro

150mn

euro

150mn

euro 15mn Sponsors

Size | euro 50mn Size | TBD Size | euro 385mn

Other Co-

investor

Other Co-

investor

equiv Founding partner of

InfraMed

equiv Hold of euro 15mn LP

position

17

Private Equity A Large Base of AuMs ndash InfraMed A EUR385mn Long Term Infra Fund Focusing on SEMED

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

18

Disclaimer

This confidential document is provided for informational purposes only It does not constitute an offer to sell or a solicitation of an offer to buy any securities or

interests described within it (Investments) in any jurisdiction Investors should make decisions to acquire Investments solely on the basis of the information

contained in the offering document published in connection with the offer of Investments

The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding andor its affiliates (together and separately EFG

Hermes) You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not

reproduce it or disclose it to any person except as may be required by law

You must not place any reliance for any purpose whatsoever on the information contained in this document No representation or warranty express or implied is

given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no

liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising directly or indirectly from any use of such information or

opinions or otherwise arising in connection therewith The information contained in this document has been obtained from sources prepared by other parties and it

may not have been independently verified The supply of this document does not imply that the information within it is correct at any time subsequent to the date of

this document

This document may contain forward-looking statements which by their nature involve a number of risks uncertainties and assumptions that could cause actual

results or events to differ materially from those expressed or implied by these statements These risks uncertainties and assumptions could adversely affect the

outcome and financial effects of the plans and events described within this document In particular actual results may be adversely affected by future

developments affecting inflation interest rates taxation social instability or other economic political or diplomatic or other matters Forward-looking statements

contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue Neither EFG

Hermes nor the issuer of the relevant Investments undertakes any obligation to update or revise any forward-looking statements

The distribution of this document and the offer of Investments may be restricted in certain jurisdictions Accordingly recipients of this document are required to

inform themselves about and observe any such restrictions No action has been taken or will be taken in any jurisdiction by EFG Hermes or any issuer of

Investments that would permit a public offering of Investments in any jurisdiction where action for this purpose is required nor has such action been taken with

respect to the possession or distribution of this document in any jurisdiction in which such action is required

EFG Hermes Holding SAE has its address at Building No B129 Phase 3 Smart Village Km 28 Cairo Alexandria Desert Road6 October Egypt and has an issued

capital of EGP 1939320000

EFG Hermes KSA (Closed Joint Stock Company) is commercially registered in Riyadh and its Commercial Registration number is 1010226534

EFG Hermes Qatar LLC (00069) is authorised by the QFC Regulatory Authority and has its address at Office 110311th Floor MEC Building Doha Qatar The

information in this presentation is directed solely at person who are not retail customers No service or product mentioned will be made available to any person who

does not satisfy the requirements of the law regarding who may be a client of EFG Hermes Qatar LLC

EFG Hermes UAE Limited is regulated by the DFSA and has its address at Level 6 The Gate DIFC Dubai UAE The information in this presentation is directed

only at wholesale and not retail customers No service or product mentioned will be made available to any person who does not satisfy the requirements of the law

regarding who may be a client of EFG Hermes UAE Limited

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