1st Half 2011 Unaudited Results

Byblos Bank S.A.L.

Press Release - 1st Half 2011 Unaudited Results

2 August, 2011

Byblos Bank's unaudited consolidated total assets increased by 8.2% (+U.S.$ 1.3 billion) during the first half of 2011 to U.S.$ 16.5 billion as at 30 June, 2011, as compared to U.S. $15.3 billion at the end of 2010 (+ 13.3% year-on-year increase). Customers' deposits increased during the first half of 2011 by 5.9% (+U.S.$ 0.7 billion) to U.S.$ 12.6 billion as at 30 June, 2011 (+ 12.5% year-on-year increase), and net customers' loans increased by 4.1% (+U.S.$ 0.2 billion) during the first half of 2011 to U.S.$ 3.9 billion as at 30 June, 2011 (+ 12.8% year-on-year increase).

Net profit for the six months ended 30 June, 2011 increased by 16.2% to U.S.$ 83.97 million as compared to U.S.$ 72.28 million for the same period in 2010.

Return on Average Assets (ROA) and Return on Average Common Equity (ROCE) stood at 1.06% and 11.08% respectively as compared to 1.02% and 12.31% in the same period of last year

Cost to Income decreased considerably to 47.02% for the six months ended 30 June, 2011 compared to 49.78% for the same period in 2010.

Byblos Bank continued to maintain high immediate liquidity in the form of short term placements with banks which increased by 13.4% during the first half of 2011 and represented 30.8% of customers' deposits as at 30 June, 2011. (or 46.9% if we include due from Central Bank).

Capital Adequacy Ratio according to Basle 2 stood at 14.75%.

Gross Non Performing Loans represented 2.23% of gross loans as at as at 30 June, 2011 and were covered up to 161% by provisions (specific and collective).

Also, it is worth mentioning that Byblos Bank successfully issued 10-year Eurobonds on 24 June 2011, for an amount of U.S.$ 300 million, bearing an interest rate of 7% p.a.

To view the text of the results, paste the following link(s) into the address bar of your web browser:

http://www.byblosbank.com.lb/Library/Files/Financial%20Reports/Financial%20Statements/Byblos%20Bank%20Consolidated/BB_Con_Unaudited_BS_En_300611.pdf

For further information, please contact:

Ziad El Zoghby

Head of Finance & Administration Division

Byblos Bank S.A.L.

Phone: +961 1335 280