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Directorate Change

30th Jun 2006 10:43

Bank Audi SAL- Audi Saradar Group30 June 2006 Notification of Board Change Bank Audi sal - Audi Saradar Group hereby announces the appointment of thefollowing persons as new non-executive members of its Board of Directors: Mr. Maurice Sayde; EFG Hermes Holding Company SAE; and EFG Hermes Advisory Inc. The new members were elected by the Ordinary General Assembly of Shareholdersheld on June 6, 2006, in replacement of the following resigning members: Mr. Georges Audi; Mr. Jean Cheval; and Mr. Fady Amatoury, In recognition and in appreciation of Mr. Georges Audi's dedication over manyyears, the Board of Directors nominated him Honorary Chairman for life. The Board of Directors of Bank Audi SAL - Audi Saradar Group is now formed ofthe following members: Mr. Raymond Audi (Chairman) Mr. Samir Hanna Mr. Marc Audi Mr. Mario Saradar Dr. Freddie Baz Dr. Marwan Ghandour Sheikha Suad Al Homaizi Sheikha Mariam Al Sabbah Dr. Imad Itani Mr. Maurice Sayde EFG Hermes Holding Co. SAE EFG Hermes Advisory Inc. Beirut, June 30th, 2006 This information is provided by RNS The company news service from the London Stock Exchange

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