Notice of AGM

BYBLOS BANK SAL 

Invitation to the Annual Ordinary General Assembly

The shareholders of Byblos Bank S.A.L. are invited to attend the annual ordinary general assembly to be held at Byblos Bank Headquarters in Ashrafieh, Elias Sarkis Avenue, at 12:00 noon on Tuesday, 10 April 2012, in order to discuss and decide on the matters listed on the following agenda:

1. To hear the general and special Board reports for the fiscal year 2011.

2. To hear the auditors' general and special reports for the fiscal year 2011.

3. To approve the accounts of the fiscal year 2011 and allocate its results.

4. To discharge the Chairman and Board members for their administrative duties during the fiscal year 2011.

5. To elect a new Board of Directors.

6. To approve the operations performed between the Board members and the Bank during the fiscal year 2011 and authorize the Board members, in accordance with Articles 158 and 159 of the Code of Commerce and Article 152 of the Code of Money and Credit, to carry out during 2012 all the operations described in the special reports of both the Board of Directors and the auditors.

7. To appoint the auditors for 2012, 2013 and 2014.

8. To determine the auditors' remuneration and the directors' emoluments for the fiscal year 2012.

9. Miscellaneous.

The balance sheet, inventory, profit and loss account for the fiscal year 2011, general and special reports of both the Board and the auditors for the fiscal year 2011, consolidated profit and loss account, consolidated balance sheet and relevant auditors' report, as well as the list of shareholders will be made available to the shareholders at Byblos Bank Headquarters in Ashrafieh, Elias Sarkis Avenue, during the regular business hours 16 days before the meeting.

The Board of Directors