Notice of EGM

NOTICE OF

EXTRAORDINARY GENERAL ASSEMBLY MEETING

The Board of Directors of Bank Audi SAL - Audi Saradar Group invites all holders of ordinary shares to attend an Extraordinary General Assembly Meeting to be held at 10:00 a.m., on Tuesday July 08, 2008, at the Bank's Head Office located at Audi Plaza, Bab Idriss, Beirut Commercial Central District, in order to examine the following agenda:

To approve the increase of the Bank's capital by up to LL15,331,239,000 through the issuance of up to 1,393,749 ordinary shares reserved to the owners of stock options who have exercised their options; 

To amend the Bank's By-Laws, in particular articles 6 and 8, and other articles of said By-Laws in connection with item 1 above; and 

Other matters relating to items 1 and 2 above.

The Board of Directors