Notice of EGM

NOTICE OF

EXTRAORDINARY GENERAL MEETING

The Board of Directors of Bank Audi SAL - Audi Saradar Group invites all holders of Common Shares to attend an Extraordinary General Meeting to be held at 10:30 a.m., on Monday May 31, 2010, at the Bank's Head Office located at Audi Plaza, Bab Idriss, Beirut Commercial Central District, in order to examine the following agenda:

1. Further to the decision of the Extraordinary General Meeting of March 2, 2010, verification of the completion of the increase in the Bank's capital through the issuance of 1,250,000 Series "E" Preferred Shares, and of the subscription to, and full payment of, such Series "E" Preferred Shares; and

2. Further to the decision of the Extraordinary General Meeting of March 2, 2010, confirmation of the effectiveness of the split of the Bank's outstanding share capital, and of the adjustment of all rights (as applicable) attached to the share capital as a result of such split.

The Board of Directors