Notice of EGM

Bank Audi SAL - Audi Saradar Group

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 July 25, 2011, at the Bank's Head Office located at Audi Plaza, Bab Idriss, Beirut Commercial Central District, in order to examine the following agenda:

1. The increase of the Bank's share capital through the issuance of up to 1,326,490 Common Shares reserved to the owners of Stock Options who have exercised their Stock Options in 2011 and the determination of their issuance terms;

2. The listing of such newly-issued Common Shares on the Beirut Stock Exchange;

3. The amendment of the Bank's By-Laws, in particular Articles 6 and 8, to reflect the actions described in items 1 and 2 above;

4. The submission of the actions described in items 1-3 inclusive for approval by the Central Bank of Lebanon, acting through its Central Council; and

5. The granting of the necessary powers for the implementation of the actions approved by the General Meeting.

The Board of Directors