Result of EGM

Summary of the Extraordinary General Assembly Meeting

The Extraordinary General Assembly Meeting of EFG-Hermes Holding Company was held today 11th April 2010 and resolved the following:

1. Approved moving the Company's head office to the Smart Village;

2. Approved having the flexibility to hold the ordinary and/or extraordinary general meetings in either the Governorate of Sixth of October or the Giza Governorate;

3. Keep Article 19 of the Company's Statutes as it is without any changes;

4. Approved amending Article 55 of the Company's Statutes to allow for the distribution of interim dividends during the fiscal year after ratification by the ordinary general assembly of the quarterly financial statements;

5. Delegated the Chairperson or either of the Chief Executive Officers and/or whom they may further delegate to complete all the necessary requirements and procedures to incorporate the above resolution into the Company's articles of incorporation.