The Board of Directors of Solidere suggests a dividends’ distribution of 1 USD per Class (A) or (B) share. The beneficiary will be the shareholder carrying the share as shown below:

In case there will be a quorum in the General Assembly meeting on July 13, 2009 and the dividends’ distribution was approved, dividends will be paid to the shareholder according to the shareholders’ record as at July 13, 2009.

The retroactive date for this record is July 7, 2009, meaning that the shareholder that purchases shares by July 7, 2009,  his name will be mentioned in the shareholders’ record of July 13, 2009 and will benefit from the dividends’ distribution in case it were stated.

In case the quorum wasn’t reached on July 13, a meeting will be held on August 4, 2009 and in case there will be a quorum in this General Assembly meeting and the dividends’ distribution was approved, the dividends will be paid for the shareholder according to the shareholders’ record of August 4, 2009.

The retroactive date for this record is July 29, meaning that the shareholder that purchases shares by July 29, his name will be mentioned in the shareholders’ record of August 4, 2009 and will benefit from the dividends’ distribution in case it were stated.

As the Ordinary General Assembly was invited to meet for the first time on June 17, 2009 but the majority wasn’t reached, a second meeting  is scheduled on July 13, 2009 in Biel Downtown at 9:30 am.

The Beirut Stock Exchange decided to accept the trading and pricing of /1,033,042/ Global Depository Receipts (Each represents 50 shares) related to Byblos Bank S.A.L. that are issued by Bank of New York – Melon on the Over The Counter Market of the BSE. Trading is scheduled to start on Thursday June 18, 2009.

The Ordinary General Assembly of shareholders of BEMO Bank S.A.L. held on May 30, 2009 approved the Balance Sheet and the Profit and Loss accounts for the year 2008 and declared a dividend distribution of LBP /12,060/ per preferred share and LBP /225/ per Common share.

Due to the upcoming parliamentary elections, there will be no trades at the Beirut Stock Exchange on Monday June 8, 2009.  Trading will be resumed on Tuesday June 9, 2009.

Based on the decisions of the Board of Directors of Byblos Bank S.A.L. dated 22/05/2009 stipulating the redemption of Preferred Shares Class 2003, according to the primary issue conditions, the BSE decided to stop trading in the mentioned shares starting the end of the trading session of Wednesday May 27, 2009, and de-list these shares as of Thursday May 28, 2009.

The Ordinary General Assembly for the shareholders that was held on May 22, 2009 at the Bank’s Head Office decided to distribute dividends and profits for the year 2008 as follows:

For Common Shareholders:

      LBP 157.9 per share (LBP 150 Net of 5 % distribution tax)

For Priority Shareholders:

      Annual interest of 4% of the nominal value of the priority shares; LBP 48  per share (LBP 45.6 Net of 5 % distribution tax)

      LBP 157.9 per share (LBP 150 Net of 5 % distribution tax)

For Preferred Shareholders:  

     ● Class 2003: USD 12 per share; LBP 18,168 (LBP 17,259.6 Net of 5 %

                distribution tax)

     ● Class 2008: USD 3.35 per share; LBP 5.071,9 (LBP 4.818,3 Net of 5 %

                distribution tax)

These amounts will be paid through Midclear starting May 29^th, 2009 after deducting the 5 % distribution tax.

The Board of Directors of Solidere invites the shareholders, carrying class A or class B shares to attend an Ordinary General Assembly to be held on Wednesday June 17, 2009 at 9:30 am in Biel Downtown.

On the occasion of the Resistance and Liberation Day, there will be no trading at the Beirut Stock Exchange on Monday, May 25, 2009.  Trading will be resumed on Tuesday May 26, 2009.

Bank Bemo S.A.L. announces that the Ordinary General Assembly held exceptionally on 10/03/2009 decided to issue subordinated loans according to the following conditions:

-         Type of the bonds: Nominal.

-         Par value per bond: USD /10,000/.

-         Number of bonds: /4,000/.

-         Interest: 7% annually paid twice: on 30 June & on 31 December of each year.

-         Expiry Date: 5 years starting the activation of the bonds.

The deadline for subscription is 10 days starting May 21, 2009 and ends on May 30, 2009.

The BSE decided to accept the listing, trading and pricing of an additional /1,413,847/ common shares, with a par value of LBP /1,200/ per share, issued by Bank Of Beirut SAL in the official market of the stock exchange.  These shares will be added to the previously listed common shares; thus the percentage of listed common shares in the mentioned market will become 33.333%, and that in addition to the total number of the bank’s preferred shares Class “A” and Class “D”, excluding Class “E”.

Trading with the mentioned shares is scheduled to start on Monday morning 25/05/2009.

Byblos Bank’s Agenda for dividend distribution (Common shares, Priority shares and Preferred shares Class 2003 & 2008):

-         Last Trading date to receive dividends: May 22, 2009

-         Ex Dividend Date: May 25, 2009

-         Record Date: May 27, 2009

-         Payment Date: May 28, 2009

For GDRs:

-         Last Trading date to receive dividends: May 22, 2009

-         Ex Dividend Date: May 25, 2009

-         Record Date: May 27, 2009

-         Payment Date: June 04, 2009

(*) Same dates apply for interest payment on Priority Shares.

The holders of Preferred shares class 2005 are invited to an Ordinary General Meeting that will be held at 12:30 p.m. on Monday 15 June 2009 in BLOM Bank S.A.L. head office, Beirut, Verdun, President Rashid Karameh St, BLOM Bank S.A.L. bldg, to discuss the following agenda:

1)      Take note of the decision of the Annual Ordinary General Assembly of BLOM Bank’s shareholders that was held on April 8, 2009 related to the distribution of 2008 dividends to the holders of Preferred shares class 2005.

2)      Other Matters.

The holders of Preferred shares class 2004 are invited to an Ordinary General Meeting that will be held at 11:00 a.m. on Monday 15 June 2009 in BLOM Bank S.A.L. head office, Beirut, Verdun, President Rashid Karameh St, BLOM Bank S.A.L. bldg, to discuss the following agenda:

1)      Take note of the decision of the Annual Ordinary General Assembly of BLOM Bank’s shareholders held on April 8, 2009 related to the distribution of 2008 dividends to the holders of Preferred shares class 2004.

2)      Other Matters.

The BSE decided to de-list, as of the end of the trading session of Friday May 15, 2009, a Lebanese Republic Eurobond issue, worth Euro 225 million carrying an interest rate of 7.25 % as these bonds will mature on May 20, 2009.

The shareholders of Bank Audi S.A.L. - Audi Saradar Group attended an Extraordinary General Assembly Meeting in the Bank’s Head Office in Beirut – Lebanon on May 07, 2009 and took the following decisions:

·         Approve the redemption of all Preferred shares Class “C”, as a result distribute the nominal value of the cancelled shares on the Bank’s remaining common and preferred shares and decrease the total number of shares of the bank by 4 million shares.

·         Increase the Bank’s Capital; thus the par value per share becomes LBP /12,250/.

·         Amend Articles 6 & 8 of the Bank’s By-Laws, so that the bank’s capital is defined by an amount of LBP /434,132,515,250/ divided into /34,189,389/ nominal common shares and /1,250,000/ nominal preferred shares class “D”.

The execution of the above decisions depends on the approval of the Central Bank.

The Board of Directors of Ciments Blancs S.A.L. invites the shareholders to attend an Ordinary General Assembly Meeting to be held at 10:00 am on Tuesday June 23, 2009 in the premises of Holcim (Liban) S.A.L. in Antelias.

The Extraordinary General Assembly of Bank of Beirut that was held on April 2, 2009 decided to list on the Beirut Stock Exchange an additional /1,413,847/ common shares to be added to the previously listed common shares.  In addition the extraordinary general assembly decided to list, before December 31, 2009, all the /2,400,000/ preferred shares class E, previously issued by the bank, in the official market of the stock exchange.

The Ordinary General Assembly of shareholders of Bank of Beirut S.A.L. held on April 02, 2009 approved the Balance Sheet and the Profit and Loss accounts for the year 2008 and declared a dividend distribution of LBP /28,030,859,375/ for the common shares and LBP /12,134,400,479/ for Preferred shares Class (C), LBP /13,567,500,000/ for Preferred shares Class (D).

Bank of Beirut S.A.L. invites the holders of Preferred shares Class “E” to attend an Extraordinary General Assembly meeting on Wednesday May 13^th, 2009 at 4 p.m. to:

1-       Draft the by-laws of the General Body of shareholders of Preferred shares “E”

2-       Designate the representatives of the body

Bank of Beirut S.A.L. invites the holders of Preferred shares Class “D” to attend an Extraordinary General Assembly meeting on Wednesday May 13^th, 2009 at 3 p.m. to:

1-       Draft the by-laws of the General body of shareholders of Preferred shares Class “D”

2-       Designate the representatives of the body

3-       Divers matters

The holders of preferred shares of Byblos Bank S.A.L. are invited to attend the meeting of the Annual Ordinary General Assembly that will be held at the Bank’s Head Office, Achrafieh, Byblos Bank Tower, Elias Sarkis Avenue, at 10:00 a.m. on Friday May 22, 2009.

The shareholders of Byblos Bank S.A.L. are invited to attend the meeting of the Annual Ordinary General Assembly that will be held at the Bank’s Head Office, Achrafieh, Byblos Bank Tower, Elias Sarkis Avenue, at 11:00 a.m. on Friday May 22, 2009.

The Board of Directors of Holcim (Lebanon) S.A.L. invites the shareholders to attend an Ordinary General Assembly Meeting to be held in Le Royal Hotel – Dbayeh, at 10:00 a.m. on Wednesday June 17, 2009.

The Ordinary General Assembly of Bank of Beirut S.A.L. held its annual meeting on 02/04/2009 and decided to approve the Balance sheet and Income Statement and allocate the profits of the year 2008.

The Ordinary General Assembly decided to distribute dividends to the holders of common shares and preferred shares as follows:

-          Common Shares: LBP 625 per share; a total of about LBP 28 billion.

-          Preferred shares Class “C”: USD 8,049,343 about 11% of the issuance price

-          Preferred shares Class “D”: USD 9,000,000 about 9% of the issuance price

The Ordinary General Assembly of Shareholders of Bank Audi S.A.L. – Audi Saradar Group convened on April 21, 2009 and resolved to (i) approve the Bank’s accounts for the year 2008 and (ii) declare a gross distribution of dividends as follows:

-          To Holders of Series “C” Preferred Shares : USD 2.1875 per share

-          To Holders of Series “D” Preferred Shares : USD 7.75 per share

-          To Holders of Common Shares:        LBP 3,400 per share

As a result of the above, the net payable amounts (after deduction of the applicable withholding tax at the rate of 5%) are as follows:

-          To Holders of Series “C” Preferred Shares : USD 2.078125 per share

-          To Holders of Series “D” Preferred Shares : USD 7.3625 per share

-          To Holders of Common Shares:      LBP 3,230 per share

Dividends will be paid through Midclear S.A.L. starting April 22, 2009 for the holders of shares as at April 16, 2009 (Record Date), according to the records of Midclear S.A.L.

Based on the decision of the Board of directors’ of Bank Audi S.A.L. – Audi Saradar group that was held on 18/11/2008 related to the redemption & cancellation of the Preferred Shares Class “C” within 5 business days following the date of the Ordinary General Assembly that will approve the accounts of the fiscal year 2008, the BSE decided the following:

1-       Stop trading with Audi Preferred Shares Class “C” in the BSE by the end of the trading session of 21/04/2009.

2-       Consider Tuesday 21/04/2009 as the last trading day  for  the shares mentioned above.

3-       Cancel the mentioned shares from the listing table starting Wednesday morning, 22/04/2009 and keep on the other bank’s listings.

Decision#5: State the repurchase of the Preferred shares class “C” on its due date according to its issuance conditions:

After discussion, the Board of Directors’ decided:

1-       Redeem and cancel the Preferred Shares Class “C” within 5 business days following the date of the Ordinary General Assembly that will approve the accounts of the fiscal year 2008.

2-       Specify the amount that will be added to the par value of the remaining of the bank’s shares after canceling the Preferred Shares Class “C” by LBP 1,241.56 per share, thus the par value per share will become LBP 12,241.56.

3-       Suspend the execution of articles (1) & (2) till receiving the approval of the concerned monetary authorities.

The Board of Directors of Bank Audi S.A.L. - Audi Saradar Group invites the shareholders to attend an Extraordinary General Assembly Meeting to be held at 10:30 a.m. on Thursday 07/05/2009 at the Bank’s Head Office, Audi Plaza, Bab Idriss, Beirut Commercial Central District, to discuss the following agenda:

1-     Cancel the Preferred shares class “C” and decrease the bank’s shares by 4 million shares as a result of the cancellation operation, and subsequently increase the par value of the remaining shares.

2-     Acknowledge the bank’s Capital increase by a value of LBP 229,236,250 to be deducted from the Free Reserve to round the par value of the share, and thus by increasing this value to LBP 12,250.

3-     Amend the By-Laws of the bank, mainly articles 6 & 8,  to reflect the changes stated above;

4-     Divers matters related to the subjects mentioned above.

The Ordinary General Assembly of shareholders that was held on April 8^th, 2009, at the Bank’s head office decided to distribute dividends related to the year 2008 as follows:

 ● For the holders of Preferred shares:

            - Preferred shares Class 2004: 8.50 USD

            - Preferred shares Class 2005: 9.50 USD

These amounts will be paid through Midclear starting 21 April 2009 and after deducting the distribution tax that is 5%.

● For the holders of common shares and GDRs:

LBP 5,500 per share, these dividends will be paid after deducting the distribution tax that is 5% to the holders of common shares through Midclear starting 22 April 2009 and to the holders of GDRs what equals LBP 5,500 in USD through its issuer Bank of New York Mellon starting 28 April 2009.

● The shares that benefit from the distribution:

In order to acquire dividends of “2008” the last trading date is 14 April 2009.

In its meeting held on April 2, 2009, the Board of Directors of Bank Audi S.A.L. - Audi Saradar Group resolved to propose to the Ordinary General Assembly convened to meet on April 21, 2009 the distribution of a dividend of LBP 3400 per common share. Subject to the General Assembly’s approval, such dividends will be paid (after deduction of the applicable withholding tax) on or about April 22, 2009 to holders of common shares as at April 16, 2009 (record date), according to the records of Midclear S.A.L. (The Central Depository).

The Board of Directors of Bank Audi S.A.L. - Audi Saradar Group invites all holders of ordinary shares to attend an Ordinary General Assembly Meeting to be held at 10:30 a.m. on Tuesday April 21, 2009 at the Bank’s Head Office, Audi Plaza, Bab Idriss, Beirut Commercial Central District.

The BSE launched on Monday morning March 23, 2009, a new version of an advanced trading system known as NSC UNIX V3+ based on the PAM system that was developed by NYSE EURONEXT to replace the old version NSC UNIX V3 based on the TAK system which was used by the BSE from July 2003 till the end of the trading session of Friday March 20, 2009.

The new launching came after intensive preparations that the BSE made during the previous 6 months; the BSE reorganized the structure of its IT systems’ and softwares’ and upgraded its technological infrastructure and the security systems and networks of the data related to the trading system and trained the brokers’ representatives on the use of the new version.

The new system has many features; the user can store trading statements and data in an easy way and benefit from the visual and audible warning mechanism towards certain events that might be useful to him. This version has also new types of buying and selling orders and it facilitates the quick analysis of the trading data of the market in addition to many other features.

The Board of Directors of BLOM Bank S.A.L. invites the shareholders to attend the Annual Ordinary General Assembly meeting that will be held at 11:00 a.m. on Wednesday April 8^th, 2009 in the Head Office, Beirut, Verdun, President Rashid Karameh St, BLOM Bank S.A.L. bldg.

The shareholders of Bank of Beirut S.A.L. are invited to attend an Extraordinary General Assembly meeting in the Head Office, Foch St, Downtown Beirut on Thursday April 2^nd, 2009 at 4 p.m. to discuss the following agenda:

1-       Amend the Article 1 of the 4^th decision taken by the Extraordinary General Assembly that was held on 13/11/2008.

2-       Divers Matters.

The shareholders of Bank of Beirut S.A.L. are invited to attend an Ordinary General Assembly meeting in the Head Office, Foch St, Downtown Beirut on Thursday April 2^nd, 2009 at 3 p.m.

The Ordinary General Assembly that was held on 17/02/2009 decided to elect Mr. Nazem Khoury to the Board of Directors. Mr. Khoury’s mandate will expire at the end of the mandate of the present Board of Directors; that is when ratifying the accounts of the fiscal year 2009.

The Extraordinary General Assembly of Holcim (Lebanon) S.A.L. decided to amend Article 19 of its By-Laws and that by reducing the number of shares, that the Board of Directors members must freeze in order to insure their responsibility for the management’ business, from 30.000 old shares valued at LBP 30 million to 3.000 new shares of the same value, whereas this reduction is necessary after the decrease of the company’s Capital in the year 2007 and the decrease of the number of shares, and after increasing the par value per share from 1.000 LBP to 10.000 LBP.

The Exceptional Ordinary General Assembly of shareholders of Rasamny Younis Motor Company S.A.L. held on 30/01/2009 decided to:

1-       Approve the investment project in London and authorize the decisions taken by the Board of Directors, and approve the signature and execution of all the contracts required to execute the project.

2-       Ratify the insurance of Rasamny Younis Motor Company S.A.L. towards the engagement of Rymco UK against Nissan International SA according to the agreement that will be signed with this company.

3-       Give the Board of Directors’ members the authorizations required for all the London investment stages according to article /158/ of the commercial law.

Byblos Bank is pleased to advise its shareholders that it has established a Global Depositary Receipt (GDR) program, with each GDR representing 50 common shares.

The purposes of the program include increasing liquidity for the shares and the GDRs taking into consideration that the bank will exercise its best endeavours to list the GDRs on the London Stock Exchange and the Beirut Stock Exchange and promote further transparency for investors. GDRs may represent up to a maximum of 23% of the Bank’s common shares.

All shareholders (other than U.S. persons) may participate in the program on a pro rata basis by exchanging shares for GDRs. Initial exchanges of shares for GDRs may be achieved at any time until 5.00 p.m., Beirut time, on 19 February 2009 without attracting the customary deposit fee of U.S. $0.05 per GDR.

Shareholders wishing to exchange their shares for GDRs should contact either Byblos Bank or their usual bank in order to submit relevant instructions no later than 16 February 2009.

The Board of Directors of the BLC Bank S.A.L. invites the shareholders to attend an Ordinary General Assembly Meeting to be held at 10:00 am on Tuesday 17/02/2009 in the bank’s head office in Beirut – facing Palace of Justice to discuss the agenda that includes one topic that is:

                - Elect a new member to the Board of Directors.

The General Assembly of shareholders in Beirut Golden Income took the following decisions:

• Approve the report of the manager concerning the business for the fiscal year 2008.
• Approve the Auditors’ report and the Balance Sheet and Income Statement of the fund for the fiscal year 2008.
• Distribute to shareholders an amount of LBP /4,182,000,000/ from the profits shown in the Balance Sheet and Income statement for the year 2008.
• Grant the required clearance to the Manager for the fund’s management in the year 2008.
• Renew the nomination of the founder as president of the assembly from the date of this meeting till the date of the approval of the General Assembly on the accounts of the fund for the fiscal year 2009.

The General Assembly of shareholders of Beirut Preferred Fund took the following decisions:

• Take note of the clarifications of the manager and his suggestion to distribute part of the fund’s revenues as an advance on the expected profits during the year 2009 and that in addition to the profits of 2008.
• Approve the report of the manager concerning the business of the fund from 01/07/2008 till 31/12/2008.
• Approve the Auditors’ report and the Balance Sheet and Income Statement of the fund for the period from 01/07/2008 till 31/12/2008.
• Distribute an amount of USD /1,303,024/ from the profit realized for the second half of 2008 in addition to an amount of USD /325,756/ as a prepayment on the expected profits of 2009 resulting from the certain and constant revenues on the assets of the fund.
• Grant the required clearance to the Manager for the fund’s management for the period from 01/07/2008 till 31/12/2008.

The founder and manager took the following decisions:

1-       Announce the end of the liquidation process of the fund following the end of its period on 26/12/2008.

2-       Take into consideration Midclear’s statement and the auditors’ report- Deloitte & Touch.

3-       Cancel all the fund’s shares and pay the value of these shares and the net revenues of the liquidation for shareholders, including the founder, according to their share in the fund.

4-       Delegate the manager all the authorities to notify each of Central Bank of Lebanon, Midclear S.A.L. and Beirut Stock Exchange with a copy of the present minutes of meeting, and to execute transactions or sign documents concerning the liquidation of the fund, the cancellation of its shares and the distribution of its revenues.

The World Federation of Exchanges has approved, in its Annual General Assembly meeting held in Milano-Italy on the 13^th and 14^th of October 2008, the Beirut Stock Exchange as a new affiliate of the Federation. Knowing that the Beirut Stock Exchange was a correspondent member of the Federation since 1997.

Bank of Beirut S.A.L. invites the shareholders of Beirut Preferred Fund to hold a General Assembly meeting at 12:00 noon on Friday 30 January 2009 in Bank of Beirut bldg S.A.L., seventh floor, Banks St., Riad Al Solh.

The Extraordinary General Assembly of Byblos Bank S.A.L. shareholders’ that was held on 01/12/2008 decided to:

-          Approve the transfer of the assets and rights of the Lebanese branch of Unicredit Banca Di Roma S.P.A. and take all the debts and obligations of the bank on Byblos Bank’s behalf when the final approval decision will be taken by the Central Bank of Lebanon. It was also decided to delegate the Chairman (or someone he nominates) to take all the necessary procedures to execute the agreement signed on 23/10/2008 with the mentioned bank.

The Ordinary General Assembly minutes of Preferred Shares holders issued on 29 August 2008 of Byblos Bank S.A.L. that was held on 10/11/2008 decided to:

1-       Accredit the By-Laws of the assembly of shareholders.

2-       Nominate Saint Joseph University, Edgard Moussa Fakhoury, Souheil Challita Matar, & Emile Rouphael Sfeir as its representatives who possess the authorities specified in the By-Laws of the shareholders.

The Board of directors of Rasamny Younis Motor Company S.A.L. invites the shareholders to attend an Exceptional Ordinary General Assembly Meeting to be held in the company’s Head Office in Boulevard Chiyah / Hazmieh- Galerie Semaan region, at 5 p.m. on Friday January 30, 2009 to discuss the following agenda:

1-       Listen to the report of the Board of directors concerning the company’s investments outside Lebanon.

2-       Approve these investments and ratify the business done in this matter including the guarantees given by the company.

3-       Give the authorizations according to the articles 158 & 159 from the commercial law.

4-       Urgent divers matters.

Based on the Extraordinary General Assembly resolutions of Bank of Beirut S.A.L. held on November 13, 2008, related to the redemption of Class “B” preferred shares and to the increase of the Bank’s Capital, and based on the approval of the above resolutions by the Council of the Central Bank of Lebanon, the BSE decided to:

1-       Consider Tuesday 30/12/2008 as the last trading day with Bank of Beirut S.A.L. Preferred Shares (B).

2-       Stop trading with the mentioned shares through the BSE by the end of the trading session of 30/12/2008.

3-       Cancel the mentioned share (Bank of Beirut Preferred B) from the list of listed securities on the BSE starting the mentioned date and continue trading with the other shares of Bank of Beirut.

In synchronization with what is adopted in the banking sector in Lebanon, Tuesday 30/12/2008 will be considered as the last trading day in the BSE during the year 2008, whereas no trading operations will be executed on Wednesday 31/12/2008.

The BSE decided to accept as of December 23, 2008 the listing and trading of 12 issues of Lebanese Republic Eurobonds and that in the official market of the stock exchange.

For more information about the details of these issues, please refer to the Laws & regulations folder- Circulars section.

Following the expiry date of Beirut Lira Fund, the BSE decided to stop trading in the shares of the mentioned fund by the end of the trading session of Monday December 22, 2008.

The common shareholders of Byblos Bank S.A.L. are invited to attend the Extraordinary General Assembly that will be held in the Bank’s Head Office, in Achrafieh, Elias Sarkis Avenue, at 12:00 noon on Monday December 1, 2008, to discuss the following agenda:

1-       Approve the purchase of the assets, equities, liabilities and obligations of the Lebanese branch of Unicredit Banca Di Roma SpA, according to the regulations of Article 10 of Law # 192/1993.

2-       Divers matters.

The first nine months of this year were characterized by BLOM Bank’s strong and sustained growth and unanimous recognition by all international financial institutions as the best bank in Lebanon for 2008.

January-September 2008 compared to the same period in 2007

Profits:

- Net Profits for the first nine months went up by 34% to US198 Million  compared to the same period last year.

-  Annualized Return on Average Equity (ROAE) attained 19% in comparison to 15% in 2007.   

-  Annualized Earnings per share recorded $11.24, up 43% from $7.87 in 2007.

Deposits:

Total Customers Deposits increased to US$15 Billion, up 14% from 30/09/2007.

Total Assets:

Total Assets grew to US$17.8Billion, increasing 12% from 30/09/2007.

Capitalization:

 Shareholders’ equity reached US$1.43 Billion, increasing 8% from 30/09/2007 in spite of BLOM exercising in June 2008 its right to call its Preferred shares class 2002 in the amount of US$75

Million.

Liquidity:

BLOM Bank enjoys High Net Liquidity reaching 78% of deposits.

BLOM Bank Group is present in Lebanon, Syria, UK, Switzerland, Egypt, UAE, Jordan, Romania, Cyprus, Qatar (Under Establishment), Saudi Arabia (Under Establishment).

The Beirut Stock Exchange reminds all Lebanese Joint Stock Companies – SAL – (including holding and off-shore companies) with capital above five hundred thousand Lebanese pounds by virtue of article 3 of the legislative decree No. 120/83 and by virtue of article 197 of the by-laws of the Beirut Stock Exchange, implemented by decree No. 7667 dated 16/12/1995, which consider these companies members in the Stock Exchange. Consequently, every member is incumbent to an annual membership fee equivalent to USD /100/ (One hundred USD) in Lebanese Pounds.

The Beirut Stock Exchange requests all members to settle their annual fee for the year 2008 and any other overdue fees before 31/12/2008.  Every member who fails to pay the due annual fees shall pay a fine equivalent to five fold the membership fee, as per article 198 of the by-laws.  Members abiding by the content of this circular within the time limit specified above will be exempted from the default fine.  Payment should be done by submitting a check to the order of Beirut Stock Exchange either:

1.        At the head office of the Beirut Stock Exchange-Azarieh Street, Azarieh Bldg. Block A-3 4^th floor – during the official office hours.

2.        Or by calling the BSE administration at phone No. 01-993555, before 15/12/2008 to send one of its representatives to collect the check, against an official receipt.

Bank of Beirut S.A.L. announces to the owners of Preferred shares (Class B) that the Board of Directors decided in its meeting held on 28/10/2008 to repurchase, prior to maturity, all the Preferred shares (Class B), and that according to Article B-3 of Part 4 of the first decision taken by the Extraordinary General Assembly of the shareholders of Bank Beirut S.A.L. held on 12/11/2003.

Bank Audi sal – Audi Saradar Group and EFG-Hermes Holding Company sae jointly announce that, in light of current financial market conditions, they have discontinued their discussions regarding a possible combination of the two institutions.

The parties confirm that they will continue their collaboration on a number of projects and activities which add value to their respective customers and shareholders base.

Bank Audi sal – Audi Saradar Group               EFG- Hermes Holding Co, sae

Beirut                                                                     Cairo

The shareholders of Bank of Beirut S.A.L. are invited to attend an Ordinary General Assembly meeting in the Head Office, Foch St, Downtown Beirut on Thursday November 13, 2008 at 4 p.m. to study and state the following agenda:

1-       Distribute a prepayment on the profits of the fiscal year 2008 specified to pay the due fixed profits for the owners of Preferred shares (category B) till the premature purchasing date.

The shareholders of Bank of Beirut S.A.L. are invited to attend an Extraordinary General Assembly meeting in the Head Office, Foch St, Downtown Beirut on Thursday November 13, 2008 at 3 p.m. to study and state the following agenda:

1-       Amend the decisions taken by the Extraordinary General Assembly held on 12/11/2003 and that by stating the repurchase and early cancellation of all preferred shares (category B) issued by Bank of Beirut S.A.L., and increase the capital of the bank by transferring a