Brief Analysis -2004 Results

Commercial Intnl Bank (Egypt) SAE
13 February 2005


                                                         Date: February 13, 2005



CIB  Announces  end of  2004   Results



CIB has ended 2004  with impressive results of LE 505.7  million representing
23% yoy growth. The constant and steady growth was obviously due to core
business activities where ;

Net Interest Income grew by 23% from LE 578 million in  2003 to  LE. 709
million in  2004. Non-Interest Income growth of 30% recording LE. 564 MM which
results in 26% growth in NOP.

Total Provisions  LE.323 million was distributed as follows:

     Loan Loss Provisions: LE. 257 million

     Tax Provisions LE. 50  million

     Contingent Provisions LE. 32 million

     General Risk Provisions LE. 16 million

Operation Risk of 107 MM and Market Risk OF 17 MM are part of General Risk
provision coverage according to 'Basel II' requirements.

Non Performing Loans (NPL)  recorded 5.2% of Total Portfolio. NPL Coverage Ratio
reached 137%.



CIB Investor Relations Team



For any further information contact :


Suha Awny
Investor Relations Officer
Direct : 00 202 747 2776
e-mail: [e-mail]



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