1st Quarter Highlights

Commercial Intnl Bank (Egypt) SAE
27 April 2005


                                                           Date: April 27th 2005


                    CIB Announces end of March 2005 Results


Despite the exchange parity rally between the Egyptian Pound and the US$ that
negatively impacted the foreign currency revenue as well as the growth in both
loans and deposit, CIB has ended Q1of the year 2005 with 29% profit growth YOY.

CIB achieved a bottom line profitability of LE 142.9 MM up from LE 110.8 MM at
end Q1 2004.

Net interest income shows an increase of 27% YOY reaching LE 209.8MM in Q1 2005
up from LE 164.9MM in Q1 2004. Non Interest Income increased by 15% to reach LE
138.2 leading to 23% growth in NOP.

Provisions remained almost at the same level of LE 81MM:

Tax Provision                                  LE.36 MM

Loans and Contingent Loss Provision            LE.45 MM



Non Performing Loans & contingent (NPL) recorded 5.6% of Total Portfolio. NPL
Coverage Ratio reached 134%.



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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