Issue of Equity

Commercial Intnl Bank (Egypt) SAE
17 August 2006



                                                                       17/8/2006


                                 Announcement


Based on a decision by the Extraordinary General Assembly held in 26/6/2006 to
increase the issued and paid-in capital from EGP 1300 million to EGP 1950
through distributing one free share for every two shares, August 31 has been set
as the date for distributing the free shares to the holders of the share till
the end of the working day of August 30 through Misr for Clearance, Settlement
and Central Depositary (MCSD).





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