Chairman of the Board

Board Decision

General Authority for Financial Supervision

No. 31 of 2011 dated 11/5/2011

Chairman of the Board of the General Authority for Financial Supervision

Having reviewed the Capital Market Law issued by Law No. 95 of 1992 and its Executive Regulations, and the decisions issued by the Authority in implementation thereof,

And having reviewed the Central Deposit and Registration of Securities Law issued by Law No. 93 of 2000 and its Executive Regulations,

And having reviewed Law No. 10 of 2009 regulating supervision over non-banking financial markets and instruments,

And having reviewed Presidential Decision No. 191 of 2009 regarding the rules organizing the management and financial affairs of the Egyptian Exchange,

And having reviewed the Statutes of the General Authority for Financial Supervision issued by Presidential Decision No. 192 of 2009,

And having reviewed the Rules for Listing, Continued Listing, and Delisting of Securities at the Cairo and Alexandria Exchanges issued by Board Decision No. (30) on 18/6/2002 and its amendments,

And having reviewed the Rules for Listing Securities Issued by Small and Medium Enterprises issued by Board Decision No. 62 of 2007 dated 11/7/2007,

And having reviewed the approval of the Board of Directors in its session No. (6) of 2011 dated 11/5/2011

Decided

(Article One)

A new paragraph is added to Article (18) of the aforementioned Listing, Continued Listing, and Delisting Rules, with the following text:

"Every company with listed Egyptian shares or depositary receipts is also obligated to periodically notify the Exchange and the Authority of a disclosure report on the shareholder structure and board structure, and any changes thereto,

On a quarterly basis using the form attached to these Rules, within 10 days from the end of each period. The Exchange is obligated to publish the aforementioned disclosure reports on the trading screens at the Exchange immediately upon receipt, as well as on the Exchange's electronic website in a sequential historical manner."

(Article Two)

This Decision shall be published in the Egyptian Gazette and shall be effective from the day following its publication.

Dr. Ashraf Al-Shaqawi Chairman of the Board

General Authority for Financial Supervision Office of the Chairman 46076

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Smart Village, Building 15 - B Km 27, Cairo-Alexandria Desert Road 6th of October Governorate, Postal Code: 12577

Telephone: 0020 2537 2002 Email: info@efsa.gov.eg Website: www.efsa.gov.eg Fax: 0020 2534 5333

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Disclosure Report Form

Regarding the Board of Directors and Shareholder Structure in Implementation of Article 18 of the Listing Rules

Data

Company Name	End of Period for Which This Report is Prepared
	First Quarter
	Second Quarter
	Third Quarter
	Fourth Quarter

Company Contact Details:

Investor Relations Officer Name	Telephone Number	Fax Number
Email Address
Head Office Address
Website Address

Shareholder Structure (Shareholders owning 5% or more):

Name	Status According to Current Statement	Status According to Previous Statement
	Number of Shares	Percentage

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