Financial Report 1st Quarter 2005

(In thousands EGP)

As of 31st March 2005

End March 2005

End March 2004

Assets   11 988 256 10 718 602
Deposits  10 025 914    9 146 039
Loans (Net)    5 745 705     5 656 819
Shareholder's Equity

      829 236

       735 957
1st Quarter 2005
1st Quarter 2004
Net return   122 499  88 220
Net activity revenue  185 955  147 211
Net period profits    67 464    51 288
Financial Ratios
1st Quarter 2005
1st Quarter 2004
Return on assets  2.3 % 1.9  %
Return on Equity 32.5 % 27.8 %
Equity to Assets  6.9 %  6.9 %