Edita Company Presentation

Selected Cash Flow & Balance Sheet Metrics (EGP mn) Operating Cash Flow1 % of EBITDA 2012 2013 2014 248 334 340 86.2% 84.4% 73.4% Change in Working Capital 2 14 (12) Debt 273 319 399 Cash 237 301 339 Net Debt 36 19 60 X EBITDA 0.1x 0.0x 0.1x Return on Equity2 Dividend Payout Ratio³ 89.8% 36.5% 59.7% Management expects the dividend payout ratio to be approximately 35-50% of IFRS net income in the coming years4 35.5% 0.0% edita 1. Calculated as Net Profit + Adjustments (for Additions to Provision, Interest on Lands' Instalments, Net Interest Expense, Interest in Corporate Tax Advance, Depreciation, Profit on Disposal of PPE) - Change in Working Capital - Interest Paid - Income Tax Paid. 2. Calculated as Adjusted Net Profit/Average Total Equity. Net Profit adjusted to remove the effects of two one-off transactions: in 2014 tax-adjusted EGP 7.0mn net impact of the charitable donation to the "Tahya Misr Fund" and in 2013 tax-adjusted EGP 9.5mn net impact of gains on the sale of investments. 3. Calculated as Dividends Announced / Reported Net Profit. 4. Subject to legal restrictions and if warranted by our results of operations. 25

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