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Investor Presentaiton

Income Net Interest Margin Trends (%) Q3 2010 NIM of 2.51%; -3bps from 2.54% in Q2 2010: Negative mix impact of declining loan balances Partly offset by increased deposit spreads due to easing competition for deposits Note: Net interest margin is calculated based on Average Interest Earning Assets (AIEA) Qtrly NIM 2.65 2.21 2.01 2.05 3.01 2.85 2.76 2.60 2.59 2.54 2.51 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Non-interest Income Trends (USD million) Core non-interest income increasing steadily quarter-on-quarter: Q3 2010 vs. Q2 2010: +1% despite seasonal impacts in Q3 Core Non-Interest Income Quarter-on-Quarter Trend - Q2 2010 vs. Q1 2010: +2% Year-on-year trends in core non-interest income reverting to positive: - Q1 2010 vs. Q1 2009: -12% - Q2 2010 vs. Q2 2009: -0% Q3 2010 vs. Q3 2009: +1% Note: Core non-interest income excludes the impact of Investment Properties and Investment/CDS income Emirates NBD Core Non-Interest Income Year-on-Year Trend 204 204 184 183 179 183 184 179 184 183 183 184 2009 2010 Q1 Q2 Q3 ■Q1 Q2 Q3 2009 2010 15
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