Investor Presentaiton

- 2 – Strategic Real Estate Project by ERC – The Sawari Marina Robust Demand for Luxury Developments ERC's pre-launch sales event in late 2010 a great success: Sales of luxury villas and condominiums significantly outpaced ERC's best-case-scenario projections, underscoring the strength of demand for ERC's strategic developments at Sahl Hasheesh. - Project highlights: • Total area of phase 1: 1.5 M sqm • Number of apartments: 1,020 • Number of villas: 171 • Number of hotel land plots: 3 • • Total residential BUA: • • Construction duration: Apt. average selling price: Villas average selling price: 130,000 sqm 9 years USD 2,200/sqm USD 2,900/sqm • Apartments construction cost: USD 430/sqm 000 DINING • Villas construction cost USD 520/sqm KITCHEN 38230 SWIMMING POOL D TERRACE 18 m RECEPTION 27m 42x62 Cof SALON 24 m 45x52 FOYER 23055 O ERC and ODM will continue to drive sales: Sales of Sawari Marina properties are ongoing and will continue throughout the project's development. The project will give ERC a consistent revenue and profit stream during the development phase as well as a further recurring revenue stream as the Marina comes online. . Total revenues: USD 367 M FOWDER • Total costs: USD 115 M CARPORT • Gross profit: USD 252 M ENTRY 28 Investor Presentation 2012 ERC Egyptian Pesorts Company

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