Investor Presentaiton

Associates and Joint Ventures Highlights De-risking of investment in Union Properties (UP) since 2009: - During Q3 2013 YTD, ENBD disposed of 32.6% of UP shares in the market A gain of AED 191 million was recorded - ENBD holds 15% of UP Emirates NBD Composition of Associates and Joint Ventures Income Statement Q3 13 Q3 12 AED million % Q3 13 Q2 13 % YTD YTD National General Insurance 32 10 +220% 12 -33% Network International 68 59 +15% 26 29 -10% Bank Islami Pakistan 1 4 -75% 0 0 n/a Total 101 73 +38% 34 41 -17% Balance Sheet - Since percentage of holding is less than 20%, ENBD does not have significant influence in UP UP holding has therefore been accounted as AFS investment from 21 August 2013 Network International accounted for as a jointly controlled entity from the start of 2011 with a carrying value of AED 1.4 billion ⚫ 24.8% stake in Bank Islami Pakistan acquired as part of Dubai Bank AED million 30-Sep-13 31-Dec-12 % 30-Jun-13 % National General Insurance 153 132 +16% 146 +5% Network International 1,413 1,394 +1% 1,435 -2% Bank Islami Pakistan 23 23 -1% 23 -2% Total 1,588 2,080 -24% 1,905 -17% 27 27

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