Investor Presentaiton

Tourism in Egypt 5.2 2004 2005 9/11 2006 2007 Tourism Sector Tourist Arrivals to Egypt | Millions EGP Devaluation Sharm El Sheikh attacks 12.8 12.3 11.1 9.1 8.6 8.1 14.7 Egyptian Revolution Resilience, returning tourists and continued investment highlight sector Dahab President Morsi Elected Taba & Noweiba attacks attacks 2008 2009 2010 2011 2012 2013f 2014f 14.1 11.7 13.1 12 11.5 9.8 2015f 2016f Overnight Stays in Hotels by Tourists (millions) 105.7 98.4 90.2 86.0 87.6 87.2 82.9 73.0 • 11.5 mn tourists in 2012 vs. 14.7 mn in 2010 • USD 9.9 bn revenues in 2012 vs. USD 12.53 bn in 2010 • • USD 80 average room rate is one of the region's lowest and hence most attractive in tough economic times 240,000 hotel rooms in more than 1,000 operating hotels 220,000 new hotel rooms under construction Cairo International Airport underwent USD 350 million upgrade to serve a total of 23 million passengers per year Tourism on the Egyptian Red Sea Source: Beltone Financial, ERC Staff Research • Red Sea accounts for Approx. 50% of total tourist arrivals Hurghada area alone generates around USD 4 billion in tourism revenues annually . • • 86% average occupancy in Hurghada - the highest in Egypt Red Sea governorate has 68,000 operational hotel rooms • EGP 1.4 billion Hurghada International Airport upgrade for new runway and new terminal to handle an additional 7.5 million passengers per year 2009 2010 2011 2012 2013f 2014f 2015f 2016f 40 Investor Presentation 2012 ERC Egyptian Pesorts Company

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