Investor Presentaiton

ERC Corporate History 2012 2011 Design Construction 2010 • Marketing • Focus on completing key strategic assets 2009 Community Management • 2008 2007 2006 • 2005 Phase III master planning process begins 2004 Construction 2003 Marketing 2002 • • 2001 2000 • 1999 1998 1997 • Design • 1996 1995 2010-2012 onwards . New management augments existing internal structure taking company to next level in its lifecycle - key support functions included in HR plan Development of community services management and utilities reticulation Third regional five-star hotel begins operations ERC signs agreement with ODH to develop Sawari Marina in 2010 ERC signs MOU with Nikki beach in 2011 for management of boutique hotel Launched Jamaran residential villas project in 2012 Signed agreements to establish first hospital and pier management in 2012 2007 - 2009 First regional four-star hotel begins operations ERC begins considering additional land holdings to replicate business model 2004 - 2007 Unprecedented sales success based on relationship marketing and private roundtable negotiations 1999 - 2003 Aggressive marketing to counter tourism industry crash Appreciation of overall financial climate led to practical and market leading sales terms and development schedules 1999 Infrastructure work begins with Bechtel as project manager 1998 First plot sold for USD 37/m² 1996-1997 Incorporation Concept development and master planning for Phases I and II by RTKL 1995 Land acquired for first project - "Sahl Hasheesh" for USD 1.32/m² 10 Investor Presentation 2012 ERC Egyptian Pesorts Company

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