UAE Banking Market Update

Profit and Balance Sheet Growth in Recent Years Revenues and Costs (AED billion) Revenue +20% 10.8 9.7 8.4 7.1 4.7 Costs +14% 3.6 3.4 3.0 3.0 2.7 1.8 7.5 7.4 2.3 2.5 Net Profits (AED billion) -6% 3.9 3.7 3.3 2.3 2.3 1.9 2006 2007 2008 2009 2010 Q3 11 2006 2007 2008 2009 2010 Q3 11 2006 2007 2008 2009 2010 YTD YTD Q3 11 YTD 166 Assets Assets and Loans (AED billion) +12% 282 282 286 272 254 109 Loans +15% 209 215 196 196 166 Deposits and Equity (AED billion) Deposits +17% 200 181 184 162 141 95 Equity(1) +16% 26 26 19 20 15 29 28 29 2006 2007 2008 2009 2010 Q3 11 2006 2007 2008 2009 2010 Q3 11 2006 2007 2008 2009 2010 Q3 11 2006 2007 2008 2009 2010 Q3 11 YTD YTD YTD YTD 1) Equity is Tangible Shareholder's Equity excluding Goodwill and Intangibles. Source: Financial Statements, Aggregation of Emirates Bank International and NBD results Emirates NBD 14

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