Investor Presentaiton

Emirates Islamic Bank Divisional Performance Global Markets & Treasury ■ Revenue declined 3% compared to 2010 despite a non- recurring gain on a treasury position in 2011 Globally financial markets remained volatile, adversely impacting the Treasury Trading business Persistent low interest rate environment continued to limit clients' propensity to hedge their interest rate exposure although Treasury Sales recorded a moderate pickup in demand for balance sheet / interest rate hedging products during 2011; Similarly, there was a greater demand for investment products. Global currency volatility and the USD recovery against other major currencies helped improve the foreign exchange flow business, as currency hedging volumes improved 303 Revenue Trends AED million -3% 701 678 590 2008 2009 2010 2011 Income Balance Sheet Trends AED billion EIB revenue decreased by 26% compared to 2010 to AED 564 million during 2011 (net of customers' share of profit), due to write-down on investment properties and lower income from investment securities Financing receivables declined 10% to AED 14.3 billion from end- 2010 Customer accounts declined by 28% to AED 18.2 billion from end- 2010 Total number of EIB branches now 33 through the addition of 1 branch in Dubai, 1 branch in Abu Dhabi and 1 branch in Sharjah during 2011; the ATM & SDM network totals 98 17.9 Note: Stand-alone Financial Statements for Emirates Islamic Bank may differ from these results due to consolidation adjustments Emirates NBD Revenue Trends AED million -10% -26% 25.3 928 843 19.6 20.5 767 -28% 18.0 18.2 15.9 14.3 564 2008 2009 2010 2011 2008 2009 2010 2011 Loans Deposits Income 29 29

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