Investor Presentation August/September 2009

Divisional Performance Wholesale Banking Consumer Banking & Wealth Management Wholesale banking had another successful half year Continued success of transactions business Key focus during the first half of 2009 was on balance sheet optimisation, continued proactive management of credit quality, building non-risk based and fee generating businesses Revenue grew 44% year-on-year and 65% from H2 2008 ■ Loans grew 8% from end-2008 Deposits grew 12% from end-2008 AED billion 158 171 143 AED million +44% 82 77 74 2,808 1,947 1,701 H1 08 FY 08 H1 09 H1 08 H2 08 H1 09 Loans Deposits Revenue AED billion CWM continues to expand and build on distribution reach Distribution network strengthened to 99 branches ATM and SDM network now at 550 Revenue grew 10% year-on-year and decreased by 1% from H2 2008 due to lower fee income Loans declined by 7% from end-2008 Deposits grew 13% from end-2008 Emirates NBD 46 45 45 26 23 24 24 51 AED million +10% 1,425 1,585 1,565 H1 08 FY 08 H1 09 H1 08 H2 08 H1 09 Loans ■Deposits Revenue 18

View entire presentation