UAE Banking Market Update

Non Interest Income Composition of Non Interest Income (AED million) Q3 2011 Q3 2010 Change 2010 2009 AED million YTD YTD (%) Change (%) Core gross fee income 1,900 1,845 +3% 2,348 2,572 -10% Fees & commission expense (115) (106) +8% (107) (149) -39% 1,785 1,738 +3% 2,241 2,423 -8% Investment properties (2) (148) -98% (195) (50) +75% Investment securities 167 422 -60% 531 641 -20% Network International 273 -100% 349 368 -5% Gain on Debt Exchange Total Non Interest Income 160 n/a n/a 2,110 2,285 -8% 2,926 3,382 -13% Highlights 2010 non-interest income declined by 13% from 2009, impacted by: AED 214m write-downs of investment properties lower positive investment securities income 8% decline in core fee income Q3 2011 YTD Non-interest income decreased by 8% compared with Q3 2010 YTD due to : lower investment securities income in Q3 2011 YTD AED 273 million contribution from Network International in Q3 2010 YTD Q3 2011 YTD Core fee income improved by 3% compared with Q3 2010 YTD due to pickup in banking fee income (+21%) improvement in trade finance income (+2%) Offset by decrease in forex, rates and other income (-15%) Core Gross Fee Income Trends in 2010 (AED million) Core fee income 3,436 84 (28) (11) (54) (118) Core Gross Fee Income Components (AED million) 1,845 629 1,900 535 112 118 3,309 835 688 410 418 Q3 10 YTD Q3 11 YTD 2009 Acquiring Fee Income business Trade finance Fee Income Forex, Rates & Other 2010 Trade finance ■Fee Income ■Brokerage & AM fees ■Forex, Rates & Other Emirates NBD 17

View entire presentation