Cairo, 30 April 2017

We refer to your e-mail dated 24 April 2017, regarding the blocking by Ahli United Bank (Egypt) SAE (AUBE) of the accounts of Mrs. Azza Soliman, to which we have been requested to respond. We respond as follows … 3 - On 20 November 2016, the Investigation Judge issued a judicial order addressed to AUBE prohibiting Mrs. Soliman from disposing of her Real Estate and Monetary assets in Egypt, based on the investigations held by the Public Prosecution in the lawsuit no. 173 of 2011. The issued order compels AUBE to block the bank accounts of Mrs. Soliman. 4- According to the Egyptian Criminal Procedures Law, the judicial order should be presented to the competent Criminal Court in order to support or refuse such order. Consequently, and after presenting the issued order, the Criminal Court issued its verdict on 14th December 2016 supporting the prohibition order based on the justifications mentioned in the recitals of verdict … AUBE’s blocking of the accounts of Mrs. Soliman was lawful and based on the judicial order issued from the Investigation Judge dated 20 November 2016 and supported by the verdict dated 14th December 2016 issued from the competent Criminal Court, as outlined above … AUBE is obliged to act in accordance with the governing laws and accordingly, AUBE will only be able to allow Mrs. Soliman to access her accounts after the cancelation of the issued order.