Emirates NBD Earnings Presentation

Divisional Performance (cont'd) Global Markets & Treasury ■ Revenues in Q3 2010 YTD were USD 133m compared with USD 178m in Q3 2009 YTD, the decline being primarily due to contraction in the spreads generated from interbank funding and the mix impact of increased net liquid assets ■ The Trading business had an excellent first half of 2010, capitalising on favourable opportunities in the Middle East equity and credit markets, but Q3 2010 income was impacted by increased volatility in global markets and reduced risk appetite of foreign investors for Dubai and the MENA region USD million -25% 178 133 Q3 2009 YTD Q3 2010 YTD ■Revenue USD million +3% 75 77 Q3 2009 YTD Q3 2010 YTD ■Revenue USD billion USD million 6.7 +18% 5.6 44 4.9 4.6 Emirates Islamic Bank Network International ■ 3% increase in Q3 2010 YTD revenue vs. Q3 2009 YTD Processing income grew 9% while acquiring revenues were broadly flat as reduced margins have offset a 13% growth in acquiring volumes ■ Serves over 10,000 merchants and 49 banks and financial institutions in the region EIB revenue declined 7% year-on-year to USD 160m in Q3 2010 YTD (net of customers' share of profit) Income includes USD 44m write-down on investment properties; underlying income growth of 18% Financing receivables declined 7% to USD 4.6b from end-2009 ■ Customer accounts grew by 21% to USD 6.7b from end-2009 ■ Total number of EIB branches at Q3 2010 totaled 30 with an ATM & SDM network of 75 and 28 respectively Note: Stand-alone Financial Statements for Network International and Emirates Islamic Bank may differ from the above due to consolidation adjustments Emirates NBD 173 160 Q4 2009 Q3 2010 ■Financing receivables ■Customer accounts Q3 2009 YTD Q3 2010 YTD ■Revenue Inv Prop Write-down 23 23

View entire presentation