| » When will the capital increase be finalized in preparation for the stock dividend distribution? |
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| Certificate has been received from the Investment Authority and the required documents and fees have been paid to the Capital Market Authority. We are waiting for notification that the capital increase has been finalized.
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| » Will dividends be distributed this year ? |
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| A decision was taken during the last general assembly meeting on 18/3/2008 to distribute a stock dividend of 1.5 shares for each 10 shares. |
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| » Is there an increase in capital planned ? |
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| No decision has been taken on this issue to date. |
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| » Has a study been prepared for future investments ? |
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| A study is currently being prepared by a financial consultant on available investment opportunities in Egypt related to the company’s field of business in integrated transport. |
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| » Does the company plan to acquire other companies in order to complete its activities ? |
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| No decision has been taken on this issue to date. |
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| » Is there a strategic investor expected to enter as a partner in EGYTRANS ? |
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| No decision has been taken on this issue to date. |
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| » Are the new board members expected to contribute to the company’s activities and to increasing revenues ? |
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| The new members of the board are independent professionals. Raising performance levels and increasing revenues are among the objectives of their addition to the board. One new member is an expert on corporate governance and risk management while the other is an expert on marketing. |
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