The 17th Annual General Meeting (AGM) of the Shareholders of EBL was held on Tuesday, 28th April 2009 at the Bangladesh-China Friendship Conference Centre (BCFCC) Agargaon, Dhaka. Mir Nasir Hossain, Chairman of the Board of Directors of the Company presided over the Meeting which was attended by Ms. Aneela Haque, Asif Mahmood, Gazi Md. Shakhawat Hossain, Meah Mohammed Abdur Rahim, and Ali Reza Iftekhar, Managing Director & CEO and Safiar Rahman, Company Secretary. A large number of Shareholders were also present at the meeting. Mir Nasir Hossain, Chairman, Board of Directors of the Company presented the Directors’ Report and Financial Statements for the year 2008 before the Shareholders. Ali Reza Iftekhar, Managing Director & CEO replied to the Shareholders’ queries wherever needed. For the year ended 31st December 2008, the Shareholders unanimously approved the following:

(1) Stock Dividend (Bonus Share) @ 20% on the Shares held by each Shareholder as on the ‘Record Date’ i.e. 30th March 2009

Amid intense competition among the existing Banks, EBL continued to maintain its growth both in terms of business volume and profitability. The year 2008 saw an impressive growth in Operating Profit by about 27.54% and Total Assets of the Company stood at Tk.54.59 billion at the end of 2008 which is 35.80% higher than the previous year. During the year, the Profit Before Tax (PBT) grew by 50.20% to Tk.1,931.00 Million. During the year 2008 the Earning Per Share (EPS) was BDT 57.52 (2007: BDT 30.22).

During the Discussions, the Shareholders appreciated the Board, Management and specially the Managing Director for such a splendid business result, operational and financial performances and also for declaring Stock Dividends (Bonus Shares) among the higher Capital based Private Commercial Banks during the year under review.

Mir Nasir Hossain, Chairman of the Board of Directors of EBL presided over the 17th AGM of the Company and Directors Ms. Aneela Haque, Asif Mahmood, Gazi Md. Shakhawat Hossain, Meah Mohammad Abdur Rahim, and Ali Reza Iftekhar, Managing Director & CEO and Safiar Rahman, Company Secretary were present.