FIMBank Plc

Share Issue/Capital Change • Jul 4, 2013

COMPANY ANNOUNCEMENT

The following is a Company Announcement by FIMBank p.l.c. ("FIMBank" or the "Bank") pursuant to the Malta Financial Services Authority Listing Rules and the Prevention of Financial Markets Abuse Act and Regulations:

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This Company Announcement follows from what was announced in Company Announcement FIM183 which announced that FIMBank entered into a convertible loan agreement with United Gulf Bank B.S.C. ("UGB") for the amount of USD 60 million, divided into two tranches of USD 30 million each ("Loan").

FIMBank now announces that it has received notice from UGB of the latter's intention to exercise its option to convert Tranche A of the Loan including any interest accrued up to 29 July 2013 being the anticipated conversion date. As a result of the conversion FIMBank will issue 36,254,567 shares to UGB which will increase UGB's holding in FIMBank to 30.25%.

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Andrea Batelli Company Secretary

4 July 2013