FIMBank Plc

Major Shareholding Notification • May 30, 2013

COMPANY ANNOUNCEMENT

The following is a Company Announcement by FIMBank p.l.c. (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 previous company announcements and in particular in Company Announcement FIM168 announced on the 22 November 2012 which explained in detail the proposed multi-step transaction between Burgan Bank S.A.K. ("Burgan Bank") and United Gulf Bank B.S.C. ("UGB") and FIMBank.

Transaction with Burgan Bank UGB

FIMBank p.l.c. announces that it has been informed that a share purchase agreement has been entered into between Massaleh Investments K.S.C.C. ("Massaleh") and Kuwaiti Interests for Development Holding Co. ("KIDH") on the one hand and Burgan Bank and UGB on the other hand (collectively the 'parties'). In terms of the share purchase agreement and subject to the terms and conditions set out therein, upon completion Burgan Bank will acquire 35,000,000 ordinary shares in the Bank and UGB will acquire 17,948,867 Ordinary Shares in the Bank. These shares amounting in aggregate to 52,948,867 ordinary shares are currently held by Massaleh.

We are also informed that the Malta Financial Services Authority has confirmed by letter to the parties dated 29 May 2013 that it has no objection in terms of the Banking Act to this change in shareholding in the Bank.

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Andrea Batelli Company Secretary

30 May 2013