Damascus - 10 August 2011

BSFF completed the capital increase of Banque Bemo Saudi Fransi after the successful subscription on 2,590,000 shares representing SYP 1,295,000,000 (34.95% of the banks capital). BBSF's capital as of August 10 has become SYP 5 billion.

BBSF shareholders as of August 10 2011 will be able to transfer the additional shares they hold from the Central Depositry Center to their stock portfolios held at BSFF.