Dividend - Replacement

Commercial Intnl Bank (Egypt) SAE
1 May 2001

CANCELLATION OF EX ACTION


SECURITY TITLE
*GDR (Reg S), GDR (144A)
MNEMONIC CODE        *CBKD, 41JB
SEDOL CODE           *5-100-121, 2-210-067

On information supplied to the Department, the GDRs were marked ex dividend
on the 30-04-01.

The notice making the security ex dividend is automatically cancelled in 
accordance with the provisions of Rule A5.6