BLC Bank Announces Dividend Distribution

On the 29^th of June 2017, the ordinary general assembly of BLC Bank’s shareholders was held at the bank’s headquarters. The assembly approved 2016’s accounts and decided to distribute dividends as per the following (all amounts below are after the deduction of 5% Tax):

• For holders of BLC Preferred B shares, the amount of $6.65 per share

• For holders of BLC Preferred C shares, the amount of $6.41 per share

• For holders of BLC Preferred D shares, the amount of $ 1.75 per share

 (*) based on 1$ = 1,507.5 LBP

Dividend payments shall be made through Midclear on the 5^th of July 2017 to shareholders whose names appear on the company’s register on the 4^th of July 2017 (Record Date). The ex-dividend date has been set on the 30^th of June 2017.