Issue Managers: AAA Consultants & Financial Advisers Ltd. Co-Issue Manager: Bay Leasing & Investment Ltd.

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1 Islami Insurance Bangladesh Limited. (If there is any contrary information please communicate with DSE through e- mail: Disclaimer: The contents of this presentation are entirely based on disclosures made by the company. Therefore, DSE does not assume any responsibility on the authenticity of the facts and figures presented thereof. Brief Overview of the Company : 1. Date of Incorporation : October 25, Commencement of business : October 25, Authorized Capital : Tk. 250 million 4. Paid up Capital : Tk. 60 million 5. Number of Branches : 38 Details of the Issue : Description Ordinary Shares Offer Value In Taka Capital in Taka Pre-IPO Placement - Public Offering 900, ,000,000 Paid up Capital after IPO: Particulars Ordinary Face Value Capital in Taka Shares (Tk.) Pre-IPO Paid up capital 600, ,000,000 IPO 900, ,000,000 Paid up capital after IPO 1,500, ,000,000 Issue Managers: AAA Consultants & Financial Advisers Ltd. Co-Issue Manager: Bay Leasing & Investment Ltd. Auditor: Mahfel Haq & Co.

2 Board of s: Name of s Al-haj Mohammad Sayeed Al-haj M. Tajul Islam Al-haj Md. Ismail Nawab Tofazzal Hossain Position in IIBL Vice ship/sponsorship/ Ownership with other Companies Mili & Associates S & S Corporation Fareast Islami Life Ins. Co. Ltd. Southeast University S & F. Knit Composite Ltd. Southeast University M/S New Steel Bitan NCC Bank Ltd. T. H Fashion New Generation Trading Agro Equipments Ltd. Position -EC Vice- Shayla Parbin Shayla Enterprise Samira Azim MARK Fabrics and Fashion Momith Fashion Al-haj Md. Abdul Halim Nur Mohammad Mamun Anjumon-Ara-Begum Abdul Halim & Brothers Shahjalal Islami Bank Ltd. Ideal Products (Pvt.) Ltd., Ideal Printers National Iron & Steels Industries Ltd. Rubaiya Vegetables Oil Industries Ltd. Rubaiya Plastics Industries Ltd. Rubaiya Banaspati Ghee Ltd. Gazi Belayet Hossain M/s. Belayet Navigation Ashma Nur Al-haj Mohammad Abdul Hannan M/s. Abdul Hannan Mia Tamanna Dying & Printing Mohammad Murtaza Kamal Victory Associates Nostaren Jamila

3 Ownership of the company s securities: SL. Nos. of Name Status No. Shares Percentage 1 Al-haj Mohammad Sayeed 20, % 2 Vice- Al-haj M. Tajul Islam 20, % 3 Al-haj Md. Ismail Nawab 20, % 4 Tofazzal Hossain 30, % 5 Mrs. Shayla Parbin 20, % 6 Mrs. Samira Azim 20, % 7 Al-haj Md. Abul Halim 20, % 8 Nur Mohammad Mamun 30, % 9 Mrs. Ashma Nur 20, % 10 Mrs. Anzumon Ara Begum 65, % 11 Al-haj Mohammad Abdul Hannan 20, % 12 Gazi Belayet Hossain 30, % 13 Mohammad Murtaza Kamal 30, % 14 Mrs. Nostaren Jamila 20, % 15 Others Shareholders 235, % Total 600, % Tangible assets per share: (Amount in Taka) Particulars Investments (at Cost) 13,770,000 Interest, Dividend & Rent Outstanding 10,127,378 Amount Due From Other Persons or Bodies Carrying on Insurance Business 8,955,077 Sundry Debtors 5,860,221 Cash in Hand and at Bank 170,661,709 Fixed Asset 25,469,810 Land 900,000 Security Deposit 505,000 Stamps in Hand 993,641 Stock of Printing & Stationery Materials 585,498 Total Tangible Assets (A) 237,828,335 Proposed Dividend 6,000,000 Balance of Fund and Account 55,264,900 Deposit Premium 2,149,668 Liabilities & Provisions 69,984,489 Provision for Taxation 7,470,864 Sundry Creditors 9,885,266 Total Liabilities (B) 150,755,187 Net Tangible Assets (A-B) 87,073,148 Number of shares (C) 600,000 Tangible Asset Per Share (A-B)/C

4 Dividend Information: The company has declared dividend for the year 2007 & 2008 at the rate of 5%, 10% respectively. Performance at a Glance: (Tk. in Million) Particulars Net Premium Growth 15.38% -4.92% 12.03% -6.72% Net Claims Growth % % % % Management Expenses Growth 9.87% -0.58% % 20.21% Profit Before Taxes Growth 93.93% % 6.63% % Profit after Taxes Growth 71.58% % 24.23% % Earnings per Share Growth 71.58% % 24.23% % Post IPO EPS (restated) Total Assets Growth 25.09% 14.77% 24.55% 1.61% Total Liabilities Growth 5.63% 8.25% 25.24% -0.69% Net Asset Value Growth % 28.88% 23.31% 5.85% Total Reserves* Growth % % % 21.55% Net Asset Value per Share Growth % 28.88% 23.31% 5.85% Determination of Net Asset Value: Particulars Total Assets Total Liabilities Net Assets No. of Shares Net Assets Value per Share

5 Classified Summary of Assets of Islami Insurance Bangladesh Ltd. As at December 31, 2008 Sl. No. Class of Assets Book Value Market Value Remarks 1 Investment as statutory deposit 9,000, ,000, Realizable Value 2 Share (ICB) 630, , Realizable Value 3 Debenture (MPB) 4,140, ,813, Realizable Value 4 Interest Accrued but not due 10,127, ,127, Realizable Value 5 Amount due from other 8,955, ,955, Realizable Value persons or bodies carrying on Insurance Business 6 Sundry Debtors including Advance deposit & payments 5,860, ,860, All Considered good 7 Fixed Deposit with Bank 151,190, ,190, do 8 STD & CD Account with 15,098, ,098, do Banks 9 Cash Cheque & Stamps in 5,366, ,366, do hand 10 Fixed Assets at cost less depreciation 25,469, ,469, Cost less depreciation 11 Stock of printing Materials 585, , Cost 12 Land purchase in process 900, , Cost 13 Security Deposit 505, , Realizable Value Total 2,378,28, ,600, RISK FACTORS AND MANAGEMENT PERCEPTION REGARDING RISKS The company is operating in a field involving a great deal of external/internal risk factors and the management of Islami Insurance Bangladesh Limited perceives the risk factors which are as follows simultaneously:- Interest rate risks: Volatility of money market, which ultimately imposes upward pressure on interest rate structure, may erode Organization s profitability. The company has procured vehicles for its officers on bank financing, any adverse change in interest rates may decrease the profitability to negligible mount, on the other hand, any upward change in the rate of bank interest will increase the interest income earned on company s paid-up capital and fixed deposits. Exchange rate risks: Devaluation of local currency against major international currencies may affect company s marine insurance business adversely. The above effect will be overcome by the increased business on other areas

6 Industry risks: I. Liberalization of permission to set up more insurance companies by the Government. II. Natural calamities Liberalization of permission to set up more insurance companies by government may result in severe competition amongst insurers resulting in reduction of premium income and profitability of the company. Though liberalization of permission to set up more insurance companies by government may be encouraging to new entrants resulting tough competition, IIBL does not apprehend any loss of business due to its competent and highly experienced management team and expanding trend of insurance business in the country. IIBL has already proved its leading role by its attractive earning performance. The coverage of natural calamities like cyclone, flood by insurance may severely weaken the financial strength of the company by accruing heavy claims on its own retained account. The estimated losses arising from natural calamities are covered by higher rates of premium and reinsurance coverage for such losses. Management has taken into consideration statistical assessment of occurrence of natural calamities in setting its rates of premium and reinsurance risks. Moreover, most of our trained port folios (Fire including flood, cyclone risks) are protected under catastrophic Excess of Loss Treaty with S.B.C. Market & Technology related-risks: To be competitive in the market, insurance companies need to develop new products and offer excellent clientele services and also to expand the market by bringing more and more items under the preview of insurance otherwise the competitors may take away company s business. Insurance business globally is increasing. New items are coming under the cover of insurance as days pass by, the market is expanding as people are realizing the importance of insurance. Because of our excellent services and introduction of new products, the company does not envisage any market & technological related risks. Potential or existing government regulations: Government policy change in respect of rates of premium, underwriting commission, agent s commission, reinsurance commission, interest on deposits etc. may affect income and profitability. The government, who is the owner of Sadharan Bima Corporation, is not expected to change policies relating to insurance requirement affecting the income of the insurance companies without proper consequential relief for self-interest.

7 Potential changes in global or national polices: Any structural change in the international insurance business adversely affecting reinsurance operations may have negative impact on the profitability of the company. The history of insurance/re-insurance business for over two hundred years proves that any major structural change affecting our reinsurance business is unimaginable. Any such event would create a global destabilization which the major economies must not cause to happen. History of non-operation, if any: Is there any chance for the company to become non-operative? No general insurance company has ever become non-operative in Bangladesh nor there is any chance to become non-operative in future. Operational risks: Political and social condition may affect smooth operation of the business resulting in drastic fall to the value of its investment. Political unrest in the past could not reduce the premium income of the company as the shortfall overcome by increased income in subsequent period.