​The public subscription period for shares in the first Egyptian IPO in more than two years will run from Monday, 7 June 2010 through Thursday, 10 June 2010 EFG Hermes, the leading investment bank in the Arab world, announced today that the road show for the private placement offering of Juhayna shares has been met with very strong demand, with Egyptian, Gulf and Western investors having already requested 1.75 times as many shares as are on offer in this tranche. This tranche of the initial public offering of Juhayna — the leading Egyptian producer of milk, dairy products and juices — was priced at EGP 4.90 per share. The news came just 24 hours before the scheduled opening of the public subscription period. “Juhayna is the first company to IPO in Egypt since May 2008 and one of the very few widely marketed IPOs to take place in the MENA region during the past couple of years,” said Karim Awad, Head of EFG Hermes Investment Banking, the Sole Global Coordinator and Book Runner for the offering. “Our ability to price this offering and to generate outstanding quality demand illustrates the strength of the EFG Hermes investment banking and sales franchises and their ability to successfully execute offerings even in very tough market conditions.” The road show has seen the company attract high-quality investors, largely comprised of long-only Western institutional funds. Strong demand from all investor classes is a testament to Juhayna’s very solid company fundamentals. With its listing, the Company is the first player from this important sector of the food and beverage industry to list on the Egyptian Exchange. The public subscription notice for the retail tranche was published in national newspapers this morning. Retail investors are being offered the chance to subscribe to Juhayna’s IPO at a price of EGP 4.66 per share, representing a 5% discount to the private placement price of EGP 4.90 per share. The public offering period is scheduled to last from Monday, 7 June 2010 until the end of the business day on Thursday, 10 June 2010. Juhayna is offering a total of up to 205.97 million shares equivalent to 39.58% of the company’s capital before the capital increase. Twenty percent of the offering (or 41.20 million shares) will be available for public subscription.