1. Core Banking System Recommendation for Board Approval

2. Agenda  List of Vendors  Selection Process  Why CoreB  Implementation Risks  The Cost Factors  Future Course of Action  Conclusion  Questions and Answers

3. Vendors VendorSolution TempestCoreB InfoPartSysA CliveCreditBank WavelliMultiple MountainGreenField

4. Selection Process  Short-listing based on  Local Presence  Supportability  Market Repute of the Solution internationally as well as locally.  RFP (Request for Proposal) Sent to Short-listed Vendors  Responses to RFPs were Evaluated and Scored  Workshops held for CoreB, SysA & AutoSoft.  Feedback of JSBL functional experts gathered  SysA and CoreB scored highest and selected as finalists.

5. Acceptance  The Charts Show How JSBL Personnel have Evaluated SysA and CoreB  Acceptance Results (Average of Submitted Responses)  SysA: 80%  CoreB: 87%

6. Gaps  Gaps are the Features Not Readily Available in a Solution  Gaps in CoreB are Less than SysA

7. Clientele (Local) Tempest CoreBSystem Access SysA ClientStatusClientStatus Allied BankGap AnalysisMCB Bank100+ Branches Live Bank AlfalahWork in ProcessFaysal Bank20+ Branches Live Meezan BankTreasury Live; CBS Signed First Dawood IslamicImplemented NIB BankCBS Signed

8. Clientele (Global) Tempest CoreBSystem Access SysA BAAC, Bansefi, Industrial Bank of Korea Retail BankingPunjab and Sind Bank of India Core Banking System Lloyds TSBPrivate BankingErste Bank (Austria)CBS Credit SuissePrivate BankingICICI BankeLending, eLC Dresdner BankWholesale BankingUnibanka (Latvia) UBSWholesale BankingBurqan Bank (Kuwait)CBS Amex BankUniversal BankingSKB (Societe Generale Group, Slovenia) CBS, Retail Banking Mashreq BankUniversal BankingChina Development BankCBS Saudi HollandiUniversal BankingAEB Bank (Hungary)Retail & Wholesale

9. Why CoreB  Scored Highest Amongst all Vendors  An Average Acceptance of 87% vs. 80% for SysA.  49 Gaps vs. 163 for SysA.  Unanimous decision of the Steering Committee.  Lower Total Cost of Ownership (TCO) Compared with SysA  International Repute and Second Best Selling Core Banking product  Supports better Interoperation

10. Implementation Risks  Aggressive Timeline  (Risk) Need to completely migrate off AMEX systems by Dec 31 2007  (Mitigation) Implementer promise to deliver by Oct 30 th CoreB with AMEX system functionality  (Mitigation) Add penalty clause for late delivery  (Fallback) Ask AMEX to make their system (SBS) available beyond Dec 31 2007

11. Implementation Risks  Resource Shortage  (Risk) There is only one local partner who is tasked to implement at various Banks  (Mitigation) Develop technical resource pool, independent of the local partner  (Mitigation) Incentive plans for the team to help meet the deadline, and increased retention  (Mitigation) Have Tempest promise international resources in case of default of local partner  (Fallback) Ask AMEX to make their system (SBS) available beyond Dec 31 2007

12. Cost Factors  Core Banking Solution  License  Maintenance and Support  Implementation  Hardware  Other Software  ATM Middleware  Oracle Financials  Middleware  Database

13. Pricing All prices are in US Dollars Prices can vary +/- 10% in hardware, middleware and database

14. Pricing All prices are in US Dollars Prices can vary +/- 10% in hardware, middleware and database

15. Pricing All prices are in US Dollars Prices can vary +/- 10% in hardware, middleware and database

16. Pricing All prices are in US Dollars Prices can vary +/- 10% in hardware, middleware and database

17. Board Approval  Tempest CoreB  600 Users licenses option  costs less over a 5 year period

18. Future Course of Action  Contract  Terms and Conditions  Operational Definitions  Delivery Dates  Penalty Clauses  Signing  Project Office Preparation  Team Induction  Project Kick-off

19. Thank You We can take your questions