Press Release

Everest Bank Ltd. – Increase in Operating Profit by 30.72% (during the first eight months of the current financial year)

April 4, 2010

The Board of Directors of Everest Bank Ltd. in its meeting held on 2nd April, 2010 (20 Chaitra, 2066) noted with satisfaction the un-audited results during the first eight months of the current financial year as follows:

(Rs. in crore)

The Board noted that the Bank has now 36 full operating branches and 5 extension counters. The 36th branch has been inaugurated and started operation from 3rd April, 2010 (21 Chaitra, 2066).