Friday, March 27^th, 2009- Madrid

Approval of 2008 Annual Accounts

Aresbank S.A., informs that the General Shareholders’ Meeting held on the 27^th of March, 2009  approved the audited Annual Accounts for the year 2008.

Friday, May 30^th, 2008- Madrid

Capital increase at Aresbank. S.A. to Euro 300 Million

Aresbank S.A., informs that the General Shareholders’ Meeting held on the 30^th of May, 2008 unanimously agreed to increase the capital of Aresbank, S.A. in Euro 100 Million, after which the share capital of the entity amounts to Euro 300 Million. Such increase of capital has been made through the issue of new shares that have been fully subscribed and paid up through monetary contributions by its principal shareholder, Libyan Foreign Bank.

The increase of capital has been made in order to facilitate the expansion of Aresbank’s business and its infrastructure development.