ADCB Q1 net profit seen at 804.5 million dirhams

Etisalat earnings estimated at 1,997.55 mln dhms

SICO Bahrain EFG Hermes HSBC Average

Etisalat reported a net profit of 1808.74 million UAE dirhams in the first quarter of 2012.

First Gulf Bank — Following are first-quarter net profit estimates for First Gulf Bank in millions of UAE dirhams. ABUDHABI, April 15, (RTRS): Abu Dhabi Commercial Bank — Following are first-quarter net profit estimates for Abu Dhabi Commercial Bank in millions of UAE dirhams.

Q1 2013 %change EFG Hermes 733.00 -8.40 SICO Bahrain 839.00 4.84 Beltone Financial 797.00 -0.40 HSBC 849.00 6.09 Average 804.50 0.53

Abu Dhabi Commercial Bank reported a net profit of 800.23 million UAE dirhams in the first quarter of 2012.

Abu Dhabi Islamic Bank — Following are first-quarter net profit estimates for Abu Dhabi Islamic Bank in millions of UAE dirhams.

Q1 2013 %change EFG Hermes 317.00 3.20 Beltone Financial 305.00 -0.70 Average 311.00 1.25

Abu Dhabi Islamic Bank reported a net profit of 307.16 million UAE dirhams in the first quarter of 2012.

Aladr Properties — Following are first-quarter net profit estimates for Aldar Properties in millions of UAE dirhams.

Q1 2013 %change BOFA Merrill Lynch1121.00 19.93 EFG Hermes 1076.00 15.12 SICO Bahrain 1039.00 11.16 Beltone Financial 1150.00 23.03 HSBC 1136.00 21.54 Average 1104.40 18.16

First Gulf Bank reported a net profit of 934.70 million UAE dirhams in the first quarter of 2012.

National Bank of Abu Dhabi — Following are first-quarter net profit estimates for National Bank of Abu Dhabi in millions of UAE dirhams. Q1 2013 %change 1.10 8.30 -2.27 6.29 9.36 4.56 National Bank of Abu Dhabi reported a net profit of 1040.58 million UAE dirhams in the first quarter of 2012.

Sorouh Real Estate — Following are first-quarter net profit estimates for Sorouh Real Estate in millions of UAE dirhams. SICO Bahrain Arqaam Capital HSBC

Q1 2013 %change SICO Bahrain 175.00 -63.40 Arqaam Capital 245.00 -48.76 HSBC 33.90 -92.91 Average 151.30 -68.36

Aldar Properties reported a net profit of 478.16 million UAE dirhams in the first quarter of 2012.

Etisalat — Following are first-quarter net profit estimates for Emirates Telecommunications Corporation (Etisalat) in millions of UAE dirhams. Q1 2013 %change 2050.00 13.34 1952.64 7.96 1990.00 10.02 1997.55 10.44 Q1 2013 %change 59.00 -29.43 93.00 11.24 301.00 260.05 Average 151.00 80.62

Sorouh Real Estate reported a net profit of 83.60 million UAE dirhams in the first quarter of 2012.

Union National Bank — Following are first-quarter net profit estimates for Union National Bank in millions of UAE dirhams. EFG Hermes SICO Bahrain Beltone Financial HSBC Average

Union National Bank reported a net profit of 471.07 million UAE dirhams in the first quarter of 2012. Q1 2013 %change 472.00 0.20 513.00 8.90 513.00 8.90 485.00 2.96 495.75 5.24