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ETI – OPENING OF REPRESENTATIVE OFFICE IN SOUTH AFRICA

ETI has informed the Exchange that it has opened a representative office in South Africa in December 2009, making South Africa the 30th African country in which the pan-African bank has a presence.

The representative office is intended to enable Ecobank better serve the growing number of its customers currently doing business with South African establishments, as well as accompany South African corporations seeking to expand or consolidate business ties with the rest of Africa.

Issued in Accra, this 26th
day of January, 2010.