BW20030822002029  20030822T121255Z UTC


( BW)(EGYPT-TRUST)(EGP) Dividend Declaration

    Business Editors
    UK REGULATORY NEWS

    LUXEMBOURG--(BUSINESS WIRE)--Aug. 22, 2003--

                        DIVIDEND ANNOUNCEMENT

Shareholders are hereby informed that at the Company's Annual General
Meeting on 19 August 2003, a resolution was approved to pay an annual
dividend of USD 0.31 per share, payable on 11 September 2003 to
shareholders.

The Ex-dividend date will be 25 August 2003.

Shareholders who want to reinvest their dividends according to the
dividend reinvestment plan foreseen in the offering document should
inform the Administrator Kredietrust Luxembourg S.A. by fax 
(fax: 47 97 73 910) att. Mrs Anne-Pascale Deboulle, by no later than 
3 p.m. Luxembourg time on 29 August 2003.

By order of the Board of Directors

Kredietrust Luxembourg S.A. acting as Domiciliary Agent

   Short Name: Egypt Trust
   Category Code: DIV
   Sequence Number: 00008812
   Time of Receipt (offset from UTC): 20030822T130821+0100

    --30--KO/uk

    CONTACT: Egypt Trust

    KEYWORD: LUXEMBOURG INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING  
    SOURCE: Egypt Trust 

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