Press Release

first quarter Operating Profit Increase by 24.20%

November 7, 2009

The Board of Directors of Everest Bank Ltd. in its meeting held on 7th November, 2009 (21st Kartik,2066) noted with satisfaction the un-audited results during the first quarter of the current financial year as follows:

                                                                                            Amount in Laks

The Bank has now 35 full operating branches and five extension counters. The Board approved opening of the 36th branch at Tatopani on Nepal China border.