Minutes of Meeting

Risk Pro Application

(Equity & Securities)

Meeting Date: Wednesday 28th March, 2007

Attendees: Mr. Murad Chawki, Mr. Mohamed Nour, Mr. Mohamed Salama, Ms.
Hala Koder & Mr. Hisham Hassan .

Case Description

• The equity and securities methods were discussed with Mr. Nour and the
attendees; we agreed that the data will be gathered from two departments
the back office and the dealing room.

Equity Data Set:

• Mr. Salam clarified and explained the case and stated that the data required
for the equity is available; meanwhile there are some points that needs the
assistance of Mr. Mohamed Nour.
• The points are;
1. We identified that the “Equity reference code” is the code provided by
the system (the new system that will be created) to each company.
Thus we recommend to set the “Equity reference code” equal to the
“ISIN” (the comanpys’ stock market codes) in order to avoid any
inconveniences that may occur.
2. The “Equity customer code” has to be identified as we can not relate it
to any of the attributes.
3. Agreed with Mr. Mohamed Nour that the “Beta” and “Volatility” will be
gathered from the dealing room (treasury) department.

Securities Data Set:

• Referring to the securities issue, we agreed that the security data set will
include only the treasury bills and bonds. Not all the attributes are
available in the treasury bills data set; i.e. the attributes that are not included
in the treasury bills are; first interest payment date, last interest payment
date, next interest payment date, interest payment frequency, first interest
re-pricing date, last interest re-pricing date, next interest re-pricing date,
market price, premium discount, spread rate.
• The external S&P rating, external Moody’s rating and external Fitch rating are
included in both the treasury bills and the bonds required data set; and we
agreed that the mentioned attributes will be provided by the dealing room to
complete the bonds data set. Meanwhile we need to confirm with the dealing
room the availability of the said attributes for the treasury bills data set.

• Points that need to be clarified;

1. We identified that the “Security Reference Code” is the code provided

by the system (the new system that will be created) to each Security
Type. Thus we recommend to set the “Security Reference Code” equal
to the “ISIN” (the Bonds’ & Treasury Bills’ codes) in order to avoid any
inconveniences that may occur.
2. The “Security customer code” has to be identified as we can not relate
it to any of the attributes.

• All bonds attributes will be provided by Mr. Salama, except the spread rate,
external S&P rating, external Moody’s rating and external Fitch rating.

• Concerning the bonds data set the following attributes; first interest re-
pricing date, last interest re-pricing date, next interest re-pricing date and
interest re-pricing frequency will only be provided for corporate bonds; like
for example OCI.
• Note: Since we and Mr. Salama agreed to work in parallel, we decided to set
a meeting on Tuesday 3rd of April in order to review and confirm the accuracy
of the work.
• Mr. Salama stated that all the identified and agreed upon data will be
available and submitted on Thursday 5th of April.