Bid Rounds

EGYPTIAN GENERAL PETROLEUM CORPORATION

• INTERNATIONAL BID ROUNDS 2005
Awarding of (9) blocks from (13) blocks and the preparing of draft of agreements are on going for issuing the specific laws.

• INTERNATIONAL BID ROUNDS 2006
EGPC announced (6) blocks in august, 10, 2006 with closing date November, 7, 2006 , and the evaluations of the submitted offers are on going.

Egyptian Natural Gas Holding Company "EGAS"

• INTERNATIONAL BID ROUNDS 2006
EGAS announced the first international bid round for 2006 in January,15,2006 which included (12) blocks in Mediterranean sea, north Sinai and delta with closing date July ,16 ,2006 and awarding of (9) blocks from (12) blocks are running.

Ganoub El Wadi Holding Company

• INTERNATIONAL BID ROUNDS 2006
GANOUB announced the international bid round for 2006 in February,1,2006 which included (8) blocks in Western Desert and Red Sea with closing date July ,16 ,2006 and awarding of (5) blocks from (8) blocks are running.

Egyptian Mineral Resources Authority

• INTERNATIONAL BID ROUNDS 2006
Egyptian Mineral Resources Authority announced International Bid round for Gold and Associated Minerals in Eastern and Western Desert in June, 2, 2006 with closing date November,1,2006 and the evaluations of the submitted offers are on going.