European Islamic Investment Bank plc

(the "Company" or "EIIB")

Extension of Tender Offer period

Further to the announcement of 4 August 2014 and the circular published around that time explaining the terms of a tender offer for up to £20 million (the "Tender Offer") and as mentioned in the announcement of the Company's interim results on 25 September 2014, EIIB announces that it remains in discussions with the regulator and has therefore decided to extend the timetable for the Tender Offer.

Consequently, the Company has agreed with Westhouse Securities Limited ("Westhouse") that the Tender Offer will remain open for acceptances until 28 November 2014. EIIB is working closely with the regulator to implement the Tender Offer within this timetable. If the Tender Offer cannot be implemented by 28 November 2014 EIIB will seek a further extension to the timetable.

A revised timetable in relation to the Tender Offer is set out below.

Enquiries:

EXPECTED TIMETABLE OF EVENTS

The above times and/or dates are indicative only and may change. If any of the above times and/or dates change, the revised times and/or dates will be notified to Shareholders by announcement through a Regulatory Information Service.

All references to times in this announcement are to London times unless otherwise stated.