Notice is hereby given that the Annual General Meeting of the Members of Islamic Bank of Britain PLC will be held at Calthorpe Suite, 5th floor, Edgbaston House, 3 Duchess Place, Hagley Road, Birmingham, B16 8NH on Wednesday 22 April 2009 at 11.00am
Ordinary Business
1. To receive and adopt the Directors’ Report, Auditors Report and Audited Financial Statements for the year ended 31 December 2008.
2. To re-elect Robert J Owen who retires by rotation and, being eligible, offers himself for re-election as a non-executive Director of the Company.
3. To re-elect Gerry Deegan who retires by rotation and, being eligible, offers himself for re-election as a Director of the Company.
4. To confirm the Directors’ remuneration.
5. To reappoint KPMG Audit PLC as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting and authorise the Directors to fix their remuneration.
Special Business
To consider and, if thought fit, pass the following as an ordinary resolution:
6. That, for the purposes of Section 80 of the Companies Act 1985 as amended (the “Act”), the Directors be and they are hereby generally and unconditionally authorised during the period expiring at the conclusion of the Company’s next Annual General Meeting after the passing of this resolution, to exercise all the powers of the Company to allot relevant securities (within the meaning of Section 80 of the Act) up to an aggregate nominal amount of £1,785,300 provided that the Directors shall be authorised to make, and to allot relevant securities pursuant to, any offer or agreement which would or might require the relevant securities to be allotted after that period.
To consider and, if thought fit, pass the following as a special resolution:
7. That, subject to the passing of Resolution 6 set out in the Notice convening the 2009 Annual General Meeting of the Company, the Directors be and they are hereby authorised pursuant to Section 95 of the Companies Act 1985 as amended (the “Act”) to allot equity securities (within the meaning of Section 94 of the Act) of the Company for cash as if the provision of Section 89(1) of the Act did not apply to the allotment, provided that such authority shall be limited to the allotment of equity securities up to an aggregate nominal amount of £273,235 and the authority will expire at the conclusion of the Company’s next Annual General Meeting after the passing of this resolution, except that the Directors shall be authorised to make, and to allot equity securities pursuant to, an offer or agreement which will or might require equity securities to be allotted after such expiry.
By Order of the Board
John Mulvey
Company Secretary
26 March 2009
Registered Office
Edgbaston House
3 Duchess Place
Hagley Road
Birmingham B16 8NH