In 1992, when the Mansour Group entered into its licensing agreement with Philip Morris, we embarked upon an entirely new business direction: the supply of consumer packaged goods and services to a recently revitalized domestic market. With a strategic vision and a realistic plan, we began establishing a capable and efficient national distribution network. A few years later, we achieved what we set out to do, and the extensive market knowledge gained during this exercise has allowed us to expand quickly and profitably into other areas, with excellent opportunities for growth.

Consistently improving our capabilities and expanding our range of activities through partnerships with global market leaders, has been always one aspect of MMD's corporate strategy.

At Al-Mansour Holding Company for Financial Investments (known as MMD), we pride ourselves on being an organization dedicated to excellence. The combination of sophisticated information systems aligned with a highly skilled and motivated team of operators has played an important role in making MMD the market leader.

Our people at the Mansour Group understand the inherent benefits of planned growth, and it is our goal to continue on this path for generations to come.

With concern extended to the community at large, we, at MMD, continuously contribute to our society's education, health care, cultural activities and urban improvement programs, believing that social concern and community based cooperation are in harmony with Egypt's own national goals of privatization and building a better qualified and more productive work force. As an evidence of our commitment to the continued development of Egypt as a nation, it should be highlighted that MMD contributes 3% of Egypt 's total GDP and is the nation's largest private sector tax payer.

Youssef L. Mansour