National Bank of Bahrain

Recommendations

Date	Research Firm	Action	From	To
18/09/08	TAIB Research	Maintain	Outperform	Outperform
14/04/08	TAIB Research			Outperform

	2006	2007	2008
Outperform	0	0	2

TAIB - National Bank of Bahrain: OVERWEIGHT Bahrain - TAIB Research - 18 September 2008
SICO - Khaleeji Commercial Bank Bahrain - SICO Research - 08 June 2008
Global - Bahrain Islamic Bank: BUY Bahrain - Global Investment House - 27 May 2008
TAIB - Esterad Investment Company: OVERWEIGHT Bahrain - TAIB Research - 22 May 2008
TAIB - National Bank of Bahrain: OVERWEIGHT Bahrain - TAIB Research - 14 April 2008
TAIB - Bahrain Commercial Facilities Co: OVERWEIGHT Bahrain - TAIB Research - 03 March 2008
TAIB - National Bank of Bahrain: News Bulletin Bahrain - TAIB Research - 13 December 2007

Bahrain Islamic Bank	Maintain
Ahli United Bank (AUB)	Maintain
Amlak Finance	Maintain
Union National Bank	Maintain
Abu Dhabi Commercial Bank (ADCB)	Downgrade