International prequalification notice as part of the privatisation of the bia-togo, the btci, the btd and the utb

REPUBLICOF TOGO

Internationalprequalification notice as part of the privatisation of the BIA-Togo, the BTCI, the BTD and the UTB

The Government of the Republic of Togo (the "Government") represented by the Privatization Commission,has decided to proceed with the pre-selection of experienced private bank investors for the privatization of the Banque Internationale pourl'Afrique au Togo ("BIA-Togo"), the Banque Togolaise pour le Commerce et l'Industrie ("BTCI"), the Banque Togolaise de Dveloppement ("BTD") and the Union Togolaise de Banque ("UTB") as part of its withdrawal policy from the banking sector.

The BIA-Togo, the BTCI, the BTD and the UTB, with respective total balance sheets of FCFA 78 billion, FCFA 126 billion, FCFA 76 billion andFCFA 150 billion as at December 31, 2010, have extensive networks throughout the territory. They offer to their respective customers (individuals and businesses)efficientproducts and services, allowing them to be presented as Togolese reference banks.

The Government intends to sell a majority stake in these four banks to strategic investors with strong banking and financial experience that allows such banks to achieve their full potential and continue theirongoing development.

To this end, the Government by this notice calls for a pre-qualification from strategic investors (the "Bidders") who might be interested by the pre-qualification process as part of the privatization of the BIA-Togo, the BTCI, the BTD and the UTB.

The selection of Bidders will take place in two stages through a tender process. Bidders are invited, first, to pre-qualify in order to participate in the final tender process. Only pre-qualified Bidders may participate in this second stage. The list of pre-qualifying criteria, required statements and necessary documents to be provided to the Government, is included in the four pre-qualification documents to which this notice is subject to.

Candidates may obtain the pre-qualificationdocumentswhich are available from July 18, 2011 from:

Mr. Issifou Okoulou-Kantchati

Chairman of thePrivatizationCommission

Ministry of Economy and

Finance

CASEF Building

BP 3521 Lom Togo

Tel: + 228222 57 79

Fax: + 228221 09 05

For the BTCI and the BTD

Mr. Stphane de Vaucelles

Managing Partner

Compagnie Financire CADMOS

Rond Point Schuman 11

1040 Bruxelles

Belgium

Tl: + 32 2 256 75 57

Fax: + 32 2256 75 03

For the BIA-Togo and the UTB

Mr. Idelphonse Affogbolo

Partner

Africa Capital

Les Cocotiers # Lot 654 L

04 BP 836 Cotonou

Republic of Benin

Tl: + 229 21 304 351

Fax: + 229 21 304 098

The request shall be made by mail or by fax and shall state that it is a "Request for Pre-qualification Documents for the BIA-Togo, and/or for the BTCI and/or for the BTD and/or for the UTB". Thedocuments will be sent in a sealed envelope and the sender shall in no event be liable for delays or loss suffered in its delivery.

Pre-qualification requests, to be made in a sealed envelope, must be filed or addressed no later than September 9, 2011 at 9 am (UT) to theChairman of the Privatization Commission, with the following explicitmention: "Request of pre-selection for the privatization of the BIA-Togo, and/or the BTCI and/or the BTD and/or the UTB".

The Government reserves the right to accept or reject any request received after the deadline specified above.

The Bidders will be informed on the results of their application in accordance with the conditions and in the manner provided by the pre-qualificationdocuments.