Advanced Building Industries Co. — AGM Information 2012

Mar 4, 2012

ZAMIL INDUSTRIAL INVITES ITS SHAREHOLDERS TO ATTEND THE ORDINARY GENERAL ASSEMBLY MEETING

2240 · 04/03/2012 16:22:47 · Announcement #24489 · View on Saudi Exchange

ZAMIL INDUSTRIAL INVITES ITS SHAREHOLDERS TO ATTEND THE ORDINARY GENERAL ASSEMBLY MEETING

The Board of Directors of Zamil Industrial is pleased to invite all shareholders owning 20 shares or more to attend its general assembly to convene in an ordinary session on Sunday, 8 April 2012, at Zamil Air Conditioners Auditorium in Dammams First Industrial City at 4 pm. The following items on its agenda will be reviewed and discussed:

1. Approve the Board of Directors' report for the year 2011;

2. Approve Zamil Industrial final accounts and auditors report for the fiscal year ending 31 December 2011;

3. Agree to hold the Board of Directors free from any liabilities for the fiscal year ending 31 December 2011;

4. Approve the Board's recommendation for the distribution of second half 2011 dividends at SAR 0.75 per share which represents 7.5 percent of paid-up capital, in addition to previously distributed first half 2011 at SAR 0.75 per share. This brings the total distribution for the year ending 31/12/2011 to SAR 1.50 per share representing 15% of paid-up capital. Dividends eligibility will be for shareholders registered at the close of trading on the general assembly date;

5. Approve the appointment of external auditors as per the recommendation of the Audit Committee to audit the companys quarterly and annual accounts for the fiscal year 2012 and the first quarter of 2013 and agree to their service fee.

The quorum for this meeting is for shareholders representing at least 50 percent of its capital. Shareholders who cannot attend the meeting may appoint another shareholder as a proxy, while taking into consideration that the proxy must not be a member of the board or an employee of the company or provides technical or administrative services to the company on a continuous basis. The proxies should be submitted to the company at least 3 days prior to the meeting date by mail (PO Box 14441, Dammam 31424) or by fax (03 8108190) and must be attested either by the Chamber of Commerce or a local bank or a company (to be attested by Chamber of Commerce). The proxy will be valid for another meeting if this meetings quorum is not met. Shareholders intending to attend the meeting must have proof of share-ownership and a valid ID.

Shareholders are welcome to send their inquiries by directly contacting our Corporate Communications & Investor Relations department by phone (03 8108180) or by email (investors@zamilindustrial.com).

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.