Al Hammadi Holding — Capital/Financing Update 2016

May 1, 2016

Al Hammadi Company for Development and Investment announces obtaining a Extension of the Islamic Financing Facility Agreement

4007 · 01/05/2016 09:32:11 · Announcement #42507 · View on Saudi Exchange

Al Hammadi Company for Development and Investment announces obtaining a Extension of the Islamic Financing Facility Agreement

Al Hammadi Company for Development and Investment announces the signing of Extension of the Islamic Financing Facility Agreement agreement with Saudi British Bank (SABB) as following:

1.loan was signed on 30-04-2016

2.Loan amount of SAR 186 Millions

3.Loan period duration from 30-04-2016 to 31-03-2017.

4.The purpose of the loan to finance machinery and equipment related to Al Nuzha Hospital Project.

5.Loan guarantee : on demand order note with the total facilities for the benefit of Saudi British Bank..

6.Further information: The financing agreement includes: - Combined short term facilities (Murabaha liquidity, Murabaha LCs, and Guaranees) with SR 36 million limit. - Long term Murabaha LCs facilities with SR 150 million limit.

7.The grace period has extended for additional 24 months, each transaction has Murabaha period of 5 years (including two years grace period) the repayment shall begins on 30-06-2018 on 6 semi-annual payments in addition to the margin.

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.