Almarai Co. — AGM Information 2011

Oct 16, 2011

Almarai invites its shareholders to the Extraordinary General Assembly Meeting

2280 · 16/10/2011 09:14:32 · Announcement #22879 · View on Saudi Exchange

Almarai invites its shareholders to the Extraordinary General Assembly Meeting

The Board of Directors of Almarai Company, a Saudi Joint Stock Company, is pleased to invite its shareholders to the Extraordinary General Assembly Meeting to be held in Riyadh at the Holiday Inn Al Izdehar Hotel - Al Lula'ah Hall on 19 November 2011 at 6:00 p.m. to consider the following agenda:

1-To amend Item (11) of Article (3) of the Companys Bylaw concerning the Objective of the Company.

2-To amend Article (8) of the Bylaw concerning bonds issuance.

3-Approve of the issuance of bonds in compliance with the provisions of Islamic law, whether in part or several parts through the issuance of one or a series of issuance from time to time, with the amounts and terms set by the Company as per the Board of Directors approval without refering to the General Assembly of hareholders on this matter.

4-Authorize the Board of Directors to take all necessary measures to issue such bonds, once the necessary approvals from the relevant authorities has been received. The Board may delegate any or all of its authorization, as per the resolutions stated above, to any person or persons who may then also delegate this authorisation.

Each shareholder owning twenty shares or more shall have the right to attend the Extraordinary General Assembly Meeting, whether in person or by proxy, subject to presentation of corroborating evidence or a written power of attorney endorsed by the Chamber of Commerce authorizing another shareholder, other than a member of the Board of Directors or employee of the Company, to attend on their behalf. The Extraordinary General Assembly Meeting will be quorum with 51% of the capital of the Company. Shareholders are requested to arrive 30 minutes prior to the commencement of the meeting in order to complete the necessary registration procedures.

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.