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Almarai Co. Capital/Financing Update 2006

Oct 30, 2006

53318_rns_2006-10-30_11137c61-b1f4-4e48-b8c7-e971a8cf9795.html

Capital/Financing Update

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Clarification regarding the media?s announcement about Almarai?s intention to issue a SAR 4 billion Islamic Sukuk

2280 · 30/10/2006 15:37:37 · Announcement #9573 · View on Saudi Exchange

Clarification regarding the media?s announcement about Almarai?s intention to issue a SAR 4 billion Islamic Sukuk

Almarai would like to remind its shareholders that it had previously communicated the company?s five year investment plan which requires funding of approximately SAR 4 billion. The company also announced that it will be able to fund this requirement from strong cash flow generated by the business. Nevertheless, should there be an additional requirement, the company will evaluates all options available including an Islamic Sukuk.

The company would like to reiterate that all important announcement will be made available on Tadawul first.

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.