Almarai Co. — Capital/Financing Update 2012

Mar 11, 2012

Almarai announces the completion of its first Sukuk issuance

2280 · 11/03/2012 16:06:35 · Announcement #24573 · View on Saudi Exchange

Almarai announces the completion of its first Sukuk issuance

Further to the announcement published on Tadawul on 26/03/1433H (18/02/2012) with respect to the Sukuk program, Almarai Company is pleased to announce that it has successfully completed the first Sukuk issuance for an amount of SAR 1 Billion on 7th March 2012. The total order book reached more than SAR 4.7 Billion, i.e. 4.7 times the issuance size. The Sukuk was a private offering to sophisticated investors resident in the Kingdom of Saudi Arabia.

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.