Almarai Co. — Capital/Financing Update 2012

Feb 18, 2012

Almarai Company announce progress regarding its Sukuk programme

2280 · 18/02/2012 16:15:33 · Announcement #24129 · View on Saudi Exchange

Almarai Company announce progress regarding its Sukuk programme

Almarai Company (Almarai) is pleased to announce to its shareholders its plan to issue a debut local SAR-denominated Sukuk under a Sukuk Programme fully compatible with Islamic Shariah, as per the approval of the EGA meeting held on November 19th 2011.

Subject to market conditions, Almarai will held several meeting during this week with interested investors. Shareholders will be updated with any progress on this regard. Almarai has mandated HSBC to act as Programme Arranger.

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.