Almarai Co. — Capital/Financing Update 2012

Jan 17, 2012

Append announcement from Almarai Company related to the interim consolidated financial results for the period ended 31 December 2011 (Twelve Months)

2280 · 17/01/2012 15:39:54 · Announcement #23652 · View on Saudi Exchange

Append announcement from Almarai Company related to the interim consolidated financial results for the period ended 31 December 2011 (Twelve Months)

Following the announcement by Almarai Company (Almarai) today 17 January 2012 regarding the interim consolidated financial results for the period ended 31 December 2011, Almarai would like to clarify the following regarding seasonality. Due to the seasonality in consumption of many products within Almarais portfolio, a comparison with the same period last year is a valid measurement of Almarais performance as opposed to a comparison with the preceding quarter.

Consequently, results of the fourth quarter are not recognized as a decline in Almarai results compared with the third quarter as the valid comparison is with the same period last year. This is due to the nature of Almarais portfolio and the associated seasonality in product sales and consumption.

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.