Almarai Co. — Proxy Solicitation & Information Statement 2010

Dec 1, 2010

Almarai invites its shareholders to the Extraordinary General Assembly Meeting to increase the share capital of the company (Reminder)

2280 · 01/12/2010 08:43:54 · Announcement #19606 · View on Saudi Exchange

Almarai invites its shareholders to the Extraordinary General Assembly Meeting to increase the share capital of the company (Reminder)

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 the Riyadh Holiday Inn Al Izdehar Hotel- Al Lula'ah Hall on 05/12/2010 at 6:00 PM to consider the following agenda:

1 - To approve an increase in the share capital from SAR 1,150 million to SAR 2,300 million, an increase of 100%, through the distribution of one bonus share for each outstanding share. This will increase the number of shares from 115 million to 230 million for existing shareholders at the end of trading day of the Extraordinary General Assembly meeting and will be funded from retained earnings.

2 - To approve the amendment of Article (6) of the by-laws of the company.

3 To approve the amendment of Article (16) of the by-laws of the company.

4 - To approve the amendment of Article (19) of the by-laws of the company.

Each shareholder owning twenty shares or more can attend to the General Assembly whether in person or by proxy, subject to presentation of corroborating evidence or a written power of attorney endorsed by the Chamber of Commerce, bank or a governmental body if the shareholder is a government employee authorizing another shareholder, other than a member of the Board of Directors or employee of the Company, to attend the on their behalf. The General Assembly Meeting will be a quorum representing 51% of the capital of the company. Shareholders are requested to attend half an hour before the meeting in order to complete the registration procedures before the start the meeting.

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.