Almarai Co. — Share Issue/Capital Change 2013

May 29, 2013

Addendum to announcement from Almarai Company related to the Board of Directors proposes to increase the share capital through issuance of bonus share

2280 · 29/05/2013 17:44:07 · Announcement #31190 · View on Saudi Exchange

Addendum to announcement from Almarai Company related to the Board of Directors proposes to increase the share capital through issuance of bonus share

Further to the announcement published in Tadawul on Wednesday 29th May 2013, regarding the Board of Directors recommendation to increase in the share capital of Almarai from SAR 4.0 billion to SAR 6.0 billion, and increasing the number of shares from 400 million to 600 million, the reason for this increase is that Almarai Company wants to adjust its share capital with its assets and hence support Almarai 5 years investment plan of SAR 15.7 billion. This program will cover the expansion needs in all areas of farming, manufacturing, distribution and logistics. Further, it will also address the investments required in product innovation, new business development, increasing the efficient use of available resources and development and training of national manpower.

Finally, the part share issuance process will be completed within 30 days after the Extraordinary General Assembly 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.