Alujain Corp. — Capital/Financing Update 2010

Dec 26, 2010

ALUJAIN ANNOUNCES WITHDRAWAL OF ITS APPLICATION TO THE CAPITAL MARKET AUTHORITY FOR ACQUISITION OF OTHER SHAREHOLDERS SHARES IN ITS SUBSIDIARY NATPET

2170 · 26/12/2010 16:07:24 · Announcement #19755 · View on Saudi Exchange

ALUJAIN ANNOUNCES WITHDRAWAL OF ITS APPLICATION TO THE CAPITAL MARKET AUTHORITY FOR ACQUISITION OF OTHER SHAREHOLDERS SHARES IN ITS SUBSIDIARY NATPET

Further to Alujains announcement dated 21/03/2010, Alujain announces that it has decided, in coordination with CMA, to withdraw its application to CMA to acquire shares of other shareholders in Alujains subsidiary NATPET. This withdrawal comes as a result of certain technical issues and observations made by CMA.

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.