Alujain Corp. — Capital/Financing Update 2012

Oct 9, 2012

Addendum to Alujains Announcement Regarding signing of Revolving Credit Facility Agreement

2170 · 09/10/2012 15:56:43 · Announcement #27198 · View on Saudi Exchange

Addendum to Alujains Announcement Regarding signing of Revolving Credit Facility Agreement

Further to Alujains announcement on TADAWUL on Tuesday, 9th October 2012 regarding the Revolving Credit Facility Agreement signed between its subsidiary NATPET and the Saudi Fund for Development under the "Saudi Export Program", this is to clarify that Natpet has provided the usual guarantees to The Saudi Fund for Development as follows:

a.Corporate Guarantee that Natpet is committed to pay all the dues on time.

b.Natpet commits to cover the associated political and commercial risks for their exports.

c.Natpet signs Promissory Notes to effect payment on the due date as stipulated on each promissory note.

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.