AYYAN Investment Co. — Proxy Solicitation & Information Statement 2013

Apr 1, 2013

AL-AHSA DEVELOPMENT COMPANY INVITES SHAREHOLDERS TO ATTEND THE EIGHT EXTRAORDINARY GENERAL ASSEMBLY MEETING (REMINDER)

2140 · 01/04/2013 08:59:44 · Announcement #29892 · View on Saudi Exchange

AL-AHSA DEVELOPMENT COMPANY INVITES SHAREHOLDERS TO ATTEND THE EIGHT EXTRAORDINARY GENERAL ASSEMBLY MEETING (REMINDER)

The Board of Directors of Al-Ahsa Development Company invites the shareholders who own twenty shares or more to attend the eight EGAM to be held at the Al-Ahsa Chamber on Sunday, 26/05/1434 AH (Umm Al-Qura calendar), corresponding to 07/04/2013 G. at 5:00 PM; to approve the amendments of following parts of Article of Association :

1. Amendment of Article (22) to be: The Board of Directors shall appoint from among its Members as the Chairman, as may appoint from among its Members as the Managing Director, and may not conjoin the position of Chairman of the Board of Directors with Managing Director,.

2. Amendment of Article (47) to be: at the expiry of a company or in the case of resolved before the deadline, it will be decided by the Extraordinary General Assembly Meeting on the proposal of the Board of Directors, the method of liquidation and appoint of a Liquidator or more and determine the responsibility and their fees; and to end the authority of the Board of Directors upon the expiry of the company. However, continue to exist to manage the company until the appointment of the Liquidator, and keep the assets of the company's competence to the extent not inconsistent with the terms of reference of the liquidators. A shareholder shall be entitled to the rights to share the companys assets upon liquidation. (Countinue)

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.