Kingdom Holding Co. — Capital/Financing Update 2011

May 23, 2011

Kingdom Holding Company Announces Subscribing to Glencore International AG Initial Public Offering

4280 · 23/05/2011 16:32:58 · Announcement #21822 · View on Saudi Exchange

Kingdom Holding Company Announces Subscribing to Glencore International AG Initial Public Offering

Kingdom Holding Company (KHC) announced that in, conjunction with His Royal Highness Prince Alwaleed Bin Talal had subscribed to the initial public offering (IPO) of Glencore International AG for USD 400 million which represents 3.6% of the value of shares offered for subscription. KHCs share of this subscription was $60 million and today, Monday 23/05/2011, the final allocation is $60 million. Glencore International AG will be listed in the London Stock Exchange. Glencore International AG is specialized in integrating producing and marketing of commodities that industries around the world.

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.