Kingdom Holding Co. — Capital/Financing Update 2012

Oct 8, 2012

Kingdom Holding Company Announces the Signing of the Agreement for the Sale of Part of the Land of Kingdom Project Located East of the Kingdoms Capital, Riyadh

4280 · 08/10/2012 08:23:47 · Announcement #27171 · View on Saudi Exchange

Kingdom Holding Company Announces the Signing of the Agreement for the Sale of Part of the Land of Kingdom Project Located East of the Kingdoms Capital, Riyadh

Kingdom Holding Company announces signing an agreement for the sale of 970,000 Sq m of Kingdom Projects land located east of the Kingdoms capital, Riyadh, on September 30, 2012 and had been set aside to be completed by other developers. The area was bought by Subul Development Co. for 250 million Saudi Riyals. The estimated profit from the sale is 143.7 million Saudi Riyals and will be included in the income statement for the third quarter of this year.

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.