Kingdom Holding Co. — Capital/Financing Update 2012

Sep 5, 2012

Kingdom Holding Company announces the SR 550 Million expansion of Kingdom Hospital

4280 · 05/09/2012 09:42:20 · Announcement #26974 · View on Saudi Exchange

Kingdom Holding Company announces the SR 550 Million expansion of Kingdom Hospital

Kingdom Holding Company announces that its subsidiary, Kingdom Hospital, Riyadh (KH) unveiled its SR 550 Million expansion plan on its recently acquired adjacent plot of land south of the hospital. The new expansion will encompass an inpatient tower, an outpatient treatment pavilion, and a day surgery center. The magnitude of this investment expansion plan reflects Kingdom Hospitals commitment to provide high quality care, combining clinical skills and cutting edge technologies. This move is in line with the expected rise in the demand for healthcare in Saudi Arabia over the course of the next 2 decades.

The project will be developed over the next 3 years with a total build-up area of 85,000 sqm. The major components of the expansion will include:

1.Specialized outpatient clinics to accommodate one million visits a year

2.A added patient-bed tower, including the addition of 150 new private rooms

3.State-of-the-art operating rooms and day surgical services areas

4.An expansion of the hospital's Emergency Department and Trauma Center which will double in size to accommodate more than 100,000 adult and pediatric visit

5.Two levels underground parking

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.