Riyad Bank — Capital/Financing Update 2016

Feb 9, 2016

APPENDED ANNOUNCEMENT FROM RIYAD BANK CONCERNING THE SALE OF LAND IN JEDDAH

1010 · 09/02/2016 08:55:47 · Announcement #41140 · View on Saudi Exchange

APPENDED ANNOUNCEMENT FROM RIYAD BANK CONCERNING THE SALE OF LAND IN JEDDAH

Further to the bank's announcement published on the Tadawul site dated 18/01/2016G corresponding to 08/04/1437H regarding the sale of piece of land owned and located in the city of Jeddah, Al-Andalus district , Al-Madina Road, at approximate value of 202.5 million Saudi Riyals , The Bank announces that the transfer of the ownership procedures has been completed dated08/02/2016G corresponding to 29/01/1437H, and did receipt of the payment from the buyer.

Accordingly, the bank will get a non-recurring capital gain of 202,546,564 Saudi Riyals , where the book value of the land is 1.4 million Saudi Riyals, and its impact on the financial results will appear during the first quarter of the current year 2016.

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.