Savola Group — Capital/Financing Update 2015

Jan 18, 2015

THE SAVOLA GROUP ANNOUNCES ITS FINANCIAL FORECAST FOR THE FISCAL YEAR ENDING 31ST DECEMBER, 2015

2050 · 18/01/2015 15:52:09 · Announcement #36701 · View on Saudi Exchange

THE SAVOLA GROUP ANNOUNCES ITS FINANCIAL FORECAST FOR THE FISCAL YEAR ENDING 31ST DECEMBER, 2015

In line with Savola Group corporate governance practices to further enhance its disclosures and transparency with its shareholders and investors in the capital market, Savola Group would like to announce its net income guidance (before capital gain) for the financial year 2015.

In this respect, Eng. Abdullah M. Rehaimi, Managing Director and CEO declared that Savola Group is expected, Insha'Allah, to achieve net income (before capital gain) SAR 1,815 Million for the year 2015 and net income (before capital gain) for the 1st quarter of 2015 is expected to reach SAR 360 Million.

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.