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Takween Advanced Industries Co. Capital/Financing Update 2013

Jun 15, 2013

53261_rns_2013-06-15_f586fe92-0ea5-4c79-adf9-c5bba7740462.html

Capital/Financing Update

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Addendum announcement from Takween Advanced Industries related to awarding Line 3 project EPC contract

1201 · 15/06/2013 15:56:06 · Announcement #31317 · View on Saudi Exchange

Addendum announcement from Takween Advanced Industries related to awarding Line 3 project EPC contract

Further to the announcement published on Tadawuls website on 11-07-2012 related to awarding Line 3 project EPC contract Takween Advanced Industries announces addendum as :Further to the announcement dated 11 July 2012 concerning the awarding of SAAF line 3 project EPC contracts (one of Takween’s subsidiaries) at the Plastic Complex on Rabigh, the Company would like to clarify that the commercial production is expected to commence on the fourth quarter of 2013 due to the rescheduling of the some infrastructure jobs to meet the highest standards. The company would also like to mention there is no extra charges on the project const

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.