2240 · 29/12/2009 15:58:28 · Announcement #16721 · View on Saudi Exchange

ZAMIL INDUSTRIAL SIGNS EXPORT FINANCING AGREEMENT WITH BANK AL JAZIRA

Zamil Industrial Investment Company Zamil Industrial signed this afternoon 29/12/2009 a one year Sharia-compliant export financing agreement with Bank Al Jazira to supply the company products (steel buildings and air conditioners) to Darfur Reconstruction Fund in Sudan for a total of SAR 75 million (USD 20 million). The supply of the products will be during 2010 with a positive financial affect which will appear in the company's financials in the first half of 2010.

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