2330 · 18/01/2017 15:34:23 · Announcement #45133 · View on Saudi Exchange

ADDENDUM ANNOUNCEMENT FROM ADVANCED PETROCHEMICAL COMPANY REGARDING THE RESUMPTION OF ITS OPERATIONS AFTER THE SUCCESSFUL COMPLETION OF PROACTIVE EFFICIENCY IMPROVEMENT ACTIVITIES

With reference to the previous announcement of Advanced Petrochemical Company (Advanced) dated January 5, 2017 regarding the shutdown of its operations for a proactive efficiency improvement activities from January 10, 2017.

Advanced announces the commencement of its operations from today January 18, 2017, after the successful completion of proactive efficiency improvement activities ahead of schedule.

Advanced anticipates positive impact of this proactive maintenance on both plants reliability and efficiency. The expected financial impact of the above improvement activities will be reflected in the financial results of the coming periods.

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.