The Board of Directors, in its meeting held on Thursday, dated 21 July, 2011, approved the distribution of an interim dividend for the first six months of 2011 amounting to SAR 875 million, at the rate of SAR 1.25 per share. This dividends represent (12.5%) of the par value of the share, and will be paid to the registered shareholders in the records of Tadawul at the closing of trading on Wednesday, dated 27 July, 2011. The disbursement of the dividends commences on Sunday, dated 14 August, 2011. The Board of Directors also approved proposing to the General Assembly a dividend payout ratio of not less than 40% for the fiscal year 2011. Those who are entitled to receive the dividends will be the registered shareholders in the records of Tadawul at the closing of trading day on which the General Assembly will be held.
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.