RIYADH, 14 March 2004 — Awad Al-Assaf, deputy manager of communication committee for legal affairs, said that the names of those qualified to invest in the mobile telephone sector would be announced on March 28, seven days after receiving the applications that are due in the 21st of the same month. Al-Assaf said the mobile telephone company should have five Saudi partners and at least one foreign partner. The share for the foreign partner should not exceed 49 percent and no less than 15 percent. “Twenty percent of the company’s shares will be sold to public.”

