JEDDAH, 19 July 2005 — Dr. Abdul Raouf Mannaa, general director of Savola Group, announced yesterday that group has agreed to establish a retail sector by opening its first hypermarket in Dubai’s Festival City complex. This follows the direction of the company’s board for the retail sector to expand regionally. Dr. Mannaa said that the project could cost SR40 million and that it is under construction now. It is expected to open on April 1, 2006 on an area of 15,000 square meters.

