JEDDAH, 26 July 2005 — The general director of Savola Group, Dr. Abdul Raouf Mannaa, said yesterday that the report in Al-Hayat newspaper claiming that Savola will offer a free share for every 3 or 5 owned shares during the third and fourth quarter of this year is not true. Meanwhile, the group is waiting the relevant authorities’ approval of the board’s recommendation of increasing the company’s capital from SR1.5 billion to SR1.8 billion by floating 6 million shares at SR400 per share.