JEDDAH, 31 January 2006 — The board of directors for Savola Group recommended in its meeting on Sunday to raise the company’s capital from SR1.8 billion to SR3 billion by offering two free shares for every three shares owned. This will be paid by transferring SR1.2 billion from the reserve to the company’s capital. The company’s shares will thus increase from 36 million to 60 million. The board also approved the company’s 2005 year-end financial statement which showed record net profits of SR1.2 billion, an increase of 139 percent from 2004. Sales for Savola for 2005 reached SR6.85 billion, an increase of 22 percent compared to 2004. Share dividend for 2005 reached SR40, compared to SR25 in 2004, an increase of 60 percent.

