KIPCO Forum Opens at KSE

KUWAIT CITY, 22 March 2004 — The Financial Outlook Forum for KIPCO Group companies began its first session at the Kuwait Stock Exchange with presentations by Gulf Insurance Company and Wataniya Telecom. The opening session of the forum was the first in a series of three presentations involving KIPCO and its directly-held listed subsidiaries and associates. Organized by KIPCO Asset Management Company (KAMCO) the forum is aimed at presenting financial details and outlooks of these companies to enhance the principle of financial transparency for investors.