JEDDAH, 29 June 2005 — The General Assembly of Saudi Dairy and Foodstuff Company (SADAFCO) shareholders held a meeting yesterday and agreed on all points of the agenda. They approved the board of directors’ report for the financial year ending March 31, 2005 and the accounting report for the period from April 1, 2004 to March 31, 2005 as well as the audit report for the financial year ending March 31, 2005. They also approved the board’s suggestion to pay dividend for the period from April 1, 2004 to March 31, 2005 of SR11.5 per share. The assembly also approved choosing auditors for the company’s accounts presented by the auditing committee of the company for the financial year starting April 1, 2005 until March 31, 2005 and the quarterly statements.
