CMA Approves Fitaihi Request

JEDDAH, 25 August 2005 — The Capital Market Authority (CMA) approved the request made by Ahmed Hasan Fitaihi and partners company to increase its capital from SR220 million to SR385 million. The company had requested increasing its capital by issuing preliminary right shares at SR90. The nominal price is SR50 and the issuance premium is SR40, therefore increasing the number of shares from 3.3 million to 7.7 million. The increase is limited to the share owners registered at the end of the day of the extraordinary general assembly meeting. The announcement of the issue of preliminary rights shares will be made 14 days before the start of the subscription.