SAIB BNP Paribas Asset Management Company requested Capital Market Authority to cancel the authorization which was issued by the CMA Board of Commissioners under Resolution no. (1–28-2007) dated on 4/5/1428H, corresponding 21/5/2007G, to conduct the securities business of Managing, Advising, and Custody.

The CMA Board of Commissioners issued today, Sunday 27/10/1432H, corresponding to 25/09/2011G, the approval for cancellation of the authorization for SAIB BNP Paribas Asset Management Company based on its request.