Imposition of a penalty

The Capital Market Authority announces the issuance of a CMA Board resolution numbered (5-30-2011) and dated 11/11/1432H corresponding to 9/10/2011 to impose a penalty  of SR 100.000 ( One Hundred Thousand Saudi Riyals)  on Bank AlJazira due to its violation of clause (A) of Article (46) of the Capital Market Law and  Article (25) of the Listing Rules. The bank failed to inform CMA and the public of the change in its senior management on  08/03/2010 and 09/03/2010