Imposition of a penalty

The Capital Market Authority announces the issuance of a CMA Board resolution numbered (6-30-2011) and dated 11/11/1432H corresponding to 9/10/2011 to impose a penalty  of SR 50.000 ( Fifty Thousand Saudi Riyals)  on Tihama Advertising & Public Relations Co. due to its violation of clause (A) of Article (46) of the Capital Market Law and  Article (25) of the Listing Rules. The company failed to inform CMA and the public of its board’s resolution of a capital increase for its affiliate “ Tihama Modern Bookstores” in the amount of (123) million Saudi Riyals on 30/11/2010 which was later announced on 06/07/2011.