Imposition of a penalty

The Capital Market Authority announces the issuance of a CMA Board resolution numbered (7-35-2011) and dated 9/1/1433H corresponding to 4/12/2011 to impose a penalty  of SR 100.000 (One Hundred Thousand Saudi Riyals) on Advanced Petrochemical Company due to it’s violation of clause (C) of Article (45) of the Capital Market Law. The news of its preliminary financial results was leaked to a website on 05/10/2011 before informing CMA and the public. It was later announced on 09/10/2011.