Imposition of a penalty

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 100,000 ( One Hundred Thousand Saudi Riyals) on the Saudi Integrated Telecom Company  due to its violation of clause (A) of Article (45) of the Capital Market Law and clause (E) of Article (26) of the Listing Rules. The company failed to inform CMA or announce to the shareholders, during the specified period, its annual financial statements for the period closing on 31/12/2011.