The Capital Market Authority approves the Initial Public Offering of Al-Tayyar Travel Group

The CMA Board has issued its resolution approving Al-Tayyar Travel Group’s initial public offering of (24,000,000) shares (30%) of the group's total outstanding shares. Portion of the offered shares will be allocated to institutional investors. The group's shares will be offered during the period from 23/06/1433H to 29/06/1433H, which corresponds to the period from 14/05/2012G to 20/05/2012G, once the book-building process is complete.

The group's prospectus will be posted to the public prior to the subscription period by a sufficient time. The prospectus includes all relevant information that investors need to know before making an investment decision, including the share price, group's financial statements, activities and management.