The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 50,000 (Fifty Thousand Saudi Riyals) on Tabuk Cement Co. due to its violation of clause (A) of Article (9) of the Corporate Governance Regulations. The Board of Directors’ report ,attached with the annual financial statements for the fiscal year ending on 31/12/2011, did not include the provisions that were not applied from the Corporate Governance Regulations and the reasons behind that.