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 Mobile Telecommunications Company Saudi Arabia (Zain)  due to its violation of clause (A) of Article (46) of the Capital Market Law and clause (A) and sub-clause (2) of clause (B) of Article (41) of the Listing Rules. The company failed to inform CMA and failed to announce through the Saudi Stock Exchange (Tadawul) that it had signed, on 20/6/2012, a Credit facilities Agreement with international banks whereby the company obtained credit facilities in the amount of (155) million U.S. Dollars and (170) million U.S. Dollars.