The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 10,000 (Ten Thousand Saudi Riyals) on Etihad Atheeb Telecommunication Company (GO) due to its violation of clause (B) of the General Instructions that must be taken into Account by Companies when Publishing its Announcements and clause (B) of Article (40) of the Listing Rules. The company failed to inform CMA and the public of the new developments on the previous essential development that was announced on Tadawul website on 1/5/2013. The announcement was to extend its agreement with Etihad Etisalat Co. (mobily) until 31/5/2013 . The company failed to announce the possibility to acquire an interest in Etihad Atheeb Telecom (GO) capital by one of Etihad Etisalat Company (Mobily) subsidiaries. It was later announced on 3/6/2013.