Imposition of a penalty

The Capital Market Authority announces the issuance of a CMA Board resolution numbered (5-29-2011) and dated 27/10/1432H corresponding to 25/09/2011 to impose a penalty of SR 50.000 ( Fifty Thousand Saudi Riyals)  on Al Rajhi Bank due to it’s violation of clause (F) of Article (9) of the Corporate Governance Regulations. The Board of Directors’ report ,attached with the annual financial statements for the fiscal year 2010, did not include the imposition of a penalty on the bank by CMA on 28/02/2010.