The CMA announces Saudi National Petrochemical Company (Petrochem) Initial Public Offering of 240,000,000 shares representing (50%) of the company`s total outstanding shares. 80,000,000 will be allocated for the Public Pension Fund and 80,000,000 will be allocated for the General Organization for Social Insurance. The offer price will be SR (10) per share and the offering period will be from (25/7/1430)H to (2/8/1430)H, which corresponds to the period from (18/7/2009)G to (24/7/2009)G.

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