As part of the CMA’s effort to develop and regulate the public offering of securities and their admission to listing, and based on the Capital Market Law issued by Royal Decree Number (M/30) Dated 2/6/1424 H, the CMA has prepared a developed draft of the Listing Rules and a summarized Glossary of related terms. The developed draft of the Listing Rules is a reflection of the international best practice as well as the CMA’s experience in the implementation of the mentioned rules during the past years.

The CMA Board has accordingly issued the resolution Number (1-15-2011) Dated 5/6/1432H 8/5/2011, which includes publishing the developed draft of the Listing Rules and the summarized Glossary of related terms on the CMA’s website (indicated below) to enable concerned and interested parties to provide their comments and observations. The CMA would be pleased to receive such comments and observations either at the following email: Listing.Rules@cma.org.sa, Fax number (+96612797683) or the mail address (P.O. Box 220022 Riyadh 11311 Legal Affairs Division)no later than Thursday 6/8/1432H 7/7/2011. All comments and observations will be taken into consideration for the purpose of issuing the final Rules.