The CMA announces CMA‘s Board Resolution number (2-21-2011) dated 17/7/1432H corresponding to 19/6/2011G, approving United Wire Factories Company Initial Public Offering of (9,750,000) shares (30%) of the company's total outstanding shares. Portion of the offered shares will be allocated to mutual funds. The company's shares will be offered during the period from (1/9/1432)H to (7/9/1432)H, which corresponds to the period from (1/8/2011)G to (7/8/2011)G, once the book-building process is complete.

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 share price, company's financial statements, activities and management.