With reference to the above subject, and the CMA regulations number (هـ.أ.م/ق.ر./إ.م/2/2012) on the disclosure of material information and the announcement mechanism, and our previous disclosures on 7/5/2015 regarding the court decision in favor of NIC in the legal case number 953/2014, partial appeal/3, raised against Munshaat Real Estate Projects Co. (K.S.C.P). The Court obliged Munshaat Real Estate Projects Co. (K.S.C.P) to pay for National Investments Company a sum of USD 22,500,000 plus KD 2,000 as attorney’s fees. This amount was reserved for the adjudication session on 2/6/2015. NIC would like to notify you that the court has refused the petition submitted by Munshaat Real Estate Projects Co. (K.S.C.P). We have mentioned in our earlier disclosure that it is difficult to identify the positive financial impact until the execution procedures are fully implemented. Further, we will disclose once any update occurs.