With reference to the abovementioned subject, and the CMA regulations issued on November 9, 2015, book number ten”disclosure and transparency” on the disclosure of material information and reference to NIC’s disclosure dated on April 03, 2017 on the purchase transaction in an unlisted company, the investment has been classified as an associate company.

The amount of KD 794,842 will be recorded as gain during the second quarter of 2017.