With reference to the abovementioned subject, and the CMA regulation issued on November 9, 2015, book number ten”disclosure and transparency” on the disclosure of material information, please note that based on the decision of the ordinary general assembly for Nafais Holding Company (K.S.C) on 1/8/2016 regarding the approval of the optional acquisition offer from BOUBYAN PETROCHEMICAL CO. concerning the purchase of all shares of the company and appointing NIC as a manager for the optional acquisition procedure by BOUBYAN PETROCHEMICAL CO.

NIC will receive the requests regarding the collection of the shares of Nafais Holding Company for the shareholders of the mentioned company as of the date 03/08/2016 and will end on 02/09/2016, during the official working hours from 9:00 am until 14:30 at the headquarters of the company located in Sharq city, Mutanabi Street, Khalijiya complex, floor number 10.

Accordingly, in case any clarification is required, please call +965 22266666 or +965 22266658 during office hours from 9:00 am until 14:30.