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”. And reference to our disclosure dd: 24/2/2016, regarding appointing NIC as the manager for the optional acquisition by Boubyan Petrochemical Company. NIC announces freezing the procedures of the deal starting 31/03/2016 and until further notice. No financial impact is accompanied by the above.