In reference to the news article published on Al Rai Newspaper economic section dated 30/05/2013, stating that NIC has control over Safa Tech, we would like to inform you that NIC has no relation to the content of this article, given that it did not ally with any parties to gain control over Safa Tech. NIC has attended the AGM as a shareholder that has a direct ownership of 9.649% and indirect ownership of 4.552% through the NIC clients’ portfolios, noting that these ownerships were disclosed in accordance to the rules and guidelines governing disclosure. NIC has nominated some of its subsidiaries to the Safa Tech board elections independently, without forming any alliances, contrary to the content of abovementioned article.