Subject: National Investments Company’s commentary regarding the trading disclosures on the shares of Mobile Telecommunications Company”Zain”

Reference to the above mentioned subject & CMA requirements outlined in module 1-4-4 of the”Disclosure and Transparency” in the Executive Bylaws of the CMA regarding dealing with rumors and news, National Investments Company would like to comment on and clarify its former disclosures dated 07/05/2017, 08/05/2017, 09/05/2017, 10/05/2017, 15/05/2017, 16/05/2017, 17/05/2017, regarding the carrying of transactions related to National Investments Company (company portfolio) on the shares of Mobile Telecommunications Company”Zain, considering the company is an insider, and is not related to Mr. Muhannad Al Khurafi, Chairman of Mobile Telecommunications Company”Zain” as an individual, given he serves as a vice chairman in our company (which required us to file NIC as an insider of Zain). We invite you to refer to the website of Boursa Kuwait for further information regarding the disclosure mentioned above.