Date: 01/03/2017

On Wednesday 01/03/2017 the SDC completed the process of registering the share capital increase of (3,000,000) shares of the Arabian Aviation Investment Company which are allocated to the “Rum Group For Transportation & Tourism Investment”, provided that these shares are under lock-up for two years from the completion date of the issuance procedures at the Jordan Securities Commission (JSC) based upon the JSC’s Board of Commissioners decision no. (43/2017) dated 23/02/2017.

The share capital increase of the said amount reflects converting the company's debts (6,000,000) JOD to the amount of issued shares.

Thereby, the SDC records of the Arabian Aviation Investment Company indicates the raise of its capital from (3,000,000) shares to a registered capital of (6,000,000) shares as a result of the mentioned share capital increase.

The above mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 17/12/2016 which was granted the approval of the Ministry of Industry, Trade, and Supply on 23/01/2017, and upon the approval of the Jordan Securities Commission on the share capital increase issued in 26/02/2017.