Date: 31/05/2017

On Wednesday 31/05/2017 the SDC completed the process of decreasing the share capital of (4,000,000) shares of the National Portfolio Securities Company to redeem part of the company’s accumulated losses as of 31/12/2016.

Thereby, the SDC records of the National Portfolio Securities Company indicates the decrease of its capital from (10,000,000) shares to a registered capital of (6,000,000) shares as a result of the mentioned share capital decrease.

The above mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 08/02/2017, and upon the approval of the Ministry of Industry, Trade, and Supply on the share capital decrease issued on 21/05/2017.