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Abdullah A. M. Al Khodari Sons Company announces filing the application with the Capital Market Authority for the capital increase by issuing new shares in settlement of the Company liabilities.

Reference is made to the Company announcements on 23/10/2017G and 18/02/2018G regarding the recommendation of the Board of Directors to increase the Company's share capital by issuing new shares against the Company liabilities in order to settle the amounts due and payable to the Company vendors and Abdullah A. M. Al Khodari Sons Investment Holding Company (a major shareholder), Abdullah A. M. Al Khodari Sons Company announces that it has filed the application for its proposed capital increase with the Capital Market Authority on Thursday 22/02/2018G for their approval. Any further future development regarding this matter will be announced in due course.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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