Kuwait Stock Exchange (KSE) announces that the board of Kuwait Cable Vision (Cable TV), in its meeting held yesterday, Wednesday, 02/03/2011, endorsed financial statements for the FY that ended on 31/12/2010, as follows:

1- Financial statements:

Item	FY ended 31/12/10	FY ended 31/12/09
Profit (Loss) (KWD)	(2.825.172)	(1.115.860)
EPS (LPS) (fils)	(37.99)	(19.49)
Total current assets	4.538.304	2.555.992
Total assets	6.101.972	5.513.460
Total current liabilities	2.903.644	3.111.505
Total liabilities	2.989.005	3.180.310
Total shareholders’ equity	3.112.967	2.333.150

Expenses of dealings with related parties totaled KWD 68.000, with no revenue recorded.

2) Proposed dividend:

The board recommended withholding dividend payout for FY10. This proposal is pending the approval of shareholder meeting and competent authorities.